Cover art for podcast Financially Simple - Business Startup, Growth, & Sale

Financially Simple - Business Startup, Growth, & Sale

100 EpisodesProduced by Justin GoodbreadWebsite

The Financially Simple podcast provides information, guidance, and support to Small Businesses in the United States. Host Justin Goodbread is a serial entrepreneur, CFP (Certified Financial Planner), CEPA (Certified Exit Planning Advisor), CVGA (Certified Value Growth Advisor), Investopedia Top 100 … read more

19:36

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

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!

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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

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RESOURCES:

Financially Simple Educational Website

Financially Simple on YouTube

Financially Simple podcasts are recorded on a Blue Yeti Microphone & Samsung Notebook 9.

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NEW Book: The Ultimate Sale - A Financially Simple Guide to Selling Your Business for Maximum Profit

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BIO:

Host Justin Goodbread, Certified Financial Planner, Certified Exit Planning Advisor, Certified Value Growth Advisor. He is a serial entrepreneur, author, speaker, educator, Investopedia Top 100 advisor, and business strategist with over 20 years of experience. Justin owns Heritage Investors LLC, a registered investment adviser with the State of Tennessee. Heritage Investors only transacts business in states where it is properly registered or is excluded or exempted from registration requirements. This material is for general information only and is not intended to provide specific advice or recommendations for individuals. To determine what is appropriate for you, please consult a qualified professional. The Financially Simple podcast provides information, guidance, and support to Small Businesses in the United States.

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