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Hourly to Exit

Hourly to Exit

Erin Austin

The transformation of an expertise-based business from an unscalable, income-focused business to a scalable and saleable, profit-focused business is a journey. Host Erin Austin, attorney and consultant, and the Hourly to Exit podcast gives you a front row seat on that journey. Through conversations with expert guests, other expertise-based business owners and the occasional solo episode, Erin brings the “explain it simply and clearly” style that she’s known for to share tips, tactics, strategies–and even some legal know-how–to help your businesses progress from a freelance lifestyle gig to a wealth building saleable asset and beyond. Hourly to Exit is sponsored by Think Beyond IP, a strategic legal advisory firm that helps expertise-based businesses create, protect and leverage intellectual property to grow sustainably and build a business that will be ready to sell when the founder is ready to exit. At hourlytoexit.com/podcast, you can download a self-assessment to determine where your business is on the journey and what it needs to become a wealth building asset.

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Top 10 Hourly to Exit Episodes

Goodpods has curated a list of the 10 best Hourly to Exit episodes, ranked by the number of listens and likes each episode have garnered from our listeners. If you are listening to Hourly to Exit for the first time, there's no better place to start than with one of these standout episodes. If you are a fan of the show, vote for your favorite Hourly to Exit episode by adding your comments to the episode page.

This podcast is for you if you are the founder of a service based business whose product is expertise, which has stable revenue, and you understand who your best clients are; if you’re doing work you love, but have hit an earnings plateau and are looking for ways to work through it; if you want to build a business that can thrive into the future.

This podcast is a place to get support, clarity, answers, and if you need it, permission to achieve a big, audacious goal, creating a business you’ll be able to sell someday.

I’m your host, Erin Austin, and I’m transitioning my business from a time-based one to a business that can run independently from me and be a saleable asset. We’ll focus on these issues from a woman’s perspective because exiting a business is a life-changing transition.

The life we want to create is the prize; money is the tool that helps us achieve it.

Our woman-to-woman conversations in Season 1 will feature award-winning experts and thought leaders in their field.

In the Hourly To Exit podcast, we’ll cover:

  • Shifting into CEO mindset
  • The importance of strong position
  • Creating and owning assets
  • Education and fundamentals about selling a business
  • And much more!

Would your business be ready to sell if your biggest client called wanting to bring your function in house?

What will your next chapter be? Will you be ready?

Connect with Erin and find the resources mentioned in this episode at hourlytoexit.com/podcast.

Music credit: Yes She Can by Tiny Music

A Podcast Launch Bestie production

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If you are creating a licensing program, you need to be confident that you have the right to use all of the content in your materials. If you are using any content you did not create, you need to listen to this episode. Dive into Episode 87 where host Erin unpacks the essentials to securing the right permissions with confidence. Here's a sneak peek!

🔑 Key Takeaways:

  • Get permission: Unless you have 100% certainty that the content is in the public domain, get permission.
  • Permission Precision: Always clarify usage rights—the what, where, and how long. Clear written agreements prevent misinterpretation and protect your interests, especially as your work scales up.
  • Early Engagement: Initiate the permission process well in advance to hedge against delays. And be prepared with a backup plan.
  • The Value Exchange: Prepare to offer value for the content you seek to use. Whether it's monetary compensation or another form of consideration, respect the original creator's entitlement to benefit from their work.

📑 Need to draft that perfect permission request? Erin walks you through the do's and don'ts of crafting your letter for maximum clarity and professionalism.

Listen to the full episode now, and don't miss out on parts one and two of our thrilling three-part series on licensing.

Gain the know-how to legally leverage the brilliance of others—visit protectyourexpertise.com for an in-depth guide on the topic, as discussed in our latest episode.

Connect with Erin to learn how to use intellectual property to increase your income and impact. hourlytoexit.com/podcast.

Erin's LinkedIn Page: https://www.linkedin.com/in/erinaustin/

Hourly to Exit is Sponsored By:

This week’s episode of Hourly to Exit is sponsored by the NDA Navigator. Non-disclosure agreements (NDAs) are the bedrock of protecting your business's confidential information. However, facing a constant stream of NDAs can be overwhelming, especially when time and budget constraints prevent you from seeking full legal review. That's where the NDA Navigator comes to your rescue. Designed specifically for entrepreneurs, consultants, and business owners with corporate clients, the NDA Navigator is your guide to understanding, negotiating, and implementing NDAs. Empower yourself with legal insights and practical tools when you don’t have the time or funds to invest in a full legal review. Get 20% off by using the coupon code “H2E”. You can find it at www.protectyourexpertise.com.

