EP 307 Leadership and Loneliness – Finding Connection at the Top
Release Date: 11/05/2024
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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Welcome back to ‘The Cash Rich Exit Podcast’! I’m your host, Colleen O’Connell-Campbell, Wealth Advisor. My guest today is Brad Ezard, a seasoned M&A expert and corporate lawyer with extensive experience in private equity, business restructuring, and transaction management. As a partner at in Ottawa, Brad specializes in helping traditional and service-based businesses navigate the complexities of mergers and acquisitions. 🎙️ In this insightful episode, we discuss the unique challenges and opportunities these businesses face when planning for a cash-rich exit. ...
info_outlineWelcome back to ‘The Cash Rich Exit Podcast’! I’m your host, Colleen O'Connell-Campbell, Wealth Advisor. Today, we continue our conversation with Eric Deschamps, a leadership and business coach who talks about the often-overlooked issue of loneliness in leadership. Eric brings insights on how to navigate isolation, especially for those at the top who may feel the weight of leading, without a peer group to lean on.
🌟 Redefining Leadership Loneliness: Eric opens up about the reality of isolation many leaders experience, describing it as a "silent pandemic," especially for men who may lack a support system outside of work. He emphasizes that leadership is about making hard decisions AND about finding the courage to seek connection and support.
🧠 Navigating the "Lone Wolf" Mindset: We explore the common “lone wolf” mindset often encouraged in leadership, where self-reliance becomes a double-edged sword. Eric explains the difference between standing strong in solitude when necessary and living in prolonged isolation, which can negatively impact both personal and professional growth.
💪 Strategies for Overcoming Isolation: Eric shares actionable advice on creating a network of support, finding mentors, and establishing an inner circle for meaningful connection. He stresses the importance of reaching out, sharing vulnerabilities, and moving from self-imposed isolation to a mindset of connection and openness.
💼 Key Takeaways for the Self-Made Nation:
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Loneliness Isn’t Permanent: Recognize that isolation can be a temporary phase and that you have the power to change it.
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Embrace Vulnerability: True connection begins when you’re willing to show your authentic self.
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Find your People: Seek a community or mentor group to share both your challenges and triumphs.
Thank you for listening to this valuable discussion, and stay tuned for the final part of our series with Eric. As you hit play on this episode, please drop me a 5-star rating. Your support helps more entrepreneurs find this valuable content.
Starting to think about your exit from your business?
Join me for a one-on-one wealth gap analysis and let’s craft a strategy that supports both your financial goals and your journey toward a balanced, fulfilling exit. Reach out to me on LinkedIn or email to schedule a time for us to connect.
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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.