Episode 41 - John Boykin | BHI Insurance (Part 2)

Brian welcomes back John Boykin of BHI Insurance for a follow up episode to share the highs and lows of having his business acquired by Assured Partners. In this episode, John explains why running his business like he was going to sell it one day eventually paid off and what it felt like when that wire hit his bank account, becoming financially independent at the age of 39. John’s journey from making $16/hour 16 years ago to where he is today hasn’t all been positive. But John knew that money came with winning, so one thing he never did throughout his career was chase money. As Brian articulates it, “you have to be equally prepared to say no as you do to say yes to the right thing.” Key takeaways: - John sold his business without even looking to sell and become financially independent at 39 years old - While working on his hardest sell yet — convincing his 9 year old that moving to a new home was a great idea — John realized he wanted to slow down and focus on being a dad - The closing day was incredible and underwhelming all at once - Mimosa days helped to maintain company culture during the acquisition If you only have 10 minutes: 3:09 - What’s changed for John since we last spoke with him in February 2021 (episode 3) 10:08 - Is there a single reason why John decided to sell? 14:48 - How it feels to become financially independent at 39 years old 15:47 - The closing day 26:55 - Selling a business is an emotional rollercoaster 31:33 - Did John ever just say, “screw it?” 39:54 - Don Julio 1942 or Clase Azul? HAPPY ½ HOUR DRINKS: Double Dry Hopped Double Mosaic by Daydream Other Half Brewing Co. Brian gave it a 4 out of 5: https://untappd.com/b/other-half-brewing-co-double-dry-hopped-double-mosaic-daydream/2155227 Clase Azul Reposado on the rocks: https://www.claseazul.com/clase-azul-family/clase-azul-reposado Read more about John: https://www.assuredpartners.com/ or at https://bhi365.com/ Learn more about Rivers Edge Advisors: riversedgeadvisors.com/ Connect with Brian Carney on Instagram @riversedgeadvisors_llc Connect with Brian on untappd.com - brcarney7 More episodes: happy-half-hour.com