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Clara Lucia Jaramillo-Carrier With Breaking Through Consulting & Coaching

June 14, 2024 by Jacob Lapera

Chicago Business Radio
Chicago Business Radio
Clara Lucia Jaramillo-Carrier With Breaking Through Consulting & Coaching
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Firmspace-sponsor-bannerFor Clara Lucia Jaramillo-Carrier, life is more about the journey than the destination. Her journey began in Colombia, where she fought for life after being born prematurely.

In 1999, she immigrated to the U.S., proudly representing her Colombian heritage and establishing Breaking Through Consulting & Coaching and, later, Let’s Awaken Purpose. She has faced and conquered numerous personal and professional challenges, striving to find her place in the market and corporate world and battling the need for perfection to feel worthy of love.

Motivated by a desire to contribute and inspired by her name’s meaning, “clear light,” Clara Lucia achieved an M.A. in Transformational leadership and Coaching, obtained certification from the International Coaching Federation (ICF) as a Professional Certified Coach (PCC), received recognition from the Graduate School Alliance for Education in Coaching, and secured various certificates in emotional intelligence, human empowerment technologies, and transformational coaching.

She celebrated her tenth anniversary as an entrepreneur in 2024 and has developed an international client base. In 2023, she published her book, Purpose. Clara Lucia is devoted to awakening humanity in the marketplace by helping individuals and organizations ignite purpose, instill hope, and foster growth so that they can become better human beings and true agents for positive change.

Connect with Clara on LinkedIn and follow Breaking Through Consulting & Coaching on Facebook.

What You’ll Learn In This Episode

  • What is a business and professional coach
  • How is this different from say, a counselor or a psychologist
  • What is concerning people about this generation and what can a personal coach do to help them get on the right path

Transcript-iconThis transcript is machine transcribed by Sonix.

 

TRANSCRIPT

Intro: Broadcasting live from the Business RadioX studio in Chicago, Illinois, it’s time for Chicago Business Radio, brought to you by Ferm Space, your private sanctuary for productivity and growth. To learn more, go to Ferm, Space.com. Now, here’s your host.

Max Kantor: Hey, everybody, and welcome back to another episode of Chicago Business Radio. I’m your host, Max Cantor. And as always, today’s show is sponsored by Ferm Space. Thanks to Ferm Space, because without them, we couldn’t be sharing these important stories. And we got a good one for you today. On today’s episode of Chicago Business Radio, we have an entrepreneur, communicator, coach, speaker, and author with her organization Breaking Through Consulting and Coaching. Please welcome to the show, Clara Lucia. Welcome to the show, Clara.

Clara Lucia Jaramillo-Carrier: Well, hello, Max. It’s an honor to be here with you today. Thank you.

Max Kantor: Excited to talk to you about everything that you’re doing. So let’s jump right in. Tell me a little bit about how you are helping people in the community.

Clara Lucia Jaramillo-Carrier: Yeah, absolutely. So, Max, I have a passion for three things. I have a passion for supporting and helping people understand the importance of self love, purpose and a positive mindset. And in my experience as a coach and as a consultant, the combination of those three are like the perfect ingredients for a wonderful and yummy cake. And at the end of the day, those three things are actually helping me fulfill my purpose, which is to awake humanity in the marketplace. I think as human beings, there’s a lot of things that we have forgotten to go back. It’s almost like going back to the basics, and that is to remind ourselves constantly that we are human beings, that we work with human beings, and that we are in community with other human beings. So through those three things self love, purpose and positive mindset, I am helping people live better lives and have more successful careers because they are going back to the basics of what it is to be a human being.

Max Kantor: Totally. And let’s talk about what your role means. So you’re a business and professional coach. How what is this? What does that mean? And how is it different from like a counselor or a therapist or psychologist?

Clara Lucia Jaramillo-Carrier: Great question. So I have a couple of hats that I wear on a daily basis. I started my consulting ten years ago, and I started it more as a consultant doing brand strategies, communications and marketing focus on the power of purpose. And then as of six years ago, I started my own developmental work through a master’s degree in Transformational Leadership and coaching. Out of a deeper desire, Max, of being able to support my clients even deeper and deeper. And through that experience, I’m actually on these ongoing journey of learning how to become more human, learning what self-love means to me and going through that I’m able and more equipped with certain tools and, you know, knowledge that I have to actually support. My clients do the same. So this is a both way, both way situation while I support and I, you know, pour out all of that that I have to my clients, I am also learning from them. So there’s a mutuality in the process, um, which is a little bit different than what a consultant does or a psychologist does or a therapist. Uh, those are different skill sets I don’t treat.

Clara Lucia Jaramillo-Carrier: For example, I don’t treat symptoms. I don’t do prescriptions. I’m not equipped to do that. What I am equipped to is to actually offer my presence and creating a space where the person, the client, either individually or as a group, where they feel secure enough, safely enough that they can start opening up and sharing and even asking questions about who they are now and who they want to become next. So there’s a lot of, um, collaboration. There’s a lot of questionings back and forward. There’s a lot of what I call reflective listening, because when you are with someone else that it’s non-judgmental, that does not have a specific expectation of you, that is able to see you as the beautiful and imperfect human being as you are. There’s a willingness and a sense of openness that happens automatically when that person is able to start digging a little deeper inward, to connect and to find those things that are important and as a value to them, and then be able to start creating a life where they are becoming their own designers, they’re choosing ways of being.

Max Kantor: So what kinds of clients are you seeing and what are they looking for when they come to you?

Clara Lucia Jaramillo-Carrier: Um, it’s a good question. And I, I, I would hope that I had like, uh, like a yes and no answer to you, but it’s a combination of, um, clients. I have the individual person who has kind of been in the marketplace for years and years, um, maybe a director or a senior director. And there’s kind of like that aha moment where they stop and they start thinking about, is this really it? Is this what career looks like? Is this where I’m supposed to be? So there’s some kind of like, existential questions that are starting to bubble up, and those individuals are ready to dive deeper into what is next, not necessarily to get a hold of what’s coming to them, but actually start choosing what is it that in indeed at the end of the day, is fulfilling to them? So that’s a group of, um, kind of individuals. There’s also group settings where, um, you know, a group of staff members, you know, are kind of like stuck or are finding difficult working with each other or aligning towards a common or a unifying objective. I come in and I do an assessment as to where they are now, and I help them, you know, develop a vision of where they’re wanting to head towards. And I identify dynamics that may not be helping them as a group to move forward. So it’s very hands on. It’s very interactive, and it’s really an experience where they kind of pause for a moment and they allow themselves to be without any specific expectations of productivity or any anything like that. And, and they just reflect on who they are as individuals, as a group of individuals working together. And they finally start kind of aligning towards that vision of becoming and identifying some of the barriers that are on the way to that.

Max Kantor: And I hear that this is your 10th anniversary. So what kinds of trends have you seen since you began?

Clara Lucia Jaramillo-Carrier: Yeah. It’s a it’s a great question. Well, I think, um, you know, one of the big ones is, you know, the word coaching is now so popularized and it’s a buzzword. And, you know, sadly, anybody claims to be a coach. Um, which actually, I’m infuriated when I see that kind of advertising out there because, you know, coaching, to be a coach, you’re required to invest not only time in educating yourself and ensuring that you have the tools and the education and the background and the experience, because it’s a big responsibility. Um, you you have the ability and the power to really become a very powerful, positive influence on people, especially those that are hunger to find out what’s next and find more meaning and purpose. Um, so it requires a lot of education and a lot of hours studying. I had a master’s degree. I did, um, like almost 350 papers about myself, but also other people. Um, and it takes an investment of continuous, um, uh, work in studying and also getting the support that you need as a coach, because we’re human beings as well. So I got supervision classes I am still in school for, um, you know, getting better at the tools that I already have. I have communities of other coaches where we gather together and we go through things and support each other. So it’s it’s a practice and it’s an ongoing profession of love and dedication, but also a big responsibility.

Max Kantor: Totally. And I think it shows your dedication not only to working on yourself, but also working with your clients in in the level of work that you’re putting into this. I’m sure it reflects on your clients and your relationships with your clients.

Clara Lucia Jaramillo-Carrier: Yes, that beautifully say, Max, I think there’s a reason why my clients continue to come to me after, you know, I’ve been coaching for for six years now, and I have clients that are still with me because coaching is also there’s there’s there’s seasons of coaching, right? There’s a season of coaching where I can meet with my clients every other week, um, to gain that momentum and to see kind of like things progressing and those kind of like barriers or behaviors that are limiting people, they start to kind of break through those. So it could be a client, you know, that meets with me every other week. Um, then there’s other things that do kind of like a monthly check in with me and a monthly session with me, and there’s some other clients that come to me whenever they are preparing towards someone specific, and they want to noodle through what it is and navigate through that specific circumstance. But coaching, it’s like, um, it’s almost like, you know, running a marathon. Um, you have different coaches for different things, and each coach has a very specific angle and, um, you know, specific purpose to help you overcome that. But an athlete, you know, either someone that runs a marathon or someone that has a different, you know, sport, an athlete never stops having coaches because it’s the same thing with us individuals. I mean, having someone outside of our own brains that can help us process things, it’s it’s a it’s the greatest gift. Um, we’re not meant to do things alone. We’re not meant to be in isolation. And it is in community and with the support of another human being and in my case, someone that has gone through some of those things that I support my clients, it’s a beautiful blessing.

Max Kantor: Now to take off what you just said, talking about like, you know, you shouldn’t have to struggle by yourself. You can reach out to others. I think it’s a perfect segue to talk about mental health. Um, so what can a personal coach do to help people with their mental health and kind of help them get on the right path?

Clara Lucia Jaramillo-Carrier: Yeah. Great. Great question. Max. Uh. Good connection. Um, so one of the things that and again, I want to be very clear, because I’m not a psychologist and I’m not a counselor either. But what I am in terms of, um, the support that I provide in terms of mental health is having a safe space to talk about things. Is, you know, I’m struggling with my boss at work. Um, you know, he or she comes to me and is demanding, and I get freeze, and I don’t know how to go about it, and I’m paralyzed by fear. So that in itself, that circumstance, which is very real, you know, some leaders notice that some other leaders don’t. Right. We all have an effect on other people. So what I do with my clients is I provide that space where we can talk about it and name some of those dynamics and then go deeper into like, what may be the case for you to be paralyzed, what you know, who is this person reminding you of? Maybe there’s something about your past that you’re not even aware nowadays that we can go through and explore. So to name those dynamics, to name those feelings that are coming up instead of like shutting them down deep inside you, is a way for you to start actually acknowledging them. And also, um, bring a little bit of that space where you can be with someone else to help you process. It’s almost like that space where you can raise your hand and you can say, hey, I need help. At least I need someone that I can talk to without feeling judged or without feeling like, you know, condemned to be labeled into one category.

Max Kantor: Totally. You’re creating, like you said, that safe space for them to just talk and be open and honest.

Clara Lucia Jaramillo-Carrier: Yep, yep. And obviously, you know, if there’s things that are above and beyond my capacity and my responsibility, I will make referrals for that person to get other supports. But in the initial in the initial stage is almost like knocking the door, opening the door, and letting a little bit of light come in so that you don’t feel so alone, so that you don’t feel that you’re just an exception to, and that you feel that you have someone, that one is empathetic towards you and is offering perhaps a different view of things, or is asking questions that will then help the person start gaining some inner insights that are very revealing, and that could bring some sort of hope at the end of the call or at the end of the session.

Max Kantor: Now since Covid started, it seems that people have different attitudes about working. So can you talk about when it comes to Covid, specifically what you’re seeing as a coach?

Clara Lucia Jaramillo-Carrier: Yeah. So there’s, there’s, there’s a lot of positives and there’s a lot of, you know, obstacles that Covid brought to our lives. Um, covet was a forced shut down. It literally was something that happened that was so big, bigger than our own capacity to handle at one given point. And it forced us to stay in and to go inward. And when you stay in physically in, you know, four walls, uh, you have nowhere else to go but inward. So a lot of what covet did was actually starting those questions about, what am I really up for this life? What does you know, what does living a purposeful life mean is my job. What I’m here to do is is my job what defines me as an individual. So all of those kind of like existential questions are a beautiful way for us to actually stop and think about the kind of life that we have. You know, Max, we only have this chance of life once, at least that we know it. And I think when those type of forced circumstances appear like, you know, covet dead, it’s actually an invitation to rethink what’s possible, to rethink what about my life now? Do I even want to see differently? And what are some of the choices that I have moving forward? So I think covet, in a way, was a blessing because a lot of people took that time to really stop and rethink their lives and their careers and who they were as individuals.

Clara Lucia Jaramillo-Carrier: And many of them began making steps towards, you know, those possibilities. And obviously there’s there’s things that are still, uh, people and me included, we’re still trying to noodling through, which is that ability to embrace our humanity and, and remember that, you know, there’s power in, in the power of touch, the power of being with another person in proximity, the power of our physical presence with someone else. I mean, that’s irreplaceable. Technology is a beautiful thing. We’re having an incredible conversation right now thanks to technology. Um, in Colombia, back at home, because I’m tending to my dad, who is battling cancer now, and you’re in Chicago and here we are together. So all of those things, I think, are opportunities for us to look at what is the good in this? What can I choose to actually what’s my approach to embracing the positive? Although it’s hard and although it’s difficult, what is the positive about these and how can I become a better person because of it?

Max Kantor: So, Clara, the the last question that I like to ask every person who comes on Chicago Business Radio and you’ve kind of touched on this in your last answer, but for you, in all that you’re doing as a as a coach, what is the most rewarding part of the job for you?

Clara Lucia Jaramillo-Carrier: I did. So as you asked me that question, I had, I had goosebumps. Um, Max, I think I think the most rewarding experience that I have about my job is to see the person’s eyes lighting up for the first time in a long time is that moment of realization when the person is aware of something so powerful that can change the trajectory of that person’s life, is that aha moment where they realize they make a connection, um, of, you know, that happened then, but now it’s a different circumstance, and now I can take control over and I can choose how to react to things. It’s that blends of hope and possibility, uh, that I see in, in a person’s expression. It’s how they, you know, come a little closer to the camera and they kind of like, stay in awe and admiration of something that they just unpack, that it’s so powerful that has the power to change their lives. It’s it’s hard to explain in words because it’s something that is very experiential. It’s, you know, the person coming afterwards and saying, you know what? I got through that difficult conversation and it went wonderful. And I feel a little bit more confidence, you know, talking to my boss, or is that person that says, you know what? After, you know, going through this process, I realized that I’m ready for a career change and I’m good to go. Now, is that person that is able to go back to the boss and, you know, ask for a raise after being kind of like paralyzed by fear? Um, to ask what that person needed at that point. And, you know, it’s even now with my dad coming alongside and being with him and, and supporting him enough that he feels a little bit more hope to wake up and get a couple of steps to the door so that he feels a little bit better, um, emotionally and physically. So, I mean, it’s a long answer, Max. I don’t know if that captures a little bit about what it means, uh, to me to support people.

Max Kantor: No, it totally does. And just hearing the way that you talk, it comes across that you just want to see people achieve everything that they possibly can. And and you’re there to help them do that.

Clara Lucia Jaramillo-Carrier: Yeah, I mean, it it’s like I said before, we get these chance at life one and we we were created in as beautiful and perfect human beings. And we have what it takes and we we, you know, we’re so we’re marvelous creation. And there’s so much potential and there’s so much possibilities. Um, and it takes to know yourself. It takes it it takes to go inward to do the work. Right. This doesn’t happen instantaneous. It’s not like taking a pill and then boom, there you are. It takes work. But in the work, there’s the adventure. In the work, there’s the learning. There’s, you know, the possibilities that pop here and there. And it’s just a beautiful process. It is. It’s a great journey.

Max Kantor: So, Clara, if people want to learn more about breaking through consulting and coaching or if they want to reach out to you, what’s the best way to get in touch?

Clara Lucia Jaramillo-Carrier: Yes, the best way is to go straight to my website at start breaking through.com start breaking through the com. There’s a contact page and they can send me an email directly. Uh, goes to me and I’ll be more than happy to, um, facilitate some connection and some conversation. Um, as needed. I would love to do that. It would be my honor.

Max Kantor: Well, Clara, thank you again so much for being on Chicago Business Radio today. It was great talking with you, and you’re really doing great work, and we appreciate all you’re doing for the community.

Clara Lucia Jaramillo-Carrier: Thank you for the opportunity, Max, and for shining the light a little bit to the small business owners like me that are trying to fulfill a purpose and make a difference. So thank you.

Max Kantor: It is not a problem. It is our pleasure. And thank you for listening to another episode of Chicago Business Radio. I’m your host, Max Cantor, and we’ll see you next time.

Inro: This episode of Chicago Business Radio has been brought to you by Ferm Space, your private sanctuary for productivity and growth. To learn more, go to Ferm. Space.com.

Tagged With: Breaking Through Consulting & Coaching, Clara Lucia Jaramillo-Carrier

Myrna Clayton With SHOWAbility

June 5, 2024 by Jacob Lapera

Atlanta Business Radio
Atlanta Business Radio
Myrna Clayton With SHOWAbility
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A cultural ambassador for the U.S. State Department singing at U.S. embassies around the world, also known as America’s Songbird, Myrna Clayton is an international jazz singer who has been performing for over 14 years. She has performed throughout Russia, Belarus, Germany, Nigeria, Great Britain, Ghana, The Baltics, France, and across the United States.

When she’s not performing, she is a dedicated community servant focused on executing her vision and mission of the organization she founded SHOWAbility, a 501c3 nonprofit representing performing arts excellence, equity, inclusion, accessibility and opportunity for performing artists with visible and invisible disabilities.

Prior to establishing her career as a performer, she was a successful MBA corporate executive and adjunct professor.

Connect with Myrna on LinkedIn and follow SHOWAbility on Facebook and Twitter.

What You’ll Learn In This Episode

  • Why Myrna created SHOWAbility
  • The need for inclusivity/accessibility in performing arts, TV and film
  • The need to identify performing artists with disabilities in entertainment industry

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. Today on the show we have Myrna Clayton with SHOWAbility. Welcome.

Myrna Clayton: Thank you. I appreciate it. Lee.

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

Myrna Clayton: You know it. SHOWAbility empowers talented performing artists across the disability spectrum, whether that’s born or acquired, a parent or not, a parent. And we’re excited about supporting artists that are that are musicians. Singers as well as actors were frequently contacted by casting agents looking for actors with disabilities.

Lee Kantor: So what is the genesis of the idea? How did this come about?

Myrna Clayton: You know, I’m a professional singer. That’s what I do. And I happen to see a young boy about 11 years old a while ago. But I say a while ago, like over ten years ago, struggle to get up three steps into a church pulpit in order to sing, but leave. When he started singing, he was phenomenal. And I didn’t have the presence of mine at the time to ask his name or anything. But he crossed my mind about five years later and I began asking musicians, corporate band, you know, choir directors, school school band directors, and, you know, and chorus directors. If they knew any singers with disabilities. And Lee, no one knew any singers with disabilities. And that just didn’t make sense to me. And and so at that point, I began just kind of asking around more and more. And I started the organization because I was like, there’s an opportunity and there’s a need. And so it went from there.

Lee Kantor: So what did you see as the opportunity?

Myrna Clayton: Well, first of all, as a singer, we understand that everybody has a talent. And I knew at that time I did not know the statistics. Now I know the statistics. The disability community is the largest minority population in the country. 26% of the US population have a disability. That’s 1 in 4 that have a disability. I didn’t know that statistic then, but I knew that. That if no one knew anybody, then there was a, there was there was something there just to let you know. Also, I have an MBA and I worked in corporate and I worked in new product and new business development. And so I operated conceptually looking at research to find needs. And the other piece of that, if you just add one family member to the disability community, that 26%, that’s 52%. That means that over half of the US population is connected to this population. And that means, from a business standpoint, that there’s huge opportunity subsequent to that, the discretionary spending power is larger than the the Black and Latino population combined. The spending power is $21 billion that the disability community has. We in the general population I say we I give us an out. I don’t have a disability and I give us an out because from childhood we’re taught not to point and not to stare. And so pretty much we have blinders up and so they don’t even come to our minds. But when you look at the opportunity and you see no one’s fitting that need, no one’s meeting that need.

