The Transition from First to Second Generation in Business - The Julius Filez Ep#93
Release Date: 04/05/2024
Documenting the Journey Part 2 - INTERVIEW 2 (Karlee)
Julius Filez
In this interview #2, documenting the journey, Jasan sits with Karlee to share a raw and unfiltered look at the realities of entrepreneurship. From the sacrifices made to sustain a business to the lessons learned from failure, this conversation reveals the challenges, resilience, and determination required to create something lasting. Together, they explore topics like leadership, consistency, and the importance of building systems and culture, offering an inspiring perspective on turning setbacks into stepping stones for success
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Documenting the Journey Part 2 - INTERVIEW 1 (Katie)
Julius Filez
In this first interview of Documenting the Journey: Chapter 2, Jasan sits down with Katie for an open and insightful conversation about his entrepreneurial path. From reflecting on the challenges of building a business from scratch to the lessons learned along the way, Jasan shares raw, unfiltered insights into what it takes to grow a brand like Coffee Junkiez and Pizza Junkiez. Katie dives straight into the tough questions, exploring topics like what Jasan would change about the business, his biggest regrets, and the lessons he wishes he had learned earlier. Jasan’s reflections on the...
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Documenting the Journey Part 2 - The Introduction
Julius Filez
What does it mean to truly know your team? In this heartfelt and unscripted conversation, Jasan Julius opens the doors to candid conversations with his employees. From deep personal insights to raw reflections on leadership and growth, this episode sets the stage for authentic storytelling. Discover why Jasan values relationships, self-improvement, and time above all else, and hear his unfiltered perspective on what it takes to build a brand while staying true to yourself.
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Why Your Best Isn’t Good Enough Yet - The Julius Filez Ep#102
Julius Filez
In this episode, we dive deep into the hard truth that your best might not be good enough—and why that’s actually a good thing. If you're striving for greatness in life or entrepreneurship, this episode will push you to rethink your approach, level up, and continually improve. 💡 Key Moments: 00:00 - Introduction: Why Your Best Isn’t Good Enough 00:36 - The Brutal Truth About Success and Failure Rates 02:27 - The Importance of Constant Learning and Growth 03:24 - How Destroying My Business Led to Personal Growth 05:02 - The Power of Admitting You Don’t Know Everything ...
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Accountability and Responsibility in Entrepreneurship - The Julius Filez Ep#101
Julius Filez
In this episode, we dive into the hard truths of leadership, accountability, and what it really means to make the tough decisions in business. From addressing team dynamics to understanding the pressures of entrepreneurship, this episode covers it all. Key topics include the importance of confidence in your leadership, dealing with underperforming team members, and how humility can build trust and loyalty. If you’re ready to learn about making decisions that serve the bigger picture, you don’t want to miss this episode. 💡 Key Moments: 00:00 - Introduction: Leadership and Black-and-White...
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The High Cost of Growing Too Fast: A Personal Story - The Julius Filez Ep#100
Julius Filez
In this episode, Jasan reflects on his entrepreneurial journey and the mistakes he made in growing his businesses. He emphasizes the importance of building systems and processes to create a self-sustaining business. Jasan shares his experience of opening multiple operations without proper training programs, resulting in financial loss and inconsistency. He highlights the difference between having a job and having a business, and the need to develop a training program to ensure consistent results. Jasan concludes by encouraging entrepreneurs to focus on building people and choosing the right...
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Lessons from 20 Years in Business - The Juliuz Filez Ep#99
Julius Filez
In this episode of The Julius Filez, Jasan discusses his recent experience with coaching young entrepreneurs and reflects on his own journey as an entrepreneur. He emphasizes the importance of being authentic and honest in coaching, rather than giving fluff advice. Jasan also talks about the different mindset and rules that entrepreneurs play by, and the need for entrepreneurs to make their own decisions and hold themselves accountable. He shares a personal example of a mistake he made in buying another business that took his focus away from his main venture. Overall, Jasan highlights the...
