How to Let Go of Control and Maximize Your Business Value with Andrew Miller
In today’s episode of the Exit Insights Podcast, business coach Andrew Miller shares how to prepare for an exit so you can maximize value and exit on your terms.
Andrew spent 16 years in the Restructuring department of the global accountancy firm, KPMG, as well as being seconded to Barclays Bank’s insolvency unit. He has worked for himself for over 11 years during which time he has written eight books, done a TEDx Talk, won numerous awards, and was also invited to be a policy advisor to the government regarding business failure.
He explains that the key to increasing the value of your business is to let go of control, which means delegating tasks and activities and stepping away from the day-to-day operations of the business. By doing this, you allow yourself and others the opportunity to grow, learn, and be successful, which in turn will help to increase the value of your business.
In this episode, you will learn the following:
1. How does an Insolvency practitioner end up as a business coach?
2. What is it that actually holds business owners back from taking the necessary steps to grow their businesses?
3. How can business owners work on the business rather than in the business?