Inside BS Show

Inside BS Show

By Dave LorenzoBusinessEntrepreneurship
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Inside BS Show episodes

  • When Selling a Business, Profit Alone is Not Enough: How to Increase Value and Reduce Risk | 911

    Most business owners think doubling profit is the same as doubling value. It isn’t. Buyers pay for future profit with reduced risk. In this episode of the Inside BS Show, Dave Lorenzo breaks down the three essential strategies that make a business attractive to buyers.


    What You’ll Discover Today:

    • Why owner dependency destroys business value and how to fix it
    • The critical role systems and processes play in reducing risk
    • How strategic positioning and competitor analysis impact your business valuation

    Key Topics Discussed:

    1. Owner Dependency:
      If your business revolves around you, you don’t have anything to sell. Learn how to delegate responsibilities, train your leadership team, and prepare for a potential transition.
    2. Systems and Processes:
      Strong systems reduce risk and create predictability. Discover why SOPs are non-negotiable for scaling and eventual sale.
    3. Strategic Positioning:
      Buyers want competitive strength. Learn how to analyze your market position and why understanding your competitive advantage is critical before selling.

    Call to Action:
    Buy the 60 Second Sale Book: https://www.amazon.com/60-Second-Sale-Ultimate-Relationships/dp/1119499763

    8 min
  • Become Obsessed with Recurring Revenue | 910

    Recurring revenue is the single most powerful driver of business valuation. In this episode, Dave Lorenzo explains why predictable income makes your business far more attractive to buyers and how you can structure your offerings to create it.


    Key Topics Discussed:

    • Why Buyers Pay for Future Profit
      Business sales are based on predictable future income, not just past results. If your business generates consistent recurring revenue, buyers can confidently pay a higher multiple.
    • Three Proven Models for Recurring Revenue
      1. Subscriptions or Service Plans
        Convert one-time purchases into ongoing subscriptions. Example: Audible turned single audiobook sales into monthly memberships. Car washes now sell unlimited monthly passes instead of one-off washes.
      2. Prepaid Bundles
        Customers pay upfront for blocks of services they can use over a defined period. Landscaping companies, for instance, sell six-month prepaid service packages that cover mowing, trimming, and pressure washing.
      3. Contracted Follow-Up Services
        Add recurring maintenance or support contracts. Think software add-on services or HVAC maintenance plans with guaranteed response times. These generate steady monthly income and increase customer loyalty.
    • The Bottom Line
      Recurring revenue not only boosts cash flow but also multiplies the eventual sale price of your business. A company with predictable income streams can double or triple its valuation multiple.

    Links and Resources:

    • Subscribe Via Email: GetInsideBS.com
    • Call Us: (305) 692-5531
    • Buy the 60 Second Sale Book: The 60 Second Sale on Amazon

    Call to Action:
    If you’re serious about maximizing the value of your business, start building recurring revenue streams today. Then call us to discuss how to turn your company into an investment that buyers will pay top dollar for.

    9 min
  • How Do Successful Entrepreneurs Stay Motivated? | 909

    On this episode of The Inside BS Show, hosts pull back the curtain on what really drives them to perform at a high level every single day. They don’t sugarcoat it. They reveal the exact strategies they use to stay motivated, push through setbacks, and keep producing when most people give up.


    You’ll discover:

    • Why doing what others refuse to do is one of the fastest ways to get ahead.
    • How setting clear priorities creates time for what matters most.
    • The power of carrying a chip on your shoulder and using competition as fuel.
    • The concept of “microtasking” and how breaking work into bite-sized pieces keeps you moving forward, even on overwhelming days.

    This episode isn’t theory—it’s the raw truth about how successful entrepreneurs create an edge and sustain their drive. If you’ve ever wondered how to keep going when you feel stuck, this conversation gives you the playbook.


    Links and Resources:

    • Subscribe Via Email: GetInsideBS.com
    • Call Us: (305) 692-5531
    • Buy the 60 Second Sale Book: The 60 Second Sale on Amazon

    Call to Action:

    If you found value in today’s episode, share it with a friend or colleague who needs a dose of motivation. And don’t forget to subscribe so you never miss an episode of The Inside BS Show.

    13 min
  • What Are Four Pieces of Advice Every Business Owner Must Follow? | 908

    On this episode of The Inside BS Show, deliver essential advice for small business owners and entrepreneurs who want to build strong, sustainable businesses.


