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Business Lunch

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Aug 30, 2024 • 38min

The Impact of AI on Business Growth

Welcome to a new episode of Business Lunch! Today, hosts Ryan Deiss and Roland Frasier delve deep into the practical applications and the realistic expectations of artificial intelligence in business. They discuss the current state of AI, debunking the hype and exploring its genuine impact on productivity and business strategy. From investment insights to AI's role across various business departments, this episode provides a grounded perspective on what AI truly offers to entrepreneurs.Highlights:"AI continues to amaze, it's the investors who are way ahead of the curve." "The conversation about AI isn't just about the technology; it's about how we're using it to make real business impacts." "AI isn't just a tool; it's becoming a central player in strategic business planning." "Implementing AI isn't just an option; it's a necessity for staying competitive." Timestamps:00:00 - Introduction: Breaking Down AI's Role in Business02:09 - Analyzing AI's Financial Impact and Investor Behavior03:27 - Evaluating AI Against Investor Expectations07:30 - AI's Evolution in Major Tech Companies10:15 - Discussion: Where AI Stands in the Hype Cycle12:35 - Practical Applications of AI in HR and Strategic Planning17:09 - In-Depth: AI's Integration Across Business Functions20:45 - Essential AI Tools and Their Business Applications25:40 - AI's Role in Enhancing Business Creativity and Efficiency28:42 - Providing 24/7 Customer Service Through AI30:41 - AI's Potential in Sales and Marketing34:10 - Final Thoughts: Embracing AI for Business InnovationCONNECT • Ask Roland a question HERE.RESOURCES:• 7 Steps to Scalable workbook • Get my book, Zero Down, FREETo learn more about Roland Frasier 👉  https://msha.ke/rolandfrasier/Connect with me on social:🎵 TikTok:  / rolandfrasier   📸  Instagram:  / rolandfrasier  📱 Facebook:  / rolandfrasierpage  💼 LinkedIn:  / rolandfrasier   Subscribe to Roland Frasier 👉     / @rolandfrasierepic  Mentioned in this episode:Get Roland's Training on Acquiring Businesses!Discover The EXACT Strategy Roland Has Used To Found, Acquire, Scale And Sell Over Two Dozen Businesses With Sales Ranging From $3 Million To Just Under $4 Billion! EPIC Training
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Aug 27, 2024 • 28min

The Fine Line Between Clickbait and Effective Marketing

Discover the fine balance between effective marketing and maintaining brand integrity. Learn how understanding your ideal client can drastically reshape your messaging. Explore the impact of clickbait on high-end brands and why clarity matters. Engage in discussions about the necessity of audience segmentation and aligning messaging with customer sophistication. Dive into the importance of testing marketing strategies, embracing risks, and turning initial attention into engagement. Tune in for insights perfect for any business looking to elevate their approach!
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Aug 23, 2024 • 35min

The Art of Curating Your Advisory Board

Welcome to a new episode of Business Lunch! In this episode, hosts Ryan Deiss and Roland Frasier dive into the importance of community, especially for entrepreneurs. They discuss the transformational power of getting together in person and how masterminds and advisory boards can significantly impact your business growth. From discussing large-scale entrepreneurship conferences to exploring the nuances between boards of directors and advisory boards, this episode offers a wealth of knowledge on scaling your business through strategic networking.Highlights:"Something changes when you're actually there in person; you’re missing out if you don't have that kind of community.""The magic isn't having a board of directors; it's about having peers that guide you.""You definitely do better when you have a board of directors, but it's hard to find peers to do that.""Masterminds accelerate your connectivity much more than anything else you could do."Timestamps:00:00 - Introduction and the importance of in-person meetings.00:44 - Welcome to Business Lunch Podcast.03:11 - The impact of COVID-19 on business networking.06:18 - Insights into joining paid groups and the value of exclusivity in networking.10:55 - Differences between various advisory and directors groups.17:13 - Personal experiences with masterminds and advisory boards.23:57 - The concept of a 'deconstructed board' and personalized advice networks.28:11 - Closing thoughts on choosing the right type of advisory setup for your needs.33:05 - Episode wrap-up and invitation to the next episode.CONNECT • Ask Roland a question HERE.RESOURCES:• 7 Steps to Scalable workbook • Get my book, Zero Down, FREETo learn more about Roland Frasier 👉  https://msha.ke/rolandfrasier/Connect with me on social:🎵 TikTok:  / rolandfrasier   📸  Instagram:  / rolandfrasier  📱 Facebook:  / rolandfrasierpage  💼 LinkedIn:  / rolandfrasier   Subscribe to Roland Frasier 👉     / @rolandfrasierepic Mentioned in this episode:Get Roland's Training on Acquiring Businesses!Discover The EXACT Strategy Roland Has Used To Found, Acquire, Scale And Sell Over Two Dozen Businesses With Sales Ranging From $3 Million To Just Under $4 Billion! EPIC Training
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Aug 21, 2024 • 40min

