Hire Yourself Podcast with Pete Gilfillan
Pete Gilfillan shares the top 10 reasons why senior-level executives should diversify their income and assets through business ownership. In this episode, Pete explains how investing in a franchise can provide financial security, long-term wealth, and personal fulfillment while leveraging years of corporate experience.
In this episode, Pete discusses:
Mitigating Risk and Ensuring Career Security
Owning a business serves as a hedge against economic downturns and unexpected job loss, providing an alternative income source and long-term security.
The majority of wealth in the U.S. is created through business ownership, not traditional jobs. Pete explains how a franchise can be an effective way to generate long-term financial success.
Business ownership offers significant tax benefits, from depreciation to deductions, helping high-earning executives maximize financial efficiency.
Franchising allows you to build an asset that can supercharge your retirement, be sold for profit, or be passed down to future generations.
Key Takeaways:
Spreading income sources beyond corporate salaries ensures financial stability and greater flexibility in uncertain times.
A structured, proven model allows executives to transition into entrepreneurship with support and reduced risk.
Owning a business gives you decision-making power, personal satisfaction, and the ability to create lasting impact.
"Franchising is not just about diversifying income—it’s about building a future where you control your financial destiny." — Pete Gilfillan
CONNECT WITH PETE GILFILLAN:
LinkedIn: https://www.linkedin.com/in/petegilfillan/
Website: https://www.hireyourself.com/
CONNECT WITH HIRE YOURSELF PODCAST:
Website: https://www.hireyourself.com/podcast
Apple: https://podcasts.apple.com/us/podcast/the-hire-yourself-podcast/id1472038217
Spotify: https://open.spotify.com/show/7eTKOLjuUWbf7BRtGtp6dP?si=eb2f7b38bd884804
YouTube: http://www.youtube.com/@hireyourself7642
CONNECT WITH PETE GILFILLAN:
🔗 LinkedIn: https://www.linkedin.com/in/petegilfillan/
🌐 Website: https://www.hireyourself.com/
CONNECT WITH HIRE YOURSELF PODCAST:
🎧 Apple: https://podcasts.apple.com/us/podcast/the-hire-yourself-podcast/id1472038217
🎧 Spotify: https://open.spotify.com/show/7eTKOLjuUWbf7BRtGtp6dP?si=eb2f7b38bd884804
▶️ YouTube: http://www.youtube.com/@hireyourself7642
📅 Meet with Pete: https://go.hireyourself.com/gilfillan?utm_source=LinkedIn&utm_medium=Social&utm_campaign=IR