Episode 35 | April Oury | From an overwhelmed business owner to an almost $10 million dollar exit
Welcome to Season 3 of MONEYO2!
If you are a business owner thinking about how to exit, sell, or transition your business - this episode is for you. Today's guest, April Oury, is an inspiring example of someone who ran a small, service-based business and then was able to ultimately scale it from 2 to 8 locations, and then ultimately exit for a nearly 8-figure exit (which is about $10MM).
April talks about how it ultimately took her realizing she wasn't the best person to run the business, and her finally gaining the courage to bring in outside guidance. There are SO many parallels in this story to beauty and wellness companies here, especially those in our MULTI category and also a story so many visionary founders can relate to - what does it take to step aside and transition when it feels like the BUSINESS part isn't working as well as it could - and the importance of separating the service, or the technical element from the actual business operations. Because on the other side of the fear of admitting it might be time for a change, could be a next act waiting for you even better than you could have imagined. I also ask her, "Would you have been able to exit for this nearly $10MM without stepping aside?" Take a listen to find out her answer. This episode is especially relevant for our small business owner communities, especially those who find themselves asking the question - what does my next act look like?
Now, April is living her next act happily as an angel investor, investing in and guiding other small companies as well as teaching people, especially women, how to learn about business and life through playing POKER.
Follow April: @apriloury
Check out Poker Power: https://pokerpower.com/
Also, If You're Ready for What's Next After Salon Ownership...we're here to help you find the best transition option for your salon or spa. Unfortunately, only 1 in 10 salons actually transition successfullyā€”most simply close their doors, leaving years of hard work and dedication with nothing to show for it. Salon owners pour their heart and soul into building their business, and they deserve to turn those years of dedication into the next chapter of financial freedom. Weā€™re here to provide you the guidance and resources you need to cash out, enjoy the fruits of your years of hard work, and ensure both your team and the next owner are in great hands. If you're looking for support on planning your exit or transition, check out Qnity's upcoming Succession programs. At the time of this episode, we have an amazing group of owners starting in just a couple of weeks to work on their next act with the personalized support of our team beginning at the end of March, 2025.
Don't let your legacy end with closed doors. Click here to learn more.
