Clearing the Air About Succeeding as a Lifelong Entrepreneur with Stephen Worrall

My special guest on the podcast today is Stephen Worrall, founder of Integrated Clean Air Services, and industry expert in the field of HVAC hygiene and Indoor Air Quality. A former member of the Canadian Armed Forces and a veteran of the 1st Gulf War, Stephen is very much a lifelong entrepreneur with a keen interest in financial services who has written and spoken about cryptocurrencies and blockchain at several events. He also sits on several industry committees and is a member and Committee Chair with the Oakville Chamber of Commerce.

In today’s episode, Stephen shares how he got started in the clean air business, what he means by the ‘golden quarter’, what his company looks like today and how they attract customers. He also discusses the role his wife plays in the company and how they are growing the business.  Stephen goes on to reveal his plans for the future, the low points in his journey thus far and the lessons learned, and finishes up by describing his savings and investments as well as his definition of financial independence.

Listen to the PodcastDownload the Transcript

Highlights:

  • The ‘golden quarter’ is the quarter of the year where you tend to earn the most of your money.
  • Stephen’s business is growing through providing white label services, and he is considering franchising as well.
  • He has researched crypto and blockchain technology extensively and believes they will be instrumental in allowing derivatives to thrive.
  • His low points occurred when a couple of his business partnerships broke up.
  • For Stephen, financial independence is, in some ways, the size of your bank account, and also being able to go out every day and earn your own living.

Quotes:

“Middle of September the phones would really start to open up and you’d go crazy all the way through until mid-December. You would do almost a third of the year in that quarter.”

“My own system development is actually really solid. That’s one of the reasons I’ve been able to take on other projects or run multiple companies at the same time, because I’ve built such solid systems here that they can almost run themselves at this point.”

“One of the narratives inside the blockchain community is the democratization of finance or financial services, in that anyone can participate anywhere. It’s no longer just institutional only.”

“Take a swipe at it. If you’ve got a passion, you see an opportunity, go for it. And if you fail, you fail, just learn. I think that’s probably one of the most important things.”

“If you can travel and not worry if you don’t have enough money from one week to the next, and my wife doesn’t have to work outside of the home, that’s what I think is successful for us.”

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Listen to more podcasts by Richard Dri:

Making your Passion Your Business with Marc Wilson

The Formidable Combination of CPA and Tax Law Expertise with Josh Kumar

Starting a Law Firm to Serve Corporations and Individuals Alike with Sara Erskine

source https://richarddri.ca/clearing-the-air-about-succeeding-as-a-lifelong-entrepreneur-with-stephen-worrall/

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