Expert Business Tips on Goals, Growth, & Your Exit Strategy
Win Make Give with Ben Kinney
Ben Kinney Training
4.9 • 1.5K Ratings
🗓️ 12 June 2023
⏱️ 43 minutes
🧾️ Download transcript
Summary
Whether starting your own business or investing in one, you must strategize. In this episode, Chad Hyams talks about scaling, success, and selling your business with Kevin Stansfield, sales director and head of coaching at ActionCOACH and author of "The Big Dipper: How to Survive the Rollercoaster Ride Business Ownership."
In this episode, we cover:
- Entrepreneurship and business coaching [2:50]
- Surviving the business rollercoaster [6:59]
- Getting clarity on the goal and success [8:30]
- Establishing IVVM (ideate, visualize, verbalize, materialize) [10:28]
- Which IVVM is the hardest? [13:05]
- Why is an exit strategy important? [15:40]
- Developing an exit strategy [17:19]
- Charting a 5-year growth plan [20:42]
- Why your business isn't your baby [22:18]
- Scaling your business [24:05]
- Mastering finance, marketing, and people [31:29]
- Buying a business, not being the business [35:01]
- Using businesses to become financially free [37:30]
- Taking time out and assessing your business [40:40]
Connect with Kevin Stansfield:
Resources Mentioned in this Episode:
- Win Make Give Facebook Group: https://www.facebook.com/groups/WinMakeGive
- Get your copy of "The Big Dipper: How to Survive the Rollercoaster Ride of Business Ownership" by Kevin Stansfield here: https://amzn.to/3oK0r79
- Win Make Give: David Goggins Takes Time to Give episode: https://apple.co/3qrkYOe
- Win Make Give Wealth Series 2.0: Business Ownership & Investing: https://WinMakeGive.com/wealth-part-13/
Connect with the hosts:
- Ben Kinney: https://www.BenKinney.com/
- Bob Stewart: https://www.linkedin.com/in/activebob
- Chad Hyams: https://ChadHyams.com/
- Book one of our co-hosts for your next event: https://winmakegive.com/speakers/
More ways to connect:
- Sign up for our weekly newsletter: https://WinMakeGive.com/sign-up
- Explore the Win Make Give Podcast Network: https://WinMakeGive.com/
- Listen to Win Make Give Season 3 on YouTube: bit.ly/3pPEdAx
- Wealth Series 2.0: https://WinMakeGive.com/wealth/
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Part of the Win Make Give Podcast Network
Transcript
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| 0:00.0 | Welcome to the WinMakeGive podcast. Chad Eimes here. Flying sort of solo. That's right. |
| 0:14.2 | I got rid of Bob this week, folks. And I have upgraded. I mean, 100% upgrade. I mean, |
| 0:20.9 | you know, Bob set the bar pretty low in the first place, right? We love you, Bob. Yet |
| 0:24.8 | as soon as you hear my guest speak, just the accent alone is going to let you realize |
| 0:29.9 | we have upgraded and we have classed up the joint this week. So I want to get right to it. |
| 0:34.4 | And I want to welcome to our podcast all the way from the other side of the pond. Kevin |
| 0:39.3 | Stansfield, thanks for joining us today, Kevin. Thanks a lot, Chad. That's probably the best |
| 0:43.6 | thing I've ever had, I think. So you've picked me up nicely there. Thank you. Oh, well, |
| 0:48.4 | we're just happy to have anybody who sounds as smart as you are with you. We might have |
| 0:53.6 | to put subtitles, though, for some of the accents I don't know. And there might be an |
| 0:57.3 | expression or three you use that we say, what the heck did that even mean? Yet, Kevin, |
| 1:02.5 | our audience might not know who you are. And I don't like reading bios. Will you do me a |
| 1:06.3 | favor, introduce yourself to our audience and let them know who you are, what you do and |
| 1:09.9 | why you're here today. Thank you very much. Yep. I'm Kevin Stansfield. I've been a business |
| 1:15.8 | coach for the past 17 years, also of three books, two of which are on Amazon, which |
| 1:22.4 | I'm sure we will get to talk about today. And now I'm in the process of putting it into |
| 1:28.8 | action, what I've been teaching my clients over those 17 years. And I'm actually buying |
| 1:34.4 | and selling businesses. So it's very much a business sort of, you know, one of my books |
| 1:39.9 | is called The Great Game of Business. And it's about, you know, how business and sport |
| 1:46.9 | very similar that we're looking to build a business. It's a game that we're playing. And |
| 1:51.6 | how do we play the game that much better? Well, I look forward to hearing about that book. |
| 1:56.6 | We'll dive into that maybe a little bit here. And everybody you can get that book on Amazon. |
... |
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