The Investor Lab It's Not About Business or Property
Most of us all want the same thing: more time, more freedom, more money.
And so, you create a business that you hope will give you the kind of life you’ve always wanted to have…
A business that thrives and one you’re excited to wake up to in the morning.
But ask yourself: will you still be manning that business 10 or 20 years from now?
Will you still be elbows deep in that business or sipping on your favorite drink at a beach and living your dream life?
What does your endgame strategy look like?
Today’s episode of the Property & Business series is all about working towards your endgame strategy and achieving a life of passion and success.
We’ll also be talking about the volatile nature of business…
How diversity is an integral element of a business’ growth…
Why acting out of scarcity creates a business owner’s nightmare...
And lots more!
See you on the inside!
In this episode we cover:
- Why build wealth outside of business? [05:33]
- Survival rate of the internet media industry [08:47]
- If you only had your business, how would your endgame strategy look like? [12:51]
- Is a clear endgame even viable in business without diversification? [16:55]
- There isn’t a one-size-fits-all strategy for business growth [25:20]
- A business owner’s dread: Working with clients/projects due to financial need [29:04]
- Acting out of scarcity creates a business owner’s nightmare [32:23]
- We may want it all - but always remember what your actual goal is [34:04]
- Apart from time, money, and freedom, the goal is to be calm [37:06]
- What changes in business operations when revenue is not an issue? [40:03]
- A business owner’s endgame is to live a life of passion [42:23]
- Business is a short to medium term strategy [44:35]
- To achieve your goals, be a gardener [45:57]
- Consider exit strategies outside of business [47:02]
- The majority of business owners don’t know how to do business [51:10]
- To run a business, you need to work hard and gain the necessary skills [54:48]
- Align your business functions toward your legacy [56:08]
Links from the show:
- The 3 Keys to Building Wealth Outside of Business for Business Owners (http://dashdot.info/outsideofbusiness)
Connect With Us:
- The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity)
- Dashdot Buyers Agents Website (https://www.dashdot.com/au/)
- Limitless: The Renegade’s Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com)
- Ready to work with us directly? (https://dashdot.as.me/discoverycall)
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