Business RadioX ®

  • Home
  • Business RadioX ® Communities
    • Southeast
      • Alabama
        • Birmingham
      • Florida
        • Orlando
        • Pensacola
        • South Florida
        • Tampa
        • Tallahassee
      • Georgia
        • Atlanta
        • Cherokee
        • Forsyth
        • Greater Perimeter
        • Gwinnett
        • North Fulton
        • North Georgia
        • Northeast Georgia
        • Rome
        • Savannah
      • Louisiana
        • New Orleans
      • North Carolina
        • Charlotte
        • Raleigh
      • Tennessee
        • Chattanooga
        • Nashville
      • Virginia
        • Richmond
    • South Central
      • Arkansas
        • Northwest Arkansas
    • Midwest
      • Illinois
        • Chicago
      • Michigan
        • Detroit
      • Minnesota
        • Minneapolis St. Paul
      • Missouri
        • St. Louis
      • Ohio
        • Cleveland
        • Columbus
        • Dayton
    • Southwest
      • Arizona
        • Phoenix
        • Tucson
        • Valley
      • Texas
        • Austin
        • Dallas
        • Houston
    • West
      • California
        • Bay Area
        • LA
        • Pasadena
      • Colorado
        • Denver
      • Hawaii
        • Oahu
  • FAQs
  • About Us
    • Our Mission
    • Our Audience
    • Why It Works
    • What People Are Saying
    • BRX in the News
  • Resources
    • BRX Pro Tips
    • B2B Marketing: The 4Rs
    • High Velocity Selling Habits
    • Why Most B2B Media Strategies Fail
    • 9 Reasons To Sponsor A Business RadioX ® Show
  • Partner With Us
  • Veteran Business RadioX ®

Shavonne Reed With OPUA Agency

August 19, 2024 by Jacob Lapera

High Velocity Radio
High Velocity Radio
Shavonne Reed With OPUA Agency
Loading
00:00 /
RSS Feed
Share
Link
Embed

Download file

Shavonne Reed is a marketing and communications expert, a Self-Advocacy and Confidence Coach and a public speaker. She is the CEO & Founder of OPUA Agency, a boutique health marketing communications firm on a mission to educate, mobilize, and empower Gen Z to develop healthy lifestyles.

She is also the founder of Future Health NOW Foundation, Inc, that works to improve health and financial literacy in underprivileged communities by providing programming to increase awareness. She also hosts a bi-weekly podcast titled “Future Health NOW” with special guests in the healthcare sector.

After a successful career as a global marketing executive she pivoted into her purpose to inspire and encourage others through inspirational storytelling that recharges others into action for positive behavioral change, elevates their careers and amplifies their presence to thrive in business and in life. She has been instrumental in designing successful global product launches, employee wellness and engagement programs, and executing million-dollar marketing and advertising budgets.

She studied mass communications at the University of West Georgia, completed post bachelor studies in marketing at Georgia State, and received her MBA from Georgia Southern University. She  is also the author of “Ugly Duckling: What You See Is Not What You Get,” a book that details strategies to show up and stand out and stand for change in your organization and in life.

She is active in her community as the ‘21 Dunwoody Perimeter Chamber Chair. She is a mom of two Zoomers, a puppy son and a devoted wife. She is a native of Atlanta and believes smiles, love, and laughter are the best medicine in life.

Connect with Shavonne on LinkedIn.

What You’ll Learn In This Episode

  • What work does OPUA Agency do
  • About Future Health NOW Foundation, Inc and the corresponding podcast
  • Her main goals as a speaker and within her work with these organizations
  • Her work with the CDC Foundation and her How Right Now Campaign

Transcript-iconThis transcript is machine transcribed by Sonix.

 

TRANSCRIPT

Intro: Broadcasting live from the Business RadioX studios in Atlanta, Georgia. It’s time for High Velocity Radio.

Lee Kantor: Lee Kantor here. Another episode of High Velocity Radio, and this is going to be a good one. Today on the show, we have Shavonne Reed with Opua Agency. Welcome.

Shavonne Reed: Hello. How are you today, Lee?

Lee Kantor: I am very excited to be talking to you. For folks who aren’t familiar, can you share a little bit about your firm? How are you serving folks?

Shavonne Reed: Absolutely. So I’m with Opua agency. It stands for Optimistic People, Unified for awareness. And we’re all about helping people to think about the marginal decade of life and how their future health starts now. So we focus on behavioral change and making sure that everyone is kind of informed about how their behaviors today will affect their future health in the future.

Lee Kantor: So what’s your backstory? How’d you get into this line of work?

Shavonne Reed: Well, I spent more than 20 years in corporate in the healthcare space and always had an affinity for just the healthcare industry. And I pivoted outside of corporate and saw quite a bit of things happen in my personal life. My mom ended up passing away from several diseases that were preventable. And just as the pandemic hit, I noticed that I was not necessarily prioritizing my health as much as I should have been, and then also saw that in my Zoomers. And so I wanted to affect change in the world, and that became my heart’s work and my legacy in the building.

Lee Kantor: So now in your agency, are you working with corporations or are you working with entrepreneurs, like who is the ideal profile for your ideal client?

Shavonne Reed: Yeah, so we love to work with mission driven organizations who are looking to stand up marketing communications that will have a call to action for behavioral change. So think chronic disease prevention and health promotion.

Lee Kantor: So you’re working with the corporations so they can share that information with their employees. Is that what you’re doing.

Shavonne Reed: So we do have an internal communications arm that really focuses on workplace wellness. And we also have an arm that focuses on direct to consumer communications.

Lee Kantor: So let’s talk about that. Any initiatives in that area you can speak of.

Shavonne Reed: Oh yeah absolutely. So right now we’re working with the CDC Foundation as a communications partner for the How Right Now campaign, which is an evidence based campaign that is targeting school teachers and school staff in the K-12 school systems. And what it really is all about is helping them to build resiliency and have awareness of their mental well-being. A lot of times they are just really focused on the students and getting the work done. But they’re not necessarily focused on making sure that they take care of themselves. So as part of this campaign, what we’re doing is really pushing them to make their own wellness a part of their daily lesson plans and highlighting ways that they can actually prioritize self-care. How can they make sure that they are, you know, tending to their mental thoughts and things of that nature? So that’s how we are actually helping right now. And so we recently held the Empowered Ed Project Summit, where we were speaking to school teachers and staff and brought in specialized thought leaders and experts who brought amazement and stories of resilience and encouragement just to really hone in on how to leverage the tools of the How Right Now campaign to just drive mental health and well-being.

Lee Kantor: So can you walk us through what it’s like to create a campaign like that for the CDC? So potential corporates out there that are doing work that might be able to hire. You can understand what. So like, did the CDC Foundation come to you with this challenge? Did you start working with them and start brainstorming different initiatives like how did this come about and how did you help them, you know, execute?

Shavonne Reed: So actually, the How Right Now campaign is a long standing, evidence based campaign that was led by an elite researcher by the name of Amelia Burt Garcia at Newark University of Chicago. And it started back in like 19, I mean, 2019, just as the pandemic was hitting. And, uh, so they actually, you know, did all of the background work, did all the research, social listening and surveys to just really understand what, um, the challenges were from a mental health capacity. And initially it was more of a global campaign that had a broader audience. And so in this iteration of the campaign, we’re focused focus solely on school teachers and staff because based on the research, we found that they are the ones who are actually really stressed out, and they’re up against a lot at being asked to do so much more with less. And the idea is to really make sure that we have a variety of channels, that we’re actually reaching the audience to get them kind of, you know, prioritizing this mental thought process of their overall well-being and self-care. So we’re incorporating things such as TikTok, Instagram, videos, going out to do speaking. I actually had the opportunity to go to the Newark Board of Education and facilitate a workshop at their annual women’s conference, and so really just building up the momentum during Mental Health Awareness Month, we actually did a full activation.

Shavonne Reed: And right now for Back to School month, we’re doing a huge activation and incorporating, um, influencers to just really help us to amplify this message and get it out there in all kinds of cool ways, on every level, so that the teachers and school staff know that they are very much appreciated. They’re not in this alone, and we understand just what they’re going through. And it’s really a hard and tough space to be in, because everybody is looking to them to be more than just a teacher. Right. We know they are being looked upon as a confidante, as counselors and so many other hats that they play. And they even played a special role in my life growing up because I had a ton of adverse childhood experiences, and it was the teachers that really poured back into me and helped me to see that I was something and someone that was worthy to, you know, be here and to thrive in life.

Lee Kantor: Now, how did the CDC Foundation ask you for something that’s measurable to say that, okay, this campaign is working. We should do this maybe in more verticals or like, how do you kind of measure the success of a campaign like this?

Shavonne Reed: Yes. So as part of our. Activation campaign periods, what we’re doing is collecting metrics. So that would include things like impressions. How many people are actually seeing and getting exposure to these messages. Also, how many people are actually engaging with our communications on the various platforms and how are they accessing the tools that are available. So we have everything from toolkits to resource lines to guides, resources that can actually help them to bring all of this to life and make it tangible and valuable, so they can know exactly what to do with it. Um, something as simple as meditational practices. So as part of the summit, we actually recorded all of our sessions, and we have those available now online so that folks can actually get the message and, you know, really just indulge because like one in particular was featuring, uh, a thought leader by the name of Keisha Ferguson, and she led us through a ten minute meditation moment. And it was so powerful because when you just be still and you activate in gratitude, you just don’t realize how wildly your thoughts can run all over the place. And this gave us a chance to just really sit in silence and mind our thoughts and listen to the words and the guidance that she was giving to us. And so that’s one of the things that we are, you know, tracking to see how many people are actually watching those videos, how many people are downloading the resources and actually visiting the website so that they can, you know, tend to the mental well-being of themselves and making it a part of their daily practice.

Lee Kantor: Now, how has it been for you as an entrepreneur, kind of making this change from your more kind of corporate past to the entrepreneurial present? Was that a difficult transition?

Shavonne Reed: Well, I will say it wasn’t necessarily a difficult transition because it was something that I really wanted to do deep down inside. Um, but there are some highs and lows that come along with entrepreneurship, especially when you’re on the micro level and when you’re trying to scale your companies. Um, but it’s something that I definitely would encourage anyone to do if they’re really, you know, passionate about something. Finding their, um, their why and following their North star. Because there is nothing, absolutely nothing that compares to it.

Lee Kantor: Now, can you speak a little bit about your work with Future Health Now Foundation?

Shavonne Reed: Yes. So the Future Health Now Foundation is the philanthropic arm of the opioid agency. And what we do is look to give back to the community. And we have like three pillars where we are really focused on workforce development, also health promotion and then women’s empowerment. So as part of those three initiatives, what we’re doing is standing up programs that will help to cultivate the next generation of health communicators, for one and then for two. Helping to promote health, especially in marginalized communities because the statistics are there. I mean, if you think about in Georgia, maternal and infant health is really huge because we have the greatest mortality rates among African American, uh, babies and moms. And so it’s one of those things that’s really critical, that is near and dear to my heart, because I actually had a preemie as well, and she spent nine days in the NICU. And so, as you can imagine, my experience was not as grave as some of those experiences. And so but I empathize with them because I’ve walked in their shoes. And so I really want to just elevate that space and try to do as much as I can, um, to drive awareness, to help, to promote and get more resources for the cause. And then, of course, for women’s empowerment. Every year we’re hosting the International Women’s Day event celebrating women Real Talk with Siobhan Reid. And so we’ve had a great spread of women to come in and share their experiences in corporate spaces and entrepreneurship and show business, you name it. And it has been a really incredible experience just pulling these women together and building camaraderie. So I’m looking forward to just continuing to champion these things as we move forward.

Lee Kantor: So what do you need more of? How can we help you?

Shavonne Reed: Oh my gosh, I’m glad you asked that question. Always need advocates, always need sponsors, always need voices. So we also host the Future Health Now Foundation. And what we do is interview, uh, thought leaders in the space. And there’s so much change with how communications is being done from the old times to the new times. And I remember very vividly how when I was graduating college, it was like, oh, the convergence of media, because it was became the three screens. Right? Um, and then now it’s like the new advent of information design and technology. Right. And so we have like this advent of AI and how it’s just transforming everything. And so with that, it is just incredible to see how the trajectory of things are going and being able to interview these folks and highlight their thought leadership in the world to increase their funding. Like, for instance, um, Adrian is, uh, Adrian, uh, Amarin. She has a platform called Artlist, and she’s really revolutionizing the way that we approach health communications. And it’s just so great to see all the new changes and being able to amplify the messages. And so I would love for folks to go and tune in and listen. Give us a review if you feel like it’s a five star rating and just engage with our content. We are all over social as an agency. And of course you can follow me directly. I am at Siobhan Reid. Um, I am Siobhan Reid on all platforms. And then for the foundation, it’s health harmony and the Future Health Now Foundation.

Lee Kantor: Now, before we wrap, I want to talk a little bit about your book, Ugly Duckling. What you see is not what you get. Can you talk about the thinking of, hey, I’m going to write a book because a lot of folks dream of writing a book, but you actually did it.

Shavonne Reed: Yes. Oh my gosh, this book has been living in me forever. Uh, as I mentioned before, I grew up with a lot of adverse childhood experiences. And as a part of that, one of the results of that was the trauma that caused me to feel like I didn’t have a high self-worth, and I felt like an ugly duckling, which is the title of the book. And for so long I felt isolated, and I thought that I was the only one that had these experiences and going through, you know, growing up and then matriculating into To adulthood and becoming this young woman and finding myself. It was really just a transformative experience. And there have been so many highs and lows, and I’m an overachiever by nature. I think that’s just something that’s deeply embedded and ingrained in my DNA. And as a result of that, there have been so many disappointments. No matter what I have been able to accomplish on my own. And so I really wanted to write about it because there are women who are actually struggling with these things right now, that if they just had this word, you know, and they could see how I was able to emerge and overcome the many obstacles and challenges that I’ve gone through, that it would empower and encourage and inspire them to do more of the things that they have embedded in their hearts and that they want to do now.

Lee Kantor: Any advice for that person that’s out there that’s struggling and is feeling kind of like there’s no hope? Is there anything you can share that can help them. You know, other than maybe getting this book and reading it, you know, kind of help them get back up on their feet and move forward.

Shavonne Reed: Absolutely. So what I like to do is to make sure that I have a way to show gratitude and being in the moment. So understanding where I am, one of the things that I started doing early on, and it came from my grandfather because he just loved to take pictures, was on my worst days when I feel like I’m just like the ugliest or the I just feel the worst, I make sure I take a picture of that moment because when you look back at it, nine times out of ten, you’re going to see something very different than what you saw when you were actually in that moment. And so I love to have those because they help me to have more gratitude as I go on each day, to be able to reflect back and see how I was able to get over those things. Another thing I would like to encourage folks to do is to identify at least 1 or 2 people that you admire that seem like they have it together, that can offer inspiration from afar. Um, a lot of times we get into this comparison game, and so if you step away from that and you realize that you’re in it, you have to be able to know how to have that awareness and separate yourself. But have those 2 or 3 people that you can look to to say, wow, okay, she’s doing the thing that I like to do or I want to do and be able to use that as inspiration. I know I have so many that I look up to, um, right now, but just identifying those individuals that really can, you can hold on to and then also making sure that the circle that you have around you is lifting you up and giving you positivity and being able to identify when there is something that is not for you, and not being afraid to separate yourself from it no matter what it is.

Lee Kantor: Well, Siobhan Reid, thank you so much for sharing your story today. You’re doing such important work and we appreciate you one more time. The website, and maybe also where they can get the book.

Shavonne Reed: Absolutely. So the website for the agency is Apua Dot agency and you can find the book on Siobhan Read. Com it’s also available on Amazon. And um, yeah, that’s where I am. And you can follow me on social at I am Siobhan Reed and the agency is Apua agency.

Lee Kantor: All right. Well, thank you again for sharing your story.

Shavonne Reed: Thank you for having me. This has been great. All right.

Lee Kantor: This is Lee Kantor. We’ll see you all next time on High Velocity Radio.

Tagged With: OPUA Agency, Shavonne

Michael Berkhahn With Graham Capital Wealth Management

August 19, 2024 by Jacob Lapera

Tampa Business Radio
Tampa Business Radio
Michael Berkhahn With Graham Capital Wealth Management
Loading
00:00 /
RSS Feed
Share
Link
Embed

Download file

Michael Berkhahn, CFP®, Vice President of Graham Capital Wealth Management, is a highly qualified financial advisor with over a decade’s worth of experience in the industry.

He believes that to be a successful advisor, one must not only have strong analytical skills but also be able to build meaningful relationships with clients. Specializing in retirement, tax, and estate planning. he takes great pride in helping ease his clients’ concerns as they work together to achieve their financial goals.

After successfully starting his career at Citigroup’s Institutional Client Group as a project manager, he later moved to Graham Capital Wealth Management in 2016.

His passion for finance led him to obtain a bachelor’s degree in finance from the University of Florida and a Master of Science in Finance from the University of South Florida. He is also a member of the Financial Planning Association of Tampa Bay.

As a CERTIFIED FINANCIAL PLANNER™ practitioner, Berkhahn is part of an elite group of advisors who have completed the necessary training and requirements to hold the CFP® designation and is a fiduciary committed to complying with its continuing education and ethics standards.

Connect with Michael on LinkedIn.

What You’ll Learn In This Episode

  • What business owners and taxpayers need to know ahead of the TCJA expiration

Transcript-iconThis transcript is machine transcribed by Sonix.

 

TRANSCRIPT

Intro: Broadcasting live from the Business RadioX studios in Tampa, Florida. It’s time for Tampa Business Radio. Now, here are your business. Radio X hosts.

Lee Kantor: Lee Kantor here another episode of Tampa Business Radio, and this is going to be a good one. Today on the show we have Michael Berkhahn with Graham Capital Wealth. Welcome.

