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Welcome to a new episode of Business Lunch. In this episode, Ryan Deiss and I discuss the current challenges and opportunities in real estate and the contrasting landscape of business investments. Tune in to gain a deeper understanding of how market conditions are influencing investment decisions in real estate and business, and what strategies might be most effective in today's economic landscape.
Highlights:
"It's like illegal waterboarding to get approved for a loan for real estate these days."
"You're competing against a retail buyer... They just need a roof over their head."
"I am having a hard time finding real estate that makes sense to do. And I'm not having any problem at all finding business deals to do."
Timestamps:
00:00 - T Real Estate Debt and Tax Benefits
04:01 - Increased Interest Rates in Real Estate
05:02 - The New Normal in Market Pricing
06:08 - Where to Invest Today
06:58 - The Process of Securing Loans
09:23 - Business Deals in a Tight Real Estate Market
10:00 - The Long-term Viability of Real Estate Investments
12:04 - Real Estate and Beyond
CONNECT
• Ask Roland a question HERE.
RESOURCES:
• 7 Steps to Scalable workbook
• Get my book, Zero Down, FREE
To learn more about Roland Frasier 👉 https://msha.ke/rolandfrasier/
Connect with me on social:
🎵 TikTok: / rolandfrasier
📸 Instagram: / rolandfrasier
📱 Facebook: / rolandfrasierpage
💼 LinkedIn: / rolandfrasier
Subscribe to Roland Frasier 👉 / @rolandfrasierepic
Mentioned in this episode:
Get Roland's Training on Acquiring Businesses!
Discover The EXACT Strategy Roland Has Used To Found, Acquire, Scale And Sell Over Two Dozen Businesses With Sales Ranging From $3 Million To Just Under $4 Billion!
EPIC Training
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Welcome to a new episode of Business Lunch. In today’s episode, Ryan Deiss and I dive deep into some more nuances of content creation in today's digital age. We’ll talk about finding the balance between maintaining audience engagement and avoiding content fatigue. Join us for a fresh perspectives on managing your content strategy effectively without overwhelming your audience or yourself.
Highlights:
"If you're chasing everybody then you know, you're going to maybe even turn off your core audience"
"If you produce great content, then your audience will tell other people about it, and people will find you."
"The whole way that you're missed is you're there, you leave, and then you come back again at some point."
Timestamps:
00:00 - Content Creation Challenges
01:09 - The Downside of Overproduction in Content
04:26 - Discussing Creator Burnout and Audience Fatigue
07:53 - Practicality of Content Quantity vs. Quality
09:18 - Lessons from Influencers on Audience Retention
11:28 - Evaluating Target Audiences and Content Relevance
16:22 - Strategy Shifts in Content Production
20:31 - Creating Impactful Content Without the Grind
26:26 - Benefits of Intermittent Content Release
31:01 - Paid Promotion and Consistency in Content
CONNECT
• Ask Roland a question HERE.
RESOURCES:
• 7 Steps to Scalable workbook
• Get my book, Zero Down, FREE
To learn more about Roland Frasier 👉 https://msha.ke/rolandfrasier/
Connect with me on social:
🎵 TikTok: / rolandfrasier
📸 Instagram: / rolandfrasier
📱 Facebook: / rolandfrasierpage
💼 LinkedIn: / rolandfrasier
Subscribe to Roland Frasier 👉 / @rolandfrasierepic
Mentioned in this episode:
Get Roland's Training on Acquiring Businesses!
Discover The EXACT Strategy Roland Has Used To Found, Acquire, Scale And Sell Over Two Dozen Businesses With Sales Ranging From $3 Million To Just Under $4 Billion!
EPIC Training
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Saknas det avsnitt?
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Welcome to a new episode of Business Lunch. Is your social media strategy stuck on repeat? Let’s talk about why your social media strategy needs a makeover. Join Ryan Deiss and me as we dissect the latest social media trends. Forget the follower frenzy - we're going to discuss why engagement might not be the golden ticket anymore. Discover how savvy businesses are shifting gears, focusing on private interactions, and thriving in the new social media era. Learn how to adapt your strategy for success, because in this episode, we're serving up actionable tips to help you navigate the ever-changing social media world.
