OLIVE BRANCH, Mississippi — No doubt, Timothy T. Wright has lived long enough to experience failure.
So much, in fact, that no one has to remind him of it.
A former multi-sport high school athlete and ex-college football standout, Wright is chief executive officer of the Timothy Wright Group in which he oversees his Farmers Insurance Agency, located at 2506 Mount Moriah Road, Suite B404.
For someone who admittedly dislikes sales, Wright, to his credit, has grasped a thorough understanding of what it means to serve people, particularly as an established entrepreneur.
Given how he has gone about becoming acclimated as a businessman, it’s safe to assume that Wright has shown no signs of slowing down any time soon.
Thanks, of course, in large part to his keen ability to weather the toughest of life’s obstacles that came his way.
“I have been very successful in business, but it has not been without a lot of failure,” Wright told MemphiSport during a recent interview. “I have failed, failed, and failed…which has made me successful. Failure is not an option in our household.”
To get a thorough indication of why Wright’s reputation in corporate America is such that his primary objective to achieve entrepreneurial excellence, look no further than his past success as an athlete.
A former Olive Branch High multi-sport star, Wright was a force for the Conquistadors as a football standout, having garnered all conference, all county, and all district honors. By and large, his success on the gridiron ultimately gave way to an assortment of accolades in track and field, where Wright was named among the Top 10 athletes in Mississippi (discus).
Consequently, his immense skills as an athlete did not go unnoticed by college scouts and recruiters, considering Wright was pursued heavily by an array of Mid-South schools before electing to play football for then-perennial national power Northwest Mississippi Community College where, as team captain for a game, he continued to be as good as advertised.
Having been re-recruited by a number of major and mid-major Division I colleges, Wright ultimately signed a national letter of intent to finish out his college eligibility at Tennessee-Martin, where he generated All-Ohio Valley Conference honors.
So efficient was Wright as a college football standout that he was faced with the option of extending his football at the professional level. But as Wright tells it, God had other plans, a life-enhancing strategy about which it seems he has fully embraced, especially given the success he’s enjoying as a longtime entrepreneur.
“I have played sports from the seventh grade to the completion of college with the option to play on a professional level,” Wright said. “But God did not have that in His plan for me physically at the time in life.”
Still, failure wasn’t option for Wright.
Years removed from having graduated from UT-Martin with Bachelor of Science degree in Business Administration, Wright advanced his education, having enrolled at the American College for a number of years, a stint that ultimately allowed him to acquire the equivalent to a Master’s degree in my profession.
Add to the fact that Wright is armed with more than 20 years of finance, mortgage, stocks, management, and entrepreneurship experience, let alone an equivalent of a doctoral degree in business, and it’s no wonder why this former football star has managed to savor just as much success in the corporate world.
“I am very competitive and always looking to improve,” said Wright, explaining how his competitive drive as an athlete fueled his desire to thrive as an entrepreneur. “My staff is set with teammates and not employees. I am always reading books to learn more about self-development. I listen to some of the greatest minds of my times each day like Tony Robbins, Jim Rohn, Zig Ziglar, Les Brown, Robert Kiyosaki, Darren Hardy and etc. I am so competitive that when it’s the four quarter in a game, life, or business, I get stronger and work harder. When I am told that I cannot do something, I work harder.”
Currently, Wright manages what he describes as a “family and friendly” based” Farmers Insurance agency in Memphis, with a satellite office set to open in nearby Jackson, Tennessee. Also, plans are underway to erect a full service Farmers Insurance facility in Brentwood, Tennessee, a project that is scheduled to be complete by the end of this summer.
In addition, Wright and his staff have become fixtures, particularly as it relates to being a viable presence in the community.
“We are continually involved in the community and charity events,” Wright said. “We enjoy teaching programs like Dave Ramsey Financial Peace University to different groups.”
And, given the continuous success he has enjoyed since making the lofty transition from the gridiron to the world of entrepreneurial ship, it seems that even nowadays, Wright has adopted a newfound admiration for sales.
Thanks, of course, in large part to solid and longstanding support of Lachanda, his wife of 12 years.
“What I like most about business is that I can help people and tell him what most people or business people will not share with them because I follow God’s principles first,” Wright explained. “I get to build with my family and for my family. I do not have the pressure of meeting someone’s bottom line and pushing what I do not like of believe in chasing the almighty dollar. “I have shared 12 wonderful years with Lachanda without arguing thus far and take that same approach with my clients. What I like mostly about business is that I can help people and tell him what most people or business people will not share with them because I follow God’s principles first. I get to build with my family and for my family. I do not have the pressure of meeting someone’s bottom line and pushing what I do not like or believe in chasing the almighty dollar.”
Among the reasons is that Wright has lived long to experience failure.
So much, in fact, that no one has had to remind him of it.
EDITOR’S NOTE: For more information about Timothy Wright and the Timothy Wright Group, call 901-244-7788 office number. Also, check out his website at: www.farmersagent.com/twright2 firstname.lastname@example.org.
Andre Johnson is a senior writer for MemphiSport. Based in Dallas, Texas, Johnson covers the NBA Southwest Division. To reach Johnson, send an email to email@example.com. Also, follow him on Twitter @AJ_Journalist.