Authentic Business Adventures Podcast

Authentic Business Adventures Podcast

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Authentic Business Adventures Podcast episodes

  • The Business of Racing – Ep175
    Victoria Thomas - Kelly-Moss Road and Race
    When someone tells you that money can't buy happiness, understand that they probably are not looking in the right places.  For many people, myself included, going around a race track is a lot of fun.  The adage for racing goes, "Speed costs money.  How fast do you want to go."  Which is a very long way to say that Kelly-Moss Road and Race is in the fun business.
    But it is a business first, so they need to know how the numbers all work.  Victoria Thomas is the CFO at Kelly-Moss and she is the numbers guru.  After starting and running her own accounting firm geared towards helping businesses become profitable, she joined the crew at Kelly-Moss.
    Listen as Victoria explains all that Kelly-Moss Road and Race has done over their 30+ years and how they help build winning cars, as well as the driver's that are having so much fun in them.
    Enjoy!
    Visit Victoria at: https://www.kellymoss.com/
    [00:00:11]
    You have found Authentic Business Adventures
    [00:00:11]
    The business program that brings you the struggle stories and triumphant successes of business owners across the land.
    [00:00:10]
    My name is James Kademan,
    [00:00:13]
    and we are with Victoria Thomas
    over at Kellymoss Motorsports.
    [00:00:17]
    I'm super excited.
    [00:00:18]
    This is locally underwritten
    by the Bank of Sun Prairie.
    [00:00:21]
    And got to tell you,
    Victoria, this is amazing.
    [00:00:25]
    Not a bad place to hang out, is it?
    [00:00:26]
    I cannot look anywhere and not say, oh,
    [00:00:30]
    this is amazing. So how about we just
    start with what is Kellymoss Motorsport?
    [00:00:35]
    Sure.
    [00:00:36]
    At Kellymoss,
    we are currently campaigning 26 race cars
    [00:00:41]
    in four different series
    all over the United States.
    [00:00:44]
    Usually we include Canada,
    but not quite yet.
    [00:00:48]
    They're locked up a little bit.
    [00:00:50]
    We campaigned the cars in different
    race series for our drivers.
    [00:00:55]
    And in addition, within these walls,
    we have about 120 Porsche car built.
    [00:01:01]
    Holy, 120.
    [00:01:03]
    Holy cow.
    See, you can hear them.
    [00:01:05]
    Yeah.
    [00:01:05]
    There's action going
    on happening right this minute.
    [00:01:08]
    You know, it's funny.
    [00:01:10]
    I was thinking as I was walking
    around the parking lot.
    [00:01:12]
    I'm like, this is a fun business,
    but in the end, it's still business.
    [00:01:15]
    Yes.
    It doesn't matter how much fun it is.
    [00:01:18]
    Stuff.
    [00:01:18]
    There's still money coming in,
    money going out, employees.
    [00:01:21]
    Action happening.
    [00:01:22]
    So what do you do at Kellymoss here?
    [00:01:26]
    So I am the CFO and one
    of the owners here at Kellymoss.
    [00:01:30]
    Nice.
    My role is primarily fiscal.
    [00:01:33]
    I'm involved in all things money.
    All right.
    [00:01:36]
    Important part.
    Yeah.
    [00:01:37]
    Exactly.
    [00:01:37]
    So my husband does design and engineering,
    and he oversees the projects.
    [00:01:43]
    And so he's the one that the customers
    [00:01:45]
    love because he comes up
    with all the fun ideas.
    [00:01:48]
    Oh, nice.
    And then I send them the bills.
    [00:01:51]
    Victoria.
    Right.
    [00:01:54]
    Exactly.
    [00:01:55]
    Interesting. So how long
    have you guys been around?
    [00:01:57]
    So Kellymoss has been around since 1988.
    Wow.
    [00:02:01]
    Okay.
    [00:02:02]
    And running Porsche race
    cars that entire time.
    [00:02:06]
    And I have been with the
    company for ten years.
    [00:02:10]
    All right.
    And I primarily came in to help them.
    [00:02:15]
    I owned an accounting firm,
    and my job was to help them determine
    [00:02:18]
    the profitability of each
    of their departments.
    [00:02:20]
    All right.
    [00:02:20]
    So here at Kellymoss, we have our race
    shop where we just service race cars.
    [00:02:27]
    We have the track events where we take our
    team out and service clients on the track.
    [00:02:31]
    In addition to that, we have a body shop.
    Right.
    [00:02:34]
    And we have
    [00:02:36]
    our street shop where if you had a Camry,
    [00:02:41]
    in theory, you could get your oil changed.
    [00:02:43]
    But typically, it's not daily
    drivers that we service if you walk through.
    [00:02:47]
    So they just had wanted
    to determine the profitability.
    [00:02:50]
    And it was a mutual love affair.
    [00:02:52]
    And here I am, ten years later.
    Nice.
    [00:02:55]
    All right.
    So did you determine is race more
    [00:02:58]
    profitable or body or
    the Camry oil changes?
    [00:03:01]
    I would guess not so much.
    [00:03:04]
    Actually, the street shop is
    great in terms of just speaking
    [00:03:08]
    to the business owners that are out there
    [00:03:11]
    oftentimes, what you find is the stuff
    that you might be less excited about.
    [00:03:18]
    People in theory, would enjoy the racing
    [00:03:20]
    and the huge multi
    million dollar projects.
    [00:03:23]
    Our street shop is our steady cash flow.
    Week over week.
    [00:03:27]
    Our project builds happen.
    [00:03:29]
    The billings happen once a month,
    so they're great for my cash flow.
    [00:03:33]
    I'm a big fan of our street shop,
    [00:03:35]
    and we've got a great guy, Patrick,
    now running it doing a fantastic job.
    [00:03:39]
    So my determination, actually was that our
    track events were at best, break even.
    [00:03:48]
    But everybody loved the Association with
    the company because we were Champions.
    [00:03:52]
    All right.
    [00:03:55]
    We have worked now into a model where we
    are making profit on our track event.
    [00:04:00]
    But originally, it was
    your typical loss leader.
    [00:04:05]
    So essentially,
    more for marketing or branding.
    [00:04:07]
    Yeah.
    [00:04:08]
    And it was why people knew us
    and why people fell in love with us.
    [00:04:11]
    And let's be honest,
    if we take a car out to the racetrack,
    [00:04:14]
    there's a pretty good chance that there's
    going to be some damage that needs to be
    [00:04:17]
    repaired, which will feed into some
    of our other departments.
    [00:04:20]
    Got you, fair.
    [00:04:22]
    I want to talk about employees because
    [00:04:25]
    with any business, employees
    are going to come into play.
    [00:04:28]
    And with something like this,
    [00:04:29]
    you're talking high end cars, talking
    racing where a tiny mistake can be
    [00:04:35]
    make a very bad day.
    [00:04:37]
    So how do you find employees?
    [00:04:38]
    How do you train employees?
    [00:04:39]
    Just walk us through that whole thing.
    [00:04:41]
    So we have 60 employees that dwell here
    in this building, and then we have another
    [00:04:46]
    30 sub contracted employees
    that meet us at the racetrack.
    [00:04:50]
    So 90 altogether.
    [00:04:51]
    And we bring in talent
    from all over the world.
    [00:04:54]
    Really? We do.
    [00:04:56]
    Our job is to be the best of the best,
    and we need to employ the best people.
    [00:05:01]
    So really often we're talking about word
    [00:05:04]
    of mouth referrals have to have
    an incredible amount of experience.
    [00:05:08]
    You have to be very level headed.
    [00:05:10]
    You have to be incredibly meticulous,
    and you have to fit into this culture.
    [00:05:15]
    So we are very intense and at the same
    [00:05:19]
    time, sort of casual in terms
    of we're kind of a big family here.
    [00:05:25]
    And the culture is
    something that we protect.
    [00:05:28]
    Absolutely.
    So you have to be able to fit in.
    [00:05:31]
    I love that you mentioned culture because
    [00:05:34]
    I didn't realize when I first started
    my business that that was a thing.
    [00:05:37]
    And then as employees came on,
    I learned that if you don't culture,
    [00:05:43]
    your culture, essentially culture is going
    to exist of some kind or another,
    [00:05:47]
    probably more than the negative if
    you don't do anything about it.
    [00:05:49]
    Yeah.
    Absolutely.
    [00:05:50]
    So that's cool.
    That's very impressive.
    [00:05:52]
    And the culture thing is sort of a long
    [00:05:55]
    term vision that you need to instill
    because it's really easy,
    [00:06:00]
    particularly when you're growing
    to just throw a body at a position.
    [00:06:04]
    Definitely.
    And it's just short sighted.
    [00:06:08]
    You really need to as the leaders of the
    company, our job is to find the best fit.
    [00:06:14]
    And my job is to support
    all the staff here.
    [00:06:18]
    I want them to be happy I
    want them to be productive.
    [00:06:21]
    If we take care of them,
    they'll take care of the clients.
    [00:06:25]
    That sounds awesome.
    Yeah.
    [00:06:27]
    That sounds cool.
    [00:06:28]
    Actually, I wonder,
    do you find a lot of local talent,
    [00:06:31]
    or do you have to go and try to get people
    to move across the country or the world?
    [00:06:35]
    Yeah. Across the country or the world?
    Exactly.
    [00:06:37]
    That because I imagine there's only so
    [00:06:39]
    many technicians that know how
    to work on a Porsche transmission.
    [00:06:43]
    Correct.
    I mean, we were the very first team
    [00:06:45]
    that had our hands on the nine nine, twos
    when they rolled into the United States.
    [00:06:50]
    So we have to have people that have a deep
    [00:06:52]
    understanding because we race
    Wisconsin seems like an odd place
    [00:06:58]
    for a race team that's going all
    over the United States and Canada.
    [00:07:02]
    But quite honestly, when you look at where
    [00:07:04]
    the tracks all are,
    we're fairly centrally located.
    [00:07:06]
    So a lot of our team lives in other parts
    of the country and just fly to the event.
    [00:07:10]
    Oh, nice.
    [00:07:12]
    We've been Rhode, America.
    I don't know.
    [00:07:14]
    Hour and a half
    [00:07:18]
    farms.
    Are you guys on there?
    [00:07:19]
    We do a little testing there.
    [00:07:20]
    Okay. And then do you go to Indianapolis?
    [00:07:22]
    I imagine we do.
    [00:07:24]
    And Sebring, Florida, Laguna,
    California, mid Ohio.
    ...
