Doc Wright fell into entrepreneurship and he has been taking chances ever since.
On this episode of Solopreneur Money, you’ll hear how Doc got started making gorgeous live edge wood furniture and art, how he consistently grows by taking chances, and how he learned to trust his decisions. Before you start listening, first, check out Doc’s website TheWrightEdge.com to see his amazing live edge wood pieces, and then press play to learn how he found this niche.
You will want to hear this episode if you are interested in…
- How Doc got started with his artwork [2:35]
- What were the first steps that he took to get his business started [7:30]
- Biggest challenges of becoming a solopreneur [13:40]
- The best job and worst job he had were one and the same [17:49]
- How he dealt with Covid in his business [24:10]
- The money questions [28:30]
Doc Wright didn’t start his career as a woodworker
Doc Wright wasn’t always a woodworking artist. After graduating from Texas Tech University, Doc took on a conventional career as a geologist in the oil and gas industry. After years of going nowhere in his field, he grew increasingly frustrated with his job.
When a friend asked him to make a few pieces of furniture for his house, Doc didn’t feel completely out of his element. Even though Doc didn’t know anything about carpentry, he did know how to work with tools. So, crafting live edge wood pieces wasn’t too far outside of his wheelhouse.
Doc enjoyed the process of wood-crafting and he and his friend were both pleased with the results. That work caught the attention of a Texas designer and led him to win a huge bid on a conference room table that allowed him to quit his 9-5. Taking a chance on himself allowed him to leave behind an unsatisfactory career and discover a newfound passion while starting a solopreneur business and becoming a thriving entrepreneur.
Doc started his business with no business education or experience
Doc isn’t afraid to go out on a limb and take chances. When he won his first bid for a conference room table, before he even got started working, he took the first two weeks to figure out how to set up a business. During that time, he learned how to set up an LLC and open a business bank account, find a mentor and a CPA, and learn how to write an invoice. Then, he finally got started learning about woodworking.
Don’t be afraid to fail
Doc has noticed that many entrepreneurs are afraid to fail. Rather than jumping in and figuring things out as they go along, many entrepreneurs want to get everything right the first time. Doc isn’t afraid to learn as he goes.
He feels that if his clients are happy he shouldn’t have that fear of failure. Recognizing and tackling his fear is a huge part of his success. He bet on himself and is now enjoying the results.
Doc has learned to filter out the noise of others’ opinions and have confidence in his own decision-making. He was willing to put everything on the line and has discovered the freedom that the solopreneur lifestyle brings. Have you risked it all for your business? Listen in to hear what you can learn from Doc’s experience.
Resources & People Mentioned
Connect with Doc Wright
- @thewrightedge on Instagram
- @thewrightedge on Facebook
- Doc Wright on LinkedIn
Connect With Gabe Nelson
- FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/
- EMAIL: Gabe (at) GabeNelsonFinancial.com
- Follow Gabe on LinkedIn
- Follow Gabe on Twitter: @GabeNelsonCFP
- Follow Gabe on Facebook
- Follow Gabe on Instagram: @GabeNelsonCFP
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