Story Time How a $2M Business Was Wiped Out Overnight 🚨

Have a friend who built a $2 million dollar business over the past 8 years. But what happened in 90 days wiped him out. And I'm gonna tell you what he did so that you do not make the same mistake. Let's just say my friend's name is Johnny. Johnny had a successful landscaping and property management company. He made about $2 million in revenue. He had about 8 employees and he was in business for about 8 years. Now, what Johnny did wrong is that everything he had in his business was underneath one LLC. His equipment, his contract, his property, everything was underneath that one LLC. Then what happened was that one of his contractors got injured at his job. And the contractor sues Johnny. Johnny's insurance covered some of that lawsuit, but not all of it. The judgment after the judge, everything came to $1.4 million. Because Johnny only had one LLC and everything was underneath that one LLC, all of his personal assets were exposed. His house, which was almost paid off, his personal bank account, he had really nice cars. They came for everything, you guys. This is what Johnny should have done. He should have had multiple LLCs. Or he could have had a holding company that owns the equipment, the property, all the things that had value, and then just his operating business should have just made him money. Your operating business, if you're listening to me right now, should only have one job, and that job is to make you money. It should not hold your assets, your business assets, any of the things that hold value, including your liquid assets like money. Anything that has value should be put in like a holding company. I would have had a trust run his business. He would have had to trust run his business. This is what I teach you guys in my e-course so that you do not make the same mistake that I saw my friend Johnny make. If you want to learn how to truly protect yourself in business, I teach you how all of this is linked in my TikTok bio. It's called Wealth and Business Strategy. All you can click, structure, and then you need to set up a holding company after that, you need to set up a holding company that actually owns things of value, okay? I teach you all how to do all of this. It's linked in my TikTok bio. It's called Wealth and Business Strategy. All you can click, structure.