Episode 89: Building Wealth With Your Business
In this episode we talk about building wealth as a business owner
Discussed in this episode:
Is investing all your money in your business a good move?Are you building a business to sell or for personal income or both?Start with the end in mindWhat is your big purpose and how do you balance that with growing your wealth?How wealth helps you fulfill your big purpose in lifeProfit is good, wealth is goodWe may not have a choice about when we stop working in our businessBuild your wealth in your business, in a holding company, or in your hands?Aiming toward your Power NumberYou have professionals help with your business, you need them in your life, tooIt costs more to not do proper planning and set upThe work you do to make your business more saleable, also makes it easier and more profitable for youNo one wants to buy a job that pays $40k/yr
In this episode we talk about building wealth as a business owner
Discussed in this episode:
- Is investing all your money in your business a good move?
- Are you building a business to sell or for personal income or both?
- Start with the end in mind
- What is your big purpose and how do you balance that with growing your wealth?
- How wealth helps you fulfill your big purpose in life
- Profit is good, wealth is good
- We may not have a choice about when we stop working in our business
- Build your wealth in your business, in a holding company, or in your hands?
- Aiming toward your Power Number
- You have professionals help with your business, you need them in your life, too
- It costs more to not do proper planning and set up
- The work you do to make your business more saleable, also makes it easier and more profitable for you
- No one wants to buy a job that pays $40k/yr
Join us for the Bottleneck to Breakthrough 5-Day Challenge, designed specifically for ambitious and growth-oriented business owners who are feeling overwhelmed and hitting revenue plateaus. In just 60 minutes a day, over the course of 5 days, we will provide you with the blueprint to go from bottleneck to breakthrough by reframing your relationship with time. This challenge will help you break through revenue plateaus, spend more time in your zone of genius, and build a more valuable business – even if you feel like you've tried everything and are time-starved.
Join the Bottleneck to Breakthrough 5-Day Challenge. Here's what you'll learn each day:
Day 1: Design Your Ideal Day
Day 1: Design Your Ideal Day
- Explore what your ideal day looks like as an entrepreneur and how to allocate your time based on entrepreneurial time rules
Day 2: Unlock Your Genius
- Shed tasks outside your zone of genius and focus on activities that energize and fulfill you
Day 3: Master Letting Go
- Analyze tasks and activities, determine their fit in your zone of genius, and understand the cost of holding onto them
Day 4: Leverage Your Time Blueprint
- Build a step-by-step process to shed undesired or time-consuming activities, explore delegation in a new way, and escape business jail
Day 5: Build Momentum
- Learn how to execute your ideal day by chunking down activities, overcoming forces of perfection, procrastination, fear, and ego, and amplifying growth drivers for your business.
Register at https://bottlenecktobreakthrough.com/
Creators and Guests
Editor
Shaun Whynacht
I’m the founder of Blue Cow Marketing and father of an amazing little boy. helping other business owners overcome challenges is my passion.
