Business Lunch

Welcome to a new episode of Business Lunch! Today, hosts Ryan Deiss and Roland Frasier delve deep into the practical applications and the realistic expectations of artificial intelligence in business. They discuss the current state of AI, debunking the hype and exploring its genuine impact on productivity and business strategy. From investment insights to AI's role across various business departments, this episode provides a grounded perspective on what AI truly offers to entrepreneurs.Highlights:"AI continues to amaze, it's the investors who are way ahead of the curve." "The conversation about AI isn't just about the technology; it's about how we're using it to make real business impacts." "AI isn't just a tool; it's becoming a central player in strategic business planning." "Implementing AI isn't just an option; it's a necessity for staying competitive." Timestamps:00:00 - Introduction: Breaking Down AI's Role in Business02:09 - Analyzing AI's Financial Impact and Investor Behavior03:27 - Evaluating AI Against Investor Expectations07:30 - AI's Evolution in Major Tech Companies10:15 - Discussion: Where AI Stands in the Hype Cycle12:35 - Practical Applications of AI in HR and Strategic Planning17:09 - In-Depth: AI's Integration Across Business Functions20:45 - Essential AI Tools and Their Business Applications25:40 - AI's Role in Enhancing Business Creativity and Efficiency28:42 - Providing 24/7 Customer Service Through AI30:41 - AI's Potential in Sales and Marketing34:10 - Final Thoughts: Embracing AI for Business InnovationCONNECT • Ask Roland a question HERE.RESOURCES:• 7 Steps to Scalable workbook • Get my book, Zero Down, FREETo learn more about Roland Frasier 👉  https://msha.ke/rolandfrasier/Connect with me on social:🎵 TikTok:  / rolandfrasier   📸  Instagram:  a...

Welcome to a new episode of Business Lunch with Roland Frasier and Ryan Deiss! Today, we dive deep into the nuances of direct response marketing, the importance of knowing your ideal client, and how this understanding transforms your brand messaging. Whether it's discussing the delicate balance between high-end perception and effective market reach or exploring specific strategies for engaging your audience without compromising brand integrity, this episode is packed with insights tailored for both up-and-coming and established businesses.Highlights:"You've got to be crystal clear on who your ideal client is.""Every business under the sun is only ever selling two things: transformation or identity reinforcement.""If you're not creating that initial attention and turning it into engagement almost immediately, you're going to miss.""No one test is going to bring down a brand; if it did, your brand was insanely fragile."Timestamps:00:00 - Introduction to Ideal Client Clarity01:00 - Surprise Discussion Topic with Ryan Deiss03:33 - Examining Marketing Shifts in High-End Brands07:39 - Historical Advertising Tactics and Brand Evolution10:12 - Practical Tips on Segmenting Your Audience15:34 - The Significance of Testing in Marketing18:18 - Direct Response Advertising in High-End Markets21:24 - Chanel's Marketing Strategy Analyzed23:59 - Framework for Assessing Marketing Impact25:24 - Closing Remarks on Testing and Brand IntegrityCONNECT • Ask Roland a question HERE.RESOURCES:• 7 Steps to Scalable workbook • Get my book, Zero Down, FREETo learn more about Roland Frasier 👉  https://msha.ke/rolandfrasier/Connect with me on social:🎵 TikTok:  / rolandfrasier   📸  Instagram:  a...

