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The Wealthy Consultant Talks Podcast

Latest episodes

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Nov 21, 2023 • 22min

#47 - Retention & Churn: Unlocking the Secrets to Business Immortality

Welcome to a special episode of the TWC Talks podcast! Today, we bring you into a moment captured during a top-tier client event, where host Mike Walker discusses strategies for improving customer retention and reducing churn in order to achieve "business immortality". He emphasizes that the business environment is changing rapidly due to the internet and information access. The host advises thinking of business as "human to human" rather than "business to business" or "business to consumer". Building relationships and delivering ongoing value is critical.The host explains that a sale is not finished until the customer achieves their desired outcome. With subscriptions, the relationship begins at purchase, not ends. Therefore, companies need to focus on keeping clients rather than just getting clients. He notes that retention is influenced by the customer's emotions and vision for the future, more than past value received. Creating loyal customers requires anticipating how they feel, communicating consistently, and developing a company-wide service culture. With limitless options, customers will stay loyal if they feel connected on a human level.Enjoy 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/OVERVIEW:(01:12) Client services and retention.(03:30) Customer focus and churn rates.(07:11) H2H - Human to Human.(12:42) Developing value for customer retention.(14:31) The sale is not the finish line.(19:36) Developing a retention culture.(21:06) Join us in person!Learn more about Fimi Collective:https://www.fimicollective.com/
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Nov 14, 2023 • 28min

#46 - Audience Control: How To Engage & Retain Attention w/ Jake Brian & Taylor Welch

Welcome to another episode of Wealthy Consultant Talks Podcast! In this episode of Wealthy Consultant Talks, hosts Mike Walker and Taylor Welch chat with their long time friend Jake Bryan, a content expert and co-owner at Fimi Collective, a full service content marketing agency. Together they dive into the important topic of engaging and retaining audience attention when building a business in the modern digital landscape.With years of experience building their own entrepreneurial ventures, Mike, Taylor, and Jake share stories and insights around creating captivating content that holds audience attention. They believe business should not just be about the bottom line, but also about having fun, staying true to your values, and building communityTune in to hear tips for crafting compelling content, from tapping into your core beliefs to producing high volumes of content to increase quality over time. This isn't your average business podcast - it's an authentic, engaging chat among friends passionate about building businesses with purpose.Enjoy the episode and check the links below for more info & resources.Learn more about Fimi Collective:https://www.fimicollective.com/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/OVERVIEW:(01:23) Audience control, how to engage and retain attention.(05:52) Sourcing original thoughts.(07:00) Originality and inspiration.(12:08) Reconfiguring your environment.(15:12) Quantity leads to quality.(18:23) Live streaming and audience engagement.(22:14) The hills entrepreneurs are willing to die on.(26:16) Grit and pushing through discomfort.
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Nov 7, 2023 • 30min

#45 - The Power of Disruptive Content w/ Mike Walker & Marley Jaxx

In this episode TWC Talks, we're thrilled to introduce Marley Jaxx, the creative force behind Jaxx Productions. Her journey is nothing short of inspiring. Marley began her venture while working as a dental hygienist, a job that left her craving more creativity. Surprisingly, she found her creative outlet in storytelling, captivating her dental patients with tales. This sparked her passion for content creation, particularly through video.What sets Marley apart is her unique talent for helping clients overcome their fears of being on camera. She excels in guiding them to create content that authentically aligns with their unique personalities. With her storytelling skills and video production expertise, Marley is a captivating guest.Marley's professional journey, starting as a dental hygienist, took an unexpected turn towards creative content creation. Her childhood hobby of making videos with her father's camera evolved into a thriving career. What was once a dream of Hollywood fame has transformed into a mission to empower entrepreneurs, especially on YouTube and social media. Through her production company, Jaxx Productions, Marley specializes in crafting disruptive content that propels entrepreneurs to A-list status.Marley Jaxx is renowned for her expertise in creating disruptive content, tailored specifically for entrepreneurs seeking to make their mark on YouTube and social media. She believes in crafting engaging content that challenges the status quo and rises above the online noise.Marley's dedication to YouTube is particularly noteworthy. She invests time in producing long-form video content, viewing YouTube as a space for building online real estate and gaining lasting attention.We're immensely grateful for Marley's valuable contributions to the modern-day consultant group and her profound impact on the community.To dive into Marley Jaxx's world of disruptive content, visit her website at VIPleadmachine.com, connect with her on Instagram, or explore her thriving YouTube channel.YouTubehttps://www.youtube.com/@MarleyJaxxWebsitemarleyjaxx.comFacebookfacebook.com/MarleyJaxx1Instagraminstagram.com/marleyjaxxLinkedInlinkedin.com/in/marleyjaxxVIP Lead Machinevipleadmachine.comTune in to this engaging episode for a deep dive into the world of risk management and the art of taking calculated risks in the pursuit of entrepreneurial excellence. Enjoy!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 Brandshttps://welchequities.com/OVERVIEW:(02:19) The power of disruptive content.(03:14) Fitting in is failing.(06:43) The power of storytelling.(10:21) Basics for becoming a better content creator.(13:00) Quality over quantity(17:19) Content personality syncing and cross pollination.(20:59) Launching online engagement strategies.(24:11) Subtle product placement.(26:53) AI and content creation.
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Oct 31, 2023 • 20min