Michael Berkhahn: Thank you for having me, Lee.

Lee Kantor: I am so excited to learn what you’re up to. Tell us about Graham Capital. How are you serving folks?

Michael Berkhahn: Yeah. You know, so here, Graham Capital Wealth Management, we are an independent registered investment advisory firm that really focuses on retirement planning. You know, as our clients, you know, fiduciary, we try to make prudent investment decisions on their behalf. I think the one thing that really makes us unique here in the Tampa area is just more of our active management approach. You know what I what I would want listeners to not think of when, when when I say active is that we’re not day traders, but we really, you know, try to, you know, personalize each of our clients portfolios by, you know, you know, individually, individually purchasing stocks or bonds rather than, you know, utilizing, you know, predetermined models or funds just because, you know, there’s added cost to that, you know, handing it off to a third party money manager or, you know, purchasing ETFs and mutual funds. You know, we believe that cost should be, you know, in in our in our client’s pockets versus, you know, paying those additional expense ratios and things like that.

Lee Kantor: Now are your clients typically, you know, coming from corporate background or are they entrepreneurs or are they athletes or are they celebrities? Like, what is that ideal client look like for you guys?

Michael Berkhahn: Yeah, no. For us, I mean, I think we have a pretty wide breadth of clients and we we have, you know, former CEOs of publicly traded pharmaceutical companies as a client. We have, you know, former board members of energy companies, you know, and we have, you know, clients that are just kind of starting out the first Roth IRA. So, you know, I think we have a pretty wide breadth of clients that we’ve been able to, you know, assist with, you know, with their financial plans.

Lee Kantor: So there is there a minimum to get started, a minimum amount of wealth, or is it because a lot of, um, people in your space, they prefer going after wealthier people, but it sounds like you’re you’re kind of casting a wider net.

Michael Berkhahn: Yeah. You know, you know, we really try not to market to saying that we have a minimum. I do think that our investment approach, uh, really, you know, I think it for us, you know, for us to really take our, you know, to utilize our investment approach. I think, you know, I would say probably between 50 to at least $100,000 would really allow us to, you know, really start implementing our investment strategies. But we really do not market a minimum because, you know, if you start working with someone that’s 25 or 30 and you know, they’re just getting out of, you know, just finishing up, you know, their law degree or, you know, becoming a doctor. You know, it’s more about that long term play with them. And, you know, that’s really why I try not to market a minimum with, with as a firm.

Lee Kantor: Well, I’ll tell you that’s pretty refreshing because a lot of wealth management firms, they don’t want to even pay attention to people at that stage because, you know, you know, frankly, there’s not a lot of money in it for the wealth management. But to make that kind of investment in your clients for that period of time is pretty different, I would think.

Michael Berkhahn: No. Yeah. You’re right. I mean, I do think we are unique in that aspect because I see it all the time. Um, you know, there’s a lot of advisors here right here in, uh, in downtown Tampa that, you know, yeah, they have a minimum of 500,000 or $1 million. And I actually found over time that I think it puts off a lot of people, honestly. You know, I have people come to us and say, oh, do you have a minimum? And I’ll say, no. And they’re like, oh, well, I was going to go talk with, with with with so and so. But they told me that they had a 500,000 minimum and I didn’t feel that I had those assets. But then lo and behold, they had, you know, you know, 2 to 3 times that amount of investable assets. So, you know, again, you never know, you know, people’s experience. And again, I think, you know, some people just don’t like, you know, hearing that they have to invest X amount of dollars to be able to, you know, even talk with that person.

Lee Kantor: Yeah. I think, uh, I really applaud you doing what you’re doing because I find it’s a missed opportunity for a lot of wealth management firms because, uh, a lot of people who have wealth would want, like, their kid who may not have wealth today, um, have access to your expertise, but it’s not even on their radar to, um, to make that kind of connection. And I think it’s a mistake for a lot of these firms. They’re missing out on a generation of people that could be using their services if they would just invest some energy into them, 100%.

Michael Berkhahn: You know, I think it keeps our clients stickier. Uh, you know, from the fact that, unfortunately, the one thing that we know that that happens in life is, is death and taxes, right? Uh, so, um, you know, sadly, you know, I think of it as an opportunity that we can actually build a relationship, um, with their kids. So, you know, if something does when something does happen to the, to the parents that we’ve already built, that, that relationship that, you know, we don’t just see assets leaving, you know, the firm just because, you know, um, you know, their parents um, or passed away sadly.

Lee Kantor: Yeah. And I think the stats back that up. I think that the vast majority of people don’t their kids don’t move to the parent’s wealth management advisor. They find their own.

Michael Berkhahn: Correct. Yeah. No. Absolutely. And again, you know, I think, you know, for for us, You know, we are, um, a much younger, you know, uh, registered investment advisory firm. So, again, I think for, for us, it’s, it’s taking that opportunity that, you know, we don’t we’re not sitting here and saying, hey, we have a 5 or 10 year exit plan or our hopes is, you know, this business is going to be, you know, 30, 40 years in the making. And, um, you know, I think we can take that long term, you know, plan, even though. Yes, if someone’s just opening up a 20,000 or $50,000 account, you know, I think it’s it’s the idea that this could be a very good client for us 10 or 15 years down the road. And yes, it’s not it’s not as lucrative as, you know, someone that brings in, you know, millions of dollars of assets right away. But I think you need to also plan for the future as well.

Lee Kantor: So now, um, can you share a little bit about the scope of your services? Is it just, uh, kind of wealth management? Does it, uh, kind of go into taxes? Does it, you know, like, are you the kind of the quarterback, the CFO of somebody’s financial life?

Michael Berkhahn: Yeah. You know, so here at Graham Capital Wealth Management, you know, I think we really try to bring in a number of different services. So, you know, we don’t just, you know, do you know, financial planning or investing for our clients. You know, we have, you know, accountants in-house. We have attorneys that are in-house. So, you know, we can do everything from, you know, planning, investing, you know, uh, their taxes, whether it’s individual or business taxes. Uh, and also, you know, really put together a true estate plan, uh, you know, so really, I think, you know, we can kind of, as you mentioned, you know, be me kind of being facilitating as the quarterback of saying, okay, how do we create a holistic financial plan for this estate and make sure that we’re making, you know, all the right, um, decisions when it comes to the holistic financial plans, whether it’s just individual taxes, business taxes, investing retirement assets, creating that estate plan. And I think that that that is something that a number of our clients really appreciate. You know, that they’re not having to work with a number of different, you know, companies. And having everyone in house really allows me to, you know, specifically with the accountant, it really allows me to work in unison with them so we can reach not only their short and long term financial goals, but really try to make that and to reach those goals in the most tax efficient manner.

Lee Kantor: Yeah, I think that’s better for the client to have that kind of Mayo Clinic or the Cleveland Clinic kind of, um, opportunity where everybody’s working together, everybody’s seeing all the data together, and they can work together to come up with the optimal plan rather than have siloed specialists that you’re hoping are going to connect at some point so they can get on the same page.

Michael Berkhahn: No. Yeah. I mean, a couple years back, we didn’t have an accountant in house. And, you know, I would I would meet with, um, you know, our clients, accountants, you know, at at their, at their office or their accountants would come into our office and, you know, we just thought it was it was time for us. I think we got to a size where we said, you know, listen, you know, we have a number of clients that would appreciate us, you know, bringing someone in-house just so that we’re all working in unison. Because I don’t even think the client sometimes even realize how much, you know, the accountant and I throughout the year. It’s not just when, you know, you know, tax season comes around that I can provide them their consolidated 1099 or their 1099 R tax document. It’s really a thoughtful, you know, thought out plan throughout the year saying, hey, uh, for for client so-and-so, how do we um, is this is this, uh, is this going to how is this how is this investment going to affect their overall, you know, uh, you know, tax strategy for, for 2024?

Lee Kantor: Yeah. And a lot of times obviously the your client isn’t up to date with all the ever changing rules when it comes to taxes. Like is there any advice you can share when it comes to maybe. Let’s talk about the expiration of the Tax Cuts and Jobs Act. Is there anything you can share that people can do today that maybe can save them some time and money tomorrow?

Michael Berkhahn: Yeah. You know, I think, you know, with the Tax Cuts and Jobs Act, you know, for so just kind of even taking a step back for the listeners if they’re not, you know, aware, but the Tax Cuts and Jobs Act was initially implemented, you know, going back to 2017. And you know, that is those those that legislation’s actually, you know, set to expire here. Uh, you know, next year at the end of 2025. So, um, you know, and this could, you know, depending on what happens with Congress and, um, and what happens with this upcoming Coming election if, if, if they expire and we do not see, you know, uh, any sort of modification or extension on the Tax Cuts and Jobs Act, you could you will see, um, you know, tax rates revert back to, you know, uh, 2016 levels. Um, and, you know, I think for, for, for our listeners on this, um, you know, I think I don’t know how much they realize how that could impact, you know, their upcoming tax season when it comes to, you know, 2026 and beyond. Because, you know, just for instance, the Tax Cuts and Jobs Act, um, uh, when it comes to individuals, is that one, uh, you know, it decreased, you know, the individual tax rates, uh, for, for people and two, uh, it also affected, you know, the standard deduction, um, for, for, for people married and filing single. Uh, and those, those standard deductions are actually going to move lower or back to the previous levels, uh, which, you know, right off the bat is going to impact their, their overall taxes.

Lee Kantor: Yeah. And and this is something that if you have this information ahead of time, you can be proactive. But if you’re going to wait and then all of a sudden it’s sprung on you, you might be in for a surprise.

Michael Berkhahn: Yeah. I mean, I think that that’s that unfortunately, I don’t think enough people are keeping as close of an eye on, you know, the Tax cuts and Jobs Act as as they probably should be. Um, you know, especially with this election, I think both of, you know, both of the candidates kind of have different views on, on what their plans would be, you know, with, with, with the Tax Cuts and Jobs Act sunsetting next year. Um, and you know how how they plan to, you know, change one from, you know, for, for, for not only individuals but also for businesses and how that will, you know, for small businesses, how that would affect them.

Lee Kantor: Now, is there a story you can share? Don’t name the name, obviously, but maybe explain the challenge that someone had before they started working with you and how you were able to help them either get peace of mind or get to a new level?

Michael Berkhahn: Yeah, I mean, I think for, you know, a story that really always comes back, you know, to me that when people ask that question, um, is, is one that, you know, unfortunately, it was a very sad event that, you know, um, I had recently met with a couple down in our Sarasota office. So we have an office in Tampa and in Sarasota, and I met with a couple and we were just, you know, starting off, you know, building out that relationship. And they were they were both retired. So we were really, you know, trying to develop, you know, their overall retirement plan and, and really trying to position them for the next ten, 15 years to be able to kind of live off of their live off of their assets and continue to maintain, you know, their current life, you know, lifestyle. And then obviously we we move forward with them as a client. And you know, prior to, you know, leaving the meeting, you know, the client had mentioned, oh, yeah, I have to go back into, you know, I’m having back surgery in a week. And it was supposed to be a very minor surgery. But lo and behold, unfortunately, um, the the individual ended up passing away. And, you know, the wife, you know, when, when when we heard the news, you know, just the, you know, the first thing, it’s wanting to be there for that person. Um, even though we, you know, she they barely knew us. We probably met one or once or twice before that, maybe an hour or an hour and a half at each meeting. But, you know, that’s where we have, you know, as, as your fiduciary, you know, is really we need to kind of step up and say, hey, this is what, what changes need to be made.

Michael Berkhahn: Because I go back to Lee talking about, you know, estate planning, you know, we, we, we we had already created a trust for them, right. So, you know, again, I think that’s where we were able to, you know, the the attorney and I were able to sit down with the wife and really, you know, walk her through all the necessary steps. And, you know, by the time we were done meeting with this client after 3 or 4 hours, because it was it was a sad it was a very grieving event. You know, a lot of tears were shed during this meeting, you know, so after 3 or 4 hours, you know, at, you know, when we were, you know, kind of leaving the meeting, you know, she comes up and just kind of hugs us both and just says, you know, I really don’t know. You know, I think the the last thing, um, you know, the last thing, the, the last final decision that my husband made was to move forward with you guys. And if we didn’t make that decision, I really don’t know what I would be doing right now. So, you know, again, I think that’s always a story that that always reminds myself of the importance of, of not just, you know, making clients monies, but just trying to be there for them. Um, and just trying to kind of be a resource when when these sort of events happen.

Lee Kantor: Now, is there a piece of advice you could share for someone listening right now? Um, maybe it’s a way, because I don’t want to get obviously into any financial advice, but is there a way that maybe you can tell that the current financial advisor, the the way you’re getting financial advice? Because I would imagine there’s a bunch of people that are doing it themselves. What’s kind of a signal that, hey, maybe it’s time that either you got to switch or maybe have a conversation with, you know, an expert.

Michael Berkhahn: Yeah. I mean, I think, you know, going back to, you know, what we were just talking about briefly with the Tax Cuts and Jobs Act. I think it’s, you know, I think a lot of people, you know, do try to, you know, take the onus on themselves to, you know, to make their own investments, you know, their, their own investment decisions. And, you know, frankly, a lot of people, I think, do a very good job, you know, at the investing part. But, you know, from a tax, you know, strategy, um, you know, standpoint, you know, unfortunately, I think that’s where a lot of people, you know, don’t do as good of a job, right. Um, you know, so, for instance, you know, for our high income earners, you know, they’ll say, well, I can’t, I can’t make I can’t make Roth contributions. And that’s true. But there are ways, right? There are ways that, you know, actually, you could still make contributions to a Roth even if you’re above the income threshold. There’s something called the backdoor Roth conversion, where basically you put pretax money or you sorry, you put after tax money into an IRA, and then the very next day you convert that after tax money into a Roth. Uh, and that’s a way for you to get money into a Roth and continue to make contributions every single year, even though you’re above the income, you know, even though you’re above the income threshold. So again, I think there are loopholes in our tax legislation that, um, that I think, you know, could benefit people long term when it comes to their overall financial plan.

Lee Kantor: And then regarding that, it’s it’s that knowing about any changes in, you know, where the tax levels are would be good to know because you may want to make a move sooner than later when it comes to a conversion.

Michael Berkhahn: No. Yeah. I mean, I, uh, especially with this expiration of the Tax Cuts and Jobs Act at the end of, at the end of next year. Um, you know, I think there’s just that big question mark out there is saying, okay, what’s going to happen with with tax rates? I know, you know, you know, a lot with the, you know, corporations, they talk about, you know, uh, possibly increasing that from 21% up to 28%. But, you know, if if individual taxes are going to go up from, you know, 37% up to 39.6% on the on the top tax rate. You know, it might be it might behoove certain individuals of saying, hey, you know, individual tax rates are going to be increasing, uh, in the future. Maybe we take advantage of these low, uh, the historically low tax rates right now and start converting or putting in a Roth conversion, you know, strategy for a multi year strategy to try to mitigate taxes. Because I think the one thing, Lee, you know, uh, whether whether or not taxes go up at the end of next year or five years or ten years from now, you know, we’re we’re at a point with our national debt, you know, sitting right around, you know, $35 trillion. You know, maybe, maybe the next president doesn’t change the tax codes all that much. But I feel pretty strongly that in the next ten years, I mean, we’re going to have to do something with taxes, and most likely it’s going to be increasing them to obviously, you know, start paying down some of our national debt.

Lee Kantor: Well, if somebody wants to learn more, have a more substantive conversation with you or somebody on the team, is there a website? Is there a way to connect?

Michael Berkhahn: Yeah, I think the best way the website that we have is, is Graham Capital Wealth.com. Or you can call one of our local offices our our Tampa or Sarasota office number. You can just call us at (813) 645-1233.

Lee Kantor: And Graham Capital wealth is g r a h a m capital Wealth.com. Michael, thank you so much for sharing your story today. You’re doing such important work and we appreciate you.

Michael Berkhahn: Thank you. Lee. Thank you for having me on today.

Lee Kantor: All right. This is Lee Kantor. We’ll see you all next time on Tampa Business Radio.

Tagged With: Graham Capital Wealth Management, Michael Berkhahn

Bob Littell With NetWeaving International

August 16, 2024 by Jacob Lapera

Atlanta Business Radio
Atlanta Business Radio
Bob Littell With NetWeaving International
Loading
00:00 /
RSS Feed
Share
Link
Embed

Download file

Bob Littell spent over 50 years of his career in the insurance and financial services industry, serving as head of marketing for two insurance companies; then launching a national insurance brokerage agency and a consulting firm offering advice to high net worth individuals, insurance companies, and a variety of other parties including providing expert witness testimony.

In 1999, he created the word and concept of NetWeaving and has writing several books on the topic and spoken to hundreds of different organizations and companies here in the U.S. and around the world.

Connect with Bob on LinkedIn and follow him on Facebook.

What You’ll Learn In This Episode

  • The concept of NetWeaving
  • The keys behind setting up and ‘hosting’ NetWeaving meetings

Transcript-iconThis transcript is machine transcribed by Sonix.

 

TRANSCRIPT

Intro: Broadcasting live from the Business RadioX studio in Atlanta, Georgia. It’s time for Atlanta Business Radio, brought to you by Kennesaw State University’s Executive MBA program, the accelerated degree program for working professionals looking to advance their career and enhance their leadership skills. And now, here’s your host.

Lee Kantor: Lee Kantor here, another episode of Atlanta Business Radio. And this is going to be a good one. But before we get started, it’s important to recognize our sponsor, CSU’s executive MBA program. Without them, we couldn’t be sharing these important stories. Today on Atlanta Business Radio, we have an old friend, Bob Littell, with NetWeaving International. Welcome.

Bob Littell: Hey, thanks for having me, Lee. So great to see you again.

Lee Kantor: I am so excited to get caught up. Please get us caught up. What’s been going on in your world?

Bob Littell: Well, you know, you you had kind of said, give everybody who may not be familiar with the net weaving concept a little, little background. This is a 25 year old concept. And the reason why I actually came up with it initially, and I’m sure that a number of your listeners can identify with being in a large room. And what you’re sort of expected to do is to have these conversations with a bunch of people and find the perfect prospect for you. That’s the goal of most people who go into a networking event of any kind. Well, frankly, I just felt uncomfortable doing that. And so what I started doing is I would have brief conversations with people, and I try and get around to five, ten, 15 people. But what I try to do is find people, frankly, who I just liked talking to, talking with, and frankly, after having a short conversation and then I’d move on to someone else and almost invariably I’d find somebody who all of a sudden I said, you know what? I just had a conversation with Joe over there, and I think the two of you would really enjoy meeting, and I’d drag him over or her over and introduce the two. And so what I just found that I got my real enjoyment out of being in a networking event by just having good, friendly conversations with people. And if I had a short conversation with someone who was all about, well, let me tell you, enough about you talking about me.

Bob Littell: Why don’t I talk about me for a while and it just got a little overwhelming. So net weaving. Reverses the traditional concept of networking. Instead of asking yourself the questions, can this person help me? Do they know somebody I need? Do they have resources or information that would be helpful to me? Net weaving just flips that around and you train yourself to ask yourself, who do I know who might benefit meeting or getting to know this person? Or secondly, what resources or information do I have? Or someone in what we call my trusted resource network that once again might be useful and might actually help develop and create a trusted relationship with this individual. So that’s kind of the basics, but the action step of net weaving really entailed setting up meetings, usually a one on one first, and then at that one on one meeting, trying to identify someone who they would really like to meet and setting up and hosting that particular meeting. And that’s how some of these what I call ripple effect stories. And we can talk about some of those later, how they took place is that I’d make some introduction and then host a meeting, and then they would turn around and host a meeting for someone else. And it just created this ripple effect of positive energy that ended up being some amazing things. So that’s the short description.

Lee Kantor: And I think a key component of it is really the intent, right? When you go to one of these, um, events where there’s lots of business people, some people historically have gone there with the intent of I have to find that golden ticket person that’s going to buy my stuff. And when you go there with the intent, like you’re describing and you’re like, I’m just here to meet people and connect people, it takes all the pressure off and it just makes it a much more enjoyable event.

Bob Littell: Yeah, I’m very proud to say. In fact, I’m getting ready to have a conference call with a zoom call with him later on this week is my good friend Jeffrey Gitomer, the world famous, uh, speaker and crazy guy. Uh, Jeffrey one time quoted in one of his conferences saying, Bob Littell is the only person who I’ve ever met who totally gets what networking really should be all about.

Lee Kantor: So now I didn’t.

Bob Littell: Have to pay.

Bob Littell: Him.

Lee Kantor: That’s a bonus. Um, so, uh, you’ve been doing it for 25 years. You were kind of in a break for a period, and then you’ve relaunched.

Bob Littell: Yeah. Yeah. Well, you’re, you’re a you’re a perfect classic example of what we’re doing today. The most powerful form of networking. Net weaving. As I said before, you first have someone who you met at one of these meetings and the 1 or 2 people that you want to follow up with, I make notes on the back of their business cards so that when I send them an email, I almost always try and reference some comment that they made. Then I call up and assuming that it’s somebody that I want to set up a one on one hosting meeting, I mean, a one on one meeting that just the two of us. Then when I decided that this is someone I’d like to introduce to someone else, that’s where the real difficulty starts. Because in the old days, almost all the meetings were in person, and the higher up you go in power and influence, the more that you find difficulties in scheduling busy business schedules. Uh, travel. Travel to and from the meeting, setting up and picking the place where you’re going to meet. And frankly, the reason why I sort of got discouraged was how few people were recognizing the power of hosting meetings to make the introduction of two people, because what often would happen is a lot of the connections I was making, frankly, were above my pay grade.

Bob Littell: And when you hosted those kind of meetings, in many cases it allowed me to get invited into a, you know, a whole new network of people who, frankly, I had not been involved with prior to that. And so consequently, when zoom came along and when all of a sudden I realized that I could set up one or 2 or 3 zoom meetings. This this is my second. I’ll have two more zoom meetings this week, because now it’s as easy to set up a meeting or to host a meeting to make an introduction of two different people as it is sending a text or an email. And that’s why I wrote an article that, um, maybe I’ll send or send you a link that you could include in the post, uh, information that sent out a two part article in Sales and Marketing magazine on why net weaving is is exploding in popularity now, and it’s largely because of the ability of zoom and other forms of virtual online face to face communication.

Lee Kantor: Now, when things are done virtually versus in person, are there some kind of tips or or tactics or advice you can share to get the most of the virtual meeting? Because a lot of times in person, obviously there’s the energy of people in a room together. There’s all the subtle cues. And are there some things that you can share that can help somebody have a more effective virtual meeting?

Bob Littell: Yeah, hiring dancing women to be in the background can really be effective.

Lee Kantor: That helps. Okay, wait. I’m writing that down. Wait.

Bob Littell: It is more expensive. It is. What I find is that the virtual meetings do not take that much away from an in-person meeting. If you handle the meeting correctly. Now, what do I mean by that? The first thing is, when you have the one on one conversation with the individual, you’re trying to find out who were the key people that this person would like to meet. And what’s surprising is in many cases, this is not somebody who I know. They tell me someone who they would really love to meet. And in many cases, especially if it’s a high level individual, what I will do is I will ask them to send me their bio, and then I will make a send a that bio along with an email, knowing that my first conversation, if it’s a high level individual, is not going to be with the individual, it’s going to be with his executive assistant. And so I would start out by saying, um, uh, I’m sorry, but what is your oh, Barbara. Um, you hopefully. You remember I sent an email and I copied you on it, uh, about an individual who I think your boss would really enjoy meeting. The two of them have very similar backgrounds, and they’re working on some projects that I think might be of interest to both of them. And so I’m wondering if this is someone who you think, based on the bio, if you would share that with him, would like to meet and I’ll check back with you and see if and almost always then after they look up the bio, if I’ve done my homework correctly, it’s almost always would love to have that meeting be so nice to set it up.

Bob Littell: And then that’s that’s all there is to it. So it’s being creative in the way you set it up, listening. And it’s a puzzle. It’s putting pieces of a puzzle together of what is a meeting and a communication? For example, I’m hosting a second meeting this week and this one is in person. I’m putting together a fellow who’s with one of the senior VP of one of the largest construction companies in Atlanta, um, and putting together with someone who literally helped run six of Ted Turner’s companies back in the in the heyday of when Ted Turner was just doing unbelievable things and buying companies and doing all kinds of stuff. I was amazed that the two of them didn’t know each other, from just the fact that both of them were so high profile in Atlanta, and once again, they both have a high interest in cars. And so the two of them, uh, I can’t wait to be part of the conversation.

Lee Kantor: Now, is that a mistake that people make a lot of times is that they focus in on maybe their exact target, rather than maybe people in and around them. Um, a lot of times I think the phrase is called weak ties. Those are the people that aren’t directly connected, but they’re around your periphery that you can maybe access a little easier, and then you could leverage that.

Bob Littell: Well, two points, two points to be made there. One is I define meetings as either strategic or non-strategic. A strategic meeting is where I already have in my mind how the two people would really enjoy, why they would really enjoy meeting and getting to know each other. A non-strategic meeting are ones where these are just two good people that I’ve just really enjoyed having a conversation with. And frankly, some of those meetings that I’ve set up that I had no idea up front. I just felt the vibes. I felt the body chemistry of the two of them. And some of those meetings had been some of the most fun, and some of the ones that have created amazing things that none of us had any idea prior to having the conversation. The second point, though, I was really influenced by research by a fellow named Mark Granovetter from Stanford. And what he the research that he had done showed that if you imagine a target and three circle with a bull’s eye being in the center, the bullseye represents your primary circle of contacts. Depending on the size of your network, that might be three, four, five, maybe even ten people who you’re dealing with on a daily or at least a weekly basis. The second circle, the secondary one, are people who are coming in and out of that primary circle on a fairly regular basis, maybe every couple of weeks or every month.

Bob Littell: You just kind of reconnecting. Everyone in that third circle is what we would call a weak tie. They are someone who, over your lifetime, your career, you at one time had a good relationship with, but you’ve lost touch and contact. And so I literally make a habit every week. And if if your listeners, if they do nothing else than follow up on this piece of advice, every week I go back through emails, through past correspondence, and I come up with two people, three sometimes, who I haven’t talked with in usually two to 3 to 5, sometimes even ten years. Uh, there’s one individual that I’m now working with that guess what? I may end up being an executive producer on a. Science fiction movie. It’s too long to tell the tale, but he used to, uh, come to one of my book clubs, and he’s now written a science fiction novel called The Cloud, which was, uh, considered the best science fiction book of, of 2023. And so who knows? It’s just it’s just so much fun when you kind of approach net weaving more as a game than as something you have to do.

Lee Kantor: So, um, where what’s kind of on the roadmap?

Bob Littell: Well, I told you why I kind of dropped out of the game for a while. Um, and when I decided to get back in. I said, you know what? This is my legacy. What do I want to leave as the legacy? And I got to thinking, I years ago, I had developed something called the Net Weavers Aptitude Assessment Quiz. And the new website that’s going to be launched within the next week or so, which is Net Weavers Inspire. The first thing that will happen when you go to the website. You will take this free quiz. And first, the quiz has has a series of statements and you grade yourself from 1 to 10 on how applicable that statement is for you currently. The first category is your attitude towards the concept of altruism. Doing something for someone without any expectation of how you’re going to benefit. And so there’s five questions there that or five statements. And you grade yourself from 1 to 10 with ten being boy that’s me I do that all the time. Then the next three categories are the three skill sets of net weaving being a connector of others with their needs, problems, opportunities and mind rather than your own learning how to position yourself as a gratuitous resource for others. No expectation of gain. And the third in line with the first two is building a trusted resource network, made up of people who either you have vetted as being exceptional at what they do, or they come so highly recommended to you that you immediately trust and want to have them in that in that network. So part of what I wanted is I wanted to have a course.

Bob Littell: And so now we’ve developed a course online called the NetWeaver Diplomat. And the great thing about this is we’ve got it on a platform that allows me to translate it into over a hundred different languages. So you come to the you come to the website, you take the free exam if you like what you see based on your score, because your score will either say you’re a natural. Netweaver been doing this all your life. You just never had a word for it. In fact, that’s what Arthur Blank, the testimonial on the cover of my my book The Heart and Ardent Weaving, said. The second category, a little lower score, is Annette Weaver. In the wings you see a few areas that you can improve upon. And then Annette Weaver’s apprentice, meaning you see a lot of areas that you could improve on, but you love the concept and you want to improve. And then I struggled with what do I call that bottom low score. So I finally came up with a politically acceptable that’s a net weaving skeptic. Oh, nobody does anything for someone without thinking of how they’re going to benefit. And there’s two areas of that. One is, though, people who are scoring low because they’re just starting a career, and they really have never thought of all these skill sets and ways. And that, for example, I’ve done a number of programs there at CSU’s executive MBA program, and part of where I really get excited is helping people launch a career with Net weaving in mind. I sure wish I’d realized or been taught these skill sets coming right out of college. I don’t know where I’d be today, but, uh, but I know I would be even more above where I am today.

Bob Littell: So anyways, now those are the first two. You actually do upgrade to take the course and also have access to all 50 of the business book summaries. And I mean these are Malcolm Gladwell, Dan Pink, Stephen M.R. Covey, Jeffrey Gitomer. These are some of the best business books out there that I, with author’s permission, I wrote, and those are terrific as what I call follow up and follow through value added ways to add to the emails that you’re sending out, either wanting to set up a meeting and providing information up front, you would ask, what’s a better what’s another way to set up a meeting? That’s a great attachment to send an article that you and a some one of the book summaries that you know, would have interest be of interest to the high level individual you’re trying to to connect with. But the final area that I’m really excited about is I want to leave a legacy of inspiring people to create their own ripple effect. Stories where you make a connection, you make an introduction, you host a meeting, and then those people, when they try and turn the table and say, Bob, this is great, but how can we help you? You simply ask them to pay it forward and do the same thing for someone else or someone else. And it creates that ripple effect. And I want to create a whole library of stories by category of people who have done that and the amazing things that end up happening. So that’s that’s kind of the goal is to create that platform and get people involved.

Lee Kantor: Now, how do you, um, how do you kind of explain this concept to a lot of the young folks who are not? I guess I don’t know if the word comfortable is the accurate word, but they don’t do a lot of in-person conversations. They don’t do a lot of even zoom conversations now. They prefer more of the impersonal texting. And, you know, not almost not in real life interactions. So how do you kind of help them either see the value or open their minds to, uh, to this concept?

Bob Littell: Well, actually, it’s a great question because, frankly, I’ve created a new word called a catalyst connector. And in some cases, I hate to say it, but the new generation of young leaders in many cases are not comfortable with net weaving. And so I another one of my goals is to create an army. And I’ve already got a number of people that are willing to fall into that role of actually calling up with the young people and showing them by doing it, how to make those kind of connections. And frankly, it’s a little bit the same with highly technical financial service people like CPAs and attorneys. And, you know, the jokes about an actuary, you know, an outgoing actuary because he’s looking at the other person’s shoes rather than his own. Um, and yet I’ve had some success stories with very highly analytical people by not just telling them how to do it, but actually showing. And that to a little, a little extent is what we’re going to be doing with this new Project Atlanta Way 2.0, where we’re going to be using net weaving as a way to create leader to to to inspire leaders within the city of Atlanta to work on major projects together and collaborate and and connect with each other in ways that they might even be uncomfortable doing. But we’re going to make them.

Lee Kantor: It’s so interesting because every person in business knows that referrals are kind of the key, and if you have a system for referrals, you’re going to be in great shape. And then this just kind of aligns perfectly with that type of thinking.

Bob Littell: Yeah. And you know, we’ve only got a few minutes. So let me end with or at least cover one thing that I think is so important because a referral is a risk on the part of the person making it, you, you know that you’re not going to go to a networking event and have somebody immediately say, oh, my best client is so-and-so. Let me make an introduction. You have to build trust. So I had had quite a few people at the not quite a few, but a number of people who would come up to me at one of my talks and said, Bob, I heard you speak a while back. And I had to be real honest with you. I’ve been doing a lot of your net weaving and I’m not seeing little, if anything, come back. And so finally, I really developed a a way to determine what the problem is. First, I’d ask them, tell me how you’re doing it and all. And a lot of times what would come out is they’re still net weaving, networking. They’re implying after they help someone. Well, you know, it sure would be nice if you happened to come across someone who needs my services. I’d love to have you refer me. You can’t mix the two. Net and knit weaving is not an attack on traditional networking. You have to do both to be successful, but you can’t mix the two. The second reason I discovered was the world is made up of givers and takers, and when you knit we for a taker, they will take and take and take. And you can do it till the sun doesn’t shine and nothing will come back around because they just have.

Bob Littell: They’re missing the reciprocity gene. The third one is the most interesting though. And it’s a weakness that we all have, especially if it’s a high level connection. So you introduced me to Arthur Blank. And guess what? I take ownership of that new relationship. And unless you follow up a week, two weeks, three weeks, a month. Hey, Bob, whatever happened to that connection introduction that I made with you? And oh, my gosh, Ashley, I forgot you were the one that introduced me to him. Gosh, I really am sorry I never got back. He introduced me to so and so and we’re now. We’re best friends. So we forget the girl that brought us to the dance. And it’s a I see that happen a lot. But frankly, Lee, there’s one other category and it’s the hardest one. It’s where you’re having this conversation with someone, and deep down inside you’re saying to yourself, I’m not really sure I would feel comfortable introducing this person to someone else. They didn’t come across to you. Maybe it was their dress, maybe it was vibes, whatever. But frankly. Once again, a referral is a risk on the part of the person making it. And if they don’t have confidence, what’s the solution They have to become more. They have to change their image. For some people it may not be possible, but I make suggestions of taking different workshops on creativity, how to how to how to make yourself not just acceptable, but the wow factor. So somebody would say, wow, no one has ever done that for me before.

Lee Kantor: So if somebody wants to learn more, connect with the community. What is the coordinates? What is the website?

Bob Littell: The website is is you can we’re going to get there where you can get there one of three different ways. You can either go to net weaving, dot com, Net weaving international.com or the new Net Weavers Inspire, which will be launched within the next week or so. And once again, we hope that, uh, those who love this concept will spread the word and become ambassadors of the concept because not only is it good for your business, but, you know, research has shown that there’s such a thing as endorphins in the brain when you help someone, that just gives you that satisfaction feeling and that makes that energizes you, makes you better at everything you do. It’s a great way to build your business, but it’s actually a great way just to live your life.

Lee Kantor: Well, Bob, thank you so much for sharing your story today. You’re doing such important work and we appreciate you.

Bob Littell: Well, thank you again for having me. And let’s stay in close touch. And remember, I want to have you involved in this Atlanta way 2.0 as well. So we’ll talk to you about that later. But thanks again for having me.

Lee Kantor: All right. This is Lee Kantor. We’ll see you all next time on Atlanta Business Radio.

Tagged With: bob littell, NetWeaving International

Jeffrey Gray With AgeTech Atlanta

August 15, 2024 by Jacob Lapera

Atlanta Business Radio
Atlanta Business Radio
Jeffrey Gray With AgeTech Atlanta
Loading
00:00 /
RSS Feed
Share
Link
Embed

Download file

Jeffrey Gray serves as the Founder of AgeTech Atlanta, The Memory Kit, and Forever Home. He is a Certified Aging-In-Place Specialist (CAPS) and advocate for Alzheimer’s care and prevention.

Age Tech Atlanta is a close knit community of Atlanta-based innovators that are committed to changing the definition and experience of aging. Their group is comprised of startup founders, industry mavericks, educators, researchers and influencers in the fields of age tech, elder care, and longevity.

Connect with Jeffrey on LinkedIn.

What You’ll Learn In This Episode

  • AgeTech Atlanta history
  • Partnership with AtlantaTech Village, the 4th largest tech space in the US
  • Atlanta as a significant city and an innovation hub to develop age-related technologies
  • Market for Agetech related solutions
  • The greatest challenges facing AgeTech entrepreneurs

Transcript-iconThis transcript is machine transcribed by Sonix.

 

TRANSCRIPT

Intro: Broadcasting live from the Business RadioX studio in Atlanta, Georgia. It’s time for Atlanta Business Radio, brought to you by Kennesaw State University’s Executive MBA program, the accelerated degree program for working professionals looking to advance their career and enhance their leadership skills. And now, here’s your host.

Lee Kantor: Lee Kantor here, another episode of Atlanta Business Radio. And this is going to be a good one. But before we get started, it’s important to recognize our sponsor, CSU’s executive MBA program. Without them, we couldn’t be sharing these important stories. Today on Atlanta Business Radio, we have Jeff Gray with Age Tech Atlanta. Welcome.

Jeff Gray: Hey, thanks. It’s great to be here.

Lee Kantor: I am so excited to learn what you’re up to. Tell us about Atlanta. How are you serving folks?

Jeff Gray: So age Tech Atlanta is a community of innovators and educators and influencers and others, all who are trying to redefine the experience of aging through technology. And we have built this community into the largest of its kind in North America. So Atlanta is home to some of the greatest entrepreneurs and innovators in the in the space of age tech.

Lee Kantor: So what is your background? What led you to be involved in this community?

Jeff Gray: Well, I moved to Atlanta for 25 years ago or about 25 years ago as a part of my the sale of my first business, which was in an entire different technology sector. But after I lost my mom to Alzheimer’s in 2015, I started on a journey of innovation, founded an early company called the memory Kit. But I got interested in trying to solve problems around Aging care course, the Alzheimer’s and Dementia diseases. And that was in 2015. And that led me to over time, create a large network and found H tech Atlanta as a way for folks to get together and network, learn and grow.

Lee Kantor: Was H Tech Atlanta part of like a larger organization or did you start this just from, hey, I think there’s a space here that we should bring some smart people around and see what we can do.

Jeff Gray: Yeah, more the latter. You know, I’ve been I’ve had my home base business wise at the Atlanta Tech Village since 2016, and I had a lot of folks who asked me over the years, hey, Jeff, why don’t you start a little net or not even start a group? But why don’t you throw a networking event? Because I was introducing people over the years, making cross connections, helping other people meet folks that could, you know, help them, you know, increase their knowledge or get some traction in their business. So we did that three years ago, started it with a networking group and a margarita bar, by the way. And from there grew this organization organically by meeting every other month since we started.

Lee Kantor: And then what are you kind of defining the parameters of agetec as like what are the components, like you mentioned, Alzheimer’s. I can understand kind of medical components to this group, but does it involve like, you know, active lifestyle for retirees or like are there, you know, other components or is it kind of just focused on health?

Jeff Gray: No, it’s more towards the latter. So we have you know, we have startups and large ventures that are focused both that are focused on things like, you know, health care, senior living, senior care, home health, those kind of things that your mind would naturally go to. Also, some of the diseases that we commonly associate with aging, like Alzheimer’s, dementia, to some extent Parkinson’s, but we see the whole age tech ecosystem as a lot bigger We think that there’s room for innovation in travel and tourism, finance and banking, retail, um, uh, home improvement. Um, so there’s lots of areas where there’s innovation for aging populations. Remember, you know, they there’s a commonly, uh, bandied about statistic, but it’s even though we hear it often, it’s still worth noting that, you know, today, um, and every day, some 10,000 people turn 65 in the US, um, uh, people over 55, actually, Boomer, Gen X and boomers own 71% of all single family occupied houses in the US. It’s $0.50 on every dollar spent in America of our GDP is by an older adult. So it’s a huge sector of the economy. And yet there’s definitely, uh, innovation in those areas you mentioned. But as you alluded to, it’s a much bigger tent, if you will, than just care.

Lee Kantor: So what are you trying to do with age tech Atlanta? Are you looking for more members of the group, or are you looking for more organizations that are touching this space to, you know, just learn about like what? What’s kind of the goal?

Jeff Gray: Yeah. Well, the mission is actually to build Atlanta into the center of excellence and innovation for tech. And while we’re at it, we’re also trying to make Atlanta the best place for older adults and their loved ones to call home. But we’re always looking to engage entrepreneurs, educators and researchers as well as larger ventures. Um, healthcare systems, healthcare providers. Did you know digital health innovators? Um, we meet our I would say foundationally, we built ourselves on a meeting every other month where we always have three presenters that show their new technology or new innovations in the space, so we’re always looking to invite more people to come. And you know, those events themselves offer incredible opportunities for people to meet one another in a casual setting, but in a learning setting as well. So that’s one of the main ways we help, is by putting people together every other month, every year, um, where they can meet each other, connect, find opportunities to do business, maybe to engage in pilots, to do research together, those kinds of activities.

Lee Kantor: Now, are you finding the folks that are playing in this space? Are they themselves kind of the seniors, or are there young people that are also getting involved?

Jeff Gray: Yeah. You know, uh, well, first of all, I would say that the majority of the age tech ventures that we see are, you know, the overwhelming majority, like 90% of them are story led. And I mean that what I mean by that is something happened in that person’s life, um, that gave them that aha moment, or they went through a difficult journey and they, they went about the business of trying to tackle problems that they had. I would say that the majority of founders are not over 55, I would say. I we’ve never really tracked that, but it’s a pretty mixed group. Um, we have a couple of founders in their 70s. Hey, I’m 62, but it is a it is a young crowd. Um, I’m always fascinated and encouraged by the interest really young founders in their in their 20s and early 30s. Uh, the interest and passion they have for this space.

Lee Kantor: So, um, share a little bit you mentioned a little bit about what happens at one of these events. Um, I know margaritas are involved sometimes. Um, and you mentioned some, some speakers, but, like. So, um, is it at Tech Village? Is that where they’re usually located or they’re around town.

Jeff Gray: Mostly at the Tech Village, but we have um, we are events are sometimes hosted off site. We publish them at Tech Atlanta on our events page. Um, but yeah, I would say, you know, we have a great partnership with the Atlanta Tech Village that I can tell you a little bit more about, but most of them are here. Um, again, we publish them and we send them out to our whole mailing list, uh, as soon as we have another date. We’ve also, uh, at the atdc is hosted a couple, and we’ve had an event or two at a partner site. Um, so we mix it up a little, but most of them are here at the Tech Village.

Lee Kantor: And then how many companies are involved with the group right now?

Jeff Gray: Well, you know, our mailing list is about a thousand of those. We’ve got a couple of hundred companies at various stages. The core group of innovator companies is closer to 70. Um, but in addition to the, to the, you know, the tech startups themselves, um, you know, we’re working with, you know, the we’re, you know, interacting with Georgia State and Emory and Georgia Tech, right. Obvious folks who are innovating some and their students. Uh, other incubator and accelerator program. So the the ecosystem is not just the startups. And we also have, you know, it’s it’s startups and upstarts at all different sizes and stages. So it’s not just the scrappy startup with an idea on the back of an envelope. We’ve got some fairly large ventures that have got some serious traction in the industry. Companies like AQ, shield, Welcome Home Software, uh, that are fairly well known, that are at, you know, they’re operating at large scale and now giving back and supporting the ecosystem.

Lee Kantor: Now as part of the community is you mentioned incubators. Is that part of kind of the roadmap where you’re trying to incubate some of these ideas as well? Or is it just to be a community for people in the space to, you know, kind of mix and mingle and learn from each other.

Jeff Gray: Well, we over the years, we’ve had about 125 or 1 on ones that have led to about 450 introductions to capital, community content, um, partners. Um, so we are active, uh, you know, sounding boards and mentors on an ongoing basis. We don’t operate as a formal incubator or an accelerator because there’s a lot of those both in Atlanta and beyond. Um, but we have an open door. All of our contact information, information is easy to find, either on our website or LinkedIn. We’re always here for our founders to help them solve a problem or if they need an introduction. We do host, um, pitch competitions and other signature events, um, where we’ll, you know, we’ll do specific programing or content or an event for the industry itself. So last two years in a row, we’ve produced the tech Challenge Innovation Showcase Pitch competition in partnership with the American Society on Aging. So it’s an example of, um, of some of the things that we’ll do that go beyond the meet ups.

Lee Kantor: Now, you mentioned some news with Tech Village. You want to share that?

Jeff Gray: Yeah, I’d love to. So, um, as of a few months ago, we kind of expanded on our partnership with ETV, has been supporting of us of what we’re doing from day one. Uh, they expanded that support. Um, have provided us some larger office space. The key part of the partnership that’s really exciting. Um, is that we now have two scholarships to offer tech startups who can work in in our office for six months to a year at a time. And this is great for for founders who are, um, either kind of early on and need some need some space, maybe save some money, or maybe they just want to benefit from the environment over here at the Tech Village, which I’m sure you’ve been over here. There’s really no place like it. Um, you know, if you if you want to meet some people that can maybe help your business grow, spend an hour in the community center or a couple of hours just working down there. People come up and introduce you. They want to know what you’re doing, what you’re working on, and how they can help. Um, so we’ve got two founders, one, uh, a guy named Bryce Folsom, who’s the founder of a company called E-life, which is a wristband that connects to a mobile app, which at the top of it would allow first responders to have all of the medical information about a person wearing the band, even if they couldn’t communicate themselves. Um, and a company founded by Melody Roberts called Live Labs, which is a female incontinence product that’s, um, going through its development and FDA approval process. So we have two entrepreneurs now in residence with us as they’re building their companies, um, fully supported by us and the networks that we provide them.

Lee Kantor: Now, are you finding that, um, maybe across the country or even internationally, there’s more and more, uh, you know, technology startups that are playing in this space or at least exploring this space, is this kind of a growth area.

Jeff Gray: It really is. So, um, I’m sure a lot of your listeners and you have heard of AARP, um, which is a huge organization. They, um, have a they have a program called the Tech Collaborative. So they’ve been fostering innovation in the space. They’ve really validated it. Um, and um, all of that programing is, is virtual. And then we are actually mentoring new communities, helping communities grow, um, using our playbook and what we’ve learned in other cities around the country right now. So we’re working with, with groups of of innovators in LA, Denver, Chicago, New York, Washington DC and Toronto. So, um, yes, we’ve found our found that not only are we able to reach out throughout the southeast. Um, but over the last two years, after about after our first year, we started receiving lots of outreach from folks saying, hey, can you help us, um, grow similar communities in our areas? So we’re going to do six of those all under the Atlanta umbrella. So yeah, we’re we’re growing beyond the borders. Uh, well, we grew we outgrew the strict borders of metro Atlanta in terms of the companies we interacted with early on and then through the southeast. And then, you know, really into North America as well.

Lee Kantor: So what do you need more of? How can we help you?

Jeff Gray: Um, gosh, I just love first of all, we’re so appreciative just to, you know, have your airwaves and let people hear about us. You know, we’re really interested in meeting anyone that’s even interested in technology, that it can improve aging at any level. So it could be we welcome individuals who want to come to our meetups. They can go to our website. There’s you don’t need credentials of any kind to attend a meet up. We love to talk with investors, um, social workers, caseworkers, um, from Triple A’s, um, folks with the state Department of Aging. Again, we always welcome investors who are interested in learning more about the space and and entrepreneurs at any stage. And maybe someone out there here’s the here’s us on the show and has just an idea they can reach out to us through the website or to me on LinkedIn. We’d be happy to talk to them and give them some feedback. Uh, even at those just nascent stages when they they’ve just got that spark. Um, and I would say, you know, just the other day I met with someone who said, I don’t know what it is, but I know I want to help this community through technology. Can you give me some ideas of some, some places or some needs that you think are unfulfilled? So we’re always here to help. We are just really interested in meeting anybody who shares our interest and passion, no matter what they do.

Lee Kantor: And then folks in other markets that might want to start their own community. You’re up for those conversations as well.

Jeff Gray: Yeah. Yeah, absolutely. For today, we would probably plug them into one of the super regional communities. But yeah, we’d love to hear from anybody who’s outside of of the greater Atlanta or southeastern region, um, that’s interested in supporting the growth of this really, uh, thriving and exciting ecosystem, um, called age tech.

Lee Kantor: And then the coordinates one more time is age tech Atlanta. Com age tech atlanta.com.com.

Jeff Gray: Yeah that’s us.

Lee Kantor: Well Jeff thank you so much for sharing your story today. You’re doing such important work and we appreciate you.

Jeff Gray: Oh no I appreciate you. Thanks for the opportunity to share some of what we’re doing.

Lee Kantor: All right. This is Lee Kantor. We’ll see you all next time on Atlanta Business Radio.

Tagged With: AgeTech Atlanta, Jeffrey Gray

Anne Shoemaker With Anne Shoemaker, LLC

August 5, 2024 by Jacob Lapera

GWBC Radio
GWBC Radio
Anne Shoemaker With Anne Shoemaker, LLC
Loading
00:00 /
RSS Feed
Share
Link
Embed

Download file

Anne Shoemaker,  Founder of Anne Shoemaker, LLC.

She is a career advisor, strategist, and coach for executive and aspiring executive women. She applies her 20+ years of experience as an executive and leader in corporate, non-profit, privately held, and early-stage startup businesses towards supporting and elevating women into positions of power and influence in their careers and communities.

Prior to founding a WBENC-Certified WBE (Women Business Enterprise), earning her coaching accreditation, and navigating a career change, Anne earned a business degree from Wake Forest University and a graduate degree in e-commerce from Lulea University of Technology in Sweden.

A lifelong learner, she has earned professional development certifications from globally recognized institutions such as The Banff Center, the International Coaching Federation, the U.S. Chamber of Commerce, and the Co-Active Training Institute. Through 1:1 and small group coaching, advisory services related to building one’s career marketing portfolio and network, and workshops, Anne helps women unlock their potential so they can reach new levels of impact and fulfillment.

Her portfolio of coaching clients is 100% dedicated to women who are CxOs, legislators, founders of venture-backed and bootstrapped companies, and professionals such as attorneys, accountants, and physicians who are considering steering their career in a new direction – and want a co-pilot to help them navigate.

Connect with Anne on LinkedIn.

What You’ll Learn In This Episode

  • Why should organizations invest in the advancement of women in their workforce
  • Investments into what kinds of programs or activities tend to pay off in this regard
  • What distinguishes a coach from a mentor or a therapist
  • What is it about coaching that makes it so transformative

Transcript-iconThis transcript is machine transcribed by Sonix.

 

 

Tagged With: Anne Shoemaker, LLC

Genna Keller and Anne Marsden With Trevelino/Keller

July 31, 2024 by Jacob Lapera

Atlanta Business Radio
Atlanta Business Radio
Genna Keller and Anne Marsden With Trevelino/Keller
Loading
00:00 /
RSS Feed
Share
Link
Embed

Download file

Genna Keller, Co-CEO, Trevelino/Keller

She is a public relations and marketing executive with 30 years of experience working in the technology, health, B2B and consumer lifestyle sectors. As agency co-founder, she has been instrumental in guiding 20+ years of growth and leadership, expanding the company from an initial five-person firm to an agency to a nationally ranked and ranked #2 independent firm in Atlanta.

Prior to the founding of Trevelino/Keller, she served on the management committee of Ogilvy Public Relations via the acquisition of Alexander Communications, where she parlayed her technology and innovation foundation across multiple practices – serving as M.D. of the Atlanta office as well as simultaneously serving as M.D. of the N.Y. and D.C. technology practices.

Genna is active with the startup ecosystem in the region and is a member of the Buckhead Coalition. She has been named one of Atlanta Magazine’s 500 Most Powerful Leaders for the past five years and is recognized in Georgia Trend’s Georgia 500 Most Influential Leaders.  She serves on and is an advisor to several service-oriented boards and is a proud graduate of Wake Forest University.

Anne Marsden, Founder of Marsden Marketing

A graduate of Georgia Tech, Anne is a “geeky creative” type who is passionate about using marketing to drive revenue growth. With 20+ years in B2B technology-driven companies, she built and led marketing, business development and sales teams for Fortune 100s and entrepreneurial startups, in the U.S., Europe and Latin America. A high energy, results driven professional, her motivation is to create positive growth for her clients and her team.

She launched Marsden Marketing in 2001 as a marketing consultancy. As technology began to change buyer behaviors, she anticipated the shifting roles and opportunities in B2B marketing and sales, and expanded the firm to provide a complete suite of digital and traditional marketing services. Today, Marsden Marketing is helping clients accelerate growth using the technologies, digital tools and channels that have unleashed the connected world.

Every day, Anne challenges herself, her clients and her team to be bold, think strategically and have fun.

Follow Trevelino/Keller on LinkedIn.

What You’ll Learn In This Episode

  • How has the focus of B2B marketing shifted in the past few years
  • How can B2B marketers stay ahead of the curve in a rapidly changing landscape
  • How has the digital transformation and new technologies affected B2B marketing
  • What are the biggest challenges facing B2B marketers today
  • Opportunities for B2B marketers in the next few years

Transcript-iconThis transcript is machine transcribed by Sonix.

 

TRANSCRIPT

Intro: Broadcasting live from the Business RadioX studio in Atlanta, Georgia. It’s time for Atlanta Business Radio, brought to you by Kennesaw State University’s Executive MBA program, the accelerated degree program for working professionals looking to advance their career and enhance their leadership skills. And now here’s your host.

Lee Kantor: Lee Kantor here another episode of Atlanta Business Radio. And this is going to be a good one. But before we get started, it’s important to recognize our sponsor, CSU’s executive MBA program. Without them, we couldn’t be sharing these important stories. Today on Atlanta Business Radio, we have Genna Keller and Anne Marsden with Trevelino/Keller. Welcome.

Genna Keller: Thanks, Lee. Well, glad to be here.

Lee Kantor: I am so excited to get caught up with both of you. Before we get too far into things for folks who aren’t familiar, can you give us kind of an overview of Trevelino/Keller? How are you serving folks?

Genna Keller: Yeah, sure. Thanks. So we are a digital and marketing agency, and we’re serving folks in three primary areas public relations, creative services, and growth marketing. Ann and her team have recently joined us to add incredible depth and expertise on the growth marketing path, so we’re incredibly thrilled.

Lee Kantor: So for folks who aren’t familiar, can you share a little bit about maybe definitions of terms like what is growth marketing and what is specifically B2B growth marketing?

Genna Keller: Yeah, sure. Sure. I’ll lead off. And then Ann, you can you can add to it. But at the highest level we define growth marketing as you know, marketing that will grow the business. Right? I mean, it will grow the business from a sales perspective, etc.. And, you know, B2B is certainly a critical part of that. So and I’ll let you add to.

Anne Marsden: Yeah. So Marsden marketing, when we were acquired by Trevelino/Keller, we’ve been doing B2B focused marketing for over 11 years, and the the difference is that there is a need for marketing to now have a revenue responsibility. As a matter of fact, our tagline has been marketing that sells because it’s now marketing’s job to work more closely than ever with the sales organization and to put programs in place that actually move the needle on the sales side.

Lee Kantor: So how is that different than the past? I mean, I have a degree in advertising from many, many years ago, and one of the first things we were taught was it’s not creative unless it sells. So how are we back to that now? Like what? What’s changed? Well.

Anne Marsden: Well, first of all, the biggest thing that’s changed is the shift to digital. And with the shift to digital comes a lot of different aspects of how you do marketing and how marketing supports sales. First of all, B2B buyers don’t buy the way they used to. They now have the ability to go online and learn and make decisions without even talking to a sales person. So there’s a greater emphasis on content marketing and thought leadership, as well as the fact that with digital channels, we can now measure things in a way we never could before. You couldn’t really measure how your advertising was doing 20 years ago, but now you can.

Genna Keller: Yeah. And to add to that, Lee, I don’t think at a high level it’s different, right. You know, you’re not doing marketing just to market. You are doing marketing to sell something. But Ann’s exactly right. You look at the influences and you look at the buyer. I mean, right now we are dealing on the B2B and B2C, but on the B2B end, a lot of these buyers, the majority are digitally native, right? I mean, they they know this and, um, you know, they’re looking at the website first, they’re eMarketer, uh, published a study, 60% from their survey, 60% of the buyers go to the website, to a supplier’s website, 55% go to a webinar, 52% to Anne’s point conducts research, 50% look at peer review sites. So those are all digital platforms that growth marketing has the ability to influence that impact sales.

Lee Kantor: Now, um, just because you can measure something doesn’t mean it’s kind of worth measuring. How do you kind of discern, um, with the metrics that matter and really get down to, um, what are the metrics that matter? And let’s focus on moving the needle in those areas instead of just moving the needle on things that we can measure.

Genna Keller: Yeah, and all of.

Anne Marsden: It is about finding the right KPIs for what you’re trying to achieve. You know, I use the example, the fact that I have 36,000 Twitter followers or X followers doesn’t mean anything unless there’s a through line that says that the interactions that we’re having on that channel are actually educating people and creating more interest for us. So you have to go past vanity metrics and pick the right KPIs.

Lee Kantor: So how do you help your clients do that? Like what does it look like when you’re onboarding a client who obviously is not as savvy as you and maybe has a lot of things they think, they think or think they know. But how do you kind of educate them and move them into the mindset of this growth marketing and to help them understand that, hey, you know what, at one point we thought having, you know, lots of Facebook, uh, followers was a good idea. But to your point, you know, we have to, you know, have a through line to revenue and all of that stuff. While it looks good to talk about, you know, at the club isn’t really moving the needle in your business.

Genna Keller: Yeah, yeah. And I think we can tag team this one in. Um, you know, first off, we as marketers have to understand the client’s business, the prospect’s business. Right. And what are their goals? You know, what are their short term goals? What are their long term goals? Um, and long could be. And short can be defined by any difference measure. But we’ve got to understand what is important to them and where do they need to move the needle. Right. Then, you know, we will look at the different channels that map to that, um, that they understand. Right? They may not understand all of the sausage making in the background, but they understand at a high level what their buyers are influenced by and where they’re going. If they don’t understand that we can even do tests, right, so we can test different channels and then we can explain to them, hey, look, this is who who you’re getting from X, this is who you’re getting from LinkedIn. This is who what’s happening from an email marketing perspective, this is your website traffic.

Anne Marsden: Very often times we have people coming to us and they have a sense of who their buyers are, but they haven’t necessarily dug deep into understanding actually, which channels do they use? Where do they go to learn, as Jenna mentioned, you know, do they use peer review sites? Do they attend webinars? And so, um, every client is different in terms of where they want to get to and what where they sit competitively within their landscape, and doing the research to understand the buyers and where they are. And the best ways to get in front of them is a key part of putting the plans together. It’s really helping them develop a go to market strategy to be the most effective.

Lee Kantor: So how do you help someone develop a go to market strategy when the market changes so rapidly? Like, you know, the search engines change their algorithms. Ai is now coming into play where that’s affecting search engine optimization and how you structure content. Um, how how do you kind of deal with this ever changing moving landscape?

Anne Marsden: So the methodology doesn’t change tremendously. But what you learn as you’re putting your methods to practice does bring you new information. So there’s no such thing as a set and forget mentality. You know, the the thing about being mostly digital is that you’ve got to constantly be iterating, learning and staying at the forefront of the different tools that your buyers might take advantage of, and also the technologies that we can use to better get in front of and service those prospects.

Genna Keller: Yeah, yeah. And Lee brought up the I, you know, phrase, right. It’s omnipresent. Um, and it is the wild wild west of that. And so, you know, we are constantly evaluating the tools and the technologies. And, you know, we’re constantly evaluating how can we stay current and how can we, you know, take advantage of those because you can’t just do those in a vacuum. You still have to have the human filter. Um, to your point, to keep up because everything is consistently changing. But you’ve got to have, you know, the folks that understand and can interpret what is happening in that realm.

Lee Kantor: Now, do you have any advice for the business to business marketer who maybe was relying on some of these third party platforms, like you mentioned, LinkedIn and Facebook and, um, and then they realized that, you know what, when I’m posting there and I’m spending a lot of time and energy and resources there, it’s not going to everybody that I think it’s going to and I’m going to in order to reach all those people, I’m going to have to, you know, pay those platforms. Because the old adage is true that if you if it’s free, then you’re the product. So they are realizing more and more that building up those kind of, um, audiences in those third party platforms isn’t really your audience.

Anne Marsden: I think that you have a good point, Lee, but particularly what it points to is the need for every marketer to understand all of the different channels that they should be using at the same time. We talk about omnichannel marketing because that’s what buyers now expect. But that’s also, as a B2B marketer, the only way you’re going to win. Gartner did a study, and they found that companies that use four or more channels to reach their target audience were 300% more effective in their marketing programs than those that just just used 1 or 2.

Genna Keller: Mhm. And to that point, you know the set it and forget it. That’s that’s gone. And those four to use Gartner’s data could fluctuate and change depending on the month depending on the seasonality of the business depending on, you know, what is going on from a macro economic perspective. You know those your channels are constantly evolving and that is our job to look at them and see which ones are working and which ones are not. And that is the beauty of the digital channels. We can see that, um, and we can see that in real time, and we can make adjustments in real time and advise our, our client base and marketers on what they should do.

Lee Kantor: So any advice for the B2B marketer out there? We’re like, what’s the low hanging fruit today? Where are some, uh, places they should be, um, putting their energy and resources. Uh. Any advice?

Anne Marsden: I think the advice.

Genna Keller: Go ahead. Yeah. Go ahead.

Anne Marsden: Uh, I think I think the advice has to be different for each person in each organization because you have to measure what is their maturity model today. If they’re not, um, super digitally focused, then the first, then start there. If they already have a fairly sophisticated tech stack and they understand that, then the advice becomes, where can you be gaining maximum ROI from each of your investments and using all of your investments together in that technology stack.

Genna Keller: Yeah. And even to back up, um, I think, you know, we can get caught up in the tools and the tech and the AI because that’s it’s cool, right? I mean, and it really is. And, and we have data as marketers that we’ve never had before. But oftentimes I think folks need to go back to the basics. And that basic is their messaging, right? Their content, you know, what are they saying externally to the market and is it right? Are they being consistent, particularly when you look at all of these channels. Right. So I think sometimes, you know, we all need to take a deep breath and just go back and make sure we’re we’re saying what we want to say and then we tweak it, you know, based on all those channels to.

Lee Kantor: Now, can you share a story maybe that illustrates how you were able to work with a company? You don’t have to name the name, but maybe share the problem that they had when they came to you and how you were able to take them to a new level.

Anne Marsden: Absolutely. Um, for instance, without naming clients, um, a very large manufacturer, um, had a had a need because they hadn’t put a lot of focus on their digital channels. They had a website, but that was about it, and they hadn’t really invested in understanding how it was being used. So they asked us to help them form a go to market approach that was digital first, and they recognized that their buyers were retiring, they were aging out and new, and they were selling to engineers, and they had new engineers coming in, so they wanted to find out the best ways to reach them. We started doing the go to market planning and the research. And just to give anecdotally, one of the things we found out, which we didn’t expect, and you don’t sometimes you just don’t know until you do the research. The one of the most popular social media channels for these engineers was Instagram. Turns out that these guys like to take pictures and show what they’ve been working on. So. So that opened up some new ways to get in front of and communicate with them. I mean, but that was only one of many things you have to put an integrated set of programs together to reach those people and get them the content that they need. So who I can tell you, go ahead.

Lee Kantor: Sorry. No, go ahead.

Anne Marsden: To close the loop on that. I can tell you that at the end of the first year, the program was so successful, the board decided to roll it out to the rest of the divisions of the company. They also tinkered with the idea. Because of that, they should stop doing trade shows because why spend all that money to face to face if our digital is being so successful? And we said, don’t stop doing that. You still need face to face. You know, it’s just you need to balance it.

Lee Kantor: So what is the ideal, uh, traveling Keller, uh, client look like now?

Genna Keller: Yeah. Um, I think it is. It is a company that believes in integrated marketing. Um, and particularly understands how marketing can impact sales. Right. And when we say integrated, you know, we do think of folks that understand growth marketing or want to. Right. Um, but also value public relations, the PR side of the business. And that goes back to that content and the messaging. And then you throw in some creative services that could be, um, a website design, it could be a refresh for a trade show, you know, as Anne mentioned. But understanding how all of those disciplines work together and understanding how they can help each other, and it really makes for a a marketing program that is firing on all cylinders. But you also have flexibility, right? So again, there may make some senses where it is you lean more into the PR, then you dial that back and you lean more into growth. So those are the fun ones where we can, you know, really just help them across the spectrum.

Lee Kantor: So what’s the pain they’re having today where a call to Travaglino Keller would be the right move?

Genna Keller: Yeah, that’s a good question. Um, and I think it varies by call and inbound leads that we receive and the folks that we know, some of them, it’s resources, purely a resource. You know, they need help. And they may be, uh, a marketing team of 1 or 2. And, you know, they need help on strategy. They need help on execution. Um, some it may be there is a new product, a new service, a new brand, a new company to launch. And it is that complete go to market strategy, you know, how do we get out there? Some it may be, um, growth pains and they may need funding or they may need to get in front of some strategics from a partnership perspective.

Lee Kantor: And if somebody wants to learn more, have a more substantive conversation with you, either of you or somebody on the team. What is the website? What are the coordinates?

Genna Keller: Yeah. Well, you know, we practice what we preach. So we’ve got all of our social channels. But Trevino Keller comm.

Lee Kantor: And that’s t r e v e l I n o k e l l e r com.

Genna Keller: You got it.

Lee Kantor: Well, thank you both so much for sharing your story today. You’re doing important work and we appreciate you.

Genna Keller: Thank you, Lee, for having us. Thank you.

Lee Kantor: All right. This is Lee Kantor. We’ll see you all next time on Atlanta Business Radio.

Tagged With: Anne Marsden, Genna Keller, trevelino/keller

Ron and Sue Rescigno With Rescigno’s Fundraising Professionals

July 22, 2024 by Jacob Lapera

High Velocity Radio
High Velocity Radio
Ron and Sue Rescigno With Rescigno's Fundraising Professionals
Loading
00:00 /
RSS Feed
Share
Link
Embed

Download file

Ron and Sue Rescigno, VP of Rescigno’s Fundraising Professionals.

A colleague, after reading Ron’s blogs and newsletters, once said, ” He is a person I would like to have a glass of wine or beer with. His literary voice is approachable, friendly, and has a Chicago southside feel to it. His style of writing is both unique and inviting.” A great compliment when you consider that Ron doesn’t drink and isn’t originally from the south side of Chicago.

His new book, Fatal Fundraising Flaws,” has been written for fundraising professionals who know they’re leaving money on the table.
Ron has helped nonprofit organizations grow their base of support for over 33 years. It is Ron’s hope that his new book will help nonprofit organizations raise more money so they can do even more good in the world.

He is known as a thought leader for nonprofits who seek new and creative ways of appealing to their constituents. Ron holds a BA in English from Lewis University and an MA in Educational Administration from Governors State University.

Sue spent the early years of her professional career in development at prestigious educational institutions such as Illinois Institute of Technology and St. Xavier University. During her tenure at IIT, she won awards from Council for Support of Education (CASE) for Sustained Performance in the annual fund.

Her degree is in Mass Communications from St. Xavier University. In 1992 she started Rescigno’s in her garage because she saw a need for the services RMS offers. The business has continued to grow and has helped more than 700 nonprofits achieve their fundraising goals.

Follow Rescigno’s on LinkedIn.

What You’ll Learn In This Episode

  • Why some nonprofit’s fail
  • What role does communicating with donors play in getting donations from individuals
  • If an individual makes a gift of support to a charity organization what does he have the right to expect in return
  • Is it a good idea for nonprofit organizations to describe what they need from donors
  • Does direct mail still have a role to play in raising money

Transcript-iconThis transcript is machine transcribed by Sonix.

 

TRANSCRIPT

Intro: Broadcasting live from the Business RadioX studios in Atlanta, Georgia, it’s time for High Velocity Radio.

Lee Kantor: Lee Kantor here another episode of High Velocity Radio, and this is going to be a good one. Today on the show we have Sue and Ron Rescigno and they are with Rescigno’s Fundraising Professionals. Welcome.

Ron Rescigno: Thank you. We’re glad to be here.

Sue Rescigno: Hi, Lee.

Lee Kantor: Thank you. Well, I am so excited to learn what you’re up to. Tell us about your firm. How are you serving folks?

Sue Rescigno: Okay, sure. So Recinos has been in business for over 33 years. We started actually out of our garage and as a direct mail communications office for nonprofit organizations, and we have grown to be a full service consulting firm for nonprofits, helping them raise money to do great things in the world.

Lee Kantor: So was your backstory that both of you were involved in nonprofits.

Ron Rescigno: Actually? Um, yes. That is our backstory. I was involved in Catholic high school education for 23 years, first as a teacher and then as an administrator, and Sue has worked at um. Several nonprofit organizations write.

Sue Rescigno: In fundraising and development.

Lee Kantor: So you mentioned that you’ve been doing this for several decades now. How has kind of the landscape changed when it comes to fundraising for these nonprofits?

Sue Rescigno: Wow, it’s changed a lot. Well, what’s interesting that we’ve been since we’ve been in it so long, we’ve seen the different trends and and we’ve gone through the, you know, the recession. Um, where okay. So how did that how did the recession really change? Nonprofit fundraising. It changed it in terms of people were doing like they were sending out to the masses of people, so they were communicating with maybe 50,000 people, asking them to support their organization. And they were doing beautiful, like brochures and really flashy things when the recession hit. The donors said, please don’t spend so much money on that, so be smarter about it. So what we did at Recinos was we started targeting. So we do a lot more with data, like who are you communicating with and why? And so we research that before we ever send anything out. And then the pieces are simple. They are they are simple solicitations, um, like an eight and a half by 11 letter. I’m sure you get these. They’re appeals from your college or nonprofits that you are, um, connected with. And so like that change happened during the recession and then things started to come back. Um, and people started doing, uh, fancy brochures and things like that again. And then the pandemic hit and we went right back and something interesting that I just want to throw out here is that direct mail fundraising is still the number one source of finding new donors. Everybody thought email was going to change that and it never did. And that was proven during the, um, pandemic. So yeah, that’s just one interesting trend.

Ron Rescigno: And that’s what we have specialized in for these past 33 years that we’ve been in businesses, direct mail, fundraising. We’ve, um, begun a transition into helping organizations with capital campaigns now, major gifts and mentoring and coaching. But it’s it’s still that one on one piece that you get in the mail that gets the best response.

Lee Kantor: Now, I, um, in my business, I interview businesses and nonprofits and a variety of industries and sectors and the nonprofits I find they lean on, like galas as their big fundraising. What’s your take on that?

Ron Rescigno: So. So, uh, it’s it’s very interesting because, um, the galas are great things for a lot of organizations. They raise a lot of money. But when you when you kind of measure that against the time that it takes to put the time and the, uh, the physical time as well as the, the emotional time that it takes to put one of those events together. We often say, why not target one of your best donors or a couple of your best donors and ask them for a specific amount that you expect to to raise from from a gala and avoid all that. In my opinion, unnecessary work that you could be spending on creating more relationships with more donors.

Sue Rescigno: Yeah, if I could just add to that, I think that, um, it’s good for cultivation. It’s good to keep your donors connected to each other, bring everybody together. But I agree with Ron. The work that’s put involved in them, you’re much better sitting sitting down with a donor and ask them, asking them for $100,000 gift than trying to put all that work and staff into a gala.

Lee Kantor: That was my instinct as well. It seems like the galas are a lot of work, a lot of headache, but it just seems that that’s the go to move for so many of these folks is I got to put this thing and all of a sudden they’re become event planners, and then they got to go out and get silent auction things. And like, everybody is doing things that they’re not like, great at, and they’re begrudgingly doing it in the hopes that at the end of the day, when they look at the numbers, it’s like you said, couldn’t we have done something else that’s more efficient use of all of our times and talents?

Sue Rescigno: Right. And you’re.

Ron Rescigno: Exactly right.

Sue Rescigno: And that’s why we we work a lot with our clients data. So looking at the data and examining like, um, who you have in your database. So are they candidates for an annual fund gift? You know, maybe a gift of $5,000 or less, or are they candidates for a larger gift? And then you can develop major gift campaigns. And maybe you have are having small little events, maybe like where you have your major gift, people coming to have dinner with your president or dinner with your executive director or a breakfast or something like that. That type of event with major gift prospects is very important.

Ron Rescigno: The kind that’s much more focused.

Sue Rescigno: Exactly.

Lee Kantor: So part of the strategy in your model is obviously sending direct mail and direct communication with a select audience of your kind of superfans. How do you help your organizations build that list to begin with, to get people in that funnel so they can solicit them at some point?

Sue Rescigno: Right. So it all depends. So you always start with the list that they already have. So what we normally find is that a client will have a list of. It could be ten, 20, 25,000 or more um in their current database. But they only communicate with a certain number. Right. So our question is always like, well, who are those people on your list? So you would always start with the current list. Um, and then there are ways to add to your list by working with your board. Um, getting names to put on your list. Um, uh, doing kind of a friend raising thing. There are acquisition, you know, purchasing lists. You can buy lists that, um, you can acquire lists of, um, people that look like your current donors. So you do a profile of your current donor, and then you buy a list of people who look like that. So and you do that gradually, um, because that costs a lot. But normally, you know, people should be mailing to at least 5000, um, and then they want to add maybe 2500 per year. They, they add people, they take people off. But that’s how you maintain the list.

Lee Kantor: But how do you build the list from scratch? Like, say you’re a new or, uh, you know, an emerging nonprofit? How do you kind of get up to that 5000? Is it through kind of the initial board and you just kind of build it, you know, individual by individual?

Sue Rescigno: Yeah. Um, yes. And if you’re a brand new nonprofit, I would suggest purchasing a community list and people within your community. I always tell organizations that it’s it’s, um, people are happy that nonprofits exist in their area. Um, so and and but they need to be aware of what you’re doing. So in the beginning and getting that list, um, you’re, you would acquire a community list.

Lee Kantor: And then once you have that kind of at least a minimum number, you’re saying, I think I heard you say around 5000 is kind of the number you need in order to kind of start working that list to get the results you’re going to want.

Ron Rescigno: Exactly.

Lee Kantor: And then is that the ideal, um, client for you, somebody who has a list already of at least 5000?

Sue Rescigno: Well, yes, that would be ideal for us. Um. However, we also work with, um, clients that are much larger, um, that already have their list. And sometimes, um, many times, um, clients will come to us because their program is stagnant. Um, and we find that there are basic fundamentals that people need to be following. And like one of the things that is really important is that you’re not only asking and soliciting, um, gifts, but you’re also, um, uh, sharing information with them. And you want to talk about like, impact. And.

Ron Rescigno: Yeah. So, so one of the big things that we, we really focus on and try to impart to our clients is that when you send out a solicitation letter, it the letter should be what we call donor focused or donor centered. And by that I mean it should not. The letter should not be about how great your nonprofit is. And look at what we’ve done in the last six months or the last year. And and that’s why we’re worthy of a gift from you or an increased gift. Rather, it should be. Look at the opportunity you have as a donor to make an impact in the world. You have an opportunity to to really make a difference and tell stories that kind of reflect on that difference that a donor or a potential donor can make. And when donors see that there is a need to help someone rather than to help an organization. It’s to help someone who would benefit from what the organization does that gets them to open their pocketbook.

Lee Kantor: So they like to see kind of where their money’s going and what kind of impact it’s making, not just, hey, give to our cause because we’ve been around for 150 years.

Ron Rescigno: You hit it right on the head. That’s exactly what we we try to to talk with our clients about all the time And, you know, uh, there is, uh, the tendency is to want to talk about, look at what we’ve done. And this is why we deserve your support. And there is a place for that, for example, in a newsletter or um, um, a an impact report, but in a, in a letter where you’re asking for a gift of support, it should be about how the gift can make a difference in someone’s life. Who who the organization is, uh, says in their mission that they’re trying to help.

Lee Kantor: Now, you mentioned nonprofits, obviously, as kind of your sweet spot. Is there a niche within nonprofits? Is it medical? Is it, uh, business associations are there, you know, are they health related? Are they community related? Like what’s what’s a good nonprofit for you and what’s not?

Ron Rescigno: Well, probably one of our top, one of the top, um, niches is, uh, educational institutions. We work with, um, several community colleges across the country, a health care organizations. We work with hospitals, religious organizations, um arts and culture, um, animal welfare organizations to name. And museums which would fall under the arts and culture. Uh, just to name a few.

Lee Kantor: And then, uh, I mean, talking to you just for these few minutes, you can see there’s a wealth of knowledge, but you’ve kind of documented some of this knowledge in a new book, Fatal Fundraising Flaws.

Ron Rescigno: Yes. Thank you. I’ve, uh, I wrote the book and, uh, actually, it, uh, the launch of the book was about a month or so ago, and, uh, it’s available on Amazon. And what I do in the book is I talk about mistakes. Common mistakes, um, in many cases, simple mistakes that nonprofits make that cause them to not get funded, not have the revenue coming in that they they deserve to have, that they should have. And I offer solutions to, um, to to fix those mistakes. One of the most common mistakes is nonprofit organizations do not invest in their fundraising program. They don’t put enough money into the program in terms of resources, in terms of the technology that’s needed today to to really, um, do well and in terms of staffing their fundraising departments. Uh, the more you, you staff and the more technology you use to your advantage, the more, um, support you’re going to receive.

Lee Kantor: Now, is there a story you can share? Don’t name the name of the group, but maybe share the problem that they came to you with and how you were able to help them get to a new level.

Ron Rescigno: Um. Let me.

Sue Rescigno: Oh. Oh, sure. Yeah. That one. Okay, so, um, yes, I can share this. So, uh, we work with a very well known, um, national organization that, um, came to us. Um, they raise their religious organization and they raise a lot of money every year. And they were just stuck. It was just stagnant. And the thing is that they had been doing it the same way every year and never examining it. Okay. By that, I mean, um, they had a good program. Um, but they weren’t analyzing everything. So when we asked them about the analysis and how it compared to the previous years, um, we could see that, um, it was just stagnant. And so we asked them, um, they weren’t getting their acknowledgment letters out in an appropriate time. That’s a huge thing. So that there’s a cycle of you have to ask for a gift, whether it’s a large gift or it’s a it’s an annual fun gift. If it’s a major gift or an annual fund, you have to ask for the gift. You have to acknowledge the gift in a timely manner. You have to share the impact, and then you have to ask again. And so normally when clients come to us with a um, issue, it’s that they’re missing one of those steps. And a lot of times it’s the acknowledgment or sharing the impact. They’re good at asking, but they’re not sharing enough other information with the, um with the donors.

Ron Rescigno: Does that or or there are organizations that maybe aren’t so good at the asking part because they are reluctant to ask too often. And that’s a real myth when it comes to fundraising. Is that, um, all we we already asked that particular donor, uh, six months ago, and we received a gift from them. We don’t want to ask them again for another gift until a full cycle of a of a year has gone by. And what our research tells us time and time again is that if you have a compelling story, a compelling reason for the donor to give, ask again after you have told them about the impact their initial gift has made, because more often than you would believe, you’ll get a second gift from him, from them. And guess what happens then? You then can kind of begin to get the idea that, gee whiz, that individual may become someone who may become a loyal giver for a number of years and a major gift candidate, or a legacy gift candidate.

Sue Rescigno: Oh, and could I just say, I just want to add so that one organization that I was that I mentioned, um, what they worked with us when we started working with them by following a plan. They didn’t really have a plan. They just kept doing everything that they did the year before. They didn’t really have a plan. When we put together a plan that included these, uh, more of the about acknowledgments and sharing the impact and also analyzing what they were doing, they increased within two years. We increased it by 60%.

Lee Kantor: Yeah, it’s funny when you have the right strategy and you execute it, all of a sudden good things can happen. Instead of having no strategy and just hoping and then doing what you did, you know, last year and just thinking it’s going to work. It’s um, a lot of times you need those fresh eyes and people like you that have kind of the experience and, and have kind of the scar tissue of learning the hard way. What works, what doesn’t work, what’s optimal in being able to give best practices and all the groups that you’ve worked with? I mean, it seems kind of like a no brainer to at least have some conversation with you just to learn, you know, what’s what. What is the typical kind of first, um, project for you? Like, what do people have to bite off on a whole major campaign? Or how do people work with you?

Ron Rescigno: Um, many people, many organizations work with us, uh, on year long plans. And that is the ideal way to work with us, because, um, we can create a plan that builds a program from, uh, the ground up. There are individual cases of organizations that choose to work with us on what we call one off projects, and that’s fine. Um, we.

Sue Rescigno: That’s fine because once they work with us, they then want to sign on with a yearly contract.

Ron Rescigno: Well, that’s that’s that’s true. Right. And we we build a straight we can build a strategy with those organizations that that sign on to do yearly work. And what we have found is then they they stay with us for years afterwards. Right.

Lee Kantor: And then if people that don’t have the budget, they can get the book and at least begin.

Ron Rescigno: Well, that’s what we believe. Uh, and the book, as I said, is filled with these common mistakes that nonprofits make. For example, Sue was referencing the large organization that was just they were kind of stuck in a rut. They were satisfied with what they were doing, and but they weren’t motivated to do better. Complacency is a, a a big mistake because there’s so people want to support organizations that are doing good work in the world. But unless you’re you’re out there getting your not only your name out, but your story out, your mission and your vision out there. Um, people don’t don’t know that you need more money to do more good in the world.

Lee Kantor: So if somebody wants to learn more, what is the website? What is the best way to connect with you?

Ron Rescigno: Our website is dot recinos. That’s r e s as in Sam signals.com and it’s ron@recinos.com or sue@recinos.com.

Lee Kantor: And then you can learn more about the book there. And, or you can just go to Amazon and get the book there.

Ron Rescigno: Exactly. You can learn about it on the website or go to Amazon.com. The book is available there. Yes.

Lee Kantor: Well, uh, Ron and Sue, thank you so much for sharing your story today. You’re doing such important work, and we appreciate you.

Ron Rescigno: And we.

Ron Rescigno: Appreciate you.

Sue Rescigno: Yes we do. Thank you. Lee.

Lee Kantor: All right. This is Lee Kantor. We’ll see you all next time on High Velocity Radio.

Tagged With: Rescigno's Fundraising Professionals, Sue and Ron Rescigno

Andy Cagnetta With Transworld Business Advisors

July 22, 2024 by Jacob Lapera

South Florida Business Radio
South Florida Business Radio
Andy Cagnetta With Transworld Business Advisors
Loading
00:00 /
RSS Feed
Share
Link
Embed

Download file

DTLLogo-Blue-Bannerv2Andy Cagnetta came down to Florida in 1995. While looking to buy a business, he encountered a company named Transworld Business Brokers. He continued his search for a business but was offered a position at Transworld as an agent.

He joined the company and quickly became one of South Florida’s top performers. Now Transworld Business Advisors is the number one business brokerage and international franchisor through a partnership with United Franchise Group.

They have currently over 700 business brokers in the organization and have over 5,000 businesses for sale. They also have 200+ franchisees in the US and several internationally.

He is a recognized speaker and trainer in the subject of business sales, valuation, and negotiations. He has taught his self-authored negotiations class to associations, construction companies, media sales teams, government agencies, high school & university students.

His signature charity event “Andy’s Family Pasta Dinner” is in its 21st year and has raised over $2,500,000. He is father to two. Rachel, Lauren and his wife, Allison are Hollywood residents (Allison since 1970, Andy since 1994).

Connect with Andy on LinkedIn and follow him on Facebook and Twitter.

What You’ll Learn In This Episode

  • How is Transworld Business Advisors revolutionizing the business brokerage industry
  • How does Transworld Business Advisors engage with and give back to the community

Transcript-iconThis transcript is machine transcribed by Sonix.

 

TRANSCRIPT

Intro: Broadcasting live from the Business RadioX studios in South Florida. It’s time for South Florida Business Radio.

Now. Here’s your host.

Lee Kantor: Lee Kantor here, another episode of South Florida Business Radio, and this is going to be a good one. Today on the show, we have Andy Kenyatta who’s the CEO with Transworld Business Advisors. Welcome.

Andy Cagnetta: Thank you. Thank you Lee. Thanks for having.

Lee Kantor: Me. I am so excited to learn what you’re up to. Tell us about Transworld Business Advisors. How you serving folks?

Andy Cagnetta: We help people sell businesses. I think that’s the easiest way to describe it. We’re like a realtor. We go to businesses who are looking to sell. We package them up for sale. We do a worldwide search, and we bring them someone who is hopefully very qualified and wants to pay them a lot of money.

Lee Kantor: So what’s your background? How did you get into this line of work?

Andy Cagnetta: It’s funny, I bought and sold the business in the northeast. If you couldn’t hear it in my voice yet. And I, my wife grew up down here in Florida. And so 30 years ago, I, my wife and I decided to raise our family in South Florida. We moved here and I was looking to buy a business, and I went to a lot of business brokers. And in that process I ran into Trans World, and they invited me to join the team as a sales person, which I did, and I thought it was a good way to get to know Florida. I didn’t know anybody, so I was successful in selling in my first year, and I really loved the business. And two years into my salesmanship here at Transworld, uh, the owner decided to retire. And so I bought the company in 97, and I’ve been running it ever since.

Lee Kantor: Now, was it a franchise at that time?

Andy Cagnetta: No it wasn’t. We were one office in East Fort Lauderdale, and we were. We had about six people at the time, and we sell about 30, 40 businesses a year. And we grew from that point. We we, we we took on some capital along the way, and we grew to ten offices in Florida, which we still own and operate. And then in 2009, of course, the world was crumbling. Uh, everything was we were trying to figure out what to do next. And, you know, it took us 13 years to kind of grow to ten offices in Florida. And we realized that we really needed people on the ground, partners in other cities like Atlanta and Charlotte, and which we thought were our next stops. And we figured out that, you know, what’s a good partnership arrangement out there in the business world? That seems to work. And we said franchising. So when we looked into franchising, we realized that we didn’t know what we were doing. And we were introduced to United Franchise Group, which most famously owns Cinerama for over about 40 years now, and they own several other brands venture X and Great Greek and, uh, and several other things. So we partnered back in 2010, 14 years ago, and we’ve grown Transworld to over, you know, 250 offices and over a thousand associates around the world.

Lee Kantor: So when you decided to franchise, um, obviously a franchise is a business that folks are buying into because of their expertise and their, you know, industry knowledge. Did you have your business kind of, uh, formatted in the manner you needed to franchise, like, you know, the kind of the business in a box with the operations manuals and all the all the methodology that helps a person in a new market get up and running.

Andy Cagnetta: Yeah, I want to think we did. Uh, but, you know, certainly over the last 14 years, we’ve continued to improve our systems. We had a good system. I mean, we had ten offices in Florida. We were managing, managing them from afar. So we had pretty good systems and good training program, things like that. Uh, I have to say that getting a, you know, together with the United Franchise Group, uh, they taught us a lot about really putting your business, uh, you know, all the recipes, all the systems, all the, uh, you know, I always tell people my job is to provide tools for people to succeed, and that’s what we do, you know, as far as providing tools to our franchisees.

Lee Kantor: Yeah, I’ve had the, uh, I’ve been fortunate enough to, to run shows where I’ve interviewed. I had a franchise marketing show for many years, and I’ve interviewed a ton of franchisors and franchisees over the years. And, um, you decided to be a franchisor but still operate as a franchisee. Is that important to you in order to kind of really understand what your franchisees are going through? So, you know, you’re living it as well? Because a lot of times when people franchise, that’s a whole other business is being a franchisor that’s no longer the business of whatever your franchise was.

Andy Cagnetta: Yeah, it’s absolutely a different business. And you’re absolutely correct that what’s nice is when we come out with something new at Transworld or we change something in the system, they everybody in the system realizes that, you know, Andy’s and his Florida offices have to do the same thing. And so there’s, you know, you can’t they can’t really point to something and say, well, you just did that to save money or you’re doing that and it’s hurting us. It’s like, no, what we usually do is when we decide to roll out something new, we first test it, uh, here in Florida, I might even pay out of, you know, my Florida budgets to do something, and then we roll it out. I mean, things have changed over the last several years since we’ve gotten so big. We have several franchisees that are extremely successful across the United States. And we have a franchise advisory council, and we have an ad fund. And everybody kind of pitches in in testing different things. But you’re right, it does give us a unique perspective that we’re on the streets still every day. And I get to hear about what needs or what shortcomings certain things would have, or what’s changing on the street, like raising interest rates or things like that would immediately, you know, uh, be a headwind in selling businesses.