    48 min
  • How To Build Your Window Tint Business – Ep174
    Pam and Paul - Tintwork
    Pam and Paul of Tintwork are automotive window tint experts.  They also happen to be marketing and software experts as well.  This is a great combination, since many people that want to start window tinting companies are struggling with brining in clients.
    So what is an automotive window tint entrepreneur supposed to do in order to bring business in the door, or even on-site?
    Enter Tintwork.  With Tintwork, jobs come to the entrepreneur without lifting a finger.  They just need to do what they do best.
    Listen as Pam and Paul explain the automotive window tinting industry and what it takes to be successful.
    Enjoy!
    Visit Pam and Paul at: TintWork.com
    [00:00:03]
    You have found
    Authentic Business Adventures,
    [00:00:05]
    the business program that brings you
    the struggles stories and triumphant
    [00:00:08]
    successes of business
    owners across the land.
    [00:00:11]
    Past episodes
    of the Authentic Business Adventures
    [00:00:13]
    podcast can be found on the podcast link
    found at drawincustomers.com.
    [00:00:17]
    We're locally underwritten
    by the Bank of Sun Prairie.
    [00:00:20]
    My name is James Kademan, entrepreneur,
    [00:00:22]
    author, speaker and helpful coach to small
    business owners across the country.
    [00:00:26]
    Today we're welcoming/preparing
    [00:00:28]
    to learn from Pam and Paul Alix
    at Tintwork over in California.
    [00:00:33]
    So Pam and Paul, how are
    you guys doing today?
    [00:00:36]
    Good, great.
    Thanks for having us.
    [00:00:39]
    Thank you.
    [00:00:39]
    I'm excited, I met you guys at this auto
    glass trade show where windshields and tint
    [00:00:45]
    were just flying around like mad.
    Yeah.
    [00:00:50]
    So you guys have a tint business
    [00:00:52]
    in California, which I imagine has to be
    a hotbed for people interested in tinting
    [00:00:57]
    their windows to keep the sun out and the,
    I suppose, the prying eyes out.
    [00:01:01]
    Oh, yeah.
    Yeah.
    [00:01:02]
    It's a very busy industry out here.
    [00:01:05]
    We can never get enough help.
    [00:01:07]
    You know, there's never enough
    tinters to beat the demand out here.
    [00:01:10]
    Yeah.
    So is tinting, tinting windows
    [00:01:14]
    is it a relatively new thing like
    [00:01:16]
    in the past decade or two, or has
    that been going on since..
    [00:01:22]
    I've been tinting for 33
    years already.
    [00:01:24]
    Have you really? I've been tinting forever.
    [00:01:27]
    So, tinting been around a long time.
    [00:01:29]
    Every time they produce new cars,
    every time they have cars with no tint I
    [00:01:33]
    mean is it'll never run out unless we
    just get rid of all the cars.
    [00:01:38]
    I don't see it happening to soon.
    That isn't going no where no time soon.
    [00:01:41]
    We not going back to buggies, no.
    [00:01:44]
    Horses are too grumpy in the teleportation
    thing I'm working on.
    [00:01:48]
    It's not going to happen.
    [00:01:50]
    Yeah, interesting.
    Interesting.
    [00:01:52]
    So tell me, when did you guys
    start this business. Tintwork?
    [00:01:56]
    Well, we've had several different
    [00:01:59]
    businesses, so. Oh really? Ok. Yeah, so Tintwork started about three years ago. Ok.
    [00:02:05]
    And it's it's an app and the Tintwork is
    a network of professional window tint
    [00:02:10]
    installers that all share
    work with each other.
    [00:02:13]
    Oh, very cool.
    So, that spawned from our individual
    [00:02:18]
    tint businesses because Paul's
    been doing it forever.
    [00:02:21]
    All right.
    So we have Tint LA and Add Outlook,
    [00:02:24]
    Window Tinting Services,
    Santa Clarita Window Tinting.
    [00:02:27]
    We even have Tint Vegas.
    [00:02:28]
    So we have all these locations
    of mobile window tinting.
    [00:02:32]
    And it got to the point where we're like,
    wow, we need help, you know?
    [00:02:35]
    All right.
    Like, let's start an app.
    [00:02:37]
    And I'm like, well,
    I don't think anybody's going to download
    [00:02:40]
    an app just to, like,
    get their car tinted and then not use
    [00:02:44]
    the app for three years, you know,
    I mean, until they change it.
    [00:02:46]
    I said, but if we do kind of like Uber
    for the window tinting industry, now,
    [00:02:52]
    you're on to something, you know,
    so we just started bouncing ideas off of each other.
    [00:02:57]
    We're like, you know, we get so much work,
    there doesn't need to be any competition.
    [00:03:02]
    Why don't we just share
    the work with each other?
    [00:03:04]
    Because some days our friends were crazy
    busy and we were dead and vice versa.
    [00:03:08]
    Other days were like turning
    down customers left and right.
    [00:03:11]
    And, you know, somebody is like,
    I was dead yesterday.
    [00:03:14]
    But the thing is,
    you have to change the mindset of old, oh,
    [00:03:18]
    guys, that's in the window tinting
    business, you know.
    [00:03:20]
    You know, they had a shop.
    [00:03:21]
    They won't if they don't get
    the work they don't want to send it no where else.
    [00:03:24]
    Sure. You got so so we just
    trying to bring new technology
    [00:03:30]
    in and starting off in California.
    [00:03:33]
    Then we hit Vegas and we trying
    to franchise around the United States,
    [00:03:38]
    but with the mindset of making money
    without you even doing the work.
    [00:03:44]
    And so so we're we're in a slow process.
    [00:03:47]
    But so far we've been
    successful out of here.
    [00:03:52]
    Yeah.
    Out in L.A. So this is doing really well.
    [00:03:55]
    So you so how many tint shops did you have
    or do you have right now?
    [00:04:02]
    Well, we have we have like we have
    like satellite locations now.
    [00:04:06]
    We had a tint shop.
    [00:04:08]
    A physical tint shop.
    Yeah.
    [00:04:09]
    In El Monte.
    But the thing what happened,
    [00:04:11]
    people start calling and saying,
    can you come to my house?
    [00:04:14]
    Can you come can you come to my job?
    [00:04:16]
    Can you come to my office?
    Like wait a minute here.
    [00:04:18]
    We wasted money at the shop.
    [00:04:20]
    The shop is good
    [00:04:22]
    because you can you can you can monitor,
    you know, the dust and everything.
    [00:04:27]
    But we have a technique.
    [00:04:29]
    I have a technique because I'm
    a professional mobile window tinter
    [00:04:32]
    that you can use and still
    have the same quality work.
    [00:04:36]
    And that's that's that's my goal is
    [00:04:39]
    to teach tinters how to have the same
    quality work as you do in a shop.
    [00:04:43]
    All right.
    It's the way to do that.
    [00:04:46]
    OK. You see, you can create you
    can create the car itself as a shop.
    [00:04:50]
    All right, so so that's that's
    that's what we try to do.
    [00:04:54]
    We try to get to right now.
    We'll be there soon.
    [00:04:57]
    All right.
    It's interesting because I live
    [00:04:59]
    in Wisconsin where weather's a little
    bit different in California.
    [00:05:03]
    Yeah.
    Eleven and a half months out of the year,
    [00:05:06]
    there's about a two week period
    where we're like, this is nice.
    [00:05:10]
    Yeah.
    [00:05:12]
    Seasons, winter seasons.
    [00:05:14]
    And then reality kicks
    in and it's thirty below.
    [00:05:16]
    And you don't want to be tinting outside.
    No, not at all.
    [00:05:18]
    You don't want to be doing anything
    outside. You can, but you know you can.
    [00:05:22]
    in that kind of weather
    cut the heat on in a car.
    [00:05:24]
    You can cut.
    Yeah.
    [00:05:26]
    You can cut the heat on in the car and
    it's a technique
    [00:05:28]
    you can use just tinting inside the car.
    [00:05:30]
    You don't have to really get out the car.
    Wow.
    [00:05:33]
    OK, that's that has skill. Other than when
    [00:05:36]
    you just shrink in the back window,
    but everything else can be in the car.
    [00:05:39]
    And that's what I figured
    out by doing trucks.
    [00:05:42]
    I can take a roll of film, get in now,
    cut the heat off and I could hit the whole
    [00:05:46]
    truck along as everyone
    to flatten and get out.
    [00:05:48]
    And the one is done.
    All done is done.
    [00:05:50]
    Well, you have to do stuff to be
    able to know it can happen.
    [00:05:56]
    They they they stuck in a certain pattern
    so they don't try that different.
    [00:06:01]
    We would never have the California roll.
    [00:06:04]
    We wouldn't have Absaroka roll
    back window to shrink it down.
    [00:06:06]
    If somebody's going to try
    [00:06:09]
    to cut into strips
    first for a back window.
    [00:06:12]
    Oh, I remember.
    [00:06:13]
    Those are the purple
    in the bubbles.
    [00:06:15]
    Exactly.
    [00:06:16]
    So so if somebody says wait a minute
    let me try to shrink this
    [00:06:19]
    in here and it worked
    and they molded and it works.
    [00:06:22]
    So you have to continue on being innovative.
    [00:06:26]
    All right.
    Oh yeah.
    [00:06:27]
    Paul's fearless.
    Yeah.
    [00:06:29]
    This is also tried, but I thought if I
    mess up a car, I just pay for a customer.
    [00:06:34]
    You go
    [00:06:36]
    get the back with a break the back one.
    [00:06:38]
    OK, I'll get a new one back one, you know,
    because I got the money to do it right.
    [00:06:41]
    But I can understand people who don't have
    [00:06:43]
    the money to actually experiment,
    you know, but I imagine that's rare.
    [00:06:47]
    Breaking a window when
    you're tenten though.
    [00:06:49]
    You well you can't do it.
    You can't do it.
    [00:06:51]
    I have to do it.
    Before I broke up I broke the window on a.
    [00:06:56]
    On a BMW in a one at a time
    when I was heating it up.
    [00:06:59]
    Oh, God, it is.
    [00:07:02]
    It's broken.
    Come on.
    [00:07:04]
    Oh, no.
    [00:07:06]
    That's the same temperature.
    [00:07:07]
    Do you want me?
    [00:07:10]
    I said, don't worry, Carmen.
    [00:07:11]
    Last guy, he came to put it in.
    [00:07:13]
    I took care of the customer,
    [00:07:14]
    gave a customer some extra
    and the customers was happy.
    [00:07:16]
    Yeah.
    All right.
    [00:07:18]
    ...
