There is a lot of power in social media to help grow yourself or your company. If you can master that tool, you will see how beneficial it could be to your business.
Josh Hansen is an entrepreneur in the investment industry. He and his wife and four children reside in Cash Valley in the city of Logan, Utah.
Josh has had a versatile career. While he was in college at the University of Utah, he began to work in sales. His early work history consisted of door to door sales of security & pest control contracts. He was number one in sales in a field of 500 sales representatives nationwide for four years running. This had prepared him for the future of his career.
When Josh Hansen returned to Logan, Utah, he continued his sales career with a company made knives and sold to distributors. With this experience in sales, John Hansen set out and began his own business. He started a management investment company. After starting from the beginning, Josh managed approximately seven million dollars on behalf for his investors. Today, he is successful running his business which is providing payment processing and day trader services.
Josh Hansen from Utah is a devoted husband and father. They are always on adventures and loves spending time outdoors together. Josh believes in a work life balance and the best escape from his busy professional life consists of sharing those special moments with friends and family.
Where did the idea for your company come from?
I love working through problems, the idea started out as a challenge to me from my friends who were already involved in the industry. I knew their ups and downs of the business and wanted to help. I am very good with numbers, I have an investment background and I am go-getter. I accepted their challenge and it has worked out very well for all.
What does your typical day look like and how do you make it productive?
I wake up bright and early between 5:30 and 6 every morning. I take time to read the news around the world before I head to the gym. I am strong believer in a healthy life equals healthy mind. I am at the office no later then 9 AM and I work until 6 in the evening. Every Monday morning, I like to set my schedule for the week. It always starts with making sure that all my meetings and calls are scheduled first, and it is easy to work around that. Running a business can be very hectic, so I reference the list in order to manage my time and keep my productive. It is always easy to get side tracked without a schedule. I always like to get my tasks down for the day before I get home, I have a rule where I turn off all communications once I am. This allows me to make sure I spend some quality time with my wife and children.
How do you bring ideas to life?
I always start my ideas with a roadmap. I try to get as much advice and opinions from my friends and family. I really do value other people’s ideas as they are on the outside and can sometimes have a clearer vision. Once I have all the pieces together, I will chart the direction that I want to go and make every effort to make it all happen.
What’s one trend that excites you?
Social media is a trend that excited and does not seem to be slowing down. There is a lot of power in social media to help grow yourself or your company. If you can master that tool, you will see how beneficial it could be to your business.
What is one habit of yours that makes you more productive as an entrepreneur?
I have a very strong work ethic, I have determination to finish every task that comes my way and I believe that’s what makes me most productive. With my sales experience, I really think that has helped me with my communication with people on all levels. I would say it is something that came naturally to me but has improved through to experience I have received.
What advice would you give your younger self?
There a lot of things that I have learnt along the way that I wish I knew before. The main advice would be to keep in mind that happiness doesn’t come from having money. You must find something that you love to do rather than just working to make a lot of money. If you truly love doing your job, your determination will be there, and money will always follow. Another key would be to keep good legal counsel around you, you will always hit roadblocks but with the right support and advice, you will push through it.
Tell us something that’s true that almost nobody agrees with you on.
Although this is a bit controversial, I think a college education is a waste of time and money for most people. When I was in college, I left when I was six credit shy of my certificate. Most people are not there to learn about what they love. There is a strange idea where people believe that if you don’t have a degree, you are never going to make money. Instead of college, I really think people should start working and gaining experience, avoid the cost and debt of the college experience, find out what they really enjoy doing.
As an entrepreneur, what is the one thing you do over and over and recommend everyone else do?
Being an entrepreneur comes with its ups and down, you have always have to be consistent and keep moving forward. Everyone has their dreams, you have to take one day a time and do not let yourself get overwhelmed. Keep moving forward in the direction you want, things will fall into place.
What is one strategy that has helped you grow your business?
One strategy that I can say truly helped was being able to stay focused on one thing at time. Sometimes ambitions can take over and you can get caught up on trying to do a thousand things at once. You must stay focused on what tasks need to be done to reach your end goal. Expanding is good but make your changes with a plan in mind.
What is one failure you had as an entrepreneur, and how did you overcome it?
Although no one really enjoys failure, they are always such a good learning curve. I once started a business with a friend, we worked hard and raised a considerable amount of money for our company. After time, we found out that a lot of our money was stolen, and an employee was not being honest with investors. We lost a lot of money and there were a lot of things that we did not have control over. It took us six or seven years to solve the issues and gain back the trust of investors. It was hard work, but it taught me to only surround myself with those I trust.
What is one business idea that you’re willing to give away to our readers?
I think everyone can agree in saying that getting an oil change for their car is never a fun task. You have to sit there and wait, which can take away from your productive day. I think a great idea would be to have a company that comes to your location to change your oil, they can come to your office or house and complete the job for you.
What is the best $100 you recently spent? What and why?
We donated $100 for our children to help at the Pumpkin Walk. It was a learning experience for 3 of my children when they donated their time to set-up the maze and helped to carve pumpkins. It was a real learning experience, and it helped the community. That was the best hundred dollars that I’ve spent.
What is one piece of software or a web service that helps you be productive?
Just as I was saying before with the power of social media, what helps me be productive is LinkedIn. We upgraded our service, and it has helped us with communications and production for the business.
What is the one book that you recommend our community should read and why?
The Obstacle is the Way by Ryan Holiday. One reason why I would recommend this book is because it is a book that teaches life’s lessons. Mistakes can cause progression and growth.
What is your favorite quote?
Lincoln said: Whatever you are, be a good one.
Successful people do what unsuccessful people are not willing to do.
Steve (Stefan) Junge hails from Germany and helps with the day-to-day publishing of interviews on IdeaMensch. While he and Mario don’t share a favorite soccer club, their enthusiasm to help entrepreneurs is a shared passion.