hi I’m Evan Carmichael walked with to another edition of modeling the Masters
another edition of modeling the Masters
another edition of modeling the Masters today’s post is brought to you by
today’s post is brought to you by
today’s post is brought to you by American Express they recently launched
American Express they recently launched
American Express they recently launched a Facebook page called Amex for business
a Facebook page called Amex for business
a Facebook page called Amex for business Canada that has a lot of resources tips
Canada that has a lot of resources tips
Canada that has a lot of resources tips tools information for entrepreneurs that
tools information for entrepreneurs that
tools information for entrepreneurs that I hope you’ll go check out now I believe
I hope you’ll go check out now I believe
I hope you’ll go check out now I believe that the fastest and most effective way
that the fastest and most effective way
that the fastest and most effective way to grow your business is to model the
to grow your business is to model the
to grow your business is to model the strategies of people who’ve already done
strategies of people who’ve already done
strategies of people who’ve already done what you’re trying to do so today we’re
what you’re trying to do so today we’re
what you’re trying to do so today we’re gonna look at how an engineer discovered
gonna look at how an engineer discovered
gonna look at how an engineer discovered that engineering wasn’t his passion and
that engineering wasn’t his passion and
that engineering wasn’t his passion and he wanted to be a businessman against
he wanted to be a businessman against
he wanted to be a businessman against the advice of his friends and family and
the advice of his friends and family and
the advice of his friends and family and everyone around them he left his
everyone around them he left his
everyone around them he left his high-paying job to go back to school get
high-paying job to go back to school get
high-paying job to go back to school get an MBA and into the business world he
an MBA and into the business world he
an MBA and into the business world he went on to become one of the richest
went on to become one of the richest
went on to become one of the richest people in Canada this is a story of Bret
people in Canada this is a story of Bret
people in Canada this is a story of Bret Wilson and a top three lessons you can
Wilson and a top three lessons you can
Wilson and a top three lessons you can learn from his success Brett Wilson a
learn from his success Brett Wilson a
learn from his success Brett Wilson a Canadian engineer businessman and
Canadian engineer businessman and
Canadian engineer businessman and television personality is best known for
television personality is best known for
television personality is best known for his appearances on CBC’s dragons dead
his appearances on CBC’s dragons dead
his appearances on CBC’s dragons dead after growing up at a middle-class
after growing up at a middle-class
after growing up at a middle-class family his father a car salesman and
family his father a car salesman and
family his father a car salesman and mother of social worker Wilson went off
mother of social worker Wilson went off
mother of social worker Wilson went off to college to study engineering he would
to college to study engineering he would
to college to study engineering he would get his bachelor’s degree in engineering
get his bachelor’s degree in engineering
get his bachelor’s degree in engineering and go to work for one of the old
and go to work for one of the old
and go to work for one of the old companies in Western Canada however
companies in Western Canada however
companies in Western Canada however after a few years of working as an
after a few years of working as an
after a few years of working as an engineer he discovered that he wanted to
engineer he discovered that he wanted to
engineer he discovered that he wanted to do something else
do something else
do something else business after going to school to get
business after going to school to get
business after going to school to get his MBA Wilson would join nine of the
his MBA Wilson would join nine of the
his MBA Wilson would join nine of the friends to start an investment club they
friends to start an investment club they
friends to start an investment club they each put in $200 and invested in the
each put in $200 and invested in the
each put in $200 and invested in the stock market they would soon each get
stock market they would soon each get
stock market they would soon each get back 221 dollars but more importantly
back 221 dollars but more importantly
back 221 dollars but more importantly understanding how the stock market
understanding how the stock market
understanding how the stock market worked how commissions work how to buy
worked how commissions work how to buy
worked how commissions work how to buy and sell stocks as well as learn to
and sell stocks as well as learn to
and sell stocks as well as learn to research and watch market trends it
research and watch market trends it
research and watch market trends it wasn’t much money but this small
wasn’t much money but this small
wasn’t much money but this small investment club got Wilson moving and
investment club got Wilson moving and
investment club got Wilson moving and drove him to wanting to do more in the
drove him to wanting to do more in the
drove him to wanting to do more in the business world he would go on to work
business world he would go on to work
business world he would go on to work for an investment bank but his
for an investment bank but his
for an investment bank but his entrepreneurial spirit was still not
entrepreneurial spirit was still not
entrepreneurial spirit was still not satisfied he would bite his time network
satisfied he would bite his time network
satisfied he would bite his time network make contacts I learned everything he
make contacts I learned everything he
make contacts I learned everything he could so one day he could start his own
could so one day he could start his own
could so one day he could start his own business finally he would create his own
business finally he would create his own
business finally he would create his own investment advisory firm and later team
investment advisory firm and later team
investment advisory firm and later team up with three partners to create a
up with three partners to create a
up with three partners to create a brokerage firm first energy capital that
brokerage firm first energy capital that
brokerage firm first energy capital that would offer investment services to the
would offer investment services to the
would offer investment services to the oil and gas industry today first energy
oil and gas industry today first energy
oil and gas industry today first energy capital has handled more than 150
capital has handled more than 150
capital has handled more than 150 billion dollars worth of mergers
billion dollars worth of mergers
billion dollars worth of mergers acquisitions and asset sales Wilson has
acquisitions and asset sales Wilson has
acquisitions and asset sales Wilson has been named one of the top 20 deal makers
been named one of the top 20 deal makers
been named one of the top 20 deal makers in Canada and one of the top 10 mergers
in Canada and one of the top 10 mergers
in Canada and one of the top 10 mergers and acquisition specialists in Canada by
and acquisition specialists in Canada by
and acquisition specialists in Canada by following his gut a my not listening to
following his gut a my not listening to
following his gut a my not listening to the people who didn’t believe in him
the people who didn’t believe in him
the people who didn’t believe in him Brett Wilson was able to go from an
Brett Wilson was able to go from an
Brett Wilson was able to go from an engineer to a highly successful
engineer to a highly successful
engineer to a highly successful entrepreneur to help you explode your
entrepreneur to help you explode your
entrepreneur to help you explode your business
business
business here are three auction items and you can
here are three auction items and you can
here are three auction items and you can learn from Brett Wilson action item
learn from Brett Wilson action item
learn from Brett Wilson action item number one stay the course most people
number one stay the course most people
number one stay the course most people have ideas to start businesses but they
have ideas to start businesses but they
have ideas to start businesses but they don’t take action it’s scary
don’t take action it’s scary
don’t take action it’s scary it takes a lot of courage you might fail
it takes a lot of courage you might fail
it takes a lot of courage you might fail and it’s outside the normal corporate
and it’s outside the normal corporate
and it’s outside the normal corporate world that most people are used to it
world that most people are used to it
world that most people are used to it takes a lot of guts to start a business
takes a lot of guts to start a business
takes a lot of guts to start a business and in many cases your friends and
and in many cases your friends and
and in many cases your friends and family won’t understand why you’re doing
family won’t understand why you’re doing
family won’t understand why you’re doing it they may tell you you’re crazy and
it they may tell you you’re crazy and
it they may tell you you’re crazy and you should get a comfortable job so you
you should get a comfortable job so you
you should get a comfortable job so you don’t have to worry if your passion
don’t have to worry if your passion
don’t have to worry if your passion about being an entrepreneur don’t let
about being an entrepreneur don’t let
about being an entrepreneur don’t let the naysayers get you down focus on why
the naysayers get you down focus on why
the naysayers get you down focus on why you’re running your business and keep
you’re running your business and keep
you’re running your business and keep jumping over the hurdles putting your
jumping over the hurdles putting your
jumping over the hurdles putting your way until you reach the success you’re
way until you reach the success you’re
way until you reach the success you’re after Wilson believes that real
after Wilson believes that real
after Wilson believes that real entrepreneurs have to stay the course
entrepreneurs have to stay the course
entrepreneurs have to stay the course even when your friends and family don’t
even when your friends and family don’t
even when your friends and family don’t think what you’re doing is a good idea
think what you’re doing is a good idea
think what you’re doing is a good idea Wilson started out his career as an
Wilson started out his career as an
Wilson started out his career as an engineer and had a good job in the oil
engineer and had a good job in the oil
engineer and had a good job in the oil fields but was missing the passion when