Highlights:
"It's fascinating, isn't it? The idea is not to try to do it yourself. Your idea is not to do it by yourself."
"So what we're seeing is that social media I think people are starting to realize that if I post and I'm a nobody nobody's gonna see it. So what's the point?"
"You ain't that good. So you're probably not going to win organically especially in a post follower world when this whole game is no longer about build followers."
Timestamps:
00:00 - The Shift in Social Media
00:47 - Welcome and Introduction
01:46 - Engagement vs. Readership
03:30 - The Misconception of Engagement
05:15 - Social Media for Web Traffic
07:28 - The Challenge of Content Creation
09:05 - Evolution of Social Platforms
10:00 - The Middle Influencer Dilemma
18:33 - The Dual Role of Social Media
26:49 - Future of Social Media Platforms
CONNECT
• Ask Roland a question HERE.
RESOURCES:
• 7 Steps to Scalable workbook
• Get my book, Zero Down, FREE
To learn more about Roland Frasier 👉 https://msha.ke/rolandfrasier/
Connect with me on social:
🎵 TikTok:
/ rolandfrasier
📸 Instagram:
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Welcome to a new episode of Business Lunch! In this episode, Ryan Deiss shares his experiences and lessons from transitioning his company to remote work. Discover the strategies that helped me and him optimize team performance in a remote setting and the critical decisions that shaped their work culture. This episode is a must-listen for anyone navigating the complexities of remote work or considering such a transition.
Highlights:
"Optimize for the team, not the individual. That's what a company has to do."
"We had to tell everybody you're no longer allowed to come back into the office unless you're coming in here for a team meeting planning purpose."
"We need to get back under the same roof occasionally because when we do, we get more work done in a couple of days than we would in a month just by being in the same room."
Timestamps:
00:00 - Remote Work Challenges
03:40 - Discussing Dell's New Work Policy
06:08 - The Efficiency of Remote Work vs. In-Person
09:09 - Digital Marketer's Shift to Remote Work
10:25 - Defining Company Policy on Remote Work
13:27 - The Transition from Hybrid to Fully Remote
15:52 - The Importance of Leadership Proximity
17:48 - Maintaining Culture in a Remote Setting
18:09 - Key Takeaways from Moving to Remote Work
CONNECT
• Ask Roland a question HERE.
RESOURCES:
• 7 Steps to Scalable workbook
• Get my book, Zero Down, FREE
To learn more about Roland Frasier 👉 https://msha.ke/rolandfrasier/
Connect with me on social:
🎵 TikTok:
/ rolandfrasier
📸 Instagram:
/ rolandfrasier
📱 Facebook:
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Welcome to a new episode of Business Lunch! In this episode, Ryan Deiss and I dive into the drama behind Birkin bags and the exploration of the lawsuit against Hermès. This episode isn't just about luxury handbags; it's about the fascinating intersection of marketing, exclusivity, and antitrust issues. This discussion will quench your thirst for knowledge about the Birkin drama. You'll learn the strategies that make brands desirable and the challenges that arise from exclusivity in today's competitive market. Don't miss this episode that unpacks a high-profile lawsuit and dissects the secrets of luxury brand success!
Highlights:
"It's not about having the bag; it's about being worthy of the bag."
"Luxury is not a product; it's a pathway."
"Exclusivity doesn't just add value; it defines it."
Timestamps:
00:00 - Introduction: The Hermès Lawsuit Overview
00:58 - Birkin Bags: Luxury or Antitrust Issue?
02:27 - Legal Insights on the Birkin Lawsuit
04:03 - Is Hermès' Strategy Anti-Competitive?
05:00 - Discussing Tying Arrangements in Luxury Sales
06:47 - Lawsuit Details: Birkin Buying Criteria
09:09 - Personal Anecdotes: Buying Birkin in Store
13:09 - The 'Birkinification' of Business Models
16:55 - Hermès' Recycled Leather Initiative in Paris
19:20 - Broader Implications for Business and Marketing
CONNECT
• Ask Roland a question HERE.
