Nexstar Meeting Spotlights Personal, Business Growth
The first day centered on personal growth - growth of self and growth of wealth. Presenters - including Nexstar President and CEO Greg Niemi; Rex Bothwell, senior consultant with Logic Opera; and Kenny Chapman, owner of Peterson Plumbing - showed attendees how to calculate where they stand financially, what they will need to retire at the level of wealth they desire, and how to control and balance their lives through personal goal-setting.
The highlight of the day? Attendees spent the afternoon playing CASHFLOW®, a board game that is a cross between Monopoly® and The Game of Life, developed by Robert T. Kiyosaki, author of “Rich Dad, Poor Dad: What the Rich Teach Their Kids about Money - That the Poor and Middle Class Do Not!”
The second day focused on growing the business and making it work for owners, not the other way around, in order to make the transition from working stiff to wealthy retiree. William Raymond, co-owner of Frank & Lindy Plumbing & Heating, walked attendees through the process his company underwent to achieve unprecedented profit. Other speakers focused on valuing a business, buying/selling businesses, and succession planning.