The ROLE of FAITH and SUPPORT in Business Ventures with Richard Powell

Speaking Sessions

Discover the power of turning a lifelong passion into a thriving business with Richard, the founder of Powell Fabrication. From learning welding as a 12-year-old on a farm to overcoming countless entrepreneurial challenges, Richard’s journey is fuelled by resilience, faith, and strong support. Hear how early influences and a pivotal job opportunity set the foundation for his successful fabrication business in Northwest Arkansas.
Richard shares insights into launching a welding business in a small town, the importance of a supportive partner, and his approach to mentoring employees through hands-on experience. Whether you’re pursuing financial freedom or nurturing talent within your team, Richard’s story is a testament to the rewards of perseverance and commitment in the entrepreneurial world.
NOTABLE QUOTES
"I'm a very big person on ‘it's my way or no way.’ I've grown out of that now thankfully." – Richard
"No matter if you're one year or 20 years into the business, there's always these levels of difficulty." – Philip
"I feel very bad for a lot of those people who don't have [the] companion like I do." – Richard
"It's a joint decision because we know if it makes us better, it was because we both wanted it, and if it makes us fail, it's because we both wanted it." – Richard
"It's our money rather than that's my money, that's your money." – Philip
"I hate for those couples who value everything off of dollars." – Richard
"Ninety percent plus of all her problems come down to a lack of communication." – Philip
"There's only two ways of doing it–you're either going to succeed or you're going to learn lessons." – Richard
"I like to help that underdog or that person that's really kind of overlooked a lot of times because that's how I've always felt all my life like I was always overlooked for that opportunity and I had to find ways to create that or just go about doing it myself." – Philip
"I get a good enjoyment out of seeing other people succeed." – Richard
"My dad always used to preach hard that, “I can give you all the lessons to life, but if you don't fall on your face, you're not going to learn anything.’" – Richard
"Most people are only going to screw up so many times before they get it right." – Richard
"Wouldn't you rather do only 10% of the work, like going back and checking, and maybe you do a thing or two here versus 100% of it?" – Philip
"He was teaching me just as much as I was teaching him." – Richard
"Good salary is always nice, but the culture, to me, is what keeps people within a company." – Philip
RESOURCES
Richard
Website: https://www.pfnwa.com
Facebook: https://www.facebook.com/profile.php?id=100087184264148
YouTube: https://www.youtube.com/@powellfab.3357
Philip
Digital Course: https://www.speakingsessions.com/digital-course
Instagram: https://www.instagram.com/iamphilipsessions/?hl=en
TikTok: https://www.tiktok.com/@philipsessions
Linkedin: https://www.linkedin.com/in/philip-sessions-b2986563/
Facebook: https://www.facebook.com/therealphilipsessions

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Κεφάλαια

1. Richard's background and personal info (00:00:00)

2. Faith’s role in facing business challenges (00:05:29)

3. Securing spouse’s support (00:10:15)

4. Finance in relationships (00:16:41)

5. Communication essentials for business success (00:24:18)

6. Mentoring inexperienced team members (00:28:08)

7. “Baptism by fire” training (00:34:11)

8. Delegation mindset (00:39:33)

9. What’s next? (00:43:42)

10. How to connect with Richard (00:45:23)