EP 004: Creating Wealth Goals as a Business Owner — What’s Enough?

Creating wealth goals should be treated as the north star of your journey.

Let me explain…

Imagine you decide to take a trip.

You head off to the airport and catch a plane.

The flight is fantastic!

Hassle-free check-in, top-notch in-flight entertainment, no turbulence, and to top it all off, a great landing.

But… When you land you notice something is off.

You’ve arrived in New Zealand… when you wanted to be in the UK.

No matter how awesome your journey was, you would be gutted if you ended up in the wrong destination.

(Not to mention the costs you would incur to fix the mistake.)

Well, that’s exactly what happens to most business owners when they don’t set their wealth goals.

They think flying more = winning

When in reality, getting to the right place is much more important.

You see, building wealth isn’t about mindlessly accumulating more and more… 

It should be a conscious investing effort that leads to a specific goal.

So, how do you chart the course for your wealth creation journey, and how do you know you’re on track?


DISCLAIMER
: All information we share is NOT financial or investment advice and is purely intended for entertainment and educational purposes only. Always seek professional advice before acting on any financial decision.

Episode Highlights:

00:00 Introduction
02:18 How setting business goals is parallel to creating wealth goals
04:30 Why is it important to create a wealth goal?
06:01 Barriers hindering business owners from creating wealth goals
08:03 How to break the money taboo
10:27 Taking responsibility for building your wealth
15:05 How Charley set his wealth goal
20:41 How Grant set his wealth goal
26:46 It’s okay to change your goal
29:01 Progress happens when you make a decision

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