Drilling further in for a better future exit

Strategy

Given that she had little in the way of savings beyond a modest personal super fund, Chantelle Phinney concluded that the best way to find the funds needed to buy a home, pay private school fees, and maintain her family’s lifestyle was to sell her 33 per cent share in the marketing business she jointly co-founded five years earlier, and seek salaried employment. Woodley’s review of Phinney’s proposed strategy revealed that it would not only undermine her long-term wealth accumulation but also further compromise her number one priority – spending more time with her eight-year-old son.