Anyone who inherits a successful family business knows it’s tough to live up to, or stand out from, beloved parents or grandparents.
So imagine being David Wellstone. He’s a businessman who wants to help people, but he is not allergic to making a profit. People can’t resist comparisons to his near-sainted parents, the late Sen. Paul Wellstone and Sheila Wellstone, who were tragically killed in a plane crash two weeks before the 2002 election at the height of their progressive political power.
David Wellstone rejected his father’s advice to become a teacher and instead went into business, farming and selling real estate. His father eventually told him he “was probably gonna have more money than the rest of us,” he recalled.
“The legacy I want to leave is not just a great guy, but a good businessperson,” Wellstone, who is now 60, told me recently.
Since 2002, he at times acted as an advocate for one of his father’s signature legislative ideas — extending insurance benefits to patients with mental health problems. Last fall, he began to restore an old green bus his father used to campaign around the state in the 1990s — with an eye toward using it for his current business.
Over the last seven years, Wellstone built Pathfinder Solutions that created a technology platform for people in recovery and the clinics and practitioners who serve them. Recently, Pathfinder opened a physical office called Pathfinder Care in Ramsey, a fast-growing northern exurb of the Twin Cities with unmet demand for addiction recovery and other mental health services.
He’s raised more than $12 million from investors who he said understand the business produces outcomes besides those measured in dollars.
“We haven’t had people trying to force me to make certain returns, which often ends up badly,” Wellstone said. “I tell them, ‘You are going to impact lives and make money. We’re not going to make a bunch of money and hope to impact lives.’ That’s why we’re successful, because it’s just a touch different.”