Welcome to another insightful episode of the Better Business Better Life podcast! In this episode, join me, Debra Chantry-Taylor, as I sit down with Richard Parker, a seasoned finance professional with a diverse background spanning the not-for-profit sector, public accounting, entrepreneurship, and tech companies. Richard shares his journey from climbing the accounting ladder in the not-for-profit arena to becoming a CFO/Controller for a mid-sized tech company in Boulder. Along the way, he offers invaluable insights into entrepreneurship, business acquisition, and growth strategies. We delve into topics such as the nuances of buying a business versus starting one from scratch, the importance of market analysis, and the role of passion in driving business success. Richard candidly discusses his experiences with business failures, the lessons learned, and the importance of embracing failure as a stepping stone to success. Throughout our conversation, Richard provides practical advice on finding the right business, avoiding common mistakes, and navigating the due diligence and negotiation processes. Whether you're a seasoned entrepreneur or just starting your business journey, this episode offers valuable insights to help you grow and succeed. Tune in now to gain actionable strategies and inspiration for your business journey.
HOST'S DETAILS: ___________________________________________ ►Debra Chantry-Taylor is a Certified EOS Implementer | Entrepreneurial Leadership & BusinessCoach | Business Owner ►See how she can help you: https://businessaction.co.nz/ ____________________________________________ GUESTS DETAILS:
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►linkedin.com/in/richardparkerdiomo
►https://www.youtube.com/@richardparkerbuybusiness
►https://www.instagram.com/richardparkerdiomo/
►https://richardparker.com/
►https://www.facebook.com/RichardParkerDiomo
Chapters:
0:00 – Introduction 2:16 - Entrepreneurship, business acquisition, and growth. 6:28 - Buying a business, and market analysis. 10:26 - Buying an established business vs. starting a new one. 16:12 - Entrepreneurship, passion, and business success. 20:36 - Business failures and lessons learned. 24:55 - Embracing failure and seeking help for success. 29:14 - Finding the right business and avoiding common mistakes. 32:49 - Due diligence and negotiation. 37:18 - Growing a business with Richard Parker. --- Send in a voice message: https://podcasters.spotify.com/pod/show/betterbusiness-betterlife/message
