Why Successful Business Owners Still End Up Broke (And How to Avoid It)

Описание: Most business owners focus on growth, sales, and scaling… but completely ignore the one thing that actually determines whether they end up financially free or financially trapped.

In this episode of Business Babble, we sit down with Will Burns from Carnethy Wealth to break down the financial basics that nobody teaches at school and most entrepreneurs leave far too late.

We talk honestly about:
What a financial advisor actually does and when you really need one
Why starting early matters more than how much you earn
How compound interest really works (in plain English)
The biggest financial mistakes business owners make
Pensions, ISAs, and why not using your allowances costs you thousands
How to extract profits from your business in a tax-efficient way
Why protecting your income and your business is just as important as growing it
The importance of planning your exit before you even think about selling
Why “DIY investing” often fails without the right mindset
How young people can build wealth even on an average wage

If you’re a business owner, entrepreneur, or someone who wants to build long-term financial security for yourself or your family, this conversation could completely change how you think about money.

This episode is not about get-rich-quick schemes or hype. It’s about mindset, planning, protection, and making your money work for you over the long term.

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