WEBVTT

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Welcome back to Networking Unleashed, Building

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Profitable Connections, the podcast where we

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strip away the fluff and get real about networking

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fuels your business and your life. Today's episode

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is going to challenge the way you think about

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success. My guest believes that the four -hour

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workday isn't some dream. It's the standard we

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should all be aiming for. His philosophy flips

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the script on the old hustle mentality. The goal

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of business isn't a maximum growth at all costs.

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It's a minimalist freedom, building the life

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you want on your terms. And here's the kicker.

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Networking is the key to making that freedom

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possible, not by piling on more contacts, events,

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or obligations, but by creating the right intentional

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relationships that multiply your time and your

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results. So buckle up, buttercup, because we're

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about to dive into how you can design a network

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that buys back your hours, boosts your profits,

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and gives you the freedom you've been chasing.

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So let's get started. That was a bit of a mouthful

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for me, but I think I got it. I'd like to welcome

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to the podcast, Jermaine Cheatham. And I would

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like to ask you, first of all, welcome to the

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podcast. And could you give us a little bit about

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your background and how you got here today? Hey,

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Michael. Thanks, man. I appreciate you having

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me. I'm glad to be here. My background is, since

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I was young, since I was five, six, seven, I

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always wanted freedom. And that's financial freedom.

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That's time freedom. That's location freedom.

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I just wanted freedom in life in general. And

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I didn't know how to get it until I ran into

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business and sales. And that was the quickest,

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most fastest, most efficient way for me to obtain

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all those freedoms is through sales and entrepreneurship.

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And to speak to your audience is the best way

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to excel. in sales and entrepreneurship is not

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trying to reinvent the wheel. It's simply to

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connect with other people, AKA networking that

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already have your ideal client in their network

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and have their trust. And that is the ultimate

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leverage. And so that's that one idea created

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all the freedom I ever wanted in my life and

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in my business. Wow. That's great. That's great.

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So you, When did you obtain that freedom? Subjective.

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Financial freedom is a different number for everybody.

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Time freedom is a different number for everybody.

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I didn't really gain this freedom until I made

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the leap from employee. to entrepreneur because

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then i started to own my time i started to own

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all my income and i had autonomy of my life so

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that was back in 2016 when i made that leap from

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the corporate business structure working for

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somebody else to i'm doing this on my own probably

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scary also making that jump for sure but it's

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not as scary as being a slave to the day you

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die Yeah, that's so true. Listen, I'm a former

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business owner myself. I had pizzerias, restaurants,

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Ben & Jerry's. I had it all. I was in New York.

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And the fast -paced, I was all into the fast

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-paced. I moved down here to Georgia, and it

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slowed down. And I got into my own thing without

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the storefront. But that's a story for another

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day. Most people think networking is about adding

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more and more connections. more events, and more

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time spent. How does a minimalist approach to

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networking look different, and why might it actually

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be more effective? From a minimalist lens, only

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thing you're looking for is leverage. You're

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looking to put in a little bit and get a lot

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out. And so when you're thinking about leverage

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from a business context, you want to make sure

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whatever you're selling, your product or service,

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is highly lucrative. And so what I decided to

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do is get into probably the most lucrative space

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you can find, and that's financial services.

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Because it's an evergreen need for businesses.

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They always need this thing. And it's something

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that doesn't ever go out of style, regardless

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of what's going on in the economy. It's always

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in demand. That's one aspect of it, is picking

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the right... actual product or service to sell.

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That's number one. And then from that lens, once

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you find something that's highly leverageable

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and lucrative, then you figure out, I don't need

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a hundred contacts because if I have a hundred

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contacts sending me business or deals, I have

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to manage those people. I have to manage their

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protocols and their procedures and their personalities

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versus let me find 10 that actually give me the

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same amount of, say, income that the 100 would

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give me without all the headache of dealing with

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10x the amount of people, personalities, and

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procedures. So it's really about finding the

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right product or service with the right key strategic

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partners that have your ideal customer in their

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space and in their... sphere of influence and

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then leverage that relationship because the psychology

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of trust is always at play. If I. I'm friends

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with Roger and Roger knows the client that I

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ultimately want to be in touch with. Roger is

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going to put me in touch with that client and

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that client is going to trust Roger. Therefore,

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they're going to trust me. It's just how psychology

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works. This isn't rocket science. And so when

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you have a lucrative product or service and you

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have this type of flywheel where people are bringing

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you into the deals that are pre -selling these

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deals for you. The clients just sign. They don't

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ask any questions. There's no back and forth.

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It's just a seamless way to do business. And

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so that's where the leverage really lies, where

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you're not spending all day working on deals

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or prospecting. You let your strategic partners

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do all that work for you. And it's a win. Your

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product or service has to make sure it helps

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your referring partner win. It helps him sell

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whatever he's selling. And it also helps their

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clients. So you have to make sure everyone's

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rowing in the right same direction. And then

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business becomes... Simple, easy, and fun. I

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understand all of that. So you had to work your

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way through the cloud of just hit and miss clients

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to get to your 10, let's say, of those clients

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that will refer you, that will pay more attention

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to you. But how did you get through that cloud,

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that fact of you having to meet? a hundred people

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to get to the 10. Yeah. So the easiest way I

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went about doing this is number one, I checked

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on who was already in my network, who do I already

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know in my Rolodex, in my phone. And so I started

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to strategically start reaching out to people

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already new in the business, my business world

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and saying, Hey, do you know X? Do you know people

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work in X? And I wanted to get into the healthcare

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space. I wanted to get into the medical space.

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So I literally started just reaching out to people

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I knew in the business world. And hey, do you

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know people in the healthcare space? I'd like

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to meet with you and see if I can get into that

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arena. And so I met with a lady, she was a friend

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of mine. She was a marketing person here in Arizona.

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We had coffee and she's like, yeah, call Roger.

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And then I talked to Roger and obviously it was

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a warm introduction. This is networking 101,

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just talking to people, that's it. We're not

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selling anything. And so I talked to Roger and

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he tells me, hey, we're having an event. I go

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to the event and I meet all these people that

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are in the medical space that sell medical software,

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medical equipment, and all of their clients actually

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needed my financial services to help him and

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her sell their equipment and software to the

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doctors. And so my point is this, is you're just

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looking for a couple of contacts to leverage

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because Once you get in with one of the contacts,

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they have buddies. They have other sales reps

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at their same organizations that now bring you

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into the fold because, again, the psychology

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of trust. If Roger uses Jermaine, then Tim will

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feel comfortable using Jermaine, and so will

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Sarah. And then next year, I'm doing the financing

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for the entire organization. And so that's a

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simple way of how I thought about, let me just...

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try to knock over the lead domino. And usually

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that's just one person. And that was the lady

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that I met with in marketing that was already

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in my phone. That sounds strangely equivalent

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to what I go through as a speaker and as a coach

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and a trainer. I go for that keynote, that workshop.

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But when I get into the company, other people

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find out about what I am speaking about. They

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tell friends. So it sounds eerily close to the

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same type of thing. Okay. You advocate the four

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-hour workday as a standard. What role does networking

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play in creating that freedom? And how can we

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avoid letting networking itself become another

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time drain? I have one key thing about business.

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If you're working more than four hours a day,

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you are working on the wrong thing, period. You're

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not finding the leverage. And maybe that is what

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you're selling. Maybe that is who you're selling

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it to. And maybe that's how you're doing it.

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From a networking lens, what you need to think

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about is you don't want to be the expert in anything.

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Because if you're the expert in anything, that

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means you have to actually deliver the service

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or goods. You have to actually do the work. I'm

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an advocate of being just a connector, a middleman,

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a person that sits in the middle of the person

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that needs the thing and the person that sells

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the thing. And I bring you together. I don't

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do any work and I get paid for the connection.

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And so when you think about networking from that

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lens, you have to pick the right product or service

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you want to connect people with and the right

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customer you want to connect them with because

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they got to have money. They got to be in pain.

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They have to be able to afford your thing that

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you're connecting them with. And same thing with

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the service. It has to be a lucrative service

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that is evergreen. So when you think about it

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from that lens, of course, you're not working

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more than a few hours a day because you're basically

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trying to be a surgeon with a scalpel versus

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just throw stuff against the wall and see if

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it sticks. So it's about picking the right service

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and finding the right people that need that service.

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And then you're obviously flywheel is going to

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be the connectors. all need this to make their

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business work. And you're not doing the work.

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You're not delivering it. You're not doing any

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of the client work. You're just connecting people,

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wiping your hands and everyone's happy. That

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sounds, I used to be a print broker and I used

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to have clients that needed printing. I developed

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a relationship with printers and it flowed through

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me, but I didn't have to do anything, but I was

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getting paid. So it's like the same thing. Okay.

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So many entrepreneurs chase maximum growth, which

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often means constant expansion or contacts and

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commitments. How does networking shift when the

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goal is freedom instead of scale? If you want

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to scale and you want to have a billion dollar

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company, you're going to be working 16 hour days.

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That's just the reality of it. And so at what

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point are you going to be satisfied? At what

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point is enough enough? And so I realized in

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my early 20s when I started making, for me, very

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good money, $20 ,000, $30 ,000 a month, I realized

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I can't spend all this. What am I buying? What

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do I really need that's going to fulfill me?

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And you try, you experiment, you buy stuff and

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you realize that wasn't it. about making more

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money. and just working all day. Life for me

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is about personal fulfillment. And a lot of that

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means getting my time back. I like to work, but

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I don't want to work all day because there's

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so much more to explore in life. I love to exercise.

