Tag: Coach

Unlocking Financial Freedom: The Side Hustle Revolution with Mike Kavanagh (Episode 17)

Unlocking Financial Freedom: The Side Hustle Revolution with Mike Kavanagh (Episode 17)

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Summary: In this episode of Wealth on the Move, host Will Hoffman and guest Mike Kavanagh discuss the concept of Financial Independence and the role of side hustles in achieving it. Mike shares his journey from corporate consulting to coaching, emphasizing the importance of side hustles for individuals feeling stuck in their careers. They explore how the current economy offers unprecedented opportunities for creating multiple income streams, which can enhance financial security and personal fulfillment. The conversation highlights the transformative power of side hustles in diversifying income and boosting confidence in both personal and professional realms. In this conversation, Will Hoffman and Michael Kavanagh explore the transformative power of side hustles and multiple income streams. They discuss how diversifying income can boost confidence and change one’s relationship with work. The conversation delves into popular side hustles in 2025, the importance of content creation, and the challenges of balancing family life with entrepreneurial pursuits. They also touch on the emotional and logical aspects of transitioning from a side hustle to a full-time career, emphasizing the significance of finding purpose in one’s work.

Resources:

Takeaways:

  • Side hustles can accelerate your path to financial independence.
  • Many people feel stuck in their careers and seek fulfillment.
  • The internet has made it easier to start side businesses.
  • Multiple income streams can diversify financial risk.
  • Side hustles can provide a sense of identity beyond a job.
  • You can start a side hustle without quitting your job.
  • Younger generations have more opportunities for income creation.
  • Confidence can grow from having multiple income sources.
  • Side hustles can be passion projects that generate income.
  • The balance between a main career and side hustle can be beneficial.
  • Diversified income streams boost confidence and resilience.
  • Side hustles can change one’s identity and outlook on work.
  • Content creation is an untapped opportunity for many small businesses.
  • Balancing family and side hustles requires effective time management.
  • Transitioning to full-time entrepreneurship is a personal decision.
  • Finding purpose in work is crucial for long-term success.
  • The journey of a side hustle can lead to unexpected growth.
  • People often underestimate their ability to manage time effectively.
  • Starting with passion can lead to profitable side hustles.
  • Success is a personal and evolving concept.

Connect with Will Hoffman: 

Connect with Mike Kavanagh:

 

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How to Navigate the Founders Exit Paradox with Jerome Myers (Ep. 20)

How to Navigate the Founders Exit Paradox with Jerome Myers (Ep. 20)

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Are you a business owner contemplating an exit?

In this episode, Jerome Myers, PE, MBA, PMP, and business exit coach shares his journey from corporate America to specializing in helping business owners face the challenges associated with exiting their business.

Jerome discusses: 

  • The “Six Centers of Doubt” that business owners experience
  • How his framework helps individuals successfully transition away from corporate America 
  • The importance of focusing on the human element of a profession rather than the financial benefits
  • And more

Connect with Will Hoffman: 

Connect with Jerome Myers:

About Our Guest: 

Jerome Myers is an award-winning engineer, investor, mentor, and business strategist who helps founders navigate their Exit Paradox through his masterminds and coaching programs.  

 Prior to leaving his corporate leadership position, Jerome built a $20 million, 175-person division of a Fortune 550 company from scratch.  He now uses his project management, engineering and business expertise to advise business leaders on key areas such as: leadership strategy, process improvement, sales and data analytics in real estate, financial services, business services, and health care to help his clients double their revenue, time off and charitable giving.

Jerome is also a general partner in a multifamily real estate portfolio and serves on the North Carolina Agricultural and Technical State University Entrepreneurship Advisory Board.

In 2022, Jerome won the prestigious alumni achievement award for the North Carolina A and T State University College of Engineering where a fully endowed scholarship has been created in his family’s name.  A noted media expert, Jerome has been featured in Business Insider, Black Enterprise, Entrepreneur, Biznow, CBS, ABC and Fox.

 Jerome has interviewed numerous newly exited operators (NEOs) on his top-ranked Dreamcatchers podcast which provides inspiration, education and direction to his audience of founders who are building companies to sell after they exit the “Matrix”.

Jerome Myers is not affiliated with or endorsed by LPL Financial and Hoffman Wealth Management.

About Our Host: 

Will Hoffman is a financial advisor and the Founder of Hoffman Wealth Management, a firm dedicated to helping professionals create wealth plans that revolve around their financial goals. Will has 20 years of experience in the financial services industry and is passionate about becoming his client’s most trusted financial ally. 

Securities offered through LPL Financial, Member FINRA/SIPC. Investment advice offered through Private Advisor Group, a registered investment advisor. Private Advisor Group and Hoffman Wealth Management are separate entities from LPL Financial. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.

The LPL Financial registered representative(s) associated with this website may discuss and/or transact business only with residents of the states in which they are properly registered or licensed.  No offers may be made or accepted from any resident of any other state.

 

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