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The Wealthy Consultant Talks Podcast

Latest episodes

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May 7, 2024 • 23min

#68 - "Hiring & Managing Rockstar Virtual Assistants" with Mike Walker & Kathy Jones

In this episode of TWC Talks, host Mike Walker interviews Kathy Jones, a member of the TWC team, known for her expertise in managing remote support teams, particularly virtual assistants (VAs) from the Philippines. Kathy discusses her journey into the world of virtual teams, starting from a need to scale customer support for a growing business. She shares insights on when businesses should consider hiring a VA, emphasizing tasks that are essential but not direct revenue drivers. Kathy highlights the importance of communication, setting clear expectations, and creating efficient processes to manage a remote team effectively. The discussion also covers the cultural and operational nuances of working with VAs from the Philippines, including compensation practices and the benefits of creating a virtual office environment for enhanced team collaboration. Kathy's agency, RCFH Agency, has successfully scaled to support a wide range of clients by leveraging the skills and dedication of 124 virtual assistants, showcasing the potential of virtual teams in today's global business landscape.Enjoy the episode and check the links below for more info & ResourcesGet an inside look at how to get involved with The Wealthy Consultanthttps://wealthyconsultant.com/Our Monthly Printed Memos - Free Trialhttps://consultingmemo.com/optin-568134011666363883437See our Portfolio of Brands https://welchequities.com/Get to know more about RCFH Agency: https://www.rcfhagency.com/OVERVIEW: (00:00) TWC Talks Podcast with Special Guest Kathy Jones(00:52) The Role and Impact of Virtual Assistants in Business(01:56) Kathy's Journey with Virtual Teams and Building a VA Agency(03:34) Identifying When You're Ready for a Virtual Assistant(05:02) The Broad Spectrum of VA Roles Across Industries(06:07) Common Pitfalls and Misconceptions in VA Onboarding(08:24) Finding and Training Your First Virtual Assistant(11:42) Creating a Virtual Office Space for Team Collaboration(13:18) Managing Virtual Assistants Across the Globe(17:53) Understanding VA Compensation and Cultural Nuances(20:38) Wrapping Up: The Value of Virtual Assistants and How to Connect
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Apr 30, 2024 • 13min

#67 - "The Power of Consistency & How To CRUSH The Competition"

In this episode of TWC Talks, host Mike Walker introduces a unique segment featuring a clip from Taylor Welch's program 'The Arena,' emphasizing the critical role of mindset in business success. 'The Arena' is described as an inclusive community offering a curriculum imbued with mindset-enhancing materials. Mike stresses the importance of daily mindset investment and previews Welch's clip titled 'Luck and Dumbness,' recorded on the road to a Nashville event. This episode underscores the belief that consistent effort and a positive mindset can significantly outperform competitors and lead to sustained business growth.Join Arena here: https://arenamastermind.circle.so/checkout/master-the-mindEnjoy the episode and check the links below for more info & ResourcesGet an inside look at how to get involved with The Wealthy Consultanthttps://wealthyconsultant.com/Our Monthly Printed Memos - Free Trialhttps://consultingmemo.com/optin-568134011666363883437See our Portfolio of Brands https://welchequities.com/OVERVIEW: (00:00) Welcome to TWC Talks Podcast!(00:40) Introducing The Arena: A Community for Mindset Growth(01:12) The Importance of Mindset in Business Success(01:59) Daily Mind Medicine: A Boost for Your Brain(02:46) Consistency: The Key to Business Longevity(03:31) Understanding the Lag Effect in Business Efforts(04:46) Preview of 'Luck and Dumbness' by Taylor Welch
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Apr 23, 2024 • 15min

#66 - "The Paradox of Happy Clients: When Satisfaction Isn't Success with Mike Walker"

In this episode of the TWC Talks podcast, Mike Walker, Client Services Director at the Wealthy Consultant, explores the nuanced relationship between client satisfaction and success. He discusses why keeping clients perpetually happy might not always be beneficial for their growth or success. Drawing on his extensive experience, Walker points out that true value for clients often involves challenging them to think differently, embrace discomfort, and trust the process guided by data and expertise. He emphasizes the importance of clear communication, trust-building, and establishing clear boundaries between being a mentor and a friend to effectively guide clients beyond their comfort zones toward achieving their goals. Walker concludes by underscoring the necessity of sticking to reliable and repeatable processes and being unafraid to have tough conversations for the sake of long-term client success and satisfaction.Enjoy the episode and check the links below for more info & ResourcesGet an inside look at how to get involved with The Wealthy Consultanthttps://wealthyconsultant.com/Our Monthly Printed Memos - Free Trialhttps://consultingmemo.com/optin-568134011666363883437See our Portfolio of Brands https://welchequities.com/OVERVIEW: (01:12) The Paradox of Keeping Clients Happy(01:50) Inside the Role of a Client Services Director(03:16) Challenging the Client's Comfort Zone for Better Results(06:00) The Importance of Trust and Communication in Consulting(06:23) Leveraging Data to Guide Client Decisions(08:18) Navigating Client Relationships and Expectations(12:56) Conclusion: The Balance of Happiness and Results in Consulting
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Apr 16, 2024 • 28min

