Archive for the ‘Financial Pathways’ Category

What do you want to be doing now so you could be building wealth in the future? This question could be considered at various times in our lives. We asked Wealthy Business Owners how they got there. (Some of these Owners had five or six businesses.) Here is what we found out.

Wealthy Business Owners have three things in common. One, they all had some type of education or experience applicable to a business. Second, they actually had ownership in some form of business. Third, they understood how business value led to equity and how to leverage it. Are you on a financial path to use leveraging equity for wealth?

Nobody has ever made it big with a job. And a typical job, especially a government job does not lead to equity ownership. Sure there might be some stock options and experience gained but usually not equity for leveraging. Even a side business is better than no business. If the business is based on fundamentals of business value (faster vehicle).

There are many vehicles (some with business value) that could eventually bring you wealth. Here are some tips to make sure you are on the financial path of leveraging: First, get to know a Business Broker or Immediary to know what savvy Buyers are looking at in a business. Second, implement an earnings move with your business bringing three times the return over a typical sales strategy. And finally, have the end in mind of “business value”. Since, a business sells on the average of every 3-5 years. Like a home sells every 7 years or car 2.5 years.  We all want to retire wealthy so have the right vehicle and get it going fast.

See chart below on how using leveraging equity is possible in some financial pathways and not in others.

How are you building equity so leveraging thereby getting ahead faster? Or are you following a path that does not lend itself to building equity? Many individuals are interested in purchasing a business as an investment to build equity(then leverage) but have not been able to find the right mix of price, value and interest. Owning an Executive Consultancy focused on business value turns the tables and puts you in the roll of a trusted Advisor with inside knowledge of the business operations and when and how a sale is going to occur. If it’s a business you want to purchase, you will be right where it happens. It also brings you business value concepts that you would not learn anywhere else while helping others become successful.

The Executive Consultancy has a proven system along with best practice tools, training and teams for your success. Why not start building your own equity? Hint: It is always better to be working while looking for a job. Click for more details about an Executive Consultancy.