Moving from being a business owner to an ex-business owner could be one of the more difficult transitions you'll ever make. This video will help you understand the four stages of transitions and what some of the pitfalls is in each of them are.
The largest asset you have is your ability to earn money. If that's true, why are you spending so much time working for crummy companies working for horrible bosses?
In today's video we're switching things around. Normally we talk about how to hire a great employee. Today we're going to talk about what you should do if you're looking to hire a great employer.
Here's a spoiler alert. It's the same except you do it backwards. Watch this video to find out what I'm talking about. And, leave a comment about what you think about this below.
In today’s video, I talk about what I call the winddown strategy. This is where you don’t even try to sell your business. Instead, you keep the 20% of your book of business that you love and make you a lot of money. You then find a home for the other 80% of your business, even if it means just giving this business away.
The last week has brought extreme volatility back to the markets. We’ve had several years where the market was going in one direction, and that direction was the one we like, increasing on a regular basis. In fact, it’s been two years since we had our last market “correction.”
This is a John Mauldin article you don't want to miss out on. If you think the jobs report last week was a good one, think again.
One of the longest-standing debates in investing is over the relative merits of active portfolio management versus passive management. With an actively managed portfolio, a manager tries to beat the performance of a given benchmark index by using his or her judgment in selecting individual securities and deciding when to buy and sell them. A passively managed portfolio attempts to match that benchmark performance, and in the process, minimize expenses that can reduce an investor's net return.
Each camp has strong advocates who argue that the advantages of its approach outweigh those for the opposite side.
I hate goals. Yea, I know we’re all supposed to love goals and be goal oriented for success. The truth is I did that game for years, and it never served me very well.
Every Quarter, Jerry Chafkin the Chief Investment Officer of our partner at Assetmark writes an excellent re-cap of what happened in the markets over the past quarter. This quarter is no different.
I often go to financial planning conferences, and the topic of planning for business owners comes up. When I listen to the solutions and methodology I see presented for business owners I often cringe.
You see, planning for a private business owner is not like planning for someone who works for IBM. It's much simpler planning for someone who is an employee versus someone like you who's an employer.
For the past several years I've been focusing on planning for business owners that works and provides a roadmap to financial freedom.