#65 - "High Stakes Decision Making & Why Context Can Create Confusion with Taylor Welch & Mike Walker"

In this episode of TWC Talks, hosts Mike and Taylor delve into the entrepreneurial experience, discussing the importance of adjusting business models in response to market changes, and the value of attending branding and advertising workshops. They share insights on the challenges of making money online and emphasize the necessity of modifying business strategies ahead of time. The podcast also covers the significance of data analysis in understanding customer preferences, the brutal truth about the current online business landscape, and the essential role of making informed and timely decisions to ensure business survival and growth. Additionally, Taylor shares a personal story to highlight the importance of tough love in business mentorship and the critical need for business owners to invest in skill acquisition and mentorship for success. The discussion concludes with a message on the importance of being selective with business advice and mentors to achieve entrepreneurial success.Enjoy the episode and check the links below for more info & ResourcesGet an inside look at how to get involved with The Wealthy Consultanthttps://wealthyconsultant.com/Our Monthly Printed Memos - Free Trialhttps://consultingmemo.com/optin-568134011666363883437See our Portfolio of Brands https://welchequities.com/OVERVIEW: (01:49) Announcing the Upcoming Branding Workshop(02:26) State of the Union: The Current Business Landscape(02:46) Data-Driven Insights and the Power of Sales Systems(03:46) Navigating the Brutal Online Business Environment(04:15) The Importance of Adapting Business Models(04:51) The Harsh Reality of Business Survival(06:57) Unlocking Success with the Right Tools and Strategies(10:04) The Power of Tough Love in Business Coaching(14:57) The Importance of Context in Decision Making(26:25) Closing Thoughts and the Value of Focused Coaching
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Apr 9, 2024 • 22min

#64 - "Ditching The 9-5: An Entrepreneurial Journey with Mike Walker & Special Guest Varti Deuchoghlian"

In this episode of TWC Talks, host Mike Walker interviews Varti, a Montreal-based music producer and coach. Varti shares his journey from working a high-income corporate job, driven by his parents' advice for success, to pursuing his passion in music production and eventually entrepreneurship. Despite the challenges of leaving a stable income and facing rejections, Varti's determination transformed his passion for music into a lucrative career. Over the last ten years, he not only achieved success as a musician and producer but also transitioned into coaching, helping other producers elevate their music careers. Varti discusses the importance of resilience, having no Plan B, and the power of believing in one's passion. The conversation also touches on Varti's involvement with TWC and how the community and educational programs have been instrumental in his business's growth. Looking forward, Varti plans to focus on team development and leadership to further his coaching business.Enjoy the episode and check the links below for more info & ResourcesGet an inside look at how to get involved with The Wealthy Consultanthttps://wealthyconsultant.com/Our Monthly Printed Memos - Free Trialhttps://consultingmemo.com/optin-568134011666363883437See our Portfolio of Brands https://welchequities.com/OVERVIEW: (00:00) Welcome to TWC Talks with Special Guest Varti(01:00) Varti's Journey: From Music Producer to Business Coach(02:42) Turning Passion into a Profession: The Challenges and Triumphs(06:19) The Entrepreneurial Leap: No Plan B, Just Plan A(09:04) Transitioning to Teaching: Empowering the Next Generation of Producers(12:00) Joining the Wealthy Consultant Community: A Game-Changer(18:21) Looking Ahead: Varti's Focus on Team Building and Growth(20:22) Wrapping Up and Looking Forward to Future Events
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Apr 2, 2024 • 17min

#63 - "David & Goliath: Fortifying Your Business Against Regulation and The FTC with Taylor Welch & Mike Walker"

