Today we’d like to introduce you to Lora Fickett.
Lora, please share your story with us. How did you get to where you are today?
My background is in Public Accounting. I am a CPA and have an MBA. I always loved math class. My father died suddenly when I was 14 years old and I used my abilities in math to work, save and do what was necessary to secure financing on my own for college. After graduation, I went right into public accounting and I got married. When we started a family, I left public accounting to raise my 3 children. I wanted to still make an income and so I started a direct sales business for the flexibility. I loved getting out, talking in front of groups and helping other people start their own direct sales businesses. I became an executive in the company and was rewarded.
Unfortunately, this business was mostly a night and weekend business and my children were now in school during the day. I was trying to get a divorce from my abusive husband, and so I went back to public accounting. This time around I didn’t enjoy my career as much as before. I missed speaking and coaching, so I started coaching people on the side whenever someone needed help with finances. As a single mother, I could not afford at this time to start my own business, so I remained in public accounting increasing my career. I re-married, had another child and we decided my husband would stay home with our son. I realized that my passion was still for coaching and helping and I needed to follow that passion, but how could I start a business with me being the sole income earner in the family?
My final position in public accounting as a controller proved that I was not a good fit for the firm I was working with and so seeing the “writing on the wall” that my time there was limited, I began to figure out a way to start a coaching business. My services were speaking engagements and private coaching, but those services alone did not currently replace my income as a controller. I was fortunate enough to meet a woman, Chellie Campbell, who was coaching a Financial Stress Reduction® Workshop in California that she developed 26 years ago. I loved the 8-week structure, the material and since it was a group workshop, the cost was a manageable amount for most people. I asked Chellie if I could coach this on the East Coast and she agreed.
I now had all the services I needed to start a successful coaching business and reach a wider range of people. I started to plan our personal finances accordingly to be able to venture out on my own. After I was able to assist the public accounting firm through their year-end accounting, and they had decided to hire an individual for a similar position to mine, I knew the time had come to depart public accounting and start my business! I helped so many people improve their finances and their lives with my coaching, it’s truly my calling in life!
Overall, has it been relatively smooth? If not, what were some of the struggles along the way?
No roads are smooth living in New England, there are potholes everywhere! There have been many struggles along the way. I am the youngest in a family with 7 children and money was tight. When my father passed away money got even tighter. I applied for so many college scholarships, I’m lucky I didn’t get carpal tunnel! Then my first marriage was physically and mentally abusive and after divorce, I was a single mother of 3 young children.
Post-divorce litigation has been brutal and my ex-spouse doesn’t pay divorce obligations or stay current on child support, so I’ve represented myself in the family and probate court, the appellate court and as a creditor in bankruptcy court. Starting my own business was a struggle because it meant walking away from a lucrative career in public accounting and not knowing if I could replace the income. I am thankful that I know how to handle finances well and it has helped smooth out some of the road and now it’s my mission to give people the same tools to smooth out their roads!
Please tell us about Fickett Financial Coaching.
I am a Financial Stress Reduction® Coach and I help individuals and business owners make more money, manage the money they make better, and retain some of it to build wealth. I do speaking engagements for groups and corporations and I’ve been called “The Money Motivator” because I motivate audiences to take action and take control of their finances! I offer private coaching services to those that need someone to work alongside them and help them with their specific financial issues.
I offer 2 workshops that are great ways to increase your financial education in a group setting for a set fee. The young adult workshop is held live for 2 Saturday morning sessions and focuses on giving children ages 12-19 a good foundation in finances. The Financial Stress Reduction® Workshop is an 8-week telecourse that really helps people transform their financial future. Participants are given easy to implement tools that provide results immediately in their life. This workshop has a guarantee or it’s free!
I am most proud of the clients that put in the work and share their results. It’s a great feeling to help people increase their finances as money is something we use every day. I think what sets me apart from other’s is my goal is my passion to improve the lives of my clients and teach them tools that will help them be successful forever.
If you had to go back in time and start over, would you have done anything differently?
I am happy so if starting over meant I might be on a different path, then I wouldn’t change a thing. If I could make some small changes and still end up where I am today, I would tell my younger self to worry less and start practicing positive affirmations sooner. When I encountered bumps and bruises along the way, I would have told myself at the time that all of those rough patches were actually to help build my character and work to try and find more joy in the turmoil. Lastly, I would have started a financial coaching business sooner, because so many people did not have anyone to turn to for their daily financial stress before I started my business and I want to be there for them.
- Website: www.LoraFickett.com
- Phone: 978-235-4033
- Email: Lora@LoraFickett.com
- Facebook: https://www.facebook.com/FinancialStressReduction/
- Yelp: https://www.yelp.com/biz/fickett-financial-coaching-littleton