Host: Ryan Tansom

Happy Holidays, everybody! Today’s episode centers on reflection. We’re going to take a stroll through the most popular podcasts of 2019 and recap their best tips for entrepreneurs. Some of the topics I’ll cover include: Growth planning; social capitalism; serial entrepreneurship; financing options; and exit planning. (To name a few.) What better time than now to take a close look at your operations and efficiencies and see what improvements you can make next year?

So if you’re ready to learn how to operate an even better business or get a pinch more out of a deal, this podcast recap is for you.  I even break down what the real Growth & Exit Planning principles are that Arkona and I work with every day as well to give you the best start to the New Year possible.

What you’ll learn:

The top Life After Business interviews from 2019

The top stories of owners who started, grew and sold in a variety of ways

An explanation of the 5 Growth & Exit Principles

How each of the top interviews relate to one of the 5 Growth & Exit Principles

How to focus on long term value creation with the end in mind using the 5 principles

Stories of entrepreneurs who figured out what they wanted from their business and why

Ways to increase the value of your business

The 3 financial targets you should identify and monitor

The 5 main categories of exit options

How to work with your team of advisors to optimize your growth and exit

 

Principles #1 – YOUR DRIVERS

What drives you to work in your business?

You’re choosing to work in your business (otherwise you’d be doing any of a hundred other things), so why are you doing it? The answer to this question will tell you so much about what you should be focusing your energy on. If you’re no longer passionate about the business you have, perhaps it’s time to shift gears. You might balk at the idea of exit planning, but that’s exactly what you need. Whether an exit means turning into a passive owner or out-right retiring, you need to start planning what your business looks like without you at the helm. You’ll be pleasantly surprised about how many opportunities this opens up for you to rediscover your passion in life and make sure you’re on the right track for it.

Here are the top episodes on Principle #1 from 2019:

#174: The Entrepreneurial Leap With Gino Wickman​

#172: How To Create A Vision To Align Your Business & Your Life With Chris Yonker​

#170: How One Week Killed The Perfect Billion Dollar Deal With Sunny Vanderbeck​

#164: What Should I Do With The Company That I've Built? - With Hannah Paramore​

#157: Chasing Perfection: Shatter The Illusion; Minimize Self - Doubt & Maximize