In this engaging and candid interview, Alex Davis, the founder of AGA Tax Consulting, shares her journey from side hustler to full-time entrepreneur. She opens up about the challenges and rewards of running her own tax and financial consulting business, offering valuable insights into the realities of entrepreneurship, work-life balance, and the importance of mental wellness. If you’re an aspiring entrepreneur or interested in financial literacy, this video is packed with relatable advice and inspiration.

Choosing to Bet on Herself

Alex begins by discussing her transition from working in public accounting to starting her own business. Initially, her tax consulting business was a side hustle while she worked full-time in public accounting. However, the demands of her job, combined with raising two children, led her to take the leap into full-time entrepreneurship in 2021. Encouraged by a coach and motivated by the desire to focus more on her family, Alex made the bold decision to leave her corporate job behind.

The Reality of Entrepreneurship

Alex candidly shares the challenges she faced in her entrepreneurial journey, from the grind of working long hours to the mental toll it takes. She emphasizes the importance of having a strong support system, including a coach who played a significant role in her growth. Alex also highlights the difference between the corporate world, where pay is consistent, and entrepreneurship, where income can be unpredictable. This segment offers a raw look at the ups and downs of running your own business, particularly in the early stages.

Finding Balance and Taking Breaks

Understanding the importance of balance, Alex talks about her decision to take a sabbatical after transitioning to full-time entrepreneurship. With the guidance of her coach, she built in time for a break, allowing her to reset and refocus on what she truly wanted to achieve. Alex explains how this period of rest helped her gain clarity and set the stage for the next phase of her business. She also shares her experience with breathwork, a practice that has helped her maintain mental clarity and stay grounded amid the pressures of business ownership.

Achievements and Future Goals

In 2021, Alex was honored as a finalist for the Sarasota Chamber Small Business Awards for Minority-Owned Business of the Year. This recognition was a significant milestone for her, validating her hard work and dedication to her craft. Looking forward, Alex envisions expanding her role as an educator in financial literacy and tax planning, aiming to help more people understand and manage their finances effectively. She plans to continue hosting workshops and speaking engagements, as well as releasing her second book in October.

Tips for Choosing the Right Financial Advisor

Alex offers practical advice for selecting a trustworthy financial advisor, emphasizing the importance of working with someone who has the proper credentials and experience. She also stresses the value of open communication and finding an advisor who takes the time to understand your unique needs and goals. This guidance is particularly useful for anyone seeking professional help with taxes and financial planning.