With patience comes knowledge, better outcomes and the opportunity to live in the moment.
Michael Candelario was born in Homestead Florida but spent most of his childhood in Temecula California and San Juan Puerto Rico where is parents resided. Oldest of five brothers, Michael had a natural ability to lead, teach and strive for the very best without the slightest thought of settling for “good enough”. No one had to ask Michael to pick up a book for his better good or redirect him in education’s path. Gaining knowledge and wisdom is something that has been and always will be his passion. Michael graduated from California State University Bakersfield with his MBA shortly before being informed that his brother would be deployed to Iraq. Not only is Michael a self-starter and success driven individual, but he is also a dedicated family man who will put his needs aside for the sake of his loved ones. Being the oldest of his brothers he felt it was his natural and most important duty to watch over them and he couldn’t stomach the thought of his baby brother being in another country without his protection. He joined the U.S. Marines immediately once given the news of his brother’s upcoming deployment and served side by side with him for 2 years in Iraq. After returning from war he hit the ground running on his entrepreneur career path.
His first success was his position with Compass Healthcare Group as The Director of Operations. He loved the fast pace and constant evolving surroundings of the healthcare field but decided to think outside of the box with medical care and began investing his time and energy into the cannabis industry. He is now the owner and founder of Original Goods LLC which has already broke ground with its innovations in creating the purest and most consistent cannabis medications. Michael’s major concern and focus at this point in his life is to educate the world with the benefits and healing power of cannabis. He wants the negative stigma of marijuana to fade away and be replaced with the scientifically proven facts of its medical treatment abilities.
Where did the idea for your company come from?
Original Goods LLC came from the fact that cannabis is a naturally grown plant that has more harmless yet beneficial qualities then most opioids with almost no risks in its consumption when taken responsibly. It is naturally “good” with no need of man manipulation. Other medications like Vicodin and Percocets are developed in a lab and carry extremely dangerous side effects including death by respiratory failure. Unlike Cannabis other pain medications tend to lead to tolerance which, in turn, creates a need for more and more of the drug to perform as it should. Nothing has to be done to cannabis to make it better than it is in its natural and “original” state. Therefor Original Goods LLC is simply explaining what will be delivered with its companies products.
What does your typical day look like and how do you make it productive?
The day usually starts at about 4:30 am with quiet time and a collection of thoughts. Tasks that need to be executed that day will naturally fall into line from top priority to items that need to wait until later for best results. The best time to re-evaluate yesterday’s outcome and make it better is with a fresh outlook first thing in the morning. Although yesterday was great there has to be a way to make today even better. For a day to be productive tasks have to be completed one at a time. Nothing will be accomplished with a single person trying to do multiple tasks at once. A good team of driven individuals is the way productivity is accomplished, not only with set tasks, but also with the ability to delegate properly when needed and team members who think quickly on their feet when plans take a turn. Open minds and a joy for improvement is the foundation for productivity.
How do you bring ideas to life?
The best way to bring an idea to life is to try it out. Ideas will only stay a thought if no action is taken to try those ideas on for size. The best thing about ideas is they don’t always work but you will learn from them either way. If one idea doesn’t work out as planed it will most likely push your thought process to an even better idea that would have not come into play without the first idea not panning out. Don’t be afraid to fail with an idea; sometimes failure can be the best thing that has happened to you as long as you don’t give up.
What’s one trend that excites you?
One thing that excites me is working as a team to accomplish something difficult and great. The accomplishment is always rewarding but it’s the climb to accomplishment with creative thinking and dedication that excites me. If a task or goal seems difficult then the climb to accomplishing that goal will be exciting.
What is one habit of yours that makes you more productive as an entrepreneur?
A habit of mine that I feel makes me more productive as an entrepreneur is my habit for learning something new daily. The new thing may be up and downward trends in the stock market, economic concerns, why my colleague chose that path instead of the other, why medical marijuana in different forms helps certain aliments or simply why my son views a subject in a different light then I do. I want to learn and I feel the information sought and gained on an everyday basis will come up again for my benefit in one way or another during my career and it has thus far.
What advice would you give your younger self?
I would advise my younger self to be more patient with myself and others. With patience comes knowledge, better outcomes and the opportunity to live in the moment. When we’re young sometimes we get so caught up in planning for our big future that we don’t enjoy the ride that gets us there.
Tell us something that’s true that almost nobody agrees with you on.
