“If you don’t know where you’re going, you’ll end up someplace else.” Ryan Tansom learned the hard way what can happen if you don’t find your “why” or have a clear direction for your business. That’s why he has focused his career on helping you create success on your own terms through his 5-Step Intentional Growth Framework, which we discuss in today’s episode! 

About Ryan Tansom:

Ryan is an entrepreneur, speaker, podcast host, and Co-Founder and President of Arkona. Before founding Arkona, he revived his family business and then sold it for 8-figures in 2014. He is passionate about helping business owners create strategies that allow them the freedom to build the business the way they want.

Episode highlights:

• There are so many different pieces involved in growing and exiting a business. It’s important to understand all the options that exist so that you can make an informed decision that will fulfill your long-term goals. (09:00)
• Success means something different to everyone. Step one on the journey of achieving it is to understand what you really want, and why because if you don’t have a clear direction and motivation, you are likely to get lost along the way. (16:05)
• The 5 principles of the Intentional Growth Framework: personal drivers, financial targets, exit options, increase value, and a team of advisors. Understanding each of these principles will help you get the most out of your business. (17:12)
• Business partnerships are often fraught with challenges (as Ryan knows from experience) but creating frameworks can help to mitigate them by ensuring that everyone knows where they stand. (30:01)
• Entrepreneurship (and life) is a continuous learning journey. Always be open to absorbing more knowledge because the more you know, the better your decision-making capabilities will be. (42:30)
• Fun, wealth, impact; working at the intersection of these three factors is what Ryan sees as the recipe for a fulfilled life. (44:45)

Ryan’s best advice for entrepreneurs:

“If I’m more clear on what I want long term, and the multidimensional goals, then it’s more clear what I should be doing TODAY to get there .” (05:23) Without direction or intention, it’s easy to get lost in the multiple pieces that make up the entrepreneurial journey. 

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