The 3 Wins Podcast: Recent Episodes
Legacy Advisory Partners
In this episode, we sit down with Brandt Brereton, the general partner at Perpetuate Capital (https://www.perpetuatecapital.com/), a firm that provides succession and growth capital to small and medium-sized businesses, primarily through ESOP transactions.We kick things off by talking about The 3 Wins financial model designed for business owners and founders. We discuss the importance of keeping The 3 Wins in balance—the financial legacy for the shareholder, the win for the company, and the win for key leaders—for your company to achieve lasting success. Learn how forecasting strategies, understanding stakeholders, and incentivizing key people can make a difference in your business. We also explore how being a steward can bring God's financial blessing to your business. Next, we delve into the intriguing world of ESOPs or Employee Stock Ownership Plans. We break down the benefits of using an ESOP to ensure your business has a lasting kingdom impact, while maintaining control of the board of directors and preserving the culture of the business. We examine the structure of ESOPs and how they can provide a tax shield for businesses. Plus, we take a close look at the emotional, physical, spiritual, wisdom, family, and financial costs of profit.In the final part of our discussion, we tackle the topic of succession planning and the challenges that business owners face when transitioning out of their businesses. We offer potential solutions such as finding outside successors, forming a team to carry the business forward, and appointing a CEO for a transition period. Don't miss this engaging conversation packed with insights and strategies that can make a difference in your business. Listen in as we demystify the ESOP process, reveal the importance of transparency, and discuss how to create a lasting kingdom impact with your business.Subscribe to The 3 Wins 👉https://the3wins.substack.com/ Resources from The 3 WinsTo learn more about how to apply The 3 Wins Framework in your business, download our FREE whitepaper, “The 3 Wins: How to Unleash the Collaboration Effect on Profits in Your Company,” here: https://www.legacyadvisorypartners.co... “The Great 8: A New Paradigm for Leadership,” by J. David Harper, Jr., CEO of Legacy Advisory Partners: https://www.amazon.com/Great-New-Para... SUBSCRIBETo our Substack to receive each episode (and its key takeaways) in your inbox: https://the3wins.substack.com/ To our YouTube channel: / @legacyadvisorypartners7225 CONNECT WITH OUR HOSTRuss Clemmer, president of Legacy Advisory PartnersRuss Clemmer on LinkedIn: / russclemmer The 3 Wins Podcast is presented by Legacy Advisory Partners: https://www.legacyadvisorypartners.com/CONNECT WITH OUR PRODUCERSean Lyden, CEO, Lyden Communications: www.SystematicSelling.co Sean Lyden on LinkedIn: / seanlyden DISCLAIMERThe 3 Wins Podcast is brought to you by Legacy Advisory Partners.Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer member FINRA/SIPC. Advisory services through Investment Advisor Representatives of Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Cambridge and Legacy Advisory Partners are not affiliated. Perpetuate Capital is not affiliated with Cambridge or Legacy Advisory Partners.
Does your company have the right leaders in place?
How can you ensure that these key players stay motivated and committed to driving your business toward success?
Join us as we tackle the tough questions and share our insights on nurturing and retaining the key leaders in your company.
We’ll explore the philosophy of abundance and its significance in shaping your business model and your leadership team.
As the company owner, it's crucial to create an environment that encourages growth, and that's what we'll delve into. From identifying the leaders that are truly worth keeping to learning how to delegate effectively, we've got you covered. We'll also discuss how you can reward your key leaders, ensuring that they share in the success they help to create.
We’ll talk about how the Beatitudes in Matthew 5 apply to developing virtuous leaders in your company. We'll touch on the parable of the fig tree from Luke 13 and its application in evaluating a leader's potential for rehabilitation. So, get ready to dive into these rich insights and strategies to strengthen your leadership team and ensure your company's success. Tune in, learn, and lead!
Episode Highlights (0:00:05) - Retaining Key Leaders in Your Company Identifying, growing, rewarding and retaining key leaders, understanding the person behind the leader, and my background in education are discussed.
(0:14:54) - Leading With the Philosophy of Abundance We discuss company phases, key leader retention, abundance philosophy, self-assessment, business model sustainability, and delegation.
(0:24:24) - Identifying Leaders Worth Retaining We seek a leader with an owner-minded vision, growth mindset, and virtuous decision-making.
(0:31:06) - Empathy, Accountability, and Retaining Leaders Empathy, accountability, busyness, leadership, and the fig tree parable are discussed to promote teamwork and collaboration.
(0:40:52) - Retaining Leaders Through Vision and Participation Provide leadership and team work training, build the vision, collaborate on the vision, reward and retain key players, and create an incentive plan.
(0:54:22) - Developing Key Leaders in a Company We discuss transitioning key leaders with dignity, respect and company interests.
Subscribe to The 3 Wins 👉https://the3wins.substack.com/
Resources from The 3 Wins To learn more about how to apply The 3 Wins Framework in your business, download our FREE whitepaper, “The 3 Wins: How to Unleash the Collaboration Effect on Profits in Your Company,” here: https://www.legacyadvisorypartners.com/signup-for-free-book-download.html#gref “The Great 8: A New Paradigm for Leadership,” by J. David Harper, Jr., CEO of Legacy Advisory Partners: https://www.amazon.com/Great-New-Paradigm-Leadership/dp/0986233609 SUBSCRIBE To our Substack to receive each episode (and its key takeaways) in your inbox: https://the3wins.substack.com/
To our YouTube channel: https://www.youtube.com/channel/UCZZsW7NF3RlOC7wfTAVGOsw?sub_confirmation=1
CONNECT WITH OUR HOST Russ Clemmer, president of Legacy Advisory Partners Russ Clemmer on LinkedIn: https://www.linkedin.com/in/russclemmer/ The 3 Wins Podcast is presented by Legacy Advisory Partners: https://www.legacyadvisorypartners.com/
CONNECT WITH OUR PRODUCER Sean Lyden, CEO, Lyden Communications: www.SystematicSelling.co Sean Lyden on LinkedIn: https://www.linkedin.com/in/seanlyden/
DISCLAIMER The 3 Wins Podcast is brought to you by Legacy Advisory Partners.
Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer member FINRA/SIPC. Advisory services through Investment Advisor Representatives of Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Cambridge and Legacy Advisory Partners are not affiliated.
Our guest, Damon West, was once a promising Div. 1 quarterback. But his life took a drastic turn, spiraling into drug addiction and crime, leading him to a life sentence in prison.
It was at this lowest point that he found his path to redemption. Since being released on parole in 2016, Damon has made it his mission to share his powerful lesson of The Coffee Bean, a symbol of inherent hope and potential within us all.
Join us as Damon, now a best-selling author and keynote speaker, talks about his journey, his moment of enlightenment inspired by an unlikely prison mentor, and his ongoing commitment to helping others find their way out of their darkness.
And check out his book, "The Change Agent: How a Former College QB Sentenced to Life in Prison Transformed His World."
Subscribe to The 3 Wins 👉https://the3wins.substack.com/
ADDITIONAL RESOURCES: Check out Damon’s best-selling books: "The Change Agent: How a Former College QB Sentenced to Life in Prison Transformed His World": https://www.goodreads.com/book/show/42299819-the-change-agent “The Coffee Bean: Simple Lessons to Create Positive Change”: https://coffeebeanbook.com/ "Coffee Bean for Kids: A Simple Lesson to Create Positive Change": https://www.goodreads.com/book/show/54422643-the-coffee-bean-for-kids Learn about the James Lynn II #BeaCoffeeBean scholarship: https://bold.org/scholarships/james-lynn-baker-ii-beacoffeebean-scholarship/ Watch WFAA-TV’s powerful story of a life transformed: https://www.wfaa.com/article/features/originals/former-uptown-burglar-finds-coffee-bean-inmate-saved-his-life/287-6f9312ce-e518-4a85-af7b-65efed5decd8 More about Oswald Chambers’ take on faith and walking with God: https://utmost.org/classic/the-way-of-abraham-in-faith-classic/
RESOURCES FROM THE 3 WINS To learn more about how to apply The 3 Wins Framework in your business, download our FREE whitepaper, “The 3 Wins: How to Unleash the Collaboration Effect on Profits in Your Company,” here: https://www.legacyadvisorypartners.com/signup-for-free-book-download.html#gref “The Great 8: A New Paradigm for Leadership,” by J. David Harper, Jr., CEO of Legacy Advisory Partners: https://www.amazon.com/Great-New-Paradigm-Leadership/dp/0986233609 SUBSCRIBE To our Substack to receive each episode (and its key takeaways) in your inbox: https://the3wins.substack.com/
To our YouTube channel: https://www.youtube.com/channel/UCZZsW7NF3RlOC7wfTAVGOsw?sub_confirmation=1
CONNECT WITH OUR GUEST Damon West On LinkedIn: https://www.linkedin.com/in/damon-west-685168152/ https://damonwest.org/
CONNECT WITH OUR HOST Russ Clemmer, president of Legacy Advisory Partners Russ Clemmer on LinkedIn: https://www.linkedin.com/in/russclemmer/ The 3 Wins Podcast is presented by Legacy Advisory Partners: https://www.legacyadvisorypartners.com/
CONNECT WITH OUR PRODUCER Sean Lyden, CEO, Lyden Communications: www.SystematicSelling.co Sean Lyden on LinkedIn: https://www.linkedin.com/in/seanlyden/
DISCLAIMER The 3 Wins Podcast is brought to you by Legacy Advisory Partners.
Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer member FINRA/SIPC. Advisory services through Investment Advisor Representatives of Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Cambridge and Legacy Advisory Partners are not affiliated.
In Episode 38 of The 3 Wins Podcast, Russ speaks with William Warren, an author, artist, and Founder and CEO of The Sketch Effect, an Atlanta-based visual communications company.
We discuss William’s new book, “The Conquering Creative: 9 Shifts to Build an Unstoppable Creative Business.”
William talks about how businesses can benefit from communicating with images, how to succeed as a creative entrepreneur, and how to continue growing after you’ve “conquered business.”
Key message: “Creative people especially need help. People like me, if you want to make a living as a creative, you just need some help…I hope this [book] will help people to find fulfillment and find work that they love to do and be excellent at it.” – William Warren
Key Insights: ✅Success as a creative entrepreneur requires a shift in thinking and actions. ✅Financial acumen is vital for business sustainability. ✅Conquering business is just the start—embrace strategic, long-term thinking. ✅Leverage the power of visual learning for success. ✅Perfecting your product involves consistent trial and error.
Subscribe 👉https://the3wins.substack.com/
Resources Mentioned: The Sketch Effect: https://thesketcheffect.com “The Conquering Creative” by William Warren: https://bit.ly/3N0uiAj Watch Ep 37 with Henry Hays: https://www.youtube.com/watch?v=Lyi87FxcDDg “Death by Meeting” by Patrick Lencioni: https://bit.ly/42uiQ5t “Building a StoryBrand” by Donald Miller: https://bit.ly/3WV3d5W
Additional Resources: To learn more about how to apply The 3 Wins Framework in your business, download our FREE whitepaper, “The 3 Wins: How to Unleash the Collaboration Effect on Profits in Your Company,” here: https://www.legacyadvisorypartners.com/signup-for-free-book-download.html#gref The Great 8: A New Paradigm for Leadership, by J. David Harper, Jr., CEO of Legacy Advisory Partners: https://www.amazon.com/Great-New-Paradigm-Leadership/dp/0986233609 Subscribe: To our Substack to receive each episode (and its key takeaways) in your inbox: https://the3wins.substack.com/
To our YouTube channel: https://www.youtube.com/channel/UCZZsW7NF3RlOC7wfTAVGOsw?sub_confirmation=1
Connect with our Guest William Warren On LinkedIn: https://www.linkedin.com/in/william-warren-83101586 The Sketch Effect: https://thesketcheffect.com
Connect with our Host: Russ Clemmer, president of Legacy Advisory Partners Russ Clemmer on LinkedIn: https://www.linkedin.com/in/russclemmer/ The 3 Wins Podcast is presented by Legacy Advisory Partners: https://www.legacyadvisorypartners.com/
Connect with our Producer: Sean Lyden, CEO, Lyden Communications: www.SystematicSelling.co Sean Lyden on LinkedIn: https://www.linkedin.com/in/seanlyden/
Disclaimer: The 3 Wins Podcast is brought to you by Legacy Advisory Partners.
Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer member FINRA/SIPC. Advisory services through Investment Advisor Representatives of Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Cambridge and Legacy Advisory Partners are not affiliated.
In episode 37 of The 3 Wins Podcast, join Russ and his guest, Henry Hays, a renowned disruption specialist, consultant, keynote speaker, and co-founder of DisruptREADY. Discover how Henry equips CEOs and executive teams to seize opportunities in emerging technologies, rapidly adapt their business models, and thrive in the tech-driven world.Listen in as Henry shares powerful disruption strategies that can exponentially grow your business and help you thrive in a rapidly evolving, competitive landscape.Key message: As a leader, you must embrace change, understand its impact on your organization, and actively participate in it.Episode Highlights & Takeaways:Explore prominent historical examples of disruption and why it's essential for business success.Understand the psychology of change and how age affects our response to it.Learn about ChatGPT and how AI can transform businesses, making them more efficient and disruptive.Discover why adopting blockchain technology in the next six months will put you ahead in the finance industry as it moves to Web3.Recognize the importance of education in fostering the adoption of innovative technologies.Identify which industries are poised to benefit most from disruption, including finance, education, and healthcare.Delve into the importance of discussing change management in organizations pursuing disruptive strategies, starting with a clear "why."Appreciate the role of technology in serving others and sharing meaningful stories.Subscribe 👉https://the3wins.substack.com/ Resources Mentioned in the Episode:Listen to Ep 22 with Phil Nicaud: https://apple.co/40oo55H Learn more about DisruptREADY: https://disruptready.comAdditional Resources:To learn more about how to apply The 3 Wins Framework in your business, download our FREE whitepaper, “The 3 Wins: How to Unleash the Collaboration Effect on Profits in Your Company,” here: https://www.legacyadvisorypartners.com/signup-for-free-book-download.html#gref The Great 8: A New Paradigm for Leadership, by J. David Harper, Jr., CEO of Legacy Advisory Partners: https://www.amazon.com/Great-New-Paradigm-Leadership/dp/0986233609 Subscribe: To our Substack to receive each episode (and its key takeaways) in your inbox: https://the3wins.substack.com/ To our YouTube channel: https://www.youtube.com/channel/UCZZsW7NF3RlOC7wfTAVGOsw?sub_confirmation=1 Connect with our Guest:Henry Hays Consulting: https://henryhaysconsulting.comHenry Hays on LinkedIn: https://www.linkedin.com/in/henryhaysConnect with our Host:Russ Clemmer, president of Legacy Advisory PartnersRuss Clemmer on LinkedIn: https://www.linkedin.com/in/russclemmer/The 3 Wins Podcast is presented by Legacy Advisory Partners: https://www.legacyadvisorypartners.com/Connect with our Producer:Sean Lyden, CEO, Lyden Communications: www.SystematicSelling.co Sean Lyden on LinkedIn: https://www.linkedin.com/in/seanlyden/ Disclaimer: The 3 Wins Podcast is brought to you by Legacy Advisory Partners.Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer member FINRA/SIPC. Advisory services through Investment Advisor Representatives of Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Cambridge and Legacy Advisory Partners are not affiliated.
In episode 36 of The 3 Wins Podcast, Russ welcomes Greg Gunn, President of Family ID, a non-profit organization dedicated to helping people find their Intentional Direction. Greg shares his unique process to help individuals uncover their core values, mission, and vision.Greg’s passion for leading families to greater unity has evolved into a global mission to help any family, team, or organization develop a strong identity and live out that identity—both in business and life. If you’re ready to discover your life’s vision and mission, don’t miss this episode!Subscribe here: https://the3wins.substack.com/Resources Mentioned in the Episode:The 7 Habits of Highly Effective People by Stephen Covey: https://amzn.to/3l0v5r2 The Intentional Father: A Practical Guide to Raise Sons of Courage and Character by Jon Tyson: https://www.barna.com/intentionalfather-2When So Many Feel Like Orphans at Home by Joe White: https://amzn.to/3ZwYWpM. Additional Resources:To learn more about how to apply The 3 Wins Framework in your business, download our FREE whitepaper, “The 3 Wins: How to Unleash the Collaboration Effect on Profits in Your Company,” here: https://www.legacyadvisorypartners.com/signup-for-free-book-download.html#gref The Great 8: A New Paradigm for Leadership, by J. David Harper, Jr., CEO of Legacy Advisory Partners: https://www.amazon.com/Great-New-Paradigm-Leadership/dp/0986233609 Subscribe: To our Substack to receive each episode (and its key takeaways) in your inbox: https://the3wins.substack.com/ To our YouTube channel: https://www.youtube.com/channel/UCZZsW7NF3RlOC7wfTAVGOsw?sub_confirmation=1 Connect with our Guest:Greg Gunn: https://family-id.com/ Greg on LinkedIn: https://www.linkedin.com/in/gregcgunn/ Connect with our Host:Russ Clemmer, president of Legacy Advisory PartnersRuss Clemmer on LinkedIn: https://www.linkedin.com/in/russclemmer/The 3 Wins Podcast is presented by Legacy Advisory Partners: https://www.legacyadvisorypartners.com/Connect with our Producer:Sean Lyden, CEO, Lyden Communications: https://systematicselling.substack.com/ Sean Lyden on LinkedIn: https://www.linkedin.com/in/seanlyden/ Disclaimer: The 3 Wins Podcast is brought to you by Legacy Advisory Partners.Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer member FINRA/SIPC. Advisory services through Investment Advisor Representatives of Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Cambridge and Legacy Advisory Partners are not affiliated.
