Ep #241: From Stay-At-Home Dad to Owning Three Businesses: The Career of Erik Klumpp

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Erik Klumpp is the owner of Chessie Advisors, a fee-only firm in Rochester Hills, Michigan. After gaining invaluable experience at four different firms straight out of college, Erik built his practice from the ground up in 2014. Today he joins the show to talk about what pushed him to start his own firm and the sacrifices he had to make to be a stay-at-home dad while growing his business.

Listen in as we discuss the partnership Erik made with another XYPN member to build one of his two tax planning businesses around student loans, as well as why he wants to keep his business independent despite enjoying working with a partner. You'll learn his advice for starting up a new business and the impact hard work and commitment can have on your success.

 

Listen to the Full Interview:

 

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What You'll Learn from This Episode:

  • An overview of Erik’s career.
  • The sacrifices he made to be a stay-at-home dad while growing his business.
  • Why he plans to keep his business independent.
  • The importance of perseverance.
  • How hard work truly does pay off in the end.
  • Why Erik decided to break out on his own.
  • His advice for new advisors starting out.

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This Episode is Sponsored By:

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