Consider here the vision for yourself (and possibly your family)
Guiding questions:
- What roles do you want to see yourself in the future? Are you a:
- technician?
- function leader?
- passive owner?
- former owner (have exited the business)?
- How much time are you spending in the business?
- What do you want your day/week to look like?
- What is the level, type and frequency of engagement with the business?
- Do you want to have a passive dividend income to satisfy financials wants and needs?
Example
I have discretionary time and reduced my daily demand, and I’m now working the equivalent of 3 days a week.
I am connected to the business and get my satisfaction from continuing to solve our customers problems and seeing others in the business grow.
The dividends are satisfying my financial wants and needs.
For more examples go here.