The Wealthy Consultant Talks Podcast

The Wealthy Consultant
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Aug 27, 2024 • 24min

#83 - "Client Retention and The Power of Online Communities"

In a riveting conversation, Luke Gibbs, a partnerships expert at Circle, shares insights on the vital role of online communities in enhancing client retention and fostering exceptional customer experiences. He delves into the evolution of these platforms, highlighting their effectiveness over traditional marketing methods. Luke discusses how analytics can boost engagement and the critical balance between AI technology and human connection. With an exciting look at the future of online communities, this discussion is a must-listen for anyone in business!
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Aug 20, 2024 • 25min

#82 - "Why "Success" Doesn't Always Feel Exciting..."

In this episode of The Wealthy Consultant Podcast, host Mike Walker welcomes Sarah Mueller, founder of 'The Decluttering Club'. Sarah shares her entrepreneurial journey, insights on organizing large community groups, and the intricacies of running a successful decluttering business. They discuss the emotional and psychological aspects of sustained entrepreneurial success, the importance of meticulous organization, effective team communication, and the value of mutual trust in leadership. Sarah offers valuable advice for maintaining motivation and speaks on her transition from a solopreneur to managing a thriving team. This episode is packed with actionable takeaways for any aspiring or seasoned entrepreneur.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/To learn more about Sarah Mueller and the Decluttering Club:https://thedeclutteringclub.comhttps://www.facebook.com/EarlybirdMomhttps://www.instagram.com/declutteringclubOVERVIEW: (00:44) Meet Sarah Mueller(01:30) The Journey to Decluttering Success(03:34) Running Large-Scale Challenges(05:14) The Structure of Our Challenges(08:47) Maintaining Business Momentum(13:34) The Importance of Team and Communication(21:32) Advice for Aspiring Entrepreneurs(23:17) Conclusion and Final Thoughts
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Aug 13, 2024 • 19min

#81 - "The Future of Sales & Why Traditional Sales is Dead"

Taylor Welch, co-author of 'Winning at Sales', shares insights into the evolution of sales strategies. He argues that traditional sales methods are outdated, advocating for a shift toward ethical and consultative approaches. Welch emphasizes the importance of aligning products with customer needs and prioritizing retention over acquisition. The conversation also explores the significance of personal authenticity in sales and how understanding market dynamics can enhance client relationships for long-term success.
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Aug 6, 2024 • 34min

#80 - "Financial Planning & Wealth Strategies for Business Owners"

In this episode of The Wealthy Consultant Podcast, host Mike Walker introduce Chris Robinette, a top-ranked financial planner and founder of Lighthouse Planning. Chris shares insights from his diverse background, including his time in the Navy, and delves deep into financial planning, wealth management, and the importance of managing cash flow. He discusses the significance of transitioning from revenue-focused to profit and cash flow-focused business models, the impact of maintaining a stable financial footing, and the value of working with a financial planner. Tune in as Chris provides actionable advice for entrepreneurs looking to enhance their financial strategies and build lasting legacies.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/Contact Chris Robinette:Email address: chris@lhplanning.com Calendly.com/lhplanningOVERVIEW: (00:00) Introduction(00:38) Meet Chris Robinette: Financial Planner and Wealth Strategist(01:07) Chris Robinette's Journey(02:58) Launching Lighthouse Planning Amidst a Pandemic(03:26) Revenue vs. Profit: The Real Measure of Success(06:01) The Importance of Monthly Recurring Revenue (13:26) When to Engage a Financial Planner(18:30) Mindset and Financial Planning: Breaking Old Ideologies(24:55) Current Market Insights and Future Predictions(30:52) Final Thoughts and Contact InformationThe views and opinions expressed are those of the program participants and are not necessarily those of MML Investors Services LLC. The material is not intended as recommendations appropriate for you. You should strongly consider seeking advice from your own investment professional.CRN202707-6869059
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Jul 30, 2024 • 34min

#79 - "How To Avoid Entrepreneurial Burnout with Taylor Welch & Mike Walker"

In this episode of the Wealthy Consultant Talks Podcast, hosts Taylor Welch and Mike Walker discuss the challenges of maintaining motivation and energy as an entrepreneur. They delve into the concept of burnout, its causes, and the importance of energy management over time management. The episode also covers the significance of simplifying and streamlining business processes, the cyclical nature of markets and industries, and the need for the right tools and support systems. The hosts share personal experiences, insights on scheduling for productivity, and how to align business growth with personal well-being. Additionally, they touch on books they are currently reading and the value of having a supportive peer group.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) Introduction (01:15) Upcoming Sales Event in Miami(02:21) Discussing Market Trends and Burnout(03:25) Navigating Economic and Industry Cycles(05:53) Importance of Energy Management(09:17) Maintaining Business Health(12:57) The Role of Peer Support and Mindset(13:54) Handling Burnout and Productivity Tips(17:41) Personalized Productivity and Self-Judgment(19:14) Implementing Lag Days for Better Energy Management(20:03) Current Reading List(26:00) Exploring Virtues, Values, and Behavioral Profiles(32:10) Rebuilding Motivation and Love for Learning(33:03) Final Thoughts and Encouragement
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Jul 23, 2024 • 24min

