A Business Owner's Guide to Achieving Freedom Day with Jeff Kikel

[00:01 - 11:35] Achieving Financial Independence and Predictable Sources of Income

• Jeff Kikel on his backstory in the financial industry and his entrepreneurial journey
• Defining what it means to achieve Freedom Day for a business owner
• Why business owners should pay themselves and not just their staff
• Have a vision of having other streams of income within your business

[11:36 - 18:48] Jeff Kikel's Tips for Small Business Success

• Extracting oneself from the business is tough, but necessary.
• Having clear KPIs is essential to success 
• Jeff shares his entrepreneurial challenge: Not watching financials closely enough

[18:49 - 22:54] A Step-by-Step Guide to Freedom Day

• Sit down and write out a budget to understand what you spend
• Lay out your debt and find ways to improve your financial situation
• Unsubscribe from unnecessary subscriptions using https://www.rocketmoney.com/
• Generate additional income and apply to debt and savings

[22:55 - 24:10] Closing Segment

• Reach out to Jeff Kikel!

Connect with Jeff through his email [email protected]. You can also reach him through LinkedIn https://www.linkedin.com/in/jeffkikel/. 

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Tweetable Quotes
 

 “Freedom Day is looking at not only creating a business, but also looking at other ways that you can create income streams within that business.” - Jeff Kikel

“You have got to be able to extract yourself from the business. It's always tough as an entrepreneur to do that. You have to be able to step back and say, okay, there are people that can run this business better than I do.” - Jeff Kikel