Podcasts about Turnaround

This episode recorded live at the Becker's Rural Health Leadership Summit features Dallas Killian, Chief Operating Officer, East Adams Rural Healthcare. He discusses guiding a rural hospital through financial challenges, the importance of transparency and community trust, and how empowering teams to help solve problems can create sustainable paths forward during times of uncertainty.

Today's podcast is about God's power to reverse difficult circumstances, offering hope through Scripture, prayer, and examples of political and personal turnaround. He emphasizes divine reversal, Romans 8:28 and Genesis 50:20, urging listeners to trust God for restoration, breakthrough, and a one-day turnaround.

Solomon Wilcots got the chance to interview Cincinnati Bengals Head Coach Zac Taylor in order to ask him all about his plan and expectations for this upcoming 2026 season. Listen in to hear all about his thoughts on the roster, the schedule and anything else in between straight from the horses mouth. If you are a Bengals fan you won't want to miss this one! Listen in NOW! Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Nick is joined by Rishi Persad for a packed edition of the Daily Racing Podcast. They are joined today by William Haggas, who is throwing a major curve ball at the Criterion Stakes this weekend in the shape of Jersey also-ran Saber Strike. He also gives the lowdown on running plans for the remainder of his Ascot squad. Ralph Beckett muses over whether to run Bay of Brilliance in the Irish or German Derbies, while Richard Hannon reflects positively on his Ascot and looks forward to a tilt at The Curragh with Bunyola Bay. Adrien Cugnasse gives his take on why France Galop relented on geldings in the Arc, while JA McGrath has the latest from Hong Kong, and Eva discusses the Derby `Sale catalogue and equine flu protocols with Tattersalls Ireland CEO Simon Kerins. Nick and Rishi also talk about measures to work within a heatwave, and what this week's events may suggest for the future.

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Nick is joined by Rishi Persad for a packed edition of the Daily Racing Podcast. They are joined today by William Haggas, who is throwing a major curve ball at the Criterion Stakes this weekend in the shape of Jersey also-ran Saber Strike. He also gives the lowdown on running plans for the remainder of his Ascot squad. Ralph Beckett muses over whether to run Bay of Brilliance in the Irish or German Derbies, while Richard Hannon reflects positively on his Ascot and looks forward to a tilt at The Curragh with Bunyola Bay. Adrien Cugnasse gives his take on why France Galop relented on geldings in the Arc, while JA McGrath has the latest from Hong Kong, and Eva discusses the Derby `Sale catalogue and equine flu protocols with Tattersalls Ireland CEO Simon Kerins. Nick and Rishi also talk about measures to work within a heatwave, and what this week's events may suggest for the future.

Ihr merkt's wahrscheinlich auch: Die Stimmung in Deutschland ist verdammt mies. Kaum ein Politiker ist so unbeliebt wie Friedrich Merz. Aber auch mit dem Rest seiner Regierung sind die wenigsten Leute zufrieden.Die Grünen stehen in den Umfrage super da, aber Ricarda Lang kann sich nicht freuen. Sie hofft sogar, dass Merz, Spahn & Co den Turnaround schaffen. Nur wie?Wir haben darüber gesprochen, ob wie man Menschen wieder erreichen kann, ob für sie Rot-Rot-Grün wirklich eine Machtoption wäre und ob wir wirklich – wie viele es spüren – in Deutschland kurz vor dem Abgrund stehen.Hinweis: Das Gespräch wurde am 12.6. aufgezeichnet. Über die Ereignisse beim Parteitag der Linken wurde deshalb nicht gesprochen.

At the Eurelectric Power Summit 2026 in Helsinki, Laurent had the opportunity to sit down with Catherine MacGregor, CEO of ENGIE and Vice President of Eurelectric, for a wide-ranging discussion on the key issues shaping Europe's energy future.  We began with the themes at the heart of Eurelectric's agenda this year: security of supply, affordability, competitiveness, and the challenges and opportunities created by the rapid growth of data centres.  One of the most striking insights from our conversation was that Europe does not have an electrification technology problem — it has an electrification coordination problem. This was also the central conclusion of the report Power Couples: Enhancing Industrial Competitiveness through Electrification, launched by Eurelectric and Accenture at Power Summit 2026. The report finds that electrification projects rarely fail because technology is unavailable. Instead, they stall when power economics, grid access, infrastructure delivery, financing structures, and industrial investment timelines are not aligned.The proposed solution is a new delivery model: “Power Couples”, bringing together industrial players, utilities, technology providers and capital partners to accelerate deployment at scale.  We also reflected on ENGIE's remarkable transformation under Catherine's leadership over the past five and a half years. The company's strategy has been defined by two parallel moves: more than €15 billion of divestments from fossil and legacy assets, alongside concentrated investments in renewables, networks, batteries, and regulated infrastructure — all while maintaining strong financial discipline, with net debt-to-EBITDA around 3.  The results have been impressive. Since 2021, ENGIE has delivered the strongest risk-adjusted equity performance among major European utilities, combining substantial dividend distributions with significant share-price appreciation. With an annualised IRR of roughly 20.5% since January 2021, ENGIE has outperformed the net returns of many leading global infrastructure investors, effectively delivering private-equity-style returns with public-market liquidity.  Our discussion also covered ENGIE's leadership in power purchase agreements (PPAs), its support for 24/7 Scope 2 accounting, the recent acquisition of UK Power Networks, progress in EV charging infrastructure, and its fully integrated strategy for data centre development.  Finally, we explored ENGIE's investment plans for the years ahead and the broader structural shift underway across the energy system: the continued transition from molecules to electrons.    Eurelectric Report: Power Couples https://www.eurelectric.org/publications/industrial-electrification-power-couples/

Dan Purser MD interviews a patient with a brutal sarcoidosis case involving sky-high SIL2R cytokines, GI sarcoid, heart damage, and years of being dismissed by doctors. After spleen removal, repeated ER visits, and nitroglycerin dependence, he finally found answers.Learn how cytokine testing and the VARS Trio (Glutathione + SOD + Catalase) led to rapid improvement — going from bedridden fear to playing with grandkids in just weeks.This episode highlights the power of root-cause medicine for complex inflammatory conditions and offers hope for those who feel lost in the system.Perfect for listeners dealing with sarcoidosis, chronic inflammation, autoimmune issues, or cytokine-related symptoms.#Sarcoidosis #Cytokines #VARS #PurserWellness #ChronicIllnessRecovery

Have you ever felt like you're just going around in circles in your business? Like you're working hard, you're trying different things, but something just isn't clicking? In today's episode, I share the framework I use to help business owners gain fresh perspective, uncover opportunities, and get unstuck.   Full shownotes at https://clarewood.com/podcast/episode378/

(0:00) Intro to this episode (2:52) About the podcast sponsor: The American College of Governance Counsel (3:39) Start of interview (4:18) Keith Giarman's origin story. About DHR Global (9:33) Tony Abate's origin story. Current boards: Wolfspeed, GTT Communications, Mitel, and Tacora Resources. (23:52) Turnaround Board Playbook. Three phases: 1) Fix the balance sheet; 2) Turnaround strategy, and time to turn to the income statement; and 3) Exit the business. (28:50) Private Equity Board Structure. It is all contextual. (33:40) Compensation in PE boards. (31:15) What Makes Boards Effective, from Tony based on his chairmanship experience. Execution vs process. *Execution: 1) Skill Set Distribution ("Three is too few, five too many."), 2) Relevance of that skill set distribution to the situation at hand, and 3) Willingness to engage with the management team between board meetings ("the most important" goes to board culture). (38:34) Building the Board Agenda, from Tony: Tight agenda in three buckets: 1) Decisions needed now, 2) input without a decision, and 3) FYI. Most boards get stuck on FYI and never reach the real decisions. Then 40 to 50% of the deck should be standardized financial and operational KPIs (flag only what's changing), one rotating deep dive, and executive sessions with and without the CEO. (42:53) LLCs and Governance Dynamics in PE. (45:52) AI and Board Talent Demand. "Matrix management" (50:36) Underestimated Governance Risks. From Keith: for board members: "Are they aligned? Are they courageous? And are they adaptive?" From Tony: "The board should talk about the what, not the how." Difference between supervising and execution. Caveat: some PE firms are very prescriptive. (56:23) Founder-Led or Board-Led companies. (1:00:16) What are the 1-3 books that have greatly influenced your life:  Tony:  Titan by Ron Chernow (1998) Theodore Rex by Edmund Morris (volume 2 of the trilogy) (2001) The Demon of Unrest by Erik Larson (2004) Keith: Mornings on Horseback, by David McCullough (1981) The Outsiders, by William N. Thorndike Jr. (2012) The Evolving Self, by Robert Kegan (1982)  (1:05:00) Who were their mentors, and what they learned from them. (1:09:07) Quotes they think of often or live their life by. Tony: The Man in the Ring by Teddy Roosevelt. Rudyard Kipling poem If. Keith: "Everybody has a plan until they get hit in the face" (1:11:17) An unusual habit or an absurd thing that they love. (1:12:21) The living person they most admire. Keith Giarman is a Managing Partner of the Private Equity Practice at DHR Global, and Tony Abate is an experienced board chair, director, investor, and operating executive. You can follow Evan on social media at:X: @evanepsteinLinkedIn: https://www.linkedin.com/in/epsteinevan/ Substack: https://evanepstein.substack.com/__To support this podcast you can join as a subscriber of the Boardroom Governance Newsletter at https://evanepstein.substack.com/__Music/Soundtrack (found via Free Music Archive): Seeing The Future by Dexter Britain is licensed under a Attribution-Noncommercial-Share Alike 3.0 United States License

Jeff Blair and Kevin Barker recap the Blue Jays' weekend series against the Chicago Cubs, Jays acquiring infielder Luis Urías from the Arizona Diamondbacks for cash considerations and sending outfielder Yohendrick Piñango down to Triple-A Buffalo, Kevin Gausman getting torched against the Cubs, if there's signs for a turnaround this season for the Blue Jays or Houston Astros, Kazuma Okamoto's stability at the plate, Daulton Varsho's at-bats since returning from his injury, and Louis Varland's six-out save. Then, Astros TV analyst Geoff Blum (30:20) stops by to chat about why Yordan Álvarez is the purist hitter in baseball, how he has influenced his teammate Christian Walker, Hunter Brown's growth into becoming the Astros' ace, Jose Altuve's regression, and how aggressive the club will be at the trade deadline.  The views and opinions expressed in this podcast are those of the hosts and guests and do not necessarily reflect the position of Rogers Sports & Media or any affiliates.

Penn State football recruiting turns the tide as Matt Campbell secures elite linebacker Case Alexander over Oklahoma, despite deep legacy ties to the Sooners. The Nittany Lions recover from recent recruiting setbacks and remain locked in heated battles for top wide receiver targets Khalil Taylor and Deshawn Hall, while Texas cornerback Dhillon McGee emerges as another name to watch. Are these late pushes enough to transform a good class into a program-defining haul? Zach Seyko and recruiting expert Brian Smith dissect Penn State's recruiting strategy, spotlighting the impact of coaching changes, NIL offers, and the importance of landing immediate playmakers. Key topics include concerns over flipped commitments, the significance of winning in-state battles, and the quest for true difference-makers at key positions. Can Penn State close strong and make a statement under Campbell's leadership? Everydayer Club If you never miss an episode, it's time to make it official. Join the Locked On Everydayer Club and get ad-free audio, access to our members-only Discord, and more — all built for our most loyal fans. Click here to learn more and join the community: https://theportal.supercast.com/ Support us by supporting our sponsors! Odoo Great organizations win because operations matter. And that's why you should get Odoo. Try for free today at https://Odoo.com/lockedon. Rugiet Get 15% off your treatment → https://rugiet.com/lockedonnhl Rugiet. Performance medicine for men. Indeed Listeners of this show get a $75 Sponsored Job Credit to help give your job the premium placement it deserves at http://Indeed.com/podcast FanDuel Today's episode is brought to you by FanDuel. Right now new customers can bet just five dollars and get one-hundred and fifty dollars in bonus bets if your first bet wins. Visit https://FANDUEL.COM to get started — Play Your Game. FANDUEL DISCLAIMER: 21+ in select states. First online real money wager only. Bonus issued as nonwithdrawable free bets that expire in 14 days. Restrictions apply. See terms at sportsbook.fanduel.com. Gambling Problem? Call 1-800-GAMBLER or visit FanDuel.com/RG (CO, IA, MD, MI, NJ, PA, IL, VA, WV), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-800-9-WITH-IT (IN), 1-800-522-4700 (WY, KS) or visit ksgamblinghelp.com (KS), 1-877-770-STOP (LA), 1-877-8-HOPENY or text HOPENY (467369) (NY), TN REDLINE 1-800-889-9789 (TN) Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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The biggest opportunities often sit in the work everyone else is afraid to touch. In this episode of the IC-DISC Show, I sit down with Scott Abels, a CPA and business valuation specialist in Austin, to talk about why he built his practice around estate, trust, and gift valuations, the one area most professionals avoid. Scott spent 25 years in corporate finance at Dell and Motorola before launching his own firm. He moved from CFO consulting into valuation, then narrowed further into estate and trust work, an area with its own IRS code sections, examination rates above 20% on large estates, and the highest error rate he's seen. He walked through the landmines, retained rights and marketability discounts among them, where a single mistake can wipe out a client's discounts entirely. What struck me was his case for getting the valuation expert in during planning, not after, when it's often too late to fix anything. The same logic shows up in his turnaround standard of 30 to 45 days and the dozen questions he tells attorneys to ask before hiring anyone. Scott also revealed a project he'd been quietly working on, a plain-English book for Texas attorneys, and his answer for how the busiest professionals actually want to be helped. SHOW HIGHLIGHTS * The riches really are in the niches: narrowing from CFO work to a field with fewer than 10 true specialists turned a commodity service into a moat. * The IRS examines large estates more than 20% of the time, because it knows that's where taxpayers try to avoid taxes, so the valuation has to hold up. * Get your valuation expert involved during estate planning, not after; retained rights and other landmines often can't be fixed once the structure is set. * A buy-sell agreement signed and executed perfectly still won't bind the IRS, which weighs economic reality over legal form every time. * Overstep on discounts and the penalty isn't just losing them; the IRS can throw out your whole valuation and re-value with no discounts at all. * Before hiring a valuation pro, ask their guaranteed turnaround time and whether they offer audit defense; vague answers signal it's a side service, not their focus. Contact Details LinkedIn - Scott Abels LINKS Show NotesBe a Guest About IC-DISC AllianceAbout ETG Valuations TRANSCRIPT (AI transcript provided as supporting material and may contain errors) Dave: Good morning, Scott. Welcome to the podcast. Scott: Thanks, Dave. Thanks for having me. I'm looking forward to visiting with you. Dave: Sure. So where are you located today? What part of the world are you calling into from today? Scott: I'm in Austin, Texas. Cloudy, Austin, Texas this morning and just up the road from you a bit. Dave: Okay, well, that sounds good. So I've been really excited to have you on here. You were a guest a while back. You've kind of had some updates that I want to talk about. So why don't we just talk out. Scott: Talk. Dave: Give me a little bit of your background, you know, where are you from, what you're, you know, how'd you get to this point in your career? Scott: Sure. So I'm a Texas boy, born and raised. Went off to college, majored in accounting, got my accounting degree at the University of Houston and went, went straight into industry. Got my CPA shortly after. After I graduated and went into industry. And I spent about 25 years in what I call corporate America. Dell, Motorola, in corporate finance. And you know, most of my background is running a business division of a larger business. So it's really understanding how businesses work, how the day to day operation works, how's. How does the business model work from a financial perspective? Because I did that for about 25 years. Started my own consulting business about 15 years ago now. Dave: Okay. Scott: Initially, I started out as a CFO consultant, just kind of using the things that I learned in corporate America for smaller businesses in the. Mainly in the Austin area. And really quickly I, I had a client early on who needed help with business valuation, wanted to buy out a minority partner, and so I went away and got the valuation credential, the cva. It's essentially a CPA for business valuation. Dave: Okay. Scott: And I did a couple of these business valuations and I realized several things really quickly, Dave. I realized that these are like business valuation is like a puzzle. It's like a little business puzzle. And it's just perfectly suited to my background in understanding how businesses work. So I really, I like the work and it's well suited to my background. Other things I realized is as a CFO in Austin, I'm probably one of a thousand. Lots of competition, really. A commoditized service at the time that I started out, probably still is. As a business valuation professional, though, I'm probably one of 15 or 20. Okay. And there's probably only, you know, there's probably fewer than 10 of those that specialize and do nothing but business valuation. It's much more of a niche and you know, Much more of a specialized industry. And it just was a great fit with my background. So that's where I am today. I'm specialized in business valuation. And, you know, my background as a CPA and in corporate America has really kind of lent itself well to what I do currently. Dave: Okay. No, I appreciate that oversight. And, you know, my business is somewhat similar that, you know, there's a saying the riches are in the niches, and I'm convinced. But I find most professionals don't have the courage to really truly focus on a niche because to say yes to the niche, you have to say no to everything else. And so I really respect, you know, niching know, you know, kind of highly focused on the valuation. But then it sounds like you've done. You've decided to niche even further. So talk to me about that. I see what's in your background. I assume that's got something to do with does. Scott: It does. And you know, Dave, I'd like to tell you that I planned this whole thing out and that it was all this, you know, deep thought and yeah, this business research and everything else. But it really just has kind of evolved along the way, you know, from doing CFO work, which is pretty broad, to. To doing business. Valuation was, you know, really a specialization move there. But it made sense for my background and it was a, you know, a good opportunity based on. On, you know, what my skill set was and what I found now after doing valuations for several years is that one area that I think has the, you know, maybe a greater need than any other is estate trust and gift valuations. And, you know, the reason, there's really three reasons that I can think of. One is that it's. It has its own specialized IRS rules and regulations for estate trust and gift. So it's almost like there's every other valuation and then there's estate trust and gift that has its own specialized code sections, and it's very different from typical valuations. Another reason is that the IRS really scrutinizes estate, trust and gift valuations more than any other. So, for example, large estates, they are examined greater than 20% of the time when their returns are. Their tax returns are. That's a really high examination rate. And the reason is because the IRS knows that there's ways in there that taxpayers can avoid taxes. And so, as you might imagine, the IRS is not a big fan of taxpayers avoiding taxes. So they're going to examine those, especially the big estates. So specialized rules. The IRS loves to look at these. And the last reason is this is an area that, where evaluation folks make mistakes probably more than any other is what my research has told me. You know, it cries out for somebody to really specialize in this kind of work. And because, like I said, just because not everybody can do this. The problem is a lot of folks try to do this as a one off. And that's where we really end up hearing the horror stories about how the IRS picks these things apart. So for me, where a lot of people see this as an area of risk they don't want to touch. It's an area that I run to because it, you know, again with my specialization in this area, it allows me to work in the here and to see it as a real opportunity to serve clients better than what they might normally get from their, from their okay CPA or from, you know, from many other valuation professionals. Dave: Yeah, and I suppose it's a little bit like you, like a generalist valuation person. Doing a state trust or gift valuation is a little bit like a corporate attorney who really is great at corporate work. M and a contract work. And then they have a buddy who says, hey, we need to do this, we need to set up some, you know, this is this trust and we need to do some gift work. And the attorney says, yeah, sure, no problem. Right? I mean, technically they're qualified, right. They're a member of the state bar, they have a law degree. And so, you know, and the IRS recognizes that degree. But is it kind of a similar thing where you just, people just don't know what they don't know? Scott: It is. And I just look back to when I started doing these, I didn't know about all of the different code sections either. I wasn't doing these things at the time. And when I started doing these a few years ago, I realized, you know, some of the specialized knowledge and code sections that you have, and after doing them for a number of years now, I think I realized it even more. And it just is, it's a flashpoint area for the irs. They know that there is a lot of potential to go in here and claw back revenue because of things like discounts and retained rights. Things that don't come up in normal, you know, discounts come up in normal valuations, but not the way they do in estate and trust and gift valuations. And it's a, it's an area where you can, you know, clients can take advantage of the rules to save themselves significant taxes, but if they don't do it properly or if they, if they overstep the penalties are huge. So not only do they lose what they thought they had in discounts, for example, but the IRS may completely invalidate their whole valuation and go back and value it for them with no discounts. So the penalties are huge here. Which, again, I think is a reason that I see this as a huge opportunity to help clients navigate what is really a minefield here. It's a, it's an opportunity, but it can potentially be a huge downside if it's not done properly. And being able to offer that kind of specialized knowledge, I think is very valuable to clients and especially to their attorney partners. Dave: Yeah, I can understand that. And, you know, is this is when you get, when you pick up valuation clients in this space, is it like it was in the. When you're doing general value valuations where you just get a call from somebody out of the blue and they say, hey, Scott, you know, I've got this trust set up and I need evaluation done. Is that how the clients come to you? Is it just the actual end user calling you, or does it come to you some other mechanism? Scott: So it's. The short answer is no. It's seldom the end user because the end users don't usually know what they don't know. Right. They are reliant upon an attorney. So in almost every case it's going to be in a state and trust attorney who's going to recognize there's a triggering event where they need to get evaluation done and they'll reach out to me or to another valuation professional at that point in time. And so that's where the whole process usually starts. Interestingly enough, what I share with estate and trust attorneys when I visit with them, have a coffee shop conversation, is that it's even better, more advantageous to them and their clients to get their valuation person, regardless of who that is, to get them involved on the planning side way at the beginning of this, when the estate and trust attorney is putting together the whole, you know, the whole package of here's what we're going to do, here's the way we're going to set these things up, and here's how it's all going to flow. Because, you know, sometimes what we find is we do that valuation way later, way after the estate planning has been done, and we find these issues like retained, retained rights, for example, it's too late, then there's nothing else we can do. It's already, it's going to do, you know, it's going to, it's going to be a negative for the clients at that point. Whereas if we had been involved on the front end of the planning in this thing, we might have been able to say, hey, look, the IRS is going to look at that and they're going to disallow that as far as a tax advantage goes. So let's find a different way, you know, to work around that. But all that work, regardless, it comes in through attorneys or their CPAs. Client CPAs. Attorneys and CPAs who have business owner clients who experience a triggering event. And that's how we get involved. Dave: Yeah. And I know, I know that attorneys get a bad rap in certain circles, but I know that you and I, one, you know, we've known each other a while and one thing we each have in common is we, I think in a different life, either or both of us could have very well gone to law school, practice law. I know you have a brother who's an attorney, but I think early in your professional career, I think you had an insight into the legal profession that I think helped develop that appreciation for the profession. Is that right? So tell me about that. I know there's a story, but I really don't remember much about it. Scott: So you've been digging into my background here, Dave, I can tell. And you've done a good job. So early on. You're exactly right. Early on, I was from a small town in Texas called Bay City, about an hour and a half southwest of Houston there, and small town. And I worked for an attorney who was a family friend, a well known guy in the community. We knew him from church and like family and everything, and he was kind enough to let me work for him as a small one man office during the summer and during breaks and I got exposure to the legal profession like, like you could never get today, you know, here I am, a kid in college, don't have, I don't have any kind of legal skills or background or anything, but. But the one thing I was curious and willing to kind of jump in and wanted to learn stuff. And the attorney's name was Lynn Grebe. He was a general practitioner. So I got to see estate, trust wills, I got to see general business stuff. I got to see divorces, real estate, even did some small criminal defense stuff. So he's a generalist. Dave: Yeah. Small town, you kind of have to be. Scott: Right, exactly. So I went to the courthouse and filed suits and filed documents. I did some legal research, some, you know, lightweight legal research, but. And I listened, you know, I drafted documents for him and I just, I got to spend a lot of time with this guy. He was very generous. And as a one man office, I had access to him on a, you know, on a, you know, full day basis. So I got to see how he thinks, I got to see how attorneys work, I got to see how the legal profession works. And what I figured out was it really is, it's a very logical thinking kind of, you know, of a practice of a work. And, and it just thought, hey, you know, I, I like this. It's logical, it makes sense, Communication is really big. And I was always a good writer and I was just kind of drawn to that work. And I got to see again how a law office works early on. And Lynn was really a, was a professional role model for me. My parents were not professionals, business professionals. So he was, early on he was a role model for me as to how you conduct yourself, how you run a business. And, and I just really, you know, kept a lot of those things that I learned from him early on. And so I, you know, when I got out of college, got my cpa, when I started my own business working with attorneys, it was, it was kind of a natural, comfortable throwback for me, Remembering how law offices work, remembering how attorneys think, the time pressures, the schedules, all of those things that go in with being attorneys. It was kind of a, like I said, a natural return to some of those things for me. The other thing you didn't mention is, you're right, I've got a brother who's an attorney, I've got a son who's an attorney. You know, I can't do lawyer jokes anymore. I'm not allowed to do those without really offending family members. I've learned to, I've learned to huddle with attorneys on a regular basis at home and at work. Yeah. Dave: And the other thing that I've noticed About attorneys and CPAs is that, and I think it's part of what motivates them professionally. And when I tell this to attorneys and CPAs, they kind of all shucks, downplay it, but they really are, in many situations, they're a hero, they're a superhero to their clients. They are either saving them from a dire circumstance like, you know, the client was audited and they have to come in and clean up, or they were sued or they're doing planning that, that really relies on that. And I think one of the things that I especially appreciate about attorneys is they are this in some ways, you know, they're right up there, I think, with the cpa and you can make a case of which one is the more trusted advisor and maybe depends on the circumstances. But I've noticed the attorneys I've met, they really relish that fiduciary duty to their clients. They don't take it lightly. And they really are about the big picture and especially on the estate and trust side. I mean, they're doing work that, that's going to survive them and they're, they have to have a long term focus and a patience and a discipline and they have to be willing to push back on the client and say, yeah, I know it's helpful if we value this business at $5 million, but come on, Charlie, this business is worth $40 million. So maybe we can get some discount, you know, and maybe make it valued at 30 or 35 million. But we can't value it 5 million. And if we do, we're just asking for trouble. Scott: So anyway, that's kind of been my Dave: experience of working with attorneys. How has yours been? Have you had a similar experience? Scott: Yeah, and I go back to Lynn, Lynn Grievy, the attorney that I worked for. You just explained exactly the relationship that Lynn had with his clients. You know, these people looked up to him as a, you know, one of the, one of the towers of the community. He really was the guy that, that, you know, that looked out for the, you know, the common man in, in many ways, like you said. So he really was, you know, just a great figure in the little small town when I was there. And so many of the attorneys that I work with now, and especially estate and trust attorneys, Dave, as I work with these folks and, and I know a number of them and you know, and speak with them on a regular basis, even when we're not working on a particular evaluation case. And they are, like you said, they are not just doing a service for that client, they are doing something for that client's children and grandchildren oftentimes. And the clients are trusting these attorneys, especially the estate and trust attorneys, to know this mountain of regulation and to understand how to help them navigate based on their, their particular circumstances, something that's going to survive them and their children and maybe down to their grandchildren. So I agree with you. Most attorneys that I know relish what it is that they do because they can do something that not everyone can do for those clients and they love making clients happy. Dave: Yeah, yeah, that's certainly been my experience as well. Well, why don't we dive just a little bit more into the estate and trust and valuation discount. What are some other, like, if there's an estate attorney Listening to this, what are some other things that maybe they're not familiar with? As far as landmines or opportunities on the valuation side? What are some other things that come to mind? Scott: You know, it's interesting that you, that you mentioned that there's several IRS code sections that deal with very specialized rules. And so we actually, you know, have done some research to find out what are the rules that most often trip up, you know, attorneys and their clients. And we recently put together a white paper that I've shared with a lot of my trust and estate attorney friends of some of the, in this case, the six top things that tend to trip up attorneys and their clients. And it's, you know, it's things like treating a family buy sell agreement as fair market value. Just because you prepare a buy sell agreement and you go through the formal documents and have everyone sign it and you say, hey, here's what the value of our LLC is going to be. Just because you've done everything properly legally doesn't mean that the IRS is going to accept that. The IRS looks at the economic reality over the legal form. So just because you say, you know, hey, we gave this property away, you know, from this client, this client, you know, gave this property away, and so it's not included at his estate, the IRS looks at it differently and they say, okay, you gave it away, but you gave it away two days before you died. You know, this is almost, it's not, you weren't really looking to give this stuff away. You're looking to avoid taxes to your estate, right? Or let's say that the client says, hey, I'm giving away this, this, this business interest, you know, to my kids, but I'm retaining the right to, to make dividends, you know, from that business interest. The IRS looks at that and says, you're like, we call that retained rights. The IRS says, hey, you're retaining, you know, certain rights to that business that suggests that you still control it. So guess what? That business interest, you know, for $30 million that you said you gave away is not part of your estate. You effectively kept that. We're going to pull that back into your estate now and you're going to owe us taxes on that. And you've got a huge estate. So this means that your marginal tax rate on that business is, you know, it's astronomical. So, so those are some of the types of things. But it's, you know, it's knowing specialized rules like, you know, retained rights. It's another area where the IRS really gets folks is in discounts. Dave: Okay. Scott: Oftentimes. So discounts are a legal tool to use to represent a market reality. And so let me just give you an example there. You know, we have what we call a marketability discount that we can take on a business interest. And what that means is I can't turn this into cash very easily. A marketability discount shows the market reality that my privately held business, if I wanted to liquidate it, it would take me some amount of time and probably a lot of time, probably many months to liquidated. And therefore a, an informed investor would pay me less for that. They would discount that. Dave: That's a, sooner you want to close, the bigger the discount. Scott: Right? Dave: I mean, if you went to an arm's length transaction, that said, I have this $50 million business that would normally require a year of due diligence and you say to them, what will you give me to close on this business in one month? Well, they naturally are going to put a huge discount on that to account for the fact that they're having to skip their normal due diligence to offset their risk. Scott: Yeah, it really is a risk and return thing, is what these discounts represent, but it represents a market reality. Okay. What you can't do, though, what the IRS really frowns on is when maybe, let's say it's a CPA or somebody who only does valuations part time and they, you know, they're going to go look and they're going to say, oh, okay, for, for this type of asset, the average marketability discount is 35%. So boom, there we go. We're going to put 35% on it. They don't bother to explain it in the report because there's nothing to explain. They just went and found the market average. And the IRS is going to say, absolutely not. The discount needs to reflect the market reality of what's going on here. And, and using an average is not acceptable. And there's tons of court cases that show this. Now, if you went, for example, and found a court case with an asset that was very similar to yours, and they took a 50% marketability discount because of certain market realities with that business, and you and your business was very similar and had the same set of facts and circumstances, you might be able to take a 50% discount, but you've used a court case or you've used, you know, solid reasoning for how you did that. You didn't just take an average. So discounts are a huge area that the IRS loves to attack. And then like I said, the Last thing, really is the overriding theme in so many of these estate, trust and gift rules of the IRS is valuing the economic reality over the legal form. So just because you say that you gave something away, if you retain the right and use, you know, the ability to use it and to enjoy it and to have certain rights, the IRS says, I don't care that you've got a legal document that's signed. You didn't really give away those, those things from an economic perspective. And so you lose your discount and we're going to hit you where it hurts, which is in tax dollars. So that's what makes, you know, this area of specialization, you know, so difficult for a lot of folks. You don't want somebody who dabbles in this stuff. You really need to know these rules and to have dealt with them and to be experienced in this. Dave: So that's a really interesting point on the discount because, and I guess it's because these are related party transactions is what causes the scrutiny. Because if you have a $50 million business and you have a unrelated third party and they strike a deal to buy the business for $25 million and that's what everybody agrees to, then that's the price. And there's really no way for any other entity, a government body, a bank, anyone else, to really question it. Or conversely, if they're. A bidding war happens and that $50 million business sells for $100 million, that the contract governs it. As long as, you know, it meets the elements of a contract, that contract is valid. And it just strikes me that I could see somebody being tripped up on this because like you said, they could have all the I's dotted, the T's crossed, it being notarized, being signed by all the parties, I could see all that happening. And it seems like that $50 million business that you valued at $25 million, on the surface, everybody may think, hey, we're in great shape, I's dotted, T's crossed, everybody signed it, we had it notarized, we signed in a fancy office, everybody was sober, we're good. So is that, is it the related party aspect that creates the nuance and the difference? Scott: That. That is a big part of it. So in estate trust work, we're talking about, you know, it's clients that are doing things for themselves that often involves their family members or close friends. And so that's exactly what it is. So if, like you said, if, you know, a sale to an unrelated third party, that's market value, unless there's something else going on under the table. Otherwise, it's, by definition, it's what the market would pay and, you know, a buyer who doesn't have to buy and a seller who doesn't have to sell. But when you're doing these things, when you're gifting something to your children or to your spouse and you're assigning a value to that, it's a much different story, right? Because now it's, that's a family member or a person that's close to you. And you know, the real thing here, that that's, that that causes the friction, Dave, is that, you know, IRS rules allow people to take advantage of certain things to pay less taxes. There's certain things you can do. You can take discounts. The thing is, you can't take, you can't just willy nilly take discounts. They have to be properly supported and they have to be market based. And, and unfortunately, those things are not clear and objective. It's like, okay, you get, you do 1, 2, 3. And it works perfectly every time, right? There's a lot of subjective knowledge that goes into this, but at the end of the day, it needs to make sense to the irs. And they make the assumption they're at, they're adverse from us, right? From us and our clients. And their assumption is this thing is probably wrong unless you can prove to me that it's right. And that may not seem fair, but oftentimes that's kind of the way it is with the valuation. So it's really important to prepare that valuation from the perspective of, I'm expecting that the IRS is going to ask me these questions and they're going to push on me on these areas. And so I want this report to be so clear, when they look at it, it's like, okay, well, I see what he did. I may not fully agree with it, but what he did was reasonable and he didn't take any crazy positions. As opposed to just doing a standard valuation where you don't really speak specifically to some of those issues. You leave those areas of interpretation open for the irs and they're going to take advantage of that every time because they've done way more of these than our client has. Right? Dave: Well, I couldn't. But I always thought that once you did the valuation, you were done, you washed your hands of it. You said, hey, that's it, we got this crazy 80% discount. I'm done, I've washed my hands of this, and I never am going to be asked about this again. Is that how it goes. Scott: And I'm sure that you're being facetious when you ask that question. That's how it goes with some evaluation professionals, unfortunately. But that's not how it goes at atg. The way that we do these things, when we do evaluation like this, we always offer what we call audit defense. And you know, what that means, is that if the IRS picks this thing up and does a first line of examination of this, we're going to represent you. Whether that means sitting down with him face to face or answering emails or getting on a zoom call, we're going to defend our work. And so we're going to talk to the IRS and say, hey, look, here's what we did. Here's why we did it. And, you know, the IRS doesn't always have to agree with you. That's okay. They may not agree with you on everything. They probably won't. But as long as you. As long as you can clearly explain and it makes sense from a market perspective, you're going to be okay. And so when we prepare these things, we know that we are going to be having to explain this to the IRS potentially, and that's the perspective that we take. You know, one of the things we. That we typically say is we think like the irs, before the IRS ever shows up, we're thinking like, okay, what are the questions that they're going to ask? What are the areas that we need to really do? Make sure that we've got this thing perfectly buttoned up and prepare that. Like, we're going to sit down with an IRS agent who's angry and hasn't had his coffee on that day. And so we do that in advance for every one of these, knowing that we're going to. That we're going to be. That we're going to be on the hook if they examine this thing? And so we're never. We don't ever leave the client, you know, hung out to dry. It's like, okay, I do see that from time to time where clients come and they've got a. They've got evaluation, or their attorney comes and says, hey, we got this valuation. And it seemed really great, but the IRS has got all these questions about this 80% discount, and we don't know how to answer them. And we can do what we can do to try to, you know, to try to help the situation. We can't fix those things that, that, you know, if it's. If they've taken. If somebody else has taken a position that's not defensible. Not a whole lot we can do, but hopefully what we can do is just to help to, you know, to smooth it as much as possible or to prepare the client in advance for, you know, for what is likely to happen here is oftentimes what we do. Dave: Well, it sounds like your approach is more thorough and probably takes more time than just, you know, somebody who, you know, has some boilerplate language. They do 10 minutes of research, they say the average discount for this industry should be 40%. They plug it in, they have a five page report and they say that's that. You know, is this one of those things of you, you get what you pay for? It is. Scott: It is. It definitely takes more time for us to do it the way that we do it, which is building that report, assuming that the IRS is going to ask us questions, takes more time and it costs the client a little bit more to do that. But the downside is such that it more than pays for itself. If you think about it, we're, you know, I talk with the clients, with attorney referral partners about this. Where would you rather your client be? Would you rather them be elated about that 80% discount that they got that is not defensible? Or would you. Are you still going to be there when the IRS examines this? They got a 1 in 5 chance of examining it. Are you going to want to be there when you have to give them the bad news that the IRS disallowed the discount? And the problem is, Dave, that if the valuation is off significantly, the IRS doesn't just say, oh, no, that's not 80, it should have been 50%. So we're just going to take the delta. They look at it and they say, it's 80, it should have been 35. You guys screwed this up so bad that we're going to disallow the whole discount. And oh, by the way, that other discount that you took to, you took a control discount, it's automatically disallowed too, because you have so egregiously misstated this. And they can take the final step of saying, we're going to disallow the whole valuation here. We're going to set the value and you don't get any discount. So that's the absolute worst that could happen. But think about it. When they disallow that, that big discount that you've promised your client, and they've probably put the money in the bank and maybe even spent it, now you got to go back and say, hey, we don't. Not only do we not get that. That 50 or 80% discount, but you got to turn around and pay taxes on that whole amount. And, you know, for these larger estates, it could be millions of dollars. It's oftentimes. It's always thousands, hundreds of thousands, oftentimes millions of dollars that the client didn't think they were going to have to pay. They were super happy when they got that really cheap valuation. But. But it's like, okay, would you have paid, you know, 25 or 30% more for the valuation if. If you would have known that it was going to save you this whole debacle? Dave: Yeah. We're talking thousands of dollars in additional fees versus millions or tens of millions of dollars of tax exposure. Scott: Absolutely. That. That is potentially it. So I have never seen a case where, when the IRS reviews these things, where the incremental fee, you know, that the client, you know, would have paid is more than the, you know, the exposure that they have to the irs. It's always, you know, a multiple of that. So that, you know, the easy way to say it is there's huge downside here. And a lot of times, if it's a big estate and, you know, and there's some thorny issues involved, it makes much more sense to go ahead and get these things done right the first time. Dave: Okay. And, I mean, I. I know a lot of attorneys and some of the estate planning attorneys I know just getting ready for this call, I'd asked them, like, what are some of their frustrations with valuations? And one of the things they said is just re. Is responsiveness. They said, there are some firms out there. They said, you know, we're kind of under the gun. We brought the valuation person in too late, and they need three months to do this valuation. And, you know, sometimes it's a part of a large bureaucratic organization, and it's just, you know, there's just that. And my sense is that you all, being a boutique firm, focused purely on this, I'm guessing you have service options where you can turn things around more responsively than, you know, months. Is that true? Scott: Yeah, that is absolutely, Dave. You know, our standard Turnaround is usually 30 to 45 days. Oh, wow. Dave: Okay. Scott: You know, for an estate trust or gift valuation. And we, you know, we don't. As part of our standard package, we don't offer it quicker than that. We can deliver sooner than that. But of course, it's going to be an additional fee if you wait till the last minute. Yeah. Dave: You're paying overtime for your team and Scott: all somebody's got to sleep less when we do this thing and somebody has to sleep less. Dave: And, and that's what they're paying for. Scott: They're paying for those hours of sleep that they missed. But, but you know, Dave, I put together for, for some of my referral partners, I put together a list of 11 or 12 questions that, that they should ask or that they should think about when they're looking for a valuation professional. And this is one of them. You know, you know, one of the questions is do you have the, do you have evaluation credentials? Some of those are easy, but you know, another question is what's your turnaround time on these things? And, and if they say, oh, it's, you know, 60 days, 90 days, we don't know. Those are all signs that either they don't know what they're doing and you know, it's a crapshoot as to how long it's going to take them or they're busy. The valuation is not really their primary line of business. Oftentimes it's happened with CPA firms. Tax, tax or audit is their primary focus. Yeah, maybe the two or three folks that do business valuation part time are slammed with tax deadlines. And so, yeah, so if you call Dave: them in late January, good luck in getting anything done before May. Scott: I have this happen all the time where clients, you know, they don't get any responsiveness during tax season because they, their CPA or you know, a well known firm here in town who may have evaluation person or two that do this stuff. They can't get to it because their primary focus is tax or audit. And even worse is when the clients have questions about evaluation that their CPA firm valuation department did and they can't get anybody to call them back because they're slammed with deadlines. So just, it's another good reason why, you know, I encourage clients or referral partners to ask about those things on the front end. You know, what's your turnaround time? And you know, do you have a guaranteed turnaround time? Do you have, do you offer audit defense if you don't, why, you know, with the big firms, with the, you know, the large regional or national firms, the reason they don't is because they don't have to. They can afford to charge you whatever they want. Dave: Sure. Scott: But you know, but attorneys should ask those questions up front when they're interviewing potential valuation professionals. Ask those questions and you know, get answers on those things beforehand so that you're not, you know, three months later waiting to get that information. Dave: And yeah, it really sounds like you really could be a great resource for estate attorneys. You know, have you ever thought about writing a book or something geared. Sorry, I should have waited for you to finish your drinking coffee. Have you ever thought about writing a book like, geared specifically toward estate planning attorneys on some things they might need to know about valuation in the estate, trust and gift valuation world? Have you even thought about it, Scott? Scott: You know, we should have done the Tonight show together. You could be Ed McMahon and I could be Johnny Carson or Vice, but. Yeah, you're kind enough to bring that up, Dave. Actually, I have just recently written a book. It's actually in print now. I just. I just yesterday, probably two or three weeks away from having copies in my hand. And the name of the book is Business Valuation A Plain English Guide for Texas Attorneys. Oh, wow. Dave: Okay. Scott: It's exactly what it sounds like. It's written in plain English. There's no technical jargon, no acronyms, no mathematical formulas or anything else. What we did was, you know, we wrote a book that. That answers the questions that attorneys have most often. Do I need evaluation? Does it need to be certified? What are the landmines I should look out for? Is there certain terms that I need to understand in order to be conversant in this? That's what we've done. We've written a book. I go around meeting attorneys on a regular basis, as we do, networking, like we all do, and meet them oftentimes in a coffee shop. I call those coffee shop conversations, where it's just a casual conversation with an attorney, and he may. He or she may bring up a. An issue, you know, a specific issue they have with a client or something, and we can just. It's just a casual conversation. And that's what I want this book to be, is I want it to be like a coffee shop conversation where we can just. We can talk about, you know, the basic questions that they need to know. They don't need to know how to do a DCF calculation or a capitalization of earnings. They don't need to worry about what multiples are or anything else they need to know. They just need to have their basic questions answered so they can advise that client properly. Do we need to get an expert involved or do we not? And that's what we've done with this book, and I'm very excited about it and looking forward to. Dave: Yeah. So by the time this episode goes live, I expect your book will be out. And, you know, it's funny, in my niche tax arena of the IC Disc. I always tell our clients and advisors because they always kind of get overwhelmed with the details and the nuances, and they're trying to make sure they remember it. And every year, the same controller has the same question year after year, and they feel bad about it because, like, Dave, I know I asked you about this last year, and I'm asking you again, and I always tell them, I say, hey, look, I deal with this 365 days a year. You deal with it one day a year. And I. And in fact, I just had this call with a client yesterday, and I said, kayla, all you need to know about the IC disc is my phone number. And I'd argue that's all the attorneys need to know. They just need Scott's phone number, because all the other pieces you can take care of. Scott: Absolutely, Absolutely. And that's, you know, that's why I wrote the book, was just to. To be able to be a simple guide, you know, for attorneys to say, what do I do next? What are the questions that I need to. That I've got, and what do I need to do next? Dave: And. Scott: And you're right. Ideally, let me worry about the details, and I can take them through those details and as much, you know, take as much time as they would like. But ultimately, usually when I deal with attorney referral partners, they're just looking for that. That basic guidance. What do we need to do here? What should I look out for? Those types of things. So it's the approach you take with your clients? Yeah. No. Dave: So even though the book is really geared toward the attorney, if you. If the attorney had a client who was, you know, like, say, an engineer, you tend to be detail oriented and is really pushing back. And they say, well, my research says I should be able to get a 70% discount on this. Now, would the book be written in simple enough terms? That attorney could give a copy to a client who's detail oriented to at least cause the client to say, okay, all right, I get it. It's more complicated than I thought. So do you think it's plain language enough for a business owner or somebody, A client of a c. Of an estate attorney? Scott: Yes. The short answer is yes, Dave. I wrote it specifically for attorneys because those are the folks that I talk to the most often, and they're the primary referral partners, the primary point of contact I have when valuation issues come up for a client. But, you know, this book, you know, it would be very helpful for attorneys, CPAs, wealth planners, or the top folks that would find this thing Interesting. And. And it really is written in simple, easy to understand terms. And it covers some of the primary reasons why they might need evaluation. Things like M and A, estate and trust, divorce, business disputes, or IP valuations. And it gives just the basic questions that they need to understand to be conversant enough to know what they need to do next. And I give some very simple but practical examples for most of the issues. Most of the questions that I answer in there, I give simple examples. Here's an example of how this works or how it worked in the past with a client so that they can quickly and easily consume the things that they need to figure out. What are the next steps here? So there. No, no CPA is going to sit down with this book and say, okay, this is going to teach me everything I need to know to do evaluation. It's not meant for those folks. There's plenty of those out there that are written by people, you know, that have every detail in it. Dave: Yeah, textbook type. Scott: Exactly. This is really meant to be just a reference guide, a place to, to guide you so that you can figure out the next steps. Dave: Okay, well, hey. Well, Scott, I think this has been your second time on the podcast. It's been even more fun the second time. As we wrap up here, is there anything I didn't ask you that you wish I had? Scott: I wish you would ask me about my dog, Buddy, my office mate here, but otherwise, I, you know, I. There's nothing that really comes to mind that I could think of, honestly. I think we had a really good discussion about these issues. And, you know, the main thing I would leave you with and your audience with is I enjoy, you know, talking about this. This is, like you said, this is what I do seven days a week. And anytime that somebody has a question about evaluation, especially the state trust and gift valuations, I'm always happy. It's easy to find my contact information on LinkedIn and I'm always happy to have a conversation and, and if I can't help, you know, the person, then I can always point them in the right direction. Happy to be a resource for you, for your clients, for anybody who's got a question. Happy to do that. Dave: And just curious, do you, like, charge for a preliminary conversation like that? Scott: We never charge until the. And unless the client decides to engage us to do the work. So all my conversations are free up front. And, and that's, you know, that's just the way that we do business is we can give you honest information and have that, that, you know, simple conversation with you up front so that you're armed with what you need to make that, well, awesome. Dave: Well, Scott, this has been a lot of fun. Best of luck in the release of your book. I'm looking forward to getting a copy of it. Scott: Thank you, Dave. It's been a pleasure to be on with you again. I appreciate the opportunity. Dave: All right. Hey, you have a great day, buddy. Scott: Thanks.Special Guest: Scott Abels.