Lee Kantor: Now, when you decided to franchise, how did you kind of develop your avatar of who the ideal, um, franchisee would be? Were you just modeling it after? Who was managing your offices throughout Florida, or did you have to kind of do a different calculation on who that entrepreneurial person in a new market who maybe isn’t as familiar with Transworld would be?

Andy Cagnetta: You know, I really have tried to profile what the perfect franchisee is, and, uh, I, I still can’t predict who’s going to do really well in this business and who’s not. Um, but I think we’ve narrowed it down somewhat. Uh, you know, X entrepreneurs are very good. Uh, and certainly when you have a franchise system, you want people who are going to follow the system. So we have some ex-military people, people at, you know, that have been in corporate jobs that understand finances but can follow a system. Uh, so we do look for those kind of people, uh, to, you know, become franchisees. Uh, it is a different kind of game being in the business brokerage world. Uh, you do need some upfront capital to kind of fill the funnel, uh, and eventually get commissions. Uh, so, uh, it does take a unique person to get in this business.

Lee Kantor: Now let’s talk a little bit about kind of the nuts and bolts of Transworld Business Advisors in a given local market. Um, you mentioned you’re helping people sell their businesses. Um, are you handling both sides of the marketplace or are you helping them also buy businesses?

Andy Cagnetta: Yeah, the short answer is yes. We handle both sides of the transaction. Uh, and oftentimes we’re cooperating with other brokers out there in the world, much like realtors do. And we, um, so, yes, we we actually handle the whole transaction. We it’s kind of starts on the seller side because for the last 30 years, at a 28 of those 30 years, it’s really been a seller’s market where there is less inventory of businesses for sale and more inventory of buyers that are looking to buy. So. So for the most part, when we get a good business for sale, we’re we can probably find a good buyer for it if it’s priced correctly and it’ll sell. Uh, the hard part is, you know, that we have so many buyers sometimes, and and Florida is unique, uh, to and not unsimilar to other places. But Florida is unique in the fact that we have a thousand people a day moving to Florida. We have a lot of money moving into Florida over the last several years. So there’s a lot of kind of people chasing opportunities or looking for opportunities. And there’s a, you know, basically a a scarcity of opportunity.

Lee Kantor: So what is a day in the life look like for a franchisee in a market?

Andy Cagnetta: You know, a day in the life of franchisee in the market. You know, it begins with, uh, becoming a trusted advisor in your community. And we do a lot of things to go out there and get into the business world. We might join chambers, we might, uh, get into networking groups. So, you know, when when a day in the life, the first, the at first early morning light, you’re probably attending a BNI meeting. Uh, you’re getting together with other business people in the world because a lot of what we do, uh, just kind of comes up. We need to be there when they need us. And so getting together with accountants and attorneys and investment advisors and landlords when they’re dealing with the people that are in small business and they all of a sudden have to get out. And one of the the D’s happened to him. They have a divorce, they have a death, they have disability, they have, uh, disagreements. Uh, so we’re there when they decide, hey, it’s time to sell my business. So the really the day in the life of the franchisee is going out there into the world, uh, and finding businesses that want to sell. Once you have them, then you are also at the same time fielding inquiries, setting up zoom meetings and or in-person meetings to tour those businesses and then managing the the deal process, uh, which can be, you know, long and complicated.

Lee Kantor: Now, when people sell their business typically are is this something that you find? Most people are proactive and they go, okay, you know, I’m going to sell in five years. So maybe I got to start now, start doing some of this stuff to get ready for this sale. Or is it, like you mentioned, that something, um, changes like one of the DS, I guess sneaks up on you and all of a sudden now you have to sell, and now you got an emergency situation where you. In that case, you probably don’t get as much as you could have if you had planned for it.

Andy Cagnetta: Yes. To all the listeners out there in the world, if you would just get with us 2 to 3 years before you wanted to sell your business, and we could give you some practical advice to increase the value of your business, uh, that would be great. But realistically, that usually doesn’t happen. What usually happens is people come to us, like we said, after one of these life events, uh, and they come to us ready to sell now. And it really at the best, uh, it’s a on average nine month process to sell your business. So it could be maybe as short as 3 to 6 months. But really, as long as, you know, it could be over 12 to 18 months to find a buyer and get a deal done, uh, to sell your business. So it would be great if people came to us.

Lee Kantor: So coming to you, does that require, um, okay, I’m, I come to you, I meet you at the BNI. Now, do I have to cut a check to Transworld today, knowing that in three years I’m going to sell my business? Or is this something that we get to know each other? You do some general things, and then you know when it’s time for the transaction, you get paid like a real estate agent.

Andy Cagnetta: Yeah, we get paid a success fee for the most part. Uh, unless there’s maybe other things like valuations that need to get done or something like that. But for the most part, 90% of the time we’re getting a success fee. Uh, when you come to us and you say, hey, I want to sell in two years, it’s usually just a general conversation. We’ll get together. We’ll look at your books and records, and we could at that time either do a just kind of back of the envelope kind of valuation on your business, and I’ll give you an idea of what we think the business would sell for in the marketplace now, and maybe some things you could do to increase that value over the next 2 or 3 years and start doing some of those things are is making it more appealing for a bank financing, increasing the revenues and earnings over the next five years, maybe having better books and records, uh, maybe having more, uh, uh, customer um, not having a customer concentration issue, having more diversity in your customer base, uh, getting the right employees in place, though, all those things can increase your value over the next couple of years. Uh, to get you the best price.

Lee Kantor: And then is the typical transaction to a stranger, or do you help if the, you know, maybe the managers of the organization want to buy the thing or the, you know, the employees, like, do you help in those kind of manner in that manner, or is it typically somebody else is looking for a hardware store so you sell it to some stranger.

Andy Cagnetta: Yeah. So the interesting thing is, yes, we do that. And in fact, we just closed the deal yesterday and I forget what kind of business it was, but where the employees bought the business. Uh, that doesn’t happen often. Uh, sometimes they think that’s going to happen. I just recently have a friend of mine who wants to sell their business to their employee. And really, when push came to shove and they realized they had to sign a, uh, go out and get a loan and sign a, you know, maybe pledge their house. Uh, if you’re going to get an SBA loan, you have to, you know, sign personally, uh, a lot of people don’t want to do those kind of things. Uh, they’re not built to be an entrepreneur. So a lot of times we are selling to a stranger and most often, which is unusual. A lot of people don’t. Wouldn’t think this we’re selling to a first time buyer, a buyer who or the first time is buying a business.

Lee Kantor: And are the businesses that you’re selling? Are they other franchises or are they independent businesses?

Andy Cagnetta: Yeah, 90% of the time it is an independent business. Um, certainly franchising is incredibly hot and we sell a lot of franchises, you know? Um, mostly what Transworld does is sell, uh, resale franchises where someone, someone has already owned the franchise. They’ve ran it for several years, and we’re going to resell it to somebody else. Uh, you know, the the big brands out there in the world, the McDonald’s, the the Dunkin Donuts, the chick fil A’s, they’re selling their franchises directly and in and a lot of those cases, very popular franchises. It’s very difficult to get into that system. Uh, but if you find an up and coming franchise, sometimes we, we handle those things as well.

Lee Kantor: So can you share you don’t name the brand or the company, but your biggest success story in terms of you help somebody get maybe more than they even imagined?

Andy Cagnetta: Yeah. It’s funny, we just had a business where the person was going to close the business. Uh, they felt like there was time to retire. They didn’t even think about selling. Uh, they were going to walk away from the business. Now, they had, uh, about $300,000 in, uh, in, in inventory. So they would have walked with maybe $300,000. Uh, once they sold off that inventory. Uh, but we wound up getting them almost a million and a half dollars for their business. Uh, and, you know, they were very happy. Uh, and and we there’s lots of stories like that. Uh, we just sold a roofing company, uh, for about $26 million. Now, those are very large transactions. We sell, uh, small mom and pop business businesses as well. I actually sold my own father in law’s, uh, medical practice for under $100,000. And, um, you know, he was just wanted a given opportunity to a young doctor to come in to South Florida and get a good, uh, medical practice.

Lee Kantor: And do the. Do the companies you sell typically have real estate or they have things that can be collateral collateralized like that? Or can they be service industry like an advertising agency or something like that?

Andy Cagnetta: You know, you got to think of the cross section of here of South Florida and South Florida is is unique in the fact, I think, as opposed to the northeast, where businesses have been around for hundreds of years. You know, Florida for the most part grew in the 1960s and 70s and and so a lot of the real estate down here is not owned by businesses. So about nine, you know, very few times about 90% of the time, uh, the business is just renting. Um, and listen, owning the real estate, there are a lot of businesses that own the real estate. We actually were helped to make, buy, sell. And that was a real estate transaction where the real estate was there. And that was a big asset in that, in that transaction. And uh, so, uh, but as the prices of real estate go up down here in Florida, sometimes it’s actually making it difficult for those small businesses to remain, uh, in that place. Um, signature Grand, perhaps an example of a business where the real estate is so was so valuable that it was hard to sell it. The catering company to somebody else. Um, and it was more valuable as just a piece of real estate.

Lee Kantor: So what, um, what are you seeing as kind of the trends in this space? Is this a good time to be a business broker?

Andy Cagnetta: Yeah, it’s a great time to be a business broker. Uh, we were having record years over the last several years, uh, that baby boomers need to retire. Uh, there are 12,000 baby boomers turning 65 every single day. Uh, this year, um, there are there’s a $12 trillion of private equity that needs to pass along to the next generation. And what we see out there in the world is the next generation doesn’t necessarily want their parents or their grandparents businesses, uh, they’ve grown up, they’ve done other things. Uh, they’ve gone to college and they don’t want the full service. They don’t want the, uh, convenience stores. They don’t want the restaurant. They don’t want the, uh, cleaning franchise. Uh, you know, there’s all kinds of businesses out there we sell, and, uh, you know, again, there’s people immigrating to Florida from all over the world that want those types of opportunities. And and so it’s been a good it’s been a good run over the last several years, uh, even during Covid.

Lee Kantor: So before we wrap, any advice for the person that, um, you know, it would be great if they sold their. Maybe they are not ready to pull the trigger yet, but what steps would you take today? If you know, at some point you’re going to sell your business? Is there any low hanging fruit they could be doing now to make them get the best price?

Andy Cagnetta: Yes. Keep good books and records, please everybody. Number one, have a great CPA. There’s plenty of good CPAs out there. Have a good one. Number two, make sure your books and records are in order, and somehow you’ve put them in some sort of computerized system, whether you have a POS system, uh, purchase of sales system at a retail store, or have some sort of, uh, system inventory system inside of a distribution company, or whether you have some sort of work in progress, uh, system, uh, inside of a construction company, whatever it is, uh, get everything so you have up to date minutes of KPIs, uh, keep, you know, performance indexes that you can eventually show a buyer and say, this is exactly what you’re getting, and then, uh, don’t wind things down. Uh, you know, the banks, uh, the buyers all want to see businesses that are in a growth mode that, you know, over time. And here in Florida, again, thousand people a day moving here, if you’re doing the right thing out there, you can’t help but grow. And so as the business grows, you’ll be able to sell the business.

Lee Kantor: And then what about in terms of keeping having a good manual or, uh, standard operating procedure.

Andy Cagnetta: You know, anything you can do to, uh, number one, read the E-myth by Michael Gerber. Right. So, uh, and systematize your business, and you don’t want to be the chief cook and bottle washer. You do not want to be working 60 hours a week. You want this business to be easily transferable. So that means that you have employee manuals in the place. That means that those people are doing jobs that can be replaced. You don’t have, you know, business business, uh, employees that are so specialized that they no one else can do that work or no one has that knowledge. Yeah, that’s really important as well.

Lee Kantor: So what do you need more of? How can we help you?

Andy Cagnetta: We need more people who want to sell their business. Uh, you know, and we’re always looking for people who want to work at Transworld, too. We could always use more people. If you have your real estate license out there and you did, you know you don’t want to sell homes anymore. And you’re thinking, hey, maybe I could sell businesses. Uh, we’re always looking to hire people around the country, literally around the world, uh, who want to get into the game of buying and selling businesses. And of course, uh, you know, if you want to buy a Transworld office somewhere, uh, out there in the world, we could talk to you about that as well.

Lee Kantor: So if somebody wants to learn more, where should they go?

Andy Cagnetta: Go to T Worldcom. That’s the easiest thing. T Worldcom. And you could go to LinkedIn, look at my profile and hit me up there or, you know, shoot me an email at AC at world, and, uh, I’ll be happy to talk to anybody.

Lee Kantor: All right. Well, Andy, thank you so much for sharing your story today. You’re doing important work, and we appreciate you.

Andy Cagnetta: Thank you. Lee. All right.

Lee Kantor: This all right, this Lee Kantor. We’ll see you all next time on South Florida Business Radio.

Tagged With: Andy Cagnetta, Transworld Business Advisors

Serial Entrepreneur Betsy Pepine

July 18, 2024 by Jacob Lapera

High Velocity Radio
High Velocity Radio
Serial Entrepreneur Betsy Pepine
Loading
00:00 /
RSS Feed
Share
Link
Embed

Download file

Betsy Pepine is a serial entrepreneur in real estate. Her brokerage, Pepine Realty, has been named as an Inc. 5000 Fasting Growing Private Company in the USA multiple times and has earned spots on the Top 50 Florida Companies to Watch and Florida Trend Best Companies to Work For lists.

Additionally, the Wall Street Journal has consistently recognized Betsy’s real estate team as one of the top-producing real estate companies in the United States. Betsy also owns a title company, real estate school and property management brokerage.

She is endorsed by her mentor, real estate mogul, and Shark Tank shark Barbara Corcoran, as well as leading media personalities Dave Ramsey and Glenn Beck. Passionate about helping at-risk families with children, she founded Pepine Gives, a 501(c)3 non-profit foundation that helps families facing housing insecurity.

She earned an economics degree from Duke University and an MBA from The Wharton School of Business at the University of Pennsylvania. Born in Philadelphia, Betsy now resides in Florida with her family.

Connect with Betsy on Linkedin and follow her on Facebook.

What You’ll Learn In This Episode

  • Her entrepreneurial journey
  • Her upcoming book release – Breaking Boxes: Dismantling the Metaphorical Boxes that Bind Us
  • Her non-profit – Pepine Gives

Transcript-iconThis transcript is machine transcribed by Sonix.

 

TRANSCRIPT

Intro: Broadcasting live from the Business RadioX studios in Atlanta, Georgia, it’s time for High Velocity Radio.

Lee Kantor: Lee Kantor here. Another episode of High Velocity Radio, and this is going to be a good one. Today on the show we have Betsy Pepine, and she is the author of a new book called Breaking Boxes Dismantling the Metaphorical Boxes that Bind us. Welcome.

Betsy Pepine: Oh, thank you, Lee. So happy to be here.

Lee Kantor: I am so excited to learn about this book. But before we get into it, can you share a little bit about your backstory?

Betsy Pepine: Yes, sure. So I graduated college and went into a career in, well, graduated college, and I got an MBA and went into a career in pharmaceutical marketing. Had a lot of pressure or family pressure to go into the medical field. Everyone in my family is a physician and really did not want to go that route, and so I thought pharmaceutical marketing would be a would appease them and wouldn’t just drain me, but really wasn’t passionate about the work. And after doing that for a decade and going through a divorce, it really I just felt like it was a time where I could reinvent myself. And so decided to venture into the real estate space. I became interested in real estate when I was at my graduate program getting an MBA. One of the classes was to go in. I went to school in Philadelphia and I could go into row homes. We gutted row homes and rebuilt them and then interviewed families at risk and sold those homes to those families at, I mean, almost nothing because everything was donated, labor and supplies were donated. And so it really opened my eyes to what housing could do to the trajectory of a family. And I thought if I could be a part of that every day, how exciting my life would be. And so that was about 18, 19 years ago. I got my real estate license and haven’t looked back since. I’m a serial entrepreneur in all things real estate. I’ve got the brokerage and then has spun off several other companies from the brokerage. When I recognized that those customers are buyers and sellers and our agents needed support. So whether it was through lending, whether it was through tidal, I opened up a title company getting agents licensed. So I opened up a real estate school, just trying to to be one stop shopping for everybody. So we have property management. Now we have Airbnb. I run a short term Airbnb business. So really trying to cover all the bases for our clients.

Lee Kantor: Now, what attracted you about real estate as kind of a place where it seems like you’re putting a lot of your chips into the real estate bucket? What what do you like about real estate as opposed to other, you know, kind of other investment vehicles and other ways to build wealth?

Betsy Pepine: Well, I don’t put all my money there, but I do put a significant chunk of it there, because that is what I know, and that is what feels safe and comfortable for me. I, you know, I’ve lost a lot of money in the stock market and I still have some money in the stock market, but because I feel because I’m in real estate every day, I just feel like it’s I’m I’m risk averse in general. And so I just feel like it’s less risk adverse. I mean, it’s it’s it’s less risky for me. I also love and I really espouse this for my agents and for our customers. I always my my parents instilled this in my sisters and I has had multiple streams of income. And so even when I wasn’t in real estate, I had real estate as a investment, property as a source of income, and then just started building upon that. Um, I love that in now that I have my my day job is in real estate, I have that as my a source of income. I’ve been my investment property is a source of income. I’d like to get into development as another source. So even within real estate you can have multiple streams of income.

