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We've all heard it before: a steady job equals job security. But what if that belief is more illusion than truth? In this episode, I reflect on a conversation with a college friend who couldn't fathom the uncertainty of entrepreneurship and how my journey taught me that true security doesn't come from a paycheck.For more go to: www.scottmlynch.comThis episode is brought to you by:LumenLevel up your life by joining my Patreon where you'll get exclusive content every week and more badass offerings (rips t-shirt in half, Hulk Hogan style, and runs around the room). And/or…Unlock practical and tactical insights on how to master your mindset and optimize your happiness directly to your inbox.If you're a glutton for punishment and want more swift kicks in the mind follow me on social:InstagramYouTubeLeave a review and tell me how I suck so I can stop doing that or you can also tell me about things you like. I'd be okay with that, too.Produced by ya boi.Past guests on The Motivated Mind include Chris Voss, Captain Sandy, Dr. Chris Palmer, Joey Thurman, Jason Harris, Koshin Paley Ellison, Rudy Mawer, Molly Fletcher, Kristen Butler, Hasard Lee, Natasha Graziano, David Hauser, Cheryl Hunter, Michael Brandt, Heather Moyse, Tim Shriver, and Alan Stein, Jr.
In this episode of the Strategy with Jason Podcast, Jason sits down with Mike Boyd from Repair On Demand to discuss developing your dealerships competitive advantage by nailing down your KPI's, resources and strategies. They tackle the importance of having a defined process, aligning the goal of the dealership, inventory management and more! For more info on Repair On Demand, visit: https://www.repairondemand.com/ Mike Boyd: https://www.linkedin.com/in/mboydrecon/ Digital Dealership Solutions: ddsolutions.ca Strategy With Jason: strategywithjason.com Bell2Bell: bell2bell.ca Listen To The Strategy With Jason Podcast: Apple Podcast: https://apple.co/3IwlT3v Spotify: https://spoti.fi/3fT8V3H Soundcloud: https://bit.ly/347rnDb #automotive #automotiveindustry #automotivesoftware #dealership #dealerships #dealersolutions #bell2bell #strategy️ #data #automotivedata #automotivemarketing #customerexperience #data-driven #process
On this week's Eye on Travel Podcast with Peter Greenberg, long time aviation analyst Mike Boyd - President of Boyd Group International - with an update on the current struggles of Southwest Airlines and how they are being challenged in maintaining the original culture of the airline. Then, Jason Gay - Sports Columnist at The Wall Street Journal - stops by for a discussion how the growth of the "super fan" has impacted travel and what it may mean for you.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
This week's Eye on Travel Podcast with Peter Greenberg - Long time aviation analyst Mike Boyd - President of Boyd Group International - with an update on the current struggles of Southwest Airlines and how they are being challenged in maintaining the original culture of the airline. Then, Jason Gay - Sports Columnist at The Wall Street Journal - stops by for a discussion how the growth of the "super fan" has impacted travel and what it may mean for you.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Mike Boyd from Boyd Aviation and Michael Calhoun discuss why Southwest Airlines is moving away from their long standing "open seating" policy on flights. Plus, could we see more Luftsnsa flights to Germany out of Lambert?
This week's Eye on Travel Podcast with Peter Greenberg - from The Waldorf Astoria in Orlando, Florida. Peter looks at the continuing Boeing crisis with Aviation Expert Mike Boyd. Then, a look at passport renewals and a cautionary tale about using your credit cards with New York Times Columnist Seth Kugel.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
This week's Eye on Travel Podcast with Peter Greenberg - from The Waldorf Astoria in Orlando, Florida. Peter looks at the continuing Boeing crisis with Aviation Expert Mike Boyd. Then, a look at passport renewals and a cautionary tale about using your credit cards with New York Times Columnist Seth Kugel.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Boeing's upper management is being singled out as the main reason for its continued problems. The aerospace manufacturer's CEO is being questioned in the US Senate over safety issues and allegations the company has faced this year. Ex-employees allege the company has been cutting corners, hiding evidence from regulators, and skipping safety inspections. Aviation researcher Boyd Group International President Mike Boyd told Mike Hosking that Boeing has stopped investing in its planes. He says the problem is the upper management is more worried about the stock price than managing the company. LISTEN ABOVE See omnystudio.com/listener for privacy information.
Send Listener Letters & Fan Mail To: Theedisonclubfanmail@gmail.com In this exciting episode, join your hosts Mike Boyd and Austin Butcher as we unpack all the action from YCS Indianapolis 2024! We dive into the highlights of the Ultimate Time Wizard Tournament, dissecting key matches, standout strategies, and unexpected upsets. From the electrifying duels to the innovative decks, we cover everything you need to know about the event. Plus, we share behind-the-scenes stories, player interviews, and our own experiences from the floor. Whether you're a seasoned duelist or a curious newcomer, this episode is packed with insights and entertainment from one of the biggest Yu-Gi-Oh! events of the year. Don't miss it!
This week's Eye on Travel Podcast with Peter Greenberg - from the new Fontainebleau Hotel in Las Vegas, Nevada. Mike Boyd from the Boyd Aviation Group provides insight on how nearly 300 people avoided going through security at airports last year. Then, it is back to Nevada for a deep dive into a very famous hotel name - first in Miami and now in Las Vegas with Maurice Wooden, the President of Fontainebleau Las Vegas. Then, Dr. Dave Schwartz - Professor at UNLV - discusses the history and the resilience that defines Sin City. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
This week's Eye on Travel Podcast with Peter Greenberg - from the new Fontainebleau Hotel in Las Vegas, Nevada. Mike Boyd from the Boyd Aviation Group provides insight on how nearly 300 people avoided going through security at airports last year. Then, it is back to Nevada for a deep dive into a very famous hotel name - first in Miami and now in Las Vegas with Maurice Wooden, the President of Fontainebleau Las Vegas. Then, Dr. Dave Schwartz - Professor at UNLV - discusses the history and the resilience that defines Sin City. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Boeing has big problems. In January, an Alaskan Airlines flight made headlines after a door plug blew off because of faulty plugs during the flight, causing panic and major safety concerns. Following the incident, 33 of the 89 audits conducted by the Federal Aviation Administration failed, propelling Boeing back into the hot seat. A handful of recent in-flight incidents since then have raised general concerns about airline safety and put even more pressure on the world's largest aerospace company and leading manufacturer of commercial jetliners. Aviation expert and President of Boyd Group International, Michael Boyd, joined host Dave Anthony this past week to discuss Boeing's recent issues and whether or not air travel is safe. Boyd explained what factors could be leading to some of the recent mechanical concerns and why he thinks the FAA needs to be doing more to ensure the safety of passengers. We made edits for time and thought you might like to hear more about Boeing's recent issues. On today's FOX News Rundown Extra, you'll hear our entire conversation with aviation expert Mike Boyd. Learn more about your ad choices. Visit megaphone.fm/adchoices
Boeing has big problems. In January, an Alaskan Airlines flight made headlines after a door plug blew off because of faulty plugs during the flight, causing panic and major safety concerns. Following the incident, 33 of the 89 audits conducted by the Federal Aviation Administration failed, propelling Boeing back into the hot seat. A handful of recent in-flight incidents since then have raised general concerns about airline safety and put even more pressure on the world's largest aerospace company and leading manufacturer of commercial jetliners. Aviation expert and President of Boyd Group International, Michael Boyd, joined host Dave Anthony this past week to discuss Boeing's recent issues and whether or not air travel is safe. Boyd explained what factors could be leading to some of the recent mechanical concerns and why he thinks the FAA needs to be doing more to ensure the safety of passengers. We made edits for time and thought you might like to hear more about Boeing's recent issues. On today's FOX News Rundown Extra, you'll hear our entire conversation with aviation expert Mike Boyd. Learn more about your ad choices. Visit megaphone.fm/adchoices
Boeing has big problems. In January, an Alaskan Airlines flight made headlines after a door plug blew off because of faulty plugs during the flight, causing panic and major safety concerns. Following the incident, 33 of the 89 audits conducted by the Federal Aviation Administration failed, propelling Boeing back into the hot seat. A handful of recent in-flight incidents since then have raised general concerns about airline safety and put even more pressure on the world's largest aerospace company and leading manufacturer of commercial jetliners. Aviation expert and President of Boyd Group International, Michael Boyd, joined host Dave Anthony this past week to discuss Boeing's recent issues and whether or not air travel is safe. Boyd explained what factors could be leading to some of the recent mechanical concerns and why he thinks the FAA needs to be doing more to ensure the safety of passengers. We made edits for time and thought you might like to hear more about Boeing's recent issues. On today's FOX News Rundown Extra, you'll hear our entire conversation with aviation expert Mike Boyd. Learn more about your ad choices. Visit megaphone.fm/adchoices
