How to step back from a multi-million dollar business... and let it run without you

In this episode, Mark welcomes back Tim Haschke and Felix Pestinger from Bo Racking. The last time Tim and Felix appeared on the podcast, they spoke about their beginning and how they grew the business as a startup. Today the topic is letting go of the day-to-day management of the business. Mark chats with Tim and Felix about how they have ‘led from behind’ - elevating other people in their business to take on senior management roles. This process leaves the guys open to focus on expansion plans. The conversation also touches on their current branding refresh and looks at their plans for the company over the next decade.Bo Racking is based in Melbourne, Victoria, and offers the highest level of warehouse installation services Australia-wide. They work closely with Australia’s leading manufacturers and suppliers.The Mastermind for Business podcast is powered by Business Accelerator Mastermind, a coaching program that helps service business owners and professionals double their revenue whilst halving their time in the business. Each week, Mark Creedon, a Business Coach at Business Accelerator Mastermind, speaks with some of the best business minds in the world and shares simple, practical steps you can take to create the business you always wanted.About Business Accelerator MastermindBusiness Accelerator Mastermind is a hands on practical program aimed at driving results fast. Spearheaded by Mark and Caroline Creedon and a range of highly qualified experts, the program will give you back the freedom you hoped for when you first started your business or professional practice. With his coaching program, Business Accelerator Mastermind, Mark helps business owners maximize their time, set and achieve goals, while remaining accountable.In today’s podcast, Mark explores:Company Christmas celebrations at Bo RackingDelegation and letting goEarly learnings are extremely useful nowBecoming a national companyLooking forward at Bo RackingFinding motivationCreating opportunities for anyone who wants to achieve at Bo RackingLeading from behindTrusting your teamAttitude trumps skills and education on the jobShare this with someone who might benefitResources/Links:Tim Haschke LinkedInFelix Pestinger LinkedInBo Racking WebsiteMark Creedon LinkedInMark Creedon FacebookBusiness Accelerator MastermindMastermind for Business Podcast----------About the Families in Business Podcast The Families in Business podcast is for family business owners who want to grow a thriving business together, without sacrificing the relationships that matter most.Each week, Mark and Caroline Creedon bring you honest conversations about the real challenges and opportunities that come with running a business as a family - from scaling and systems, to succession planning, to making sure the business serves your life and not the other way around.Whether you're in the early growth phase or thinking about passing the business on to the next generation, this podcast will give you practical strategies and a fresh perspective on the family business journey.----------About Your Hosts Mark and Caroline Creedon are business coaches with over three decades of hands-on experience helping Australian business owners build companies that give them more time, money and freedom. They understand the unique dynamics of running a business with family - because they live it themselves.----------Subscribe for More New episodes drop every week. Subscribe so you never miss practical advice on growing your family business, planning for the future, and building something that lasts.----------Enjoyed this episode? If this episode resonated with you, please leave a comment or review. It helps other family business owners find the show and join the conversation.