Summit Services, Inc

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A Lifestyle Business vs. A Value Business

A Lifestyle Business is about staying in the Hourglass

The business is dependent on a single person's involvement. The business is therefore limited in its ability to grow and remain manageable. When you stop working in a lifestyle business, your business ceases to exist..... it only pays you when you're working in the business.

 

Creating a Value Business is all about getting out of the Hourglass

The business is no longer dependent on one person, but an effective team of leaders. In a Value Business, you're developing systems and roles so that your business can run without you some day. It's a business that grows in value. As a result, you can sell your business someday or receive years of sustainable compensation well into your retirement.

 

Learn more about how we can help you get out of the Hourglass

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