In this insightful episode of Fixed Ops 5, host Corey Smith welcomes Mike Boyd to delve into the evolving world of automotive service. Mike, with his extensive experience in the industry, shares his journey and discusses the significant role of technology in revolutionizing automotive services.**Key Discussion Points:**1. **Repair on Demand:** Exploration of its comprehensive solution for vehicle diagnostics, reconditioning, and repair, emphasizing its impact on the automotive service industry. 2. **Extensive Repair Network:** Discussion on the benefits of having over 16,000 service providers across the U.S., enabling dealerships to efficiently manage resources and capitalize on acquisition opportunities.3. **Technology in Dealerships:** How tools like Blue Driver Max are essential for diagnostics and real-time information, aiding dealerships in effectively acquiring and selling used cars while maximizing profits.4. **Sales and Service Synergy:** The importance of increasing sales through rate to buy more cars and enhancing profitability. Understanding time as a valuable asset in both service and sales departments.5. **Market Evolution:** How the changing market demands dealerships and software providers to innovate in buying, reconditioning, servicing, and selling cars.6. **Accurate Vehicle Appraisals:** The criticality of appraisals in deciding which vehicles to purchase, considering cost and infrastructure capabilities.7. **Enhancing Efficiency:** Utilizing technology for better appraisals and efficient execution of strategies in acquiring and turning used vehicles.8. **Challenges in Fixed Ops Departments:** Balancing the needs of internal and external customers, with a focus on transparency and quick service.9. **Shifting Customer Expectations:** Trends towards touchless interactions, clear communication, and the use of visuals for inspections.10. **Software Solutions:** The role of tools like Blue Driver Max Repair 360 in streamlining fixed ops department processes, saving time, and optimizing resources.11. **Collaboration Across Departments:** Merging variable and fixed ops teams through data analysis and regular reconditioning meetings to improve efficiency.**Episode Conclusion:**The episode concludes with a strong message on the importance of collaboration and communication across different dealership departments. Emphasizing the need for meaningful dialogue between fixed ops, sales, and service teams, the discussion highlighted how unified efforts can address issues, find opportunities, and improve processes such as acquisition strategy, reconditioning, and go-to-market strategies. The goal: increased efficiency, better understanding of expenses, and heightened profitability.**Invitation for Engagement:** Listeners are encouraged to connect through the website or at industry events for further engagement and resources.**Three Key Takeaways:**1. Leverage Real Information/Data2. Invest in the Right Tools (e.g., diagnostic tools)3. Act on Plans and Maintain Accountability**Action Items for Listeners:**1. **Visit Repair on Demand Website:** Gather more information about their services.2. **Contact Mike Boyd:** For further discussion and engagement.3. **Consider Blue Driver Max:** For improved diagnostics and appraisal processes.4. **Explore Repair 360:** As a potential tool for reconditioning management.5. **Schedule Regular Reconditioning Meetings:** To review strategies and expenditures.6. **Action and Accountability:** Implement plans and establish accountability systems.7. **Enhance Customer Experience:** Ensure seamless and transparent interactions.Stay tuned to Fixed Ops 5 for more insights and strategies to drive success in the automotive service industry.
Continuing our series of Auto Remarketing Podcast episodes from NADA Show 2024 in Las Vegas, Automobile Technologies managing director Mike Boyd and Repair OnDemand president Randy Kobat join Cherokee Media Group's Joe Overby from the expo hall floor to talk repair and recon.
In this episode of our series, "Meet the Road Dirt Crew", we chat with our "elder statesman" Mike Boyd. Mike is a decorated Vietnam War combat veteran, Purple Heart and Silver Star recipient, and a life-long motorcycle rider. This is a fascinating conversation with an American icon. For our story on Mike at Road Dirt with photos and footage, click here: Mike Boyd: Unsung Hero Please like, subscribe, leave us a few stars, share us around, and chat with us!
This week's Eye on Travel Podcast with Peter Greenberg – from The Hotel Clio in Denver, Colorado. Jared Polis - Governor of Colorado - stops by with an update on everything from climate change to new and much needed rail service as well as updates on the Denver Airport - now one of the busiest airports in the United States. Then, speaking of airports and air travel, there is a strong case now for re-regulating the airlines. Bill McGee - Senior Fellow for Aviation American Economic Liberties Project - sits down with Peter to discuss his new study and what could and should be done. And then, it is on to the an analysis of the FAA. Mike Boyd - President of Boyd Group International - provides some insight on what is going on at the agency -- from plane safety inspections to air traffic contollers -- amid the ongoing investigation of Boeing and what it means for you.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
This week's Eye on Travel Podcast with Peter Greenberg – from The Hotel Clio in Denver, Colorado. Jared Polis - Governor of Colorado - stops by with an update on everything from climate change to new and much needed rail service as well as updates on the Denver Airport - now one of the busiest airports in the United States. Then, speaking of airports and air travel, there is a strong case now for re-regulating the airlines. Bill McGee - Senior Fellow for Aviation American Economic Liberties Project - sits down with Peter to discuss his new study and what could and should be done. And then, it is on to the an analysis of the FAA. Mike Boyd - President of Boyd Group International - provides some insight on what is going on at the agency -- from plane safety inspections to air traffic contollers -- amid the ongoing investigation of Boeing and what it means for you.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The Federal Aviation Administration Friday ordered the grounding of nearly two hundred of Boeing's 737 MAX planes worldwide after the door plug of an Alaska Airlines plane blew off mid-flight. Alaska and United Airlines both made the decision to ground all of their 737 MAX fleet as they waited instructions on inspections of the planes. There were no fatalities in the Alaska Airlines incident but it is the latest problem with a plane that was grounded worldwide after crashes in Indonesia and Ethiopia that killed nearly three hundred and fifty people. FOX's Eben Brown speaks with Mike Boyd, President of the Boyd Group International, focusing on aviation forecasting and consulting, and pilot, about the Alaska Airlines incident and how this grounding could impact air travel in the immediate future. Click Here To Follow 'The FOX News Rundown: Evening Edition' Learn more about your ad choices. Visit megaphone.fm/adchoices
The Federal Aviation Administration Friday ordered the grounding of nearly two hundred of Boeing's 737 MAX planes worldwide after the door plug of an Alaska Airlines plane blew off mid-flight. Alaska and United Airlines both made the decision to ground all of their 737 MAX fleet as they waited instructions on inspections of the planes. There were no fatalities in the Alaska Airlines incident but it is the latest problem with a plane that was grounded worldwide after crashes in Indonesia and Ethiopia that killed nearly three hundred and fifty people. FOX's Eben Brown speaks with Mike Boyd, President of the Boyd Group International, focusing on aviation forecasting and consulting, and pilot, about the Alaska Airlines incident and how this grounding could impact air travel in the immediate future. Click Here To Follow 'The FOX News Rundown: Evening Edition' Learn more about your ad choices. Visit megaphone.fm/adchoices
The Federal Aviation Administration Friday ordered the grounding of nearly two hundred of Boeing's 737 MAX planes worldwide after the door plug of an Alaska Airlines plane blew off mid-flight. Alaska and United Airlines both made the decision to ground all of their 737 MAX fleet as they waited instructions on inspections of the planes. There were no fatalities in the Alaska Airlines incident but it is the latest problem with a plane that was grounded worldwide after crashes in Indonesia and Ethiopia that killed nearly three hundred and fifty people. FOX's Eben Brown speaks with Mike Boyd, President of the Boyd Group International, focusing on aviation forecasting and consulting, and pilot, about the Alaska Airlines incident and how this grounding could impact air travel in the immediate future. Click Here To Follow 'The FOX News Rundown: Evening Edition' Learn more about your ad choices. Visit megaphone.fm/adchoices
Hannah Witton, Mike Boyd and Geoff Marshall face questions about versatile voting, clever creatures and brick buildings. LATERAL is a comedy panel game podcast about weird questions with wonderful answers, hosted by Tom Scott. For business enquiries, contestant appearances or question submissions, visit https://www.lateralcast.com. HOST: Tom Scott. QUESTION PRODUCER: David Bodycombe. RECORDED AT: The Podcast Studios, Dublin. EDITED BY: Julie Hassett. MUSIC: Karl-Ola Kjellholm ('Private Detective'/'Agrumes', courtesy of epidemicsound.com). ADDITIONAL QUESTIONS: Albert F., Stuart Forbes, Navek, Matt, Kimchi Tea, Xavier. FORMAT: Pad 26 Limited/Labyrinth Games Ltd. EXECUTIVE PRODUCERS: David Bodycombe and Tom Scott. © Pad 26 Limited (https://www.pad26.com) / Labyrinth Games Ltd. 2023. Learn more about your ad choices. Visit megaphone.fm/adchoices
SummaryIn this episode of the Shanny Pants Show, Shanny interviews Mike Boyd, a former cult member, about his experiences and recovery. Mike shares how he joined the cult and the challenges he faced within it, including the amplification of destructive behavior and struggles with love, value, and acceptance. He discusses his journey of anger and healing, including his experience with therapy and the importance of community in the recovery process. Mike also talks about writing a book on cult recovery and offers advice for those still in the cult.TakeawaysJoining a cult can lead to amplified destructive behavior and struggles with love, value, and acceptance.Recovery from cult experiences may require addressing anger and seeking healing through therapy and community support.Writing and sharing personal stories can help others in their own recovery journeys.It is important to find trusted individuals and communities who can provide support and understanding during the recovery process.As many people begin their quest of seeking God, they all too often can overlook the destructive force of a church or religion that may not be readily visible. These destructive forces can sometimes be overshadowed by the things that are positive about their newly found religious journey. These destructive forces can sometimes come in the form of physical abuse but can oftentimes come through emotional abuse. These disturbances can overpower a person's life and they can also feel all alone with their religiously oppressive experience. With the author's own personal experience of being a part of an abusive cult church for 26 years, he offers understanding, hope, healing, and a way through the trauma through a twelve-step process. -CULT CANDYCult Candy-Youtube Links:Introduction https://youtu.be/PIhJcggFqa8?si=BNpj33whC-4M8_CzElitismhttps://youtu.be/12fxb3LCsdo?si=JE2nY1iInimL6lIUIsolationismhttps://youtu.be/sGUq43Ovde0?si=Nl7Z2P2CdEgt-2pjTotalismhttps://youtu.be/Th8WNlsprlw?si=Wvr7yqtafQJneN_ULegalismhttps://youtu.be/EBILT1h7ffc?si=H3dg4dR4M8yuwT3DFace Book Linkhttps://www.facebook.com/cultcandyinfo Contact Mike cult.candi@gmail.com Hosted on Acast. See acast.com/privacy for more information.
