📺 Stream EntrepreneurTV for Free 📺

Having It Nailed A zest for woodworking helped this entrepreneur get out of a rut.

By Sara Wilson

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

More than 20 years as an accountant and CFO left Jim Ford feeling dissatisfied and at a crossroad in his life. "[Accounting] was fun for a while; then it wasn't as much fun, and then it wasn't fun at all," he says. "I was looking for something else."

The answer arrived in the mail, printed on the back of a postcard. Woodcraft Supply Corp., a Parkersburg, West Virginia, company specializing in woodworking tools, supplies, books and classes, was seeking franchisees. Ford was a longtime shopper at Woodcraft and wasn't discouraged by the hefty price tag to become a franchisee. Investing $500,000 to $600,000, he opened a Woodcraft franchise in Portsmouth, New Hampshire, in November 1998.

With this decision, Ford got out of a discouraging career and surrounded himself with his favorite type of people: woodworkers. Ford thrives on the enthusiasm his customers bring to the store. "When people come to one of our stores, they're happy to be here," he says. "They look forward to the trip. It's a destination-type store."

Ford, 53, didn't stop at one franchise. In 2001, he teamed with former Woodcraft regional manager George Snyder, 37, to open a store in East Greenwich, Rhode Island. Since then, the two have opened another branch in Jacksonville, Florida. Recently, even Ford's wife, Julie, was encouraged to quit her job as a senior programmer and jump on board. While more stores mean more sales-2004 sales are projected to reach $5 million to $6 million-it also means more paperwork. "I have less time on the floor selling and more time slipping into that accounting role," Ford says.

Applying his accounting skills once more, Ford's life has come full circle. But this time, he is much happier with the direction it's going. "There's never a day when I don't drive in and look forward to it," he says. "I can't say that of my other jobs. That's the bottom line. I enjoy it."

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business News

Kevin O'Leary Says This Is a 'Huge Red Flag' When He's Looking at Resumes

The "Shark Tank" star took to X to share his opinions on job hopping — and how long you should really stay in a job.

Business News

The Met Museum, OpenAI Created an AI Chatbot With the Persona of a 1930s Socialite for a New Exhibit

The finale of the Costume Institute's latest fashion exhibit features a wedding dress worn 94 years ago by New York socialite Natalie Potter and an AI chatbot with her vibe.

Side Hustle

The Sweet Side Hustle She Started in an Old CVS Made $800,000 in One Year. Now She's Repeating the Success With Her Daughter — and They've Already Exceeded 8 Figures.

Mother-daughter team Elisabeth and Gina Galvin are taking their snack brand Stellar Snacks to new heights, literally — you've probably seen their products in-flight.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.