The Cash Rich Exit Podcast
Colleen O'Connell-Campbell hosts The Cash Rich Exit Podcast dedicated to business owners planning for a crucial financial step - exiting your business. Featuring a diverse array of guests from various industries and ideologies, each episode dives into strategies for building not just an exit, but a cash-rich one. Topped off with 'fun, frank advice,' this podcast is your roadmap to a successful business exit.
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EP 329 Strategic Partnerships and Real Estate Insights
09/09/2025
EP 329 Strategic Partnerships and Real Estate Insights
In this episode of The Cash Rich Exit Podcast, host Colleen O’Connell-Campbell sits down with Ashley Hopkins, President & CEO of Paradigm Commercial Group, and Sarah Vandenbelt, Broker of Record & Founder of Paradigm Commercial Real Estate. Together, they share how their unexpected journeys into real estate led to a powerful partnership under the Paradigm brand. We discuss: The winding career paths that brought them into real estate. Why building strategic partnerships and strong networks is critical in a male-dominated industry. How property management is more than collecting rent - it’s finance, legal, emergency planning, and community-building rolled into one. The importance of due diligence and long-term planning in both investing and property ownership. Practical insights for business owners who want to use real estate strategically - whether as an operating base or an investment vehicle. How adaptability, collaboration, and leveraging trusted relationships drive success in real estate. Their stories highlight what’s possible when business owners align passion with purpose, and when professionals join forces to provide full-service real estate solutions tailored to client needs. Fun Frank Advice: Ashley: “Don’t take no for an answer. An obstacle is just an opportunity in disguise. Keep pushing, keep looking for resources, and surround yourself with the right people.” Sarah: “Don’t wait until you feel ready. Bet on yourself, take the leap, and trust that you’ll figure it out.” Connect with Ashley & Sarah 🌐 **** 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.
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EP328 Intentionality, Identity, and the Exit Journey
08/26/2025
EP328 Intentionality, Identity, and the Exit Journey
What happens when your exit strategy is about more than just money? In this episode, host Colleen O’Connell-Campbell talks to April Harbottle, a highly experienced M&A advisor and business transition specialist. April has spent years helping small and mid sized business owners unlock the value of their companies and transition successfully, whether through exits or by scaling with new partnerships. Together, they explore how values, identity, and leadership evolution shape the founder journey - especially when it's time to let go. 🔍 Key Highlights Start with an assessment - April stresses the importance of getting a business assessment early. It gives clarity on what drives value and highlights the risks buyers will zero in on. Value is only half the story - Beyond valuation, founders need to understand buyer concerns: risks, gaps in operations, and financial vulnerabilities that could affect deal structure. Sell when you don’t need to - April draws the parallel to borrowing: just like a line of credit, the best time to sell is when you’re not desperate. Selling while you’re in control leads to better outcomes. The danger of waiting too long - April shares examples of deals where illness, poor results, or market shifts forced sales under pressure - leading to renegotiated terms and lower valuations. Control = leverage - Sellers who plan early and prepare properly can dictate more of the terms, protect value, and secure a better legacy. Why Listen If you’re a business owner considering an exit now or in the future, this episode is packed with practical insights into when and how to start preparing. April’s advice can help you avoid costly mistakes and ensure you sell on your terms, not someone else’s. Want Help Planning your Own Exit? Colleen offers a complimentary 1:1 Wealth Gap Analysis to help you bridge the space between your business and your financial freedom. It’s a strategic conversation to ensure your exit supports your long-term wealth. Book your call here: Email Colleen Help us Reach More Entrepreneurs If you found this episode valuable, please leave a 5-star rating and a short review. It helps us get discovered and bring on more amazing guests. *** 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.
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EP327 Rethinking Succession - Why Employee Ownership Might Be your Legacy Move
08/12/2025
EP327 Rethinking Succession - Why Employee Ownership Might Be your Legacy Move
With over $2 trillion in business assets at stake and 91% of Canadian business owners without a succession plan, we’re facing a real crisis. In this episode, host chats with Charlie Iscoe, whose venture - CommonShares - is flipping the script on business exits. Charlie brings Wall Street investment experience and a mission to keep Canadian businesses local by transitioning ownership to employees. He explains how their model allows retiring owners to receive fair market value while protecting their teams and communities. If you’re a founder who says, “I’ll deal with it eventually” - this episode is your wake-up call. 🔑 Key Highlights The succession gap in Canada: 91% of business owners have no plan in place. The CommonShares model: Founders get paid a fair price, and ownership transitions gradually to employees. Why it matters: Preserves legacy, protects jobs, and keeps Canadian companies Canadian. Types of businesses they acquire: Light manufacturing, professional services (architecture, engineering, accounting), property services, etc. The people factor: How a bench of 100+ operators helps ensure continuity post-exit. What founders can do now: Start documenting what matters - financial goals, legacy values, level of future involvement. 💬 Fun, Frank Advice from Charlie “If you’re listening to this, it’s probably because you’ve built something remarkable. So don’t let your exit be an afterthought. Take time. Get it right. This isn’t just a transaction - it’s your legacy.” Want to explore your own succession plan? Colleen offers a complimentary 1:1 Wealth Gap Analysis - to bridge the gap between your business success and personal financial freedom. 👉 Connect on LinkedIn - - or email to book your session. 📝 Enjoying the podcast? Help us grow! Leave a 5-star rating and a short review. Every review helps more entrepreneurs find us. *** 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.
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EP326 Identity, Reinvention and Entrepreneurial Grit
07/29/2025
EP326 Identity, Reinvention and Entrepreneurial Grit
In this candid and energizing episode of ‘The Cash Rich Exit Podcast’, host sits down with author, educator, and tech entrepreneur . From academia to publishing to leading a fast-scaling SaaS platform, Lindy shares her story of transformation and what it really takes to walk away from one professional identity to build another. Together, they dig into what motivates bold career pivots, the value of knowing your numbers (and knowing your worth), and how to preserve optionality - especially as a woman founder in Canada. 🔑 Key Highlights Why letting go of sunk cost thinking opened up a path from tenured professor to successful startup founder What women entrepreneurs need to know about being acquisition-ready - even if they aren’t looking to sell yet The importance of shared values between co-founders when building something high-growth and high-impact The role of structure, scale, and strategy in creative and academic transitions to tech Lindy’s fun frank advice on knowing when it’s time to move on - and why you don’t need to apologize for growing beyond a role, title, or institution is the co-founder and CEO of EssayJack, an edtech company acquired by Wizeprep. She’s also a published author, former professor, and fierce advocate for equity in entrepreneurship. 🔗 Connect with Dr Lindy on LinkedIn: 📩 Want to unlock the next chapter of your business story? Book your complimentary 1:1 Wealth Gap Analysis with to explore how to turn business success into personal financial freedom. DM on LinkedIn or visit ⭐️ Enjoying the podcast? Leave a quick 5-star rating and review. Your feedback helps more ambitious founders discover these powerful conversations. *** 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.
