24. Ryan Tansom | Creating an Intentional & Profitable Business

<p>Ryan Tansom, the podcast host of “<a href="https://podcasts.apple.com/us/podcast/intentional-growth/id1132187581">Intentional Growth</a>,” is a keynote speaker, investor, and the co-founder of <a href="https://arkona.io">Arkona</a> and <a href="https://gexpcollaborative.com/">the GEXP Collaborative</a>. After turning around his family’s business, Ryan helped to sell it along with his father for over 8-figures in 2014. During this exit process, he learned a ton after making mistakes that left millions of dollars on the table.</p><p>Since that experience, Ryan has taken what he’s learned and now helps other entrepreneurs to avoid these mistakes by guiding them to get clarity around what they want and control over how to get it.&nbsp;<br><br>Ryan is dedicated to helping the business community and has devoted much of his life, since his company’s sale, to figuring out ways to help owners understand the world of mergers and acquisitions.<br><br></p><p><b>Show Notes:</b></p><ul><li>Intro: Arman sets the stage and provides background on Ryan, his company Arkona, and the topic of today’s episode. [00:12]</li><li>How Arman met Ryan. [01:49]</li><li>Ryan shares his story, what influenced him and the business he ended up creating. [5:33]</li><li>The interpersonal relationship of Partnership Dynamics. [8:43]</li><li>How an LLC should operate. [12:05]</li><li>Creative destruction when transitioning to the next level. [14:33]</li><li>What do you want from your business? [15:09]</li><li>Financial targets. [15:53]</li><li>Knowing the value of your company and Exit Options. [16:24]</li><li>Knowing how to increase that value. [21:40]</li><li>Knowing how to direct your team of advisors and learning about the intentional board vision board strategy. [23:33]</li><li>The glory of entrepreneurship, venture capital money and the appeal of the idea of the big money moonshot exit. [26:56]</li><li>Conscious capitalism and how reading it influenced Ryan. [29:18]</li><li>ESOP and the ownership transition plan route. [33:07]</li><li>Indivi