RESOURCES:
• 7 Steps to Scalable workbook
• Get my book, Zero Down, FREE
To learn more about Roland Frasier 👉 https://msha.ke/rolandfrasier/
Connect with me on social:
🎵 TikTok:
/ rolandfrasier
📸 Instagram:
/ rolandfrasier
📱 Facebook:
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Ditch the cubicle, fire up your hustle! This episode of Business Lunch serves up a sizzling recipe for entrepreneurial success. Forget dry talks about perseverance – we're diving deep into the secret sauce of passion! Join us as we unlock the power of combining your burning desire with unwavering grit. Whether you're new to the business world or a pro looking to reignite the spark, this episode is here to help you overcome hurdles, turn your passion into profit, and stay fired up even when the going gets tough. Get ready for actionable advice, inspiring stories, and a healthy dose of "you-got-this" motivation!
Highlights:
"Success is not just about what you accomplish in your life, it's about what you inspire others to do."
"Facing challenges is inevitable, but giving up is optional. It's your choice to rise and push forward."
"Passion fuels perseverance, and together they can overcome the highest of hurdles."
Timestamps:
00:05 - Introduction to Passion and Perseverance
02:15 - The Genesis of a Business Idea
04:20 - First Challenges and Overcoming Them
07:35 - The Role of Passion in Sustaining Momentum
10:50 - Strategies for Staying Motivated
13:45 - Learning from Failures
17:30 - Building a Supportive Network
22:10 - Key Milestones in Business Growth
25:40 - Advice for Young Entrepreneurs
29:55 - Looking Forward: Future Goals and Aspirations
CONNECT
• Ask Roland a question HERE.
RESOURCES:
• 7 Steps to Scalable workbook
• Get my book, Zero Down, FREE
To learn more about Roland Frasier 👉 https://msha.ke/rolandfrasier/
Connect with me on social:
🎵 TikTok:
/ rolandfrasier
📸 Instagram:
/ rolandfrasier
📱 Facebook:
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Welcome to a new epiosde of Business Lunch. In this episode, we dive deep into the entrepreneurial journey of Robin Alex, co-founder of High Level, an AI-powered all-in-one CRM platform. Discover how a childhood business enthusiast evolved into a software innovator, reshaping digital marketing for businesses. Robin shares his unique story from selling game servers to developing a platform that simplifies and enhances the way businesses interact with their customers. Tune in for inspiration, insights, and invaluable advice for both aspiring and seasoned entrepreneurs!
Highlights:
“We've taken all the different software applications that most businesses need and use, and combined them into one place to make it super easy to use."
"I always have something on the side, and I’m still going to try pursuing both. That's honestly what I did from that point on."
"If you can really help a business grow, they want you to stick around forever."
Timestamps:
00:00 - The importance of choice in career paths.
02:30 - Beginnings of Entrepreneurships
03:49 - Family and Entrepreneurship
06:23 - Work-Life Balance
07:40 - Shifting Expectations
08:05 - Crisis and Opportunity
09:58 - Transition to Corporate
12:40 - IT Consulting and Digital Marketing
15:20 - Longevity in Business Relationships
CONNECT
• Ask Roland a question HERE.
RESOURCES:
• 7 Steps to Scalable workbook
• Get my book, Zero Down, FREE
To learn more about Roland Frasier 👉 https://msha.ke/rolandfrasier/
Connect with me on social:
🎵 TikTok:
/ rolandfrasier
📸 Instagram:
/ rolandfrasier
📱 Facebook:
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Welcome to a new episode of Business Lunch. In this episode, we’ll step into the fast-paced world of business acquisitions. Learn how to strategically identify and acquire companies that will supercharge your market share, multiply your product lines, and significantly enhance your customer value. Ready to take your business to the next level? Check out these proven acquisition strategies!
Highlights:
"You'll never run out of potential acquisition targets with the right strategy. It's an evergreen process that keeps on giving!"
"Adding new products and services is one of the simplest ways to boost your lifetime customer value."
"The classic McDonald's upsell, 'Would you like fries with that?', shows the power of smart, simple marketing strategies in action."