fields but was missing the passion when
fields but was missing the passion when he wanted to change careers and focus on
he wanted to change careers and focus on
he wanted to change careers and focus on business his family and friends tried to
business his family and friends tried to
business his family and friends tried to convince him that he had a good job and
convince him that he had a good job and
convince him that he had a good job and she’d stick it out he then took a
she’d stick it out he then took a
she’d stick it out he then took a management test at his engineering job
management test at his engineering job
management test at his engineering job and failed it they told him that he was
and failed it they told him that he was
and failed it they told him that he was not management material Wilson had to
not management material Wilson had to
not management material Wilson had to prove everyone wrong so he left his job
prove everyone wrong so he left his job
prove everyone wrong so he left his job and started following his passion
and started following his passion
and started following his passion according to Wilson it was hard not to
according to Wilson it was hard not to
according to Wilson it was hard not to enjoy the success we were having doing a
enjoy the success we were having doing a
enjoy the success we were having doing a deal a day it was enthralling to be at
deal a day it was enthralling to be at
deal a day it was enthralling to be at the office
the office
the office I got as caught up in my career as any
I got as caught up in my career as any
I got as caught up in my career as any investment banker could be I worked for
investment banker could be I worked for
investment banker could be I worked for about three years as an engineer one of
about three years as an engineer one of
about three years as an engineer one of the big oil companies
the big oil companies
the big oil companies I discovered that I wasn’t passionate
I discovered that I wasn’t passionate
I discovered that I wasn’t passionate about engineering I was passionate about
about engineering I was passionate about
about engineering I was passionate about business despite being told by one of my
business despite being told by one of my
business despite being told by one of my first employers that I wasn’t management
first employers that I wasn’t management
first employers that I wasn’t management material I enrolled in the MBA program
material I enrolled in the MBA program
material I enrolled in the MBA program at the University of Calgary I was the
at the University of Calgary I was the
at the University of Calgary I was the first graduate to major in
first graduate to major in
first graduate to major in entrepreneurship after I started my
entrepreneurship after I started my
entrepreneurship after I started my business a company named Wilson Mackey
business a company named Wilson Mackey
business a company named Wilson Mackey my dad asked me if I was still looking
my dad asked me if I was still looking
my dad asked me if I was still looking for a job
for a job
for a job entrepreneurs have to be willing to stay
entrepreneurs have to be willing to stay
entrepreneurs have to be willing to stay the course even when those closest to
the course even when those closest to
the course even when those closest to you question what you’re doing option
you question what you’re doing option
you question what you’re doing option number two watch and learn when I
number two watch and learn when I
number two watch and learn when I started my first real company about tech
started my first real company about tech
started my first real company about tech software business I was 19 years old
software business I was 19 years old
software business I was 19 years old and didn’t have a clue what I was doing
and didn’t have a clue what I was doing
and didn’t have a clue what I was doing I was in over my head and didn’t want to
I was in over my head and didn’t want to
I was in over my head and didn’t want to fail my aha moment came when I realized
fail my aha moment came when I realized
fail my aha moment came when I realized that I wasn’t the first guy to try to
that I wasn’t the first guy to try to
that I wasn’t the first guy to try to sell software so our research companies
sell software so our research companies
sell software so our research companies like Microsoft McAfee and Intuit to see
like Microsoft McAfee and Intuit to see
like Microsoft McAfee and Intuit to see how they got started by looking at how
how they got started by looking at how
how they got started by looking at how Bill Gates grew his company he became my
Bill Gates grew his company he became my
Bill Gates grew his company he became my mentor even though I had never met him
mentor even though I had never met him
mentor even though I had never met him you can learn a lot about how to market
you can learn a lot about how to market
you can learn a lot about how to market your business and build your company by
your business and build your company by
your business and build your company by following the success clues that those
following the success clues that those
following the success clues that those before you have left behind Wilson had
before you have left behind Wilson had
before you have left behind Wilson had completed his education in both
completed his education in both
completed his education in both engineering and business but the course
