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Business Lunch
Roland Frasier
Roland Frasier, Entrepreneur host of Business lunch
- 29 minutes 14 secondsThe Pros and Cons of Musk's "Demon Mode"
Welcome to a new episode of Business Lunch! In this episode, Roland Frasier and Ryan Deiss discuss Elon Musk's unique approach to problem-solving, where he reportedly solves his companies' biggest problems in a matter of weeks. They analyze the pros and cons of Musk's leadership style, including his willingness to make tough decisions and the potential impact on employees. The hosts also explore whether this approach can be replicated by other business leaders.
Highlights:
"He just came in there and went just ape, you know, and kind of gutted everybody who was essentially middle management."
"The fundamental job, the single most important job that any CEO has, is determining what is the company's right next thing."
"I do love the idea of saying, like, we are going to solve this problem in weeks, to say that every single thing that is our biggest problem can always be solved in a singular week."
"If you're a leader, and if you decide that you're going to take on the role of solving a particular problem in your team, I don't think that's necessarily a bad thing, because, frankly, your people probably are above full capacity already."
Timestamps:
00:00 - Elon Musk's Approach to Problem-Solving
01:20 - Musk's Ability to Solve Problems Quickly
03:08 - Identifying the Real Problem
07:03 - Feasibility of Musk's Approach
09:01 -Downsides of Musk's "Demon Mode"
12:38 - The CEO's Role in Determining the Right Next Thing
13:40 - Shortening the Unit of Measurement
15:00 - Empowering Middle Management
20:00 - Communicating the Problem-Solving Approach
26:35 - The Sustainability of Elon Musk's Approach
CONNECT
• Ask Roland a question HERE.
RESOURCES:
• 7 Steps to Scalable workbook
• Get my book, Zero Down, FREE
To learn more about Roland Frasier 👉 https://msha.ke/rolandfrasier/
Connect with me on social:
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!
17 January 2025, 6:39 pm - 37 minutes 3 secondsRethinking Corporate Budgeting: Lessons from a CEO's Radical Experiment
Welcome to a new episode of Business Lunch! In this episode, hosts Ryan Deiss and Roland Frasier discuss a recent article about a CEO who overhauled his company's budgeting process, moving from annual to quarterly cycles and reorganizing teams every 90 days. They explore how this approach could be applied to smaller businesses and share insights from their own "scalable operating system" philosophy.
Highlights:
"Budgets represent the worst of corporate bureaucracy."
"The annual plan is the worst unit of measurement that there is."
"Every 90 days, people can flow between teams, money can flow between teams, and you're working on the most important thing for the next 90 days."
"The organizational structure is just whatever that structure needs to be to support the goals of the company today."
Timestamps:
00:00 - Introduction
05:00 - Comparing the hosts' existing planning process to the quarterly approach
08:05 - Pros and cons of quarterly comprehensive company reorganization
12:41 - How a quarterly team-based approach could work for smaller companies
15:00 - Determining who should decide the team composition and how
20:00 - Outlining the roles of the project lead, core team, and support team
25:00 - Discussing the project lead's authority to reprioritize team members
27:10 - Identifying the different team categories: core, support, and stakeholders
29:31 - Explaining the role of stakeholders in the project review process
31:02 - Final thoughts
CONNECT
• Ask Roland a question HERE.
RESOURCES:
• 7 Steps to Scalable workbook
• Get my book, Zero Down, FREE
To learn more about Roland Frasier 👉 https://msha.ke/rolandfrasier/
Connect with me on social:
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!
10 January 2025, 9:40 pm - 1 hour 15 minutesRiding the Waves of Disruption: Trends to Watch in 2025
Welcome to a new episode of Business Lunch! In this episode, hosts Roland and Ryan engage in a lively discussion about their predictions for the business landscape, technology trends, and marketing strategies for the year 2025. They cover a wide range of topics, from the expected surge in M&A activity to the rise of micro-influencers and the decline of traditional trade shows. The conversation provides valuable insights and a glimpse into the future, as the hosts share their perspectives on the winners and losers in the ever-evolving business world.
Highlights:
"I think that the people that don't automate will be big, big losers in the automation category."
"I think the winners are going to be the brands that are willing to do the untrackable, the people willing to do the quote, unquote unscalable."
"I think the people that don't keep up are going to have big challenges”
"I think the winners are going to be the owners of those businesses who sell at giant multiples to private equity firms that pay too much with other people's money, but then ultimately never have to really be accountable for that."
Timestamps:
00:31 - Welcoming the New Year and Predictions
02:58 - Business Winners and Losers
07:53 - The Rise of Gemini and the Threat to Google Search
12:08 - The Importance of the Internet and Online Presence
17:43 - The Pros and Cons of Subscription Models
23:31 - The Potential Regulation of Social Media
29:24 - The Decline of Apple Products
35:12 - The Importance of First-Party Data and Brand-Building
57:11 - Trends to Watch in 2025
CONNECT
• Ask Roland a question HERE.
RESOURCES:
• 7 Steps to Scalable workbook
• Get my book, Zero Down, FREE
To learn more about Roland Frasier 👉 https://msha.ke/rolandfrasier/
Connect with me on social:
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!
7 January 2025, 7:56 pm - 22 minutes 56 secondsFrom Conversations to Cash: The Art of Networking
Welcome to a new episode of Business Lunch! In today’s episode, Roland Frasier dives into the concept of turning casual conversations into lucrative business opportunities. Drawing from personal experiences and industry insights, Roland discusses how to make thoughtful connections, earn referral fees, and create value without being pushy. Whether you're a seasoned entrepreneur or just starting out, this episode is packed with advice on building a profitable network.
Highlights:
"There’s so much money floating around; you just have to connect the dots."
"Don’t hold opportunities hostage—be a value enhancer."
"You don’t need to be an extrovert, just thoughtful and curious."
"Ask one question: ‘How’s business?’ It can lead to incredible opportunities."
Timestamps:
00:00 - Introduction
01:25 - Conversations to Cash
03:22 - Overcoming Fear of Deals
05:00 - Why holding opportunities hostage backfires
06:35 - The Referral Economy
10:00 - Creating Win-Win Relationships
14:12 - Big Referral Wins
17:35 - Thoughtfulness Pays Off
20:00 - Daily Questions for Success
20:40 - Closing Remarks
CONNECT
• Ask Roland a question HERE.
RESOURCES:
• 7 Steps to Scalable workbook
• Get my book, Zero Down, FREE
To 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
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!
20 December 2024, 3:04 pm - 34 minutes 59 secondsBeyond Discounts: The Future of Black Friday
Welcome to a new episode of Business Lunch! In this episode, we dive into the historical context and evolution of Black Friday, exploring how discounting practices have changed over the years. We discuss personalized marketing strategies, the rise of flexible payment options, and emerging trends in Black Friday offers. Finally, we share actionable recommendations for businesses looking to adapt to these changes.
Highlights:
"Deals are a red ocean. Giving something away totally for free is a blue ocean."
"If you discount your services, you're training people not to buy until those events."
"Flexible payments are becoming essential as consumers are cautious with spending."
"The personalization of marketing has reached a level where offers feel tailored to individual consumers."
Timestamps:
0:00 Historical Context of Black Friday
3:14 Evolution of Black Friday
6:52 Impact of Discounting on Business Practices
12:31 Personalized Marketing and Flexible Payments
18:33 Trends in Black Friday Offers
19:58 Future Strategies for Black Friday
32:56 Final Thoughts and Recommendations
CONNECT
• Ask Roland a question HERE.
RESOURCES:
• 7 Steps to Scalable workbook
• Get my book, Zero Down, FREE
To learn more about Roland Frasier 👉 https://msha.ke/rolandfrasier/
Connect with me on social:
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!
10 December 2024, 9:56 pm - 49 minutes 30 secondsOvercoming Limiting Beliefs in Business
Welcome to a new episode of Business Lunch! In this episode, hosts Roland Frasier and Ryan Deiss discuss the process of setting and achieving ambitious 3-year business goals. They explore overcoming limiting beliefs, building scalable operating systems, and practical strategies for exponential growth. This conversation includes insights into setting audacious targets and evaluating realistic paths to success.
Highlights:
"Three years is the sweet spot for meaningful but predictable growth."
"Pessimists look smart, but optimists get rich."
"Audacious goals push you beyond limiting beliefs."
"Optionality wins wars and business."
Timestamps:
00:00 The Power of 3-Year Targets: Why 3 years is ideal for entrepreneurial companies.
05:39 Challenging limiting beliefs in business growth.
09:40 How internal barriers limit strategic thinking.
14:48 Defining what needs to be true for success.
20:53 Assessing existing offerings and market positioning.
25:45 The importance of targeting your "Goldilocks" client.
29:31 Steps to refine realistic paths to growth.
33:45 Comparing solutions like raising capital or partnerships.
39:06 Streamlining services for focused high-value growth.
46:34 Lessons in thinking bigger and maintaining optionality.
CONNECT
• Ask Roland a question HERE.
RESOURCES:
• 7 Steps to Scalable workbook
• Get my book, Zero Down, FREE
To learn more about Roland Frasier 👉 https://msha.ke/rolandfrasier/
Connect with me on social:
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!
3 December 2024, 6:58 pm - 39 minutes 9 secondsMarketing Missteps: What Went Wrong at TNC?
Welcome to a new episode of Business Lunch! In this episode, Roland Frasier and Ryan Deiss share insights on the challenges faced during the acquisition and management of the Traffic and Conversion Summit. They discuss the importance of understanding community dynamics versus content value, the pitfalls of corporate decision-making, and how these factors contributed to the event's struggles.
Highlights:
"If you're going to do acquisitions, you need to be really clear on exactly what it is that you're buying."
"The hardest thing in the world to do is to create a place, but you can lose that way faster than it takes to build."
"You cannot let bean counters make business decisions."
"The consulting firm that advised them not to buy Digital Marketer gave some of the worst advice they probably ever paid for."
Timestamps:
00:00 - Introduction
01:54 - Community vs. Content
08:18 - Pre-Pandemic Sales Struggles
10:00 - Financial Implications of the Pandemic
12:35 - Lessons Learned from the Deal
15:30 - Importance of Community Involvement
17:00 - Consequences of Poor Marketing Decisions
20:15 - The Role of Digital Marketers
22:40 - Strategic Partnerships and Growth Opportunities
25:00 - Reflections on Corporate Culture
28:15 - The Future of Events Post-Pandemic
30:40 - Closing Thoughts on Acquisitions
37:22 - Episode Conclusion
CONNECT
• Ask Roland a question HERE.
RESOURCES:
• 7 Steps to Scalable workbook
• Get my book, Zero Down, FREE
To learn more about Roland Frasier 👉 https://msha.ke/rolandfrasier/
Connect with me on social:
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!
29 November 2024, 5:26 pm - 38 minutes 10 secondsFrom Passion Project to Corporate Casualty: The TNC Saga
Welcome to a new episode of Business Lunch! Today, Roland Frasier and Ryan Deiss cover the story of Traffic & Conversion Summit (TNC), detailing its inception, growth, and eventual sale to Clarion Events. They share personal anecdotes from the journey, discuss strategic decisions that led to the event's success, and reveal the complexities of negotiating a sale. This episode provides a unique look at the behind-the-scenes efforts that transformed a simple event into a major business asset.
Highlights:
"Our goal is not going to be to make a lot of money. Our goal is going to be to have everybody leave saying, Wow, that was the best event I've ever been to."
"It felt like it was getting big and scary. I would have these recurring nightmares of something going wrong at this event."
"The reality is, most events suck. They're just a pitch fest."
"We controlled the programming of the event. So who's going to be on stage, which meant we still got the benefit of the platform of the event for our other brands."
Timestamps:
00:00 - Elevating the Event Vision
02:31 - Introduction to Traffic and Conversion Summit
05:23 - Evolution and Growth of the Event
07:52 - Increasing Production Value and Sponsorship Revenue
11:59 - Sale of the Event to Clarion Events
31:51 - Post-Sale Challenges and Pandemic Impact
35:10 - Reasons for the Event's Decline
CONNECT
• Ask Roland a question HERE.
RESOURCES:
• 7 Steps to Scalable workbook
• Get my book, Zero Down, FREE
To learn more about Roland Frasier 👉 https://msha.ke/rolandfrasier/
Connect with me on social:
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!
26 November 2024, 6:30 pm - 23 minutes 40 secondsLuxury Brands, Inflation, and Consumer Choices: A New Reality?
Welcome to a new episode of Business Lunch with your host Roland Frasier. In today’s episode, we delve into the current state of the luxury market, discussing its decline, consumer behavior changes, and implications for businesses. We examine factors like the pandemic's impact, Gen Z's preferences, and economic realities reshaping luxury consumerism. Join us as we explore what this means for the future of high-end brands and consumer experiences.
Highlights:
"Luxury is hurting; it's an indication of recession."
"Brands like Louis Vuitton made the mistake that Nike made with drop culture."
"The luxury brands are living in inflationary times of 2021-2022, not aligning with today's economic reality."
"If you are truly luxury, you can charge luxury prices, but the market has to agree that you are luxury."