Welcome to a new episode of Business Lunch! In this episode, hosts Ryan Deiss and Roland Frasier dive into the importance of community, especially for entrepreneurs. They discuss the transformational power of getting together in person and how masterminds and advisory boards can significantly impact your business growth. From discussing large-scale entrepreneurship conferences to exploring the nuances between boards of directors and advisory boards, this episode offers a wealth of knowledge on scaling your business through strategic networking.Highlights:"Something changes when you're actually there in person; you’re missing out if you don't have that kind of community.""The magic isn't having a board of directors; it's about having peers that guide you.""You definitely do better when you have a board of directors, but it's hard to find peers to do that.""Masterminds accelerate your connectivity much more than anything else you could do."Timestamps:00:00 - Introduction and the importance of in-person meetings.00:44 - Welcome to Business Lunch Podcast.03:11 - The impact of COVID-19 on business networking.06:18 - Insights into joining paid groups and the value of exclusivity in networking.10:55 - Differences between various advisory and directors groups.17:13 - Personal experiences with masterminds and advisory boards.23:57 - The concept of a 'deconstructed board' and personalized advice networks.28:11 - Closing thoughts on choosing the right type of advisory setup for your needs.33:05 - Episode wrap-up and invitation to the next episode.CONNECT • Ask Roland a question HERE.RESOURCES:• 7 Steps to Scalable workbook • Get my book, Zero Down, FREETo learn more about Roland Frasier 👉  https://msha.ke/rolandfrasier/Connect with me on social:🎵 TikTok:  / rolandfrasier   📸  Instagram:  a...

Welcome to a new episode of Business Lunch! In this episode, Roland Frasier sits down with Jesse Jackson, one of his business partners and a successful entrepreneur who has scaled her automotive business to an eight-figure company in just a few years. Jesse shares her journey, the challenges she faced, and the strategies that helped her succeed, including the power of cold outreach and the importance of finding the right business partner. Whether you're interested in acquisitions, the automotive industry, or simply looking for inspiration, this episode is packed with valuable insights.Highlights:"You can’t help but have a deal arrive in your lap if you commit to cold outreach.""I’m a mom of seven, and if I can grow an eight-figure business, so can you.""Every business problem can be solved with a solid process.""You’re not taking something from someone; you’re giving them a gift by buying their business."Timestamps:00:35 - Introduction to Jesse Jackson 01:56 - Building an Eight-Figure Business 03:12 - Shifting from Software to Automotive09:29 - Choosing the Right Business to Buy 16:33 - Raising Capital and Investor Relations 18:43 - Overcoming Challenges in Acquisitions 24:06 - Hustling After Acquisitions 26:55 - Implementing Systems and SOPs29:49 - Franchising vs. Company-Owned Expansion 35:46 - Final Advice and Encouragement CONNECT • Ask Roland a question HERE.RESOURCES:• 7 Steps to Scalable workbook • Get my book, Zero Down, FREETo learn more about Roland Frasier 👉  https://msha.ke/rolandfrasier/Connect with me on social:🎵 TikTok:  / rolandfrasier   📸  Instagram:  a...

Welcome to a new episode of Business Lunch! In today's discussion, hosts Roland Frasier and Ryan Deiss dive into the nuances of the FIRE (Financial Independence, Retire Early) movement. They explore the philosophy behind early retirement, the potential pitfalls of extreme frugality, and the importance of balancing financial planning with enjoying life in the present. The conversation offers valuable insights on how to approach financial independence without sacrificing the joy of living.Highlights:"Life is short and life is long—you never know which it's going to be.""What are you retiring to? The most miserable people are those who retire into nothing.""You can have both—financial independence and a rich life.""Don't defer joy; balance your financial goals with living fully today."Timestamps:00:00 - Core Belief of FIRE01:03 - Introducing Retirement02:37 - FIRE Variations08:26 - Risks of Deferring Life Events11:13 - Balancing Financial Goals and Enjoyment13:49 - Having Children and FIRE18:16 - Advice on How to Do FIRE Right20:47 - Importance of Meaningful Work25:27 - Dangers of Retiring from Hate27:34 - Conclusion and Wrap-upCONNECT • Ask Roland a question HERE.RESOURCES:• 7 Steps to Scalable workbook • Get my book, Zero Down, FREETo learn more about Roland Frasier 👉  https://msha.ke/rolandfrasier/Connect with me on social:🎵 TikTok:  / rolandfrasier   📸  Instagram:  / rolandfrasier  📱 Facebook:a...