#44 - Beyond the 10,000 Hour Rule: Decoding the Formula for Becoming an Expert… FAST

In this episode of TWC Talks, our host, Mike Walker discusses the modern day reality today where we are flooded with tons of information, thanks to the likes of Google and YouTube. He shares that the real challenge isn't the scarcity of information, but the absence of context and guidance on what truly matters. Mike passionately conveys the idea that effective learning doesn't mean hoarding an encyclopedic wealth of knowledge. Rather, it involves having a mental framework to filter the noise and hone in on the essentials. It's about being discerning, focusing on skills and subjects that are directly applicable to our goals, and sidestepping the overwhelm caused by information overload.Additionally, Mike introduces two down-to-earth strategies - JIT (Just-in-Time) learning and 90-day sprints which revolves around setting clear, time-bound learning goals. However, they also require us to develop the power to say "no" to information that doesn't serve our purpose, prioritizing what truly matters in our learning journey.Ultimately, this episode's takeaway is clear - the bedrock of effective learning is not about information quantity but about the ability to distill meaning and relevance from what's available. It's about having a structured approach to decision-making that enhances the efficiency of our learning, making it a highly personal and targeted experience. Let us go!Tune in to this engaging episode for a deep dive into the world of risk management and the art of taking calculated risks in the pursuit of entrepreneurial excellence. Enjoy!Enjoy the episode and check the links below for more info & resourcesCheck out Peak Productivityhttps://wealthyconsultant.com/thepeakGet 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/OVERVIEW:(01:27) Moving quickly with quality.(04:46) Compressing time through deliberate practices.(09:32) Micro learning and accelerated growth.(11:05) Narrowing in and knowing what to say no to.(13:41) Efficient learning techniques.(17:25) Becoming an expert quickly.
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Oct 24, 2023 • 16min

#43 - Unlocking Excellence with Neurodiversity and Team Performance

In this episode of TWC Talks, Mike talks about the significance of quarterly offsite meetings for optimizing team performance. He recently attended one such offsite, and he emphasizes the value of these gatherings as opportunities for reflection, goal-setting, and alignment with our annual objectives. They provide a dedicated space to assess the accomplishments and challenges of the past 90 days and chart a course for the upcoming quarter.Additionally, Mike introduces the concept of neurodiversity and its profound impact on team performance. They are currently deeply engaged in exploring this topic at The Wealthy Consultant, recognizing that embracing diverse perspectives and approaches can significantly enhance our collective success.Join Mike in this episode to gain valuable insights into the benefits of quarterly offsites and the importance of embracing neurodiversity to build a successful business while staying true to your core values and priorities. Enjoy!Tune in to this engaging episode for a deep dive into the world of risk management and the art of taking calculated risks in the pursuit of entrepreneurial excellence. Enjoy!Enjoy the episode and check the links below for more info & resourcesGet Our Newest Book: The Wealthy Consultant: Confessions of a 9-Figure Advisorhttps://go.wealthyconsultant.com/twcbook-1Get 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/OVERVIEW:(01:34) Neurodiversity and team performance.(04:19) Finding zones of genius.(07:11) Building teams based on strengths.(09:51) Impact of remote work on children.(12:52) Embrace a strong team culture.
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Oct 17, 2023 • 32min

