Ep. 66 Are you stacking a few Benjamins?
Joe Saul Sehy is the host of Stacking Benjamins, a popular personal finance podcast on which he has interviewed everyone from Jean Chatzky to David Bach. Sehy’s journey to becoming a podcasting sensation was a little unusual: he started as a financial advisor, building a firm with $65 million in assets under management. Then, on his 40th birthday, Sehy received a letter from a friend which was the trigger that made him want to sell his business. His friend’s letter became a catalyst for him to switch careers and become a professional podcaster. In this episode of Built to Sell Radio, Sehy describes the sale of his financial planning practice and you’ll learn: How to use employee systems to “you-proof” your business. How to hire people inclined to follow systems (rather than renegades who want to re-invent your business). How to sell a franchise. The one thing Sehy wished he had done, which he estimates could have boosted the value of his business by 15–25%. What to do with your money after you sell your business. Why the 4% rule of investing may be too conservative for most entrepreneurs.