Key Takeaways:
Chapters:
Timestamp Summary
[0:00:05] Introduction to Philip Washington, Jr. as a registered investment advisor
[0:00:08] Disclaimer about the purpose of the information presented
[0:00:31] Past performance not indicative of future performance
[0:00:38] Introduction to the topic of what affects the value of a business
[0:02:01] Discussion on understanding the tangible and intangible assets of a business
[0:03:05] The market as a collective consciousness and its impact on valuation
[0:04:00] Foundational principles of change and evolution in the market
[0:05:00] The market’s search for change and creativity
[0:06:10] Examples of industries that the market values
[0:09:57] Importance of investing in companies that align with market trends
[0:10:22] Artificial intelligence and robotics in service teams.
[0:11:02] The impact of physical products in a world moving towards inflation.
[0:11:30] The profitability and scalability of digital products.
[0:12:18] The value of businesses offering digital products alongside physical products/services.
[0:12:55] The changing nature of entertainment and its impact on valuation.
[0:13:21] Factors beyond numbers that affect the value of a business.
[0:14:37] The need to update and renovate businesses for the current times.
[0:15:58] Businesses that fail to adapt lose value over time.
[0:16:23] The importance of staying current to maintain business value.
[0:16:25] Closing remarks and disclaimer.
Powered by Stone Hill Wealth Management
Social Media Handles
Follow Philip Washington, Jr. on Instagram (@askphillip)
Subscribe to Wealth Building Made Simple newsletter
https://www.wealthbuildingmadesimple.us/
Thank you for checking out our free content on financial planning, the wealth mindset, and investing in innovation. If you've found value in our blog posts, I invite you to take your knowledge and commitment to the next level. Sign up for our premium paid newsletter today and receive daily insights and expert analysis directly in your inbox. Stay ahead of the curve and unlock the secrets to financial success. Don't miss out on this opportunity to deepen your understanding and gain an edge in the world of finance. Join our premium community now and embark on a journey towards financial abundance and investment excellence. Sign up today and let's grow together!
WBMS Premium Subscription
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.
Tips for Checking Your Paycheck in 2024
The Path to Wealth Building and Market Success
Mark Cuban’s Sale of the Dallas Mavericks and Investment Insights
A Strategy for Catching Big Investment Trends
Bread Fables: Money as a Measure of Success
Planning for Business Exit: Start Early and Build Value
Bread Fables: Challenging Common Money Beliefs
Planning for Business Risks: Divorce, Disagreement, Disability, Distress, and Death
Stress in Entrepreneurship: Finding Balance and Success in Business
Simplifying Business Planning for Success in Wealth Building
Maximizing Business Value: The Importance of Exit Planning
Rewiring Your Financial Attitude: Overcoming Challenges to Wealth Building
Learn About the Benefits of Donor Advised Funds for Tax Planning
Investment Growth: Factors and Nontraditional Opportunities Explained
Key Factors to Consider When Choosing a Mutual Fund
Preparing for Year-End Taxes: Tips and Strategies for a Smooth Filing
Breaking Free from Financial Limitations: Rewiring Your Attitude
Preparing Your Business for Loans and Investors: Key Financial Considerations
How to Turn Hopeless Goals into Reality
Navigating Change and Overcoming Financial Anxiety
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
U.S Property Podcast
Aligned Money Show
Dubai Property Podcast
The Ramsey Show
The Clark Howard Podcast