Welcome to a new episode of Business Lunch! In this episode, Roland Frasier and Ryan Deiss have a discussion about the genius behind Duolingo's marketing strategies. From the brand's bold use of emotional blackmail to keep users engaged to the fine line between effective persuasion and manipulation, this conversation unpacks the lessons that all marketers can learn. Discover how to balance brand personality, customer retention, and ethical marketing, with insights drawn from one of the most successful language learning platforms in the world.Highlights:"The best marketers and businesses lead, even when it means taking arrows.""Is it unethical to manipulate your audience if it serves their best interests?""Duolingo's brilliance lies in making you feel like you’ve failed – in the best way.""A brand’s personality can make or break its connection with customers."Timestamps:00:00 The Power of Leadership in Marketing01:04 Welcome and Catch-Up02:09 Duolingo’s Unique Brand Personality05:35 The Ethics of Manipulative Marketing10:16 The Fine Line Between Encouragement and Manipulation16:08 Defining Success for Your Customers20:37 Guilt and Shame in Marketing24:47 Earning the Right to Push Your Customers29:14 Differentiating Your Brand’s Personality35:45 Applying Duolingo’s Tactics to Your BusinessCONNECT • Ask Roland a question HERE.RESOURCES:• 7 Steps to Scalable workbook • Get my book, Zero Down, FREETo learn more about Roland Frasier 👉  https://msha.ke/rolandfrasier/Connect with me on social:🎵 TikTok:  / rolandfrasier   📸  Instagram: 

Welcome to a new episode of Business Lunch! In this session, we dive into the complexities of tax management and business scaling with John Briggs, a tax expert and business strategist from Insight Tax. John shares his journey from struggling with traditional employment to building a thriving business that helps entrepreneurs navigate the intricate world of taxes. Roland Frasier, your host, explores John’s insights on operational efficiency, the impact of proper entity selection, and strategic hiring practices that can propel a business forward.Highlights:"Owning a business made more sense through the trial of hard knocks." "By being smarter with processes, you can actually work less." "Our first project with robotic process automation... will save us a significant amount in labor costs." "Structure is a big issue... making sure they understand how expenses work is the biggest opportunity." Timestamps:00:00 - Introduction02:53 - Insight Tax and the Entrepreneurial Mindset05:25 - Transitioning from Employment to Entrepreneurship08:25 - The Evolution of Insight Tax and Operational Efficiency13:14 - Implementing Robotic Process Automation16:06 - Scaling the Team from 30 to Over 20020:02 - Strategic Partnerships and Business Growth23:34 - Publishing the 3.3 Rule and Insightful Insights28:11 - S Corp Benefits and Reasonable Compensation Strategies31:33 - Exploring Deductions: Ordinary and Necessary Expenses34:22 - The Misconceptions of Tax Deductions in Digital Marketing37:53 - The Line Between Business and Personal Expenses40:00 - Closing Remarks and Further ResourcesCONNECT • Ask Roland a question HERE.RESOURCES:• 7 Steps to Scalable workbook • Get my book, Zero Down, FREETo learn more about Roland Frasier 👉  https://msha.ke/rolandfrasier/Connect with me on social:🎵 TikTok:  / rolandfrasier   📸  Instagram:  a...

