Black Friday Sale! 50% Off All Access

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

By Sara Wilson

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.

Growing a Business

How to Build, Grow and Make Money With Ecommerce

To grow your online business, you need to develop a strategy and invest your time wisely. These actionable tips can attract customers and increase online revenue.

Business News

How to Write a Business Plan

Learn the essential elements of writing a business plan, including advice and resources for how to write and conduct each section of your business plan.

Leadership

6 Effective Tactics for Handling a Toxic Boss

Salvaging your dignity from an abusive boss is a job all its own.

Marketing

7 Innovative Marketing Ideas That Will Help Your Brand Stand Out This Holiday Season

These seven creative holiday marketing strategies can help your business stand out from competitors, connect with audiences and make a real impact.

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.

Leadership

How Personality Types Can Help You Identify Employee Strengths and Boost Team Performance

Here's how leaders can unlock their team's potential by understanding and leveraging personality types to align individual strengths with roles that foster productivity, collaboration and engagement.