Owner To Owner Podcast

@Michael Kerr talks with @Nigel Purchase founder of Chase Basketball. Nigel and his team have just celebrated a 25 year business birthday. A mighty fine effort for this #familybusiness.  Nigel is all in on his business. It's his passion, it's his superannuation and he still loves going to work!In the discussion Nigel reflects on the 25-year journey, talks about his still strong passion for coaching and the positive impact it has on young athletes. He discusses the challenges he faced in the early days, the importance of mentorship, and the unique dynamics of running a family business. The conversation also touches on;the significance of communityhis own business philosophythe joy of doing what you love and the importance of building a supportive team.Takeaways;Early challenges included navigating the popularity of basketball in a competitive sports market.Mentorship played a crucial role in his business development.Family involvement is key to the business's culture and success.Community and belonging are central to the mission of Chase Basketball.Growth is important, but it should not compromise the quality of the programs.A positive work culture is fostered through recognition and supportContentment with one's business and life is a significant achievement.   Chapters00:00 The Journey of Chase Basketball09:19 Challenges and Growth in Business12:36 The Importance of Mentorship16:08 Family and Community in Business20:22 Future Generations and Legacy23:32 Finding Fulfillment in Business28:41 Reflecting on Purpose and Value30:02 Business as a Personal Superannuation32:33 The Balance of Growth and Contentment35:35 Finding Joy in Business and Community39:04 Future Aspirations and Growth in Basketball43:46 Philosophy of Business and Leadership49:10 Navigating Politics and Small Business Challenges@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

Host @Michael Kerr and guest @Elise Heslop talk through how and why Elise transitioned from a 'safe and secure' corporate role to life as an entrepreneur. After taking a family sabbatical in Italy, she founded Ply Room, a values-based furniture business. After she successfully sold Ply Room she's headed back to a new role in Corporate as Head of Marketing for @earlypay. A full circle with lots of challenges overcome, lessons learned, and pivotal moments. We dig deep into her experiences of being a solo founder and owner of a #smallbusiness;The importance of trusting your instincts to the realities of running a small businessFinding resilience and adaptabilityThe highs and lows of business ownershipThe courage it takes to follow your own pathElise's family sabbatical in Italy as a pivotal moment in her careerThe realities of small business ownership - loneliness, stressTrying to find balance between business and personal lifeElise shares insights on finding a supportive networkWhat it's like to start then sell a business Chapters00:00:00 Introduction to Elise Heslop00:03:00 From Corporate to Entrepreneurship00:09:00 Founding Ply Room00:15:00 Challenges and Lessons Learned00:21:00 The Importance of Instincts00:27:00 Balancing Business and Personal Life00:33:00 Conclusion and Reflections@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

In this compelling episode of "Owner to Owner," host Michael Kerr dives deep with Dr. Craig West, the visionary founder of Succession Plus. Together, they unpick the transformative power of employee ownership programs and their profound impact on business value and succession planning. Discover how and why these strategies not only enhance business resilience but also foster community well-being. Dr. West shares invaluable insights on;How employee ownership programs can significantly enhance business value.Why early exit planning is crucial for business success.How employee share plans help retain key staff and improve business resilience.Why understanding business value is so essential for business owners.How succession planning benefits both businesses and communities.Employee ownership as a strategic exit option.Why employee share plans are gaining popularity in AustraliaChapters00:00:00 Introduction to Employee Ownership00:00:00 Benefits of Employee Share Plans00:00:00 Valuation and Exit Planning00:00:00 Succession Planning in Australia00:00:00 Community Impact and Business Resilience  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

@Gabe Villarreal founder, business buyer and business growth adviser on scaling a liquor business to a million dollars in monthly revenue. We discuss strategies for over coming the practical challenges of scaling and exiting businesses, as well as the merits of 'holding' businesses rather than selling. He stresses the importance of imperfect action, learning from failures, and having options in business. Gabe also talks about his experiences in different industries and countries, and the significance of building a business with an exit strategy in mind.TakeawaysThe importance of imperfect action over waiting for perfection.Learning from failures.Having options in business is more important than the exit itself.Building a business with an exit strategy in mind is essential.Cash flow management is critical for business survival.Acquiring an established business can be more efficient than starting from scratch.@michael kerr @kerr capital   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

@Jacquie Riddell is an experienced #NFP leader and current chair of the @CBAA. The NFP or #ThirdSector is presenting huge challenges to leadership, employees and the many volunteers. Jacquie and host @Michael Kerr talk about;Financial sustainabilityMergers & Acquisitions in the NFP sectorThe impact of overcrowding in the charity sectorThe need for adopting new and better business models and #tech to improve effectivenessGovernance, collaboration, and the role of philanthropyThe future of charitiesThe phenomenon of 'accidental retirement' (read Jacquie's article on this here https://www.linkedin.com/feed/update/urn:li:activity:7334094500333531138/How professionals can transition from corporate roles to the not-for-profit sectorSome key takeawaysNot-for-profits need reliable cash, not just goodwill.The charity sector is overcrowded with over 60,000 charities in Australia.Passion alone is not enough; capability is essential.Successful charities adopt business models similar to for-profits.Governance is critical for the growth of not-for-profits.Mergers and collaborations can enhance sustainability in the charity sector.Philanthropy is a major opportunity for charities, especially during wealth transfer.Post-COVID challenges include reduced revenue and volunteerism.B Corps represent a growing trend in socially responsible business.Chapters:00:00 The Role of Not-for-Profits in Society05:15 Challenges and Opportunities in the Charity Sector10:08 Adopting Business Models in Not-for-Profits15:06 Governance and Capability in Charities20:25 Social Enterprises and Merging Opportunities25:18 Collaborative Solutions in Community Broadcasting27:04 The Importance of Sustainable Revenue28:59 The Rise of B Corporations and Social Responsibility31:11 Governance and Effective Leadership in Nonprofits33:22 The Reality of Nonprofit Work and Organizational Capacity35:36 Funding Challenges and Opportunities for Charities37:54 Navigating Post-COVID Challenges in the Charity Sector39:33 Accidental Retirement: A New Perspective on Career Transitions41:10 Policy Recommendations for the Charity Sector@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