Episode 98
About Ryan Tansom: Ryan started his entrepreneurial career at his family business where he was the executive VP. He was responsible for the strategic operational and financial strategy of a $21 million company. By the age of 27, he helped turn the company around and bring intentional focus to the right strategies, which enabled it to be sold for eight figures in 2014 to a local competitor, Ryan took his experience and founded Arkona to create the intentional growth framework which helps owners view and run their company like a financial asset through educational training and fractional CFO services. Ryan's mission is to help entrepreneurs enjoy work, create wealth, and make an impact in order to make the journey worth it. Ryan has personally guided over 400 entrepreneurs, and leaders through the Intentional Growth Academy. He has been involved in dozens of transactions and spoken in front of some of the most prestigious CEO masterminds, like Vistage Worldwide and Entrepreneurs Organization. He also hosts the popular Intentional Growth podcast that has 340 Plus episodes 500,000 downloads and guests like Gino Wickman, Bo Burlingham, Dan Martell, and others.
In this episode, Jordan and Ryan Tansom discuss:
The “hats” entrepreneurs wear: Owner and Leader
Owners and leaders usually have different values and goals for each hat
The critical conflicts balancing income and growth
“De-risking” cash flow
Growing your value
Key Takeaways
Conflicts happen when there’s a misalignment of values between the leadership and the ownership of a company.
Especially when owners and leaders are the same people, they need to define their goals for each hat they wear. Then they need to create alignment between ownership, leader, stakeholder and client goals.
They must also create a vision that will guide their decision-making and make sure that the organization is always aligned with the overall goal.
Revenue doesn’t mean much for a company. At some point, there needs to be cash flow to generate enough equity growth.
Grow value by increasing and “de-risking” cash flow.
Hire the right team of advisors and coaches to help you get to where you want to be. Surround yourself with people that you trust, love, and respect.
“There is nothing more “freaking” frustrating than someone who wants to just get up and execute when the owner and ownership group doesn’t know what they want.” — Ryan Tansom
Connect with Ryan Tansom:
Website: https://arkona.io
Your host, Jordan Goldrich, grew up in a loud New York family and once lost an executive position because of his style. He is co-author of the Amazon Best Seller, Workplace Warrior®: People Skills For The No-Bulls**t Executive, Chief Operations Officer, Master Corporate Executive Coach, and Licensed Clinical Social Worker. His guests are part of his international network of Workplace Warrior® executives, master corporate executive coaches, and thought leaders. Each guest will engage you in conversation about their successes, mistakes, and solutions. You will get strategies for being completely authentic, while you fulfill your commitment to your organization, build positive relationships, and take performance to an even higher level.
Connect with Jordan Goldrich:
For executives wanting a complimentary executive coaching conversation: jordan@jordangoldrich.com
Website: www.workplacewarriorinc.com
Twitter: https://twitter.com/jordangoldrich1
Facebook: https://www.facebook.com/jordan.goldrich
Instagram: https://www.instagram.com/jordangoldrich/
LinkedIn: https://www.linkedin.com/in/jgoldrich/