This episode of A Founder’s Life is brought to you by Thankz — helping founders scale with reliable remote talent. Get $1,000 off your first month by emailing founders@thankz.com with the subject line Founder’s Life.
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👤 Connect with Today’s Guest – Sean Shanks
- Website: moneywisepayroll.com
- LinkedIn: https://www.linkedin.com/in/sean-shanks/
What does it look like to take over a business you didn’t start — and make it your own? For Sean Shanks, it meant stepping into leadership at just 26 years old, learning through failure, and rebuilding a company from within.
Sean is the President and CEO of MoneyWise Payroll, a Virginia-based company that now serves 450 small and medium-sized businesses across 39 states. In this episode, he opens up about his unexpected path to entrepreneurship, overcoming addiction, and how coaching, structure, and humility helped him become a stronger leader, father, and person.
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⏱️ Timestamps
0:00 – Intro & sponsor (Thankz)
0:38 – Meet Sean Shanks: President & CEO of MoneyWise Payroll
1:27 – From paper routes to payroll: early lessons in hustle
3:10 – Becoming CEO at 26 without formal business training
4:35 – Losing the company’s founder & buying the business from his family
6:00 – 24 years at MoneyWise: turning a legacy into his own
6:43 – Family life: marriage, raising three kids, and teaching ROI-based decisions
9:29 – Sobriety and the health habits that saved his life
11:50 – Why personal health is the single biggest business risk
13:10 – Training for triathlons & tracking recovery data
14:30 – Defining balance: structure, scheduling, and family time
18:15 – Pivotal moment: choosing sobriety & discovering the power of coaching
21:42 – Advice to aspiring entrepreneurs: find peers and ask for help
23:30 – How self-improvement parallels leadership at home and work
24:43 – Where to find Sean (MoneyWise Payroll, LinkedIn)
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