Key Takeaways:
Chapters:
Timestamp Summary
[0:00:05] Introduction and disclaimer about the educational nature of the podcast
[0:00:39] Discussion about the movie “Home Alone” and its status as a Christmas classic
[0:01:26] Drawing parallels between the movie and the importance of planning ahead for business
[0:02:37] Emphasizing the need for a checklist and having the right team in place for business success
[0:03:47] Highlighting the importance of having a formal plan and protecting the business
[0:04:56] Discussing the need for standard operating procedures and regularly checking in with the team
[0:06:08] Exploring the mindset of a business owner and investor for enhancing business value
[0:07:20] Stressing the importance of extricating oneself from the business for increased value
[0:08:13] Contact information for discussing exit planning and financial strategies
[0:09:05] Closing disclaimer about consulting with a qualified advisor or professional
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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
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