Have you ever asked yourself, what does it take to become an entrepreneur? Some entrepreneurs started their entrepreneurial journey without any guidance, and Jesse Willms is one of them.
Currently, he is a successful individual; however, there are pieces of advice Jesse Willms wishes he was given before he established his company. Fifteen years ago, Jesse Willms launched eDirect, a firm that would deal with computer software sales online. Under the leadership of Jesse Willms, the firm has grown into a multimillion-dollar entity. During the first year, the corporation made sales worth more than $40 million.
Jesse Willms has also established other brands over the years, and WuYi Tea is one of them. The tea brand currently has a considerable following. It also has a positive reputation since the brand usually produces high-quality tea such that consumers can get value for their money. Between 2007 to 2009, WuYi tea has sold tea worth more than $100 million.
Willms is also responsible for the formation of the Dazzle White brand. The venture did not last long; nonetheless, it generated large amounts of revenue for the period it was operational. Dazzle White dealt in the sale of teeth whitening products, and the firm managed to make sales worth more than $50 million.
Jesse Willms is also the founder of Car History Group and Penguin Lead. Car History Group was established in 2012, and the brand allows people to learn more about the history of the car you own or expect to own. The site attracts at least three million visitors each month. Considering how successful such a venture has been, it seems the sale of information is indeed a lucrative venture.
Recently, Jesse Willms began dedicating some time towards mentoring entrepreneurs and teaching them about strategies that can help enhance their business ventures’ success. Willms also managed to talk about some of the things that he wished he was told before he established his first firm, and they include:
- Poor judgment is a common issue even when you’re sure you are correct, and there is no room for error. To maneuver such issues, you should be open-minded.
- As a business leader, you should keep a close eye on the costs of operating the venture. The main issue is that startup investors usually cut down the costs at an inappropriate moment. To avoid such issues, you should prioritize the management of the budget.