I accumulated 500 flight hours then took 10 years off of flying... ✈️

I recently got back into the air to renew several of my licenses.

Here are 5 lessons I have learned from getting current as a pilot.
#alwayslearning #entrepreneur

🧵
Number 1 with a bullet

If you have a passion, you MUST find time for it.

Be militant about carving out time in your schedule for the things that feed your soul.

I work aviation into my professional life, but if it was 100% pure hobby, I would still make an effort.
The childlike joy that I feel when participating in challenging/rewarding hobbies would be priceless if you could bottle and sell it.

As a workaholic myself, I have been happier and more productive since taking up flying again.

ncbi.nlm.nih.gov/pmc/articles/P…
Number 2 Pay as much as you can!

Sticker shock is real but you really do get what you pay for. A flight instructor charging $75 per hour is going to be more effective than one charging $50.
I paid for my initial training myself at a local flight school.

Then I moved on to Embry Riddle Aeronautical University in Daytona Beach, FL. Image
Finally I bought a 1953 Piper Tripacer to build time and get my commercial license from another local instructor. Image
Bottom line I have seen all forms of training and educational material.

Their is a training program suited for everyone, but generally as you pay more for training you get the following:

✅More comprehensive knowledge
✅A clearer path forward
✅Higher return on investment
Number 3 Reject Rote learning

Rote memorization is child play. This is what the public schooling system practices to get you through tests with a passing grade.

You should endeavor to understand the "why" so you can use logic to understand complex topics.
Number 4 Tailor your network

Make an effort to build a friend group around each subject you are pasisonate about.

I do this in business, aviation, and even car collecting.

You will only get better by surrounding yourself with equally passionate people.
Number 5 Know what is "good enough"

Don't let great be the enemy of good.

It is easy to be overwhelmed by what you don't know. Combat this by getting clear on what you NEED to know and then get going.

You can (and should) continue to learn but you have to start somewhere.
I think these lessons can be applied to learning anything.

1. Find time for your passions
2. Pay for great education
3. Strive for contextual learning
4. Find a value-added network
5. Don't let great be the enemy of good
If you have your own hobbies or outlets from everyday life, please put them in the comments!

Follow me as I buy businesses and learn as I go. I also talk aviation and will talk Formula 1 for hours...

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More from @jacubwilliamson

Oct 31
The process of valuing small-medium business may be broken

Here's how I bridged the gap between a seller and myself recently.

THREAD 🧵 ... Maybe too long... 😂
CONTEXT... 📚

I happened upon an events based business that provides custom fabrication work for large scale corporate activations and festivals.

Since my first business is in the hospitality space, I dug in....
PROS:
✅Rev = $3 mil + for the last 5 years
✅22% EBITDA margins
✅GM in place
✅30 years in business
✅Owner retiring and wants to travel
Read 23 tweets

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