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The episode discusses Melissa's awakening at a conference and the impact it had on her business identity. It explores the importance of adapting to changes in the business environment and the insights gained from attending a conference. The experience at the conference led to a new understanding of entrepreneurship and a reevaluation of the entrepreneurial spirit.

Takeaways

Adapting to changes in the business environment is crucial for professional growth.

Attending conferences and events can provide valuable insights and new perspectives.

Understanding the entrepreneurial spirit and community is essential for business identity and growth.

To Subscribe to YouTube: https://www.youtube.com/@oncallcoo/podcasts

To Subscribe to YouTube: https://www.youtube.com/@oncallcoo/podcasts

To Subscribe to YouTube: https://www.youtube.com/@oncallcoo/podcasts

This episode Melissa discusses the recent buyback of Beauty Counter by its founder, Greg Renfro, after private equity firm Carlyle Group acquired the majority shareholder interest in the company. The conversation explores the implications of this buyback and the challenges faced by Renfro in rebuilding the business. It also highlights the human element of such transactions, particularly the impact on the 65,000 brand advocates who relied on Beauty Counter for income. The episode concludes with advice for individuals working in companies undergoing private equity partnerships.

Takeaways

Private equity firms have a three to five-year time horizon and their goal is to make the business more profitable and sell it for a profit.

Private equity transactions often result in significant changes, disruption, and transformation within the company.

Individuals working in companies undergoing private equity partnerships should be prepared for change, adopt a change is good mindset, and separate themselves from the business by focusing on their own skills and value.

The human element of private equity transactions, including the impact on employees and brand advocates, is often overlooked and can have significant consequences.

The buyback of Beauty Counter presents a challenging opportunity for the founder to rebuild the business and address the issues that led to its financial troubles.

To Subscribe to YouTube: https://www.youtube.com/@oncallcoo/podcasts

In this episode, Melissa discusses the difference between show and tell and the importance of demonstration and explanation in business. She highlights how show and tell in kindergarten is the first opportunity to practice presentation skills and emphasizes the need to cultivate and capitalize on this skill throughout life. 

Melissa explains that telling provides information and facts, while demonstrating and explaining give practical exhibitions and convey understanding. 

She explores the significance of demonstration and explanation for employees, people leaders, and business owners, and emphasizes the need for dramatic demonstrations to capture attention and communicate the value of the business. Melissa also discusses the importance of demonstrating well and avoiding poor demonstrations.

Takeaways

Show and tell in kindergarten is the first opportunity to practice presentation skills.

Demonstration and explanation are essential in business to communicate value and drive decisions.

Employees should leverage demonstration and explanation to provide evidence of competence and propel their careers.

People leaders should demonstrate behaviors and inspire others to act and operate in a specific way.

Business owners have the responsibility to set the vision, cast a vision of the future, and demonstrate the value of the company.

Dramatic demonstrations are necessary to capture attention and communicate the value of the business.

Demonstrating well involves showing by doing, providing feedback, and being repetitive.

Poor demonstrations involve taking over, critiquing, and retaliating.

The art of performance and communication skills are crucial for success in business.

To Subscribe to YouTube: https://www.youtube.com/@oncallcoo/podcasts

In this episode, Melissa Franks discusses the possibility of pivoting and making changes in one's career or personal life. She shares her own personal story of going through a major life shift and how she applied her skills and expertise to navigate through it. 

Melissa emphasizes that everyone has an unending bank of skills and expertise that can be transferred to different situations. She encourages listeners to focus on their favorite skills and lead with them when making a change. Clarity and confidence are key in taking action and embracing change.

Takeaways

Everyone has an unending bank of skills and expertise that can be transferred to different situations.

Focus on your favorite skills and lead with them when making a change.

Clarity and confidence are key in taking action and embracing change.

Change is inevitable, so it's better to be prepared and continuously acquire skills.

To Watch the Podcast on YouTube, subscribe here: https://www.youtube.com/@oncallcoo/podcasts

Instagram: www.instagram.com/melissa_franks

Work with me: www.melissafranks.com/offers

Intentional Career Collective:  https://intentional-career-collective.mn.co/plans/333177?bundle_token=b6dec68e1edf9b5de651e160c10d0f88&utm_source=manual

In this episode, Melissa discusses the business aspects of the WNBA and the opportunities for growth and increased revenue. She emphasizes that comparing the WNBA to the NBA is not valid due to the vast differences in revenue and market size. Melissa explains that the WNBA is still in its early stages and has the potential for exponential growth. She encourages viewers to look at the WNBA as a ground floor opportunity and highlights the importance of understanding the business side of sports.

Takeaways

The WNBA and NBA are not comparable due to differences in revenue and market size.

The WNBA is in its early stages and has the potential for significant growth.

The WNBA can increase revenue by expanding to more cities, adding more games, or extending the season.

Comparing salaries between the WNBA and NBA is not valid as they are different business models.

Small businesses offer different opportunities and benefits compared to large corporations.

Instagram: www.instagram.com/melissa_franks

Work with me: www.melissafranks.com/offers

Intentional Career Collective:  https://intentional-career-collective.mn.co/plans/333177?bundle_token=b6dec68e1edf9b5de651e160c10d0f88&utm_source=manual

In this episode, Melissa reflects on her first quarter of 2024 and discusses her experiences with starting a management consultancy agency and exploring full-time employment opportunities. She shares the challenges and successes she encountered, including securing clients and taking risks. 

She emphasizes the importance of unwavering belief, mastery, clarity on what to do and not do, and the ability to work hard while being present in personal life. She encourages listeners to review their own quarterly progress and set new goals for the upcoming quarter.

Takeaways

Breaking down the year into 12-week sprints can help focus and achieve goals

Starting a business requires intentional networking, specific offers, and clarity on the type of clients and work desired

Taking risks and believing in oneself are key to success

Being clear on personal values and priorities helps in selecting the right opportunities

Working hard and being present in your personal life are not mutually exclusive

Reviewing quarterly progress and setting new goals is important for continued growth and success

Instagram: www.instagram.com/melissa_franks

Work with me: www.melissafranks.com/offers

Intentional Career Collective:  https://intentional-career-collective.mn.co/plans/333177?bundle_token=b6dec68e1edf9b5de651e160c10d0f88&utm_source=manual