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It's Not About Business or Property
Season 1 · Episode 77

It's Not About Business or Property

The Investor Lab

December 2, 20201h 1m

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Show Notes

Most of us all want the same thing: more time, more freedom, more money.

And so, you create a business that you hope will give you the kind of life you’ve always wanted to have…

A business that thrives and one you’re excited to wake up to in the morning.

But ask yourself: will you still be manning that business 10 or 20 years from now?

Will you still be elbows deep in that business or sipping on your favorite drink at a beach and living your dream life?

What does your endgame strategy look like?

 

Today’s episode of the Property & Business series is all about working towards your endgame strategy and achieving a life of passion and success. 

We’ll also be talking about the volatile nature of business…
How diversity is an integral element of a business’ growth… 
Why acting out of scarcity creates a business owner’s nightmare...
And lots more!

See you on the inside!

 

In this episode we cover:

  1. Why build wealth outside of business? [05:33]
  2. Survival rate of the internet media industry [08:47]
  3. If you only had your business, how would your endgame strategy look like? [12:51]
  4. Is a clear endgame even viable in business without diversification? [16:55] 
  5. There isn’t a one-size-fits-all strategy for business growth [25:20] 
  6. A business owner’s dread: Working with clients/projects due to financial need [29:04]
  7. Acting out of scarcity creates a business owner’s nightmare [32:23] 
  8. We may want it all - but always remember what your actual goal is [34:04]
  9. Apart from time, money, and freedom, the goal is to be calm [37:06]
  10. What changes in business operations when revenue is not an issue? [40:03]
  11. A business owner’s endgame is to live a life of passion [42:23]
  12. Business is a short to medium term strategy [44:35]
  13. To achieve your goals, be a gardener [45:57]
  14. Consider exit strategies outside of business [47:02]
  15. The majority of business owners don’t know how to do business [51:10]
  16. To run a business, you need to work hard and gain the necessary skills [54:48]
  17. Align your business functions toward your legacy [56:08]

 

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