Welcome to a new episode of Business Lunch! Today, Roland Frasier sits down with his longtime friend and business partner, DeAnna Rogers. Together, they discuss DeAnna's journey of overcoming fear to successfully acquiring and growing businesses. Through candid insights and personal anecdotes, DeAnna reveals the challenges and triumphs of her entrepreneurial path, and the crucial role of mindset in achieving success. Whether you're an aspiring entrepreneur or a seasoned business owner, her story will motivate you to step out of your comfort zone and seize opportunities. Tune in for a dose of inspiration and actionable advice!Highlights:"When you believe in something, and you want it, and you're passionate about it, then you'll do it. You'll live it.""You have to be passionate and excited. When they see that you believe in yourself, then they know you’ll believe in them.""It's all about mindset. The confidence to do it comes from just getting out there and doing it.""Opportunities are everywhere if you’re curious, observant, and ready to connect."Timestamps:00:00 - Introduction01:49 - DeAnna's Story04:25 - DeAnna’s First Business Acquisition07:02 - Food Truck Park Deal12:16 - Consulting for Equity19:31 - How DeAnna’s Event Management Skills Translated into Growth.22:26 - Confidence and Personality in Business Deals.29:49 - DeAnna’s Venture into an Accounting Business.34:12- How DeAnna Strategized her Business Acquisition Deals.41:14 - DeAnna's Advice on Overcoming Mindset BarriersCONNECT • Ask Roland a question HERE.RESOURCES:• 7 Steps to Scalable workbook • Get my book, Zero Down, FREETo learn more about Roland Frasier 👉 https://msha.ke/rolandfrasier/Connect with me on social:🎵 TikTok: / rolandfrasier 📸 Instagram: / rolandfrasier 📱 Facebook: / rolandfrasierpage 💼 LinkedIn: / rolandfrasier Subscribe to Roland Frasier 👉 / @rolandfrasierepic Mentioned in this episode:Get Roland's Training on Acquiring Businesses!Discover The EXACT Strategy Roland Has Used To Found, Acquire, Scale And Sell Over Two Dozen Businesses With Sales Ranging From $3 Million To Just Under $4 Billion! EPIC Training

Welcome to a new episode of Business Lunch! Today, Roland Frasier and Ryan Deiss discuss the real-life challenges of entrepreneurship, personal growth, and finding that elusive work-life balance. They emphasize the importance of maintaining non-work activities for a fulfilling life. Discover practical strategies for financial resilience, the power of fresh perspectives in business, and the myth of work-life balance. Tune in for an honest conversation that goes beyond the usual “everything's great” facade and provides actionable advice for thriving in both business and life.Highlights: "Anybody who, when you ask them like, 'Oh, how's it going?' If they're always like, 'great,' you're probably not that close to them.""It's very possible to be self-employed or start a business from scratch and still have a family life. You will work differently than a nine to five typical job.""There's a big difference between being an entrepreneur and being self-employed. You have to be responsible for the allocation of your time."Timestamps:00:00 - Real Talk on Entrepreneurship00:18 -  Reflecting On New Year's Resolutions01:14 - Honest Conversations02:10 - Cash Reserves Strategy03:31 - Operating Expenses Reserve06:26 - Andy Jassy's Leadership at Amazon09:10 - Setting a Rallying Theme11:07 - Metrics and Goals12:34 - Work-Life Balance Myth15:27 - Time Management for EntrepreneursCONNECT • Ask Roland a question HERE.RESOURCES:• 7 Steps to Scalable workbook • Get my book, Zero Down, FREETo learn more about Roland Frasier 👉  https://msha.ke/rolandfrasier/Connect with me on social:🎵 TikTok:  / rolandfrasier   📸  Instagram: 

Welcome to a new episode of Business Lunch! Today, we’re looking back at some of Roland Frasier and Ryan Deiss’ discussions. They cover the Hermes anti-trust allegations, Alex Hormozi’s content creation experiment, and Jeff Bezos’ thoughts on the myth of work/life balance and how it could be harmful to workers and business owners alike.Highlights:"Jeff Bezos says that work life balance is a “debilitating phrase” and that work and life are actually a circle."“It's actually significantly less expensive to buy a Birkin in Hermes than it is to buy one on the secondary market."“The grind of going out there and producing tons and tons of content just to grow the audience. If you're doing this as a business owner, not as a celebrity, not as an entertainer, if you're doing this to grow your business brand, it just wasn't worth it.”Timestamps:00:00 - Intro00:15 - Discussing the Hermes Birkin Bag Lawsuit01:43 - Analyzing the Legality of Hermes' Sales Practices04:46 - Alex's Shift to Educational Content05:45 - The Challenges of Chasing Views vs. Quality07:22 - Turning Off Alex's Content Due to Irrelevance08:52 - Bezos on Work-Life Balance as a "Debilitating Phrase"09:12 - Bezos' Perspective on Work and Life as a "Circle"CONNECT • Ask Roland a question HERE.RESOURCES:• 7 Steps to Scalable workbook • Get my book, Zero Down, FREETo learn more about Roland Frasier 👉  https://msha.ke/rolandfrasier/Connect with me on social:🎵 TikTok:  / rolandfrasier   📸  Instagram:  / rolandfrasier  📱 Facebook:a...