How does a company come back from an existential crisis and become one of the strongest brands in the world again? In this episode of the LEITWOLF® Podcast, Stefan talks about one of the most impressive turnarounds in business history: the LEGO case. A brand many of us have known since childhood was on the brink of collapse in the early 2000s. Too many products, too much complexity, rising costs, and a lost focus on what customers truly wanted pushed LEGO into a serious crisis. Stefan shares the leadership lessons behind this comeback: why more initiatives do not automatically lead to more success, why reducing costs and driving growth can happen at the same time, and why great leadership does not mean having all the answers yourself. For LEGO, the key was a return to its core brand, radical simplification, and leadership that started listening again: to customers, employees, and retail partners. An episode about crisis, focus, and clarity – and about why great comebacks rarely begin with more complexity, but with consistent leadership. ––– Do you like the LEITWOLF® Leadership podcast? Then please rate it with a star rating and review it on iTunes or/and Spotify. This will help us to further improve this LEITWOLF® podcast and make it more visible. ––– Book your access to the LEITWOLF® Academy NOW: https://stefan-homeister-leadership.com/link/leitwolf-academy-en Would you like solid tips or support on how to implement good leadership in your company? Then please get in touch with Stefan via mail: homeister@stefan-homeister-leadership.com Or arrange a free phone call here: https://stefan-homeister-leadership.com/link/calendly-en // LINKEDIN: https://stefan-homeister-leadership.com/link/linkedin // WEBSITE: https://stefan-homeister-leadership.com ® 2017 STEFAN HOMEISTER LEITWOLF® ALL RIGHTS RESERVE ___ LEITWOLF Podcast, Leadership, Management, Stefan Homeister, Podcast, Business Leadership, Successful Leadership, Organizational Management, Leadership Skills, Leadership Development, Team Management, Self-leadership, Leadership Coaching, Leadership Training, Career Development, Leadership Personality, Success Strategies, Organizational Culture, Motivation and Leadership, Leadership Tips, Leadership Insights, Change Management, Visionary Leadership, Leadership Interviews, Successful Managers, Entrepreneurial Tips, Leadership Best Practices, Leadership Perspectives, Business Coaching

Episode 304 reunites The Analysts — Remarkable Retail's celebrated panel of Forrester's Sucharita Kodali, Guggenheim's Simeon Siegel, and GlobalData's Neil Saunders — to take stock of retail coming out of earnings season. Steve Dennis and Michael LeBlanc open on the paradox of 2026: results are largely strong, sentiment is dismal. Simeon argues the link between the two is "tenuous at best" — people talk one way and spend another. Neil has the data: roughly 60% of shoppers who expect the economy to worsen still spent more than a year ago, propped up by spring tax refunds that won't repeat. Then the K-shaped economy. Higher-income households drive most of the real volume growth; middle-income shoppers prop up value growth mainly because prices are higher. Sucharita revisits "peak ambiguity" and the "vibe session," noting record sales barely outrun stubborn inflation. The panel unpacks the standouts — Ross's 17% comp, Victoria's Secret up 15% — and debates GLP-1's role in surging apparel and beauty: wardrobe replacement, new confidence, trading up to statement pieces. On turnarounds, Simeon lands the episode's sharpest thesis: brands "ubiquitize" and peak around $3–4 billion in the US. Lululemon got too big, over-distributed, and over-earning — so the bad sales have to "walk out the door" before the brand can re-elevate, the same lens that frames Nike's long reset. He and Sucharita draw the Gap parallel ahead of Simeon's on-stage interview with Mickey Drexler, noting Old Navy now dwarfs Gap itself. Neil makes the case for Macy's under Tony Spring — basics fixed first, satisfaction and visitation improving — while Steve stays skeptical of the pace. Next, the DTC reckoning. Simeon reframes his old "DTC is not all it's cracked up to be" call as "anti-anti-wholesale": outside high-margin luxury, nearly every brand needs a healthy wholesale business — and stores remain the best channel because "the customer is your employee." Sucharita pushes back on the AI narrative, reminding everyone it's far more than generative hype, as the panel digs into why scaled players — Amazon, Walmart, Costco, off-price — keep compounding through retail media, marketplaces, and flywheel economics. It closes on the wealth effect, trillion-dollar market caps, and whether a market correction could rattle high-end spending — then rapid-fire hot takes: brands to watch (Cozey, Ross Stores, Goyard) and what's on each analyst's radar, from inflation and surging oil prices to a quiet "middle of the doughnut" news lull and an election year's hunt for stability. Join us at the CommerceNext Growth Show in New York June 23rd and 24th with this exclusive discount code for 10% off general admission tickets and FREE retail tickets: Your code is "REMARKABLE" . See you in the Big Apple! About UsSteve Dennis is a strategic advisor and keynote speaker focused on growth and innovation, who has also been named one of the world's top retail influencers. He is the bestselling author of two books: Leaders Leap: Transforming Your Company at the Speed of Disruption and Remarkable Retail: How To Win & Keep Customers in the Age of Disruption. Steve regularly shares his insights in his role as a Forbes senior retail contributor and on social media.Michael LeBlanc is a senior retail advisor, keynote speaker and media entrepreneur. Michael has delivered keynotes, hosted fire-side discussions hosted senior retail executive on-stage in 1:1 interviews worldwide. Michael produces and hosts a network of leading retail trade podcasts, including The Remarkable Retail Podcast, The Voice of Retail The Food Professor, The FEED powered by Loblaw and the Global eCommerce Leaders podcast. He has been recognized by the NRF as a global Top Retail Voice for 2025 and 2025 and continues to be a ReThink Retail Top Retail Expert for the fifth year in a row.