Timestamps:
00:00 - Conquer New Markets
00:40 - Acquire Your Way to Dominance
01:10 - Supercharge Audience
01:50 - Build A-Team
02:30 - Maximize Customer Potential
03:10 - Market Intel (Amazon & Google Secrets)
04:50 - Elevate Enhance What You Sell
06:15 - Tech-Fueled Growth
07:30 - Expand Beyond Your Core
08:55 - Upselling Edge
CONNECT
• Ask Roland a question HERE.
RESOURCES:
• 7 Steps to Scalable workbook
• Get my book, Zero Down, FREE
To learn more about Roland Frasier 👉 https://msha.ke/rolandfrasier/
Connect with me on social:
🎵 TikTok:
/ rolandfrasier
📸 Instagram:
/ rolandfrasier
📱 Facebook:
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Welcome to a new episode of Business Lunch. In this episode, we talk about media assets and how owning your traffic can radically transform your business landscape. Discover how to navigate the acquisition of companies that have already captured the attention of your ideal customer profile (ICP). Learn why owning media assets, like groups, social media presence, SEO pages, and more, can lead to substantial savings and give you a competitive edge by eliminating the middleman.
Highlights:
"It's better to own than to rent, especially when it comes to traffic.”
"Owning your own media... means you get to decide who gets to see what, communicate directly with those people, and control who else gets access to those people."
"If you can acquire those products, you acquire the audience of people that likes those products or services."
Timestamps:
00:00 - Introduction to Buying Businesses and Media Assets
00:37 - Defining Media in Business Acquisitions
02:38 - The Power of Owning Media vs. Paying for Traffic
05:00 - The Concept of Z-Dollar Traffic and Media Ownership
07:13 - Exploring SEO Pages and Buyer Keywords
08:25 - The Value of Lists in Acquiring Targeted Audiences
09:22 - Intellectual Property as Media Assets
09:50 - Shows as a Platform for Zero-Dollar Traffic
10:00 - Recap and Implications of Owning Media Assets
10:24 - Identify Potential Media Assets to Acquire
CONNECT
• Ask Roland a question HERE.
RESOURCES:
• 7 Steps to Scalable workbook
• Get my book, Zero Down, FREE
To learn more about Roland Frasier 👉 https://msha.ke/rolandfrasier/
Connect with me on social:
🎵 TikTok:
/ rolandfrasier
📸 Instagram:
/ rolandfrasier
📱 Facebook:
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Welcome to a new episode of Business Lunch! In this episode, we’ll talk about the power of recurring revenue models in business. Learn how implementing auto-ship, subscriptions, and memberships can drastically reduce customer acquisition costs and significantly boost your company's profitability and attractiveness to investors. Whether you're selling physical products, services, or digital offerings, discover practical strategies to make your business more resilient and capable of sustained growth. If you've ever wondered how to secure a steady stream of income and make your business more appealing for future investments or loans, this episode is packed with insights you won't want to miss!
Highlights:
"If they can get somebody to pay more than one time for the same product or service, then they will not have a customer acquisition cost the second time or anytime after that."
"The longer that you've got recurring revenue coming in, the more valuable your company will be."
"Auto-ship can apply to anything... it's been applied to everything that you can think of; auto-ship is a wonderful thing."
Timestamps:
00:00 - Auto-Ship Benefits
00:37 - Exploring the Acquisition Wheel
03:22 - Capital and MRR
06:38 - Recurring Revenue Types
09:16 - Success with Auto-Ship
09:59 - SaaS and Memberships
10:54 - Consumables and Services
11:01 - Subscriptions Boost
12:03 - Subscription Strategy
12:34 - Recurring Revenue Wrap-Up
CONNECT
• Ask Roland a question HERE.
RESOURCES:
• 7 Steps to Scalable workbook
• Get my book, Zero Down, FREE
To learn more about Roland Frasier
https://msha.ke/rolandfrasier/
Connect with me on social:
TikTok: / rolandfrasier
Instagram: / rolandfrasier
Facebook: / rolandfrasierpage
LinkedIn: / rolandfrasier
Subscribe to Roland Frasier
/ @rolandfrasierepic
Mentioned in...