Welcome to a new episode of Business Lunch! In this episode, hosts Roland Frasier and Ryan Deiss discuss key strategies for maximizing business efficiency and fostering innovation. Drawing lessons from Amazon's turnaround under Andy Jassy, they explore actionable insights that can be applied to businesses of all sizes, from small startups to large enterprises. Tune in to learn about the importance of process mapping, streamlining operations, and balancing innovation with operational efficiency to drive profitability and growth.Highlights:"What gets measured gets managed—if you don't know the process, you can't improve it.""The CEO at scale is fundamentally the chief communications officer.""You can optimize only after you visualize; mapping out your processes is the first step to improvement.""Creating a safe space for employee ideas is crucial for fostering an innovative company culture."Timestamps:00:00 - The Importance of Process Mapping for All Business Sizes01:03 - Case Study: Amazon’s Turnaround04:42 - Streamlining Operations07:08 - How to Access Resources on BPO10:24 - The Role of CEOs in Quality Control and Oversight16:09 - Encouraging Innovation Among Employees18:39 - Business Strategies in a Post-Pandemic World22:19 - Personal Touch in Leadership During Transition Periods27:23 - Communicating Effectively as a CEO 32:37 - ConclusionCONNECT • Ask Roland a question HERE.RESOURCES:• 7 Steps to Scalable workbook • Get my book, Zero Down, FREETo learn more about Roland Frasier 👉  https://msha.ke/rolandfrasier/Connect with me on social:🎵 TikTok:  / rolandfrasier   📸  Instagram:  a...

Welcome to a New Episode of Business Lunch! This episode is all about the transformative leadership strategies employed by Andy Jassy, the CEO of Amazon, after taking over from Jeff Bezos. Roland and Ryan explore the significant measures Jassy implemented to steer Amazon towards renewed profitability and operational efficiency, discussing both the benefits and potential pitfalls of these changes. The episode also emphasizes the importance of embracing frugality, the power of a fresh perspective, and the critical role of engaging with stakeholders. Highlights:"The power of a fresh perspective can't be underestimated.""Frugality is a campaign of efficiency, not just cost-cutting.""Engaging with shareholders can prevent blind trust and ensure transparency.""Every business from time to time needs to reevaluate its expenses."Timestamps:00:43 - Welcome and Introduction20:62 - 4th of July Weekend Stories05:06 - Transition to Business Topics07:32 - Andy Jassy's Fresh Perspective10:20 - Importance of Themes and Metrics13:54 - Embracing Frugality and Efficiency18:21 - Innovation and the Risk of Over-Cutting25:00 - Role of Everyone in Innovation31:17 - Engaging with Shareholders and Investors37:06 - Summary and Parting ThoughtsCONNECT • Ask Roland a question HERE.RESOURCES:• 7 Steps to Scalable workbook • Get my book, Zero Down, FREETo learn more about Roland Frasier 👉  https://msha.ke/rolandfrasier/Connect with me on social:🎵 TikTok:  / rolandfrasier   📸  Instagram:  / rolandfrasier  📱 Facebook:a...

Welcome to a new episode of Business Lunch! In this episode, Roland Frasier and Ryan Deiss tackle the controversial topic of 'shadow standards' in the workplace. They explore the ethics and implications of employees outsourcing their own jobs to other workers, often in other countries, without their employers' knowledge. The discussion touches on the legal, ethical, and practical ramifications of this growing trend and offers insights into how both employees and employers can navigate this complex landscape.Highlights:"Employees are outsourcing their jobs, effectively becoming mini-agencies themselves.""Is it deceptive if you wouldn’t proudly announce what you’re doing?""Good employers will always support efficiency and innovative ideas.""Outsourcing your job without transparency is setting yourself up for liability."Timestamps:00:00 - Introduction 01:12 - The Great Resignation and Quiet Quitting02:49 - Ethical Dilemma: Outsourcing Personal Jobs05:30 - Employer Perspective on Shadow Standards08:49 - Legal and Security Implications12:19 - Hypocrisy and Exploitation in Shadow Work14:41 - Building a Team Ethically and Transparently18:35 - Crucial Policies and Handbook Updates20:31 - Encouraging Transparent Efficiency23:02 - The Problem with Shadow Work24:37 - The Value of High-Level Employees30:55 - Conclusion and TakeawaysCONNECT • Ask Roland a question HERE.RESOURCES:• 7 Steps to Scalable workbook • Get my book, Zero Down, FREETo learn more about Roland Frasier 👉  https://msha.ke/rolandfrasier/Connect with me on social:🎵 TikTok:  / rolandfrasier   📸  Instagram:  a...

Welcome to a new episode of Business Lunch! Today, Roland Frasier is joined by the renowned network marketing expert, Eric Worre. In this episode, Eric shares his incredible journey from starting in network marketing at 23 to becoming a successful entrepreneur, coach, and mentor. He discusses the rise of social media, the importance of building a personal brand, and the value of community in network marketing. Eric also reveals insights into his decision to build a $25 million studio and his plans for the future. Get ready for an inspiring conversation filled with valuable lessons for entrepreneurs and business enthusiasts alike.Highlights:"Network marketing can't really be understood from the outside; it has to be experienced.""The gift of desperation is one of the greatest gifts you could have.""Whoever talks to the most people wins.""If you're not making money and you have this [smartphone], it's on you."Timestamps:00:00 - Introduction to Eric Worre and His Journey03:33 - The Impact of Social Media on Network Marketing08:00 - Building the Network Marketing Pro Brand12:00 - The Importance of Risk Tolerance in Business16:25 - Finding the Right Rooms for Growth20:50 - Utilizing Network Marketing as a Distribution Channel27:34 - Emotional Strength Required for Network Marketing31:26 - Developing a Personal Brand in Network Marketing36:32 - Building Community from Scratch38:28 - How to Connect with Eric WorreCONNECT • Ask Roland a question HERE.RESOURCES:• 7 Steps to Scalable workbook • Get my book, Zero Down, FREETo learn more about Roland Frasier 👉  https://msha.ke/rolandfrasier/Connect with me on social:🎵 TikTok:  / rolandfrasier   📸  Instagram:  a...

Welcome to a new episode of Business Lunch! In this episode, hosts Roland Frasier and Ryan Deiss discuss essential strategies for businesses to not just survive but thrive during economic downturns. They cover topics such as diversifying revenue streams, reducing debt, leveraging AI, and much more to ensure your business remains resilient and profitable.Highlights:"Investing in technology can cut costs and boost efficiency.""Strengthen your customer relationships; they're your most valuable asset.""Always be upskilling your employees to enhance their value."Timestamps:00:00 - Diversifying Revenue Streams: The Smart Way01:17 - Introduction and Current Business Climate02:28 - Economic Shifts and Business Adjustments05:00 - Indicators of Economic Recession06:14 - Building Cash Reserves for Stability08:08 - Reducing Debt to Free Up Cash Flow10:14 - Reassessing and Prioritizing Expenses17:11 - Leveraging AI for Cost Reduction18:54 - Upskilling Employees for Greater Efficiency27:41 - Acquisitions as Growth OpportunitiesCONNECT • Ask Roland a question HERE.RESOURCES:• 7 Steps to Scalable workbook • Get my book, Zero Down, FREETo learn more about Roland Frasier 👉  https://msha.ke/rolandfrasier/Connect with me on social:🎵 TikTok:  / rolandfrasier   📸  Instagram:  / rolandfrasier  📱 Facebook:a...

