Feb 25 2025 16 mins 1
In this episode of Business with the Boyz, Landon Troyer discusses the pros and cons of having your wealth locked up in your business versus having it liquid in the market. As a private wealth manager for business owners, Landon shares insights on:
The importance of understanding your "wealth gap" - the amount you need from a business sale to support your lifestyle
Strategies to maximize the value of your business, such as locking in key employees, documenting procedures, and cleaning up financials
Options for transitioning your business to insiders or family members
The different types of buyers (strategic, financial, competitors, insiders/family) and what to consider with each
Whether you're a business owner looking to eventually exit or just want to better understand how to grow your wealth, this episode provides practical tips and advice. Tune in to learn how to effectively manage and extract the value from your business.
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Sponsor Spotlight: LandJet
A big thank you to our sponsor, LandJet, for supporting the show!
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Thank you, LandJet, for making this episode possible!
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Connect with David:
Website: www.businesswiththeboyz.com
LinkedIn: www.linkedin.com/in/daviddecelle
Email: [email protected]
Connect with Landon:
Website: www.businesswiththeboyz.com
LinkedIn: www.linkedin.com/in/landon-troyer-837b822b
Email: [email protected]