Navigating the Entrepreneurial Rollercoaster, with Lachlan Ballinger - EP71

In this episode of the Success x Happiness podcast, we speak with Lachlan Ballinger, founder and managing director of Yield Advisory. Lachlan shares his entrepreneurial journey, starting from his upbringing on a farm in South Australia to founding his multi-award-winning accounting and business advisory firm. The discussion highlights the importance of culture and leadership in business, the challenges of balancing work and family life, and the significance of nurturing talent within the firm. Lachlan also emphasises the value of perseverance, continuous self-improvement, and maintaining a high-performance culture for achieving success and happiness.

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Listen To The Podcast

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Spotify - https://open.spotify.com/show/1CCrfi7eB3zlANJ81D1C72?si=4221bec96c244a0c

Apple Podcasts - https://podcasts.apple.com/au/podcast/success-x-happiness/id1683066164

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Lachlans's Book Recommendation

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Good To Great by Jim Collins - https://amzn.to/4fSHpkr

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Podcast Music

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Table of Contents

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0:00 - Intro

3:10 - Lessons Learned from Upbringing

5:06 - Balancing Parenting Styles

5:40 - Transition to University

7:27 - The Entrepreneurial Spark

10:00 - Strategic Planning for Yield

13:10 - Facing Risks in Entrepreneurship

16:03 - Key Partnerships in Growth

17:10 - Relocating Back to Sunshine Coast

18:21 - Rapid Growth of Yield Advisory

20:47 - Sacrifices in Early Business Days

22:54 - Finding Long-Term Balance

23:39 - Recruiting Top Talent

25:51 - Emerging Leaders Process

28:02 - Enhancing Soft Skills

31:47 - Fostering Company Culture

42:19 - Commitment to Self-Growth

43:59 - Delegating Responsibilities

45:51 - The Value of the Journey

47:32 - Creating a Professional Culture

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#podcast #business #success

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