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I love to go on hikes. I love to go on vacation.

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I love to travel. I love to read. I love to explore.

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I'm okay working from eight till noon, but after

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that, I want to do other stuff. And so for me,

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I'm not looking for maximal scale. I'm looking

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for maximal personal fulfillment. From a networking

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lens, that's where I realized when I was doing

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financial services, I was like, okay, I have

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a very lucrative thing here. I don't need to

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do a hundred deals a month to make a very good

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income. I could do a handful, which will take

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a few hours. And obviously I'll have some prospecting

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and stuff and staying in touch with my clients,

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but it's not. It's a few hours a day. And so

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when I realized this thing is very valuable and

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I found out, okay, these guys that have the ultrasound

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equipment or the MRI equipment or any of the

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medical devices, they need my lending services

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to help their doctors get their devices. Plus,

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it's a tax benefit for the doctors because it's

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100 % tax deductible. The banks and the underwriters,

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they want to lend out the money. So all I was

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simply doing is staying in the middle. I'm not

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the expert. The banks are the experts. The medical

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device sales guys, they're the experts in the

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equipment. The doctors are the expert in ophthalmology

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or whatever it is, right? So I'm simply just

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bringing the bank that wants to lend out money,

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the doctor that needs the money to buy, the equipment

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seller that needs to sell the equipment. All

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together, I wipe my hands in a few hours a day.

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Then I can go to the gym, go on a walk, go on

00:14:10.080 --> 00:14:12.259
vacation, do this from anywhere because it's

00:14:12.259 --> 00:14:14.200
a digital business. It's about leverage again,

00:14:14.340 --> 00:14:16.559
the right product, selling to the right person,

00:14:16.639 --> 00:14:20.240
the right way through strategic partners. Wow,

00:14:20.360 --> 00:14:24.879
that's good. Okay, so what are some signs that

00:14:24.879 --> 00:14:28.899
someone is over networking, collecting contacts,

00:14:29.039 --> 00:14:32.639
but losing focus? And how can they reverse that

00:14:32.639 --> 00:14:37.179
into meaningful, minimalist connections? Okay,

00:14:37.240 --> 00:14:40.679
so number one is if you're talking to people,

00:14:40.879 --> 00:14:43.940
if you're chasing anybody, that's a number one

00:14:43.940 --> 00:14:46.620
sign. Never chase anybody. You'll know after

00:14:46.620 --> 00:14:48.740
the first encounter if this person is real, if

00:14:48.740 --> 00:14:51.179
it makes sense, if it feels right. You're going

00:14:51.179 --> 00:14:52.840
to have instant feedback that this is a real

00:14:52.840 --> 00:14:56.480
thing. That's number one. Number two is if you

00:14:56.480 --> 00:15:00.639
always have people trying to waste your time.

00:15:01.480 --> 00:15:05.559
Let's get a coffee. Let's do this. Sure, I'd

00:15:05.559 --> 00:15:07.419
love to have a coffee with you. But specifically,

00:15:07.639 --> 00:15:10.860
what do you do? How do you do it? And how does

00:15:10.860 --> 00:15:13.700
it align with what I do? So we're both rowing

00:15:13.700 --> 00:15:15.679
in the same direction. But more importantly,

00:15:15.860 --> 00:15:20.539
we're both getting paid sufficiently. Because

00:15:20.539 --> 00:15:23.879
life is short. We all die. I want to make money

00:15:23.879 --> 00:15:26.840
on my connections. And I want to also help my

00:15:26.840 --> 00:15:29.539
connections make money too. It's a two -way street.

00:15:29.740 --> 00:15:33.409
I want us both. to get paid. And if I don't see

00:15:33.409 --> 00:15:35.629
a throughput where we can get paid, there's absolutely

00:15:35.629 --> 00:15:38.309
no reason for us to meet unless you know somebody

00:15:38.309 --> 00:15:40.769
that can help me get paid and help them get paid.

00:15:40.870 --> 00:15:42.870
And I'm happy to pay you a commission for making

00:15:42.870 --> 00:15:45.809
that happen. So I think a lot of it comes down

00:15:45.809 --> 00:15:48.230
to you have to be direct with people. The director

00:15:48.230 --> 00:15:51.929
you are, the clearer and the more lucrative.

