Today’s episode of The En Factor comes to you live from host Dr. Rebecca White’s classroom at The University of Tampa’s campus where Bill Place, founder of Ace Golf, joins the En Factor in front of a graduate student audience to share his entrepreneurial journey. Bill grew up in an entrepreneurial family, where he saw his father operate as a business owner including starting multiple Pizza Hut franchises, sparking Bill’s deep interest and wish to start his own business one day.
Bill’s criteria for a business area to get started in was rooted in the value of real estate, being a cash business, and finding something with a good growth trajectory. To combine these three wishes, Bill turned to the golfing world and started with buying areas of land, building out successful driving ranges and businesses to support them, and eventually exiting to turn the thriving land into a profit. Bill also moved on to full golf courses after seeing lots of success in the driving range world, and talks about how he focused on revenue streams that previously failing courses weren’t focusing on to be successful.
Tune in and join us for this special live episode of The En Factor, as you won’t want to miss a moment of Dr. White and Bill exploring topics including how Bill recognized his golf opportunity as an entrepreneur, the growing pains and challenges of expanding as Bill acquired more land for more courses and ranges, and how Bill’s business survived the COVID-19 pandemic as an outlier.
Key Words - Real Estate, Opportunity Recognition
Connect with Bill on LinkedIn, here:
linkedin.com/in/william-place-560a5a5
Explore this episode, and many other conversations with entrepreneurs on The En Factor Podcast, here:
https://drrebeccawhite.com/podcasts/en-factor
Explore Dr. White’s new Entrepreneurial Intelligence (EI) Lab, here:
https://drrebeccawhite.com/entrepreneurial-intelligence-lab/
Check out Dr. White’s book, “See, Do, Repeat”, and more from her website, here: