Business Lunch

This is your seat at the table, with. Marcus Lemonis. A Lebanese-born American businessman, television personality, philanthropist, and also a politician! You’ve probably seen him on the hit TV series, ‘The Profit’. So, if you're looking for insight and encouragement on your entrepreneurial journey, you've come to the right place. This episode with Roland Frasier will deliver just that.

Lemonis shares his thoughts on post-2020 business, partnerships, working with investors, and more.

“If you’re not capable of thinking differently about people, you probably shouldn’t be a business leader” – Marcus Lemonis.

Did You Know

March is a 'Power month' for Business Lunch With Roland Frasier. Why? Because we're celebrating 250 episodes and a whole ton of downloads! So, make sure you go back and listen to our  'power episodes' with business Titans Sir Richard Branson, Arnold Schwarzenegger, and Sara Blakely.

“Don’t try to tell a fictional story about yourself to other people. Instead, be your true self, and convey that to others”. Lemonis.

Marcus Lemonis's Advice For Working With Investors And Partners

• If you’re going to partner with someone, make sure they bring capital, expertise, or contacts. Lemonis considers money to be the least important.
• Never do a 50/50 Deal.

“Either be the minority holder because you trust the other person to take the lead and believe in them, or be the majority holder who drives the business.” Lemonis 

The Three P’s To Evaluate In A Business

(And why this universal framework helps Entrepreneurs)

1. Product: You want a real-time, relevant product that adapts and changes. It needs to be driven by the market and not your emotion.
2. Process (How you develop the idea, test it, deliver it to customers, and continue to improve on it).
3. People: It’s important to remember that people work with you, not for you. Collaborative and thoughtful as a leader.

Plus, Listen For

• Why he is attracted to ‘Turnarounds’ and businesses that are ‘broken’.
• When to walk away and cut your losses (and why he sticks with people longer).
• Why he’s sometimes nicknamed ‘the Mayor’

“You can change the world more as a business leader than you can as a politician” – Marcus Lemonis.

• The fastest way to lose a client or potential acquirer of your business.
• What to expect (and accept) if you choose to work with family and friends.
• Why you must have gender and racial diversity in your business (and it’s not just to be politely correct).

And more! Thank you for listening on Apple Podcasts.

You can also find us on these platforms here. 

Enter Our Apple Giveaway

We're celebrating our listeners as we pass the 250-Episode mark. Enter To Win

Follow Marcus...

Sara Blakely took on a declining industry and ended up changing the way women dress. She is the Billionaire Founder of SPANX and was named by Time magazine on their list of the 100 most influential people in the world (2012).

Two years ago, we aired part of Roland Frasier's conversation with Sara Blakely. You can hear that here. Today, we're sharing some of the conversation that we held back: More questions that we think Entrepreneurs (and our business-minded listeners) will want to hear. Whether you're growing a successful business, dreaming up ideas, or struggling to navigate challenging times, this episode will encourage you on your Entrepreneurial journey. 

 "What he was doing was just reframing our definition of failure...The only failure for me is not trying" – Sara Blakely.

Listen For How Sara Blakely -

• Stays Motivated (and who inspired her to break through the ceiling)?

• Wrote a profound (and very specific) goal in her journal two years before she had her billion-dollar idea.

• Continues to get great ideas (by making her 5-minute commute last an hour).

"I think a lot of my next inventions and ideas in the car" – Sara Blakely.

Plus, Sara Answers...

1. How Spanx's customer acquisition channel has changed over the years.

2. Her strategy for maximizing customer lifetime value.

3. How she expanded Internationally.

4. Which Book has she gifted the most.

5. Does she ever take time off and recharge?

Today's Top Takeaway

What you don't know (in business) can turn out to be your biggest asset.

Did You Know?  

March is an extra special month for the podcast. We've also lined up the release of Roland's interviews with Sir Richard Branson, Arnold Schwarzenegger, Marcus Lemonis, and a special International Women's Day episode too.

Subscribe/Follow us on ApplePodcasts, so you don't miss it! 

And don't forget to enter to win our Apple Giveaway! Here's that link.

You can also find us on these platforms here.  

