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The Hidden National Debt: How Government Spending Impacts Your Finances

USA GDP from 2014 to 2023 versus government spending
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Our government is spending around 50% of the gross revenue of the country. The real national debt, including the costs of social security, Medicare, and Medicaid, is now at $217 trillion in unfunded liabilities. Not the $36 trillion Congress pretends is the “debt.”.

The books are cooked. See https://usdebtclock.org/ on the bottom right.

This is $644,000 in debt for every citizen (man, woman, child, and retired person) in the USA. And $1.569 million for each working taxpayer. When are you paying off yours? How might you help stop an out of control government from spending?

 

*Government spending shown here is ChatGPT’s estimate of all federal, state, and city spending combined.

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Bob Norton

Bob Norton, a serial entrepreneur and investor, has built six companies, with four exits delivering $1B+ (25X ROI). He helps businesses 2X-10X growth through AirTight Management™ and secures funding. Founder of The CEO Boot Camp™ & Entrepreneurship University™.

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Want to 2X, 3X, or more your valuation? Join me for a free sample course on creating more Sustainable Competitive Advantage (SCA) for growth companies that want to hit $10M, $100M, or even $1B in sales eventually. Click the image below for full information on this course series.

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Growth & Scaling Course Series for $1M+ Company CEOs

Learn How the Top 5% of Entrepreneurs Succeed at Reaching $10M, $50M, and $100M+ When Only 1 in 400 Companies Achieves $10M in Sales, and 1 in 6,300 Reach $100M.

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Click on Your Company's Stage of Development Below Using this Boat Size Metaphor

Each stage has very different needs and a different management style. You must "shift gears," giving up what worked before at each previous stage. This is why many founders are replaced by "professional managers and CEOs." They do not adapt. And why more than 99.75% of founders get stuck between $1M and $10M in sales?

Click on your stage below to learn more.

STAGE 1:

Raw Startup - No Revenue yet

Just a couple crew members. Ideation stage and developing a product or service.

STAGE 2:

Early Revenue But Under $1M Annually

3 to 7 crew members. Some traction with paying customers.

STAGE 3:

Established - 7+ employees

Typically, $1M to $10M in Annual Sales but growing slowly.

STAGE 4:

Growth Expansion - Usually 25+ Employees

Sales typically over $2M+ and seeking to grow at 30%+ annually.

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Bob Norton, Our Founder and CEO oversees all engagements

Mr. Norton founded and sold four companies for over $1 billion total, returning a 25X ROI to investors. He has helped hundreds of companies as a trusted adviser, fractional CEO/COO and Board of Director member. He also created The CEO Boot Camp and has trained thousands of CEOs from over 45 countries.

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