Timestamps:
00:00 - Introduction to Luxury Market Trends
01:48 - Decline of Luxury and Economic Indicators
03:09 - Gen Z's Impact on Luxury Brands
04:39 - Pandemic Effects on Consumer Choices
06:12 - The Lipstick Effect and Consumer Spending
08:13 - Shift in Spending to Experiences Over Goods
10:45 - Real World Luxury Pricing vs. Value Proposition
13:58 - Business Strategies for Adapting to Market Changes
15:17 - Consumer Behavior Lagging Behind Economic Reality
17:53 - The Future of Sit-Down Restaurants and Service Industry
21:20 - Concluding Thoughts on Luxury Market and Business Adaptation
CONNECT
• Ask Roland a question HERE.
RESOURCES:
• 7 Steps to Scalable workbook
• Get my book, Zero Down, FREE
To learn more about Roland Frasier 👉 https://msha.ke/rolandfrasier/
Connect with me on social:
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!
22 November 2024, 9:50 pm - 29 minutes 11 secondsThe New Frontier: AI, Paid Media, and Organic
Welcome to a new episode of Business Lunch! In this episode, Roland Frasier and Ryan Deiss dive deep into the intricacies of search marketing versus paid media, exploring how marketing strategies have evolved with technological advancements. They discuss the unpredictability of Google updates, the shift towards social platforms by younger demographics, and the importance of adopting a multi-channel approach in today's digital landscape. Tune in as they share insights on the most effective channels for reaching an audience and why owned media might be more crucial than ever.
Highlights:
"If you’re starting from scratch with marketing, it’s not search marketing I’d double down on."
"The new model for organic reach should include connection, authenticity, and a surround sound strategy across multiple platforms."
"People are looking for authenticity and consistency in the personalities they follow, not just content."
"As marketing evolves, the channels that once dominated are being overtaken by more agile, targeted, and engaging mediums."
Timestamps:
00:00 - Introduction: The Current State of Search Marketing
02:52 - The Inefficacy of Traditional Search for Nationwide Businesses
05:03 - Shifting Priorities: Paid Media vs. Organic Search
08:24 - The Impact of AI and Generational Changes on Search Behavior
11:05 - The Importance of Multi-Channel Marketing Strategies
14:00 - Connection and Authenticity in Content Marketing
17:00 - Discussing Owned Media and Its Advantages Over Organic Search
20:21 - User Experience and the Shift Away from Traditional Search
23:18 - Reddit as an Emerging Search Platform
26:28 - The Role of Specialized Sites and Social Groups in Niche Searches
27:24 - Conclusion: Future Outlook on Search Marketing
CONNECT
• Ask Roland a question HERE.
RESOURCES:
• 7 Steps to Scalable workbook
• Get my book, Zero Down, FREE
To learn more about Roland Frasier 👉 https://msha.ke/rolandfrasier/
Connect with me on social:
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!
19 November 2024, 8:11 pm - 30 minutes 30 secondsRedefining Success Beyond the Financial Spectrum with Craig Siegel
Welcome to a new episode of Business Lunch! In this episode, we sit down with Craig Siegel, a former Wall Street professional turned motivational speaker and entrepreneur. Craig shares his transformative journey from financial trading to finding fulfillment in helping others achieve their potential through personal development and entrepreneurship. Tune in to discover how Craig's experiences and insights can inspire you to reinvent your career and align your professional life with your personal values.
Highlights:
"Success is more than just making money; it's about finding your purpose and sharing your unique gifts with the world."
"I believe once you have the willingness and step into discomfort, that could be your portal to expansion."
"If you can look up, then you can get up, even if you're in the darkest valleys."
"Playing small is canceled. Consider what else is possible and how."
Timestamps:
00:51 - Introduction
02:06 - Craig's Transition from Wall Street to Entrepreneurship
04:09 - The Initial Draw to Financial Trading
05:42 - The Concept of Reinvention Based on Personal Experiences
09:45 - Addressing Limiting Beliefs
14:57 - Moments of Doubt and Personal Challenges
20:00 - Surprising Personal Discoveries During Reinvention
22:17 - Common Skepticisms and Misbeliefs
26:56 - Upcoming Marathon and Personal Goals
29:36 - How to Connect with Craig and Learn More About His Work
CONNECT
• Ask Roland a question HERE.
RESOURCES:
• 7 Steps to Scalable workbook
• Get my book, Zero Down, FREE
To learn more about Roland Frasier 👉 https://msha.ke/rolandfrasier/
Connect with me on social:
25 October 2024, 4:10 pm - More Episodes? Get the App
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