S5E36: Use Your Business to Create The Freedom of Time and Finance with Brad Fitzsimmons
Manage episode 423005199 series 3354713
Only 1.7% of Canadian Business Owners sell their business, less than the global average of 14.2%, but every business owner eventually has an exit, whether through sale, bankruptcy, dissolution, incapacitation, or death. There are no small business schools, and business owners are doing their best with the skills they have to take care of their families and run their businesses. This often leads to owners becoming overworked with their business becoming a jail of their own design.
Brad Fitzsimmons, the CEO of Purpose Driven Freedom. He believes that business owners should use their businesses to create freedom of time and finance. He uses his years of experience as an entrepreneur and built Purpose Driven Freedom to provide business owners with a totally different philosophy for running the business to create freedom of time and finance.
In this episode we share the stats behind business owners selling their business, advice on creating an ‘exit strategy’, the importance of succession planning, and more.
Chapters
01:20 - Intro / how Brad got started with helping small businesses
11:38 - Stats on businesses owners that sell their business
19:51 - ’Exiting’ a business
24:58 - Advise on the ‘exit strategy’
37:26 - Importance of succession planning / where to find Brad
Visit Purpose Driven Freedom: https://purposedrivenfreedom.com/
Connect with Brad - https://www.linkedin.com/in/brad-fitzsimmons-purpose-driven-freedom
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Hosted by Hilda Gan - ca.linkedin.com/in/hildagan
Visit us at - peoplebrightconsulting.com
Follow us
LinkedIn - www.linkedin.com/company/pplbright
Twitter - twitter.com/pplbright
Facebook - www.facebook.com/pplbright
Instagram - www.instagram.com/pplbright/
Hilda Gan is a sought-after expert on effective HR strategies, work culture enhancement, and employee engagement. Unique among HR consultants, Hilda combines over 25 years of HR expertise with business acumen and business owner experience.
People Bright Consulting is an award-winning HR Management Consulting firm that helps leaders of companies build the foundations for successful hiring, healthy and inclusive work culture, and engaged staff. It starts with listening to our clients and finding pragmatic customized business solutions to HR problems.
#Business #BusinessOwner #Planning #Entrepreneurship
Kapitel
1. S5E36: Use Your Business to Create The Freedom of Time and Finance with Brad Fitzsimmons (00:00:00)
2. Intro / how Brad got started with helping small businesses (00:01:20)
3. Stats on businesses owners that sell their business (00:11:38)
4. ’Exiting’ a business (00:19:51)
5. Advise on the ‘exit strategy’ (00:24:58)
6. Importance of succession planning / where to find Brad (00:37:26)
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