WhyWeWork BrianVee
WhyWeWork BrianVee

Episode 105 · 1 year ago

#105 Kenny Ingersoll - Financial Professional -BrianVee WhyWeWork

ABOUT THIS EPISODE

Kenny Ingersoll is a financial professional, educator, investor, mentor, entrepreneur and podcast host. Kenny is a humble man that provides for his family and his clients.

Contact Info

Kenny’s Profile
linkedin.com/in/kennyingersoll

Website
https://ingersollenterprises.weebly.com/

Phone
801-597-0063 (Mobile)

Email
kennyingersoll@gmail.com

...welcome to why we work with your host Brian V. As he speaks to people like you from all over the world as we together dive deeper into our motivations, struggles, joys, seemingly missteps, hopes, warnings and advice which would be an encouragement to us all to get up. Get going on, keep on working. Working is tough, but working is good. Now here's your host to why we work. Brian V. I'm Brian V and this is why we work today. Have the great pleasure. Speaking with Kenny Ingersoll Kenny is a financial planner, professional and educator. He is also a mentor, podcaster and entrepreneur. Today I want to find out from Kenny what advice he has for people in their finances. What are some essential goals that we should have? Whether we're young, middle aged or older. Join me today in my conversation with Kenny Ingersoll. I'm Brian V and this is why we work today. Have the great pleasure of speaking with Kenny. Ingersoll. Good day. Fine, sir. Today. Brian, how you doing? Thanks for having me on. I'm well, thank you for coming on. Kenny, will you be able to tell us? Because I know that you're so your resume or your linked in profile has you a man of many things. I was speaking to Joey Onley yesterday and he was the mountain man, a man of many skills and talents, and you seem to maybe the city man, many skills and talents as well. Can you let us know what industry you're in and maybe what you're up to nowadays? My primary focus is I'm a financial professional. I help people with...

...finances, um, savings, retirement, You know things of that nature. Then I also do some real estate investing, and I also do podcasting on my own. I'm podcast called Treading. On Mondays, we help people say that name again. Dread. No Monday's dread dread mill like to dread beyond the mill of Monday's treadmill. Monday's bread. No, Monday's you know you no longer dread Mondays, you know, way. Help them find something they could focus on positive, whatever that metaphorical Monday is, So that's what you're up to nowadays. Will you be able to bring us back, Kenny? Well, in knowing that you're in real estate and finance, you're an entrepreneur, mentor and podcaster. When did it all start? What? At what age. Did you start it, start toe work or even do some things around the house that amounted to work. It was pretty young, fairly young about 78 You know, my my parents were entrepreneurs. They were business owners. And I liked it. And, you know, for the longest time, I knew I had that bugging me. What did you do at age seven and eight? Um, I help my parents with their businesses. I kind of got a ah little taste of what it takes to run a business, You know what kind? What kind of business was it? What were you doing specifically? My dad owned a electrical contracting company. Help him, You know, with the work he had there with firing up buildings and houses. And, you know, um, go getting parts and you're a golfer because it's hard for me to imagine you had seven wiring a house or e. Hey, maybe you could Having there are kids out there that can do those things, but I'm trying to picture it.

You know, a few years ago. I don't know if the Health and Safety Board would, uh, allow that to happen, but I could imagine being a golfer. Yeah. At that point, you know, it was more of a go. Get the screwdriver with the red handle on it. Or go get that box of wiring. That's kind of thing. Grew older. It progress upward and man increased. How? How long did you stay with your dad's company? Um, he did that for several years. And then, um, my parents decided to close that down, and so I just stayed off on that for the next five or 10 years before they will sit down. So so you rate up into high school. This was your full time job or the job that you did most frequently. Um, most frequently, I still had other jobs and stuff, but I don't help him as much as I could because I wanted to learn. And I, of course, loved being with my parents and very good. What about in tow high school, where you you were still doing this or what was another job maybe you were doing, um, during, um, like middle school, high school, I It's kind of flowing along, you know, kind of going with the flow, if you will. I worked at a pizza chain. Um, you know, the students, um, on tenants. And then it wasn't till a few years after high school that I finally the entrepreneur bug really kicked in, and I started pursuing anymore. Well, what about in high school? What was your idea for finishing high school? Were you thinking college? University, You know, was that kind of seed starting to plant for being an entrepreneur, doing something completely different? What were you starting to think in high school? High school? I've I was thinking of college, actually did call it for semester and then circumstance had today and stood beyond that. Um, you...