    48 min
  • How To Build Your Construction Business – Ep173
    Adam Frydenlund - AF Construction
    The challenges of starting any business can be tough.  Starting a construction or remodeling company adds it's own challenges.  From needing the skills with the hammer as well as the skills to give quotes and estimates accurately can make the barrier to entry a little taller.  At least, if you want to make money doing it.
    Add in the challenges with labor, the hidden places behind walls that make your estimate a little low and the customers that are not fans of doing dishes in their bathtub while their cabinets are on backorder.
    Listen as Adam details his story from just starting out to building his remodeling and construction business.
    Enjoy!
    Visit Adam at: https://www.afconstructionllc.com/
    [00:00:06]
    You have found authentic
    [00:00:08]
    Business Adventures business program
    that brings you the struggle stories
    [00:00:11]
    and triumphs and successes of business owners
    [00:00:13]
    across the land.
    My name is James Kademan, entrepreneur,
    [00:00:16]
    author, speaker and helpful coach to small
    business owners across the country.
    [00:00:20]
    We are underwritten locally
    by the Bank of Sun Prairie.
    [00:00:22]
    And today I'm excited because we have Adam
    [00:00:25]
    from AF Construction,
    and Adam is going to tell us about all
    [00:00:28]
    the fun that happens when you start
    build and grow a construction company.
    [00:00:32]
    Adam, how are you doing today?
    I'm good.
    [00:00:34]
    Thanks.
    So let's start out with the beginning.
    [00:00:36]
    Here.
    [00:00:36]
    How long has AF construction been
    around? Since 2005. 2005?
    [00:00:41]
    Okay.
    So you've seen some stuff.
    [00:00:43]
    All right.
    [00:00:43]
    That means 2008, that whole crash where
    a lot of companies didn't make it.
    [00:00:48]
    I guess as far as that goes.
    [00:00:50]
    Yeah, I was pretty small at that point,
    [00:00:53]
    so it was a little bit easier
    to navigate through that mess.
    [00:00:57]
    All right.
    [00:00:58]
    Being in Madison area, it kind of
    protected in like a bubble.
    [00:01:04]
    It didn't really impact
    right away of that debacle.
    [00:01:14]
    It didn't really put too
    much pressure on us.
    [00:01:17]
    But we noticed if you were specific
    [00:01:20]
    in what trade you were in,
    you would be more affected.
    [00:01:24]
    So that allowed me to just become
    a little bit more versatile.
    [00:01:29]
    Okay.
    And do more things.
    [00:01:32]
    And if I didn't know it,
    I was willing to learn how to do it.
    [00:01:36]
    Fair.
    Totally fair.
    [00:01:37]
    So prior to you starting your business,
    what were you doing before?
    [00:01:42]
    So I grew up in the trades with
    my dad, and we did flooring.
    [00:01:49]
    So I grew up doing flooring
    with him for many years.
    [00:01:52]
    Okay.
    Carpet, wood, tile?
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    Everything.
    [00:01:56]
    So we would go in and do that.
    [00:01:58]
    And then after high school,
    [00:02:00]
    I started getting a little bit more
    anxious and wanting to learn more.
    [00:02:05]
    So I kind of
    switched from working with my dad and went
    [00:02:11]
    to work for a remodeling
    company for about five years.
    [00:02:14]
    And that's where I learned the bulk
    of my remodeling skills. Gotcha
    [00:02:18]
    okay.
    And at what point did you decide -
    [00:02:20]
    hey, I'm going to go off on my own
    versus continuing to be an employee.
    [00:02:24]
    Well, being that I was self employed
    for flooring, it was a lot easier for me
    [00:02:29]
    to make an income,
    whereas when I went to work for somebody
    [00:02:33]
    else, I was kind of at their
    price line, price point.
    [00:02:40]
    I knew where I was,
    and I actually came down a little bit
    [00:02:45]
    in wages and then just tried
    to make it work, and it gets tough.
    [00:02:49]
    So I had to make a change.
    [00:02:52]
    I wanted to go back to school.
    Okay.
    [00:02:54]
    For construction? For real estate.
    Okay.
    [00:02:57]
    So I went back to school for real estate,
    and I tried to go full time.
    [00:03:00]
    But when you're full time,
    you can't really pay bills.
    [00:03:04]
    No, not unless you sell something.
    [00:03:06]
    So then it kind of put the College back
    on the back burner for a little bit.
    [00:03:12]
    And then
    [00:03:13]
    I just decided to go off on my own.
    [00:03:17]
    I knew enough and started with one client.
    All right.
    [00:03:21]
    So when you started AF construction,
    [00:03:24]
    were you married at the time?
    No.
    [00:03:26]
    Okay. So were you dating your wife now?
    No.
    [00:03:29]
    Okay.
    [00:03:30]
    Well, that makes it easy, so you
    didn't say, "hey, funny story.
    [00:03:33]
    I quit my job," or anything.
    You just did it.
    [00:03:35]
    I was able to just do it.
    [00:03:37]
    Okay. Was there any fear or challenge or
    unknowns that you were concerned with?
    [00:03:42]
    There's always fear at that point,
    I was still pretty young, so
    [00:03:47]
    if I needed to, I could go back
    to my parents' house and stay with them.
    [00:03:50]
    Oh, there you go.
    [00:03:52]
    But I always wanted to live on my own.
    [00:03:55]
    It's like freedom.
    [00:03:56]
    Hey, I don't live with my parents anymore.
    Nice.
    [00:04:00]
    So, you start your business.
    [00:04:02]
    And at what point did you start marketing
    [00:04:04]
    and how did you do it when
    you first started in 2005?
    [00:04:07]
    I never really marketed myself
    at the beginning stages of my company.
    [00:04:14]
    A lot of it,
    [00:04:15]
    well, almost 100% of it was referral base.
    Okay.
    [00:04:19]
    So friends and family, stuff like that.
    [00:04:22]
    It started off with friends and family.
    [00:04:25]
    And then from there,
    it just kind of slowly went on.
    [00:04:29]
    But I also had a big circle of people
    [00:04:31]
    that I knew from my previous
    business, where I worked.
    [00:04:36]
    And it was a big enough circle that I
    could jump in with some of those guys
    [00:04:41]
    because some of those guys did branch
    off and go back to work for themselves.
    [00:04:46]
    Okay.
    So I could go to work for them as well.
    [00:04:49]
    Gotcha.
    [00:04:49]
    And once I got a little bit more
    confident, I started reaching out to other
    [00:04:55]
    builders and kind of got into the
    framing trade for a little bit.
    [00:04:59]
    All right.
    So just offering to do the framing
    [00:05:02]
    for them so they could - Framing
    and whatever I could get my hands on.
    [00:05:05]
    Okay.
    So they could sub out to you.
    [00:05:07]
    You'd have work, and it's all good.
    Cool.
    [00:05:10]
    So when you first started your business,
    you're building it like that.
    [00:05:13]
    Was it tougher doing work for friends
    and family or other coworkers and stuff
    [00:05:18]
    like that because you had
    a relationship with them already.
    [00:05:20]
    So if there was a challenge in the job,
    [00:05:23]
    there may be a challenge in the friendship
    [00:05:25]
    or the relationship or
    something like that earlier on.
    [00:05:28]
    I never really had that problem because
    [00:05:32]
    I was pretty easy going,
    just wanted to get it done.
    [00:05:35]
    So I probably kept a lot
    of things to myself.
    [00:05:39]
    All right.
    [00:05:40]
    This job is going terrible, but
    fair now, construction.
    [00:05:45]
    From what I understand initially, like,
    you can be a guy with a van or whatever.
    [00:05:50]
    You got a hammer and some tools.
    Not a big deal.
    [00:05:52]
    But eventually you have to grow
    to the point where you got trailer,
    [00:05:56]
    you have employees, and there's
    capital that you have to spend.
    [00:06:00]
    Yes.
    So what point did you start growing where
    [00:06:02]
    you really started sticking
    money in the business?
    [00:06:05]
    Well, in business.
    [00:06:06]
    You always want to chase the money.
    [00:06:08]
    And if you want more money,
    you have to have other people help you.
    [00:06:13]
    So I would say
    [00:06:16]
    it's kind of doing that before 2005.
    [00:06:23]
    But when I went to 2005,
    [00:06:25]
    I had friends that were my age
    that were in the trades as well.
    [00:06:29]
    So I was able to bring them in,
    and that kind of helped push us into a new
    [00:06:34]
    category so that we could get bigger jobs,
    such as building complete houses.
    [00:06:39]
    Oh, nice.
    Okay.
    [00:06:40]
    Do you remember the first house you built?
    Yes.
    [00:06:44]
    All right.
    Was it in?
    [00:06:45]
    I don't know, somewhere around here?
    Yeah.
    [00:06:46]
    In the Madison area.
    [00:06:48]
    All right. And was it one that you built
    for you or one that you built for someone?
    [00:06:52]
    I built it for another builder.
    [00:06:53]
    Got you framed it.
    [00:06:56]
    That one we didn't sign.
    We just framed it.
    [00:06:58]
    Okay.
    All right.
    [00:07:00]
    I imagine that had to be a huge learning
    [00:07:01]
    experience, starting
    from scratch like that.
    [00:07:04]
    It was a little nerve wracking,
    but with a couple of other friends
    [00:07:08]
    that have been in the trades, too,
    working for other companies,
    [00:07:11]
    we're all able to bounce our
    ideas off of each other.
    [00:07:14]
    Okay.
    So that's helpful.
    [00:07:15]
    All right.
    And was there ever a time when they're
    [00:07:18]
    like, hey, Adam, you're
    doing that all wrong.
    [00:07:22]
    Everybody has their moment.
    Okay.
    [00:07:24]
    All right.
    [00:07:26]
    I've always tried to listen
    to everybody's opinion and then
    [00:07:32]
    make the final decision,
    which I think is the best.
    [00:07:35]
    Sure.
    [00:07:35]
    Because ultimately, it always
    comes down to the customer.
    [00:07:38]
    So a lot of people that work for me are
    [00:07:41]
    always thinking, like,
    yeah, I'm really picky.
    [00:07:44]
    But you kind of have to.
    [00:07:46]
    You're doing service
    for other people, right?
    [00:07:50]
    Yeah.
    [00:07:51]
    Anytime you outsource, it's got to be
    better than if you did it yourself.
    ...
    52 min
  • How To Build Your Business Sell – Ep172
    John Warrilow - Built To Sell
    Just about every business owner I have ever spoken to, when asked why they started their business, has the word 'freedom' somewhere in their answer.  Scheduling freedom, income freedom and the freedom to do what you want, when you want.
