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Cody Jess is one of the top-rated Business Litigation attorneys in Phoenix, AZ. His practice focuses on complex commercial litigation, commercial bankruptcy, creditors’ rights, and business law. I’m excited to share our conversation because regardless of if you’re an LLC, S corp, or C corp, you will want to hear from the guy that finds these discrepancies in business documents and get some insight into the common mistakes that he sees people making.
Cody and I talk about how to get really clear in your contracts and keep them updated, key differences between independent contractors and employees, and why you want to increase your personal liability umbrella as your assets grow. Cody breaks down what to look out for when you’re thinking about taking on a board position and critical legal areas where you don’t want to cut corners. Plus, I share my top tip for moving past the fear and dread that a lot of us feel about reviewing and organizing legal documents.
IN THIS EPISODE, WE TALK ABOUT:
RESOURCES
CONNECT WITH CODY
Connect on LinkedIn: Cody Jess
CONNECT WITH CANDY
Follow me: @candyvalentino
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Something that I see so many entrepreneurs missing the mark on is how they view the trajectory of their business, more specifically, how to reverse engineer their goals to set out on that trajectory. If there comes a time when you want to grow your revenue and scale your business, you have to start with the end in mind, planning your exit from day one. By reverse engineering your goals, you avoid the hamster wheel effect and can position yourself for a lucrative exit.
In today’s episode, I break down the main exit strategies, the pros and cons of each method, and how they affect your current business decisions. I also touch on the four things that potential buyers look for and what I personally dig into when I’m thinking about investing in a business.
IN THIS EPISODE, WE TALK ABOUT:
RESOURCES
CONNECT WITH CANDY
Follow me: @candyvalentino
Join Founders Organization
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I’m joined by Todd Davis, co-founder of LifeLock, to talk about the ups and downs of his identity theft protection startup, which was acquired by Symantec for $2.3 billion just 12 years after he launched the company. He shares the stories behind LifeLock’s iconic marketing strategies, like the $1 million guarantee and publishing his Social Security Number all over billboards and commercials. We discuss how he confronted his insecurities and self-doubt as a CEO, and what his hiring approach was for building a world-class team. He also dives into how he decided to take on venture capital and what his advice is for anyone who hears ‘no’ during an investment pitch.
IN THIS EPISODE, WE TALK ABOUT:
RESOURCES
CONNECT WITH TODD
Connect on LinkedIn: Todd Davis
Learn more about LifeLock: lifelock.com
CONNECT WITH CANDY
Follow me: @candyvalentino
Join Founders Organization
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I’m joined by Alison Lumbatis, the CEO of Outfit Formulas®, speaker, and best-selling author. Outfit Formulas® is an online styling program that has taught over 100,000 members how to curate a functional, fashionable wardrobe they feel confident wearing. We discuss the tipping point that inspired her to take the leap, leave her steady corporate job, and embark on her entrepreneurial journey. She shares her number one piece of advice to anyone starting out, what her biggest mistake was as a rookie entrepreneur, and how community and mentorship have impacted her growth as a business owner. We also discuss the power of strategic collaborations and using ‘old school’ marketing techniques like SEO and email lists.
IN THIS EPISODE, WE TALK ABOUT:
RESOURCES
CONNECT WITH ALISON
Follow Alison: @alisonlumbatis
Follow Outfit Formulas®: @outfitformulasofficial
Shop Outfit Formulas®: outfitformulas.com
Learn more about Alison: alisonlumbatis.com
CONNECT WITH CANDY
Follow me: @candyvalentino
Join Founders Organization
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I’m joined by Amy Lacey, founder of Cali’flour Foods and national best-selling author of Cali’flour Kitchen and The Clean Switch. After being diagnosed with lupus in 2010, she needed to make major changes in her diet and give up one of her favorite traditions: pizza with her family on Friday nights. She decided to get creative in the kitchen and ended up developing the OG cauliflower pizza crust that actually satisfied her cravings, but helped her stay on track with her health goals.
Amy talks candidly about mistakes that she’s made along the way, including not having solid legal contracts in place and not trusting her intuition. She gives her top tips when it comes to finding the right business partner and investors. We discuss her non-traditional exit, valuing the success of the company over your own ego, and what her role at Cali’flour Foods is nowadays. Amy shares so much wisdom about branding, scaling, and the power of showing up, so tune in to hear her story and learn more!
