Independence by Design: The Business Owner’s Workshop To Getting Unstuck

Independence by Design™: The Business Owner’s Framework to Playing the Game and Maximizing Independence

Independence by Design™ is a framework for owner-operators who want a system to help them focus on strategies that increase their independence through more sustainable cash flow and a higher valuation. IBD has three steps that help owners create an Ownership Roadmap™ so they can design a business that aligns with the life they want to live.

Step 1: Understand the Game

Shift your mindset from operator to owner, and master the art of business valuations so you can use your ownership to design a life of independence.

• Ownership Mindest
• Master the Art of Business Valuations

Step 2: Choose Your Game

Clarify your ownership goals and leverage an advisory team. Use a new set of common understandings to get ownership on the same page by clearly articulating what each business owner wants, why, and when.

• Understanding Ownership Structures & Exit Options
• Leverage an Ownership Advisory Team

Step 3: Play the Game

Align the operations with ownership's goals and manage the business like a financial asset. The three financial statements should be used to create a strategic - and dynamic - financial roadmap that is tied to your goals and gives you visibility into the most important decisions you have to make.

• Create a Strategic Financial Roadmap
• Achieve Ownership & Operational Alignment

The Old Way of Owning a Company:

Work as hard as you can, focus on growing revenue and net income, and hope that you are growing the value of your company and have more cash in your bank account when you want/need it.

❌ Stuck in the Day-to-Day

❌ Working 24/7

❌ Juggling Cash Flow

❌ Company Goals are Based on Revenue & Net income

❌ Unsure How Much Your Company is Worth

There is a Better Way...

Confidently do more of what you love with your time because you know the company has sustainable cash flow, is growing equity value, and can provide you with the income you need without being stuck in the day-to-day.

✅ Independence Over Your Time

✅ Freedom to Come and Go as You Want

✅Sustainable & Predictable Cash Flow

✅ Company Goals are Based on Growing Equity Value

✅ Confident You Know How Much Your Compay is Worth

✅ Be ready to grow, acquire, or sell whenever you want

Unlock the Power of Being a Business Owner

There are countless business operating systems to help us "work in" the business, but there were none to help us understand how to "work on" the business and what it means to be a business owner. That is why the workshop host, Ryan Tansom, created the Independence by Design™ Ownership Framework. Independence by Design™ is the complete ownership system for owner-operators. It helps you generate sustainable cash flow, grow the equity value of your business, and free yourself from the day-to-day so you can have the independence to do more of what you love.

More About the Facilitator and the Panelists

WORKSHOP FACILITATOR

Ryan Tansom // Entrepreneur, Speaker, Podcaster

In 2009, when Ryan joined the family business, it was doing $21 million and lost close to a million bucks. After five of the hardest years he's been through, he helped lead our company through an eight-figure exit. Since then, he has spent every waking minute learning what we could have done differently. His ten-year therapy session led him to create multiple businesses, start a podcast, travel around the US speaking on hundreds of stages to share my story (Visgage, EO, CEO Nexus, industry associations, etc.), and create an ownership framework for owner-operators (over 1,500 have experienced the material) to help them create the independence they deserve. He has also been podcasting for over eight years, with over 400 episodes featuring guests like Gino Wickman, Mike Michalowicz, Jack Stack, ITR Economics, John Warrillow, and editors from Inc Magazine (Bo Burlingham) and HBR (Tom Stewart).

PANEL

Corey Tansom // Sold Imaging Path

Corey Tansom started an office technology company from scratch in the 90s, hit the Inc. 5000 and Fastest 50, reached $21 Million, had 115 employees, and sold it for eight figures to a competitor. He is now the founder of CBT Group and partners up with Strategic Associates to help business owners mitigate their annual and long-term taxes. If he had had a tax mitigation specialist on his team along the way, he’d have millions of dollars more, more exit options, and would have been able to capitalize on more opportunities. We've experienced firsthand the highs and lows of entrepreneurship.

Mike Frommelt // Co-Owner // Strategic Talent Associates
Mike Frommelt is Founder and Co-Owner of Strategic Talent Partners (STP). Prior to creating STP through a merger, Mike owned and led KeyStone Search for 22 years. Through his years with KeyStone and now with STP, Mike has worked with hundreds of business owners, assisting them in hiring C-Level leaders to propel their businesses forward. Mike has also assisted numerous owners through transitions, helping them prepare for, and ultimately hire a President/CEO. This has allowed these owners to move into retirement, or step back in some manner from the day to day of the business without relinquishing ownership.Mike has a bachelors degree in Psychology and Business Administration from the University of St. Thomas and has spent his entire 30+ year career providing executive search, recruitment and talent consulting for small & medium sized, privately held businesses.

ADVISOR PANEL

Roger Roundy // Strategic Associates

Strategic Associates is a Risk Mitigation firm focused primarily on the education and implementation of tax mitigation strategies. Throughout his years of risk management and tax mitigation services, Roger has helped 100’s of business owners and individuals find solutions to protect their incomes from the wealth-eroding factors of risk and taxes. As the CEO and Director of Operations for Strategic Associates, Roger thrives on providing value using innovative but sound tax mitigation strategies to help his clients reduce their tax liability and provide options for properly positioning those savings. "Work hard, play harder, and provide opportunities for others to do the same" has been his M.O. during his business life. Roger has been married for 24 years and is the father to 5 wonderful children. He is an avid outdoorsman and loves to spend any spare time he can find, either biking, skiing, snowmobiling, or hunting. Life is busy, and a passion for working with other successful business owners has directed his path to tax mitigation and the extreme value and opportunity it provides to his clients.

Adam Webb // Quazar Capital

Adam is a Managing Partner and Owner at Quazar. His primary focus is leading the sale/acquisition process with clients, and he also extensively manages prospect relationships and general business development. Adam is passionate about advocating for and representing privately held businesses in the lower middle market. He believes investment banks have historically underserved these businesses, and he takes great pride, as does all of Quazar, in serving this market. Adam has successfully led deal teams and negotiated favorable outcomes for his clients in dozens of transactions with an aggregate value of hundreds of millions of dollars. He utilizes a collaborative approach to maximize value for his clients while ensuring the deal ultimately gets closed.

Luke Maupin // Advisor Panel // Bremer Bank

Luke Maupin, joined Bremer Bank in November of 2023. He is a seasoned business development officer with 16 years of experience in the commercial banking industry and holds a bachelor’s degree in finance and entrepreneurship from the University of St Thomas. Recognized for his innovative sales tactics rooted in the art of developing trust, Luke’s strategic acumen extends to a strong reliance on banking automation and treasury management services. Before joining Bremer, he consistently prioritized building meaningful and lasting relationships through experience as a relationship manager and BDO at US Bank, Wells Fargo, Bank of the West, and American National Bank. His commitment to fostering genuine connections makes him a trusted unifier of various business lines, contributing to the success of the banking groups he has been a part of.