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BIO: Rick is the Founder & CEO of ReachOut Technology, which just had its initial public offering. He appears on global media and speaks on stages across the United States as an inspirational speaker, cybersecurity expert, and mindset motivator. STORY: Rick wanted to bail out a struggling friend, so he offered to buy his business. Unfortunately, he didn't have a legal structure during the acquisition to include a non-compete clause. Six months later, his friend started another company and took back the clients Rick had acquired from the sale. LEARNING: Get the proper legal structure when buying a business. Refrain from letting emotion drive your decisions when investing. There's no such thing as a bad asset, just a bad price. “I think business partners can become friends, but I don't think friends can become business partners.”Rick Jordan Guest profilehttps://www.linkedin.com/in/mrrickjordan/ (Rick Jordan) is a magnetic personality who constantly appears on global media and speaks on stages across the United States as an inspirational speaker, cybersecurity expert, and mindset motivator. Rick is the Founder & CEO of https://reachoutit.com/ (ReachOut Technology), which just had its initial public offering. In his free time, Rick is the host of the popular podcast https://podcasts.apple.com/us/podcast/all-in-with-rick-jordan/id1450998120 (ALL IN with Rick Jordan). Worst investment everRick's longtime friend struggled in business, making about $150,000 in revenue annually before expenses. He requested Rick to take out a loan for him, but Rick felt this wasn't the best way to approach the problem because his friend wasn't in a position to afford to pay the loan. Instead, he advised him to sell his business and get into employment. Rick even offered to buy the company. His friend agreed to the proposal. Rick's first mistake when getting into this deal was overvaluing his friend's business. The second mistake was letting emotions drive his decision when he valued the company. Being his friend, there was an emotional attachment to Rick's decision. Rick believed he would take on his friend's client base and triple the revenue in no time. The excitement to get the ball rolling saw Rick make his third mistake. Rick didn't get solid business acquisition documentation in place. He just had a very simple contract to purchase the business assets. No absolute non-compete clause was listed within this document. As a result, six months later, his friend returned to business under a different name and took back all the customers Rick had acquired during the purchase. Lessons learnedBe careful when valuing a business. Get the proper legal structure when buying a business. Refrain from letting emotion drive your decisions when investing. Friends typically don't make good business partners or business associates. Andrew's takeawaysTo produce tangible evidence that you have a sustainable business, you need to get between $3 to $5 million in revenue. You need consistent growth in profits. To be successful in business, your number one goal should be to pay a dividend. There's no such thing as a bad asset, just a bad price. If you're a business manager, and you have an opportunity to help a friend, stop. Your obligation is to help your customers, employees, and shareholders. Actionable adviceRead https://amzn.to/3DjVJQS (The Wisdom of Walt: Leadership Lessons from the Happiest Place on Earth). The wisdom in this book will get you through many things. No.1 goal for the next 12 monthsRick's number one goal for the next 12 months is to get to $50 million in revenue. He also wants to continue pushing up as many acquisitions as possible to build value for his shareholders. Parting words “Just go all in. Anything that you decide to do, don't half-ass it. Go all in.”Rick Jordan [spp-transcript] Connect with Rick Jordanhttps://www.linkedin.com/in/mrrickjordan/ (LinkedIn)...
Jeffrey Barnes is an expert on all things Disney. He has behind-the-scenes knowledge and experience with this brand and understands it in a way few others do. Today he is joining us to share some of these behind-the-scene things. Disney really does things right. No matter what you're doing or which Disney location you're at, they provide a five-star experience every time. Whether you're in their parks, on their cruise ships, or staying at their hotels, you'll be blown away by their extraordinary service. Jeff believes that there are some amazing things this brand can teach us. The purpose of all of his classes, books, and keynotes is to challenge students, readers, and audiences to go all in and make one-way-ticket decisions just like Walt Disney did. If you want to learn how Disney's principles (especially those regarding hospitality) can be applied to your life, don't miss this episode. Jeff brings some amazing wisdom and life lessons to the table so tune in now. In this episode, you will hear: Jeff's background with Disney. What inspired him to create all of his resources. Why we need to embrace the conflict in our lives. What to do when things go wrong. The importance of having dreams and taking action on them. Jeff's favorite Disney story and what it means to him. How a life-threatening illness changed his life. Subscribe and Review Please share this podcast with your friends and family. Our beliefs really do drive our behavior and you are born for more. Have you subscribed to my podcast? If the answer is no, I'd love for you to subscribe. Live Life Rich is full of stories of business, some behind the scenes, and freaking amazing guests. If you're feeling really generous, I'd love for you to give me a review over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps me out a ton! Supporting Resources: The Wisdom of Walt: Leadership Lessons from the Happiest Place on Earth by Jeffrey Barnes: https://www.amazon.com/Wisdom-Walt-Leadership-Disneyland-Strategies-ebook/dp/B012F0UDWM Jeff's website: https://thewisdomofwalt.com/ Beyond the Wisdom of Walt: Life Lessons from the Most Magical Place on Earth by Jeffrey Barnes: https://www.amazon.com/Beyond-Wisdom-Walt-Lessons-Magical/dp/1944335838 https://marissanehlsen.com Facebook: https://www.facebook.com/marissa.nehlsen Instagram: https://www.instagram.com/marissanehlsen/ Standard of Living Budget Worksheet: https://marissanehlsen.com/standard/ Bulletproof Your Business: https://marissanehlsen.com/bulletproofyourbusiness/ 7 Steps to Financial Freedom: https://marissanehlsen.com/7steps/ The E Myth by Michael E. Gerber: https://www.amazon.com/Myth-Revisited-Small-Businesses-About/dp/0887307280 Get my free time management downloads: www.marissanehlsen.com/time *** Episode Credits If you like this podcast and are thinking of creating your own, consider talking to my producer, Danny Ozment. He helps thought leaders, influencers, executives, HR professionals, recruiters, lawyers, realtors, bloggers, coaches, and authors create, launch, and produce podcasts that grow their business and impact the world. Find out more at https://emeraldcitypro.com
Dr. Jeffrey A. Barnes is a #1 bestselling author & captivating keynote speaker that engages audiences with lessons learned from Walt Disney. Jeff uses the magical story of Walt Disney, Disneyland, and Walt Disney World to challenge audiences to think bigger, expand their expectations, and to never stop dreaming! One of his major keynote topics is on the power of resiliency and overcoming obstacles and adversity. Jeff shows audiences around the world how they can do the next right thing and start building their great, big, beautiful tomorrow. Jeff speaks to all types of groups, from CEOs to educators, challenging and teaching them and their teams to live their dreams, take action, and to create their own magic so that every day can be as magical as a day at Disneyland. Jeff is the best-selling author of two books: 'The Wisdom of Walt: Leadership Lessons from the Happiest Place on Earth' and 'Beyond the Wisdom of Walt: Life Lessons from the Most Magical Place on Earth'. Both books are based on the life of Walt Disney and the creation of the Disney theme parks. Known as Dr. Disneyland, Jeff attributes his passion for Disney to his love of history and Walt's story of success. Jeff believes the parks teach us some of life's greatest lessons. Jeff also works as a higher education administrator, university professor, and leadership and success coach. He has taught more than twenty different college courses, as well as writing and developing his dream course, the History of Disneyland, leading numerous teams in both campus growth and retention. Tune in for an inspiring story of a young boy who turned up at the doors of college with nothing, but 20$ in his pockets, went through Undergraduate, Masters, PhD degrees and became a Professor at several universities in California. In this episode, you will learn: 1. What makes 70% of Walt Disney clients keep coming back to the parks? 2. Every good story requires conflict, how to live the best story you could ever imagined 3. What was the biggest dragon Jeffrey had to slay on his journey as an author? 4. How far confidence and "nothing to lose" attitude can take you
It has always been important to me that I call it Walt Disney World. It became a pet peeve of mine when I would see blogs and social media posts referring to it as 'Disney World' - I always want to comment "don't forget WALT"! When I saw some top Disney executives call it 'Disney World' I started to doubt myself, is it really supposed to be Walt? Who could I ask to clear this up for me? The best person I knew to talk about the history of Walt would be Jeff Barnes! Jeff Barnes is is the best-selling author of The Wisdom of Walt: Leadership Lessons from the Happiest Place on Earth and Beyond the Wisdom of Walt: Life Lessons from the Most Magical Place on Earth. Known as Dr. Disneyland, he teaches the only accredited college course on the History of Disneyland. I think this makes him more than qualified to talk about this subject! It was a blast talking to Jeff and hearing the stories and history of Walt and Roy - and their journey to Walt Disney World Show Notes and References: Jeff Barnes Website: The Wisdom Of Walt Buy Jeff's Books: The Wisdom of Walt: Leadership Lessons from the Happiest Place on Earth Beyond the Wisdom of Walt: Life Lessons from the Most Magical Place on Earth Find Pixie Dust Fan Online: Website: www.PixieDustFan.com Facebook: www.facebook.com/PixieDustFan Instagram: www.instagram.com/PixieDustFan Join our Facebook group: Pixie Dust Fans Visit our Amazon store for items we talk about on any of the podcast episodes, or to support Pixie Dust Fan shop here
Making Elephants Fly | Conversations with High Octane Leaders, Dreamers, & Creatives
On this episode of Making Elephants Fly, Terry sits down with Jeff Barnes. Jeff is the best-selling author of The Wisdom of Walt: Leadership Lessons from the Happiest Place on Earth and Beyond the Wisdom of Walt: Life Lessons from the Most Magical Place on Earth. Known as Dr. Disneyland, he teaches the only accredited college course on the History of Disneyland. He is an international Disney motivational speaker, higher education administrator, university professor, and leadership/success coach. He has more than thirty-five years of professional speaking experience and nearly twenty years’ experience leading teams in higher education and teaching more than twenty different college courses. He attributes his passion for Disney parks to his love of history, story, and success. He believes the parks teach us some of life’s greatest lessons—as long as you know their history, know what to look for, and you are willing to connect it all to your own story. Jeff lives in Riverside, California with his family. When he is not speaking, teaching or writing, Jeff enjoys spending as much time as possible in “The Happiest Place on Earth." Join us as we learn to apply the wisdom and leadership of Walt Disney to our life and work. Find out more at http://terryweaver.com and join Terry at the Thing at http://thething.live .
