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94 - Why This Stanford MBA Left a $16M Business for Family and Wrote a Book About His Journey with Christopher Hillier
Manage episode 454618360 series 3591759
Innhold levert av Nikolas Hulewsky. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Nikolas Hulewsky eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.
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Chris’s Book: https://www.christophershillier.com/its
Join me, Nik (https://x.com/CoFoundersNik), as I sit down with Chris Hillier to dive into his incredible journey. Chris shares why he left a $16M employee benefits business he built to focus on family and personal growth. We talk about building a high-margin business, navigating a family partnership, and the lessons that led him to write his new book, It’s About Time. This is a candid conversation packed with insights on balancing success and life.
Questions this Episode Answers:
- How do you build a high-margin service business from scratch?
- What’s the key to working with family in business?
- Why would someone sell a highly profitable business for personal priorities?
- What lessons come from balancing career ambition with family life?
- What’s Chris’s advice for aspiring entrepreneurs juggling business and personal growth?
Enjoy the conversation!
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Love it or hate it, I'd love your feedback.
Please fill out this brief survey with your opinion or send me an email at Nik@cofounders.com with your thoughts.
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This week we covered:
00:00 Highlights_ Introduction and Background
00:39 Employee Benefits Brokerage Explained
01:33 Target Market and Custom Solutions
02:12 Understanding Self-Funded Plans
03:10 Self-Funded vs. Traditional Insurance
04:40 Navigating Insurance Options
07:15 Revenue Models and Business Growth
08:22 Personal Journey and Family Business
12:05 Balancing MBA and Business
16:51 Business Success and Exit Strategy
21:37 Turning Cost Centers into Profit Centers
22:39 Navigating Industry Challenges and Building Trust
23:59 The Decision to Sell: Motivations and Reflections
26:26 Balancing Success and Personal Life
29:06 Lessons from Entrepreneurship
33:23 Future Plans and Reflections
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