Carter Cofield
speaker
215 appearances
3 recordings
3 series
first heard Jan 2025
last heard 29 Jun
Carter Cofield’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jun 2026 with 1.
Appearances
Because if you're not taking profit, high profits every single year, and then you don't end up exiting because a lot of these businesses, if you're important to your business, if you're valuable to your business, then your business is not valuable, right?
And people get to the end of their lives.
They get to retirement.
They're like, yo, I got this thing I built.
Nobody wants to sell it.
I haven't taken enough profits to build any personal wealth.
So now I'm in this place where I still have to work for the rest of my life.
And we all can attest that that is not the goal
of entrepreneurship.
But I think the hard part that all of us deal with is like, at what point do you start taking profits to start building personal wealth and not feel like you're robbing the business of its growth?
And that is something that we actively help our clients decide so that they can have assets outside of just their business.
Yeah, this is about to be therapy.
This is about to be therapy for everybody in the room.
So I'll give you this quote by Alex Ramosi, and then me and George will do our best to unpack it.
And I'm going to try not to butcher this quote, but Ramosi was basically saying that he used to look at these business owners who were making a million dollars, maybe $1.5 million, and then they didn't want to scale.
He's like, dude, there's so much juice left in this business to squeeze.
What are you doing?
And after years of coaching people and doing it himself, Hermosi realized, he said, yes, there is so much juice left to be squeezed in this business, but what gets squeezed is you.
right?
And so when we make this decision to leave being an entrepreneur to becoming a business owner, and that's how me and George delaney like entrepreneur, you're entrepreneur, you have this lifestyle business, you know, do whatever you want, no major pressure, but then you switch to business owner, right?
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