Business RadioX ®

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

Jason Cline and Sameera Luthur, SHRM-Atlanta and SOAHR 2023

February 28, 2023 by John Ray

Jason Cline and Sameera Luthur, SHRM-Atlanta and SOAHR 2023
North Fulton Business Radio
Jason Cline and Sameera Luthur, SHRM-Atlanta and SOAHR 2023
Loading
00:00 /
RSS Feed
Share
Link
Embed

Download file

Jason Cline and Sameera Luthur, SHRM-Atlanta and SOAHR 2023

Jason Cline and Sameera Luthur, SHRM-Atlanta and SOAHR 2023 (North Fulton Business Radio, Episode 613)

SHRM-Atlanta CEO Jason Cline and Manager of Events Sameera Luthur joined host John Ray on this edition of North Fulton Business Radio to offer a preview of SOAHR 2023, SHRM-Atlanta’s annual conference for the region’s HR and people management professionals, which will be held on March 28 and 29, 2023. Jason and Sameera discussed the exciting new venue for this year’s conference, the Gas South District Convention Center in Duluth, the robust offering of a wide variety of sessions, the collegiality of members, and much more.  Jason also provided an update on exciting new events and educational opportunities SHRM-Atlanta has in store for its members later in 2023.

Also, the Business RadioX team will be broadcasting live from this event on Tuesday and Wednesday, March 28th and 29th. Stop by and see us!

North Fulton Business Radio is broadcast from the North Fulton studio of Business RadioX® inside Renasant Bank in Alpharetta.

SHRM-Atlanta

SHRM-Atlanta is one of the largest chapters of SHRM and shares its purpose of elevating the HR profession. As a leader in the Atlanta metro business community, SHRM-Atlanta strives to be the premier resource for those working in and supporting the human resource function. SHRM-Atlanta’s predominant goal is to be the voice of HR in metro Atlanta and be the first contact for those seeking information and solutions.

This will be achieved through the growth and diversity of members, education, and delivery of content, and by strengthening partnerships with organizations that share its vision.

Website | LinkedIn | Facebook | Instagram | Twitter

SOAHR 2023

SOAHR is the can’t-miss conference of the year for anyone in HR or People Management in greater Atlanta or the Southeast. If you’re looking for a conference that will supply you with actionable ideas, new insights, and best practices for you, your team, and your company, you don’t want to miss this event.  The 2-day conference includes Pre-Conference Workshops, a Resource Partner Showcase, networking opportunities, and more. Average attendance is 1000+ and this year’s conference will be held at the Gas South District Convention Center in Duluth, Georgia on March 28th and 29th.

This year’s theme is SHIFT, Develop, Perform: Moving HR into the Next Normal. The keynote speaker and workshop facilitators will empower attendees to intentionally focus on their talent, develop a network of new and seasoned professionals, and establish skills needed to perform in their new role.

Conference Website

Jason Cline, CAE, Chief Executive Director, SHRM-Atlanta

Jason Cline, CAE, Chief Executive Director, SHRM-Atlanta

Jason Cline brings over 18 years of association management and leadership experience to SHRM-Atlanta. Previously, Jason was the President & CEO of the Printing & Imaging Association of Georgia. There, Jason spearheaded the development and execution of a strategic plan and led a highly profitable insurance arm of the organization. Prior to that role, he was the Strategic Initiatives Executive at the Association of College Unions International, the Section Membership Development Manager at the American Bar Association, and he began his association career as the Director of Membership at the Roller Skating Association International.

Jason earned both his undergraduate degree in Elementary Education and a graduate certificate in Nonprofit Management from Indiana University. He also holds the Certified Association Executive (CAE) credential from ASAE: The Center for Association Leadership. Jason has called Atlanta home since 2016 when he moved here from Indianapolis.

LinkedIn

Sameera Luthur, Manager of Events & Emerging Content, SHRM-Atlanta

Sameera Luthur, Manager of Events & Emerging Content, SHRM-Atlanta

Sameera Luthur joins the SHRM-Atlanta team as Manager of Events and Emerging Content and will be responsible for event logistics, developing relationships, partnering with organizations, and curating content in new and emerging areas outlined in the SHRM-Atlanta strategic plan.

She has served in several Higher Education roles, working directly with students to build community on college campuses and develop leadership skills needed in the workforce. She brings experience planning large-scale events and creating training initiatives for students and professionals across a variety of fields. Sameera holds an M.S. in Educational Psychology from Georgia State University, with research focused on two of her passion areas: mental health and DEI.

Sameera is excited to serve the SHRM-Atlanta community and grow her experiences and career with an association that has so much impact in the Atlanta area.

LinkedIn

North Fulton Business Radio is hosted by John Ray and broadcast and produced from the North Fulton studio of Business RadioX® inside Renasant Bank in Alpharetta. You can find the full archive of shows by following this link. The show is available on all the major podcast apps, including Apple Podcasts, Spotify, Google, Amazon, iHeart Radio, Stitcher, TuneIn, and others.

RenasantBank

 

Renasant Bank has humble roots, starting in 1904 as a $100,000 bank in a Lee County, Mississippi, bakery. Since then, Renasant has grown to become one of the Southeast’s strongest financial institutions with over $13 billion in assets and more than 190 banking, lending, wealth management, and financial services offices in Mississippi, Alabama, Tennessee, Georgia, and Florida. All of Renasant’s success stems from each of their banker’s commitment to investing in their communities as a way of better understanding the people they serve. At Renasant Bank, they understand you because they work and live alongside you every day.

Since 2000, Office Angels® has been restoring joy to the life of small business owners, enabling them to focus on what they do best. At the same time, we honor and support at-home experts who wish to continue working on an as-needed basis. Not a temp firm or a placement service, Office Angels matches a business owner’s support needs with Angels who have the talent and experience necessary to handle work that is essential to creating and maintaining a successful small business. Need help with administrative tasks, bookkeeping, marketing, presentations, workshops, speaking engagements, and more? Visit us at https://officeangels.us/.

Tagged With: 2023, atlanta, Duluth, gas south district, HR, HR Conference, Jason Cline, John Ray, North Fulton Business Radio X, Office Angels, renasant bank, Sameera Luthur, shrm, SHRM Atlanta, SOAHR 2023

Tim Huff, Turknett Leadership Group

February 28, 2023 by John Ray

North Fulton Business Radio
North Fulton Business Radio
Tim Huff, Turknett Leadership Group
Loading
00:00 /
RSS Feed
Share
Link
Embed

Download file

Tim Huff, Turknett Leadership Group (North Fulton Business Radio, Episode 612)

On this edition of North Fulton Business Radio, Tim Huff, Vice President of Leadership Development at Turknett Leadership Group, joined host John Ray to discuss how he got started in coaching and leadership development, what makes Turknett Leadership Group different, leadership development trends he’s seeing, and much more.

North Fulton Business Radio is broadcast from the North Fulton studio of Business RadioX® inside Renasant Bank in Alpharetta.

Turknett Leadership Group

Turknett Leadership Group (TLG) specializes in the assessment and development of executive leadership, organization effectiveness, customized leadership strategies, talent management, succession planning, and human performance.

Founded in 1987 by Dr. Robert Turknett and Carolyn (Lyn) Turknett, TLG has built a reputation on results and client satisfaction. Over 1000 executives have completed the Turknett individual Executive Development Program.

Their clients represent companies of all sizes and industries, such as AGL Resources, the American Cancer Society, AT&T (formerly BellSouth), Bennett International Group, Freebairn & Co., Georgia-Pacific Corp., and Hewlett-Packard.

TLG is known for outstanding client service and for its Leadership Character Model™ which provides a foundation of Integrity, Respect, and Responsibility for long-term business success. TLG consultants are licensed psychologists with both clinical and industrial-organizational backgrounds. Their clients include CEOs, business leaders and their teams, as well as department heads across all disciplines.

TLG is staffed by a team of I/O psychologists including Dr. Robert Turknett, Dr. Michael Sessions, Dr. Patricia Thompson, Dr. Lauren Harris, and Dr. Ann Maurer, who together have a combined 75+ years of experience.

Website | LinkedIn | Twitter | Facebook

Tim Huff, Vice President of Leadership Development, Turknett Leadership Group

Tim Huff, Vice President, Leadership Development, Turknett Leadership Group

Tim Huff is the Vice President of Leadership Development at Turknett Leadership Group, a 36-year-old company based in Atlanta with executive coaching and leadership development corporate clients across the United States and in several countries.

With nearly 30 years of experience, Tim built his leadership foundation by serving 14 years as an Infantry Officer in the U.S. Army and National Guard, including graduating from Ranger School, the Army’s premier Infantry Leadership school. He capped his service with a year in Afghanistan as the Chief of Operations for a brigade responsible for training and maintaining the Afghan National Army.

Always fascinated with the power of technology, Tim began a career in Information Technology with The Walt Disney Company in Orlando, Florida. After ten magical years at Disney, he relocated to Atlanta, GA, and continued his technology career in increasing levels of responsibility at Macy’s, CRH Americas Materials, and Owens and Minor.

Having a passion for helping leaders and executives harness the greatness that exists within themselves, Tim became a certified Executive Coach and launched Platinum Level Leadership in early 2020. Enjoying success and fulfillment as an independent coach, he decided to transition from being a full-time IT leader to a full-time coach in early 2022, with an invitation to join Turknett Leadership Group. At Turknett, Tim is helping to expand the business and spread Leadership Character around the world, creating leaders everywhere who live and lead with integrity, respect, and responsibility.

Tim lives in Cumming, Georgia, with his wife, Kristin. He loves all kinds of music and enjoys hiking in the north Georgia hills!

LinkedIn

Questions and Topics

  • How did you get started in coaching and leadership development?
  • Why is investing in leadership development crucial for recruiting and retention?
  • What’s new at Turknett Leadership Group
  • What makes Turknett Leadership Group different?
  • What does the future look like for Turknett Leadership Group?
  • Talk a little about the trends you are seeing in leadership development.

North Fulton Business Radio is hosted by John Ray and broadcast and produced from the North Fulton studio of Business RadioX® inside Renasant Bank in Alpharetta. You can find the full archive of shows by following this link. The show is available on all the major podcast apps, including Apple Podcasts, Spotify, Google, Amazon, iHeart Radio, Stitcher, TuneIn, and others.

RenasantBank

 

Renasant Bank has humble roots, starting in 1904 as a $100,000 bank in a Lee County, Mississippi, bakery. Since then, Renasant has grown to become one of the Southeast’s strongest financial institutions with over $13 billion in assets and more than 190 banking, lending, wealth management, and financial services offices in Mississippi, Alabama, Tennessee, Georgia, and Florida. All of Renasant’s success stems from each of their banker’s commitment to investing in their communities as a way of better understanding the people they serve. At Renasant Bank, they understand you because they work and live alongside you every day.

Since 2000, Office Angels® has been restoring joy to the life of small business owners, enabling them to focus on what they do best. At the same time, we honor and support at-home experts who wish to continue working on an as-needed basis. Not a temp firm or a placement service, Office Angels matches a business owner’s support needs with Angels who have the talent and experience necessary to handle work that is essential to creating and maintaining a successful small business. Need help with administrative tasks, bookkeeping, marketing, presentations, workshops, speaking engagements, and more? Visit us at https://officeangels.us/.

 

Tagged With: Coaching, John Ray, Leadership, leadership development, North Fulton Business Radio X, Office Angels, renasant bank, Tim Huff, TLG, Turknett Leadership Group

How To Sell a Wireless Cell Phone Store, with Tamer Shoukry, Wireless Dealerz

February 28, 2023 by John Ray

Tamer Shoukry
How to Sell a Business
How To Sell a Wireless Cell Phone Store, with Tamer Shoukry, Wireless Dealerz
Loading
00:00 /
RSS Feed
Share
Link
Embed

Download file

Tamer Shoukry

How To Sell a Wireless Cell Phone Store, with Tamer Shoukry, Wireless Dealerz (How To Sell a Business Podcast, Episode 13)

There is more to a wireless store than just a storefront selling and repairing cell phones. On this edition of How To Sell a Business Podcast, Tamer Shoukry, owner of Wireless Dealerz, talked with host Ed Mysogland about how he got into the business and gave an overview of the industry. They discussed the flow of cellphones from dealer to consumer and from the US to other countries. Tamer covered how they make their money, margins, the challenges of retaining techs and managing inventory, why wireless dealers don’t usually get SBA loans, his advice as a business broker, and much more.

How To Sell a Business Podcast is produced and broadcast by the North Fulton Studio of Business RadioX® in Atlanta.

Tamer Shoukry, Owner, Wireless Dealerz

Tamer Shoukry, Owner, Wireless Dealerz

Tamer Shoukry AKA Mr. Wireless Ohio Wholesale had been a leader in the Prepaid Wireless Marketing , Sales and Fulfillment. He has assisted many leading Prepaid brands in Establishing Their Markets since 2006 such as Page Plus, Boost Mobile, Simple Mobile and H2O.

Sign up for any of these services and work directly with him and ENSURE  success in implementing these services. Tamer posseses the experience, know-how and connections to make these services increase a shop’s income.

Tamer started in the wireless industry in 2006 when he started in regional sales which allowed him to build a network of small and medium sized wireless retailers. He moved into selling in bulk to small carriers, started a repair business, and also started a wireless repair school.

In 2o15 Tamer started his wireless software company that serves independent wireless dealers.

Website | LinkedIn | Facebook | Instagram

Ed Mysogland, Host of How To Sell a Business Podcast

Ed Mysogland, Host of “How To Sell a Business”

The How To Sell a Business Podcast combines 30 years of exit planning, valuation, and exit execution working with business owners. Ed Mysogland has a mission and vision to help business owners understand the value of their business and what makes it salable. Most of the small business owner’s net worth is locked in the company; to unlock it, a business owner has to sell it. Unfortunately, the odds are against business owners that they won’t be able to sell their companies because they don’t know what creates a saleable asset.

Ed interviews battle-tested experts who help business owners prepare, build, preserve, and one-day transfer value with the sale of the business for maximum value.

How To Sell a Business Podcast is produced virtually from the North Fulton studio of Business RadioX® in Alpharetta.  The show can be found on all the major podcast apps and a full archive can be found here.

Ed is the Managing Partner of Indiana Business Advisors. He guides the development of the organization, its knowledge strategy, and the IBA initiative, which is to continue to be Indiana’s premier business brokerage by bringing investment-banker-caliber of transactional advisory services to small and mid-sized businesses. Over the last 29 years, Ed has been appraising and providing pre-sale consulting services for small and medium-size privately-held businesses as part of the brokerage process. He has worked with entrepreneurs of every pedigree and offers a unique insight into consulting with them toward a successful outcome.

Connect with Ed: LinkedIn | Twitter | Facebook

TRANSCRIPT

Intro: [00:00:00] Business owners likely will have only one shot to sell a business. Most don’t understand what drives value and how buyers look at a business. Until now. Welcome to the How to Sell a Business podcast, where, every week, we talk to the subject matter experts, advisors, and those around the deal table about how to sell at maximum value. Every business will go to sell one day. It’s only a matter of when. We’re glad you’re here. The podcast starts now.

Ed Mysogland: [00:00:35] On today’s episode, I had the opportunity to visit with Tamer Shoukry. And Tamer is a business broker out of Ohio, and his claim to fame is Mr. Wireless. And it’s funny during our interview, I was thinking I was talking about wireless stores. And what I didn’t realize is just how deep that business goes. And what I’m saying is the resale market. I’m thinking we’re talking about new cell phone sales and products and services. But it was so much more than that.

Ed Mysogland: [00:01:17] So, it was a fascinating interview. And I’m certain that you will sit there and never look at another wireless store without going, “Wow, I had no idea.” So, my point is, it’s a good one. And so, I hope you enjoy my conversation with Tamer Shoukry.

Ed Mysogland: [00:01:35] I’m your host, Ed Mysogland. On this podcast, I interview buyers, sellers, dealmakers, and other professional advisors about what creates value in a business and then how can that business be effectively sold for a premium value.

Ed Mysogland: [00:01:48] On today’s show, like I indicated in my introduction, I’m really excited about Tamer Shoukry, who’s known as Mr. Wireless. And so, you can imagine to get that moniker, that is a real special person. And this industry is not quite what you might think. You think of it as a retail operation, but it really is so much more than that. So, Tamer, welcome.

Tamer Shoukry: [00:02:16] Well, thank you. Ed, thank you so much for having me today. I really appreciate that.

Ed Mysogland: [00:02:20] Well, I didn’t do your practice justice, so I was hoping that maybe you could talk a little bit about the work that you’re doing and your practice and your specialty.

Tamer Shoukry: [00:02:37] Awesome. Awesome. Well, in 2006, I started working for this nationwide distributor for wireless products. And, basically, what they did, they made me travel city to city, state to state, especially Indiana, to sell their product, which was Boost Mobile and Page Plus. And I had to go and flourish the markets. The market would not be familiar with these products, so I would move and I would spend weeks there until everybody starts selling this product, other retailers will start pushing the products.

Tamer Shoukry: [00:03:17] And that gave me a very, very strong stronghold when it comes to networking with small business owners who own retail shops, you know, corner shops, gas stations, all these mom and shop businesses, and bigger size retailers to introduce the products to them.

Tamer Shoukry: [00:03:40] I spent three years there and then I decided to start my own distribution company, that was in 2009. I became the master dealer for Boost Mobile, and number one distributor in the Midwest. So, we grew up from there. And then, I started selling devices in bulk to small carriers. So, smaller carriers will buy 5,000, 10,000, 20,000 devices per month, so I focused on this side of the business.

Tamer Shoukry: [00:04:14] Later on, in 2012, I started the first repair store in my area in Dublin, Hilliard, Ohio. And after one year, I started a cell phone repair school in Houston, Texas. And after that, I came back to Ohio. After three years, I came back to Ohio, and I started a little wireless software company that serves cell phone stores. So, I have a very good existence in the wireless industry in the country and overseas.

Ed Mysogland: [00:04:49] I would say. So, I guess the first place I would want to start – and I know this is a big ask – what’s the overview of the industry? Because like we were talking about before we got started, I mean, it’s not necessarily what everybody thinks that it’s just a retail operation. So, can you kind of give me a little bit of an overview on that?

Tamer Shoukry: [00:05:13] Sure. Yeah. The cell phone service or the telecom service is part of the infrastructure of any country and everybody is getting the service, any business, any field, medical, industrial, science, education. Everybody is using the wireless industry. And when it comes like this, you find yourself in a situation. There is always high demand on these kind of services and there is not enough people providing the service. You can imagine —

Ed Mysogland: [00:05:48] How is that? Is that true? I mean, how does that work? What you were saying was that there’s not enough people providing the service, I mean, what does that mean?

Tamer Shoukry: [00:06:00] Well, if you look at the country here, we have mainly, like, three or four major carriers – you know them – and they’re providing the airtime. And then, you have the dealers or retailers who are working under them providing the service. And then, you have the repair shops that do repairs for the devices when they have any problems or issues. And then, you have companies producing the devices, you know, Apple, Samsung, whatever. So, there is always high demand and there is not enough devices. I don’t think there’s enough devices in the market.

Ed Mysogland: [00:06:38] Really?

Tamer Shoukry: [00:06:40] Yes.

Ed Mysogland: [00:06:40] That was what caught my ear. I’m like, “Wow. There’s not enough devices in the market.” And as large as this market is, that’s a staggering statement. But you would know.

Ed Mysogland: [00:06:58] So, we have the market now. And I guess, when you think of a wireless operation – because when you were talking a little bit about your practice, you are not only talking about retail operations, but you were also talking about in truck stops, gas stations, things like that, where those are respective profit centers – tell me what does that look like, the mechanics of that. I know from a retail store, but does the retail store then go and sell to the truck stop? Or is there some other operation that has the cornerstone on that type of business? You know what I mean?

Tamer Shoukry: [00:07:47] Very, very good question. This industry is not stable. It’s changing every other year. It’s changing dramatically. So, back in the days when I started, we used to sell in corner stores. We used to sell in barbershops. We sell the device activated already with airtime, so you just turn on the phone and it has minutes and you can start talking and texting.

Tamer Shoukry: [00:08:11] But, now, all these venues start shrinking. But we have something new or we have the repair shops. The repair shop will be independent, will be providing services like fixing devices, activating new lines, and doing more than that. With the high price of the devices now, it becomes more like a car dealership. And this is the real — in the business, when you buy broken phones, fix them, and resell them. Huge margin. It’s more than anything you can imagine.

Ed Mysogland: [00:08:54] Now, I’m following you. So, where do you sell the repaired phones? Do you now turn online? Or are you getting foot traffic? Where is the source of that profit center?

Tamer Shoukry: [00:09:08] Okay. Perfect. So, if somebody who owns a store, usually the customer would walk into the store and they will ask do you have any affordable iPhone, for example, I don’t want to pay the full price. I said I have this model, I have that model. It sometimes will be like 30 percent off, 50 percent off from buying a brand new one. So, he would sell this, or he would sell them online, or he will export all the devices overseas for higher margin.

Ed Mysogland: [00:09:42] I get it. So, how do you – yeah. Go ahead. I’m sorry.

Tamer Shoukry: [00:09:45] So, you have some company that is selling, let’s say, 100 phones a month and some other companies selling 20,000, 50,000 phones for a month. You have this size and you have that bigger —

Ed Mysogland: [00:10:01] Sure. So, what’s a good size as far as revenue goes? What’s a reasonable operation? I mean, is that a half-a-million dollar revenue store? Or is that a $5 million revenue store?

Tamer Shoukry: [00:10:18] Usually, the independent one, the repair shops, they would be between 50 to mil. Some of them can reach mil. Especially if you’re in a busy city like New York, you can reach this number. The other bigger size companies, they do not do retail. They don’t face the end user. They would collect the devices, repair them, and then send them overseas for higher prices. And that margin will go up to $300, 400, 500 million.

Ed Mysogland: [00:10:57] Wow. So, the companies you just referenced, the ones that are buying up the damaged and subsequently repaired phones, they’re going around to all these shops saying, “Hey, I want to buy your damaged phones.” They refurb them and then sell them, right? That’s how that works?

Tamer Shoukry: [00:11:19] This one of the venues they do this. And the other way is they go directly to the carriers, because carriers will always — returns. And they will buy it through an auction. And the auction is not for everyone. You need to get certain certifications, like the R2 Certification, to be able to participate on those auctions.

Ed Mysogland: [00:11:45] So, what’s an R2 Certification? What does that mean?

Tamer Shoukry: [00:11:48] Responsible Recycling Certification. It’s very similar to the — but it comes to the electronics.

Ed Mysogland: [00:11:58] I got it. So, I’m based here in Indianapolis and so I know that there’s all kinds of retail operations that are selling phones, so that’s easy. But what about the folks that you just mentioned, the ones that are approved by the vendor to collect the phones, I mean, is that a big market? I mean, is there five people or 50 people that are buying up these phones?

Tamer Shoukry: [00:12:28] No. No. I would say the certified companies would be around maybe 30 certified. It’s not a big number. I can tell you the names of the owners of each company very easy because they don’t change that much. They don’t go out of business that quickly. I’d never seen any one of those companies dealing with the assets on the large scale getting sold. I never seen that.

Ed Mysogland: [00:13:03] Yeah. Those kind of margins, I’d hold them too. I wouldn’t sell it.

Tamer Shoukry: [00:13:09] There’s only a few companies that are the biggest companies. They’re going with billions of dollars. They got sold to private equities and entities like that. So, as I wanted to mention to you, it’s not only the small shop in front of you that one guy is working there. No. It goes way, way beyond that.

Ed Mysogland: [00:13:33] Sure. No, no, no. That’s where I was going with it, is that, it seems as though that’s the entry point but it just broadens out from there. And there is all kinds of money after just the retail side of the business.

Tamer Shoukry: [00:13:49] Yes. And there is also the companies that doing special type of software, companies doing finance technologies, and these guys are way beyond your imagination.

Ed Mysogland: [00:14:05] Well, circling back to the retail, I’ve always wanted to know how they make money. I mean, I know we’ve been focusing on, “Look, we’re taking damaged phones and we’re reselling them.” So, that’s a little bit of a profit center. But it would appear that the real profit is the guy that’s buying it, not necessarily the guy that’s selling the damaged phones. So, they’re getting a little bit of a hit, but it’s downstream that they’re making all the money. So, when I look at the retail operation, where are my profit centers? I know probably, you know, cases and things like that. But where else? Where am I looking at?

Tamer Shoukry: [00:14:57] When you go and you pay your bill, the monthly bill, this is profit. You get a margin. You get a small percentage. But by the time you will have more people coming to your store and doing the payments, that can pay your rent. For example, it can be, like, $2,000 or 3,000. When you are doing the repairs, you charge at least $50 up to $100 per device, so that is another thing. The accessories is another thing. In the accessories, usually you can make up to ten times your cost. So, you buy a charger for $2 and you sell it for $20. You bought this for $5 and you sell it for $25.

Ed Mysogland: [00:15:50] Yeah. Okay. So, the locations, the ones that I see, like when I’m looking at these locations here in Indianapolis, it seems as though – I don’t want to say they’re in the lower income, but it does appear that there’s a concentration in some of our lower income communities. I mean, conversely, where you would see like a Verizon not necessarily down in those same areas. Is that true or not?

Tamer Shoukry: [00:16:26] Yes. Yes. Usually, the lower income areas where you make most of the money. And it’s funny that you mentioned Indiana, because Indiana is very close to my heart. I started my career in Indiana. I consider Indiana as my school to understand the cell phone industry. And every city will have this one store that everybody likes to go there. And you had one, I guess, in the east side of Indy, and the store was amazing. Generation after generation, this is the spot. Everybody wants to go there. It’s not the nicest part of the town, but you know what? Everybody just go there.

Ed Mysogland: [00:17:09] Great service. I know what you’re talking about.

Tamer Shoukry: [00:17:11] But when it comes to the stores owned by the carriers, they usually go for the nicer areas. They usually go for prime locations. And the individuals do not like to open next to them because you cannot compete with the carrier. The carrier can hire the best executives, nicest looking sales people, the best devices. It’s not going to affect them. But if you’re an individual business owner, you cannot compete. You cannot compete. You want to be integrating with that company.

Ed Mysogland: [00:17:50] Well, that was where I was heading next. How does a company like this compete when you’re looking at online, you’re looking at BestBuy, you’re looking at where else can you activate —

Tamer Shoukry: [00:18:03] Amazon.

Ed Mysogland: [00:18:04] Yeah. And some of the bigger box stores. So, how does the mom and pop shop compete against something like that?

Tamer Shoukry: [00:18:12] I’m going to tell you a fact. It’s funny, when you go to one of the big boxes, you don’t get the service. You can grab the device, but no one is going to talk to you about it. No one is going to want to explain the plan. No one is going to tell you this is the most suitable plan for you. And if you have a problem, guess what? Nobody’s going to be able to answer your question. This is why they go to the repair shop to do the activation, to ask questions, and fix problems. And the same thing goes for the bigger carriers, they don’t have this technicality to sort issues with the device itself.

Ed Mysogland: [00:18:55] Yeah. I follow that. And I think one of the biggest challenges that I see, and we’ve tinkered around with a couple of them, has to do with repair. And I know you alluded to this just a minute ago that there’s a lot of profit baked into the repairs. And I have some children that have broken, you know, phones and iPads and so on and so forth, so I am well aware of the cost to repair it.

Ed Mysogland: [00:19:31] But one of the things that we continue to see is the difficulty in finding and then retaining help, especially with that. I think you can be easily trained on selling and understanding the product and the needs of the consumer. But a technician, that’s a different animal. So, how do I find them? How do I retain them?

Tamer Shoukry: [00:20:03] When it comes to technicians, this is the rarest type of employee you can ever — it’s very hard.

Ed Mysogland: [00:20:13] No, I’m with you.

Tamer Shoukry: [00:20:14] And usually, if I’m new in town, I don’t know everybody in town already, I would go to Google them and they said phone repair. And these guys, they would spend a lot of money just advertising online. So, when it comes to Google Maps, MapQuest or whatever, it will show you he’s there. He’s there. There is no single town, big town in the whole country without two, three, five stores doing repairs now. When I started my first store, I was the only one in my whole town in Dublin and Hilliard area. So, now it’s different — very well.

Ed Mysogland: [00:20:59] Yeah. And now what? You’ve got the major repair repair franchises. What, Cell Phone Repair? And I think there’s two or three others.

Tamer Shoukry: [00:21:09] CPR.

Ed Mysogland: [00:21:10] Yeah. CPR.

Tamer Shoukry: [00:21:12] Yeah. It’s funny, because these guys, they are not franchised really. It’s something – I don’t know how to explain it. The company used to be a franchise. CPR used to be a franchise. And then, they went to every individual store and they convinced them to change their sign and become under them. So, it’s Mike Repair, and everybody likes Mike. They will come to you and tell you, “Come join us. You will have certain kinds of benefits.”

Ed Mysogland: [00:21:44] I get it.

Tamer Shoukry: [00:21:46] I know the guy who started the CPR. He’s a friend of mine, I can say that. But when the company got sold a couple of times, now corporate is really separated from the store owners. It become a full franchise, really, you know.

Ed Mysogland: [00:22:08] Yeah. No, no, I get it. But circling back to the retention of the technician, I mean, is that just an economic thing or is there any other way to induce that type of person to stay with the company? Because if I’m looking at it as a buyer, I’m sitting here going, “All right. I got to figure out how I’m going to keep this guy.” Because what you just said is that the other shops are looking for a repair guy. And my guy probably has a target on his back. You know what I mean?

Tamer Shoukry: [00:22:39] True. This is a very important point, and from my experience, the best thing is to be generous to your technician. And, you know, you always have to have two or three of them. You can’t just depend on one.

Ed Mysogland: [00:22:55] That’s true.

Tamer Shoukry: [00:22:56] Once you have one technician, you hire somebody to be trained under him. Just in case something happened, he got sick, he had to travel, he got married, he got divorced, whatever, you always have a backup. You always have a backup. Somebody will get in and finish all the repairs. When I had my store, I had three. I had three all the time. Because if somebody got sick, we get heavy loads of repairs coming in, I always have enough people to do the repairs.

Ed Mysogland: [00:23:29] I get you. So, moving to financials, so are there various metrics or benchmarks that I could say, you know, if I have a 10 percent net profit margin, I’m doing great. If I have a 50 percent gross profit margin, I’m doing great. Are there any, like, ways to quickly look at a business and say, “Yeah. You know what? That’s a good target for me.”

Tamer Shoukry: [00:23:58] I would usually go and see how many repairs they do per month. I would see how many phones they sell per month. From my side, from my experience, I prefer the stores that sells more devices than the stores that repair more devices, because the biggest goal for you is to have the biggest sales. You need to sell more devices. So, it’s okay, you can do repairs, but you cannot focus on repairs only and neglect selling.

Tamer Shoukry: [00:24:33] So, I would like always to go to the store that’s selling the most devices in the whole area. You sell 100, I know exactly how much money you’re making. Because I would know he would at least make $50 to 100. So, if you sell 100, that’s $5,000. You sell more, you make more money. The rent shouldn’t be more than $2,000 under any circumstances. Some guys, they will go with more, but it will be always a big risk.

Ed Mysogland: [00:25:07] I get it. So, I guess as it relates financially, most people need their cell phone, so my question originally was centered around, you know, is the industry correlated to disposable income. And I think just from our conversation thus far, I can tell that’s probably not the case. There is no correlation to any part of the economy because people are going to need some means to communicate. Right?

Tamer Shoukry: [00:25:49] — percent true. And nowadays, with a device costing you up to $2,000, it’s not only people who do not have money, they go and fix the phones. I had a lawyer used to damage his small tablet all the time and come and spend $300 because all the documents that he has on these tablets.

Ed Mysogland: [00:26:13] Oh, sure, sure.

Tamer Shoukry: [00:26:14] Every time, every day he can buy brand new. But with the documents he has there, it’s worth his life. His career is only in this small device. He will come and spend $300 to fix it.

Ed Mysogland: [00:26:29] Sure. So, one of the challenges that I continue to see is this business as well as a business that is dealing with repairs as well as retail of new, and that’s inventory management. I got to imagine that it is a real challenge in this industry, isn’t it, to keep track of your inventory? Or is there like a universal point of sale type inventory management service or no?

Tamer Shoukry: [00:27:06] There are. There are. It would work for smaller shops. And there is software for wholesalers. But from the bottom of my mind, there is no real solution until today. I’m not saying this to bash the companies that designed those software, but you can do better than this. It can be more in details than what we have now. You can use QuickBooks like any other business. But when it comes to tracking your inventory, there is some software being used now, but I am not satisfied with the results.

Ed Mysogland: [00:27:49] No, no, I get it. So, who buys these things? Because I know you’ve sold a lot of them and I’m just kind of curious to know what does that person look like or does it vary?

Tamer Shoukry: [00:28:04] It varies. You can be a mom. You can be a dad. You can be a teacher. You can be a — you can be a government agency. You can be individual who is sending these devices, selling overseas. So, everybody is — but who’s buying more? You can ask me who is the most who’s bought more?

Tamer Shoukry: [00:28:27] And I would answer the question honestly. If you have any market with lots of immigrants, they would buy these devices more than anybody else, because the relatives back home in their countries, they’re going to ask them, we need devices, we need iPhones, we need Samsung, we need this, we need this. And there is no place in the whole Earth is cheaper than the U.S. when it comes to devices. So, the demand is crazy high.

Ed Mysogland: [00:28:59] I get it. That’s interesting. I mean, market multiples, do they vary in the industry or they stay fairly consistent? Because I got to imagine the risk remains the same, so I would assume the multiples fairly consistent or no.

Tamer Shoukry: [00:29:24] I would say it’s different between cities. Because if you’re new, it’s not the same thing. If you are in Kansas or Arkansas, you have less people, so your ability to sell devices is less than if you are in a bigger city.

Ed Mysogland: [00:29:46] So, multiples increase based on the density of the population in the area.

Tamer Shoukry: [00:29:55] Of course. Of course.

Ed Mysogland: [00:29:55] I get it. No, I mean that makes sense. So, as we talk about selling these things, is it a normal lending environment? I mean, it’s just based on cash flow and it works? Or is there a special way that these things get financed given the inventory fluctuations and such? I would assume it’s just like any other business. If it can support the cash flow, you know, you’re in business. Or is that not the case?

Tamer Shoukry: [00:30:31] Well, I would say, the biggest chunk of the business done cash upfront. And I was involved in one of those companies that provides a tool for financing for the independent store owners. So, the software will go and check the background of the person who’s buying the device. It will give you colors: red, don’t give him the device — it’s up to you; and green, go ahead and you can sell him, you can trust him, he has a good credit background, and he has the ability financially to give you the payment every week, $50, $20, whatever you agree on.

Tamer Shoukry: [00:31:17] But I would say cash is the biggest chunk of what’s happening here. Everybody just go and pay upfront. The financing comes from the bigger companies. If you go and buy from Apple, that’s brand new, expensive devices. They have their own financing and they make it easy.

Ed Mysogland: [00:31:37] Okay. But as far as buying the company, is it just like any other SBA lender? You know what I mean? From that standpoint, it seems that this is just based on cash flow. I would assume based on what we’re talking about, I would imagine my cash flow to revenue ratio has to be 20, 25 percent. That’s two-and-a-half, three multiple, which then takes me, as I look at it, to a bank. I mean, that’s plenty of cash flow to support some reasonable debt. What I’m trying to establish is the risk associated with, if I’m a lender, where is my risk in loaning that money, aside from the borrower him or herself? You know what I mean?

Tamer Shoukry: [00:32:40] I’ll tell you something, when it comes to small businesses, like individual stores, I never got any lender involved, just usually cash. But talking about bigger companies, the multiple million dollars, then it’s a totally different story. It’s a totally different story.

Ed Mysogland: [00:33:00] But if I come in some of the lower income areas, you had already indicated that the buyer pool tends to be —

Tamer Shoukry: [00:33:17] Competition.

Ed Mysogland: [00:33:18] Yeah. So, there is consolidation, so they understand it. But as individual buyers, so seller financing – because I’m sitting here, let’s just say it’s $200,000, would you risk 200,000 to buy this business that a lot of which is cash? You know what I mean? It’s almost like a food and beverage business. And to me, this seems harder to track my cash or no?

Tamer Shoukry: [00:34:00] True. This is why I mentioned that most of the buyers will be people from the industry itself. He can be somebody from outside the certain city or town. It can be the guy next door who always wanted to eliminate the competition. He would say, “Okay. I’ll buy it. I’ll take this place.” And usually it goes cash. They pay everything cash. If they have terms that’s between the buyer and seller, I do not recommend that at all because the consequences might escalate to a —

Ed Mysogland: [00:34:39] No, that’s great advice. Like I said, I didn’t anticipate that coming out of your mouth, but it totally makes sense. So, since we’re bumping up on time, the last question I asked every single guest, and you being the expert in the industry, what’s the one piece of advice that you would give, I guess, business owners in the wireless retail or the wireless industry? What piece of advice would you give them that would have the greatest impact on their value and their ability to sell?

Tamer Shoukry: [00:35:15] Do not buy a business based on your emotions. Never. You have to always —

Ed Mysogland: [00:35:21] Okay. So, that’s the buyer.

Tamer Shoukry: [00:35:24] Yes.

Ed Mysogland: [00:35:25] So, what about the seller? How is the seller? What does the seller need to do in order to make this business saleable?

Tamer Shoukry: [00:35:33] Your business has more value than what you think. Your business has more value than you think.

Ed Mysogland: [00:35:43] So, how do I get that out? Because I’m certain there are plenty of sellers that just heard that and say, “Tell me more. How do I get more money out of my business?”

Tamer Shoukry: [00:35:55] Hire a broker, like me. And I will go to your finances and I will make sure to represent your business in a better way than if you try to represent by yourself, based on numbers, facts.

