Small businesses in Australia are changing. For one thing, there’s 2.6 million of them, employing 5.4 million people and contributing $590 billion to our GDP.

But the reasons for starting a business are evolving, with more people looking for the autonomy and financial independence it gives them. Success looks different to every founder, but surprisingly, almost a third of all entrepreneurs don’t have an endgame in mind.

Sean Aylmer speaks to Angad Soin, Managing Director Australia & New Zealand, and Global Chief Strategy Officer at Xero about why it seems so few founders are thinking about their future, the risks of operating without a long-term strategy, and tactics for entrepreneurs to create an endgame that will turn their vision for success into a reality.

Xero is a supporter of this podcast

Small businesses in Australia are changing. For one thing, there&rsquo;s 2.6 million of them, employing 5.4 million people and contributing $590 billion to our GDP. But the reasons for starting a business are evolving, with more people looking for the autonomy and financial independence it gives them. Success looks different to every founder, but surprisingly, almost a third of all entrepreneurs don&rsquo;t have an endgame in mind. Sean Aylmer speaks to Angad Soin, Managing Director Australia &amp; New Zealand, and Global Chief Strategy Officer at Xero about&nbsp;why it seems so few founders are thinking about their future, the risks of operating without a long-term strategy, and tactics for entrepreneurs to create an endgame that will turn their vision for success into a reality. Xero is a supporter of this podcast

Business news you can use. A daily business news podcast with journalists Sean Aylmer and Michael Thompson. Find out more at https://fearandgreed.com.au

Business news you can use. A daily business news podcast with journalists <a href="https://www.linkedin.com/in/sean-aylmer-9922068/" data-saferedirecturl="https://www.google.com/url?q=https://www.linkedin.com/in/sean-aylmer-9922068/&amp;source=gmail&amp;ust=1689199223540000&amp;usg=AOvVaw0wu3ezGEfBZFYspJbTTaYL">Sean Aylmer</a>&nbsp;and&nbsp;<a href="https://www.linkedin.com/in/mcwthompson/" data-saferedirecturl="https://www.google.com/url?q=https://www.linkedin.com/in/mcwthompson/&amp;source=gmail&amp;ust=1689199223540000&amp;usg=AOvVaw08pZ8jZ88rHJgCfbHkTr5k">Michael Thompson</a>.&nbsp;Find out more at&nbsp;<a href="https://protect-au.mimecast.com/s/7AmQCOMxmAtl5q0qiE-KY7?domain=fearandgreed.com.au/" data-saferedirecturl="https://www.google.com/url?q=https://protect-au.mimecast.com/s/7AmQCOMxmAtl5q0qiE-KY7?domain%3Dfearandgreed.com.au/&amp;source=gmail&amp;ust=1689199223540000&amp;usg=AOvVaw1DLq_FuqjEt3HC-ZK1704H">https://fearandgreed.com.au</a>

Fear and Greed is Australia's most popular business podcast.

FEAR & GREED | Business News

Daily business news for people who make their own decisions, with business journalist Sean Aylmer and Michael Thompson. Find out more at https://fearandgreed.com.au

Daily business news for people who make their own decisions, with business journalist <a href="https://www.linkedin.com/in/sean-aylmer-9922068/">Sean Aylmer</a> and <a href="https://www.linkedin.com/in/mcwthompson/">Michael Thompson</a>. Find out more at <a href="https://protect-au.mimecast.com/s/7AmQCOMxmAtl5q0qiE-KY7?domain=fearandgreed.com.au/">https://fearandgreed.com.au</a>

Q+A: Why aren’t entrepreneurs planning for their future?

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/74f84f8a-3dbe-4367-a8dc-b36a00cbd8f9/transcript

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