Think Beyond IP YouTube Page: https://www.youtube.com/channel/UCVztXnDYnZ83oIb-EGX9IGA/videos

Music credit: Yes She Can by Tiny Music

A Team Dklutr production

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In this episode, Radiance Harris and I talk about all things trademarks, including--but not limited to:

  • A broad overview of trademarks, copyrights, trade secrets and patents
  • The trademark registration process
  • The nitty-gritty of trademark protection in your expertise-based business
  • The many benefits of getting an experienced trademark attorney on your team early.

Radiance W. Harris, Esq. is an award-winning trademark attorney, bestselling author, and speaker. As the founder and managing attorney of Radiance IP Law, she helps emerging businesses protect, monetize, and grow profitable brands with trademarks. She has successfully represented startups and multinational corporations across diverse industries. Previously, she worked at one of the world’s largest law firms representing Fortune 200 brands. During her extensive career, Radiance has been widely recognized as a thought leader in the intellectual property law field. Her accolades include Maryland Rising Stars for Intellectual Property by Super Lawyers, Washington, D.C. Rising Stars for Intellectual Property by Super Lawyers, and Nation’s Best Advocates: 40 Lawyers Under 40, to name a few. She has also been featured as a legal expert in a variety of publications, including Forbes and The New York Times.

Grab your copy of “Trademark Like A Boss” - http://book.radianceiplaw.com

Connect with Radiance

On Instagram: Radiance | Trademark Attorney (@radianceharrisesq) • Instagram photos and videos

On LinkedIn: http://www.linkedin.com/in/radianceharris

Online: Radiance IP Law

Connect with Erin and find the resources mentioned in this episode at hourlytoexit.com/podcast.

Music credit: Yes She Can by Tiny Music

A Podcast Launch Bestie production

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Launching into Web 3.0 With Your Expertise Based Business

I was so lucky to be joined in this episode by JoAnn Holmes, an IP expert who was able to provide some amazing insights into one of the biggest tech buzzwords: Web 3.0. Even those of us who practice in IP are still learning about this new frontier, which touches on finance, connectivity, asset-building, product creation – topics that are near and dear to professionals with expertise-based businesses looking to grow. In accessible language with useful examples, Jo walked us through the topic, and it sparked so many ideas for me, as I hope it will for you. In this episode you will learn:

· The five tent poles of Web 3.0 and how it opens up new opportunities

· The amazing potential of decentralized autonomous organizations (DAOs)

· Key benefits, risks, and possibilities in cryptocurrency

· How your business can enter the Web 3.0 space

· As a bonus, Jo shares her own journey as a solopreneur, and explains why timing is important when it comes to scaling your business

This episode is filled with so many potential launch points for your business. If wonder if you are ready to capitalize on the opportunities, contact me to talk about an assessment of your business.

Attorney JoAnn Holmes, Esq. (“Jo") practices in the areas of intellectual property licensing and digital assets law - including NFTs, DAOs, the metaverse, cryptocurrencies, and blockchain tech. She helps innovative brands and content creators develop smart Web strategy, monetize IP, and negotiate successful deals. Over her 20+ year career, Jo has closed profitable contracts with respected brands like Disney, Microsoft, and the NFL. She oversees IP portfolios spanning 125+ countries, and has managed intangible assets generating over $2 billion in annual revenue. Clients have remarked: “Jo is a top notch professional who brings a wealth of experience. She knows business.” Jo's work includes one-time consultations with IP and digital asset clients to establish a sound legal foundation. She also provides recurring advisory services for evolving projects. And, she acts as Outside General Counsel for select, IP and Web3 focused companies.

Connect with JoAnn:

http://www.holmesatlaw.com

http://www.linkedin.com/in/joannholmes/

https://twitter.com/holmesatlaw

To hear Jo’s interview on Biz Chix, you can find the episode here: https://bizchix.com/517-web-3-0-and-how-it-impacts-entrepreneurs-with-joann-holmes/

We would love it if you would consider supporting JoAnn’s charity of choice: https://www.care.org

Connect with Erin and find the resources mentioned in this episode at hourlytoexit.com/podcast.