About This Episode In this episode, I interview Dr. Jeff Barnes, the only college professor in the country to teach an accredited course on the topic of Disneyland. As an expert on the life and legacy of Walt Disney, Dr. Barnes discusses how leaders can learn from Walt’s unique life and leadership style. About Our Guest Jeff Barnes is the best-selling author of The Wisdom of Walt: Leadership Lessons from the Happiest Place on Earth and Beyond the Wisdom of Walt: Life Lessons from the Most Magical Place on Earth. Known as Dr. Disneyland, he teaches the only accredited college course on the History of Disneyland. He is an international Disney motivational speaker, higher education administrator, university professor, and leadership/success coach. He has more than thirty-five years of professional speaking experience and nearly twenty years’ experience leading teams in higher education and teaching more than twenty different college courses. He attributes his passion for Disney parks to his love of history, story, and success. He believes the parks teach us some of life’s greatest lessons—as long as you know their history, know what to look for, and you are willing to connect it all to your own story. Jeff lives in Riverside, California with his family. When he is not speaking, teaching or writing, Jeff enjoys spending as much time as possible in “The Happiest Place on Earth.” (bio taken from Dr. Barnes’ website)
Jeff Barnes is the best-selling author of The Wisdom of Walt: Leadership Lessons from the Happiest Place on Earth and Beyond the Wisdom of Walt: Life Lessons from the Most Magical Place on Earth. Known as Dr. Disneyland, he teaches the only accredited college course on the History of Disneyland. He is an international Disney motivational speaker, higher education administrator, university professor, and leadership/success coach. He has more than thirty-five years of professional speaking experience and nearly twenty years’ experience leading teams in higher education and teaching more than twenty different college courses. He attributes his passion for Disney parks to his love of history, story, and success. He believes the parks teach us some of life’s greatest lessons—as long as you know their history, know what to look for, and you are willing to connect it all to your own story. Jeff lives in Riverside, California with his family. When he is not speaking, teaching or writing, Jeff enjoys spending as much time as possible in "The Happiest Place on Earth." Resources The Wisdom of Walt (official site) The Wisdom of Walt: Leadership Lessons from the Happiest Place on Earth (Disneyland): Success Strategies for Everyone (book) Beyond the Wisdom of Walt: Life Lessons from the Most Magical Place on Earth (book)
This week, we are joined by Dr. Disneyland himself, Jeff Barnes. Jeff is the best selling author of The Wisdom of Walt: Leadership Lessons from the Happiest Place on Earth, and Beyond the Wisdom of Walt: Life Lessons from the Most Magical Place on Earth. Jeff combines his experiences, with the life lessons of Walt Disney, to inspire everyone who reads his work to find their passions, and achieve success. So grab a pen and paper, because we are all headed back to school, on this week’s episode of the Disney Dads Podcast. You can find all of Jeff’s work at www.thewisdomofwalt.com
The Dub Dee Dub Revue: Walt Disney World & Disneyland Discussion
In Show #49, Pete and Chris are joined by noted author and motivational speaker, Jeff Barnes. Jeff's book (The Wisdom of Walt - Leadership Lessons from the Happiest Place on Earth) tells the fascinating story of Disneyland's success. But more importantly, "Reading this book will change the way you see Disneyland. Instead of being a place of escape, Disneyland will become for you a model of success. Learn how the park can challenge you to live your dream, inspire you to take action, and teach you how to create your own magic so that every day for you is as magical as a day at Disneyland. - The Wisdom of Walt" Tune in to find out! We hope you enjoy the show! The Dub Dee Dub Revue can be found on iTunes, Stitcher, Tune In Radio, Google Play Music, iHeartRadio, Overcast, Player FM, Pod-O-Matic, Pocketcasts, Podcast Addict, and Dis Radio 24/7 as well as on our own site thedubdeedubrevue.com. Also, Please be sure to subscribe to the show to get the latest shows delivered directly to your podcast feed. Also, visit us on Twitter @dubdeedubrevue and like our Facebook page. Lastly, Thank You to our sponsors for making this show happen. (The Magic For Less Travel Agency and The Theme Park Brothers) We appreciate your support...AND...as always, we appreciate YOU spending a little of your time with us. We know that you have lots of options for Disney-based podcasts, but for including us...Thank You!