Follow Sara Blakely

On Instagram

Check out The Spanx Foundation

Follow Roland Frasier

On Facebook 

On Instagram 

Through his Website 

Follow Business Lunch Podcast

On Twitter

On YouTube

Mentioned in this episode:

Get Scalable Live - THE PREMIER EVENT FOR BUSINESS OWNERS

Over 3 days, network and collaborate with fellow entrepreneurs and CEOs to build a ‘recession proof’ plan to scale your...

Coming on monday!

Sara Blakely.

Listen For:

•What Sara's father taught her that set her up for success. •How she doubled down on her superpower as a salesperson, by learning from specific motivational speakers. •How she decided what products to work on and what she does to come up with her best ideas.

 

Follow us on Apple Podcasts so you don't miss these special episodes, and enter to win our Apple Giveaway here.

 

Mentioned in this episode:

Get Scalable Live - THE PREMIER EVENT FOR BUSINESS OWNERS

Over 3 days, network and collaborate with fellow entrepreneurs and CEOs to build a ‘recession proof’ plan to scale your company to 8-figures and beyond, and…leave knowing 2023 is going to be your best year yet!

Get Scalable Live

Arnold Schwarzenegger joins us for a special Live edition of Business Lunch with Roland Frasier podcast. His official bio is 'Austrian American actor, businessman, retired professional bodybuilder, and former politician who served as the 38th governor of California'. You may know him as 'The Terminator'. However you know him, Arnold has a lot to offer anyone looking to realize their dreams and goals.

You’ve heard of Richard Branson. If you’re an entrepreneur, you are a fan of this "Tie-loathing adventurer, philanthropist & troublemaker, who believes in turning ideas into reality". Before our world was hit with this Pandemic, our host Roland Frasier, managed to maneuver a deal that led to this conversation with the founder of Virgin. On our 250th Episode, you’ll hear what they talked about, the advice Richard gives to Entrepreneurs like you, and the mindset that precedes world-changing success.

“Labeling Something As Impossible Is Easy. It Doesn’t Require You To Try…”

If you’ve ever felt like what you want to do might be impossible, or that it will take too long, or that “no-one has done it before, so it’s probably a pipe dream”… this episode is for you. You can challenge the impossible.

With so many new listeners joining us on the show, we want to make sure you’re hearing directly from our host for ’a minute’. Who is this guy who gets in rooms with Business Titans and deals with an extraordinary number of entrepreneurs? He’s often described as ‘the smartest guy in the room’ and today instead of an interview, Roland shares some big questions and historical evidence, that will inspire you to BELIEVE! 

A Mindset For Success.

It’s one thing to be impressed by someone’s entrepreneurial endeavors and glean takeaways and tips. It’s another thing to think how the highly-successful think. You need to adopt the same mindset that all successful men and women share. And this episode will help you do that.

“Ultra-high achievers align themselves and their dreams to opportunities that match their talent, skills, and resources, at times at which those opportunities present themselves. They increase the breadth of what’s possible for them by sculpting their own possibility vision, with the chisel of data and opportunity.” Roland Frasier.

Roland Challenges The 'Impossible'.

1. Legally mandated impossibilities.
2. Physical impossibilities.
3. Perceptual impossibilities.
4. Fiscal Impossibilities.
5. Societal Impossibilities.

“Tens of thousands of bold and persistent entrepreneurs before you have stared down doubt, pushed past legal impossibilities, overcome physical impossibilities, dreamt impossible dreams and brought them to reality, broken through immense fiscal impossibilities and persisted past social impossibilities.” Roland Frasier

How To Challenge The Impossible In Your Business.

Can you do as billionaire Peter Theil suggests and achieve your 10-year goals in 6 months in Business? Is the possible only limited by your mindset, or are there possibilities that elude you which are simply beyond your reach? 

Throughout history, we have seen the limits of the possible expanded again and again.

“If these amazing (formerly assumed impossible) things could be invented, and these formerly thought unachievable human feats could be done, then surely you can hit your 10-year business goals in 6 months? Or accomplish in 1 year what most would take 3 or 5 years to accomplish?” Roland Frasier

Spoiler Alert

“Massive rapid hyper-growth is indeed very possible”. Roland Frasier

A Five-Step Plan To Achieve Anything.

Step 1 Find the Fire.

Step 2 Conceive and Believe. Your subconscious will not allow you to achieve something that it hasn’t seen as possible at first. Challenge the Impossible.

Step 3 Practice Adaptive versus Non-adaptive possibility (otherwise, you’ll have trouble seeing it as possible and accomplishing step 2)

Step 4 Apply data-informed resource opportunity alignment.

Step 5 Pursue, persist, and persevere.

“The truth is that there are very few things that are truly impossible. I believe in you. Now you go make the change, and be the change”. Roland Frasier

Did You Know?  

March 2021 is an extra special month for the podcast, including the first release of Roland’s interview with Sir Richard Branson. Please be sure to follow us on Apple Podcasts, so you don’t miss it!...

We're celebrating,

250 episodes, 1.5 million downloads, and the podcast community of Entrepreneurs that makes doing this so fun (that's you)! Thank you for all your support and for tuning in, week after week. We appreciate it!

3 Ways To Win (Today).

1. An Easy Networking Strategy.

Share an episode of this podcast. It may sound basic, but take a minute and consider - which episode(s) are most relevant and would be most helpful to entrepreneurs in your life? Pick your favorite episode (for them), send them the Apple Podcasts link, and tell them why you thought of them. Then repeat, with every entrepreneur you know. They will thank you. 

2. Listen To A Power Episode Of Business Lunch With Roland Frasier

We pride ourselves on great content, but we have gone the extra mile this month. As you'll hear in this episode, we've got Four Business Titans on the show this month: Richard Branson, Sara Blakely, Arnold Schwarzenegger, and Marcus Lemonis. 

Follow us on Apple Podcasts so you get them when they drop. https://podcasts.apple.com/us/podcast/business-lunch/id1442654104?ls=1&mt=2

3. Enter To Win One Of These Apple Prizes

If want to win a pair of AirPod Pros, AirPod Max Headphones, an iPad Air, or the iPhone 12 Mini, make sure you enter our giveaway for Entrepreneurs here.  It's a WIN-WIN.

Follow Roland Frasier

On Facebook 

On Instagram 

Through his Website 

Also Mentioned In This Episode

Get a free book from our partners at Conversion Fanatics.

 

Mentioned in this episode:

Get Scalable Live - THE PREMIER EVENT FOR BUSINESS OWNERS

Over 3 days, network and collaborate with fellow entrepreneurs and CEOs to build a ‘recession proof’ plan to scale your company to 8-figures and beyond, and…leave knowing 2023 is going to be your best year yet!

Get Scalable Live

We're celebrating 250 episodes, 1.5 million downloads and the podcast community of Entrepreneurs that makes doing this so fun (that's you)!

Introducing four Power Episodes with Business Titans Richard Branson, Sara Blakely, Arnold Schwarzenegger, and Marcus Lemonis.

Follow us on Apple Podcasts so you don't miss these special episodes, and enter to win our Apple Giveaway here.

 

Mentioned in this episode:

Get Scalable Live - THE PREMIER EVENT FOR BUSINESS OWNERS

Over 3 days, network and collaborate with fellow entrepreneurs and CEOs to build a ‘recession proof’ plan to scale your company to 8-figures and beyond, and…leave knowing 2023 is going to be your best year yet!

Get Scalable Live

“If you’re listening to this podcast, the odds are that you’re probably a bit of a crazy entrepreneur, which means you’ll do ten things when you really should only do two.” Dave Asprey.

Dave Asprey is the American entrepreneur that founded Bulletproof Nutrition Inc. He has written five books, and Men’s Health described him as a “lifestyle guru.” 

In this episode, Dave Asprey talks about more than just How To Hack Your Biology. We’re giving you the full conversation so that you can hear Dave’s advice on business, managing your entrepreneurial role, leading a team, finding confidence when you don’t have credentials, and more! It’s packed with excellent takeaways, so be sure to share this episode with the smartest of your friends.

Did You Know?

We’ve surpassed 1.5 million downloads, and we’re going to cross the 250-episode mark this month, so we’re giving the show a boost and our listeners some love. Be sure to enter our giveaway because we have an incredible line-up of Apple prizes.

Plus, make sure you HIT subscribe on ApplePodcasts because we are finally airing our special episodes with Sir Richard Branson, Arnold Schwarzenegger, and Marcus Lemonis this month.

