If you want to get rich with your own company, stick to these 12 criteria (PART 2)

This is a continuation of the first part of this article (1 - 6)

1. The ideal company has a strong free cash flow
   Payments that will not be received until far into the future do not exist.

2. The ideal company has relatively little government intervention and regulation
   The less interference, the better.

3. The ideal company is easy to move
   If you decide that you prefer to spend the winter months in the south of Spain than in the Netherlands or Belgium, this is no problem for the ideal company.

4. A crucial and often 'forgotten' element: the ideal company offers intellectual satisfaction
   When there is intellectual satisfaction, you will notice that you do not see the work for your company as work at all.

5. The ideal company ensures that you have a lot of free time
   In other terms, it is by no means necessary that you 'work' twelve, sixteen or even eighteen hours a day. The many 'free time' then ensures that you have time to work on your company, instead of being forced to work in your company. With time-consuming professions such as barber or lawyer, this is often difficult to achieve, unless people are hired for this.

6. Very important: the ideal company does not depend on the number of hours you are working
   Hairdressers and lawyers, for example, have to make more hours when they want to earn more. With the ideal company, you can sell just as easily to 1, 100 or 10,000 customers.

Hendrik Oude Nijhuis spent years studying the strategies of the world's best investors and is also the founder of warrenbuffett.nl about the investment strategy of Warren Buffett. This column is not intended as individual advice for making investments.

THE END...