Step 2: Remove that Blotch!
You've probably figured out the rest by now!
But if you're need some help piecing it together, don't worry! That's why I'm here.
Heat your iron to an appropriate setting for the fibers of your carpet.
If you're in an industrial space, it's probably got a lot of polyester or plastic or some such thing in it, and the highest setting is going to melt those fibers! (Don't worry Eric, I totally didn't do that . . . It's fine. Really. Just trust me!) So set it as high as it can go without doing more damage!
Place your paper towel over the offending stain, and apply the iron to the towel. Let it sit for a few seconds, and check out the towel. If you've got a bunch of wax marks on the towel already, reposition it.
Repeat these steps until all of the wax has been absorbed by your paper towel.