Retirement. There I said it. Yes, I know it's a dirty word. But it's something we need to talk about.
Are you sacrificing your retirement for your business?
Imagine it. One day you will exit your business. As a small business owner you must have a profit goal which is different from your income goal. Your income goal is how much money you receive from your business based on the services you provide as a leader, manager and executive. This is a business expense.
Your profit is your sales in excess of your expenses, Profits must be invested. Therefore, profits create the need for an investment portfolio.
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