#78 - "Work/Life Balance & The Art of Abundance with Special Guest Stephanie Wigner"

In this episode of The Wealthy Consultant Talks Podcast, hosts Mike Walker sit down with special guest Stephanie Wigner. They discuss her journey as a successful chiropractor turned consultant, focusing on how she balances her professional and personal life. Stephanie shares valuable lessons on building a seven-figure business without sacrificing family time, the importance of niching down, and strategies for managing both Brick and Mortar and online ventures. With practical tips on delegation, vision alignment, and overcoming burnout, this episode offers crucial insights for entrepreneurs striving to achieve harmony between their business ambitions and family life.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/Check out Stephanie's podcast:https://stephaniewigner.com/podcast/OVERVIEW: (00:00) Introduction (00:31) Meet Stephanie Wigner: Wealth Manifesting Specialist(01:54) Balancing Business and Family Life(03:02) Stephanie's Journey: From Chiropractor to Consultant(05:32) Delegation and Outsourcing for Success(06:02) Insights on Balancing Family and Business(10:49) Leveraging Online Strategies for Brick and Mortar Businesses(13:03) The Importance of Niching Down(17:57) Navigating Economic Challenges(20:46) Conclusion
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Jul 16, 2024 • 12min

#77 - "Are you Productive or Just Busy? Here's How To Know"

In this episode of The Wealthy Consultant Podcast, hosts Mike Walker introduces 'Launch Kit,' a consultancy program designed to fast-track the journey to profitability for new or seasoned entrepreneurs with new market offers. Highlighting the July Sales Call Challenge, Mike emphasizes the importance of tracking key performance indicators (KPIs) like the number of sales calls, attendance at sales clinics, and actual sales generated. He underscores the value of focusing on 'money-making activities' (MMAs) and reducing non-essential tasks to drive business success. The episode offers insights on building habits and processes for optimal results and leveraging revenue to create more opportunities.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) Introduction(00:37) Overview of the Launch Kit Program(01:54) July Sales Call Challenge(02:43) The Importance KPI(04:55) Focus and Productivity in Business(06:48) Lessons from Past Experiences(09:10) The Power of Simple Measurement Tools(11:09) Conclusion and Final Thoughts
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Jul 9, 2024 • 13min

#76 - "You Can't Unsee This: The Counterintuitive Strategy of the Ultra-Successful"

In this episode of The Wealthy Consultant Podcast, Mike Walker shares the vital importance of noticing and leveraging small details in life and business. Through an engaging story about an extravagant event at Elon Musk’s house, Mike illustrates how attention to detail can lead to significant differentiation and success. He urges listeners to adopt a mindset of continuous improvement by making small, impactful changes, thus standing out from the competition. Tune in to learn how such simple yet effective strategies can enhance your personal and professional life.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) Introduction(00:52) The Power of Details(03:16) A Story from the Past(04:13) The Beverly Hills Event(06:14) Lessons from the Event(09:16) Applying the Lessons(10:34) The 1% Difference(12:39) Final Thoughts
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Jul 2, 2024 • 12min

#75 - "Reality vs. Expectations: Why Most Entrepreneurs Aren't Happy"

In this episode of TWC Podcast, Mike Walker explores the concept of frustration in business. He explains how the gap between expectations and reality can lead to perpetual frustration for highly competent individuals. Mike advises listeners to embrace reality and take ownership of their frustrations, rather than remain stuck in a negative mindset. He highlights the importance of setting realistic expectations and recognizing that big wins are often accompanied by significant challenges. By doing so, business owners can become more resilient and better positioned to achieve their goals.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) Introduction and Episode Overview(00:52) Understanding Frustration in Business(02:22) The Root of Unhappiness: Expectation vs. Reality(04:09) Taking Ownership and Reducing Frustration(06:14) Embracing Big Wins and Big Losses(08:54) Aligning Expectations with Reality(11:16) Conclusion and Final Thoughts
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Jun 25, 2024 • 20min

#74 - "Turning Refunds into Opportunities: Navigating Challenging Customer Interactions with Mike Walker"

In this episode of the TWC Talks podcast, host Mike Walker discusses the inevitable topic of handling refunds in business. He emphasizes the importance of being prepared for refund requests by having a clear refund policy, thoroughly training your team, and providing alternatives to refunds. Mike shares insights from his book 'The Exceptional Experience' and presents statistics showing the impact of positive customer service experiences on future sales. He stresses understanding customer expectations, active listening, and viewing refund interactions as opportunities to improve business processes and customer satisfaction. Ultimately, the episode provides practical strategies for transforming refund requests from potential pitfalls into valuable learning experiences.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) Introduction to TWC Talks Podcast(00:42) The Inevitable Topic of Refunds(01:47) Understanding Customer Expectations(06:17) The Importance of a Clear Refund Policy(07:33) Training Your Team for Refund Requests(08:44) Offering Alternatives to Refunds(11:42) Dealing with Irrational Customers(15:02) Turning Refunds into Opportunities(18:14) Conclusion and Final Thoughts

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