WISE Global

Owning a business creates a large impact on both wealth and life decisions. However, underlying business ownership is the entrepreneurial mindset itself, which is often the driving force behind many decisions. This is why it is critical to consider the impact of both being a business owner and having an entrepreneurial mindset when planning your wealth and life. #mindset #wealth #business #entrepreneurs

The mindsets that entrepreneurs share, combined with the challenges of business success, create unique issues and opportunities, both for wealth planning and life planning. Having worked with entrepreneurs for many years, it became clear that adjusting their approach and perspective could truly change the outcome for many business owners—and the earlier the adjustment, the more impactful the change. #perspective #business #mindset #entrepreneurs

Paradigms are like an imprint that we capture of a particular situation that often sticks with us. The more emotional the experience, the more powerful the paradigm. This hold exceptionally true when it comes to money. For many reasons, money is highly emotional, and we all have a paradigm of money that was likely formed at a young age. #paradigm #growth #wealth #business

"Ambition is when you expect yourself to close the gap between what you have and what you want. Entitlement is when you expect others to close the gap between what you have and what you want." - James Clear #ambition #growth #success #business

If you're looking for true guidance, free of conflict, when it comes to your planning, you're in the right place. We offer immersive group workshops where you can learn and collaborate with other business owners. To learn how WISE can help you, visit the link in the comments. #business #planning #businessowners #entrepreneurs

If you know your end goal, you can address your biggest dilemmas with confidence. You can treat the underlying base of your wealth and life plans, instead of the symptoms. You can reassess regularly as you recognize how your current context changes, and how your end goal may shift as well. #goals #wealth #planning #entrepreneurs

Knowing your end goal is critical to building your path to success. That's why we always "start with the end in mind." #success #business #exitplanning #entrepreneurs

The power of pulling all 6 pieces of WISE? together into one cohesive system?is that they can each then inform and strengthen one another. Extraordinary people with extraordinary systems must produce extraordinary results. To plan for each of these components, individually and together, you must be clear?on your specific goals. This is WISE?. #planning #business #businessowners #system

Within WISE?, there are 6 Components of entrepreneurial wealth. 1. Balance Sheet Strategy?.?This is the overarching investment strategy for your entire balance sheet.? 2. Liquidity & Cash Flow?.?This is the way you position, distribute, manage, and use all of your cash.? 3. Lifestyle & Legacy?.?This is about having the lifestyle you want now, and leaving the legacy you desire?in the future, because your wealth has to be assessed based on what you want.???4. Exit Strategy.?This addresses all three eventual paths you can take with your company - exit,?succession, and continuity. 5. Asset Protection Strategy.?This is your downside management strategy and identifies key risks and issues with your overall financial position.? 6. Lifetime Tax Strategy?.?This is the plan to minimize the amount of tax you pay over your lifetime, consistent?with your tax goals and vision, divided into two separate tax plans - strategic and tactical. #planning #strategy #wealth #entrepreneurs

Systems permit ordinary people?to achieve extraordinary results. However, without systems, even extraordinary people?find it hard to produce ordinary results predictably. Surely you have used many systems to level up in every part of your world,?but what about your entrepreneurial wealth? That’s what WISE does. It puts a framework around the full picture, both your life goals and your total wealth, including your business, and it is guided by your vision. #vision #planning #wealth #business #systems