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In this insightful episode of Acquisitions Anonymous, the hosts delve into a network of indoor family entertainment and recreation centers. With a focus on the business's strategic Midwest locations, operational excellence, and impressive financial growth, the team navigates through various aspects such as the impact of COVID-19, capital expenditure considerations, market competition, and potential buyer profiles. This episode offers a balanced exploration of both opportunities and challenges in acquiring a large-scale entertainment business.Today's deal comes from Axial. Axial is a trusted deal-sourcing platform serving professional acquirers in the American lower middle market.Thanks to our sponsors for this week:Acquisition Lab and their team have been longtime supporters of the pod.Created by Walker Diebel author of Buy Then Build: How to Outsmart the Startup Game, is an accelerator with a highly vetted cohort-based educational and support community for people serious about buying a business.Acquisition Lab exists to help people buy a business and navigate all the complexities of the process, as well as provide a trusted framework, tools, and resources to support you from search to close.If you are serious about buying a business, check out acquisitionlab.com or email the Lab's director Chelsea Wood, chelsea@buythenbuild.com.-------------CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options. Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.
In this insightful episode of Acquisitions Anonymous, the hosts delve into a network of indoor family entertainment and recreation centers. With a focus on the business's strategic Midwest locations, operational excellence, and impressive financial growth, the team navigates through various aspects such as the impact of COVID-19, capital expenditure considerations, market competition, and potential buyer profiles. This episode offers a balanced exploration of both opportunities and challenges in acquiring a large-scale entertainment business.Today's deal comes from Axial. Axial is a trusted deal-sourcing platform serving professional acquirers in the American lower middle market.Thanks to our sponsors for this week:Acquisition Lab and their team have been longtime supporters of the pod.Created by Walker Diebel author of Buy Then Build: How to Outsmart the Startup Game, is an accelerator with a highly vetted cohort-based educational and support community for people serious about buying a business.Acquisition Lab exists to help people buy a business and navigate all the complexities of the process, as well as provide a trusted framework, tools, and resources to support you from search to close.If you are serious about buying a business, check out acquisitionlab.com or email the Lab's director Chelsea Wood, chelsea@buythenbuild.com.-------------CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options. Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.
In this insightful episode, Dr. Kevin Mailo and Dr. Wing Lim engage in a profound conversation about self-control in time management. The discussion unfolds with a reflection on the evolution of time management concepts from one-dimensional to multi-dimensional approaches.Dr. Wing Lim introduces the audience to the Franklin Covey time management matrix, emphasizing the importance of not just handling urgent tasks but also allocating time to nonurgent yet crucial activities. He delves into the concept of significance, urging listeners to consider the long-term impact and purpose behind their actions.The episode further explores the notion of creating more time tomorrow by investing time today. Dr. Wing Lim introduces the concept of a "permission funnel," comprising permissions to eliminate, automate, delegate, procrastinate strategically, and concentrate on essential tasks. The episode concludes with a powerful reminder of the preciousness of time and a preview of future discussions, including an upcoming episode on delegation—a key component of effective time management. Overall, the conversation serves as a guiding light for physicians looking to regain control of their time and live a more purposeful and fulfilling life.About Dr. Wing LimIn 1993, Dr. Wing Lim embarked on his journey as a family physician, facing immense challenges in his first year. Despite putting in 100-hour workweeks, financial struggles, a receptionist issue, and the threat of eviction were formidable obstacles. Rather than retreating, Dr. Lim embraced these challenges, teaching himself Practice Management and transforming his approach.This resilience and newfound expertise turned his practice from that of a struggling "lone wolf" to the founder of one of Alberta's largest medical clinics. Dr. Wing Lim's story is a testament to overcoming adversity, highlighting the transformative power of learning and adaptation in the dynamic landscape of healthcare.Resources discussed in this episode:Stephen Covey: StephenRCovey7 Habits of Highly Effective People: franklincovey.comDragon Dictate: dragondictations.orgRory Vaden--Physician Empowerment: website | facebook | linkedinDr. Wing Lim/Synergy Wellness Centre: website | linkedin | Synergy Wellness Centre--Transcript:Dr. Kevin Mailo 00:01Hi, I'm Dr. Kevin Mailo, one of the CO hosts of the Physician Empowerment Podcast. At Physician Empowerment, we're dedicated to improving the lives of Canadian physicians, personally, professionally, and financially. If you're loving what you're listening to, let us know, we always want to hear your feedback, connect with us. If you want to go further, we've got outstanding programming, both in-person and online. So, look us up, but regardless, we hope you really enjoyed this episode. Dr. Kevin Mailo 00:35Hi, I'm Dr. Kevin Mailo, one of the CO hosts of the Physician Empowerment Podcast, and you guys probably already know that, because that's how I introduce myself every single time I'm on the show. And today, I've got my fellow co-host, Dr. Wing Lim, and again, I think most of you know who Wing is and what he does. And he's the one that leads our master class and does a phenomenal job teaching the ins and outs of high-level tax planning, wealth creation strategies, real estate investing. But there's a lot here with Wing. And that's why I look to you Wing like a mentor because I've learned so much from you, in