Erin's LinkedIn Page: https://www.linkedin.com/in/erinaustin/

Think Beyond IP YouTube Page: https://www.youtube.com/channel/UCVztXnDYnZ83oIb-EGX9IGA/videos

Music credit: Yes She Can by Tiny Music

A Podcast Launch Bestie production

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Hourly to Exit - E93: IP Everywhere Means IP Trouble Is Everywhere
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05/14/24 • 14 min

In this episode, I used the example of a parent recording Little Johnny’s play to walk through all of the IP issues–and the trouble we can get in.

Here are 3 Key Points we cover in this episode:

1. Understanding Copyright Rules:

Most plays and their adaptations, like the ones performed in high schools, are protected by copyright laws, meaning you can't record or share them without permission.

Always check if you need permission before recording or sharing a play.

2. Music Rights Are Tricky:

When plays include music, there are extra rules about using the song itself and any recordings of it.

Make sure you have the right permissions to use all aspects of the music to avoid any legal issues.

3. Respecting Privacy and Publicity Rights:

If you record a performance, you need to have permissions not just from the performers but also from anyone who might appear in the video, including people in the audience.

Be careful when you upload videos to places like YouTube — ensure you follow their rules about sharing content you don’t own.

👉 Intellectual property might sound complex, but it's all about making sure that creators get credit for their work and that we respect their rights. Check out our episode to learn more about how this affects you and the content you share.

Connect with Erin to learn how to use intellectual property to increase your income and impact. hourlytoexit.com/podcast.

Erin's LinkedIn Page: https://www.linkedin.com/in/erinaustin/

Hourly to Exit is Sponsored By:

This week’s episode of Hourly to Exit is sponsored by the NDA Navigator. Non-disclosure agreements (NDAs) are the bedrock of protecting your business's confidential information. However, facing a constant stream of NDAs can be overwhelming, especially when time and budget constraints prevent you from seeking full legal review. That's where the NDA Navigator comes to your rescue. Designed specifically for entrepreneurs, consultants, and business owners with corporate clients, the NDA Navigator is your guide to understanding, negotiating, and implementing NDAs. Empower yourself with legal insights and practical tools when you don’t have the time or funds to invest in a full legal review. Get 20% off by using the coupon code “H2E”. You can find it at www.protectyourexpertise.com.

Think Beyond IP YouTube Page: https://www.youtube.com/channel/UCVztXnDYnZ83oIb-EGX9IGA/videos

Music credit: Yes She Can by Tiny Music

A Team Dklutr production

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In this week’s episode, I visit with Alastair McDermott, founder of The Recognized Authority. Join us as we chat about the benefits of a niche, what horizontal and vertical niching and specialization means, and why you shouldn’t be afraid of narrowing the pool of potential clients.

Find out:

  • Why being a jack of all trades isn’t helping you get more clients
  • Why referrals are dangerous
  • What you can you do for marketing instead of asking for referrals
  • How niche and specializations fit in with building a scalable and saleable business
  • How a solid workflow can help you
  • The symptoms that your business needs to specialize

Alastair McDermott is an author, consultant & coach who hosts The Recognized Authority Podcast and The Specialization Podcast. Alastair helps consultants & invisible experts to become The Recognized Authority in their field so they can have more impact and command higher fees.

Connect with Alastair at The Recognized Authority:

https://therecognizedauthority.com/podcast/

https://www.linkedin.com/in/alastairmcdermott/

https://twitter.com/WhatStrategy

https://www.youtube.com/TheRecognizedAuthority

https://www.instagram.com/RecognizedAuthority/

https://podcasts.apple.com/us/podcast/the-recognized-authority/id1552201264

https://podcasts.apple.com/us/podcast/the-specialization-podcast/id1593107395

Listen to Erin when she guested on Alastair’s podcast here: https://therecognizedauthority.com/leverage-your-expertise-with-intellectual-property/

We would love you to consider supporting Alastair’s favorite charitable organization: https://action.aclu.org/give/now

Connect with Erin and find the resources mentioned in this episode at hourlytoexit.com/podcast.

Music credit: Yes She Can by Tiny Music

A Podcast Launch Bestie production

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As I have been digging deeper into copyrights and contracts, I’ve been getting a number of questions about trademarks.

So I thought I would replay this interview with Radiance Harris, an expert in trademarks, from 2022 to answer your trademark questions!

