233 – Joy Evanns asks, “Are you ready to exit your business?” - a podcast by Karen Yankovich

from 2023-05-01T10:00

:: ::

This week’s episode of Good Girls Get Rich is brought to you by Uplevel Media CEO and LinkedIn expert, Karen Yankovich. In this episode, guest Joy Evanns and Karen Yankovich discuss having an exit plan for your business.

A recovering perfectionist and award-winning author, Joy Evanns had a 15-year career leading a marketing company serving Fortune 50 companies prior to burning out. By shifting out of the hustle and grind and by integrating more holistic, life-honoring strategies including Astrology, Joy made more money, healed chronic asthma and back pain, and now enjoys life and work like never before. Joy is the Founder, Soul-Aligned Business Strategist, & Lead Certified Exit Planning Advisor at Joyful Abundance International. Joy's latest book, Achieve MORE by Saying YES to LESS, is available on Amazon.

#GoodGirlsGetRich

We want to hear your thoughts on this episode! Leave us a message on Speakpipe or email us at info@karenyankovich.com.

 

About the Episode:

Do you have an exit plan for your business? 

What would happen to your business if today you were no more?

These are some of the most difficult questions for entrepreneurs to answer, especially if the business fully depends on them. Today, Joy Evanns joins me on the show to discuss preparing for your business exit and having transferable wealth.

Joy Evanns is a recovering perfectionist. She is an award-winning author; Joy had a 15-year career leading a marketing company that was her Fortune 500 company before burning out by shifting out of the hustle and grind and integrating more holistic, life-honoring strategies like astrology.

Joy made more money, healed chronic asthma and back pain, and now enjoys life and work like never before. Joy is the founder of solo line business strategist and LEED-certified Exit Planning advisor at joyful abundance International. This is where overworked CEOs, founders, and entrepreneurs get out of the weeds and into their soul-aligned genius zones doing the work they love. Creating the systems to take worry-free vacations, totally unplug from the office, and grow transferrable wealth in their business that will eventually support their next season of life through her latest book, Achieve More by Saying YES to Less, which is available on Amazon. 

In this episode, Joy shares what inspired her to start her business, how to prepare for business exit, and detaching herself from the business, among other interesting things.

Listen in and learn.

 

Episode Spotlights:

  • Where to find everything for this week’s episode: https://karenyankovich.com/233
  • What inspired Joy to start her business? [03:17] 
  • Exit strategy for your business [09:13]
  • What inspired Joy to get into helping people get ready to exit their businesses? [11:07]
  • How to prepare for business exit [14:14]
  • How to stop being the centre of your business [16:45]
  • Options available for Joy’s business-based clients [21:40]
  • Have a contingency plan [25:24]
  • How to create an adjusted profit number [28:03]
  • Determining the profit multiples [30:29]
  • How to work with joy [33:42]

 

Magical Quotes from the Episode:

“Most of us have learned that the way that you make money is by doing things that are hard or not enjoyable, or that feels like efforting. And the truth of matter is most people’s genius lives in doing the things that come much more easily and doing the things that time passes by, and they didn’t even notice.”

“If you don’t take the opportunities as an entrepreneur, then you’re worse off than people like with the pensions.”

“Most people don’t learn how to treat their business and look at their business, like an investor, or an asset.”

“If the business is dependent on any one person. That’s the biggest liability to any kind of transfer of wealth.”

 

Resources Mentioned In This Episode:

 

Help Us Spread The Word!

It would be awesome if you shared the Good Girls Get Rich Podcast with your fellow entrepreneurs on Twitter. Click here to tweet some love!

If this episode has taught you just one thing, I would love if you could head on over to Apple Podcasts and SUBSCRIBE TO THE SHOW! And if you’re moved to, kindly leave us a rating and review. Maybe you’ll get a shout out on the show!

 

Ways to Subscribe to Good Girls Get Rich:

Further episodes of Good Girls Get Rich Podcast

Further podcasts by Karen Yankovich

Website of Karen Yankovich