Richard Walsh and Stephanie Hayes delve into building business value for a future exit, focusing on asset-based models. Stephanie shares her transition to business advising and emphasizes the significance of recognizing business assets and building a partner ecosystem. They explore scaling challenges, growth strategies, and the shifting value of businesses. The conversation highlights the importance of self-awareness, aligning business with personal strengths, and rediscovering business potential. They discuss overcoming tech resistance, effective delegation, and building self-managing teams. The episode concludes with insights on mindset, avoiding micromanagement, and the value of personalized coaching from Stephanie Hayes.

(0:00) Introduction and Building Business Value for Future Exit

(1:01) Sponsor: SharpenTheSpearCoaching.com

(1:28) Introduction of Guest Stephanie Hayes

(2:03) Stephanie Hayes' Background and Transition to Business Advising

(5:55) Asset-Based Business Models and Building Value

(7:04) Reasons for Selling and Building a Partner Ecosystem

(9:59) Scaling Challenges and Importance of Business Assets

(12:13) Personalized Coaching and Asset Recognition

(16:14) Shifting Business Value and Growth Strategy

(22:42) Pattern Interrupters and Business Owner Roles

(25:48) Travis Rossbach's Journey and Embracing Discomfort

(31:21) Self-Awareness and Aligning Business with Personal Strengths

(39:38) Rediscovering and Realigning Your Business

(42:27) Financial Understanding and Overcoming Tech Resistance

(47:59) Choosing Software Tools and Delegating Effectively

(53:57) Building Self-Managing Teams and Fostering Independence

(1:00:22) Pitfalls of Micromanagement and Empowering Others

(1:02:28) Aligning with Purpose and Comfort with Chaos

(1:05:01) Mindset Work, Self-Sabotage, and Accountability

(1:09:40) Individualized Coaching Importance

(1:11:47) Contacting Stephanie Hayes for Coaching

(1:13:47) Final Encouragement and Podcast Insights