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What Does Success Mean to You? | Andrew Hartshorn

Today’s Guest Andrew Hartshorn

Andrew Hartshorn, a specialist in helping businesses prepare for exit, joins Matt Edmundson on the Push To Be More podcast. They discuss Andrew's journey from running his own company for 20 years to becoming an expert in mergers and acquisitions. Andrew shares insights on the challenges business owners face when selling their companies and the importance of preparing for exit well in advance. The conversation delves into the value of freedom and time over financial wealth, especially as entrepreneurs age. Andrew emphasizes the significance of balancing work with personal growth and exploration, offering a fresh perspective on success in business. The episode provides valuable advice for business owners looking to maximize their company's value and achieve a fulfilling exit strategy.

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.

If this episode of Push to be More piqued your interest make sure to keep up to date with everything we do here on the Push to be More Podcast.

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Sponsor for this episode

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