Many entrepreneurs dive headfirst into their business ventures, fueled by passion and the desire to be their own boss. However, a crucial distinction often eludes them: the difference between owning and merely working in a company versus owning and working on a business. This oversight can hinder growth and limit an entrepreneur’s ability to explore new opportunities. Enter Tyler Lee Hess, a shining example of someone who recognized this distinction early on and leveraged it to achieve remarkable success.
For Hess, understanding the importance of working on his business became the catalyst for his entrepreneurial journey. By implementing effective processes and procedures, he built a capable team that allowed him to step away and pursue other ventures. His ability to turn passions into profits while continuously expanding his business horizons is an inspiration to anyone looking to follow their own path in life.
Almost two decades ago, Hess embarked on his first business venture in the construction industry, specializing in concrete coatings. This initial foray laid the foundation for his future success. Building upon his experience, Hess explored vertical integration, strategically acquiring and integrating other companies into his portfolio. This led to the birth of a garage cabinet company and a closet company, further expanding his reach and influence.
Not content with limiting himself to a single industry, Hess ventured into the fitness world by delving into the gym business. Applying the same growth mindset and commitment to excellence, he dedicated a decade to nurturing this endeavor. His hard work paid off when he eventually owned the business’ real estate and boasted nearly 20,000 members. Recognizing an opportunity, Hess sold the gym to a capital group, reaping the rewards of his dedication and vision.
Amidst his various pursuits, Hess’s true passion lay in real estate. After flipping houses and investing in rentals, it was land development that truly captured his heart. Fueled by his unwavering love for this industry, Hess embarked on the journey of developing land, building ten subdivisions at different stages of progress. To support this ambitious undertaking, he assembled a top-notch team that seamlessly integrates into his business, enabling the construction of homes, providing financing options, and engaging in private equity ventures.
This impressive snapshot only scratches the surface of Hess’s entrepreneurial empire. Beyond his professional pursuits, Hess cherishes his roles as a devoted husband and father to three boys who share his passion for sports. Balancing his many responsibilities, he serves as the CEO of Silverline Systems, where he spearheads growth and strategic direction. As a developer at Hess Properties, Idaho, he continues to shape the landscape of his beloved community. Moreover, he remains the founder of Sawtooth Sports, a testament to his unwavering commitment to nurturing his passions.
Tyler Lee Hess embodies the spirit of an entrepreneur. His ability to build teams, delegate responsibilities, and pursue diverse passions has become the cornerstone of his success. As he continues to navigate the dynamic world of entrepreneurship, Hess’s story serves as an inspiration to aspiring business owners. By daring to dream big, following their passions, and embracing new challenges, they, too, can transform their entrepreneurial ambitions into a flourishing portfolio of profitable ventures.