The “Game Plan”
Wealth Equation đź“–
- Wealth Accelerator: Asset Value (of company)
- Wealth creation is driven by:
- Net Profit = Units Sold x Unit Profit
- Asset Value = Net Profit x Multiple
Create Wealth by... 🏗️
- Building successful and/or high growth companies.
- Doing so enables you to achieve 1.) a high net profit potential and/or 2.) a high multiple.
- Both of which drive the valuation of your company, and in turn your personal wealth as an owner of the company đź’°
Key IdeasBuilding companies has unlimited potential for wealth creation 🧗🏼We live in times of huge technological change, providing plentiful entrepreneurial opportunity 🚀However, some words of caution are needed 🚧
- Entrepreneurship is THE road to becoming “rich”, i.e. achieving “financial freedom”.
- Most of the world’s richest people built their wealth via entrepreneurship either directly or indirectly (have a look).
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- That’s why you’re able to disconnect your inputs from your outputs via successful entrepreneurship (why?).
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