The Wealthy Consultant Talks Podcast

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

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/

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/

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/

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.

In this episode of the Wealthy Consultant Podcast, host Mike Walker interviews guest Lauren Medley, a key member of his team. They discuss the value of live events as a tool for marketing, networking, and client relationship building. Throughout the conversation, Lauren shares her techniques for ensuring the success of each event, from meticulous planning to fostering a strong sense of community among attendees. She also highlights the challenges and advantages of incorporating a virtual component into live events. They also delve into future plans and destinations for their events, demonstrating the significant role of these gatherings in their business growth and community-building efforts. 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/

In Episode 57 of TWC Talks, Mike Walker discusses the paradox where rapid business success can lead to downfall if not managed wisely. He emphasizes the dangers of overextension and diversification, highlighting the importance of focused growth and strategic decision-making. By sharing insights on how to avoid common pitfalls through disciplined approaches and maintaining agility, Walker offers valuable advice to entrepreneurs aiming for sustainable success. This episode serves as a guide for navigating the challenges of scaling a business while preserving the core values and goals that contribute to long-term achievements. 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: Overextension and Diversification as Pitfalls 02:10The Importance of Saying No 03:20Avoiding Shiny Object Syndrome 04:05The Laser vs. Flashlight Analogy 04:40The Challenge of Competing on Multiple Fronts 06:25Staying Agile and Responsive to Change 00:14:50Produced by Fimi Collective:https://www.fimicollective.com/

This episode is a recast that originally aired on March 22nd, 2023. On today's episode of TWC Talks, Taylor & Mike discuss delegating effectively as a business owner in the modern world, working with people, running a more efficient business, and growing as a business leader. Enjoy the episode and check the links below for more info & Resources.The Link that Taylor mentioned: https://wealthyconsultant.com/2023/02/27/power-of-pillars/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/

In this episode of TWC Talks Podcast, hosts Mike and Taylor are joined by health and performance expert Cole Taylor. They explore the integral role of a person's health in achieving business success and personal fulfillment. Cole shares his journey from athlete and pastor to health coach, highlighting the importance of addressing both the physical and mental aspects of your well-being. The discussion provides actionable insights for entrepreneurs looking to optimize their performance through a holistic approach to health, emphasizing the transformational power of turning personal challenges into opportunities for growth and impact.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:The Importance of Real-life Applications in Health and Business 00:00:45 Cole Taylor's Background and Transition from Athletics to Health Coaching 00:01:10The Impact of Health on Business Performance 00:04:20The Misunderstanding of Health Priorities Among Entrepreneurs 00:06:19Personalized Health Protocols and The Role of Testing 00:11:44 The Psychological and Hormonal Differences in Coaching Men and Women 00:30:10Produced by Fimi Collective:https://www.fimicollective.com/

In this episode of TWC Talks, Taylor Welch and Mike Walker delve into the nuances of initiating endeavors in a competitive business landscape. Commencing with New Year greetings, the hosts, Mike and Taylor Welch, reflect on the challenges and opportunities of the upcoming year. Focusing on the central theme of getting started, the conversation unfolds to address the hesitations and decision-making dilemmas individuals face in bringing new offers to the market. They also emphasize the relevance of this topic for both seasoned entrepreneurs and those contemplating a fresh start in the business world. Inside the episode, Taylor and Mike share insights on the traps of overthinking, the importance of decisive action, and the role of self-belief in garnering market acceptance. They touch upon the concept of innovators telling the market what it wants, emphasizing the value of visionary thinking. Additionally, our hosts explore the significance of aligning one's offerings with market demands and maintaining clarity about the core value proposition. This episode concludes with a reminder to eschew over-reliance on formulas and tactics, advocating for the power of decisive, intentional action in the entrepreneurial journey.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: (01:22) The tension of getting started(02:44) Overcoming resistance(04:08) New Year, New Business(06:11) Investing time to see it through(07:55) Looping and instant gratification(09:28) The beauty of imperfect offerings(13:11) Understanding the market's needs(15:06) Hit and miss, research, and invention(17:07) Trust your gut and intuition(20:58) Understanding what you're selling(22:46) Just move, avoid analysis paralysisProduced by Fimi Collective:https://www.fimicollective.com/