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The pod's strapline is "reverse engineering the formula for successful scale, sale, exit, and life on the other side," and that's exactly what we discuss in this episode—strategically reverse engineering success. 

My guest today is Damian Connolly, the founder of a boutique accountancy business that focuses specifically on getting founders exit-ready and maximising their business sale value and terms.

Most business owners only sell once and are often unprepared for the most significant financial transaction of their lives, so our conversation will help you understand the process and what you should consider.

• During the discussion, Damian shares the 5 key issues to focus on several years out from your potential exit—and the one thing that will crush any value if you don’t fix it. And it affects most SME business owners.
• He shares a wild story about a founder he worked with who turned down an offer of £80m, believing his business was worth more, and came to regret that decision - an important lesson in timing and knowing how much is enough.
• He also explains the optimal time to begin your pre-exit journey and the 3-step process he uses when working with entrepreneurs. 

If you are running a business, especially if you're maybe 3-5 years out from the sale, you’re going to get a lot out of this conversation.  

So now ladies and gentlemen, discussing how to get exit-ready, I give you Mr Damian Connolly.

This podcast is produced by GR Media
Sponsored by Capital Asset Management

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Welcome back to the latest episode of the Bulletproof Entrepreneur podcast. I’m your host Alan Smith and right from day one my goal for this pod was to provide a valuable resource for all UK founders and business owners.

And therefore I’m delighted today to bring you a masterclass in tax planning from one of the UK’s leading lights in tax advice for successful business owners.

Malli Kini is head of the entrepreneur team at Blick Rothenberg, a Top 10 firm having already enjoyed stints at PWC and EY.

Wherever I go now and when I speak with entrepreneurs, smart tax planning seems to be top of the agenda for discussion.

But getting access to the right kind of advice can be challenging and costly. So the next hour will be of huge value to you -  and it’s completely free (other than for some of your time!)

During our conversation, 

• We discussed some of the important areas to tackle if you’re 2 or 3 years away from a sale of your business - and why seeking advice early will be a huge benefit for you.
• We unpacked  a unique tax planning structure known as a Family Investment Company and why many entrepreneurs are setting these up now.
• We also talked about the current exodus of business owners to other countries, what countries are popular and what the benefits can be.

And towards the end of our conversation, Malli provides a generous offer to all listeners and viewers of this podcast so be sure to check that out - it could make all the difference for you and your business.

Just before you get into the conversation, I wanted to mention that we’ve now launched the podcast on youtube as well and so if you prefer to watch the conversation do check out the Bulletproof Entrepreneur podcast channel - links to it and to the key discussion points are below.

But now ladies and gentlemen I give you Malli Kini

https://www.blickrothenberg.com/about-us/partners/malli-kini/

https://www.linkedin.com/in/mallikini/?originalSubdomain=uk

https://www.youtube.com/@BulletproofEntrepreneurPodcast

https://capital.co.uk/

This podcast is produced by GR Media
Sponsored by Capital Asset Management

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Hello and welcome back to the latest episode.

We took a short break, but now we’re back. We've moved into a proper recording studio and launched our own YouTube channel. 

So you prefer to watch the discussion, please check out the link below and subscribe to our free newsletter as well.

Our guest, Graeme Godfrey, is a successful entrepreneur who sold his business, achieved complete financial security and then crashed. 

He found himself lacking purpose and drive in his life, feeling bored and frustrated, and so he began to help other entrepreneurs through one-to-one coaching and mentoring.

Links

Graeme Godfrey

https://www.linkedin.com/in/graemegodfrey/?originalSubdomain=uk

Resources

Who Moved My Cheese

The Go-Giver: A Little Story About a Powerful Business Idea eBook 

The Inner Game of Tennis

Tuesdays With Morrie

Winning: The Unforgiving Race to Greatness

Bulletproof Entrepreneur Youtube channel  https://www.youtube.com/@BulletproofEntrepreneurPodcast

Capital Partners https://capital.co.uk/

Book a call with Alan https://ca

This podcast is produced by GR Media
Sponsored by Capital Asset Management

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Welcome to the latest episode of the Bulletproof Entrepreneur  - a podcast for founders, owners and aspiring entrepreneurs.

As anyone in business knows, things are tough out there. Inflation is driving up the costs of everything, including staff wages, rent, and supplies. 

Tax is at its highest level in 70 years and is about to rise further. The money in your company's bank account is receiving a very modest return—and even that’s subject to tax!

I don’t know about you, but as a business owner myself, things feel a bit off—not quite right—and I wanted to learn more.

That took me to a short video called What's The Problem?, which is currently going viral online. 

The video explains in easy-to-understand terms the problems the economy faces and the challenges for everyone, especially those trying to grow a company.

So, I was delighted when Joe Bryan, the film's creator, agreed to appear on the podcast, share the story, and explain why understanding it is essential.

Joe explains that our current monetary system is broken. We all experience this through constantly rising costs, which are a form of hidden tax when the pound in your pocket buys you less every year. 

He outlines some of the biggest challenges faced by entrepreneurs as they try to build a business and succeed  in an increasingly difficult economic environment.

He clearly outlines the solution and the precise steps you should take to protect your interests.

This is not a conversation about Bitcoin - it’s an invitation to learn more about the current economic model we all live in and decide how you want to protect yourself and your business.

It was a truly fascinating conversation and I know you're going to take a lot from it.

Don’t forget to sign up for my newsletter, where I take a deeper dive into all things business, wealth building and entrepreneurship - available at www.bulletproofentrepreneur.net 

Links:

https://www.youtube.com/watch?v=YtFOxNbmD38 

SatsVsFiat

Joe Bryan - Educator & Speaker - What's The Problem? | LinkedIn

X - @satmojoe

This podcast is produced by GR Media
Sponsored by Capital Asset Management

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This is the first episode of 2025 and I’m delighted to bring you a really insightful and valuable conversation I had recently with Adam Rossi from Washington DC in the United States.

Adam is a born entrepreneur and always knew that he wanted to build his own company and be in control of his destiny. And so he launched a tech startup in the days before it was cool!

From a humble husband and wife team, he grew to a business selling billion-dollar software contracts to the CIA and all the main government agencies before receiving an offer he simply couldn't turn down, and he sold the company.

During our conversation, Adam talked about:

• The entrepreneurial ‘X factor’ and what he sees in every successful founder -  and what's missing in many others.
• He talks about the importance of family in business and how to ensure your kids don’t become entitled once a lot of money is flying around.
• He breaks down what he calls ‘Saturday Afternoon Syndrome’ when after you sell your business and don’t have much to do, every day feels like a fairly routine Saturday.
• And he explained The Book of Wisdom -  a charter of advice and guidance passed on from one exited entrepreneur to the next outlining what you must do to ensure a great life after you sell.

Tons of wisdom from an entrepreneur who’s carved out his own journey and is now happy to share in order to help others.

Ladies and gentlemen, I give you Mr Adam Rossi.

Links:

X - @rossiadam

Linkeidn https://www.linkedin.com/in/adamrossi-indie/ 

Sign Up For My Newsletter at www.bulletproofentrepreneur.net 

This podcast is produced by GR Media
Sponsored by Capital Asset Management

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My guest today is Mac Lackey has a fascinating story and some original insights that I think you’re going to like and get a lot out of, especially if you’re building your company towards an exit - and let’s face it all, business owners are doing that in one form or another.

When his original ambition to become a professional football player hit a dead end, Mac started an internet business in the early days of this emerging technology, and that resulted in an eight-figure exit while he was still in his twenties.

He then went on to start, scale, and exit five more companies before deciding to spend the second half of his career helping other entrepreneurs maximise their businesses.

• During our conversation, Mac explained why you should sell your business for Strategic Value rather than a multiple of your revenue or profits and why Strategic Value can be far higher than traditional models.
• He outlines why the best buyers are unlikely to come from within your industry or sector and how to identify an ideal potential acquirer. He also shares the simple tool he recommends that you use for this - the Solid Gold Buyer Sheet.
• He explains the importance of crafting your Irresistible Exit Story and how it can make all the difference when you find an ideal buyer for your company. 

And don’t miss the part where he explains what he calls The 8 AM Test—it could make all the difference to your business, whether you sell or not.

This conversation offers so much value and insight. If you find it helpful, please return the favour by subscribing to the podcast and sharing it with anyone you think would benefit.

But now, ladies and gentlemen, I give you Mr Mac Lackey.

Links:

Exit DNA

Mac Lackey

Die With Zero: Getting All You Can from Your Money and Your Life

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You may be familiar with today’s guest, Richard Farleigh, a high-profile entrepreneur, former Dragon on the TV show Dragon’s Den, and member of the Sunday Times Rich List.

The successes are well documented - but Richard’s start in life couldn't have been much worse.

Born into a family of 11 children with an alcoholic father, they travelled around the Australian outback, living in poverty in 2 tents.

Eventually, Richard was taken into the care system at 2 years old, and his early years were quite brutal.

Separated from his siblings, treated poorly by foster parents, and placed in the remedial class at school, Richard eventually found salvation through his love of chess.

This led to him developing a skill for strategy and numbers, which allowed him to secure a place at university and then on to a job at the Central Bank.

He later moved into investment banking, where he excelled, and was headhunted to run a secretive hedge fund in Bermuda  -  before retiring at 34 and moving to Monaco.

What a journey!

But inevitably, retirement wasn't for him, and Richard found a new passion for business. He’s since invested in over 100 companies across a wide range of sectors and industries and remains very active in the entrepreneurial world.

• He shared his experiences on Dragon’s Den and what he thinks of one Dragon in particular - and it’s not flattering! 
• He talks about what it takes to succeed in business and, as an investor, the secret sauce  ingredient that he looks for in every company he invests in.
• He also discussed his two new books, which he just published, and why he thinks they could help business owners and aspiring entrepreneurs. I’ve included a link below to access them pre-launch.

This is an incredible story of resilience and personal growth that offers so many lessons for anyone facing challenges in their life.

Richard's story proves that success is always possible, even when the odds are stacked against you.

