Conversations That Grow What Does Success Mean to You? With Andrew Hartshorn
In this episode of Push To Be More, host Matt Edmundson chats with Andrew Hartshorn, an expert in helping businesses prepare for exit. They discuss the challenges of selling a business, the importance of work-life balance, and how the definition of success changes with age. Andrew shares insights on achieving freedom through business and the value of enjoying the journey rather than just focusing on the destination.
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Timestamps:
0:00 Intro
5:08 If you could interview anyone, who would it be?
10:50 From business owner to exit expert
16:14 The emotional side of business exits
29:53 Defining growth as freedom
41:05 Success vs significance
46:09 Outro and contact information
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Key Takeaways:
1. Prioritise Freedom Over Wealth:
Andrew highlights the importance of valuing freedom and time over mere financial gain. He states, "Most people want money, but they don't realise the reason they want wealth is because that will give them the freedom to do what they want." This underscores the idea that true success is about having the liberty to choose how you spend your time, rather than just accumulating wealth.
2. Prepare for Business Exit Early:
Andrew advises business owners to get their businesses ready for sale well in advance. He mentions, "Get your business ready for sale so you can sell it when you're ready. You've got to put that effort in beforehand." This preparation not only ensures a smoother transition but also provides peace of mind and freedom when the time comes to exit.
3. Embrace the Journey, Not Just the Destination:
Andrew encourages enjoying the process rather than solely focusing on end goals. He notes, "A lot of people always focus on the end result... And you can lose five years doing that." By taking time to reflect and appreciate the journey, individuals can find greater satisfaction and avoid losing years to relentless pursuit of future targets.
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