Betsy Pepine: Um, and so that that appeals to me. Real estate’s always had a very strong and over the long term predictable growth. Um, so I, I like all facets of that. And I also like that, um, somebody once asked me, you know, why do I do this versus, like, sticking in the stock market? And for me, I want to have fun, uh, with my money and for, for me, real estate is fun. Watching my portfolio grow in a in the stock market is just not very fun for me. But being involved in getting to know people and I get to know the people that are in my rentals, whether they’re commercial rentals or residential rentals. I get to know their businesses. I get to know, you know, their life situation. Um, I like being on the hunt for good deals, flipping things. Um, Airbnb being like, there’s so much diversity in it. So for me, being hands on in my investments is is fun for me. Um, versus some other investment vehicles to me seem like they might be attractive from a growth perspective, but just not very fun for me personally.

Lee Kantor: Now, um, a lot of your work is also around helping other people. Um, and giving back and teaching other people about the real estate. How how did that come about? And and why is that an important component of your overall portfolio?

Betsy Pepine: Um, you know, my, my, my mission in life and my mission in my businesses is to improve and empower the lives of others, whether it’s through real estate or helping those who are less fortunate than me. Um, I was brought up to to believe that while we have mentors that are always a couple of steps ahead of us, that we look to and want to emulate certain practices to become better. We also have an obligation to look back and pull up those people that are a couple of steps behind us in the in the wheel of life, and so I’ve always had that as a passion of mine. I find it so rewarding, um, to help people who who maybe didn’t, who weren’t born into the situation that I was born into. I was very blessed and just, I don’t know, I’ve always felt a need that an obligation really to want to give back. We’re here for such a short period of time. And, um, somebody asked me the other day, what’s your greatest accomplishment? And it’s when I see that I have had an impact on someone’s life. I’ve. I’ve had agents go out on their own and start their own brokerages competing directly with me. But that’s that to me, is a sign of success. I, I, I feel like I’ve helped them launch, um, and what greater gift could we, could we have, uh, here, um, than to do that for somebody else?

Lee Kantor: And then, uh, where did the book come into play?

Betsy Pepine: The book was a result of about 6 or 7 years ago. I was feeling unsettled. I, I felt like on paper my life looked great and it looked like what I thought it should look like should be in quotes. Um, I had I had great businesses, I had great family, I had great rescue pups, I travel, I just, you know, I live debt free and it’s like, what more could you ask for? But I was not happy and I was struggling with why was I not happy. And through a lot of self-reflection, journaling, meditation, yoga therapy, I realized that I had lost my way from when I was a little girl and I had this joy about me and fun and, um, lived differently. You know, I, um, I have a friend who wakes up every day, and her first thought is, how am I going to have fun today? And that wasn’t in my life. You know, joy wasn’t a value that I had a lot of great values in my family growing up that were annihilated for me. But having fun and joy was not one of them, and I really wanted to be able to bring that to my life. And so when I started this journey and looking at the thread of what was inhibiting that from my life, it was, um, a sequence of events and it’s still today.

Betsy Pepine: It’s a journey where I found myself confined by what I call boxes. Boxes that maybe our family of origin put us in. Maybe our industry puts us in. Maybe our gender puts us in these boxes, maybe society, maybe we ourselves put ourselves in these boxes that we’re not. Sometimes we’re aware of them, sometimes we’re not, and sometimes we’re aware of them. But we don’t realize that they might not be helpful for us anymore. Maybe they were good at one point in our lives, but they no longer serve us. And how do we negotiate that and get out of them gracefully? So it’s really a book of stories about when I found myself in a box, and sometimes I was ignorant of that, and sometimes I was in and what I did to get out of it. So and I wrote the book again, because my mission is to improve and empower the lives of others. My hope was that somebody reading the book would identify with one of those stories and and make a change based on what they’ve read.

Lee Kantor: Now, what are some of the clues that maybe you’re in a box?

Betsy Pepine: Oh, goodness. Um, for me, it’s a it’s a feeling. And that that took a long time to recognize because I, um, I wasn’t used to being identified with feelings and how your body feels, um, versus what I think, you know, growing up, it was always, what do you think, Betsy? What are the what do the facts tell you? What does the research tell you? But we were never asked in, in our home. How how do you feel? What is this? How what is your body telling you? What direction do you want to go? And so for me, it’s taking making sure if I’m feeling uncomfortable in any way. And for a while there, it took me a long time just to even recognize feelings. And that’s been a whole process for me. But recognizing and checking in with myself, what is what is my body telling me? How am I feeling? And if I’m feeling uncomfortable, if I’m feeling negative, being able to name that feeling and then moving towards that. It’s so simple. Move towards that which feels good. If this decision yes or no is it? Does it make me feel lighter? Does it make me feel happier, more joyful? Or does it make me feel heavier inside? Dark? Um. Not exciting. So move towards that which makes us feel good. Very simple. Very, very simple and basic, but not something that, um, I had ever done as an adult until my late 40s.

Lee Kantor: Now, do you find that a lot of people. I don’t want to say they’re on autopilot, but maybe they have patterns that, um, they just kind of get into a groove and they just kind of repeat the same behavior in the certain stimulus causes a certain response. And it’s just kind of creates this pattern that just seems like almost inevitable. And it’s hard to, first of all, have the self-awareness that, hey, maybe I this is happening. And number two, what do I do about this when it happens? How can I nip this in the bud before I just do that same stimulus response dance that I’ve done, you know, for the last 50 years? Mhm.

Betsy Pepine: I know, I mean, I, I write in my book about myself feeling like one. I was Bill Murray in Groundhog Day, repeating the same day over and over and over again and not really thinking and questioning what I was doing and going with what society tells you you want. Um, and then the other, the other character I felt very attuned to was Jim Carrey and The Truman Show, living this life, oblivious to the fact that it’s on a set orchestrated by others and that I didn’t choose the set. Um, and taking a step back and really evaluating, do I want this? I was living in a almost a 5000 square foot house. I was so unhappy in that house. But I thought, I’m in real estate. That’s what everybody aspires to, a big house. And the minute I moved in, it didn’t feel like home. Now I live in a 1600 square foot house and and in fact, the week we moved in, my daughters who are now emptying. I’m an empty nester now. But when my daughters came, they said, mom, this feels like home. And it did. You don’t have to text each other to determine if you’re in the house or not, and I, I didn’t get my steps in just doing the laundry, you know, but having the closeness, having eight foot ceilings instead of soaring 20 foot ceilings brings a coziness to my home that the other house that I had lacked. But I but I assumed that’s what I wanted because that’s what I saw and I never questioned. Was that right for me? You know, I remember once where I was, um, I was with a partner who, who who thought I deserved a Rolex.

Betsy Pepine: And so I bought myself a Rolex. I hated that Rolex. I would hide it, I would wear it, and I would push my sleeves down because it was so not me. I was embarrassed by it, but I thought, well, when he was telling me like, well, okay, yeah, everyone aspires for that. Well, no, that wasn’t for me. And I got rid of it. I put that Rolex on Facebook Marketplace and I love getting rid of it. I felt so free. So it’s just being mindful of just even the little things that don’t seem to have maybe, maybe not have as much meaning, but they really do. And just being so much more intentional about what we do. What what input are we putting into our minds through, whether it’s through reading, hearing, listening, um, and making sure that it’s all intentional. And that’s how you really want to be spending your most valuable asset. Your time is is this how you want to be spending it? And is this in the environment in which you want to be spending it in? Um, and then your life becomes a lot more freer. People always ask, well, how do you do so much? You’ve got so much going on? Honestly, I’ve never had more free time in my life because I’m so intentional about how I spend every minute, because I’m so aware of what I’m giving up for that minute. You know, we don’t know how long we’re going to be here. And so if I’m going to give something my time, that’s worth more than anything, it’s gotta I have to consciously say, this is this is worth the exchange that I’m willing to give it, give this up for.

Lee Kantor: Um, can you give some advice for somebody who might be struggling in the same area? Like, it sounds to me what you’ve done is you’ve kind of reprioritized like, for some people, having a Rolex is a priority. That shows that I’ve made it. I’m successful. You can trust me. There’s there’s a Rolex isn’t just a watch. It’s a symbol of of things in some people’s eyes. Um, but you chose to say, you know what? I’m going to be me, and I’m going to just allow my personality and my, you know, my inner ness to shine through. And I don’t need kind of the trappings of some of these things that I thought at one time was symbolic of my success and how smart and and talented I am. A lot of people, I think, lean on that, and because of that, there’s people who aren’t smart and who aren’t successful. That might look the part if you just, you know, drove by them. But in reality, if you had a conversation with them, you’d realize pretty quickly that, you know, those may not be, um, really symbolic of their true talents. They are just things they bought. So you don’t look that closely. Um, can you going through that transition, though, of having that stuff to lean on and then not having it, it requires to me a a belief in yourself and that you you have to have the self-worth in order to pull that off. Because if you don’t, you’re you’re going to feel like an imposter.

Betsy Pepine: Mhm. Mhm. And I it’s funny that you say that because I felt like an imposter wearing the Rolex. It just it didn’t fit me at all. And I’m not saying a Rolex is bad and not everyone that wears a Rolex is wearing it for the right reasons. But for me it just didn’t work for what I was looking for. Um, I think a great exercise that I did, and I tell my agents, this is you never have to ask somebody what their values are. Look at their calendar and look at their checkbook or Venmo nowadays. Look at how they how they spend their time and how they spend their money. And those are their values. And so for somebody who’s interested in perhaps exploring if their values align with the life that they want, do that. First. Do an audit of your calendar. How much time are you spending doing X, Y, and Z? You know, so many people nowadays sadly spend time scrolling on their phones. Is that consistent with the life that they want? If it’s not, let’s make a change. If you look at where you’re spending your money, is that consistent with the values you’d like to have? And figure out what your values are. I mean, we have we spend so much time with companies and entrepreneurs, spend so much time on what their company’s values are, but then they go home and they don’t, you know, what are their family’s values? What are their values as an individual? I think most people don’t spend nearly as much time on that, if at all. It doesn’t does even dawn on them that they should have their own personal set of values. So think about what your values are, what your values want to be, and move towards that.

Betsy Pepine: I think doing that audit is really helpful. And then for me, what was really helpful was asking myself with every decision that I’m making, whether it’s be small or large, and I’m making this decision out of fear or if I’m making this decision out of love? And what I found when I was really honest with myself, most of the decisions I was making was out of fear. Out of fear of loss. Loss of maybe reputation. Loss of credibility. Fear of loss of friendship. Fear of loss of love of a relationship. I wasn’t making decisions based on love, which is what I love of of self, of others, of of life, of this earth. But that’s what I wanted. But I’m making all my decisions based on fear. So there was a there was a conflict there and I had to really shift. And I’m not. This is a journey for me to I’m still on it, but at least now I’m aware and conscious if I’m going to make a decision based on fear, is that really what I want to do? And, um, be okay with that, which I’m not. You know, I’m still working on that, but I don’t like making decisions based on fear. Um, and trying to move towards making more and more decisions. Um, on love. And it’s something that I track. I have a daily tracker and of habits that I want to incorporate into my life. And every month I revisit the habits I’m I’m working on until they’re ingrained in my life. And that’s still on my tracker. Is am I? Am I making decisions, more decisions based out of love than out of fear?

Lee Kantor: Do you mind sharing what that tracker is? I’m sure a lot of the listeners would be interested in a tool that could help them do what you just described.

Betsy Pepine: Very simple. I mean, I print it off. Um, I just googled, um, daily tracker and it’s a, it’s almost it’s like a grid. And on the left are all the daily habits that I want to work on that month. And across the columns are, um, days, every day of the month. So 1 to 30 or 1 to 31. And then I literally put a dot. So it’s you know, I have so I’m about 10 or 15 habits that I work on every month. And so for that one it just says love slash fear. And then I literally just put a dot in. If I felt like during that day, I made more decisions out of love than out of fear. And I get a dot, um, if I’m working on. So something else that I’m working on is I don’t it doesn’t come naturally for me. Um, and I alluded to this earlier, having joy intentionally planning joy in my life every day. That’s not something that I do at all if I’m not intentional about it. And so that’s one of the habits that are on there right now is just the word joy. And then at the end of the day, did I intentionally have something that I plan that was just joy, fun and joy in my life? Something big, something small. And and I love it because it really keeps into focus, the things that I want to work on. And then what you’ll find is that month after month, some some months, you’ll see you’ve kind of nailed it. You’ve gotten that. That habit is now ingrained. And I know they say a habit takes 21 days to incorporate. For me, that’s not true. Some habits for me take a lot longer. Some I I get such an immediate impact. It I get they get ingrained very quickly. But the habit stays on my habit tracker month after month until I really feel like it is now a part of my life and I it’s on. It’s automatically ingrained in me. I don’t have to consciously think about it every day.

Lee Kantor: What was the last thing that brought you joy?

Betsy Pepine: Oh, wow. That’s a great that’s a great question. Um, so I would say, like, I’m thinking about yesterday and I live in Florida and it’s it’s hot in Florida, but I love to be outside. And so yesterday and I in the summer, I just don’t eat outside in the summer. So yesterday I have a beautiful backyard picnic table, a sun umbrella, and I ate dinner outside in my backyard watching. I have a whole bunch of cardinals and a bird feeder and watch them. And it was hot. But just being outside in nature when I’m usually inside an air conditioning brought me joy. And I’ll tell you if I. If I didn’t have that habit tracker, I would have eaten it inside. And so that brought me joy yesterday. And like I said, it could be little things, but it could also be big things. So in two days I’m going with a bunch of girlfriends to Greece to on doing a Greek Isle tour that we started planning six months ago. Um, again, because I wanted more joy in my life so it could be something really small, like dinner outside on my patio. Or it could be something larger, like a vacation.

Lee Kantor: That’s a great lesson for everybody to take the time, not only to build habits that are going to get you in the direction you want to go, but to celebrate those smaller, large moments, because they’re they’re all around us. It’s just do you choose to notice them? A lot of times, yeah. So if somebody wants to get a hold of the book, um, where can they go? Is there a website to connect with you and maybe learn about your, uh, real estate empire?

Betsy Pepine: Sure. Yes. So, um, the book is only available right now for pre-sale on audible, but it will be available September 23rd in soft and hardback and, um, Kindle as well. If you go to my name, Betsy. Com there’s links to my newsletter as well as the link to the Amazon presale. Um, and then ah, I’m also on social media. Betsy Pepin I’m on Facebook, Twitter and oh, excuse me, Facebook, Instagram, TikTok and LinkedIn.

Lee Kantor: And that’s Betsy pepin.com.

Betsy Pepine: Right. And the book is breaking boxes, dismantling the metaphorical boxes that bind us.

Lee Kantor: Well, congratulations on all the success. And it sounds like you’re you’re moving towards happiness. And that’s always a good thing to hear for people that it’s not anything to sneeze at, because a lot of people just kind of sleepwalk through their life and they miss out on a lot of important things that are there if they choose to see them.

Betsy Pepine: Yes, absolutely. Well, thank you so much.

Lee Kantor: Well, thank you for sharing your story today. You’re doing such important work and we appreciate you.

Betsy Pepine: Oh. Thank you.

Lee Kantor: All right. This is Lee Kantor. We’ll see you all next time on High Velocity Radio.

Tagged With: Betsy Pepine, serial entrepreneur

  • « Previous Page
  • 1
  • …
  • 22
  • 23
  • 24
  • 25
  • 26
  • …
  • 117
  • Next Page »

Business RadioX ® Network


 

Our Most Recent Episode

CONNECT WITH US

  • Email
  • Facebook
  • LinkedIn
  • Twitter
  • YouTube

Our Mission

We help local business leaders get the word out about the important work they’re doing to serve their market, their community, and their profession.

We support and celebrate business by sharing positive business stories that traditional media ignores. Some media leans left. Some media leans right. We lean business.

Sponsor a Show

Build Relationships and Grow Your Business. Click here for more details.

Partner With Us

Discover More Here

Terms and Conditions
Privacy Policy

Connect with us

Want to keep up with the latest in pro-business news across the network? Follow us on social media for the latest stories!
  • Email
  • Facebook
  • Google+
  • LinkedIn
  • Twitter
  • YouTube

Business RadioX® Headquarters
1000 Abernathy Rd. NE
Building 400, Suite L-10
Sandy Springs, GA 30328

© 2025 Business RadioX ® · Rainmaker Platform

BRXStudioCoversLA

Wait! Don’t Miss an Episode of LA Business Radio

BRXStudioCoversDENVER

Wait! Don’t Miss an Episode of Denver Business Radio

BRXStudioCoversPENSACOLA

Wait! Don’t Miss an Episode of Pensacola Business Radio

BRXStudioCoversBIRMINGHAM

Wait! Don’t Miss an Episode of Birmingham Business Radio

BRXStudioCoversTALLAHASSEE

Wait! Don’t Miss an Episode of Tallahassee Business Radio

BRXStudioCoversRALEIGH

Wait! Don’t Miss an Episode of Raleigh Business Radio

BRXStudioCoversRICHMONDNoWhite

Wait! Don’t Miss an Episode of Richmond Business Radio

BRXStudioCoversNASHVILLENoWhite

Wait! Don’t Miss an Episode of Nashville Business Radio

BRXStudioCoversDETROIT

Wait! Don’t Miss an Episode of Detroit Business Radio

BRXStudioCoversSTLOUIS

Wait! Don’t Miss an Episode of St. Louis Business Radio

BRXStudioCoversCOLUMBUS-small

Wait! Don’t Miss an Episode of Columbus Business Radio

Coachthecoach-08-08

Wait! Don’t Miss an Episode of Coach the Coach

BRXStudioCoversBAYAREA

Wait! Don’t Miss an Episode of Bay Area Business Radio

BRXStudioCoversCHICAGO

Wait! Don’t Miss an Episode of Chicago Business Radio

Wait! Don’t Miss an Episode of Atlanta Business Radio