Very Short Interview No. 1

This week I interviewed Bill Stott who owns Stott Craft. He started Stott Craft in 1979 where he builds boats big and small. I know Bill through my Dad since they both work together, so I stopped by and got some insight from Bill himself.

• What does it mean to be an entrepreneur?

“To me it means to work for yourself, make your own hours, and you can do what you want and whatever you want to make your money. What I think it means to me most is creating jobs for people and being in charge of the decisions.”

• What do you think I should learn in an entrepreneurship course?

Some things I think you could benefit from in an entrepreneurship course is marketing and budgeting. So you know how to sell yourself and get customers, and know how to budget yourself so you don’t run out of money.

• What do you wish you had been taught in school before setting out on your own path as an entrepreneur?

I wish I would’ve learned to go work for someone else, but all jokes aside it would’ve been nice to learn business finance, so I can better manage my money and also make money with my money.

I thought it was cool going out and interviewing a local entrepreneur, although the interview was short it was also a very informative trip. What I though was very awesome of Bill when I asked “what does it mean to be an entrepreneur” and he replied with “creating jobs for people,” that’s one way I never really thought of thinking when it comes to owning your own business. Also, it appears I’ll need to pay extra attention when I go take business finance, as that's something Bill wish he would have learned in school.

- William Garlock