The Power of Cold Outreach in Business Acquisitions with Jesse Jackson

Welcome to a new episode of Business Lunch! In this episode, Roland Frasier sits down with Jesse Jackson, one of his business partners and a successful entrepreneur who has scaled her automotive business to an eight-figure company in just a few years. Jesse shares her journey, the challenges she faced, and the strategies that helped her succeed, including the power of cold outreach and the importance of finding the right business partner. Whether you're interested in acquisitions, the automotive industry, or simply looking for inspiration, this episode is packed with valuable insights.Highlights:"You can’t help but have a deal arrive in your lap if you commit to cold outreach.""I’m a mom of seven, and if I can grow an eight-figure business, so can you.""Every business problem can be solved with a solid process.""You’re not taking something from someone; you’re giving them a gift by buying their business."Timestamps:00:35 - Introduction to Jesse Jackson 01:56 - Building an Eight-Figure Business 03:12 - Shifting from Software to Automotive09:29 - Choosing the Right Business to Buy 16:33 - Raising Capital and Investor Relations 18:43 - Overcoming Challenges in Acquisitions 24:06 - Hustling After Acquisitions 26:55 - Implementing Systems and SOPs29:49 - Franchising vs. Company-Owned Expansion 35:46 - Final Advice and Encouragement CONNECT • Ask Roland a question HERE.RESOURCES:• 7 Steps to Scalable workbook • Get my book, Zero Down, FREETo learn more about Roland Frasier 👉  https://msha.ke/rolandfrasier/Connect with me on social:🎵 TikTok:  / rolandfrasier   📸  Instagram:  / rolandfrasier  📱 Facebook:  / rolandfrasierpage  💼 LinkedIn:  / rolandfrasier   Subscribe to Roland Frasier 👉     / @rolandfrasierepic  Mentioned in this episode:Get Roland's Training on Acquiring Businesses!Discover The EXACT Strategy Roland Has Used To Found, Acquire, Scale And Sell Over Two Dozen Businesses With Sales Ranging From $3 Million To Just Under $4 Billion! EPIC Training
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Aug 16, 2024 • 30min

Retire Early or Live Fully? The FIRE Debate

Welcome to a new episode of Business Lunch! In today's discussion, hosts Roland Frasier and Ryan Deiss dive into the nuances of the FIRE (Financial Independence, Retire Early) movement. They explore the philosophy behind early retirement, the potential pitfalls of extreme frugality, and the importance of balancing financial planning with enjoying life in the present. The conversation offers valuable insights on how to approach financial independence without sacrificing the joy of living.Highlights:"Life is short and life is long—you never know which it's going to be.""What are you retiring to? The most miserable people are those who retire into nothing.""You can have both—financial independence and a rich life.""Don't defer joy; balance your financial goals with living fully today."Timestamps:00:00 - Core Belief of FIRE01:03 - Introducing Retirement02:37 - FIRE Variations08:26 - Risks of Deferring Life Events11:13 - Balancing Financial Goals and Enjoyment13:49 - Having Children and FIRE18:16 - Advice on How to Do FIRE Right20:47 - Importance of Meaningful Work25:27 - Dangers of Retiring from Hate27:34 - Conclusion and Wrap-upCONNECT • Ask Roland a question HERE.RESOURCES:• 7 Steps to Scalable workbook • Get my book, Zero Down, FREETo learn more about Roland Frasier 👉  https://msha.ke/rolandfrasier/Connect with me on social:🎵 TikTok:  / rolandfrasier   📸  Instagram:  / rolandfrasier  📱 Facebook:  / rolandfrasierpage  💼 LinkedIn:  / rolandfrasier   Subscribe to Roland Frasier 👉     / @rolandfrasierepic  Mentioned in this episode:Get Roland's Training on Acquiring Businesses!Discover The EXACT Strategy Roland Has Used To Found, Acquire, Scale And Sell Over Two Dozen Businesses With Sales Ranging From $3 Million To Just Under $4 Billion! EPIC Training
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Aug 13, 2024 • 38min

Duolingo’s Secret to Keeping You Hooked

Welcome to a new episode of Business Lunch! In this episode, Roland Frasier and Ryan Deiss have a discussion about the genius behind Duolingo's marketing strategies. From the brand's bold use of emotional blackmail to keep users engaged to the fine line between effective persuasion and manipulation, this conversation unpacks the lessons that all marketers can learn. Discover how to balance brand personality, customer retention, and ethical marketing, with insights drawn from one of the most successful language learning platforms in the world.Highlights:"The best marketers and businesses lead, even when it means taking arrows.""Is it unethical to manipulate your audience if it serves their best interests?""Duolingo's brilliance lies in making you feel like you’ve failed – in the best way.""A brand’s personality can make or break its connection with customers."Timestamps:00:00 The Power of Leadership in Marketing01:04 Welcome and Catch-Up02:09 Duolingo’s Unique Brand Personality05:35 The Ethics of Manipulative Marketing10:16 The Fine Line Between Encouragement and Manipulation16:08 Defining Success for Your Customers20:37 Guilt and Shame in Marketing24:47 Earning the Right to Push Your Customers29:14 Differentiating Your Brand’s Personality35:45 Applying Duolingo’s Tactics to Your BusinessCONNECT • Ask Roland a question HERE.RESOURCES:• 7 Steps to Scalable workbook • Get my book, Zero Down, FREETo learn more about Roland Frasier 👉  https://msha.ke/rolandfrasier/Connect with me on social:🎵 TikTok:  / rolandfrasier   📸  Instagram:  / rolandfrasier  📱 Facebook:  / rolandfrasierpage  💼 LinkedIn:  / rolandfrasier   Subscribe to Roland Frasier 👉     / @rolandfrasierepic  Mentioned in this episode:Get Roland's Training on Acquiring Businesses!Discover The EXACT Strategy Roland Has Used To Found, Acquire, Scale And Sell Over Two Dozen Businesses With Sales Ranging From $3 Million To Just Under $4 Billion! EPIC Training
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Aug 9, 2024 • 46min

Scaling a Business Through Effective Tax Management with John Briggs

Welcome to a new episode of Business Lunch! In this session, we dive into the complexities of tax management and business scaling with John Briggs, a tax expert and business strategist from Insight Tax. John shares his journey from struggling with traditional employment to building a thriving business that helps entrepreneurs navigate the intricate world of taxes. Roland Frasier, your host, explores John’s insights on operational efficiency, the impact of proper entity selection, and strategic hiring practices that can propel a business forward.Highlights:"Owning a business made more sense through the trial of hard knocks." "By being smarter with processes, you can actually work less." "Our first project with robotic process automation... will save us a significant amount in labor costs." "Structure is a big issue... making sure they understand how expenses work is the biggest opportunity." Timestamps:00:00 - Introduction02:53 - Insight Tax and the Entrepreneurial Mindset05:25 - Transitioning from Employment to Entrepreneurship08:25 - The Evolution of Insight Tax and Operational Efficiency13:14 - Implementing Robotic Process Automation16:06 - Scaling the Team from 30 to Over 20020:02 - Strategic Partnerships and Business Growth23:34 - Publishing the 3.3 Rule and Insightful Insights28:11 - S Corp Benefits and Reasonable Compensation Strategies31:33 - Exploring Deductions: Ordinary and Necessary Expenses34:22 - The Misconceptions of Tax Deductions in Digital Marketing37:53 - The Line Between Business and Personal Expenses40:00 - Closing Remarks and Further ResourcesCONNECT • Ask Roland a question HERE.RESOURCES:• 7 Steps to Scalable workbook • Get my book, Zero Down, FREETo learn more about Roland Frasier 👉  https://msha.ke/rolandfrasier/Connect with me on social:🎵 TikTok:  / rolandfrasier   📸  Instagram:  / rolandfrasier  📱 Facebook:  / rolandfrasierpage  💼 LinkedIn:  / rolandfrasier   Subscribe to Roland Frasier 👉     / @rolandfrasierepic  Mentioned in this episode:Get Roland's Training on Acquiring Businesses!Discover The EXACT Strategy Roland Has Used To Found, Acquire, Scale And Sell Over Two Dozen Businesses With Sales Ranging From $3 Million To Just Under $4 Billion! EPIC Training
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Aug 6, 2024 • 49min

The Power of Mindset: DeAnna Rogers' Business Journey

Welcome to a new episode of Business Lunch! Today, Roland Frasier sits down with his longtime friend and business partner, DeAnna Rogers. Together, they discuss DeAnna's journey of overcoming fear to successfully acquiring and growing businesses. Through candid insights and personal anecdotes, DeAnna reveals the challenges and triumphs of her entrepreneurial path, and the crucial role of mindset in achieving success. Whether you're an aspiring entrepreneur or a seasoned business owner, her story will motivate you to step out of your comfort zone and seize opportunities. Tune in for a dose of inspiration and actionable advice!Highlights:"When you believe in something, and you want it, and you're passionate about it, then you'll do it. You'll live it.""You have to be passionate and excited. When they see that you believe in yourself, then they know you’ll believe in them.""It's all about mindset. The confidence to do it comes from just getting out there and doing it.""Opportunities are everywhere if you’re curious, observant, and ready to connect."Timestamps:00:00 - Introduction01:49 - DeAnna's Story04:25 - DeAnna’s First Business Acquisition07:02 - Food Truck Park Deal12:16 - Consulting for Equity19:31 - How DeAnna’s Event Management Skills Translated into Growth.22:26 - Confidence and Personality in Business Deals.29:49 - DeAnna’s Venture into an Accounting Business.34:12- How DeAnna Strategized her Business Acquisition Deals.41:14 - DeAnna's Advice on Overcoming Mindset BarriersCONNECT • Ask Roland a question HERE.RESOURCES:• 7 Steps to Scalable workbook • Get my book, Zero Down, FREETo learn more about Roland Frasier 👉 https://msha.ke/rolandfrasier/Connect with me on social:🎵 TikTok: / rolandfrasier 📸 Instagram: / rolandfrasier 📱 Facebook: / rolandfrasierpage 💼 LinkedIn: / rolandfrasier Subscribe to Roland Frasier 👉 / @rolandfrasierepic Mentioned in this episode:Get Roland's Training on Acquiring Businesses!Discover The EXACT Strategy Roland Has Used To Found, Acquire, Scale And Sell Over Two Dozen Businesses With Sales Ranging From $3 Million To Just Under $4 Billion! EPIC Training
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Aug 2, 2024 • 20min

Walking The Line: Personal Growth, Family, and Entrepreneurship

Welcome to a new episode of Business Lunch! Today, Roland Frasier and Ryan Deiss discuss the real-life challenges of entrepreneurship, personal growth, and finding that elusive work-life balance. They emphasize the importance of maintaining non-work activities for a fulfilling life. Discover practical strategies for financial resilience, the power of fresh perspectives in business, and the myth of work-life balance. Tune in for an honest conversation that goes beyond the usual “everything's great” facade and provides actionable advice for thriving in both business and life.Highlights: "Anybody who, when you ask them like, 'Oh, how's it going?' If they're always like, 'great,' you're probably not that close to them.""It's very possible to be self-employed or start a business from scratch and still have a family life. You will work differently than a nine to five typical job.""There's a big difference between being an entrepreneur and being self-employed. You have to be responsible for the allocation of your time."Timestamps:00:00 - Real Talk on Entrepreneurship00:18 -  Reflecting On New Year's Resolutions01:14 - Honest Conversations02:10 - Cash Reserves Strategy03:31 - Operating Expenses Reserve06:26 - Andy Jassy's Leadership at Amazon09:10 - Setting a Rallying Theme11:07 - Metrics and Goals12:34 - Work-Life Balance Myth15:27 - Time Management for EntrepreneursCONNECT • Ask Roland a question HERE.RESOURCES:• 7 Steps to Scalable workbook • Get my book, Zero Down, FREETo learn more about Roland Frasier 👉  https://msha.ke/rolandfrasier/Connect with me on social:🎵 TikTok:  / rolandfrasier   📸  Instagram:  / rolandfrasier  📱 Facebook:  / rolandfrasierpage  💼 LinkedIn:  / rolandfrasier   Subscribe to Roland Frasier 👉     / @rolandfrasierepic  Mentioned in this episode:Get Roland's Training on Acquiring Businesses!Discover The EXACT Strategy Roland Has Used To Found, Acquire, Scale And Sell Over Two Dozen Businesses With Sales Ranging From $3 Million To Just Under $4 Billion! EPIC Training
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Jul 24, 2024 • 17min

Insights on Branding, Business, and Work/Life Balance

Roland Frasier and Ryan Deiss discuss the Hermes anti-trust case, content creation challenges, and Jeff Bezos' views on work-life balance. They explore the high cost of buying a Birkin, the struggle of producing content, and the concept of work and life as a circle.

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