In episode 35 of The 3 Wins Podcast, Russ speaks with Brandon Schaefer, CEO and Founder of Five Capitals. Brandon is a leadership and team development expert. He helps guide business owners to lead their teams to be the best they can be.“The right coach with the right content with the right humility… you can take a level-five leader and bump them up to eight, to nine, even a 10.” – Brandon SchaeferBrandon became a Christian when he started college. Since then, he’s woven God’s leadership into his life and business career. Listen in to learn the ideas and methods he uses to develop leaders into business rock stars and their teams into powerhouses where they also stay on the path God created for them.Whether you’re a teacher, pastor, or CEO, you’ll walk away with actionable insights and advice to become a more influential leader who gets big things done through your team.Subscribe here: https://the3wins.substack.com/ Resources Mentioned:Build a Better Life by Brandon Schaefer: https://amzn.to/3DUj38F Listen to episode 33 with David Harper: https://apple.co/3Xd4vI5Hammock Coast Life: https://hammockcoastlife.com Connect with Five Capitals:Learn more about Five Capitals: https://fivecapitals.netListen to their Podcast: https://www.amazon.com/Caffeinate-by-Five-Capitals/dp/B0BFWTWZXY Facebook: https://www.facebook.com/fivecapitals Twitter: https://twitter.com/FiveCapitals LinkedIn: https://www.linkedin.com/company/fivecapitals Instagram: https://www.instagram.com/fivecapitalsSubscribe: To our Substack to receive each episode (and its key takeaways) in your inbox: https://the3wins.substack.com/ To our YouTube channel: https://www.youtube.com/channel/UCZZsW7NF3RlOC7wfTAVGOsw?sub_confirmation=1 Connect with the Guest:Brandon Schaefer: https://fivecapitals.netBrandon on LinkedIn: https://www.linkedin.com/in/brandon-schaefer-1a3a1931/ Connect with the Host:Russ Clemmer, president of Legacy Advisory PartnersRuss Clemmer on LinkedIn: https://www.linkedin.com/in/russclemmer/The 3 Wins Podcast is presented by Legacy Advisory Partners: https://www.legacyadvisorypartners.com/Connect with the Producer:Sean Lyden, CEO, Lyden CommunicationsSean Lyden on LinkedIn: https://www.linkedin.com/in/seanlyden/ The 3 Wins is produced by Lyden Communications LLC: https://strategyandstorytelling.com/ The 3 Wins Podcast is brought to you by Legacy Advisory Partners: https://www.legacyadvisorypartners.com/To learn more about how to apply The 3 Wins Framework in your business, download our FREE whitepaper, “The 3 Wins: How to Unleash the Collaboration Effect on Profits in Your Company” here: https://www.legacyadvisorypartners.com/signup-for-free-book-download.htmlThe Great 8: A New Paradigm for Leadership, by J. David Harper, Jr., CEO of Legacy Advisory Partnershttps://www.amazon.com/Great-New-Paradigm-Leadership/dp/0986233609Disclaimer: Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer member FINRA/SIPC. Advisory services through Investment Advisor Representatives of Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Cambridge and Legacy Advisory Partners are not affiliated.
Unlock the secrets to becoming a successful leader with the latest episode of The 3 Wins Podcast! Russ sits down with Joshua Culp, a business owner and Lieutenant Colonel of the Louisiana National Guard, to share his top lessons in leadership from his experiences in business, military, and family.Join Russ and Joshua as they delve into the heart of what it means to lead with integrity and empathy. From Joshua's deployments overseas and state and federal emergencies, including the Deepwater Horizon oil spill and hurricanes, he's learned what it takes to cultivate resilience and patience.Discover the value of embracing failure and establishing a vision for your organization. Joshua shares his insights on tapping into the strength of vulnerability and overcoming the fear of being vulnerable. He also gives you a sneak peek into the unique world of the National Guard, where members often have other jobs, and the responsibilities they carry.With Joshua's unique approach to evaluating strengths and weaknesses, you'll learn how to develop your leadership skills and lead with integrity and empathy.Don't forget to subscribe to the podcast email newsletter to never miss an episode of The 3 Wins Podcast! Subscribe here: https://the3wins.substack.com/ Key Highlights & Takeaways:Cultivating resilience and patience helped Joshua grow as a leader in his early 20s. Listen in to learn about the changes he experienced after becoming a military officer and the power of learning from your network of peers and superiors.Don’t be ashamed of your mistakes; teach from them. “You learn more by failure than by winning, and so, I like to think I pass on a lot of experiences based on things that didn’t go right.”Tap into the strength of vulnerability. Why aren’t people vulnerable? Why is vulnerability important, even for military officers? How do you get others to be vulnerable with you? Listen in to hear Joshua’s candid answers.Joshua shares his specific approach to evaluating the strengths and weaknesses of others and developing their leadership skills. Russ highlights the importance of humility and accountability when leading others.Something unique about the National Guard is many members have other jobs. Joshua gives you a peek behind the scenes of a part-time guardsman’s service and responsibilities.Being aware of, accepting, and controlling your emotions is one of the most powerful skills you can grow as a leader, a father, and a husband. But how do you master your emotions? Resources Mentioned:How to Win Friends & Influence People by Dale Carnegie: https://amzn.to/3XDCpXLThe One Minute Manager by Kenneth Blanchard, Ph.D., and Spencer Johnson, MD: https://amzn.to/3ZKRpEp The Power of Habit: Why We Do What We Do in Life and Business by Charles Duhigg: https://amzn.to/3QNL72ZThe 3 Wins Podcast is brought to you by Legacy Advisory Partners: https://www.legacyadvisorypartners.com/Subscribe: To our Substack to receive each episode (and its key takeaways) in your inbox: https://the3wins.substack.com/ To our YouTube channel: https://www.youtube.com/channel/UCZZsW7NF3RlOC7wfTAVGOsw?sub_confirmation=1 Connect with the Guest:Joshua Culp: https://www.hammerdubs.com/ Joshua on LinkedIn: https://www.linkedin.com/in/joshua-culp-4560a421/ Connect with the Host:Russ Clemmer, president of Legacy Advisory PartnersRuss Clemmer on LinkedIn: https://www.linkedin.com/in/russclemmer/The 3 Wins Podcast is presented by Legacy Advisory Partners: https://www.legacyadvisorypartners.com/
How can you ensure a smooth “exchange” when passing the baton of business ownership to the next generation?Hopefully, this podcast episode can help.Today, Russ Clemmer sits down with his father-in-law David Harper, Founder and CEO of Legacy Advisory Partners, to discuss the ins and outs of passing the business on to the next generation.Listen in as David explains how to hand over the reins of ownership in a timely and suitable way, and how the next generation can take over the role as smoothly as possible—incorporating their own values and personal leadership style, all while respecting the company culture and structure they are inheriting.Russ also offers his thoughts on the unique relationship between two generations of leaders in a family business and how to minimize the potential friction that inevitably crops up every now and again in such a relationship.Finally, David talks about the importance of virtues, such as acceptance, integrity, peacemaking, and communication, to ensure continued success and long-term growth following the passing of the torch from one generation to the next.Don't miss this episode if you’re a founder who cares about setting up your company for success with your next-generation leadership!Key Takeaways:—(01:45) Passing the baton to the next generation is, more often than not, done poorly. —(06:56) One of the main traits that determine the suitability of a company’s successor is how well other people in the organization recognize their leadership capability.—(11:42) There should be equality between how Gen 1 and Gen 2 express themselves as company leaders. —(18:17) In case of a crisis in which the previous generation cannot go through the gradual ownership transition (due to the owner’s death, for example), there are three factors to consider.—(21:42) Long-term success following a transition of ownership relies on four elements.Connect with the Guest:David Harper, founder and CEO of Legacy Advisory Partners: David on LinkedIn: https://www.linkedin.com/in/jdharperjr/ Connect with the Host:Russ Clemmer, president of Legacy Advisory PartnersRuss Clemmer on LinkedIn: https://www.linkedin.com/in/russclemmer/The 3 Wins Podcast is presented by Legacy Advisory Partners: https://www.legacyadvisorypartners.com/Connect with the Producer:Sean Lyden, CEO, Lyden CommunicationsSean Lyden on LinkedIn: https://www.linkedin.com/in/seanlyden/ The 3 Wins is produced by Lyden Communications LLC: https://strategyandstorytelling.com/ To learn more about how to apply The 3 Wins Framework in your business, download our FREE whitepaper, “The 3 Wins: How to Unleash the Collaboration Effect on Profits in Your Company” here: https://www.legacyadvisorypartners.com/signup-for-free-book-download.htmlThe Great 8: A New Paradigm for Leadership, by J. David Harper, Jr., CEO of Legacy Advisory Partnershttps://www.amazon.com/Great-New-Paradigm-Leadership/dp/0986233609Disclaimer: Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer member FINRA/SIPC. Advisory services through Investment Advisor Representatives of Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Cambridge and Legacy Advisory Partners are not affiliated.
In Episode 32 of The 3 Wins Podcast, we sit down with Larry Cox, managing partner at CoxNichols, LLC, a consulting company that supports families in finding joy in fulfilling their altruistic goals. Larry works with philanthropists on strategic planning, developing systems and processes, and generational succession.
Don't miss this episode if you’re a business leader who cares about building an enduring, multi-generational legacy!
Episode Highlights
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Focus on values vs. valuables. (03:26) When discussing leaving a legacy, many families focus on their valuables rather than their values. It’s important to discuss your family values so that the legacy you leave comes from your heart rather than your monetary wealth.
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View your business as a mission field. (17:06) We don’t typically think of business owners when we hear the word “missionary”. But there is so much value in teaching the skills of entrepreneurship, investing, and money management skills to people of all stripes—and helping them grow in their faith as business owners.
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Shift your thinking from “giving” to “sharing.” (20:17) Try using the word “share” rather than “give”. Even if it’s merely psychological, “giving” can make us feel a lack of true engagement or even fulfillment for the act; whereas “sharing” something implies a mutual element. Sharing connects our head, our heart, and our hands to those we touch.
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Live your legacy NOW. (24:41) It’s never too early to think about the impact you want to make on this earth. Legacy is not about what comes after you die. You need to live your legacy now.
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Embrace stewardship. (32:18) Stewardship means “to take care of something that does not belong to you.” We are stewards of God’s resources. We need to teach our children to appreciate and practice generosity, particularly through the lens of stewardship.
Connect with the Guest: Larry Cox, a managing partner at CoxNichols, LLC: www.perfectingphilanthropy.com Larry on LinkedIn: https://www.linkedin.com/in/jcox3/
Connect with the Host: Russ Clemmer, president of Legacy Advisory Partners Russ Clemmer on LinkedIn: https://www.linkedin.com/in/russclemmer/ The 3 Wins Podcast is presented by Legacy Advisory Partners: https://www.legacyadvisorypartners.com/
Connect with the Producer: Sean Lyden, CEO, Lyden Communications Sean Lyden on LinkedIn: https://www.linkedin.com/in/seanlyden/ The 3 Wins is produced by Lyden Communications LLC: https://strategyandstorytelling.com/
To learn more about how to apply The 3 Wins Framework in your business, download our FREE whitepaper, “The 3 Wins: How to Unleash the Collaboration Effect on Profits in Your Company” here: https://www.legacyadvisorypartners.com/signup-for-free-book-download.html
The Great 8: A New Paradigm for Leadership, by J. David Harper, Jr., CEO of Legacy Advisory Partners https://www.amazon.com/Great-New-Paradigm-Leadership/dp/0986233609
Disclaimer: Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer member FINRA/SIPC. Advisory services through Investment Advisor Representatives of Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Cambridge and Legacy Advisory Partners are not affiliated.
In Episode 31 of The 3 Wins Podcast, we sit down with Dean Niewolny, Chairman of the Board at Halftime Institute, an organization that equips leaders for success in their next “season” in life as defined by joy, impact, and balance.
Dean is also a principal at the Atlanta-based consulting firm GXG and the author of the book, “Trade Up: How to Move from Just Making Money to Making a Difference.”
Before joining the Halftime Institute in 2010, Dean spent 23 years in executive roles with three of Wall Street’s largest financial firms.
He discusses his journey to becoming the CEO and Chairman of the Halftime Institute, beginning with the “chance” meeting with a pastor who brought him to Christ.
“My whole life shifted from thinking all about ‘Dean’ to all about, ‘How can I serve others? And how can God use me to serve others?’” Dean said.
He also deep dives into the idea of finding and following your calling. As Dean puts it: “If you don’t follow your calling, the world is missing out on your contribution because no one has the exact same calling as you.”
Don't miss this episode if you’re a business leader who cares deeply about doing more than just making money!
Episode Highlights Here are a few highlights from Episode 31 with Dean Niewolny:
(03:54) Dean reminds us that one of the most important things we need to track is how much impact we make as a company. He has found that the best way to do this is by keeping a “Book of Days” where—similar to a journal—you write about the challenges you’ve overcome, the growth you’ve experienced, and the goals you’ve set for yourself.
(16:31) “Halftime” does not necessarily equate to “mid-life.” Instead, it means “season of life.”
(22:12) The “journey of the head” is about superficial rewards—money, reputation, power, etc. But the “journey of the heart” is a calling to serve others. There is nothing more satisfying than making an impact in someone’s life—and age is irrelevant when it comes to making that impact.
(30:00) Your identity is in Christ, not your title or job.
(48:24) If you’re currently at the starting line of your career, shadow someone who has reached your goal.
Connect with the Guest: Dean Niewolny, Chairman, Halftime Institute: https://halftimeinstitute.org/team/speakers/dean-niewolny/ Dean on LinkedIn: https://www.linkedin.com/in/deanniewolny/ Dean’s book: Trade Up: How to Move from Just Making Money to Making a Difference: https://www.amazon.com/Trade-Up-Making-Money-Difference/dp/0801019583
Connect with the Host: Russ Clemmer, president of Legacy Advisory Partners Russ Clemmer on LinkedIn: https://www.linkedin.com/in/russclemmer/ The 3 Wins Podcast is presented by Legacy Advisory Partners: https://www.legacyadvisorypartners.com/
Connect with the Producer: Sean Lyden, CEO, Lyden Communications Sean Lyden on LinkedIn: https://www.linkedin.com/in/seanlyden/ The 3 Wins is produced by Lyden Communications LLC: https://strategyandstorytelling.com/
To learn more about how to apply The 3 Wins Framework in your business, download our FREE whitepaper, “The 3 Wins: How to Unleash the Collaboration Effect on Profits in Your Company” here: https://www.legacyadvisorypartners.com/signup-for-free-book-download.html
The Great 8: A New Paradigm for Leadership, by J. David Harper, Jr., CEO of Legacy Advisory Partners https://www.amazon.com/Great-New-Paradigm-Leadership/dp/0986233609
Disclaimer: Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer member FINRA/SIPC. Advisory services through Investment Advisor Representatives of Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Cambridge and Legacy Advisory Partners are not affiliated.’
If you’re a solopreneur or high-income 1099 professional, you should take advantage of every opportunity to save for retirement. But you don’t want the IRS to take more of your hard-earned money than they need to as you save.
So, how can you put more money toward retirement while minimizing your tax burden?
In Episode 30 of The 3 Wins Podcast, Legacy’s Russ Clemmer sits down with Matt Joines, a Certified Financial Planner and member of Legacy’s senior leadership team.
Russ and Matt discuss how solopreneurs, like you, could be in a position to increase their pre-tax retirement savings above the 401k limits by several hundred percent annually.
This episode is a must-watch if you want to learn about strategies to potentially raise your pre-tax savings limits!
Russ and Matt talk about…
✅ Thinking beyond the 401k for pre-tax retirement savings.
✅ How profit sharing and cash balance plans could exponentially increase your pre-tax savings limits.
✅ How smart retirement planning begins by knowing your numbers.
qualifiedplans #retirementplans #financialservices #podcast
Connect with the Guest: Matt Joines, Certified Financial Planner, Legacy Advisory Partners Matt Joines on LinkedIn: https://www.linkedin.com/in/matthewjoines/
Connect with the Host: Russ Clemmer, president of Legacy Advisory Partners Russ Clemmer on LinkedIn: https://www.linkedin.com/in/russclemmer/ The 3 Wins Podcast is presented by Legacy Advisory Partners: https://www.legacyadvisorypartners.com/
Connect with the Producer: Sean Lyden, CEO, Lyden Communications Sean Lyden on LinkedIn: https://www.linkedin.com/in/seanlyden/ The 3 Wins is produced by Lyden Communications LLC: https://strategyandstorytelling.com/
To learn more about how to apply The 3 Wins Framework in your business, download our FREE whitepaper, “The 3 Wins: How to Unleash the Collaboration Effect on Profits in Your Company” here: https://www.legacyadvisorypartners.com/signup-for-free-book-download.html
The Great 8: A New Paradigm for Leadership, by J. David Harper, Jr., CEO of Legacy Advisory Partners https://www.amazon.com/Great-New-Paradigm-Leadership/dp/0986233609
Disclaimer: Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer member FINRA/SIPC. Advisory services through Investment Advisor Representatives of Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Cambridge and Legacy Advisory Partners are not affiliated.’
The 401k is just one example of a qualified retirement plan.
There are other types of qualified plans business owners should consider, as well.
What are those plans? What’s the difference between them? And how can you design your overall retirement plan strategy for maximum benefit to employees, the company, and you?
In Episode 29 of #The3WinsPodcast, Russ Clemmer sits down with Nick Westmoreland who shares his insights and expertise.
Nick is a Qualified Plan Financial Consultant (QPFC) at ERISA Services, Inc., a third-party administrator focused on retirement plan design and tax-advantaged savings plans for small to mid-sized businesses.
You don’t want to miss this episode if you’re a business owner looking for new strategies to attract and retain employees in a tight labor market.
Nick talks about…
✅ Key questions to ask when designing a 401k plan.
✅ The difference between a defined contribution plan and a defined benefit plan.
✅ Who is a good fit for cash balance plans.
✅ How owners can help employees get the most out of their retirement plan.
✅ The importance of education when administrating qualified plans.
✅ How the greatest transfer of wealth from generation to generation is happening right now.
