Not every entrepreneur can boast having had an industry-changing business idea by the time they turned 21. Nevermind launching and scaling several successful companies by the time they turn 24. Evan Tsaboukos, a young entrepreneur from Australia, has done both. The founder of The Cash Kings has reached numerous major business milestones already, but he says he's just getting started.
Tsaboukos launched his first company while studying toward an engineering degree. Like many other business owners, his idea came to him naturally, as he saw a market gap in an area of his life that could be filled. This particular gap was in the sports and horse arbitrage and investing industry. Thanks to his incredible grasp of mathematics and ability to apply those skills to his own investment strategies, Evan was able to make multiple six figures within the first three years. That also gave him insight into how skewed the industry was, how little Australians knew about winning through proper, statistics-backed strategies, and how easily they made common investment mistakes.
The Cash Kings was the result of that insight, as Evan decided he wanted to create a platform that Australians can use to improve their investment knowledge and skills. Now, the platform boasts over 100 hours and easily over 100,000 words of content across the board through its educational courses. This is also what differentiates the brand so well from similar competitors in the field. "All the competition in this industry does the same thing. They only provide software and tools, but don't put a focus on building a unique community and the education side of things. That is where we come in; we put a large focus on education. No one in the industry provides as much learning content as we do," he explains.
But providing a good product or service is only half the battle won, as any entrepreneur will know. Evan learned some essential lessons early on, part of which is the importance of being backed by a good team.
The other crucial part is choosing people over money, as strange as that may sound. He uses the example of a client who wanted to sign up on The Cash Kings platform, but they didn't have the right mindset for it. The person was a problem handicapper, and Evan could tell that their old habits would rear up again, even if they followed the program step by step. So instead, Tsaboukos referred them to a place where they could seek help for their addiction.
"I have also had numerous clients wanting to join our premium services after completing the Elites System, but their bankroll was not large enough. It is stupid letting a potential client join a system which they don't have the funds for," he adds. Evan wants to provide long-term support for his clients, not take their money, and set them up for failure, which is a quality that instantly sets him apart from many of the other platforms in this industry.
Right now, Tsaboukos is focusing all his efforts on growing his four Australia-based companies, Cash Kings Central, Cash Kings Betting, Cash Kings Forex, and Mining Store, but would like to expand the Cash Kings name into a worldwide brand. Follow Evan on Instagram at @evan.tcks to keep up with his life and get some investing advice along the way.
