"Everyone can tell you the risk. An entrepreneur can see the reward."
Entrepreneur of the Month
South Texas Wealth - February 2018
Jeremy Sakulenzki is an entrepreneur located in San Antonio, Texas. He is the CEO and Founder of South Texas Wealth. South Texas Wealth is a financial services organization specializing in the Baby Boomer's retirement savings. South Texas Wealth currently has two employees and will be celebrating its second full year in operation in March of 2018.
Jeremy has always wanted to be an entrepreneur. His father was an entrepreneur and his mother is the President and CEO of the Rio Grande Valley Hispanic Chamber of Commerce. With this influence, Jeremy developed the mentality of "I can do anything I set my mind to." He has worked for a few other companies, and though he learned valuable skills in each location, he was never truly satisfied while working for other people. He eventually stepped-up and created his own company.
Jeremy stated, "Started my own business was a lot of work!" Some of the struggles he faced in starting his own business included making mistakes, not knowing what he did not know, when it came to the business aspect of starting South Texas Wealth. Like every other entrepreneur, Jeremy had to make mistakes in the beginning. However, the mistakes made were seen as lessons and opportunities to improve. Starting a business can be difficult because you really do not know what you do not know. However, as you get all of the paperwork ready and figure out the ins-and-outs of operation, one learns very quickly.
It is not just the physical aspects that make being an entrepreneur difficult and rewarding, it heavily relies on the mental and spiritual aspects as well. There are pros and cons to owning your own business. Some of the cons listed by Jeremy are: "You must be self-motivated, figure out how to be productive with your time because there is not a playbook for owning your own business, and you don't know what you don't know until you get started." Though there are cons to owning a business, Jeremy believes that the pros outweigh the cons. A few of the pros listed by Jeremy include: "Freedom, it is rewarding building something for yourself, and flexibility!" One of the rewarding moments shared with me was about a couple who came in smiling and saying, "Jeremy, you do not know what you have done for us! You have changed our family's life!" He is a true servant.
Jeremy's servant attitude is what has prevented him from losing a client in the last four years. He truly listens to his clients and creates retirement plans and/or investment portfolios best suited to their interests. He puts his clients first, as they should be. I have personally done business with Jeremy and I can say that he is, by far, one of the most considerate, and genuine, people in the financial world today.
Greatness is not achieved without inspiration. Jeremy says that he has two mentors/inspirations that he admires and saw valuable to mention: Elon Musk, and a person whom Jeremy did not wish to disclose. Not only are people important to follow, but any piece of information a person can their hand on is a strong asset. Jeremy reads an average of 50 books per year (tries to read one a week), and this has positively impacted his life and his business. Five books that Jeremy recommends are:
"Principles" by Ray Dalio
"A Start-Up You" by Reid Hoffman
"The ONE Thing" by Gary W. Keller and Jay Papasan
"How to Win Friends and Influence People" - Dale Carnegie
"The Richest Man In Babylon" - George S. Clason
Finally, one of the most important things that people can do is learn from one another. As a result, Jeremy was asked, "What advice can you offer to a young entrepreneur or to yourself if you could travel back in time?" Jeremy thought for a few moments and responded with two great pieces of advice, "It will be harder than you think it is, and find and listen to mentors who have done it." I think that many entrepreneurs have the mindset that everything is going to work as soon as they open up their doors, this is not the case. It takes time and hard-work to work out all of the kinks and create the empire. It is also important to find mentors in the field that you are considering. You would not go to a world class chef for music lessons. If you want to be a million-dollar real estate investor, find someone who has made a million-dollars in real estate. If you are wanting to learn how to set yourself up for a financially successful retirement, talk to Jeremy Sakulenzki of South Texas Wealth.
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