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EP325 A Scenic Exit - How Peter Deitz Turned an Eight-Year Journey into Shared Prosperity
07/15/2025
EP325 A Scenic Exit - How Peter Deitz Turned an Eight-Year Journey into Shared Prosperity
In this episode, host chats with Peter Deitz, social entrepreneur and founder of Canada’s first-ever employee ownership trust (EOT) transition at Grantbook. Peter shares how his scenic, eight-year exit journey created space for new ventures, empowered employees, and protected the company’s B Corp values. The episode is a roadmap for any founder looking to exit with both financial return and community impact. 🔑 Key Highlights The Long Game: Peter’s exit took 8 years - twice the time he spent actively running the business. He stayed in a governance role and planned a patient, values-aligned transition. First in Canada: Grantbook became the first Canadian company to officially transition to an Employee Ownership Trust on Jan 1, 2025. This structure ensures lasting impact and local wealth-building. The Emotional Return on Exit: For Peter, legacy outweighed liquidity. He prioritized a fair price while choosing a structure that would protect jobs, uphold mission, and keep culture intact. Mistakes Made and Lessons Learned: He reflects candidly on tax structuring choices that impacted capital gains exemptions - and offers advice for others planning ahead. New Chapter with Unwrapit: Peter is now growing a digital gifting company, Unwrapit, which aligns social impact with user choice and sustainability. Fun, Frank Advice from Peter Deitz: “Start early. The longer the runway, the more control you have. And if you go the employee ownership route, you’ll be met by very happy employees - and a thriving community.” ☕ Curious if an Employee Ownership Trust might be your best path forward? Book a 1:1 Wealth Gap Analysis with and map out your strategy. 👉 Connect via or email to get started. ⭐ Enjoyed this episode? Please leave us a 5-star review. Your feedback helps more founders discover how to exit on their own terms. *** 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.
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EP324 Community Impact and Resilient Legacies Through Employee Ownership
07/01/2025
EP324 Community Impact and Resilient Legacies Through Employee Ownership
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 during tough times. That means healthier communities and more resilient local economies. 📉 Real Talk: Why Shared Ownership Drives Results From reducing turnover to solving problems like lost cutlery (literally - a $72K savings story), employee-owners think and act like stakeholders. 🏠 Keeping Businesses in the Community Selling to employees often keeps operations rooted locally, unlike third-party sales or private equity buyouts that risk relocation. 🔍 The Importance of Financial Transparency Employees who understand even basic financials make better day-to-day decisions. Jennifer breaks down why open-book thinking leads to stronger businesses. 🏛️ What Government and Economic Agencies Should Be Doing There’s a big opportunity for local development offices and boards of trade to help more founders explore employee ownership as a transition path. 📈 Canada’s First EOT Is Here - and More Are Coming With a wave of Employee Ownership Trusts launching, Colleen and Jennifer predict this model will catch fire in the next few years - just like in the UK. 🔁 The Legacy that Sticks This isn’t charity. Employee ownership allows founders to sell at value and leave a business in the hands of people who care. It’s a win-win. 🚀 Ready to Explore your Exit (whether in 2 or 10 years)? Are you a founder without a clear succession plan? Wondering how to turn your business into a legacy? Host is offering a complimentary 1:1 Wealth Gap Analysis to help you understand your current state - and design a personal plan for your next move. 📧 Message her on or email to get started. Let’s make sure your exit is cash-rich, values-aligned, and future-ready. ⭐ Enjoying the podcast? Please take 60 seconds to leave a 5-star review and short review. Your support helps more entrepreneurs find the show and plan smarter exits. *** 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.
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EP323 The Tax-Smart Exit - Why Employee Ownership Trusts Are Gaining Ground
06/17/2025
EP323 The Tax-Smart Exit - Why Employee Ownership Trusts Are Gaining Ground
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 EOTs in Canada 🕓 06:10 How the $10M capital gains exemption works (vs. the regular $1.25M) 🕓 10:20 What kind of business owners should explore this option now 🕓 13:45 Why most accountants and lawyers don’t yet understand EOTs 🕓 17:30 Risks: Why you shouldn’t just “DIY” this kind of exit 🕓 21:15 How EOTs help employees grow their personal wealth 🕓 25:30 The role of wealth distribution in a healthy society 🕓 28:00 Fun Frank Advice: Don’t let tax drive your decisions - just inform them 👉 Curious how an Employee Ownership Trust could benefit your financial future? Book a complimentary 1:1 Wealth Gap Analysis with Colleen on or reach out via email to bridge the gap between business success and personal wealth 📩 ⭐️ Enjoying the show? Leave a 5-star review on Apple Podcasts and help more founder-led business owners find the Cash Rich Exit strategy they deserve. **** *RBC Dominion Securities Inc.* and Royal Bank of Canada are separate corporate entities which are affiliated. *Member-Canadian Investor Protection Fund. RBC Dominion Securities Inc. is a member company of RBC Wealth Management, a business segment of Royal Bank of Canada™ Trademark(s) of Royal Bank of Canada. Used under licence. © RBC Dominion Securities Inc. 2024. All rights reserved*
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EP322 The Case for Employee Ownership (Part 1)
06/03/2025
EP322 The Case for Employee Ownership (Part 1)
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 not just a succession plan - it’s a cultural shift. ✨ Highlights and Time Stamps 1:45 - Why Jennifer left nonprofit work and fell in love with people-first business 5:30 - The Canadian exit landscape: Baby boomers and the private equity squeeze 10:10 - When ownership transitions go wrong (and what to do instead) 14:05 - How employee ownership compares to family succession 20:40 - Common emotional challenges for exiting founders 26:30 - Governance isn’t anarchy: Structuring roles and responsibilities 31:10 - The two-phase process of transitioning to employee ownership 38:50 - Best-fit industries and how to start the conversation 🟡 Fun, Frank Advice from Jennifer “Even if your transition is 10+ years away, the seeds you plant now are what will bear fruit later. Start the conversation now.” 📣 Enjoyed this episode? Leave a 5-star rating and short review on Apple Podcasts - it helps more self-made entrepreneurs like you find the show! 💼 Thinking about your own exit? Book a complimentary 1:1 Wealth Gap Analysis with Colleen on or reach out via email to bridge the gap between business success and personal wealth 📩 We’ll map out a transition that aligns your business success with personal financial freedom.
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EP321 Employee Ownership could be your Best Exit Strategy
05/20/2025
EP321 Employee Ownership could be your Best Exit Strategy
👋 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 benefit from one of the most advanced ownership trust frameworks in the world. Whether you're a legacy-driven founder or a values-focused entrepreneur, this is a must-listen episode packed with strategy, innovation, and practical advice for planning a purpose-driven business exit. ✨ Key Highlights with Timestamps 01:14 - Colleen introduces the topic of employee ownership trusts (EOTs) 02:32 - Tiara explains how she got involved in the EOT space, starting after COVID with her business partner Jennifer 07:39 - Discussion of how Canada created the best EOT legislation by learning from the US and UK models 11:43 - Tiara describes the ideal company size for EOTs (25+ employees, $2M+ EBITDA) 17:11 - Explanation of how EOT sales work as a debt structure, not a gift 25:22 - Highlight of the tax benefit: No taxes on the first $10M of the sale value 28:50 - Discussion of how tax benefits can attract business owners' interest 33:01 - Tiara's advice: Consider who you'd want to sell your business to if financing weren't a constraint Takeaway Themes 🌍 EOTs are not just for altruists - they’re viable, strategic, and tax-efficient. 🤝 Selling to your employees can protect your business’s culture and keep it Canadian. 📈 A successful EOT still requires proper valuation, due diligence, and leadership succession planning. 🚀 With a $10M capital gains tax exemption on the table, EOTs deserve serious consideration. Are you an entrepreneur thinking about your own cash-rich exit? Let’s make sure your strategy protects both your wealth and your legacy. Book a complimentary 1:1 Wealth Gap Analysis with me, Colleen O’Connell-Campbell on . We’ll map out a transition that aligns your business success with personal financial freedom. 🌟 If this episode helped shift your perspective or taught you something new, please leave us a 5-star rating. Your support helps us reach more members of the Self-Made Nation ready to exit with clarity and confidence. 🎧 Subscribe, share, and stay tuned for more episodes packed with exit strategies, leadership insights, and real-world advice. *** 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.
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EP320 Valuing Digital Assets for a Smarter Exit
05/06/2025
EP320 Valuing Digital Assets for a Smarter Exit
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 in ways most entrepreneurs don’t anticipate. Together, we walk through real-world M&A scenarios where missing domains, poor redirect strategy, or underappreciated traffic cost companies real dollars post-sale. Whether you’re planning an exit in 12 months or 5 years, my conversation with Brock will help you make smarter decisions - starting now. Episode Highlights 🔍 What counts as a digital asset (and why most business owners don’t realize they’re sitting on value) 💡 How to quantify web traffic, followers, and engagement as marketing value - not just vanity metrics ⚠️ A real-world cautionary tale of M&A fallout caused by lack of website control 📊 How seoplus+ calculates digital asset worth using ad value benchmarks 📉 Why underestimating the business impact of SEO, redirects, and site integration can cost you during post-merger performance 🛠️ The “Digital Asset Valuation” tool Brock’s team developed - and how to use it 🚀 Brock’s fun, frank advice: stay grounded in the basics, but don’t be afraid to experiment with new tech 💬 If this episode sparked ideas about the hidden value in your digital footprint, share it with a fellow founder! 📈 Ready to find out what your own business is worth - beyond the balance sheet? Book your complimentary 1:1 Wealth Gap Analysis with me, Colleen O’Connell-Campbell on or reach out via email to schedule your session. Let’s map a personalized plan for your cash-rich exit. 🌟 And don’t forget - if you enjoyed this episode, leave us a 5-star rating and review on Apple Podcasts or Spotify. Your support helps us reach more of the Self Made Nation! **** 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.
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EP319 Building Smart Networks and Smarter Exit
04/22/2025
EP319 Building Smart Networks and Smarter Exit
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 from an exit - or ten - this conversation is packed with value you can act on right now. 🔑 Key Highlights 00:03:30 - Eric’s global M&A background and the growing reach of the M&A Club 00:10:45 - Why relationships are everything in a successful deal 00:17:50 - How AI tools like Optionality are helping M&A advisors prep faster and smarter 00:28:10 - The importance of industry-agnostic experience in Canadian M&A advisory 00:36:15 - What a proper capital structure looks like in a growth-by-acquisition strategy 00:46:00 - The true cost of selling your business: professional fees and preparation timelines 00:52:40 - The critical tax move you MUST make at least two years before you sell 00:56:55 - Eric’s fun, frank advice: reward yourself and diversify your financial planning team post-exit ⭐️ Enjoyed this episode? Please leave us a 5-star rating and short review on Apple Podcast. It helps others in the Self Made Nation discover this valuable content. 📈 Thinking about your own business exit? Book your complimentary 1:1 Wealth Gap Analysis with me, . We’ll map out a plan to secure your financial future and make your exit as intentional as your growth. 📩 DM me on or email me. *** 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.
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EP 318 Strategic Finance for a Cash-Rich Exit
04/08/2025
EP 318 Strategic Finance for a Cash-Rich Exit
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 conversation will equip you with essential tools to make informed decisions, ensuring your business doesn't just survive but thrives and achieves a cash-rich exit. Key highlights from this episode: 🎯 Shady’s entrepreneurial journey and why financial expertise became his passion. 📈 Understanding the critical distinction between accounting (past-focused) and finance (future-focused). 🚩 Common financial red flags entrepreneurs often miss - and how to address them proactively. 💸 Why revenue isn't king: Understanding gross margin, profitability, and critical business ratios. 🔑 The vital role fractional CFOs play in businesses with revenues between $1.5M and $10M. 🔄 The importance of tracking customer lifetime value (CLV) and acquisition costs (CAC) in strategic decision-making. 🤝 Practical tips on forecasting cash flow to maintain business health and sustainability. Don’t miss Shady’s fun, frank advice segment, where he offers actionable insights about networking and realistic business valuation expectations - essential tips if you're looking at exiting your business in the near future. Enjoyed this episode? Please take a moment to leave us a 5-star rating and a short review. Your feedback greatly helps us reach more entrepreneurs like you! Ready to plan your own cash-rich exit? Schedule your personalized 1:1 Wealth Gap Analysis with . Connect with Colleen on or send a direct email to start the conversation today. **** 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.
