Charged Up An electrical engineer realized his dreams in the land of opportunity.

By Sara Wilson

Opinions expressed by Entrepreneur contributors are their own.

Oleg Nikishin, 44, owns his own house in Warrington, Pennsylvania, runs his own business and is living what many would call the American Dream. Originally from Russia, Nikishin had been in the merchant marines just long enough to catch a glimpse of the U.S. and know that it was in his future. "After seeing another world and the opportunity," says Nikishin, "I wanted to emigrate." So, determined to get educated before leaving his homeland, he obtained a degree in electrical engineering and moved to the U.S. in 1990 at the age of 29.

By 2003, Nikishin had spent more than a decade learning American business by working various electrical engineering jobs and even running his own computer retail store, but he was still searching for the right business to start. That's when he came across electrical-service franchise Mr. Electric. He was attracted to the fact that the industry fit his background and was trend-proof and recession-proof.

Despite his background in the field, Nikishin found it challenging opening his franchise in a territory that was more than 100 miles away from his home. He credits the support offered by the franchise company with helping him through that first year. Now Nikishin and his three employees are busy serving primarily commercial clients, and he recently purchased a second territory: Montgomery County. He is about a quarter of the way to realizing his goal of reaching $1 million in annual sales by 2008. His key to success? Never lose sight of the vision. "If people just want the quick buck, this is not the business for that," says Nikishin. "They have to have the vision and make sure they go for it."

Wavy Line

Editor's Pick

A Father Decided to Change When He Was in Prison on His Son's Birthday. Now His Nonprofit Helps Formerly Incarcerated Applicants Land 6-Figure Jobs.
Lock
A Teen Turned His Roblox Side Hustle Into a Multimillion-Dollar Company — Now He's Working With Karlie Kloss and Elton John
Lock
3 Mundane Tasks You Should Automate to Save Your Brain for the Big Stuff
Lock
The Next Time Someone Intimidates You, Here's What You Should Do
5 Ways to Manage Your Mental Health and Regulate Your Nervous System for Sustainable Success

Related Topics

Business News

'I Am Just Floored': Woman Discovers She Won $1 Million Lottery Prize While Checking Her Email at Work

Initially, she thought the email was a scam, but went to lottery headquarters and walked away with a six-figure check after taxes.

Business News

Amazon Might Soon Be Adding Ads to Prime Video

The company wants to generate more ad revenue for its streaming service.

Business News

'I've Got the Bug for Business': See All of Mark Wahlberg's Entrepreneurial Endeavors, From Marky Mark and the Funky Bunch to Wahlburgers

Mark Wahlberg owns businesses in several categories, including entertainment production, apparel, fitness, and nutrition.

Marketing

5 Simple Tweaks for Better Email Deliverability

Email success starts in the inbox. Learn five easy ways to tweak your strategy so you can achieve better email deliverability.

Fundraising

'Entrepreneur Elevator Pitch' Is Back Open for Business!

Check out this preview of season nine of our hit show "Entrepreneur Elevator Pitch." Big ideas and big money are on the line!

Leadership

How Leveraging External Trainers Can Advance Your Companies Growth and Talent Optimization

Discover how your organization can use external trainers to build capabilities, lower training cost and create a sustainable workforce for the future, while still delivering high-quality training and lasting results.