Welcome to a new episode of Business Lunch with Roland Frasier and Ryan Deiss! In today's episode, we dive deep into the critical challenges of lead conversion, exploring how businesses can shorten sales cycles and improve conversion rates. Roland and Ryan share their latest insights and strategies, focusing on the power of pillar content and effective follow-up techniques. They discuss real-world data and experiences, revealing what works and what doesn't in today's competitive market. Whether you're in B2B or B2C, selling products or services.Highlights:"The faster we followed up, the less it made a difference; it’s the quality of engagement that counts.""Differentiation is key – without a compelling offer, you're just another option on a crowded shelf.""What is the one piece of content that you wish everyone would see before making a decision? That’s your pillar content.""We found that the ungated content on YouTube drove more qualified leads than traditional methods."Timestamps:00:00 - The Challenge of Differentiation01:13 - Welcome and Introductions04:45 - Achieving Top 200 Podcast Status05:50 - Slow Growth and Sales Data Insights10:00 - Consumer Skepticism and Marketing Claims17:28 - Testing Speed to Lead and Volume20:00 - Importance of Pillar Content28:27 - Step-by-Step Implementation34:32 - Optimizing Lead Follow-Up39:57 - Final Thoughts and Call to ActionCONNECT • Ask Roland a question HERE.RESOURCES:• 7 Steps to Scalable workbook • Get my book, Zero Down, FREETo learn more about Roland Frasier 👉  https://msha.ke/rolandfrasier/Connect with me on social:🎵 TikTok:  / rolandfrasier   📸  Instagram:  a...

Welcome to a new episode of Business Lunch with hosts Roland Frasier and Ryan Deiss. In this episode, we discuss the importance of shifting from a victim mentality to taking active control of one’s life and reflect on powerful commencement speeches by Nora Ephron, Kurt Vonnegut, and Steve Jobs, extracting timeless wisdom applicable to today’s socio-political climate. Highlights:"You are the person that needs to make the change in your life. It's how we deal with the things that happen to us that empower us.""Remembering that you're going to die is the best way I know to avoid the trap of thinking that you have something to lose.""Our whole world right now feels very punishment-based, not ameliorative like how do we make it better."Timestamps00:00 - Introduction00:42 - It’s graduation season.01:21 - The value of commencement speeches02:06 - Reflection on powerful commencement speeches.02:45 - Nora Ephron's speech at Wellesley College.04:30 - The core plot of every great story.04:51 - Kurt Vonnegut on living without vindictiveness.05:48 - Maturity and letting go of the need to settle scores.07:32 - The importance of grace and support over punishment.09:02 - Steve Jobs' speech.CONNECT • Ask Roland a question HERE.RESOURCES:• 7 Steps to Scalable Workbook • Get my book, Zero Down, FREETo learn more about Roland Frasier 👉  https://msha.ke/rolandfrasier/Connect with me on social:🎵 TikTok:  / rolandfrasier   📸  Instagram:  / rolandfrasier  📱 Facebook:a...

Welcome to a new episode of Business Lunch. In today’s episode, we dive into the unorthodox management styles of tech titans like Jeff Bezos and Elon Musk. From vacation policies that gauge scalability to the famous two-pizza rule, uncover how these leaders shape their companies in ways that defy the norm. Highlights:"It’s about breaking that habit of just wanting to stay in that cycle of work because it’s also good to separate yourself from it.""If you’ve got 100 people and you’ve got ten 10-person teams, I like that because then the teams can be competitive and be held accountable to each other.""Leadership is ultimately about saying 'This is the hill we’re going to take; you need to march in that direction.'"Timestamps:00:00 - Introduction to Management Styles00:45 - Start of the Episode02:12 - The 30-Day Vacation Metric04:20 - Unorthodox Management Philosophies05:38 - The Two-Pizza Rule06:01 - Team Performance07:15 - Hierarchical Team Management08:50 - Comparing Management Styles10:00 - The Role of Middle ManagementCONNECT • Ask Roland a question HERE.RESOURCES:• 7 Steps to Scalable workbook • Get my book, Zero Down, FREETo learn more about Roland Frasier 👉  https://msha.ke/rolandfrasier/Connect with me on social:🎵 TikTok:  / rolandfrasier   📸  Instagram:  / rolandfrasier  📱 Facebook:a...