...know, and I wasn't quite sure what avenue I wanted to. I first pursued music. Then I pursued, um, RV ing and camping because I love rving and camping. So I pursued that quite a bit in different avenues and just kind of I'm back and forth a few different things and, um, event planning and just trying to find that that's it for me. So you were kind of and I did the same thing. What I did was meander between different positions and trying to find what you were good at. trying to figure out what your talents your skills were where other people saw that you were beneficial. That's what I did all through my twenties. How about you? Exactly. You know, finding what? What? I was beneficial at what I like, you know? And then just growing and learning and having a better understanding of what businesses and entrepreneurship is No, Uh, we've through that victory. So what did you find in your twenties? That seemed to be maybe the entrepreneurial bug, but specifically, what were some talents and skills that you were able to bring to a table? Say, in your thirties, I'm assuming you're 30 something. Yeah, One of the big things was commitment and being willing to, you know, um, do what I say. I'm gonna dio you know, um, I'm learning and understanding as much as I can about that thing. You know, if I say I'm gonna help someone do this, or if I'm gonna hurts through this or someone um, challenged me to do, Let's say this over here, you know, I would I would learn as much as I could and try and...

...get as much experience as much exposure mentorship as I could. So how did you find yourself getting into finance? Finding yourself to be a mentor, finding yourself in financial education, of which I know you have classes for. How did you start? Thio Crystallize that for yourself. Um and actually it happened because, um, my wife's cousin has been in finance for right close to 20 years. And he introduced us to the company that he's with and just the education they have, you know, opened my eyes to wanted to help others. You know, not only myself in my family, but helping others to have access to that education in those tools. Martin, you know, hey, and then just wanting to serve others and help help others. All ships rise with the type, that sort of thing. So as you were getting into finance, you were probably getting a better idea of your own finances may be a better appreciation. What is Cem key points that you've realized for people to be essential, say, as goals in their financial freedom. One thing is getting being clear and honest at where you are and where you want to go. You know, a lot of people say, you know they're they're fine and they're good or you know, things. They're happy. Jolly go lucky. But in all reality there up the creek without a panel, you know, because they're either not fully comprehending how the situation is,...

...if you will, or in in denial. And that's the biggest key starting point. But, Kenny, what happens in Excuse me when people do not know where they need to go or where they should go? Because a lot of us e mean for me. I did not say invest money even hardly now so I could talk to someone else and say, Well, you should have done this This and this and this and being younger and mawr immature one, it's It's the perfect time to invest, but to have not having the maturity. I don't know what I should do. So do you have some se overarching goals people should probably consider with their finances, especially, I mean, in an ideal situation. You, your infant and people invested in a bank account for you or your child, and you're throwing some of your pennies or dollars into some account, maybe even into your teenage years you're doing something. But in your twenties when you're starting, most people getting a career or some sort of consistent employment. What are some things that we should really hone in on some specific goals for our finances that you suggest, anyway? Yeah, well, everybody's goals, of course, will be different, so it'll be kind of it will be catered to what they want. But one thing is, think long term. You know, when you're 18 20 year olds, it's hard, it's hurt me. Oh, I've got plenty of time. I could think about that leg or when in reality, Like you said, You know, now is the time toe act on that and take advantage of that a time that you have on your side, you know? And then, um what do your dreams,...

