You the Boss

You the Boss : 1. How to Go Into Business Without Losing Your Shirt 2. How to Retire in Style

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Description

According to a past Fortune magazine article, more than 75 percent of the 400 wealthiest Americans achieved their riches through business ownership. The rest found their pots of gold in the real estate market, stocks and bonds or inheritance. These statistics suggest where you should invest your money if you ever want genuine financial freedom: invest in yourself! Each year, thousands of men and women between the ages of thirty- five and fifty-five leave corporate America to pursue their entrepreneurial dreams. Some do it for financial independence, others like the tax advantages, while most are simply looking for job security and the freedom to control their own destiny. But freedom has never been achieved without some inherent risk. The trick is to minimize the risk by following a proven path to success. Many potential buyers believe the only reason a business is for sale is due to it being in some financial crisis. Realistically, less than twenty percent of the businesses for sale at any given time are drowning in red ink. The majorities are being sold for reasons such as death, divorce, poor health, partnership disputes, and the desire to acquire a larger business, burnout or simply retirement. One of the keys to any successful negotiation is knowing how the other side thinks and feels. This book is published in two parts to enable buyers and sellers to "tune into" each others' motivations, strategies hopes and fears. By doing so, each can respect what the other is trying to accomplish in the transaction and the two parties can move forward to a win-win consummation. My motivation for writing this book stems from the thousands of buyers and sellers I interviewed over my thirty-year career and the costly mistakes so many made in the pursuit of their financial and social goals. It is my deepest desire that this book be used as a road map to prevent would-be buyers and sellers from repeating those financially destructive mistakes.show more

Product details

  • Paperback | 198 pages
  • 152.4 x 228.6 x 11.43mm | 353.8g
  • Createspace Independent Publishing Platform
  • United States
  • English
  • black & white illustrations
  • 1507712545
  • 9781507712542

About Wayne Unze

Wayne Unze is considered to be one of the top business brokers in New Mexico. During his 30-year career, Unze oversaw nearly 900 business sales and performed more than 5,000 business appraisals. He has also served for twenty years as a 706-expert witness for court-ordered business appraisals. He has written scores of business-related articles that have been published in newspapers and business magazines, and has presented dozens of seminars dealing with the purchase and sale of a small business. Unze retired from his brokerage career in 2012 but has continued to provide both consulting and appraisal services.show more