00:15:53.259 --> 00:15:55.200
the relationship's going to be. If you notice

00:15:55.200 --> 00:15:57.220
a lot of people will hem and haw and they're

00:15:57.220 --> 00:15:59.240
just happy and they're just, they want to be

00:15:59.240 --> 00:16:02.039
friendly and they're people pleasers. People

00:16:02.039 --> 00:16:04.039
pleasers are usually some of the worst entrepreneurs

00:16:04.039 --> 00:16:06.559
and salespeople. So if you see a people pleaser

00:16:06.559 --> 00:16:09.440
or you get that kind of vibe, run for the hills

00:16:09.440 --> 00:16:10.559
because they're just going to waste your time

00:16:10.559 --> 00:16:12.580
and they're not doing any business. People that

00:16:12.580 --> 00:16:15.080
are busy are doing stuff. So those are my two

00:16:15.080 --> 00:16:18.559
main things is focus on ignoring people pleasers

00:16:18.559 --> 00:16:21.460
and staying focused on who's really going to

00:16:21.460 --> 00:16:24.240
be able to send you business. Okay, sure. And

00:16:24.240 --> 00:16:27.460
those salesy type people, the people who really

00:16:27.460 --> 00:16:29.980
aren't doing business, they're going to your

00:16:29.980 --> 00:16:33.399
networking events more for social reasons rather

00:16:33.399 --> 00:16:36.980
than making money. And if you're a type priority,

00:16:37.340 --> 00:16:39.840
I have a slightly different take on a networking

00:16:39.840 --> 00:16:42.960
event. I go with what's called a servant's heart.

00:16:43.500 --> 00:16:48.360
I see what I can do for them. not what they can

00:16:48.360 --> 00:16:51.559
do for me. So I'm not looking for a sale. I'm

00:16:51.559 --> 00:16:54.679
not looking how I can strategically align with

00:16:54.679 --> 00:16:57.360
them. I'm just looking to put two people together

00:16:57.360 --> 00:17:01.500
and I walk away. I have them because in turn,

00:17:01.620 --> 00:17:04.500
they look at me, they say, look, Mike gave me

00:17:04.500 --> 00:17:07.140
a referral. So I'm going to have to give him

00:17:07.140 --> 00:17:09.759
one. And so it's a slightly different take on

00:17:09.759 --> 00:17:11.920
what you are saying, but it's along the same

00:17:11.920 --> 00:17:16.539
lines. Okay. In your view. What's the biggest

00:17:16.539 --> 00:17:19.480
myth about networking that keeps business owners

00:17:19.480 --> 00:17:24.059
stuck in long hours and unnecessary busyness?

00:17:26.700 --> 00:17:29.319
I think that they need to talk to everybody.

00:17:30.460 --> 00:17:33.140
You don't need to talk to anybody except for

00:17:33.140 --> 00:17:37.680
your ideal avatar or ideal customer. And in order

00:17:37.680 --> 00:17:40.079
to know who your ideal customer is or client

00:17:40.079 --> 00:17:44.400
or partner is. You need to know where the leverage

00:17:44.400 --> 00:17:47.000
is based on whatever you're selling. It's surprising.

00:17:47.140 --> 00:17:49.779
Sometimes you'll talk to people and you don't

00:17:49.779 --> 00:17:52.160
even think that they know what they even offer

00:17:52.160 --> 00:17:54.079
because they're not even quite sure about it.

00:17:54.119 --> 00:17:55.980
They're not even crystal clear about like, where's

00:17:55.980 --> 00:17:58.859
their value and their proposition. And so the

00:17:58.859 --> 00:18:01.400
clearer you are in exactly what you sell, then

00:18:01.400 --> 00:18:04.000
you can get laser focused on finding those type

00:18:04.000 --> 00:18:07.680
of partners that have. your ideal client already

00:18:07.680 --> 00:18:09.740
in their network and their influence. And so

00:18:09.740 --> 00:18:12.039
those are the only people you should focus on.

00:18:12.079 --> 00:18:15.200
Like for me in my financial services, I only

00:18:15.200 --> 00:18:17.839
focused on medical device salespeople. That is

00:18:17.839 --> 00:18:21.779
it. So any event, any person I talk to, that

00:18:21.779 --> 00:18:24.240
is the specific type of person I want to talk

00:18:24.240 --> 00:18:26.559
to. And that's it because they can bring me deal

00:18:26.559 --> 00:18:29.039
after deal that are pre -sold and pre -closed.

00:18:29.299 --> 00:18:32.640
Don't talk to everybody. Talk to the person that

00:18:32.640 --> 00:18:38.339
is your key ideal avatar. Exactly right. That's

00:18:38.339 --> 00:18:43.000
exactly right. Okay. How do you personally decide

00:18:43.000 --> 00:18:47.460
which relationships to invest in deeply and which

00:18:47.460 --> 00:18:50.500
to let go without feeling like you're missing

00:18:50.500 --> 00:18:53.519
out on opportunities? This kind of is what we

00:18:53.519 --> 00:18:57.660
just talked about, but not really. Number one

00:18:57.660 --> 00:19:03.180
is I'm a capitalist. So if it's a lucrative relationship

00:19:03.180 --> 00:19:09.539
and I like the person, then that's what I'm going

00:19:09.539 --> 00:19:11.980
to invest all my time and effort in. If it's

00:19:11.980 --> 00:19:14.920
a lucrative relationship and I don't really like

00:19:14.920 --> 00:19:18.839
the person, I'm going to try to mitigate my personal

00:19:18.839 --> 00:19:21.299
contact with that person and make it more transactional.

