ECONOMIC TERMITES

By Robert Wolf

Author and Asset Coach Robert Wolf has written the book Economic Termites to point out four different ways that your business—as well as your personal economic situation—may be suffering. Some of the ways business owners approach income and taxes can be “silent destroyers” of real wealth—like termites can cause damage without us even knowing about it until it’s too late.

According to Orkin,

“Termites are often called the ‘silent destroyer’ because they may be secretly hiding and thriving in your home or yard without any immediate signs of damage.”

As a business owner, there is no separation between your business life and your personal life. When decisions are made in one area, they affect the other. In the book, The Economic Termites, author Robert Wolf touches on the following topics which can affect your wealth:

  • Taxes
  • Inflation
  • Time
  • Laws and Regulations