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Exit Planning and Income Wealth Distribution with Scott Chelberg | Ep. 22 | My SBA Loan Pro Podcast

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Manage episode 515407122 series 2518941
Content provided by Ryan Smith. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ryan Smith or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Many business owners focus on building wealth (accumulation) but neglect the crucial final phase: wealth distribution. In this podcast, expert wealth advisor Scott Chelberg, President of Retirement Solutions , dives deep into exit planning which is really just strategic planning for business owners who are nearing retirement.Learn the essential steps to maximize your business's value and ensure you have the income to support your ideal retirement lifestyle. Scott explains how to quarterback your financial team, coordinate your experts, and why you need to think about taxes now—including how your money will be taxed when it comes out of your investments.What you will learn:

  • Why exit planning should start 5 years or more before you plan to sell.
  • The difference between a typical investment advisor (accumulation) and a true wealth advisor (holistic planning and distribution).
  • The 4 C's of value that drive a business's worth, beyond just the balance sheet.
  • How to structure your income distribution into different 'silos' to manage risk and tax burden in retirement.
  • Strategies for "Tired Ted"—the business owner who is near retirement but hasn't prepared.

Don't wait until the last minute! Start planning for a successful exit and a secure, tax-efficient retirement today.

If you liked this content, let's connect on social media:

Instagram: ⁠⁠ / mysbapro ⁠⁠

Twitter: ⁠⁠ / mysbapro ⁠⁠

LinkedIn: ⁠⁠ / ryanpatryck ⁠⁠

Key Chapters:

⁠00:00⁠ - Introduction

⁠01:45⁠ - Attraction

⁠03:57⁠ - Ideal Client

⁠05:43⁠ - Value Gap

⁠07:12⁠ - Timing

⁠09:21⁠ - Unprepared

⁠12:44⁠ - Dream Client

⁠19:27⁠ - Taxation

⁠25:27⁠ - Foxes

⁠32:57⁠ - Four Cs

⁠3⁠⁠7:58⁠ - Second Opinion

40:34 - Success Stories

More Subject Matter Experts Playlist⁠⁠ ⁠⁠

⁠⁠ • Subject Matter Experts Face to Face Interv... ⁠⁠

More ThinkSBA Resources

⁠⁠https://calendly.com/thinksba⁠⁠ - Schedule Call

⁠⁠https://g.page/thinksba⁠⁠ - Google Business Page & Reviews

⁠⁠https://thinksba.com/faq⁠⁠ - Frequently Asked Questions

⁠⁠https://mysbaloanpro.com⁠⁠⁠ - My SBA Loan Pro Podcast⁠⁠ ⁠⁠

⁠⁠ / @thinksba - ⁠⁠YouTube Channel

  continue reading

74 episodes

Artwork
iconShare
 
Manage episode 515407122 series 2518941
Content provided by Ryan Smith. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ryan Smith or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Many business owners focus on building wealth (accumulation) but neglect the crucial final phase: wealth distribution. In this podcast, expert wealth advisor Scott Chelberg, President of Retirement Solutions , dives deep into exit planning which is really just strategic planning for business owners who are nearing retirement.Learn the essential steps to maximize your business's value and ensure you have the income to support your ideal retirement lifestyle. Scott explains how to quarterback your financial team, coordinate your experts, and why you need to think about taxes now—including how your money will be taxed when it comes out of your investments.What you will learn:

  • Why exit planning should start 5 years or more before you plan to sell.
  • The difference between a typical investment advisor (accumulation) and a true wealth advisor (holistic planning and distribution).
  • The 4 C's of value that drive a business's worth, beyond just the balance sheet.
  • How to structure your income distribution into different 'silos' to manage risk and tax burden in retirement.
  • Strategies for "Tired Ted"—the business owner who is near retirement but hasn't prepared.

Don't wait until the last minute! Start planning for a successful exit and a secure, tax-efficient retirement today.

If you liked this content, let's connect on social media:

Instagram: ⁠⁠ / mysbapro ⁠⁠

Twitter: ⁠⁠ / mysbapro ⁠⁠

LinkedIn: ⁠⁠ / ryanpatryck ⁠⁠

Key Chapters:

⁠00:00⁠ - Introduction

⁠01:45⁠ - Attraction

⁠03:57⁠ - Ideal Client

⁠05:43⁠ - Value Gap

⁠07:12⁠ - Timing

⁠09:21⁠ - Unprepared

⁠12:44⁠ - Dream Client

⁠19:27⁠ - Taxation

⁠25:27⁠ - Foxes

⁠32:57⁠ - Four Cs

⁠3⁠⁠7:58⁠ - Second Opinion

40:34 - Success Stories

More Subject Matter Experts Playlist⁠⁠ ⁠⁠

⁠⁠ • Subject Matter Experts Face to Face Interv... ⁠⁠

More ThinkSBA Resources

⁠⁠https://calendly.com/thinksba⁠⁠ - Schedule Call

⁠⁠https://g.page/thinksba⁠⁠ - Google Business Page & Reviews

⁠⁠https://thinksba.com/faq⁠⁠ - Frequently Asked Questions

⁠⁠https://mysbaloanpro.com⁠⁠⁠ - My SBA Loan Pro Podcast⁠⁠ ⁠⁠

⁠⁠ / @thinksba - ⁠⁠YouTube Channel

  continue reading

74 episodes

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