    Fast forward to the reality for many business owners and they are free to be at work as much as they can, their wallet hopes everything they need is free and they are free to do whatever they want - as long as that is going to run their business.
    Then they dream of selling this prison.
    It's tough to find buyers of self-made prisons these days.
    John Warrilow, the author of Built To Sell, has a better idea.  Build your business to the point that you are not needed, so you have the option to sell it when you wish and you can sell it for a dollar amount that makes freedom much more real.
    Listen as John details the ways to prepare your business for sale.  This is advice every business owner should hear, whether they intend to sell soon or not.
    Enjoy!
    Visit John at: https://builttosell.com/
    [00:00:05]
    You have found Authentic Business Adventures
    [00:00:03]
    The business program that brings you the
    [00:00:03]
    struggle stories and successes of business owners across the land.
    [00:00:09]
    Past episodes
    [00:00:10]
    of the Authentic Business Adventures
    podcast can be found in the podcast link at
    [00:00:13]
    drawincustomers.com
    [00:00:16]
    We are locally underwritten
    by the Bank of Sun Prairie.
    [00:00:18]
    My name is James Kademan, entrepreneur,
    [00:00:20]
    author, speaker, and helpful coach to
    small business owners across the country.
    [00:00:24]
    Today we are welcoming/preparing to learn
    from John Warrillow, who is super awesome.
    [00:00:29]
    He's the author of Built To Sell,
    which you've probably seen. Host
    [00:00:32]
    of the Built to Sell podcast, and founder
    of the Value Builder System.
    [00:00:36]
    So, John, how are you doing today?
    [00:00:38]
    I'm great. James, how are you?
    [00:00:40]
    I am excited because one I'm
    familiar with your book.
    [00:00:44]
    I have to apologize because I was not
    [00:00:46]
    familiar to your podcast
    until you reached out.
    [00:00:48]
    But the Value Builder system,
    [00:00:50]
    I just recently learned that I actually
    hired a coach that used that software.
    [00:00:56]
    That's awesome.
    It was incredible.
    [00:00:58]
    So we have a lot to talk about, I guess
    as far as that goes, sounds great.
    [00:01:01]
    So let's go back way back in time and just
    tell us, how did you end up in this whole
    [00:01:07]
    helping people sell their business
    or value their business world?
    [00:01:11]
    Yeah, it goes back a while.
    [00:01:13]
    20 years ago, I used to run a market
    research company, and I built it up to
    [00:01:18]
    maybe five or 6 million in sales,
    probably 25, 30 employees kind of thing.
    [00:01:22]
    And it was profitable.
    [00:01:24]
    We had month to month, maybe 20%
    to 30% profit margins each month.
    [00:01:28]
    So it was a good business.
    [00:01:29]
    We had great clients with Bank
    of America, Microsoft.
    [00:01:32]
    These are all clients for us.
    [00:01:34]
    And so I decided I want to sell it.
    [00:01:36]
    And I went to see a guy in Toronto.
    [00:01:39]
    And I said, what do you think it's worth?
    [00:01:41]
    Kind of rubbing my hands together,
    waiting for the number.
    [00:01:44]
    It kind of depends on the answer
    to a couple of questions.
    [00:01:49]
    He said, You're in the research business.
    So who does the research?
    [00:01:51]
    And I'm like,
    I'm involved in some of the research.
    [00:01:54]
    It's big clients.
    I can't step away.
    [00:01:55]
    And he's like, okay, who does the selling?
    [00:01:57]
    And I'm like, yeah, I'm involved.
    It's Bank of America.
    [00:02:01]
    Of course.
    I've got to do some of the selling.
    [00:02:02]
    He's like, all right,
    let me get this straight.
    [00:02:04]
    You've got a research company.
    You're doing the selling.
    [00:02:06]
    You're doing the research.
    [00:02:08]
    I could feel that the hair on the back
    [00:02:11]
    of my neck going up, and he's like,
    I can't sell your company.
    [00:02:14]
    There's nothing to sell.
    It's worthless.
    [00:02:16]
    Ouch.
    And I started to rebut him, right.
    [00:02:18]
    Like, I'm like, you got to be kidding me.
    [00:02:21]
    Like, Microsoft, Bank of America.
    [00:02:24]
    They don't care about a client list.
    [00:02:26]
    They care about a business
    that they can run without you.
    [00:02:29]
    And as long as you're in the middle,
    it's worthless to them.
    [00:02:32]
    Right.
    [00:02:33]
    And, man, I'll tell you what.
    [00:02:35]
    I left that meeting feeling
    like about this tall.
    [00:02:43]
    I left that meeting and spent two or three
    years really transforming that business.
    [00:02:48]
    We built a subscription model.
    [00:02:51]
    We hired sales people.
    [00:02:52]
    We got me out of doing a lot of the work.
    And ultimately,
    [00:02:54]
    it was acquired by a publicly traded
    New York Stock Exchange listed company.
    [00:02:57]
    So it had a happy ending.
    Okay.
    [00:02:59]
    And that really sort of started my journey
    [00:03:02]
    into helping other owners,
    who may have experienced something similar
    [00:03:06]
    where they're told, hey, their business
    isn't worth what they thought it was.
    [00:03:09]
    Or maybe they want it to be
    worth more than it is.
    [00:03:11]
    Right.
    [00:03:12]
    Kind of how to basically think about
    improving the value of your company.
    [00:03:15]
    So that's kind of what I do.
    [00:03:16]
    Very cool.
    [00:03:18]
    So once you sold your company, I imagine,
    to a company that size, you probably did.
    [00:03:23]
    Okay.
    Stepping out of that role.
    [00:03:26]
    We moved to Europe.
    [00:03:28]
    Nice.
    [00:03:30]
    Three years in a little village called
    [00:03:33]
    Exxon Provost, where we raised
    our kids and lived like Expats.
    [00:03:39]
    It was the most incredible
    time of our lives.
    [00:03:41]
    Right.
    [00:03:44]
    The thing about the school system is
    [00:03:46]
    in France is that you have six weeks on,
    two weeks off throughout the whole year.
    [00:03:50]
    Okay.
    [00:03:51]
    So they take two weeks at the end
    of October for a vacation called Tucson.
    [00:03:55]
    And then they have another two weeks
    of Christmas, two weeks in February.
    [00:03:58]
    They don't have as long a summer break.
    [00:04:00]
    But they have these many breaks.
    [00:04:01]
    And so we just made it our mission to get
    [00:04:03]
    in the car every six weeks and go
    to another part of Europe.
    [00:04:06]
    So we went to Spain and Italy and Sweden
    [00:04:09]
    and Denmark and all
    over England and Wales.
    [00:04:12]
    It's just the most incredible
    time of our lives.
    [00:04:14]
    Oh, my gosh.
    [00:04:15]
    That's awesome.
    [00:04:17]
    How old were your kids at that time?
    [00:04:19]
    Kids were young, so they were
    six and four at the time.
    [00:04:24]
    And then we were there three years.
    [00:04:25]
    So when we came back, there were
    nine and six, something like that.
    [00:04:29]
    Nine and seven.
    Yeah.
    [00:04:30]
    That's fun.
    [00:04:31]
    And I think to go back to what
    we're talking about today
    [00:04:35]
    that's I think one of the true
    [00:04:38]
    blessings of running your own company gosh
    knows there's enough problems, right?
    [00:04:44]
    Like, enough headaches.
    [00:04:45]
    But one of the great benefits is that you
    can take a step off the career ladder.
    [00:04:51]
    It's not going to work at Microsoft or
    Proctor and Gamble,
    [00:04:53]
    where you've got to get to the next rung
    on the ladder because there's a guy behind
    [00:04:57]
    you or a Gal behind you
    who wants your spot, right?
    [00:04:59]
    Unless you keep going up,
    you kind of get kicked out.
    [00:05:03]
    And if you take a pause and say,
    [00:05:05]
    I want to take a sabbatical,
    I want to leave for a year.
    [00:05:07]
    I want to leave for two years.
    [00:05:08]
    That's basic career suicide
    in Procter and gamble.
    [00:05:12]
    And yet, as an entrepreneur,
    your skills are timeless.
    [00:05:15]
    They are transferable.
    [00:05:16]
    If you can start a business in 2021,
    you can start one in 2031.
    [00:05:20]
    Like, it's the same skill set.
    [00:05:22]
    I think that's really important.
    [00:05:24]
    And it's one of the tremendous luxuries
    of being an entrepreneur is you get
    [00:05:27]
    to take a year off or two years off to go
    do something for you,
    [00:05:32]
    your skill set and your career
    trajectory doesn't have to suffer.
    [00:05:37]
    Very true.
    Yeah.
    [00:05:38]
    It's interesting.
    After I sold my first business,
    [00:05:41]
    I still had two businesses, but they were
    not nearly as involved as that first one.
    [00:05:47]
    And I took that time to write my first
    [00:05:50]
    book, which just kind
    of accidentally happened.
    [00:05:53]
    It wasn't like, hey, I'm going
    to sell my business and write a book.
    [00:05:56]
    It was just like, what do I do now?
    [00:06:00]
    I'm a young guy.
    That's one of those.
    [00:06:02]
    Like, okay, I sold the business.
    [00:06:04]
    It's not somebody else's
    blessing and cursed.
    [00:06:09]
    What am I going to do today?
    [00:06:12]
    It's the whole Midwest work
    ethic or something like that.
    [00:06:14]
    I couldn't just go to a beach.
    [00:06:17]
    I don't know if we had
    a beach to go to, but anyway,
    [00:06:21]
    we got to do something.
    Yes.
    [00:06:23]
    I was in the same boat
    when we were in Europe.
    [00:06:26]
    By the third year.
    I was kind of, like,
    [00:06:28]
    kind of getting a little bit antsy,
    like, I need to do something
    [00:06:32]
    for the book.
    [00:06:34]
    I've written the book Built to Sell.
    [00:06:36]
    And so in the back of the book we put
    [00:06:38]
    together, we said,
    Go to buildtell dot com.
    [00:06:40]
    ...
    55 min
  • How To Market Your Business Online – Ep171
    Howard Tiersky - From , The Digital Transformation Company
    Every business that is interested in growing needs to know how to market.  This includes the small businesses as well as the Fortune 500 companies.  Nothing gets done until a sale is made, and if buyers don't know you exist, it is tough to get them to buy from you.
    Howard Tiersky, author of the Wall Street Journal Bestseller, Winning Digital Customers, outlines the steps necessary to build your brand online.