Myrna Clayton: And often times as well, when we think about the disability community, we think about the special ed class. We don’t think about those persons like a Stevie Wonder, or we don’t think about persons that have that are wheelchair users. We don’t think about that again, that doesn’t come to mind. And then along with that, because, um, we’ve been we we, we get nervous when we get around. So we’re not comfortable. We never learned how to engage. And so what we do is we look the other way, we turn we we don’t even, um, oftentimes speak, you know, because we don’t know what to do. We’re uncomfortable and we don’t like being uncomfortable. We don’t like looking quote unquote, ignorant to the situation. And so because of that, um, we we don’t know. And we’re missing out on the opportunity, the business opportunity within this population. And again, what along with the person with disability, there’s a whole family that comes along with them and there are certain needs that they have. And, um, and so our thing was about, um, artists meeting employment and enjoyment people want to have everybody wants to have a good time. This this disability does not mean not able doesn’t want. They’re human beings just like everybody else. That’s a human being. They’re not robots. We’ve got enough bots around here going around now. Um, these are human beings that have the same desires and needs and wants that everybody else. And so everything that you need, Lee, they need.

Lee Kantor: Now, once you had kind of this, uh, aha moment of, hey, there should be a place for people with disabilities or they should be more visible. At what? How were you playing in this ecosystem? Because I would imagine once that light bulb went off, now all of a sudden a lot of things become visible. Like you were like, okay, there needs to be communication with casting directors. There needs to be communication with creative people to include, uh, people with disability in the performing arts. Like what part does show ability, you know, play in?

Myrna Clayton: We actually, um, first of all, when we started casting and all of that was not we started in actually 2011 and casting and all of that wasn’t even on the page. Our biggest thing, again, we’re working with performing artists. And so our biggest thing was getting on stage. And most stages are not accessible. Um, we can’t get on stage though. There is an Ada that’s there. And so the biggest thing for us is finding the talent and identifying the talent so that when the opportunity presents itself, we can be we can we can present them and have them, um, ready when I’m saying them. Talented persons, talented artists, just like any other presenter of talent, um, you’re making sure that they are ready for the opportunities. Now we have shows, we have concerts. Um, we actually also have, um, right now we have an inclusive chorus that’s made up of talented singers with and without disabilities. And what we’re doing is actually singing the national anthem at major sports events. Um, and so that’s something that we’re reaching out to do. We’re also bringing attention to the Americans with Disabilities Act and the fact that the general population needs to know. And so we’re having, um, an event July 26th coming up. Um, that is, um, collaborating with major organizations like, um, Bobby Dodd Institute, like, um, the states Ada coordinator, like Southeast Ada, like Disability Link and a number of disability organizations, um, to let the population know there are 61 million people in the US that have a disability.

Myrna Clayton: We don’t realize how huge this is. And so, um, and so we’re trying again, our thing is to reach our target audience is the disability community, not the general population. Because again, we’ve got that. This is not a niche, 26% is not a niche. And so we’re looking to to create the awareness and for opportunities again for employment and enjoyment. Um, and so we’ve when we began, when we started, we started realizing that so many people were not aware. And so it’s a lot of consulting that I do. Um, and um, it’s preparing the artist as well. And the performers to. Engage with others and meeting inform others on how to respond to them. Accessibility and accommodations are very important for this population. And so we’re looking and wanting to in. Um, uh, engage that in terms of the casting agents. They find us because they have the need we, you know, there when, when a, when, um, when a movie is looking has, has a has a position for a role, then they’re sending out for, for actors and so they contact us. Acting was not on our radar in the very beginning. But three things happened in 2019 that were significant within the disability community and the entertainment industry.

Myrna Clayton: Number one, and you may or may not know about these, these folks, but number one, Cody Lee, young man who was blind and on the autism spectrum, won America’s Got Talent number one artist grand prize. That happened. Number two, Ali Stroker, who is an actress on Broadway, won best actor Tony award for best actor. Um, for her the production of Oklahoma! Now, of course, Oklahoma is not written for wheelchair users, but she’s a wheelchair user. And guess what? Every show, not every night, every show, whether that’s matinee, midday or evening, she had to be lifted on to stage on her in her wheelchair in order to perform. Can you imagine? Yeah. And but she won Best Actor. And then third thing that happened in 2019 was there’s a documentary that was released on Netflix called, um, Crip Camp. That’s that introduced, um, the plight that led ultimately, ultimately to the 504 and eventually to the Ada. Those three things were significant and really brought to the forefront the the disability community. And after that, right, was the was the pandemic. And in the midst of the pandemic, we had persons from, um, casting agents contacting us saying, hey, because they’re not that many, um, organizations that boast about having access to talented artists with disabilities.

Lee Kantor: Now when you’re defining disabilities, is it everything from, like you mentioned, people in wheelchair, you mentioned people you know with vision or hearing challenges, but also autistic. Does that fit in there as well?

Myrna Clayton: We say the across the disability spectrum. And so that is someone who’s born with a disability, whether that’s cerebral palsy, that’s blind, um, that’s deaf. Um, and and then as well as, um, someone who’s acquired and that’s what the Shepherd center refers to it. They’ve acquired a disability, meaning they had a car accident or something happened. And so that’s a wheelchair user or someone who has an invisible disability, you know, that, you know, brain trauma, things like that. Our thing is the talent has no bounds. There’s no limit to the talent. It’s about the performance and the ability to perform. Um, and so for us and yes, included in that is Down’s syndrome, autism, those with intellectual disabilities and developmental disabilities. It just depends on the talent and and and um, a person’s ability. I tell people quick, this is not a kumbaya thing. Nobody wants to be patronized. We are, uh, very much so for folks who are talented, um, we say that we want to be for the arts and entertainment industry what the Paralympics and the Special Olympics are, and the sports industry, and that is showcasing talent and excellence. And it puts it in perspective because we’ve got it. We’re not, you know, there there are businesses that are out there that are doing it. It just so happens that for most of us, we’re not aware of it because again, we we don’t we never learned how to engage. And so for us, for the most part, they’re hidden in plain view.

Lee Kantor: Now is this is the scope of your work. Stop at training aspiring performers.

Myrna Clayton: Um, that’s a great question. And no, um, we do artist development and then we then present opportunities when when job opportunities come, you know, they reach out to us, we then facilitate them going for that opportunity. Um, we also have shows and events, um, and present them, you know, for things like that. As, as I mentioned, the inclusive course we’ve performed at the Atlanta Gladiators, we’re going to be performing at Georgia State’s, uh, opening game. Um, we’re looking at performing at the Falcons and Atlanta United. Um, and our goal for that is really creating awareness of the talents within the disability community. Um, we also have, um, some of our outcomes. Are we actually present artists, like there’s a young man that’s um, that’s, um, on the autism spectrum, and he, he well, he’s now 20, but when we met him, he was 16, and he sounded like a 35 year old Elvis Presley. And he and he was phenomenal. And, um, he had all the mannerisms, all the dancing moves and everything. And his. And his name is, his stage name is Elvis. Um, and so we present opportunities and showcase talent like that as well. Um, and so there’s so much talent our, the what differentiates us is it’s performing arts, um, artists that have visual arts or sculpting. That’s not what we do. We do anybody that would want to be on stage or in front of a camera, um, or work on a crew, then that’s what that that’s our space. Um, and presenting talent.

Lee Kantor: Now, do you ever go into, um, maybe the production company or a writers room to explain, um, kind of the benefit and the value to them to be to maybe expand their, you know, maybe unconscious bias to include people with disabilities in their creative work.

Myrna Clayton: Um. The honest answer is no. Um, if they’re interested, then we will do it. But, um, it’s a huge, uh, it’s a huge ask, um, to, to introduce, um, the possibility and change someone’s perspective. They’re already nervous and uncomfortable. Um, where again, my our target audience are those people who are connected to the disability community. Again, it’s 52% of the US population. So that 48% they can they’re going to eventually come around. But I’m not wanting to convince someone of the opportunity here. Um, there are there are people with that that are connected, that are family members, you know, that, see it and get it. Um, and because it’s, it’s it’s such a hard it’s a, it’s a hard pull, um, in order to convince someone of the opportunity. Um, and I’d much rather go where we’re appreciated and not tolerate it.

Lee Kantor: Well, I just didn’t know if there’s any kind of educational or evangelistic element to this where it’s not that people aren’t including them as part of their scripts or their writing or their video game or their, um, music video, that they just it isn’t occurring to them, you know, because maybe it isn’t as present as it would be if somebody had a cousin or a brother or somebody with a disability. That would be of course I would include that or yeah, that would be great. Let’s let’s have one of the characters be somebody in a wheelchair.

Myrna Clayton: And, um, that is happening. Um, and believe it or not, it’s happening a lot in terms of people are becoming more and more aware. One of the things that when we when the mere fact that we show up, we’re informing and educating, uh, for example, when we go to theaters and the stages aren’t accessible, I’m educating as we go. We can’t get on stage. And so there’s an opportunity for education in that respect. Um, if and when we’re doing casting calls, a lot of times the folks that are below the line, if you know about film, they’re not knowledgeable at all about the disability community. They’ve been they’ve been hired, uh, to accommodate a person, but they’re not aware. And so something that we’re looking to do coming up this October is have an event, an expo where we’re looking to educate, um, those that are below the line, um, in the film industry, um, about opportunity, about just kind of how to accommodate persons, uh, that have a disability because, um, again, they don’t know what to do. They don’t know how to engage. And so it’s it’s very much an informative space. And we’re looking to have that expo coming up in October. October is National Disability Employment Awareness Month. And so that’s why we chose October. And it’s going to be, um, the end of October, Cadillac around the 26th or the 20th. We’re we’re in the final stages of preparing and planning that we’ve we’re we’re in the preliminary stages of, of fine tuning and, and probably, um, the month of July, which is the Ada month.

Myrna Clayton: Um, um, is really going after more aggressively on our, um, our sponsors for, for that particular expo, but we’re anticipating, um, a good 2 to 300 people to come to that expo as a starting place. Um, but yes, um, we are, like I said, every time we show up, we’re, we’re informing people. And, um, as they’re informed, then they’re able to become the evangelist for us. You know, um, one of the things that we’re sad about is, and I’m so grateful for you is, um, media does not cover this topic that much and, um, hardly ever. Um, and I think, again, because people are uncomfortable about the topic and, um, and so therefore we much prefer to go where we’re, again, appreciated and not tolerated, because again, that’s 52% of the US population who understands. And so we’re not talking about, you know, 10% or 2%, you know, that’s niche. Um, but 26% of the US population, um, there, there’s, there’s a, there’s a need there and there’s an opportunity there. Um, and um, and so having conversations with you and people like you, um, um, platforms like you is a part of that informing and that evangelizing. Um, because I obviously I don’t shy away from telling the story, but in terms of our business strategy is our target audience is the disability community and those who love them. That’s our target audience.

Lee Kantor: Now, is the target, um, Atlanta centric right now because you’re here in Atlanta, but this is a big film and entertainment town. So that gives you access to people that are from all over. Or is this is it are you looking to go nationwide or international? What’s kind of the the dream here?

Myrna Clayton: Um, actually the we’re actually metro Atlanta and not just Atlanta city. And we expand out, um, into, uh, into Georgia and very much so the plan is, is sort of a tiered into, you know, the southeast. And I’m, um, commissioned by the US State Department to represent American music abroad at US embassies around the world. And so as a singer, um, I’m global, and I, um, my cause is the disability community. And so it’s very much a global situation because disability is not unique to America. And so I’m doing my consulting, I’m doing my, um, evangelizing, I guess, if you will, whenever I am performing abroad, because I’m asking, hey, I want to have persons with disabilities invited no matter if they don’t want to come. That’s a whole different thing. But invited to come to the shows and it highlights, you know, the the inaccessibility of some theaters and the accessibility of others. And again, it brings to their awareness, because I’m making the request as the artist that’s coming to perform, um, of the of the opportunity of I don’t want to say, you know, the missed the or the lack thereof. Uh, but it also informs me that America is not ahead of the game as it relates to disability.

Myrna Clayton: There are so many countries that are much further ahead than America. Um, as it relates to the disability community. Um, and so, um, so it is a global situation because the disability community is global. This is, again, not unique to America. Um, but in terms of show ability, we are taking our steps, um, because we definitely see the need in Georgia. Um, and um, and then going from further in America. So yes, National, we’d like to do things like have a, um, either a franchise. Eyes or a or a or chapter or something in other, in other cities. Um, um, but for right now it’s hey. Yes. Again, film is is hot here, here in Atlanta and in Georgia. Uh, but we were here before that. Um, and we’re happy to ride that momentum rather than, you know, just kind of try to, um, do anything other than ride the momentum. Because, again, the need is there. They reached out to us because, again, there’s not another organization like show ability in the country that focuses on talented performing artists across the disability spectrum. And so, um, we very much so want to expand.

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

Myrna Clayton: Thank you. Um, we’d love to, um, have sponsors. We’d love to have, um, receive grants for nonprofit 500 1C3 nonprofit. And so, um, that we’d love to have volunteers because we always are in need of volunteers. Um, and not just volunteers that kind of show up for the event, but volunteers who are skilled volunteers like we right now, um, need marketing, um, support, uh, for that. And so that kind of help and then what you’re doing right now is so very helpful because your audience now is informed. And so we appreciate that. Um, and then the other piece, we need artists. You know, oftentimes we find that artists don’t want to self-identify. And you can imagine why, you know, um, and so they don’t want to come into the spotlight because no one wants to be jeered at or, you know, you know, made fun of, um, and it really takes a certain kind of personality of an artist to push past that. And so we are always looking for artists that are talented. And so we have auditions and so folks can reach out to us at our website. Um, or they can contact me. Our website is show ability. Org. They can send emails to info at show ability. Org or they can contact me directly at um Clayton at show ability org. Um, but however persons feel that they are interested and would like to be a part, we want them with our event coming up in um, um, in July. Um, we’re looking for volunteers for that and so they can reach out to us for that.

Myrna Clayton: And then lastly, um, we are very much so, um, looking for persons who are connected that are in our target audience and that are connected to the disability community, a person, say, for instance, an artist especially, you know, artists are sensitive, you know, so they may not say, I want to do it, I want to do it, but there may be someone that has heard them, whether that be a teacher or a friend. And, you know, hey, I want that person to to contact me and then give me that artist’s information and then I’ll contact the artist. Artist, because a lot of times persons will make recommendations and the artist will never contact, but I’ll contact them and I’ll be able to say, hey, Lee told me that you’re amazing. You’re an amazing musician. I’d love to hear you, you know, can you send me a tape or can I come and hear you perform someplace? And it starts like that. And it’s really an encouragement to just kind of come out of your shell and, um. Or I heard that you’re an actor. We got some opportunities, and we’d like to present to you. Um, and so it goes from there. So that’s those are the kinds of things that we would love to have. And then lastly, from a media standpoint, um, Lee, for you to tell your colleagues, hey, this is something that, um, is worth talking about. Um, and so I again, I appreciate you so much for giving us this platform.

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

Myrna Clayton: Thank you. Thank you so much, I appreciate you.

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

Tagged With: Myrna Clayton, SHOWAbility

Scott Matthews With Verusen

May 31, 2024 by Jacob Lapera

Atlanta Business Radio
Atlanta Business Radio
Scott Matthews With Verusen
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Scott Matthews is the CEO of Verusen, leading the company’s day-to-day operations. An accomplished corporate strategist, he is renowned for optimizing business performance while propelling revenue and delivering extraordinary profit margins.

Previously, he was CEO of MRP, the Philadelphia, PA-based global provider of predictive customer acquisition software and services. Before joining MRP, he was CEO of CrowdTwist Inc. He successfully negotiated multimillion-dollar contracts with Fortune 500 accounts while repositioning the go-to-market strategy for CrowdTwist’s customer loyalty SaaS solution.

During his tenure, the company rapidly scaled sales, achieving 728% overall revenue growth, delivered strong business performance, and was acquired by Oracle in a multimillion-dollar deal.

Earlier, he held senior-level roles in technology, sales, and SaaS companies. Scott holds an MBA from Pace University and a BA in Business from the Rochester Institute of Technology.

Connect with Scott on LinkedIn.

What You’ll Learn In This Episode

  • Named one of Atlanta’s 100 fastest-growing companies – what is driving this growth
  • What are the biggest issues facing your industry today
  • Verusen offers an AI-powered MRO (Maintenance, Repair, and Operations) Materials optimization and collaboration solution – what problems does it solve

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. Today on the show we have Scott Mathews with Verusen. Welcome.

Scott Matthews: Hi, Lee. Thanks for having me on.

Lee Kantor: Well, before we get too far into things for folks who aren’t familiar, can you tell us a little bit about Verusen? How you serving folks?

Scott Matthews: Sure. Lee, we’re a supply chain company based on artificial intelligence, and we go after the indirect side of the supply chain and trying to automate the way maintenance, repair and operations is done without increasing any business risk to the company that we serve.

Lee Kantor: And for folks who aren’t as familiar with supply chain as as you are. Can you kind of paint a picture of what supply chain means for a regular person?

Scott Matthews: Sure, absolutely. Thanks. Um, so there’s two sides of a supply chain. The direct side of a supply chain are the raw materials and finished goods that are in ports, warehouses, people’s, um, you know, uh, shipping facilities. What Verizon does is we look after what’s called the indirect side of the supply chain. And what that is, is all the, the maintenance and engineering and manufacturing facilities inside of your wall to make, uh, something that we may buy at this point, like John Deere as an example, as a customer. And we look after all the spare parts and all the inventory inside the factories where they make the big green tractors, and usually that’s a couple of hundred thousand parts it takes to make, you know, a tractor as an example. And that’s what Verizon does, is we try to automate that side of the supply chain inside the four walls of a plant or a warehouse.

Lee Kantor: And is this kind of a Russian nesting doll situation that within each customer there’s a supply chain. And within each of their customers there’s like it just never ends, right? The supply chain is involved in every aspect of every business.

Scott Matthews: Yeah, it’s a good point, Lee. So, um, the challenge that most customers have is data is stored in different systems and in different formats. It might be in an accounting system, it might be in an asset management system. You know, it might be on a spreadsheet. It might be different across different plants, across different geographies and in different locations. And it’s hard to make sense of that incongruent data to figure out what’s the right part. I should have an inventory. Where should I store that part? How much should I pay for that part? From whom should I buy that part? And how do I maintain the minimum amount of inventory without increasing any risk to the business? Ever having a manufacturing facility go down or a line go down? So that’s actually the problem that Verizon solves. Is that incongruency of data and recommending what the inventory level should be, given the business risk profile of the customer that we serve.

Lee Kantor: Now you’ve been named one of Atlanta’s 100 fastest growing companies. Were you? Um. Growing because it was just expanding, like with the supply chain, especially during the pandemic. There was obviously issues there, and then people kind of got caught and and they, I guess, weren’t as intimately involved with their data that they couldn’t kind of protect themselves from that. Is was that kind of an engine for your growth?

Scott Matthews: Yeah, that’s a good point, Leah. That’s part of it is, you know, people overordered, you know, during the pandemic because they just didn’t have visibility into when something would arrive, especially if it’s a critical part. It might have, you know, a four month lead time, you know, versus a washer or a nut. That is, you can get, you know, in a day. So that did create some issues. Um, you know, the real issue is, you know, the people that run the plant make their own decisions, and procurement tries to buy what they want on a contract. And the problem was really hard to solve. And Verizon at the beginning of the company had to create the need to solve this problem. And now major companies, fortune 50 companies are coming to us saying, I have $400 million of inventory. That is not moving. Well, it’s slow. It might be obsolete. How do I figure out the right inventory management policy given the risk profile that we have? So we’ve seen a huge influx of business where people have a budget, they have a problem they want to solve, and they’re looking for the right technology. And those are the catalysts for growth for a company like Verizon, because, you know, we’re an enterprise, um, software package, which means many people get involved. It’s six months, nine months, 12 months to have a major fortune 50 or fortune 100 companies. Um, make a decision on the types of problems that we solve.

Lee Kantor: Now, um, this kind of. Attention and the need. I guess more people realizing there is a need for this kind of a solution has opened up some new verticals for you.

