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Ep#7-Why Entrepreneurs Fail Without the Right Financial Plan | ft. David Williams
Manage episode 464873677 series 3595567
Join us on today’s episode of #Alphapreneurs, where host Rayhan Aleem chats with David Williams, GM and Partner at CBD.
David begins by sharing insights from his career consulting some of the most powerful investors in the region, revealing industry methodologies for planning profitable exits, building effective networks, and avoiding common pitfalls faced by both young and seasoned entrepreneurs.
He also sheds light on the early days of entrepreneurship, where founders may display an invincible drive to carry their businesses on their shoulders, often without seeking the help they need. This tendency can make it difficult to accept feedback, driven by the fear of being judged.
👉 Follow David Williams on LinkedIn: https://shorturl.at/iloCh
👉 Website: http://www.cbdcorporateservices.com/
👉 Follow CBD on: LinkedIn: https://shorturl.at/BeuMs
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𝗪𝗵𝗼 𝗔𝗺 𝗜?
My name is Rayhan Aleem, Founder and CEO of 𝗧𝗮𝘅 𝗦𝘁𝗮𝗿 and 𝗔𝗹𝗽𝗵𝗮 𝗣𝗿𝗼 𝗣𝗮𝗿𝘁𝗻𝗲𝗿𝘀. At 𝗔𝗹𝗽𝗵𝗮𝗽𝗿𝗲𝗻𝗲𝘂𝗿𝘀 podcast I sit with top industry leaders for in-depth conversations that dive deep into their success stories, market dynamics, and firsthand tips on entrepreneurship and profitability. Whether you're just starting out or already running your own business, 𝗔𝗹𝗽𝗵𝗮𝗽𝗿𝗲𝗻𝗲𝘂𝗿𝘀 offers something valuable for everyone.
👉 Follow 𝗥𝗮𝘆𝗵𝗮𝗻 𝗔𝗹𝗲𝗲𝗺 on LinkedIn: https://bit.ly/3U2niHn
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𝗦𝗽𝗼𝗻𝘀𝗼𝗿𝘀:
𝟭-𝗔𝗹𝗽𝗵𝗮 𝗣𝗿𝗼 𝗣𝗮𝗿𝘁𝗻𝗲𝗿𝘀:
-𝗪𝗲𝗯𝘀𝗶𝘁𝗲: https://www.alphapartners.co
-𝗟𝗶𝗻𝗸𝗲𝗱𝗜𝗻: https://bit.ly/3Yf4VRZ
𝟮-𝗧𝗮𝘅 𝗦𝘁𝗮𝗿:
-𝗪𝗲𝗯𝘀𝗶𝘁𝗲: https://www.taxstar.app
-𝗟𝗶𝗻𝗸𝗲𝗱𝗜𝗻: https://bit.ly/3ZVjzPD
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𝗟𝗶𝘀𝘁𝗲𝗻 𝗼𝗻:
🔗 𝗬𝗼𝘂𝘁𝘂𝗯𝗲: https://bit.ly/47gaW3F
🔗 𝗦𝗽𝗼𝘁𝗶𝗳𝘆: https://bit.ly/3ZbtGiR
🔗 𝗔𝗽𝗽𝗹𝗲 𝗣𝗼𝗱𝗰𝗮𝘀𝘁: https://bit.ly/4dOfS2f
🔗 𝗔𝗻𝗴𝗵𝗮𝗺𝗶: https://bit.ly/3Mutunk
🔗 𝗔𝗻𝗱 𝗠𝗮𝗻𝘆 𝗺𝗼𝗿𝗲!: https://bit.ly/3XfGYbD
𝗘𝗻𝗷𝗼𝘆𝗲𝗱 𝘁𝗵𝗲 𝗲𝗽𝗶𝘀𝗼𝗱𝗲? 𝗦𝘂𝗯𝘀𝗰𝗿𝗶𝗯𝗲 𝘁𝗼 𝗔𝗹𝗽𝗵𝗮𝗽𝗿𝗲𝗻𝗲𝘂𝗿𝘀 𝗼𝗻 𝘆𝗼𝘂𝗿 𝗳𝗮𝘃𝗼𝗿𝗶𝘁𝗲 𝗽𝗹𝗮𝘁𝗳𝗼𝗿𝗺 𝗮𝗻𝗱 𝗹𝗲𝗮𝘃𝗲 𝗮 𝗿𝗲𝘃𝗶𝗲𝘄 𝘁𝗼 𝗵𝗲𝗹𝗽 𝘂𝘀 𝗿𝗲𝗮𝗰𝗵 𝗺𝗼𝗿𝗲 𝗹𝗶𝘀𝘁𝗲𝗻𝗲𝗿𝘀!
Chapters
1. Intro (00:00:00)
2. Why Choose Finance? David’s Early Journey into the Profession (00:01:37)
3. Key to Entrepreneurial Success: Trust, Communication, and Planning (00:04:09)
4. Transitioning from Employee to Entrepreneur: Lessons and Advice (00:08:36)
5. Partnering with Like-Minded Businesses and Launching Accounting Division (00:13:23)
6. Dubai vs. Abu Dhabi: Personal and Professional Perspectives (00:17:51)
7. Biggest Mistakes Entrepreneurs Make with Numbers (00:20:37)
8. Tips for Valuing a Business: Revenue Multiples, EBITDA, and Exit Strategies (00:33:15)
9. Closing Remarks: Future projects, How to Reach David ,and Final Thoughts (00:43:24)
15 episodes
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