In the world of business, there's often a romanticized notion of following your passion and turning it into a successful venture. While passion certainly plays a role, the reality of entrepreneurship is far more complex and demanding. Recently, I had the opportunity to sit down with Wilson, a successful entrepreneur who has built multiple businesses from the ground up. His insights offer a refreshing and realistic perspective on what it truly takes to succeed in the business world.
The Entrepreneurial Mindset
Wilson's journey began not with a burning passion for a specific industry, but with a hunger for success and financial stability. "The passion I have is not being broke," he candidly shared. This drive led him from a comfortable job at Zillow to starting his own business in an industry he had little experience in - septic and wastewater management.
This transition highlights a crucial point for aspiring entrepreneurs: sometimes, the most successful businesses aren't born from lifelong passions, but from identifying opportunities and being willing to put in the hard work to capitalize on them.
From Employee to Business Owner
The leap from employee to business owner is often romanticized, but Wilson paints a more realistic picture. This willingness to get his hands dirty and do whatever it took to get the business off the ground was crucial to his success.
For those considering making a similar leap, Wilson advises, "Get ready to be miserable for a bit and be tired and be stressed out and be annoyed. That's part of it. You have to be a little bit of a maniac to do this."
The Role of Mentors
Throughout our conversation, Wilson repeatedly emphasized the importance of mentors in his journey. From his early days in sales to his current role as a business owner, he has actively sought out individuals who could offer guidance and wisdom.
"I would always seek out people," he explains. "Even just recently at my wife's dad's memorial, there were some heavy hitters there in my industry and other spaces. Although we were there celebrating his life, I still wanted to make sure they knew who I was."
This proactive approach to networking and learning from others has been a key factor in Wilson's success. He encourages aspiring entrepreneurs to be bold in seeking out mentors and learning opportunities, even in unexpected places.
Passion vs. Practicality
While Wilson acknowledges the value of passion, he offers a more pragmatic view of its role in business success. Using my own passion for coffee as an example, he suggested, "Why not a nice little coffee shop, not too large, decent rent. Sell the coffee online. In the store. Just try it. Why not?"
This approach balances passion with practicality. Wilson emphasizes the importance of considering the return on investment (ROI) and being willing to pivot or expand into areas that may not align with your initial passion, but offer greater opportunities for success.
Taking Action and Overcoming Perfectionism
Perhaps the most emphatic point Wilson made throughout our conversation was the importance of taking action. "Everybody got plans, but execution is everything," he stated. This sentiment was echoed repeatedly, with Wilson urging aspiring entrepreneurs to stop overthinking and start doing.
"It don't need to be perfect. You got to get going. That's the biggest thing, getting going," he advised.
Scaling and Managing Multiple Ventures
As his business has grown, Wilson has faced new challenges in scaling and managing multiple ventures. He emphasizes the importance of focus, cautioning against trying to do too many things at once. "I think it's impossible to do 20 things at once," he explains. Instead, he advocates for mastering one area before expanding into others.
This approach has allowed Wilson to grow his initial business and begin expanding into new areas like plumbing and HVAC. His goal? To build a $100 million business with multiple verticals. While ambitious, this goal illustrates the importance of thinking big and constantly pushing for growth.
Overcoming Challenges and Self-Doubt
Wilson doesn't shy away from discussing the challenges of entrepreneurship. He acknowledges the stress, the long hours, and the constant pressure to perform. However, he also offers a refreshing perspective on these challenges, framing them as necessary parts of the journey rather than insurmountable obstacles.
For those facing self-doubt or feeling stuck, Wilson offers this advice: "Look within, you know, start with you. It's probably you. Action or inaction is probably you. Something has happened that you've contributed to. It's on you. So take what you have and make what you want and go out there and get it."
Conclusion: Take the Leap
At the core of Wilson's message is a call to action. Whether you're considering starting a business, changing careers, or pursuing a long-held dream, his advice is clear: take the leap. "You got one life," he reminds us. "I think you gotta be willing to take a chance if you're in a place in your life and you're not happy."
While he doesn't sugarcoat the challenges of entrepreneurship, Wilson's story serves as a powerful reminder of what's possible when you combine passion with practicality, seek out mentorship, and most importantly, take action. Whether you're a coffee enthusiast dreaming of opening a shop or a corporate employee with entrepreneurial aspirations, the key is to start moving forward, even if the path isn't perfectly clear.
Remember, as Wilson says, "You won't change anything until the pain is painful enough." So ask yourself: are you ready to take that leap and turn your dreams into reality?