Oct 26, 2020
In episode 306 of Financially Simple, Justin gets mathematical defining the Value Gap.
There are many definitions of the word Value, and not all may apply to your Business. And then there’s what defines the gap between where your business is and where you want it to be. In this episode, Justin starts off the process of determining a business’s Value Gap by defining the term and explaining how the Value Gap relates to your business.
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01:11 - What is the Value Gap?
01:24 - What is Value?
03:01 - Determining the Value Range
04:25 - Finding Where Your Business Lies on the Performance Bell Curve
10:40 - What Does All This Have to do with Value?
12:22 - The Rule of 5
15:21 - 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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