    What You’ll Discover Today:

    1. Why Cash Flow is King – Dave shares how demanding payment in advance transformed a failing hotel into the top performer in its category. Learn why rich people get paid first and how you can adopt this practice in your own business.
    2. The Power of Tight Books – Explains why hiring a good accountant early saves you headaches later and positions your business for growth, financing, and stability.
    3. Know Your Client Better Than They Know Themselves – Dave discusses why you can’t outsource customer research, how to get inside your client’s head, and why solving their problems matters more than focusing on their pain.
    4. Why Standard Operating Procedures Save Your Business – Highlights the dangers of over-relying on one person or system without oversight, and why every owner must understand their SOPs.

    Key Topics Discussed:

    • Cash flow strategies that separate thriving businesses from those that struggle
    • The role of accounting in securing financing and scaling successfully
    • Practical sales psychology to connect with and retain customers
    • Protecting your business by mastering systems and procedures

    Links and Resources:

    • Subscribe via Email: GetInsideBS.com
    • Call Us: (305) 692-5531
    • Buy the 60 Second Sale Book: The 60 Second Sale on Amazon

    Call to Action:
    If you found this episode valuable, watch or listen to another one today. Each show is designed to help you make a great living and live a great life.

    12 min
  • Hidden Assets That Add Value When You Sell Your Family Business | 907

    When it comes time to sell a family business, owners often overlook assets that can dramatically increase valuation. In this episode, Dave Lorenzo reveals the hidden assets buyers will pay a premium for—and how to protect and maximize them.


    Key Topics Discussed

    • Intellectual Property
      • Why trademarks, copyrights, patents, and trade secrets boost value.
      • How protecting and enforcing them can add millions to your sale price.
      • The role of an intellectual property attorney in safeguarding your assets.
    • Customer List
      • Understanding the true value of customer lifetime relationships.
      • How a clean, accurate, and secure customer list drives recurring sales.
      • Why buyers see your customer list as a direct path to growth.
    • Recurring Revenue
      • How recurring revenue models (maintenance, memberships, subscriptions) build predictable future profit.
      • Why predictable, autopilot income increases your valuation multiple.
      • Examples of recurring revenue that make your business more attractive to buyers.

    Links and Resources

    • Subscribe via Email: GetInsideBS.com
    • Listen on Spotify: Inside BS Show on Spotify
    • Listen on Apple Podcasts: Inside BS Show on Apple Podcasts
    • Call Us: (305) 692-5531
    • Buy the 60 Second Sale Book: The 60 Second Sale on Amazon

    Call to Action

    Focus on protecting your intellectual property, maintaining a clean and secure customer list, and building recurring revenue streams today. Doing so will make your business worth significantly more tomorrow.


    10 min
  • Never Cut These Expenses When Selling Your Business | 906

    When you’re preparing to sell your business, it’s tempting to slash costs to make your bottom line look better. But cutting the wrong expenses can backfire and lower your sale price. In this episode, Dave Lorenzo reveals the three areas where you should never cut spending if you want to maximize the value of your business.


    What You’ll Discover Today:

    • Why reducing marketing spend right before a sale is a disaster.
    • How investing in skilled employees increases your company’s attractiveness to buyers.
    • The role preventive maintenance plays in preserving your business value.

    Key Topics Discussed:

    1. Marketing Matters: Cutting lead generation undermines growth and signals lack of commitment. Buyers want to see strong demand and future profit potential.
    2. Skilled Employees: Retain and reward your best people at least 12–18 months before selling. Stable, engaged teams make your business more valuable.
    3. Maintenance & Upkeep: Preventive maintenance and records prove to buyers that your equipment and facilities have lasting value.

    If you’re serious about selling your business, focus on growth, people, and operational excellence. Cutting corners in these areas will cost you far more than you save.


    Links and Resources:

    • Subscribe Via Email: GetInsideBS.com
    • Call Us: (305) 692-5531

    Call to Action:

    Buy the 60 Second Sale Book: https://www.amazon.com/60-Second-Sale-Ultimate-Relationships/dp/1119499763


    9 min
  • How to Plug Profit Leaks Before a Buyer Finds Them | 905

    On this episode of The Inside BS Show, Dave Lorenzo reveals the three most common profit leaks buyers look for when evaluating your business. If you don’t fix them now, buyers will not only discount their offers but also pocket the profit you should have been taking home.


