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The How of Business - How to start, run, grow and exit a small business.

429: Transform Your Expertise-Based Business with Erin Austin

The How of Business - How to start, run, grow and exit a small business.

Henry Lopez, Levante Business Group

Entrepreneurship, Business

4.7522 Ratings

🗓️ 4 July 2022

⏱️ 48 minutes

🧾️ Download transcript

Summary

How to transform your expertise-based small business with attorney Erin Austin. She helps her clients transform an expertise-based or service business – including consultants, coaches, designers, creative services firms, and other B2B professionals – from an unscalable, income-focused business to a scalable and saleable, profit-focused business. Erin is a graduate of Harvard Law School, and a strategic lawyer and consultant who uses her 25+ years of practicing law, including roles as COO and general counsel at large and small IP-driven companies to help founders of expertise-based firms build and protect saleable assets so that the business is ready to sell when the founder is ready to exit.  Through her Hourly to Exit podcast and her consulting practice, Think Beyond IP, Erin guides businesses on the journey of transforming their unscalable income-generator into a saleable wealth building asset.  Her special talent is helping businesses meet their growth goals through the creation of IP-based revenue streams.

Henry Lopez is the host of The How of Business podcast – helping you start, run and grow your small business. The How of Business is a top-rated podcast for small business and entrepreneurs.

Transcript

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0:00.0

Welcome to the how of business with your host, Henry Lopez, the podcast that helps you start, run and grow your small business.

0:13.4

And now here is your host.

0:15.6

Welcome to this episode of the how we business.

0:17.7

This is Henry Lopez.

0:19.0

My guest today is Erin Austin.

0:22.4

Erin, welcome to the show.

0:28.2

Thank you so much for having me, Henry. Looking forward to this conversation. We're going to explore a slightly different area of, from a legal perspective, really what Erin's going to share is how she

0:34.9

helps her clients transform from an expertise-based business.

0:39.5

So that could be anything from like a consultant or a coach like myself or a designer or a creative

0:45.9

services firm or other B2B professionals, how to go from what typically is an unscalable

0:53.0

income focus. So you're trading dollars for

0:56.3

hour, often, that type of business to a scalable and sellable profit-focused business.

1:04.1

So that's what we're going to chat about.

1:06.1

To receive more information about the Hawa business, including links to the show notes page

1:10.1

for this episode,

1:11.1

and how you can continue supporting my show and receive exclusive content and discounts

1:16.0

through a Patreon membership. Just visit Thehowabusiness.com. So Aaron Austin is a graduate

1:23.2

of Harvard Law School and a strategic lawyer and consultant who uses her 25 plus years of

1:29.9

practicing law, including roles as COO and general counsel at large and small IP-driven

1:37.0

companies, including Warner Brothers, Lionsgate, MGM, teaching strategies, an M3 USA Corp.

1:45.1

She's helped founders also of expertise-based firms build and protect scalable assets

1:52.3

so that the business is ready to sell when the founder is ready to exit.

...

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