Owner To Owner Podcast

@RozCampbell is the #founder of @Tsuno a #socialenterprise that sells #bamboofiber #sanitarypads liners and #organic #cottontampons. Tsuno sells via retailers around the country and internationally, and online direct to the consumer through the business website. Half of the profits go to @OneGirl who send girls to school in #SierraLeoneHer business started in 2011 while studying Industrial Design at @RMIT in Melbourne and being on a  traditional professional trajectory to #designfurniture. But an incident in Europe while on a study tour changed that.  She got her period and asked a European friend if they a pad or a tampon? Her friend told her she did not use those and what followed was an education about the #menstrualcup. In this episode we cover;her personal experiences and lessons learned after she considered, and ultimately declined, an  unexpected offer to sell a share of her businessgetting really excited about this concept of a #reusableproduct, that you only have to buy once every ten years, that was also really good for the #environmentgetting inspired and getting back to Australia to get startedlaunching in 2014 with a #crowdfundingcampaign - like a big community project#sustainabilitythe work #onegirl does to get more #girls to #school who were not able to go to school because of a various number of reasons - #poverty #periodsa program called #LaunchPaddealing with someone essentially knocking on the door and saying, "they really like your business, and we would like to buy in?"#exitstrategy #exitplanning#bigquestions;your strengthswhy things are not changing fast enoughcould bringing someone else on board make it bettercould hand this over to someone elsewhat can I do next if I handed "my baby" over#offmarketsales#emotionsinbusinesstrying before buying (coming up with an agreement to try working together for three months before selling)@kerrcapital #businessownersdiagnosticseeing your business through the eyes of a buyergetting increased #businessvalue from making the business less dependent on the ownerrealising your business is an investment and cultivating value Thanks for listening.  Visit the Owner To Owner Podcast website to subscribe, listen back, or check out any resources or information mentioned on the show.Search @ownertoownerpodcast on your favourite podcast player to subscribe and listen to the episodes.Reach out to Michael Kerr via the website if you need personal assistance or advice for your small business.michael.kerr@kerrcapital.com.auwww.ownertoownerpodcast.com.au 

@RozCampbell is the #founder of @Tsuno a #socialenterprise that sells #bamboofiber #sanitarypads liners and #organic #cottontampons. Tsuno sells via retailers around the country and internationally, and online direct to the consumer through the business website. Half of the profits go to @OneGirl who send girls to school in #SierraLeoneHer business started in 2011 while studying Industrial Design at @RMIT in Melbourne and being on a  traditional professional trajectory to #designfurniture. But an incident in Europe while on a study tour changed that.  She got her period and asked a European friend if they a pad or a tampon? Her friend told her she did not use those and what followed was an education about the #menstrualcup. In this episode we cover;her personal experiences and lessons learned after she considered, and ultimately declined, an  unexpected offer to sell a share of her businessgetting really excited about this concept of a #reusableproduct, that you only have to buy once every ten years, that was also really good for the #environmentgetting inspired and getting back to Australia to get startedlaunching in 2014 with a #crowdfundingcampaign - like a big community project#sustainabilitythe work #onegirl does to get more #girls to #school who were not able to go to school because of a various number of reasons - #poverty #periodsa program called #LaunchPaddealing with someone essentially knocking on the door and saying, "they really like your business, and we would like to buy in?"#exitstrategy #exitplanning#bigquestions;your strengthswhy things are not changing fast enoughcould bringing someone else on board make it bettercould hand this over to someone elsewhat can I do next if I handed "my baby" over#offmarketsales#emotionsinbusinesstrying before buying (coming up with an agreement to try working together for three months before selling)@kerrcapital #businessownersdiagnosticseeing your business through the eyes of a buyergetting increased #businessvalue from making the business less dependent on the ownerrealising your business is an investment and cultivating value Thanks for listening.  Visit the Owner To Owner Podcast website to subscribe, listen back, or check out any resources or information mentioned on the show.Search @ownertoownerpodcast on your favourite podcast player to subscribe and listen to the episodes.Reach out to Michael Kerr via the website if you need personal assistance or advice for your small business.michael.kerr@kerrcapital.com.auwww.ownertoownerpodcast.com.au 

@Sir Stephen Wilkinson  is the  founder of @Good & Prosper,  a knowledge business for #entrepreneurs and #business owners. He educates #businessowners about #businessvalue by helping them become fluent in the #languageofbusiness.In our discussion we talk about; the shortcomings and opportunities related to the traditional approach to #managingfinances in a typical small businessthe upside of increasing #financialliteracyhow to understand the story your #businessnumbers are trying to tell youthe importance of always understanding and regularly assessing the value of your business value, in the same way that #listedbusinesses#confidentcapitalismhis unique pathway to #finance from studying #literature and #artsthe importance of seeking out a #mentor to teach you in those formative early years of being a #businessowner#advisoryboards and mentors in #smallbusinesswhy #owners and #advisers need to look at the #balancesheet and not just the #profitandloss the need for business owners to take responsibility and say;I want to learn this stuffI want to know how it works, andWhat I can do betterwhen the best accountancy practitioners in the world can't help you@Jack Stack and the Great Game of Business, which effectively teaches the importance of finance and sharing financial information with the entire company. in order to get everybody on board and understand how to play the game@kerrcapital  Thanks for listening.  Visit the Owner To Owner Podcast website to subscribe, listen back, or check out any resources or information mentioned on the show.Search @ownertoownerpodcast on your favourite podcast player to subscribe and listen to the episodes.Reach out to Michael Kerr via the website if you need personal assistance or advice for your small business.michael.kerr@kerrcapital.com.auwww.ownertoownerpodcast.com.au 

@Sir Stephen Wilkinson  is the  founder of @Good & Prosper,  a knowledge business for #entrepreneurs and #business owners. He educates #businessowners about #businessvalue by helping them become fluent in the #languageofbusiness.In our discussion we talk about; the shortcomings and opportunities related to the traditional approach to #managingfinances in a typical small businessthe upside of increasing #financialliteracyhow to understand the story your #businessnumbers are trying to tell youthe importance of always understanding and regularly assessing the value of your business value, in the same way that #listedbusinesses#confidentcapitalismhis unique pathway to #finance from studying #literature and #artsthe importance of seeking out a #mentor to teach you in those formative early years of being a #businessowner#advisoryboards and mentors in #smallbusinesswhy #owners and #advisers need to look at the #balancesheet and not just the #profitandloss the need for business owners to take responsibility and say;I want to learn this stuffI want to know how it works, and What I can do betterwhen the best accountancy practitioners in the world can't help you@Jack Stack and the Great Game of Business, which effectively teaches the importance of finance and sharing financial information with the entire company. in order to get everybody on board and understand how to play the game@kerrcapital  Thanks for listening.  Visit the Owner To Owner Podcast website to subscribe, listen back, or check out any resources or information mentioned on the show.Search @ownertoownerpodcast on your favourite podcast player to subscribe and listen to the episodes.Reach out to Michael Kerr via the website if you need personal assistance or advice for your small business.michael.kerr@kerrcapital.com.auwww.ownertoownerpodcast.com.au 