Mike Mulligan and David Haugh discuss what's the big reason for the Chicago White Sox turnaround

Rochester Fire Chief Stefano Napolitano has spent nearly four decades in the fire service, leading with a mindset rooted in purpose, empathy, and an unwavering commitment to serving others in their most critical moments. From growing up as the son of immigrant parents who sacrificed everything to provide a better life, to leading Rochester Fire in one of the most diverse cities in New York, his leadership has been shaped by resilience, humility, and a deep understanding of people. That upbringing continues to influence how he leads today, with a focus on empathy, work ethic, and putting others before yourself. In this episode of The Chief Exchange, Chief Napolitano shares what it truly means to be at your best when others are at their worst, and why leadership is demonstrated through actions, not titles. We discuss how his experience running his own business shaped his obsession with customer service, why most leaders still have room to improve in how they serve others, and the small, intentional actions that make people feel valued. He breaks down the balance between being respected and being liked, the importance of mentorship from both sides of the relationship, and how to build a culture that drives retention by making people feel seen and appreciated. We also dive into lessons on patience, enjoying the journey rather than rushing to the destination, and even touch on modern communication habits like responsiveness and read receipts on text messages. From turnaround leadership to leading with empathy in a diverse community, this conversation is about perspective, growth, and lifting others as you climb.

This week on the show, we're celebrating a historic comeback by the Giants, and we're talking to the man who was there to witness it all - Mike Krukow. But it's not just about the game; we're also diving into the personal side of this beloved baseball personality. Mike Krukow joins us to share his thoughts on the epic walk-off Grand Slam by Bryce Eldridge, and how it's impacted the team's season. We also discuss the impressive turnaround of Matt Chapman, who's been dealing with criticism early on this season, but is now on a hot streak. And, we're talking about the bullpen's struggles, including the importance of not walking batters. But it's not all about baseball - we're also catching up on Mike's personal life, including his son's graduation and upcoming trip to Ireland. Mike's passion for the game is infectious, and his insights are always entertaining. He shares stories about the team's historic comeback, and how it's brought the fans together. We're also talking about the importance of trust and confidence in the bullpen, and how it's a key factor in their success. And, we're getting a glimpse into Mike's personal life, including his family's love of music and their upcoming trip to Ireland.See omnystudio.com/listener for privacy information.

This week on the show, we're celebrating a historic comeback by the Giants, and we're talking to the man who was there to witness it all - Mike Krukow. But it's not just about the game; we're also diving into the personal side of this beloved baseball personality. Mike Krukow joins us to share his thoughts on the epic walk-off Grand Slam by Bryce Eldridge, and how it's impacted the team's season. We also discuss the impressive turnaround of Matt Chapman, who's been dealing with criticism early on this season, but is now on a hot streak. And, we're talking about the bullpen's struggles, including the importance of not walking batters. But it's not all about baseball - we're also catching up on Mike's personal life, including his son's graduation and upcoming trip to Ireland. Mike's passion for the game is infectious, and his insights are always entertaining. He shares stories about the team's historic comeback, and how it's brought the fans together. We're also talking about the importance of trust and confidence in the bullpen, and how it's a key factor in their success. And, we're getting a glimpse into Mike's personal life, including his family's love of music and their upcoming trip to Ireland.See omnystudio.com/listener for privacy information.

Aktien hören ist gut. Aktien kaufen ist besser. Bei unserem Partner Scalable Capital geht's unbegrenzt per Trading-Flatrate und auf der hauseigenen European Investor Exchange, die genau auf Privatanleger zugeschnitten ist. Alle weiteren Infos gibt's hier: scalable.capital/oaws. Oracle verliert 10% nach hohen Rechenzentrumskosten. KKR gründet mit NVIDIA neue Rechenzentrumsfirma. Samsung verhandelt mit Google über Chipproduktion. Hugo Boss hat Angebot. Jeff Bezos hat Startup. SpaceX hat Nachfrage. EZB hat höheren Zins. Coloplast (WKN: A1KAGC) war jahrelang ein Dauerläufer. Dann kam ein teurer Zukauf, ein Erstattungswechsel in den USA und ein Kursverlust von 70%. Jetzt lockt ein KGV von 15. Turnaround oder fallendes Messer? Fastenal (WKN: 887891) kommt mit Schrauben auf 50 Mrd. $ Börsenwert. Seit 1987 im Schnitt 22% Rendite pro Jahr. Besser als Berkshire Hathaway. Was machen sie anders als Würth? Mehr zu Würth im Carrytale-Podcast: https://open.spotify.com/show/7vtyXbsQUzRp2kPDWyryVC?si=Me-13K4KRraLDuenawfSqw&nd=1&dlsi=42a248ad68fc413c Diesen Podcast vom 12.06.2026, 3:00 Uhr stellt dir die Podstars GmbH (Noah Leidinger) zur Verfügung. Learn more about your ad choices. Visit megaphone.fm/adchoices

Hour 2: The Sports Leader's latest episode is a must-listen for any baseball fan. This week, Murph & Markus is joined by Giants President and CEO Larry Baer, and the conversation is filled with excitement and insight into the team's recent comeback win. From the historic walk-off grand slam by 21-year-old Bryce Eldridge to the team's future prospects, this episode has it all. The Giants' epic comeback win is a topic of discussion, with Larry Baer sharing his thoughts on the team's performance and the impact of the walk-off grand slam. The conversation also touches on the team's recent struggles and the efforts being made to turn things around. Additionally, the episode delves into the business side of the team, including the upcoming draft and the potential for a dramatic pick. One of the highlights of the episode is the discussion around the "tarp off" phenomenon, where fans take off their shirts to create a fun and energetic atmosphere at the ballpark. Larry Baer shares the origins of this movement and how it's been adopted by other teams. The episode also touches on the team's recent investments, including the extension of Matt Chapman and the signing of Jung Hu Lee. PLUS, The BIG HIT as Murph & Markus discuss the most EPIC day for sports comebacks with the Giants and Knicks.See omnystudio.com/listener for privacy information.

Hour 2: The Sports Leader's latest episode is a must-listen for any baseball fan. This week, Murph & Markus is joined by Giants President and CEO Larry Baer, and the conversation is filled with excitement and insight into the team's recent comeback win. From the historic walk-off grand slam by 21-year-old Bryce Eldridge to the team's future prospects, this episode has it all. The Giants' epic comeback win is a topic of discussion, with Larry Baer sharing his thoughts on the team's performance and the impact of the walk-off grand slam. The conversation also touches on the team's recent struggles and the efforts being made to turn things around. Additionally, the episode delves into the business side of the team, including the upcoming draft and the potential for a dramatic pick. One of the highlights of the episode is the discussion around the "tarp off" phenomenon, where fans take off their shirts to create a fun and energetic atmosphere at the ballpark. Larry Baer shares the origins of this movement and how it's been adopted by other teams. The episode also touches on the team's recent investments, including the extension of Matt Chapman and the signing of Jung Hu Lee. PLUS, The BIG HIT as Murph & Markus discuss the most EPIC day for sports comebacks with the Giants and Knicks.See omnystudio.com/listener for privacy information.

Join Ryan and Jason as they explore the art of coaching athletes through quick turnarounds, mental resilience, and strategic recovery. They share insights on managing fatigue, mindset, and performance in high-stakes competitions, along with personal anecdotes and movie banter.   key topics Fatigue management in short cycles Mental recovery and mindset strategies Execution vs capacity in performance Importance of rest and psychological prep Strategies for online qualifiers and quick turnarounds Mastering Quick Turnarounds: Strategies for Coaches and Athletes The Art of Mental Resilience in High-Performance Sports Sound Bites "Zero script, zero script." "Managing fatigue in short cycles is tough." "Refocusing after a tough workout is crucial." Chapters 00:00Unscripted Intros and Movie Talk 10:28Athlete Recovery and Quick Turnarounds 10:57Mental Resilience in Athletes 16:24Coaching Strategies for Quick Turnarounds 20:53Managing Competition Stress and Recovery 26:28Preparing for Upcoming Challenges

Dan Wiederer and Mark Grote discuss Bears defensive end Montez Sweat's performance in 2025. Head coach Ben Johnson thought it was the best year of Sweat's career. Meanwhile, Sweat gave Johnson credit for the Bears' success in 2025.

