Beyond 8 Figures

Start with the exit strategy in mind and work your way back to where you are today - this is how you lay down the path to your entrepreneurial success. In today’s episode of Beyond 8 Figures, Ramon Van Meer joins A.J. Lawrence to talk about his own entrepreneurial journey to success after running multiple outstanding companies that have brought in millions. 

Ramon believes it is his duty to help others succeed in the way he did. He made it his mission to help 500 people start their own businesses, so he is here today to share his best advice for the new and experienced entrepreneurs. 

About our guest: 

Ramon is a serial entrepreneur who has created, grown, and sold many successful businesses like the multi-million dollar Soap Hub and Growth Hacker TV. He is the founder and CEO of Alpha Paw, a pet-focused company that creates products made from sustainable and biodegradable materials that enhance the well-being of pets everywhere. Ramon has an incredibly inspiring story. An immigrant from The Netherlands, he was homeless as a teen. He was a single dad who started with nothing and overcame his past challenges to become an incredibly successful businessman. 

On Today’s Episode: 

• Where Ramon is on his entrepreneurial journey. -2:46 
• Why Ramon always has an exit strategy in mind for his businesses. -5:18 
• How Ramon’s business methods allow him the freedom to live his life the way he wants.- 9:35 
• The events that had the most significant impact on Ramon's success. -10:22 
• Why failure isn’t always a bad thing. -10:50 
• Ramon’s approach to authentic networking. -12:45 
• The difference between starting at the beginning of a business and starting in the middle. -19:50 
• Maintaining company culture when your business has grown beyond 20 employees. -21:21 
• The importance of understanding where your skillset is as an entrepreneur. -25:06
• How “overnight successes” actually take years. -28:50 
• How Ramon defines success. -30:00 
• Why Ramon prioritizes his son over his business success. -33:28

Key Takeaways: 

• When starting a business, it can be beneficial to think about the outcome you want and reverse engineer from there. This keeps you focused on the goal and more likely to succeed. 
• Failure doesn’t have to be a bad thing. Failure will happen more than success; you just have to learn from it instead of letting it defeat you. 
• It’s instrumental to your success as an entrepreneur if you focus on making you happy and then hire help for the rest. You are more likely to succeed if you aren’t caught up doing tasks you don’t enjoy. 
• When looking for help in your business, you can get a lot of support when you just approach people authentically. 
• When you have a new idea in business, it is helpful to move fast and optimize along the way. However, delaying and waiting for it to be perfect will only delay your success. 

Failure doesn’t have to be a bad thing. On the contrary, it can be the best way to learn and grow in your business. 

[10:49] “I was willing to take risks and have no ego about failure. It’s okay to fail.” 

What lessons have you learned from failing? Tell us in the comments, and don’t forget to say hello if you would like to share your entrepreneurship story on our podcast.

Mentioned in this episode:

• Clarity – An online source for startup advice from world-class experts.
• Dynamite Circle – An online network for entrepreneurs.
• Trends.co – Insights, analysis, and research resource. 
• Design Pickle – About the founder’s interest in creating more balance in life.

Connect with Ramon Van Meer: 

• Website: https://www.alphapaw.com/ 
• Twitter: @ramonvanmeer 
• Company Twitter: @alpha_paw 
• Facebook: https://www.facebook.com/alphapawofficial 
• Instagram: @ramon.vanmeer 
• Company Instagram: @alpha.paw
• LinkedIn: https://www.linkedin.com/in/ramon-v-a19a01144/ 
• Company LinkedIn: https://www.linkedin.com/company/alpha-paw/ 

Follow Beyond 8 Figures:

• Website: Beyond8Figures.com
• Twitter: @beyond8figures 
• Facebook: Beyond 8 Figures
• Instagram:@b8fpodcast
• Email: [email protected]
• Linkedin: https://www.linkedin.com/company/beyond-8-figures/

Team building is often overlooked by new entrepreneurs but it is an important aspect when it comes to business growth. In this episode of Beyond 8 Figures, Anthony Hayes from The Hayes Initiative talks with us about hiring, adaptability in business, entrepreneur routines, setting boundaries, and so much more. 

Anthony puts a lot of effort and attention into his business and he is sharing why team building for business growth matters to him, and how we can focus more on building the right team and treating them well for lasting business success.

About our guest: 

Anthony has an incredibly impressive background. He is a huge advocate for the rights of the LGBTQ+ community and strives to bring inclusivity into everything he does. He has some truly remarkable experience in his belt including working on Secretary Hillary Clinton’s campaign in 2016 and helping to launch programs that help immigrants affected by the pandemic. His firm, The Hayes Initiative, does stakeholder management, government management, and relations

On Today’s Episode: 

• Where Anthony sees himself in his entrepreneurial journey. -3:23 
• How Anthony’s job has changed year over year as an entrepreneur. -6:22
• Why it’s so beneficial to have a smaller “boutique” group of employees and how it allows you more flexibility. -8:58
• What has had the biggest impact on Anthony’s entrepreneurial journey. -10:21
• Why Anthony has struggled to get out of the nitty-gritty of his business.  -14:45
• Finding balance in business. -21:20
• Why Anthony feels that routine is so important for business owners. -21:37
• How Anthony defines success in his entrepreneurial journey. -30:21
• The way Anthony structures his business so his team benefits when they do well financially too. -32:49

Key Takeaways: 

• When hiring, it is important that we slow down, be very intentional, and think about the long-term so that we can find the right people for each role. 
• When you grow your business, it is essential that you learn to adjust and change your job to fit what your business needs. Being flexible and rolling with the transitions in business will help you push past it. 
• As entrepreneurs, establishing a routine can be the key to sustainable success. It is important that we take time to set up a routine so that we can focus on what’s important for us.  
• Setting boundaries in our business can be a very beneficial thing as entrepreneurs because it sets clear rules and expectations for those we work with. 
• The bottom line is not always the most important thing in business. As entrepreneurs, we can instead focus on whether or not our team is making a good living.  

When we start a business, it is vital that we adapt and transition as our business grows.   

[14:45] “As a leader, your job has to change when you start something new.” 

How has your role changed in your business as it has grown? Tell us on our social media, and don’t forget to say hello if you would like to share your entrepreneurship story on our podcast. 

Connect with Anthony Hayes: 

• Website: https://hayesinitiative.com/
• Facebook: https://web.facebook.com/HayesInitiative/
• Twitter: @AnthonyJHayes
• Instagram: https://www.instagram.com/anthonyjhayes/ 
• LinkedIn: https://www.linkedin.com/in/anthonyjhayesnyc/
• Hayes Initiative LinkedIn: https://www.linkedin.com/company/thehayesinitiative/

Follow Beyond 8 Figures:

• Website: Beyond8Figures.com
• Twitter: @beyond8figures 
• Facebook: Beyond 8 Figures
• Instagram:@b8fpodcast
• Email: [email protected]
• Linkedin: https://www.linkedin.com/company/beyond-8-figures/

Connect with Insights Lab: 

• Website: https://insightslab.ai/
• Facebook: https://www.facebook.com/TheInsightsLab/
• Instagram: @insightslab.ai
• Email: [email protected]
• LinkedIn: https://www.linkedin.com/company/insightslab-ai/

Alternative investments have been gaining much interest in the past few years. So today, we are talking to an alternative investing expert and inspiring entrepreneur Stefan von Imhof, founder of Alts.co, a leading alternative investing community. He’s no stranger to failing and learning along the way to build a business that not only brings success but also points you towards your true north. 

About our guest: 

Stefan has always had a passion for analysis and valuations and had years of successful experience in companies like Flippa and HG Insights. He started his first business right after college, he has bought and sold many websites and newsletters., and now is the CEO of Alts.co. Stefan is originally from Boston but now lives with his wife and Boston Terrier, Charlie, in Australia.  

On Today’s Episode: 

• Where Stefan sees himself on his entrepreneurial journey. -3:15 
• Why Stefan was temporarily afraid of entrepreneurship. -5:55 
• How and why Stefan started The Alternative Investments Newsletter.-8:15 
• The biggest challenges that Stefan faces as an entrepreneur. -12:40
• Why Stefan feels that there is absolutely no room for the ego as a startup CEO. -14:48
• Why slow and steady doesn’t always win the race. -15:30
• Why Stefan still has constraints in his business even though it is successful. -17:10
• Why the biggest growth hack that Stefan knows is acquisition entrepreneurship. -18:35
• How hiring and taking on a co-founder had the biggest impact on Stefan's business. -21:37 
• What entrepreneurs need to know about alternative markets. -37:21
• How Stefan defines success for himself and his business. -42:15

Key Takeaways: 

• It’s good for entrepreneurs to go through things that don’t work out because you learn how quickly things can happen and what to watch out for in the future.
• As entrepreneurs, sometimes we have to let go of that “bootstrapper” mentality of doing everything yourself. We can’t grow the way we need to unless we are willing to delegate specific tasks to focus on the bigger picture. 
• There is no room for ego in business. When people are only interested in pushing their own agendas and not listening to others, they stop working as a team.  
• As entrepreneurs, we can deviate from the path from time to time, but to find success, we must keep pointing to our own true north.  

As entrepreneurs, we must protect our time to focus on the bigger picture and achieve more success.  

[13:23] “One of the biggest mistakes I made as a bootstrapper in my first business is that I was so caught up in the day-to-day that I wasn’t seeing the value of where my time was going.” 

How do you protect your time in your business? Tell us in the comments, and don’t forget to say hello if you would like to share your entrepreneurship story on our podcast. 

Connect with Stefan Imhof: 

• Website:
  •  https://alts.co
  • Personal: https://stefanvonimhof.com/
  • Company:https://alternativeassets.club/
• Twitter:
  • @stefanvonimhof
  • @altassetsclub
• YouTube: https://www.youtube.com/channel/UCpmgk4gzQ56QvpyegBJJVQA
• Instagram: @alts_co
• LinkedIn: https://www.linkedin.com/company/alt-assets-inc/

Follow Beyond 8 Figures:

• Website: Beyond8Figures.com
• Twitter: @beyond8figures 
• Facebook: Beyond 8 Figures
• Instagram:@b8fpodcast
• Email: [email protected]
• Linkedin: https://www.linkedin.com/company/beyond-8-figures/

Connect with Insights Lab: 

• Website: https://insightslab.ai/
• Facebook: https://www.facebook.com/TheInsightsLab/
• Instagram: @insightslab.ai
• Email: [email protected]
• LinkedIn: https://www.linkedin.com/company/insightslab-ai/

Yes, yes, this is not a typo. Today we’ll touch on the topic of being an Intrapreneur - how it fits into the concept of modern entrepreneurship and what you can do to set up yourself for success. Our guest this week is Andres Moran, a successful entrepreneur and intrapreneur, who loves to get inside start-ups and come up with innovative ways to find business success. 

Andres is all about working with others for a stronger business. Tune in to hear his top business tips and why he feels the value you bring is the strongest indicator of your success. 

About our guest: 

As the Vice President of Sales and General Manager of Wunderkind Advertising, he knows a thing or two about marketing a successful business and has more than proved that he is an entrepreneur worth learning from. He is highly experienced in starting successful businesses and isn’t afraid to share his knowledge and help the next entrepreneur in line. 

On Today’s Episode: 

• Where Andres sees himself on his entrepreneurial journey. -3:16 
• Andres’s role at Wunderkind now and the benefits of working with this company. -6:41 
• Why you should consider having a co-founder in your business. -7:44 
• Why one of the biggest threats to start-ups in their infancy is co-founder disputes. -9:07 
• The experience that had the biggest impact on Andres as an entrepreneur. -10:05 
• Why entrepreneurs struggle with traditional employment roles -10:44 
• How Andres’ company handles ads in a way that is different from the rest and how it can be more effective. -16:00 
• What Andres finds interesting about the advertising methods of the world’s biggest companies. -20:15 
• How Andres defines success on his entrepreneurial journey. -25:37 
• The value that you deliver to your clients is the ultimate measure of your success. -26:02 

Key Takeaways: 

• Entrepreneurship can be a lonely journey. Having a champion in your corner can give you someone to help solve any problems that come up and celebrate success with. 
• Gaps in your skill sets as an entrepreneur could be filled by a co-founder because they bring a fresh perspective and their own skills. 
• Business advertising doesn’t have to follow the same rules as everyone else's ads. Sometimes thinking outside the box with the way you present your ads can make a huge difference in your results. 
• Watching the moves of the world’s biggest companies can teach you many things that can benefit your business because it can teach you what works for them.
• It’s important to expand on the value you can bring your customers. Focusing on this will bring your customers back again and again. 

Finding a business partner or co-founder can give you a companion to share your business success and struggles with.  

[7:44] “I always advise entrepreneurs to get a co-founder. Solo-entrepreneurship can be a lonely path.”

How do you provide value to your clients? Tell us on social media, and don’t forget to say hello if you would like to share your entrepreneurship story on our podcast. 

Connect with Andres Moran: 

• Website: https://www.wunderkind.co 
• Facebook: https://www.facebook.com/BeWunderkind 
• Twitter: @DreMoran 
• Wunderkind Twitter: @Wunderkind 
• Instagram: @bewunderkind
• LinkedIn: https://www.linkedin.com/in/andresmoran/ 
• Wunderkind LinkedIn: https://www.linkedin.com/company/bewunderkind/ 

Follow Beyond 8 Figures:

• Website: Beyond8Figures.com
• Twitter: @beyond8figures 
• Facebook: Beyond 8 Figures
• Instagram:@b8fpodcast
• Email: [email protected]
• Linkedin: https://www.linkedin.com/company/beyond-8-figures/

Connect with Insights Lab: 

• Website: https://insightslab.ai/
• Facebook: https://www.facebook.com/TheInsightsLab/
• Instagram: @insightslab.ai
• Email: [email protected]
• LinkedIn: https://www.linkedin.com/company/insightslab-ai/

As entrepreneurs, it’s easy for us to get swept up into all of the work tasks we need to complete and forget to nourish our personal relationships in the process. Today's guest, Jenny Holmström, CEO of Coupleness, is here to share some relationship advice for entrepreneurs. Jenny shares how we can strengthen those relationships that may have been put on the backburner using active love and the Coupleness app. 

Make sure to tune in to hear more about the app and how building better relationships can help you become a better entrepreneur. 

About our guest: 

Jenny is the CEO and co-founder of Coupleness, an innovative communication platform that seeks to promote relationship wellness for couples. She is a strategic and creative entrepreneur who isn’t afraid of a little hard work to achieve her goals. She thrives while working on her own or as a team to reach business success. Jenny is a high-energy person who is highly driven to create value in everything she does.  

On Today’s Episode: 

• Where Jenny is on her entrepreneurial journey. -2:55 
• What active love is and why entrepreneurs could benefit from practicing it. -4:19
• What the onboarding process for Coupleness looks like. -7:36 
• How Jenny applies the concepts from Coupleness into her own relationships as an entrepreneur. -10:07 
• How staying curious in our relationships can help strengthen them and give us a stronger foundation. -12:21
• Why believing in herself helped Jenny become a better entrepreneur. -14:16
• What happened to cause Jenny to start Coupleness. -15:03 
• The importance of surrounding yourself with the right people to find business success. -17:15 
• How to fit more active love into your busy day as a business owner. -22:48 
• How Jenny defines success in her business journey. -24:42 
• The stigma around mental health and couples therapy. -25:11 

Key Takeaways: 

• When our core relationships are strong, we have a stronger ability to be an entrepreneur because we have a solid foundation.
• Having designated time to work on our relationships as entrepreneurs can help us take better care of ourselves as well because it helps us grow stronger as a whole.
• Working on your relationship doesn’t have to be a huge task. Doing small things for your partner each day can have a positive impact. 
• Surrounding yourself with the right people can make a difference in your business success because they will bring their own skill sets to help you grow.
• Taking care of your mental health is important as an entrepreneur because if you are not strong, it is more difficult for your team and business to grow. 

Creating good habits in our relationships with active love builds a more solid foundation so that we can grow and succeed in all aspects of our lives. 

[5:16] “My mission is to get people on board with the active love journey and have good habits in their relationships.” 

What do you do to keep your relationships strong while growing your business? Tell us in the comments, and don’t forget to say hello if you would like to share your entrepreneurship story on our podcast. 

Connect with Jenny Holmström: 

• Website: https://en.getcoupleness.com 
• Facebook: https://www.facebook.com/coupleness 
• Twitter: @Jennyholmstrm
• Instagram: @docoupleness
• LinkedIn: https://www.linkedin.com/in/jennyholmstrom/ 
• Coupleness LinkedIn: https://www.linkedin.com/company/coupleness/ 
• YouTube: https://www.youtube.com/channel/UCBy7Jo9nb0JQSVqYxa6TC0Q 

Follow Beyond 8 Figures:

• Website: Beyond8Figures.com
• Twitter: @beyond8figures 
• Facebook: Beyond 8 Figures
• Instagram:@b8fpodcast
• Email: [email protected]

Connect with Insights Lab: 

• Website: https://insightslab.ai/
• Facebook: https://www.facebook.com/TheInsightsLab/
• Instagram: https://www.instagram.com/insightslab.ai/
• Email: [email protected]
• LinkedIn: https://www.linkedin.com/company/insightslab-ai/

Tech sales is an industry with a surprisingly high turnover due to the lack of sufficient training. A better system for finding the right candidates and providing adequate training will help business owners find employees who are in it for the long run and ready for more fulfilling careers. Today's guest, Joseph Fung from Uvaro specializes in making this whole process easy and effective for business owners and employees. 

Tune in to hear more about the process of finding the right employees for your company and how to keep them long-term. 

About our guest: 

Joseph Fung is the founder of Uvaro, a company that creates a better way to grow careers. He is known for his skills and knowledge in Entrepreneurship, SEO, Business Development, User Interface Design, Web Development, Startups, and others. 

On Today’s Episode: 

• Where Joseph sees himself on his own entrepreneurial journey-2:23 
• The importance of pushing boundaries in business for growth. -4:48 
• Recognizing boundaries in business and chances to bring your A-game. -6:23 
• How to improve the process of meetings to make them more effective. -10:44 
• The series of events that have made the biggest impact on Joseph's career as an entrepreneur. -13:05 
• What a good business coach can do for you. -16:05
•  The process Joseph’s company uses to find the right people and train them to perform and succeed. -18:50
• The power of forming a peer group or network when job searching and how Joseph provides that for his customers. -23:15
• The difference between direct hires for companies and Uvaro members. -26:11 ● How Uvaro gives members an advantage when transitioning into the tech industry. -28:17 
• The new set of problems businesses are seeing and what we need to pay attention to. -30:27 
• How Joseph defines success in his business. -32:45 

Key Takeaways: 

• As entrepreneurs, sometimes we need to strategically pump the breaks so that the
• outcome is stronger, especially when hiring. Paying extra attention to the details will help you focus on the qualities you need in an ideal candidate. 
• To have more effective team meetings, go into them with a specific outcome in mind and plan accordingly. This will help you stay on task and complete the meeting in a timely manner. 
• Sometimes it’s the negative interactions that make you a better entrepreneur and leader because they end up being learning experiences.  
• A network or circle can be a huge benefit for your employees because they get support and build long-lasting careers. 
• As entrepreneurs, we must pay attention to societal or economic realignments going on in the world so that we can adjust and come up with new opportunities. 

Empowering our employees to succeed is a key component of retention. Pushing boundaries and finding new ways to do things is a great way to do this. 

[4:51] “I like to play with those edges and push those boundaries. Sometimes you fall, but sometimes you surprise yourself with greatness.” 

How do you inspire greatness in your employees? Tell us in the comments, and don’t forget to say hello if you would like to share your entrepreneurship story on our podcast. 

Connect with Joseph Fung: 

• Website: https://uvaro.com 
• Facebook: https://www.facebook.com/uvaro.life 
• Twitter: https://twitter.com/josephfung 
• Instagram: @josephfung   @uvarolife
• LinkedIn: https://www.linkedin.com/in/josephfung

Follow Beyond 8 Figures:

• Website: Beyond8Figures.com
• Twitter: @beyond8figures 
• Facebook: Beyond 8 Figures
• Instagram:@b8fpodcast
• Email: [email protected]

Connect with Insights Lab: 

• Website: https://insightslab.ai/
• Facebook: https://www.facebook.com/TheInsightsLab/
• Instagram: https://www.instagram.com/insightslab.ai/
• Email: [email protected]
• LinkedIn: https://www.linkedin.com/company/insightslab-ai/

As a business owner, do you ever dream of one day hitting all of your financial goals so that you can sit back and enjoy the ride? To do so, you need to manage your business finances well. One way to do that is to really understand your business’s numbers and prioritize your profit first. Today’s guest is Rocky Lalvani, a certified Profit First Professional, joins A.J. to talk about the importance of prioritizing your business profit to hit those business goals you have always dreamed of. 

About our guest: 

Rocky Lalvani is a certified Profit First Professional and host of the Profit Answer Man podcast, where he shares his best tips for setting your businesses up for success and maximum profit. 

He sees money as a tool that can open countless doors if used well. Rocky is passionate about managing finances. His mission is to educate and help small business owners prioritize their profit to achieve the wealth and lifestyle they want at a fraction of the cost. 

On Today’s Episode: 

•  Where Rocky is on his entrepreneurial journey -2:02
•  Why do the smallest changes add up to the biggest success? -4:27 
• The steps Rocky takes to further his business education. -5:41 
• The power of testing ideas and carving into niches as entrepreneurs. -10:56 
• The types of customers that Rocky works within his business -12:16 
• The usual process for Rocky’s program. -13:25 
• Why accountability and discipline create results. -16:50 
• The importance of sitting down and doing the math to determine your business moves. -18:57 
• Why do business owners need to understand what their break-even point is. -22:27 
• How to look at your business and determine how best to prevent mistakes. -24:21 
• Why you need to decide how much is enough so that when the time comes, you can sit back and enjoy the ride. -27:15 
• How to teach your kids about money in a way they will actually learn from in a simple and understandable way. -29:41 

Key Takeaways: 

• You can deal with sucker punches in life and business if you have cash reserves. 
• You need to focus on your numbers and remember to pay yourself a fair wage if you want success in your business. 
• You can get yourself off of the hamster wheel by working less and making more. 
• It is important to know how much is really enough so that you can finally step back and enjoy the fruits of your labor. 
• Making money is important, but it is just as important to learn how to keep the money. 

Everyone has their own definition of success. For some entrepreneurs is freedom over profit.

[26:39] “For me, success is time freedom first and foremost.” 

What does financial freedom mean to you? Tell us in the comments, and don’t forget to say hello if you would like to share your entrepreneurship story on our podcast. 

Connect with Rocky Lalvani: 

• Website: https://profitcomesfirst.com 
• Website: https://richersoul.com/
• Podcast: https://profitcomesfirst.com/podcast/
• Facebook: https://www.facebook.com/richersoul/ 
• Twitter: @rockylalvani 
• Instagram: https://www.instagram.com/richer.soul/ 

Follow Beyond 8 Figures:

• Website: Beyond8Figures.com
• Twitter: @beyond8figures 
• Facebook: Beyond 8 Figures
• Instagram:@b8fpodcast
• Email: [email protected]

Connect with Insights Lab: 

• Website: https://insightslab.ai/
• Facebook: https://www.facebook.com/TheInsightsLab/
• Instagram: https://www.instagram.com/insightslab.ai/
• Email: [email protected]
• LinkedIn: https://www.linkedin.com/company/insightslab-ai/

One of the many perks of owning a business is an opportunity to pass your business and wealth down to your family. Multigenerational businesses are a great way to do some long-term family planning. Our today’s guest is Mike Boyd, the host of The Business of Family. He interviews successful families and their advisors to learn how they steward their wealth across generations and manage succession issues to "keep it in the family.”

Tune in to hear how you can create a family enterprise that can last your family for generations to come. 

About our guest: 

Mike Boyd is a serial entrepreneur with an impressive business portfolio. He specializes in helping entrepreneurs grow their family businesses into family enterprises that can stand the test of time. Unfortunately, most companies don’t last longer than three generations, and Mike is on a mission to help educate entrepreneurs on this topic through his podcast, The Business of Family. 

On Today’s Episode: 

• Who is Mike Boyd? - 0:36 
• Where Mike sees himself in his entrepreneurial journey. - 4:02 
•  Mike's calmer approach to business and portfolio entrepreneurship. - 4:55
• What had to change for Mike with his business portfolio. - 6:50 
• One of the biggest mistakes in his career and the lesson he had to learn from it. - 9:07 
• The biggest impact on Mike’s experience as an entrepreneur. -11:28 
• Using digital intangibles in business to keep costs low. - 14:48
•  The benefits of automating operations. -16:57
• Risk types in business. - 18:54
• The importance of having a long-term view on business and life. -21:41 
• Having a family constitution, family meetings, and a family value system. -23:30
• How most family wealth is gone by the third generation. -24:14
• Generational storytelling and passing down wisdom is a powerful force. -28:09
• The difference between a family business and a family enterprise. -35:41 
• How Mike plans to continue educating entrepreneurs on managing generational wealth while keeping families together. -38:51
• The importance of staying in the game when it comes to business. -40:46
• The impact of bringing meaning and purpose to your business. -42:58

Key Takeaways: 

• Generational storytelling and passing down business wisdom can significantly impact the strength of your family and their success going forward. 
• If you inherit a family business, think of yourself as a steward to grow it and leave it even better than before and provide a way for future generations to thrive. 
• Focusing on the profit motive and staying in the game can bring a tremendous amount of success and help you weather the storms that life brings.
• Diversifying your family wealth can give it even more staying power for multiple generations.  
• Giving your business purpose and meaning beyond yourself can light you up when you feel lost. 

You can create family enterprises that last for multiple generations. 

[37:45]  “We’re not trying to diminish the wealth, we are trying to grow it. As a result, we are stewarding whatever we inherited and passing it down to the next generation in a better condition than when we inherited it.” 

How can you create a family business that will continue to thrive through each generation? Tell us in the comments, and don’t forget to say hello if you would like to share your entrepreneurship story on our podcast. 

Connect with Mike Boyd: 

• Web: https://mikeboyd.com.au/
• Podcast: https://www.businessoffamily.net
• Linkedin: https://www.linkedin.com/in/mikeboyd08/
• Twitter: @MikeBoyd

Follow Beyond 8 Figures:

• Website: Beyond8Figures.com
• Twitter: @beyond8figures 
• Facebook: Beyond 8 Figures
• Instagram:@b8fpodcast
• Email: [email protected]

Connect with Insights Lab: 

• Website: https://insightslab.ai/
• Facebook: https://www.facebook.com/TheInsightsLab/
• Instagram: https://www.instagram.com/insightslab.ai/
• Email: [email protected]
• LinkedIn: https://www.linkedin.com/company/insightslab-ai/

Starting a business from scratch isn’t the only way to create profit. Acquiring a business, growing it, and selling it could be a much simpler way to achieve your wealth goals. Jeremy Harbour, the world-leading expert on mergers and acquisitions (M&A), joins A.J. to discuss how you could build more wealth than you ever dreamed of by acquiring businesses and selling them for a profit.  

Tune in to hear how Jeremy grew his wealth exponentially by doing this and how you can too. 

About Jeremy Harbour: 

Jeremy Harbour is an accomplished entrepreneur known for his expertise in attracting investment and creating opportunities for small and medium businesses to scale. As the founder of The Unity Group of Companies, he has paved the way for entrepreneurs to thrive in the world of mergers and acquisitions. He is also the visionary behind The Harbour Club, an exclusive invite-only M&A training seminar designed to equip students with the tools and strategies to buy and sell businesses without the need for capital or taking on excessive debt.

Drawing upon his extensive knowledge and experience, Jeremy has authored insightful books, including “Go Do Deals“, “Agglomerate“, “Why You Should Never Buy A Company That’s For Sale“, “Go Do!”, and “Democratizing Wealth“, that offer valuable insights on successful acquisitions, challenging conventional wisdom, and offering guidance for starting and growing your business.

For detailed reviews of these exceptional books, please visit: Go Do Deals, Agglomerate, Why You Should Never Buy A Company That’s For Sale, Go Do!, and Democratizing Wealth (Book Reviews)

On Today’s Episode: 

•  Who is Jeremy Harbour? - 0:59 
•  Where Jeremy sees himself in his entrepreneurial journey. - 4:01 
•  How entrepreneurs are the change agents in society. - 4:49 
•  The disconnection between global capitalism and small businesses. - 6:26 
• The three fundamental problems that institutional investors have. - 9:09 
•  The challenges with search funds. -10:29 
•  The funding strategies in Jeremy’s program. - 13:08 
•  Why the best time to sell your business is now. -15:25 
•  The series of epiphanies Jeremy has had on his entrepreneurial journey. -16:05
• How acquiring a business just for key people can be a great move. - 18:50 
•  What happens when you sell a company. -20:20 
•  How private wealth banking has exponentially grown Jeremy’s wealth. -21:26 
• The criteria Jeremy met to qualify for Private Wealth Banking -26:23 
•  How Jeremy structures his programs so that his students get the most value. -29:22
• The importance of researching mentors before you invest. -35:21 

Key Takeaways: 

•  There are many types of business funding, and they aren’t all created equal. Securing capital for your business ventures can be difficult and time-consuming. 
•  Acquiring a business can be more beneficial than starting one from scratch because you can take the company that was already built and grow it exponentially and sell it later on. 
•  Selling your business can provide you with opportunities you didn’t realize existed. You can get so much time back and the money to invest in opportunities that can grow your wealth. 
•  You can turn the profits from selling your business into passive income. There are many ways to do this. You will gain so much of your time back to focus on growing what you have. 
•  Investing in business education can give you an enormous advantage. Of course, you should always research mentors before spending money. The right one can hugely impact your success.

You don’t have to build from the ground up to own a successful business. 

[18:37] “You can stick another engine on the plane. You’ve got the organic stuff- your sales, your marketing. The other engine you can add is acquiring business to either give you the product, revenue, or the talent.” 

How can you apply this principle in your business practice? Tell us in the comments, and don’t forget to say hello if you would like to share your entrepreneurship story on our podcast. 

Connect with Jeremy Harbour: 

• Website: https://harbourclubusa.com/ 
• E-Book: https://harbourclubusa.com/ebook/ 
• Facebook: Jeremy Harbour
• LinkedIn: The Harbour Club

Follow Beyond 8 Figures:

• Website: Beyond8Figures.com
• Twitter: @beyond8figures 
• Facebook: Beyond 8 Figures
• Instagram:@b8fpodcast

Connect with Insights Lab: 

• Website: https://insightslab.ai/
• Facebook: https://www.facebook.com/TheInsightsLab/
• Instagram: https://www.instagram.com/insightslab.ai/
• LinkedIn: https://www.linkedin.com/company/insightslab-ai/

Affiliate Disclaimer: Some links in this episode are affiliate links. If you make a purchase through these links, we may earn a commission at no extra cost to you. Rest assured, we only promote products/services we believe will benefit your entrepreneurial journey. 

How do you create a multilevel business positioned for growth? Chris Ronzio, founder and CEO of Trainual, joins A.J. to discuss how mapping out the roles and responsibilities in your organization can help you delegate and scale. And of course, maintaining and enjoying your work-life balance. 

About Chris Ronzio:
Chris Ronzio is the founder and CEO of Trainual, EY Entrepreneur of the Year 2021, and Phoenix Business Journal 40 Under 40.

He is also the author of the #1 Amazon bestseller, “The Business Playbook“, where he shares a proven framework for business owners to create a good playbook that codifies their company’s culture, empowers their team, and enables them to relinquish day-to-day responsibilities. This invaluable resource equips leaders with strategies to foster growth without being tied to every operational detail.

For a comprehensive book review, check out this page.

On today’s episode:

• Meet Chris Ronzio, Author, and Founder of Trainual – 01:11
• Chris’s shares where he is in his life and on his entrepreneurial journey – 04:13
• How Chris’s approach to things as an entrepreneur has changed over the years – 05:35 
• What has had the most impact on his growth as an entrepreneur – 06:30
• How people are using his book, “The Business Playbook,” and his company Traniual to improve their businesses – 08:21
• How to map out your roles and responsibilities in your business so you can hand them off to somebody else – 9:21
• The easy way to navigate the connections in your business  – 13:27
• The four buckets you need to document for your business – 17:26 
• What is trainable and what is not and how to speed up someone's time to productivity – 20:46
• What Chris is finding cool right now in business – 25:23
• How the global audience is speeding up the success of today’s businesses – 28:18
• Chris shares the fast track to creating a successful multi-level business structure – 30:23
• How Chris defines success and how that definition has changed over the years – 31:07 

Key Takeaways:

• The idea of creating the processes and procedures in your business can seem monumental. So start small by documenting the static stuff. 
• Building a company positioned for growth without allowing it to take over your life begins with delegation. First, map out your roles and responsibilities in the company. Then determine which things are trainable, so you can hand them off to somebody else.
• Ready to get started? Chris’s book, The Business Playbook, offers a framework for building the blueprint that includes your people, policies, and processes. 

What can you delegate in the new year?

Share with us how you plan to delegate in 2022  and follow Beyond 8 Figures on social media – we share a ton of helpful content there!

Connect with Chris Ronzio 

• Website: Chris Ronzio: Official Website
• Website: Trainual 
• Twitter: @ChrisRonzio
• LinkedIn: Chris Ronzio on LinkedIn
• Instagram: @ChrisRonzio
• Facebook: Chris Ronzio

Follow Beyond 8 Figures:

• Website: Beyond8Figures.com
• Twitter: @beyond8figures 
• Facebook: Beyond 8 Figures
• Instagram:@b8fpodcast

Connect with Insights Lab: 

• Website: https://insightslab.ai/ 
• Facebook: https://www.facebook.com/TheInsightsLab/
• Instagram: https://www.instagram.com/insightslab.ai/
• LinkedIn: https://www.linkedin.com/company/insightslab-ai/ 

Affiliate Disclaimer: Some links in this episode are affiliate links. If you make a purchase through these links, we may earn a commission at no extra cost to you. Rest assured, we only promote products/services we believe will benefit your entrepreneurial journey.