BG Wealth Group Co-Founder & CEO Craig Dunkerley delivered his seminar ‘4 Years to Your First $1Million” at the recent Toronto Franchise Expo to a packed room of established and aspiring franchisees.
The show drew many people considering franchise ownership and other types of real estate-oriented investment. Craig took the opportunity to deliver a universal message for those looking to build wealth on their own terms.
During the session, he boiled his essential process down to 3 essential lessons:
- Get acquainted with your banking and investment fees. As Craig said, the average person who invests with a bank is losing up to 60-70% of their potential wealth to fees.
- Consider starting a business (franchises included)! In an example he gave, Craig’s client went from being an employee to a sole proprietorship business, which reduced her taxes and therefore positioned her favorably to build wealth. This is even the case for those who choose to keep their “day job”; starting a business can be as simple as incorporating something you are passionate for and willing to work towards.
- Finally, build the habits that connect you with your money. Keep an eye on your accounts and check in on all investments at a minimum of every 3 months, if not more.
If you missed this seminar, there is a short highlight recording here.
Many of Craig’s lessons are rooted in his e-book ‘Tax Mastery’, available now as a complimentary download. Visit the link and get your copy now to learn how you can maximize your investable income, without raising any additional capital.
Click Here.