Scott Matthews: Yeah, exactly. So, you know, we’ve done really well in process manufacturing and that just means it’s, you know, something that happens in repetition and there’s a lot of inventory and spare parts that’s needed. Uh, we do well in pulp and paper and things like that that are and that’s the heritage of our company. And recently with the hires that we’ve made and the investments that we’ve made, um, oil and gas, you know, we’re about to sign a really large customer and that oil and gas sector. Um, energy, you know, one of the companies based here in Georgia is our largest customer, the one that we all buy, uh, power and electricity from is a large customer of ours. And mining, mining is actually a huge vertical that has a lot of assets when they mine, you know, the precious metals and things that that are components and the products that we buy. And those are huge industries that the three people that I support, that we signed on with Verizon, have 40 years collectively of operational expertise, domain expertise, and it’s helping us to solve those problems easier and faster. When I can speak the language of oil and gas, I can speak the language of mining versus process manufacturing or, you know, um, CPG and companies that we’ve done really well in, in the past.

Lee Kantor: We now are these verticals, primarily US based companies or are they global?

Scott Matthews: They are not. Um, you know, we have a top three, um, food and beverage company in the world that we use that they use us in four continents around the world. We support 40 languages, 40 currencies. It’s a worldwide problem to figure out inventory management about what part do I need, where in what plant, what factory, and how do I balance inventory on a worldwide basis across multiple languages, across multiple currencies? So Verizon is blessed to have a bunch of customers that are global, um, in nature.

Lee Kantor: Now, how has kind of the acceleration of AI tools impacted your business? Is this something that you’re kind of always looking for more and more talent in that space in order to stay in the forefront?

Scott Matthews: Yeah, it’s AI is a continuum. And when you take incongruent, data incongruent systems, it’s a perfect problem for artificial intelligence to solve is how do you make that a common data set? How do you make that actionable when the data is stored in all different formats and in different systems? And where are the benefit of being a young company and basing our data acquisition and data manipulation tools, all based on artificial intelligence. And once we have that data in our system, we look at the data to years of history across suppliers, across manufacturers. We normalize that data, and then we make recommendations for what should be the stocking policies for every single SKU SKU across someone’s plant floor. What should be the minimum you have in stock? What should be the maximum you have in stock? What are duplicates? How should you share parts? And the goal is to drive down working capital without increasing any risk, um, in the manufacturing process. And that’s all benefit of artificial intelligence and large language models and generative technologies. So, you know, we spend a huge 57% of every dollar, um, in our company goes to technology and artificial intelligence because it makes a huge difference in customers outcomes for what they hire us for.

Lee Kantor: Now, how difficult is it to implement your software into somebody’s system if they if they don’t have this right now and they say, okay, we’re going to flip a switch, do they start normally in one area and then it eventually kind of expands as they see the benefits? Or is it something that they got to make this kind of major change? No, it’s.

Scott Matthews: Actually a it has to be a wide decision. Lee. It can’t just be piecemeal because you won’t get the benefit of it. So it’s generally the plants that you want to control inventory. And the benefit of being based on artificial intelligence is we can be live within 30 days of of starting a project because of modern technology, because of AI. And customers can start to see value in 45 days of us starting. Gone are the days of six months, nine months, years of implementation to get value. That’s what artificial intelligence has brought to our customers is time to value. On buying software like Verizon. It happens really, really fast.

Lee Kantor: Now in the companies that you serve. Are there some times when the different groups within the organization are siloed and they don’t have, just as a culture, good communicative policy?

Scott Matthews: Now your audience can’t see me smiling. But that’s actually a problem that we solve is I’ll call it organizational alignment. So people in procurement, right, who are spending hundreds of millions of dollars in dollars to keep those plants operational, want everything under contract. They want everything to be planned. They want it to be consolidated across certain suppliers because it can drive down unit costs in acquisition. People on the plant floor don’t care about that. They just want to have insurance because they’re paid on availability, they’re paid on production. So it’s opposing agendas between manufacturing and procurement. And Verizon is the glue that puts those two departments together by showing evidence and science for why and how should you make inventory recommendations. So both parties win both manufacturing wins when they always have the right part at the right time. Procurement wins when you can drive down inventory costs without increasing risk. And Verizon is the balancing act between manufacturing and procurement. And generally those two departments are misaligned as organizations.

Lee Kantor: So who in the organization makes this buying decision?

Scott Matthews: It’s actually split. Um, procurement is often the sponsor, but manufacturing has to buy in and say, yes, this will work because manufacturing in the plant floors are the users. They’re the ones taking our artificial intelligence recommendations, and they have to accept it. They have to accept it. And then once they accept it, we update the systems of record like, uh, SAP, it’s an accounting system and a manufacturing system that runs many, many plant floors. So it’s actually a circle of inventory management that happens. But I need both parties to be involved for Verizon to be successful.

Lee Kantor: So how do you kind of demonstrate to the skeptical party that this really is going to make their life easier? This isn’t another one of these, you know, mandates from up high who don’t understand what it’s like to be the boots on the ground.

Scott Matthews: So it’s an excellent question. So risk mitigation is really important when you make multimillion dollar decisions to change process. So um we have ways to take in data in a sampling sense. Put it into our algorithms and show prospects not customers prospects evidence, quantitative evidence that our algorithms work, our science works. So it really does minimize the risk of buying, uh, software from Verizon. And we’ll do that as a pre-sales effort because I also want risk mitigated. I want to make sure that we sell the right software to the right customer that will be successful, and then they’re able to build the business case, quantitative ROI about how much they’ll save versus qualitatively saying, gosh, I might save $10 million. I might save $40 million. It’s hard to get a business case justified in today’s economy without quantitative evidence that it works.

Lee Kantor: So what’s next for you? What do you need more of and how can we help?

Scott Matthews: So what I’m in the process of doing is, um, building out, you know, the worldwide aspect of our company by hiring, you know, three people in sales. It sounds like a small amount, but for us, you know, it was a good investment. And then to build out, you know, people that are outside of Atlanta, outside of New York to hire in, you know, appropriate geographies. The other aspect of what we’re doing is building a partner network for complementary services that add more value than Verizon can independently. And I’ll give you an example. So you might have in your factory lead $40 million of inventory that hasn’t been moved in a while. And if you’re the financial person, how do I get that off my balance sheet? How do I get that that expense, uh, liquidated in an appropriate way. So we’ve integrated to two different disposition companies that will look at slow moving inventory and either buy it or consign it for resale. So customers are able to get more value than just what Verizon can, can supply. As one example, we have another partnership with recurring spare parts versus buying new. So we have third parties that integrate to our solution, and it might cost $0.30 on the dollar to spare to repair a $24,000 motor versus buying something new. So again, offering a a better way to spend money versus always buying new and dealing with supply chain issues. Why don’t you fix what you have? Because it’s just less expensive. And mean time between failures is not, uh, high on this. So those are some examples, um, of partnerships that we’re building.

Lee Kantor: So now the new verticals that you’re working in, that sounds like it was kind of customer driven, like there was a need. And then you decided to put a body on those verticals.

Scott Matthews: Yeah. So, um, I’ll give you again another really good example. Um, there’s a top ten oil and gas company that we haven’t signed the contract yet, but it’s imminent. Um, you know, they have a billion and a half dollars of inventory on oil rigs out in, you know, the ocean and and different warehouses and plants, you know, around the world to produce the oil that ultimately goes to the refineries. And they wanted to reduce that inventory without increasing any risk, right, of production. Uh, at this point. And Jeremiah, you know, Jeremiah Woodford knew the decision maker and ultimately positioned us for, you know, in our world, a very large deal. Um, and we think we can decrease inventory by $50 million for this customer, which is a huge, um, amount of value that we would have. And we can do this within a year of, of signing. But that’s an example of how the new people we’ve hired have got us in to verticals that we didn’t participate in because they knew the decision makers, they knew the processes, they knew the language, and they knew how to get around, um, that type of an account to show our value in the same way we might have for, you know, a top ten, uh, you know, company here in the States that produces paper products that you and I are buying at a grocery store or a beverage that, you know, we’re buying and, and in a grocery store or a bar or something like that.

Lee Kantor: So if somebody wants to learn more, uh, where should they go? What’s the website?

Scott Matthews: Um, it’s it’s the dub dub dub dot Verizon. Verizon.com. Um, there’s a sales link. There’s a, you know, all kinds of, uh, FAQs and questions. Um, you could, um, you know, engage with, but, you know, that’s that’s we that’s how we generally speak to someone who’s interested in what we’re doing today.

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

Scott Matthews: We thanks for the opportunity and thanks for letting me talk to your viewers. All right.

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

Tagged With: Scott Matthews, Verusen

Cheri Benjamin With Village Premier Collection

May 24, 2024 by Jacob Lapera

Atlanta Business Radio
Atlanta Business Radio
Cheri Benjamin With Village Premier Collection
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Cheri Benjamin stands as a trailblazer in the realm of real estate, with a journey marked by remarkable achievements and unwavering dedication. Her entrance into the world of Real Estate commenced in 2000 as a Loan Officer, where she not only excelled but also expanded the business to include a team of 22 Loan Officers. Throughout her tenure, she shattered sales records that endure as testaments to her prowess over the past two decades.

In 2006, she transitioned seamlessly into the role of a Real Estate agent before returning to her roots in Atlanta. As the CEO of The Benjamin Group, Village Premier Collection (VPC), and WEINSURE JAG companies, her leadership has propelled VPC to #676 on INC 5000 and secured its position as one of the Top 5 Commercial real estate brokerages in Metro Atlanta. Village Premier Collection stands as the Largest Minority Female Owned Real Estate brokerage in Georgia, boasting a roster of over 500 agents.

Her insights and expertise have garnered national and local recognition, with features in esteemed publications such as the Atlanta Journal Constitution and the Business Chronicle newspapers. She has been a sought-after voice on platforms like 11 Alive News, lending her perspective on the intersection of the Real Estate Market and the evolving economy.

Her accolades, including being named the 2018 Coach of the Year by Club Wealth and achieving the prestigious 2019 Multi-Million Platinum status, underscore her unwavering commitment to excellence. With over $450 million in revenue, her impact reverberates across the industry.

Beyond her professional endeavors, her commitment to service is evident in her role as a US AIR FORCE Veteran and her dedication to coaching five brokerages nationwide. A devoted wife and mother of five sons, she epitomizes family-centric values and community engagement.

Her vibrant personality and tireless work ethic ensure that every real estate experience under her guidance is not only professional but also pleasant. As she continues to empower others to flourish and thrive, Cheri Benjamin remains a beacon of inspiration and excellence in the real estate landscape.

Connect with Cheri on LinkedIn.

What You’ll Learn In This Episode

  • About Village Premier Collection

Transcript-iconThis transcript is machine transcribed by Sonix.

 

TRANSCRIPT

Intro: Broadcasting live from the Business RadioX studios in Atlanta, Georgia. It’s time for Atlanta Business Radio. Brought to you by On pay. Atlanta’s new standard in payroll. 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, Onpay. Without them, we couldn’t be sharing these important stories. Today on the Atlanta Business Radio, we have Cheri Benjamin with Village Premier Collection. Welcome.

Cheri Benjamin: Hi. Thank you, thank you.

Lee Kantor: I am so excited to get caught up with you. For folks who aren’t familiar, can you share a little bit about Village Premier Collection? How you serving folks?

Cheri Benjamin: Yeah, so Village Premier collection, we go base to base just short of VPC. So we break that on down. Make it a little bit easier for people. But we serve real estate needs. Whether you are buying, selling, investing in residential or commercial or doing development. So we service a lot of different angles in the real estate space.

Lee Kantor: So what is the climate in today’s real estate world? Is it a good time to be in the real estate business?

Cheri Benjamin: I mean, you’re asking a person who loves the real estate business that question. Absolutely. This market that we are in right now is really starting to make a huge shift into those that space that is very viable for buyers, sellers, investors, all of that is what we’re really seeing. A lot of people back in the fourth quarter of last year were interest rates spiked pretty high. It slowed down a lot of our demand that we had based upon our supply. And now we’re starting to shift a little bit more back into that very high supply. And we’re getting those folks to come on out now in order to meet that this the supply and the demand need that we have here. So the market is doing fairly well and it’s really starting to climb now.

Lee Kantor: Is that the metro Atlanta market in general or is it across the country?

Cheri Benjamin: This is actually what we’re seeing in more than just the Atlanta metro area. We actually service the entire United States. Now, there are some markets that are still having a little bit of a time getting rebounded from there. But generally most markets is starting to we’re seeing a large increase in the amount of homes that are going on the market, the increases in prices that are happening. Um, the on the commercial space, we’re seeing a lot more of the commercial properties that are that’s going to be the difference there. Those properties are a little bit harder to get rented out. So anyone who is doing any leasing of commercial spaces, there has been a little bit more of the less there in the opposite of the supply and demand for those that are out looking for commercial spaces. But on the residential side, everywhere in the US is really starting to catch up to what you’re seeing in Atlanta is really starting to happen across a lot of markets now.

Lee Kantor: Is it that folks have just kind of accepted that, look, interest rates are going to be a little higher now for a while. And just like I mean, I remember when I bought my house decades ago, interest rates were higher than this and we just adapted to it. And then, you know, when they got lower by a certain percentage, we refinance and we refinance our way down to when it was low. I mean, it just isn’t it kind of cyclical.

Cheri Benjamin: I don’t think that people are getting used to it. I do believe that what is happening is that their interest rates have softened a lot from where they were. I mean, they got almost up to 8%, and in some areas they were at 8%. And, you know, really not to talk about either one of our ages. But yes, I do remember my first house and where I closed it was higher than that interest rate, the interest rate that was offered, um, no matter what your credit score was, was a lot higher than what we have seen. But people don’t. People weren’t looking at buying back then. You know, when I talked to a person who’s ready right now and I tell them, you know, when I back when I bought my first house, I was at 8.375. They really think, well, that’s great for you, but I’m thinking of what’s happening right now and the affordability right now for my property. And with the interest rates softening from that 8% and trickling back down, especially in the markets where builders and people are doing buy downs of interest rates. So we’re getting very creative when it comes down to the financing side of it. In order to make the homes more affordable, uh, for those that need loans.

Lee Kantor: Now, are you seeing kind of the aggressive financing that was around maybe back in the day a little bit where there were, you know, balloon payments or adjustable for the first few years and then, you know, larger payments after that. Is that happening?

Cheri Benjamin: Well, those loans are still available, but those loans are not what we generally see from most. And the reason why is Dodd-Frank came in, and it really did help with making it so that back in those days where someone would do a two year, 228 is what it was called fix for two years, adjust for the next 28 years. That adjustment, you know, went so high that that’s what sent us into the recession is that we had an influx of people that they they could not afford their mortgages anymore. Those types of things we don’t generally see. Can you get an arm? Yes you can. You can still go and get A51, A31, 271, a ten one. You can still get those. And those will give you a much lower interest rate, um, to start off with. So those are still available but those are not the deals. Whereas in 2005 the ARM deals were dominating the market. Now in 2024, the ARM deals are a very small piece of the market. And I believe that’s because we’ve learned our lesson. And that is the one thing I’m very proud of when it comes down to the to the real estate industry as a whole, whether it’s on the mortgage side, whether it’s on the, uh, buyer and seller side, and including what has happened with the regulations that have come down. I do believe that that has helped our industry as a whole that will keep us from going back into that recession again. So we’re not seeing a lot of those that we used to see before. People are not I think we have a much more educated buyer nowadays, uh, versus what we had back in, you know, rewind the clock back 20 years ago. We had a we have a much more educated buyer nowadays.

Lee Kantor: Now, what’s it like to be in the real estate business if you’re a realtor? Is this a good time to be a realtor?

Cheri Benjamin: I think so. I have enjoyed my real estate license for the last 24 years. I’ve seen a lot of ebb and flows of real estate that has happened. I’ve seen people come into the market and get out of the get out of the Or come into the industry and then get out of the industry. I’ve seen all those different things happen. For a person who is looking at starting to get into this business, treat it like a business. I want for people to understand that when you get into the real estate space, you are getting into entrepreneurship. If you’ve never been an entrepreneur, so you are getting into entrepreneurship and you do need to treat it as such. You need to treat this business no different than what you would treat your carpet cleaning business, or your brick and mortar that you would have that you would go into on your 9 to 5. You really need to structure your business, create the leverage around your business and understand what you’re getting yourself into. There is a lot of mentorship. There’s a lot more coaching. Youtube can be your friend in some aspects of these things too. Whereas we didn’t have these sort of accesses to this type of education 20 years ago. Nowadays we do. And so a person who’s looking at getting into the real estate space, I always tell them mentor and coaches are number one for you because they will you don’t know what you don’t know, and there’s going to be pitfalls that you want to get around. And so let’s get them in place that can help you with your pitfalls. And then also make sure that your business is structured properly in order for it to grow.

Lee Kantor: And then it’s like you mentioned, this isn’t like a job where you show up and you’re going to get a starting salary and you’re going to get bonus based on what how the company does this is kind of an eat what you kill. Uh, you’re learning, you’re making investments, and then you’re seeing the fruits of your labor if you do well over time.

Cheri Benjamin: Correct. And you’re also. Need to understand those that you’re helping and how that works. You know, your buyers, your sellers, your investors that you are helping that is out there. And as you grow and you grow your knowledge and all those different areas, there’s more people that you can that you can assist and that you can help, um, that’s there. So it’s not just understanding the business itself. You have to understand the business. You have to understand client acquisition. You have to understand relating relating to your clients and understanding your clients and getting to the root of what your clients are really looking for as their ultimate outcome. And can you provide that? And if you say that you can provide that, you better deliver, you better deliver, because this is a business that everyone that gets into it, the only thing you have is your name. When you first get into this, you have your name. And that’s the one thing that I can’t get rid of. I’m not getting rid of that sucker. I’m Sharif Benjamin every day when I wake up. So that’s the one thing you have. And if, Lee, if you were my client at the time, then I want you to continue to use me. And so therefore, I have to get to the root of what it is that you are looking to accomplish. Make sure that I can check all those boxes. And if I can’t check those boxes, then who can? Who is the right person in order to do that? Or who is the right person for me to bring in in order to assist us in getting that done, lowering down the egos, understanding what you don’t know, putting your client at the center of your focus and your client’s outcome and your client’s experience is what is number one. And making sure that your business can handle the ebb and flows of real estate. And that takes time and it takes patience, but everyone gets there.

Lee Kantor: Or they don’t.

Cheri Benjamin: Were they done? Did they run? Can get there.

Lee Kantor: So now when you started at VPC, I believe you were the first agent that they hired or was hired.

Cheri Benjamin: Yes. Oh, wow. You’ve been to the vault? Yes. So they used to be village royalty, and I was their very first agent, uh, that they hired back in. Technically, it was 2013 because I moved on December 30th 1st to 2013. So January the 1st. I started off with just them. Uh, so. Yes. So that’s where I started off with them in 2019. They approached me about purchasing the company. I purchased the company in October 2019. Uh, the acquisition reduced our agent count. We went from 112 agents down to 67. And now, since then, just the evolution of what village has done and what village has grown into. We recently just brought on and did a partnership with Rio. So we’ve taken those 486 and offered them the partnership with real that we have. Also what happened with that is that it then exploded us across the United States, um, by doing so. So we have grown immensely and, um, very grateful for all of the growth that we’ve had, um, over the course of the years. I don’t think that I’ve even envisioned all of it that has taken place. So this has all been a blessing, um, to us by just putting people first. So I just believe in putting humans first. And this is what has come from doing so.

Lee Kantor: So now, what’s it like leading an organization that’s nationwide now? Like what systems in place? What are some of the things you’ve done to enable you to be successful? You know, in taking something that was maybe local, regional and now kind of scale it?

Cheri Benjamin: Yeah. So we had already scaled it. So we were in prior to um, joining, we were in moving the organization. We were already in eight states, so we were already going through. So it’s almost as if we had we got the groundwork done. So we didn’t have to make a lot of system shifts from how we already showed up. There was not a lot of shifts that we’ve had to make. What we have done, though, is we’ve deepened a lot of our connections so that we can go wide and go deep at the same time. Um, but I’m very strategical when it comes down to how our growth is. We’re not for everyone, and everyone is not for us. And I am 1,000% okay with that. I believe in attracting our like mindedness for growing out our tribe. Um, and so with that, we didn’t we didn’t haven’t had to use brand new systems and anything of that nature. We were already in eight other states. Um, so we’ve just added on.

Lee Kantor: So who is a good tribe member for you? What do they look like? What are they? What are they? What work are they doing right now that you’re like, hey, I’d like to get on their calendar.

Cheri Benjamin: A good tribe member for me doesn’t have to do always with how many transactions they are doing. It has to do with the human. So I’m much more with getting to who is the human behind this. So do the value system align? Do we have a shared vision? It can. What you are looking to grow to in your business? Can that be done here or can it not? And having true authentic conversations in reference to that. And that’s where a lot of people so we don’t do any sort of a recruiting. We do more attraction, meaning that we are looking for those that are more similar to us, those that believe in reaching behind you and pulling the next person up, those that believe in taking care of that person that’s next to you. Um, those who don’t believe in glass ceilings, that it’s a glass ceiling for a reason. It’s meant to be broken through. Let’s keep growing those with same similar style drives, those that are willing and that want to deposit more into those that come from them, and even those that don’t, you know. So we have a saying that’s called m’butu, which means I am because you are. So can I look at you and deposit into you and know that I’m going to receive everything that I should receive just from depositing into you? It makes me who I am to deposit and to invest in you. That’s really at the core of us, you know. So the real concept of work hard and be kind. And when we link these two things together, it’s just a full alignment for our agents. So that’s who we attract and that’s what we’re looking for. Those that are more like minded, that operate in authenticity, that believe in, if I’m going to put something out, it needs to be ecological. It needs to be good for all, not just good for self. And that’s the community of the tribe that we have been growing and that we are continuously growing.

Lee Kantor: So what do you need more of? How can we help? You mentioned residential. You mentioned commercial. Um, what do you need more of?

Cheri Benjamin: All of the above. It is really all of the above. This business was built in order to. Fill the spaces for those that come into it, and to be able to invest in those that come into it. So if it’s in the commercial lane, we have that. If it’s in the residential lane, we have that. If it’s in the more of content creation side, we have that. If it has to do with I want to grow from an attraction piece of my YouTube channel, we’ve got that in the coaches for that. So villages really meant for a place where the our real estate entrepreneurs can come to thrive in their lanes, that they choose to do it in and to build a community around that. So any and any of those that fit that, but the center of them is that I want kind individuals.

Lee Kantor: So now what is.

Cheri Benjamin: That’s what’s really at the center is the kind individual. Right.

Lee Kantor: And the value alignment and what so if there’s a real estate entrepreneur out there right now that maybe is frustrated, maybe is plateaued, is that like what kind of pain are they having right now where they should, you know, go, hey, maybe I should check out village.

Cheri Benjamin: A lot of people are just not being supported. That’s what’s what I see a lot of right now. We have a lot of people that are not being supported and people don’t see them. So at village, it’s really big for us to see you and what your light is and not put you into the same exact boxes with the next person’s light is. And I’ve been at several companies, several big box ones and not so big box ones, and I’ve seen this where they like to paint one one brushstroke and put everybody underneath that. That’s not how we are. That’s a lot more of what is authentic to you. And then helping that grow and turning up that dial of whatever your light is, uh, is how we really look at our approach is to coach, lead and train and help those agents, because the more and more agents I help coach, lead, train, navigate through business, grow their business vertically, the more other agents. They’re going to reach out to and let them know about the company.

Lee Kantor: And if somebody.

Cheri Benjamin: Wants, that’s really how we see it. There’s a lot of agents out there that are just struggling.

Lee Kantor: Right. And it’s like you said, they feel like they’re in an island. They were sold a bill of goods, and then it’s kind of sink or swim on your own and good luck. And, um, they don’t really have the support and the mentorship and the coaching needed to help take, you know, maybe somebody who needs a little more guidance to the next level. So if somebody wants to, if somebody wants to connect with you and learn more, what’s the website?

Cheri Benjamin: So in order to connect and learn more with us, you can actually visit a real village.com. And if you visit a real Village.com, that really does explain a. A lot of who we are and our main website is Village Premier. Com so you can also go there too. They both link to each other, but a real Village.com does tell you how about who we are? And you can always dig and dig and dig even more if you’d like to.

Lee Kantor: Well, Sherry, thank you.

Cheri Benjamin: But you can reach out to us there. You can contact us there. You can learn more about us. Join the tribe. You can do all those things there.

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

Cheri Benjamin: Thank you so much. Thanks for having us. All right.

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

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Tagged With: Cheri Benjamin, Village Premier Collection

Steven Pope With My Amazon Guy

May 22, 2024 by Jacob Lapera

Atlanta Business Radio
Atlanta Business Radio
Steven Pope With My Amazon Guy
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Steven Pope is the founder of My Amazon Guy, an agency with 20-million dollars in annual revenue and 400+ active brands. He is a best selling author with his book “Amazon Selling Tips.” He started his career as a TV reporter in Idaho, then was an eCommerce Director for 10 years for brands ranging from Gold & Silver Coins to Women’s Plus Size Clothing.

He then created My Amazon Guy, an agency with 500+ employees on growing traffic and sales on Amazon. He not only owns MAG but also My Refund Guy, My Warehouse Guy, 4 Amazon Brands: Momstir & Age of Sage, HOLSTIT, and Lilly Posh.

He has been viewed by millions of people on YouTube in thousands of videos where he shows how to handle ANY problem faced on Amazon.

Connect with Steven on LinkedIn and follow My Amazon Guy on Facebook and Twitter.

What You’ll Learn In This Episode

  • How Steven scaled his agency (500+ employees)
  • How he built his Amazon Agency

Transcript-iconThis transcript is machine transcribed by Sonix.

 

TRANSCRIPT

Intro: Broadcasting live from the Business RadioX studios in Atlanta, Georgia. It’s time for Atlanta Business Radio. Brought to you by On pay. Atlanta’s new standard in payroll. 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, Onpay. Without them, we couldn’t be sharing these important stories. Today on Atlanta Business Radio, we have Steven Pope with my Amazon guy. Welcome.

Steven Pope: Hey, thanks for having me on, Lee.

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

Steven Pope: Uh, so I run a 500 employee company called my Amazon Guy. And we help brands grow their business on Amazon. So that’s why they call me the Amazon guy.

Lee Kantor: So what’s your back story?

Steven Pope: I used to be a TV reporter overnight in Wisconsin, and then I was doing a live weather hits in, you know, Madison, Wisconsin, biggest blizzard the state had seen in a decade. And, uh, 10:00 at night missed my cue to go on the air. And I had hair back. Back then, uh, my hair froze over. I missed my cue. It felt like an idiot. And everybody was else was home in their pajamas. And I said, you know what? I would rather get into this e-commerce game where I could work from home. And so I actively transitioned my career and have been doing that since the past 15 years. Uh, so I’ve done everything from women’s plus size clothing to kitchen equipment to gold and silver coins. And, uh, after I got laid off about six years ago from a lighting company, I said, you know what? I’m tired of growing these e-commerce brands and making these guys millions of dollars. I’m going to go do it for myself and the true entrepreneurial spirit. And it’s been a it’s been a really good big growth since then. And, and, you know, we run $20 million in, in, uh, gross every year now as an agency that what clients pay us. And it’s been a good ride. So I accomplished my mission.

Lee Kantor: So do you still have brands that you’re selling yourself?

Steven Pope: I do. I grew a brand called Age of Sage. Uh, you know, selling some soaps. Uh, we have a brand called Whole State that sold holsters. We’re a manufactured holsters from scratch over in the Carolinas. Uh, some things went well. Other things were a disaster. And, uh, turns out nobody wants to buy an American made holster when they can buy the Chinese version for half the cost.

Lee Kantor: So, um, but you’re still keep kind of, uh, a toe in that water just to keep fresh or to try your own things, uh, on behalf of your clients? Or is now the majority of your work helping other people be successful on Amazon?

Steven Pope: So I did sell one of my brands so I could go back and focus on my agency, and I ended up losing a quarter million dollars in stock or inventory. And, you know, a lot of people, if you go on YouTube right now and you listen to some gurus about selling on Amazon, they make it out to be this easy thing. Oh, it’s passive income and it’s so easy. All you gotta do is follow my course and buying my course for $1,000 or whatever it might be. And I have kind of an opposite experience where I think it’s incredibly difficult. And, and sometimes you need an expert to help you along the way. And obviously I’m biased to say that, but, uh, it’s it’s been the biggest wealth transfer in my lifetime. It’s it’s made me a millionaire. And I’m open about how how it’s helped me and selling on the platform. And you know, we felt, you know, thousands of other brands do the same thing, but it’s but it’s extraordinarily difficult. You have the Chinese hitting you from the left, and they’re lowering their prices and making margins difficult. You have aggregators hitting you from the right, where they ingested $7 billion into the space in the last three years, buying up brands and making it more complex because they’re adding techniques, they’re adding tech, they’re adding AI. And then from so you’re getting hit from the right, from aggregators, and then you’re getting hit from the top, from Amazon, because they’re making it harder to sell on the platform. They’re adding regulation, they’re adding fees just if you have low inventory. So there’s a lot of complex dynamics going on in the Amazon. Seller is squished from every side in a box right now. But you know, at the end of the day, the consumers that get those brown boxes shipped to their their house and you got prime. Now, you don’t even have to wait a full day to get a shipment and get a box. I got to say, it’s a great consumer experience, but the seller gets the shaft in many instances.

Lee Kantor: So now is there kind of a. A type of seller that, um, that this works best for. Or is this something that, like you said, you started? Hey, I got this idea, and I’m going to be this guy, and I’m. I can do this out of my garage. Like, is that really a path for somebody that doesn’t have, you know, the resources you described? Or is it now kind of matured to a point where, look, if you don’t have, you know, tens of thousands, hundreds of thousands of dollars to invest in this venture, it’s going to be difficult for you to be successful.

Steven Pope: It’s going to be a mixed bag answer here. So what’s what I love about Amazon is that if you have 4 or 5 $6,000 to set aside, you wouldn’t lose your shirt. You could still pay rent if you lost it. That’s enough to get started. Uh, a lot of people will start with certain models, like retail arbitrage. You’re going over to the toys R us when they go out of business and buying some stock and then, you know, reselling it on the platform. Um, I specialize in private label, and that’s where you make a brand, and it’s very possible for somebody to do it out of their garage, do it out of their closet, whatnot. Um, that’s how I started. And you’ll you’ll find thousands of those stories online. It’s harder today than it was five, six years ago. You know, I was in the beta program for advertising on Amazon, and I was getting PPC clicks in position one for $0.02 a click. And that’s unheard of today, where, you know, if you sell a supplement, you’re paying $5 a click. The nice thing about Amazon is that the average conversion rate is 10%. So one out of ten people that go to your listing is going to buy.

Steven Pope: That’s an incredibly high conversion rate. Compare that to a Shopify or any sort of web store where their average conversion rate is closer to 1%. So Amazon has solved a lot of problems, which makes it easier for you as a marketer or as a product. Sourcer to to have a chance at, at, at launching a product or launching a brand on Amazon. That’s why you hear of the concept native born Amazon brands. You won’t ever hear that about Walmart, right? Because Walmart’s not really a marketplace. It’s a retailer that’s kind of allows you to sell on their platform, but they still cheat the in retail products. On the top of the search results, Amazon is very much a fair, open marketplace. It may not feel like that at some times with some of the policies, but in reality it is because you can launch something and know within six weeks and you could have 40 $50,000 in monthly sales within, you know, a couple of months. It’s not guaranteed. It’s an investment, but it’s possible. And you can’t say that about any other platform in the United States today.

Lee Kantor: Now. Um, like in in any marketplace, you’re kind of beholden to the marketplace like you. These are your customers. They’re Amazon’s customers. Is is part of your strategy to help these, um, brands get the business out of the platform and, and into the lease their database so they can market to them without having to pay. Because like any, any marketplace, when you have, um, you’re the place where business gets done, then you control who is seen first, and then it becomes a lot of times a place where, oh, you want to be first you have to pay, and then you’re ending up paying the marketplace to be seen. Whereas at the beginning, like you said, it was $0.02 a click to be seen. And now it’s, you know, whatever, five, $10 a click depending on what the product is. So now you have to pay a more and more money. Like that number is not getting less. It’s only going to get higher.

Steven Pope: Amazon is about a one third partner. So if you sold an item for $100 on Amazon, they’re going to take $33 of that, give or take. And it’s a 15% referral fee right off the top. After that you’ve got logistics and advertising. And that usually comes out to be right around 33% depending on the category. It can go up or down a couple of points. Uh, is there incentive to go off the Amazon platform? I think there could be a case to be made about that, I think I think you’d hear arguments for both sides, but why would you want to send the consumer to your 1% converting Shopify account when you get 10% conversion on Amazon is generally the default position that I hold. Uh, yes. You don’t get control of the customers. That’s a downside, and it’s a pretty major one. But there really isn’t any incentive to try and collect that data. Amazon is basically encrypting that data now. You can’t even send email messages without getting in trouble unless it’s about a shipment, so you can’t market them at all. That’s a fact. But the nice thing about Amazon, though, is you can acquire new customers and the lifetime value is still very apparent. So they have a program called Subscribe and Save. Well, if you’ve got a supplement that you sell and maybe it costs you more than the product to acquire the customer, but they hit that subscribe and save button and then all of a sudden your lifetime value of that customer is five x or ten x. That’s where people are making their money. And and so subscribe and save program. That’s very common for for customers. They’re they’re acquainted to it. There’s a 10% conversion rate on the Amazon platform. When you add all those things up. A lot of brands that I work with, out of the 400 brands I work with, at least 300 of them only sell on Amazon or have 95% only sells on Amazon. So. So a lot of Amazon native born brands don’t have to go anywhere else to have enough to run their entire company.

Lee Kantor: Now, you mentioned that, um, you know, the end customer is Amazon’s customer. It’s not your customer. Um, I don’t know if this is true. Maybe this is one of the myths, but if something is being successful, I’ve heard that Amazon has all the data and says, oh, that brand is is killing it. Why don’t we have an Amazon Basics brand of that? And then we take all this market research on the back of all these people who have products out here, and then they say, okay, let’s us handpick and manufacture just this thing because we know that it’s working in the marketplace because we have all the data.

Steven Pope: So the FTC is actually suing Amazon for literally doing exactly that. Um, it’s kind of a farce of a lawsuit, in my opinion. Uh, I don’t think anything meaningful will come from that, but I do think that Amazon will give us a sacrificial lamb, so to speak, where they’ll be like, oh, we’ll cut out some of our private label brands we’re losing money on anyway. Uh, and they’ll sacrifice them. But at the end of the day, uh, Amazon did do some corrupt things. Uh, we I’ve heard the personal stories. I’ve met the people that have gone through it where where they own where a brand would own the manufacturing facility in China. And the only information about that manufacturing facility was because they submitted a CoA document, certificate of analysis document, um, into Amazon and Amazon, reverse engineered it, and then called the manufacturer to try and cut them out. So I’ve seen the stories, I’ve talked to the brands that have experienced it. Uh, yes. Amazon has a problem. Uh, there’s there’s a culture of corruption with the monopoly. And this is inevitable with any monopoly ever. Uh, but but overall, it’s also, you know, while it is the elephant in the room that we all have to talk about, and it’s a nice big, fluffy pink elephant, it’s also the elephant you have to work with. Right. And so, uh, there’s things you can do to try and protect yourself. But but really, you could be ripped off by the Chinese just as easily as you could be ripped off by Amazon. And so you just have to build a really powerful brand. You just have to focus on your marketing and your customer delivery, and that’s what can protect you from some of that corruption.

Lee Kantor: Now, um, do you mind doing some kind of on air consulting? I’ll give you a product, and then you tell me what you think. Um, so a friend of mine is, um, got into the Amazon business. This true story. He developed a product, and it’s called firewater. And it’s a tea that has, like, cayenne pepper in the tea. And it started out as a gargle. Now it’s a tea. And he’s been on Amazon and he’s just a guy. You know, he is an experienced uh like you in, in the platform. But he, he’s just went through the process I guess like you were at the beginning and he’s getting some traction. But it’s not he’s not he doesn’t have escape velocity. What would you do if you were him to achieve escape velocity?

Steven Pope: So the price of his item. I just looked it up on Amazon. So he’s selling it for about $8. It’s firewater for a sore throat. I think he has a challenge brand name because when you type in firewater what comes up is fire extinguisher products. And so he’s made a unique, uh, brand name position. Uh, that will be challenging for search engine competition. Uh, so that’s a challenge. Uh, I see that he’s built a brand store. He’s got some mild A+ content, but a lot of the optimization techniques that I preach haven’t been done yet. So there’s no humanization. There’s not a single picture of a human anywhere on his listing. Uh, there. There’s not a video. Uh, he doesn’t have 500 words of copy in his A-plus content. He doesn’t tell his brand story. And and so if I were to order this right now, there’s no subscriber. Well, actually, actually, there is. Subscribe and save. So that’s good. So that one’s enabled. Um, but he probably needs to fund it a little bit. So instead of it being like the standard 5%, subscribe and save might need to go to 10 or 15% to try and incentivize that. Uh, he’s only selling 20 statutes, is what he’s calling them. Um, and I would probably try and create a bulk box deal and offer a further discount to try and increase that AOV.

Steven Pope: I would add a video of somebody stirring the tea and maybe making some jokes about how how his throat’s on fire or how it makes the throat feel better after, you know, whatever, you know, it’s firewater. You got to make some jokes here. But there’s really like this one very much needs the dude wipes treatment to to go viral. Right. Like make it funny. Have a TikTok video where somebody’s drinking firewater and it’s all of a sudden it’s the 15 year old Cinnamon Channel challenge again in the kitchen. Um, so there’s a lot of things that could be done to take this brand. But, you know, with a 3.9 star, uh, review brand, it’s it’s polarizing. Right? There’s 50 reviews average 3.9 star. And because it’s polarizing, I think he’s going to have to embrace that. Right. So if you look down at the reviews, what are people saying. And the people that don’t like it make fun of it. Right. The people that do like it, why do they like it? And using the language that the consumer speaks. So I’m just looking at a random review here from from Rebecca, who was a vine reviewer, which I wouldn’t recommend doing. Vine review, by the way, um says smells Great gave it a three star review, unsure of its reliability.

Steven Pope: Right. And so having to come speak to that reliability and explain why it is what it is. And the tea is a light yellow green color and it smells delicious. However, even after six minutes, the tea doesn’t have an abundance of flavor that I would imagine with all the bold ingredients listed. And so there could be, uh, some product best practice use instructions that need to be included or or explaining that another person writes a two star review. Okay, this doesn’t have much flavor besides spice. A few members of our household tried it and agreed. We all also agreed it didn’t help with the sore throat. So there’s there’s some challenges where people have expectations versus the delivery of the product. Um, and even another person wrote one star weak flavor. So there’s probably some really big branding emphasis, but also some general best practices the listing needs to do to kind of collect its demographic. Right. There’s no customer avatar to say, like, yeah, this is the perfect customer. So for example, if I was selling a Russian mail order bride right now, my perfect customer would be a three time divorced truck driver. I don’t know what the equivalent is for a firewater sore throat tea, but we need to identify that and it needs to be present on the listing to get that velocity.

Lee Kantor: So if somebody if he wanted to work with you or your firm, like what does it take to get into the queue to get your team helping.

Steven Pope: I love the fact I get to pitch myself, but it feels weird. My Amazon geek.com anybody can come over. And by the way, you can. There’s a bunch of free content I put out there on YouTube, and my LinkedIn guys are welcome to follow me. Um, a lot of times when I work with somebody, they’ve watched 20 of my videos. We get on a phone call together and they’re like, yeah, I want exactly that. Just give me that. And I say, cool, no problem. And then I give them what they ask for. Um, but we do have some a la carte options. You know, if somebody wants to get a coaching call or they just want to get a specific design made, we’re happy to help a customer anywhere we go. Um, we even filed trademarks, basically, kind of the concept as an entrepreneur is I like to never lose a customer, and I like to give customers exactly what they need. And so I’ve built my entire business to do that. Uh, and, and I like to joke. I’m an education company that happens to be an agency, and that’s done well for me. It’s made me a lot of money. And not everybody that, you know, watches my, my content will become a customer. But if 1% of them do and I have 5 million people watch my content, I’ve got a lot of customers and I’m pretty happy with that.

Lee Kantor: And then what’s a reasonable expectation like how quickly if something works, is it something like it flips a switch and it works, or is it something that has to slowly build over time?

Steven Pope: Certain elements are flip switch. So for example, if you switch your main image on Amazon, you’ll see the sales impact within the first 5 to 7 days. Other things like search engine optimization could take three months plus because you’re jockeying for competitive position. But the nice thing about SEO long term investment, it doesn’t cost a whole lot and it pays dividends for years. Other things like PPC somewhere in between, maybe like 2 to 4 week turnaround on on advertising. Sometimes it could be a little bit faster, sometimes it’s harder depending on what level somebody’s at today. Um, but but there are elements of short term wins, long term gains and just depends on what the goals of, of the brand are and what you’re trying to do.

