David Brent lives in Atlanta Georgia. He has owned over 8 business in his life time, and currently owns a commercial construction company. When he got off of his mission in 1990, his dad gave him $25,000 to do what ever he wanted with. His dad hoped he would use this money to enroll himself into Brigham Young University, but David had way bigger dreams. He used this $25,000 to start a construction company. The company took off, and by the age of 24 he had made a million dollars. He never looked back at his decision to skip over college and dive right into the working world.
After his first company took off, David decided to start another construction company in Phoenix, open up a gas station, start an online trading business, start a landscaping maintenance business, and owning a metal distribution building.
David's advice for me was to give your dreams 100%. If this means dropping out of school right now to begin the business of your dreams, then you should go for it. If you want to start your own doctors practice than of course school is necessary, but unless that is your entrepreneur dream then dropping out of school could be the best decision. He also mentioned the importance of networking. He said that life is all about who you know, and your connections are what are going to land you a job. Not a fancy resume.
I really enjoyed talking to David and seeing what entrepreneurship is like over on the east coast. Most of the people that I talked to were in Utah or the west coast, so I liked getting a fresh perspective from a different side of the country.
Monday, December 22, 2014
Thursday, December 18, 2014
David Pestana (#8)
This month I had the opportunity to be connected with David
Pestana through Jon Bradshaw. I was super excited about this connection because
David is currently working in the real estate field which is what I have been
leaning towards doing. David is a part time owner of EdgeCreek property
management in Provo. His company acts like a professional management company
and manages 1700 student housing contracts in Idaho, and 300 apartments.
David has currently finished up two projects. The first
project was an expensive remodel of 72 Heritage Apartments in Rexburg. The second
project was building a River Bottom office structure in Idaho. His company
currently owns three office buildings, and most of the properties he manages
are located in Idaho.
I also got the chance to talk with him about starting his
company. He started the company in 2008 with his brother and life long friend.
He was working in California at Wachovia, and just decided that he needed
diversity and change and wanted to start something new. He went to school for exercise
at BYU Hawaii and University of Las Vegas, but he said if he could go back he
would go for something in the tech field.
Currently, EdgeCreek is the only business that David is working with, but he said that in the far future he may consider starting another
company. He says he really enjoys the real estate market and will probably
stick with this field. He recommended the real estate market because he said
that all of the baby boomers are currently retiring, and are using real estates
as retirement. He also suggested staying on the west coast if I am planning on
going into real estate.
Casey Cunningham (#7)
I had the chance to interview Casey Cunningham, CEO of
XINNIX. XINNIX is a company in Atlanta that is designed to sharpen seasoned veterans and produce new mortgage sales
professionals. This is a privately held company that has been very successful
and was founded in 2002. I talked with Casey about her previous experience that
led her to her current career, and what made her realize that entrepreneurship
was her calling.
Casey
went to Wofford College and Georgia State University and studied marketing and
business. She said that early on, she wanted to reap the benefits of hard work
and not have limitations on earnings. After graduating college, she started out
in straight commissions sales in order to have unlimited upside. She later
decided that she wanted to be an entrepreneur after realizing that she had a
service that people wanted. She said that she always felt like an entrepreneur
even working for companies because she would always work as if she owned the
company. This attitude caused multiple promotions for her. In 2002, she decided
to turn from sales and start her own business- a mortgage academy.
When
asking about her unexpected challenges that she ran into while starting her
company, she mentioned market
conditions, lack of quality workers available, managing cash flow, and time
limitations. When asking her if she often uses her schooling experience to help
her run her business, she said that she does to some degree but real life work
experience has definitely been more meaningful and helpful to her. When I asked
her if there is any advice she would give to her college self, she said “Work
hard in school so you are getting experience and education simultaneously,
realize that the future is as big as you make it, apply yourself 100%, and be
involved in a leadership position on campus as this is the greatest skill you
will need as a successful entrepreneur.”
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