Balancing Work and Worth in Business with Christine Nicholson

Ann Carden and Christine Nicholson discuss how over-involvement can devalue your business, the top considerations for growth, understanding ROI, and the importance of an exit strategy. They also explore reducing reliance on the owner and the impact of ego on business growth.

Christine Nicholson is an engaging speaker and seasoned expert on exit and succession planning in owner-managed businesses including employee ownership, exit options and getting out of your own way. She has frequently guested on podcasts as a repeat guest because one episode is not enough. She's the author of 4 books that give practical advice on running better businesses. Based between London and Oxford, UK, she's lived and worked in 10 countries and exited dozens of businesses generating hundreds of millions in shareholder value. She's a military veteran and even ran a zoo in the Middle East. She's an entertaining storyteller, adventure hiker, and gardener.

Contact Christine: https://christinenicholson.co.uk/ https://www.linkedin.com/in/christine-nicholson/

(0:00) The more you work in your business, the less your business is worth (0:27) Introduction to the podcast and its purpose (1:26) Introduction of the guest, Christine Nicholson (5:27) Top three things to consider when building and growing a business (9:06) Understanding the return on investment (ROI) for your business (19:20) Importance of thinking about your business exit strategy (20:20) Sponsor: Expert in You Workshop (21:11) The concept of reducing your business's reliance on you (27:08) The impact of ego on business growth (35:18) Introduction to Christine's ideal clients (40:52) Sponsor: Expert in You Accelerator