The Principled Entrepreneur

What happens when a small-town Chamber of Commerce CEO cold-calls Olive Garden corporate? In Russellville, Arkansas, it sparked a $4.5 million development that's now attracting Academy Sports, national restaurant chains, and turning heads across the state.

- How Megan Selman used retail "leakage data" to pitch national brands on Russellville
- Why Arkansas jumped from #18 to #12 in best states for business
- The "gut instinct" approach Eric Bowen uses to evaluate markets (and why it works)
- How manufacturing job growth drives retail development (the domino effect)
- Why Arkansas's 5.2% GDP growth leads the nation
- The power of getting city leadership, developers, and utilities in the same room

Key Insight: "Success happens when you get outside your comfort zone. You can't scale if you're not willing to take risks." - Eric Bowen

s:
- Megan Selman is CEO of the Russellville Chamber of Commerce, driving economic development in Arkansas's River Valley region
- Eric Bowen is founder of Bowen Kemp, Darden Restaurants' largest preferred developer in the country, building Olive Gardens, Longhorns, and more across multiple states

- Russellville Chamber of Commerce
- Bowen Kemp Construction

Timestamps:
00:00 - Introduction - Meet Megan Selman & Eric Bowen
00:55 - Eric's Background: Real Estate to Construction
02:30 - Starting in the 2008 Recession: "Best Time to Learn"
03:00 - The Main Street Story: Why Not Near the Interstate?
04:00 - Megan Cold-Calls Olive Garden Corporate
05:00 - Eric's "Wing It" Approach to Site Selection
08:15 - Learning Different Working Styles
09:00 - Understanding Retail Leakage Data
10:00 - The Academy Sports Decision
11:15 - How the Olive Garden + Academy Deal Came Together
12:15 - Darden Restaurants: 15 Brands Under One Roof
13:00 - "I'm Their Cowboy" - Eric's Role with Darden
16:10 - Arkansas's Business-Friendly Environment
16:45 - Arkansas: #1 Most Moved-To State
17:00 - From #18 to #12 in Best States for Business
22:30 - Manufacturing Drives Retail: The Domino Effect
24:00 - Russellville as the Manufacturing Hub
35:00 - John Maxwell Quote: "Do You Want to Do What I Did?"
36:00 - Getting Out of Your Comfort Zone
36:05 - From Broker to Largest Preferred Developer
43:55 - The Power of Getting Everyone in the Same Room
45:00 - Megan's Ability to Pull People Together
53:45 - Don's 17 Years of Economic Development Experience
54:50 - Closing Remarks & Takeaways

What is The Principled Entrepreneur?

The Principled Entrepreneur is where real entrepreneurs share the principles, values, and grit that carried them through the toughest seasons to their greatest successes. Hosted by husband-and-wife team Caleb and Jodi Moore, we uncover authentic, relatable stories that prove you’re not stuck and you’re not alone. Whether you’re in a body shop, behind a desk, or chasing a dream, each episode will fuel your hope, strengthen your grit, and remind you to keep going — no matter what.