Lee Kantor: Now, is it something that like you can tell like, okay, this is not going to work, or is it something like, well, it may work. Let’s just keep throwing money at it and we’ll see. We can turn it around.

Steven Pope: So so here’s the best part about this is that even though I’ve done this thousands of times, I’ve worked with thousands of brands. I personally have some preferences. Like I love working in kitchen, I love working in home goods and obviously this tea would would be right up my alley way. But there are a lot of products that I think will work and fall flat, and there’s a lot of products I’m like, oh, this is a slam dunk and we can’t do jack for and and so I have I’ve got enough road rash to know that my, my best practices will work 75% of the time, but one out of four products will not. And and and it’s been very interesting to find out. Like, I’m not as good at guessing as I thought I am, even though I’m an Amazon expert. So the reason I share that is because you really can’t get a gauge on whether it’s going to work without going through the motions. And even if you have the perfect data set, the simple form of action in business is more important than having it perfect. So for the people that are listening to this that are high detail perfectionists, you’re not going to like that answer. And I totally understand. Um, but for the guys that are more big picture and they just they, they’re high drive and they love winning, Amazon is an easy platform for you to work on because you get fast results. So if you if you embrace that hummingbird methodology where you flap your wings really fast, you don’t need to measure twice and cut once, you just go from from nectar to nectar and you move really fast at agility is rewarded on this platform. So making a lot of micro adjustments adds up really fast.

Lee Kantor: So now when, um, when a process like yours that requires a lot of tweaking and a lot of iterating, is that something you do or is that something that your client does?

Steven Pope: So we’re full service. We do everything, um, everything from SEO, PPC, design, catalog work, a lot of people who are buyers on Amazon and then become a seller are usually, uh, thrown off by how much catalog work there is. Uh, and troubleshooting, like, your listing will just be yanked off the platform one day and Amazon’s a shoot first, ask questions later type of platform and it takes them, you know, weeks to get it back up. And and we see that on like a by the hour process on our side with with the amount of clients we work with. So we’re always constantly reinstating listings and troubleshooting and all those challenges. Um, the one thing that you can count on when, when selling on Amazon is that it’s going to be, uh, never ending changes. And, and you need to always be optimizing. So it’s kind of circular logic and all ships rise together at the same time. So if if you focus on one key element, you can see some improvements, but you’re going to have to come back to that key element later. So if you set your title on Amazon and then never change it for five years, that’s not good. If you set your price, but never move the price up or down and it’s static, that’s not good. You have to consistently come back and back again and rotate all of the copy, rotate all the keywords, rotate the PPC, rotate the imagery, and and for whatever reason, we find that Amazon rewards that dynamic approach. And it’s important to always be optimizing.

Lee Kantor: And when you say always is that daily? Weekly? Monthly?

Steven Pope: Yeah. It depends. It depends on which thing we’re talking. So something like search terms optimization somewhere between a month to three month rotations, something with with pricing. You know, if you’re exiting a high season you probably need to lower your prices prices shortly thereafter. So some things are timing dependent and goal dependent. Right. So if if we ask a brand like on a scale of 1 to 10, one being profit, the cost of growth ten being growth at the cost of profit, what’s your number. And they say I’m a ten. And I’ll be like cool, let’s lower your price. Spend $100,000 on ads and let’s go. Right. But if somebody said I’m a I’m a five, then a measured approach, okay, so we need to grow and be profitable at the same time. Very, very difficult to do that. Um, then we’re going to take a very different approach. So depending on the goal the outcome can be affected.

Lee Kantor: So um, who was your ideal client? I know that you say you have, um, hundreds of clients or hundreds of brands you represent. Is that is it the brand that’s spending $1,000 a month on ads, $1 million a month on ads, like, who is your. What’s your sweet spot?

Steven Pope: So the small mom and pop business owners are my favorite. If I had to tell the truth, uh, and it’s the people who are really good at sourcing but may not have a marketing background. So. So I’ll give you a couple examples. So I worked with a guy who made license plate, um, holders. And, and I also worked with a guy that did aftermarket Harley-Davidson motorcycle bars. And these guys were already, you know, doing somewhere between, you know, 20 and $100,000 a month. I would come in and blow them up in 90 days and double them because their product was good, but they didn’t have lifestyle imagery. They didn’t have the demographics showing up. They didn’t identify their customer avatar. They didn’t run ads at all. Uh, they didn’t have all of the, the the nice nifty a plus content enhanced brand content designs on the listing. And so when we come in and take somebody from a good product with no marketing to some marketing, the results are instantaneous. It. I obviously do want to go upstream and work with the enterprise brands. Um, but they’re a lot harder. It’s like way harder to go from good to great, which, by the way, from Good to Great is a great book in the business world.

Steven Pope: But it’s it’s more challenging. So that’s why I like to say, you know, working with the small mom and pop businesses, um, it’s more rewarding. They typically have never worked with an agency before. And so having a good experience with your first agency and setting them up right to begin with is pretty rare, uh, because there’s just so many people out there that that help with Amazon. There’s a ton of boutiques, uh, you know, one man bands and consultants and all that, but everybody specializes in something else. And, uh, and so you never know, you know, what you’re going to get. But but I just, I so fun to just see the, the look in somebody’s eye when you come in and double their business and, you know, their relationship dynamic is just so rewarding when you when you help somebody. I don’t say babies, but I do make livelihoods and and that’s and they have families. Right. And a job is temporary. You know, you might have 20 jobs in your lifetime, but families are forever. And if we can help somebody build their family business up, there’s just nothing better than that.

Lee Kantor: Now, when someone’s marketing their brand, is it best to just stay within the Amazon ecosystem or is it should you be, you know, running ads on Facebook or Instagram or TikTok or other platforms?

Steven Pope: There’s no wrong answer to that question. I’m going to be biased and say, stick to Amazon because I’m my Amazon guy. But what I would say is it’s just simply more cost effective to stay within the Amazon ecosystem. There’s less complexity. That’s where half the economy is. Uh, they’re like 80% of the households in the United States are prime members, which is an absurd stat. You can’t say the same about any other membership program in the States as it relates to e-commerce. And so you could put the same amount of effort into another platform like Walmart and get 1/100 result. If you could do the same thing with eBay or Etsy or Target or some other platform or Shopify. And so for for the best, bang for the buck, there’s no question Amazon is the place to be, no matter what size you are today.

Lee Kantor: So somebody again wants to learn more. Um, you know, check out your videos, uh, hire you. What’s the website again?

Steven Pope: My Amazon guide.com. And we do have a lot of, you know, try before you buy content so you guys can check it out if you’re interested. Uh, we look forward to serving you.

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

Steven Pope: Thank you so much.

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

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Tagged With: My Amazon Guy, Steven Pope

Lauren Fernandez With Full Course, LLC

May 20, 2024 by Jacob Lapera

Atlanta Business Radio
Atlanta Business Radio
Lauren Fernandez With Full Course, LLC
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Lauren Fernandez is the CEO and Founder of Full Course, a restaurant development and investment firm which incubates and accelerates emerging fast casual restaurant brands.

Full Course guides restaurant owners through a process of optimization, strategic growth planning and development, and supports investment for rapid expansion.

Connect with Lauren on LinkedIn.

What You’ll Learn In This Episode

  • About Full Course
  • The challenges and benefits of starting in Atlanta
  • Advice to restaurant owners who dream of taking their brand national

Transcript-iconThis transcript is machine transcribed by Sonix.

 

TRANSCRIPT

Intro: Broadcasting live from the Business RadioX studios in Atlanta, Georgia, it’s time for Atlanta Business Radio. Brought to you by On pay. Atlanta’s new standard in payroll. 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, Onpay. Without them, we couldn’t be sharing these important stories. Today on Atlanta Business Radio, we have Lauren Fernandez with Full Course. Welcome.

Lauren Fernandez: Thank you so much for having me.

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

Lauren Fernandez: Full course is the restaurant industry first and only incubator, accelerator and investor in early stage, fast casual restaurant brands. We partner, usually with founders, to help their brands grow rapidly with non-dilutive growth capital, operational support, mentorship and development expertise.

Lee Kantor: Now I’ve seen an interview, quite a few people in the startup community, and there’s been incubators and accelerators and a variety of industries. Why do you think that the the food industry has been kind of slow to move in this space and allow you to be kind of an innovator?

Lauren Fernandez: You know, I, I think that’s a wonderful question. I indeed spent most of 2019 trying to answer that question myself. And from my own experience as a multi-unit franchisee and the chicken salad chick system, looking at that founder’s journey and seeing some of it, and also my own journey as a co-founder and, you know, growth accelerator within that brand, we saw a few things that just didn’t add up. You know, there’s a lot of capital that comes into the restaurant industry, but it tends to be kind of stuck at a lower to middle market private equity level, where deal values are north of, let’s say, 40 million. The next available capital to you, if you’re an independent restaurant owner is probably either self sourced, but you’re going to friends and family, you’re crowdfunding or an angel investor. So with glaringly obvious to me is where’s the venture capital? Right? You might be asking yourself the same question. The reason that venture capital is missing from this part of the industry, and although by extension, incubator and accelerator opportunities is simply put, you need operations and development expertise and a very hands on attitude as an investor to be able to invest at this stage. If you can pull that off, the returns are amazing. We see brands jump from about a one and a half to two, turn on EBITDA all the way up to ten. If we can bridge this gap successfully and get them to scale.

Lee Kantor: So when you said, okay, I’m going to be the solution to this problem, I see. I see there’s a lot of opportunity. How did you go about kind of identifying who would be that, you know, kind of these first guinea pig like, uh, investments to make.

Lauren Fernandez: With a lot of very careful thought and deliberation. So first, we defined who this solution needed to be for. 70% of all restaurants in the United States are a single unit location. They are overwhelmingly independent as opposed to chain. Indeed, the industry as a whole is independent to chain ratio is 2 to 1. And so when you’re thinking about those founders that you want to invest in, one of the things to understand is that of those 700,000 restaurants, first of all, not all of those founders want to grow. They’re very comfortable where they’re at. That’s fine. But what also happened in that segment is it’s remarkably an overwhelmingly where all of the diversity of faith is and flavors are in our country. So the restaurant that you go out to eat at that are a single unit, tend to be more culturally representative. They are more likely to be run by a woman, a minority, an immigrant, a veteran, any sort of underrepresented entrepreneur. Right. And so when I formed this company, it was with the purpose of approaching those founders and saying, can we come along with you and partner with you on this journey? And we knew we wanted to be in the fast casual segment as compared to the restaurant industry as a whole.

Lauren Fernandez: That segment is remarkably resilient when it comes to economic contraction. So when we see consumers changing their behavior patterns on what they’re consuming away from home, fast casual is fairly resilient. And as a segment in the restaurant industry, is slated to grow 11% a year over the next five years. Now, when we think about investment in this space, for us in particular, we’re really looking for founders who represent our values and who are able to really be seen as the next generation of leadership in this industry. And as such, the first two investments we made, I think, are really well representative of individuals that we feel will be the next generation in this industry and help take us forward. Um, you know, for me, I look at brands that are not just restaurants already, obviously, but we also invest in food brands that can become a restaurant. So our first two investments in both flippers and in nonstop represent those two styles of investments, I think, very well. And the new investments will be announcing later this year. I think we’ll also equally represent this point of view.

Lee Kantor: Now, is Atlanta kind of a really good place to start because there are so many franchise owners here and there are so many brands and there’s so much talent already inside kind of that ecosystem.

Lauren Fernandez: I love Atlanta for this company and we thought long and hard about it. I, um, have lived here for over 22 years. I’m very familiar with the industry, both on the food manufacturing and development side and also on the restaurant side. And what I will tell you is you are dead on. This is an enormously rich talent pool here in Atlanta. We have a bit of an uncredited and understated food scene, which is now getting a little bit of traction thanks to Michelin stars popping up here and there in our neighborhood. Um, but I think we we do look nationwide for investments. I do like Atlanta for its positioning, not only on the East Coast, where I think we have a lot of work to do and the type of investments that we make, but it’s also a very target rich environment, not just in talent but also in restaurant brands.

Lee Kantor: Now, how does an area in Atlanta like Buford Highway fit into this?

Lauren Fernandez: That’s my favorite place to go for lunch. Well, you know, it’s it’s it’s just such a wonderful example of what we all know to be true, which is the gem. Little restaurants are usually family owned and operated that are culturally representative, tend to shine out like stars. And if you are in the know in any market, whether it’s Atlanta, Birmingham, you know, Charlotte, Chattanooga, you know, that amazing dim sum place, you know, that amazing Filipino joint. And it’s what we’re here to do is to take those one off and really make them something that is approachable for Americans at scale. Because we live in larger cities, we get, I think, better representation of some of those cultural brands, and they should be available to Americans nationwide. Because guess what? That’s actually what Americans do want to eat, though it’s not just the right thing to do philosophically to level the playing field and give those founders investment support and growth opportunities. But it’s also just good business.

Lee Kantor: Now. I mean, I’m with you 100%, and I’m kind of shocked that this hasn’t been done before because I’m a bit of both. I’m a bit of a foodie, and some of the things that I do around town, um, you know, I’ll go to a place and I’ll be like, like, for example, a ban me place and, you know, Ban Me is a sandwich shop, right? Like in, in essence. And, um, but a lot of people aren’t familiar with the ban me and on Buford Highway you can get a ban me for like 4 or $5 and, uh, you know, that’s an affordable meal for pretty much anybody. And it’s lower than a lot of the chain. The hamburger sandwich places out there. And it’s just there’s kind of a lack of awareness as that, as even a choice.

Lauren Fernandez: And I would, I would say lack of awareness and accessibility. So one of the reasons that Americans in particular, as opposed to other countries, gravitate toward chain restaurants and look at it as a solution, is not just affordability, but it’s also accessibility. Right? There’s some serious density in the availability of those restaurants, and we can just point to chick fil A as a great example of that. But there are plenty of others right behind them. Certain types of restaurants which we would commonly call quick service or QSR restaurants, you know, their play is volume, right? And so the cost of the food is lower. But one of the things that happens when you migrate into the fast casual or limited service space is the food quality tends to go up and you can maintain decent price control. So you’re still capturing some of that quick service buyer and that customer, but you’re also just stapled really well into this, you know, clearly delineated space of premium food at a reasonable and affordable price. That value play that exists for fast casual is why one of the reasons why fast casual absolutely wins when consumers are clutching their wallets a little tighter. I would submit to you that a lot of the culturally representative brands in particular, have really great food control and cost, and so they actually are built for scale in ways most people haven’t even thought of, especially when you consider that some of the items on that menu might be able to benefit from manufacturing. Like maybe we could take the dough for the bon me and have it pre-mixed so that when it arrives at a restaurant, it’s much easier to actually make the dough fresh every day. So we look for a lot of efficiencies in these menus, not only in where the food is sourced from and making sure that it stays culturally representative, but also what can we do with our expertise to help streamline operations and make the business more efficient to maintain that value? Price point to the consumer.

Lee Kantor: Now, is our food trucks or these, um, restaurants that are in like storage containers? Is that part of, um, some of the innovation that you’re seeing as going forward, as a way to kind of have an easier, lower cost entry into a market?

Lauren Fernandez: Actually, you know what’s going on. The reason you’re probably seeing more food products and modular builds that may or may not be like, for example, in a shipping container, if there is a serious lack of available restaurant real estate right now, it is just a result of construction, um, shortages during the pandemic. And we’re seeing the effects of it. Right now. We are at one of the lowest recorded vacancy rates for available restaurant space in recorded history. It’s below 4%. So what’s happening is a lot of brands that are looking for an overall total occupancy cost of about 10% of their sales really cannot afford rents that are over 50, 60, $70 a square foot. So be that as it may, we’re having to innovate quite a bit around where we put brands and how we grow them. For us as investors, it’s one of the primary reasons we focus on what is called an omnichannel development strategy. So we, yes, are building company stores that we own and operate as restaurants. We are also franchising and helping our franchisees pick real estate, but we also develop products that can generate revenue for the company. We also do licensing deals into airports, stadiums, arenas, etc. so we have a number of places we can grow brands and their revenues when economically the real estate is a bit of an issue, which it very much is right now. Um, we do look at modular. We like our licensing deals as well that we can move forward on, because those are usually fixed real estate decisions that exist inside of a stadium, a hospital, a college or a university, for example. And, you know, I think you just got to get creative. We’ve looked at some spaces and said, can we split this in half and and lease it separately to two of our brands? You know, we’re we’re doing everything we can to make it happen up to and including actually making investments in real estate ourselves.

Lee Kantor: Now, when it comes to, um, you know, being part of this, if I’m a restaurateur and I have that kind of one off and I’m, I’m successful, how do I, um, kind of plug into your ecosystem and like, how how does that work from that standpoint? Or are you the one just choosing and you’re finding these gems and then approaching them?

Lauren Fernandez: We are very fortunate that most all of the founders that we work with came to us. We are very respectful of founders who are not interested in growth and what we have found over time. Doing this nearly five years now is that we are out in the community. We are aggressively supporting the segment of the independent restaurant owner through our nonprofit, the Full Course Foundation, where we provide a number of educational and mentorship opportunities at low or no cost to anyone in the restaurant industry. From whether you’re in the dish pit, you’re a manager, or you’re a multi-unit owner. And for us, that goodwill does get our name out there. It does make people aware that we are an educator. We are operational and development consulting support. Our team has over 250 years of experience collectively in every area of restaurant growth and operation. But yeah, we’re also a very fair and equitable investor in this space. So we like to be very open door to any founder who needs support. And if that means that investment is not right for you, we can still coach. We can still consult with you on your growth. We can part you pardon you or refer you out to other debt or equity sources. And we really just want to help elevate and be a good partner to founders who are looking to grow. Because I believe that when you are that young of a brand, it only takes one misstep to cause a pretty catastrophic failure to the business. And if we can help you avoid some of those potholes, the industry as a whole will better itself by looking more representative. And to me, that is not just about the brand, but the founders who created them.

Lee Kantor: So now, can you share any advice for that restaurant owner who, you know, maybe it wasn’t top of mind, but maybe they’re getting to an age where it’s like, I’d like an exit. Or maybe there are kind of, um, bigger mountains to climb here. Um, is there any advice you would give to that person that maybe is on the fence and is is kind of weighing the options?

Lauren Fernandez: I would suggest you immediately reach out to somebody who understands and had done multiple exits and having exited a successfully a deal myself in this space as an owner, I will tell you, we were incredibly prepared for the due diligence. We were prepared for the transaction. We were prepared for the transition. It took me about, I’d say, about a year to maybe 18 months to get there before we started shopping our deal. So the first thing I will say is prepare, prepare, prepare. You will shoot yourself in the foot if you go to the table and try to negotiate from a place of of dire need of urgency because something happened to you or to the business. And so there’s a lot to do, um, that will actually probably improve your business in the interim if you can get ready. And a lot of that is typically around finance, accounting and some operations documentation. It’s achievable. You can do it on your own. I actually teach this class pretty regularly through our foundation and it’s free. So one thing I would suggest is just preparation, right? It’s just worth every penny and second of your time to be prepared. The second thing I will say is there are a number of ways to successfully exit a business and understanding what all of those options are and their relative return structures to you as a founder are very important to understand. And I don’t think, and this is just my opinion, that many founders understand what the typical valuation is on a single unit location. The person who’s going to buy that is stepping into your shoes.

Lauren Fernandez: They’re going to become an owner operator just like you were. And there’s not necessarily as much value unlocked as many owners realize. And that’s sad to me, but it’s also one of the reasons you might want to consider some short term growth as a goal before you go to exit. Um, I think which leads me to point number three is, you know, if you’ve done your homework and you kind of know that it’s coming, you got to think about what the end game looks like and sort of build your strategy to get there. A lot of times as restaurant boards, we’re just drinking from a fire hose every single day, right? And just making it happen. And we don’t think about the long run. And we are pretty opposed to building any kind of restaurant growth that does not have the end game in mind. And indeed, that’s one of the first questions we ask founders when we sit down and we design their growth plans, we say, look, where do you want to be in five years? The transaction is done. You’ve got a big pack. What does it look like for you? And when we get those answers, it tells us an awful lot about what their personal goals are. And then we peel back the layers on that, knowing that helps us build better growth plans for them and for the brand. And I think not enough can be said about knowing what you want your end game to look like and what it’s going to take to get there.

Lee Kantor: Now. Is there any resources for that? Maybe executive chef that feels like, you know, I’m a cog in someone else’s machine, and I really want to go out there and do my own thing and, you know, and maybe I hadn’t thought about, um, you know, moving in the direction you’re describing with a building, a national brand, but maybe just they thought of doing their own thing, but, uh, you know, they didn’t even consider even the possibility of doing something as to the scale you’re describing.

Lauren Fernandez: Yeah. You know, it’s not for everyone. There’s a lot of skills that you need as a chef, and that is a defined skill set. And running a business is a completely separate skill set. But if it is something that is in your dreams and you want to achieve that, one of the things that we run through our foundation is a program called launch. It is a series of courses that are designed to take you from an idea a food truck, a pop up, a catering business, something that doesn’t have a physical brick and mortar location, and to help you work through that and develop all of the pieces that you need to get to a place where you can go get the right kind of funding, which may or may not be full course. It often is other sources, but we can assist with that. And the idea is to help you avoid a lot of common mistakes. We see for the people who are opening that first location, some easy examples of those potholes, if you will, would be the wrong the wrong real estate. It’s the it’s a great menu.

Lauren Fernandez: It’s a great idea. You’re not matching the product to the consumer and where they’re at. So that’s just one example to give you, but also helping them understand the business economics of how much money they’re going to need, what how fast they’re going to consume it, how to do things on a budget. And we’ve got this great course on how to run a grand opening on ten grand. And most, most restaurateurs would want like a $50,000 budget. Of course, you can’t do that as an entrepreneur, right, unless you’ve got unlimited funding. So one of the things we are trying very hard to do through our nonprofit is to flatten that learning curve for that first time restaurateur, because, man, that learning curve is steep. I can speak from experience and that’s where the mistakes are made, right? And if you are running on a very limited capital budget, making sure that you are less likely to make those mistakes, it’s very, very helpful for them. And we do offer that at least live once a year. We also have it available for asynchronous learning through our foundation.

Lee Kantor: So if somebody wants to learn more, connect with you or somebody on the team, you know, plug into some of these free resources or, you know, take their brand to a new level. What is the website? What is the best coordinates?

Lauren Fernandez: Yeah. Full course. Com there’s a link at the top to book a call. We’ll ask you a few questions about where you’re at in your journey, whether you are a vendor supplier. Excuse me, a an investor, a potential restaurateur of the future or a current restaurant owner operator, we’re able to ask a few questions and understand what your needs are, and it links you over to our calendar to book a call with our team directly. And what most people don’t understand is it’s our team that are talking to you live, so no one’s guaranteed you’re going to get an industry expert when you go and book that call, whether you like it or not. And we want to talk to you. This is what we do. So do reach out. We’re at full course. Com and on most forms of social media as a full course official.

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

Lauren Fernandez: Thank you so much for having me. I do appreciate the opportunity.

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

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Frank Lazaro With AE Marketer

May 20, 2024 by Jacob Lapera

Atlanta Business Radio
Atlanta Business Radio
Frank Lazaro With AE Marketer
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Frank Lazaro is a leader and innovator within the AEC industry. He uniquely blends his extensive experience with pioneering AI-driven marketing content creation and generation methodologies. With over two decades of experience in marketing, technology, and strategy, he has cultivated an impressive track record for creating and marketing revenue-generating products.

His innovative approach is rooted in his solid foundation of industry knowledge. He has held influential positions at global brands like Deloitte, AT&T, and First Data, accumulating valuable experience across various sectors and industries. This, combined with his MBA, unwavering dedication to technology, and transformative power of AI, has kept him at the forefront of the fast-paced, ever-evolving industry.

As an accomplished inventor, Frank holds an impressive portfolio of US patents for business processes and product design, earning him recognition as a true innovator. His natural talent for building highly effective teams and programs has consistently delivered remarkable results, solidifying his reputation as a results-driven global executive.

As an author, Frank has penned the “AEC Marketer’s Guide to Artificial Intelligence” and “Let Me Be Frank with You, showcasing his passion for sharing his expertise and connecting with readers. His books serve as a testament to his depth of understanding and his mission to shape the future of AEC through writings and initiatives that blend creativity with cutting-edge technology.

Frank Lazaro’s passion for technology, innovation, and creating growth-driving solutions is unparalleled, making him an invaluable asset to any organization. He continues to inspire and empower professionals within the industry by sharing his knowledge, insights, and strategic vision.

Connect with Frank on LinkedIn and follow him on Facebook.

What You’ll Learn In This Episode

  • How we get beyond the AI hype
  • How it’s changed marketer’s approach to creating content
  • Where the biggest impacts are today, especially for smaller businesses
  • Where AI is going

Transcript-iconThis transcript is machine transcribed by Sonix.

 

TRANSCRIPT

Intro: Broadcasting live from the Business RadioX studios in Atlanta, Georgia. It’s time for Atlanta Business Radio. Brought to you by On pay. Atlanta’s new standard in payroll. 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, Onpay. Without them, we couldn’t be sharing these important stories. Today on Atlanta Business Radio, we have Frank Lazaro with A.E. Marketer. Welcome.

Frank Lazaro: Hey, thanks for having me.

Lee Kantor: Well, I’m excited to learn what you’re up to. Tell us a little bit about a marketer. How you serving folks?

Frank Lazaro: Yeah, absolutely. So focused on, you know, running a marketing department for an AEC firm. So an architecture and engineering firm here in Atlanta. And it was a small firm. And I’ve always been kind of focused on technology and really focused on trying to figure out how to use technology. And so when I started really started coming out about two years ago, about a year and a half ago, I started leaning into that to kind of figure out how do I supplement and augment a small marketing team to kind of operate like a big marketing team, and it just kind of evolved into there’s got to be other businesses and other small marketing departments that could benefit from this. So I started leaning into figuring out how to help people and train people on how what I was doing personally, on how they could do it with their marketing.

Lee Kantor: So what kind of is the low hanging fruit when it comes to having a team start maybe experimenting or integrating AI into their workflow?

Frank Lazaro: Yeah. So it’s interesting. I think that most people think that I immediately jumps to like client deliverables or some kind of output or, you know, some kind of document or something that you’re going to give to a client. But a great place to start is to really kind of focus on, say, yourself or things that are kind of more, less risky, like social media. So when you think about creating a social calendar, you know, typically with a small marketing department, it’s always that, well, we’ll get to it, we’ll get to it. And then you find out you’re not getting into the cadence that you would want to when it comes to creating social content. So I would start with looking at basic writing. You know, anything that you’re doing from a content creation perspective, whether it’s social media, whether it’s working on presentations or you’re responding to proposals or you’re creating product sheets, AI is a great tool to kind of help augment and become your editor when it comes to creating that content.

Lee Kantor: So can we get kind of granular on this and talk about like, say, someone out there is listening and they’ve never done this before? What is kind of the like? What is the prompt you would use to start like a social, if you were going to use it for social purposes, social media purposes. And in terms of like, you can’t just say, I’m an architect, write me a social post. Like you have to be very kind of specific in your terminology, or else you’re not going to get any outcome you’re happy with.

Frank Lazaro: Yeah, absolutely. So when it comes to AI, particularly the generative AI, words matter. So how you phrase it and how you ask questions really kind of dictates the kind of content you’re going to get on the back end. And I think one of the things that people struggle with is that they, they, they ask questions that are very shallow or very open ended, and you end up getting a response that’s not very good or it’s very generic or very off topic. Right. So it’s one of those things to where it’s how you ask it. So typically. I think of this as.

Lee Kantor: Show me, just share like a bad example and a better example.

Frank Lazaro: Yeah, absolutely. I think, um, I think one of those things, when you think a good example, a bad example would be, is write me a social media post for my company, and you can put in your company information, um, or my industry or something like that, and not a lot of detail when I think about writing a good prompt is I always start off with a persona like, hey, you are, I am. You are an expert social media creator. I am a product manager. I am writing or wanting to write content for my social media calendar and it needs to be on this topic, this industry. These are my clients. Um, this is who I’m targeting. Um, this is all the details about my product. And so you think about that layered, um, you know, typically when I’m asking it and writing content, you know, my prompts are usually, you know, a paragraph or so long, they’re not one sentence. It’s not it’s not as simple as you think it would be. It’s very much all the detail that you can provide around the product, the services, what you do, who you’re targeting, what you want the AI to act like is really going to dictate how well the content gets created.

Lee Kantor: Now, I think that that information is probably news to a lot of novices that are playing with AI, because the way that AI to me is being, um, at least talked about, it’s oh, it’s just like a person, you just add it’s your assistant, you just ask it and and you have to be super granular and specific if you want an output that’s anywhere useful for you specifically. Otherwise it’s like you said, it’s too general and it’s kind of meaningless.

Frank Lazaro: Right? So the way I the way I like to frame it up, or the analogy I like to use, is think of this as you had an intern that was starting next week, summer intern, and you went up to that intern and said, I need you to go write some social media posts and then walked away from the intern. What kind of social media post do you think that you would get? Not very good ones or things that were very off topic or not on brand or something, but if you went back to that same intern and said, hey, I need you to write some social media posts, here’s our social media calendar, here’s our content and topics. Here’s everything that we’ve ever done on social media. Here’s our brand guidelines. Here’s our brand voice. This is what I want you to write on. You gave all those details. What kind of output do you think that you would get from that intern? Probably something that was a lot better. So when I think about I, I think of it as I’m speaking with a human being and it’s a human being that’s very, very smart but not knowledgeable enough about you. So you have to give it all that context and information for it to be, to utilize those, those smarts. So I treat it like an intern. I treat it as if it’s a human being, and I and I give it instructions as if I’m explaining it to somebody that doesn’t know what they’re doing, but they’re super smart and can figure it out.

Lee Kantor: Now, when you’re doing that, are you can you send it to the website or go to look up information about my company so that they have some more context, more than what you’re saying in the prompt?

Frank Lazaro: Yeah, there’s a couple ways to do that. And honestly, it really depends on which tool you’re using. So I’m going to use ChatGPT. That’s kind of like the the big elephant in the room that everyone knows about. If you’re on the free version, you’re basically going to have to cut and paste in information about it. So if you have a company profile, a product sheet or something, you can kind of cut and paste it into it and say, use this information to generate the content you’re going to create. If you’re using the paid version of that, you can actually just use the attachment feature and add those attachments to it. So there’s a couple ways that you do that. And that’s typically what you call like training the AI or prompt priming, meaning that I’m giving it all this additional context before it actually starts to create content. So therefore it’s going to give me a better response. So if I went in there and I gave it a company profile, I gave it all my product sheets, I gave it, um, my my ideal customer profiles, I gave it my branding guides, and I gave it all this information and also gave it some previously written content. This is all my social media that I posted in the last month. It’s going to use all of that information then to generate a better response for you. So then it’s actually more on brand and it’s more on your brand voice. And so it does that. But if you just generically ask it, it’s just going to make it generic. It’s going to sound like it’s any company that that’s doing the same thing that you’re doing.

Lee Kantor: Now. Do you have to input all that data every time you use it or does it remember. Oh, this is Frank from last time. I don’t have to get all of his info anymore. I already know it. Yeah.

Frank Lazaro: So again, it goes back to what, depending on which version you’re using, if you’re if you’re on the paid version, you have the option to kind of save that stuff. And you can create what they call a my GPT, which is something that you can basically just continue to repeat it without actually having to retrain it. If you’re on the free version, it’s something that you have to do each time. So there’s there’s pros and. Cons to when you pay for it and you don’t pay for it. In this particular instance, if you’re wanting to do that, paying for it, the $20 a month or whatever it is, it’s very beneficial. I’ll give you a great example. So everything that I’ve ever written, both my books, all my social media, all the articles, everything that I’ve ever written, I’ve actually have it stored in a, in a, in a ChatGPT my GPT, and I use that to create my own social media. So it knows my writing style. It knows everything that I’ve written before. It’s seen, it reads my books, it has my bio, it has everything. And so then when it goes to create the content for me, it’s actually sounds more like me than just some generic individual that’s doing the same exact thing.

Lee Kantor: So you, um, do you have the paid or the free? So you have the paid. The paid, correct. Yeah. And then, um, and the paid, it’s not like it’s like $1 million. Like it’s like $20 a month, right?

Frank Lazaro: $240 a.

Lee Kantor: Year. Right. So it’s it’s very affordable for pretty much any business person. So, um, and if you weren’t going to go that way, could you just put all your stuff in a file and then just attach that file each time?

Frank Lazaro: Yeah, absolutely. That’s, that’s, that is honestly one how I started doing it. Um, and wasn’t paying for it at first. But there’s other tools that are similar to, to my GPT um or the chat GPT so Claudii perplexity is another one. All of them allow you to do attachments without paying for it. So they do have free versions with attachments. So and they all operate the same exact way. So the way you prompt it and the way you ask it and the way you interact with it is exactly the same regardless of the tool that you’re using. But each tool has its own feature set. So my recommendation to most people is, is that use more than one. Some of them are free. Try them out. See which one works better for you. I find that ChatGPT works better for me versus Microsoft Copilot, so I tend to to lean into ChatGPT, but they all operate in the same way now.

Lee Kantor: And some of them I noticed, um, will tell you the places it went to get the information. And some places don’t do that. Yeah.

Frank Lazaro: Yes. So so the Microsoft Copilot will give you the references. So and it’s nice because they’ll give you the little. Subscript that you can click on, and it kind of shows you the exact source that it pulls it from. And that’s a and that’s a pretty a pretty neat feature, particularly if you’re wanting to kind of fact check what’s being put back. And I and I suspect that more AI tools are going to do that simply because there is this underlying mistrust that is this accurate or is it not accurate? Is I just making this up? I think it gives people confidence when they see that they can actually click on something and check the reference.

Lee Kantor: Now, um, when you’re working with your clients, are they coming to you from having never done this before or maybe tried it and didn’t see any use, and then they needed some expertise help in this? Like where is the client in kind of the the lifeline of this technology?

Frank Lazaro: Yeah, I mean, that’s a great question. I think majority of the people that I talk to and I interact with, they’re all aware of what AI is. They’re all aware of that. They know that they need to figure out how or why they need to incorporate it into their, their businesses in some form or fashion. The vast majority of them don’t know where to start. They don’t. They don’t know what tool to pick and they don’t need they don’t have the training. And so typically where I’m coming in to help somebody, it’s it’s helping them identify the appropriate tool for their firm and then training them in their staff on how to actually get the results that they want. So a great example is I’m working with an environmental firm here in Atlanta, and they’re I’m helping them and training them on how to use ChatGPT to do a proposal response, take existing content, rewrite it, answer a question. And it’s basically helping them streamline their process. They’re spending less hours, um, responding to proposals, um, than they are going forward. That could easily be replaced with a firm that’s wanting to understand how to do that for social media content or product sheets or website content, or figuring out how to do SEO or SEM. It’s just it’s it’s all kind of operates in the same manner. And the training is very similar. It’s just how you ask the questions is kind of what we train on.

Lee Kantor: Now, are you also helping them kind of use, um, the technology as an engine for a product like a some sort of a calculator or some sort of a service that they can then offer their customers by inputting the right questions into the, you know, into the technology. So it spits out something that is using their expertise and their, you know, maybe proprietary knowledge.

Frank Lazaro: Mhm. Yeah. Not too much of that right now. Right now it’s all kind of around the, the content generation. Um, I have been talking to some folks and we’ve had discussions around doing more of the analysis part to where you could take a document and do analysis for somebody. But if you are an agency, um, learning how to do this and being very proficient at it is going to make you a better partner for your your clients and potential clients. Um, because in some instances, you know, there are companies that don’t want kind of have to figure that out and they’re just want to continue to outsource that. So if you’re looking at how do I expand services as a consulting or an agency partner, um, learning AI could be a very effective way to offer a service to your clients to be able to do those things. Yes. I can analyze your proposals or your RFPs for you. Um, and so there are ways for ways to do that now. Um, interestingly enough, the way you kind of framed up that question, it is like, you know, as a firm. Yeah. Could I, could I utilize this to, um. Create client deliverables or create a service for my clients. And then the question is absolutely yes.

Lee Kantor: But it kind of opens up the doors to more possible revenue streams for a client, but it also requires them to kind of lean in even further in this technology that they’re not all that familiar with right now. Oh, absolutely.

Frank Lazaro: And I think one of the things that we, you know, I try to emphasize to pretty much every time I speak or every time I’m presenting, I always try to emphasize the fact that it’s going to be everywhere and in everything. It’s that’s just the way AI is trending. And you think about that from a Microsoft perspective. If you’re on Windows 11, it’s already in the operating system. It’s already built into the Microsoft Edge browser. It’s available online. If you do the paid version of the Microsoft Copilot, it’s in word and PowerPoint, in Excel and Outlook and Teams. So it’s going to be everywhere. So the question is, is that you can’t put your head in the sand and think that it’s not going to impact you in some form or fashion. The question is, is then you have to think about what do I really want to accomplish with this? With the goals? Is it client deliverables? Is it to generate content? Is it to be more efficient? And then you need to figure out whether or not I’m insourcing this or outsourcing this. And I think there’s going to be a hybrid of that. I think you have to educate and train and create I policies for your company so that you know how and why you want to use AI. And then he’s going to figure out whether or not I’m partnering with somebody or I’m going to I’m going to build this competency in-house.

Lee Kantor: So where are we at in the AI kind of life cycle? Is it are we in the first quarter? Are we in the two minute warning like where are we at now?

Frank Lazaro: We’re at the we’re at the kickoff of the of the game. So we are so the way I way I frame this up to people is like 85 to 95% of what you hear about AI doesn’t really exist. A lot of it is it’s all conceptual. Yes. It can do all these fabulous things. In reality is like the what you what I can really do for most firms today is around the generative AI or create content, which is really just a small fraction of what the potential is for this technology. So what you’re going to find is, is but again, you know, it has been moving so fast and things are moving so quickly that. Within a year, we’re going to be in a much different place than we were a year ago. I was telling someone this the other day that I just started presenting on AI in March of last year, so I’m not even 13 months into talking about this. And the technology has evolved so rapidly and so aggressively that things just they just change daily. And so the way I see this is that we’re we’re just starting the race and it’s going to be a fun race. And there’s a lot of fun things that are coming. And you see you can see the potential of all these great things. But the reality is, is of what you can do with it today is basically minimal around content creation.

Lee Kantor: Right. It feels to me like. And it’s weird because there’s so much fear and apprehension because it’s new and it’s just, um, and it’s improving so dramatically. Like you mentioned, that that combination of new disruptive and then this kind of just it’s kind of amazing how quickly it’s learning and, and the things that it can do from, you know, one month to the next. It’s insane from a consumer standpoint. But but when I was a kid, I remember when calculators were a thing, people were like, you can’t have calculators. How can a kid have a calculator like that? Would be crazy to give them access to that. Like, it feels like we’re at this kind of stage, that this is going to be transformative, and people’s first move is kind of fear and that, you know, how is it all the the bad things that are going to happen and how kids aren’t going to have to learn things because this tool exists. But to me, this is just an evolution of technology. It’s just happening faster.

Frank Lazaro: Oh, absolutely. And so, you know, I have I have two college aged boys. And, you know, my one son is, you know, taking statistics. He’s he’s not very math inclined. And he struggles with some of the concepts. And I told him, I said, well, this use ChatGPT that kind of help you understand the concepts. So the thing is around the fear piece for me when it comes to that, it’s it’s not it’s not replacing that knowledge to him. He’s using it as basically a virtual tutor, being able to ask it questions. I don’t understand this concept, right. I don’t I don’t understand our value or whatever, whatever the statistical thing that he’s struggling with. And instead of having to go find a human being as a tutor and go somewhere and sit in a library and have someone try to explain it to him, he’s using it as a virtual tutor. So I think the fear is unfounded that like go back to your the example of the calculator. It’s it’s not going to replace your math skills if you use it in the, in the more appropriate kind of way. Yes. Will people use it to, to write papers to not do the work? Absolutely.

Frank Lazaro: But those, those individuals I think are going to be smaller compared to the people that would embrace it, say, listen, it’s not replacing that knowledge. It’s helping me kind of understand it. And you can translate that to the business world. If you’re in a smaller marketing department and you can’t have enough staff to do to hire a digital marketer, but you don’t have the competency as a digital marketer, you could use the AI to help you learn about those concepts faster. You can go in and say, I’m trying to run a paid search campaign. I’m not very knowledgeable about this. Help me do keyword research, and the AI can do that, could do that today. It can help you call the actions and all the things that you wouldn’t understand around the digital marketing aspect. It can help you upskill yourself in terms of not replacing the digital marketer, but making you a digital marketer by giving you the knowledge, the education and the tools to be able to do that so that you understand the concepts better.

Lee Kantor: Now, you mentioned a lot of your works in AEC. Is is the architecture, engineering and construction industry, um, kind of leading in this area or are they laggards? Where are they in in terms of their adoption to AI?

Frank Lazaro: Yeah. So part of it is they tend to be laggards when it comes to the adoption of, of of technology as a whole. Um, the reason the AEC, the AEC space is, is really primed for this is that they tend to produce a lot of reports and documents. So you think about an environmental firm, everything is a report because they’re producing those kinds of reports. The AI right now for them is something that that they can really capitalize on. The other industry that I focus on is the financial services space. When you think about financial advisor, you think about creating financial wellness content. You you they’re they’re responding to proposals. They act very similarly to the AEC space. Um, so any, any, any industry that is doing that, responding to proposals, creating content, um, product sheets, whether I look at it as professional service firms. So it could be an accounting firm, a law firm, um, an it MSP, it could be an AEC firm. All of them are all operating in the same manner at a fundamental level, and AI is really ripe for those industries.

Lee Kantor: So what’s the pain that your prospective client is having right now that a marketer is the solution?

Frank Lazaro: Yeah. So the pain is really around when they think about creating their content. They’re spending a lot of hours doing that. And so from their perspective you think of professional services firm, which is basically what an A or an AEC firm would be or any the the professional service firms is that if you’re not working on billable work, that’s just overhead. So how do I reduce that? How do I make myself more billable? Well, you use AI to free your time up on all of the things that you need to do that are not billable. So creating social media posts is not billable. Responding to a proposal is not billable. Um, creating content is not billable. But if I could reduce that by ten. 1,520% of my time, I can get back to billable work, which is actually my my, my revenue generations.

Lee Kantor: So if somebody wants to learn more, have a more substantive conversation with you or somebody on your team, what’s the coordinates?

Frank Lazaro: Yeah, absolutely. You can go to Frank le ROI. Um, and you can see everything on my website, or you can do a quick search on LinkedIn, and I’m available there as well.

Lee Kantor: And that’s Frank Ella’s ROI. Correct. Well, Frank, thank you so much for sharing your story today. You’re doing such important work and we appreciate you.

Frank Lazaro: Oh, well, thank you for having me on.

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

About Our Sponsor

OnPay’sOnPay-Dots payroll services and HR software give you more time to focus on what’s most important. Rated “Excellent” by PC Magazine, we make it easy to pay employees fast, we automate all payroll taxes, and we even keep all your HR and benefits organized and compliant.

Our award-winning customer service includes an accuracy guarantee, deep integrations with popular accounting software, and we’ll even enter all your employee information for you — whether you have five employees or 500. Take a closer look to see all the ways we can save you time and money in the back office.

Follow OnPay on LinkedIn, Facebook, and Twitter

Tagged With: AE Marketer, Frank Lazaro

Rohit Panedka With Microsoft

May 17, 2024 by Jacob Lapera

Atlanta Business Radio
Atlanta Business Radio
Rohit Panedka With Microsoft
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Rohit Panedka is Microsoft General Manager, E+D Product and Atlanta Site Lead. He is responsible for M365 and Experiences and Devices Support, Care, Innovation and value generation for our customers through Care and Support.

His organization looks to understand customer needs with empathy and consistently experimenting on improving outcomes and experiences for our customers and aspire to scale those experiences to all our customers so we can live us purpose of impacting every individual and organization on the planet.

His professional career spans ~20 years in technology focused on delivering managed services, supply chain, and customer service/support/care, go to market, delivery and transformation.

He enjoys giving back and paying it forward and always open to engaging and learning from others. He serves as the Executive Sponsor for Asians at Microsoft Atlanta to advise and provide resources for the organization and leadership team.

He enjoys being of service to others as a mentor, support to HBCUs, donating time to charities such as Ronald McDonald House, Emerging 100 of Atlanta, Boys and Girls Club, The Urban League and MANNRS here in Georgia.

Connect with Rohit on LinkedIn.

What You’ll Learn In This Episode

  • About Microsoft’s work here in Atlanta
  • Microsoft and LinkedIn Work Trend Index

Transcript-iconThis transcript is machine transcribed by Sonix.

 

TRANSCRIPT

Intro: Broadcasting live from the Business RadioX studios in Atlanta, Georgia. It’s time for Atlanta Business Radio. Brought to you by On pay. Atlanta’s new standard in payroll. 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, Onpay. Without them, we couldn’t be sharing these important stories. Today on Atlanta Business Radio we have Rohit Panedka with Microsoft. Welcome.

Rohit Panedka: Thank you Lee. Great to be here.

Lee Kantor: I am so excited to dig into this new report, the Work Trend Index that, uh, the folks at Microsoft and LinkedIn have put together. But before we get into that, can you just tell us a little bit about your work or Microsoft’s work here in Atlanta?

Rohit Panedka: Certainly. So I am the site leader here for Microsoft Atlanta, and I represent a great legacy of engineers that are building our M365 products, Azure products, all the ones that you’re probably familiar with, our listeners are familiar with. We also have a good presence of our sales and customer solution architects that engage with customers closely to help them adopt our technology and get the business transformation benefits that they’re looking for. User experience, you know, transformation. Yeah, that’s the that’s our presence here in Atlanta. We do pretty much everything that happens in our headquarters in Redmond, here in Atlanta for our customers, close in near to us in this region.

Lee Kantor: So what kind of Microsoft resources are available for the small to mid-size business owner? How do you interact with that community?

Rohit Panedka: So we have several ways. I mean, first and foremost, we have, uh, you know, many resources online and in digital methods for them to reach out to us. We also have support systems where they can reach out to get, you know, help with adoption or even when they’re stuck with a problem, you know, there’s free support where they can call A18 hundred number and get support. We also serve them through chat modalities. We have very specific programs around helping them first, you know, understand their jobs to be done, what we call what are they trying to achieve for their business and then help them adopt our technology to help resolve those jobs to be done. And then we have some persistent relationships with them to make sure that they’re continuing to get the best value out of our products, their subscription, and then also, you know, continue to look at as their business is growing and transforming, how our products can further help them. So we have very many ways that SMBs leverages to grow their business.

Lee Kantor: Now, part of that is this Microsoft and LinkedIn Work Trend Index. Can you speak of that? Any insight that you gleaned from that?

Rohit Panedka: Yeah. You know a little bit about the work trend index itself. Uh, we started this report out, uh, back during the pandemic, you know, where work took a pretty huge turn towards virtual. And, you know, businesses and users alike had to adopt a lot of digital mechanisms to get work done. And we started publishing that report every year. And in 2024, uh, you know, we met with 30, 31,000 users and 31 different countries. We spoke to, you know, our, uh, the S 500, uh, what we call the fortune 500 companies. Uh, and we studied trillions of telemetry data from productivity software that our, you know, users and businesses use. And, uh, you know, we we found a really interesting, uh, shift in work, which is, uh, more and more users are bringing, uh, AI to work and using AI to help them with their work. Uh, Atlanta in general is largely leading, uh, that, uh, you know, trend almost four out of every knowledge worker based in Atlanta is using generative AI at work. Um, and, uh, about three out of four of those users are bringing their own AI to work, and they’re not waiting for, uh, their businesses and business leaders to catch up. Uh, they have found the value in AI, uh, to, to do better work and free up time. And, uh, they’re taking full advantage of it.

Lee Kantor: Now, how are you defining AI in terms of use? Because, I mean, people were using AI years ago when they were asking their Alexa, you know, what’s the weather today?

Rohit Panedka: Yeah, that’s actually a great question. Um, you know, when we think about the current models, they’re actually based on large language models, which, uh, you know, have the ability to, uh, give more contextual responses rather than general, you know, uh, very high level responses to the point, uh, as an example, uh, I use, uh, generative AI to help me with my work, uh, particularly when I start the day, I basically come to copilot, Microsoft copilot and say, you know, help me identify all the important meetings of the day and tell me, what are the, uh, you know, critical pieces of information I would need for that? Those meetings, uh, what are the, you know, decisions that are waiting, uh, for me to be to make, uh, even during meetings? Uh, I, you know, ask questions like, what’s a really good question to ask based on this data? So these kinds of very contextual information based, uh, you know, uh, work support was not available in the previous versions of AI. Um, this is a very powerful, uh, you know, mechanism to help users really, you know, bring AI as an assistant to the work that they do. Right? That’s a huge shift. And as you know, many of us are not used to having assistants at work. This is really democratizing, uh, you know, uh, work assistants to, to pretty much all the knowledge workers.

Lee Kantor: So if you were an entrepreneur or even an aspiring entrepreneur, how would you kind of leverage AI today? Like what would you how would you kind of incorporate like, um, you know, maybe share some use cases or some, you know, actionable activities you would do, uh, to leverage AI throughout your entrepreneurial workday?

Rohit Panedka: That is a great question. You know, one thing that we are finding as entrepreneurs and business owners and business leaders are opting, I is, uh, you know, they’re pausing to think about what is their AI strategy. And what we’re finding is a better way to think about AI is think about your business strategy. You know, your core business strategy still remains the same. Your core mission of, uh, you know, what you want to serve your customers with or what products you want to go to market with, uh, and apply AI to make, uh, you know, speed up that strategy and transform that, uh, business. You know, good examples of those could be when serving customers in the customer service, uh, you know, engagements, leveraging AI. You know, large language models can help identify customers issues quickly, helping the customer service agents with knowledge at hand, uh, being proactive about the questions they can ask, making the whole customer service interaction a lot more, uh, you know, easy and pleasurable for customers, but also for the, uh, agents that serve them. Uh, so that’s a workflow that’s, you know, really up for disruption.

Rohit Panedka: And many of our customers are starting to leverage, uh, in that space. Uh, we also have, uh, you know, creative development. Uh, we have Estee Lauder as a, you know, customer that actually is using, um, generative AI for their product development and reimagining, uh, customer experience locally in Atlanta, we have, uh, Coca-Cola, uh, that has, uh, really looked at all stacks of their business, you know, back office work, uh, data analysis and data crunching, but also in some of the front office, uh, you know, customer serving, uh, situations. So I think we should think about, you know, if I were an entrepreneur, I would think of, uh, every area of my business, you know, how do I serve my customers better and faster? How do I make my employee experience better? Because with this assistance, they can be faster. They can, you know, uh, get rid of some of their menial tasks and focus on more of the meaningful aspects of their jobs, like being strategic and creative and happy employees equals happy customers equals great business.

Lee Kantor: But, um, as you mentioned, you’re making it seem like it’s pretty easy to integrate into your workflow. It just ask it questions, use it as an assistant. But isn’t it true that in order to really wring out as much value as possible, you have to be pretty good at asking those questions and those prompts? Because you can’t just ask, how do I make my, you know, um, employees happier? You have to ask a very a more specific question in order to get an answer that’s more fruitful.

Rohit Panedka: Yeah, you’re spot only. And, uh, you know, this is where we are starting to also see the emergence of what we call super users, right? These are not necessarily, uh, born. Right? I mean, these are workers like you and me that are starting to leverage AI more. And it is a constant, uh, you know, learning and trialing and erroring, uh, kind of approach. So these what we’ve seen with these power users is they experiment every day. Uh, they’re consistent users of AI. Uh, they use it every day. Uh, they ask, uh, you know, these prompts, we also see behaviors of them sharing their prompting behaviors with other coworkers that are doing similar work, uh, learning from them. Uh, they also, uh, give feedback. So, you know, all of the copilot, uh, you know, uh, surfaces of ours have ability for you to give feedback of when a prompt didn’t work. That gives us insights to make sure that the product is consistently evolving and getting better at answering users questions. The other thing I would say from a business leader perspective, leaders leadership perspective is encourage this use and experimentation.

Rohit Panedka: Um, you know, we have seen that organizations that have these, you know, propensity for super users and being much of the workforce is when they hear from CEOs, when they hear from the leadership, the importance of AI, the importance of adopting it. And also, uh, you know, invest in some of these training. I’d also say one thing from a Microsoft perspective as well is when you open up and start using Copilot, for every prompt, you will see suggested prompts as well as, uh, as a, as a starting point. So even if you’re brand new, if you start typing a certain intent of yours, we give you suggestions on prompts, but also on the prompt box right next to it. We also have what we call Copilot lab, which is just a click away where you can start seeing based on the scenarios you want information on. We can guide you through that. And there’s pre-canned prompts. Now obviously, like I said earlier, as you start using this, make it very personal to your work and your situation. And the model learns with, you know, based on your own behavior.

Lee Kantor: So then as you’re kind of exploring an area, it’s remembering what you’ve previously asked. So it’s building on that rather than you starting from a blank page every time you’re using it.

Rohit Panedka: That is correct. It actually, uh, remembers the context of you as a user and, you know, bases it on your data, right? And not anybody else’s. So it’s very, uh, that’s also important from a, you know, data protection and privacy perspective. It’s all within your, uh, you know, usage and usage patterns and data.

Lee Kantor: So now how would an entrepreneur kind of leverage it in terms of inputting some of its own data into it? So it’s it’s building knowledge based on the universe that exists in that organization.

Rohit Panedka: Yeah. So, you know, this is where we definitely encourage, you know, uh, working with Microsoft, you know, whether it’s your account, uh, relationship managers or customer success managers and, you know, have a strategy and an enterprise strategy, right? We we definitely recommend that, you know, we think through your business ideas. We have copilot, copilot scenario libraries that are very available and easy to use. Uh, so think through how and what data that you want to, you know, expose for these kinds of, uh, you know, business use cases and worker use cases and, and, uh, you know, put some boundaries around that. It all starts with how can you, you know, be relevant with your data, but also secure with the data in the way it’s used. And then, you know, obviously copilot does its job. Um, but I would say start with that.

Lee Kantor: Now, for the folks out there that are apprehensive about AI, there’s a lot of fear in the unknown, and especially when a new disruption comes into play, there’s a lot of catastrophizing of what’s going to happen in worst case scenarios. What would you say to the folks that are nervous about the future with an AI assistant as part of the team?

Rohit Panedka: You know, um, that’s that’s I mean, that’s a very fair concern, especially when a technology is new. Uh, we we are open to those kinds of, uh, you know, skepticism and, and, uh, but, you know, we continue to learn and we obviously steep ourselves in data, and data is very clear. Um, you know, workers are still reeling with, uh, you know, mounting amounts of work, uh, pace and volume is consistently mounting, which is why we are seeing four out of every five users in Atlanta using generative AI. We are seeing, uh, you know, three out of every four worker bringing their own AI. Now, this is a business opportunity for business leaders. You know, uh, get on with the plan, right? You know, make sure that we are creating a, uh, work environment and enabling our employees with those tools to take advantage of it. The third piece, I would say is, uh, you know, from a data perspective, while, you know, there is this fear that, hey, you know, jobs could be taken away by AI, that is not entirely true in the sense when we look at the data, when we look at the LinkedIn data, you know, almost half of the job seekers today are looking for a career change. And over two thirds of the managers that are looking for hiring individuals are looking for people with, uh, you know, AI skills. They’re even saying that they would hire somebody with AI skills more than experience. So I think that suggests that the future is going to be different, in the sense that there will always going to be demand for, uh, you know, people, uh, with, with skills. And in this case, the skills are going to be, uh, with, with AI skills.

Lee Kantor: Now, are you where are we kind of in this in the growth of AI? Is this are we at the very beginning? Is this the first inning? Are we in the seventh inning stretch here? Where are we at?

Rohit Panedka: Uh, you know, for the for from from our perspective, we say, you know, we are the first the first inning was experimentation. Now we’re in the, you know, first to second innings, which is, you know, take these experiments and translate this into business strategy. And as, uh, more and more users and entrepreneurs and enterprises start leveraging AI for their use cases, then comes the rest of the innings, which is there’s a lot more use cases to solve for, you know, beyond knowledge workers. There are frontline workers, uh, there are different verticals in the industry that are probably more, uh, you know, uh, you know, sensitive to security and privacy and things like that. So I think it’s going to take time and to, to get to all of the possible business transformation and user experience transformation. So I think we’re, we’ve we’ve kind of gotten through the first innings of, hey, was this novelty. Let’s experiment. Now we know. No, it’s actually really helping work and transform work in businesses. And we have to now start, you know, really sticking to that journey and invest ourselves, uh, and commit ourselves to that journey because we’ll all learn, uh, the more enterprises, entrepreneurs and users use these products, the better they become, because those that feedback is what helps us make sure that our products are meeting, uh, you know, everybody’s needs.

Lee Kantor: So how does an enterprise level organization like Microsoft help the end user when you have a disruption like this that like you said, we’re maybe out of the beginning stages, but it’s it’s, um, so rapidly evolving and the speed every year it gets so much smarter and so much, uh, more beneficial to the end users. How do you help kind of guide or sherpa the, uh, consumer into not only embracing the technology, but really kind of wringing out the most value from it.

Rohit Panedka: Yeah. Uh, that’s a great question. And, you know, I think when we think about, uh, you know, our responsibility, that is key as well. Uh, you know, you might have heard of, uh, investments that we’re making in different markets in terms of, you know, learning and, and, uh, uh, training and skilling, uh, people with AI skills. We are also, um, you know, making available free courses on LinkedIn where, you know, there’s a ton of courses there if you go and look up for LinkedIn learning in LinkedIn learning, uh, for AI skills, there’s a lot of courses there for, uh, from, you know, from right from the beginning, where to start all the way up to scaling up. Uh, we also have to, you know, to your point of small business owners and, uh, even enterprises, uh, copilot scenario library, this is for folks that are in charge of making AI their strategy. And, uh, uh, you know, their business strategy. So we have those kinds of help. And as I said, you know, very large enterprises that have relationships with us, uh, we have customer solution architects and, uh, you know, uh, success managers and relationship managers that will engage and take our customers through that journey. Uh, we’re all in this together. And I say this again and again, which is while we do that, we are being very, uh, intentional about understanding how users are using it, how, uh, enterprises are using it, what are their guardrails? And we are making sure that our product is, you know, aligning to those so that we can be, uh, a one step ahead in terms of making sure as people are adopting more and more they have they get what they need.

Lee Kantor: So if somebody wants to learn more, uh, connect with you, somebody on the Microsoft team on how to best kind of leverage this is it through LinkedIn or is it through Microsoft? Is it through a combination? How what coordinates would you send somebody to, uh, learn more?

Rohit Panedka: Yeah. So, you know, I would definitely encourage folks to go to microsoft.com forward slash, uh, work trend index or work labs. Uh, we have a lot of resources there for anybody that wants to learn more about these technologies. But if you have specific needs, depending on whether you have a relationship with Microsoft, in the case of you having a relationship with Microsoft, definitely leverage your, you know, uh, account managers and uh, or like I mentioned, you know, our support channels that you can come through, uh, if you want to self-study, uh, you know, sources like LinkedIn, uh, you know, feel free to use any of those. And. Yeah, again, you know, if you have any, uh, you know, questions for us, just reach out to us on, you know, Microsoft.com and give us feedback, and we’ll reach out back to you.

Lee Kantor: While we’re ahead. Thank you so much for sharing your story today. You’re doing such important work and we appreciate you.

Rohit Panedka: Thank you, Lee, and thanks for the work you do for our Atlanta, uh, listeners.

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

About Our Sponsor

OnPay’sOnPay-Dots payroll services and HR software give you more time to focus on what’s most important. Rated “Excellent” by PC Magazine, we make it easy to pay employees fast, we automate all payroll taxes, and we even keep all your HR and benefits organized and compliant.

Our award-winning customer service includes an accuracy guarantee, deep integrations with popular accounting software, and we’ll even enter all your employee information for you — whether you have five employees or 500. Take a closer look to see all the ways we can save you time and money in the back office.

Follow OnPay on LinkedIn, Facebook, and Twitter

Tagged With: Microsoft, Rohit Panedka

Brian Biro With Brian Biro Enterprises

May 3, 2024 by Jacob Lapera

High Velocity Radio
High Velocity Radio
Brian Biro With Brian Biro Enterprises
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Brian Biro is America’s Breakthrough Speaker of Brian Biro Enterprises.

