Small Business Focus

Making money vs creating wealth. They're NOT the same!

Are you building a business to make money?

Or are you doing it to create wealth?

These two goals are not the same and require different strategies.

The Money Show’s Bruce Whitfield interviewed Pavlo Phitidis, Director and CEO of the Aurik Business Incubator, for his weekly small business feature.

Scroll down for quotes from the audio below.

It’s the difference between chasing capital gains versus chasing dividends.

Pavlo Phitids, Aurik Business Incubator

Beyond the money that gets made in the deal, if you’re going for wealth, you’re more interested in the strategic value of the deal.

Pavlo Phitids, Aurik Business Incubator

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This article first appeared on 702 : Making money vs creating wealth. They're NOT the same!


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