Hidden Gems: Meet Todd Wellons of WTW Construction

In addition, I have a passion for real estate, because it has 100% changed my life. I love helping customers enhance their financial position by building equity in their property and/or building a source of rental income on their property. A great way to do both of these things is by building a Detached Accessory Dwelling Unit or “DADU” in their backyard.

A DADU is a phenomenal wealth-building tool, because it adds significant property value ($300k+), and also provides a source of rental income to offset mortgage costs. Further, it offers the ability to host family and guests outside of your own house. It’s a no-brainer!

Is there any advice you’d like to share with our readers who might just be starting out?
Just get started and work hard at it. If it is something you’re passionate about, you will want to work hard. I’ve been fortunate to meet a number of mentors ahead of me on their entrepreneurial journeys, and I can say without a single exception, all of them work extremely hard.

There’s no shortcut to success, and once you realize that the journey becomes a lot more fun. You won’t know all the answers when you start, but start anyway. Be laser-focused and be a finisher. Don’t get distracted by what others are doing, especially on social media. You are running your own race.

I think it was the legendary investor Ray Dalio who said, “If you don’t look back on yourself and think, ‘Wow, how stupid I was a year ago,’ then you must not have learned much in the last year.” My goal is to get to the end of every year and be able to laugh about how stupid I was a year prior because that means I’m growing. I optimize my projects for the amount of learning they will reward, not just for financial rewards.

Speaking of rewards: financial success and being passionate about your work are two metrics of success. I also derive great satisfaction from the relationships I get to build as my business journey progresses. It’s truly a people business.

The amount of lives impacted by just one project is substantial: the customer or buyer, business partners, architects, surveyors, engineers, lenders, designers, subcontractors, material suppliers, real estate agents, attorneys, CPAs, building codes officials, utility officials, delivery drivers, neighbors, etc. Each project is a collaboration with dozens of people, and I really value the opportunity to grow relationships with all of these different people on each project.

Lastly, I am a big proponent of writing down your future goals. Back in 2021, I read a book called Vivid Vision, by Cameron Herold. I followed the author’s instructions and created a detailed plan of what I wanted the next 3 years to look like. Interestingly enough, the 3-year mark is May 2024. The object of the book is to create stretch goals that seem impossibly hard to achieve at one’s current level of knowledge. Most of the goals were business-related, and I’m proud to say I have achieved them.

More importantly, I wrote down specific characteristics and values I wanted in a life partner, and wouldn’t you know it, my now-wife Dana entered my life just a few months later. It sounds a bit woo-woo, but that’s all the proof I need that there’s real value in writing down what you want in life. Somehow the stars seem to align to help those desires become reality.