Is your business built for success? Is it built to maximize your personal happiness? Like many business owners, your business isn’t just about making money. You’re also passionate about taking care of yourself and your family, employees, and community. It’s a cornerstone of your business’ success and a key driver in your decision making. But until now, this facet of business has been often overlooked. That is, until now.
The Bottom Line of Happiness: Financial Strategies and Exit Planning for the Big-Hearted Business Owner™ is designed to help mission-driven business owners at every stage of their business’s life cycle create the foundations for success and fulfillment. Author Matthew Pardieck knows a thing or two about navigating corporate success while maintaining a happy and fulfilling life. A former aeronautical engineer and pilot, Pardieck has worked in wealth management for over 25 years helping business owners find success and serenity.
In this revolutionary guide, Pardieck shares ideas on:
shaping your business around your true north;
keeping you and your business on course while you take care of yourself and those important to you;
financial and tax strategies to help you and your causes as you build and grow a business;
choosing an exit strategy that fits your financial and life goals;
living a fulfilling life with a big heart before and after your business exit.
As a Big-Hearted Business Owner™, you have the ability to create new wealth and improve your community. The Bottom Line of Happiness will teach you to effectively navigate the tax, planning, and financial landscape to your advantage, to benefit those who are most important to you. Pardieck's tried-and-true techniques have helped owners fulfill their corporate and personal goals as well as potentially saving them millions in taxes. If you are ready to thrive—not just survive—as a business owner, and give your most philanthropic goals the priority they deserve, this is where to start.
Pilot, rocket scientist, financial advisor, musician, black belt, dad, husband, philanthropist... I like to live life to its fullest and give back when able. Writing first book based on 20+ year history helping business owners transition and take care of the people/causes important to them. Book will be "Bottom Line of Happiness".
I read a fantastic book early in my career about the concept of social capital: the capital you can't keep. It must go to benefit public good involuntarily through taxation or voluntarily through charitable giving. Andrew Carnegie wrote about the concept in his essay, "The Gospel of Wealth" and was a prolific philanthropist in a much simpler tax environment. Today the tax code with accompanying regulations is over 70,000 pages. Yet, the code still provides many incentives for charitable giving. Knowing as many of these opportunities as possible helps leverage giving dramatically.
Book Excerpt
The Bottom Line of Happiness
What if you could direct your tax dollars to charities, employees, or family members? While there certainly isn’t a tax document that allows this option, many techniques exist within existing tax laws that allow business owners to do exactly that. Considering that most of your balance sheet is likely before taxes (the value of your business, the value of your 401k, the value of your real estate), the opportunity to take greater control over your full balance sheet is significant. As you know, if you write a big tax check to the IRS, nobody is going to send you a thank-you note. Put that same amount in a check to a charity and you can watch the immediate impact of your gift. You might even receive that thank-you note.
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