    Online is where almost everyone seems to be spending a lot of their time now, so marketing online is a great move.
    Listen as Howard details his entrepreneurial journey as he worked for and now with some large companies as he started and built his digital marketing business, From.
    Enjoy!
    Visit Howard at: https://www.from.digital/
    [00:00:03]
    You have found Authentic
    Business Adventures.
    [00:00:09]
    This is the program that brings you the struggle, stories, and triumphs and successes of business owners across the land.
    [00:00:11]
    We are locally underwritten
    by the Bank of Sun Prairie.
    [00:00:14]
    My name is James Kademan, entrepreneur
    [00:00:17]
    author, speaker and helpful coach to small
    business owners across the country.
    [00:00:19]
    Today we're welcoming/preparing to learn
    [00:00:22]
    from Howard Tiersky, speaker,
    Wall Street Journal best selling author,
    [00:00:27]
    transformation consultant and CEO of
    FROM the Digital Transformation Agency.
    [00:00:32]
    So, Howard, my good man,
    how are you doing today?
    [00:00:35]
    I'm great. How are you?
    I'm doing very well.
    [00:00:37]
    I'm doing very well.
    Thank you.
    [00:00:38]
    I'm excited to speak with you,
    [00:00:40]
    because you are essentially
    a digital transformation artist,
    [00:00:43]
    it seems like in the world of business.
    [00:00:46]
    At least an engineer.
    [00:00:47]
    At least an engineer. Good
    enough, makes it sound.
    [00:00:50]
    But you're right.
    [00:00:52]
    It is part art and part science.
    There's no question.
    [00:00:55]
    Yeah.
    So let's start from the beginning.
    [00:00:58]
    How did you end up in this space? Right.
    [00:01:02]
    I don't know.
    I might have stood in the wrong line.
    [00:01:05]
    The Internet's not going away.
    No, you're right.
    [00:01:08]
    How did I end up in this space?
    [00:01:10]
    What really happened to me was
    I have a background in education
    [00:01:14]
    and my early career was in theater and
    the performing arts.
    [00:01:17]
    Oh, really?
    Okay.
    [00:01:18]
    And I was involved in graphic design,
    computer graphic design.
    [00:01:22]
    This is back in the early 90s,
    [00:01:24]
    and I was doing that in part for things I
    was doing in performing arts
    [00:01:28]
    and promotional materials
    and also in part as a day job.
    [00:01:31]
    That was sort of how I was earning
    [00:01:32]
    my living while I was also involved
    in my pursuits in the performing arts.
    [00:01:36]
    And I wound up working for a large
    [00:01:39]
    consulting firm doing graphic design work,
    initially sort of for their own internal
    [00:01:44]
    purposes: proposals and other
    marketing materials.
    [00:01:47]
    But I started then getting involved
    [00:01:50]
    in things that they were doing for clients
    and, well, fast forward to the Internet.
    [00:01:55]
    I should say I started doing digital
    "stuff" like desktop video, kiosks,
    [00:02:00]
    things like that before there was
    really a commercialized Internet.
    [00:02:04]
    So, then when that became a thing,
    I was sort of the person they were like,
    [00:02:08]
    "who in our company knows anything
    about anything like this."
    [00:02:12]
    And I was the closest person they had.
    [00:02:14]
    And it wasn't that I knew that much about
    the Internet, but it involved Photoshop.
    [00:02:19]
    So there I was there.
    [00:02:22]
    But anyway, so that was, of course,
    you're talking about '94 or something like
    [00:02:27]
    that. A long, long time
    ago in the early days.
    [00:02:29]
    But before I knew it,
    I was running around meeting with their
    [00:02:32]
    clients, large Fortune 500 companies
    talking about digital and the Internet
    [00:02:35]
    and why a big company might want
    to have a website, things like that.
    [00:02:41]
    And really, it was just kind
    of a natural progression from there.
    [00:02:43]
    I wound up really enjoying the work,
    doing that type of stuff and actually use
    [00:02:48]
    a lot of the same things that I loved
    about the performing arts,
    [00:02:51]
    storytelling and creating something
    that was visually interesting and engaging
    [00:02:55]
    with an audience and combining technology
    and creativity and things like that.
    [00:03:00]
    So leading a team.
    [00:03:01]
    So I wanted to really just
    sort of follow in that path.
    [00:03:04]
    And as you say, of course,
    [00:03:05]
    the world of digital has been a great
    place to be in terms of opportunity.
    [00:03:09]
    And I just was very fortunate.
    [00:03:11]
    I guess I jokingly said I stood
    in the wrong line, but actually
    [00:03:15]
    unwittingly was in the right
    place at the right time,
    [00:03:18]
    really.
    Because it would have been hard to have
    [00:03:20]
    intentionally architected a deal
    where you just came into a company and
    [00:03:23]
    the next thing,
    they were taking you around to their
    [00:03:25]
    biggest clients and positioning
    you as an expert.
    [00:03:27]
    And of course,
    I had to quickly become an expert.
    [00:03:29]
    But back then, it was easy to become
    [00:03:30]
    an expert because there was only
    six months of the internet.
    [00:03:33]
    So how much did you have to learn?
    [00:03:35]
    There was only so much to know,
    and then you could just grow from there.
    [00:03:39]
    Nobody necessarily knew
    that you were wrong, I suppose.
    [00:03:43]
    Right.
    Well, that's true, too.
    [00:03:45]
    As long as you know more than the other
    person, I suppose you're an expert,
    [00:03:48]
    right.
    So in the early days,
    [00:03:49]
    it was something that was just it would be
    like, maybe today think like, Blockchain.
    [00:03:54]
    If a big company is like, "okay, we've
    heard of this thing called Blockchain.
    [00:03:58]
    We honestly don't really
    know exactly what it is.
    [00:04:01]
    We've seen some examples of it.
    We know it's something to do
    [00:04:03]
    with currency, but not only that,
    but tell me more about it."
    [00:04:07]
    That's kind of where people's minds
    were back about, say, the web.
    [00:04:11]
    Back when I was starting,
    it was this sort of vague,
    [00:04:13]
    "yeah, I heard of that kind of thing."
    [00:04:15]
    So as you say, you don't need to know
    [00:04:16]
    a lot about Blockchain to be the one who
    knows the most in the room - in most rooms anyway.
    [00:04:21]
    Yeah.
    It's interesting.
    [00:04:22]
    I can remember the Internet came about
    between my senior year and freshman
    [00:04:28]
    sophomore year in college,
    and it was just this weird,
    [00:04:31]
    like, "What can you do with it?
    [00:04:34]
    Anything you want to know is
    on there, like, anything?"
    [00:04:37]
    And still we spent our time on chat
    rooms and stuff like that.
    [00:04:41]
    Funny.
    [00:04:43]
    Something like the Internet has so much
    [00:04:45]
    power and so much knowledge in there, and
    you just didn't even know where to begin.
    [00:04:51]
    You were given infinite
    intelligence, essentially.
    [00:04:53]
    And you didn't even know where to start.
    Yeah.
    [00:04:55]
    Although it was a lot
    less infinite back then.
    [00:04:57]
    Yeah, I suppose.
    [00:04:58]
    And harder to find things, really.
    [00:05:00]
    But still, you're right.
    [00:05:02]
    Of course, all of a sudden it was this.
    "Wow.
    [00:05:04]
    Imagine what we could do with this."
    [00:05:06]
    But at the same time, it wasn't
    always obvious what to do with it.
    [00:05:09]
    No, not at all.
    [00:05:11]
    When I was at Ernst & Young,
    [00:05:12]
    which is a huge consulting, accounting, tax firm,
    [00:05:15]
    and we were working on the first
    website for Ernst & Young.
    [00:05:17]
    The question is, "Well, who is going to use this?
    [00:05:20]
    What's this for?"
    [00:05:21]
    It's not the kind of company that people
    are - it's not like our clients,
    [00:05:24]
    boards of directors of large companies, are
    [00:05:26]
    going to go on to the Internet
    to look for an accounting firm.
    [00:05:29]
    So, like, why are we doing this?
    [00:05:30]
    And originally, it wasn't
    really clear who would use it.
    [00:05:34]
    In fact, we thought that maybe the first
    [00:05:36]
    group that would use it
    would be job seekers.
    [00:05:38]
    That was probably like the initial because
    [00:05:41]
    they were younger and they
    were more on the Internet.
    [00:05:43]
    They were at universities,
    much more so than our clients were.
    [00:05:46]
    I think it was years before clients were
    [00:05:48]
    really using that as a means
    of doing much of anything back then.
    [00:05:53]
    Yeah.
    It's not always obvious.
    [00:05:55]
    It's interesting.
    [00:05:57]
    I can remember having that conversation
    [00:05:58]
    with people where you tell them, hey,
    you need a website and they say,
    [00:06:02]
    "Why?" You think, well, because people
    will be on the Internet. Right.
    [00:06:08]
    "Who's going to be on the Internet?"
    [00:06:09]
    And you think, well, everybody should be.
    [00:06:12]
    But realistically who at this moment
    is? A lot of people had it through AOL.
    [00:06:18]
    Some people would have it
    at their office, but not at home.
    [00:06:21]
    Sure.
    Yeah.
    [00:06:23]
    But you can argue, on one hand,
    that's all ancient history.
    [00:06:26]
    But it's an interesting study because
    [00:06:28]
    we're in the same situation
    today in some ways.
    [00:06:31]
    Right.
    [00:06:31]
    Which is to say,
    the future always seems murky.
    [00:06:34]
    And then you have the present.
    [00:06:36]
    And it's like,...
    39 min
  • How To Make Time – Ep170
    Vivian Probst - Author, Linguist and Business Consultant
    Like most entrepreneurs, Vivian Probst is busy.  She consults for many clients on affordable housing, is a linguist with her WEnglish forms of English that works to remove the male dominance in the English language.  On top of all of that, she has written many books, some in both versions of English!
    Also like most entrepreneurs, Vivian had some challenges.  For example, Vivian explains how she was making good money and spending it faster than it was coming in.  This, of course, brought some challenges that she has since overcome and learned how to help others overcome.
    Listen as Vivian shares her entrepreneurial journey and details how she makes the time to share her gifts by writing and publishing her books, despite a busy career.
    Enjoy!
    Visit Vivian at: https://www.vivianprobst.com/
    [00:00:06]
    My name is James Kademan, entrepeneur,
    [00:00:08]
    author, speaker and helpful coach to small
    business owners across the country.
    [00:00:11]
    And today I am excited because we have
    Vivian Probst here in the studio.