This week's Eye on Travel Podcast with Peter Greenberg features a deep dive in and through some critical travel pocketbook issues. Starting with junk fees and other nickel and diming tactics from hotels, Dawn Gilbertson of The Wall Street Journal has the report on what is happening and what you should know. Then, Aviation Consultant Mike Boyd speaks about why so many airlines are ending service to small U.S. cities and what is the real impact for travelers. Some surprises there. And batting clean up: Zach Griff from The Points Guy on how airlines are moving quickly to devalue their frequent flyer programs. Plus - what - if anything - you can do to protect and use your hard earned miles.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
This week's Eye on Travel Podcast with Peter Greenberg features a deep dive in and through some critical travel pocketbook issues. Starting with junk fees and other nickel and diming tactics from hotels, Dawn Gilbertson of The Wall Street Journal has the report on what is happening and what you should know. Then, Aviation Consultant Mike Boyd speaks about why so many airlines are ending service to small U.S. cities and what is the real impact for travelers. Some surprises there. And batting clean up: Zach Griff from The Points Guy on how airlines are moving quickly to devalue their frequent flyer programs. Plus - what - if anything - you can do to protect and use your hard earned miles.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
We often hear stories about entrepreneurs making money, but how do you preserve it or more importantly, ensure your kids don't waste it? As a parent, how do you ensure you don't raise soft, entitled brats? Multi-generational wealth doesn't just happen – and nobody knows more about how to keep your money in the family than today's guest. I'm Jason Andrew, your host, and here, and this is podcast that strips down the numbers of business, investing, and wealth creation to help you become a better entrepreneur and investor, and ultimately build your net worth.Today we're joined by Mike Boyd. He's the co-owner and CEO of the Vroom Group, a giant in the car rental space, and the founder of Prosura, a global insurance intermediary. But he's also the man behind Mudbrick Capital, a family holding company that builds, buys and operates businesses, and the host of a podcast, The Business of Family, that breaks down how successful families hold onto their wealth across generations. In this episode, we discuss holding companies, long-term capital compounding, and strategies to manage intergenerational wealth. These are a few of my favorite things. It's a ripper of a pod.Links:Subscribe to Stark Naked Numbers on Apple Podcasts, Spotify, Stitcher or wherever you get your pods. Follow Mike Boyd on LinkedIn and at https://mikeboyd.com.au/.Want the secrets the other accountants won't give you? Follow Jason Andrew on LinkedIn.To learn more about uncovering your financials, unlocking your cash and unleashing your cash, visit starknakednumbers.com.Show Notes:(06:28) - Finding your business niche.(09:03) - The business of spin-off businesses. (16:46) - Mike's next disruptor.(21:07) - The importance of defensible, logical niches. (24:33) - Humble beginnings in business: Keg Hire Brisbane(30:18) - The story behind Mike's Vroom, Vroom, Vroom ownership.(45:10) - Crafting a solid asset allocation strategy.(49:35) - Mike's journey into generational wealth education.(01:00:00) - Mike's take on family governance structures.(01:02:05) - The family business: Perspectives from different cultures.(01:07:19) - Navigating the silver spoon effect.(01:09:47) - The art of generational storytelling and raising well-rounded children.(01:13:12) - Mike's take on giving kids pocket money. (01:15:39) - '18 summers': An appreciation for the finite time spent with your children.
This week's Eye on Travel Podcast with Peter Greenberg. A deep dive into airline frequent flyer programs and a discussion with aviation business expert Mike Boyd, on our obsession with mileage programs and whether or not they have reached a legal definition of fraud. Then, the power and impact of State Department travel advisories? Most recently the U.S. has issued an advisory for Americans to "reconsider travel" to Jamaica. We'll speak with Jamaica's Tourism Minister Edmund Bartlett on the immediate and long term effects of these advisories. Are they being painted with too broad a brush? What travelers need to know. Finally, Andrew McCarthy - Actor, Producer, Director and Author of Walking with Sam - shares his experience walking the Camino de Santiago in Spain, and how that journey changed the dynamic, not to mention the strength of his relationship with his son.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
This week's Eye on Travel Podcast with Peter Greenberg. A deep dive into airline frequent flyer programs and a discussion with aviation business expert Mike Boyd, on our obsession with mileage programs and whether or not they have reached a legal definition of fraud. Then, the power and impact of State Department travel advisories? Most recently the U.S. has issued an advisory for Americans to "reconsider travel" to Jamaica. We'll speak with Jamaica's Tourism Minister Edmund Bartlett on the immediate and long term effects of these advisories. Are they being painted with too broad a brush? What travelers need to know. Finally, Andrew McCarthy - Actor, Producer, Director and Author of Walking with Sam - shares his experience walking the Camino de Santiago in Spain, and how that journey changed the dynamic, not to mention the strength of his relationship with his son.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
This week's Eye on Travel Podcast with Peter Greenberg from The 2023 Virtuoso Symposium in Montreal, Quebec. Planes are full and airfares are skyhigh, and at the same time, many airlines are cutting back on routes. Mike Boyd - Aviation Consultant & President of Boyd Group International - stops by with his take on another cutback – customer service. Then, we catch up with Matthew Upchurch - The CEO of Virtuoso - on the explosion of luxury travel and what it means for you, pricing and your choices. Finally, we address the issue of travel insurance -- often confusing, often misleading, but in many cases essential, with Richard Aquino from Allianz, the largest travel insurance company in the world - on what you need to know -- and deciphering policy language before you ever commit to buying the insurance. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
This week's Eye on Travel Podcast with Peter Greenberg from The 2023 Virtuoso Symposium in Montreal, Quebec. Planes are full and airfares are skyhigh, and at the same time, many airlines are cutting back on routes. Mike Boyd - Aviation Consultant & President of Boyd Group International - stops by with his take on another cutback – customer service. Then, we catch up with Matthew Upchurch - The CEO of Virtuoso - on the explosion of luxury travel and what it means for you, pricing and your choices. Finally, we address the issue of travel insurance -- often confusing, often misleading, but in many cases essential, with Richard Aquino from Allianz, the largest travel insurance company in the world - on what you need to know -- and deciphering policy language before you ever commit to buying the insurance. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
In this episode of the vAuto podcast Mark Thompson, Used Car Operations Director at Bergey Automotive, joins Mike Boyd, Senior Director of Business Development and Founder of vAuto's iRecon, to discuss how Bergey's has reinvented itself in an unpredictable market. They'll discuss how Bergey's changed their merchandising approach, tightened up reconditioning and got creative with acquiring inventory – all while keeping the customer experience at the forefront.