#42 - Risk & Safety

In this episode of TWC Talks, CEO Taylor Welch engages in a dynamic discussion about the critical importance of managing risk and confronting challenges head-on in the world of business. He aims to dispel the common misconception that building and growing a business is always a smooth and obstacle-free journey. Instead, he encourages the listeners to recognize that challenges are a natural part of the entrepreneurial process and that taking calculated risks is a fundamental aspect of achieving success.Throughout this episode, Taylor shares practical insights and personal experiences that illustrate the significance of action over inaction. He stresses the importance of listening to your intuition and living a life fully maximized in the realm of business. His goal is to empower our audience with the mindset and strategies needed to navigate the often unpredictable waters of entrepreneurship and emerge stronger, more resilient, and ultimately, more successful.Tune in to this engaging episode for a deep dive into the world of risk management and the art of taking calculated risks in the pursuit of entrepreneurial excellence. Enjoy!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 Brandshttps://welchequities.com/OVERVIEW:(00:30) Managing risks in business.(11:48) Risk and investment decisions.(13:21) Taking calculated risks.(18:10) Mitigating the right risks(21:09) Focusing on the right risks.(27:42) Risks and going all in.(29:15) Persevering against failure.
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Oct 10, 2023 • 17min

#41 - Pressure Cooker: Navigating High-Stress Decision-Making

What is up, my friends! In today's episode of TWC Talks, Taylor will dive into a topic that every entrepreneur and business professional encounters at some point: navigating high-stress decision-making, often referred to as the "pressure cooker" moments. Drawing from his own extensive experiences, he shares valuable insights and offer fresh perspectives to assist our listeners in confronting these challenging situations with greater confidence and less fear.Inside the episode, Taylor shares a story that serves as a relatable entry point to the discussion, emphasizing that high-pressure scenarios are a universal part of both business and life.Tune in to this episode to gain practical advice and valuable strategies for effectively managing stress and making sound decisions when the heat is on. By equipping yourself with the right mindset and tools, you can thrive in even the most pressure-filled moments of your entrepreneurial journey. Have fun!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 Brandshttps://welchequities.com/OVERVIEW:(01:03) Navigating high stress decision making.(03:28) Capitalizing on fatigue and mistakes.(07:11) Taylor's epiphany on the importance of family(12:09) Knowing how to get the right answer.(15:46) Slowing down vs. overthinking.
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Oct 3, 2023 • 21min

#40 - A Day In The Life: Cracking the Code of Emotional Intelligence as an Entrepreneur

Welcome back! In today's episode of TWC Talks, host Mike Walker talks about the dynamic world of business and entrepreneurship, drawing from over a decade of personal experience in the field. He brings his own impressive 25 years of industry wisdom to the table, we embark on a journey through the intricacies of the entrepreneurial landscape.Covering an array of topics, he touches on essential elements such as the alignment of one's business with personal values and priorities. Mike explores the profound importance of cultivating the right mindset and deploying effective tactics to navigate the entrepreneurial terrain successfully.Moreover, he dives into the concept of intrapreneurship, shedding light on the opportunities that exist within larger organizations for those with an entrepreneurial spirit.We are going to hear some valuable lessons, personal anecdotes, and stories that are sure to resonate with consultants, business owners, and aspiring entrepreneurs alike. Join Mike in this episode of The Wealthy Consultant Talks, where knowledge meets experience, and inspiration meets education, on the path to entrepreneurial success. Let's go!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: (02:10) Cracking the code of emotional intelligence as an entrepreneur.(03:48) Roller coaster of emotions.(06:29) Deciding that you're worthy.(10:10) Imposter syndrome and self-doubt.(13:15) The importance of getting outside your own head.(16:31) Moving despite how you feel.(19:15) Making an impact to others.
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Sep 26, 2023 • 28min

#39 - How to Not Die As an Entrepreneur

In this podcast, Taylor and Mike discuss the challenges entrepreneurs face and their strategies for handling adversity. They talk about the concept of 'looping' in the entrepreneurial mind, the importance of simplifying things in 'don't die mode,' and incorporating spirituality to overcome fear and anxiety. They also highlight the significance of gaining perspective from history and controlling our thinking as entrepreneurs.
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Sep 19, 2023 • 6min

#38 - The Risk of Opportunity

In this episode of TWC Talks Podcast, Taylor dives deep into the pivotal theme of embracing risks and seizing opportunities as a pathway to achieving success. He conveys the notion that success isn't a result of a singular action but rather a culmination of choices, risk-taking, and the company one keeps.Through a compelling personal story, Taylor talks about the profound truth that opportunities are often abundant and diverse, waiting to be recognized and harnessed. He relays an insightful anecdote from his own life that recently served as a reminder of this fundamental principle.Furthermore, the episode addresses the common tendency for some individuals to fixate on negative outcomes to such an extent that they struggle to acknowledge and fully embrace the positive opportunities that surround them. It serves as an invaluable guide for listeners seeking to overcome this limiting mindset and maximize the potential inherent in their lives.Have fun!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: (01:17) Certain people addicted to worst-case scenarios(04:12) Distance yourself from chronic negativity(05:14) Embrace individuality and push forward

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