Michael Palumbos - Strategies and Tactics: Navigate Your Family Business, Wealth and Legacy

<p><span style="font-weight: 400;">Running a family business is difficult. It takes a lot of work to raise and develop a solid family system. Let alone,  business can be tough. Do you have any plans in mind for your business to last for generations?</span></p> <p><span style="font-weight: 400;">Join us this week with Michael Palumbos,  as we talk about everything from building a strong family business system, family conflicts, and assets to be utilized at its most extent and more!</span></p> <p><span style="font-weight: 400;">Michael</span> <span style= "font-weight: 400;">is the founder of Family Wealth and Legacy and he helps family-owned businesses particularly in construction companies. He ensures family-owned businesses are fully aligned and thriving. If you are eager to learn how to navigate the complexity of finance and to ensure robust financial freedom, this episode is for you!</span></p> <p><strong>Key Takeaways:</strong></p> <ul> <li><span style="font-weight: 400;">Wherever you are, all principles are applicable.</span></li> <li><span style="font-weight: 400;">The complexity of family-owned businesses and high networth brings.</span></li> <li><span style="font-weight: 400;">What would a good financial plan look like for business owners?</span></li> <li><span style="font-weight: 400;">Investment Strategies and Philosophies</span></li> <li><span style="font-weight: 400;">Why should managers have his/her own money in the pot?</span></li> <li><span style="font-weight: 400;">Buy and Hold Strategy</span></li> <li><span style="font-weight: 400;">Infinite Banking Concept</span></li> </ul> <p><strong>Resources:</strong></p> <ul> <li><a href="https://www.familywealthandlegacy.com/" target= "_blank" rel="noopener">Family Wealth & Legacy, LLC</a></li> <li><a href="https://www.linkedin.com/in/michaelpalumbos/" target= "_blank" rel="noopener">Michael's LinkedIn</a></li> <li><a href="https://www.familywealthandlegacy.com/family-biz-show" target="_blank" rel="noopener">The Family Biz Show</a></li> </ul> <p> </p> <p><s