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Mike Kawula of SelfEmployedKing.com
Mike comes to us from SelfEmployedKing.com where he helps
Service & Home Based Business Owners Get More Customers,
Increase Sales & Earn More Money.
Mike has an AWESOME Mastermind Group and he teaches 16 simple Marketing Strategies to experience business growth in 12 Month.
Always an Entrepreneur?
Michael: “I bought my first stock at 9 years old and that was ToysRus, ticker “toy”. I did that from savings from shoveling snow to my lemonade stand – I had a super duper lemonade stand. I sold the morning newspaper, bagels, coffee. I had a regular crowd and I put it next to the bus stop.”
Graduating college and working as a stock broker until….
“I remember the day exactly, it was 9-10-2001, the day before 9/11. And I found out I was having my first child. And my wife and I decided at that time that I was going to head out and start my own business. And that’s when it all started. I just turned 30 and you know I bought my first franchise and since then I’ve owned two franchises, started an online business and you have sold them and now focused on Self-Employed King where I help small business increase their sales. So it’s a lot of fun. It’s been a heck of a journey.”
The Franchise of Franchises
Starting out in the franchise world, Mike considered a lot of businesses… “I looked at a car wash, or batting cage facility, a bagel shop, I mean, I was looking at everything. And I had so many problems trying to buy a business that I ended up looking at franchising and I found this franchise that you could walk people through a methodical process and basically help them buy a franchise. So it’s a franchise helping people buy franchises.”
Being able to see several business models at work and choosing what would be best for him in the long run
Still Trading Hours for Dollars
“But it was one of those things that you were trading time for money basically. I had to be working in a — and if I want to walk away, I wouldn’t be able to because you couldn’t annuitize that type business.”
“I kept looking and looking and eventually I saw that the cleaning business kind of matched my goals and objectives which was to build it up, put managers in a place and at that time I thought I’d be able to kind of step away from it and let managers run it.”
Running on Autopilot?
“But three years into it, when I started doing that I learned that it wasn’t as easy as I thought it would be.
I built it up to a seven-figure business. But as I stepped away, each year like 2009, 2010, 2011, the sales started to drop and the quality of my company, the name that I had in the local area at the Jersey shore, wasn’t the same as it was when I had started it because, managers just would never give it the same 100% as you would as an owner.”