Business, Entrepreneur, Members, Organization, San Antonio, Small Business

Member Spotlight: Chad Elms

What would you say are the top three skills needed to be a successful entrepreneur?
a. Drive.
b. Persistence.
c. The willingness to regularly “work” on ourselves – both personally and professionally—so that we’re always getting better. Unfortunately, I think too many people make the mistake of thinking we’re too busy to work on ourselves, and we become like the lumberjack Zig Ziglar talks about –his wood production goes down by 40% because he will not take time to sharpen his axe. For that reason, I think we have to have a consistent process in place to continually work on improving ourselves.

How do you generate new ideas?
Personally, I devote time each day to personal development and brainstorming. I intentionally set aside time on a regular basis for this purpose.

I also try to meet regularly with colleagues in other industries to visit about their challenges and successful actions and processes. In doing this, I always have ideas on ways I can change or improve processes in my own business/industry.

Name one business failure and what have you learned from it?
There have been a number of times in the past where I’ve kept someone in a position for way too long, even after realizing they weren’t meeting my expectations. Though it’s still somewhat difficult for me, I am now better at being willing to make a change as soon as I realize someone isn’t a fit in a position, or on our team.

What is your greatest business fear, and how do you manage it?
My greatest fear in business is that I won’t be ready for a great opportunity when it comes. I’m a firm believer that opportunities are always available, but that we have to be prepared for them when they present themselves; a good opportunity only makes the unprepared look foolish.

How do you define success?
I define success as one of my personal mentors, Earl Nightingale, defines it “I think success is the progressive realization of a worthy goal.”

What has been your most satisfying moment in business?
Working my way out of the “trenches” as my company’s primary producer, and getting a full staff and executive team in place. This has allowed me to truly function in my role as the goal maker and visionary for our company.

What is one thing that no one knows about you?
I really enjoy reading biographies of former US presidents. It always amazes me to think how one person, at any given point in time, can change the course of history (and nations) by making a particular decision.

Excluding yours, what company or business do you admire the most?
Apple. They have incredible innovation and are continually raising the bar for technology, as well as changing the way people live and work using technology.

What is your favorite EO memory?
I’m relatively new to EO, so my favorite memory at this point is going through forum training; I met a lot of great people and got my first glimpse of the incredible opportunities available through this organization.

In one word, characterize your life as an entrepreneur.
Evolution. (In that I continue to evolve as a leader and executive on a daily basis).

Chad Elms
Momentum Physical Therapy and Sports Rehab



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