This is such good stuff - thank you for providing value in this regard. A huge part of our economy is people owning/operating service businesses and your expertise has broad application.
The math just doesn’t make sense. To make $150k in dividends you need $2M in the bank (roughly)… that’s a $2.5M sale of your business… you would need to be netting $600-$800k a year on the painting business. Easier to give away half the company to an operator and make 2-3x the cash flow than the reinvested dividends.
This is such good stuff - thank you for providing value in this regard. A huge part of our economy is people owning/operating service businesses and your expertise has broad application.
Appreciate it 🙏
If I'm offered enough money to live off investment dividends, I'm jumping at it. That being said, I'm nowhere close to such a fate.
The math just doesn’t make sense. To make $150k in dividends you need $2M in the bank (roughly)… that’s a $2.5M sale of your business… you would need to be netting $600-$800k a year on the painting business. Easier to give away half the company to an operator and make 2-3x the cash flow than the reinvested dividends.