Interested in starting your own entrepreneurial journey but unsure what to expect? Then read up on our interview with David Lykken, Founder of Transformational Mortgage Solutions, located in Marble Falls, TX, USA.
What's your business, and who are your customers?
My business is about enabling dreams of homeownership and business ownership! I am a business consultant and C-Level executive coach to those who own and/or run mortgage companies. I have helped top mortgage companies start, grow, and help millions of Americans achieve homeownership.
Tell us about yourself
I am a VERY young 71-year-old who has built and sold a number of companies, tried to retire a number of times, and failed to do so each time. Why? I LOVE what I do, which is helping people achieve their dreams of homeownership through my mortgage company clients, and I LOVE IT!!
What's your biggest accomplishment as a business owner?
Helping business owners like Casey Crawford start and grow Movement Mortgage from a startup to being the 5th largest independently owned and operated mortgage company in the nation.
What's one of the hardest things that come with being a business owner?
- Work-life balance.
- Seeing people fail because they refuse to listen to advice.
- See marriages and families fall apart because of 1 & 2 above.
What are the top tips you'd give to anyone looking to start, run and grow a business today?
- Have a solid "why" for what you are doing.
- Seek advice.
- Never be embarrassed to ask questions... a LOT of them.
Is there anything else you'd like to share?
If you are doing it for the money, DON'T! Greed will blind you and cause you to fail!
Where can people find you and your business?
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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