You can also find us on these platforms here.

Listen To This Episode For,

• Why he regrets going International too soon.

• His thoughts on Branding.

“So you’ve got to build something that works really well. If you don’t get your product dialed in and you try and build a good brand around a bad product, you’re a scammer.” Asprey

• Advice on building a company on a shoestring budget.

“If you get a company that’s full of enthusiastic people who haven’t navigated these waters before, they’ll get there. But there might be some bodies along the way. But if you have a guide on the Safari who kind of knows where the potholes are, you might get there more intact and then spend less money. So it’s a question of capital efficiency.” Asprey. 

How To Not ‘Break The Team’.

• Why it’s your ethical responsibility to ‘hack’ your employees.
• The rewards of investing in your team and their personal development.

“If you are not sending them out for a leadership training, or management training, where they can become both better at the business, but also better as human beings, you’re actually not getting a very good return on the investment that you make in your people. So I consider that to be part of being a good company.” Asprey.

• What to look for when picking your board of directors.
• Management mistakes to avoid.
• How to spot people that will help you scale.

“These are people who will share their jobs, the people who are secure in who they are and secure in what they do. Those are your people. And those are the ones who will help you scale and scale and scale”. Asprey.

• Why over-titling creates pain.

“Do you know how many sub-million dollar companies with four employees need three C-level officers? Zero. Hire directors because it’s a lot less painful.” Asprey.

Plus, Hacking Your Biology 101

Dave has spent more...

We've put together a montage of WISDOM from some of the superb female entrepreneurs we've had on the podcast.

Our lineup includes Rachel Pedersen, Danette May, JJ Virgin, Pam Jordan, Marisa Murgatroyd, Allison Maslan, Lisa Sasevich, Rachel Tipograph, Yifat Cohen, Sara Blakely, and Kara Goldin.

Share this show to celebrate women in business in 2021.

Did You Know?  

March is an extra special month for the podcast. We've lined up the first release of Roland's interviews with Sir Richard Branson, Arnold Schwarzenegger, and Sara Blakely.

Subscribe/Follow us on ApplePodcasts, so you don't miss it!

And don’t forget to enter to win our Apple Giveaway! Here's that link.

Rachel Pedersen

CEO / Entrepreneur / 'Queen of Social Media'. This Minnesota mother of three runs two successful businesses. Roland and Rachel discuss partnerships, pressure, and her "favorite lessons" learned:

Episode 116: Rachel Pedersen On Social Media Strategies, Getting Attention & Withstanding The Pressure.

“If you want to rise to big things, you have to be comfortable with the other side of it. The shadow of it”. Rachel Pedersen.

Danette May

Founder of Mindful Health and The Rise movement. She's a world-renowned motivational speaker, #1 best-selling author, and former celebrity fitness trainer. Roland and Danette talked about her journey to an 8-Figure business.

Episode 90: Danette May on Soul-Writing Her Way To An 8-Figure Business

“As an entrepreneur, we can always be looking to that mountain. We’re like climbers, we just go, go, go because we see a destination. But can notice every single thing on each step that we're taking? Ask, Am I really enjoying this journey? Because it's a freaking Epic ride right now!” Danette May.

JJ Virgin

Celebrity nutritionist and hugely successful entrepreneur. Roland and JJ discuss how she overcame many obstacles to build her multimillion-dollar nutrition empire.

Episode 1: An Entrepreneurs Tale, With JJ Virgin.

Pam Jordan

Founder of the Pivot Business Group, and known to many as 'The Profit Finder.' Pam's firm offers executive-level financial services. They walk with companies through growth AND hard times, helping them find more profit. In this episode, she talks with Roland about helping your company no matter what stage you're at.

Episode 84: How To Have a CFO or Think Like a CFO – When You Can't Afford A CFO, with Pam Jordan

Marisa Murgatroyd

Marisa Murgatroyd turns everyday entrepreneurs into online superheroes! – So that they can change the world from their living room. She provides branding solutions to 6, 7, and 8 figure entrepreneurs, and has built her online company, LiveYour Message, from zero to 1.5 million.

Episode 96 about 'How To Design A Thief-Proof,...