In this episode of "Chats and Tatts," host Aaron Della Vedova interviews tattoo artist Mike Boyd. The episode begins with a discussion of Franz Marc's artwork, "The Tower of Blue Horses," which inspired Boyd. They continue with a discussion of Boyd's art style and his decision to pursue his unique Picasso style of tattooing. Despite potential criticism, the Cubism artistic movement that inspires his designs has proven to be desired by many around the world. The conversation also touches on social media, modern health, and cultural opinions. Check out Boyd's killer mushroom tattoo he rips on Aaron Della Vedova during the show. [00:00:00] Avant-garde tattoo art. [00:03:29] Learning tattoo techniques. [00:07:56] Tattoo apprenticeship experience. [00:10:14] Tattooing and art style evolution. [00:13:41] Watercolor effect and psychedelics. [00:17:53] Artists breaking through the universal firewall. [00:22:40] Brexit and UK politics. [00:24:10] Supply Chain Issues. [00:28:14] Homelessness in left-leaning cities. [00:31:15] Mental health crisis among homeless. [00:34:26] Microdosing with mushrooms. [00:40:32] Psychedelics experiences. [00:42:23] DMT and marijuana sandwich. [00:45:21] Psychedelics and self-improvement. [00:50:31] Gratitude for being alive. [00:52:16] The power of hallucinogenics. [00:56:07] The genesis of the internet. [01:00:08] Social media addiction. [01:02:56] Authenticity on social media. [01:05:40] AI and creativity. [01:09:25] AI-generated movies and art. [01:13:09] Becoming cyborgs in art. [01:20:05] Color theory book for tattooers. [01:21:56] Large-scale body work. [01:25:51] Following your heart in tattooing. Connect with Mike: Youtube: https://www.youtube.com/@mikeboyd5654 IG: https://www.instagram.com/mikeboydtattoos/ Tik Tok: https://www.tiktok.com/@mikeboydtattoos Connect with Aaron: Website: http://www.chatsandtatts.com Tik Tok: https://www.tiktok.com/@chatsandtatts IG: http://www.instagram.com/chatsandtatts Chats & Tatts YouTube: https://www.youtube.com/c/chatsandtatts Aaron IG: http://www.instagram.com/aarondellavedova Guru Tattoo: http://www.Gurutattoo.com
In this episode of the vAuto podcast, Brian Langley, director of service operations for the Sam Leman Automotive Group in Central Illinois, and Mike Boyd, founder of vAuto iRecon, discuss how Langley has brought more accountability and efficiency to the group's used vehicle reconditioning. Langley outlines two metrics he tracks daily to avoid a backlog of vehicles waiting for reconditioning and reduce approval times on ROs from hours to minutes. Hear Langley's tips other dealers can use to achieve team buy-in and diligently use technology-driven solutions to get used vehicles through service, detailing and online faster with more sales-to-service collaboration and far less friction.
Michael Calhoun hosts Total Information PM and brings you today's top local and national news alongside long form interviews with notable people making headlines in the community. In today's feature story, hear from Mike Boyd of Boyd Group International to discuss the holiday catastrophe customers of Southwest Airlines are experiencing.
Today I spoke to my brothers William and James all about Australian Christmas! Make sure to subscribe so you know when our next episode drops and rate and review if you like what we are doing. Socials Find William on Twitter (@hellfire_chief). Contact James through our email: contentandcapapblepod@gmail.com Find Sam's Socials on this link: https://linktr.ee/samuelobrien Find the Podcast's Socials on this link: http://linktr.ee/contentncapable Plugs and Mentions Plug: Sam plugged Avatar the Last Airbender. James plugged Mike Boyd on YouTube. William plugged Daryl Talks Games on YouTube, Mob Psycho 100. Check out the other shows on the Deus Ex Media Network!
Paul Weingarth is the CEO and founder of Slyp - a fintech startup and platform sitting between retail/merchant services and banking. The vision of Slyp is to completely reimagine what a receipt could be used for. Rather than a receipt being the end of a transaction, Slyp are developing a network allowing a relationship between the merchant, bank and customer to begin at the end of the transaction. We hear about Paul's study of agri economics at uni (where his nickname was Urban Cowboy), his first full time role at Equigroup, how he helped to set up the team at Microsoft Financing in Australia before moving over to PayPal in 2010. Deeply passionate about the customer experience, and now with an enviable resume of experience, Paul co-founded Slyp in 2016 alongside Spiro Rokos and Mike Boyd. With just a prototype, Paul and Slyp were able to engage all four major Australian banks as both investors and current and future customers - the only Australian fintech to have done so. Slyp's merchant list extends across almost all verticals with the likes of Chemist Warehouse, General Pants, JD Sports, Harris Farm and the Rockpool Group all on board. Having raised $40mil, Slyp currently employs 50 staff with ambitions to have Slyp in the hands of 1 in 2 Australians by the middle of next year. The purpose-led company are also working on amplifying their sustainability by offering a recommerce space (reselling preloved items). Paul's goal is to see Slyp as an Australian made global proposition, hoping to get offshore into the US, UK and European markets. Quickfire Round: Book: Good To Great by Jim Collins Podcast: The Howie Games (Mark Howard) News Source: LinkedIn, AFR App: Milkrun Tech CEO: Jeff Bezos Productivity Tool: Outlook Mail app TV Show: Billions, Super Pumped, WeCrashed Ted Talk Topic: The ability to leverage game theory to drive network effects and innovation Learn more about Slyp here & connect with Paul Weingarth via LinkedInSee omnystudio.com/listener for privacy information.
This week's Eye on Travel Podcast with Peter Greenberg covers an update on the impact of Hurricane Ian on Florida travel, a look behind the scenes of beach resorts, and the efforts some cruise lines are making to become more environmentally friendly with Aviation Consultant & President of Boyd Group International Mike Boyd, Founder of Elliott Confidential Christopher Elliott, and Author of “The Last Resort: A Chronicle of Paradise, Profit, and Peril at the Beach" Sarah Stodola.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
In this vAuto podcast episode, Mike Boyd, founder of vAuto's iRecon, and Jade Terreberry, Senior Director, Strategic Planning & Business Development (Autotrader, KBB, & Dealer.com) discuss the ever-growing importance of fixed ops in increasing customer lifetime value (CLV)—and how a consumer-focused, digitally driven strategy in service helps them achieve the goal. Hear how consumer expectations have shifted during the pandemic and how dealers must proactively engage their customers throughout their ownership experiences, providing greater convenience, relevance and transparency to capture their vehicle service business.
Join me as I sit down with Jade Terreberry and Mike Boyd from Cox Automotive to discuss how Cox is helping dealers maximize the Lifetime Value (LTV) of their customer portfolio. Don't miss the critical discussion on rethinking sales processes as we move closer to the Modern Retailing Conference (MRC), Nov 13-15th.
"We had this code - and if he would get out of line I would say, I need you buy you some tacos, and that code for we need to go to lunch, and I am going to give you a hard truth."Dr. Michael Boyd was named KCC's seventh president in 2019. Firmly committed to community service, Boyd is engaged with numerous efforts including the United Way, the Kankakee Area Regional Vocational Education System and the Kankakee Grundy Livingston Workforce Board. Boyd has served as a peer reviewer for the Higher Learning Commission, chairperson of the Manteno Chamber of Commerce, president of the Illinois Council of Chief Academic Officers, and president of the Illinois Council of Community College Administrators. Dr. Boyd joined KCC's staff in 2014 as vice president for instructional and student success, the college's chief academic officer. Before KCC, he worked at Illinois Central College, most recently as associate dean of English, humanities, and language studies. He has three degrees from Illinois State University: a bachelor's degree in English education, a master's degree in English studies and a doctorate in English studies.Sponsor:Pathfinder: A full-service creative & marketing agency with a mission to provide strategic storytelling to our clients. There is no greater impact in this world than a story. Storytelling is how we learn, remember, and feel. The world has used storytelling since the beginning of time to entertain, teach, inspire, and innovate.Pathfinder's mission is to provide strategic storytelling for our clients. How? Through inventive business services and pioneering campaigns that help organizations find their own path and carry out their vision.-----------------------------Check out what Jeff can do for you at Converge! Converge provides professional & leadership development, executive coaching, and consulting services. Service offerings include individual executive coaching, team and small group coaching, creation and delivery of professional development programs and curriculum for managers and front-line staff.