🎥Watch the full episode: https://youtu.be/W0E-MbIa-q8
qualifiedplans #retirementplans #financialservices #podcast
Connect with the Guest: Nick Westmoreland, partner at Erisa Services Nick Westmoreland on LinkedIn: https://www.linkedin.com/in/nick-westmoreland-qpfc-19929223/ Link to Erisa Services: https://www.erisaservices.com
Connect with the Host: Russ Clemmer, president of Legacy Advisory Partners Russ Clemmer on LinkedIn: https://www.linkedin.com/in/russclemmer/ The 3 Wins Podcast is presented by Legacy Advisory Partners: https://www.legacyadvisorypartners.com/
Connect with the Producer: Sean Lyden, CEO, Lyden Communications Sean Lyden on LinkedIn: https://www.linkedin.com/in/seanlyden/ The 3 Wins is produced by Lyden Communications LLC: https://strategyandstorytelling.com/
To learn more about how to apply The 3 Wins Framework in your business, download our FREE whitepaper, “The 3 Wins: How to Unleash the Collaboration Effect on Profits in Your Company” here: https://www.legacyadvisorypartners.com/signup-for-free-book-download.html
The Great 8: A New Paradigm for Leadership, by J. David Harper, Jr., CEO of Legacy Advisory Partners https://www.amazon.com/Great-New-Paradigm-Leadership/dp/0986233609
Disclaimer: Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. Cambridge and Legacy Advisory Partners are not affiliated.
Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Cambridge Investment Research, Inc., a registered Broker/ Dealer, Member FINRA/SIPC.
What was the “Burning Bush” moment in your life?
In Episode 28 of #The3WinsPodcast, Russ Clemmer sits down with Bill High who shares his story.
The “Burning Bush” refers to a Biblical story in the Book of Exodus that goes something like this. Flames grab Moses' attention. And when Moses turns toward the bush consumed by fire, he hears a voice. At that moment, God tells Moses to step out of his comfort zone and confront the Egyptian Pharoah. The mission: Tell the Pharaoh, “Let my people go.”
Bill’s "Burning Bush" moment in 2000 changed the trajectory of his life in a radical way. He felt God's call to leave the income and security of his job as an attorney. The mission: Step out on faith to start a new charitable foundation.
That new venture became The Signatry.
It has been more than two decades since Bill answered the call. Today, The Signatry has facilitated sending over $3.5 billion to world-changing causes.
You don’t want to miss this episode! Bill talks about…
✅ What a “Burning Bush” moment looks like in everyday life.
✅ His backstory—how the hardships he encountered after his dad died shaped his life.
✅ His faith journey.
✅ Why Bill left practicing law to start The Signatry in 2000.
✅ How God is “pleased by risk.”
✅ Donor-advised funds. What are they? How do they work? Why use them for high-impact charitable giving?
✅ Why are stories crucial to ensuring a smooth ownership transition of your company?
✅ His perspective on Legacy: “Legacy is not what you leave behind. Legacy is what you put in motion.”
🎥Watch the full episode: https://youtu.be/Uh18mP8vtFk
philanthropy #charitablegiving #donoradvisedfunds #financialservices #podcast
Connect with the Guest: Bill High, the executive chairman and founder at The Signatry Bill High on LinkedIn: https://www.linkedin.com/in/williamfh... Link to The Signatry: https://thesignatry.com/
Connect with the Host: Russ Clemmer, president of Legacy Advisory Partners Russ Clemmer on LinkedIn: https://www.linkedin.com/in/russclemmer/ The 3 Wins Podcast is presented by Legacy Advisory Partners: https://www.legacyadvisorypartners.com/
Connect with the Producer: Sean Lyden, CEO, Lyden Communications Sean Lyden on LinkedIn: https://www.linkedin.com/in/seanlyden/ The 3 Wins is produced by Lyden Communications LLC: https://strategyandstorytelling.com/
To learn more about how to apply The 3 Wins Framework in your business, download our FREE whitepaper, “The 3 Wins: How to Unleash the Collaboration Effect on Profits in Your Company” here: https://www.legacyadvisorypartners.co...
The Great 8: A New Paradigm for Leadership, by J. David Harper, Jr., CEO of Legacy Advisory Partners https://www.amazon.com/Great-New-Para...
Disclaimer: Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. Cambridge and Legacy Advisory Partners are not affiliated.
Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Cambridge Investment Research, Inc., a registered Broker/ Dealer, Member FINRA/SIPC.
In Episode 27 of #The3WinsPodcast, Russ Clemmer sits down with Doug Hurley, the founder and CEO at RethinkWork, a consulting and coaching firm that helps organizations attract and keep the best people, build and develop high-performing teams, and accelerate results.
Doug doesn’t talk about leadership from an academic or theoretical perspective; he lives it out.
He’s a battle-tested Special Operations soldier, officer, and pilot who deployed to Afghanistan/Iraq multiple times, resulting in several combat medals with valor.
He’s an experienced pastor providing coaching, mentoring, motivation, and direction to small group leaders and marketplace lay-leaders in order to lead people into a growing relationship with Jesus Christ.
And today, he’s a business owner, consultant, and coach who inspires business leaders to become the best leader they can be—guiding them to fully integrate their work and faith, with the goal of helping them create a transformational impact on their career and workplace.
You don’t want to miss this episode as Doug unpacks what it means to “rethink work” in the context of leadership, faith, and entrepreneurship.
He talks about…
✅ Why it’s important for leaders to “Know thyself”—If you’re not leading yourself well, you can’t lead other people well.
✅ The adjustments he had to make transitioning from leadership in the military to leading in the business world.
✅ The limitations and potential pitfalls to avoid with personality assessments.
✅ How “the Great Resignation” is indicative of a timeless problem: Work is drudgery.
✅ Why it’s critical for business owners to know the “magic number” in their business.
🎥Watch the full episode: [Insert YT link]
culture #leadership #collaboration #financialservices #podcast
Connect with the Guest: Doug Hurley, founder and CEO at Rethink Work Consulting & Coaching Doug Hurley on LinkedIn: https://rethinkyourwork.com/meet-doug Link to Rethink Work: https://rethinkyourwork.com/
Connect with the Host: Russ Clemmer, president of Legacy Advisory Partners Russ Clemmer on LinkedIn: https://www.linkedin.com/in/russclemmer/ The 3 Wins Podcast is presented by Legacy Advisory Partners: https://www.legacyadvisorypartners.com/
Connect with the Producer: Sean Lyden, CEO, Lyden Communications Sean Lyden on LinkedIn: https://www.linkedin.com/in/seanlyden/ The 3 Wins is produced by Lyden Communications LLC: https://strategyandstorytelling.com/
To learn more about how to apply The 3 Wins Framework in your business, download our FREE whitepaper, “The 3 Wins: How to Unleash the Collaboration Effect on Profits in Your Company” here: https://www.legacyadvisorypartners.co...