    [00:00:17]
    Vivian is an author of a few books,
    as well as taking on essentially
    [00:00:21]
    the English language, as well as, consulting
    for, I want to say, low income.
    [00:00:27]
    But you get different phrase,
    affordable housing.
    [00:00:30]
    There's a lot of stuff going on.
    [00:00:31]
    So let's welcome Vivian here.
    Thank you so much.
    [00:00:34]
    It's great to be with you again.
    This is fun.
    [00:00:36]
    So I interviewed you a long time ago.
    [00:00:39]
    We were trying to figure
    out when it's been a while.
    [00:00:41]
    Yeah.
    [00:00:42]
    You let's start out with the books
    that you have going on.
    [00:00:44]
    OK, you have another one coming out.
    [00:00:46]
    You've already released one.
    Yeah.
    [00:00:47]
    Can you just tell us about the process,
    [00:00:50]
    what the books are about
    and you just take it for you?
    [00:00:52]
    Absolutely.
    [00:00:52]
    This is a five volume series I've
    been working on for 20 years.
    [00:00:56]
    And that either means, gee,
    Vivian, what's taking you so long?
    [00:01:02]
    Or I've been doing other
    things which I have.
    [00:01:05]
    I've had this consulting business
    [00:01:07]
    and we work with affordable
    housing all over the country.
    [00:01:12]
    It's just a great program.
    [00:01:14]
    So I'm a national trainer to that.
    [00:01:16]
    So that keeps me busy.
    All right.
    [00:01:19]
    This has woven itself into my life.
    [00:01:21]
    And it was just
    [00:01:23]
    20-20 was a year to celebrate the 100th
    anniversary of women's right to vote.
    [00:01:29]
    Oh, yeah, yeah, yeah.
    [00:01:30]
    So my books, I decided that year
    that this year they're coming out.
    [00:01:36]
    They're written.
    All right.
    [00:01:37]
    They're not edited.
    [00:01:39]
    I've got this one now is done.
    [00:01:40]
    And then I have the second one.
    [00:01:42]
    And I think your viewers will be able
    [00:01:43]
    to see the cover of that one
    and three more to work on.
    [00:01:46]
    And I want them out this year.
    [00:01:48]
    So, yeah, yeah, yeah.
    [00:01:49]
    So are the books fiction or nonfiction?
    [00:01:52]
    Oh, they're they're fiction.
    [00:01:54]
    OK, they're fiction except...All right.
    [00:01:57]
    That I wrote them,
    [00:01:59]
    each of them sort of showed up when
    I was dealing with a life challenge.
    [00:02:03]
    Oh.
    For instance, book one.
    [00:02:07]
    The main character who is comes
    across throughout all five, by the way,
    [00:02:12]
    there's overlay of romance, there is
    overlay of mystery. Ok. There overlays,
    [00:02:19]
    but the real reason I started writing is
    [00:02:21]
    because I was frustrated
    by what I wasn't accomplishing.
    [00:02:25]
    I mean, it sounds like, oh, Vivian,
    you have your own company and oh,
    [00:02:30]
    my goodness, you've been doing
    this all over the country and wow.
    [00:02:33]
    And but I had some real issues
    to deal with just internally.
    [00:02:37]
    Well, yeah, internally.
    [00:02:38]
    And they showed up externally.
    All right.
    [00:02:40]
    One
    [00:02:41]
    showed up because I was making a very,
    [00:02:45]
    very comfortable living, but I
    couldn't hold on to any of my money.
    [00:02:51]
    Oh, and, you know,
    I'm willing to tell the world about
    [00:02:55]
    that because writing this story
    fixed that problem for me.
    [00:02:59]
    Oh, all right.
    Oh, it started out as a dream simply.
    [00:03:04]
    You know, sometimes
    [00:03:06]
    you just beg for an answer,
    you know? And I was laying in bed one
    [00:03:10]
    night and I'm like, good grief, Vivian,
    you're making all this money
    [00:03:15]
    and look at your credit cards,
    what's going on here? So I just
    [00:03:20]
    I don't know if I said it out loud or
    what, but I kind of just said, OK,
    [00:03:23]
    whatever is going on here,
    I want to know the answer.
    [00:03:26]
    All right.
    So is this a.
    [00:03:30]
    Buying cars or fun stuff,
    or was it just just, oh, whatever,
    [00:03:34]
    it's going away or whatever
    I could think of stuff.
    [00:03:38]
    OK,
    [00:03:39]
    and clothing, OK was a big
    piece and furniture.
    [00:03:46]
    All right.
    So stuff you couldn't necessarily turn around. Jewelry.
    [00:03:49]
    And
    I just felt like I had to exemplify
    [00:03:54]
    the best of everything,
    no matter what it cost.
    [00:03:56]
    All right.
    [00:03:57]
    The need to look like I
    had really arrived, OK?
    [00:04:03]
    It was an image that I
    had I had put on myself.
    [00:04:06]
    All right.
    [00:04:06]
    So I go to bed this night and March 10th
    of 2000, so you can see this precise.
    [00:04:12]
    Yeah, it is.
    [00:04:13]
    I wrote it down because the next
    morning I woke up, I had a dream.
    [00:04:16]
    And
    [00:04:18]
    the dream is in this book,
    but it's only a piece of it.
    [00:04:21]
    All right.
    And so
    [00:04:24]
    in the dream, I'm in a dungeon,
    medieval dungeon.
    [00:04:28]
    I'm chained, which really.
    [00:04:30]
    So you can't go shopping if
    you're chained in a dungeon.
    [00:04:33]
    So, yeah.
    So so not a whole lot of online.
    [00:04:38]
    So.
    [00:04:42]
    I decided not to use myself as
    the character, so I created a character
    [00:04:46]
    who isn't me, but she just had my major
    issues and she's in this dungeon.
    [00:04:52]
    And the first character that shows up
    [00:04:56]
    is the spirit of her financial woes.
    [00:04:59]
    Oh, and he tells her,
    your issue is not with money,
    [00:05:06]
    you know.
    So what was I going to do? I woke up
    [00:05:08]
    from that and I told my husband,
    I have to know the rest of the story.
    [00:05:13]
    That's helpful.
    Sure.
    [00:05:14]
    But it doesn't get me where I want to go.
    All right.
    [00:05:17]
    So
    [00:05:19]
    I've always wanted to write and I've
    written for our industry,
    [00:05:24]
    but I've never really
    tried to invent a story like this series.
    [00:05:29]
    So I did.
    [00:05:31]
    And OK,
    [00:05:35]
    if anyone here wants to see what
    [00:05:39]
    my writing life is like and that of lots
    of other fiction writers,
    [00:05:44]
    the movie The Man Who Invented Christmas,
    OK, it's about Charles Dickens.
    [00:05:51]
    Oh.
    And how he wrote his stories.
    [00:05:55]
    And you see that the characters show up
    [00:06:00]
    and they talk and they
    tell him what to write.
    [00:06:04]
    And if he refuses,
    they get they get up and leave.
    [00:06:09]
    Oh, well, you know, I mean,
    [00:06:11]
    it's a great depiction
    of what it was like to write the series.
    [00:06:16]
    And so all I did was listen to what
    was going on, listen to the characters
    [00:06:25]
    and life wrote the story.
    All right.
    [00:06:30]
    Through me, I mean.
    [00:06:33]
    Stephen King
    [00:06:35]
    says stories pretty much right themselves,
    right, and they do, especially fiction.
    [00:06:41]
    I love fiction because you can make up
    anything and doesn't have to be true.
    [00:06:45]
    Oh, totally.
    Yeah.
    [00:06:46]
    Yeah.
    You can just do whatever you want.
    [00:06:48]
    Mm hmm.
    [00:06:49]
    And so I finished that first
    book in six weeks.
    [00:06:54]
    I was six weeks.
    Yeah.
    [00:06:55]
    Well, that's pretty cool.
    See, it's not a thick book,
    [00:06:58]
    but there were three characters
    who show up their messengers.
    [00:07:02]
    They each have a message for my main
    character, Avery, Victoria Spencer.
    [00:07:07]
    Oh, well, they have a message for her.
    [00:07:12]
    And I just went off in my mind
    a little bit because
    [00:07:17]
    because when I name the character,
    I had no idea that if you put those names
    [00:07:24]
    all together in a row,
    you get a very victorious pen, sir.
    [00:07:30]
    Wow.
    I'm a linguist, I guess.
    [00:07:32]
    And I.
    [00:07:33]
    I love English and I love
    working with English.
    [00:07:37]
    But anyway,
    [00:07:38]
    so she went on her her journey and she met
    up with these characters
    [00:07:43]
    and got her issues resolved,
    OK, which resolved my issues.
    [00:07:49]
    So it's like watching a movie.
    [00:07:52]
    If you could put
    [00:07:54]
    money in a machine and tell the machine,
    answer my questions or take care
    [00:08:01]
    of my issues in a story form,
    you know, that's fun.
    [00:08:06]
    Yeah.
    Wouldn't that just be it?
    [00:08:09]
    Mm hmm.
    So that's what happened to me.
    [00:08:11]
    So every time I went through
    five challenges over.
    [00:08:15]
    Well, I'm sure I'm sure
    there are more than that.
    [00:08:18]
    But there were five
    that turned in big ones.
    [00:08:20]
    Yeah.
    [00:08:21]
    I had one lady say, OK, are you
    done with all your issues now?
    [00:08:26]
    Are you.
    No, no, no, no.
    [00:08:28]
    But those are the ones I've written about.
    [00:08:31]
    And so I think writing stories and making
    them fiction is a really good way to get
    [00:08:39]
    through issues and not
    get bogged down in them.
    [00:08:44]
    ...
    58 min
  • Helping to Automate Industrial Workflows – Ep169
    Matt Moseman - Node U Design and Develop LLC
    Manufacturing has come a long way since the dawn of stone tools and hammers.  The machines that are building the products we all use need to be ever improving in their efficiency and quality control.  But as a manufacturing company, how do you make that happen?
    Enter Matt Moseman, owner of Node U Design.  Matt has developed sophisticated, tiny circuit boards, or nodes, that can be programmed and installed throughout the manufacturing plant to keep tolerances tight, and allow the machines to work at the optimum speeds to ensure the highest level of quality and productivity.
    Listen as Matt explains how he came up with the idea of this business, how he has grown it, and the challenges he has faced as he has worked to improve his business, as he works to improve the manufacturing industry.  One node at a time.
    Enjoy!
    Visit Matt at: https://www.nodeudesign.com/
    [00:00:02]
    You have found Authentic Business Adventures,
    this is a program that brings you
    [00:00:05]
    the struggles stories and triumphant
    successes of business owners across the land.
    [00:00:09]
    You can find us locally
    at the Sun Prairie Media Center
    [00:00:12]
    and of course, at drawincustomers.com/podcast.
    [00:00:15]
    My name is James Kademan, entrepreneur,
    [00:00:17]
    author, speaker and helpful coach to small
    business owners across the country.
    [00:00:21]
    Today we're welcoming/preparing to
    learn from Matt Moseman of Develop LLC.
    [00:00:27]
    And oh my gosh, I forgot the other one.
    [00:00:31]
    NodeUDesign, NodeUDesign.
    [00:00:32]
    I knew there was a big U in there.
    [00:00:33]
    So, Matt, how are you doing today?
    Excellent.
    [00:00:35]
    Thanks for the invite.
    I just I don't know any paper in front
    [00:00:38]
    of me I'd I to do this off memory,
    so I apologize for that.
    [00:00:40]
    Let's start with Develop LLC.
    Perfect.
    [00:00:42]
    What is Develop LCC? Develop LLC.
    [00:00:45]
    or Develop is just a product
    development and automation company.
    [00:00:48]
    All right.
    [00:00:49]
    I started off with helping people or
    businesses get their idea to market.
    [00:00:53]
    All right.
    That's really the the main vision of it.
    [00:00:55]
    So it kind of started off in one space.
    [00:00:58]
    And as businesses go,
    [00:00:59]
    it's evolved into many other. That it's
    the name of the game, man, every business
    [00:01:02]
    seems to evolve, especially
    in the past year or two.
    [00:01:04]
    Exactly.
    [00:01:05]
    So tell me, how did you get
    interested in that or even into that?
    [00:01:09]
    Because I imagine there's a lot
    [00:01:10]
    of technical skill needed and there may
    be a lot of capital as far as equipment.
    [00:01:15]
    So product development, I guess,
    [00:01:17]
    is just been a passion of mine,
    went to school for mechanical engineering
    [00:01:22]
    and then just got into the product
    space of it, I guess.
    [00:01:25]
    And that just kind of been
    what's been driving me on it.
    [00:01:28]
    But as far as capital,
    [00:01:30]
    it started off in my parents basement
    as a small little machine that.
    [00:01:34]
    All right.
    Just bought and like we were kind
    [00:01:36]
    of talking earlier, what it really started
    with was making these inconstinence devices
    [00:01:40]
    for urinary and bowel issues
    just kind of something random.
    [00:01:43]
    But that was the first client.
    How do they find you?
    [00:01:47]
    I was at just a standard dinner event and
    that was a person I sat next to.
    [00:01:53]
    They're just like, hey, do you know anyone
    that knows how to make these things?
    [00:01:56]
    Yeah, it turns out I do.
    Exactly.
    [00:01:59]
    All right. So did you have to go to school
    [00:02:01]
    for this, or is this something you
    learned just from experimentation?
    [00:02:05]
    You know, it's kind of everybody thinks
    [00:02:07]
    you need to go to school
    for a lot of these things.
    [00:02:09]
    And I'd say, yes, school,
    [00:02:11]
    I learned a lot, but a lot
    of it's been experimentation.
    [00:02:13]
    So I went for mechanical engineering
    [00:02:16]
    and then went in the industry
    for a little bit.
    [00:02:18]
    And then I was back for actually
    a masters in new product management.
    [00:02:21]
    So focusing on portfolio management
    is the way I like to look at it.
    [00:02:24]
    Ok, a lot of people manage
    a portfolio of stocks,
    [00:02:27]
    let's say, I like to look at products
    [00:02:29]
    and see how we can drive
    dollars with products.
    [00:02:32]
    All right.
    [00:02:33]
    The majority of the products that you
    take care of are, I guess, help develop,
    [00:02:37]
    are the outside clients products? Or do you
    have any of your own that you've helped
    [00:02:42]
    develop or invent,
    I suppose would be at that point?
    [00:02:44]
    Yeah, that's actually a really good
    question, because what happens
    [00:02:47]
    in the consulting space,
    it's big ups and downs.
    [00:02:50]
    So when we're working with clients,
    [00:02:53]
    obviously our internal
    projects don't get hit a lot.
    [00:02:55]
    But you hit the valleys
    and that's where NodeUDesign.
    [00:02:57]
    The other business came from.
    Is we leveraged, because we have a team.
    [00:03:01]
    And so we need projects that when we're
    [00:03:03]
    slower, we can leverage those assets,
    if you will, or that skill.
    [00:03:07]
    Nobody wants to just be sitting around waiting
    [00:03:08]
    for the next project to come in or say,
    sign the next contract.
    [00:03:11]
    So literally, we just use that team
    to help launch the next product.
    [00:03:15]
    All right.
    So when a client comes to you,
    [00:03:18]
    are they looking to build, let's say,
    something like a pen
    [00:03:21]
    or a table or is it a computer camera
    speaker or something like that?
    [00:03:26]
    Yeah.
    What we try and focus on now is products
    [00:03:29]
    that have mechanical
    and electrical in them.
    [00:03:31]
    So not just where we once started,
    [00:03:33]
    where it was just mechanical
    housings or mechanical fixtures.
    [00:03:37]
    Now we've gotten into it.
    [00:03:38]
    It needs to really have electronics
    [00:03:40]
    and need a housing around it or just based
    on having more than one set
    [00:03:44]
    of engineering, because that's the real
    value we've added to our clients.
    [00:03:47]
    Because you can do both.
    Exactly.
    [00:03:48]
    A lot of times they would have to add is
    [00:03:50]
    like the act is like the general
    for like building a house.
    [00:03:54]
    They'd have to find somebody that could
    [00:03:55]
    sub their mechanical find somebody
    that could sub their electrical,
    [00:03:58]
    somebody that could then
    do their their software.
    [00:04:01]
    They come to us and get one full product.
    Wow.
    [00:04:05]
    I imagine that's just easier when you have
    [00:04:07]
    an in-house team that can do that. Exactly.
    Because I imagine otherwise there's going
    [00:04:10]
    to be some finger pointing,
    just like when you build a house.
    [00:04:13]
    Oh yeah.
    [00:04:14]
    It's that's kind of the name of the game
    is nobody wants to take accountability.
    [00:04:17]
    So we kind of come in and say, what's
    really your your goal of this product?
    [00:04:21]
    Where do you want to go?
    And we take a lot of upfront time to lay
    [00:04:25]
    that out before we even start,
    because that's how we found that hitting
    [00:04:27]
    their goals at the fastest pace
    and under budget is really key.
    [00:04:31]
    So figuring out the project
    all with one process.
    [00:04:35]
    All right.
    Basically,
    [00:04:36]
    some people want to be very involved
    and some people want to fill out those
    [00:04:40]
    initial metrics and then
    call me when it's done.
    [00:04:43]
    All right. So when a client comes
    [00:04:45]
    to you, where are they in the process as
    far as development? Are they reaching out
    [00:04:50]
    to you to just see if it's even a viable
    product or even possible to make? Or is this
    [00:04:55]
    something where are they
    further along than that?
    [00:04:58]
    We've seen every spectrum.
    [00:05:00]
    Is this possible to make I have a patent
    [00:05:02]
    on this, I need to find somebody
    to help me prototype it.
    [00:05:05]
    All right.
    [00:05:07]
    I've gone to this other consultant or this
    [00:05:09]
    team, and I've got a prototype
    that is not at all what I dreamed of.
    [00:05:13]
    Oh, I'm off space.
    [00:05:14]
    Can you help us with that?
    [00:05:15]
    OK, or, you know, anywhere in the middle.
    [00:05:19]
    Interesting.
    All right.
    [00:05:21]
    Because I imagine talking to someone like
    you were having to build something,
    [00:05:24]
    it's probably not the cheapest
    thing in the world.
    [00:05:27]
    You don't have to talk about actual
    [00:05:28]
    dollars, but you're not doing favors
    for them where it's like
    [00:05:31]
    for 50 bucks in a beer,
    I'll do this or something like that.
    [00:05:34]
    Like there's going to be a lot involved.
    [00:05:36]
    And as far as designing and image,
    the mechanical stuff, gears, machinery,
    [00:05:39]
    knowledge is the circuit board
    stuff that looks like magic to me.
    [00:05:43]
    So I don't even know how that happens.
    [00:05:45]
    Getting the software onto those circuit
    [00:05:47]
    boards, that's even
    that's beyond Harry Potter.
    [00:05:49]
    To me, that's just.
    [00:05:52]
    Crazy to think about all that has
    [00:05:54]
    to happen and just the educated
    person that has to make it happen.
    [00:05:59]
    So someone, a client has to be fairly
    [00:06:02]
    committed to making something
    like this work? Yeah, definitely.
    [00:06:07]
    And really laying out where those costs
    [00:06:09]
    are going to be, because we want to we
    want to get our customers to market
    [00:06:13]
    at the end of the day, like,
    you know, we want to make sure that they
    [00:06:17]
    are a client, that we can help
    and help within their budget....
    54 min
  • Building An Insurance Agency – Ep168
    Robert Zabbia - Zabbia Agency
    The insurance world is an often competitive and misunderstood world.  We as drivers, homeowners, business owners and the like are essentially paying for promises we hope we do not have to ask our insurance company to keep.
    So how do you grow an insurance agency when, in order to do so, you may need to have some difficult conversations with potential clients?  Asking someone to pay you to cover them in case they smash up their car, or worse, can lead to some tough questions.
    Listen as Robert Zabbia describes how he has built his insurance empire.
    Enjoy!
    Visit Robert at: https://zabbiaagency.com/
    [00:00:06]
    You have found
    Authentic Business Adventures,
    [00:00:08]
    the business program that brings you
    the struggle
    [00:00:10]
    stories and triumphs successes
    of business owners across the land.
    [00:00:14]
    Past episodes
    of the Authentic Business Adventures
    [00:00:16]
    program can be fun on the podcast
    link at DrawInCustomers.com.
    [00:00:20]
    My name is James Kademan, entrepreneur,
    [00:00:22]
    author, speaker and helpful coach to small
    business owners across the country.
    [00:00:26]
    And today we're welcoming/
    preparing to learn from Robert Zabbia.
    [00:00:31]
    Robert has had his own insurance
    agency for looks like over 25 years.
    [00:00:36]
    Is that right, Robert?
    Yeah, I can't believe it's that long.
    [00:00:39]
    That's a long time to do anything.
