PDQ Electric Shines in the Vegas Business Spotlight: A Journey of Success and Resilience

Published on November 30, 2023

Vegas Business Spotlight, the leading podcast showcasing the brightest minds and success stories in the Las Vegas business scene, is thrilled to feature Shane Hayes, the visionary founder of PDQ Electric, in its latest episode. With a remarkable journey filled with challenges and triumphs, Hayes offers valuable insights and wisdom gained from his experiences as he navigated the dynamic entrepreneurial landscape of Las Vegas.

In the engaging conversation with host Tim Knifton, Hayes provides an inspiring glimpse into his journey of building PDQ Electric into one of Las Vegas’ leading electrical contracting companies. From humble beginnings as a union employee to the decision to start his own business during the 2009 economic downturn, Hayes’ determination and passion for electrical work have propelled PDQ Electric to great success. With a focus on residential, commercial, and industrial projects, PDQ Electric has gained a reputation for its commitment to service and excellence.

Reflecting on his early days as an entrepreneur, Hayes shares, “I was a union employee, and when the economy tanked, I had a choice – either go to work for myself or become a troll underneath the bridge. Since I like eating, I decided to open PDQ Electric.” This bold move not only helped him secure his livelihood but also allowed him to fully immerse himself in his true passion: electrical work.

Over the years, Hayes has learned valuable lessons about running a business and adapting to the ever-changing landscape of Las Vegas. “Being based in Las Vegas wasn’t a choice; it was a necessity. This city offers diverse opportunities and a constant upward trajectory,” says Hayes. With an influx of people from different parts of the country and the world, PDQ Electric has positioned itself as an ideal electrician for clients from various backgrounds and locations.

As part of PDQ Electric’s commitment to staying ahead of the curve, Hayes has embraced the latest technology trends in the industry. He highlights the importance of LED lighting and its cost-saving benefits for both residential and commercial clients. By staying on top of technological advancements and leveraging grants and programs available, PDQ Electric aims to provide the best solutions to its customers while being environmentally conscious.

While sharing his insights, Hayes emphasizes the significance of networking and building meaningful connections within the Las Vegas business community. “Networking is crucial; you need to understand your customers and how to reach them. If you don’t put yourself out there and showcase your worth, the work won’t come to you,” advises Hayes. By actively participating in organizations like BNI (Business Networking Individuals) and maintaining a strong online presence through platforms such as Google and social media, PDQ Electric has expanded its reach and formed valuable partnerships.

Looking towards the future, Hayes envisions PDQ Electric becoming a top competitor in the industry while maintaining its commitment to providing excellent service and value to its customers. “I want to build customers for life. It’s not about the one big win; it’s about creating long-lasting relationships,” emphasizes Hayes.

As the episode draws to a close, Hayes shares his mantra for success, “Smile and have fun. If you’re not enjoying what you do, it’s time to find something else.” This positive and passionate approach has undoubtedly contributed to the success of PDQ Electric and made Hayes a respected figure within the Las Vegas business community.

To listen to the full episode featuring Shane Hayes, visit VegasBusinessSpotlight.com

https://pdqelectricnv.com/

About Vegas Business Spotlight:

Vegas Business Spotlight is a podcast dedicated to showcasing the vibrant world of Las Vegas entrepreneurship. Hosted by Tim Knifton and Marco Salinas, the show features interviews with local business owners, sharing their experiences, insights, and journeys to success.

About The Show Sponsor:

“Vegas Business Spotlight” podcast is proudly sponsored by RSVP Advertising Las Vegas, your premier direct mail postcard service in the heart of Las Vegas. With a commitment to delivering outstanding results and effective marketing solutions, RSVP Las Vegas specializes in helping businesses connect with their target audience through direct mail.

Visit their website at RSVPLasVegas.com to explore the range of direct mail services they offer. From designing eye-catching postcards to precisely targeting your desired audience, RSVP Las Vegas has your direct mail marketing needs covered. Their team of experts is dedicated to helping your business make a lasting impression and drive results.

Whether you’re launching a new marketing campaign, promoting a special offer, or aiming to boost brand awareness, RSVP Las Vegas is your trusted partner in direct mail marketing success. Contact them at (725) 333-8660, and their knowledgeable team will be ready to assist you.

Experience the power of effective direct mail marketing with RSVP Las Vegas. Trust their expertise and enjoy the benefits of reaching your audience directly. Visit their website or give them a call today to start your next successful marketing campaign with RSVP Las Vegas, your premier direct mail postcard service in Las Vegas.

https://www.rsvpadvertising.com/las-vegas

Kim Magdalein w/Magdalein Financial, Interviewed on the Influential Entrepreneurs Podcast: How Social Security Planners of America Helps Advisors Get Clients w/ Seminars

Published on November 29, 2023

Kim Magdalein discusses the success of seminars in the financial planning industry. 

Listen to the interview on the Business Innovators Radio Network: https://businessinnovatorsradio.com/kim-magdalein-w-magdalein-financial-how-social-security-planners-of-america-helps-advisors-get-clients-with-seminars/

Kim Magdalein began his career in the insurance industry in 1985, following a 15-year stint in the printing industry. After establishing himself in insurance, he took the leap to start his own practice in 2000. Two years later, he partnered with Eric Stratton and his son to build his practice over the next seven years. However, in 2008, he shifted his focus to his seminar marketing company, Seminars for Less. Today, he continues to successfully run Seminars for Less and can be easily reached through phone, email, or his website seminarsforless.com.

The episode delves into the correlation between competence and confidence in sales. When salespeople possess a deep understanding of their product and know what to say, it significantly boosts their confidence. This confidence plays a crucial role in closing sales. While it may not guarantee a 100 percent success rate, it is still far better than approaching sales without competence and confidence.

