Build Value By Choice

Nana Bonsu
Build Value By Choice

This show aims to serve small business owners who want to grow their businesses, while reducing their own personal involvement. We do this through acombination of interviews with industry leaders, and host presentations. Your Host Nana Bonsu is a certified value builder advisor, who leverages astatistically proven methodology to help clients such as you scale or transition their business to the next chapter.We care for our listeners and see their dreams as our own. We aim to foster a community that embraces freedom, generosity, and integrity.We strive to overdeliver every week and look forward to engaging with you on our various platforms. Nana's approach is to help the business owner seetheir business from an external observer perspective when it comes to where they should best focus their strategy and time to maximize value and ensurethe "sellability" of their business to gain peace of mind.The show is a mix of the host sharing his opinions and interview episodes for business owners generating up to 10M in annual revenues. This show willbe your weekly ace of inspiration and ideation.Whether you want to sell your business, pass it down to the next generation or just grow the value of your business asset for the future, this podcastwill equip you with ideas to capture the following outcomes and benefits:- increase your cash flow, minimize or eliminate stressful periods of low cash flow, and increase the overall value of your company.- increasing both the number and quality of recurring revenue streams flowing into your business.- minimize your reliance on any one employee, customer or supplier.- identify areas where additional training, systems or processes are needed to allow your company to operate without you. At Infinite Horizons, Inc. our value-add is helping you with DISCIPLINED ACTION, HIDDEN VALUE & IMPEDIMENTS DISCOVERY, CLARITY OF VISION.We work with you to protect your business against the 5 Ds – Divorce, Disability, Death, Disagreement, Disaster. You, the owner, are equipped to build value. The question is are you?

  1. Evaluating a Remote Executive Assistance Company with Valerie Trapunsky

    23/08/2023

    Evaluating a Remote Executive Assistance Company with Valerie Trapunsky

    Valerie is a former A-list personal assistant and Chief of Staff, current founder and CEO of ChatterBoss, the first and only remote executive assistant service of its kind. Her mission is to guide entrepreneurs to building friction-less teams using a human-centric approach. She joins Nana on Build Value By Choice to discuss her company and what it can do for business owners.  KEY TAKEAWAYS ChatterBoss is the brainchild of Valerie Trapunsky, who founded the company in 2017 after a decade spent working as a top-level assistant for A-list celebrities and as the Chief of Staff for high-net-worth individuals and CEOs. During that time, Valerie developed a passion for effective problem-solving, and became committed to bringing the same level of excellent service to solo entrepreneurs and small business owners. Valerie’s problem-solving skills and genuine love of people are the foundation of everything at ChatterBoss. They solve customer needs through a combination of intelligent technology, intelligent systems, and most importantly, intelligent people. Together, the whole team has built a product that clients can trust to deliver personalized, reliable, and thoughtful service. Your dedicated assistant will be in the same country as you, this has nothing to do with education or quality. This is because it makes the process easier with day to day things someone in your country would know. For example in the US someone would know what the DMV is, but someone in France may not. The most effective advice Valerie has is to give yourself grace and start slow. You’re not going to become a master delegator overnight even if you come from a corporate structure. Work at delegating over time and giving up that control we all feel we need to have. BEST MOMENTS ‘I was supporting these really powerful people who utilize assistants in ways I never imagined’ ‘Customization is the foundation of what we’re built on’ ‘We have a goal to scale and be the top executive assistant company in the US’   EPISODE RESOURCES   Valerie Trapunsky | LinkedIn ChatterBoss VALUABLE RESOURCES Infinite Horizons Free Webinar Productize ebook Leave your comments on the show's facebook community page: https://www.facebook.com/Buildvaluebychoice Get your free valuation here: https://bit.ly/get-free-valuation Podcast website: https://infhorizons.com/podcast/ ABOUT THE HOST Nana Bonsu: “I am an entrepreneur and ex-Corporate Executive who's applying his experience and knowledge from working in various ways to pursue my passion of helping small business owners increase their choices in life by leveraging my knowledge and experience, their employees, systems and money. I help small business owners transform their business and increase value through action-oriented education and implementation of strategies and tactics to make their business sellable even if they are not planning on selling. Known for establishing an environment for personal growth and development. My multicultural background equips me with the intuitive understanding of different cultures and how they impact business owners.” infhorizons.com a...

