• Exit Planning Basics: How to Maximize the Value of a Business | 703
    Jan 30 2025

    In this episode of The Daily Dose of Dave on the Inside BS Channel, Dave explores how to maximize the value of a business when preparing for an exit. From contingency planning to strategic sales, Dave provides practical advice for making a business desirable, profitable, and operationally independent. He shares insights on planning for unexpected absences, crafting exit strategies like employee buyouts or strategic sales, and even preparing businesses for franchising.


    Key Points:

    • Short-Term and Long-Term Exit Planning: Why contingency plans and strategic plans are essential for business owners.
    • Exit Strategies: Options including employee sales (ESOP), management buyouts, private equity sales, and public offerings.
    • Bulletproofing Your Business: The importance of standard operating procedures and documentation for operational independence.
    • Operational Independence: How to ensure a business can run profitably without the owner’s daily involvement.

    Notable Quote:

    “You can never go wrong with too much detail or too much training in your business. That is an investment that is always going to pay off for you.” - Dave Lorenzo

    Call to Action:

    Do you have a plan for stepping away from your business, whether temporarily or permanently?

    Take the first step in securing your company’s future by documenting your processes and exploring your exit options. Call Dave Lorenzo for details: (305) 692-5531

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    11 mins
  • How to Dominate Your Market | Inside the World of Exotic Meat | Peter Andrews | 702
    Jan 29 2025

    In this episode of The Inside BS Show, hosts Dave Lorenzo and Nicola Gelormino sit down with Peter Andrews, owner of Chicago Game and Gourmet, to delve into the world of exotic meats. Peter shares his journey of building a business specializing in unique offerings like bison, elk, python, kangaroo, and even iguana. He discusses the health benefits of game meats, his approach to sourcing from sustainable farms worldwide, and how the pandemic inspired his shift into retail sales.


    Peter also reveals an exciting new venture into the pet food industry, creating 100% protein-based, allergen-friendly products for dogs.

    Whether you’re a curious foodie, a pet owner seeking hypoallergenic options, or simply interested in unique culinary stories, this episode is packed with insights and inspiration.


    Featured Quote:

    "Iguana—we call it the chicken of the trees." – Peter Andrews


    Key Information:

    • Guest: Peter Andrews, Owner of Chicago Game and Gourmet
    • Website: ChicagoGame.us
    • Email: Peter@ChicagoGame.us
    • Phone: 312-455-1800
    • Location: 700 West Root Street, Chicago, IL

    Topics Covered:

    • The health benefits and sustainability of exotic meats.
    • A behind-the-scenes look at sourcing and preparing game meats.
    • Insights into transitioning a business during the pandemic.
    • The launch of a premium pet food line for dogs with allergies.


    If you enjoyed this episode of The Inside BS Show, don’t miss out on future episodes packed with business insights, expert interviews, and unique stories.


    Follow the show and get daily email updates by visiting: https://GetInsideBS.com.


    Be sure to subscribe on your favorite podcast platform, leave a review, and share this episode with someone who’d love to learn about exotic meats or innovative business ideas.


    We’ll see you back here tomorrow for another great episode.

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    41 mins
  • Financial Advisors: Who Else Wants to Stand Out in a Crowded Field? | 701
    Jan 28 2025

    In this episode of The Daily Dose of Dave on the Inside BS Channel, Dave Lorenzo speaks directly to financial advisors about a groundbreaking opportunity to redefine their careers. Dave introduces the Certified Enterprise Value Advisor (CEVA) program at Exit Success Lab, an exclusive initiative for professionals committed to helping business owners grow enterprise value and achieve financial independence.

    With his signature blend of wisdom and actionable insights, Dave discusses the importance of separating business valuation from personal retirement goals and positions Exit Success Lab as the ultimate resource for financial advisors who want to differentiate themselves in the marketplace. Whether you're looking to elevate your practice, connect with high-caliber professionals, or transform your approach to exit planning, this episode provides a roadmap for success.


    Episode Highlights:

    • The New Era of Exit Planning: Why traditional methods fall short and how Exit Success Lab is changing the game.
    • Exclusivity at its Best: The benefits of joining a selective community of top-tier advisors, consultants, and professionals.
    • The Power of Giving: How a “giver” mindset fosters collaboration and drives success within the Exit Success Lab network.
    • CEVA Certification: What it takes to become a Certified Enterprise Value Advisor and why it’s more than just another credential.
    • Call to Action: Why decisive action is critical and how to apply for one of the limited spots in this transformative program.

    Featured Quote:

    "Building enterprise value is about creating a business that thrives independently of its owner. That’s the hallmark of true financial success." – Dave Lorenzo


    Call to Action:

    If this episode inspired you, don’t wait—apply to Exit Success Lab and take the first step toward becoming a leader in exit planning. Call now: (786) 436-1986

    Share this episode with a colleague who’s ready to level up their career, and don’t forget to subscribe to The Daily Dose of Dave for more actionable insights.

    Join us tomorrow at 6 a.m. for another transformative conversation on achieving business and personal growth!

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    15 mins
  • How to Be a Great Podcast Guest | 700
    Jan 27 2025

    In this milestone episode, Dave Lorenzo, known as The Godfather of Growth, draws on over two decades of podcasting experience and hundreds of interviews to teach you "How to Be a Great Podcast Guest". Alongside his co-host, Nicola Gelormino, Dave ensures every guest on The Inside BS Show is prepared to shine. This episode is essential for anyone aspiring to be an outstanding guest on any podcast, radio, or video platform.

    Why Listen to This Episode on Repeat?

    Dave packs this episode with actionable strategies and expert insights designed to elevate your podcast guest appearances. Listening repeatedly ensures these essential tips become second nature, allowing you to:

    1. Deliver high-impact stories.
    2. Understand and engage with diverse audiences.
    3. Adapt seamlessly to any podcast or interview setting.

    Whether you're a seasoned guest or a first-timer, this guide ensures you leave a lasting impression and build lasting relationships with hosts and audiences.


    Key Takeaways:

    1. Do Your Homework

    • Immerse Yourself: Listen to past episodes of the show you’re appearing on. Study the host’s style and dynamics.
    • Read Their Work: Books, blogs, and articles reveal how the hosts think and operate. For Dave, start with The 60 Second Sale.

    2. Understand the Audience

    • Ask questions about the audience during pre-show interviews.
    • The Inside BS Show caters to entrepreneurs and CEOs aiming to scale their businesses to $10M+—prepare to deliver insights tailored to this audience.

    3. Create a Captivating Setup

    • Visual Tips: Ensure your background is clean, neutral, and free from distractions. Dress like you're attending a high-stakes business meeting—solid colors, no patterns!
    • Audio Matters: Use a high-quality external microphone and test it. Most listeners use headphones, so clarity is vital.

    4. Deliver Value, Not a Sales Pitch

    • Share compelling stories, case studies, and insider secrets.
    • Let the hosts guide promotional segments; focus on building rapport and credibility first.

    5. Promote Your Appearance

    • Leverage social media, email lists, and blog posts to share your episode widely.
    • Consistent promotion, even years after your appearance, increases your chances of being invited back and recommended for other opportunities.

    Why This Episode Stands Out


    Dave and Nicki’s combined hosting expertise creates a dynamic, engaging environment. This episode not only prepares you for The Inside BS Show but offers universally applicable advice for any interview format, including podcasts, video shows, and live broadcasts.


    Don’t Miss the Big Picture!
    Revisit this episode to master the art of being a great podcast guest. These tips will make you a sought-after interviewee, boost your credibility, and strengthen your professional network.


    Join us tomorrow at 6 a.m. for Episode 701!

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    28 mins
  • How to Overcome Rejection in Sales, in Business, and in Life | 699
    Jan 26 2025

    In this episode of The Daily Dose of Dave on the Inside BS Channel, Dave Lorenzo tackles one of the biggest challenges in business and sales: overcoming the fear of rejection. Drawing from his extensive experience at Exit Success Lab, Dave shares a practical roadmap to help professionals desensitize themselves to rejection and build "rejection armor."

    Dave explains how rejection isn't a barrier but an essential part of achieving your goals, offering a mental framework that redefines how to approach objections and resistance in sales. From identifying ideal clients to navigating business development conversations, Dave's insights empower you to take rejection in stride and use it as a tool for growth.


    Episode Highlights:

    • Introduction: Why fear of rejection is the first hurdle to overcome in sales.
    • The Key to Sales: Helping people in exchange for financial compensation.
    • Qualifying Prospects: The four essential criteria for identifying ideal clients (money, decision-making authority, solvable problems, and urgency).
    • Objections as Opportunities: Using prospects' motivations to handle objections effectively.
    • The Role of Referral Sources: Building and maintaining relationships with qualified referral partners.

    Action Item: List the most common objections or fears you face in sales and practice reframing them as steps toward your ultimate goal.


    Featured Quote:
    "Rejection isn’t failure; it’s your greatest ally in getting closer to success. Welcome it, learn from it, and let it guide you." – Dave Lorenzo


    Call to Action:
    If today’s episode inspired you, share it with a colleague who needs a confidence boost in their sales journey. Don’t forget to subscribe to The Daily Dose of Dave and leave a review to help others discover actionable strategies for success.


    Join us tomorrow at 6 a.m. for another transformative lesson on business and personal growth!


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    1 hr and 3 mins
  • Secure the Future of Your Business with a Good Succession Plan | 698
    Jan 25 2025

    In this episode of The Daily Dose of Dave on the Inside BS Show, Dave Lorenzo dives into the fundamentals of succession planning for business owners. He discusses why succession planning is essential to transforming your business into a self-sustaining entity rather than just a "job." Dave breaks down the four critical competencies—skills, knowledge, talent, and experience—and explains how they apply across three organizational tracks: leadership, management, and individual contributors. This episode serves as a wake-up call for business owners to ensure their companies can thrive without their constant presence.


    Key Takeaways:

    • Succession Planning Defined: A strategic approach to prepare your business to run smoothly in your absence.
    • The Four Competencies:
      • Skills: Role-specific abilities that can be taught.
      • Knowledge: A comprehensive understanding of the role, industry, and organization.
      • Talent: Innate abilities that cannot be taught but are critical to success.
      • Experience: Mastery achieved through time and exposure.
    • Organizational Tracks:
      • Leadership: Engaging, inspiring, and guiding the organization.
      • Management: Handling logistics and ensuring processes run efficiently.
      • Individual Contributors: Specialists driving innovation and execution.
    • Talent Identification: Use psychometric assessments, behavioral interviews, and role-specific evaluations to identify top talent for succession.

    Notable Quote:

    "If your business cannot run without you, you don’t have a business—you’ve got a job. Succession planning transforms that reality." - Dave Lorenzo


    Call to Action:


    Don’t let your business be overly dependent on you! Start building a succession plan today by mapping out the roles in your company, identifying key competencies, and ensuring your team is equipped for leadership, management, and individual contributions.

    Subscribe to The Inside BS Show for more insights and practical strategies to grow your business into a self-sustaining, scalable enterprise.

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    14 mins
  • Seven Stupid Sentences Salespeople Say That Screw Up Deals | 697
    Jan 24 2025

    In this episode of The Daily Dose of Dave on the Inside BS Channel, Dave Lorenzo tackles seven common phrases that salespeople use, which inadvertently sabotage their deals. With his trademark wit and insight, Dave breaks down why these phrases undermine credibility, create resistance, and derail the sales process. He provides actionable alternatives to help sales professionals build trust, deliver value, and close more deals.


    Episode Highlights:

    • Introduction: The pitfalls of saying the wrong thing in sales and how to avoid them.
    • Seven Phrases to Avoid:
      1. "Let me be honest with you" – Undermines credibility.
      2. "Have you got a minute?" – Encourages a "no" response.
      3. "I haven't heard from you" – Highlights lack of interest from the prospect.
      4. "Just checking in/touching base" – Signals lack of meaningful contribution.
      5. "Can I send you some information?" – Comes across as lazy and generic.
      6. "When can I circle back?" – Reflects poor planning and initiative.
      7. "I can give you a discount" – Devalues the product or service.
    • Actionable Steps: Replace ineffective phrases with confident, value-driven alternatives. Focus on delivering value and establishing the next steps with clarity.

    Featured Quote:

    "As a sales professional, you are the information. Stop asking to send something afterward. Instead, demonstrate your value on the spot." – Dave Lorenzo


    Call to Action:


    If today’s episode resonated with you, share it with a sales professional who could benefit from avoiding these common pitfalls.

    Don’t forget to subscribe to The Daily Dose of Dave on your favorite podcast platform and leave a review to help us inspire more professionals.

    Join us tomorrow at 6 a.m. for another episode packed with strategies to elevate your business and close more deals.

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    10 mins
  • Is Your Business Sellable? | 696
    Jan 23 2025

    In this episode of The Daily Dose of Dave on the Inside BS Channel, Dave Lorenzo explores what makes a business truly sellable. Sharing his expertise from Exit Success Lab, Dave breaks down the "Three R's"—Results, Repeatability, and Records—and how mastering these elements can maximize your business's value and readiness for sale.


    Tune in to discover actionable strategies for transforming your business into an attractive, sellable asset.


    Episode Highlights:

    • Introduction: Why every business owner should know if their business is sellable.
    • Step 1: Results: Ensuring your business produces desirable, sustainable profits that appeal to potential buyers.
    • Step 2: Repeatability: Building systems and processes that enable consistent results without the owner's daily involvement.
    • Step 3: Records: Maintaining detailed, accurate financials and standard operating procedures to showcase operational excellence.
    • Actionable Steps: Evaluate your revenue's predictability, assess how results can be achieved independently, and tighten your documentation and financial records.

    Featured Quote:

    "The three R’s—Results, Repeatability, and Records—are the critical pillars of a sellable business." – Dave Lorenzo

    Call to Action:


    If today’s episode resonated with you, share it with someone aiming to make their business sellable.


    Don’t forget to subscribe to The Daily Dose of Dave on your favorite podcast platform and leave a review to help us reach more entrepreneurs.


    Join us tomorrow at 6 a.m. for more insights on building a business that creates wealth and freedom.

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    9 mins