Immortalized in Nash Buckingham's De' Shootinest Gent'man and Other Stories, Mike and Lamar Boyd have lived and hunted Beaverdam Lake (what Nash referred to as the South Trails area) their entire lives. "When I was younger, I thought everyone had a Beaverdam," says Lamar. Mike Boyd was mentored into duck hunting by a farmhand named "Coon," describing what it was like back then. He then describes founding Beaver Dam Hunting Services, learning about the lake's storied history and eventually evolving into a custodian of its duck hunting culture in delivering duck hunting experiences to clients from throughout the United States and beyond. Related Links: Beaver Dam Hunting Services https://www.beaverdamducks.com Podcast Sponsors: BOSS Shotshells https://bossshotshells.com/ Benelli Shotguns https://www.benelliusa.com/shotguns/waterfowl-shotguns Tetra Hearing https://tetrahearing.com/ Kanati Waterfowl Taxidermy https://https://kanati.com/ Mojo Outdoors https://www.mojooutdoors.com/p Tom Beckbe https://tombeckbe.com/ Flash Back Decoys https://www.duckcreekdecoys.com/ Voormi https://voormi.com/ GetDucks.com USHuntList.com It really is duck season somewhere for 365 days per year. Follow Ramsey Russell's worldwide duck hunting adventures as he chases real duck hunting experiences year-round: Instagram @ramseyrussellgetducks YouTube @GetDucks Facebook @GetDucks.com Please subscribe, rate and review Duck Season Somewhere podcast. Share your favorite episodes with friends! Business inquiries and comments contact Ramsey Russell ramsey@getducks.com
Mike Boyd is an Australian Entrepreneur, CEO & Investor. Mike started his entrepreneurial career at age 11 selling lost golf balls and didn't look back, going on to cofound no less than 7 businesses before the age of 25. Mike is a relentless innovator and is always trying to find new ways to innovate and solve problems using technology. Mike now dedicates a portion of his time to managing investments in alternative assets via the family's investment vehicle, Mudbrick Capital, and running The Business of Family Podcast. On this episode, Chris and Mike uncover best practices for building a successful multi-generational family and discuss the work that goes into planning for a successful family – it takes work! They also chat about how wealth is transferred from generation to generation without creating entitlement and deep dive into how the Founding Generation interacts with Generation 2. Enjoy! Learn more about Chris Powers and Fort Capital: www.FortCapitalLP.com Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/ Follow Chris on Twitter: www.Twitter.com/FortWorthChris Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/ Subscribe to The Fort on YouTube: https://www.youtube.com/channel/UCuJ32shRt8Od3MxMY-keTSQ Follow The Fort on Instagram: www.Instagram.com/TheFortPodcast (02:41) - Mike's Background and Career (06:15) - Living and Working Abroad VroomVroomVroom (07:59) - How did you get into the digital side of entrepreneurship? Yellow sunglasses party guy (12:22) - What are trends are you seeing in travel right now? (15:25) - Did Australia provide some kind of governmental assistance during the pandemic? (16:59) - Mike's ‘The Business of Family' Podcast (21:21) - Why is this something your are passionate about? (5:17) - Does 3rd generational wealth ever happen by accident? (29:23) - If wealth usually dies in the 3rd generation of a family, how long does it typically take for the next founder generation to come along? (30:41) - Is the loss of generational wealth solely based on an increased number of members in a family? (34:38) - When a family gets to a size of a public company, do decisions still get made within the family, or are there outside decision-makers at play? (36:57) - What are the mechanisms you've seen work or not work when a clash within the family happens? (40:41) - Does the legacy operating business normally come from the founder wanting to pass the business down or from the 2nd generation wanting to take over? (43:04) - What are best practices for first-generation families to do if their hope and desire are for the kids to take over the business? Family Wealth by Jay Hughes Jr. (51:03) - When's the best time to start telling your children that you're wealthy? The Family Board Meeting by Jim Sheils (58:16) - Do you include your parents in the family enterprise or are you resetting the culture? (1:02:59) - How do you guarantee that the second generation will fail? (1:06:00) - How have you seen families handle an outlier child that is suffering due to drugs or other problems? (1:10:02) - Generational resiliency through divorce (1:12:25) - What's the best way to set guidelines for the next generation's behavior that is tied to an inheritance? (1:12:25) - How important is it that the founding patriarch and matriarch are aligned? (1:14:11) - What are the best practices for introducing your children into your business? (1:17:32) - In a situation with multiple kids who are qualified to be the leader of the enterprise, what do you do? (1:20:07) - What would you recommend for people who want to do this for their own families? (1:22:47) - How can people get in touch with you? The Business of Family podcast thebusinessoffamily.net Mike on Twitter The Fort is produced by Johnny Podcasts
Scott Peppet serves as the President of Chai Trust Company LLC, the private trust company that serves as the family office for Sam Zell (https://www.egizell.com/people/sam-zell/) and his family. Equity Group Investments (https://www.egizell.com/), a division of Chai trust, provides investment management services on its behalf. From 2000 to 2018, Scott was a professor of Law at the University of Chicago where he focused on Bargaining, Dispute Resolution, Translational Law, and the complexities of multigenerational family enterprises. Scott speaks regularly on Family Offices, Private Trust companies as well as Intergenerational Leadership while also maintaining an active website (https://scottpeppet.com/). Scott is a G2 family member. He is Sam Zell's son-in-law, having married Sam's eldest daughter. Standout Quotes: * "Business works on short wavelengths and family works on very long wavelengths" - [Peter Evans, Scott] * "What does it mean to try and help family members really develop and really take ownership, so they can figure out how to deploy what they have?" - [Scott] * "There are many different kinds of wealth… you probably aren't put on the earth to grow the financial capital, there's lots of professionals who can help you do that" - [Scott] * "Too often, the implicit message sent to family members is 'this system is really here to steward the money" - [Scott] * “Families rarely fail for taking too much risk, they fail for taking too little risk” - [Scott] * "My goal is to create a family-focused office, not a family office, and a trusted company, not a Trust company" - [Scott] * "If you want to succeed you have to have a family that understands what you're doing" - [Scott] Key Takeaways: * Scott is the President of Chai Trust Company, LLC, the private trust company that serves as the family office for Sam Zell and his family. Equity Group Investments, a division of Chai trust, provides investment management services on its behalf. From 2000 to 2018, Scott was a professor of Law at the University of Chicago where he focused on Bargaining, Dispute Resolution, Translational Law, and the complexities of multigenerational family enterprises. He speaks on Family Offices, Private Trust companies as well as Intergenerational Leadership while also maintaining his active website. Scott is a G2 family member, as he is Sam Zell's son-in-law. * Scott got married to Sam's older daughter 20 years ago while he was already teaching as a Law professor. Since then he got increasingly curious about family enterprises till he fully transitioned into working in the family enterprise. After a few months of knowing each other, they started dating but Scott had no idea about her family wealth till she opened up about it. * About Sam Zell: Sam is a serial entrepreneur, who first built a business in Real Estate, following which he turned to distressed Corporate Investing in the 80s, and then in the 90s, he created some of the largest REITs in the US today. He has continued to work on REITs and corporate investing since then. He has done several businesses over the years. Sam is also known for his straight talk, always making his stand clear in any discussion. He is also very astute and broad in his thinking. * As a Law professor, Scott worked on conflict intervention with corporations all over the world. When he started having kids, he got curious about how the family wealth could be managed productively for the family, especially for the kids. Sam encouraged him to work on it. Some authors that stood out in Scott's study were Jay Hughes and John Davis. * Scott describes the family structure; at the time Scott joined the family, Sam was 59 years, his 3 children were in their 30s, and as of now, there are 9 grandchildren. There was a form of governance structure, a board with his 3 children which wasn't functional as Sam made most decisions. However, now there has been a need to rebuild the structure as the company has evolved and this has been a huge part of Scott's focus since he moved full-time into the family enterprise. He has had to put in a lot of work to fully understand how the family enterprise functions; to make things change in a family system that often moves very slowly, you have to know where you're going. It involves a combination of urgency and patience, while thinking long-term, steps need to be taken early and consistently. Most of the family members are not employees, some of them are on the board. There is one board with both independent and family directors. * The business continues to be eclectic, investing across all kinds of sectors, especially with the benefit of permanent long-term capital. At the same time, complex actions and decisions can be taken quickly. Also, family learning and development are being built as the kids grow to become adults. * In the inflationary period currently, the business finds smaller companies that need capital and expertise to grow to the next level; companies that would rather grow their equity than sell to a PE company. These companies are great partners for the business since their interests are already aligned to grow the equity. * While most families would rather have more joy over more money, the reality is that many family members Scott has met around the world don't have that much joy or self-possessed ability to do things in the world. They often feel enmeshed in a family structure they have little control over. This is not good for the family or the external world that could be benefitting from the good such families could accomplish. * Laying the foundation for the next generation practically, Scott uses some rules. The first is based on the 5 Capitals; Not everyone is supposed to grow financial capital but they can add to the overall well-being of the family by building on the other forms of capital. Unfortunately, the experience in most families is that stewarding the money is the main goal, which is an implicit frame that must be dissolved. The second one is that each family member should participate meaningfully in every learning experience. Doing this means creating activities or agendas that are not solely about financial capital or the enterprise, although as the kids get older they get interested in the business itself. * To assess how well you're building human capital, score how often you were talking about money over the last few years in your family meeting. Most times it forms a huge percentage of those meetings, but in a setting where money isn't the focus, there is a push to find other topics that can help people open up. Scott's family has started experimenting with these kinds of meetings interspersed with other activities. * These kinds of meetings expose several overlapping purposes, help family members connect, offer a chance for content transfer, and contribute to self-development and self-growth. Different topics are often discussed and it becomes obvious how they are related. Listeners are encouraged to check Scott's curriculum diagram on his website. * There is often a dichotomy between responsible stewards and lazy inheritors, however, managing inherited wealth can be complicated. The general goal is to cultivate engaged owners and integrate financial capital into their lives productively, but there is no concrete formula on how to do it. * Most family offices should just be Money offices because all their time is focused on financial capital and legal risk such that the family itself is secondary. On the other hand, a family-focused office is there to grow the family's human capital as much as the financial capital. * Trust companies around the world have become ubiquitous in wealthy families although they often don't have much life in them. However, a trusted company is a part of the family ecosystem which goes beyond managing money to a level of trust-building with the family. That forms the basis of how Scott decides on whether or not progress is being made; 'what is the level of trust in the system?'