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In this episode of the Success x Happiness podcast, we speak with Lachlan Ballinger, founder and managing director of Yield Advisory. Lachlan shares his entrepreneurial journey, starting from his upbringing on a farm in South Australia to founding his multi-award-winning accounting and business advisory firm. The discussion highlights the importance of culture and leadership in business, the challenges of balancing work and family life, and the significance of nurturing talent within the firm. Lachlan also emphasises the value of perseverance, continuous self-improvement, and maintaining a high-performance culture for achieving success and happiness.


 


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Lachlans's Book Recommendation


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Good To Great by Jim Collins - https://amzn.to/4fSHpkr


 


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Table of Contents


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0:00 - Intro


3:10 - Lessons Learned from Upbringing


5:06 - Balancing Parenting Styles


5:40 - Transition to University


7:27 - The Entrepreneurial Spark


10:00 - Strategic Planning for Yield


13:10 - Facing Risks in Entrepreneurship


16:03 - Key Partnerships in Growth


17:10 - Relocating Back to Sunshine Coast


18:21 - Rapid Growth of Yield Advisory


20:47 - Sacrifices in Early Business Days


22:54 - Finding Long-Term Balance


23:39 - Recruiting Top Talent


25:51 - Emerging Leaders Process


28:02 - Enhancing Soft Skills


31:47 - Fostering Company Culture


42:19 - Commitment to Self-Growth


43:59 - Delegating Responsibilities


45:51 - The Value of the Journey


47:32 - Creating a Professional Culture


 


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