Episode 332
Don't Sellout For Money
Takeaways
- Marrying for money can lead to misaligned goals.
- It's crucial to align financial goals with personal values.
- In business, you can choose either money or terms, not both.
- Valuation of a business can vary significantly based on buyer intentions.
- Understanding the terms of a deal is essential for success.
- Personal beliefs should guide career decisions, not just financial incentives.
- The true worth of a business is often tied to its potential for change.
- People often overlook the long-term consequences of short-term financial gains.
- Relationships, like business deals, should be based on shared values.
- Making decisions for the right reasons leads to better outcomes.
📖 Buy "Build" by Tony Fadell -
Sponsors
🌱 S.E.E.D. Planning Group - https://www.seedpg.com/
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🎙️ Cut Throat College Planning Podcast - https://www.nqrmedia.com/ctcp/cut-throat-college-planning
🎓 College Prep Bootcamp - https://www.sohteam.org/college-prep-bootcamp
🎙️ One Big Thing Podcast - https://www.nqrmedia.com/one-big-thing
Chapter Markers:
00:00 - Marrying for Money: An Introduction
02:50 - The Importance of Terms in Business Deals
06:01 - Valuation and the True Worth of a Business
09:08 - Understanding Perspectives in Business Transactions
11:56 - The Right Reasons: Beyond Money and Looks