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EP317 Navigating Tax Complexities for a Cash-Rich Business Exit
03/25/2025
EP317 Navigating Tax Complexities for a Cash-Rich Business Exit
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 efficiency. 🏢 Understanding the vital role of proactive tax planning in business transitions. 💼 Why your corporate structure should evolve alongside your business goals. 📆 Guidance on how frequently you should review and update your tax strategy. Mike shares actionable advice to help you navigate the complexities of tax planning, ensuring you're positioned for success whether your exit strategy involves selling to a third party, transitioning to family, or planning for unexpected events. Don't miss Mike's fun, frank advice on building your business "A-Team" - the essential experts every entrepreneur needs in their corner. 🎧 If you enjoyed this conversation, please leave a 5-star rating and review - it helps us continue to bring valuable insights directly to entrepreneurs like you! Let's stay connected! Reach out to on LinkedIn for personalized guidance and to explore a 1:1 Wealth Gap Analysis to get you on track for your own cash-rich exit. **** 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.
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EP316 Estate Planning for Business Owners - Securing your Legacy
03/11/2025
EP316 Estate Planning for Business Owners - Securing your Legacy
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 attorney, and shareholder agreements aren’t just legal formalities - they’re tools to protect your business and family. 💰 Probate tax and multiple wills – How using primary and secondary wills can reduce probate taxes on corporate assets in Ontario. 📊 Estate freeze strategy – Lock in the value of your business for tax efficiency while transferring future growth to the next generation. 👨👩👧👦 Balancing family dynamics in succession planning – Not all heirs are suited to take over the business. How do you ensure fairness while maintaining business success? 🤝 The power of a multidisciplinary advisory team – A coordinated approach with estate lawyers, tax specialists, and financial advisors is key to a seamless transition. 🎯 Fun, Frank Advice from Erin Kelley – “The planning you put off today becomes your family’s problem tomorrow.” Take action now to protect your loved ones. ✨Whether you're planning your business exit in 5–10 years or looking to safeguard your company’s future, estate planning is key. Want a personalized strategy? Book a 1:1 Wealth Gap Analysis with to ensure your business and personal assets are protected for the next generation. 💡 Enjoyed this episode? ✅ Subscribe for more expert insights. ⭐ Leave a 5-star rating – it helps us empower more business owners like you! **** 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.
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EP315 Building Strong Private Boards - Jennifer Mondoux on Governance Excellence
02/25/2025
EP315 Building Strong Private Boards - Jennifer Mondoux on Governance Excellence
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 even coming up with new governance models, she has a lot of valuable advice for business owners, especially those who are thinking about selling their company - and making a cash-rich exit. In this episode, we discuss The Evolution of Leadership Talent Solutions: Jennifer's journey from media and PR to becoming a trusted advisor for mid-market private enterprises. The Importance of Governance in Private Companies: Why private companies need to embrace governance for sustainable growth and value creation. The Birth of The Boardies: How Jennifer identified a gap in recognizing governance excellence in private companies and launched Canada’s Best Private Boards. Building Effective Advisory and Fiduciary Boards: Tips on selecting the right board members and leveraging external perspectives for business growth. Creating a Playbook for Governance: The importance of sharing best practices and developing playbooks to guide other leaders in setting up effective governance structures. Fun, Frank Advice from Jennifer: "What do you have to lose by thinking about people who can help you in a different capacity? It’s an opportunity to build relationships, learn, and grow – maybe even have some fun along the way." Listen, Learn, and Apply If you’re a founder, CEO, or part of the Self Made Nation planning your cash-rich exit, this episode is packed with actionable insights to learn how to transform governance into a growth engine for your business! Ready to leverage governance for growth? Nominate yourself or your company for Canada’s Best Private Boards at and learn more about how governance can impact your exit strategy. Thinking about your own cash-rich exit? I’m offering a complimentary 1:1 Wealth Gap Analysis to help you bridge the gap between your business success and personal financial freedom. Let’s map out a strategic plan that maximizes your wealth while keeping your legacy safe. Connect with me, Colleen O’Connell-Campbell, on or reach out via email to schedule your session. Let’s get you ready for your next big move! Enjoyed this episode? Please leave a 5-star rating to support the podcast and help us continue bringing valuable insights to the Self Made Nation. *** 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.
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EP314 Protecting your Business through Life’s Unexpected Challenges
02/11/2025
EP314 Protecting your Business through Life’s Unexpected Challenges
Welcome back to The Cash Rich Exit Podcast! I’m your host, Colleen O’Connell-Campbell, Wealth Advisor. In today’s episode, I’m joined by Katherine Cooligan, a distinguished family law specialist and founding partner at Cooligan Yehia, LLP. With over 30 years of experience in family law, Katherine shares critical insights on how business owners can safeguard their assets and plan for potential family law challenges - including separation, divorce, and intergenerational wealth transfers. 💡 What you’ll Learn in this Episode: ⚖️ How Family Law Intersects with Business Ownership – The legal complexities when spouses work together, own shares, or have financial ties to a business. 📑 The Role of Marriage Contracts and Cohabitation Agreements – Why every entrepreneur should consider these contracts as a form of business protection. 🏦 Protecting Intergenerational Wealth Transfers – How to ensure that business assets and family wealth remain secure across generations. 🚨 What Happens When a Business Owner Separates? Key challenges, from share divisions to employment law implications, and how to prepare in advance. 🔍 High-Level Strategies for Business Owners – The importance of structuring your company with family law in mind, and why early legal advice can save you from costly disputes later. 🎯 Fun, Frank Advice from Katherine "Spend the money at the front end instead of spending it at the back end. Getting the right legal and financial advice early is a fraction of the cost of fixing things later through litigation." Are you a business owner planning for a cash-rich exit but haven’t considered the legal side of things? Don’t wait until it’s too late. Book a 1:1 Wealth Gap Analysis with me, where we’ll look at how to secure your business, wealth, and future. If you found this episode insightful, leave a five-star rating ⭐⭐⭐⭐⭐ and share it with fellow business owners who need to hear this 🎧 *** 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.
