Interested in starting your own entrepreneurial journey in financial service but unsure what to expect? Then read up on our interview with Jeff Kikel, Chief Crosser Offer of Freedom Day Wealth Management LLC, located in Cedar Park, TX, USA.
What's your business, and who are your customers?
My business is helping successful professionals and business owners achieve a work-optional lifestyle in 10 years or less.
Tell us about yourself
For over 17 years, I was an employee in the financial services space. I helped others plan their retirement and realized after many years that the standard advice of putting money into 401ks and IRAs at single-digit returns was not helping people to retire. Six years ago, I began an entrepreneurial journey that led to my financial and time freedom in 5 years. This journey has included founding 5 businesses and selling two of those for over 7 figures. Over that time, I also began to convert some of my old retirement assets into real estate and other higher-return vehicles. Now I teach others through my upcoming book Freedom Day: Quit the Job You Hate, Live the Life You Love, and my online courses. I also work with a select small group of clients.
What's your biggest accomplishment as a business owner?
Building 5 successful businesses from scratch and being able to sell two of them for over 7 figures.
What's one of the hardest things that come with being a business owner?
Getting through the first 18-24 months of the business when you are making no money and struggling to get customers.
What are the top tips you'd give to anyone looking to start, run and grow a business today?
- Start with a Plan...then cut in half what you think you will make and double your costs. If the plan still works, go ahead.
- Don't quit until the plan breaks and you cannot fix it.
- Never forget the story of the chicken and the pig. When it comes to breakfast, which one is more committed?
Where can people find you and your business?
Website: https://www.freedomdaywealth.com/
Facebook: https://www.facebook.com/jeff.kikel
Instagram: https://www.instagram.com/jeffkikel/
Twitter: https://twitter.com/JeffKikel
LinkedIn: https://www.linkedin.com/in/jeffkikel/
If you like what you've read here and have your own story as a solo or small business entrepreneur that you'd like to share, then please answer these interview questions. We'd love to feature your journey on these pages.
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