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Welcome to a new episode of Business Lunch. You ever feel stuck in a business rut? I’ll teach you how to steer your business towards a whole new horizon – by acquiring another one! Takeovers, mergers, and the strategic magic behind buying your way to the top. Whether you're a serial acquirer with a taste for expansion or a budding entrepreneur looking for your first big win, this episode's got something for you. I’ll be revealing the secrets of the Acquisition Wheel, a roadmap to spotting those golden opportunities, navigating the tricky world of market share, and ultimately, launching your company's growth into the stratosphere.
Highlights:
"I've instantly doubled my market share overnight the minute that I close that deal. That's the power of acquisitions."
"One of the easiest ways to grow very, very fast, to grow a team, is to just acquire one that already exists in another company."
"If we could get our existing customers to spend twice as much, we can double the size of our business simply with the same number of customers we've got."
Timestamps:
00:00 - Introduction to Acquisition Strategies
00:34 - Deep Dive into the Acquisition Wheel
02:20 - Doubling Market Share with Acquisitions
03:45 - Targeting Competitors for Growth
04:50 - Generating Leads Through Acquisitions
06:15 - Expanding Teams Quickly
07:30 - Enhancing Customer Value
08:45 - Mastering the Supply Chain
09:50 - Case Study: Manufacturing Success
11:00 - Strategic Acquisitions Summary
CONNECT
• Ask Roland a question HERE.
RESOURCES:
• 7 Steps to Scalable workbook
• Get my book, Zero Down, FREE
To learn more about Roland Frasier 👉 https://msha.ke/rolandfrasier/
Connect with me on social:
🎵 TikTok:
/ rolandfrasier
📸 Instagram:
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Welcome to the Business Lunch podcast. In this episode, we explore what it truly means to position yourself as an investor in the business world, regardless of the size of your bank account. In this power-packed episode, we unlock the strategies and mindsets that separate the savvy entrepreneur from the everyday business owner. We talk about how leveraging not just capital but also your unique resources, network, and skills can significantly amplify your impact and success.
Highlights:
"The truth is that most savvy investors don't bring a bunch of cash to a deal. The easiest thing you can do is bring cash to a deal. But that's also the riskiest thing you can do because your cash could be lost."
"Capital also means other resources that companies want and need... Anything that you can bring... is capital. And if you're someone who can bring those resources, that capital to a company, you are an investor."
"Working above the business is when you are no longer thinking about how do I sell the product or service... You're thinking of the business itself as your product."
Timestamps:
00:00 - You Are an Investor: Redefining Capital
01:00 - Positioning Yourself as an Attractive Investor
02:30 - Capital Beyond Cash: Resources You Can Offer
03:45 - The Power of Networking as Capital
05:00 - Building Your Investor Identity Online
06:00 - The Misconception About Wanting Cash
07:00 - The Entrepreneurial Myth: Working ON vs. IN Your Business
08:00 - The Ultimate Position: Working ABOVE the Business
09:00 - The Business as Your Product: A Shift in Perspective
11:00 - The End Goal: Building and Selling the Business
CONNECT
• Ask Roland a question HERE.
RESOURCES:
• 7 Steps to Scalable workbook
• Get my book, Zero Down, FREE
To learn more about Roland Frasier 👉 https://msha.ke/rolandfrasier/
Connect with me on social:
🎵 TikTok:
/ rolandfrasier
📸 Instagram:
-
Welcome to a new episode of Business Lunch. In this episode, we explore strategic business acquisitions and dive deep into the process of identifying, analyzing, and seizing the right opportunities. In a world teeming with potential ventures, understanding how to sift through a variety of options to find those that align with your goals is crucial. This episode unveils the importance of setting clear acquisition criteria to avoid the overwhelming of possibilities and highlights the significance of focusing on sectors and business sizes that promise the best return on investment. Whether you're a seasoned investor or stepping into the arena of acquisitions for the first time, this guide lights the path to making informed decisions that pave the way for success.
Highlights:
“Steve Jobs said, one of the worst things that you can do is to drown in opportunity. Opportunity is good, but if there's too much opportunity, it creates paralysis, overwhelm, and you end up not doing anything."