In this episode of TWC Talks Podcast, Mike Walker and Taylor Welch discuss the challenges and importance of FTC compliance and ethical persuasion in business. The conversation delves into their recent experience hosting a session in Nashville where they covered the potential dangers businesses face when unaware of FTC regulations, emphasizing the significance of ethical practices in marketing and operations. They share a cautionary tale about a situation where their organization was indirectly involved in a misleading MLM scheme, leading to an FTC investigation. This incident highlights the critical need for businesses to be vigilant about their marketing claims and the impression they leave on consumers. The hosts underscore the learning opportunities that such challenges present, advocating for a proactive approach to business ethics and legal compliance. They conclude by stressing the importance of being audit-ready and having robust systems and processes in place to safeguard against potential legal pitfalls.Enjoy the episode and check the links below for more info & ResourcesGet an inside look at how to get involved with The Wealthy Consultanthttps://wealthyconsultant.com/Our Monthly Printed Memos - Free Trialhttps://consultingmemo.com/optin-568134011666363883437See our Portfolio of Brands https://welchequities.com/OVERVIEW: (00:00) Welcome to TWC Talks Podcast!(00:41) Diving Deep into FTC Compliance and Ethical Persuasion(03:18) A Personal Encounter with FTC Challenges(06:09) Learning from the FTC Experience: Marketing and Legal Insights(10:02) The Power of Resilience and Ethical Business Practices(16:29) Final Thoughts and Advice on FTC Compliance
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Mar 26, 2024 • 21min

#62 - "Creating A Business Your Customers Will Love" with Mike Walker

In this episode of TWC Talks, host Mike Walker brings a special episode straight from the slopes of Vail, Colorado, during one of the vibrant destination events focused on "People, Ops and Profit." The episode features conversations with Anfernee and Tammy from Taiwan, shedding light on their innovative approach to transforming Taiwanese manufacturers into global private-label brands on Amazon. The duo shares their journey from identifying a gap in their home country's market recognition to empowering manufacturers with the tools to sell directly to consumers, ensuring a more substantial profit margin and control over their brands. They also delve into the cultural shifts and challenges they navigated in introducing a new business model in Taiwan, the importance of personal investment in brand success, and how they overcame growth-related obstacles by optimizing their business strategy. To learn more about the Revolving Price Method book - https://go.wealthyconsultant.com/revolveEnjoy the episode and check the links below for more info & Resources.Get an inside look at how to get involved with The Wealthy Consultanthttps://wealthyconsultant.com/Our Monthly Printed Memos - Free Trialhttps://consultingmemo.com/optin-568134011666363883437See our Portfolio of Brandshttps://welchequities.com/
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Mar 19, 2024 • 27min

#61 - "Escaping The Bottleneck: Learning How to Lead as a Founder & Visionary" (Interview with JonCameron Johnson)

In this episode of the TWC Talks podcast, Mike Walker engages in a dynamic conversation with JohnCameron, focusing on the challenges and strategies of engineering exceptional client experiences and building efficient business operations. JohnCameron shares his journey in running Etho, a company dedicated to eradicating disease, and discusses the importance of relinquishing control as a visionary while maintaining a high standard of excellence. The episode delves into the significance of asynchronous communication in maximizing productivity and learning to delegate effectively. Tune in to gain valuable insights into scaling personal expertise and developing a thriving business.To learn more about the Revolving Price Method book - https://go.wealthyconsultant.com/revolveEnjoy the episode and check the links below for more info & Resources.Get an inside look at how to get involved with The Wealthy Consultanthttps://wealthyconsultant.com/Our Monthly Printed Memos - Free Trialhttps://consultingmemo.com/optin-568134011666363883437See our Portfolio of Brandshttps://welchequities.com/
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Mar 12, 2024 • 29min

#60 - "Battling the Economy as an Expert Business" with Taylor & Mike

In this episode of the TWC Talks podcast, Mike Walker and Taylor Welch discuss the economy's current state and how it impacts expert businesses. They share their experiences and insights into the economy, the role of the Federal Reserve, and the challenges businesses face in the current market. They also discuss the importance of pricing strategies and the need to adapt and offer different product tiers to stay competitive. Overall, they provide valuable information and advice for navigating the economic challenges of running an expert business in the current climate.To learn more about the Revolving Price Method book - https://go.wealthyconsultant.com/revolveEnjoy the episode and check the links below for more info & Resources.Get an inside look at how to get involved with The Wealthy Consultanthttps://wealthyconsultant.com/Our Monthly Printed Memos - Free Trialhttps://consultingmemo.com/optin-568134011666363883437See our Portfolio of Brandshttps://welchequities.com/
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Mar 5, 2024 • 17min

#59 - "Maximizing Productivity and Creating Space" with Michael Yeung

Learn how to optimize time and achieve more in a day with Michael Yeung. Discover the importance of shifting the paradigm of time management, simplification, creating space, and implementing effective systems in business. Explore practical insights on scaling businesses efficiently and managing time effectively.

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