Dollars and Dumbbells - Profit and Wealth Tips for Online Health and Fitness Coaches · Justin Green, CFP®

170 - How Much Should I Reinvest into my Business?

·11 min·1 clip
Justin Green warns that having all your assets concentrated in your business creates dangerous concentration risk for your family's future.
Certified Financial Planner Justin Green challenges the common advice to reinvest all profits back into your business, arguing that solopreneurs and online coaches need a balanced approach. He introduces the 'barbell strategy' and 'profit to wealth system' that involves investing both inside and outside the business to build wealth while reducing concentration risk.
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