Business coach Ari Iny joins Melinda to answer a listener’s question regarding retirement. As a business owner, the strategy and approach isn’t the same as it is for an employed person — and Ari provides a framework for coaches to plan accordingly.
Show Notes
Ari Iny is a business coach and the head of strategy for the Mirasee ACES program.
In this episode, we discuss:
How to retire without closing your business
Diversifying your income streams
The transition period being a slow process
How to sell your business
Creating additional types of products to sell
Bringing in employees or junior coaches
How to communicate your plans to your clients during the transition period
What legal obligations you need to think about before you bring in a coach
How to begin to reduce your workload as you approach retirement
Transitioning to a new owner
“Start thinking about it now… so that you're not coming up two years before retirement and suddenly scrambling to put everything into place.”– Ari Iny
Ari Iny started at Mirasee in 2014 as the company’s Facebook ad coordinator. Since then, he has grown through working numerous roles in the organization, including head of human resources, mastermind facilitator, and partner liaison. Today, he serves as a business coach and the head of strategy for the Mirasee ACES program.
Disclaimer: The information provided in this episode of Just Between Coaches is for general informational purposes only and should not be construed as legal or financial advice. The hosts and guests of the show are professional coaches sharing their personal experiences and insights. If you are a coach considering retiring your business or making significant changes to your business structure, it is strongly recommended that you consult with a qualified attorney or legal professional, as well as a financial advisor. Laws and regulations vary by jurisdiction, and the specifics of your situation may require tailored legal and financial guidance.
Credits: Host: Melinda Cohan Producer: Michi Lantz Supervising Producer: Cynthia Lamb Executive Producer: Danny Iny Audio Post Supervisors: Evan Miles and Christopher Martin Audio Post Production: Post Office Sound Music Soundscape: Chad Michael Snavely Making our hosts sound great: Home Brew Audio
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Music credits: Track Title: Clouds Artist Name: Acreage Writer Name: Marshall Usinger Publisher Name: BOSS SOUNDSTRIPE PRODUCTIONS
Track Title: Coastline Dream Artist Name: Wild Sky Writer Name: Adam Simons Publisher Name: BOSS SOUNDSTRIPE PRODUCTIONS
Track Title: Coo Coos Artist Name: Dresden, The Flamingo Writer Name: Matthew Wigton Publisher Name: A SOUNDSTRIPE PRODUCTION
Track Title: Stars & Trees Artist Name: Outside The Sky Writer Name: Dustin Ransom Publisher Name: A SOUNDSTRIPE PRODUCTION
Special effects credits:
24990513_birds-chirping_by_promission used with permission of the author and under license by AudioJungle/Envato Market.
Episode transcript: Thinking of Retiring? (Ari Iny) coming soon.
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Creators & Guests
Host
Melinda Cohan
Guest
Ari Iny
Producer
Michi Lantz
What is Just Between Coaches?
Where do coaches turn when they face a difficult situation with a client? Quite often, when coaching challenges arise, they reach out to a coach more senior than themselves. That’s the aim of Just Between Coaches — to be that trusted source of guidance for the coaching community.
Hosted by Melinda Cohan, coach and creator of The Coaches Console business management system, Just Between Coaches will answer the tough questions that coaches face every day. For example, what can I do if my client is lying? How do I deal with price resistance from prospects and clients? What if I want to fire a coaching client? And what the heck is a feeder course and why should I care?
This tactical podcast will provide a deep dive into one coaching topic per episode, which means searching for answers will be a breeze. It will also offer a simple way for listeners to refer other coaches who are grappling with those tough coaching questions. To submit a tough question you’re facing as a coach, put “JBC” in the subject line and send it to podcasts@mirasee.com.