Ed Mysogland: [00:36:14] Yeah. Yeah. I got it. So, the quality of your financial statements, even though you’ve got a bunch of cash that is flowing in and out of the business, that will determine whether or not you’re going to be able to sell at a premium value.

Tamer Shoukry: [00:36:32] Yes.

Ed Mysogland: [00:36:32] Perfect. So, Tamer, what’s the best way we can connect with you and how can people find you?

Tamer Shoukry: [00:36:38] You can search my name on Google or you can find me on Facebook at Tamer Shoukry. You can find me on Instagram, @cellphonesinbulk. Or you can call me at 614-226-2723.

Ed Mysogland: [00:36:56] Okay. Well, Tamer, I got to tell you, I didn’t know what to expect out of this. I’ve always seen it. I’ve always heard that the business was lucrative. I just had no idea that there was so much more to it than just a storefront. So, thanks for the education. I’m certain everybody’s kind of in the same camp with me of like, “Wow. What a crazy business. And, boy, that might be a nice little business for me to buy.” So, thanks for coming on and telling us all about that.

Tamer Shoukry: [00:37:33] You’re welcome. And thank you so much for inviting me.

Outro: [00:37:36] Thank you for joining us today on the How to Sell Your Business Podcast. If you want more episodes packed with strategies to help sell your business for the maximum value, visit howtosellabusinesspodcast.com for tips and best practices to make your exit life changing. Better yet, subscribe now so you never miss future episodes. This program is copyrighted by Myso, Inc. All rights reserved.

 

 

Tagged With: business broker, Business Owners, cellphone repair, cellphones, Ed Mysogland, entreprenuers, How to Sell a Business, How to Sell a Business Podcast, Mr. Wireless, pricing, selling a business, Tamer Shoukry, valuation, value, Wireless Dealerz, wireless phones, wireless reseller

Quick Tips for Time Well Spent: Preparing for Daylight Savings Time

February 27, 2023 by John Ray

Daylight Savings Time
North Fulton Studio
Quick Tips for Time Well Spent: Preparing for Daylight Savings Time
Loading
00:00 /
RSS Feed
Share
Link
Embed

Download file

Daylight Savings Time

Quick Tips for Time Well Spent: Preparing for Daylight Savings Time

On this edition of Quick Tips for Time Well Spent, host Julie Hullett offers ways to prepare for Daylight Savings Time.

Julie’s commentary was taken from this episode of Time Well Spent with Julie Hullett. 

Time Well Spent with Julie Hullett is presented by Julie Hullett Concierge, LLC and produced by the North Fulton studio of Business RadioX®.

About Time Well Spent

Time Well Spent with Julie Hullett features stories from busy professionals who have created more time to do what they love. Every other week, your host and personal concierge Julie Hullett speaks with entrepreneurs, community leaders, and influencers to answer the question: What would you do if you had more time?

The show is produced by the North Fulton studio of Business RadioX® and can be found on all the major podcast apps. The complete show archive is here.

Julie Hullett, Host of Time Well Spent with Julie Hullett

Julie Hullet, Host of Time Well Spent with Julie Hullett

Julie Hullett is the host of Time Well Spent with Julie Hullett.

Julie Hullett is a personal concierge and entrepreneur in Nashville, TN. She founded Julie Hullett Concierge, LLC in 2011 to give people their time back so they can do more of what they love. No stranger to big ideas and pursuing passions, Julie left corporate America to create her business. She capitalized on her skills—multi-tasking, attention to detail, and time management, to name a few—to build a successful business that gives back. Her clients enjoy ample free time. They’ve traveled more, spent more time with those they love, and have even created their own businesses.

Connect with Julie:

Website| LinkedIn | Instagram. Sign up to receive her newsletter.

 

Tagged With: daylight savings time, Julie Hullett, Julie Hullett Concierge LLC, personal concierge, Quick Tips for Time Well Spent, sleep, time management, Time Well Spent with Julie Hullet

Building Your Net Worth, with Anthony Chen, Host of Family Business Radio

February 27, 2023 by John Ray

Building Your Net Worth
Family Business Radio
Building Your Net Worth, with Anthony Chen, Host of Family Business Radio
Loading
00:00 /
RSS Feed
Share
Link
Embed

Download file

Building Your Net Worth

Building Your Net Worth, with Anthony Chen, Host of Family Business Radio

In a commentary from a recent Family Business Radio episode, host Anthony Chen recommended that business owners, young entrepreneurs, and team members focus on networking and implementing risk mitigation strategies. Anthony says that these are the first steps to building and securing one’s net worth.

Anthony’s commentary was taken from this episode of Family Business Radio. Family Business Radio is underwritten by Anthony Chen with Lighthouse Financial Network.

Anthony Chen, Host of Family Business Radio

Anthony Chen, Host of Family Business Radio

This show is sponsored and brought to you by Anthony Chen with Lighthouse Financial Network. Securities and advisory services are offered through Royal Alliance Associates, Inc. (RAA), member FINRA/SIPC. RAA is separately owned and other entities and/or marketing names, products, or services referenced here are independent of RAA. The main office address is 575 Broadhollow Rd. Melville, NY 11747. You can reach Anthony at 631-465-9090 ext. 5075 or by email at anthonychen@lfnllc.com.

Anthony Chen started his career in financial services with MetLife in Buffalo, NY in 2008. Born and raised in Elmhurst, Queens, he considers himself a full-blooded New Yorker while now enjoying his Atlanta, GA home. Specializing in family businesses and their owners, Anthony works to protect what is most important to them. From preserving to creating wealth, Anthony partners with CPAs and attorneys to help address all of the concerns and help clients achieve their goals. By using a combination of financial products ranging from life, disability, and long-term care insurance to many investment options through Royal Alliance. Anthony looks to be the eyes and ears for his client’s financial foundation. In his spare time, Anthony is an avid long-distance runner.

The complete show archive of Family Business Radio can be found at familybusinessradioshow.com.

Tagged With: Anthony Chen, Building Your Net Worth, Family Business, Family Business Radio, financial planner, financial planning, Lighthouse Financial, Lighthouse Financial Network, net worth, networking, risk mitigation, risk mitigation strategies

Wes Rhea, Author of Off the Top Rope: From Professional Wrestling to the Corporate World to the Classroom

February 24, 2023 by John Ray

Wes Rhea, Author of Off the Top Rope: From Professional Wrestling to the Corporate World to the Classroom
North Fulton Business Radio
Wes Rhea, Author of Off the Top Rope: From Professional Wrestling to the Corporate World to the Classroom
Loading
00:00 /
RSS Feed
Share
Link
Embed

Download file

Wes Rhea, Author of <i>Off the Top Rope<i>: From Professional Wrestling to the Corporate World to the Classroom

Wes Rhea, Author of Off the Top Rope: From Professional Wrestling to the Corporate World to the Classroom (North Fulton Business Radio, Episode 611)

On this edition of North Fulton Business Radio, Wes Rhea, Author of Off the Top Rope, joined host John Ray to discuss how he transitioned from professional wrestling to the corporate sector, and then to academia. Wes also talked about the value of learning, mentors, networking, and much more.

North Fulton Business Radio is broadcast from the North Fulton studio of Business RadioX® inside Renasant Bank in Alpharetta.

Off The Top Rope

Career advancement and career transition can be tough. Wes Rhea, Author of Off The Top Rope, understands. He’s been down that rose and done it. Wes went from being a professional wrestler to a corporate executive to a university professor.

In this book, his goal is to help you with the next advancement in your career or transitioning to something new. It’s a journey in father and perseverance with a little bit of luck. You’ll learn how to use your current skills, the power of networking, the importance of always learning, the benefits of hard work, and the value of mentors.

Website | Per-order this Book

Wes Rhea, Author, Off The Top Rope

Wes Rhea, Author, Off The Top Rope

Wes Rhea was born and raised in Marietta, Georgia. He is a healthcare executive, author, educator, and former professional wrestler.

Wes started his career as a professional wrestler in the late 1980s which ran through the mid-1990s while wrestling for various promotions throughout the southeast.

While in the corporate sector, Wes held executive-level positions as a Vice-President, Corporate Compliance Officer, Chief Information Officer, and Chief Compliance Officer in the telecommunications, financial, and healthcare industries.

Wes was a Senior Lecturer at Kennesaw State University teaching the undergraduate and executive MBA programs and held administrative roles while serving as a career coach. Wes holds a Bachelors of Business Administration, Masters of Business Administration, and Juris Doctor.

LinkedIn

Questions and Topics

  • What are a few lessons you learned early in life?
  • How did you get started in professional wrestling?
  • What are a few skills you learn while wrestling?
  • How did you transition to the corporate sector and then to academia?
  • Talk about the value of learning, mentors, and networking

North Fulton Business Radio is hosted by John Ray and broadcast and produced from the North Fulton studio of Business RadioX® inside Renasant Bank in Alpharetta. You can find the full archive of shows by following this link. The show is available on all the major podcast apps, including Apple Podcasts, Spotify, Google, Amazon, iHeart Radio, Stitcher, TuneIn, and others.

RenasantBank

 

Renasant Bank has humble roots, starting in 1904 as a $100,000 bank in a Lee County, Mississippi, bakery. Since then, Renasant has grown to become one of the Southeast’s strongest financial institutions with over $13 billion in assets and more than 190 banking, lending, wealth management and financial services offices in Mississippi, Alabama, Tennessee, Georgia and Florida. All of Renasant’s success stems from each of their banker’s commitment to investing in their communities as a way of better understanding the people they serve. At Renasant Bank, they understand you because they work and live alongside you every day.

Since 2000, Office Angels® has been restoring joy to the life of small business owners, enabling them to focus on what they do best. At the same time, we honor and support at-home experts who wish to continue working on an as-needed basis. Not a temp firm or a placement service, Office Angels matches a business owner’s support needs with Angels who have the talent and experience necessary to handle work that is essential to creating and maintaining a successful small business. Need help with administrative tasks, bookkeeping, marketing, presentations, workshops, speaking engagements, and more? Visit us at https://officeangels.us/.

 

Tagged With: Author, Business Radio X, career coach, Career Coaching, John Ray, mentorship, North Fulton Radio, Off the Top Rope, Office Angels, professional wrester, renasant bank, Wes Rhea, wrestling

Employer-Related Compliance Trends in 2023

February 24, 2023 by John Ray

Employer-Related Compliance Trends in 2023
Advisory Insights Podcast
Employer-Related Compliance Trends in 2023
Loading
00:00 /
RSS Feed
Share
Link
Embed

Download file

Employer-Related Compliance Trends in 2023

Employer-Related Compliance Trends in 2023 (Advisory Insights Podcast, Episode 32)

On this episode of Advisory Insights, Stuart Oberman of Oberman Law Firm discussed employer-related compliance trends in 2023. Stuart talked about pay transparency laws requiring employers to include salary range information in job postings, employee privacy laws governing how data is used in employment relationships, and more.

Advisory Insights is presented by Oberman Law Firm and produced by the North Fulton studio of Business RadioX®. The series can be found on all the major podcast apps. You can find the complete show archive here.

TRANSCRIPT

Intro: [00:00:01] Broadcasting from the Studios of Business RadioX, it’s time for Advisory Insights. Brought to you by Oberman Law Firm, serving clients nationwide with tailored service and exceptional results. Now, here’s your host.

Stuart Oberman: [00:00:19] And welcome everyone to Advisory Insights. Stuart Oberman here, your host. All right. Folks, we’re going to talk about employer related compliance trends in 2023. Yes, yes, yes, 2023, off and running. There is a lot of things going on in 2023 that our employers must, must know.

Stuart Oberman: [00:00:42] And there’s not necessarily any order of priority here, but there is a great, great trends regarding pay transparency laws that are going to be even more expansive in the future. So, the laws generally require – this is overly broad here – employers to include salary range information in job postings. Now, this is cropped up in California, of course, Washington, and New York. But I will tell you, there’s a lot of other legislation that is pending or being discussed in multiple states.

Stuart Oberman: [00:01:23] So, I think what has to happen is if you’re an employer and you’ve got employees in those states and you’re posting jobs in those states, you’ve got to understand what the ramifications are of the pay transparency laws. I would suggest that you have a broad policy on this because it is not really a matter of if it comes to your state, it’s when. So, obviously, California, Washington, and New York are more of the liberal states. Again, I’m not getting into politics, but I see a trend here that’s already from west to east. And, again, it’s going to go north and it’s going south, so it’s just a matter of time.

Stuart Oberman: [00:02:05] A next big topic, which, of course, originates in some more of these states, is employee privacy. What we’re seeing is that California is really at the forefront of this. But Illinois even became first on this issue. So, recently, the California Privacy Act – excuse me – California Privacy Rights Act has really brought, in my opinion, employee privacy to the forefront in the U.S. So, the law came in effect on January 1st.

Stuart Oberman: [00:02:43] Now, the interesting part, you’ve got to go back in history a little bit – and I don’t want to bore you guys – this particular law actually follows the Illinois Biometric Information Privacy Act, which was enacted in 2008 in Illinois. Now, you’ve got to understand where all this is coming from.

Stuart Oberman: [00:03:07] So, under the California law – again, here we go. We’re in California, Washington. Now, we’re hitting Midwest. We got New York City going here. Again, this is going to be propping up in multiple states, in my opinion – the California law mandates – not says may or not says, you know, we really want it to. It mandates. It governs – how the aspect of an employment relationship on how data is used in this context.

Stuart Oberman: [00:03:43] Now, what does that mean? So, it actually outlines what employers in artificial intelligence can and cannot utilize that information on, privacy, background checks, those kind of things. So, I think you need to really have a plan as a whole. It doesn’t matter whether you’re in Illinois, California, Washington, I don’t really care. You’ve got to figure out what your policy is and procedures on how to handle this data and whether or not your policies and procedures fit within those four or five states that, you know, is very broad.

Stuart Oberman: [00:04:23] And especially if you have employees in those multiple states and you’re a multinational employer, if your main office is in Charlotte, how do you deal with an employee and you run background checks for employees in Washington or New York? How do you deal with that? You’ve got to have policy in place with that.

Stuart Oberman: [00:04:42] The next one really is a very, very aggressive legislative change, and we’re seeing more and more of this. And I think it’s just a matter of time before the states have a version of this, which was, employee leave. I think we’re going to see, not necessarily on a federal level, but we’re going to see employers, we’re going to continue to see, I think, some broad movement on paid leave on a state and local level.

Stuart Oberman: [00:05:15] So, again, I want to go back to Illinois because they seem to be the most recent here on what we’re looking at. So, they passed the Paid Leave Act For All Employers – all workers – excuse me – the official name, Paid Leave For All Workers Act on January 10th. Now, once the law takes effect – and there’s a question whether that takes effect. From all indication, it’s going to take effect next year – employers – get this – must annually provide covering employees up to 40 hours of paid leave, which they can use for any purpose.

Stuart Oberman: [00:05:55] Folks, you’ve got to understand the ramifications of that, again, if you’re a multinational employer. Now, what we’re going to see is we’re going to see, I believe, different versions of this trickle down in certain water down states where it may not be as aggressive. Or in some areas, depending on the legislation, you’re going to see more aggressive leave. So, I think you need to start looking now what your policies are and procedures.

Stuart Oberman: [00:06:25] We have had some cases that our employers have actually acquired companies. And deep in their particular H.R. matters, they did not realize that their companies that they acquired had no limitation on leave. Folks, do you understand that? You just purchased a $50 million business, 5 million, 10 million, I don’t really care. And all of a sudden, their policy that you inherited and you’ve got to deal with, it says that their leave of absence is unlimited. How do you deal with that? First of all, how do you miss that? A lot of things go into that scenario.

Stuart Oberman: [00:07:16] Next, we’ve talked about this one on our two previous podcasts, non-competes. So, I don’t want to belabor this. Again, I think it’s a trend. The FTC has issued a proposed ban – which is under a lot of review – for non-competes. So, if that occurs, that will fundamentally change the relationship of current employees and future employees as far as what you can and cannot enforce.

Stuart Oberman: [00:07:48] Folks, that is just about four or so topics that are really the hot topics right now going in 2023. And I’m telling you, I’m sure there’s going to be offshoots, extensions, reductions of these various policies and procedures under state, federal, and even national level. So, keep track of what’s going on. Keep listening to our podcast.

Stuart Oberman: [00:08:13] Folks, thanks for joining us today on Advisory Insights. Stuart Oberman, your host. If you have any questions, please feel free to give us a call, 770-886-2400 or stuart@obermanlaw.com. Have a fantastic day.

Outro: [00:08:28] Thank you for joining us on Advisory Insights. This show is brought to you by Oberman Law Firm, a business-centric law firm representing local, regional, and national clients in a wide range of practice areas, including health care, mergers and acquisitions, corporate transactions, and regulatory compliance.

About Advisory Insights Podcast

Presented by Oberman Law Firm, Advisory Insights Podcast covers legal, business, HR, and other topics of vital concern to healthcare practices and other business owners. This show series can be found here as well as on all the major podcast apps.

Stuart Oberman, Oberman Law Firm

Oberman Law Firm

Stuart Oberman is the founder and President of Oberman Law Firm. Mr. Oberman graduated from Urbana University and received his law degree from John Marshall Law School. Mr. Oberman has been practicing law for over 25 years, and before going into private practice, Mr. Oberman was in-house counsel for a Fortune 500 Company. Mr. Oberman is widely regarded as the go-to attorney in the area of Dental Law, which includes DSO formation, corporate business structures, mergers and acquisitions, regulatory compliance, advertising regulations, HIPAA, Compliance, and employment law regulations that affect dental practices.

In addition, Mr. Oberman’s expertise in the healthcare industry includes advising clients in the complex regulatory landscape as it relates to telehealth and telemedicine, including compliance of corporate structures, third-party reimbursement, contract negotiations, technology, health care fraud, and abuse law (Anti-Kickback Statute and the State Law), professional liability risk management, federal and state regulations.

As the long-term care industry evolves, Mr. Oberman has the knowledge and experience to guide clients in the long-term care sector with respect to corporate and regulatory matters, assisted living facilities, continuing care retirement communities (CCRCs). In addition, Mr. Oberman’s practice also focuses on health care facility acquisitions and other changes of ownership, as well as related licensure and Medicare/Medicaid certification matters, CCRC registrations, long-term care/skilled nursing facility management, operating agreements, assisted living licensure matters, and health care joint ventures.

In addition to his expertise in the health care industry, Mr. Oberman has a nationwide practice that focuses on all facets of contractual disputes, including corporate governance, fiduciary duty, trade secrets, unfair competition, covenants not to compete, trademark and copyright infringement, fraud, and deceptive trade practices, and other business-related matters. Mr. Oberman also represents clients throughout the United States in a wide range of practice areas, including mergers & acquisitions, partnership agreements, commercial real estate, entity formation, employment law, commercial leasing, intellectual property, and HIPAA/OSHA compliance.

Mr. Oberman is a national lecturer and has published articles in the U.S. and Canada.

LinkedIn

Oberman Law Firm

Oberman Law Firm has a long history of civic service, noted national, regional, and local clients, and stands among the Southeast’s eminent and fast-growing full-service law firms. Oberman Law Firm’s areas of practice include Business Planning, Commercial & Technology Transactions, Corporate, Employment & Labor, Estate Planning, Health Care, Intellectual Property, Litigation, Privacy & Data Security, and Real Estate.

By meeting their client’s goals and becoming a trusted partner and advocate for our clients, their attorneys are recognized as legal go-getters who provide value-added service. Their attorneys understand that in a rapidly changing legal market, clients have new expectations, constantly evolving choices, and operate in an environment of heightened reputational and commercial risk.

Oberman Law Firm’s strength is its ability to solve complex legal problems by collaborating across borders and practice areas.

Connect with Oberman Law Firm:

Company website | LinkedIn | Twitter

Tagged With: Advisory Insights, Advisory Insights Podcast, Compliance, employment law, employment trends, Oberman Law, Oberman Law Firm, Stuart Oberman

GNFCC Leadership North Fulton

February 23, 2023 by John Ray

Leadership North Fulton
North Fulton Studio
GNFCC Leadership North Fulton
Loading
00:00 /
RSS Feed
Share
Link
Embed

Download file

Leadership North Fulton

GNFCC Leadership North Fulton (GNFCC 400 Insider, Episode 83)

Three graduates of Leadership North Fulton, Margaret Shiver, GNFCC Leadership Programs Coordinator, Lalitha Alladi, Senior Associate with JMG Law Firm, and Ben Huard, Managing Partner at GO Agency, joined host Carisa Turner, GNFCC Sr. Director of External Affairs and Economic Development, to share their experience, highlights, and what benefits they’ve seen from the program. They also talked about what the future of LNF might look like as the community grows. They concluded with advice for others who might be interested in the program as well as where to apply.

The GNFCC 400 Insider is presented by the Greater North Fulton Chamber of Commerce and produced by the North Fulton studio of Business RadioX®.

Lalitha Alladi, Senior Associate with JMG Law Firm

Lalitha Alladi, Senior Associate with JMG Law Firm

Lalitha Alladi is an immigration attorney whose practice areas include family based and employment-based cases. Prior to joining JMG Law Firm, where Lalitha provides more personal attention to her clients, Lalitha practiced at a nationally renowned immigration firm and at international Fortune 500 corporations. In addition to focusing on bringing families together, she provides businesses with solutions to bring employees to the United States and maintain short-term and long-term work authorization.

Lalitha received her Bachelor of Science from the University of Florida in 2002 and her Juris Doctorate from Stetson University College of Law in 2005. She is licensed in both Florida and Georgia. Lalitha is the current President of the South Asian Bar Association of Georgia and Past President of the Florida Chapter.

Her involvement in these organizations has allowed her to serve as a Co-Chair during the Annual Naturalization Drives as well as lobby for policy change in Washington D.C. on issues such as H-4 dependent Employment Authorization. Additionally, she serves on the board of the non-profit, Shakthi US, which assists South Asian women who are survivors of domestic violence and empowers future generations of women and children. Lalitha is also an active member of the American Immigration Lawyers Association and National Asian Pacific American Bar Association.

LinkedIn

Ben Huard, Managing Director of GO Agency

Ben Huard, Managing Director of GO

With over 15 years of creative experience in the Atlanta market, Ben brings leadership, communication and a wide network to GO Agency. He is a highly motivated and accomplished creative professional. His vast experience includes over-delivery in CPG, startups and overseeing projects while successfully collaborating with clients & partners. He is proud to say that he believes in heart count, not head count.

Ben graduated from Keene State College with a BS in Graphic Design with a dual minor in Visual Communication and Art History. Ben believes that in order to do good work, a great attitude is crucial.

LinkedIn

Margaret Shiver, Leadership Programs Coordinator with GNFCC

Margaret Shiver, Leadership Programs Coordinator with GNFCC

Margaret Shiver joined the Greater North Fulton Chamber as the Leadership Programs Coordinator in 2022. In this role, she oversees the organization’s leadership programming, including Leadership North Fulton, Emerging Leaders Program, LNF Alumni Association, and Mentor Match.

Before joining the Chamber, she spent 15 years in the education and mental health field, including working as a high school counselor at The Cottage School, building her own private counseling practice, and working with kids in DFCS, foster care, and various hospitals in Metro Atlanta.

She is a graduate of the Leadership North Fulton Class of 2018 and has held various leadership roles in the community, including serving on the Young Professionals Advisory Council at The Drake House and leading volunteer groups with local churches and nonprofits. In addition, Margaret has spoken at many workshops for parents and local church leaders, using her counseling experience to help people build upon their personal and professional growth.

Margaret earned her B.A. in Psychology from Georgia College & State University, her M.S. in
Rehabilitation Counseling from Georgia State University, and is a Licensed Professional Counselor in the
state of Georgia. She was born and raised in Lawrenceville, and currently lives in Alpharetta.

LinkedIn

 

About GNFCC and The GNFCC 400 Insider

Kali Boatright, President and CEO of GNFCC

The GNFCC 400 Insider is presented by the Greater North Fulton Chamber of Commerce (GNFCC) and is hosted by Kali Boatright, President and CEO of GNFCC. The Greater North Fulton Chamber of Commerce is a private, non-profit, member-driven organization comprised of over 1400 business enterprises, civic organizations, educational institutions, and individuals.  Their service area includes Alpharetta, Johns Creek, Milton, Mountain Park, Roswell and Sandy Springs. GNFCC is the leading voice on economic development, business growth and quality of life issues in North Fulton County.

The GNFCC promotes the interests of our members by assuming a leadership role in making North Fulton an excellent place to work, live, play and stay. They provide one voice for all local businesses to influence decision-makers, recommend legislation, and protect the valuable resources that make North Fulton a popular place to live.

For more information on GNFCC and its North Fulton County service area, follow this link or call (770) 993-8806. For more information on other GNFCC events such as this North Fulton Mayors Appreciation Lunch, follow this link.

For the complete show archive of GNFCC 400 Insider, go to GNFCC400Insider.com. The GNFCC 400 Insider is produced by John Ray and the North Fulton studio of Business RadioX®.

Tagged With: Ben Huard, Carisa Turner, chamber of commerce, GNFCC Leadership North Fulton, GO, JMG Law Firm, Leadership North Fulton, Margaret Shiver, Milton, North Fulton, The GNFCC 400 Insider

Thriving After Trauma: An Interview with Karen Nowicki, Phoenix Business RadioX® and Deep Impact Leadership Coaching & Consulting

February 23, 2023 by John Ray

Karen Nowicki
North Fulton Studio
Thriving After Trauma: An Interview with Karen Nowicki, Phoenix Business RadioX® and Deep Impact Leadership Coaching & Consulting
Loading
00:00 /
RSS Feed
Share
Link
Embed

Download file

Karen Nowicki

Thriving After Trauma: An Interview with Karen Nowicki, Phoenix Business RadioX® and Deep Impact Leadership Coaching & Consulting

What do you do when trauma hits you without warning? How do you recover personally? How do you hold it together for the clients you work for in your services practice? How do you get to a point where you can thrive again? Karen Nowicki, Phoenix Business RadioX® and Deep Impact Leadership Coaching & Consulting, joined host John Ray to discuss the trauma of her husband’s suicide attempt, what she did to cope with her own mental health challenges that followed, her decision to share her journey in detail, how she managed her two businesses through those difficult times, and much more.

The Price and Value Journey is presented by John Ray and produced by the North Fulton studio of Business RadioX®.

Phoenix Business RadioX®

Since 2017, Phoenix Business RadioX® has successfully launched, promoted, and produced over 1500 podcast episodes covering topics from BioScience Careers to High Tech Lending …and just about everything in between.

Website | LinkedIn | Facebook | Instagram

Karen Nowicki, Owner, iNudge LLC, Phoenix Business RadioX® and Deep Impact Leadership Coaching & Consulting

Karen Nowicki, Owner, iNudge LLC, Phoenix Business RadioX® and Deep Impact Leadership Coaching & Consulting

Karen Nowicki is the Owner of iNudge LLC, the parent company to Phoenix Business RadioX and Deep Impact Leadership Coaching & Consulting.

Executive Leaders and Business Owners hire Karen to accelerate their intrapersonal / interpersonal relationships and harness the power of a growth mindset.

Karen has spent over 30 years in corporate, small business and educational leadership roles and for the past 10 years has held an impressive private client list that includes c-suite leaders in a variety of industries, including: technology, medical, higher education, hospitality, and finance.

Karen is an impeccably trained Integration Coach with certifications in communications, facilitative leadership, mindfulness, trauma integration, tao healing, talent management, and strategic planning.

LinkedIn

TRANSCRIPT

John Ray: [00:00:04] And hello, everyone. I’m John Ray on The Price and Value Journey. And I am delighted to welcome Karen Nowicki. Karen is with Phoenix Business RadioX and Deep Impact Leadership Coaching and Consulting. And just a way of introducing Karen, what do you do if, not only in your professional services practice but in your life, trauma comes right out of the blue and drops right in your lap? And how do you hold it together and recover? And that’s what we’re going to be talking with Karen about today.

John Ray: [00:00:40] Karen is a successful author, speaker. She has her own coaching practice, as I mentioned. The name of that practice is Deep Impact Leadership Coaching and Consulting. Karen’s been an expert guest on regional television and radio shows. She’s a regular contributor to many print and online magazines, blogs for both business and education. And where I intersect with her proudly is that she and I are colleagues in the Business RadioX Network, and Karen’s the much smarter studio partner than I am, but she runs the Phoenix Business RadioX Studio. And Karen Nowicki, it’s just a pleasure to have this time to chat.

Karen Nowicki: [00:01:29] I’m excited to spend time with you, John. It’s usually a quick text or a phone call, how are you doing this, what’s going on here, between either one of us. And we have yet to ever meet in-person, but we’ve got to change that in 2023.

John Ray: [00:01:42] I look forward to that. Yeah. I want to correct that. So, let’s put that on our list for 2023. I like that.

Karen Nowicki: [00:01:52] Did I say ’23, too, I think? I meant 2023. If I said ’22, I can’t keep up.

John Ray: [00:01:58] Well, let’s get each other the right year. I’m not sure I said the right one. But I gave a little bit of an overview of you and your work. But like me, you have two different professional services businesses, so give everyone a little bit of an overview of that work.

Karen Nowicki: [00:02:16] Sure. Again, thank you for having me be with you and your listeners today or viewers. I have been referred to, for years, as the ultimate problem solver and solution finder. For the past 24 years, I’ve acquired advanced training and certifications in executive leadership, trauma integration, Tao Healing, and then organizational and personal development.

Karen Nowicki: [00:02:40] And it just made sense that while I was running my coaching practice – which you’ve mentioned a little bit – almost six years ago to open Phoenix Business RadioX and run that alongside it. And I’ll talk about why that was so important in a moment.

Karen Nowicki: [00:02:54] My greatest strength is the ability to help people understand what they need, what they want, and how to have that come together on a consistent and daily basis. Most of the time, it’s telling people and showing them how to get out of their own way. And I know the business of business as well as the business of people. And so, let’s face it, in any business, we’re always dealing with people.

Karen Nowicki: [00:03:19] And so, it just made sense, Business RadioX was a wreath on my door and an opportunity for me to kind of elevate my exposure as a leader when it comes to personal and professional development. And I haven’t ever looked back and regretted the decision. It’s been hard to run both businesses at times, especially these last couple of years. But I’m doing it and I’ve got the right team to help me now.

John Ray: [00:03:45] Yeah. That’s terrific. I’m curious for you – and we’ve talked a little bit about this, but for our listeners – why later on Business RadioX specifically, and that work among all the other things you could have done next to your coaching practice?

Karen Nowicki: [00:04:03] It’s a great question. I think it’s an important one for you and I when we encourage people to take on podcasting or B2B radio in their businesses, because not everybody understands why at Business RadioX we do the things that we do it or the way we do it.

Karen Nowicki: [00:04:18] So, six years ago I had sold a business, and it gave me the leverage to hire a coach and think about how do I want the next layer of my career to be. And, also at the same time, gave me the leverage to open an auto mechanic shop for my then husband. So, I went to my coach and I said I continue to work with professionals. These were attorneys, doctors, successful entrepreneurs and business owners, typically highly visible in their industries and was coaching them at a very soulful, personal, and professional level. And yet they weren’t referring me like other people were, the general laypeople.

Karen Nowicki: [00:04:58] And I knew that I was making a huge difference in their lives because I was always the one they were texting saying, “Thank you. I finally solved that problem at work. I finally hired the right teammate. My husband or my wife and I are getting along better. I had you sit on my shoulder when I had those conversations.” Like, all that acknowledgement told me that they were stepping into their life and leadership in an incredible way and I got to be the catalyst and the help to kind of either nudge or shove them into that depending on what they needed. And yet they weren’t referring to me.

Karen Nowicki: [00:05:32] And so, my coach said, “Well, go ask them. These are people that you’ve gotten to know and they really care about you. And clearly, you’re making a difference.” Their feedback to me, John, was, “Well, why would I tell anybody you’re my best kept secret. Like, you’re my secret weapon.” And they weren’t interested in telling me.

Karen Nowicki: [00:05:47] And that was difficult for me to hear because at that time my coaching practice was referral only, which is a mistake, but it’s how I built it. I didn’t understand marketing and advertising nor did I want to do it. And I really have never liked the sales part of things.

Karen Nowicki: [00:06:06] And so, my coach challenged me to maybe consider a podcast. And at first I thought that was an awful idea. I quickly, within two hours of research, came across Business RadioX. And I could just tell that they were or we are doing things differently. It’s about the story and shine the spotlight on someone else. So, I thought, I can do that.

Karen Nowicki: [00:06:28] And within a week, was in Atlanta visiting with Stone and Lee, following them around and paying attention to what they’re doing. And by the time I flew home about four days later, I had made the decision to open Phoenix Business RadioX so that I could show up among our leaders in the Metro Phoenix area, have conversations about what’s important to them, their industries, their verticals, their decisions, their initiatives. And in exchange, have an opportunity to get to know them at a really deep level. And then, in turn, be able to say, “Here’s what I do outside of Business RadioX. If you know anybody who’s struggling with personal growth or professional development or leadership or finances, whatever it is, have them have a conversation with me.”

John Ray: [00:07:13] You know, it’s amazing what you can do with a mic, isn’t it? I mean, that’s terrific. Well, I want to get right into your story, Karen, or the reason we’re doing this show in terms of the trauma that hit you and your now former husband, Mike. I want you to share whatever piece of that you want to share and how you want to share that story.

Karen Nowicki: [00:07:38] Yeah. It’s not an easy conversation to share and it’s also not very easy for people to listen to. Back in 2019, my then husband attempted suicide and survived gunshot wound through his head. It was a total surprise to me. We closed his auto shop and we unraveled the mystery of how did this all happened while he was lying in the trauma intensive care unit for the first month of his recovery. I came to see that there was addiction and gambling and just really a lot of mental health challenges that weren’t as evident as they were. We had been together for 15 years, the love of my life.

Karen Nowicki: [00:08:27] And I struggled to get up everyday. I struggled to help our then 12 year old kind of make his way through it. I have two older kids as well who very much loved and cared for Mike and they were trying to make sense out of it. They were living out of the house, already adults.

Karen Nowicki: [00:08:45] And being so visible in our community already because I have had Business RadioX up and running for then almost two-and-a-half years, and the way in which I show up in social media even before this, is kind of I’m visible, here are the situations, the struggles, the challenges that I go through, I decided that I was going to tell the story while it was happening.

Karen Nowicki: [00:09:10] That was, I’ll say, a divine download. I woke up one morning and what was on my heart and in my head was you will tell this story as it’s happening. And I thought, “Oh. You can’t ask me to do that.” I was in trauma. I was in crisis. I wanted to just pull the sheets over my head and just disappear. And yet the next thought that I heard was, “I’ve prepared you your whole life for this.” And I thought, “Well, that’s a crappy way. Why would that ever be part of my story?” Because I pride myself on knowing people so well, and helping people, and getting really clear about soulful self-reliance and deep impact leadership, how could I end up with a partner who went to bed with me every night, that was the love of my life, end up wanting to take his own life?

Karen Nowicki: [00:09:59] So, long story short, Mike and I are no longer together. He wasn’t willing to or wasn’t capable of, I think is more more appropriate to say, to do the work it required to be a healthy whole unit between he and I and then, of course, our son. And it just made more sense safety-wise, mentally, physically, emotionally for Ivan and I to be on our own. I do know that he is now with his family in a different state. They’ve chosen not to have anything to do with us, which is heartbreaking. And at the same time, I continue to recover from that, all the while keeping both businesses open and being very vocal about my own mental health journey throughout this chaos and trauma and that of my sons.

John Ray: [00:10:46] Wow. A lot there. Let’s talk about the processing, the idea that all this was going on with your life partner and you had no idea. I mean, in terms of just the mental health struggles and then the financial issues and other issues that you talked about that were going on, how did you process just getting hit by this out of the blue?

Karen Nowicki: [00:11:16] I would like to say people will tell me that I processed it really well. And my first reaction is, “No. No. I didn’t.” When we fall into trauma or chaos, we go into the fight, flight, or freeze, or fawn mode and we’re now using a different part of our brain just for survival. So, a lot of it really, John, is a blur. Even though I was writing daily on our CaringBridge page and then, of course, on social media, it was really a therapeutic opportunity for me to try to make sense out of everything.

Karen Nowicki: [00:11:47] Mike and I were both building our businesses at the same time. Phoenix Business RadioX was brand new, so is his auto shop. And one business alone for a family is difficult in those early startup days, you and I both know that, let alone two. So, while I felt like we were grounded and corrected – excuse me – grounded and connected, he had his set of challenges and expenses and I had mine. And so, I knew he wasn’t feeling well physically. I was oblivious to – because he wasn’t willing to share it – what was going on mentally.

Karen Nowicki: [00:12:21] And I think that’s the most important call out here for our listeners and our viewers. Not everybody, one, knows when they’re struggling mental health-wise. And even if they do, there’s so much stigma and so much fear about saying to somebody I am not well, I am not doing well and I need help. Like, for Suicide Prevention Month and even just mental health awareness, we always say I’m there for you, be on the lookout for clues and that sort of stuff.

Karen Nowicki: [00:12:53] And I will tell you, I think we are very good at hiding that stuff, which is part of why I’ve told my story so vocally and so visibly, because my story is no longer Mike’s story, nor was it even when it was happening. I had to deal with my own mental health. And so, I just got really good about asking for help and being very candid, “I feel like crap right now” or “I don’t even know which way is up.”

Karen Nowicki: [00:13:20] And always continue to have faith. I said to you earlier today before we got on the interview that the universe always has my back. And I believe that for all of us. If we can hold on to hope, we can get through anything. And I always knew that at some point beyond that threshold of chaos and craziness and be, fortunately, where I am today, even though the fog has just finally lifted the last couple of months.

John Ray: [00:13:44] Well, I want to dive into that a little more, the universe has my back. What are the beliefs that underlie that statement that you have?

Karen Nowicki: [00:13:55] For me, it’s faith-based. I don’t attend a church any longer. I grew up Catholic and have always been a very soulful, spiritual person, very led by a belief in a higher power. And even though life has proven to give me challenge after challenge, business and career, and marriages, and even challenges with kids, and health, and all that stuff, I continue to give that over to a higher power. And when I say the universe has got my back, I don’t know that it matters what faith we have or if we have any faith as long as we believe that there is something better on the other side of a challenge.

Karen Nowicki: [00:14:37] And so, every time I have a challenge, small, medium, or large, I just know where’s the growth, where can I learn more about me, learn more about me and how I show up in the world that I can take into this next iteration of where I’m going after, this stuff is behind me.

John Ray: [00:14:56] So, when all this happened with Mike, you decided pretty quickly that your response needed to be journaling, sharing what you had. And we’re not talking about private journaling. I mean, we’re talking, really, about online journaling. You can explain more about what I mean by that. But what was the genesis of that decision for you?

Karen Nowicki: [00:15:21] Again, I will tell you that it wasn’t my decision. I know that might sound crazy. But in my meditation practice and the way in which I just am very soulfully self-reliant, I listen very deeply to what my soul needs and how I’m supposed to show up in the world. So, I know that gets a little bit woo, but there you go. So, very early on within three or four days, again, I woke up and I just knew that I was being called from a higher place to journal and share publicly what was going on for me. And it was a survival mode.

Karen Nowicki: [00:16:04] My son said it recently that it was a way for me to survive and thrive versus a way for me to story tell and get attention. It doesn’t fit with everybody’s narrative. You know, there’s a handful of people, my family included, thinks I did it for attention and did it just to further my career. If that were that, I literally would have kept the sheet over my head, put a padlock on the door, and said, “I’m done. I’m out.”

Karen Nowicki: [00:16:30] And so, I asked three friends to read every entry that I wrote for CaringBridge – that, again, was repeated on social media – so that they could look at it through three layers. One, am I taking care of myself in this? Are you reading it to where you can hear that this really is me trying to find my way through the chaos and make understanding of what’s happening to the degree that I can?

Karen Nowicki: [00:16:53] Two, is it being respectful of Mike and his family and his journey? Because at the time, while I wanted us to be together forever, that was the plan, I never would have guessed that it would not have turned out that way. And yet I knew that at some point he would likely be in a position to be aware that I told the story as it was happening. So, was I respectful to him and his family and his journey? And then, the third piece was, if there could be a nugget for other people who are watching and listening and reading, is that opportunity there for someone to have a takeaway?

Karen Nowicki: [00:17:21] So, all, but I think one journal over the course of probably nine months journal entries, was there ever a sentence that came back? And my very best friend, Julie, came back and said, “This is the only sentence that I’m not sure where you’re coming from on this. It sounds more like ego than anything else. Can you reword it or pull it out?” And with that, I did. That was the only time. The rest of the time it was, “Oh, my gosh. Karen, this is what I’m getting from it and I know this is going to make a difference. And I can hear you getting better and healing as you go through this.”

Karen Nowicki: [00:17:49] So, less of a decision, John, and more of a calling. Which, I think, again, our viewers and our listeners for this particular show, if they’re entrepreneurs and business owners, even solopreneurs, we don’t come into our businesses lightly. We come into it, I think, oftentimes, because we have a calling to do something that’s bigger than us.

John Ray: [00:18:12] Right. Yeah, for sure. Now, this is the part of the story that I’m not sure that I’ve heard before, that you had three trusted friends that knew you quite well, that they sound checked it, I guess maybe is the word, right? They sound checked to make sure that the Karen they knew was speaking.

Karen Nowicki: [00:18:37] Yeah. And this was well before any of the immediate family started attacking and wanting to manage what I was saying and would rather have me be quiet. I just knew that I was fairly visible in our community anyway already. I’d already talked about post-partum depression when my kids were younger, and changing careers, and what is it like to be fairly visible and that sort of stuff, getting older, those kinds of things, even body image and those choices, and how I can grow to love myself more.

Karen Nowicki: [00:19:18] So, knowing that I had already been through all that and sharing in that way, I knew I needed to have people, not fact check, but just sound check and make sure that I was doing it from a place of, first, caring for myself; second, being respectful of Mike and his journey, wherever that would take him; and third, can people hear it from a place of what’s in it for me.

Karen Nowicki: [00:19:39] And it’s proven to be one of the most amazing things I’ve ever done. I hear, still, from people three years later how much I’ve changed their life or the lives of their loved ones. I would say, and I think only firefighters and medical professionals get to say this, I know there are at least eight people whose lives I’ve helped save because they either read or someone read to them the accounting of what I was going through as a dear casualty of somebody who wanted to leave this earth before their time.

John Ray: [00:20:15] I would love it, Karen, if you would share one of those as an example. You know, obviously, we’re not going to mention names or anything like that, any identifiers. But if you could just share an example of one of those stories.

Karen Nowicki: [00:20:30] I can. So, we’re here in Arizona. I had a high school friend reach out through Facebook and mentioned that she was going to be in town – this has been, oh, probably a-year-and-a-half ago – and would I be open to coffee. And we don’t know each other well. We see each other at reunions and, of course, on social media, thumbs up, or a little like this, like that. And I said, I’d love that. And so, I waited at the coffee shop for her to arrive maybe three or four minutes early. And as she’s walking from the parking lot, we smiled at each other.

Karen Nowicki: [00:21:00] And as she’s getting closer, I watch her face change and she starts to get teary eyed. And I was not prepared for that. We gave each other a big hug and she said, “I’m so grateful that you’re sitting down and meeting with me. I need to tell you how much you’ve impacted my life and the life of my fiancé.”

Karen Nowicki: [00:21:18] Now, we’re not spring chickens. We’re celebrating our 40th high school reunion this year, so we’re in our late 50s. And so, this is somebody that I knew as a young girl and have seen at reunions. And she’s in a relationship now. I believe they’re engaged, maybe even married now, a couple of years after we met over coffee.

Karen Nowicki: [00:21:39] And she said that her then partner was struggling with mental health, depression, suicidal ideation. And as she read what I was sharing, being his beloved partner, it was ripping her apart that that could be her and she didn’t know how to handle it. He was unwilling at the time to get professional help. And so, she started reading these entries to him aloud. And I don’t know how soon, but I think within four or five entries, he ended up agreeing to go get professional help by himself and also couples counseling for the two of them.

Karen Nowicki: [00:22:16] And she said I just knew that the anguish and the difficulty that I was sitting in, not having a clue what happened, not having known how to help, and having a partner who refused to get help until it was too late, and even now not getting the help, she just knew that she had to share that. So, I hope that’s kind of the example that you’re looking for.

John Ray: [00:22:43] Wow. That’s tremendous. And there’s no telling what has happened without you even knowing about it. And this is just what you know about in terms of the people that you have impacted by sharing your story so truly authentically.

Karen Nowicki: [00:23:03] Yes. There was no other choice. And now it’s interesting, again, I’m beyond it. We have not been married for over a-year-and-a-half now. And I want to continue to be a beacon of light for people, and it has to be authentic. So, I’m just kind of looking for what’s happening in my life that I can continue sharing.

Karen Nowicki: [00:23:26] You alluded to this, there was catastrophic financial loss that I was not even aware of had already taken place. And so, even though I’m 58 years old, it’s like I’m 23 years old, starting over again and keeping both businesses afloat. I’m so grateful for the community providing some financial support when we were in the midst of the chaos. I have a very dear friend who recently invested in my business so that I could get to the next level with teammates and that sort of thing.

Karen Nowicki: [00:23:55] And, yeah, I feel very grateful that I’ve been willing to get out of my own way and also share that part of the story to help other business owners and individuals who, again, sometimes we think that we’re the only person. I always say, people think that they’re terminally unique. And we’re not. We’re all looking for validation that we’re okay, and that we’re enough, and that we can contribute in some way. We’re all designed fairly similarly, whether we’re an introvert or an extrovert or anywhere in between, we just want to know that we’re here for a reason.

John Ray: [00:24:31] Since you brought up introvert and extrovert, we were talking about this before we came on, you know, the typical listener of this series is a solo and small professional services practitioner, most of whom are introverts as a general proposition. And I can hear the introverts saying, “I can’t believe that Karen shared what she shared.” What do you say to somebody that is thinking that and thinking I’m a private person and there’s no way I could do what you’ve done, Karen?

Karen Nowicki: [00:25:12] Well, stay private. I realized that that is one of my unique – I don’t know what it is – call it a curse or a blessing. One of the unique gifts that I bring to this world is the ability to tell people how I’m feeling as it’s happening. And not everybody can do that publicly.

Karen Nowicki: [00:25:32] However, it’s important to share your story with someone. And when people are fortunate to be in relationships, marriages, or long term friendships where they can really show up authentically as who they are and let someone know when they’re struggling and challenged and they’ve got the right support structure, that’s great.

John Ray: [00:26:16] And I don’t want to make this into something that’s a little crass like personal brand, but I think people hear that and they hear authenticity and showing up. But there’s showing up as – I’ll call it – the made up you. They’re showing up as the Real you. And I mean the capital R, Real you. That’s what you did.

Karen Nowicki: [00:26:58] Yeah. And there’s a way to do that, no matter who you are. This is not about airing your dirty laundry, just to do that, right? Just speaking authentically from a place of some of the challenges, whether it be business, or raising children, or moving to a new location, or the next level in your business, whether you’re introvert or extrovert, I don’t think that matters. As leaders, we’re called to show up authentically and everyone has their own pace and cadence for that.

Karen Nowicki: [00:27:30] That’s one of the neatest things that you and I can offer with Business RadioX, our story matters. And people want to hear what we’ve been through, what challenges do we have, what hurdles did we have to overcome, when did you think you’re going to quit and give up, and what got you through that to to be where you are today, what’s the next challenge that you’re faced with right now going into 2023. Those answers can be from the cuff and they can be from the heart.

Karen Nowicki: [00:27:57] And I think that’s one of the greatest things that Business RadioX has to offer people and with the work that you do, John, with your clients. People need to get out of their own way, myself included. So, I have coaches and guides. When it comes to sales, when it comes to marketing and advertising – I mentioned that early on – those are areas that I’m not well-equipped at and good at. And yet I show up because I’m listening and I’m learning and I’m paying attention to the people who do it better than I can. And they’re helping me learn how to do it for me in a way that it feels real and authentic to me.

John Ray: [00:28:33] So, let’s talk briefly, if we can, just the whole idea of you obviously had to hold yourself together, your relationships together, your children as they navigated this trauma that came out of the blue for them as well. But let’s talk about your businesses and just how you held it together. Because you’ve got to show up for clients and you’re a coach and you’ve got to bring something for that client that’s sitting in front of you with their own issues that may have nothing to do with what you’re dealing with. How did you do that?

Karen Nowicki: [00:29:23] I’m grateful that I had a couple different income streams. So, I think that’s important when we look at it from that perspective of we’re relying only on one avenue of income and it’s solely dependent on us, we’re in trouble. I was fortunate that I could very quickly hire someone to run the studio for me. And with very little direction, she took it over for me. So, that part of my business was handled.

Karen Nowicki: [00:29:49] I did step away from the intimate coaching for a little bit of time because I was no good for anybody, so being able to admit when I needed to step away. And, again, grateful that I had this other business running so that there was still the income.

Karen Nowicki: [00:30:07] As far as working with clients, both here at Business RadioX and in my coaching practice, I had already built enough strong enough relationships just in caring for people deeply and giving them permission to care for me back. That when I was ready to come back into the field full force, I could simply make those calls and send an email and say, “Hey, listen, I’m ready. Here’s the kind of clients that I enjoy working with. If you’re ready to come back and work with me, I’d love that. If not, if you’ll be a referral source for me.”

Karen Nowicki: [00:30:36] So, I think the theme for both of my businesses is when we care deeply for people and we allow people to care deeply for us, the universe works on our behalf. Things will come our way when we know that we are really a force for good.

John Ray: [00:30:53] You know, it strikes me as I’m listening to you talk, Karen, and again, I’m getting back to just what you decided to share. I mean, you did that as your own personal source of healing. It strikes me how generous that is, because you could have kept all that to yourself. You could have written what you wrote, pass it along to your three close friends, let them look at it, and just deep sixed it and kept it private. But there was a mission to what you were doing, and it was an act of pure generosity, it seems like to me, because you were willing to take whatever came your way in terms of the consequences of doing that, which, for you, were severe.

Karen Nowicki: [00:31:49] That’s very sweet of you to say. I don’t think I’ve ever heard anybody refer to it as generous, so thank you. It makes me a little overwhelmed.

Karen Nowicki: [00:32:00] It was a survival mechanism. It’s not something I wanted to do. I wanted to be like the rest of the world on social media and who’s visible and just the highlight reel. And, unfortunately, I didn’t get to share that. So, it was a survival technique. It was the only one that I had available to me. And I just listened.

