A breakdown of how private equity builds wealth through buying, growing, and selling businesses rather than just taking business income. The speaker explains why this approach generates real money compared to other wealth strategies.
Realized that the real wealthy people managing folks from 5 to $50 million, make all their money in private equity, cleaning up businesses, growing businesses, selling businesses, and having a liquidity event. It's very tough to make the income that you want to make to get wealthy, you know, through the, through income of the business. Where wealth is made is by building that business and building the enterprise value and selling it down the road. And Dana got to see this firsthand by dealing with these types of families.