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EP313 Purposeful Philanthropy
01/28/2025
EP313 Purposeful Philanthropy
Welcome to The Cash Rich Exit Podcast! I’m your host, , Wealth Advisor. In this episode, I’m joined by Lois Graveline, founder and CEO of Harmonia Philanthropy, to explore the true value of charitable giving beyond tax savings. Lois brings over 30 years of experience in the charitable sector and is passionate about driving meaningful impact for both individuals and businesses. 🎙️ What you’ll learn in this episode: 🌟 Beyond Tax Benefits: How purposeful philanthropy can drive social change and create lasting impacts within communities while offering benefits for business owners and corporations. 🤝 The Philanthropic Matchmaker: Learn how Lois helps individuals and businesses find charitable causes that align with their values and goals to foster sustainable, long-term relationships with nonprofits. 💡 Building a Culture of Giving: We talk about the steps businesses can take to make philanthropy part of their ethos, from engaging employees to creating a budget for giving. 📊 Misconceptions in Charitable Giving: Lois debunks myths like "donations just go to salaries" and explains how nonprofit organizations operate efficiently within their limited budgets. 🏆 Inspiring Examples: Hear about impactful partnerships between businesses and charities that showcase the power of long-term commitment in making a difference. ✨ Fun, Frank Advice: Lois reminds us that giving isn’t just about writing a check, it’s about creating relationships and making philanthropy a meaningful part of your business and personal legacy. Tune into this episode to learn how to align your charitable giving with your goals and values. And if you’re planning your cash-rich exit, I invite you to book a 1:1 Wealth Gap Analysis with me. Together, we’ll ensure your financial plans include room for meaningful impact through philanthropy. or via email to schedule your session. Enjoyed this episode? Please leave us a five-star rating and share the podcast with your network. **** 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.
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EP312 Building Businesses and Bridging Gaps in Productivity
01/14/2025
EP312 Building Businesses and Bridging Gaps in Productivity
Welcome to The Cash Rich Exit Podcast! I’m Colleen O’Connell-Campbell, Wealth Advisor and your host. Today, we’re joined by a seasoned entrepreneur, Marc Gingras, whose impressive journey spans startups, venture capital, and productivity innovation. Marc is the co-founder of Bloks and, in his own words, “student of entrepreneurship”, continually evolving and applying lessons from each stage of his career. 🎙️ What You’ll Learn in This Episode: 🛠️ The Evolution of Entrepreneurship: Marc shares candid reflections on his early days as a founder, from the highs of innovation to the challenges of navigating downturns, including the emotional and practical lessons he learned during the dot-com bubble burst. 📊 Building Productivity Solutions: You’ll hear about Marc’s journey with Tungle, Foko Retail, and his latest venture, Bloks. Learn how he designed these tools to simplify and streamline operations, saving entrepreneurs and investors valuable time. 🤝 The Power of Mentorship: Marc emphasizes the importance of surrounding yourself with experienced mentors, sharing how this has been instrumental in his own professional growth and success. 📈 AI-Powered Productivity: Discover how Marc’s current venture, Bloks, uses AI to create innovative solutions for venture capitalists and private equity professionals, automating tasks like data aggregation, CRM updates, and relationship insights. 🎯 Fun, Frank Advice: Marc reminds us to view entrepreneurship as a continuous learning journey, emphasizing the importance of humility, curiosity, and collaboration in achieving long-term success. Are you preparing for your cash-rich exit? Take the first step by understanding your financial goals and gaps. I’m offering a complimentary Wealth Gap Analysis to help you align your business success with your personal financial freedom. Connect with me on or email to schedule your one-on-one session. If you enjoyed this episode, please leave us a five-star rating and share it with fellow entrepreneurs. *** 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.
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EP311 Fun, Frank Advice for a Cash Rich Exit in 2025
12/31/2024
EP311 Fun, Frank Advice for a Cash Rich Exit in 2025
Join us on The Cash Rich Exit Podcast for a special roundup of the best "Fun, Frank Advice" shared by our incredible guests this year. I’m Colleen O’Connell-Campbell, Wealth Advisor at RBC Dominion Securities and your host, guiding you - visionary leaders of the Self-Made Nation - through strategies for building, scaling, and planning your intentional cash-rich exit. In this celebratory episode, we reflect on the wisdom, inspiration, and actionable insights offered by our guests throughout the year. From lessons on resilience and vulnerability to practical advice on preparing for an exit, this episode is packed with candid, transformative moments that will empower you to head into 2025 with confidence and clarity. 🎙️ What you’ll Hear in this Episode: Navigating Challenges: How to stay motivated through tough times and believe in your vision. Mindset Shifts: Why embracing vulnerability and authenticity is a leadership superpower. Exit Strategies: The importance of early preparation, understanding your numbers, and aligning with the right advisors. Lessons from Niche Markets: How focusing on smaller, underserved markets can lead to life-changing outcomes. Frank Perspectives on Perseverance: Why the journey matters just as much as the destination. ✨ Special Thanks to all the Self-Made Nation members and professionals who joined us on the podcast this year - your insights inspire us to dream big and act boldly. Enjoyed this episode? Leave us a five-star rating and share the podcast with your network! Your support fuels our mission to guide entrepreneurs like you toward cash-rich exits and lasting legacies. Stay tuned for even more transformative conversations in 2025. Happy New Year! TTFN - ta-ta for now! **** 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.
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EP310 Building M&A Potential for Traditional and Service Businesses
12/17/2024
EP310 Building M&A Potential for Traditional and Service Businesses
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. 📊 The Dynamics of Traditional Businesses in M&A: Brad shares how these businesses differ from SaaS and tech-driven enterprises, discussing valuation trends, market positioning, and strategies to overcome challenges. 🛠️ Preparing for a Successful Transaction: Learn why early preparation is crucial. Brad explains the importance of organizing financials, cleaning up corporate structures, and aligning your goals with the market’s expectations. 💼 Finding the Right Buyer: We highlight the process of matching businesses with buyers, emphasizing the need for strategic alignment and clear communication of goals for post-sale integration. 🎯 Integration Planning: Why a seamless integration plan is critical to post-transaction success, focusing on systems, culture, and employee engagement. ✨ Fun, Frank Advice: Brad reminds us that selling a business is a journey, not a race. He stresses the importance of preparation, patience, and aligning expectations to achieve the best outcome. Are you preparing for your cash-rich exit? Start planning early to maximize your results. I’m offering a complimentary wealth gap analysis to help you align your financial strategy with your exit goals. Reach out to me on LinkedIn or via email to schedule your one-on-one session. Let’s ensure your business transition is as successful as the legacy you’ve built. Enjoyed this episode? Please subscribe, leave a five-star rating, and share with your fellow business owners. *** 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.
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EP309 Navigating Tech M&A for Exit Success
12/03/2024
EP309 Navigating Tech M&A for Exit Success
Welcome back to The Cash Rich Exit Podcast! I’m your host Colleen O’Connell-Campbell, here to guide you, the Self-Made Nation, through the strategies and stories that lead to successful business exits. In this episode, I’m joined by Boris Petkovic, Director at Sampford Advisors Inc., a leading M&A advisory firm specializing in technology companies. We chat about the dynamic world of mergers and acquisitions (M&A) in the tech sector, with insights tailored to entrepreneurs and founders aiming for a cash-rich exit. 🎙️ What you’ll Learn in this Episode: 🌐 The State of Tech M&A: Boris shares key trends shaping the post-pandemic M&A landscape, including a significant dip in deal volumes from 2021 peaks and how quality companies are navigating the market today. 📊 Ottawa’s Thriving Tech Ecosystem: Why Ottawa remains a hub for innovation, with its rich history in telecom and the enduring impact of Nortel's legacy. Boris highlights how local resources like Wesley Clover have supported the growth of new startups in the region. 🤝 Private Equity’s Role in M&A: Learn about the key players in tech M&A, from private equity firms to strategic buyers, and how these groups approach acquisitions to expand markets or add product capabilities. 🛠️ When to Start Planning your Exit: Thoughts on the ideal time for tech founders to begin consulting M&A professionals, emphasizing how early planning helps entrepreneurs align their growth trajectory with valuation goals. 🎯 Fun, Frank Advice for Entrepreneurs: Don’t overlook niche markets! Boris explains how focusing on smaller, less competitive “micro markets” can lead to life-changing exits, even without chasing billion-dollar industries. Are you thinking about your exit strategy? Let’s ensure you’re on the right path to a cash-rich exit. I’m offering a complimentary wealth gap analysis to help you align your financial plans with your business goals. Connect with me on or email to schedule your one-on-one session. Enjoyed this episode? Please take a moment to leave a five-star rating - it helps us reach more entrepreneurs like you who are building towards their successful exit. **** 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.
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EP308 Beyond the Exit - Redefining Identity and Purpose
11/19/2024
EP308 Beyond the Exit - Redefining Identity and Purpose
Welcome back to The Cash Rich Exit Podcast! I’m your host, Colleen O’Connell-Campbell, Wealth Advisor. In this episode, we wrap up our enlightening three-part series with leadership coach Eric Deschamps. We talk about one of the most personal aspects of an entrepreneurial exit: redefining identity and purpose beyond the business. 🌟 Rediscovering yourself After the Exit: We discuss the psychological impact of leaving behind the role of business owner and the challenge of finding a new sense of self. Many entrepreneurs define their identity by their work, and the prospect of stepping away can feel like stepping into a void. 🧠 The Role of Vision, Mission, and Values: We explore how understanding your core values and crafting a personal vision can give you clarity and direction for the next chapter of your life. Eric introduces a framework for uncovering or redefining these elements to align with your current stage of life. 🏆 Practical Tools for Transitioning: From redeeming your past story to taking on reflective exercises like the 15-Day Life Vision Challenge, Eric provides actionable strategies for reconnecting with your purpose and discovering joy outside of your business. 🎯 Key Takeaways for the Self-Made Nation: Your Purpose Is More Than your Business: Start exploring what life beyond work looks like now, not when the sale is imminent. Reflect on your Core Values: Use your values as a compass to navigate the next chapter of your life. Take the First Step: Stop waiting for change to come to you - start creating the life you want today. Are you ready to start planning for your cash-rich exit while preparing for a meaningful next chapter? . I’m offering a complimentary one-on-one wealth gap analysis to help you align your financial plans with your personal vision. Reach out to me on or email to schedule a conversation. Together, we’ll create a roadmap for your future. Thank you for listening to this series with Eric Deschamps. Don’t forget to subscribe and leave a five-star rating - it helps us continue bringing you actionable insights for your business journey. Until next time, TTFN - ta-ta for now! **** 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.
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EP 307 Leadership and Loneliness – Finding Connection at the Top
11/05/2024
EP 307 Leadership and Loneliness – Finding Connection at the Top
Welcome 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: Loneliness Isn’t Permanent: Recognize that isolation can be a temporary phase and that you have the power to change it. Embrace Vulnerability: True connection begins when you’re willing to show your authentic self. 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. *** 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.
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EP306 Finding your Rhythm: Balancing Business Growth and Personal Well-Being
10/22/2024
EP306 Finding your Rhythm: Balancing Business Growth and Personal Well-Being
Welcome back to The Cash Rich Exit Podcast! I’m your host, Colleen O'Connell-Campbell, Wealth Advisor to business owners working towards a cash rich exit. In today’s episode, we kick off part one of a three-part conversation with business and leadership coach, Eric Deschamps. Eric brings a wealth of knowledge, sharing insights into maintaining work-life balance - though, as you'll hear, he prefers the term "work-life rhythm". 🎙 The Ebb and Flow of Life and Business: Eric talks to me about the importance of understanding that life and business are not meant to be perfectly balanced, but rather harmonized in an ebb and flow. He emphasizes the importance of recognizing different seasons in life and business and how to adjust to them, rather than striving for unrealistic balance. 🛠 Tackling Burnout: Eric shares his personal experiences with burnout and highlights the common signs entrepreneurs face, including fatigue, irritability, and lack of motivation. He discusses how taking time off is only part of the solution. To truly overcome burnout, systemic changes and mindset shifts are necessary. 🧠 The Power of Leadership and Self-Care: As a coach, Eric has worked with thousands of leaders. He explains that effective leadership is about more than business strategies - it’s about personal growth, mindset shifts, and prioritizing self-care. By focusing on yourself and investing in your own well-being, you bring the best version of yourself to every role, both personally and professionally. 📈 Key Takeaways for Entrepreneurs: Watch for Burnout: If you’re asking yourself, “Am I burnt out?” you likely are. It’s time to seek help and make changes before burnout derails you. Delegate Wisely: Leaders must delegate tasks effectively to focus on the highest and best use of their time, rather than getting bogged down in minor tasks. Recognize your Season: Understand that life and work come in seasons - sometimes your business needs more attention, and sometimes your personal life does. Adjust your priorities accordingly. Are you feeling the weight of balancing business and life? It might be time to evaluate your current situation and your future exit strategy so you can focus on securing your financial future. Reach out to me for a complimentary one-on-one wealth gap analysis, and let's start crafting a plan that gives you the freedom to live your best life while building toward a cash-rich exit. Thank you for tuning in, and stay with us for the next two parts of this enlightening conversation with Eric Deschamps. Until next time, TTFN (ta-ta for now)! *** 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.
