Baby Boomers' $7.9 Trillion Worth of Businesses
0:00:05 Introduction: Phillip Washington, Jr. is a registered investment advisor.
0:00:08 Disclaimer: Information presented is for educational purposes only and does not offer investment advice.
0:00:31 Important reminder: Past performance is not indicative of future performance.
0:00:37 Episode introduction: Wealth building strategies for baby boomers.
0:02:14 Baby boomer assets: $78.1 trillion invested in various ways.
0:03:23 Opportunity for Gen X and millennials to acquire businesses from baby boomers.
0:03:52 Challenges in selling businesses: Lack of exit planning.
0:05:14 Four intangible C’s to enhance business value: Human capital, customer capital, social capital, and structural capital.
0:06:20 Importance of considering the macroeconomic environment for business value.
0:09:05 Financial planning for businesses: Understanding operating income, net income, and cash flow.
0:11:20 Conclusion: 2024 is a promising year for business growth.
0:12:23 Disclaimer: Information presented is for educational purposes only and does not offer investment advice.
Powered by ReiffMartin CPA and Stone Hill Wealth Management
Social Media Handles
Follow Phillip Washington, Jr. on Instagram (@askphillip)
Subscribe to Wealth Building Made Simple newsletter
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.
It is Free