YES Notes 10/03/07

• Nick A. Jensen from Edward Jones came as a guest speaker:
• He received his MBA and has been with Edward Jones for 18 years now
• Runs his own investment firm
• Very entrepreneurial because he built his own customer base
• Went door-to-door for 8 months having 25-30 contacts a day
• Hires his own staff, has his own office, no boss, 100% commission, no ceiling on income
• Doesn't have to worry about downsizes
• Travels a lot, controls his own time
• There is lots of pressure from his family, employees, customers, charities, etc… to be successful which keeps him pushing forward
• They are all relying on him
• When you go into business you need to have the correct expectations/know what you are getting into.
• Ask others in the field how they were successful
• Do a business plan
• Copy what others do who were successful
• Don't try to be all things to all people
• You also have to understand yourself and what you want out of your business
• Be the person that you are in what you do
• Your heart and passion has to be in it
• He says the most rewarding part of his business is knowing that people trust him
• Tips for college age students:
• Avoid credit card debt
• Invest in your future
• Don't look at what everyone else is doing
• Next meeting is in two weeks, October 17th and Jeff Kemp will be speaking on investment tips!

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Last Updated: 10.08.2007