The Lifestyle Investor - Investing, Passive Income, Wealth cover image

132: Rewriting the Rules of Wealth Building with Charles Schwartz

The Lifestyle Investor - Investing, Passive Income, Wealth

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How to Sell Your IT Business

The first 10 years I never wanted to sell it. I had tons of options. And I was like, why would I sell it? I'm making six figures. I'm not doing any work. It wasn't until again, my grandfather stepped in and he asked me, Why aren't you retired? He said X minus Y plus Z is how much a person can live on. At the time, again, just randomizing numbers. Let's say I was making $185,000 a year. It would cost me $75,000 to hire someone else. So I gave my 10 grand bonus. That became the, how do you put systems in place? How do you do

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