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
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.