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EP305 Bold Beginnings and Business Lessons
10/08/2024
EP305 Bold Beginnings and Business Lessons
Welcome 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: Trust your instincts and follow your passion. Advocate for yourself, especially when others don’t give you the respect you deserve. Surround yourself with a support system, but also learn to navigate the tough decisions alone. 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 or via email to schedule your one-on-one session. *** 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.
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EP304 Blending Passion and Purpose
09/24/2024
EP304 Blending Passion and Purpose
Welcome to The Cash Rich Exit Podcast, where we discuss the entrepreneurial journey from inception through to a successful exit. I’m Colleen O’Connell-Campbell, your host and Wealth Advisor at RBC Dominion Securities. Today, we're joined by Sheena Brady, the dynamic founder of , a company that’s redefining wellness with its unique tea and botanical-infused essentials. 🌿 From Hospitality to Health: Sheena shares her body of work from a decade-long career in hospitality to discovering the potent world of tea and functional botanicals. This pivot was a career change and a personal health revelation that inspired the foundations of tease. Sheena discusses how early challenges and a serendipitous introduction to tea sommelier training sparked her entrepreneurial spirit. 💪 Empowering Women Entrepreneurs: A passionate advocate for women in business, Sheena talks about founding the , an initiative that supports underrepresented women entrepreneurs through funding, education, and mentorship. This effort reflects her commitment to creating opportunities for women, mirroring her own journey of overcoming the obstacles to success. 🌱 Sustainability and Impact: Tease isn’t just about tea; it’s about creating a sustainable and impactful business. Sheena delves into how Tease has integrated sustainability into every aspect of its operations, from product development to community engagement. Her approach not only enhances the brand's market appeal but also sets a new standard for ethical business practices. 🔗 Key Takeaways for Entrepreneurs: Understand Your Wealth Gap: Sheena emphasizes the importance of knowing what resources you need to maintain your lifestyle without your daily business operations. Invest in Protection: She encourages considering safeguards to protect against unforeseen health issues that could impact personal finances and business operations. Plan for Non-Sale Exits: Sheena’s story highlights the need for alternative exit strategies that ensure both financial security and legacy preservation. 📢 If you’re contemplating your exit strategy, or how to infuse more purpose into your entrepreneurial ventures, let’s connect. I offer a complimentary one-on-one wealth gap analysis to help you navigate your options and plan effectively. Reach out on or email to book your session. Thank you for tuning in to today’s episode. If Sheena’s story has inspired you or sparked ideas for your own business journey, I’d love to hear from you. And remember, building a business is about crafting a legacy - not just for financial gain but for community impact. Until next time, keep striving towards your own cash-rich exit. TTFN, ta-ta for now!
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EP303 Planning for the Unpredictable- a Guide for Canadian CEOs and Founders
09/10/2024
EP303 Planning for the Unpredictable- a Guide for Canadian CEOs and Founders
Welcome (back) to The Cash Rich Exit Podcast! I'm Colleen O'Connell-Campbell, your host and Wealth Advisor, dedicated to guiding you, the Self Made Nation, through the pivotal transitions of your entrepreneurial journey. Today, I’m calling your attention to a topic that is perhaps not as talked about as it should be by Canadian CEOs, founders, and business owners: preparing for a future where selling your business might not be an option. It’s a reality that 91% of business owners over 55 are facing without a formal succession plan. In this episode I’ll give you the primer you need to start planning. 🔍 Understanding the Importance of Early Planning: Tax Minimization: Strategies to reduce your tax liability as you transition your business. Strategic Business Transition: How to plan effectively for handing over your business reins. Planning for Retirement and Financial Freedom: Ensuring your post-business life is secure and fulfilling. Wealth Transfer: How best to pass on your wealth to the next generation. We'll explore these areas through the story of "Sally", a CEO-Founder of a consultancy firm whose business model relied heavily on her daily involvement. When a health crisis struck, the lack of a protective business framework led her business to falter, highlighting the critical need for robust planning. 🛡️ Key Takeaways you’ll Gain from this Episode: Understand your Wealth Gap: Identify what resources you need to maintain your lifestyle without the business’s daily operations. Consider Protection: The importance of critical illness insurance* or similar safeguards to protect against unforeseen health issues that could impact your business and personal finances. Plan for Non-Sale Exits: Develop strategies for exiting your business that don't rely on finding an external buyer but secure your legacy and financial future. 🌟 Sally's Story as a Learning Tool: Sally's experience underscores the necessity of a wealth gap analysis and having a plan that encompasses the ideal exit and prepares for unexpected challenges. 📈 An Invitation to Action: If Sally’s situation resonates with you, or if you're starting to think about your exit strategy, whether it’s looming in the near future or further down the line, I'm here to help. I offer a complimentary one-on-one wealth gap analysis that can help you put in place a strategy to bridge financial gaps and prepare comprehensively for the future. Reach out to me via or email. Disclaimer: Please note that this podcast episode references insurance. The strategies, advice and technical content presented are provided for the general guidance and benefit of our listeners, based on information that we believe to be accurate and complete, but we cannot guarantee its accuracy or completeness. This published content is not intended as nor does it constitute legal or tax advice. Listeners should consult their own lawyer, accountant or other professional advisor when planning to implement a strategy. This will ensure that their own circumstances have been considered properly and that action is taken on the latest available information. Interest rates, market conditions, tax rules, and other investment factors are subject to change. Insurance products are offered through RBC Wealth Management Financial Services Inc.(“RBC WMFS”), a subsidiary of RBC Dominion Securities Inc.(“RBC DS”)* *** 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.
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EP302 Navigating the Seas of Investment - A Summer Book Club Wrap-Up
08/27/2024
EP302 Navigating the Seas of Investment - A Summer Book Club Wrap-Up
Hello, Self-Made Nation! I’m your host Colleen O’Connell-Campbell, Wealth Advisor. As we wind up the summer, we’re rounding out our powerful book club series, where we’ve sailed through the investment strategies of some of the great financial minds. 📘 Retrospective Insights: In this series, we set out on a literary journey with Benjamin Graham's "The Intelligent Investor," then we travelled the unpredictable paths of Burton Malkiel's "A Random Walk Down Wall Street," and finally explored the innovative ideas of Robin Wigglesworth's "Trillions". Each book offered unique insights into building a robust financial foundation, emphasizing market pricing, the futility of timing the market, and the undeniable power of diversification. 🔍 Key Strategies In EP 298 we covered The Intelligent Investor: We revisited Graham's time-honoured principles of value investing which taught us the virtues of discipline and patience, and the importance of focussing on long-term growth rather than short-term speculation. In EP 300 we A Random Walk Down Wall Street: Malkiel's work reinforced that market movements are unpredictable in the short term, advocating for the efficiency of broad-market index funds over the risks of individual stock picking. In EP 301 we covered Trillions: We delved into the transformative impact of index funds and ETFs as detailed by Wigglesworth, illustrating how a systematic investment approach based on market indices can significantly enhance post-business exit wealth creation. If you haven’t listened to those episodes yet, I recommend you start there. 🌊 Charting Future Courses: As we anchor this series, the combined wisdom of these pivotal works steers us toward one clear horizon - the power of a diversified, evidence-based investment strategy. This philosophy not only aligns with our mission at The Cash Rich Exit Podcast but also paves the way for you, the visionary entrepreneur, toward sustainable financial independence and wealth preservation. 🧭 Setting Sail for New Adventures: As we chart new territories in upcoming episodes, I invite you to reflect on these teachings and integrate them into your investment strategy. Prepare to navigate the next phase of our journey together with the solid foundation of a well-crafted investment philosophy. Subscribe to our podcast and never miss an episode that could make a crucial difference in your financial and entrepreneurial journey. Thank you, Self-Made Nation, for joining me on this summer of discovery. Until next time, may your investments be wise, your vision clear, and your resolve unwavering on your journey to a cash-rich exit. I am your host - 📞 Book a 1:1 Wealth Gap Analysis with Colleen Planning to exit your business in 5-10 years? Evaluate and close your wealth gap. Book a 1:1 Wealth Gap Analysis session with me via LinkedIn today and start your journey towards a cash-rich exit! As you hit play, please leave us a five-star rating 🌟🌟🌟🌟🌟 **** 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.
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EP301 From Wall Street to Main Street - Exploring 'Trillions' and the Index Fund Revolution
08/13/2024
EP301 From Wall Street to Main Street - Exploring 'Trillions' and the Index Fund Revolution
Welcome to The Cash Rich Exit Podcast, I'm Colleen O’Connell-Campbell, your host and Wealth Advisor. On this podcast, we talk about the entrepreneurial journey, from the inception of a business idea through to a wealth-focused exit. Today marks our third and final episode in a ‘book club’ series focused on transformative investment philosophies, joined by Alicia Castellino, Senior Relationship Manager at Dimensional Fund Advisors. We read "Trillions" by Robin Wigglesworth, a book that chronicles the revolutionary rise of index funds and ETFs, instruments that have reshaped the investment landscape. This narrative is a tale of financial innovation and a testament to the power of disruption and simplicity - themes resonant with every entrepreneur. Key Insights from 'Trillions': 🚀 Innovation and Disruption: We explore the creation of index funds as a disruptive force in finance, paralleling the innovative spirit that drives your businesses. Understanding these principles can provide strategic insights into managing wealth post-exit. 🛠️ Simplifying Investment: Just as index funds have democratized investing by making it accessible and easier to manage, we discuss how entrepreneurs can simplify their wealth management strategies to ensure a smooth transition from active involvement to passive income generation. 🌟 Lessons from Wall Street Mavericks: The foresight shown by the pioneers of index funds offers valuable lessons on anticipating market needs and executing ideas that can lead to widespread impact. We draw parallels to how you can position your business and personal finances for long-term success. 🏆 Warren Buffett’s Endorsement: Reflecting on Warren Buffett's famous wager that highlighted the effectiveness of index funds over active management, we discuss the importance of choosing investment strategies that are proven to yield long-term benefits. 🔍 Evidence-Based Investment Philosophy: The episode underscores the necessity of adopting an evidence-based approach to investing, which aligns with the principles of index funds - minimizing risk while embracing the market’s overall upward trajectory. As we wrap up our insightful book club trilogy, I hope these discussions inspire you to look at your investment strategies through a new lens - appreciating the value of simplicity, evidence, and strategic foresight in your journey toward a cash-rich exit. Stay tuned and keep in touch with me on social as I continue to bring you more episodes filled with expert insights and practical advice tailored for entrepreneurs like you. Subscribe to our podcast and never miss an episode that could make a crucial difference in your financial and entrepreneurial journey. And if you’ve enjoyed this series, please take a moment to leave us a 5-star rating. Your feedback not only supports our work but also helps us reach and help more entrepreneurs achieve their goals. *** 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.
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EP300 Celebrating Milestones with "A Random Walk Down Wall Street"
07/30/2024
EP300 Celebrating Milestones with "A Random Walk Down Wall Street"
Hello, Self Made Nation, and welcome back to The Cash Rich Exit Podcast. I’m your host, Colleen O’Connell-Campbell, Wealth Advisor. As we celebrate our 300th episode today - a true milestone - I want to express my heartfelt gratitude to all of you for joining me on this journey. Your engagement and feedback have transformed this podcast into a beacon for entrepreneurs aiming for a prosperous and intentional business exit. A Cash Rich Exit! For this milestone episode we continue our focus on investment philosophy. I am joined by Alicia Castellino, Senior Relationship Manager of Dimensional Fund Advisors, as we read an investment classic, "A Random Walk Down Wall Street" by Burton Malkiel. This book it's a masterclass in understanding market behavior and harnessing it to support the wealth you've earned through your business. 📘 Investment Strategies from "A Random Walk Down Wall Street": 🔍 Understanding Market Behavior: We dissect the random walk theory which suggests that stock market prices move randomly and unpredictably—a crucial concept for demystifying market gyrations. 🧩 Debunking Stock Picking Myths: With Malkiel as our guide, we tackle the essence of market efficiency and the myths surrounding stock picking. 📊 Emphasizing Discipline: We emphasize the power of a disciplined, broad-market investment approach, integrating these principles into strategies that align with your dynamic business journey. As we weave through the metaphorical streets of Wall Street, let’s unravel the intricate tapestry of investment strategies that transition you from active business management to passive wealth growth. 🌟 Celebrating Our Journey Together: Reaching episode 300 is not just a number but a testament to our collective quest for knowledge and empowerment. Each episode, each conversation, and each insight serves as a stepping stone towards achieving our ultimate goals of financial independence and a successful business exit. Join me in the next episode as we continue to explore foundational investment philosophies and strategies. Don’t forget to subscribe so you never miss an episode of The Cash Rich Exit Podcast. Your support through ratings and reviews helps us reach more listeners like you, empowering more entrepreneurs on their journey to a cash-rich exit. Here's to many more episodes of learning, growth, and success. Thank you, Self Made Nation, for walking this path with me. **** 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.
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