Stephen Van der Watt
Stephen has extensive experience in supporting sales growth teams in the corporate insurance and employee benefits space, providing world-class business solutions..
Stephen has extensive experience in supporting sales growth teams in the corporate insurance and employee benefits space, providing world-class business solutions..
Insights from business owners, for business owners on issues of business growth and value.
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If you prefer to save it manually, the link to join the session is: https://aurik.zoom.us/j/95329316090
We will be in touch nearer the time and look forward to seeing you online.
For deeper insights into building a business into a wealth-generating asset, read Pavlo’s first book: Sweat Scale $ell, which is packed with stories of business owners who have gotten this right, as well as practical growth insights. To understand how to build a business to thrive in change, read Reset Rebuild Reignite.
Kate has extensive experience in change management for organisations of all sizes and her passion for helping people and organisations to excel has delivered meaningful results for the clients she works with at Aurik.
Aurik co-founder and CEO Pavlo Phitidis unpacks his 30:30 principle – business owners spend 30-plus years building their businesses and only 30-odd hours selling them, when the time comes. And it shows in the value of their businesses when it comes to exit.
Standing out in an increasingly commoditised, competitive environment is critical to finding, winning and holding clients. The key to getting this right is to understand with crystal clarity who you serve, and what problem you solve for them.
In a competitive world, growth is vital for survival. If your company is not growing, it’s dying. You also need to maximize your economic prime’s impact as a business owner and become the best you can be to maximize that return-on-time during your prime.
Successful growth sees revenues and profits increase on a consistent, reliable basis. That would be fine in a less competitive world. To maintain and grow your market share you need to grow well above industry growth rates. To get this done, need to be investing 70% of your time on NLG.
We will work with you
Working with you and your team, we will:
Structure determines behavior, which generates an outcome determined by the design of that structure. Simplifying the design of your business scales it. Successfully done, your path to accelerated growth will deepen value and let you spend your time where it counts most, next-level growth
Succession of a business is fraught with emotional and practical challenges, whether in family businesses or across the professional services sector. Success is rare, with 73% of succession attempts failing at a significant cost to the founders, successors, employees, customers, and suppliers.
For family businesses, failure costs both generations the family’s wealth-generating and emotional wellbeing. In private companies, it erodes or stalls the retirement wellbeing of the exiting generation and robs the next generation of their future wealth creation path. All lose.
If you’re exiting, your successors will pay you out over time, and you need to be confident that they can operate, run and grow the business without your input. Should they raise capital to acquire their shares, they’d need to meet the requirements of a funding source.
We work with you to develop a structured succession plan that is practical and measurable to
Working with you and your leadership team or family members to:
An inclusive, structured, time-based engagement to reliably handover in a risk-managed process, the responsibilities of the business operations and strategy, align the expectations between the exiting and succeeding generation on the company’s future direction plus establishes the framework for the transfer of responsibilities while ensuring facilitated communications, the use of data to moderate and guide decisions and the development of respect between the generations. Allows for the alignment on valuation, terms of payment, conditions of handover to preserve the wealth payout for the exiting and wealth creation path for the succeeding.