Bonus: Choosing the Right Advisors to Manage the Emotion of Money

Why are emotional factors crucial in business negotiations? Stoy Hall, the CEO and founder of Black Mammoth, brings a unique perspective to wealth management rooted in inclusivity and holistic principles. Hall's experiences, including a transformative trip to Tanzania, have shaped his belief that true wealth transcends monetary gain, focusing instead on meaningful life experiences and living authentically. Founded in 2020, Black Mammoth caters to minority and women business owners, leveraging strategies of the ultra-wealthy to provide personalized financial planning and support. Hall's emphasis on communication, strategic planning, and emotional intelligence underscores his commitment to creating a supportive environment that fosters both personal and financial growth for his clients. Here’s what to expect this episode: Stoy Hall founded Black Mammoth in 2020 as a modern family office for minority and women business owners, focusing on inclusivity and holistic wealth management. Engaging multiple buyers in a business acquisition can significantly impact the value and finding the right partner for business owners. Identifying integration costs and seeking advice from experienced professionals are crucial in successfully aligning business acquisitions with wealth management strategies. Emotions and feelings play a significant role in business negotiations and sales, impacting decisions and outcomes more than monetary aspects. Connect with Stoy Hall:https://www.blackmammoth.com/ https://www.linkedin.com/in/stoyhall/Connect with Jacob Koenig: https://woodbridgegrp.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices