Ed Chan from Wize Mentoring and Chan & Naylor
The secrets to growing your business without sacrificing your life
The secrets to growing your business without sacrificing your life with Ed Chan
About the Episode
About the Episode
Transcript
Edward Chan is a Co-Founder of Wize Mentoring and a Non-Executive Chairman at Chan & Naylor. He started Chan & Naylor from his kitchen table and grew it to 10 offices around Australia with 160 staff and 15,000 clients. He then co-founded Wize Mentoring, which is now in 47 countries, connecting over 125,000 accountants. In this episode, Ed shares his tips on how to grow your business without sacrificing your life. He and Stuart dig into the success of Chan & Naylor, what the process of expanding the company looked like and what you need to do to find yourself.
FREE Downloadable Playbook for Accountants - 3 Strategies to unlock a 20-Hour Workweek!
Episode Themes
Episode Notes
- The story of Wize Mentoring (02:00)
- Ed’s background (04:00)
- Ed’s first business and business partner (6:30)
- Dealing with overworking (7:30)
- Overcoming challenges as a business owner (9:30)
- How to be more efficient (11:30)
- The beginning of Chan & Naylor (15:00)
- Chan & Naylor’s business model (16:00)
- How to be in control of your business (19:30)
- The biggest lessons Ed has learned (23:30)
- The process of expanding business (25:30)
- Ed’s biggest success and biggest catastrophe (28:00)
- Greatest technological changes in accounting (29:30)
- Being a generalist vs. being a specialist (35:30)
- Ed’s experience of finding himself in his early career (38:00)
- Mentorship and hobbies (40:00)
- What is next for Wize Mentoring (44:00)
Episode Themes
Episode Notes
- The story of Wize Mentoring (02:00)
- Ed’s background (04:00)
- Ed’s first business and business partner (6:30)
- Dealing with overworking (7:30)
- Overcoming challenges as a business owner (9:30)
- How to be more efficient (11:30)
- The beginning of Chan & Naylor (15:00)
- Chan & Naylor’s business model (16:00)
- How to be in control of your business (19:30)
- The biggest lessons Ed has learned (23:30)
- The process of expanding business (25:30)
- Ed’s biggest success and biggest catastrophe (28:00)
- Greatest technological changes in accounting (29:30)
- Being a generalist vs. being a specialist (35:30)
- Ed’s experience of finding himself in his early career (38:00)
- Mentorship and hobbies (40:00)
- What is next for Wize Mentoring (44:00)
About the Guest
Edward Chan is a Co-Founder of Wize Mentoring and a Non-Executive Chairman at Chan & Naylor. He started Chan & Naylor from his kitchen table and grew it to 10 offices around Australia with 160 staff and 15,000 clients. He then co-founded Wize Mentoring, which is now in 47 countries, connecting over 125,000 accountants. Ed contributes at a board and strategic level to many accounting firms, helping them improve their efficiencies and run better businesses while also sitting on various steering committees at a higher educational level to help shape the educational outcomes of students.
Meet the Accounting Leaders
Seth Fineberg
Founder, Accountants Forward
#73: Bridging the gap between tech vendors and accountants
Listen Now
Alasdair McGill and Colin Munro
Co-Founder, Ashton McGill and Miconex
#72: Doing good work for good people
Listen Now
Jennie Moore
Partnerships Manager, Ignition
#71: Finding an accountant's purpose in numbers.
Listen Now
Anton Colella
CEO, Moore Global
#70: From good to great: A legacy of empowerment
