By Paul Adams, an EO Seattle member and President of Sound Financial Group
During my 16 years of helping professionals and entrepreneurs plan for the future, I have come up with three assumptions that prevent most entrepreneurs from building a robust, personal balance sheet as they build their businesses. They are as follows:
- My business is the best possible place for me to invest my money
- Upon the sale of my business, it will give me enough assets to retire
- Anyone who disagrees with the above two points cannot be listened to or trusted, or they do not understand what it means to be a business owner