...what your goals, What do you want to do? You know, a lot of people from what I found have unfortunately put their dreams on the back burner on the top shelf. You know, I don't see it happening or they don't see a way to make it come to life, you know? So one thing we try to do is help them pull those dreams back out, dust them off and and work towards those goals. Help him. I believe that they're achievable. They can be achieved. Or you can choir them. Are you suggesting people se diversifying? Break up their money and put a percentage here. Percentage there. Keep some under your pillow. Do you have some, general, um, advice for people who just to give them a new idea of what looking forward could be. Yeah. You know, you're gonna goes back to what they want, you know, is their focus on over here. You know, the next 5 to 10 years is they got a big goal vs. In 30 years, they've got a big goal. So it zest to that general rule is what we call 10, 10, 10, 70. If you're familiar, it's 10% to a tiding or charity, 10% of long term savings and 10% short term savings. And then the remaining 70% is your lifestyle. You are bills, your utilities, your car payment, your vacations, all that falls under that 70%. And that way you've got some some basis. If you will establish for your short term and long term and at the beginning of those numbers can be tweaked. You know, if you can do 10, 10. 10, you could do 333 or 555 whatever those numbers have to be. And then you could tweak them as you go along as you hit those milestones. What do you think now? A...

...lot of talk about crypto currency and all that. Is that part of, say, Ah, long term investments, short term investment portfolio for people. Is that something yourself you get into? Or is that a little too risky? A little too uncertain. I haven't dabbled myself too much in that. Personally, I've done a little bit. I would say it's more for a kind of a long term, you know, depending on how much, uh, put cash you have to put in. But I would, um um, there would be more of a long term investment versus a short term, Short term gains, short terms, thinking that you're going to get rich quick sort of thing. What? What about? What about you, Kenny? What? What is the process that you go through in your work each day and the various things that you do? How do you get going? What keeps you going? And how do you end it? Say, through a week. On average week, My weeks can vary between the companies that I run and whatnot. You know, um, I just sit down on a week by week and then a day by day basis and prioritize what has to happen throughout that week. And then, you know, I'm Of course, priority number one is family. So that is everything else revolves around my family. It's not the other way around for me. Why is that, Kenny? I mean, I noticed a swell your family man father, and you've mentioned a couple of times of being a family man. What is your perspective on that into, you know, to give people some insight? Because not a lot of people do that. And and I think most people would like...

...to put their family first. But sometimes we get off track where we get doing ah, project or just buried in our work, and it becomes a little harder to come up for air. So how did that e mean? As a kid, you were working with your family business and you said that you wanted to be with your families. But how did it kind of manifest for you and being a family man just for me, knowing that that's what I wanted? I've worked really hard to make sure that my business is. My schedule allows me to do that as much as possible. I know sometimes it's not always the case, you know, even there's some someday some weeks where it's, you know, 70% business and 30% family. But then there are other weeks that it's 90% family and 10% business. There's depending on what's going on, you know. And then I I always have in the back of my mind. You know, my family is always why at work, you know, um, so the other reason I there were the main reason I keep going. The main reason I worked so hard and push so hard and stuff like that, And they they also deserve my time as much as more than any other thing I've got going on. What is some difficulty that you have in your job? Maybe some of those things that take you away from your family, but also what are some satisfaction? Do you get from your work on the difficulties is, you know, my cell phones on me all the time. And so I'm constantly getting emails or text Mrs or whatever, you know. And sometimes it's hard to put my phone aside and, you know, concentrate more fully on my family. Or sometimes it's a business owner. Things pop up, you know?...

You gotta go put out the fire here, fire there. What have you, um, you know, so that that takes me away. Unforeseen circumstances like that. But, um, some of the upside, you know, is having more that control more that direction. I'm controlled knowing where I want my schedule to be and what I wanted to focus around. And a lot of times I couldn't take my work remotely. We enjoy camping. So all work Waller camping. You know, I'll set up some time here and there during the days, and I'll go. I'll go do some work, and then the rest of time are camping or traveling or or wherever. So I've been able to make that possible in your career. Now, what is the skill that you've developed or had to hone in on as you increase in your abilities? one of the biggest skills that I've had to hone in on such constantly, um, improve is the way I approach things like my moment said, You know, not letting that self doubt get in the way. You know, um or not letting those limiting beliefs skin the way and then continually to dream big, think big and see the potential that I have there. Seeing that you started so young. I think you're one of the youngest people that has worked. I think that a lot of people do some things for the family, but you're you're specifically working in a company is a golfer. And knowing that you switched a few different jobs throughout your career, do you have some advice for people who are just getting into work one way or the other? Whether for the first time or changing your career? Yeah, You things aren't always gonna be, um, sunshine and rainbows. You know,...