engineering and business but the course
engineering and business but the course he found most valuable was consumer and
he found most valuable was consumer and
he found most valuable was consumer and buyer behavior today he believes this
buyer behavior today he believes this
buyer behavior today he believes this course taught him the proper way to
course taught him the proper way to
course taught him the proper way to market and how to brand businesses his
market and how to brand businesses his
market and how to brand businesses his most valuable skill is watching and
most valuable skill is watching and
most valuable skill is watching and learning watching her other businesses
learning watching her other businesses
learning watching her other businesses do to create brand awareness and how
do to create brand awareness and how
do to create brand awareness and how each successfully competed for capital
each successfully competed for capital
each successfully competed for capital he desperately wants others to
he desperately wants others to
he desperately wants others to understand his behaviors and spends a
understand his behaviors and spends a
understand his behaviors and spends a lot of time trying to pass this
lot of time trying to pass this
lot of time trying to pass this information along to other aspiring
information along to other aspiring
information along to other aspiring entrepreneurs according to Wilson it
entrepreneurs according to Wilson it
entrepreneurs according to Wilson it doesn’t matter if you’re a doctor
doesn’t matter if you’re a doctor
doesn’t matter if you’re a doctor scientist engineer or lawyer the tools
scientist engineer or lawyer the tools
scientist engineer or lawyer the tools of marketing are invaluable I sometimes
of marketing are invaluable I sometimes
of marketing are invaluable I sometimes think people over worry this take me
think people over worry this take me
think people over worry this take me under your wing notion people can be
under your wing notion people can be
under your wing notion people can be mentored by simply observing carefully
mentored by simply observing carefully
mentored by simply observing carefully for example I’ve been mentored by
for example I’ve been mentored by
for example I’ve been mentored by Richard Branson in the marketing world
Richard Branson in the marketing world
Richard Branson in the marketing world and a variety of business people in
and a variety of business people in
and a variety of business people in terms of
terms of
terms of their business acumen I watch and learn
their business acumen I watch and learn
their business acumen I watch and learn and I’m still watching and learning
and I’m still watching and learning
and I’m still watching and learning actually not on number three grow during
actually not on number three grow during
actually not on number three grow during hard times when times get tough
hard times when times get tough
hard times when times get tough entrepreneurs often scale back question
entrepreneurs often scale back question
entrepreneurs often scale back question of their cut out to be a business owner
of their cut out to be a business owner
of their cut out to be a business owner and often go looking for a job when the
and often go looking for a job when the
and often go looking for a job when the economy is doing poorly the successful
economy is doing poorly the successful
economy is doing poorly the successful entrepreneurs look at it as an
entrepreneurs look at it as an
entrepreneurs look at it as an opportunity for growth they realized
opportunity for growth they realized
opportunity for growth they realized that the competition is likely not
that the competition is likely not
that the competition is likely not invested in marketing or new innovations
invested in marketing or new innovations
invested in marketing or new innovations and that there’s a lot of talented
and that there’s a lot of talented
and that there’s a lot of talented people who are looking for work to grow
people who are looking for work to grow
people who are looking for work to grow through tough times you need to get
through tough times you need to get
through tough times you need to get closer to your customer and develop new
closer to your customer and develop new
closer to your customer and develop new products and services that can help them
products and services that can help them
products and services that can help them solve important pains that they are
solve important pains that they are
solve important pains that they are facing Wilson grew his business to the
facing Wilson grew his business to the
facing Wilson grew his business to the hard times our being innovative he
hard times our being innovative he
hard times our being innovative he believes that entrepreneurs who focus on
believes that entrepreneurs who focus on
believes that entrepreneurs who focus on building a culture of innovation always
building a culture of innovation always
building a culture of innovation always look for ways to be better improved more
look for ways to be better improved more
look for ways to be better improved more efficient and do things more
efficient and do things more
efficient and do things more intelligently if you can’t find a
intelligently if you can’t find a
intelligently if you can’t find a solution create one if you’re constantly
solution create one if you’re constantly