    [00:00:41]
    Yeah.
    So.
    [00:00:42]
    And it looks like you.
    Do you I guess what interested me most
    [00:00:46]
    about you is that you have
    a lot of other stuff going on.
    [00:00:49]
    Yeah, too much.
    [00:00:50]
    Besides just the insurance agency.
    [00:00:52]
    So let's start.
    Let's start.
    [00:00:54]
    Twenty five years or so ago when you got
    [00:00:56]
    into the insurance business,
    is typically this not something where
    [00:01:00]
    people are 10 years old dreaming
    of being an insurance agent?
    [00:01:03]
    No, especially when your
    dad's an insurance agent
    [00:01:05]
    and he comes home cursing every day.
    [00:01:06]
    Oh, yeah that's even worse.
    [00:01:09]
    So how did you end up in this industry?
    [00:01:11]
    Well, when I graduated college,
    [00:01:13]
    I was in the automotive business
    and I graduated college.
    [00:01:16]
    So I went I stayed in the automotive
    business because I'm into cars.
    [00:01:19]
    And
    [00:01:20]
    so I was selling computer systems to auto
    [00:01:23]
    parts stores and inventory management,
    that kind of stuff.
    [00:01:27]
    And, you know, I was a senior
    guy there after five years.
    [00:01:30]
    It's one of those kind of companies,
    a nice revolving door.
    [00:01:32]
    So, yeah.
    So most most of my friends went on to work
    [00:01:35]
    for Microsoft, IBM, you know,
    all kinds of companies.
    [00:01:39]
    It was like a launching point
    for a lot a lot of people.
    [00:01:42]
    And, you know, so I was talking to my dad
    about,
    [00:01:45]
    you know, the opportunity that I was
    looking at to make a move because I've
    [00:01:48]
    been there for a while and it
    was kind of getting old.
    [00:01:51]
    And he said, well, Allstate has this new
    thing where I can sell you the agency.
    [00:01:57]
    So I never really wanted to get
    [00:01:58]
    into insurance because I didn't want
    to be an insurance agent, you know?
    [00:02:02]
    So,
    [00:02:03]
    you know, and again,
    listening to the complaints that he had,
    [00:02:06]
    you know, being a one man band,
    you know, the idea of running an agency is
    [00:02:10]
    what kind of drew me,
    drew my attention to it.
    [00:02:13]
    All right.
    So that's why I you know, I made the move.
    [00:02:17]
    I ended up going to work for him.
    [00:02:19]
    And after a year, actually,
    Allstate hired me to become my own agent.
    [00:02:24]
    So I stopped working for my dad.
    [00:02:25]
    I open up my own agency
    and eventually I bought my dad out.
    [00:02:29]
    You know, he continued to run his we ran.
    [00:02:31]
    We ran them together.
    He ran his agency.
    [00:02:34]
    I ran mine.
    And then he was ready to get out.
    [00:02:36]
    So I bought him out.
    [00:02:37]
    Wow.
    [00:02:38]
    So initially,
    not only were you in the insurance world,
    [00:02:41]
    which you were not a big fan of,
    but you also had to work with.
    [00:02:44]
    Well, for your dad.
    [00:02:46]
    Yeah, I worked my dad for a year.
    Yeah.
    [00:02:48]
    So that alone had to be a challenge.
    Yeah.
    [00:02:50]
    It was good though.
    I mean, you know, being out,
    [00:02:51]
    I think if I went right out of college
    to work for him, I think it would have
    [00:02:55]
    been different than me going out
    and being successful on my own.
    [00:02:59]
    I own my own house.
    At that point, I was doing really well.
    [00:03:03]
    Yeah.
    You know, so I think I kind of earned his
    [00:03:05]
    respect that he wasn't just you know,
    I had the marketing and sales background.
    [00:03:10]
    You know, he was an entrepreneur.
    [00:03:12]
    You owned a Coca-Cola route.
    [00:03:13]
    You know, he was yeah.
    [00:03:14]
    He he sold that and then he came
    [00:03:16]
    into Allstate, you know, so he was always,
    you know, but he was self-taught,
    [00:03:20]
    you know, he didn't he
    didn't get a college degree,
    [00:03:24]
    you know, and he just knew
    insurance really well.
    [00:03:26]
    So it was a good mix because he knew
    [00:03:28]
    the insurance side and and I
    knew sales and marketing.
    [00:03:30]
    So it was a good fit
    for us to work together.
    [00:03:33]
    And I think by being on my own,
    I kind of respected him more,
    [00:03:36]
    knowing everything that he had to do
    on his own without a formal education.
    [00:03:40]
    All right.
    Very cool.
    [00:03:42]
    So when you had your own thing
    [00:03:45]
    and I guess for a few years, it sounds
    like you guys competitors to a point?
    [00:03:48]
    No, well, we shared an office, so.
    [00:03:51]
    Yeah, so I had my own agency,
    but we shared an office.
    [00:03:53]
    I mean, he had you know,
    [00:03:55]
    when I went to work for him,
    my job was to bring in new business.
    [00:03:58]
    You know, I only worked on,
    [00:04:02]
    you know, on working on the new people
    [00:04:04]
    coming in, whereas he worked
    on his existing clients,
    [00:04:08]
    you know, in a lot of his
    business was referral.
    [00:04:10]
    You know, he was doing it
    for twenty years himself.
    [00:04:14]
    So, you know, so basically I was out
    [00:04:17]
    networking and telemarketing
    and doing all those things.
    [00:04:20]
    And he was just out writing me,
    just doing referrals.
    [00:04:23]
    So
    [00:04:26]
    so it was good.
    [00:04:27]
    And, you know, and then,
    you know, we hired staff.
    [00:04:30]
    We continue to grow,
    [00:04:33]
    you know, so we we just
    kept going on from there.
    [00:04:35]
    And so we went from basically
    it was three of us.
    [00:04:38]
    When we opened up the office,
    it was my dad, myself, and we hired
    [00:04:41]
    like an office manager,
    customer service person.
    [00:04:44]
    And now I've got thirteen
    people working here.
    [00:04:47]
    Wow.
    Yeah.
    [00:04:49]
    It's a big size for an agency.
    Yeah.
    [00:04:51]
    Yeah we yeah.
    [00:04:52]
    We grew up quick.
    That's cool.
    [00:04:54]
    And my dad had a good size agency on his
    [00:04:56]
    own and then when we merged the two
    we really
    [00:05:00]
    accelerated that.
    All right, nice.
    [00:05:02]
    So in 25 years, what has
    changed in the insurance world?
    [00:05:06]
    Oh, everything. Everything?
    [00:05:08]
    Everything, yeah. Back then,
    people would walk in,
    [00:05:11]
    they'd have their copies of their
    policies and say, hey, can you beat this?
    [00:05:15]
    You know, it was it was very much more
    personal, whereas now people are just
    [00:05:19]
    going online, getting quotes and having
    no idea of what they're doing.
    [00:05:23]
    It's so much easier for people
    to change insurance.
    [00:05:27]
    So the relationship part
    of it is much more important.
    [00:05:30]
    All right.
    Three of my people, their only job is just
    [00:05:32]
    to reach out to our current customers
    and make sure they're happy.
    [00:05:35]
    You know, three of them.
    Yeah, three of them.
    [00:05:38]
    Well, that's all they call our customers.
    [00:05:41]
    The policies come up for renewal.
    [00:05:44]
    They you know, they do all those kind
    [00:05:45]
    of things, which is not common
    in the insurance business.
    [00:05:47]
    But that's why our retention is so high,
    [00:05:51]
    because people don't know
    what their insurance is like.
    [00:05:53]
    They think it's just a matter of,
    say, 15 percent or more.
    [00:05:56]
    But it's not it's know.
    [00:05:58]
    Yeah, you say 15 percent or more
    [00:05:59]
    by cutting your coverage,
    20 percent or more.
    [00:06:03]
    That's interesting.
    [00:06:05]
    Yeah, I would say that I don't know how
    many businesses, let alone industries,
    [00:06:10]
    where follow up is a routine,
    a routine thing just to make sure.
    [00:06:14]
    Hey, are you doing OK?
    Yeah.
    [00:06:16]
    You know, I know a lot
    of it's electronic now.
    [00:06:18]
    I mean, we have the email drips that go
    [00:06:21]
    out, so it's not as much
    dialing out as it used to be.
    [00:06:24]
    So it's a lot of emails,
    [00:06:26]
    a lot of you know, even texting
    is becoming a big part of it now.
    [00:06:30]
    So we're using it.
    [00:06:31]
    We're leveraging the technology.
    [00:06:33]
    And we only call the people
    that we we feel are the highest.
    [00:06:37]
    You know, like if we see somebody rate
    goes up a high percentage,
    [00:06:40]
    we'll reach out to them because
    usually something changed.
    [00:06:42]
    So we'll reach out to see
    what changed that that drove.
    [00:06:45]
    That sometimes is just a rate increase
    and we have to work through it.
    [00:06:49]
    But rates have been pretty stable
    over the past couple of years.
    ...
    53 min
  • Connect and Profit – Ep 167
    Yakov Smart - Connect and Profit
    Marketing is a funny thing.  As business owners, we know that we need to market.  On the flip side, who has the time to really invest in doing all that we should, or need, to do in order to get our name out there?  Nevermind that most business owners just don't know where they should be marketing their business.  What is a business owner to do?
    Yakov Smart has a marketing system that just may work for businesses that can benefit from getting influencers in the LinkedIn world to do a little marketing FOR them.
    Just as Yakov jumped on this podcast to let you know he exists, you can connect and be known by other influencers that are in the circles you want to sell to.
    It almost seems to easy, right?
    Listen as Yakov explains his marketing system, the success he has personally had with it, as well as some steps for you, the entrepreneur, to take to market your business in a similar fashion.
    Enjoy!
    Visit Yakov at: ConnectAndProfit.co
    51 min
  • Gilda’s Club of Madison -Ep166
    Lannia Stenz - Gilda's Club of Madison
    A funny thing happened in 2020.  Well, not so much funny as forcibly life altering.  Especially if you run a non-profit that helps victims of cancer.
    Lannia Stenz is the CEO of Gilda's Club of Madison.  Listen as she tells us how Gilda's Club has made it through challenge after challenge, from floods to pandemics, and still come out with the strength, resolve and willingness to help cancer patients.  Lannia has some great stories about overcoming obstacles and enjoying the process.  Well, most of the process.
    Enjoy!
    Visit Lannia at: https://www.gildasclubmadison.org/
    55 min

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