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V I E W P O I N T S W W W. M A I N E B I Z . B I Z 3 S E P T E M B E R 5 , 2 0 2 2 Featured @ Mainebiz.biz For a daily digest of Maine's top business news, sign up for the Mainebiz Daily Report at mainebiz.biz/enews 1. Here are the 100 'Best Places to Work in Maine' 2. Maine leapfrogs among 'best states to live in,' nearly cracks US ranking's top 10 3. 2 Maine ZIP codes rank among top 10 'hottest' for home sales in US 4. Rock Row development helps drive $14.9M retail center investment 5. Years in the making, a $55M cold-storage facility breaks ground in Portland 6. Inc. 5000 ranks 12 Maine companies among fastest-growing in US 7. Storied Rockland schooner to end Maine operations 8. New eatery, retailer may come to Bangor Mall area 9. Developer is transforming Bangor's 'underutilized gems' 10. NY clean energy developer to invest $21M in Millinocket community solar project Get Maine's business news daily at mainebiz.biz and on Twitter (@Mainebiz). Below is our top content from Aug. 17–31. From the Editor E ntrepreneurs often say they do what they do because they couldn't work for anyone else. ey're often driven by a vision of what a com- pany or product should look like. ey find ways to make things happen. ey make their own hours. And they may or may not listen to the counsel of friends and loved ones. As a startup grows there are elements of the busi- ness that may or may not appeal to the entrepreneur: Finding financing, negotiating with vendors, recruiting and hiring, meeting payroll. Let's face it, running a small business is not for the faint of heart. In this issue, we look at some of the day-to- day challenges entrepreneurs face and how they're coping with them. In our cover story, Renee Cordes talked to a business leader who by day works as advisor for entrepreneurs and by night runs a seafood exporting business. "I work around the world clock, so I don't feel I'm managing it very well," she tells Renee. See "Startup stress," which starts on Page 14. Some business owners are what's known as acciden- tal entrepreneurs. "ey are passionate and talented and excited to do something they love. Later, often through the school of hard knocks, they realize they weren't equipped with the business skills they needed to succeed," as a founder of an entrepreneurs' boot camp tells Laurie Schreiber. e boot camp, on Mount Desert Island, helps small business owners fill in the gaps of their knowledge. See "Business boot camp," which starts on Page 22. Payment is a part of running a business that always poses a challenge. While cash-only businesses once were common, now the Square app is frequently used at farmers markets and even yard sales. As Bridget Reed Morawski reports, an Ellsworth baker has found a middle ground by honoring everything from cash- box sales to Venmo to IOUs. See "Cheesecake with a chit," which starts on Page 22. Peter Van Allen pvanallen@mainebiz.biz We help startups create, finance, and scale their businesses. bernsteinshur.com Be entrepreneurial. BE SHUR. Wherever you are in your start up journey, our team of advisors can set you up for long-term success. We regularly provide strategic counsel to companies at all stages of the startup lifecycle – giving you the tools and guidance you need as you form, fund, go to market, scale and exit. Vision is great, but adaptability will get you through the startup stages Running a small business is not for the faint of heart. 2022

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