The host acknowledges the guest’s competence as a significant asset in the industry. Kim emphasizes the importance of accessibility, highlighting that simply waiting for an email response is insufficient, especially when time constraints like attending seminars or appointments are involved.

Another key point discussed in the episode is the importance of credibility in sales. While Mike Saunders recognizes Kim’s efforts in creating a positive image and understanding of his services, he also acknowledges that credibility cannot solely rely on personal claims. The guest emphasizes the value of using software that provides answers to questions clients didn’t even know they had, as it enhances the salesperson’s credibility in the eyes of potential clients.

The episode also touches on the effectiveness of using stories and examples during seminars. Kim mentions the popular saying, “Facts tell, but stories sell.” By presenting real cases and success stories, salespeople can engage the audience and make their message more relatable and convincing.

Furthermore, Kim emphasizes the importance of having a substantial body of work and a track record when it comes to marketing and testing different approaches. He explains that having a track record of past successes makes it easier to make informed decisions and avoid wasting time and resources on strategies that have already proven unsuccessful. He highlights the value of taking notes and learning from previous experiences, as it provides a solid foundation for future endeavors.

Kim said: “Credibility is an issue. When we’re in front of a group of people, you can’t fool them. And when they’re looking at you using software that gives them answers to questions that they didn’t even know they had, then you become very credible in their eyes. So that’s a big game changer.”

 About Kim Magdalein

Kim Magdalein entered the insurance industry in 1985. Opening a private practice in 2001, Kim marketed to retirees by means of seminars. He presented to over 800 audiences in the next seven years, producing $150,000,000 in annuity premiums. Kim left his practice to his two sons in 2008, continuing with a seminar marketing company, that he still owns producing over 17,000 seminars across the nation for financial advisors.

Learn More:  https://www.seminarsforless.com/

Steven Stratton, Principal of SMS Insurance & Financial Services, Interviewed on the Influential Entrepreneurs Podcast Discussing the Importance of Life Insurance

Published on November 29, 2023

Steven Stratton discusses his journey into financial services and the power of being of service in the insurance industry. 

Listen to the interview on the Business Innovators Radio Network: https://businessinnovatorsradio.com/interview-with-steven-stratton-principal-of-sms-insurance-financial-services-importance-of-life-insurance/

Steven Stratton entered the financial services industry after owning a small trucking company in Southern California. In the late 70s, he and his business partner operated a trucking company that specialized in transporting motion picture films around Hollywood. Unfortunately, tragedy struck when his partner died in a car accident, triggering their buy-sell agreement. Regrettably, Steven did not have an advisor or insurance in place to fund the buy-sell agreement at that time. Consequently, he had to compensate his partner’s family for his share of the business, which ultimately led him to sell the company to his best customer, an air freight company. This experience dealt a devastating blow to Steven as a young entrepreneur, but it also served as the catalyst for his transition into the financial services industry. A few years later, his life insurance agent suggested that he consider joining the industry. Still grappling with the loss of his company, Steven made the decision to embark on a career change and explore opportunities in the life insurance sector. He began his journey as a customer service clerk, assisting orphaned policyholders who had insurance but no agent. This initial experience of providing service laid the groundwork for his successful career in financial services.

The podcast episode highlights the significance of being of service and delivering value before expecting anything in return, drawing inspiration from the book “The Go-Giver.” During the episode, guest Steven Stratton shares his personal journey in the life insurance industry, emphasizing his initial focus on providing service to orphaned policyholders. This approach aligns with the principles discussed in “The Go-Giver,” which emphasize building relationships based on trust and mutual benefit through a focus on helping others and delivering value. Adopting this mindset shift can lead to more fruitful interactions and ultimately contribute to long-term success in business.

The episode also underscores the importance of life insurance as a vital component of asset protection and accumulation strategies. However, it highlights the unfortunate reality that many individuals neglect to insure their lives or income. While people often prioritize insuring their cars or homes, they fail to recognize the significance of insuring their own lives and income. Steven suggests that individuals should prioritize life insurance as a fundamental cornerstone of financial planning, just like homeowners’ insurance and auto insurance. Neglecting to insure one’s life or income can leave individuals vulnerable to financial risks and potential losses. Therefore, it is crucial for individuals to recognize the value of life insurance and ensure they have adequate coverage to fulfill their commitments to others and safeguard their assets and accumulation strategies.

Steven said: “Life insurance is probably one of the most important parts of protecting one’s assets and accumulation strategies. It can be used for both. Oftentimes we’ll insure our car, but we won’t insure our life or we won’t insure our income. At least individuals aren’t talking with somebody to explore those things. Life insurance beneficiaries never ask what kind it was. So, the kind it is isn’t that important. The amount is what’s important. A beneficiary just wants to know that the insured person paid the premium. So, I start as a fundamental cornerstone of planning to make sure that, people have homeowners’ insurance and auto insurance and that they’re efficient with what they’re purchasing and then to make sure that they have life insurance to fulfill their promises to others.”

 About Steven Stratton

From 1979 to 1984, Steven owned a small transportation company in Southern California. He lost his business partner in a tragic auto accident. Unfortunately, he had an “Unfunded” Buy-Sell agreement and was forced to sell their company to pay his business partner’s family and fulfill his partnership obligation. He has leveraged this experience and other life events to assist his clients and colleagues since 1984.

Since 1984, he has been a licensed Life Insurance, Long Term Care, and Disability Income Specialist.  Additionally, he is an RIA, Registered Investment Advisor representative working with Individuals, families, and small business owners concerned with protecting those they love, care about, and are responsible for. He focuses on the design and implementation of protection and wealth accumulation strategies.

Investment Advisory Services are offered through Cornerstone Securities LLC.