    Key Topics Discussed

    • Why buyers love finding profit leaks: How small oversights give them ammunition to lower your price.
    • Audit your expenses: Identifying waste like unused software, overstaffing, idle equipment, and unnecessary leases.
    • Tighten billing and collections: Why slow invoicing and overdue receivables kill value and how to slash your days sales outstanding.
    • Review warranty and service policies: How mismanagement and abuse of contracts eat away at your margins.
    • Why fixing these leaks now matters: Extra profit before the sale plus stronger buyer perception.
    • The bigger picture: How signaling strong management boosts value and positions you as a disciplined operator.

    Links and Resources

    • Subscribe Via Email: GetInsideBS.com
    • Listen on Spotify: Inside BS Show on Spotify
    • Listen on Apple Podcasts: Inside BS Show on Apple Podcasts
    • Call Us: (305) 692-5531
    • Buy the 60 Second Sale Book: The 60 Second Sale on Amazon

    Call to Action


    Don’t sell your business until we talk. Dave Lorenzo will help you uncover and fix every profit leak so you walk away with maximum value when it’s time to sell.


    8 min
  • Add Twenty Percent To Your Profit in 90 Days | 904

    Most family business owners leave 20% of their profit on the table without realizing it. In this episode of The Inside BS Show, Dave Lorenzo reveals three fast, proven strategies you can implement in just 90 days to boost your profits, without adding a single new customer.


    Key Topics Discussed

    • Why raising prices on your top-selling products or services can increase profits with minimal pushback
    • How to identify and cut low-margin offerings that drain resources
    • The right way to renegotiate supplier terms to instantly improve your bottom line
    • The multiplier effect of pre-sale profit growth on your business valuation
    • Why buyers will implement these changes if you don’t—and pay you less for your business
    • Call Us: (305) 692-5531

    Call to Action
    Buy the 60 Second Sale Book: https://www.amazon.com/60-Second-Sale-Ultimate-Relationships/dp/1119499763

    9 min
  • Why You Need 18 Months To Get A Business Ready For Sale | 903

    On this episode of The Inside BS Show, Dave Lorenzo explains why 18 months is the ideal minimum time to prepare your business for sale. Whether your business is running smoothly or needs significant cleanup, this timeframe can make the difference between a mediocre exit and a life-changing one.


    Key Topics Discussed:

    • Maximizing Valuation
      • Cleaning up financial statements and tax returns
      • Removing lifestyle expenses and unrelated payroll from the books
      • Building and documenting recurring revenue streams
      • Resolving compliance issues and legal matters
    • Fixing Operational Weak Spots
      • Reducing dependency on key individuals
      • Addressing customer concentration risks
      • Creating systems and processes that allow the business to run without the owner
    • Strategic Positioning for the Right Buyer
      • Making the business attractive to private equity and strategic buyers
      • Identifying competitive advantages in geographic or industry niches
      • Positioning for vertical integration opportunities

    Call to Action:
    Call us at (305) 692-5531 and buy The 60 Second Sale: https://www.amazon.com/60-Second-Sale-Ultimate-Relationships/dp/1119499763

    9 min
  • How to Build a Referral Network That Grows Itself | 902

    On this episode of The Inside BS Show, break down the mindset and methods behind building a thriving community of professionals who actively help each other succeed. Whether you’re leading a networking group, a peer advisory board, or a coaching program, you’ll learn exactly how to recruit, engage, and retain the right members to create long-term value for everyone involved.


    Key Topics Discussed

    1. Clarity of Purpose – Why knowing your membership goals, candidate profile, and network standards is critical to building the right group.
    2. Commitment – How to screen for loyalty, ensure rapid onboarding, and avoid members whose attention will always be elsewhere.
    3. Confidence – How to project authority and inspire members to follow your leadership.
    4. Culture – The importance of delivering consistent value, fostering leadership, and making every member feel like the most important person in the group.
    5. Capability – What it takes in time, personality, and differentiation to sustain a group that people want to be part of.

    Links and Resources

    • Subscribe via Email: GetInsideBS.com
    • Listen on Spotify: Inside BS Show on Spotify
    • Listen on Apple Podcasts: Inside BS Show on Apple Podcasts
    • Call Us: (305) 692-5531

    Call to Action
    Buy the 60 Second Sale Book: https://www.amazon.com/60-Second-Sale-Ultimate-Relationships/dp/1119499763

    19 min

About Inside BS Show

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