Welcome back! You’re joining us on “I’m a Millionaire! So, now what?” in the middle of our masterclass series on building value in your business. Today, I sat down with Louise Motuzas, Co-founder of Thrive Business consulting, an accredited exit planner to dive into the issue of dependency between a business and its owner.
The more dependent your company is on you, as the owner, the less valuable it is to somebody else. How can you reduce dependency and increase your value and your freedom?
We have a few ideas 👇
📝 How can business owners get real clear on the right hires for your business?
📝 Why an important parallel piece to hiring is to document standard operating procedures in your business.
📝 The importance having someone you fully trust in, with great capabilities (and why neither one will do - you need both).
There’s so much more to the podcast. Have a listen! 🎧
If you haven't heard the rest of our episodes, please go back and find the series beginning at Episode 240. This series is worth your time if you are looking to make a cash rich exit from your business in the next 5-10 years.
If you like what you’ve heard here, please consider leaving me a 5-star review. Thank you!
EP295 Strategic Exit Planning
EP294 Embracing Vulnerability in Leadership - A Path to Authentic Strength
EP293 The Power of Vulnerability in Business
EP292 From Lens to Legacy - Crafting a Brand Beyond the Individual
EP291 Crafting Culinary Excellence
EP290 Brewing a Non-Alcoholic Business Revolution
EP289 Building a business that changes the women’s sportswear story
EP288 How to Craft an Epic, Legacy-Defining Business Exit
EP287 Building a Brand That Supports your Cash Rich Exit
EP286 The Art of Accounting for Small Businesses
EP 285 A treasure trove of business brilliance from twelve titans
EP284 Capitalizing on growth for a cash rich exit
EP 283 Maximizing Business Valuation
EP282 The Roadmap to a Successful M&A Journey
EP281 Exiting Your Supply Chain Business (A Niche Perspective)
EP280 Smart Strategies to Maximize Your Business Sale
EP279 Cashing Out: An Expert's Guide to Selling Your Business
EP278 Introducing 'The Cash Rich Exit Podcast', your guide to intentional business exits
EP 277 Secrets of the Self-Made: investing lessons from classic books (and the final chapter)
EP276 ‘Trillions’ made simple: demystifying Index Funds and ETFs
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