#regionalsmallbusinesses are at the centre of healthy #localeconomies, both as a supplier of goods or services and as an employer. It's in everyone's interest that these #businesses successfully transfer from one #owner to another.  #Owners of #regionalbusinesses face additional hurdles when selling their business. In this 3 part #owners of #regionalbusinesses share their own personal experiences from going through a #businesssale process.In this 3rd interview (over 2 weeks)  Russell Spoke from @Maggie'sKitchen from #queenscliff in #victoria shares his very open and personal story from leaving the public service to buying or starting 3 businesses. Along the way he and his wife experienced success, the loss of everything and then recovery. Against the flow they chose to close rather than sell their 3rd business. He explains how and why they came to make this decision. We cover;leaving the #publicservice after seventeen yearsgrowing up in a #smallbusiness #familybusiness in #countryvictoria - his parents owned two #generalstoresbuying their first small business - a #fishandchipshop which was reasonably successful but selling because the hours didn't work with very young childrengoing in #bootsandall and buying  a #fruitshop (thinking this business that would involve less hours)not doing the enough #duediligencewatching a big fruit farm open up a competing shop nearby  - the business went backwards, they could not compete and ultimately went #broke and #losteverything - eventually giving it away just to get out of ithaving a house and then having to #sellthehousethe birth of Maggie's Kitchen when Maggie started making some #preserves and selling them in the fruit shopMaggie making preserves and Russell going to get a job as a #waiterworking full-time, seven days a week in the shopmoving around the corner and seeing the business grow rapidly"not getting greedy" - being ok with "doing okay"being scared of expanding too much for fear of losing it all againconsidering selling and getting some "nibbles" which went nowhere, taking the business back off the marketsticking with the devil we knowacknowledging that sometimes there are influences out of your control@kerrcapital Thanks for listening.  Visit the Owner To Owner Podcast website to subscribe, listen back, or check out any resources or information mentioned on the show.Search @ownertoownerpodcast on your favourite podcast player to subscribe and listen to the episodes.Reach out to Michael Kerr via the website if you need personal assistance or advice for your small business.michael.kerr@kerrcapital.com.auwww.ownertoownerpodcast.com.au 

#regionalsmallbusinesses are at the centre of healthy #localeconomies, both as a supplier of goods or services and as an employer. It's in everyone's interest that these #businesses successfully transfer from one #owner to another.  #Owners of #regionalbusinesses face additional hurdles when selling their business. In this 3 part #owners of #regionalbusinesses share their own personal experiences from going through a #businesssale process.In this 3rd interview (over 2 weeks)  Russell Spoke from @Maggie'sKitchen from #queenscliff in #victoria shares his very open and personal story from leaving the public service to buying or starting 3 businesses. Along the way he and his wife experienced success, the loss of everything and then recovery. Against the flow they chose to close rather than sell their 3rd business. He explains how and why they came to make this decision. We cover;leaving the #publicservice after seventeen yearsgrowing up in a #smallbusiness #familybusiness in #countryvictoria - his parents owned two #generalstoresbuying their first small business - a #fishandchipshop which was reasonably successful but selling because the hours didn't work with very young childrengoing in #bootsandall and buying  a #fruitshop (thinking this business that would involve less hours)not doing the enough #duediligencewatching a big fruit farm open up a competing shop nearby  - the business went backwards, they could not compete and ultimately went #broke and #losteverything - eventually giving it away just to get out of ithaving a house and then having to #sellthehousethe birth of Maggie's Kitchen when Maggie started making some #preserves and selling them in the fruit shopMaggie making preserves and Russell going to get a job as a #waiterworking full-time, seven days a week in the shopmoving around the corner and seeing the business grow rapidly"not getting greedy" - being ok with "doing okay"being scared of expanding too much for fear of losing it all againconsidering selling and getting some "nibbles" which went nowhere, taking the business back off the marketsticking with the devil we knowacknowledging that sometimes there are influences out of your control@kerrcapital Thanks for listening.  Visit the Owner To Owner Podcast website to subscribe, listen back, or check out any resources or information mentioned on the show.Search @ownertoownerpodcast on your favourite podcast player to subscribe and listen to the episodes.Reach out to Michael Kerr via the website if you need personal assistance or advice for your small business.michael.kerr@kerrcapital.com.auwww.ownertoownerpodcast.com.au 

#regionalsmallbusinesses are at the centre of healthy #localeconomies, both as a supplier of goods or services and as an employer. It's in everyone's interest that these #businesses successfully transfer from one #owner to another.  #Owners of #regionalbusinesses face additional hurdles when selling their business. In this 3 part series #owners of #regionalbusinesses share their own personal experiences from going through a #businesssale process.In this 2nd interview (over 2 weeks)  Sandra Kain from #ColesBay in #Tasmania shares her beginning to end story of landing in #ColesBay starting 2 new businesses and then completing the cycle and selling, over a much longer timeframe than she imagined, a bit over 26 years later.  We cover;arriving in 1994, taking on a #supermarket and #takeaway as one #business, and then a few years later, purchasing the #bakery next doorusing the earlier experience of owning a business in #perth but being challenged by the step up to the next levelher motivations for being in businessthe #inspiration she got from her #mother who worked in a little #MilkBar, work alongside  her, and enjoying the interaction with peoplethough I had worked before and it was my own business but this was a large scalethe benefits of good #timing with #Tasmaniantourism opening up and having #international guests coming from everywhere#colesbay being the first town in #Australia to #banplasticbags and working with @PlanetArk#tasmanina as a beautiful #cleanandgreen placehearing the signal that ït's #timetosell - knowing that the average time it would take to #sellyour business was three or four years.kicking off the #sellingprocess and getting nowhere slowly (initially by putting notices on the front of my businesses - just to see who was out there)deciding that after twelve months two years that it was not really going anywherethe challenges for young couples, young baker's in getting #financedealing with #tirekickers and endless #questionsworking alongside #goodpeople #colorfulpeoplethe difficulties in getting good people working for you in #ruralareas and #countryareashoping and then realizing that #children weren't really interested in taking on the businesses - a major turning point in her lifefeeling anxious from then onexperiencing the sense of loss after selling the business  - wandering "what you are going to do tomorrow?"finally selling and becoming farmers #breeding #BeltedGallowaysworking out that working with animals is a lot easier - because they do not answer back!!@kerrcapital Thanks for listening.  Visit the Owner To Owner Podcast website to subscribe, listen back, or check out any resources or information mentioned on the show.Search @ownertoownerpodcast on your favourite podcast player to subscribe and listen to the episodes.Reach out to Michael Kerr via the website if you need personal assistance or advice for your small business.michael.kerr@kerrcapital.com.auwww.ownertoownerpodcast.com.au 

Regional small businesses are at the centre of healthy local economies, both as a supplier of goods or services and as an employer. It's in everyone's interest that these businesses successfully transfer from one owner to another. Owners of regional businesses face additional hurdles when selling their business. In this 3 part owners of regional businesses share their own personal experiences from going through a business sale process.In this 2nd interview (over 2 weeks)  Sandra Kain from #ColesBay in #Tasmania hares her beginning to end story of landing in #ColesBay starting 2 new businesses and then completing the cycle and selling, over a much longer timeframe than she imagined, a bit over 26 years later.  We cover;arriving in 1994, taking on a #supermarket and #takeaway as one #business, and then a few years later, purchasing the #bakery next doorusing the earlier experience of owning a business in #perth but being challenged by the step up to the next levelher motivations for being in businessthe #inspiration she got from her #mother who worked in a little #MilkBar, work alongside  her, and enjoying the interaction with peoplethough I had worked before and it was my own business but this was a large scalethe benefits of good #timing with #Tasmaniantourism opening up and having #international guests coming from everywhere#colesbay being the first town in #Australia to #banplasticbags and working with @PlanetArk#tasmanina as a beautiful #cleanandgreen placehearing the signal that ït's #timetosell - knowing that the average time it would take to #sellyour business was three or four years.kicking off the #sellingprocess and getting nowhere slowly (initially by putting notices on the front of my businesses - just to see who was out there)deciding that after twelve months two years that it was not really going anywherethe challenges for young couples, young baker's in getting #financedealing with #tirekickers and endless #questionsworking alongside #goodpeople #colorfulpeoplethe difficulties in getting good people working for you in #ruralareas and #countryareashoping and then realizing that #children weren't really interested in taking on the businesses - a major turning point in her lifefeeling anxious from then onexperiencing the sense of loss after selling the business  - wandering "what you are going to do tomorrow?"finally selling and becoming farmers #breeding #BeltedGallowaysworking out that working with animals is a lot easier - because they do not answer back!!@kerrcapital Thanks for listening.  Visit the Owner To Owner Podcast website to subscribe, listen back, or check out any resources or information mentioned on the show.Search @ownertoownerpodcast on your favourite podcast player to subscribe and listen to the episodes.Reach out to Michael Kerr via the website if you need personal assistance or advice for your small business.michael.kerr@kerrcapital.com.auwww.ownertoownerpodcast.com.au 

