Business Plan for 5-10 years,
How to begin…?
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Goals for 10 years is nice…
Better understand who you are..what your self believes..what is important to you..what will make you sleep peacefully at night…
It's more important..because once you have it..all the stones fall into place….
It is custom financial planning
Start by understanding how much money you start with, what your leverage ability is, what your strategy is in terms of long-term vision… What is your financial resilience, what is your experience, what have you learned…
more and more…
And most importantly, what are the alternatives?
As we mentioned here the cannon guys above me, it all starts with understanding your “starting point” and setting clear goals, of course it is always advisable to consult with the greats in the field of Noam Shpalter
First of all, goals are defined. I recommend setting a long-term goal and intermediate goals. For example, in 10 years I want to have 15 properties. Or in 10 years I want a passive income of $10,000 a month. After that, intermediate goals can be - every two years to increase the portfolio by 3 properties. I think you got the idea... 🙂 Of course, a plan that must be realistic, put in Excel, and it is also recommended to consult with someone else.