By Pamela Chow

Tyrone Meredith initiated his journey into entrepreneurship with his company after accumulating a decade of experience in the HVAC industry. Motivated by his extensive knowledge, he pursued and successfully passed the State Contractors exam. Following this achievement, Tyrone strategically developed the brand identity for his venture, Tyrone A/C & Heating Inc. With meticulous attention to detail, he navigated the incorporation process, establishing a solid foundation for his business. Equipped with determination and essential resources, including a truck, Tyrone entered the realm of entrepreneurship.

Tyrone shares a bit about his journey.

How did you hear about EGBI?

I found EGBI by contacting the City of Austin Small Business  Development Office. I called looking for a business mentor and they referred me to EGBI.

How has EGBI helped you?

EGBI helped me to build the confidence to market myself and also believe in my vision. They coached me and recommended a host of individuals to assist with advertising and marketing. They introduced me to Mayor Kirk Watson among other people. This gave me the confidence I needed to know that “I am enough as I am and the sky’s the limit.” The lunch engagements helped me become more outgoing and overcome my fear of rejection. My world is truly as I make it.

What are you working on now?

Currently, I’m focused on expanding the reach of my company’s services through marketing initiatives. By attracting more customers with their HVAC needs, I aim to increase our revenue and solidify our position in the market.

If you were to start all over again, what would you do differently?

Looking back, I would prioritize allocating more resources towards advertising from the start, rather than waiting a decade to do so. Additionally, I’d make proactive investments in retirement planning to secure my financial future more effectively.

What inspired you to become an entrepreneur?

Have a better quality of life and to have more control of my personal time as a whole.

Where do you see yourself in five years?

 I envision myself making smarter investments and expanding my team by hiring at least one additional full-time technician. Furthermore, I aim to elevate our brand visibility by increasing our advertising budget by $10,000.

What’s your biggest challenge?

My greatest challenge lies in finding the right individuals who can complement my skills and knowledge where they fall short.

What’s the best piece of advice you received?

The good thing about success it, it is in your hands. And the bad thing about success is, it is in your hands!!!

What advice would you give someone starting their own business?

Embrace the discipline required for success, and you’ll spare yourself the anguish of regret down the road.

Find the Spanish version here.