November 20, 2023 · 48 min · Episode 215
The Multifaceted Entrepreneur: Exploring the Business Landscape with Chris Papin
About this episode
Ever wonder how a jack-of-all-trades handles the business world? Join us as one such entrepreneur, Chris Papin, a licensed attorney, CPA, and insurance producer, takes us on an enlightening journey through his multifaceted career. Chris's unique blend of licenses, stemming from his parents' entrepreneurial spirit and determination, have enabled him to provide a wide range of advisory-based services to small business owners across the country.
Chris pulls back the curtain on how he uses technology and his geographically diverse team to cater to his clients' needs. This episode reveals the significance of trust-building, maintaining a competitive edge, and the role language plays in his line of work. He's also ready to share some indispensable insights on the trials faced during the COVID crisis and how the right tools can make a big difference in team composition assessment.
In the world of personal finance and business strategies, Chris has his own 'secret sauce.' He shares how he enhances the client and team satisfaction quotient and how his diverse licenses enable him to offer comprehensive services. His entrepreneurial journey is laden with lessons learned from the impact of his father's passing and the importance of succession planning. He lays bare his thoughts on the three-legged stool model of entrepreneurship and the power of emojis and happy face charts. This episode is a treasure trove of sound financial advice, business success strategies, and a nod to the enduring influence of family. You wouldn't want to miss it!
Receive free tools for your business and information on a not-to-miss Business Basics workshop via www.papincpa.com/listener
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Article
Chris Papin on Advising Small Businesses as an Attorney, CPA and Insurance Producer
Chris Papin is a licensed attorney, CPA and insurance producer who combines all three licenses to provide advisory services to small business owners across the United States. On Your Brand Amplified, he tells Anika Jackson how he runs a geographically spread-out team with technology, what he learned during COVID, why succession planning matters to him personally, and how he uses the "three-legged stool" model of entrepreneurship. His view: clients are better served when one advisor can see the legal, tax and insurance picture together.
Why does Chris Papin hold three professional licenses?
Chris Papin traces his path to his parents, both entrepreneurial and determined. Holding licenses as an attorney, a CPA and an insurance producer lets him offer a broader set of advisory services than any one of those roles alone. It also helps him build trust and stand out in a crowded market. He notes that the language he uses with clients matters as much as the advice itself.
How does Chris Papin run a remote, distributed team?
Papin's team is spread across different locations, and technology holds it together. He talks about the challenges the firm faced during the COVID crisis and how the right tools helped him assess team composition. He also describes his methods for keeping both clients and team members satisfied, including the use of emojis and happy face charts.
Why does succession planning matter?
For Papin, the lesson is personal. His father's death shaped how he thinks about business continuity, and he stresses succession planning as a way to protect a business and the people who depend on it. He also connects personal finance to business outcomes: the money decisions an owner makes at home affect the company.
He explains the three-legged stool model of entrepreneurship, which emphasizes keeping a business in balance.
Key takeaways
- Combining legal, accounting and insurance expertise lets one advisor serve small businesses more completely.
- Technology makes a geographically spread-out team workable.
- The right tools help assess team composition, a lesson Chris Papin took from COVID.
- Succession planning protects a business when the unexpected happens.
- An owner's personal finances directly affect the business.
This article reflects Chris Papin's views and is not legal, tax or financial advice. Consult a qualified professional about your situation.
Free resource: Chris Papin offers free business tools and information on his Business Basics workshop at papincpa.com/listener.
Listen to Anika Jackson's full conversation with Chris Papin on Your Brand Amplified.
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