Wealth Gap = Value of Your Assets Outside of Your Business + Your Businesses Value
Your Wealth Gap is the difference between your personal wealth and the amount of money you need to fulfill your personal goals and aspirations. You will want to also consider your family, charitable causes, and any other personal goals that require capital funding.
For example, if your personal wealth is $2 Million and you determine your financial goal is $10 Million, then your wealth gap is $8 Million. Therefore, your business would need to sell for $8 Million.
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