Wie schafft es ein Unternehmen, aus einer existenziellen Krise wieder zu einer der stärksten Marken der Welt zu werden? In dieser Folge des LEITWOLF® Podcasts spricht Stefan über einen der beeindruckendsten Turnarounds der Wirtschaftsgeschichte: den LEGO-Case. Eine Marke, die viele seit der Kindheit kennen, stand Anfang der 2000er kurz vor dem Zusammenbruch. Zu viele Produkte, zu hohe Komplexität, steigende Kosten und ein verlorener Fokus auf das, was Kund:innen wirklich wollten, brachten LEGO an den Rand der Krise. Stefan zeigt, welche Führungslektionen in diesem Comeback stecken: Warum mehr Initiativen nicht automatisch mehr Erfolg bedeuten, weshalb Kosten senken und Wachstum steigern gleichzeitig möglich sein können und warum gute Führung nicht darin besteht, alle Antworten selbst zu haben. Entscheidend war bei LEGO die Rückkehr zum Markenkern, radikale Vereinfachung und eine Führung, die wieder genau hinhörte: bei Kund:innen, Mitarbeitenden und Handelspartnern. Eine Folge über Krise, Fokus und Klarheit – und darüber, warum große Comebacks selten mit mehr Komplexität beginnen, sondern mit konsequenter Führung. ––– Nimm gerne an dieser anonymen Umfrage teil, damit wir diesen Podcast für Dich optimieren können: https://forms.gle/WTqCeutVXV2PsjBH9 Gefällt Dir dieser LEITWOLF® Leadership Podcast? Dann abonniere den Podcast und beurteile ihn bitte mit einer Sternebewertung und Rezension bei iTunes und/oder Spotify. Das hilft uns, diesen LEITWOLF® Podcast weiter zu verbessern und sichtbarer zu machen. ––– Buche Dir JETZT Deinen Zugang zur LEITWOLF® Academy: https://stefan-homeister-leadership.com/link/leitwolf-academy Möchtest Du konkrete Tipps oder Unterstützung, wie gutes Führen in Deinem Unternehmen definiert und umgesetzt werden kann, dann schreibe Stefan eine Mail an: homeister@stefan-homeister-leadership.com ODER Vereinbare hier direkt ein kostenloses Beratungsgespräch mit Stefan: https://stefan-homeister-leadership.com/link/calendly // LINKEDIN: https://stefan-homeister-leadership.com/link/linkedin // WEBSITE: https://stefan-homeister-leadership.com ® 2017 STEFAN HOMEISTER LEITWOLF® ALL RIGHTS RESERVED ____ LEITWOLF Podcast, Leadership, Führung, Management, Stefan Homeister, Podcast, Business Leadership, Erfolgreich führen, Unternehmensführung, Führungskompetenz, Leadership Development, Teammanagement, Leadership Skills, Selbstführung, Leadership Coaching, Leadership Training, Karriereentwicklung, Führungspersönlichkeit, Erfolgsstrategien, Unternehmenskultur, Motivation und Leadership, Leadership-Tipps, Leadership Insights, Change Management, Visionäre Führung, Leadership Interviews, Erfolgreiche Manager, Unternehmer-Tipps, Leadership-Best Practices, Leadership-Perspektiven, Business-Coaching

Neura Robotics, Asics, Onitsuka Tiger, Citigroup and Gold. Nike's turnaround faces fresh scrutiny after a 45% stock slump, with insights from Lily Meier's Bloomberg feature on the challenges confronting the sportswear giant. Oracle beats earnings expectations, but investors send shares lower amid concerns about a planned US$20 billion capital raise. We examine the latest AI-led sell-off on Wall Street, BYD's bold ambition to become the world's largest automaker, and why Nvidia and Amazon are backing the next generation of humanoid robots. Plus, Citigroup gets a political boost, Onitsuka Tiger prepares to stand on its own, and investors confront a difficult question: has gold's bull market finally come to an end? Hosted by Michelle Martin.See omnystudio.com/listener for privacy information.

For the second week in a row, PMQs comes in light of a disturbing instance of violent crime. Last week, ministers were recoiling at the shocking bodycam footage from Henry Novak's murder, and this week comes in the context of a knife attack by a Sudanese asylum seeker in Belfast.Kemi Badenoch was impressive again, not just in condemning the Belfast violence but also pressing the PM on the much-delayed defence investment plan. She seems to have completed a remarkable turnaround in her fortunes: she's polling well, looks much more assured and is taking the fight to Labour and Reform. As she starts to win over the party and the commentariat, can she win over the country?Oscar Edmondson speaks to Tim Shipman and Isabel Hardman.Produced by Oscar Edmondson.To hear Tim's interview with Kemi, go to spectator.com/kemiBecome a Spectator subscriber today to access this podcast without adverts. Go to spectator.co.uk/adfree to find out more.For more Spectator podcasts, go to spectator.co.uk/podcasts.Contact us: podcast@spectator.co.uk Hosted on Acast. See acast.com/privacy for more information.

Eight years ago, Chad Weiden walked into one of South Carolina's most underperforming elementary schools — a campus so low-rated that the state took it over, failed to fix it, and handed it back to the district. He just turned it into a good school. The strategy for school turnaround he used wasn't a new curriculum, a fresh initiative, or a culture retreat. It was building beacons of excellence on every team and coaching teachers in real time, in the moment, while students were in the room. Weiden spent nearly three decades building and leading schools across Chicago and South Carolina, including turning around Meeting Street Burns Pre-K through second grade from "unsatisfactory" to "good" on the state report card — in one of the most underserved communities in the state. He's a principal who understands that every child can learn and that the system, not the child, is what needs fixing. Find him on LinkedIn to follow his work. School turnaround is one of the most searched and least understood challenges in school leadership. Most principals know they need to fix culture — what they don't know is which two or three instructional moves actually move the needle. This episode answers that question directly, from a principal who lived it in real time in a school the system had already given up on.

On the Contacts Coaching podcast, host Justin Clymo welcomes back Cal State East Bay men's basketball coach Bryan Rooney to unpack the program's dramatic turnaround from 11–17 to an undefeated run until a loss in the Elite Eight, finishing at 33-1. Rooney credits player commitment, continuity, the team mantra “just get better,” and this season's theme “burn the boats,” emphasizing role definition, accountability, and dominating roles across both players and staff. He explains how relationships, habits, staying present, and not reinventing the wheel helped sustain success under pressure, shares moments showing player-led ownership and deep teammate care, and describes weekly one-on-one meetings as a nonnegotiable culture builder. Rooney also discusses empowering assistants, adapting tactically (including sending five to the boards), navigating recruiting and the transfer portal case-by-case, the importance of administrative alignment, and guarding culture by prioritizing character fit.00:00 Welcome Back Coach Rooney00:27 Quick Coaching Background01:16 From 11 Wins to Elite Eight02:33 Burn the Boats Mindset04:16 Pressure Proof Habits06:51 Team First Chemistry09:07 Family Moments and Loss11:30 Weekly Meetings and Trust13:53 Making Roles Matter17:24 Keeping the Fringe Ready20:27 Player Led Turning Points23:33 Empowering the Staff26:51 Trust and Effort Standards28:46 Staying Present in Success29:49 Next Game Focus30:20 Control The Controllables31:27 Transfer Portal Reality37:16 One Year Journeys40:20 Alignment And Innovation43:37 Turnaround Lessons47:24 Raising The Ceiling48:43 Protecting Culture50:16 Authentic Gratitude52:47 Closing Thoughts

Aram and Jack whip around the headlines in Major League Baseball, starting off with the chaotic 15-14 Brewers win over the A's in Las Vegas on Monday night. Las Vegas Launchpad: 0:00 Tarik Skubal Rehab: 13:00 Jung Hoo Lee: 21:00 Josh Jung/TEX Turnaround: 30:00 Brandon Marsh/PHI Turnaround: 40:00 NL Central Update: 48:00 All the Important Links! Join our Just Baseball Discord Just Baseball Merch! Subscribe to Our New Newsletter! Use Code "JUSTBASEBALL" when signing up on BetMGMSee omnystudio.com/listener for privacy information.

We saw grains stabilize after heavy liquidation as bargain buying emerged, while cattle rebounded sharply from support levels and outside markets remained under pressure.

Nobody sent you a memo. But the baseline for what "good" looks like in your business quietly shifted and it happened fast. Clients who were happy with a recap email now expect a structured summary with action items within 24 hours. Turnaround times that felt reasonable 18 months ago are starting to feel slow. This isn't because your clients got harder. It's because AI changed the reference point for everyone. And the obvious response, automate everything, is exactly the wrong move. In this solo episode, George breaks down what's actually happening as AI reshapes client expectations across service businesses, coaching, consulting, and beyond. He shares where the shift is showing up, the trap most entrepreneurs fall into, and the three questions every business owner needs to sit with right now. What You'll Learn In This Episode: The three ways AI is shifting client expectations right now: speed, structure, and personalization Why over-automating is the trap and how to spot if you've already fallen into it How George uses AI tools (Read AI, Plod, Claude) to free up capacity without losing humanity The difference between using AI to replace relationships vs. using it to protect them Three diagnostic questions to audit your delivery, your AI use, and your human presence Why the most intentionally human business, not the most automated, wins in this market Key Takeaways: ✔️The floor of what "good" looks like in business has moved. If your delivery standards haven't been revisited in 18 months, they're worth a hard look. ✔️Clients aren't being unreasonable. Their frame of reference has changed because AI changed it, whether they're using the tools themselves or just experiencing them through others. ✔️The trap: hearing "AI is changing expectations" and immediately thinking "I need to automate more." That instinct, unchecked, trades the one thing your business is built on, relationship. ✔️AI should free up your capacity so you can be more human, not less. Use it for structure, summaries, and administration. Protect the moments that require you. ✔️If your client can feel the AI, if something feels off, less personal, less invested, you have a hole in the bottom of your bucket. ✔️Efficiency is not the goal. A better client experience is the goal. Sometimes those are the same. Sometimes they're drastically different. ✔️The market is not going back. Expectations will keep moving. The businesses that win are the ones that stay intentionally human while letting AI handle the repeatable work underneath them. ✔️You don't have the business you want because you haven't become the person to run it. No AI tool changes that. The human part will always be the most important part. Timestamps & Highlights: [00:00] — The baseline shift nobody told you about [01:07] — What's actually changed: speed, structure, and personalization in client expectations [03:30] — Why clients aren't being demanding, their reference point just moved [05:30] — The trap: over-automating and what it costs in a relationship-based business [08:00] — How George uses Read AI to capture open loops and improve post-call delivery [11:00] — Plod: the device on his phone capturing every in-person conversation [13:30] — How AI is changing the shape of coaching sessions and what clients get after them [16:00] — The human moments no tool should ever touch and how to protect them [19:00] — Three diagnostic questions to audit your delivery, AI use, and human presence [22:00] — Where do you need to show up more human, not more efficient? [24:00] — The opportunity framing: AI as the thing that frees you to be more present Your Challenge This Week: If you're figuring out where AI fits in your business without losing what makes it yours, reach out. George is actively coaching clients through this right now. DM him on Instagram, send an email, or text if you have his number. And if you have a podcast topic you want him to cover, send that too. Follow George: @itsgeorgebryant | mindofgeorge.com Work with George: The Alliance — Community for entrepreneurs building businesses that are intentionally human in an AI-driven world.  1:1 Coaching — Limited spots. If you want help designing how AI fits your business without trading your relationships, apply at mindofgeorge.com.  Live Retreats — In-person experiences for entrepreneurs ready to stop reacting and start leading. Follow for upcoming dates.