so many facets of my personal and professional life. And one of the things in my personal life that I learned from you is the notion of time management. And so that's what we're going to cover today. And I'm very interested to hear your thoughts on how it is you've achieved so much in real estate development, full-time practice, a family, travel, you've done so much. And a lot of this comes down to not only goal setting but time management. So, why don't you talk and share some of your thoughts on this? Because I'm very interested to hear about it. Dr. Wing Lim 01:49Yeah, thank you, Kevin, for a very kind introduction. And I say when people talk up on you, you wish you would live up to it. And so I love doing this because every time we share with our colleagues, we're more alike than different whatever your specialty, and now listenership is not just in with MDS, right, they're out of medical professionals that they're dialling in. So, we all dealt with this problem that we're time broke, right? And at first time I heard this term, this is like 25 years ago, maybe, what does time property mean? Well, because there are people who trade time for money, and that's us, right? We trade time for money. You don't have trade time, you have no money, right? So, you keep trading time for money. And then the problem is, then very soon, you run out of time, right? So, you and I went through gruesome training, we all did, right? 120 hours way back residency, when we did one in two calls, one in three calls, 36 hours straight. Right? And even when I started my practice, 100 hours a week, so you pretty soon run out of time. So, then we take these time management courses, we pay for it way back? And then what do you get? Right? So, I think all of us understand that we need to manage time. So, I think all of us would at least have a to-do list. You know, we have this to-do list every day you put down, right? And then I learned as I go and then I learned that that doesn't work. How many of you and I will look at the to-do list and we actually get better? In fact, what you're doing on a to-do list is just bumping, right? You're just doing it based on urgency. So then, some 10 years later, decades later, the thinking and time management's like medical journal, right, like medical thinking, it's changed. So, that's called a one-dimensional time management. And you've just bump things, in fact, nobody could control time, time is a commodity that you cannot control. Time goes on whether you do it or not. And the truth is, most of us can do the urgency, but time management or event control, let's call it better event control. It's a very emotional base thing. Right? You and I have said, Okay, I gotta get these charts done. I gotta do that stupid medical legal report or WCB report. And you were so stressed out, that you ended up clicking on a mini-series six episodes later of the Netflix. Right? Ya know. Dr. Kevin Mailo 04:12No, It's true. And a lot of it is we feel overwhelmed by how much we have on our plates. And so then it becomes very easy to procrastinate or distract ourselves. And it can even be distracting ourselves, not just with like idle leisure, but even distracting ourselves in work. Right, that rather than doing the hard stuff, you know, maybe we go do some errands around the house or, you know, get some shopping that's not urgently needed to be done. Even just going to work and doing more paperwork. Dr. Wing Lim 04:44Yep. And then we just keep being busy, right? But keeping busy doesn't mean keeping being productive. Right, so I'm the perfect Master of this. I have 15 things on my to-do list today and I only got four done, right and every day you just keep bumping it right? So, that's called the first dimension. There's actually different dimensions, polly dimensional. So, dimension one is the to-do list, and it's based on urgency. Okay, which one do you bump? And we know that that's not adequate. Now then comes the 80s and 90s. And then there's a guy, Franklin Covey. I don't know how many of you heard of Franklin Covey. I used to have a big binder, called Franklin Covey binder, but that's how you organize the life, and Covey “The Seven Habits of Highly Effective People”, right, he's the guy. Dr. Kevin Mailo 05:31Oh, Stephen Covey. Dr. Wing Lim 05:34Stephen Covey? Yes. Dr. Kevin Mailo 05:35No, I got you. No worries. Dr. Wing Lim 05:37Yeah, yeah. So, there are two companies that join, right? So, Frank. Anyways, the two companies and so that's called Franklin. I used to have these big Franklin folders. And they go into the urgency and importance, right? This is called a time management matrix, where some of you have heard it from The Seven Habits of Highly Effective People, right? So, you have the urgent, nonurgent, important, not important, then you got four possibilities, right? And most of us still deal with urgent/important things. This is actually people who, like you'd practice within ER, you're dealing with urgent, important things, right? But nonurgent, and not important things get ignored. Right? And that's why they say, why do people not read more? And the Maestro says because books don't ring? Right? You will always answer to the phone, to the urgent things, but they're important things that we don't deal with. So us physicians and medical practitioners, are no tourists dealing with more urgent stuff, and we push the important things away. And then it fights back, I have literally met colleagues that forgot to file taxes for seven years. And the CRA came to the door and garnish their wage. How do you do that? Right? Because you keep doing the urgent one, right? And you forgot about it? So, this Time Matrix thing helps people to do okay, I need to apportion the time, right? Dr. Kevin Mailo 07:00Well, I was just gonna say even if you don't internalize it, so rigidly and for anybody that has not read Stephen Covey's The Seven Habits of Highly Effective People, I strongly recommend reading it, but even just to be able to have that mental pause, when something comes in front of you, whether you hear about it, or you read about it, or somebody you know, you're reminded of it in your head, say, is this truly urgent? Is it distracting me from what's important that I have to get done to move ahead on this project with this goal? Sorry, please continue. Dr. Wing Lim 07:34So, it's absolutely important exercise. So, for