Here are 3 key takeaways from our conversation with Radiance Harris:

  • Conduct an Intellectual Property Audit: It's important to identify all your intellectual property assets, including trademarks, copyrights, and trade secrets. By conducting an intellectual property audit, you can ensure proper protection and leverage your assets for maximum benefit.
  • Secure Your Trademarks Early: Trademarks are crucial for brand protection and exclusivity. Radiance emphasizes the importance of securing trademark protection as soon as possible. Working with a specialized trademark attorney significantly increases the chances of success in your trademark application.
  • Enforce Your Trademark Rights: Obtaining a US federal trademark registration is just the first step. As a trademark owner, it's your duty to monitor and enforce your rights. Radiance outlines various options for enforcing trademark rights, including sending cease and desist letters and pursuing legal action if necessary.

Don't miss out on this informative episode. Tune in to "Hourly to Exit" and let us know your thoughts!

More About Our Guest:

Radiance W. Harris, Esq. is an award-winning trademark attorney, bestselling author, and speaker. As the founder and managing attorney of Radiance IP Law, she helps emerging businesses protect, monetize, and grow profitable brands with trademarks. She has successfully represented startups and multinational corporations across diverse industries. Previously, she worked at one of the world’s largest law firms representing Fortune 200 brands. During her extensive career, Radiance has been widely recognized as a thought leader in the intellectual property law field. Her accolades include Maryland Rising Stars for Intellectual Property by Super Lawyers, Washington, D.C. Rising Stars for Intellectual Property by Super Lawyers, and Nation’s Best Advocates: 40 Lawyers Under 40, to name a few. She has also been featured as a legal expert in a variety of publications, including Forbes and The New York Times.

Connect with Radiance Harris:


Connect with Erin and find the resources mentioned in this episode at hourlytoexit.com/podcast.

Erin's LinkedIn Page: https://www.linkedin.com/in/erinaustin/

Think Beyond IP YouTube Page: https://www.youtube.com/channel/UCVztXnDYnZ83oIb-EGX9IGA/videos

Music credit: Yes She Can by Tiny Music

A Team Dklutr production

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I have been eagerly awaiting the release of this episode! Can I be so bold as to brag that Jessica Fearnley, of the “Seven Figure Consultant,” and I really do think alike. 😊 Jessica joined me and we got into the nitty gritty about how successful solopreneurs need to evolve to move from six figure incomes to seven. We didn’t quite finish each other’s sentences, but there was a lot of agreement between us as we covered:

  • Keeping an eye on your Revenue Model as well as your Business Model
  • How to build a team and create a Boring Department, so you can focus on your passion
  • The importance of scaling for salability even if you don’t want to sell
  • As a bonus feature, Jessica shared how she became a LinkedIn Top Voice for Entrepreneurs

There were some priceless words of wisdom from two seasoned professionals who have personal and professional experience to share, so get your pencil sharp and notepad ready for this one. If you think you are ready to take your business to the next level, contact me to learn more.

Jessica Fearnley is a business coach who helps women build seven figure consulting firms. She specializes in the transition from six to seven figures in turnover, and is an advocate for earning more by working less. Jessica has bachelor's and masters degrees from Nottingham University, and a career background in project management, business planning and business development in both the public and private sector. In December 2019 she was named as one of the LinkedIn Top Voices for Entrepreneurship and Small Business, and is passionate about closing the gender pay gap for women in consulting.

Connect with Jessica:

https://www.jessicafearnley.com/

https://www.linkedin.com/in/jessica-fearnley-47173019/

https://www.facebook.com/JessicaFearnleyBusinessConsultant

The Six Elements of a Seven Figure Business pdf: https://www.jessicafearnley.com/six-elements-of-a-seven-figure-business-jessica-fearnley/

We would love it if you would consider supporting Jessica’s charity of choice: https://baby-basics.org.uk/

Connect with Erin and find the resources mentioned in this episode at hourlytoexit.com/podcast.

Erin's LinkedIn Page: https://www.linkedin.com/in/erinaustin/

Think Beyond IP YouTube Page: https://www.youtube.com/channel/UCVztXnDYnZ83oIb-EGX9IGA/videos

Music credit: Yes She Can by Tiny Music

A Podcast Launch Bestie production

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2022 has been a special year for the Hourly to Exit podcast. Not only is it the year I started the podcast – and what a ride it’s been! – but I’ve also had some truly phenomenal guests join me in sharing wisdom about how to make an expertise-based service business scalable and saleable. Since I am on that journey myself with my own business – Think Beyond IP – the podcast has been pretty Meta. I get to ask my own questions that will hopefully resonate with my listeners.

In this Special Thanksgiving Episode, I remind listeners about the key statistics that are part of the reason why I work with women entrepreneurs – namely, that women approach wealth with a mind to give back, make change, and better the world. And my guests are good examples of just that. At the end of each episode, each guest is invited to share some information about a cause and organization that is near and dear to their heart in the area of economic justice, and we replay their responses as part of this episode.

Have a wonderful, safe Thanksgiving, and I look forward to connecting with you.

Organizations mentioned in this episode:

The Loveland Foundation: https://thelovelandfoundation.org/

Everybody Plays: https://www.everybodyplaysohio.com/

Feeding America: https://www.feedingamerica.org/

American Civil Liberties Union: https://www.aclu.org/

Electronic Frontier Foundation: https://www.eff.org/

Gender Avenger: https://www.genderavenger.com/

Lyric Stage Company of Boston: https://www.genderavenger.com/

Cornerstone Family Violence Prevention Centre: https://cornerstonenorthumberland.ca/

Kinetic Kids: https://kinetickidstx.org/

National Bail Out: https://www.nationalbailout.org/

Revolution Lancaster: https://www.revolutionlancaster.com/

Baby Basics (UK): https://baby-basics.org.uk/

Girls Inc: https://girlsinc.org/

Sustainable Economies Law Center: https://www.theselc.org/

Connect with Erin and find the resources mentioned in this episode at hourlytoexit.com/podcast.

Erin's LinkedIn Page: https://www.linkedin.com/in/erinaustin/

Think Beyond IP YouTube Page: https://www.youtube.com/channel/UCVztXnDYnZ83oIb-EGX9IGA/videos

Music credit: Yes She Can by Tiny Music

A Podcast Launch Bestie production

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Hourly to Exit - E69: From Hourly to Scalable to Saleable
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11/14/23 • 20 min

I recently had the pleasure of being interviewed by Scott Ritzheimer, host of The Secrets of the High Demand Coach Podcast. It was a rollicking fast-paced interview that I think you will really like and Scott kindly allowed me to share it here with you.

A little about Scott: He has helped start nearly 20,000 new businesses and nonprofits and, with his business partner, started and led their multimillion-dollar business through an exceptional and extended growth phase (over 10 years of double-digit growth), all before he turned 35.

Here are a few key takeaways from our conversation together:

  • The importance of owning and controlling intellectual property as a prerequisite for scaling expertise-based businesses. Whether it's a book, a course, or workshop, these assets are copyrightable and can be sold as part of the business.
  • The consequences of failing to build a business that can run without the founder.
  • Adapting to changing market forces and building multiple revenue streams is crucial in decoupling income from time.
  • While AI may be a trendy topic, I argue that it cannot replace the unique value that human expertise and personal touch bring to businesses. Thought leadership and unparalleled services are the keys to staying ahead in the market.

Overall, this episode delved into the fascinating world of building and protecting saleable assets in female-founded expertise-based businesses.

Tune in to the full episode to dive deeper into this enlightening conversation. You can find the episode on your favorite podcast platform.

#HourlyToExit #PodcastEpisode #BusinessGrowth #IPProtection #ScaleYourBusiness #ThoughtLeadership

Connect with Erin to learn how to use intellectual property to increase your income and impact. hourlytoexit.com/podcast.

Erin's LinkedIn Page: https://www.linkedin.com/in/erinaustin/

Think Beyond IP YouTube Page: https://www.youtube.com/channel/UCVztXnDYnZ83oIb-EGX9IGA/videos

Music credit: Yes She Can by Tiny Music

A Team Dklutr production

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FAQ

How many episodes does Hourly to Exit have?

Hourly to Exit currently has 101 episodes available.

What topics does Hourly to Exit cover?

The podcast is about Entrepreneurship, Podcasts, Education and Business.

What is the most popular episode on Hourly to Exit?

The episode title 'E1: Will Your Business Be Ready to Sell When You Are Ready to Exit?' is the most popular.

What is the average episode length on Hourly to Exit?

The average episode length on Hourly to Exit is 30 minutes.

How often are episodes of Hourly to Exit released?

Episodes of Hourly to Exit are typically released every 7 days.

When was the first episode of Hourly to Exit?

The first episode of Hourly to Exit was released on Feb 22, 2022.

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