IN THIS EPISODE, WE TALK ABOUT:
RESOURCES
CONNECT WITH AMY
Follow Amy: @heyamylacey
Shop Cali’flour Foods: califlourfoods.com
Follow Cali’flour Foods: @califlourfoods
CONNECT WITH CANDY
Follow me: @candyvalentino
Join Founders Organization
Learn more about your ad choices. Visit podcastchoices.com/adchoices
A common misunderstanding with business owners is that they don’t truly understand the difference between a business that is growing and a business that is scaling. They see signs of growth and get super excited that they’re business is gaining traction, but with that, they’re expenses are also increasing at the same rate as the growth. So in turn, they’re not actually scaling. And that’s because they’re not actively and constantly measuring the KPIs that determine how to scale a business. Today, I’m diving into what these KPIs are, plus some additional ways to stop creating a job for yourself, and instead create a well-oiled machine that can generate revenue on its own.
IN THIS EPISODE, WE TALK ABOUT:
RESOURCES
CONNECT WITH CANDY
Instagram: @candyvalentino
Listen to Generation Wealth
Learn more about Founders Organization
Work with Candy
Learn more about your ad choices. Visit podcastchoices.com/adchoices
I’m joined by Tom Hatten, founder of Mountainside Fitness, the number one health club in Arizona and number 14 in the entire country. The gym membership is the OG recurring payment program, so I ask Tom to share his wisdom on customer acquisition and retention. As a lifelong athlete, Tom unpacks how his competitive mentality has both helped and hindered Mountainside’s growth, and how he’s learned to move out of the way and trust his team.
When Governor Ducey forced gyms to shut down during the pandmeic, Tom sued him and the state of Arizona, and made national news for fighting back. He refused to step aside and just accept that gyms were ‘super-spreaders’ during the pandemic, despite adhering to the CDC guidelines and doing everything he could to be part of the solution. His resilience and dedication to his community gained him thousands of customers, including me! We round out this session with questions from the audience about team building, consistent branding, and scalability.
IN THIS EPISODE, WE TALK ABOUT:
RESOURCES
CONNECT WITH TOM
Connect on LinkedIn: linkedin.com/tom-hatten
Learn more about Mountainside Fitness: mountainsidefitness.com
CONNECT WITH CANDY
Follow me: @candyvalentino
Join Founders Organization
Learn more about your ad choices. Visit podcastchoices.com/adchoices
I get asked all too often how I have built and exited several multi-million dollar businesses, and I can tell that whoever is asking, is looking for some hidden, mind-blowing secret that I heard in a super exclusive meeting. Well, good news! It’s really not that complicated. There are truly just four ways you can increase your business revenue and in today’s episode, I’m sharing what those four ways are, plus some of the strategies you can implement to really move the needle on your monthly revenue.
IN THIS EPISODE, WE TALK ABOUT:
RESOURCES
CONNECT WITH CANDY
Instagram: @candyvalentino
Listen to Generation Wealth
Learn more about Founders Organization
Work with Candy
Learn more about your ad choices. Visit podcastchoices.com/adchoices
I’m highlighting another fascinating Q&A session from our first Wealth & Business Summit, and this time I’m joined by Rick Steele, the founder and CMO of Select Blinds. I ask Rick to break down his process for totally disrupting the window coverings industry and becoming an e-commerce titan. Rick and I talk about his unconventional, but highly effective, scaling method and how to set your business up for a big exit strategy.
He shares his advice for how to create your own motivation, what he considers when bringing on a partner or co-founder, and how he would build himself back up if he lost it all tomorrow. Rick also takes questions from the crowd and covers topics like building a business on a credit card, responding to negative feedback, and mastering backend data analytics on a budget.
IN THIS EPISODE, WE TALK ABOUT:
RESOURCES
CONNECT WITH RICK
Follow Rick: @ricksteeleofficial
Shop Select Blinds: selectblinds.com
CONNECT WITH CANDY
Follow me: @candyvalentino
Join Founders Organization
Learn more about your ad choices. Visit podcastchoices.com/adchoices
Why aiming high and falling short is always better than the alternative
How to reverse engineer your goals.
How the lack of specificity is preventing you from getting what you want.
My spin on one of Beyonce’s songs… oh boy lol.
The dress rehearsal and its importance to your dreams.
BONUS: Listen to the end for 2 kryptonites that are killing your dreams
Text your questions to 480-781-0363
Connect with me on Instagram: @candyvalentino
Learn more: candyvalentino.com
Learn more about your ad choices. Visit podcastchoices.com/adchoices
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