Understanding Financial Literacy before Selling Your Business with Sharon Lechter
Release Date: 03/27/2024
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info_outlineIn the #39 episode of the #FoundersGuidePost, I had the pleasure to talk with Sharon Lechter, where I was really struck by how dedicated she is to boosting financial literacy and business skills for everyone, from individual savers to big-time business owners.
Sharon isn't just any expert — she's a well-respected author and a powerhouse in the world of financial education. She talks about a bunch of crucial issues, like how important it is to teach financial basics in schools, the best ways to get a business ready to sell by making sure its systems and team are top-notch, and how crucial intellectual property is to a business's value.
What really stood out to me was Sharon's belief in financial literacy as a tool for empowerment, helping people take charge of their money instead of being overwhelmed by it. She shared some strategies on managing and passing on wealth in smart ways.
Through her work, Sharon is on a mission to not just inform but truly inspire people toward financial freedom and success, pushing for changes in how our schools teach finance and championing the growth of individuals and businesses alike. Our discussion was a powerful reminder of her passion for making a real difference in people's financial understanding and capabilities.
What You’ll Learn:
- Commitment to Financial Literacy: The importance of incorporating financial education into the school curriculum and highlights her mission to inspire and educate individuals toward financial independence and success.
- Strategies for Business Preparation and Valuation: Sharon introduces the "Six Ps" as essential components for business success and discusses how leveraging intellectual property can significantly enhance a business's value and reach.
- Educational and Personal Growth: Her discussion on wealth management, intellectual property, and the challenges and opportunities presented by technology like AI encourages us to advocate for change and continually seek personal growth.
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Links & Resources:
Learn more about Sharon on her website - Sharonlechter.com
Preserve Your American Success Story!
Find Armando on LinkedIn
About Sharon Lechter:
Sharon Lechter is an esteemed entrepreneur, international speaker, best-selling author, mentor, and philanthropist with over 35 years of experience as a licensed CPA and a Chartered Global Management Accountant. Known for her expertise in financial literacy and entrepreneurial success, Sharon has significantly impacted the electronic book industry and personal finance world. Co-authoring the international bestseller "Rich Dad Poor Dad" and contributing to the Rich Dad series, she has played a crucial role in developing a leading personal finance brand. Sharon has also collaborated with the Napoleon Hill Foundation, releasing bestsellers that rejuvenate Hill's teachings, and she’s recognized for her participation in the movie "Think and Grow Rich: The Legacy."
Beyond her writing, Sharon is a revered mentor who has advised major brands and served two U.S. presidents on financial literacy. As CEO of Pay Your Family First, she focuses on financial education projects to boost financial IQ and empower individuals to create legacies. Following a period of reflection after her son’s unexpected death in 2012, Sharon has reignited her mission with the Play Big Movement, encouraging others to transcend past limitations and achieve significant impact.
Residing in Paradise Valley, AZ, with her husband Michael Lechter, an expert in Intellectual Property and Organizational Architecture, Sharon finds balance in philanthropy, volunteering, and retreating to their dude ranch, Cherry Creek Lodge, for rejuvenation. Her life’s work and personal journey exemplify her commitment to empowering others financially and leaving a lasting legacy.