SummaryIn this conversation, Phil Wilkins shares his journey from being a multi-unit McDonald's owner to becoming the founder of a 360-degree marketing company called BYA Everyday. He discusses the influence of his parents and the challenges they faced, which instilled in him a strong work ethic and determination. Phil also talks about the importance of having a strong support base and the sacrifices he made as an entrepreneur. He offers advice to young entrepreneurs, emphasizing the need to stay focused on a niche and align opportunities with personal values. Phil Wilkins shares his journey as an entrepreneur and the importance of visualization and manifestation in achieving success. He emphasizes the power of the mind and the need to dream and set goals. Phil discusses the balance between work and personal life, highlighting the importance of being present for family and prioritizing what truly matters. He also talks about the value of building systems and hiring the right people to create freedom and flexibility in business. Phil's goal is to help small business owners and financial professionals succeed and connect with their ideal clients.Takeaways- Having a strong work ethic and determination is crucial for success as an entrepreneur.- A strong support base and close relationships can help navigate challenges and provide emotional and practical support.- Entrepreneurs often have to make sacrifices and live with uncertainty, but staying focused on a niche and aligning opportunities with personal values can lead to long-term success.- Franchising can be a viable option for aspiring entrepreneurs, as it offers a proven track record and support from an established brand. Visualization and manifestation are powerful tools for achieving success.- Finding a balance between work and personal life is crucial for overall happiness and fulfillment.- Building systems and hiring the right people can create freedom and flexibility in business.- Setting goals and taking action are essential for reaching desired outcomes.- Having an abundance mindset opens up opportunities and allows for growth and success.Chapters00:00 - Introduction and Background02:53 - Early Influences and Entrepreneurial Spirit09:46 - Choosing the Franchise Path19:14 - Overcoming Challenges and Making Sacrifices26:27 - Advice for Young Entrepreneurs32:01 - Finding Opportunities Within a Niche32:40 - Building a Business and Diversifying34:06 - The Power of Visualization and Manifestation37:29 - Finding Balance and Being Present43:40 - The Enjoyment of the Grind49:20 - Prioritizing Family and Making Changes53:01 - Creating Freedom and Flexibility in Business57:20 - Balancing the Five F's of Abundant Journey01:01:18 - The Importance of an Abundance Mindset01:03:49 - Leaving a Legacy for Future GenerationsConnect with Abundant Journey:Website: AbundantJourney.netNewsletter: https://abundantjourney.beehiiv.com/Instagram: https://www.instagram.com/abundantjourneypodcastYouTube: https://www.youtube.com/@abundantjourneyConnect with Phil Wilkins:LinkedIn: https://www.linkedin.com/in/phil-wilkins-4290b66/BYAEveryday: https://www.byaeveryday.com/Facebook: https://www.facebook.com/philwilkinsbya/Instagram: https://www.instagram.com/philwilkinsbyaTiktok: https://www.tiktok.com/@philwilkinsbyaYouTube: https://www.youtube.com/@BYAwithPhilWilkins