If you enjoy the conversation, please hit the subscribe button, give the show a 5-star review, and share it with anyone you think it can help.

Links:

https://www.farleigh.com/index.html

https://www.farleigh.com/books.html

This podcast is produced by GR Media
Sponsored by Capital Asset Management

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Paul is a serial entrepreneur who has started, scaled up and sold several businesses, invested in many others, and is now building yet another company. 

He also advises and mentors several other founders and business owners.

Through his personal and business experiences, he’s effectively created a success blueprint for any business owner to adopt and apply within their company.

During the conversation, Paul explains.

• How to build a systematic sales and marketing engine to drive growth
• The vital importance of joint ventures and partnerships and how to create successful ones
• How to build the best systems and processes and the accreditation that every business should have
• Why you should set your prices at 15% above the market 
• The one essential thing you must do if you’re going to create the most value from your business before selling

He also discusses the importance of physical and mental health to ensure that you’re in the best shape to deal with the inevitable challenges of being an entrepreneur.

He shares the precise details of his daily routine, which keeps him in prime shape for business.

The “business owner’s success blueprint” – all in one convenient podcast episode.

Links:

https://www.linkedin.com/in/paulluen?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=ios_app

https://www.amazon.co.uk/Eight-Figure-Entrepreneur-Balanced-Adventurous-ebook/dp/B08GSQG2VY?dplnkId=2946ba17-93ec-47a7-8cf2-c20ff87c8a81&nodl=1

This podcast is produced by GR Media
Sponsored by Capital Asset Management

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Welcome to a special episode of the Bulletproof Entrepreneur podcast.

One issue that has been dominating the conversations online and in person for business owners over the last few days has been the budget.

October 30th was a very significant day. It was the first labour budget for almost 15 years and the first by a female Chancellor.

After three months of speculation and predictions, we finally had the details—and there was a lot to unpack for all business owners.

For starters, there were the changes to national insurance contributions, the reduction in inheritance tax benefits, the increase in capital gains tax, and the reduction in what was known as entrepreneurs' relief.

So I was delighted to be able to persuade two leading tax experts onto the show to offer some insights and expertise.

Josie Day and Richard Jameson from leading tax advisers Saffery have been deep in the details of the budget over the last few days, and they've shared their take on what it means for business owners.

Before we hear from them, I want you to be the first to know about an exciting new project we’re launching in 2025.

The Bulletproof MBA is a course designed for business owners too busy to go on courses!

A 12-month programme of monthly 3-hour sessions with like-minded entrepreneurs who want to learn all about how to run a better, smarter business and ensure success in what will be a challenging next few years.

We’re hosting a free taster event in London on November 25th, and I’ll post details on LinkedIn. 

Hope to see you there.

But now, without further delay, I give you Josie Day and Richard Jameson, talking all things budget and tax.

Links:

https://www.saffery.com/our-people/richard-jameson/

https://www.saffery.com/our-people/josie-day/

https://www.linkedin.com/in/alancapital/ 

This podcast is produced by GR Media
Sponsored by Capital Asset Management

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We’re publishing this episode just before the Autumn 2024 Budget, when Rachel Reeves will share her vision of how she plans to improve the country’s economy.

I really hope she understands how valuable the start-up and entrepreneurial economy is in the UK and that she’ll encourage it and ensure its continued success.

Today’s guest is a fantastic example of that British entrepreneurial spirit.

Magnus Willis hatched a plan with his co-founder during a long walk after they’d watched a cricket match at The Oval!

They decided to leave their highly-paid jobs in advertising to take a huge risk and launch a new business.

Through sheer hard work and perseverance, their company grew from two guys in a small room with laptops to become a significant business, employing 80 people, before being sold to a large UK company.

It’s a fabulous story with so many insights and lessons that Magnus shares.

Learn from the best

He explained how he was able to learn so much by being around talented and experienced people in the companies he worked for after he left university.

It’s important to get into the best companies in your chosen field and learn from those people as you build your own knowledge and experience.

Be a specialist, not a generalist

A theme that comes up regularly in my conversations is starting as a generalist and then pivoting to become a specialist. This creates significant value in your business and minimises your competition.

Magnus’s company, Sparkler, began as something of a generalist but then, over time, decided that they wanted to become the leaders in a specific niche market. This became a huge part of their success.

Be future-focused

Magnus discussed the importance of looking up from your day-to-day work, seeing where the world is going, and then aligning yourself with future growth opportunities.

In his case, when traditional magazines went online, and mobile was growing fast, this meant looking at the approaching ‘wave of opportunity’ and getting ready to surf it.

Life after exit

Towards the end of our conversation, he also reflects on his life now as a successfully exited entrepreneur and how he designed his ideal life, now that he’s no longer busy running a company.

His thoughts are deeply insightful.

Ladies and gentlemen, I give you Mr Magnus Willis.

Links

https://www.linkedin.com/in/magnuswillis/?originalSubdomain=uk  

Business & IP Centre (BIPC): Business Advice & Resources - The British Library 

Pivot Podcast Series

This podcast is produced by GR Media
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