Charged Up An electrical engineer realized his dreams in the land of opportunity.

By Sara Wilson

Opinions expressed by BIZ Experiences contributors are their own.

Oleg Nikishin, 44, owns his own house in Warrington, Pennsylvania, runs his own business and is living what many would call the American Dream. Originally from Russia, Nikishin had been in the merchant marines just long enough to catch a glimpse of the U.S. and know that it was in his future. "After seeing another world and the opportunity," says Nikishin, "I wanted to emigrate." So, determined to get educated before leaving his homeland, he obtained a degree in electrical engineering and moved to the U.S. in 1990 at the age of 29.

By 2003, Nikishin had spent more than a decade learning American business by working various electrical engineering jobs and even running his own computer retail store, but he was still searching for the right business to start. That's when he came across electrical-service franchise Mr. Electric. He was attracted to the fact that the industry fit his background and was trend-proof and recession-proof.

Despite his background in the field, Nikishin found it challenging opening his franchise in a territory that was more than 100 miles away from his home. He credits the support offered by the franchise company with helping him through that first year. Now Nikishin and his three employees are busy serving primarily commercial clients, and he recently purchased a second territory: Montgomery County. He is about a quarter of the way to realizing his goal of reaching $1 million in annual sales by 2008. His key to success? Never lose sight of the vision. "If people just want the quick buck, this is not the business for that," says Nikishin. "They have to have the vision and make sure they go for it."

Want to be an BIZ Experiences Leadership Network contributor? Apply now to join.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for BIZ Experiencess to pursue in 2025.

Science & Technology

OpenAI's Latest Move Is a Game Changer — Here's How Smart Solopreneurs Are Turning It Into Profit

OpenAI's latest AI tool acts like a full-time assistant, helping solopreneurs save time, find leads and grow their business without hiring.

Social Media

How To Start a Youtube Channel: Step-by-Step Guide

YouTube can be a valuable way to grow your audience. If you're ready to create content, read more about starting a business YouTube Channel.

Money & Finance

These Are the Expected Retirement Ages By Generation, From Gen Z to Boomers — and the Average Savings Anticipated. How Do Yours Compare?

Many Americans say inflation prevents them from saving enough and fear they won't reach their financial goals.

Starting a Business

I Built a $20 Million Company by Age 22 While Still in College. Here's How I Did It and What I Learned Along the Way.

Wealth-building in your early twenties isn't about playing it safe; it's about exploiting the one time in life when having nothing to lose gives you everything to gain.

Business Solutions

Boost Team Productivity and Security With Windows 11 Pro, Now $15 for Life

Ideal for BIZ Experiencess and small-business owners who are looking to streamline their PC setup.