. Not to downplay the role of financial investment, but there has to be synergy within the system. * Over the long term, families rarely fail for taking too much risk, they fail for taking too little risk. They focus so much on preservation because they are afraid of taking risks, and they wither in the end. Sam Zell still takes as much risk as he used to, not as a gamble but with a critical assessment of each situation. It is important to preserve the investment company with its risk-taking culture, and at the same time grow a family that can continue such activity over time. * The family enterprise avoids governing by committee, especially on the investment side, so as to move quickly. Having family members behind an entity is not a bad idea but there's no point in having many family members making every investment decision. In Scott's family enterprise, this bureaucracy is avoided by ensuring decisions are narrowed down to the exact professionals. Other bigger family questions can be discussed by the family as a whole. Mike's family employs Adhocracy which encourages a culture to challenge the slow slide into bureaucracy. * The team behind the family enterprises consists of about 85 people and functions as one entity that is the trust company, the family office, and the investment management company. There are investment professionals, lawyers, a family office and operations group, and accountants. All of these are interdependent. The company is mostly focused in the US but there are also real estate investments in other countries. * As an outsider joining the family, it is easy to simply be a critic which will result in pushback from the family. From the onset, Scott acted from a place of love for the family and was concerned with how to continue to build productivity within the family. He intentionally took time to study the family business all the while continuing his profession as a Law professor. He advises inlaws to keep their jobs for as long as possible till they are sure they can add value to the family enterprise. He also understands that being an inlaw comes with restrictions from certain roles, but rather than get overly perturbed about it, he focuses on the ways to be helpful in the family. * Scott has a background in communication, mediation, and negotiation which has been pivotal in building consensus in the family business. Ultimately, there is no playbook to navigate the complexities in a family enterprise. * A typical day in Scott's life involves some time spent on investments, working with boards or committees, family learning and development, as well as time spent on management. He has come to understand that his job is to get a grasp of the system as a whole; Sam explained to him that it will change from obligation to opportunity. * There are a few family heirlooms and the family has also documented some of its history like the story of Sam's family leaving Poland for the US. They do this mostly by putting together short films. It also serves as a way to communicate family values; Sam has always used art to communicate. * Scott's letter to his kids: We have the capacity as humans to grow into something greater, more awake, and more alive than we are now, into a different kind of existence. This is the uniqueness of being human; the constant evolution makes life wonderful. Episode Timeline: [00:50] Meet today's guest, Scott Peppet. [02:00] Scott's relationship with Sam Zell. [04:54] How would you describe Sam Zell? [09:18] Did you develop an interest in how family enterprises function before or after meeting the Zell family? [12:35] How complex was the family when you joined? [16:44] Did you have to contend with people with multiple hats in the family business? [19:04] What does the office look like today? [21:40] Is there any particular industry that has growing potential now as regards investment? [24:40] How do you plan to raise the next generation in the family enterprise? [35:17] Going beyond stewards' first inheritors. [37:35] Creating a family-focused office and a trusted Company. [42:10] How do you manage risk in the family ecosystem? [44:37] How do you fight bureaucracy as the office gets bigger? [49:05] How big is the family enterprise team? [51:50] What was it like joining the family and navigating the complexities of a family enterprise? [55:20] How helpful was your career in Law and conflict resolution in the family business? [56:55] A day in the life of the President of Chai Trust. [01:00:50] Is the family intentional about keeping things for historical sake? [01:05:02] Scott's letter to his kids For more episodes go to BusinessOfFamily.net (https://www.businessoffamily.net/) Sign up for The Business of Family Newsletter (https://www.businessoffamily.net/newsletter) Follow Mike on Twitter @MikeBoyd (https://twitter.com/MikeBoyd) If you feel it's appropriate, I'd so appreciate you taking 30 seconds to Leave a Review on iTunes (http://getpodcast.reviews/id/1525326745), I receive a notification of each review. Thank you! Special Guest: Scott Peppet.
Anyone interested in how music and NFTs could combine, listen to this one!! Mike Boyd and I sat down in LA during Super Bowl weekend to chat with Larrance Dopson and 1500 or Nothin', an ensemble of Grammy Award Winning Producers/Songwriters based out of Inglewood, CA - we discuss the current state of the music industry, its future, and the disruption and opportunities it will see from NFTs. Later, I take questions from the crowd pertaining to all things NFTs. Enjoy! Let me know what you thought Check out my new NFT project: veefriends.com Join the VeeFriends Discord: https://discord.gg/veefriends Tweet Me! @garyvee Text Me! 212-931-5731 My Newsletter: garyvee.com/newsletter
Peter Evans is an advisor, consultant, and speaker to legacy families, family offices, and multigenerational enterprises all around the world. Peter creates the opportunities where affluent families have the greatest chance of flourishing. Peter is also part of a legacy family himself; he is a 5th generation member of a 7th generation American enterprise established in 1885. Peter married into this family and was astounded by the welcoming and inclusive nature of his wife's large family. The family enterprise is now a holding company with over 500 shareholders, all of whom are family members. Of particular interest are the Family Summits held annually, which are designed to re-engage family members, partake in family traditions and rituals, discuss philanthropy and reset for the year ahead. Peter shares his experience of what it was like to join a well-established legacy family and how he has used this unique experience to pivot his career and help other legacy families flourish. Standout Quotes: * "We can't really plan significantly for longer than 5-10 years, you just learn that along the way, things change; the world changes" - [Peter] * "I'm really interested in making sure that the family's values are aligned with their actions" - [Peter] * "To have some sort of formal way of telling stories, I think, is critical" - [Peter] * "The most important thing you'll do are these rituals" - [Peter] * "If we have the privilege of having wealth and means, we have an obligation to give back" - [Peter] Key Takeaways: * Peter is the 5th generation member of a 7th generation American enterprise established in 1885. He is an adviser, consultant, and speaker to legacy families, family offices, and multigenerational enterprises globally. He became a part of the family when he married his wife and was included. * The company began as a group of lumber companies started by two brothers who liquidated everything after 45 years to invest with their partner, Friedrich Weyerhäuser in 1901. Peter's family had continued to be involved with the business as it expanded, although there were no male heirs in the second generation, till the 3rd generation. The family later started a private trust company in 1964, at which point they became the 3rd largest retailer of building materials in the US. * Today with diversification, they are now a holding company with over 500 shareholders, all of whom are family members. Peter's children are already involved with the family business actively and eagerly look forward to partaking in the annual family meetings. * The Family Summit: This annual family meeting usually runs over 3-5 days, on the same weekend every year, with activities like the coming-of-age ritual and elders' ritual, Olympic games, business meetings, philanthropy group meetings, and talks by guest speakers. The goal is to make it so interesting that people want to come back. * Planning Never Stops; the family forms a long-range planning committee every 5 years to have a clean slate to think through everything. A pattern of liquidating a significant resource once every 20 years was also observed; this 'Generational Harvest' would provide liquidity to each shareholder, giving them the freedom to make their own investments. * The family investments today are largely in Real Estate, like residence halls or low-income housing units, all intentionally inclined towards 'doing well by doing good' which is a value the family holds. * Peter left his role as president of the family enterprise in 2003 and has since then helped other family enterprises manage their multigenerational interests. He believes families with vast amounts of capital can make decisions that affect millions of lives and works to ensure that these families act in accordance with their values. "I can hold a mirror up to you so that you can begin to see yourself, your family system, and your footprint in the world; the other thing I can do is open the window so that you can look out into the world and see how other families made choices during different transitions" * Peter's most satisfying work is sitting with family members and watching the interactions; his work is focused on helping build bridges in communication and relationships. His role is a position between being a business consultant, priest, and therapist all of which require a deep level of trust and respect. At its core, his work is about relationships. * Peter's role as a 'Personne de confiance': This is a confidential advisor based on their trust, respect, and honesty. The way to get into that role is to come into the family that needs help, taking time to build trust and confidence. Very often Peter has to model a way of doing things like chairing a meeting, inclusion, and effective decision-making while keeping in mind that the goal is to pass on the mantle of leadership. Most of the time, the G2 generation is the one that reaches out to him, however, in some cases when the patriarchs are comfortable giving up authority, this spurs the G2 to take up the mantle and learn how to hand over to G3. Sometimes, the G2 has even already made the transition in their lifetime, adapting to the values and culture while the G3 grows up having a completely different experience. * Storytelling is critical in documenting family history. Peter uses this both in his family enterprise and while working with others. His family works with a full-time archivist who helps research the lives of people such that detailed questions can be asked and stories can be told more deeply. It also offers an opportunity to share lessons from the failures, trials, and tribulations of family members. * While still active in his family he was always open to learning from other families and when he left his role, he wanted to be involved in creating the consciousness in families that they can impact the world. Based on Peter's background, he has the experience which gets him into those family spaces after which he starts work. * From Peter's experience, when it comes to cultural mindsets like having female leaders, and diversity, there is a lot more openness in the US than in most other places. Although he tries to encourage such views, some cultures are just not ready for it. However, families of significant or multigenerational wealth are naturally global these days, hence it is becoming increasingly difficult to avoid influence from other cultures. * Family Rituals are the most important way to bring the family together continuously over the years because they help young people feel acknowledged. Peter's family has a children's program packed with several activities that keep them eager to return. After the age of 14, they can start going to business meetings. These activities help the family familiarize themselves with teenagers and create a more welcoming environment in the business meetings. * It is necessary to identify who is family and the kinds of roles available to different members. Each family does this differently, but Peter's family has selected the option of Inclusion. * Building Family Governance starts with having a reliable cadence of meetings quarterly, as well as major annual gatherings; this goes hand and hand with excellent communication. The next step would be to memorialize family values and have a direction and then this can be the foundation of a constitution. The constitution is a living document and should be examined and changed as required. * Peter also uses the concept of the "5 Capitals" within his family and the families he works with. * Philanthropy is another tool Peter has been familiar with. It is fun to watch families come together to figure out ways to give back based on their different interests and drives. * Very often, families look at their business as heirlooms which begs the question "Is the business an heirloom or an investment?" Sometimes it is hard to sell a business because it's been our identity for years; thus, selling is easy if the business is only an investment but if it functions as an heirloom then it may not be advisable. In some situations, the business is on the spectrum in-between, which means only certain objects or aspects may be more valued as an heirloom. Mike's family takes pictures yearly on the same spot on a piece of land which over time has taken up the role of an heirloom too. * From Peter to his children: "This is your life, do what you love and do it often. If you don't like something, change it; if you don't like your job, move on. If you don't have enough time, stop watching TV. If you're looking for the love of your life, stop, they'll be waiting for you when you start doing the things you love. Stop overanalyzing; life is simple. All emotions are beautiful, when you eat, appreciate every last bite. Open your mind, arms, and heart to new things and people; we are united in our differences. Ask the next person you see what their passion is, and share your inspiring dream with them. Travel often; getting lost will help you find yourself. Some opportunities only come once so seize them. Life is about the people you meet and the things you create with them, so go out and start creating. Life is short, live your dream and share your passion." Episode Timeline: * [00:52] About today's guest, Peter Evans. * [02:44] Peter shares his family history. * [07:10] What makes your annual family meetings appealing to the younger generation? * [12:28] Does a value system guide the investment making decisions? * [14:00] Peter's work helping other family enterprises. * [18:40] Peters role as a 'Personne de confiance'. * [24:22] Family Storytelling as a tool in Peter's work with family enterprises. * [29:08] Was it your experience with your own family that led you to work with other families? * [31:39] What are some of the differences in culture that showed up during your work with different families across the world? * [34:50] How important is it to have traditions that bring the family together? * [38:41] Who is a Family member? * [39:17] Building blocks of Family Governance. * [44:10] Philanthropy in the family enterprise. * [46:16] How shared experiences come into family meetings. * [48:14] What is the role of Heirlooms in the family enterprise? * [50:47] Peter's letter to his kids. For more episodes go to BusinessOfFamily.net (https://www.businessoffamily.net/) Sign up for The Business of Family Newsletter (https://www.businessoffamily.net/newsletter) Follow Mike on Twitter @MikeBoyd (https://twitter.com/MikeBoyd) If you feel it's appropriate, I'd so appreciate you taking 30 seconds to Leave a Review on iTunes (http://getpodcast.reviews/id/1525326745), I receive a notification of each review. Thank you! Special Guest: Peter Evans.
Srinath Rajam is a Director at TVS & Sons, Chairman at Kwik Patch, and one of the four sons of the high profile TVS group of companies. The TVS Group is a long-standing family business, running for over 110 years, which has interests in everything from auto components through to finance. Now after over a century in business, the TVS group has decided to amicably separate. Srinath talks about this historical event and how by keeping it amicable, it sets the stage for the next phase of growth. Standout Quotes: * "The process of how you manage a company is not taught anywhere; the process for how you manage people is not taught anywhere so these are things you need to learn by watching" - [Srinath] * "Unless all of us are good human beings, we cannot work in a group" - [Srinath] * "If the family is not in one piece... the businesses are going to fall apart" - [Srinath] * "I don't worry about control, I worry about what's best for the business" - [Srinath] Key Takeaways: * Srinath is a 4th generation member of the TVS and Sons Family. He talks about a historic date when the family will finally be breaking up the company and separating after 111 years. Unlike many families which split with resentment and animosity, this breakup is rather amicable which sets the stage for growth in the next phase. * The seeds for the separation started in 1974, although from the onset, at a point when the Founder of the company had his influence waning as a patriarch, there was already a lot of mistrust. It was in 1974 that it became clear that there was no future for the company to continue as one large family which is now manifesting. * Over the 48 years since the first conversation was had about splitting up, the company has lost opportunities to advance in IT, however, they were able to structure the core competence of the existing companies. * The first phase was in 1927 when the company became the dealer for GM in South India. The next phase was automotive component manufacturing which continues to be the most profitable aspect of the business. The third phase is a two-wheeler operation, which is the largest and most valuable company. Most recently, the supply chain has also been racked up, which is the TVS Supply Chain. * About the two-wheeler operation: in 1972, as a young teenager, Srinath had discovered what looked like an electric bicycle which his grand-uncle was creating as a cheap way for people to move around. The engineers had said it would not be possible, but he invested energy, time, and money in it based on his conviction. By 1978, he passed on 10 days before the company was opened. The group was also into all sorts of automotive industries. * The strategy for the separation was that whoever is managing will continue to look after business till the separation, then the valuation was done in 2014, and the difference would be settled in cash. The Indian legal system encourages families to have such a business understanding, which was not initially accepted by all 64 shareholders but with persuasion, they agreed to implement it. The company also has very strict requirements regarding competence and experience to join in the business such that family members are not guaranteed an automatic seat. * Some of these requirements for joining the family business include Graduation from an Ivy League school, a minimum of 3 years of work experience outside the family business with no help getting the job. These and more only qualify members to apply, after which a competency board will assign a mentor who looks after the possible future leaders, and then they can grow from there. These new family members entering into the business start with a small responsibility like one of the smaller subsidiaries and are mandated to only report to a professional, not their parents. * Based on these requirements, most family members are only qualified to apply by their early 30s, which is beneficial for the company because emotional maturity is also critical. * Although G4 wasn't particularly groomed for management, they intend to identify those things they lacked and make them available for G5. Since the process of managing companies or people is not taught anywhere, G5 has to be properly introduced by participating as observers in top review meetings. Most of the methods and practices being implemented to groom G5 are ideas from John Ward. * Even though many families apply all sorts of family governance structures, not many are successful, meaning those structures do not guarantee anything. The question is "How do you make this work?". The first requirement is trust; without trust, none of these things can work. Next is transparency, and the third is to be Just and Fair. People working together must be good people who like being around each other. Additionally, fairness, compassion, and carrying people along, have been more efficient than any of these structures. * To address the issue of power grabbing in the 60s, a change in the business system was made such that no decision can be made without the unanimous consent of the members present. It protected the person managing the subsidiary such that they could not be fired easily but the bureaucracy at the same time restricted opportunities for risk and growth. Hence the success of the group depended on the competence and ambition of the people running each company. However, while the trust was lost and growth was delayed, the companies held on better to funds for reinvestment which promoted overall growth. This however created problems and resentment from the shareholders. * When John Ward came along, he increased the dividends to the non-working shareholders from 10 to 25%. Dividend taxes were also removed from the income. His approach was to make the family happy knowing that most of their problems could be addressed with cash. Some of the dividends were also used to take care of the educational needs of non-working shareholders. * The family has about 80 shareholders, and after the break-up, things will fragment, and there will not be the usual large family get-togethers. Nonetheless, there will still be some rearrangement because some of these small businesses will come together to work to be more efficient. The strength of emotional bonds will also determine the interaction between these subsidiaries in the future. * Unlike the previous structure of the large family where there was no exit clause, Srinath's family business will have one for the shareholders. The company will also take advantage of the newfound freedom from the bureaucracy of unanimous decisions, to take risks and opportunities to grow. * In Srinath's family enterprise now, G4 members are only allowed to pass the shares to the linear descendants. Spouses, sons-in-law, and other members cannot enter the family business. This doesn't necessarily guarantee any birthright for the G5; some G4 members have donated all their shares to charity. The G5 is guaranteed to get no more than a decent standard of living and good education. * When it comes to lineage, no differentiation is made between sons and daughters, it is simply a factor of competence. TVS has a balance between business and compassion, rather than overly tilting in any direction. * Unfortunately, the larger family has never compiled books, photographs, or formally tried to document the family history; this has been a huge disappointment. However, Srinath's uncles tell him not to worry about the past, but to focus on what he can now do in the future. * The logistics business was a brainchild of Srinath's cousin, Danesh, and started 10 years ago. The business supplies anything anywhere and unlike FedEx, they can design something and assemble it at the destination. The Rajam family only is entitled to the IPO; they are buying out the shareholding of everyone else. * One of the most important things to imbibe is to be fair and just, whether at work or in personal relationships. It goes a long way to make people trust you and builds the energy of people around you. * From Srinath to his children: Firstly, be fair and just, be a good person. Secondly, you must add value to the community; do not chase wealth, chase the creation of jobs. Be a positive person always. Episode Timeline: * [00:50] Meet today's guest, Srinath Rajam. * [02:33] What led to this amicable speciation agreement? * [05:54] What are the main pillars that have made up the conglomerate over the last 100 years? * [08:02] About the two-wheeler operation. * [13:50] How have you decided where and how to draw the lines in separating this conglomerate? * [16:42] What are the requirements for family members to join the business? * [19:56] Are there comparisons between the success or failure of G4 and that of G5? * [21:30] Where did the inspiration for this approach towards onboarding come from? * [23:30] What formal family governance structures do you have in place? * [26:32] What method hasn't worked well in keeping the family together? * [34:00] How big was the wider family assembly? * [37:50] After the split up, will you carry on the current family structures to your Family Enterprise? * [40:38] How do succession and shareholding occur in your new family enterprise? * [42:40] How do you view lineage in terms of sons and daughters? * [45:51] After the separation, how does the thread of family history and storytelling continue? * [49:22] Discussing the family logistics business. * [54:40] From Srinath to his children. For more episodes go to BusinessOfFamily.net (https://www.businessoffamily.net/) Sign up for The Business of Family Newsletter (https://www.businessoffamily.net/newsletter) Follow Mike on Twitter @MikeBoyd (https://twitter.com/MikeBoyd) If you feel it's appropriate, I'd so appreciate you taking 30 seconds to Leave a Review on iTunes (http://getpodcast.reviews/id/1525326745), I receive a notification of each review. Thank you! Special Guest: Srinath Rajam.
UYAP!
Chris Powers is the Founder and Executive Chairman of Fort Capital (https://fortcapitallp.com/) and the host of The FORT podcast (https://podcasts.apple.com/us/podcast/the-fort-with-chris-powers/id1410549811). Chris is a serial entrepreneur with more than 16 years of real estate development and investment experience. Since founding Fort Capital, the company has invested over $1.4B in Class B industrial, commercial, multifamily, student housing, and residential and land development projects. His drive to always remain curious, desire to connect with and learn from others led Chris to start his podcast, The FORT. In the FORT, Chris talks with leaders of businesses across real estate and a variety of industries and dives deep into ideas and topics that are not regularly discussed. Chris covers each guest's story and explores in detail the critical moments that led to success, failure, growth, and confidence. He has successfully published over 200 podcast episodes. Standout Quotes: * "You only are going to be on this earth one time, you really are not coming back again after the first time; let's make the most of it" - [Chris] * "Everything that you were mad at your parents for when you were a kid, is everything you respect them for when you're an adult" - [Chris] * "Money never mattered to my dad, being content and serving others did" - [Chris] * "I think it's a very special thing in life to really want to be good at something" - [Chris] * "If you're a parent and you actually can't give your kids the things they want, it makes it almost easy; what's tough is when you can give them what they want and you choose not to" - [Chris] * "How can you expect someone that grew up with everything easy and given to them, to ever have that burning desire" - [Chris] * "Kids don't learn by words, they learn by actions, so I can say everything I want to my kids but they're going to be watching what I'm doing" - [Chris] * "You don't keep families together, particularly with the amplification of wealth, if you're not intentionally practicing the values" - [Mike] * "We're living in a really cool generation where I think we're going to be able to tell our stories to our kids like nobody's been ever been able to do it before" - [Chris] * "There's just very few people that matter in this world that you remember because of how much money they had, it's really about what they did… you will be defined by how much people remember you" - [Chris] * "The majority of businesses that do really well hit singles and doubles over and over" * "When's enough enough?... it depends on how big of an impact you want to have" - [Chris] * The first great business decision you're going to make is who you marry" - [Warren Buffet, Chris] * "There's things in life that are either giving us energy or taking away energy" - [Chris] Key Takeaways: * Chris Powers is the Founder and Executive Chairman of Fort Capital. He is also the host of the podcast, "The FORT", as well as a serial entrepreneur with over 16 years of experience in Real Estate Development and Investment Experience. Chris is a first-generation entrepreneur with stories that shaped him down to his relationship with his children. * Chris's dad was a lawyer who valued education, however, after 13 years of being a lawyer, He decided to become a doctor. With two kids and a wife at home, He left law and started medical school at the age of 39 which took place over 8 years with a financial toll on the family. The experience during those years created the foundation for the impression Chris has about money, feeling fortunate to have been more deprived of things than his peers. Chris also learned the importance of doing things in life that give fulfillment. * Because of the experience of not having money over those years, Chris became an entrepreneur at a young age to get the money he needed. However, Chris has a fear that his success allows him to skip the chances to deprive his kids of the things they should be deprived of. * Following the passing of his dad, Chris witnessed a turnout at the funeral and stories that depicted the level of impact people felt while his dad was alive. Although it was a traumatic unexpected event, Chris felt equipped at the time to take the reins in the family because his father had trusted him very early on to do things. This taught Chris that there's a level of transparency that is healthy with children, for them to start learning early on how the family operates. * "If you study people who are extremely successful in life endeavors, there is a common thread among them where they were in a position to really want something while growing up". This has made Chris understand that it is hard but necessary to deprive kids of certain things even when they can be gotten. He is trying to teach his kids not to be overly reliant on his wealth but to forge their path. Additionally, having the nature to treat people very well even from childhood is a good foundation to build on. * Raising great children amidst wealth is a challenge, and the importance of transparency cannot be overemphasised, especially when it comes to treating people well, or other issues affecting family values. This is important to note because kids learn by watching the actions of their parents, hence the teaching values has to be transparently done through actions. This transparency also translates to work, as Chris tries to make his work fun and appealing to his kids rather than intimidating. * Chris has been very intentional about leaving content for his children to learn from, especially in recordings and this is one of the motivations for his podcast, "The FORT". * Currently, Chris is working to create intentional family traditions that build the family experience. The first of these is an annual talk recorded and kept to give the kids later in life. * Starting Fort Capital: While in school, Chris wasn't particularly trying to make a lot of money but came across someone in Real Estate who helped him learn and start Real Estate deals which resulted in his company "Fort Capital". It is a Real Estate private equity company based in Fort Worth Texas. It is focused on buying Class B industrial and multi-tenant properties, functioning as value-add buyers. As time goes by the desire to sell lessens because there have been great liquidity events from sales and holding cash from sales isn't very impactful anymore. This is beneficial especially for newcomers because Real Estate is a great tax tool. * It is easy to get overwhelmed by other companies that seem to be doing immensely well, and be tempted to keep taking high chances. However, the majority of businesses succeed by surviving and growing incrementally. * To be an entrepreneur you need someone supportive even when things aren't so great. Chris recalls how selfless his mum must have been to be supportive of his father's unexpected decision to study medicine. This played a major role in the success of his dad just like his wife plays to get him to where he is today. * Concerning his view on generational wealth, Chris believes the easy route for a lot of folks with money is to let their kids assume that it's all going to be theirs, as soon as they believe it, whether it's true or not it can alter their lives. He is yet to decide on what he will leave for his kids but currently focuses on shaping their mindset on money. "I want my kids to have something but I want them to earn it and I don't want them to live a life dependent on it; not because I think it would be bad for them to have money but I think it would rob them the joy of living a fulfilled life" * From Chris to his kids: The way they will be judged when they leave earth is by the impact they've had on others. For them to live a fulfilled life, they need to think each day, "if it was all over tomorrow, what did I leave the world"? An exercise for listeners concerning this is "If you were at your 80th birthday party, write down what you would expect people you care about to say to you". You've got one shot, make it count. Episode Timeline: * [00:49] Introducing today's guest, Chris Powers. * [02:25] Chris describes inspiring life lessons from his dad. * [12:24] How did you deal with the loss of your father? * [16:30] How do you create balance with depriving your kids of some things for them to learn key values? * [28:45] Are you being intentional about creating lessons for your kids to come across one day? * [33:39] Do you have any intentional family traditions to build rituals around the family experience? * [35:50] Chris shares his journey to success in his business. * [45:33] Was there a breakthrough point where you knew you could breathe? * [48:58] What did you learn from your mother and wife in the role they play to support the family? * [53:04] Have you started to think about Generational wealth? * [55:53] A letter from Chris to his kids For more episodes go to BusinessOfFamily.net (https://www.businessoffamily.net/) Sign up for The Business of Family Newsletter (https://www.businessoffamily.net/newsletter) Follow Mike on Twitter @MikeBoyd (https://twitter.com/MikeBoyd) If you feel it's appropriate, I'd so appreciate you taking 30 seconds to Leave a Review on iTunes (http://getpodcast.reviews/id/1525326745), I receive a notification of each review. Thank you! Special Guest: Chris Powers.