00:19:21.940 --> 00:19:24.319
And so I'm not really going to invest as heavily

00:19:24.319 --> 00:19:26.599
if we're just not seeing eye to eye on whatever

00:19:26.599 --> 00:19:31.240
it might be. And typically 90 % of all the relationships

00:19:31.240 --> 00:19:34.369
you actually have that are really good. and really

00:19:34.369 --> 00:19:37.210
long lasting, they're lucrative and you like

00:19:37.210 --> 00:19:39.809
the person. And usually the ones that those 10

00:19:39.809 --> 00:19:41.829
% where you really don't like the person, but

00:19:41.829 --> 00:19:44.329
it is lucrative, they typically fizzle out sooner

00:19:44.329 --> 00:19:45.910
or later because they're going to find someone

00:19:45.910 --> 00:19:49.009
they actually do vibe with and that's okay. But

00:19:49.009 --> 00:19:51.549
before you write someone off, here's one thing

00:19:51.549 --> 00:19:53.710
I always try to do is give the person a chance.

00:19:54.319 --> 00:19:56.180
Like really try to connect with them, really

00:19:56.180 --> 00:19:58.039
have a conversation with them, ask them about

00:19:58.039 --> 00:20:00.740
their family, what they're up to, and try to

00:20:00.740 --> 00:20:03.440
connect with them on a human level. And for whatever

00:20:03.440 --> 00:20:06.200
reason, if it still doesn't work, then c 'est

00:20:06.200 --> 00:20:08.200
la vie. It is what it is. But you have to at

00:20:08.200 --> 00:20:10.140
least give people an opportunity because I believe

00:20:10.140 --> 00:20:13.819
in every human, there's a good heart there. It's

00:20:13.819 --> 00:20:16.579
just sometimes maybe it's a worldview or who

00:20:16.579 --> 00:20:18.779
knows what it might be, a personality clash.

00:20:19.000 --> 00:20:20.660
I don't know. And sometimes you just don't see

00:20:20.660 --> 00:20:23.039
eye to eye, but you have to give it an opportunity.

00:20:24.269 --> 00:20:28.029
Good. Absolutely right. If someone only had four

00:20:28.029 --> 00:20:31.970
hours a day to run their business, what specific

00:20:31.970 --> 00:20:35.170
networking strategies would you tell them to

00:20:35.170 --> 00:20:39.450
focus on for maximum leverage? It depends on

00:20:39.450 --> 00:20:41.349
what they sell. I'm assuming it's going to be

00:20:41.349 --> 00:20:43.869
something lucrative. So if it's very lucrative,

00:20:43.950 --> 00:20:48.329
the only thing I'm going to find is. where is

00:20:48.329 --> 00:20:51.190
that client located? Who's the client? Who's

00:20:51.190 --> 00:20:53.069
this ideal client that would buy this thing or

00:20:53.069 --> 00:20:54.930
utilize this thing? And then I'm going to find

00:20:54.930 --> 00:20:57.990
out, okay, who already has this person in their

00:20:57.990 --> 00:21:01.130
network? So for example, for mine, it was medical

00:21:01.130 --> 00:21:03.390
device. People had all the doctors that I wanted

00:21:03.390 --> 00:21:05.589
to offer my financial services to buy their equipment,

00:21:05.710 --> 00:21:08.730
right? But here's kind of an abstract idea. What

00:21:08.730 --> 00:21:11.710
if I sold weight loss services or fitness services?

00:21:12.450 --> 00:21:14.660
How do I find... the person that wants to lose

00:21:14.660 --> 00:21:16.559
weight? How do I find the person that wants to

00:21:16.559 --> 00:21:19.200
get in shape? I have no idea. You can't even

00:21:19.200 --> 00:21:21.240
tell. You would have no idea who wants to do

00:21:21.240 --> 00:21:24.299
that. But you can make inferences based on psychology.

00:21:24.559 --> 00:21:27.420
Who would have people that might want to get

00:21:27.420 --> 00:21:29.660
in shape, might want to get stronger and look

00:21:29.660 --> 00:21:32.900
better physically? Probably like high -end corporate

00:21:32.900 --> 00:21:35.900
dating coaches because all their CEOs that are

00:21:35.900 --> 00:21:38.680
maybe freshly off of a divorce or they're now

00:21:38.680 --> 00:21:40.859
back in the dating market, they're going to want

00:21:40.859 --> 00:21:43.769
to look. their best, feel their best, lose 10

00:21:43.769 --> 00:21:46.410
pounds, put on 10 pounds of muscle. So I would

00:21:46.410 --> 00:21:48.250
just go to the corporate dating coaches instead

00:21:48.250 --> 00:21:50.269
of trying to find this needle in the haystack

00:21:50.269 --> 00:21:52.609
and say, hey, corporate dating coach, let me

00:21:52.609 --> 00:21:55.309
offer all your clients 60 days of free training

00:21:55.309 --> 00:21:58.430
online. And then at the end of the 60 days, they

00:21:58.430 --> 00:21:59.970
can decide if they want to sign up for my package.