Marketer of the Day with Robert Plank / Robert Plank Show: Archive Feed 1
The expert on everything Disney, Jeff Barnes from TheWisdomOfWalt.com and author of "The Wisdom of Walt: Leadership Lessons from the Happiest Place on Earth" tells us how to live a great story. He shares how Walt Disney succeeded despite all odds, previous failures and existing competitors to create a superior product and experience.
The expert on everything Disney, Jeff Barnes from TheWisdomOfWalt.com and author of "The Wisdom of Walt: Leadership Lessons from the Happiest Place on Earth" tells us how to live a great story. He shares how Walt Disney succeeded despite all odds, previous failures and existing competitors to create a superior product and experience. Display TranscriptRobert Plank: We have Jeff Barnes who is an author, professional keynote speaker, university professor, and leadership and success coach. His book is called The Wisdom of Walt. It's an Amazon number 1 bestseller in multiple categories, including personal success in business. We're going to be talking about a lot of fun, Disney kind of stuff today. How are things, Jeff? Jeff Barnes: Hey, Robert. Things are great. How are you? Robert Plank: Super fantastic. I feel like I should say it's magical or wonderful or whatever the proper Disney term is, but I have to admit I know almost nothing about Disney despite living in California. Jeff Barnes: We're doing the interview on a Monday, so let's just go with "happy, magical Monday." Robert Plank: Perfect. Happy, magical Monday. I'm going to start using that one every Monday. Jeff Barnes: Exactly. Robert Plank: Is there one of those for like every day of the week or am I just stuck with the one day of the week? Jeff Barnes: "Magical Monday" is pretty popular. "Have a terrific Tigger Tuesday" is another one that you'll hear every now and then. I like "wonderful Wednesday," which sort of goes back to the Wonderful World of Disney. Yeah, I mean, if you're really, really deep, you've got one for every single day of the week. I typically stick with "magical Monday" and then trust the rest of the days to take care of themselves. Robert Plank: Okay. Yeah, they'll all fall line after that. Jeff Barnes: Exactly. Robert Plank: Cool. It seems like there is this whole crazy, like subculture that's really cool, brands called ... this Walt Disney stuff that you happen to be in the middle of, so can you tell us about that and about yourself and all that good stuff? Jeff Barnes: Sure. 33 million people a year in the United States alone, Robert, go to Walt Disney or Disneyland and, within that pocket of 33 million, there are people who are just fanatics and obsessed and cannot get enough of it. Within Southern California, there is a love and a passion for Disneyland as a local park that beats almost anything I've ever seen to include love for a sports team, love for one's city, town, community, you name it, and part of that is the 61-year history of the park here in Southern California. I think a lot of it has to do with, in Southern California, everybody's from everywhere and there isn't any central place in Southern California, to include downtown Los Angeles, and so, over the years, Disneyland has sort of evolved into the public square for Southern California, and it really is the one place that all of us share together and, sort of like a narrative thread, it becomes the 1 place that sort of holds us all together as well. Robert Plank: What's pretty crazy about all this Disney stuff, because it's seems like there's no dark side to it, there's no one, anyone like saying anything bad about Disney the same way that like a sports team or any kind of usual theme park like your Great America or your Magic Mountain or something like that? Jeff Barnes: Disney is not perfect and they certainly have made their mistakes over the years, but, by and large, people are in because they love it and it is something very special and very magical and it really echoes back to I think a connection that starts in childhood. As I have gone around Southern California and really around the country in the past year promoting the wisdom of Walt, I meet people. Their family moved to Southern California in 1956 and all they could think about was, "Wow, we're going to get to go to Disneyland," or you meet someone else and their dad worked on the construction crew th...