Key Takeaways:
Chapters:
Timestamp Summary
0:00:05 Introduction and disclaimer
0:00:37 Phillip and Allison start discussing the topic of organizing home offices
0:00:44 They introduce the concept of a business planning pyramid, starting with the foundation which includes operations, management team, vision, and financial stability
0:02:08 The importance of having a strong foundation before seeking investment is emphasized
0:03:09 They discuss the importance of having a strong top team, sound operations, and financial stability for a business
0:03:21 Phillip asks Allison about whether it's better to invest in raising the capacities of the existing team or hiring someone from outside, from a financial perspective
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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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