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 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