solution create one if you’re constantly innovating you’ll have some failures but
innovating you’ll have some failures but
innovating you’ll have some failures but your successes will help you not just
your successes will help you not just
your successes will help you not just get through hard times but grow through
get through hard times but grow through
get through hard times but grow through them according to Wilson innovators
them according to Wilson innovators
them according to Wilson innovators thinkers are constantly asking a
thinkers are constantly asking a
thinkers are constantly asking a question how can we make things better
question how can we make things better
question how can we make things better no matter what stage you write in your
no matter what stage you write in your
no matter what stage you write in your career what industry you work in
career what industry you work in
career what industry you work in everyone around you can benefit from new
everyone around you can benefit from new
everyone around you can benefit from new ideas don’t be afraid to think outside
ideas don’t be afraid to think outside
ideas don’t be afraid to think outside the box just because something works
the box just because something works
the box just because something works doesn’t mean it can’t be better don’t
doesn’t mean it can’t be better don’t
doesn’t mean it can’t be better don’t expect not to be afraid
expect not to be afraid
expect not to be afraid real courage is being scared to death
real courage is being scared to death
real courage is being scared to death and going ahead anyway hard times are an
and going ahead anyway hard times are an
and going ahead anyway hard times are an opportunity for growth struggle doesn’t
opportunity for growth struggle doesn’t
opportunity for growth struggle doesn’t so much build character as reveal it so
so much build character as reveal it so
so much build character as reveal it so remember stay the course
remember stay the course
remember stay the course watch and learn and grow during hard
watch and learn and grow during hard
watch and learn and grow during hard times to finish up the video I wanted to
times to finish up the video I wanted to
times to finish up the video I wanted to share one of my favorite true stories
share one of my favorite true stories
share one of my favorite true stories about Brett Wilson and some of his best
about Brett Wilson and some of his best
about Brett Wilson and some of his best quotes
when Wilson was young his father set him
when Wilson was young his father set him up a job cutting the neighbors lawn all
up a job cutting the neighbors lawn all
up a job cutting the neighbors lawn all summer long Wilson said he knew a friend
summer long Wilson said he knew a friend
summer long Wilson said he knew a friend that was making $3 for each cut I
that was making $3 for each cut I
that was making $3 for each cut I thought it was a good way to make some
thought it was a good way to make some
thought it was a good way to make some extra money for the summer he mowed the
extra money for the summer he mowed the
extra money for the summer he mowed the lawn twice a week for a total of 30 cuts
lawn twice a week for a total of 30 cuts
lawn twice a week for a total of 30 cuts at the end of the summer he went to
at the end of the summer he went to
at the end of the summer he went to collect his summer wages and she handed
collect his summer wages and she handed
collect his summer wages and she handed him of $10 bill
him of $10 bill
him of $10 bill Wilson was flabbergasted he expected $90
Wilson was flabbergasted he expected $90
Wilson was flabbergasted he expected $90 instead of the $10 she’d given him he
instead of the $10 she’d given him he
instead of the $10 she’d given him he would later be quoted as saying as he
would later be quoted as saying as he
would later be quoted as saying as he looked back on his life
looked back on his life
looked back on his life I didn’t negotiate a price up front I
I didn’t negotiate a price up front I
I didn’t negotiate a price up front I learned a lot about communicating and
learned a lot about communicating and
learned a lot about communicating and being upfront and establishing mutual
being upfront and establishing mutual
being upfront and establishing mutual expectations in hindsight a great
expectations in hindsight a great
expectations in hindsight a great learning experience and for a great
learning experience and for a great
learning experience and for a great cause the widdled neighbor
thank you for joining me for another
thank you for joining me for another edition of maudlin masters if you like
edition of maudlin masters if you like
edition of maudlin masters if you like the video I want to see more please give
the video I want to see more please give
the video I want to see more please give it a thumbs up below I’d also love to
it a thumbs up below I’d also love to
it a thumbs up below I’d also love to hear what you have to think if you want
hear what you have to think if you want
hear what you have to think if you want to leave a comment under the video also
to leave a comment under the video also
to leave a comment under the video also remember to check out the MX with
remember to check out the MX with
remember to check out the MX with Pistons Canada Facebook page and we’ll
Pistons Canada Facebook page and we’ll
Pistons Canada Facebook page and we’ll see you on the next episode
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