66. Should You Build Profit or Build Wealth?—Ruth King, CEO, Business Ventures Corporation

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We’re sure you have heard people talk about building a profitable business and you have probably also heard about building wealth. But, when have you heard about these topics combined to make sure you are building a profitable and wealth-building company?

Our guest today, Ruth King, is a profitability and wealth-building expert! I have had the good fortune of being a guest on Ruth’s Profitability show about five years ago and I am so grateful she was willing to give some of her time to be a guest for us. The video link is included in the show notes.
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LINKS:
**Check out Ruth's website for more information: www.RuthKing.info
**Watch Tom DuFore be interviewed by Ruth: CLICK HERE
ABOUT OUR GUEST:
Ruth has written five books-two have become #1 bestsellers. One of her biggest achievements was helping a client with $750,000 in annual revenues. Sixteen years later, they sold the business for $9 million in cash.
After twelve years on the road and, doing 200 flights per year, Ruth knew there had to be a better way to reach business people who wanted to build their businesses and train their employees. She began virtual training on the Internet in 1998 and then launched the first television online broadcasting in 2002. Ribbon, the first online broadcasting network, began operations in January 2007. Ribbon channels currently include HVACchannel.tv and TheCouragetobeProfitable.com.
She was the founder of the Decatur, Georgia branch of the Small Business Development Center in 1982. She also started the Women’s Entrepreneurial Center and developed and facilitated a year-long course for women who wanted to start their own businesses. This course was the foundation for one of the classes at the Women’s Economic Development Authority in Atlanta, Georgia.

More recently Ruth was the instructor for ICE, the Inner City Entrepreneur program in conjunction with the Small Business Administration. This 16-week course taught business owners with at least $400,000 in revenues (and many had over $1,000,000 in revenues) how to grow their businesses to the next level. A large part of the curriculum was aimed at improving and understanding the financial knowledge.

Ruth holds a Masters in Business Administration in Finance from Georgia State University. She also holds Bachelor’s and Master’s Degrees in Chemical Engineering from Tufts University and the University of Pennsylvania, respectively.

Ruth is passionate about helping adults learn to read, photography, and running marathon races. She helped start an adult literacy organization in 1986 that currently serves over 1,000 adults per year, and she’s run the Boston Marathon and 9 other marathons so far…
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