Organic growth vs growth via acquisition


Organic growth vs growth via acquisition
Paul Benson shared his experience in growing his business having put substantial time and effort into growing organically as well as acquiring a book of clients a few years into his journey of being self-employed.
In this session, Paul discussed:
- The pro’s and con’s of organic growth versus growing by acquisition
- Shared his experience in setting up a referral partnership (and why you need to have an agreed upon exit plan at the outset)
- Identifying your strengths and weaknesses, and where you are at in your life to help determine whether growing organically or via acquisition (or a combo of both) is appropriate for you
- If he had his time over why he would acquire sooner, even from Day 1
- How he allocates 20% of his week to focusing on his Financial Autonomy Podcast
- The unexpected referrals he started receiving from existing clients who were sharing his book with their friends and family
To check out a summary article from this web event, click HERE
Links to check out Paul’s stuff and connect with him:
Paul’s website – https://www.guidancefs.com.au/
Paul’s podcast – https://financialautonomy.com.au/podcast/
Paul’s XY profile – https://www1.xyadviser.com/members/5320534
11/03/2021 ago
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Category:
Referrals
Paul Benson shared his experience in growing his business having put substantial time and effort into growing organically as well as acquiring a book of clients a few years into his journey of being self-employed.
In this session, Paul discussed:
- The pro’s and con’s of organic growth versus growing by acquisition
- Shared his experience in setting up a referral partnership (and why you need to have an agreed upon exit plan at the outset)
- Identifying your strengths and weaknesses, and where you are at in your life to help determine whether growing organically or via acquisition (or a combo of both) is appropriate for you
- If he had his time over why he would acquire sooner, even from Day 1
- How he allocates 20% of his week to focusing on his Financial Autonomy Podcast
- The unexpected referrals he started receiving from existing clients who were sharing his book with their friends and family
To check out a summary article from this web event, click HERE
Links to check out Paul’s stuff and connect with him:
Paul’s website – https://www.guidancefs.com.au/
Paul’s podcast – https://financialautonomy.com.au/podcast/
Paul’s XY profile – https://www1.xyadviser.com/members/5320534