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Who’s Really to Blame for Inflation? - The Julius Filez - Ep #98
Julius Filez
In this episode of The Julius Filez, I tackle the hot topic of inflation and clear up the common misconceptions around it. Many people point fingers at big businesses, but I'll show you why they aren't the real culprits. The truth is, inflation is driven by government policies and economic levers, not by businesses trying to make a profit. I'll break it down in simple terms so you can understand the real causes and impacts of inflation on your daily life. This episode is packed with insights and explanations that will change the way you think about inflation and help you make more informed...
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Bigger is Not Always Better - Episode #97 - The Julius Filez
Julius Filez
Welcome to another episode of The Julius Filez! In this episode, host Jasan Julius shares an insightful story titled "Bigger is Not Always Better." Dive into the world of entrepreneurship as Jasan recounts his journey of expanding his first coffee shop and the valuable lessons he learned along the way. 🚀 In This Episode: Early Business Success: How Jasan grew his first shop to $20,000 a month in revenue within six months. Expansion Challenges: The pitfalls and unexpected costs of moving to a larger facility. Overhead Realities: Understanding the true cost of increased revenue,...
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Why You Don’t Need a Life Coach - The Julius Filez Ep#96
Julius Filez
Dive into an unfiltered discussion on life coaching, mentorship, and the journey of personal growth. In this episode, we explore why relying solely on a life coach may not be the best approach and emphasize the importance of taking control of your own life decisions. Discover how surrounding yourself with the right influences and building a virtual advisory board from successful entrepreneurs can maximize your potential. We highlight the benefits of seeking diverse perspectives from thought leaders, exploring the wisdom of figures like Dave Meltzer, Patrick Bet-David, and others. Learn how to...
info_outlineIn this engaging episode of "The Julius Filez" the host Jasan Julius delve into the entrepreneurial journey of Steve and Melissa Fultz, a dynamic couple who are authors, coaches, consultants, and entrepreneurs specializing in transitioning businesses from the first to the second generation. Their story begins with Steve's background in a family business established by his father, which he took over in 2010. Despite an initial period of anxiety and a steep learning curve, Steve leveraged his varied experiences, including a Ph.D. in Counseling psychology and several entrepreneurial ventures, to understand the nuances of family business transitions.
Steve Fultz is a top-performing business owner, consultant, and strategic business coach who has identified an important gap in the market from decades of experience in success in running multiple ventures, overcoming roadblocks, clarifying assumptions, and speaking the unspoken. From growing his family business from $6M in sales to over $10M in just a few short years to running three successful businesses at once, there is no better consultant more equipped to help organizations prioritize and tackle the issues that need addressing
Melissa Huff Fultz has over 25 years of experience as a sales executive, marketing professional, mentor, coach, and entrepreneur. She is a “Consultant of the Year” Award winner in a Fortune 10 Company and has been featured in the Princeton Global Directory and the Who’s Who Global Business Directory. As a consistent top performer, Melissa has been a repeated winner in the Circle of Excellence, President’s Circle, and President’s Club. She has been responsible for
developing Customer Success Models patterned after her undisputed track record in building long-term strategic partnerships in numerous industries which translated to generating over $1.5B in revenue in her most recent role.
The conversation covers the challenges and insights gained from working with different generations within a family business, emphasizing the unique blend of maintaining core business principles while adapting to new dynamics and technologies. Steve and Melissa share their personal and professional evolution, highlighting how they've helped businesses not only survive but thrive through generational transitions.
Key points include the critical nature of succession planning, with statistics showing a vast majority of business owners lack a concrete plan for retirement. The Fultzes stress the importance of respecting the foundation laid by the previous generation while bringing in fresh perspectives and innovations. Their approach is deeply rooted in understanding both the human element and the strategic business decisions necessary to ensure a seamless transition and continued success.
The podcast provides a rich exploration of the intersection between family, legacy, and business, offering valuable insights for both current and aspiring entrepreneurs within family-run enterprises.