Building Generational Wealth and Scaling with Justin Goodbread

Justin Goodbread shares his entrepreneurial journey, highlighting the lessons learned from starting, selling, and scaling multiple companies. He discusses the transition to financial services, focusing on building generational wealth and reducing owner dependence. Justin emphasizes the difference between profitable and valuable companies, the reality of selling a business, and the importance of coaching. He explores strategic planning, business valuation, and making a business appealing to buyers. The episode also covers avoiding get-rich-quick schemes, achieving true freedom, and balancing personal values with business goals. Justin concludes with insights on aligning life priorities and overcoming ego.

Speakers

AI Chat

Richard Walsh

Host • 29%

Justin Goodbread

Guest • 71%

Chapters

0:00	Introduction to guest Justin Goodbread and entrepreneurial background
1:08	Starting, selling, and scaling multiple companies
2:05	Influence of early experiences on entrepreneurship
6:10	Overcoming challenges and transitioning to financial services
10:13	Building generational wealth and reducing owner dependence
16:07	Profitable vs. valuable companies: Understanding the difference
21:00	The reality of selling a business and the role of coaching
26:44	Following a coach's advice and maintaining focus
29:20	Long-term goals, strategic planning, and business valuation
35:35	Timing and building a business attractive to buyers
40:56	Avoiding get-rich-quick schemes and achieving true freedom
44:26	Stories of transformation and the importance of balance
50:23	Aligning business with personal values and overcoming ego
57:24	Prioritizing life's five Fs and contacting Justin Goodbread

Transcript

Clip

Loading transcript...