"The very first step to finding deals is to know what you're looking for. If you don't have acquisition criteria, then you'll look at everything and you might find yourself with a wide array of businesses that don't go together."
"The business value in both of these charts that I've shown you is significantly higher when the business gets bigger. That's the big takeaway there."
Timestamps:
00:00 - Overwhelmed by Opportunities
02:29 - Establishing Acquisition Criteria
04:50 - Analyzing the Best Industries for ROI
07:35 - Avoiding Heavily Regulated Industries
10:15 - The Drawbacks of Manufacturing and Wholesale
13:00 - EBITDA and SDE Explained
15:40 - Impact of Company Size on Multiples
18:25 - Professional vs. Owner-Operated Businesses
21:10 - Seller Discretionary Earnings (SDE) Insights
23:55 - The Value of Business Growth
CONNECT
• Ask Roland a question HERE.
RESOURCES:
• 7 Steps to Scalable workbook
• Get my book, Zero Down, FREE
To learn more about Roland Frasier 👉 https://msha.ke/rolandfrasier/
Connect with me on social:
🎵 TikTok:
/ rolandfrasier
📸 Instagram:
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Welcome to a new episode of Business Lunch. In this episode, I discuss leveraging economic downturns to uncover ethical profits through business acquisitions. I’ll also share my journey acquiring businesses with little to no money out of pocket. These insights will show you about leveraged buyouts, real estate ventures, and digital opportunities, inspiring you to see crisis as an opportunity.
Highlights:
"You mean that you can buy billion-dollar companies without actually having to have the billions of dollars...it's as alchemy as you ever get."
"There's always opportunity in crisis; you can go on one side and you have the opportunity, go on the other side and you've got devastation."
"I want to give you a skill that you can take anywhere in the world for the rest of your life and be able to create value out of thin air."
Timestamps:
00:00 - Introduction to Acquisitions
00:22 - Leveraged Buyouts Unveiled
05:00* - Real Estate & Business Fusion
06:32 - Opportunities in Downturns
10:00 - 40-Year Journey Overview
13:34 - Zero-Cost Acquisitions
15:00 - Portfolio Diversity
18:22 - Universal Potential
20:45 - Future Deal Connections
23:58 - Roland's Ongoing Ventures
CONNECT
• Ask Roland a question HERE.
RESOURCES:
• 7 Steps to Scalable workbook
• Get my book, Zero Down, FREE
To learn more about Roland Frasier 👉 https://msha.ke/rolandfrasier/
Connect with me on social:
🎵 TikTok:
/ rolandfrasier
📸 Instagram:
/ rolandfrasier
📱 Facebook:
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Welcome to a new episode of Business Lunch! In this episode, Ryan Deiss and I delve into the intricate dance between pursuing success and nurturing personal life. As entrepreneurs, the quest for a meaningful legacy often leads us down a path of extremes. We talk about some insights on finding equilibrium amidst the chaos of business growth, family commitments, and personal health. Whether you're scaling the heights of your career or seeking satisfaction in the simple things, this conversation offers valuable perspectives on prioritizing what truly counts.
Highlights:
"Be intentional about your seasons...that's important."
"As long as I'm remembered by the kids, I'm good. It's such an ego thing to me."
3. "Being intentional about what you're doing...you're probably going to be okay."
Timestamps:
00:00 -Weather & Life's Storms
02:22 -The Legacy Question
05:55 -Wealth vs. Health
07:20 -Entrepreneurial Extremes
09:05 -Life's Balancing Act
10:00 -Yearly Planning for Balance
14:00 -Practical Balance Tips
16:02 -Wealth's Diminishing Returns
18:08 -100 Million: A Turning Point?
20:50 -Legacy's Ephemeral Nature
CONNECT
• Ask Roland a question HERE.
