Meryl Johnston on Being a Business Owner and not just a Technician

In this episode I sat down with Meryl Johnston, Founder and CEO of Bean Ninjas, host of the Bean Ninjas podcast and creator of the Know Your Numbers online finance course.

Meryl is a Chartered Accountant who specialises in the cloud accounting software “Xero”.

She founded Bean Ninjas in July 2015 with $1,000 following a 7 Day Startup methodology.

Now, 5 years later, the company operates in Australia, the US, and UK and has a distributed team of 15 people.

Meryl is also a mentor of Rob Walling’s accelerator Tiny Seed and has been featured in articles by Xero, Chartered Accountants ANZ as well as popular podcasts including, TMBA, SuperfastBusiness, and Pat Flynn’s Ask Pat2.0.

Meryl believes in people over profit, the power of building systems, remote work, and being a coach rather than a manager.

When not out transforming how services businesses operate, Meryl can be found surfing at a local Gold Coast beach or hanging out with her partner and baby daughter.

Connect with Meryl

Linkedin: https://au.linkedin.com/in/meryl-johnston-3a483728

Twitter: https://twitter.com/johnston_meryl

Key Points Discussed:

Xero Awards Experience, Bean Ninjas and Surf Routine in Between 01:30

Personal Finance and Freedom Number 10:05

Maneuvering Business Hold Downs 21:35

Biggest Learnings and Takeaways in Business Partnership 26:25

What Does Success Look Like to you now 33:34

Making Data Driven Decisions 35:04

Key Takeaways:

There is no such thing as overnight success in business.

The importance of looking into the grind needed before setting off on a business journey.

Being able to sort out personal finances and think on how you can maintain a base income.

Picking an easy business model that will compliment your skill set to start with and always ask questions that make you think bigger.

The definition of success can vary from owning your time to actually finding value in growing a team and creating business opportunities to running a business while being a parent at the same time. But on a grand scale, success is really about freedom and creating time for the things that you love to do while creating an impact for others.

Connect with Me and the Barrels and Business Community:

Facebook: https://www.facebook.com/barrelsandbusiness

Instagram: https://www.instagram.com/barrelsandbusiness/

LinkedIn: https://www.linkedin.com/in/jadegreenau/

YouTube: https://bit.ly/jadegreenyt

Website: https://www.barrelsandbusiness.com/

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