Something that is true that almost no one agrees with me on is my mindset in putting my all into an idea that may never pan out. I’ve had friends and family tell me throughout my life “how can you live your life on ifs?” I know that the willingness to go out on a limb for a big “IF” can pay off much better than a guaranteed yes. Not only do I know an “if” can financially reward you more than a guarantee of security, it can also fulfill your mental and spiritual state. I’ve experienced this and I believe it as true with an evidence base of my past “ifs” becoming reality.
As an entrepreneur, what is the one thing you do over and over and recommend everyone else do?
One thing I do over and over is rationalize through my emotions. To be a successful entrepreneur one must not make business decisions based on emotion. As hard as it may be in the moment of raw emotion (due to something not going as planned or not seeing eye to eye with a colleague) it will never do you or your business any good to react off impulse. I always step back and give myself time to think (at least 5 to 6 hours). Nine times out of ten my thoughts and outlook will calm and change when the emotion has faded.
What is one strategy that has helped you grow your business?
One strategy that has helped me grow my business is putting together the right team. It’s best as a leader to hire slow and fire quick. When I’m looking for the right fit for a position I will interview at least 15 to 20 candidates. The interview process is not quick but a drawn out series of meetings and days of observation with a 30 day action trial period. You cannot truly know what a person’s work ethic is with one or two interviews. You must see them in action and over a series of days to get the real person. Even if you have decided to hire the individual after the 30 day trial don’t be afraid to let them go if something is done to contradict the reason for their hire in the first place. The success of a company is only as strong as the work ethic of the least paid employee.
What is one failure you had as an entrepreneur, and how did you overcome it?
One failure I’ve had as an entrepreneur is giving doubt to my initial instinct on the character and loyalty of a potential business partnership. I had the gut feeling that these individuals didn’t really want to do legitimate business with a future of growth and success, but instead of trusting that feeling and moving on, I listened to advise that led me to waste valuable time with a partnership that led nowhere. This failure taught me to trust myself and, in turn, made me stronger and wiser so for that, I am grateful.
What is one business idea that you’re willing to give away to our readers?
A business idea that I’ve had and brought to life as a college student was becoming a landlord. I bought my first multifamily building with a carryback loan right out of high school. I used the tenant’s monthly payments to pay my mortgage and renovate the building slowly (unit by unit). Within a couple of years the building’s value had gone up substantially due to the market taking an upturn and the renovations. I was able to sell and make profit. Real estate is always a safe and profitable business idea when done carefully and strategically.
What is the best $100 you recently spent? What and why?
The best $100 I have recently spent was personal. I changed my families Christmas expectations and outlook due to it. Every year up to this point my kids have always had multiple presents under the tree and although they enjoyed watching them collect and build up during the month of December, I found that they only cherished one or two throughout the next year. They were becoming more caught up in who had more and bragging to their friends about how many they received then actually valuing the gift itself or the thought put into the gift. This year I told my two teenagers that they would only be allowed one gift this year and to make a list of three things they really wanted. They weren’t too excited about the change of course, but did as they were asked and made their list. Throughout most of December I would truly listen to what they talked about to each other and their friends and I was able to pinpoint which out of the list of three items they really valued. I purchased both gifts for a little over $100 and they were happy and have taken very good care of their special gift. Christmas become more of a time to smile, eat and be grateful then it was the following years. Sometimes less is more and whether they will admit it now or not they see it and it shows.
What is one piece of software or a web service that helps you be productive?
One piece of web service I catch myself using on a daily basis is your standard Google search on topics or terminology. If I don’t understand a term or topic with full confidence I will Google search it and educate myself with trusted websites in that search.
What is the one book that you recommend our community should read and why?
One book I would recommend that our community read rather religious or not is the Holy Bible. It is a book of history if nothing else. You cannot read it once, twice or even three times and truly grasp its messages. It has to be studied and meditated on. I as a believer have learned a lot about myself and the world around me due to its teachings. It is challenging and soothing all at the same time. It puts everything into prospective when days seem all over the place and unorganized.
What is your favorite quote?
“By failing to prepare, you are preparing to fail.” – Benjamin Franklin
• If you have an idea that excites you try it out.
• Trust your gut.
• Don’t be afraid to live off “ifs”.
• Take your time in bringing in key players, the right one is out there but not always the easiest to find.
• Always give yourself time to evaluate your emotions before acting on them
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