NEVILLE GODDARD COURSE: Law of Assumption Mastery  LAW OF ATTRACTION COURSE: Law of Attraction Mastery  PRIVATE 1:1 COACHING W/ JOSH: joshuatongol.com/coaching

They are counting the votes in California, and suddenly, Republicans are losing, Does anyone else think something stinks there?See omnystudio.com/listener for privacy information.

Stephen Grootes speaks to George Glynos, Director and Head of Research at ETM Analytics, about Fitch’s upgrade of South Africa’s credit rating, its first in almost 21 years, driven by stronger fiscal discipline, improving revenue collection and lower‑than‑expected debt projections that point to stabilising government finances. In other interviews, PPC CEO Matias Cardarelli talks about the cement producer’s strong financial performance and the progress of its ambitious turnaround strategy. PPC reported a 75% jump in earnings per share, a significant increase in profitability and a sharp improvement in cash generation, driven largely by the performance of its South African cement business. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.    Thank you for listening to a podcast from The Money Show Listen live Primedia+ weekdays from 18:00 and 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc The Money Show is brought to you by Absa     Follow us on social media   702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/CapeTalk 702 on YouTube: https://www.youtube.com/@radio702   CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/Radio702 CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.

They are counting the votes in California, and suddenly, Republicans are losing, Does anyone else think something stinks there?See omnystudio.com/listener for privacy information.

Liz Claman is in Beaverton, Oregon, at the Nike campus for "Just Do It Day" to meet with CEO Elliot Hill. With investor pressure mounting and the World Cup days away, Elliot describes his strategy to reverse the retail giant's trajectory. Elliot discusses moving past hyper-promotional online sales, reviving growth in the critical China market, and the highly anticipated upcoming signature sneaker lines.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

Investors look beyond semiconductors and ask whether the rest of the market can carry the rally forward. Charles Kantor of Neuberger weighs whether leadership can broaden beyond AI and chips and identifies where investors may find the next opportunities. Lululemon headlines earnings. Janine Stichter of BTIG reacts to the results. Other stories include Blackstone restricting withdrawals from a flagship fund, pressure on Netflix, and whether Bitcoin may finally be finding a bottom. Our Pippa Stevens reports on the spread of flesh-eating parasites from Texas while Elanco Animal Health CEO Jeffrey Simmons discusses the risks to agriculture and livestock. Our Leslie Picker examines Wall Street's growing obsession with SpaceX and what it means for private markets. The show also explores Coinbase's move into perpetual futures tied to pre-IPO companies. John Kolovos, Head of Technical Strategy at Macro Risk Advisors, breaks down market internals and explains what the charts are saying about the rally's durability. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Megan Saxelby is an early adolescent parent coach and founder of Wild Feelings. Jesse Thorn hosts Bullseye and The Turnaround. --- What do you find Weirdly Helpful? Call me at 844-935-2378 ⁠THE WEIRDLY HELPFUL MERCH STORE!!!!⁠ ⁠Become a WH Patron and listen to the show ad-free. ⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

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The Red Sox lose yet another game at Fenway Park to the Orioles // Isiah Kiner-Falefa blames Fenway struggles on "distractions at home" // Is this the lowest low point for the Red Sox this season? // Chad Tracy shares trying to make home games feel "smaller" //

Dollar General was a stock market darling for much of the 2010s, but fell on hard times a few years ago. Numerous value investors have been betting that “it's not that bad”, but that turnaround strategy has taken much longer than expected. Lou, Matt, and Tyler all look at the status of the Dollar General turnaround story and what does it take to invest successfully in turnarounds. Plus, thoughts on the Citron Research verdict and whether crowdfunded real estate opportunities are worth it. Tyler Crowe, Matt Frankel, and Lou Whiteman discuss: - Dollar General's earnings - Has Dollar General turned the corner? - Investing in turnaround stocks: What to look for? - Citron Research's Andrew Left found guilty of securities fraud - The value of short selling research - The “ickiness” of the short seller business model - Listener question: Are crowdfunded real estate funds worth it? What to look for? Companies discussed: DG, DLTR, RIG, GTX, SMPL Host: Tyler Crowe Guests: Matt Frankel, Lou Whiteman Engineer: Dan Boyd Disclosure: Advertisements are sponsored content and provided for informational purposes only. The Motley Fool and its affiliates (collectively, “TMF”) do not endorse, recommend, or verify the accuracy or completeness of the statements made within advertisements. TMF is not involved in the offer, sale, or solicitation of any securities advertised herein and makes no representations regarding the suitability, or risks associated with any investment opportunity presented. Investors should conduct their own due diligence and consult with legal, tax, and financial advisors before making any investment decisions. TMF assumes no responsibility for any losses or damages arising from this advertisement.We're committed to transparency: All personal opinions in advertisements from Fools are their own. The product advertised in this episode was loaned to TMF and was returned after a test period or the product advertised in this episode was purchased by TMF. Advertiser has paid for the sponsorship of this episode.Learn more about your ad choices. Visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

When the Toronto Blue Jays went on their incredible World Series run last season, there was plenty of hope that it was the start of what could be a dominant run by a stacked team. Fast forward to 2026, and Toronto finds itself in a bit of a sticky situation. Although, based on last year's success, all hope might not be lost just yet. On this episode of the Baseball Bar-B-Cast, Jordan Shusterman is joined by special guests Ben Nicholson-Smith and Shi Davidi to break down what has gone wrong this year for the reigning American League champions and whether injuries are the main reason for their sluggish first two months. Even though the Blue Jays might be nine games back in the AL East, they currently hold a Wild Card spot, and with players returning from the IL, it still could be a very exciting summer in Canada. Also on this episode, Jordan and Ben talk about the remarkable turnaround season the Chicago White Sox are having, which sees them sitting just one game back in the AL Central while also occupying a Wild Card spot. Instead of being sellers at the deadline, they could find themselves as buyers. However, with the injury to rookie sensation Munetaka Murakami, will the White Sox be able to tread water until he returns? The guys then discuss the Seattle Mariners' use of piggyback pitching, the New York Yankees continuing to impress and their thoughts on the latest power rankings. 2:37 - The Opener: White Sox roll on 19:54 - Nationals also offering a turnaround 35:01 - Issues plaguing the Blue Jays 51:30 - State of Toronto pitching and hitting 1:09:27 - Around the League: Mariners pitching strategy 1:21:38 - Power rankings thoughts Subscribe to Baseball Bar-B-Cast on your favorite podcast app:

A footwear analyst, money manager, and a pair of sneakerheads weigh in. And Jack isn't a fan of the new Flopper 3s. Learn more about your ad choices. Visit megaphone.fm/adchoices

Turns out that Red Sox momentum was too good to be true // Untangling the spider web of speculation with AJ Brown & the Patriots // Christian Gonzalez attempts to set the market for cornerbacks // Obsession makes history at the box office! //

ITB hosts Adam Caplan and Geoff Mosher finish a four-part podcast series centered on the Eagles' schedule in 2026, how they match up against specific opponents based on their offseason moves and the offseason moves made by their opponents.They get deep into schematics, coaching philosophies, depth and personnel formations! Part 4 focuses on Weeks 15, 16 and 17 (Seahawks, Texans, Niners).► Subscribe to our Patreon Channel for exclusive information not seen or heard anywhere else and become among smartest Birds fans out there (just ask our members!!) + get all of our shows commercial free and a lot more!!:https://www.patreon.com/insidethebirds►Support our sponsors!!► Camden Apothecary: https://camdenapothecary.com/►Eagles Fan Travel: Visit philadelphiaeagles.com/travelFollow the Hosts!► Follow our Podcast on Twitter: https://twitter.com/InsideBirds► Follow Geoff Mosher on Twitter: https://twitter.com/geoffpmosher► Follow Adam Caplan on Twitter: https://twitter.com/caplannflNFL insider veterans take an in-depth look that no other show can offer! Be sure to subscribe to stay up to date with the latest news, rumors, and discussions.► Sign up for our newsletter! • Visit http://eepurl.com/hZU4_n.For more, be sure to check out our official website: https://www.insidethebirds.com.

Today, we're revisiting a conversation from this years ICR conference, where we sat down with Mark Goldston, a respected turnaround executive, and the Executive Chairman of The Beachbody Company. Summary: When a once-successful business falls on hard times, it can sometimes be hard for them to diagnose and fix the problem from within. Today's guest has built a career out of helping these businesses turn things around, and he's doing it again with one of America's premiere fitness brands.Mark Goldston is the Executive Chairman of The Beachbody Company, which trades under the symbol BODI. Mark is one of the world's most respected turnaround executives, and has spent his career reviving some of the best known brands in the world, including Revlon, Reebok, and LA Gear to name a few. He is also a prolific inventor with 135 US and foreign patents to his name. Today, Mark walks us through the history of The Beachbody Company, the issues he identified within the business, and how he and his team are working to right the ship.  Highlights:Mark's Career (1:40)Symptoms of a struggling business (6:34)The Beachbody Company turnaround (10:12)Navigating a difficult retail environment (17:16)Brand Awareness (21:58)How GLP-1's are impacting the business (26:46)What are investors missing about Beachbody? (29:50) Links:Mark Goldston LinkedInThe Beachbody Company LinkedInThe Beachbody Company WebsiteICR LinkedInICR TwitterICR Website Feedback:If you have questions about the show, or have a topic in mind you'd like discussed in future episodes, email our producer, joe@lowerstreet.co.

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