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Entrepreneurs on Fire
Husband & Wife Duo Take on an Ultra Competitive Industry by Applying Their Own Fiduciary Standard with Donovan and Chelsea Ryckis
Jan 16, 2024
22:42
Snipd AI
Donovan, former Series 65 Wealth Advisor, and Chelsea, an Insurance agency owner, share insights on niching down, out-educating the competition, and embracing constant evolution in the employee benefits market. They discuss their journey of challenging the existing structure to provide more transparency and their podcast, the Ethos Effect.
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Quick takeaways
- Focus on a specific area until you can say no to certain opportunities.
- Constantly strive for improvement, embrace change, and evolve in all aspects of life and business.
Deep dives
Building a Niche Business and Challenging Industry Standards
Donovan and Chelsea Rijkis, a husband and wife duo, discuss their journey of taking on the employee benefits market by applying their own fiduciary standard. They emphasize the importance of niching down and working with ideal clients who bring the most energy. They also challenge the notion of work-life balance, suggesting that at the beginning of a business, it is necessary to be fully committed and work harder than the competition to quickly achieve success.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode