Oct 22, 2020
In episode 305 of Financially Simple, Justin introduces the topic of the Value Gap by taking a look at the five stages of Value Maturity of a business.
As a Small Business owner, your business is like the goose that lays the golden egg - the golden egg being the eventual pay-off of all the hard work you put into the business - but as Justin says, you need to keep that goose fed. In this episode, Justin goes over the five stages of Value Maturity before addressing the Value Gap, to help business owners assess where they are in terms of their goose laying that golden egg, or being cooked.
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01:09 - The 5 Stages of Value Maturity
04:04 - Identify
08:09 - Protect
09:46 - Build
12:08 - Harvest
16:14 - Manage
18:19 - Summary
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Justin A. Goodbread, CFP®, CEPA,
CVGA, is a nationally recognized financial planner, business
educator, wealth manager, author, speaker, and entrepreneur. He has
20+ years of experience teaching small business owners how to
start, buy, grow, and sell businesses. He is a multi-year recipient
of the Investopedia Top 100 Advisor and 2018 Exit Planning
Institute’s Exit Planner Leader of the Year.
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