84. Crafting Your Personal Vision For Life Beyond Business

Your Business Your Life

To have a seamless business transition, business owners must understand the intricacies of building value and strategic preparation in the business.

However, one critical area that most business owners often overlook is developing a personal vision for life outside the business.

A statistic from the Exit Planning Institute revealed that 76% of business owners regret selling their business a year after the sale. This statistic highlights the importance of envisioning a meaningful life after exiting the business.

In this episode, Matt DiFrancesco discusses why developing a personal vision is crucial and provides practical tips to help business owners craft a meaningful and purposeful one.

Matt talks about:

(01:49) How to develop a personal vision statement

(08:12) What is a personal vision balance sheet

(09:13) The importance of evaluating your end goal

(10:02) Why you must physically write what your vision is

(11:11) One of the biggest things that we take for granted in life

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DiFrancesco Financial Concierge, LLC d/b/a High Lift Financial is a Pennsylvania-Registered Investment Advisor and may conduct investment advisory services in states where it is registered, exempt, or excluded from registration. Content provided herein or on our website should not be construed as an offer for investment advice or for securities, insurance, or other investment products. Investments involve the risk of loss and are not guaranteed. Consult a qualified legal, tax, accounting, or financial professional before implementing any investments or strategy discussed here.