How To Become A Wealth Multiplier with Jeff Badu
Jeff Badu is a parallel entrepreneur and a wealth multiplier. He’s a Licensed Certified Public Accountant (CPA) and the founder and CEO of Badu Enterprises, LLC, which is a multinational conglomerate that owns several key companies. His marquee company is Badu Tax Services, LLC, which is a CPA firm that specializes in tax preparation, tax planning, and tax representation for individuals and businesses. Another key company is Badu Investments, LLC, which is a real estate investment company that acquires residential and commercial rental real estate properties in areas such as the South Side of Chicago in efforts to restore traditionally underserved areas. What sparked his interest in launching these companies is his passion for helping people minimize their tax liability and ultimately multiplying their money by investing it and building multi-generational wealth. His purpose in life is to inspire and support the super hungry to take hold of infinite resources in order to create an abundant lifestyle.
He’s extremely passionate about financial literacy and currently hosts various financial literacy workshops throughout the country. He’s a public speaker and his overall mission in life is very simple: to make a lasting positive impact in as many lives as possible, especially when it comes to their finances.
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Brett:
I’m excited about our next guest. He is an entrepreneur and wealth multiplier. He's a licensed CPA, and the founder and CEO of Badu Enterprises LLC, which is a multinational conglomerate that owns several key companies. His marquee company is Badu Tax Services, which is a CPA firm that specializes in tax prep, tax planning, and tax representation. He also has a love and passion for commercial real estate and investing which he has Badu Investments all out of the area of Chicago land, please welcome the show with me, Jeff Badu. Jeff, how are you doing today?
Jeff:
I'm doing pretty good, Brett. How are you doing?
Brett:
Good to have you on the show for our listeners to get to know you for the first time. But you give us a little bit more about your story and your current focus.
Jeff:
I was born and raised in Ghana, which is on the west side of Africa, and I came to the United States when I was eight years old. I came to the US when I was eight years old, and when I was growing up in Ghana, life was pretty good. There was nothing that was bad or crazy or anything like that. I got exposed to entrepreneurship pretty early. I became an entrepreneur, or I essentially saw a lot of entrepreneurs early in the process. I saw, for example, there were people that were out on the streets that were selling apples, oranges, clothes, shoes, technology phones, whatever it took. At first, I was like, these are people that are actually selling items to produce income produce money, and that's perhaps how they make their living, and so when I was saying that I had the entrepreneurship spirit awakened in me. I was the guy that if you handed a piece of candy bar to, I would literally say thank you, for giving me a candy bar, and then I would go out and sell it on the streets. I was the kid that will literally if you gave me a candy bar, I would also go out and sell it on the streets, and so I became exposed to entrepreneurship very early.
Right now fast forward to when I came to the United States when I was eight years old, and I was migrated here with my older sister. My parents were already there. My dad came here, won the immigration lottery. My mom also came here went won an immigration lottery. Then the kids eventually follow soon. Ultimately, that's when life, unfortunately, took at the home center. Unfortunately, for me, I was put into a neighborhood called Uptown, which for those that don't know. Uptown is at the time was not the best neighborhood to put a young child, especially someone who just came to America. an eight-year-old, and uptown was surrounded by violence, crime, robberies. All types of crazy things that you would not want anybody to be involved with, and unfortunately for me. I had friends that were involved in these things, like the friends that I surround myself with, were the people involved, and the thing is with life, show me your friends and assure your future. You are the average of the five people you surround yourself with, unfortunately, my friends, at the time were those involved in these activities. I eventually became one of them as well. life was very, very tough from the age of eight through 16. But thankfully, at the age of 16, a turning point happened in my life. It's funny how every eight years of my life, something, drastic happens. I took a trip back to Ghana with my family, it was just a vacation.
Little did I know that's when I discovered my purpose in life, which is to inspire and support the super hungry to take hold of infinite resources in order to create an abundant lifestyle, and how I got about that purpose was ultimately I saw I finally understood the struggle I finally understood why people were selling apples, oranges, clothes, shoes, whatever it took to make ends meet because they have to do that to feed their families. Right in that if they literally if they were not to do that. Things, they will not be able to put food on our table for themselves nor for their families. For me, I wanted to be able to help out with that I wanted to be able to help out super hungry individuals, people who are internally motivated. so that they can be able to take hold of the infinite resources we have on this planet. In order to create an abundant lifestyle, instead of selling those things on the streets. Well, how about we put a team together so they can sell it on our behalf. Where they make money, we also make money at the same time. That was a turning point in my life, everything changed.
After that, I basically work 10 times harder, my grades got better in school, and ultimately, I wanted to make a massive impact. I got closer to my faith, my spiritual life got much stronger. I started going to church every Sunday, I got involved with my youth group at church, and I became a youth leader as well, and so with all that being said, life became a lot better became more positive, when I came back to the US eventually got accepted into the University of Illinois, Urbana Champaign, actually was a very, very first person from my high school, Uplift Community High School to get accepted, and then that's when I went on to, go to college, and, I'm sure we'll probably touch on other aspects of the story. But that's part of my upbringing, up to when I essentially got into college.
Brett:
Inspiring and an amazing story. Jeff Badu thank you so much for sharing that. I want to try to pull out some themes along with the show, as we're talking about how to become a wealth multiplier in different ways. As we go, by the way, if you want to connect with Jeff Badu right now as a CPA, you go to JeffBadu.com, it's JeffBadu.com. Jeff, before we get into the show, though, and the details of how to become a wealth multiplier, I want to take one other step back, and I want you to go back to perhaps, the 16-year-old Jeff. I believe we've all been given a certain gift in this life. Some people call strengths, some people call them superpowers. I do believe their God-given gifts and then be given to us to be a blessing and help to others. I'm curious, what are those one or two gifts that you believe you were given? How does that help how you help and bless people today?
Jeff:
It's a great question. I've been given the gift of being a financial healer and a wealth multiplier. Someone who can literally allow someone to take. Let's say, $1 and be able to multiply it into more, and the thing about wealth, by the way, is not just on the money aspect, it's about total abundance, total well being essential, meaning your spiritual life, your emotional life, your business life, your money, your financial life, and so for me, one of my gifts is I allow people to see more than what they think they can be. That's also part of my upbringing. Being able to start a CPA firm, the tax firm, when I had an uncle who told me, you can never be an accountant, people who look like you aren't successful accountants. I had someone tell me how you can never buy real estate. Now. We have over 125 units under our control in Chicago. There are all these doubts, there are all these naysayers, and you really got to stay away from those people. Because they will literally try to bring you down. One of my gifts is the opposite of the naysayer. I'm the guy why say why not do these things? Like how come you can't be greater than what you think you are? How come you can't start your business? How come you can motivate people with the things you do? I'd say one of my gifts is ultimately being able to show people how to be more than what they think they can become.
Brett:
Absolutely love that. Speaking life, peaking hope and wealth multiplier and all assets of all part of your life. Is that a fair summary so far?
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