Selling your business can be a bad investment, if you do it for the wrong reasons.
Many people are selling right now and the industry is jumping on the bandwagon.
No one in the industry is standing up and saying, “Hold on! Maybe don’t sell yet.”
Selling your business can be a bad investment, if you do it for the wrong reasons. Click To Tweet
Selling Sounds Sexy
After you pay taxes and pay off debt, what you have left at the end may surprise you.
A client of mine approached me about an offer he received—like the pretty girl asking him onto the dance floor, he was gobsmacked by the proposition.
He had recently achieved many of his dreams with my guidance. Now he is taking significant time off, and his double-digit profit growth is accelerating.
He thought about the handsome payout he would receive, but he still had ambitions and plenty of runway.
So he decided to continue on his path of business growth.
After you pay taxes and pay off debt, what you have left at the end may surprise you. Click To Tweet
What Would You Do?
To explore your opportunities, I have written a three-part series for Landscape Management Magazine on an alternative approach to building your wealth, Warren Buffet style.
Read the first article here, and then let me know your thoughts.
Regards, Jeffrey Scott!
