EP324 Community Impact and Resilient Legacies Through Employee Ownership
The Cash Rich Exit Podcast
In this final segment of a powerful three-part conversation, Colleen O’Connell-Campbell and Jennifer Williams explore the community-level impact of employee ownership for Canadian business owners - beyond the dollars and deal terms. If you're a founder who wants to leave behind more than just a net worth number, this episode offers compelling reasons to consider how your exit plan could strengthen your community, not just your portfolio. Key Highlights 💼 Employee-Owned Companies = Stability During Volatility Data shows these businesses are more likely to retain staff...
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EP323 The Tax-Smart Exit - Why Employee Ownership Trusts Are Gaining Ground
The Cash Rich Exit Podcast
In part two of this three-part series, Colleen welcomes back to explore the financial power behind Employee Ownership Trusts (EOTs). This isn't just a values-based feel-good exit. EOTs now offer significant tax advantages that can rival, and even exceed, traditional business sale routes. From how to qualify for the new $10M lifetime capital gains exemption to why Canada introduced this legislation, Jennifer breaks it all down - plus, the importance of doing it right with guidance from experts. ✨ Key Highlights and Timestamps 🕓 02:35 Why the federal government introduced...
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EP322 The Case for Employee Ownership (Part 1)
The Cash Rich Exit Podcast
Host: Colleen O’Connell-Campbell Guest: Jennifer Williams, Founder of Firefly Insights In part one of a three-part series, Colleen sits down with , a passionate advocate for employee ownership and founder of Firefly Insights. This episode explores how business owners can transition their companies to employees - preserving their legacy, values, and community roots - expanding their options beyond the default of private equity or selling to competitors. Jennifer shares why employee ownership is gaining traction in Canada, how it can stabilize businesses post-exit, and why it’s...
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EP321 Employee Ownership could be your Best Exit Strategy
The Cash Rich Exit Podcast
👋 at RBC Dominion Securities In this episode, host Colleen O’Connell-Campbell, Wealth Advisor, sits down with , CEO of , and a pioneer in bringing Employee Ownership Trusts (EOTs) to Canada. Tiara explains how EOTs offer a compelling, tax-efficient option for business owners who want to protect their legacy, empower their employees, and still achieve full value in an exit - without selling to a third party or private equity. Tiara shares how she helped champion Canada's EOT legislation, inspired by robust models in the US and UK, and outlines how Canadian business owners can now...
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EP320 Valuing Digital Assets for a Smarter Exit
The Cash Rich Exit Podcast
Welcome back, Self Made Nation! In this episode, I reconnect with , co-founder of seoplus+, to explore a topic that’s fast becoming essential to business exit strategy: how to identify, measure, and maximize the value of your digital assets. Brock shares how seoplus+ developed a proprietary Digital Asset Valuation program designed to help business owners understand the true value of their online presence - think websites, social media, ad accounts, email lists, and more. Why does it matter? Because overlooking these digital touchpoints can impact your exit multiple...
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EP319 Building Smart Networks and Smarter Exit
The Cash Rich Exit Podcast
In this episode, I sit down with seasoned M&A expert - a true connector in Canada’s investment and business exit ecosystem. With decades of experience in investment banking, private equity, and corporate finance, Eric shares how relationships, preparation, and AI-driven intelligence are reshaping the exit journey for business owners. We dig into the power of networks like the M&A Club, the practical benefits of using AI to prepare for due diligence, and the often-overlooked realities around professional fees, timing, and tax strategy. Whether you’re two years away...
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EP 318 Strategic Finance for a Cash-Rich Exit
The Cash Rich Exit Podcast
Ever wonder how businesses scale successfully - or why some promising companies unexpectedly falter? In this enlightening episode of ‘The Cash Rich Exit Podcast’, host Colleen sits down with , CEO of Unloop Accounting and Founder of Storyline Financial. Shady specializes in helping businesses turn complex financial data into actionable insights that drive strategic growth and profitable exits. From identifying red flags in your cash flow to understanding the crucial difference between accounting and finance, Shady breaks down key concepts every entrepreneur needs to grasp. This...
