“Salaries aren’t cool—they restrict you and bind you.” – David Chudyk
Today on the Fire In The Belly Podcast, Mighty Pete talks to David Chudyk from Parallel Financial about his career journey—from working a 9-5 corporate job, he was able to take the leap and is now managing his own insurance company.
Since the early 2000s, David has been helping many of his clients improve their financial well-being and also build & maintain their wealth. More importantly, he always emphasizes to everyone the importance of career and money philosophy. One should be able to improve their wealth when they have already built the mindset, determination, and the courage to take risks. You can learn more about some of his tips and his inspiring story when you listen to this episode.
KEY TAKEAWAYS
Developing problem-solver skills is a necessity. It’s not just for entrepreneurs and leaders. It is a life skill. If you want to reach the finish line and stomach every blockage that happens, then you must be tough, resilient, and always be a thinker.
Foster an environment where every single one of your team members learns how to be independent and resourceful. They can’t be always waiting for the captain to make the call and initiate. To have a high-performing team, you want them to be problem-solvers too.
Being not well-off through college served as a motivation for David to work harder. He wasn’t going to bars to drink and have fun—he was using his free time to earn extra cash. He learned early on about responsibility and hustling.
After college, he worked for big corporations, taking 9-5 jobs. He was earning more than enough—a very competitive salary—but he figured out it wasn’t what he wanted. There was too much time wasted which he could spend with his family or on other more important things! He knew he can do more and earn more in a lesser time frame. He knew there was so much he could do.
David went on and proceeded to do things on his own. He was a keen observer and fast learner so he always understood how the industry works. He took the chance, devised a solid business plan, collated a list of prospects, and helped a lot of people with his expertise. At present, his company Chudyk Financial Services and Insurance Group has been offering wealth management assistance to individuals and companies for 15 years.
BEST MOMENTS
“Why would I try harder to make the same amount of money? Why would I do all the extra things with no additional rewards?”
“If you’re not going into a career where you don’t need a specific college degree, then you just need any college degree.”
“There’s a difference between liking your craft and being good at your craft.”
“Sometimes, when you meet the right people, they just make things happen.”
“Our career and money philosophy was shaped while we were growing up.”
VALUABLE RESOURCES
Know more about Parallel Financial here: https://www.parallelfinancial.com/
Visit the Chudyk Financial Services and Insurance Group Official Website: https://www.sccommercialinsurance.com/
Subscribe to Fire In The Belly Podcast on Apple Podcasts (https://podcasts.apple.com/us/podcast/fire-in-the-belly/id1499375061)!
ABOUT THE GUEST
David Chudyk is a CLTC Certified Financial Planner with Parallel Financial and Chudyk Financial Services and Insurance Group. He has been in the insurance and finance field since 2002.
David also launched and hosts The Weekly Wealth Podcast, wherein he explores mindsets, tactics, and strategies to help more people in building and maintaining wealth.
Subscribe to the Weekly Wealth Podcast on Spotify, Apple Podcasts, Google Podcasts, and other platforms: https://www.weeklywealthpodcast.com/
Follow David Chudyk on Twitter: https://twitter.com/davidchudyk
Connect with David on LinkedIn: https://www.linkedin.com/in/david-chudyk-cfp-r-15086812/
ABOUT THE HOST
The ‘Mighty Pete Lonton’ from the ‘Mighty 247’ company is your main host of ‘Fire In The Belly’.
Pete is an Entrepreneur, Mentor, Coach, Property Investor, and father of 3 beautiful girls. Pete’s background is in Project Management and Property, but his true passion is the ‘Fire in The Belly’ project itself. His mission is to help others find their potential and become the mightiest version of themselves. Pete openly talks about losing both of his parents, suffering periods of depression, business downturn and burn-out, and ultimately his years spent not stoking ‘Fire In the Belly’. In 2017, at 37 years of age that changed, and he is now on a journey of learning, growing, accepting, and inspiring others.
Pete can connect with people and intuitively asks questions to reveal a person’s passion and discover how to live their mightiest life. The true power of ‘Fire In The Belly’ is the Q&A’s - Questions and Actions!
The ‘Fire In The Belly’ brand and the programme is rapidly expanding into podcasts, seminars, talks, business workshops, development course, and rapid results mentoring.
CONTACT METHOD
https://www.facebook.com/mightypetelonton/
https://uk.linkedin.com/in/mightypete
https://www.facebook.com/groups/430218374211579/
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