RESOURCES:
• 7 Steps to Scalable workbook
• Get my book, Zero Down, FREE
To learn more about Roland Frasier 👉 https://msha.ke/rolandfrasier/
Connect with me on social:
🎵 TikTok:
/ rolandfrasier
📸 Instagram:
/ rolandfrasier
📱 Facebook:
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Welcome to a new episode of Business Lunch! In today’s episode, Ryan Deiss and I discuss the innovative concept of using the heat generated from Bitcoin mining to heat spa pools, leading to significant cost savings. We discuss the entrepreneurial mindset of turning expenses into profits, sharing real-life examples from various industries and offering practical strategies for identifying and capitalizing on hidden opportunities within businesses. Join us as we delve into the creative realm of business optimization and uncover the potential for transforming seemingly mundane expenses into lucrative ventures.
Highlights:
"But if you're going to do it, then why not at least have the byproduct of what you're doing? Create value in another way."
"The best arbitrage opportunities are combining two things that have been around but have not been combined in a unique way."
"Entrepreneurship in its purest form is creative. Simply make a list of your top expenses and brainstorm ways to self-liquidate."
Timestamps:
00:13- From Bitcoin Mining to Spa Heating
02:05- Combining Traditional Elements Creatively
03:53- Expense-to-Profit Transformations
05:40- Recognizing Waste and Byproducts in Business Operations
07:05- Learning from Big Companies' Strategies
10:00- Hidden Opportunities in Every Business
11:22- Leveraging Existing Resources for Profit Generation
15:00- The Power of Group Buys and Strategic Partnerships
17:45- Ethical Considerations in Expense Transformation
19:25- Encouragement to Explore Creative Entrepreneurship
CONNECT
• Ask Roland a question HERE.
RESOURCES:
• 7 Steps to Scalable workbook
• Get my book, Zero Down, FREE
To learn more about Roland Frasier 👉 https://msha.ke/rolandfrasier/
Connect with me on social:
🎵 TikTok:
/ rolandfrasier
📸 Instagram:
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Welcome to a new episode of Business Lunch. Join us in our laid-back discussion on the rise of friendly fraud and how businesses can defend themselves. From shockingly high statistics to practical strategies, they dissect the issue with wit and wisdom, offering insights into prevention and mitigation. Learn how to safeguard your brand reputation while maintaining a customer-centric approach in the face of evolving fraud tactics.
Highlights:
“Fraud legally requires intent. So it's kind of not like, you know, friendly negligence, but at least you don't feel... you're like, okay, those aren't bad people, you know."
"There's no substitute for just having a truly exceptional, amazing product, a truly exceptional, amazing customer experience for having a face to the product and the company so that people don't feel like it's just some nameless faceless organization."
"There are people that are out there that believe it's okay to do these things, that your communications should ideally in your brand congruency help the accidental, not ill-intentioned bad doers..."
Timestamps:
00:47 - Embracing an Unexpectedly Open Week
02:43 - Unveiling the Shocking Rise of Friendly Fraud
03:34 - Renaming Fraud: From Cowardly to 'Friendly'
07:27 - Strategies for Addressing Chargebacks
10:45 - Prioritizing Exceptional Customer Experiences
14:05 - Importance of Brand Congruency
16:31 - Winning Chargebacks: The Key Elements
19:29 - Understanding Intent in Fraud
21:23 - Fraudulent Advice on Social Media
25:34 - Ethical Behavior and Defending Your Business
CONNECT
• Ask Roland a question HERE.
RESOURCES:
• 7 Steps to Scalable workbook
• Get my book, Zero Down, FREE
To learn more about Roland Frasier 👉 https://msha.ke/rolandfrasier/
Connect with me on social:
🎵 TikTok:
/ rolandfrasier
📸 Instagram:
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Welcome to a new episode of Business Lunch, today we are discussing the evolving role of Chief Marketing Officers (CMOs) in Fortune 500 companies and beyond. From sharing stories of exquisite wine tasting to delving into the challenges facing modern marketing leaders, this conversation is both insightful and entertaining.
Highlights:
"If you're a CMO at a company right now and your primary concern is, you know, is every single campaign that leaves the company perfectly, quote unquote, on brand, you're probably gonna get fired."
"Marketing, when it is done right, understands and owns the entirety of that customer journey... It's divorced from revenue."
"The more that you will engage with that process, the more that your CEO will see that you're the one who's taking ownership of revenue."