#regionalsmallbusinesses are at the centre of healthy #localeconomies, both as a supplier of goods or services and as an employer. It's in everyone's interest that these #businesses successfully transfer from one #owner to another.  #Owners of #regionalbusinesses face additional hurdles when selling their business. In this 3 part series #owners of #regionalbusinesses share their own personal experiences from going through a #businesssale process.This first interview (over 2 weeks) is with Carolyn Fryer from #FishCreek in #SouthGippsland who bought, revitalised, and, eventually, sold the Fish Creek General Store and Newsagency. Over the 2 weeks we cover;her plan of moving back to @FishCreek to #retire having bought a #smallfarmbeing approached by some #local people about purchasing the Fish Creek General Store and Newsagency, which was having a bit of a struggle and looked like it might close which would have been quite devastating for the small town (a nail in the coffin)the devastating impact on rural towns when they lose their general store and their newsagencysaying yes, taking on the challenge thinking it would be "interesting" and that she could "turn it around fairly quickly", offload it, go back to the farmputting off your retirement plansthe 6-year project - 2.5 years to revitalise and 3.5 years to  to sell it  (having assumed 6 months). So I ended up being there for six years - way longer than she had anticipatedthe weight felt and challenges faced by Carolyn when approached by some people who wanted to take over and 'ditch' the grocery and newsagency - as much as she wanted to sell and get out she wouldn't do that to the town, otherwise, I would have defeated the purpose of going in there to maintain this service for the localskeeping staff in the loop and motivated during uncertaintykeeping the business improvements going#stickybeaks regularly commenting "this is a lovely business"her business career and buying and selling businesses in the order of 10 businesses over the yearsher recommended #stepstoselling and the need to allow a lot more time and to be patient@kerrcapital Thanks for listening.  Visit the Owner To Owner Podcast website to subscribe, listen back, or check out any resources or information mentioned on the show.Search @ownertoownerpodcast on your favourite podcast player to subscribe and listen to the episodes.Reach out to Michael Kerr via the website if you need personal assistance or advice for your small business.michael.kerr@kerrcapital.com.auwww.ownertoownerpodcast.com.au 

#regionalsmallbusinesses are at the centre of healthy #localeconomies, both as a supplier of goods or services and as an employer. It's in everyone's interest that these #businesses  successfully transfer from one #owner to another.  #Owners of #regionalbusinesses face additional hurdles when selling their business. In this 3 part series #owners of #regionalbusinesses share their own personal experiences from going through a #businesssale process.This first interview (over 2 weeks) is with Carolyn Fryer from #FishCreek in #SouthGippsland who bought, revitalised, and, eventually, sold the Fish Creek General Store and Newsagency. Over the 2 weeks we cover;her plan of moving back to @FishCreek to #retire having bought a #smallfarmbeing approached by some #local people about purchasing the Fish Creek General Store and Newsagency, which was having a bit of a struggle and looked like it might close which would have been quite devastating for the small town (a nail in the coffin)the devastating impact on rural towns when they lose their general store and their newsagencysaying yes, taking on the challenge thinking it would be "interesting" and that she could "turn it around fairly quickly", offload it, go back to the farmputting off your retirement plansthe 6-year project - 2.5 years to revitalise and 3.5 years to sell it  (having assumed 6 months). So I ended up being there for six years - way longer than she had anticipatedthe weight felt and challenges faced by Carolyn when approached by some people who wanted to take over and 'ditch' the grocery and newsagency - as much as she wanted to sell and get out she wouldn't do that to the town, otherwise, I would have defeated the purpose of going in there to maintain this service for the localskeeping staff in the loop and motivated during uncertaintykeeping the business improvements going#stickybeaks regularly commenting "this is a lovely business"her business career and buying and selling businesses in the order of 10 businesses over the yearsher recommended #stepstoselling and the need to allow a lot more time and to be patient@kerrcapital Thanks for listening.  Visit the Owner To Owner Podcast website to subscribe, listen back, or check out any resources or information mentioned on the show.Search @ownertoownerpodcast on your favourite podcast player to subscribe and listen to the episodes.Reach out to Michael Kerr via the website if you need personal assistance or advice for your small business.michael.kerr@kerrcapital.com.auwww.ownertoownerpodcast.com.au