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.
Innovation: A Deep Dive into 3D Printing
Real Estate: ”Interest rate hikes” for home buyers with good credit
Replay: How to deal with people acting funny as your wealth grows
Wealth Mindset: The Universal Algorithm of Money (and Life)
Business: Insights from studying Apple Computer as a start up
Innovation: The future of manufacturing
Investing: Deflation trends towards abundance
Investing: Why banks keep failing in this environment
Investing: Buying Louis Vuitton as a bet on NFTs
Business: Embracing technology in your business
Investing: Emotional Intelligence is really all you need in investing
Real Estate: Building your real estate empire in the new world
Media: The intersection of NFTs and podcasting
Investing: Inflation is good for the future, not so much for the past
Business: Using ChatGPT in accounting
Finance 101: The nuts and bolts of how our economic system is financed
Real Estate: Turning homes into NFTs on the blockchain
Media: The economics of podcasting
Investing: The Lost Decades and what to do about the one around the corner
Business: How property and casualty losses affect the bottom line of a business
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