Exit Coach Radio

A 1 minute excerpt from a recent interview with Rhett Power. Hear the full interview by entering 'Rhett Power' into our search index at www.ExitCoachRadio.com. We upload new content daily so check back often! Transcript: Ross: Before we made our exit, we wanted to build a company that we could be proud of, that could be a legacy company, that could have and be a player in the toy-space. That was our first priority. Out exit strategy was to either go public, or sell the company to a larger player in the industry that could capitalize it even more, and that's what we did. It's an expensive business model when you're talking about a business like the toy business. Sometimes, you put in 50 - $100,000 into a product and it doesn't sell. So, we knew that going in, we knew the model was tough, but we wanted to build a company that we could be proud of. Then, as some point we knew we have to find a strategic partner to come in and really capitalize it the way it needs to be capitalized.  To hear more tips from over 750 Advisors, visit exitcoachradio.com Text "Exitcoach" to 44222 and get a copy of 100 Words from 20 Advisors!  

Here's a past highlight from one of our Guests. Find their full interview at www.ExitCoachRadio.com -- just click "Audio Library" in the "LISTEN" section and enter their name to hear all of their past interviews! Transcript: Cathy: For the two to fifty employer, you are not required to have group health insurance, but each and every one of your employees, because every person is supposed to have healthy insurance effective March 31st of this year. If you don't offer a group plan, then your employees will go to the exchange or marketplace, or coverca.com and buy a plan. They're not gonna like the prices, they're not gonna like the plans, and the big issue is going to be very small so their doctor or their hospital is probably not in the exchange. So, now, they're going to come back to you and say, "Mr. Employer, you need to put a group plan in so we can have the doctors and the hospitals we want to go to." My other issue is, if we have small business owners who have a group plan and they go, "Oh I'm gonna drop me plan and tell all of my employees to go to the marketplace." Again, they're gonna be upset, they're not gonna like it, and my big question is, Mr. Business Owner, do you really want to go to the exchange? Because if you don't have a group plan in place, you now have to go to these plans that have a very small network, and don't have all the doctors and hospitals that you want to go to. We add new content daily,so come back often!

We are super excited to have our first book launching within a week. Who Are the Joneses Anyway? has already proven popular with its early readers is generating plenty of buzz as the launch date nears. Questions Answered:  1) What is your book about? 2) What inspired you to write your book? 3) What’s next for you? Contact Info:  Website: www.whoarethejonesesanyway.com Email: bob@bobkarcher.com Bonus Material:  Book now available on Amazon!

Bill Black interviews Christina Haxton regarding recognizing and dealing with signs of burnout and William DeTemple about setting your sights on developing a $100 million business. Listen to the live show Sundays at 10am and 6pm on AM830 in the Los Angeles area or listen to recorded shows anytime at ExitCoachRadio.com. And be sure and get the free e-Book "Business Continuity: 5 Steps to Protect your Family", a True Story of a business planning tragedy and steps you can take so your Family does not become the Victim of an Unplanned Business. To Download it FREE  Click Here .  Sponsors: BarthCalderon, LLP Exit Retirement Strategies, Inc.  BEI  HKA Marketing Communications  Jeffrey M Verdon Law Group  Empire Business Solutions  Albert J Rasch Associates

Bill Black interviews Richard Hansson regarding his business communications program that streamlines communication while capturing "water cooler knowledge." Listen to the live show Sundays at 10am and 6pm on AM830 in the Los Angeles area or listen to recorded shows anytime at ExitCoachRadio.com. And be sure and get the free e-Book "Business Continuity: 5 Steps to Protect your Family", a True Story of a business planning tragedy and steps you can take so your Family does not become the Victim of an Unplanned Business. To Download it FREE  Click Here .  Sponsors: BarthCalderon, LLP Exit Retirement Strategies, Inc.  BEI  HKA Marketing Communications  Jeffrey M Verdon Law Group  Empire Business Solutions  Albert J Rasch Associates

Jim Immel, Founder, Immel and Associates, Inc. discusses his experience as a Trusted Advisor and the need to prepare to have the answers to critical questions that spouses have of their Advisors when a death occurs. Transcript: Jim: One of the things that a lot of business owners are doing, is that they're heads down, they're growing their business, they're focused on the day-to-day. And they're, again, back to being very optimistic and looking at what they can accomplish. And risk management is just not natural to most business owners. One of the questions I like to ask to get business owners to just slow down for a moment, and to think, is to imagine for a moment that you had passed away, and week after your funeral, if I'm your most trusted advisor, your widow calls me and says, "Jim, I have a few questions, do you have a little bit of time?" What are those 5 or 6 questions that I should be prepared to answer that your wife might be asking me when she gets here? What are the things that we should prepare for? When I've asked that question to a lot of business owners, they realize that they're not ready for that event. The risk management planning, the contingency planning is pretty important, because what that really does, is it helps us start down the path of making sure the business is prepared in so many different ways. Because, if you think about it, it helps you prepare for a living buy-out, as well. We add new content daily,so come back often! To hear more tips from over 750 Advisors, visitexitcoachradio.com Text "Exitcoach" to 44222 and get a copy of 100 Words from 20 Advisors!

Here's a past highlight from one of our Guests. Find their full interview at www.ExitCoachRadio.com -- just click "Audio Library" in the "LISTEN" section and enter their name to hear all of their past interviews! Transcript:  Bill: Have you ever heard of the entrepreneurial operating system? We asked expert Randy Taussig how it works. Randy: What I do, the way I help these organizations, is I implement a system. A system of really running all the moving parts of the business. And one of those moving parts is certainly the people part, and there are tools around this system that help the leadership team accomplish 3 basic things. I refer to it as vision, traction, and healthy. Vision is what we talked about, that's clear alignments in the leadership team on down, of where the organization is going and how it's gonna get there. That traction component is really the discipline, the accountability, the structure to get the organization there. And healthy is really sort of the outcome, it's a healthy, functional, cohesive team. People know what their jobs are, they know what their role is, they know how what they do has an impact on the company, and eventually this whole methodology gets rolled out throughout the whole organization. So, it's really a holistic look, and this system that I'm referring to is called EOS, the Entrepreneurial Operating System.  To hear more tips from over 750 Advisors, visit exitcoachradio.com Text "Exitcoach" to 44222 and get a copy of 100 Words from 20 Advisors!  

Jeffrey Verdon is a premier Asset Protection attorney. Here is a brief interview highlight.

Bill interviews Wayne Pinnell "Get Your CPA Involved in Your Exit Plans Early" and Elizabeth LeDoux "Creating a Successful Transition Flight" Listen to the live show Sundays at 10am and 6pm on AM830 in the Los Angeles area or listen to recorded shows anytime at ExitCoachRadio.com. And be sure and get the free e-Book "Business Continuity: 5 Steps to Protect your Family", a True Story of a business planning tragedy and steps you can take so your Family does not become the Victim of an Unplanned Business. To Download it FREE  Click Here .  Sponsors: BarthCalderon, LLP Exit Retirement Strategies, Inc.  BEI  HKA Marketing Communications  Jeffrey M Verdon Law Group  Empire Business Solutions  Albert J Rasch Associates

Here's a past highlight from one of our Guests. Find their full interview at www.ExitCoachRadio.com -- just click "Audio Library" in the "LISTEN" section and enter their name to hear all of their past interviews! So many times we catch workers doing something wrong and ignore them when they are doing something right. Coach Randy Noe  discusses another approach that reinforces good behavior. To hear his full interview enter his name in the search field.  

Chuck Blakeman discusses re-evaluating our business structure to maximize efficiency and decision making.    Here's a 1 minute highlight from one of our Exit Coach Network Shows. Find the full interview at www.ExitCoachRadio.com -- just click "Exit Coach Network" in the "LISTEN" section and click on the show name to hear the full interview!

Katherine Wertheim is the President of Werth-It, a resource for business owners that want to learn how to fundraise when they serve on a non-profit board of directors.  Questions Answered:  1. What should a business owner know when they're asked to serve on a board for a nonprofit? 2. How can business owners participate in fundraising, without donating a lot of product or services to nonprofits? 3. How can nonprofit boards get better on F.R.? 4. What can a business owner do to get the nonprofit to be better about fundraising, so that fundraising doesn't take a lot of time and can raise more money? Contact Info:  Email: werthwhile@aol.com Bonus Material:  Listeners can receive a copy of a white paper on how to evaluate the fundraising that an organization does. The paper is called The CATE Formula, contact werthwhile@aol.com

Here's a past highlight from one of our Guests. Find their full interview at www.ExitCoachRadio.com -- just click "Audio Library" in the "LISTEN" section and enter their name to hear all of their past interviews! We add new content daily! Listen on iTunes: iTunes.ExitcoachRadio.com .

Here's a past highlight from one of our Guests. Find their full interview at www.ExitCoachRadio.com -- just click "Audio Library" in the "LISTEN" section and enter their name to hear all of their past interviews! Transcript:  John: There's nowhere to hide, there's no sure bet. And we're suggesting for those who can't afford, you know, "we're preparing to retire, I'm gonna start taking money out," they have to understand that they cannot afford a 50 to a 90% decline. So, what can we do? We're suggesting that we be more diversified than ever before. Most of us cut our teeth on mutual funds. What the mutual fund industry has taught us, the best way to invest is through a mutual fund, and when we look at the mutual funds, no matter how many you count, there are really only three categories: it's cash, it's bonds, and it's stocks. That's it! Well, the hedge to stocks is commodities. How much exposure do you have to commodities in your mutual funds? None. So, if you have real exposure to commodities, that's now a fourth leg underneath your stool, right? The natural hedge to bonds would be real estate investment trusts, business development corporations, where the yields are very predictable. That would now be the fifth leg underneath your stool. And then the natural hedge to the US dollar, for those who travel, certainly understand foreign currencies, and that would be a sixth leg underneath your stool of life savings. Insurance or annuities might be a seventh leg, but now we have seven legs underneath your stool. Certainly, we would all agree that seven legs under anything is more stable than one, two, or three.  To hear more tips from over 750 Advisors, visit exitcoachradio.com Text "Exitcoach" to 44222 and get a copy of 100 Words from 20 Advisors!  

Bill interviews Mary Marshall "Solving the Entrepreneurial Puzzle"   and Bill Ellermeyer "The New World Order of Work" Listen to the live show Sundays at 10am and 6pm on AM830 in the Los Angeles area or listen to recorded shows anytime at ExitCoachRadio.com. And be sure and get the free e-Book "Business Continuity: 5 Steps to Protect your Family", a True Story of a business planning tragedy and steps you can take so your Family does not become the Victim of an Unplanned Business. To Download it FREE  Click Here .  Sponsors: BarthCalderon, LLP Exit Retirement Strategies, Inc.  BEI  HKA Marketing Communications  Jeffrey M Verdon Law Group  Empire Business Solutions  Albert J Rasch Associates