Like most business owners, you got into business for several reasons – more freedom, more choices and to have a better quality of life than if you had just stayed in a job.
However, the reality is probably very different!
You’re probably working longer hours, you’re the last person paid (and good chance that you’re paid irregularly…only when there is profit!) and you have sacrificed time, opportunity, money and wealth to get your business to where it is today.
So how do you make all your sacrifices pay off?
How do you turn your business into the dream that you first imagined?
It may sound harsh, but at some point you’re not going to be able to work anymore.
Everyone is going to get older and not able to work for money. It’s just a reality. What then?
Think about this for a second.
How well prepared are you for this?
The reality is if you haven’t become financially independent and financially free, when it comes time you can’t work anymore..
- How are you going to pay your bills?
- How are you going to eat?
- How are you going to provide for your family?
Without having a firm financial plan in place you’ll need to rely on family, friends, government or charity.
No matter how successful you are in your business, what really matters is your ability to bring enough
money OUT of your business to create personal financial freedom separate from your business.
“At the end of their useful working life, 80 percent of business owners end up closing their doors without drawing enough money from the business along
the way to create their own financial freedom or setting up the business in a way that it can sell for enough to fund their financial freedom.”
Ivy loves to help purpose driven people especially those from the school of hard knocks. Having that background herself, she understands. Her passion is helping people to create personal financial freedom for themselves and their families.
IVY DOS SANTOS IS AN AUTHORISED REPRESENTATIVE (NO. 350236) OF WEALTH TODAY PTY LTD
AUSTRALIAN FINANCIAL SERVICES LICENSEE NO. 340289