[00:01 - 04:59] Opening Segment

• Chris has been in financial services since 2001 and specializes in helping business owners from the ages of 36 to 56
• Chris's first experience as a business owner did not go well, so he regrouped and went back out on his own
• Having control over one's time and autonomy over their situation

[06:00 - 10:37] Planning for Success: How a Financial Planner Can Help Business Owners Sell Their Business

• Financial planning is about living the best version of one's life and living in alignment with their values
• Financial planning is more than just telling people where to invest their money 
• Having a financial plan to stay on track with long-term goals
• Financial planner as the quarterback of the business owner's economic engine
• Updating and referring to financial plans regularly
• Exit planning and succession planning as components of a comprehensive financial plan
• Understanding what goes into selling a business

[10:38 - 18:42] Unlocking the Value of Your Most Valuable Asset - Time

• A business owner needs $300,000 a year to live on their current lifestyle
• Consider retirement plans, outside investments, fractional CFOs, outsourced sales
• Time is the most valuable asset - focus on what you're good at and outsource the rest
• People underestimate what they can accomplish in a day/week/year but vastly underestimate what they

[18:43 - 23:36] Closing Segment

• It's never too late to start investing
• The biggest problem most people have is that they don't want to do it and push it off
• See the links below to connect with Chris

Quotes:

“Begin with the end in mind. ” - Christopher Clepp

“A failure to plan is planning to fail.” - Christopher Clepp

“Good exit planning is really good business planning.” - Christopher Clepp

Connect with Chris through LinkedIn, or visit www.BuildingTowardsWealth.com.

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