Right now, Linda Stapf has set aside tax returns to get curious about business owners who are putting off retirement. She is surveying business owners to get some answers and sharing the story of the extra million dollars.
Listen in to this conversation and get ready for some powerful thought-provoking information. You’ll very likely come away with some much bigger ideas for yourself concerning your future.
- Linda has been studying her top clients, who are small business owners. What she has noticed is many of them want to sell their businesses within five years.
- Linda has also noticed that every year, the five-year target resets.
- Dr. Sabrina provides context about the 2020 Breakthroughs on the Bayou 4 Week Vacation™ Retreat, where Linda saw some business owners getting excited as they were thinking about what they would do with their time after their business sold.
- Linda shares her observations regarding the game participants, and how it has had a profound effect on what she brings to her own clients.
- Take one day out of your month, look at your results, and figure out if you would buy your business the way it stood right now. If not, what would you fix about it?
- Over the course of 10 years and working with 3 clients, she was able to help them save $600,000. They’ve been able to push money into retirement accounts, and there’s an extra million dollars that each one of those business owners now has.
- The importance of utilizing Profit First principles.
- Dr. Sabrina discusses the Survival Trap Image and how we can align our actions on an ongoing basis to be a direct path towards our vision.
- When thinking of your retirement, if you can’t see yourself going to work every day, what do you do with your time? A 4 Week Vacation™ gives you space to explore this.
- Linda was surprised to find that less than 20 percent of the client base that she has been serving since 1996 was business owners.
- Answer Linda’s Done in Five Years survey and she’ll send you her story about business survival and the extra million dollars!
- Linda hopes to understand what is holding business owners back from investing and setting themselves up for a financially secure future.
- There’s a danger to those who think that their business is their retirement.
- Take the time to think about who will run your business for you if you don’t have the right systems put in place. When you have your systems in place, you will be able to leave for a 4 Week Vacation™ or for family emergencies with peace of mind.
Links and Resources:
Taking care of yourself is important now more than ever. Are you ready to take your life back from your business?
The FIRST STEP is taking our Assessment at:
NEXT, meet with our Success Team Lead to debrief your results.
THEN, join our Better Business, Better Life™ program!
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Dr. Sabrina’s WEBSITE
Dr. Sabrina’s PODCAST – PLEASE RATE & REVIEW!
Profit by Design, a Tap the Potential production in collaboration with Small Business Consulting Group
For Resources & Tools from Sponsors – https://www.profitbydesignpodcast.com
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Survival Trap Image
Are You Leading with Love or Know Another Entrepreneur Who Is Being a Gift from Their Gifts During This Time?
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Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine by Mike Michalowicz
Connect with Linda!
Stapf Financial’s Facebook
Answer Linda’s Done in Five Years Survey and She’ll Send You Her Story About Business Survival and the Extra Million Dollars!
90: Intentional Leadership with Pumpkin Plan Strategies with Steve Bousquet