The first professional skateboarder turned mayor, Mikey Taylor, has a lot on his plate. He’s a politician, businessman, father and a loving husband.
Now, he’s sharing how he built his company for an eight figure exit while creating a business that can run without its founder.
His new program, “How to Escape Founder Dependency & Make Your Business Run Without You,” breaks down how owners can build companies that grow without having to handle everything themselves.
Taylor covers how to reduce founder dependency, structure a business for growth, and create the three core elements that make a company attractive to buyers.
He’s also offering his financial scoreboard for tracking EBITDA, churn and recurring revenue.
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Taylor also shared his thoughts on personal wealth.
Earning more money does not help much if you spend everything you earn.
His advice is to invest first, automate those contributions and live on what remains.
“Income pays the bills. Ownership builds wealth.”
Building wealth is about making your money work for you, not simply earning a bigger paycheck.
Exit Ramp Posted:
"Making more money won’t make you wealthy if you spend every dollar you make.
You get the raise.
You upgrade the house.
You get the nicer car.
The lifestyle gets bigger.And somehow… you’re still starting at $0 every month.
The shift is simple:
Stop investing what’s left after you spend.
Start spending what’s left after you invest.Pay yourself first. Automate it. Every paycheck.
Income pays the bills.
Ownership builds wealth."