Welcome to a new episode of Business Lunch! Today, we dive into a topic that's critical for every business owner and entrepreneur: accounting and finance. We'll explore how to make financial data work for you, ensuring it provides the insights needed to make informed decisions. Join us as we discuss practical tips, personal stories, and strategies to bridge the gap between raw financial data and actionable business insights.Highlights:"As an entrepreneur, it's crucial to ensure your financial data is not just reported but truly understood and actionable.""The difference between helpful and unhelpful financial data can make or break your decision-making process.""Entrepreneurs must demand financial reports that reflect realistic projections, not just worst-case scenarios.""If your financial reports are depressing, it's time to change the narrative and include projections for success."Timestamps00:00 - The importance of understanding financial data.01:03 - Challenges and misconceptions about accounting.04:14 - The impact of daily financial reports 06:38 - Entrepreneurial optimism and conservative financial reporting.09:27 - Balancing realistic financial reporting with positive entrepreneurial outlook.13:37 - The importance of getting accurate financial data16:13 - The necessity of purging unhelpful data and reports regularly.18:31 - Transitioning from cash-based accounting to accrual-based accounting24:54 - Dealing with financial reporting changes and the impact on perceived profitability.31:45 - Strategies to structure financial reporting that empowers business growth.CONNECT • Ask Roland a question HERE.RESOURCES:• 7 Steps to Scalable workbook • Get my book, Zero Down, FREETo learn more about Roland Frasier 👉  https://msha.ke/rolandfrasier/Connect with me on social:🎵 TikTok:  / rolandfrasier   📸  Instagram:  a...

Welcome to a new episode of Business Lunch! In this episode, Ryan Deiss walks us through the ins and outs of managing business finances. He explains the potential pitfalls of keeping more than a month's worth of operating expenses in the account. He explains how that can lead to complacency and unnecessary spending. He also explains how business can cover unexpected events and tricky payroll situations, like those pesky months with three payroll cycles or prepaying for holidays. We go beyond the glamor of being an entrepreneur to the real details behind the scenes.Highlights:"We're very big on lifestyle and freedom and all those kinds of things. But it's also important to acknowledge that it's not a perfect situation very often.""There are times when things are absolutely amazing. And there's times when things could frankly be a hell of a lot better. And I think that's called life. I think that's called entrepreneurship""If we're buying a business, I hate the agreement part. I love negotiation and strategy. But when it comes to reading a 75-page document, I just absolutely can't stand it."Timestamps:00:00 - Operating Account Insight01:15 - Personal Calendar Reflection02:15 - Acknowledging Imperfections03:15 - Loving Strategy but Hating Legal Work06:52 - The Reality of Entrepreneurship07:39 - Cyclicality in Business08:54 - Handling Excess Profit10:20 - Minimum Operating Reserve10:37 - Importance of Operational Cash10:44 - Prepaying Payroll ChallengesCONNECT• Ask Roland a question HERE.RESOURCES:• 7 Steps to Scalable workbook • Get my book, Zero Down, FREETo learn more about Roland Frasier   https://msha.ke/rolandfrasier/Connect with me on social: TikTok:  / rolandfrasier  Instagram:  / rolandfrasier  Facebook:  / rolandfrasierpage  LinkedIn:  / rolandfrasier  Subscribe to Roland Frasier     / @rolandfrasierepicMentioned in this episode:Get Roland's Training on Acquiring Businesses!Discover The EXACT Strategy Roland Has Used To Found, Acquire, Scale And Sell Over Two Dozen Businesses With Sales Ranging From $3 Million To Just Under $4 Billion! EPIC Training