Multiplier Mindset® with Dan Sullivan

Maximize Your Impact As An Entrepreneur Without The Burnout, with Nikki Fraser

Jul 17, 2024

Former banker turned entrepreneur Nikki Fraser shares her journey to success with NextKey Services, offering finance solutions. She discusses leaving corporate America, the impact of Strategic Coach® program, unique teamwork, trying new things, and the importance of work-life balance. Topics also include entrepreneurial mindset, growth strategies, and the benefits of coaching sessions.

21:22

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Episode guests

Nikki Fraser

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Episode notes

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Quick takeaways

Total commitment before capability, fueled by courage, is crucial for entrepreneurial success.

Embracing challenges, leveraging unique abilities, and creating value are key for impactful entrepreneurship growth.

Deep dives

Embracing Entrepreneurship and Personal Growth

Commitment and courage are highlighted as crucial elements for success, with Nikki Fraser emphasizing the importance of total commitment before having the capability, which is fueled by courage. The concept of entrepreneurial thinking is discussed, focusing on the four C's - commitment, courage, capability, and confidence. This mindset leads to constant growth and the ability to outperform traditional corporate structures.

Intro

6min

Embracing Entrepreneurship: From Corporate Finance to Impactful Business Ventures

4min

Striving for Impact and Growth in Business and Mindset Evolution

2min

Balancing Work-Life Harmony and Team Well-being in the Service Industry

4min

Entrepreneurial growth, community support, and mindset transformation through coaching sessions

5min

Up until six or seven years ago, Nikki Fraser’s career consisted of working in large banks. Now, she’s an entrepreneur. Nikki and her husband, Dan, run a company called NextKey Services that provides small and medium-sized businesses with all of their outsourced finance needs. In this episode, Nikki shares what’s allowed her to make the biggest impact she can as an entrepreneur while having the personal life she wants.

Here’s some of what you’ll learn in this episode:

What inspired Nikki’s decision to leave corporate America.
How The Strategic Coach^® Program has been fundamental in the growth of Nikki and Dan’s business.
Some of the business lessons Nikki has learned on her journey.
Why Nikki and Dan don’t take it for granted that they’re able to work together.
How to end up in a place where you're really focused on what you do best.
Why corporate America can never produce the best product or the best service.
What it’s like attending Strategic Coach^® workshops as a couple.

Show Notes:

If something is going to be successful, it requires total commitment.

You have to be committed before you have the capability. And that requires courage.

Corporate America, as most people experience it, is not for entrepreneurs.

Entrepreneurism means that you're using your own Unique Ability^® to create Unique Teamwork that produces really unusual value.

It's important to be okay with not having all the answers.

It’s okay if something you try out doesn’t work. Keep trying.

Finance isn’t a compliance; it's something entrepreneurs or business owners can use as a strategic asset in their business to grow and transform.

You can pass on wealth to your kids, but passing on the right mindset is more important because then they can retain the wealth or even build their own.

It’s important to have time to turn off.

Being in a safe space with supportive, encouraging, like-minded individuals really gives you more confidence.

As you keep using a Strategic Coach thinking tool, it gets easier and easier.

Resources:

The 4 C’s Formula by Dan Sullivan

Article: The 4 Freedoms That Motivate Successful Entrepreneurs

Unique Ability

Who Not How by Dan Sullivan and Dr. Benjamin Hardy

The Gap And The Gain by Dan Sullivan and Dr. Benjamin Hardy