Timestamps:
01:49 - Exquisite Wine Tasting Experience
06:27 - Evolution of C-Suite Roles: Marketing vs. Revenue
10:47 - The Impact of AI on Marketing
12:44 - The Role of CMOs in Small Companies
15:34 - Advice for Medium-Sized Business Founders
16:31 - Tips for Marketers: Getting Closer to Revenue
18:25 - Marketing and Sales Alignment Strategies
20:51 - Career Advice for Aspiring CMOs
CONNECT
• Ask Roland a question HERE.
RESOURCES:
• 7 Steps to Scalable workbook
• Get my book, Zero Down, FREE
To learn more about Roland Frasier 👉 https://msha.ke/rolandfrasier/
Connect with me on social:
🎵 TikTok:
/ rolandfrasier
📸 Instagram:
/ rolandfrasier
📱 Facebook:
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Welcome back to Business Lunch. Join us in this episode where we have a candid discussion about the realities of burnout in entrepreneurship. From identifying burnout to redirecting momentum and making tough decisions, we explore strategies for rekindling the flame of passion in your business endeavors. Plus, discover the power of taking a well-deserved break and reclaiming ownership of your professional journey.
Highlights:
"The only thing worse than being in a miserable situation is missing and pining away for the miserable situation."
"If you're burnt out on business, then I think you're kind of done... burnout is out."
"Just that [decision to take control] is enough to allow us to fall in love again with our businesses and with our work when we make it clear to ourselves that we own these companies, these companies don't own us."
Timestamps:
00:28 - Dream Vacation
02:20 - Workload Exhaustion Reflection
04:47 - Work Intensity vs. Rest Balance
07:34 - Tiredness vs. Burnout Differentiation
10:00 - Passion and Role in Business
13:16 - Business Momentum Redirection
15:36 - Options: Pivot, Exit, or Delegate
18:33 - Running Toward, Not Just Away
20:56 - Empowering Personal Prioritization
23:50 - Ownership and Passion Rediscovery
CONNECT
• Ask Roland a question HERE.
RESOURCES:
• 7 Steps to Scalable workbook
• Get my book, Zero Down, FREE
To learn more about Roland Frasier 👉 https://msha.ke/rolandfrasier/
Connect with me on social:
🎵 TikTok:
/ rolandfrasier
📸 Instagram:
/ rolandfrasier
📱 Facebook:
-
In this episode of Business Lunch, Ronald and Ryan delve into the age-old debate of whether to diversify your team or focus on business, drawing inspiration from Warren Buffett's latest shareholder letter and the challenges faced by conglomerates like LVMH. They explore the nuances of entrepreneurship and offer valuable insights for seasoned business leaders and aspiring entrepreneurs.
Highlights:
"It's fascinating that oftentimes good at the opposite of good advice is more good advice. Like, so good advice, you should diversify. Good advice, you should focus. Those are both good advice."
"Diversification is a luxury, not a right. Your ability to diversify is going to be a function of how good of a job have you done with the core business that you have today of getting it systemized and getting it scalable."
"If you're going to diversify, be sure that you are number one thinking about what are you diversifying? Are you diversifying your existing company and team, or are you diversifying your own investment portfolio?"
Timestamps
00:00 - Post-Lunch Business Banter
02:22 - Warren Buffett's Success Story
03:42 - The Paradox of Good Advice
05:03 - Challenges at LVMH: Diversification vs. Focus
06:45 - Navigating Entrepreneurial Decisions
08:28 - Transitioning Roles: Inventor to Capital Allocator
10:22 - Berkshire vs. LVMH: Different Approaches to Investing
12:12 - The Pitfalls of Diversification without Focus
14:14 - Personal vs. Organizational Diversification
15:36 - Applying Diversification Strategies
CONNECT
• Ask Roland a question HERE.
RESOURCES:
• 7 Steps to Scalable Workbook
• Get my book, Zero Down, FREE
To learn more about Roland Frasier https://msha.ke/rolandfrasier/
Connect with me on social:
TikTok: / rolandfrasier
Instagram: / rolandfrasier
Facebook: / rolandfrasierpage
LinkedIn: / rolandfrasier
Subscribe to Roland Frasier
/ @rolandfrasierepic
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