...there's gonna be days you're gonna have to do stuff you don't want to. But if you stick with it and you, um, continue thio not let those limiting beliefs get in your way, you know, then your potential is essentially endless of what you can do and what you can achieve. And as far as like switching back and forth, you know, um that's okay. You know, um, I relate that to going on a road trip, and sometimes there's gonna be detours and construction or whatever. You just gotta gotta find the right path around it and a different approach. And then also on some of those things you you'll learn, like for the different jobs that I've had. I've made valuable connections. I have learned different skills on had my mind opened, if you will. My eyes opened to different processes, approaches things of that nature that I probably wouldn't have gotten the same otherwise. Yeah, we definitely learned a lot from what we see as maybe, setbacks like if we change your career. Is there anything that you've learned that you wish you would have known Starting off in your work. I mean, even in finance where I wish I would have invested into something. Is there something like that that you wish you would've known something? Yeah. One of my biggest things was I wished I would have, you know, like, said way back when and then like we referred to earlier, You know, 18 20 year olds. I wish I would have started. Then you know what started that scene or learning different things, You know, growing your mindset, being open minded to different possibilities. You know, just gathering as much good knowledge as possible and starting way back when...

...instead of waiting 20 years in your is there something specific in finance you would have invested in? And obviously, if you know, if I would have known that Google or Amazon would have been so big. But is there some sort of sector that you would have maybe concentrated on maybe buying a home earlier or investing in a retirement savings? Is there something in particular that you would have focused on? Yeah. The retirement savings I would have started because we have life insurance that has a savings platform. Get back on it, if you will. And I would have started that a lot sooner. And then also investing in real estate. I would have started a lot sooner. What about when people talk about money? You know? What is it? The love of money is the root of all evil. The love of money. Some people say money is the root of, you know it's on. It's the love of money and being in the financial sector. What is a character trait that you found to be essential for you and your colleagues and the people that are working in and around money? Yeah, I would have. I would say, you know, just a different mindset, different approach, you know, just the way you use money because money is a tool, you know, if you know how to use it properly and what money can do and what money if you work for you or work against you. But just having that proper mindset and that did you cracked approach with it, says a huge one. Huge character and white people think about money knowing...

Kenny that you tried college. But you've also in your financial career. Now you're learning a lot of other stuff. What is your view? Not only of education? Generally, it doesn't have to be formal education, but it could be in formal education. What is your view of education but also of exercise and how that plays a role in our work? I'm education. I am a huge advocate of it. You know, if if you're pursuits, um, involve college and formal education, You know, I'm all for it and stuff. I'm also for, um, look, learning podcast, mentorship. You know, you find a good mentor things of that nature. I'm constantly listening. Thio audiobooks, constantly reading books. Um, I'm constantly learning as much as I can and then, um, exercise, you know, always huge, kind of tied together. You you feel good. You do good. What do you do for exercise? Kenny? Most of my exercise for me is just staying busy. You know, with I'm playing with my kids doing stuff outside. You know, we we try to travel when we can. Things like that going for walks, e I do. I do have a few exercise pieces of equipment in the house that I jump on, but most of mine I tried to just stay physically active and moving about, and of course, trying to hey, my diet as healthy as possible. I tried to to, but yesterday I was eating a crispy cream donut that was left over from two days ago. Those things should be if there's anything in the world that should be illegal. It should be crispy cream donuts. Those...

