Entrepreneurial Excellence Podcast
Sep 10, 2026 · 1 hr · 12 segments
Alicia Williams knows that running a business sometimes means making decisions people may not like. After years in HR and mental health, and now running three businesses at once, she has learned how…
Alicia WilliamsGuestAdamHostI want to talk a little bit about being an entrepreneur overall and like, you know, you're, you're sort of an entrepreneur who's like built in categories that you're not necessarily like the expert in.
Right.
You sort of gone in and done that.
What do you tell people when they decide, like, I'm going to go build in an industry that they're not like, that sounds crazy in some ways to go be like, I'm going to go.
Yeah.
If I was like, I'm going to go start a restaurant, I hope people around me might say, Adam, that's kind of crazy.
Don't go do that.
You have no idea what it's like to run a, you know, you don't wake up at 4am to go start preparing food for the day.
Like, that's not you.
So what are you thinking? You're crazy.
Like, what do you tell people about why they should go do that? Or maybe why they shouldn't?
even decide to go into that space? That's a fair point.
Certainly hire experts.
So that increases your costs, right? Now not only do you need to do all the rest of the things to build a business, you also have to hire experts.
And how do you decide what industry to go into if that's the case?

Well, let's go back to that increases your costs, right? You're going to pay in time or you're going to pay in money.

The reason for your iron experts is to lessen the amount of time it takes to start making the money.

You know what I mean? So essentially you could be saving just depending on how you look at it.
That's a really good point.
A lot of people actually tell me, I think a lot of people forget, they think their time is free and they don't realize they need to invest.
You need to invest in all your money, but also your time, certainly in the correct things.
And if you're investing your time in things that you're not good at, what's bad, you need to go invest in experts.
I want to talk a little bit about being an entrepreneur overall and like, you know, you're, you're sort of an entrepreneur who's like built in categories that you're not necessarily like the expert in.
Right.
You sort of gone in and done that.
What do you tell people when they decide, like, I'm going to go build in an industry that they're not like, that sounds crazy in some ways to go be like, I'm going to go.
Yeah.
If I was like, I'm going to go start a restaurant, I hope people around me might say, Adam, that's kind of crazy.
Don't go do that.
You have no idea what it's like to run a, you know, you don't wake up at 4am to go start preparing food for the day.
Like, that's not you.
So what are you thinking? You're crazy.
Like, what do you tell people about why they should go do that? Or maybe why they shouldn't?
even decide to go into that space? That's a fair point.
Certainly hire experts.
So that increases your costs, right? Now not only do you need to do all the rest of the things to build a business, you also have to hire experts.
And how do you decide what industry to go into if that's the case?

Well, let's go back to that increases your costs, right? You're going to pay in time or you're going to pay in money.

The reason for your iron experts is to lessen the amount of time it takes to start making the money.

You know what I mean? So essentially you could be saving just depending on how you look at it.
That's a really good point.
A lot of people actually tell me, I think a lot of people forget, they think their time is free and they don't realize they need to invest.
You need to invest in all your money, but also your time, certainly in the correct things.
And if you're investing your time in things that you're not good at, what's bad, you need to go invest in experts.
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