When to Scale Your Business - EP 390
365 Driven
Can every business truly become a multimillion-dollar empire, or is this just a myth fueled by societal pressure and social media comparisons? Let's uncover the reality behind scaling in business and challenge the notion that it's a necessity for success. In this solo episode, Tony delves into the often misunderstood world of business scaling, exploring how some entrepreneurs have been led astray by chasing revenue targets for validation rather than necessity. Tony dissects the pressures that can lead to burnout and emphasizes defining personal success on your own terms. Whether your goal is...
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Building a Successful Franchise - with Michael Hartel - EP 389
365 Driven
Michael Hartel, a former coaching client and now a successful entrepreneur, shares his remarkable journey from academia to founding a flourishing home services company. Michael's transition was sparked by a moment of clarity in a corporate cafeteria, leading him from material science to the world of entrepreneurship. This conversation explores his path from real estate endeavors to launching a general contracting business, emphasizing customer service and reliability. You’ll hear how Michael's dedication and strategic mindset have enabled him to build a business that now operates as a...
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Driving Change Through Passion - with Vinny Giglio - EP 388
365 Driven
Vinny Giglio, better known online as Vin Giggs, joins Tony for a captivating journey through the intertwined worlds of luxury cars and business success. From his early fascination with the Audi R8, inspired by Iron Man, to owning a fleet of high-end vehicles, Vinny's story is a testament to how passion can fuel entrepreneurial ambition. His adventures in the Los Angeles supercar scene opened doors to meaningful connections and new opportunities. Yet, as his collection grew, so did his focus on quality experiences over quantity, transforming his automotive pursuits into a vehicle for personal...
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Cultivating Audacity - with Anne Marie Anderson - EP 387
365 Driven
Anne Marie Anderson is a three-time Emmy Award-winning broadcaster, keynote speaker, and author. Anne Marie shares her extraordinary journey from a temporary position at ESPN to covering the world’s most prestigious sporting events like the NFL and the Olympics. In her new book, "Cultivating Audacity: Dismantle Doubt and Let Yourself Win," set to release on January 1st, 2025, Anne Marie offers profound insights into the audacity it takes to overcome fear and doubt. She discusses how being surrounded by elite performers has shaped her mindset and motivated her to embrace failure as a...
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Rich Brand, Poor Brand - with David Brier - EP 386
365 Driven
David Brier, a global authority on branding, joins us to share insights from his upcoming book, "Rich Brand, Poor Brand: How to Unleash Your David in a World of Goliaths." Together, David and Tony unpack how visionary leaders like Steve Jobs and Elon Musk have harnessed their personal influence to forge iconic brands and discuss the often underestimated power of personal branding within the corporate structure. Branding is more than a facade; it’s the art of differentiation that drives business success. David makes the case for branding as a foundational element that sets the stage for...
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Ancient Philosophies for Leadership and Growth - with Alex Petkas - EP 385
365 Driven
Discover the blend of ancient wisdom and modern entrepreneurship as Tony welcomes Alex Petkas, a scholar in classics and philosophy, to share his riveting transformation from an uninspired student to a seeker of profound truths. Driven by a thirst for meaning, Alex unveils how ancient texts, particularly those of Marcus Aurelius, shaped his worldview and business philosophy. His journey from the academic halls of Princeton to the realization that traditional education often misses the mark reveals a quest to make ancient philosophies accessible and relevant in today's fast-paced world....
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Unlocking Levels of Awareness with Jay & Beth Robb - EP 384
365 Driven
In this episode I talk with Jay & Beth Robb, a great couple with a lifestyle focused mission in entrepreneurship. Jay has over 40 years in the health and wellness space, as a former gym owner and also a sports nutrition and supplements brand.
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Unveiling Fake Influence - with Ken Okazaki - EP 383
365 Driven
Ever wondered about the truth behind those glamorous Instagram profiles flaunting thousands of followers? This special episode features Tony as a guest on The Content Capitalists Podcast with Ken Okazaki, and together they pull back the curtain on the world of social media influencers. Tony and Ken tackle the ethical quagmire of fake influence, the notorious "fake it till you make it" mentality, and why authenticity is the ultimate currency in today's digital age. Tony and Kevin also take a humorous spin on the influencer phenomenon, poking fun at the extravagant and often...
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Building a Business Beyond the 9-to-5 - with Paul Povolni - EP 382
365 Driven
What happens when a side hustle becomes your main hustle, surpassing your traditional career in income and fulfillment? This special episode features Tony as a guest on the Headsmack Podcast hosted by Paul Povolni. In this interview, Tony takes you through his journey from an engineering career in oil and gas to launching a seven-figure automotive online business. He shares the invaluable lessons he learned on this transformative journey, emphasizing the power of side hustles as a creative outlet and a path to personal and financial success. You'll learn how overcoming the fear of leaving...
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Mental Health and Emotional Resilience with Alison Lager - EP 381
365 Driven
Psychotherapist and entrepreneurial powerhouse Alison Lager joins Tony on the 365 Driven podcast to uncover the vital connection between mental health and entrepreneurship. With her extensive experience in psychotherapy and business ownership, Alison offers a fresh perspective on managing stress and burnout. As societal pressures and significant events intensify the mental health crisis, Alison passionately emphasizes the importance of mental health awareness for entrepreneurs striving for holistic success in wealth, health, mindset, and relationships. Alison tackles the theme of emotional...
info_outlineLaurie Barkman is known as the “Business Transition Sherpa”, and in this episode, she dives into the terrain of building, valuing, and selling your business. Laurie brings her expertise to the table, sharing strategies from her book "The Business Transition Handbook" to help entrepreneurs mitigate risks and enhance their company's worth. Her experiences as a CEO provide a practical backdrop, stressing the importance of maintaining focus during major transitions and preparing for the rigor of due diligence and integration. Laurie also peels back the emotional layers owners face when parting with their business, emphasizing the need for a thoughtful exit plan for all parties involved.
Listen in as Laurie and Tony unpack the nuances of creating enterprise value, especially through strategic marketing. Reflecting on the evolution of retail in the digital age, this episode emphasizes the critical role of metrics such as Customer Acquisition Cost and Lifetime Value, retention, and churn rates. These indicators are not just buzzwords; they're vital to a company's financial narrative and can dramatically influence its market value. Whether you're a tech startup guru or a small business owner, this discussion offers actionable insights on harnessing data to build a more resilient and valuable business.
In this comprehensive discussion, Laurie and Tony also tackle the personal and pragmatic aspects of selling a business, from the initial readiness to the emotional aftermath. Laurie's tales of entrepreneurs post-sale highlight the transformational nature of these transactions. Don't miss out on these vital conversations that could shape the future of your business legacy.
Key highlights:
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Creating Enterprise Value Through Strategic Marketing
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Building Valuable and Sustainable Businesses
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Understanding Business Valuation Multiples
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Navigating the Business Sale Process
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Private Equity Buyouts and Acquisitions
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Legacy and Entrepreneurship Transition Strategy
Connect with Laurie Barkman:
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Website: thebusinesstransitionsherpa.com
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Instagram: @lauriebarkman
Connect with Tony Whatley:
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Instagram: @365driven
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Facebook: 365 Driven
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LinkedIn: Tony Whatley