JDT Advisory
Wealthpreneurs might think, “It’s my company – why can’t I pay myself whatever I please?” This mindset often comes from misunderstanding the relationship between salary and the return on equity ownership in the business. You get paid a salary for what you do, and you receive a return on what you own (profit distributions). Don’t poke the beehive!If you are …
If you plan to transition ownership of your business one day, you likely hope to maximize the value of your business at the time of transition. Many tools can increase the value of a company, but one of the most effective methods is acquisitions. Here’s what you need to know about this strategic growth opportunity. …
What separates thriving businesses from all the “other guys”? Many times, it boils down to the mindset and habits of the leader at the helm. In my experience, highly successful Wealthpreneurs cultivate these 8 habits. #1: Embrace a growth mindset. Successful Wealthpreneurs cultivate a “growth mindset” as opposed to a “fixed mindset.” They believe their abilities and skills can be …
Organic growth (slowly expanding your market reach) is the dream for many businesses. But in today’s fast-paced world, organic growth can feel frustratingly slow. If you need a shortcut, strategic acquisitions might be the magic bullet. When executed effectively, acquisitions can rapidly propel your business forward. By acquiring another company, you can gain access to benefits that …