00:22:00.470 --> 00:22:03.089
This is a way, it's a win for all three parties.

00:22:04.319 --> 00:22:06.460
That's what I would spend my four hours a day

00:22:06.460 --> 00:22:09.420
on is finding corporate dating coaches, or in

00:22:09.420 --> 00:22:12.319
my case, finding medical device salespeople to

00:22:12.319 --> 00:22:15.740
talk to. Or whatever you're doing, find the leverage.

00:22:15.900 --> 00:22:18.799
You never sell to the customer directly. You

00:22:18.799 --> 00:22:21.700
find the people that have their customer in their

00:22:21.700 --> 00:22:25.059
network, and then you leverage that psychology

00:22:25.059 --> 00:22:30.220
of trust. Good. Very good. You've said the goal

00:22:30.220 --> 00:22:34.109
of business is freedom, not growth. How do you

00:22:34.109 --> 00:22:37.329
build a network that actually supports your lifestyle

00:22:37.329 --> 00:22:40.690
goals instead of pulling you further away from

00:22:40.690 --> 00:22:43.809
them? Again, it starts with the product you pick.

00:22:43.990 --> 00:22:46.430
So you don't want to have to do 100 deals a month.

00:22:46.529 --> 00:22:48.509
You want to be able to do a couple. That's number

00:22:48.509 --> 00:22:51.130
one. Number two is you want to make sure you

00:22:51.130 --> 00:22:55.289
align yourself with partners and clients that

00:22:55.289 --> 00:22:59.059
do not waste your time. They're not messaging

00:22:59.059 --> 00:23:01.799
you all day long. They're not emailing you all

00:23:01.799 --> 00:23:03.900
day long. They're not calling you all day long.

00:23:04.039 --> 00:23:07.099
You want low maintenance partnerships. Because

00:23:07.099 --> 00:23:10.240
the truth is, the people that are making the

00:23:10.240 --> 00:23:12.940
most money, that are the most successful, they're

00:23:12.940 --> 00:23:15.880
always low maintenance for the most part. It's

00:23:15.880 --> 00:23:18.819
always the headaches are the quote unquote losers,

00:23:19.140 --> 00:23:21.799
the brokies, the people that aren't selling anything,

00:23:22.079 --> 00:23:23.880
the people that are stressed out, and they're

00:23:23.880 --> 00:23:26.960
going to take it out on you. It's always a litmus

00:23:26.960 --> 00:23:29.039
test. Is this person calling me three times in

00:23:29.039 --> 00:23:31.839
one day? Is this person emailing me four times

00:23:31.839 --> 00:23:33.640
with a bunch of question marks? Are they texting

00:23:33.640 --> 00:23:36.200
me? Are they bothering me? Because again, that

00:23:36.200 --> 00:23:39.839
disrupts my peace. It disrupts my freedom, really.

00:23:40.000 --> 00:23:41.940
And I'm fine with a phone call and an email,

00:23:42.079 --> 00:23:44.420
but I'll get back to you in 24 hours. I'll dictate

00:23:44.420 --> 00:23:47.880
what our engagement will look like. And so you

00:23:47.880 --> 00:23:51.480
have to sometimes fire clients, even if they're

00:23:51.480 --> 00:23:53.920
a lucrative client, because they're causing you

00:23:53.920 --> 00:23:56.059
trouble. and they're causing you problems in

00:23:56.059 --> 00:23:57.759
your life, and life's too short to deal with

00:23:57.759 --> 00:24:01.140
people you don't like and that are a pain. I

00:24:01.140 --> 00:24:04.119
learned that a long time ago, to fire clients.

00:24:04.700 --> 00:24:06.900
And people who aren't used to that say, what

00:24:06.900 --> 00:24:09.500
are you, out of your mind? I'm like, it's a lot

00:24:09.500 --> 00:24:11.940
easier just to fire them, find somebody else,

00:24:12.099 --> 00:24:16.200
and move on with your life. Okay, minimalism

00:24:16.200 --> 00:24:21.000
often means cutting the clutter. What does clutter...

00:24:21.240 --> 00:24:23.779
in networking look like and how can listeners

00:24:23.779 --> 00:24:26.960
do a clean sweep of their connections while keeping

00:24:26.960 --> 00:24:32.380
doors open? Here's the deal. Everyone's heard

00:24:32.380 --> 00:24:36.920
of the 80 -20 rule, the Pareto principle. I believe

00:24:36.920 --> 00:24:42.900
in the 95 -5 principle. You get almost all of

00:24:42.900 --> 00:24:45.920
your outcomes from five people. It's just the

00:24:45.920 --> 00:24:49.019
way it works. And so I would look at my Rolodex

00:24:49.019 --> 00:24:51.930
and be like, if this person isn't get me in touch

00:24:51.930 --> 00:24:58.009
with money, like actual revenue. If I've been

00:24:58.009 --> 00:24:59.769
talking to this person for a year or whatever

00:24:59.769 --> 00:25:04.049
it is, stop talking to them, quit following up

00:25:04.049 --> 00:25:06.509
with them because life is short and there's something

00:25:06.509 --> 00:25:09.809
called opportunity costs and they're big. And

00:25:09.809 --> 00:25:12.910
so if you're wasting your time on these 95 people,

00:25:12.990 --> 00:25:15.730
when you could be trying to find these five people.

00:25:16.279 --> 00:25:18.559
That's where all your energy and effort is. And

00:25:18.559 --> 00:25:20.500
what you'll notice, if you've been around the

00:25:20.500 --> 00:25:22.319
block enough, you've done enough deals, you'll

00:25:22.319 --> 00:25:25.460
start to notice the best relationships, the best

00:25:25.460 --> 00:25:27.799
partners, the best clients were the ones that

00:25:27.799 --> 00:25:30.940
were effortless. It just happened naturally.

00:25:31.180 --> 00:25:33.460
There was no chasing. There wasn't all this,

00:25:33.640 --> 00:25:35.599
let me stay in touch, let me stay in touch. No,

00:25:35.700 --> 00:25:38.519
you actually stayed in touch because deals were

00:25:38.519 --> 00:25:41.180
coming in every week, every month. That's how

00:25:41.180 --> 00:25:43.200
you stayed in touch. You stayed in touch at dinner,

00:25:43.259 --> 00:25:46.759
at lunch, at happy hour, whatever. it was almost

00:25:46.759 --> 00:25:49.660
like an effortless relationship. And so if you

00:25:49.660 --> 00:25:52.920
find yourself like scratching and clawing and

00:25:52.920 --> 00:25:57.579
trying and let it go, it will never, it's like

00:25:57.579 --> 00:25:59.240
any relationship. I don't care if it's friendships,

00:25:59.339 --> 00:26:01.779
romantic, whatever. If you're trying too hard,

00:26:01.859 --> 00:26:04.819
it isn't meant to be. And you're losing the opportunity

00:26:04.819 --> 00:26:07.940
cost to find something that will work out without

00:26:07.940 --> 00:26:12.000
any effort and it's enjoyable. All right, good.

00:26:12.099 --> 00:26:15.359
Okay, so let's bring this podcast full circle.

00:26:15.980 --> 00:26:19.200
and look a little bit into the future. If you

00:26:19.200 --> 00:26:22.380
had to give one piece of advice to someone who's

00:26:22.380 --> 00:26:25.759
currently overwhelmed by both their work hours

00:26:25.759 --> 00:26:29.160
and their networking efforts, what's the first

00:26:29.160 --> 00:26:33.660
most freeing step they should take today? The

00:26:33.660 --> 00:26:36.779
first thing I would examine is what are you selling?

00:26:37.279 --> 00:26:40.819
Like really, what are you selling? Because usually

00:26:40.819 --> 00:26:43.539
the time suck is either explaining what you're

00:26:43.539 --> 00:26:47.920
selling. doing demos on what you're saying, trying

00:26:47.920 --> 00:26:49.819
to convince people about what you're selling.

00:26:51.720 --> 00:26:56.000
If you re -examine exactly what you sell, typically,

00:26:56.000 --> 00:26:58.420
and you pick a better vehicle to get you where

00:26:58.420 --> 00:27:01.059
you want to go, that will free up 80 % of your

00:27:01.059 --> 00:27:04.119
time. It's usually you're just chasing your tail,

00:27:04.299 --> 00:27:06.099
trying to sell something that's hard to sell

00:27:06.099 --> 00:27:10.119
just because you've always sold it. So that would

00:27:10.119 --> 00:27:11.940
be the one thing I would think about is re -examine

00:27:11.940 --> 00:27:14.849
what you're selling. and find a better, more

00:27:14.849 --> 00:27:19.390
lucrative, more seamless, simple thing. Okay.

00:27:19.630 --> 00:27:23.769
Listen, Jermaine, this was great. It really showed

00:27:23.769 --> 00:27:27.869
somebody or my listeners exactly how to, not

00:27:27.869 --> 00:27:30.869
exactly, but almost exactly, how to trim their

00:27:30.869 --> 00:27:36.130
day down from 16 to 14 to 10 to 8, and hopefully

00:27:36.130 --> 00:27:39.990
at about four hours a day. Myself, I am not...

