This eBook presents a simple methodology you can use to attain financial independence. Starting a company is not enough to enable the freedom you envisioned. Being the owner doesn’t mean you are freed from demanding customers undermining your freedom. For that kind of independence, you must sell your business and form a pool of cash that can yield the type of income you aspire to have. Trading (selling) your business can be a far-fetched and challenging decision, but you can choose to exit it. If exiting your business now can give you the monetary freedom to do what you want, it may be worth thinking about sooner.
You’ll Discover In This Ebook-
How to Calculate Your Freedom Point?
THE FREEDOM POINT = (Value of Investments + Net Proceeds of Selling Your Company) > Desired Income x 33
When your business produces nearly all your net worth, and selling it will gather enough money for the rest of your life, there’s no reason to continue possessing your business. You may enjoy the social interactions and the creative approach to building a business, but holding it may be risky, looking precisely at the numbers.
Think Of It This Way: Every day you maintain ownership in your business beyond The Freedom Point; you risk your freedom. When you’ve reached Freedom Point and want to expand but not retire, you have some excellent options: