Who wants to buy a business that cant pay the owner?

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Transcript:

(AI Generated)

 If you talk about people, young people, or it doesn't matter almost which age.

When you start a business and you run a business on your own, let's say very small scale still, you don't have a CFO who takes care of that, who has the financial education to bucket, like you said, to put things in a way, a big mistake. I did as well because I have saved a lot of money before I started.

So I have a safety net, which gave me a couple of years freedom. I didn't pay myself. So then I've had even a client told me that one thing he learned, I think it was during a dinner with, had a couple of wines and he wasn't one thing I have learned and he was saying always taking a little bit.

He was showing this with a couple of noodles, always taking something away for myself. I was sitting there holy moly, I have never done that. Maybe I should start doing that because I was just using my cash reserves. 

It's almost like you need permission, right? As a business owner small scale or large scale, there's a lot of it can be really scary, right?

You don't wanna do things wrong, so you just don't do them right? You're fine spending money, but Ooh, I don't wanna pay myself wrong, or I don't wanna ca like, bankrupt the company by paying myself. And it's almost give, giving people permission to pay yourself. One another point there is if anybody is looking to sell their company, right? Who wants to buy a business that can't pay the owner?