Why 99% of Business Owners are Leaving Money on the Table

From starting your business to running it, growing it and finally setting it up for a successful transition when the time comes, there are a host of challenges to overcome … and only a handful get it all right. Most end up leaving a lot of money on the table, one way or another.

A colorful pie chart.
(Image credit: Getty Images)

What if I told you 99% of all business owners are leaving significant wealth on the table or are at risk of seeing their wealth disappearing due to key mistakes and missed opportunities? Research indicates it's an unfortunate truth. Even more troubling is that this was the reality even before the COVID pandemic magnified many glaring issues that lead to these struggles.

The good news is there are solutions to dramatically improve your chances of being in the successful 1%.

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Homer Smith is a private wealth adviser with Konvergent Wealth Partners, a registered investment adviser, and separate entity from Kiplinger.


Homer Smith is an Investment Advisor Representative with Konvergent Wealth Partners. Investment advice offered through Integrated Partners, doing business as Konvergent Wealth Partners, a registered investment adviser.


This article was written by and presents the views of our contributing adviser, not the Kiplinger editorial staff. You can check adviser records with the SEC or with FINRA.

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Homer S. Smith IV, CFP®, CBEC®
Private Wealth Adviser, Konvergent Wealth Partners

A private wealth adviser with over 19 years of experience, Homer Smith of Konvergent Wealth Partners has dedicated his practice to working with business owners and families of wealth with complex financial planning needs. His mission is to simplify his clients' lives by quieting the noise in their personal and business lives, allowing them to focus on their purpose and goals. Homer enjoys spending time with his wife, daughters and their dogs – especially outdoors as they build their homestead.