those of us who are still stuck with this linear thing called the to-do list, you need a second now y-axis to create the importance. And so you and I need to apportion our days, that the toughest one, or the nonurgent, but important things. Buying tax return, doing your tax planning, right, you know, those things are super important. If you don't invest in these relationships then relationships blow out, right down the row. And so definitely, that is important. But then at the end of the day, you are still juggling different things. And the biggest thing and the motive here, the MO is to do more things, right? But there's still not enough time of the day, right? You still don't create time. So, then I attended a leadership conference, I think during COVID or pre-COVID. And the guy said there's a third dimension, oh, what is the third dimension? The third Dimension is called significance. Right? You don't just deal with what is there, you deal with what is the long-term significance. The longer significance is not just what is important, is way beyond that. I went to a leadership conference way back a big 20,000-people thing in the States and they talked about legacy, what you're left with, and after that, that conference, that's how I gave birth to, dug up my dream and gave birth to Synergy Wellness Center. But these things are life-changing. What is significant to you, what is the endgame? And so when you throw in the X, Y, and Z axis, it changes what you're going to do. It may change your priority and change what you do. You've been doing things for so many years for decades. Isn't why you're still doing it. Right? You need to ask why? Why am I doing this? You're running on a treadmill now for 10, 20, 30 years, trading time for money, right? We're talking a lot of colleagues and say, I'm like 40 some year old practitioner. I got X number of dollars in debt. I can't afford to retire. Why am I doing this? Right, and a lot of people have that midlife thing awoken and say this is getting nowhere and that's why there's so much attrition people walking out of the profession. Right, so until we find out why we don't know what we're doing. And then there's this guy call. I forgot his name. Now, Rory, somebody, Rory Haun there we go. Rory Haun, give him the credit for doing this. And he says there's this funnel that you can help create time. Right? You really you can create time? You mean like other than the Avenger Timestone? You can create time? And the question is what can you do today, to create more time tomorrow? Wow, that's absolutely amazing. How do you create more time tomorrow? Well, are there things that you can do today? So, that you don't have to do it tomorrow? Okay, give you an example. Right. And you and I do charts, do things every day, right? We have chart work to do. If you have a way to let's say, create a macro in electronic medical record system EMR, it does the template for you, or those of you dictate, Dragon Dictate. Kevin you've tried that, right? Things that could save you time, right, then you get this ROTI, return on time invested. So, what can you do today that invest a little bit more time so that you reap the benefit? And the equation that I got was 30 times 30. So, whatever tasks you want to give up to make it disappear, you invest 30 times the time you spent. So, for example, a five-minute task, you invest 150 minutes, okay, simple math. What is the five-minute task, something that your staff could do? And so the problem that we have is we are our top enemy. We're the worst enemy because we want to do it. If you do want to do right, do it yourself. The more years we spend in tertiary care settings, the more we don't trust people, right, we just trust ourselves. I have, especially colleagues, if you refer them, they redo all the investigations all over because they don't trust anyone. So, this mistrust becomes difficult for us to delegate. And that's a different session we're going to talk about it's just delegation. But to delegate, you need a process, but the time we're talking about time management here, event control is a five-minute event you want it disappear in your daily life. It could be doing a chart, doing something that your clinic work. Invest 30 times 150 minutes to teach, delegate one of your staff to do the job for you. And then poof, you're earn five minutes per day. What if is an hour, 30 times, invest 30 hours. And that could be learning EMR. By learning EMR, what shortcuts can I do, so that I make these stupid things disappear? Right, prescription refills, you name it, and you invest 30 hours. I have colleagues who would not have 30 hours to get for anything. But you know what, if you invest the 30 hours, you earn one hour a day. And why don't we do it? Dr. Kevin Mailo 13:02It pays for itself in a month, and you still have your career to run. Dr. Wing Lim 13:06You want to make more money and you might keep a relationship that you cherish or sports or some hobby that you don't have to kill. Dr. Kevin Mailo 13:14You know, I mean, even just reflect like in, you know, in our personal lives, the parallel is children. I mean, you can sit there and you can clean up after your children. But at some point, you just need to teach them how to scrub floors, and tidy up the house and do their laundry, even if it's like you said, 30 times that it takes you to just do this task yourself. But you realize that ultimately you're creating more time for yourself and less stress, Right? And so this dovetails with every aspect of our lives. It is just willingness to put in a little bit of front-end investment in time to make our lives easier and simpler. Moving forward. Dr. Wing Lim 13:58Right, exactly. So, let's just end this episode with a funnel, okay, this funnel is called the permission funnel. We need to give ourselves emotional permission, okay? I can give myself emotional permission but once you give yourself emotional permission, then you can move forth. So, the first question, the first permission you give yourself is to eliminate. Elimination that's one. Can I do without this? Okay, can I do with all these things? Say no. Say no, no, no no for people like me who was a yes man, mostly, it's a very difficult thing. But if we want to get on top of this time management thing or more control, event control thing. We have to say no, can I do without it? So, the first permission is the permission to say no and exit out. I don't want to do it. Permission number two is can we all automate. Right? We're in an automation world. AI is gonna run the world. AI can read CT scans, better than we could, right? So can we automate? If you can automate, you're done. But the automation is not just AI, just technology. Automation means systemization. Can you have a system in your workplace, in your practice, in your finances, in your home life? Is that something that can be systemized? Right? And, of course, that's a different topic altogether. Can you systemize it? Or can you use technology to do it? Once you can automate, you're done. The third permission is permission to delegate. Okay, and we're going to have a whole talk about delegation. Can we delegate that away? And the fourth permission is, can I procrastinate? So, you thought procrastination is a bad thing. Yes, it is. Procrastination is the assassination of motivation, as somebody once said that, but there are things that we should procrastinate because we have a finite amount of time, right now. So, things that don't fit that grid, X, Y, & Z grid. You need permission to procrastinate, to go back to the funnel, okay? So, you either procrastinate, or you number five, concentrate. And whatever goes into the concentrate is like the filtration. You put all your time, energy, effort, you and your team into the concentrate, and get it done. And that's how people move and shake the world. Right? Dr. Kevin Mailo 16:33It's very powerful. Dr. Wing Lim 16:33And it's never been to me, I've lost so many people right in this space. But this actually did it for me, this crystallizes everything. Dr. Kevin Mailo 16:48Very powerful, very powerful. You know, I'm reflecting on when we were in Mexico in 2021, teaching with Physician Empowerment. And I remember coming across some wisdom that you shared as well, Wing because I think I actually had to deliver that talk. But I know that it was your wisdom and your knowledge in this space of time control. But one of the key elements here is that it's not actually time control. Because like you said, time is passing us by. It's truly self-control. It is self-control. It's knowing your priorities, setting them, and then sticking with them, even if that means saying no. And it's not just no to external requests on your time, your staff, your colleagues, your family, friends, whomever is asking for your time, but it's even that internal voice telling you, oh, but go do this, it's easier, right? Or this is important now. When it truly isn't, if you're honest with yourself, and that's about, again, self-control, not time control. And I think that's very powerful. Because when you look at people who have achieved enormous things, you know, heights in, you know, reached enormous heights, in business, politics, athletics, whatever. Fundamentally, they have the same number of hours in a day, as we do. Chosen, like you said Wing, to concentrate and focus. And it is fundamentally self-control, whether you're an athlete, a performer, you know, a business or political leader, or you know, even just a great dynamic physician, it comes down to self-control. And I think that is so, so powerful. And so key. That's certainly what I've taken away from listening and reflecting in this space. Dr. Wing Lim 18:40Mm-hmm, exactly. So, if we could apply these simple principles in every facet of our life, then we can have some freedom. But at the end of the day, we yeah, we only live one life, right? And we're getting older one day at a time, right? So, the sooner we get this in our brain, the sooner we reorganize our life and control our life. Then you get your life back and have more freedom. Dr. Kevin Mailo 19:10The only other reflection I really had was just how precious time is. And I did not appreciate this 20 years ago when I was a teenager. But I blink and a decade has gone by, I blink and another decade has gone by. And so the challenge is to ask yourself, what am I doing right now, with the time that I have, especially realizing that we don't know how much of it we actually have here. And I think that allows us to focus down and say, Okay, this actually isn't a priority. And I'm not going to worry about it. I'm not going to that meeting. Or I'm not doing that, you know, answering that email, because, frankly, it's not going to be something I'm going to remember a year from now, let alone a decade from now in my life, right? And so, again, just recognizing how precious these years in our lives are and that these years are comprised of a million small moments and countless hours that do drift by if we don't exercise that self-control. Dr. Wing Lim 20:13Mm-hmm, exactly. Exactly. Dr. Kevin Mailo 20:16Yeah. No, it's It's a wonderful topic. I think we could go on and on about it. But we are going to do a future episode where we cover delegation, right, which I think is the key to effective time management. Is being able to hand tasks off, or as you said Wing, we automate a process. Yup. So, we'll cover that in a later episode. And I'm really looking forward to it. Because again, these are the things I think speak to all of us regardless of specialty, regardless of stage of career, I think we all feel too busy. And we want a way out, we want things to be better, and they can be unconfident in it. Dr. Wing Lim 20:58Exactly. So, imagine you could go home at five o'clock, six o'clock, whatever, and be done with work, wouldn't that be a dream? Dr. Kevin Mailo 21:06True. Totally done. Yeah. Awesome. Thanks so much. Dr. Wing Lim 21:12Thank you, everyone.Dr. Kevin Mailo 21:15Thank you so much for listening to the Physician Empowerment podcast. If you're ready to take those next steps in transforming your practice, finances, or personal well-being, then come and join us at PhysEmpowerment.ca - P H Y S Empowerment dot ca - to learn more about how we can help. If today's episode resonated with you, I'd really appreciate it if you would share our podcast with a colleague or friend and head over to Apple Podcasts to give us a five-star rating and review. If you've got feedback, questions or suggestions for future episode topics, we'd love to hear from you. If you want to join us and be interviewed and share some of your story, we'd absolutely love that as well. Please send me an email at KMailo@PhysEmpowerment.ca. Thank you again for listening. Bye.
Did you know that we have many provenamazoncourse.com Amazon sellers who use our REPLENS strategies to build multiple seven figures businesses? One of the great leaders on our team actually did about $13MM last year and get this -he's aiming for $36MM next year on Amazon with his unique approach to REPLENS WHOLESALE. And he's sharing all the details on today's new podcast episode! Watch this episode on our YouTube channel: https://youtu.be/sKsCRzxobkU We are also launching our limited access WHOLESALE MASTERMIND GROUP at AdvancedWholesaleMastermind.com as part of this episode. Stay in touch! Text the phrase "SilentJim" to 507-800-0090 to stay up to date on our latest FREE training events and other important updates! Opt-out any time of course! Email and Facebook are so unreliable - we'd hate to lose touch with you! Show note LINKS: AdvancedWholesaleMastermind.com : Join Karl, several top performing leaders from our team and a few dozen of your fellow business building warriors from our community as you dive into the same cutting edge strategies that Karl has used to build his $13million empire. The website has all details. Smart Scout: One of the tools used by Karl to hunt for wholesale - discount offer at SilentJim.com/ss My Silent Team Facebook group https://www.facebook.com/groups/mysilentteam 100% FREE! Join 70,000 + Facebook members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like this one anywhere else in the world! Keepa.com - https://get.keepa.com/ede41 -The service we use to help interpret all of the selling data. Keepa is discussed in depth on episode 369 at https://silentjim.com/podcast JimCockrumCoaching.com - Get a free session with a business consultant on our team at 1-800-994-1792 / 1-801-693-1688 or TEXT US at 385-284-7701 (US & Canada only for Text) ALL of our coaches are running very successful businesses of their own based on the models we teach here! ProvenAmazonCourse.com - the comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training including of course the most popular starting point, the REPLENS selling model. The PAC is updated free for life! Today's guest: Karl Jacobi
Jeffrey Gabriel, CoFounder of Saw, domain brokerage firm that has helped many startups get their ideal domain name, Guinness World Record sale Sex URL 13MM is interviewed by David Cogan famous host Heroes Show and Founder Eliances entrepreneur community.
Greetings & welcome back to the rose bros podcast.This episode we are joined by Brad Docherty - Founder, Chairman, President & C.E.O of Source Rock Royalties - Canada's only junior publicly listed energy royalty company with ~75,000 gross acres of royalty lands and a market cap of ~$30 million.Since 2014, Source Rock has grown consistently through acquisitions, paying approximately $13MM in dividends with the use of no debt. Brad graduated from Mount Royal University with a Bachelor of Applied Justice Studies in Criminology, and the University of Victoria with a Bachelor of Laws degree. Among other things, we discussed being Canada's only junior energy royalty company, the sweet spot for acquisitions, win-win deals, why royalties can be a tool in the capital structure & how technology is unlocking new opportunities in energy. Enjoy! This podcast episode is sponsored by Connate Water Solutions.Do you need cost effective water sourcing options to supply your next drilling or completions program?Connate Water Solutions is a specialized hydrogeology company focused on water well drilling, testing and water management services in Western Canada and Texas.Contact info@connatewater.com or www.connatewater.com for more details.This podcast is sponsored by Headracingcanada.comLooking for high performance ski gear this winter? In partnership with 4x-Olympian Manny-Osborne Paradis, Headracingcanada.com is offering the lowest prices possible through its online storefront, by passing brick and mortar savings to customers. Check out Headracingcanada.com for more info on high performance gear for the upcoming ski season. Support the show
In today's edition of Daily Compliance News: · Cardinal Health to pay $13MM for FCA claim. (Reuters) · Junior auditor liability in UK. (WSJ) · Corruption in Latin America growing. (Miami Herald) · Mike Lynch attacks extradition treaty. (DailyMail) Learn more about your ad choices. Visit megaphone.fm/adchoices
In today's edition of Daily Compliance News: EU works to harmonize AML regs. (WSJ) Exxon considering carbon neutral pledge. (WSJ) FED lifts JPMorgan restrictions. (NYT) KPMG fined $13MM for role in sale of UK company. (FT) Learn more about your ad choices. Visit megaphone.fm/adchoices
We get together this week to talk about two deals:- a $13mm Scaffolding Rental Company in Minnesota - an $8.4mm Stationery Company mostly serving the governmental market-Enjoy!-----* Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel.* Do you enjoy our content? Rate our show!* Follow us on twitter @acquanon Learnings about small business acquisitions and operations.-----Past guests on Acquanon include Nick Huber, Brent Beshore, Aaron Rubin, Mike Botkin, Ari Ozick, Mitchell Baldridge, Xavier Helgelsen, Mike Loftus, Steve Divitkos, Dzmitry Miranovich, Morgan Tate and more.-----Additional episodes you might enjoy:#62 Two Landscaping Businesses for Sale - Mike Loftus CEO of Connor's Landscaping#66 Analyzing Software Businesses for Sale with Steve Divitkos, experienced industry CEO#42 $900k Moving and Storage Company / $500k Rural Mini-Storage#61 Two Manufacturing Businesses for Sale - Brent Beshore - Founder and CEO at Permanent Equity#24 $5mm pool services and lifeguard staffing co / $2mm septic services business - featuring baller @WilsonCompanies as a special guest!#45 $800k/yr cleaning business in Midland, TX / a $565k/yr window cleaning business in San Antonio, TX #48 Two Landscaping Businesses for Sale - Mike Botkin of Benchmark Group--- Support this podcast: https://anchor.fm/dealtalk/support
We get together this week to talk about two deals: - a $13mm Scaffolding Rental Company in Minnesota - an $8.4mm Stationery Company mostly serving the governmental market- Enjoy! --- Support this podcast: https://anchor.fm/dealtalk/support
Hilliard & Chris talk with writer/director/professor Camille Tucker about her amazing trajectory -- growing up in Compton near the Black Cowboys, selling her first script to Robert De Niro, developing other projects with major studios and even tells the story of co-writing Lifetime’s hit TV movie, "The Clark Sisters: The First Ladies of Gospel," which debuted to 2.7MM viewers and has had over 13MM viewers to date! This episode is brought to you by The Finish Line Script Competition! They are here to help writers succeed - visit https://finishlinescriptcomp.com for more information! If you want to check out Finish Line Script Competition’s other competition: The Tirota/Finish Line SOCIAL IMPACT competition. The year 2 competition celebrates film and television scripts that seek to raise awareness and inspire change regarding urgent issues with critical relevance across our society now, such as racial, gender or economic inequality; climate change; drug addiction; the broken foster care system; gun violence and more. Link: https://finishlinescriptcomp.com/tirota-finish-line-social-impact-script-competition/ Check out the ScreenWriterRR website at www.screenwritersrr.com for information, merch, or our Pateron! Support the show via the Patreon link. Remember support is love! We invest countless hours per week to deliver the actionable content that goes into this podcast. Connect with Us on Social Media: Chris Derrick on Twitter Lisa Bolekaja on Twitter Hilliard Guess on Twitter Camille Tucker on Twitter The Screenwriters Rant Room on Facebook The Screenwriters Rant Room on Twitter --- Send in a voice message: https://anchor.fm/screenwriters-rant-room/message
Stephanie Kaplan Lewis is a co-founder, chief executive officer, and editor-in-chief of Her Campus, an online magazine targeted toward American college women. Her Campus Media is the #1 media portfolio for Gen Z, reaching 100MM+ social followers and 13MM+ monthly unique visitors across its family of brands Her Campus, Spoon University, College Fashionista, InfluenceHer Collective, and Generation Hired. Keep up with Her Campus: Instagram/Twitter: @HerCampus Keep up with Stephanie: Instagram/Twitter: @StephKapLewis Lightbulb Moment is a podcast focused on spotlighting women in STEM, media, and entrepreneurship. This podcast is brought to you by the partnership between Jothi Ramaswamy and ThinkSTEAM, a 501(c)(3) nonprofit organization dedicated to bridging the gender gap in STEAM through various initiatives, including this podcast. Learn more about Lightbulb Moment: Instagram: @lightbulbmomentpodcast Twitter: @lightbulbmomxnt Website: https://anchor.fm/lightbulb-moment Learn more about Jothi Ramaswamy: Instagram: @jothiramaswamy Twitter: @jothi_ramaswamy Website: http://jothiramaswamy.com/ Learn more about ThinkSTEAM: Instagram: @thinksteaminc Twitter: @thinksteaminc Website: http://www.thinksteam4girls.org/ --- Support this podcast: https://anchor.fm/lightbulb-moment/support
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
Max Keiser, Wall Street veteran and Bitcoin pioneer just tweeted the following regarding his short term BTC price prediction: “As I’ve been pointing out... There’s nothing but air from $14,000 to new ATH. I don’t expect any kind of pullback until $28,000 and it may be short lived.” This was in response to a tweet from Matt Kaye who shared: "After $14,000 there are literally no coins on the books...Only 900 new BTC mined per day. That's ~$13MM of fresh daily sell side. These are the makings of a sell side liquidity crisis aka reflexive buying to the upside." Bottom line, most cryptocurrency influencers across the board are all pretty much very bullish right now on king of all crypto. For complete show notes and for the full premium experience with video, visit our YouTube channel at CryptoNewsAlerts.net
Vehano and Nick's Background:Founders of Dreamstone Invest out of Atlanta/Tampa which owns $13MM in multifamily real estateVehano has a CPA background, having worked in commercial banking, consumer goods, REITS, and moreNick brings an engineering background from residential construction and previously worked for IndyCarIn this episode we cover:00:04:56 Aligning goals and future planning00:08:08 Determining your goals and reversing what you need to do to get there00:11:48 The concept and execution of a retrospective00:15:35 Correcting course when the goalposts drift00:19:20 Focusing on the process and not the results, they will inevitably follow00:21:54 Sticking to your laurels and morals to not picking up the wrong business00:23:33 How to quickly get to a "No" on a deal to move on, and if you can't, it's worth looking into further00:25:30 Nick and Vehano's approach to keep projections conservativeConnect with Nick and Vehano:https://www.dreamstoneinvest.com/vehano@dreamstoneinvest.comnick@dreamstoneinvest.comConnect with Dave:Schedule a callWebsiteE-mailOther ways to listen/watch:https://lnk.bio/multifamilyFollow or Subscribe:Facebook GroupLinkedInInstagramYoutubeIf you enjoyed this episode or like the show, please subscribe and leave a review! It is a huge help for just a little effort
I spoke to Carl just over 5 months ago, his company was on the path to go public while establishing the Hash Bone product line. In that short amount of time Carl not only went public on the Canadian Stock Exchange (CSE) under the ticker HOLL and is also trading on the Over The Counter (OTC) market ticker HSTRF. But Hollister Cannabis Co. is not stopping there, the roll of signings continued with Tommy Chong and the relaunch of the celebrities brand under Tommy Chong Cannabis. The initial launch of this product will be a 1000mg Tommy Chongs Elixir a 1 to 1 CBD to THC tincture. Tactical Relief a veteran owned business that is committed to returning 5% of profits to veteran charities. The husband and wife team run Hollister Cannabis Co. straight of of San Benito County, but do not let this sleepy town define the business. As of this podcast the company is in the final stages in acquisition of Venom Extracts, the largest extraction business in Arizona with facilities in Nevada soon to be operating in California as well. The acquisition provides instantaneous revenue (as of press Venom Extracts did $13MM in 2019) and the ability to be a Multi State Operator (MSO) for all of their brands. Of course, in the height of everything moving quickly, Covid-19 hits and Carl and his wife pivot. They kick into gear to take care of their employees while they create policy and continue to operate safely while also making sure the staff feels appreciated. One of the the things I am the most impressed with is how much Carl and his wife Amasa care for their staff, not always the case in business let alone cannabis. Make sure to visit Hollister Cannabis Co. website follow the company on IG @hollistercannabisco @hashbones and go buy some stock on the CSE HOLL or OTC HSTRF.
Katie Richardson's story is featured. "What if you could be successful in Business AND in Life! This is a dream Katie has been pursuing for 12+years. After selling over $13MM in product to over 1 Million customers, she feels very strongly that you cannot compartmentalize your life. If you’re looking for TRUE fulfillment, it comes with finding success in all 4 areas of life. Family, Fitness, Faith, & Finances.? Learn more: katierichardson.com
https://www.youtube.com/watch?list=UURwqTcUh7jMWqFjSYH3JHow&v=pvza-abZOQ0 #Organ_Life #オルガンライフ ボンゴやコンガに純正で付属するチューニングキー(チューニングレンチ)はサイズが適切で無い場合があります。レンチのカタツキが感じられる場合は、ホームセンターで適切な工具を買うことをお勧めします。私は13mmのサイズで適合しました。(KTC B3L-13 / LP794X / LP Galaxy® Fiberglass Bongos Gold Tone Hardware)レンチの種類はディープソケットとラチェットハンドル式をお勧めします。
Jonathan Burlingham is President of Starfire Direct. His company is the one stop shop for all things fire. Starfire Direct works with some of America’s finest designers, architects, homeowners, and contractors. *** For Show Notes, Key Points, Contact Info, Resources Mentioned, & the Fabulous 4 Questions on this episode with Jonathan Burlingham, visit here. ***
PRACTICE FOR SALE: $13MM AUM | $100,000 GDC in Erie, PA View this Listing: https://successionlink.com/advisors/21938/ Overview: Advisor seeks to transition his business to a new owner. Advisor seeks this merger to occur in the next 1-3 years with the advisor staying on for one year to ensure a smooth transition before advisor completely sells business. The ideal candidate has 5-10 years experience and has a series 7, life, and annuity licenses. A CFP is preferred but not necessary. Candidate should be familiar with variable and equity index annuities and mutual funds. Ideal candidate has an office within a 150 mile radius of Erie, PA
The call, email or tip comes into your office; an employee reports suspicious activity somewhere across the globe. That activity might well turn into a Foreign Corrupt Practices Act (FCPA) issue for your company. As the Chief Compliance Officer (CCO), it will be up to you to begin the process which will determine, in many instances, how the company will respond going forward. This month’s podcast series will provide to you all the steps you will need to consider going forward. This scenario was driven home in a FCPA enforcement action brought by the Securities and Exchange Commission (SEC) in July 2015 involving Mead Johnson Nutrition Company (Mead Johnson). In that case, the company performed two internal investigations into allegations that its Chinese business unit was engaged in conduct which violated the FCPA. Unfortunately the first investigation, performed in 2011 did not turn up any evidence of FCPA violations. It was not until 2013, when the SEC made an inquiry to the company that it performed an adequate internal investigation which uncovered FCPA violations. Similarly, consider Zimmer Biomet, which (when it was only Biomet) resolved an FCPA violation in 2012 for nearly $23MM and entered into a Deferred Prosecution Agreement (DPA). Within the year, Biomet notified its Monitor that it has found evidence of additional FCPA violations, which in turn violated the terms and conditions of the DPA. However these additional violations by the company (now Zimmer Biomet) turned out to have been actions which occurred in 2010, well before the initial DPA but were not uncovered in the company’s worldwide investigation which led to the first settlement. Zimmer Biomet paid an additional $13MM for this oversight and extended out both the DPA and the Monitorship, all because the company had failed to fully investigate itself thoroughly. The 2012 FCPA Guidance states the following on investigations, “Moreover, once an allegation is made, companies should have in place an efficient, reliable, and properly funded process for investigating the allegation and documenting the company’s response, including any disciplinary or remediation measures taken.” That is simply it. This simple introduction was expanded upon in the Justice Department’s Evaluation of Corporate Compliance Programs (Evaluation) released in February. Prong 7 in the makes the following inquiries: Effectiveness of the Reporting Mechanism – How has the company collected, analyzed, and used information from its reporting mechanisms? How has the company assessed the seriousness of the allegations it received? Has the compliance function had full access to reporting and investigative information? Properly Scoped Investigation by Qualified Personnel – How has the company ensured that the investigations have been properly scoped, and were independent, objective, appropriately conducted, and properly documented? Response to Investigations – Has the company’s investigation been used to identify root causes, system vulnerabilities, and accountability lapses, including among supervisory manager and senior executives? What has been the process for responding to investigative findings? How high up in the company do investigative findings go? The Mead Johnson and Zimmer Biomet matters are but two examples which make clear the need to have robust, integrated investigations. Marc Bohn, writing in the FCPA Blog, said about the Mead Johnson matter, “Investigations that lack sufficient depth, resources, or forethought can pose significant risk because they increase the likelihood that something critical will be overlooked, potentially permitting misconduct to continue unabated.” Both Mead Johnson and Zimmer Biomet point to the critical nature of FCPA investigations and why the government takes this requirement so rigorously. But more than protecting a company from liability under the FCPA, in the internationalized world of global compliance investigations are becoming more important. Bio-Rad recently announced that its FCPA settlement was a “risk-factor” which required public disclosure under US securities law. In the domestic arena, internal investigations can go a long way towards helping a company move past a public relations debacle or perhaps abate negative publicity. One need only consider the recently released internal investigation report commissioned by the Wells Fargo Board of Directors around the bank’s fraudulent accounts scandal. The report was merciless in its criticism of certain structural and cultural failures at the bank. It named names of culpable former senior executives at the company. However one thing it did not address were allegations from multiple whistleblowers who claimed to have reported the fraudulent conduct and were ignored or actively retaliated against. If the internal investigation turns out to have white washed these whistleblowers, the financial penalty and negative public reaction could be both swift and severe. Corrupt investigations are never a good thing for a company as they can disrupt business relationships and future opportunities. Yet today they are even more important. In the month of June I will be exploring how you can create, design and implement a robust investigation protocol for an internal investigation and when you should bring in outside counsel for an independent investigation. I will consider the Board of Director’s role in investigations and other corporate functions such as internal audit, IT and legal in any investigation. I will review special issues such as privilege, Upjohn and Miranda warnings and data privacy. As Hallmark Seven of the Ten Elements of an Effective Compliance program states, in part, “An effective compliance program should include a mechanism for an organization’s employees and others to report suspected or actual misconduct or violations of the company’s policies on a confidential basis and without fear of retaliation” and Prong 7 of the Evaluation also deals with reporting; I will consider hotlines. Both their implementation and use in a best practices compliance program. I will feature several compliance practitioners, both lawyers and non-lawyers, who will relate how they developed their investigative strategies and navigated various stakeholders to obtain positive results for their clients. Three Key Takeaways Failure to thoroughly and properly investigations allegations of corruption can be costly. The internationalization of global anti-corruption enforcement makes performing robust investigations even more important. Use the month of June to learn about key aspects of investigations and internal reporting mechanisms. Learn more about your ad choices. Visit megaphone.fm/adchoices
Mark Graham and Danny Rosin are here with a brand new PK Podcast for you! Some of you may be familiar with the popular Kickstarter campaign for a cooler known as the “Coolest.” It became the biggest project in Kickstarter history by raising over $13MM. As coolers are a big item in the promotional products industry, a number of us paid close attention to how this product would roll out after its incredible fundraising success. Sadly, they ran into major production and distribution problems that have dogged them to this day. Danny was a backer and shared the updates from the company founder with me over the past 2 years. These became the inspiration for this episode. The challenges faced by the Coolest highlight the divide between “coming up with a cool idea” and “manufacturing that idea and getting it into customers’ hands.” We wanted to explore this disconnect by speaking with an industry veteran that knows a thing or two about product design, sourcing and manufacturing: Dan Edge at Peerless Umbrella. While this episode is not about the Coolest per se, we wanted to use it as an example to get us started about how to bring products to market in our industry. Some background on Dan … Dan has been working in the promotional products industry since 1997 and has spent all of those 19 years with Peerless. He is their National Sales Manager and is also responsible for product development and marketing for the company. In 2016, Dan was named “Best Boss” by PPB Magazine. He has served on multiple PPAI committees and is active on many social media and industry groups. Dan resides with his wife and 2 kids in New Jersey.
First off thanks for listening. This is our first show and lets just say we were a little nervous. We talked about what makes the Jeep so popular today. And its our first ever trip into the garage with Kevin to talk about the ever important "first mod". So turn up the volume, try to see where the 13MM socket rolled off to and enjoy our first show!!