Financially Simple

Why Should a Business Owner Invest in Assets Outside of Their Business

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Sinopsis

In episode 200 of Financially Simple, Justin revisits the topic of investing outside of your Business. As a Business Owner, most of your wealth is tied up in your business and you plan on unlocking that wealth when you decide to sell or retire - but what if you can't sell, or don't get the best possible deal? Justin gives a quick revision on why you shouldn't invest exclusively in your business and should look outside of your business for investment opportunities. Don't forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening! _________________   TIME INDEX: 00:42 - Financially Simple: 200th Episode 02:46 - Why Should a Business Owner Invest in Assets Outside of Their Business? 06:21 - Some Stats 09:33 - Some Interesting Numbers 11:49 - Plan B 13:17 - Having All Your Eggs in One Basket 15:20 - Tax ROI 17:19 - Summary _________________   RESOURCES: Financially Simple Educational Website Financially Simple on YouTube Subscribe to the Financially Simple Newsletter NEW Book: