Succession Planning for Entrepreneurs with David Flores Wilson
Fri Jan 30 2026
๐๏ธ ๐๐ก๐ ๐๐ซ๐จ๐๐ข๐ญ ๐๐ข๐ง๐๐ฌ ๐๐จ๐๐๐๐ฌ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐ซ. ๐๐ญ๐๐ฏ๐๐ง ๐๐ข๐ซ๐๐ก ๐๐ฉ๐ข๐ฌ๐จ๐๐ ๐๐๐Traditional financial planning is BROKEN for entrepreneurs. In this raw conversation, Dr. Steven Kirch sits down with David Flores Wilson, co-founder of Sincerus Advisory, to expose why standard financial advice fails business owners and what you should do instead.David reveals the painful lessons from his own familyโs business failures, including a 15-year probate nightmare and a lost lawsuit that cost them everything. He shares why waiting to plan your exit is the #1 mistake entrepreneurs make, and how to avoid becoming the "Chief Everything Officer" who can never retire.๐ก ๐๐จ๐ฎโ๐ฅ๐ฅ ๐๐ข๐ฌ๐๐จ๐ฏ๐๐ซ:โข Why 70-90% of your net worth being in your business is both a blessing and a curseโข The 3-year window David regrets wasting and how to avoid his mistakeโข How to plan your exit BEFORE you're forced to (health scare, burnout, or worse)โข Why "retirement" is a dirty word for entrepreneurs and what to pursue insteadโข The "post-exit week" exercise that prevents unhappy transitionsโข Family succession pitfalls: When giving shares to non-working children destroys the businessโข How to calculate your TRUE business rate of return (most owners get this wrong)โข Why traditional 401(k) advice might be sabotaging your growth
More
๐๏ธ ๐๐ก๐ ๐๐ซ๐จ๐๐ข๐ญ ๐๐ข๐ง๐๐ฌ ๐๐จ๐๐๐๐ฌ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐ซ. ๐๐ญ๐๐ฏ๐๐ง ๐๐ข๐ซ๐๐ก ๐๐ฉ๐ข๐ฌ๐จ๐๐ ๐๐๐Traditional financial planning is BROKEN for entrepreneurs. In this raw conversation, Dr. Steven Kirch sits down with David Flores Wilson, co-founder of Sincerus Advisory, to expose why standard financial advice fails business owners and what you should do instead.David reveals the painful lessons from his own familyโs business failures, including a 15-year probate nightmare and a lost lawsuit that cost them everything. He shares why waiting to plan your exit is the #1 mistake entrepreneurs make, and how to avoid becoming the "Chief Everything Officer" who can never retire.๐ก ๐๐จ๐ฎโ๐ฅ๐ฅ ๐๐ข๐ฌ๐๐จ๐ฏ๐๐ซ:โข Why 70-90% of your net worth being in your business is both a blessing and a curseโข The 3-year window David regrets wasting and how to avoid his mistakeโข How to plan your exit BEFORE you're forced to (health scare, burnout, or worse)โข Why "retirement" is a dirty word for entrepreneurs and what to pursue insteadโข The "post-exit week" exercise that prevents unhappy transitionsโข Family succession pitfalls: When giving shares to non-working children destroys the businessโข How to calculate your TRUE business rate of return (most owners get this wrong)โข Why traditional 401(k) advice might be sabotaging your growth