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EP317 Navigating Tax Complexities for a Cash-Rich Business Exit
The Cash Rich Exit Podcast
Taxes may not be the most exciting topic, but mastering tax planning is crucial for entrepreneurs aiming for a cash-rich business exit. In this insightful episode, host sits down with Mike Nazarov, a seasoned tax partner at KPMG Canada, to decode Canadian tax updates and share essential strategies for structuring your Canadian-controlled private corporation. Here's what you can expect from this episode: 🔑 Practical insights into the recent capital gains inclusion rate changes in Canada. 📈 Tips for optimizing your business structure for maximum tax...
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EP316 Estate Planning for Business Owners - Securing your Legacy
The Cash Rich Exit Podcast
Welcome, Self-Made Nation! Today on The Cash Rich Exit Podcast, we talk about a crucial but often overlooked aspect of business ownership - estate planning. is joined by , estate planning lawyer at Cooligan Yehia LLP, to discuss how business owners can secure their legacy for future generations. 🏢 Why estate planning matters for business owners – Your business is one of your biggest assets. Without a solid estate plan, succession can become complicated, costly, and emotionally taxing for your loved ones. 📜 Essential estate planning documents – Wills, powers of...
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EP315 Building Strong Private Boards - Jennifer Mondoux on Governance Excellence
The Cash Rich Exit Podcast
Welcome back to The Cash Rich Exit Podcast with me, your host, . Today, we're spending time in the world of governance and leadership with , Managing Partner, CEO, and Founder of MondouxRollins Partners Inc. and the visionary behind Canada's Best Private Boards (also known as The Boardies). Jennifer has a rich background – she started in journalism and then moved into helping companies find the right leaders. She really understands how important good governance is for private companies that want to grow and succeed. Because of her experience in executive search, placing leaders, and...
info_outlineWelcome back to The Cash Rich Exit Podcast! I'm your host, Colleen O'Connell-Campbell, Wealth Advisor. In today’s episode, I sit down with Lily Bond, the inspiring young entrepreneur behind Spyce Girlz, who launched her business as a teenager and turned it into a thriving brand. As an entrepreneur in her 20’s, Lily has already faced immense challenges and learned how to navigate the entrepreneurial landscape, offering valuable insights for seasoned business owners and aspiring entrepreneurs alike.
🧑🍳 Building a Business from Scratch: Lily shares her entrepreneurial journey, starting Spyce Girlz in high school to solve a problem she noticed in the spice industry - too much salt and too many unhealthy ingredients. Her story is a perfect example of how passion and necessity can lead to innovation and success.
🌱 The Power of Mentorship: Lily discusses the role of mentorship and the support she received, from her mother to business accelerators like Invest Ottawa and YSpace. She explains how this guidance has helped shape her entrepreneurial education, proving that even "self-made" entrepreneurs need a strong support system.
💪 Overcoming Challenges as a Young Entrepreneur: One of the biggest hurdles Lily has faced is being underestimated as a young woman in business. She talks of her experiences with suppliers and contractors who didn’t take her seriously and how she learned to advocate for herself and demand the quality her business deserves.
🏆 Fun, Frank Advice: Lily’s key piece of advice? “Don’t be afraid to be weird.” She encourages entrepreneurs to be bold, be different, and embrace their authentic selves. It’s these traits that set successful businesses apart.
🎯 Key Takeaways:
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Trust your instincts and follow your passion.
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Advocate for yourself, especially when others don’t give you the respect you deserve.
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Surround yourself with a support system, but also learn to navigate the tough decisions alone.
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Being bold and different is a competitive advantage in business.
If you’re looking for inspiration from a fearless young leader who’s already making waves in the business world, this episode is a must-listen!
Want to shape your business journey in preparation for a cash-rich exit? Let’s connect! I’m offering a complimentary 1:1 wealth gap analysis to help you navigate your next steps. Reach out to me on LinkedIn or via email to schedule your one-on-one session.
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The Cash Rich Exit Podcast is brought to you by O’Connell-Campbell Wealth Management at RBC Dominion Securities.
All opinions expressed by the host, Colleen O’Connell-Campbell, and podcast guests are solely their own opinions and do not reflect the opinion of RBC Dominion Securities.
This podcast is for informational purposes only before taking any action based on information in this podcast you should consult with a qualified professional.
Colleen O’Connell-Campbell is a Wealth Advisor at RBC Dominion Securities, a member of the Canadian Investor Protection Fund.