He has delivered nearly 1,900 presentations around the world over the last 34 years. The author of 16 books including his bestseller, Beyond Success, and his brand-new Lessons from the Legends, he was rated #1 from over 40 Speakers at 4 consecutive INC. Magazine International Conferences.

With degrees from Stanford University and UCLA, he has appeared on Good Morning America, and CNN.

He was recently honored as one of the top 10 interactive keynote speakers in North America, and one of the top 50 Motivational Speakers in the world!

Connect with Brian on LinkedIn and follow him on Facebook.

What You’ll Learn In This Episode

  • What is breakthrough leadership
  • Critical key to a richer life

Transcript-iconThis transcript is machine transcribed by Sonix.

 

TRANSCRIPT

Intro: [00:00:05] Broadcasting live from the Business RadioX studios in Atlanta, Georgia. It’s time for High Velocity Radio.

Lee Kantor: [00:00:15] Lee Kantor here, another episode of High Velocity Radio and this is going to be a good one. Today on the show we have Brian Biro. He is America’s breakthrough speaker with Brian Biro Enterprises. Welcome.

Brian Biro: [00:00:28] Hey. Thanks, Lee. It’s great to be with you.

Lee Kantor: [00:00:30] Well, I’m so excited to learn what you’re up to. Tell us about life as America’s breakthrough speaker. How you serving, folks?

Brian Biro: [00:00:38] Well, you know, I absolutely love what I do. That’s the starting place. I’ve been a professional speaker, speaking mainly to organizations, corporations, associations for 34 years. I can’t it seems like yesterday that I started and, you know, my whole my whole deal is about helping people break through, break through fears, obstacles, and organizations break through to a better performance or better culture, and that the keys to breakthroughs are repeatable, simple, powerful. And they apply not only in your work, but in your family and your health and your life. So I think the starting place is to love what you do. It’s not even like work. It’s really my passion.

Lee Kantor: [00:01:16] So now how do you move from, I would imagine, a career as a traditional business person for a period of time to a career as a speaker. How do you make that transition?

Brian Biro: [00:01:29] Well, you know, I’ve actually had three really neat careers and each was a kind of progression. My first career, I went to Stanford University a long time ago. We went much, many years, and I came out of school and knew that what I loved was what I had done to put myself through school, which was coaching swimming. I was a swimmer myself, and I loved it. And so it was really the foundation of of working with people. Had a great run as a US swimming coach, working with young athletes to rise to their potential. When I went into the corporate world after getting an MBA at UCLA, I was in a pretty large transportation company, moved up pretty fast, but our team was not a team at that time. We were really siloed as it so often in many organizations, you know, operations didn’t get along with sales. Sales didn’t get along with operations. They both hated the Home Office just a little bit more. And so I had risen quite rapidly, become vice president in charge of kind of our culture called performance planning. And I talked to my CEO. I talked him into letting me go out and start doing team building in my own company.

Brian Biro: [00:02:33] So that’s really using some of the principles I learned at the swimming coach, which people think swimming is an individual sport. It’s a team sport. We have no idea how much we impact each other. And so I started doing these programs. We were we had locations all around North America. I spoke at every one of them, and that really did the trick. And I said to my wife, at the peak of this, it led to a tremendous turnaround. Our company did extraordinarily well on the bottom line in terms of growth, but more importantly, we really started to work together. Tremendous internal support, people having fun, great service. And so I said to my wife, at the peak of that, hey, hon, we’re doing great. Let’s quit. I got to go do this. This is what I was meant on Earth to do. And so that was kind of the springboard, really, that that team building element, which really to build a team, each person has to take responsibility for their part to contribute to that team.

Lee Kantor: [00:03:27] So, um, now when you’re working with organizations, are you coming in to give a speech or are you coming in to, um, you know, kind of solve a problem that may require more than, you know, an hour, uh, talking?

Brian Biro: [00:03:42] Well, yeah. Yeah, it’s kind of both. Um, every organization is is kind of the same and different. We it’s all the same in that it’s all about people. I don’t care what business you’re in. You’re in the people business. But it’s different in terms of where they are in this particular moment in time, in terms of what are their biggest challenges. So though I am giving a talk, giving a presentation that could go either from one hour up to a full day, although these days mostly they’re shorter, they’re kind of a acceleration of of time in, within my business what used to take four hours you need to do in one. Um, but each organization is unique. So I’m, uh, the process starts with a kind of in-depth interview to find out what are your desired outcomes, what are your challenges right now? Um, what’s the state of mind of your team? Um, where are the places where you really feel that you need to break through? So it really is a combination. That’s a great question, because there is that, that massive effort to customize so that it’s not something that you’re just pulling off a shelf as a presentation. Um, and yet there are foundational elements that are so important to every breakthrough and every people organization. So it really combines both that customization and and the presentation. And today’s world. You’ve got to you’ve got to entertain, entertain as much as you educate. So it’s kind of, you know, entertain is what we need to do. Because if you can’t grab people’s engagement, you’re not going to grab their spirits, you’re not going to grab their minds, you’re not going to grab their hearts.

Lee Kantor: [00:05:18] So what are some symptoms that organizations are having that they might have a need for additional team building? Is there any things you see that are maybe. Happening that they’re not kind of elevating to a, hey, this this is a priority. We really have a team building issue here.

Brian Biro: [00:05:36] Yeah, I think that, you know, one of the things is what I encountered in my own organization where we have different functional groups, operations, sales, sales and marketing, and then we’ve got maybe the administrative parts and and they’re separated, they’re silos. There’s a lot of silos. That’s. And until we pull together, you know, it’s when you think about it logically, operations doesn’t want to do sales. Sales does not want to do operations. And yet we’re constantly kind of internally blaming each other. So breaking through those, you know, moving from silos to synergy is a is a common one. Uh, another one that I think is really accelerated since Covid is just a feeling of connection, a feeling of are we on the same track? Um, you know, there was a lot of people switched from coming into an office or coming into a location and having that, that connection that isn’t necessarily so much even conscious as, as subconscious where you’re just collecting and, you know, passing each other chat and feeling a sense of connection. And so I find at this in the last couple of years, one of the biggest things of just holding an event is getting people in the same room, in the same space, instead of only on their computers. Doing only virtual um really creates a springboard. It creates an acceleration to becoming more of a team. Um, and I think finally, it’s just the sense of that, you know, together we may be many, you know, separately we may be many, but together we can be much. We can do so much more when we bring in and start to understand that different. I don’t want a team of people who are exactly like me, because then we’re only going to see a little bit that we need to value and honor the different approaches, different talents, different focuses, and merge them together towards a common, common goal. That’s when we can actually, uh, create the most, the most exciting results.

Lee Kantor: [00:07:34] Now, do you believe that, um. That there’s a leader within everyone at just a matter of getting it out of them. Or do you feel that some people kind of just naturally gravitate to leadership positions and other people gravitate to kind of the, um, you know, kind of worker bee, do the grind type person?

Brian Biro: [00:07:58] You know, that is a wonderful question. The foundation of everything I teach is that everyone is a leader. Um, and we can’t hide from the fact how we show up every day. That’s a big part of the way that we lead. Um, we’re all constantly teaching. How do we deal with adversity, with challenge, with change, with prosperity. That’s another another expression of our personal leadership. But probably most important of all, what kind of impact do we have on the people around us? Do we elevate them by who we are, by the choices that we make? So I believe that we’re all leaders and that we all have the capacity. Um, it may not be necessarily in terms of a hierarchical form of leadership, but we are teaching and leading and in the way that we that way we respond, the way we deal with it, with everything in our lives. So, uh, a lot of what I teach, I call breakthrough leadership because, uh, every event I speak at Lee is an event that’s held to break through. Whether it’s a breakthrough, we want to increase our sales. We want to increase our our operational productivity. Uh, we want to increase our teamwork. It’s a breakthrough from where we’ve been to where we want to get to. And so really, that what I want to help people to understand is that breakthrough personal self leadership is about controlling your controllables. Um, and there’s three that are most foundational. One is to shape your future. So that’s about vision. And I want to help people understand that what you focus on is what you create. So focus on what you want to create instead of focusing on what you don’t want. How many of us spend more time worrying about what will go wrong than focusing on what we want to create to go right? So start with shaping your future.

Brian Biro: [00:09:36] Second right is to energize and engage yourself in your team. Um, when you talk about any organization, whether it’s a business, whether it’s a sports team, whether it’s entertainment, so much of what will separate and differentiate us is our level of energy. And I want to help people understand energy is a choice. It’s a choice about the way that you move. It’s a choice about how much you focus on purpose. Whenever you’re full of purpose, you’re full of energy. So helping people understand that a controllable is your energy. And you can you can elevate your energy through choice. And finally, the third controllable is to build people, build teams and build relationships. As I said, every business ultimately is a people business. It’s it’s how much you grow and help others grow that determines how far you can go. And so by focusing on working on those three controllables, shaping your future, energized and engaging yourself and really working to build relationship by being present, by really focusing on recognition, acknowledgment, appreciation, kindness, those kinds of things will generate breakthrough results. And that’s where breakthrough leadership really grabs a hold of each person. And man, if I can get each person I ever speak to to know that they’re a leader, I mean, if you’re a mother, if you’re a father, I hope you find yourself being a leader. If you’re a student, you have a choice about what you’re going to go grow and and the study and focus on. We’re all leaders, and we have the opportunity to be breakthrough leaders.

Lee Kantor: [00:11:08] Now with a lot of young people suffering from anxiety and, um, and maybe frustrated with where they are on the planet, maybe because they’re immersed in social media and seeing other people doing better than them. Is there anything that you would recommend that’s actionable that gets this person that maybe isn’t feeling like a leader today to become the leader that they could be?

Brian Biro: [00:11:33] Yes. Great question. I would start with their self-talk. Um, when you’re feeling that kind of anxiety, you are living from a perspective that says, I have to do this or I have to not do this, or else something terrible will happen. We’ve learned that when we were children, and it was important when we were kids to protect us. You know, you need to do this or else something bad will happen. And those two words or else are fear based. So when you first thing I would do with young people, it sounds like a silly little thing, but it can be transformational. Find out in you. Start to ask yourself how often in your self-talk or even out loud, you say, I have to do this because when you get down to it, you really only have to do one thing that’s die. Everything else is a matter of choice and shift that self-talk from I have to do this, which has within it those hidden words, or else something bad will happen. Shift it to I want to, I choose to, I like to, I can’t wait to. And what happens is you begin to recognize that you have that you ultimately have a chance to live life from a place of choice. That yes, every choice will have consequences. But when you come from that place of I choose to, I want to, I. I’ve decided to you start to to start to take charge of your life.

Brian Biro: [00:12:52] You start to take charge of your choices. And ultimately, that’s really where you have an opportunity to to be a self leader. Um, so that’s really a foundational key. And once you do that, you recognize you do have a choice. You know, when I shifted from being a swimming coach to going into business. I didn’t know what I was going to do, but I had really lived my life with the decision, I’m going to do the things I love and and as you do that, you start to become more alert for opportunities. I call it seizing the Wu, seizing the window of opportunity. So as you use that, that forward momentum choice of self-talk, I choose to, I want to I can’t wait to you’ll open your eyes to and become alert to all the resources that were already there, but you had previously missed because you were coming from a place of fear. Every breakthrough ultimately comes down to breaking through, from fear to love and faith. And that really is the message for young people, is that you do have choices, and you can choose to live your life in a forward motion. You live your life driving in the rear view mirror means you’re going where you don’t want to get to. You know, start focusing on where you’re going you want to get to.

Lee Kantor: [00:14:03] Now, you mentioned that in your career, there were you’ve kind of had three major transitions and that, um, at the time making those changes, I’m sure there was um, it wasn’t obvious, but maybe now looking back, the all these, uh, these dots are connected in a, in a logical manner. Um, is there anything you can share about when you are contemplating making a change or a shift, maybe some clues that you’re that this is the right move to make, that you should kind of lean into it rather than, um, maybe feel like any apprehension in pursuing this.

Brian Biro: [00:14:46] Yes. And I think it kind of relates to your previous question as well. Many of us are frozen and terrified because we have such a need for comparison and approval. And when you are driven by, uh, the need for approval, you’ll never get enough. And so, uh, my mentor, the man who wrote the foreword to my first book, the man, one of the two legends I write about in my newest book called lessons from the legends, was John Wooden, who was, uh, you probably know Lee. Uh, but a lot of young people don’t know who he was. Uh, John Wooden, unless they watched, uh, Ted Lasso. Then they know, uh, John Wooden was the greatest men’s college basketball coach of all time. And Coach Wooden was an even better person teacher than he was a coach. And he was the greatest there ever was. Ten national championships. And Coach Wooden taught that success is peace of mind, and it comes from knowing that you’ve given the best of what you’re capable. And in that definition, there is no comparison to other people. There’s only only a focus on am I doing the best of which I’m capable and and the only one who can know that is yourself. And so when you get right down to it, when you focus on the things you do control your effort, your energy, your attitude, you’re going to move.

Brian Biro: [00:16:03] You’re going to get the closest to creating the results you want. So when it comes to making that shift in your life where something is, when you start to get that bug that says, I really need to do this when I would. I have loved being a swimming coach, but in the last year or two that I was coaching, I knew that I wanted something more in my life, something different. I wanted to because I only knew myself as a coach. I wanted to know myself as a person. I had no family, no prospects for family. And I listened to that inner voice that was saying, you know what? It’s time for you. It’s time for you to break through. It’s time for you to go to the next, the next level. Same thing happened when I left the corporate world to go into doing what I’ve been doing for 34 years. I knew inside, after teaching those team building events that this is who I am. This is this is not only what I want to do, this is who I am. But when I went forward, I wasn’t doing it to compare myself to others. I was seeking to be my best and pursue my passion. Um, the biggest change in my life really came down to one word.

Brian Biro: [00:17:07] Uh, as a young person, I always was, was hunting and and striving and driving myself crazy to be the best. Because like a lot of people my age, I had a dad who was had a hard time ever saying, I’m proud of you. And I was starving for approval and I was no fun. And I put incredible pressure on myself because I felt like I. I had to beat you at everything. I had to be the best. I was totally driven by comparison. One day, in the lowest point of my life, I realized that I realized that I had lived my whole life chasing something that was out of my control, and instead I. I made the switch to becoming my best, which was only about looking in myself. Did I give my best effort? Did I seek to be the best that I could be? And it transformed my life? Um. I’ve lived my life ever since I was 21 years old, and since that time it has been just an incredible transformation so that each of those changes wasn’t because of comparison or worrying about what other people think. It was about following my passion and really pursuing that which my heart said was the right thing to pursue. We can all do that.

Lee Kantor: [00:18:15] Now, you mentioned your book lessons from the legend. This is, I believe, your 16th book. Is that correct?

Brian Biro: [00:18:23] That’s correct, that’s correct.

Lee Kantor: [00:18:25] Yes. Now how important. Obviously it’s it’s part of your repertoire is writing books. But, um, was this something early on you discovered that I’m going to get into a rhythm of writing books regularly as just part of, uh, me sharing the knowledge as I’m getting it. Like, like how did, uh, book writing become part of kind of the, the mix that you offer to people and, and to why did you include them?

Brian Biro: [00:18:50] Great question. Nobody’s ever asked me before. Thank you. Well, I always love to write. Uh, I love stories. To me, stories are are the essence and the heart of what really connects, uh, presentations and books. You know, we read books for the story. Um, and, um, I’ve always been a storyteller, and I’ve really researched studies, stories. Stories like this will blow you away. The stories are 2200 times more powerful than simply giving people information. In other words, when you want to deliver a lesson, do it through a story. And so I’ve always loved to write stories, um, and write about my real stories, the things that I’ve learned in my life. And so, uh, my book writing started with my, my favorite story that I’ve told in many, many events over these years. I’ve done 1900 events, was a story about one of the swimmers that I coached who had a, uh, incredible breakthrough, transformation, um, and that I wrote that story. And then it was a springboard to man, I want to I want to take these, these key concepts in the story and turn it into a whole book. And so, uh, that was my first one that was called Beyond Success. Uh, the foreword was written by John Wooden, um, the great coach. And I used his what he called Pyramid of Success, um, which was the structure that he taught life to his athletes. Um, as the, as the structure for the stories I wanted to tell. Um, that first book took me 18 months to write, and, uh, I worked at it every day. Um, and some days I would spend ten hours to write -22 words. I would actually make no forward progression. But, um, it taught me that writing a book is is just like building a house.

Brian Biro: [00:20:36] If you you just got to do it piece by piece, inch by inch, sometimes you’re going to have to pull out some nails because you nailed it and wrong. Put it back in. Each of the books that I’ve written since then has taken progressively less time, because I kind of have figured out how my how I work to write a book. Everyone’s different, and, um, I really write books when I have something that I really feel driven, uh, to bring to people. Uh, this last book, lessons from the legend I Wrote, because it’s a book about character that your characters, who you are, your reputation, only what others think you are. So I wrote this book about two of the greatest coaches and teachers and people of of my life, uh, John Wooden and Pat Summitt. Pat Summitt was the greatest, uh, was what to to women’s basketball, what John Wooden was to men’s basketball. But more than anything, they were people of extraordinary character. They were humble. They were, um, they gave credit and took responsibility. Um, they were always seeking to learn. They never felt. They knew it all. Knew it all. Um, they were driven by hard work, but also balanced work. They were family oriented. And so this book was written because I feel that in the last few years, we haven’t focused on character in the way we should, um, the last seven, eight years. And, and I want I wanted to help people get back to how important it is, um, to live with dignity and respect, to be humble, to give others credit. And because it’s amazing what’s accomplished when nobody cares who gets the credit.

Lee Kantor: [00:22:13] Now, do you feel that character is kind of in the eye of the beholder, or is there some universal kind of tenants of good character nowadays?

Brian Biro: [00:22:24] Oh, I really believe that there are some very foundational keys to character. Um, and, and they are exemplified by Coach Wooden and and Coach Summitt. Um, starting with the one that’s never talked about, in fact, which in some circles these days almost has a bad rep. And that is humility. Um, many people can confuse they think that if you’re humble, you’re not really confident that that and that in business, humility is somehow soft or weak. It could not be further from the truth. Uh, because being humble, you can be very humble and very confident, because being humble doesn’t mean you think less of yourself. It means you think of yourself less. But the reason why humility is so crucial to your character, to your personal leadership, if you think about it, only those who are humble are actually lifelong learners, because only those who are humble would rather make a mistake and learn from it than pretend they’re always right. Um, so I think that that, that, that being a person of character starts with that, that hunger to learn. Um, next it’s about we go, not ego. Um, when we shift from me to we, we, we bring out the best thing about human beings. What’s the best thing about people? That that will will do more for others than we’ll do for ourselves. The service is love and action. And so one of the things I love about John Wooden and about Pat Summitt, about this book is it gets us back to stop talking about how wonderful we are individually, instead, to really look for the best in others, because what you focus on is what you create. So I believe that that there is there are foundational keys doing the right thing when nobody’s around. Um, giving credit and taking responsibility. These are foundational keys character. Um, being being a person who is is eager to tell the truth, even when it’s difficult. Um, those kinds of things are very powerful and more important than they’ve ever been before. Um, and so, um, I think that, yes, character is universal in its foundation.

Lee Kantor: [00:24:35] Now, if somebody wants to learn more about what Trap Tube may be, book you, or just get a hold of one or all of your books, is there a website? Is there kind of a place to connect with you?

Brian Biro: [00:24:46] Absolutely. My website is just my name. It’s Brian biro.com and it’s Brian Biro. I would love to come and speak to your organization. It’s as I say, it’s what I was put on earth to do. Uh, I, you know, I joke about it when I’m. When I’m on stage. Lee, I’m 25 years old again. I get off stage. I’m still 69, but I truly feel 25 up there. My energy shines. And that’s really a universal key when you’re when you’re doing what you love to do and you’re doing what you’re put here to do, uh, your energy is just fluid, authentic, joyful and contagious.

Lee Kantor: [00:25:26] Well, Brian, thank you so much for sharing your story today. You’re doing such important work and we appreciate you.

Brian Biro: [00:25:32] I appreciate you. You do, you do the same. You really bring out the best in and help people through all your shows. It’s an honor to be with your show. Thank you so much.

Lee Kantor: [00:25:40] All right. This is Lee Kantor. We’ll see you all next time on High Velocity Radio.

Tagged With: Brian Biro, Brian Biro Enterprises

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