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CarlGould-#70secondCEO-Acquisition Part 4 -Geography

Carl Gould #70secondCEO

Release Date: 07/24/2020

Carl Gould-#70secondCEO-Leverage the Complaints in Your Industry show art Carl Gould-#70secondCEO-Leverage the Complaints in Your Industry

Carl Gould #70secondCEO

Leverage the Complaints in Your Industry   Hi everyone, Carl Gould here with your#70sec0ndCEO, just a little over a one-minute investment every day for a lifetime of results. One of the ways to differentiate yourself now, and this will set us up for the other parts that we're going to talk about, is we need to leverage the complaints in the industry, the complaints about your industry.    So take a moment for a second and write down what are the top five complaints about your industry. Maybe not about you personally, but you've heard it about your competitors. If you're out...

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Carl-Gould-#70secondCEO-Change Your Business Messaging Part 2 show art Carl-Gould-#70secondCEO-Change Your Business Messaging Part 2

Carl Gould #70secondCEO

Change Your Business Messaging Part 2   Hi everyone, Carl Gould here with your #70secondCEO. Just a little over a one-minute investment every day for a lifetime of results. There's been so much volatility and winter is all about volatility. Since 2005, think about what we've been witnessing and what the economic climate has been like and the political climate has been like.    So nobody knows who to trust and things are so polarized. So you coming out and making a bold claim to the positive doesn't necessarily differentiate yourself in this market today. So I'm going to give you...

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Carl-Gould-#70secondCEO-Change Your Business Messaging show art Carl-Gould-#70secondCEO-Change Your Business Messaging

Carl Gould #70secondCEO

Change Your Business Messaging Part 2   Hi, everyone, Carl Gould here with your #70secondCEO, just a little over a one-minute investment every day for a lifetime of results. We have to differentiate our businesses. I remember watching a movie with my kids eons ago.    Do you guys remember the March of the Penguins? Any of you got kids that are like teenage years, college-age because if you do, you got dragged to that movie too, just like I did. I was the guy two rows in front of you complaining like, oh my God, you got to be killing me.    But the business lesson I...

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Carl-Gould-#70secondCEO-Clients Buying Habbits Have Changed show art Carl-Gould-#70secondCEO-Clients Buying Habbits Have Changed

Carl Gould #70secondCEO

Hi, everyone. Carl Gould here with your #70secondCEO. Just a little over a one-minute investment every day for a lifetime of results. What seemed to be those temporary requests during the pandemic, they're not temporary.  The pandemic accelerated the purchasing habits and the paradigm shift in the purchasing habits and expectations of all of our clients. What we took as annoying or maybe pesky requests at the time were permanent requests.  We find ourselves in a cycle of business that has about five more years left to it. It's the cycle of business we call winter. Winter started in...

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Carl-Gould-#70secondCEO-How to be a High Value Player show art Carl-Gould-#70secondCEO-How to be a High Value Player

Carl Gould #70secondCEO

 How to be a High-Value Player Hi Everyone, Carl Gould here your #70secondCEO, just over a minute of  investment per day for a lifetime of results. You’re going to have a premium offering, that really high McDaddy offering, and then, once you’ve convinced them of the value of your brand, then they’re going to go and purchase off the menu. And on that menu is something for every appetite and something for every budget. You need to compete to be the best in your niche. Not the worst. And if you’re pricing is in the middle of your niche, consumers think you are among the worst....

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Carl-Gould-#70secondCEO-Top 3 Traits You Admire show art Carl-Gould-#70secondCEO-Top 3 Traits You Admire

Carl Gould #70secondCEO

Top 3 Traits You Admire Who do you Admire? -  Hi everybody, Carl Gould here with your #70secondCEO just one minute a day investment for a lifetime of results. Today’s topic, who do you admire? Take a moment and think about that.  What industry Titan, sports celebrity, political figure, historical figure do you really admire?  Write down the name of that person or persons. And, what I’d also like you to do is write down the key attributes that you admire about them.  Can you think about that for a moment, what are all the traits and attributes or personality styles and...

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Carl Gould #70secondCEO

Cash Flow Positive, Buying Power, Operating Expenses Hey Everyone, Carl Gould here with your #70secondCEO, just a little over a one-minute investment every day for a lifetime of results. Today’s topic is - Cash Flow. All right so, give yourself a ranking here: To what degree are your cash flow positive on a monthly basis?  Do you have at least six months of operating expenses in reserve to whether a storm?  Do you have enough buying power in order to take advantage of an opportunity should it present itself?   One is low like, ‘Oh my God, help!’10 is high, were really...

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Carl-Gould-#70secondCEO-Building the Balance Sheet show art Carl-Gould-#70secondCEO-Building the Balance Sheet

Carl Gould #70secondCEO

Building the Balance Sheet Hi Everyone, Carl Gould here with your #70secondCEO. That’s right just a 70 second investment each day for a lifetime of results. Today’s topic is - Building the Balance Sheet.  You know it’s interesting people come to me and say, ‘Carl, grow my business.” What they’re talking about though is their profit and loss, their income statement, am I making more than I’m paying out? But you know what, you’re not building wealth there, it’s your balance sheet where you start building wealth so, what we’re recommending here is taking up to 3% of your...

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Carl-Gould-#70secondCEO-Being Obnoxious Good or Bad Part 2 show art Carl-Gould-#70secondCEO-Being Obnoxious Good or Bad Part 2

Carl Gould #70secondCEO

Being Obnoxious, Good? or Bad? Part 2 Hi everyone, Carl Gould here with your #70secondCEO. Just a little over a one minute investment every day for a lifetime of results.   And that, you know, remember, I'm seventh grade. I'm 11 years old, and I just got called what I now think is a swear word. So that whole night I remember it sitting with me and I was thinking, you know, what was she implying? Was she saying I was disgustingly objectionable? I was highly offensive. And I remember that night. I gotta tell you, I was pissed off at first, but then I went through a range of emotions. When I...

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Carl Gould #70secondCEO

Being Obnoxious, Good? or Bad? Part 1 Hi everyone, Carl Gould here with your #70secondCEO. Just a little over a one minute investment every day for a lifetime of results.   They don't make obnoxious like they used to. I remember the first time I was called obnoxious. I was in the seventh grade. And I was joking in class with some of my friends. We were probably just being louder than we should have been, probably more inappropriate manner than we were in class. But I must have said something that my teacher overheard, you know, and she didn't like it because she came up to me and she said...

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Don't miss the last in the Acquisition series! Find out how to expand your empire with geography. 

Read full transcript:

Hi everyone Carl Gould here with your #70secondCEO. Just a little over one minute investment every day for a lifetime of result.

You bought your revenue, you bought your talent, you bought your systems. How about this if you buy a company that's in like the service area next to you? Now, you've expanded your geography. You've bought your each footprint, you know, naturally literally, right? So if you're in Collier County you just bought, what's the next one over? Lee County. If I bought more if I'm in Morris, I just bought Passaic County, right? So now I've expanded my geography and you know, I've gone wide now this gives me the opportunity to get more concentration within that and I can further build out that territory.

So my buying by acquiring a company you will also sometimes buy reach and then ultimately you're buying out a competitor. You're buying somebody who's in a business you taking the player off the board, right? Or your owning that player so here it is so Gibbons you can go in one of two directions. You take them off the board by putting your name on the side and now you're a bigger company right or you leave them with that name and every time you put in a proposal you have your other company put in another proposal now, you know, because what do most people do they either get three or they get five estimates.

Like and follow this podcast so you can learn more. My name is Carl Gould and this has been your #70secondCEO.