00:27:40.809 --> 00:27:43.710
I work at least 10 hours a day on one thing or

00:27:43.710 --> 00:27:47.470
another. I have a few hands in a few pots, so

00:27:47.470 --> 00:27:50.269
it's not just one business, but I understand

00:27:50.269 --> 00:27:53.069
what you're saying because I can't go on this

00:27:53.069 --> 00:27:56.049
forever. So I have to focus a little bit more.

00:27:56.410 --> 00:27:59.049
If somebody wanted to get hold of you, either

00:27:59.049 --> 00:28:02.109
to learn about the system, your hours, or to

00:28:02.109 --> 00:28:04.730
be coached by you, what's the best way that they

00:28:04.730 --> 00:28:07.680
can get hold of you? Yeah, they should go to

00:28:07.680 --> 00:28:10.339
my website. It's creatorslearn .com, just like

00:28:10.339 --> 00:28:13.240
creators of the universe, learn .com. And I have

00:28:13.240 --> 00:28:15.920
a mini course on there where it goes over like

00:28:15.920 --> 00:28:18.779
how to rethink what you sell and who you sell

00:28:18.779 --> 00:28:21.579
it to. And so I talk about these five characteristics

00:28:21.579 --> 00:28:24.640
of the ideal product or service and the four

00:28:24.640 --> 00:28:27.319
characteristics of your ideal client. And then

00:28:27.319 --> 00:28:29.640
once you figure out that, we can figure out,

00:28:29.660 --> 00:28:32.640
okay, where do you find your strategic partners

00:28:32.640 --> 00:28:34.440
to do all the selling for you, what we talked

00:28:34.440 --> 00:28:37.680
about here. I also have a cool dream income lifestyle

00:28:37.680 --> 00:28:39.759
calculator because a lot of people think I need

00:28:39.759 --> 00:28:41.539
to have a million dollars a year to be financially

00:28:41.539 --> 00:28:44.339
free. And you actually put pen to paper and actually

00:28:44.339 --> 00:28:47.000
have an Excel calculator that shows you that

00:28:47.000 --> 00:28:48.980
you can live like a king on half a million dollars

00:28:48.980 --> 00:28:50.880
a year, which is only 50 grand a month, which

00:28:50.880 --> 00:28:53.440
is not crazy. Yeah, they can check that out at

00:28:53.440 --> 00:28:55.660
Creators Learn. I'm very active on LinkedIn as

00:28:55.660 --> 00:28:57.779
well. So looking forward to connecting with people.

00:28:58.769 --> 00:29:01.829
Okay, great. Jermaine, thank you so much for

00:29:01.829 --> 00:29:04.329
coming on the podcast, and I look forward to

00:29:04.329 --> 00:29:07.049
speaking with you soon. Great. Thanks, Michael.

00:29:10.329 --> 00:29:14.329
Well, hold on, folks. Don't go anywhere. Let's

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hear from our sponsors. David Neal, co -founder,

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To learn more, go to revvedupkids .org. Henry

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Kaplan, Century 21. When it comes to making the

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it in the hands of a proven professional, Henry

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Century 21, celebrating his 41st year in business.

00:29:53.970 --> 00:29:56.470
No matter where you're moving, Henry has the

00:29:56.470 --> 00:29:59.690
right connections for you. You can contact Henry

00:29:59.690 --> 00:30:07.940
at 561 -427 -4888. All right, folks. A huge thank

00:30:07.940 --> 00:30:09.940
you to our guests for sharing such incredible

00:30:09.940 --> 00:30:13.440
insights today. And of course, a big shout out

00:30:13.440 --> 00:30:16.740
to you, our amazing listeners, for tuning in

00:30:16.740 --> 00:30:19.660
and spending your time with us. If you're interested

00:30:19.660 --> 00:30:23.039
in my digital courses, being coached, or having

00:30:23.039 --> 00:30:26.140
me come and talk to your company, just go to

00:30:26.140 --> 00:30:29.380
Michael and fill out the request form. Remember,

00:30:29.720 --> 00:30:33.019
networking isn't about being perfect. It's about

00:30:33.019 --> 00:30:35.940
being present. So take what you've learned today.

00:30:36.349 --> 00:30:38.769
get out there, and make some meaningful connections.

00:30:39.329 --> 00:30:42.369
If you've enjoyed this episode, please don't

00:30:42.369 --> 00:30:45.710
forget to subscribe, leave us a review, and share

00:30:45.710 --> 00:30:47.930
it with someone who could use a little networking

00:30:47.930 --> 00:30:50.930
inspiration. Let's keep the conversation going.

00:30:51.170 --> 00:30:55.609
You can find me on Apple, Spotify, Pandora, YouTube,

00:30:55.809 --> 00:31:00.470
or my website, foreman .com slash podcasts.