    30 min
  2. Looking at Your Business From the Perspective of a Manufacturing Business Broker & Ex-Business Owner

    28/06/2023

    Looking at Your Business From the Perspective of a Manufacturing Business Broker & Ex-Business Owner

    Chris Fagnant joins Nana Bonsu on this episode of Build Value By Choice to discuss making your business more sellable, specifically in the manufacturing industry. As a broker and ex-business owner in the manufacturing industry, he’s the perfect person to advise and guide you through making your business more attractive to buyers.   KEY TAKEAWAYS   The key factors that determine the value of a manufacturing business are people, productivity, execution, and cashflow. Much like any other business, potential buyers will want to see proof of healthy and sustainable cash flow. They will also want to see that the supply chain you’re a part of works and if you control your own product lines. It can take at least 3 years to correctly prepare your business for sale, even from the day you buy or start the company, you should be working out your exit strategy. If you run your business in a way where it can operate without you, then you’re on the right path to preparing your business for sale. There are personal expenses for business owners that get wrapped up in the company books. These minor expenses should be worked out of our books because when your business is being appraised they want the true business expenses, they want to see how it will look when they run it and not have to work out what it looks like without you. The number one mistake business owners have when selling their business is understanding how their business is valued. Top line revenue is not the main driver and when it comes to your specific IP, 99% of the time is not the reason someone wants to buy you. If you’re looking at building the value of your business for the next 3 to 5 years, look at the suppliers you have, are they the right suppliers or are there better ones out there. You need to foster those relationships with regular lines of communication and even paying a day early will put you top of their list of people they like to work with. SDE = Seller's Discretionary Earnings. EBITDA = Earnings Before Interest, Taxes, Depreciation, and Amortization.   BEST MOMENTS   ‘It was an opportunity to put a lifetime's worth of experience in manufacturing to work for others’ ‘The outcome of that was a 95% reduction in demand from our largest customer, so we had to pivot’ ‘We leveraged relationships with the right people to ensure we had advocates for our business’ ‘You don’t sell a business and get a check the next week’ ‘Only 30% of businesses successfully transfer for the 1st generation to the next’   EPISODE RESOURCES   https://www.fbb.com/ chris@fbb.com https://www.linkedin.com/in/christopherfagnant/   VALUABLE RESOURCES   Productize ebook Leave your comments on the show's facebook community page: https://www.facebook.com/Buildvaluebychoice Get your free valuation here: https://bit.ly/get-free-valuation Podcast website: https://infhorizons.com/podcast/ Don’t forget to subscribe to the podcast and share it.   ABOUT THE GUEST Chris’ role as a business broker is born out of a lifetime of experience living and working in family-owned businesses. He grew up in the heat seal lidding business. Initially, Chris pursued more corporate opportunities and...

    48 min

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À propos

This show aims to serve small business owners who want to grow their businesses, while reducing their own personal involvement. We do this through acombination of interviews with industry leaders, and host presentations. Your Host Nana Bonsu is a certified value builder advisor, who leverages astatistically proven methodology to help clients such as you scale or transition their business to the next chapter.We care for our listeners and see their dreams as our own. We aim to foster a community that embraces freedom, generosity, and integrity.We strive to overdeliver every week and look forward to engaging with you on our various platforms. Nana's approach is to help the business owner seetheir business from an external observer perspective when it comes to where they should best focus their strategy and time to maximize value and ensurethe "sellability" of their business to gain peace of mind.The show is a mix of the host sharing his opinions and interview episodes for business owners generating up to 10M in annual revenues. This show willbe your weekly ace of inspiration and ideation.Whether you want to sell your business, pass it down to the next generation or just grow the value of your business asset for the future, this podcastwill equip you with ideas to capture the following outcomes and benefits:- increase your cash flow, minimize or eliminate stressful periods of low cash flow, and increase the overall value of your company.- increasing both the number and quality of recurring revenue streams flowing into your business.- minimize your reliance on any one employee, customer or supplier.- identify areas where additional training, systems or processes are needed to allow your company to operate without you. At Infinite Horizons, Inc. our value-add is helping you with DISCIPLINED ACTION, HIDDEN VALUE & IMPEDIMENTS DISCOVERY, CLARITY OF VISION.We work with you to protect your business against the 5 Ds – Divorce, Disability, Death, Disagreement, Disaster. You, the owner, are equipped to build value. The question is are you?

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