Beyond pennies: 5 tips to figure out the untold wealth of your solopreneurship

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Your business is more than a pot of gold. Dig deep and you'll unveil your true value as a self-made millionaire

How clearly do you see the value of your business? Are you guilty of overlooking its worth, deeming it as insignificant as a bag of tarnished pennies? Granted, pennies might be obsolete as currency here in Canada, but they do serve as a clear metaphor for the underrated value we often attribute to our business endeavours, particularly if you are a solopreneur.at different stages of their journey: from the nascent startup to the established side hustle.

* Create a business structure that distinctly separates your personal assets and liabilities from your business assets and liabilities, even if you operate as a sole proprietorship.* Seek and secure business capital under your company’s name as soon as you can. Even if you don’t need it.* Prioritize cash flow and profitability over revenue. I often say: “Revenue is vanity. Profit is sanity. And cash flow is sovereignty.

Your business is more than a pot of gold; it’s a veritable gold mine brimming with untapped value. Dig deep and you’ll unveil your true value as a self-made millionaire. Investment guru Larry McDonald warns of the 'greatest migration of capital in the history of humanity' — here's what he means and what he likes for coverModerna Shaves Off $7 Billion in Value After Pfizer Warning

 

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