...things are delicious, and we have exercise equipment, but it kind of gets a little dusty so that it just becomes some other piece of furniture. The other day I wore exercise clothes, intending to go exercise. I wore them all day and then just kind of fold. I didn't fold them. I just threw them in the corner. At the end of the day, I didn't really use them. So e think it's these things and you're touching upon it with education as well. And it's something I need to do better with staying sharp, staying focused, reading, ingesting things the best that we can in the idea of our mind. And that's what the mindset you said, but also exercising, getting out, getting, you know, limbo. Was it limbo? Nimble, nimble, nimble and just getting some blood flowing? I think it's good for our mind as well as our body. Do you have an overarching goal for all the work that you're doing? Whether it's ah financial professional or educator or mentor, you have a goal. My ultimate goal is to help us many people as I can with whatever their goals or help them If I help them, you know, see the possibility that's out there or if I helped them pull their drains off the shelf or if I help them find a good book that makes a huge positive impact on their life, you know, on primarily with my own, my own kids. If I help them in their future life, whatever their course, maybe, you know, that's my goal is to try and help others grow and learn even more than I have and be able to you know how healthy other ships, right? With some time. Mhm. Is there anything Kenny that people may not understand about you as you try to help people and you do the work that you dio Is there anything that people may not understand about you? Where if they understood this,...

...they would have a better appreciation of you and the work that you do? Yeah. Mm. I think some of it is, You know, this having those, um, limiting beliefs in themselves so they don't see the clear path. They don't understand why I'm doing what I'm doing or why I shows the route. I did kind of thing or why I recommend something that makes sense is just, you know, them not having that experience, not having that. What is it? Was it that they main? What is it that they may not understand about you? They by them understanding, you know, even if they do have a limited belief. What would you like people to understand about you? I'm just e s, um you know, I'm learning as well. So just helping, hoping that Aiken show them what I've learned is, I learned continue to learn and grow. Is there some adversity that you have faced in life, Kenny, where it maybe positively or negatively affect your work. And by using this adversity, you can encourage other people in the adversity that they faced on a daily basis in their work. I'm going back to the limiting beliefs self doubt, you know, or the the naysayers, if you will. No, I don't get a lot of adversity from, you know, they might not intention to be wine too. Try and hold me back, but just I'll be careful or we've never done that before. Or how do you How do you know how to do...

...this or whatever, or you have no experience in that field kind of thing. You know, they're just They're their intentions are good, but and also could act as a block if you let it or, uh, they're in a saver. So to encourage others, you would say Don't listen to the don't listen to the naysayers is my buddy Frankie MacDonald says, Don't listen to the trolls, right? Don't listen to the people who will try to stop you along the way. Exactly one of my one of my favorite quotes as you know much. It's not only to prove them wrong, you know, Thio prove the next day is wrong and do in spite of them, but also to prove myself right. You know, if you if you have that belief in you, they say I can't do it. But I know I can, so I'm not only gonna prove them wrong, but more importantly, I'm gonna prove myself wrong. E, Think of my dear wife because in that, that's actually pretty wise in that many times I'm trying to prove myself. Approve my self right to my dear wife. So I'm right. But it doesn't mean I'm right. So I better get the other side of the equation and make sure that I am able to prove that what I'm doing or saying is correct. So to prove myself to be a writer, to prove to myself that I could do this thing, it's vital. So, yeah, if you're just going out there and trying to prove to everyone what you're doing just to get them on board, you know, you might be on a sinking ship. As you mentioned, this ship's a couple of times. Is there anything else, Kenny that we haven't touched upon that you think is worth mentioning? I would say the biggest thing on DWI kind of hinted at this little bit is just start. Yeah. Now, wherever you're at with whatever you have, start Yeah.

How can people get in touch with you, Kenny? How can they get in contact with you? I'm on. So yeah, I am all over Facebook and Instagram and linked in. I've got my podcast. It's on anchor in YouTube called Retinal Mondays. Um, I'll drop the lengths toe that as well. Okay, perfect. One final question. You kind of answered it, but maybe specifically Kenny Why do you work? Why do I work? Because I know that I am not yet fulfilled. What I'm supposed to dio I know I have a purpose and a passion to continue to fulfill. Kenny Anger Saul, Financial professional educator, mentor, entrepreneur and podcast host. Thank you for your time. The time that you have given me. And I appreciate the work that you dio Thank you for listening to this episode of why we work with Brian V. Be sure to subscribe, follow and share with others so they to be encouraged in their work. I hope that you have yourself a productive be a joyful day in your work.

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