Most of us have worked hard and saved carefully to accumulate the assets we have. Amassing wealth is one part of the equation — keeping and growing it is another. That’s a goal all of us have in common, no matter what our tax bracket. So, how do we grow our wealth and have a regular cash flow?
Let us learn about entrepreneur Kendall Fontenot-an ace businessman cum influencer known for his marketing strategies who achieved his goal of financial freedom ahead of schedule, having started his entrepreneurial journey at a very young age!Kendall Fontenot is the proprietor of the largest minority-owned Buy Here Pay Here (BHPH) car dealership in Louisiana.
In today’s world everyone is in a rat race to become an entrepreneur; so much that they forget the basics and keep failing until the day they stop. Not everyone has been as successful as Kendall Fontenot, who is a genius when it comes to entrepreneurship and helps people to not only expand their businesses but also to cope up with their failures.
Entrepreneurship is not for the faint of heart, and Kendall Fontenot is living proof of this. Over the years, Fontenot has founded businesses in various sectors. Even as early as seven years old, he was selling pencils to his second-grade classmates. It was this small, yet ambitious business that taught him that he could make money doing anything, so long as he tried hard enough.
As the Founder and CEO of Ultimate Autoplex, Fontenot provides opportunities to the residents of Baton Rouge, and surrounding areas, that may not have otherwise been available. Having dealt with banks in the past, he learnt that using his own capital to grow his business and lowering his overhead was the best way to succeed. Unfortunately, he often saw opposition from banks when running customers’ applications at his “buy here, pay here” used car supercentre. Many banks were not approving his customers, making it impossible for him to finance and sell any cars. It was then that Fontenot had the idea to change the car buying experience, and instead began offering in-house financing to all credit types, even those with either no history, or bad credit.
Fontenot’s goals have always been to achieve wealth, retire with his family, and live in financial freedom. He is well on his way to realizing his goals, having made his first million by the age of 20. His philosophy is that any closed door can be opened if one knows how to knock correctly.
In addition, Fontenot has authored several books that are available on Amazon. He is also getting ready to venture into the restaurant franchise business. His first Checkers/Rally’s franchise opened in December 2021.
These are all accomplishments that Fontenot has achieved before even turning 35 and it is only the beginning. He is extremely passionate about business and is inspired by mentors such as Farrah Gray, Grant Cardone, and Rick Ross. From selling pencils at a young age to selling cars and opening restaurants, Fontenot is setting the precedence for young millionaires.
According to a recent interview, he has been quoted as saying that the biggest lesson that entrepreneur Kendall Fontenot has learned has been that if you don’t believe in yourself, no one else will. He shares this advice with those who are venturing into the entrepreneurial world and starting their own business. If he hadn’t believed in changing the car buying experience by using in-house financing, he wouldn’t have the residual income he has today. To Fontenot, success takes believing in the overall goal of your business and growing at your own pace – not at anyone else’s. Fontenot’s entrepreneurial mind set has earned his dealership the title of the largest minority-owned “buy here, pay here” dealership in Louisiana.
“It might sound deceptively simple, but to bring your dreams to life, you need to know exactly what you want. Those who complain that they do not have the life they want often cannot provide a clear answer as to what they do want,” explains Kendall Fontenot. He adds, “In order to achieve your goals, they need to be very explicit and clearly defined. For example, if you want to open a restaurant, you need to know what kind of restaurant. If you have a passion for Italian food, there’s your answer. If you want to start a website, base that website around something you are knowledgeable and passionate about.”
On social media, people are always on the lookout for someone they can trust to guide them through the investment process. Savvy influencers like Kendall Fontenotknow how to create these meaningful connections by generating emotion, closeness, and confidence. No wonder he has more than 131K followers on Instagram in such a short time. He traditionally builds his audience’s trust by forging more personalised relationships with them and cultivates this intimate relationship through immersive and engaging posts, all the while inspiring his followers and acting as a link between them and his business.
On social media, entrepreneur Kendall also undertakes live sessions where he answers people’s queries. He sits with his clients and talks about how his/her business can make him money. He says, “In today’s world, making money is not very difficult. All you need is self-discipline and dedication towards your goals; rest, follow my steps and you will be there in less than 12 months, God Willing.”If you are struggling with your Businessbreakthrough, then entrepreneur Kendall is the person who can help you master it. Kendall- the sassy entrepreneur, believes that each and every one of us has at least one such quality which can make all our dreams come true. It is for us to identify that skill and sharpen it so as to get the most out of our lives.
