Rhodium Talk: The Journey From Entrepreneur to Passive Investor. Podcast 039 with Scott Fritz

This is episode 39. Scott shares his decade-long journey from working in his business, to working on his business, to finally becoming a passive investor and living the dream of the 40 hour work YEAR. Highlights The genesis of Scott’s focus filter (Enjoy Life. Make Money. Do Deals.) and how to create your own Why you need to get your business ready to sell…even if you never want to sell it If you don’t have this one aspect locked in, your business will never work…even with all the passion and focus in the world Scott took a 60% pay cut to never have to work again – how much are you willing to give up? One tactic, used just once every 6 months, that leads to exponential growth in your business BEWARE the Golden Child Syndrome – the method that many business owners rely on that could result in the sudden and dramatic end to your business How to make sure your team keeps their momentum (as a business owner, you can very easily screw this up) How one client used Scott’s outsourcing tool – and nothing else – to transition completely out of his business in 2 years The 3 Simple People Principles that let you fire amicably and keep the right people in your business Scott’s sales math equation that lets him estimate revenue with incredible accuracy despite overly-optimistic sales teams This episode is packed with the insights Scott uses to decide which businesses he invests in…you won’t want to miss it. Listen Now: The post Rhodium Talk: The Journey From Entrepreneur to Passive Investor. Podcast 039 with Scott Fritz appeared first on Rhodium Network®.