Karen Nowicki: [00:32:26] And I think when we’re being called to do anything in our life, business or personally, and we have that – I’ll call it – nagging voice in the back of our head – mine sometimes sounds like a nag, a nag or a nudge – I’ve just learned in my life that it’s that voice and that nudge or that nag that’s constantly humming in the background that I’ve got to pay attention to. And, again, I have to just trust that I’m going to find my way through why it is that we do the things that we’re called to do.

Karen Nowicki: [00:32:57] And I love that you’ve shared that it felt generous. It makes me feel very hopeful and appreciative that you’re paying attention.

John Ray: [00:33:06] Well, thank you. Well, see, there’s a difference, to me, between help and trying to help people. Because sometimes help has strengths, right? I mean, it can come back in ways that maybe we don’t acknowledge, but it comes back in ways to benefit us. But when you’re doing what you were doing, knowing that you likely would suffer in some way from it, and you did, then that really gets beyond help into generosity, and that’s why I say that.

Karen Nowicki: [00:33:39] And my Business RadioX family or our Business RadioX family was there for me every step of the way, all of you. And we were fairly new in relationship. I’d only had the studio, I want to say, for – what? – a-year-and-a-half, maybe two years, and, again, at a great distance. I’m way over here in the Southwest and you guys are all in the Atlanta area. We’ve grown a lot since then as a team. And I never felt like there was a time that I couldn’t pick up the phone or text or email and say I need some help. And I didn’t have to rely on that very often. But when I did, everybody rose to the occasion.

Karen Nowicki: [00:34:16] Which, again, for our listeners, for this particular group of people who might be interested in a conversation like this, even though you are a solopreneur and you are at the helm, bring people in your life, invite people in your life, the coach, the guide, the mentor, possibly a partner, certainly your clients and your customers – find the win-win-win for everybody – all the stakeholders. So that, again, it’s a richer and more viable experience and it will have legs.

John Ray: [00:34:48] Yeah, for sure. And, really, one aspect of what you’re talking about is digging the well before you’re thirsty. I mean, you had that support structure before this happened. And when it happened, you were ready, you had prepared.

Karen Nowicki: [00:35:06] I have a friend who just had a 20 pound tumor removed from her stomach. We’re hoping that it’s not cancer. It doesn’t look like it’s going to be. And I just went and visited her on Sunday. Also, a business owner, a longtime solopreneur. And now she has a team of 20 people on her team, which is amazing. And she said just that, John, “I had no idea how the community and people in my life would respond when I needed help and I was laid up. And I’m so grateful that I built a business that didn’t rely just on me. That I got smart a couple of years ago and started building it so that more stakeholders could benefit in profit and we could help more people.”

Karen Nowicki: [00:35:46] And very different situation for me, but she said the exact same thing, “I am so overwhelmed by the amount of love and support and outpouring for people just being a champion of me. I can’t help but wonder why.” And we both laughed at each other and said, “Well, it’s because you show up that way for other people and that’s truly who you are.” So, yes, I love the way that you put that.

John Ray: [00:36:08] Yeah. Yeah. Wow. Shoutout to her and her healing, for sure. So, one of the things that has stood out to me recently, speaking of things we post on social media, is you’ve been using this hashtag I want to know about, so it’s #traumainformedworkplace. Now, what do you mean by that? What does that term mean? And is that looking ahead toward trauma that might occur? Is it looking backward? What are we talking about there, Karen?

Karen Nowicki: [00:36:43] So, it’s not my term. I didn’t make it up. A lot of people use it, especially now that COVID has been something that’s really knocked us all off of our A-game. And I come at trauma informed workplaces a little bit different. A lot of folks will go into companies, enterprises, medium size, small businesses, public education, wherever, and they will have hour long talks, sometimes half-day seminars, even three or four days, certification programs around how to be aware of where trauma might be impacting the way we show up in our life and businesses. That’s all well and fine. I would say that’s layer one. Let’s be aware that trauma is part of what’s happening in the background all the time.

Karen Nowicki: [00:37:34] So, the angry executive or the pissed off client or the employee who doesn’t show up for work day after day or they’re there but they’re not really high functioning, it’s likely that something traumatic has happened either recently or from the past that they haven’t dealt with. And in the work that I do with clients, I help people get the shock out of their body in a variety of different ways. But the body keeps score, and if we don’t clear the shock out of our body, it will inform our decisions. And we’re still in fight, flight, or freeze, or fawn mode. And fawn is maybe a new word for a lot of people. Fawn is an over caregiver and I’m taking care of everything but myself – that would be fawning – and kind of grappling for the attention and needing the visibility.

Karen Nowicki: [00:38:23] So, layer one is let’s just be aware of what trauma is, how it impacts our brain, and how it shows up in conflict. And let’s make sure that as a trauma informed workplace, we have a way to handle that and deal with that culture-wise and team-wise. That’s all well and fine.

Karen Nowicki: [00:38:39] And then, this next layer that I work with, with individuals and business owners that come to my practice and work with me, it’s let’s have you heal your trauma and re-integrate it so that your decisions, the way you show up in your marriage, your friendships, your business, your leadership, the way in which you work with your stakeholders, you’re standing in the present moment with all your faculties about you. You’re aware that you have a past, some of it may have been kind of sucky, some of it may have been great. But the decisions you’re making today are in alignment with who you are today. And you’re not having to look over your shoulder out of reaction or response.

Karen Nowicki: [00:39:16] Now, it’s a long winded answer, but there’s a lot to trauma, and I think we’re finally starting to have conversations about it so that we can be there at a higher level for each other, and most importantly for ourselves.

John Ray: [00:39:30] Yeah. And that shows up differently, as you said, for each of us. And the question is having conversation and being open about that and creating an environment where people can be open.

Karen Nowicki: [00:39:43] Safe, right? And we’re talking about trials. There’s personal trauma. There’s also historical trauma. There’s legacy trauma, familial, family trauma. And we all carry a little bit of that with us without even knowing it. So, we’ve got to come to better understand how does that come and show up in our communication or our lack of communication, and how can we have compassion, respect, and autonomy with each other.

John Ray: [00:40:11] So, Karen, you’ve been really generous with your time, and you’re busy, you got a lot going on.

Karen Nowicki: [00:40:18] My producer just walked by the window and was going to come in and get ready for our show, and he’s like, “Whoops. I can’t go in there yet.”

John Ray: [00:40:24] He’s like, “Hey, we got other things to do here.” But before we let you go, though, I would love it if maybe you could share one final takeaway. You know, as listeners absorb your story, what should they hold on to from your story that could help them in their personal lives and in their business lives?

Karen Nowicki: [00:40:49] So, we heard a couple of times that phrase, a couple of times, and you just said it to me as you’re kind of handing this for my final word, everybody’s story matters. Therefore, your story — like you’re lacking or you deficit, those are just stories that you tell yourself that you can change your story. Our stories and our past matter, and they don’t have to fully define us. So, take care of yourself, mental health, physical health, self-care, all of that is not underrated.

Karen Nowicki: [00:41:22] And it’s not just going to a spa once a month or getting your manicure, pedicure, or going to see your chiropractor, once a year checkup. It is daily practices that help you become the best version of you, so that when you look in the mirror everyday, you like the person that you see looking back at you. And that filters into every aspect of your life, most particularly those of us who are solopreneurs and entrepreneurs and business owners, we’ve got to get that together or we’re going to find ourselves struggling when it comes to financial wellbeing and the success of our businesses.

John Ray: [00:41:57] And, folks, if you need help with that, I know a coach that can help you. So, that gets us to the most important question, maybe, which is how folks can get in touch with you, Karen, that would like to know more maybe about your coaching practice, but just maybe they’ve got to download their own trauma around suicide.

Karen Nowicki: [00:42:20] Absolutely. I would love to help even if just a conversation. If we’re not a right fit for each other, I can refer you to other people. I do see people here in-person in the Metro Phoenix area. And I also have just as many clients – actually, maybe even more – that we do FaceTime or Zoom from the comfort of their office or their home. So, happy to be of support.

Karen Nowicki: [00:42:39] I am on LinkedIn, Karen Nowicki or Phoenix Business RadioX. I am just now finally working on a website for Deep Impact Leadership. So, the best way to reach out to me right now is through LinkedIn. Or my email address is karennowicki2007@gmail.com if you want to reach out personally. Or reach out to John and he’ll direct you to me, and we’ll have a conversation, just a discovery and see where I can best support you if I am the right person for that.

John Ray: [00:43:08] Terrific. Karen Nowicki, wow, I’m just honored to have you as a friend. And thank you so much for your great work and how you are helping people in such a generous way. Thank you.

Karen Nowicki: [00:43:23] You’re welcome, John. Thank you for letting me share this time with you.

John Ray: [00:43:26] Absolutely. Hey, folks, just a quick reminder as we wrap up here, pricevaluejourney.com is where you can find out more on this series, you can find the link to the show archive. And you can also sign up to get more information on my upcoming book coming out this summer called The Price and Value Journey – ironically enough – Raising Your Confidence, Your Value, and Your Pricing Using The Generosity Mindset Method. So, if you want to know more about that, you can sign up for updates on when that’s coming. And with that, thanks again to Karen Nowicki for joining us. I’m John Ray on The Price and Value Journey.

 

 

About The Price and Value Journey

The title of this show describes the journey all professional services providers are on:  building a services practice by seeking to convince the world of the value we offer, helping clients achieve the outcomes they desire, and trying to do all that at pricing which reflects the value we deliver.

If you feel like you’re working too hard for too little money in your solo or small firm practice, this show is for you. Even if you’re reasonably happy with your practice, you’ll hear ways to improve both your bottom line as well as the mindset you bring to your business.

The show is produced by the North Fulton studio of Business RadioX® and can be found on all the major podcast apps. The complete show archive is here.

John Ray, Host of The Price and Value Journey

John Ray The Price and Value Journey
John Ray, Host of “The Price and Value Journey”

John Ray is the host of The Price and Value Journey.

John owns Ray Business Advisors, a business advisory practice. John’s services include advising solopreneur and small professional services firms on their pricing. John is passionate about the power of pricing for business owners, as changing pricing is the fastest way to change the profitability of a business. His clients are professionals who are selling their “grey matter,” such as attorneys, CPAs, accountants and bookkeepers, consultants, marketing professionals, and other professional services practitioners.

In his other business, John is a Studio Owner, Producer, and Show Host with Business RadioX®, and works with business owners who want to do their own podcast. As a veteran B2B services provider, John’s special sauce is coaching B2B professionals to use a podcast to build relationships in a non-salesy way which translate into revenue.

John is the host of North Fulton Business Radio, Minneapolis-St. Paul Business Radio, Alpharetta Tech Talk, and Business Leaders Radio. house shows which feature a wide range of business leaders and companies. John has hosted and/or produced over 1,700 podcast episodes.

Coming in 2023:  A New Book!

John’s working on a book that will be released in 2023:  The Price and Value Journey: Raise Your Confidence, Your Value, and Your Prices Using The Generosity Mindset. The book covers topics like value and adopting a mindset of value, pricing your services more effectively, proposals, and essential elements of growing your business. For more information or to sign up to receive updates on the book release, go to pricevaluejourney.com.

Connect with John Ray:

Website | LinkedIn | Twitter

Business RadioX®:  LinkedIn | Twitter | Facebook | Instagram

Tagged With: coach, Deep Impact Leadership Coaching & Consulting, executive coach, iNudge LLC, John Ray, Karen Nowicki, Phoenix Business RadioX, Price and Value Journey, pricing, professional services, professional services providers, solopreneurs, Suicide, suicide awareness, surviving trauma, thriving after trauma, trauma, value, value pricing

  • « Previous Page
  • 1
  • …
  • 83
  • 84
  • 85
  • 86
  • 87
  • …
  • 275
  • Next Page »

Business RadioX ® Network


 

Our Most Recent Episode

CONNECT WITH US

  • Email
  • Facebook
  • LinkedIn
  • Twitter
  • YouTube

Our Mission

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

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

Sponsor a Show

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

Partner With Us

Discover More Here

Terms and Conditions
Privacy Policy

Connect with us

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

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

© 2026 Business RadioX ® · Rainmaker Platform

BRXStudioCoversLA

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

BRXStudioCoversDENVER

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

BRXStudioCoversPENSACOLA

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

BRXStudioCoversBIRMINGHAM

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

BRXStudioCoversTALLAHASSEE

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

BRXStudioCoversRALEIGH

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

BRXStudioCoversRICHMONDNoWhite

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

BRXStudioCoversNASHVILLENoWhite

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

BRXStudioCoversDETROIT

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

BRXStudioCoversSTLOUIS

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

BRXStudioCoversCOLUMBUS-small

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

Coachthecoach-08-08

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

BRXStudioCoversBAYAREA

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

BRXStudioCoversCHICAGO

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

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