The Great 8: A New Paradigm for Leadership, by J. David Harper, Jr., CEO of Legacy Advisory Partners https://www.amazon.com/Great-New-Para...
Disclaimer: Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. Cambridge and Legacy Advisory Partners are not affiliated.
Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Cambridge Investment Research, Inc., a registered Broker/ Dealer, Member FINRA/SIPC.
In Episode 26 of #The3WinsPodcast, Russ Clemmer sits down with Chad Merrill, chairman at Impact 2:52, which owns and operates 17 baseball & soccer academies across the U.S. and also operates a business and leadership consulting company focused on helping companies remain healthy and strong.
Chad has a long history as a successful entrepreneur, having been involved in the creation and leadership of multiple businesses. He has also served as CEO at Fellowship of Companies for Christ International (FCCI).
Chad and I dive deep into what it means to be a faith-driven entrepreneur and unpack ideas for how to build your business on a strong foundation for long-term success.
We talk about…
✅ What the name “Impact 2:52” means and how it relates to the company's mission.
✅ Cost vs. culture: The challenges that come with a private equity acquirer.
✅ Lessons learned from the early days of the company.
✅ The need for leadership training to improve retention rates of younger workers.
✅ The vast impact you have on people’s lives as a business owner.
🎥Watch the full episode: https://youtu.be/MKRskosVc9E
culture #leadership #collaboration #financialservices #podcast
Connect with the Guest: Chad Merrill, chairman at Impact 2:52, LLC Chad Merrill on LinkedIn: https://www.linkedin.com/in/chad-merr... Link to Impact 2:52: https://www.impact252.com/
Connect with the Host: Russ Clemmer, president of Legacy Advisory Partners Russ Clemmer on LinkedIn: https://www.linkedin.com/in/russclemmer/ The 3 Wins Podcast is presented by Legacy Advisory Partners: https://www.legacyadvisorypartners.com/
Connect with the Producer: Sean Lyden, CEO, Lyden Communications Sean Lyden on LinkedIn: https://www.linkedin.com/in/seanlyden/ The 3 Wins is produced by Lyden Communications LLC: https://strategyandstorytelling.com/
To learn more about how to apply The 3 Wins Framework in your business, download our FREE whitepaper, “The 3 Wins: How to Unleash the Collaboration Effect on Profits in Your Company” here: https://www.legacyadvisorypartners.co...
The Great 8: A New Paradigm for Leadership, by J. David Harper, Jr., CEO of Legacy Advisory Partners https://www.amazon.com/Great-New-Para...
Disclaimer: Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. Cambridge and Legacy Advisory Partners are not affiliated.
Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Cambridge Investment Research, Inc., a registered Broker/ Dealer, Member FINRA/SIPC.
In Episode 25 of #The3WinsPodcast, Russ goes solo to share with you a powerful tool Legacy uses to help business owners narrow the gap between perception and reality when it comes to knowing what their leadership team REALLY thinks about their company.
Russ unpacks sample Leadership Team 360 interview questions that help focus your attention on key areas that need improvement in communication, motivation, and collaboration—to create an environment where your key leaders love to work.
(Access sample questions here: https://docs.google.com/spreadsheets/...)
After all, when your people love where they work and feel appreciated for their performance, that enthusiasm becomes infectious, which raises the energy level and performance of everyone in the company and creates an environment that attracts the best talent and the most profitable customers.
At Legacy, we call this dynamic the “Collaboration Effect on Profit.”
And, in this episode, Russ gives you an overview of how you can start creating the Collaboration Effect on Profit in your own business.
We talk about…
✅The correlation between collaboration and profit.
✅ How developing high-level collaboration among your leadership team is an often overlooked—and underdeveloped—competitive advantage.
✅ Interview questions that narrow the perception gap between you and your key leaders.
✅ The importance of instilling your company’s values in the minds and hearts of your people.
✅ Creating a culture where your key leaders feel safe to collaborate with each other and are rewarded for their contribution to the company’s success.
🎥Watch the full episode: https://youtu.be/tlVEgqY2lbA
culture #leadership #collaboration #financialservices #podcast
Connect with the Host: Russ Clemmer, president of Legacy Advisory Partners Russ Clemmer on LinkedIn: https://www.linkedin.com/in/russclemmer/ The 3 Wins Podcast is presented by Legacy Advisory Partners: https://www.legacyadvisorypartners.com/
Connect with the Producer: Sean Lyden, CEO, Lyden Communications Sean Lyden on LinkedIn: https://www.linkedin.com/in/seanlyden/ The 3 Wins is produced by Lyden Communications LLC: https://strategyandstorytelling.com/
To learn more about how to apply The 3 Wins Framework in your business, download our FREE whitepaper, “The 3 Wins: How to Unleash the Collaboration Effect on Profits in Your Company” here: https://www.legacyadvisorypartners.co...
The Great 8: A New Paradigm for Leadership, by J. David Harper, Jr., CEO of Legacy Advisory Partners https://www.amazon.com/Great-New-Para...
Disclaimer: Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. Cambridge and Legacy Advisory Partners are not affiliated.
Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Cambridge Investment Research, Inc., a registered Broker/ Dealer, Member FINRA/SIPC.
On Episode 24 of #The3WinsPodcast, Russ is joined by Duane Donner, founder and CEO of Founders Advisors, a Birmingham, Alabama-based merger, acquisition, and strategic advisory firm serving lower middle-market companies generally defined as companies with enterprise values from $20 to $250 million.
Duane leads a team of over 30 talented and skilled M&A professionals across three offices and six practice groups with a focus on serving clients with excellence in a relational values-based approach summarized best by the “Golden Rule Plus” to “Treat others better than you would expect to be treated.”
They talk about…
✅Painful lessons Duane learned from his first business as a young entrepreneur—to help you avoid similar pitfalls in your own company.
✅ The advantages of taking a values-based (vs. transactional-based) approach to M&A and how it can put the new combined company in the best position for success.
✅ Why you should build your business to sell—even when you don’t intend to sell it.
✅ The importance of establishing a sustainable business culture that attracts and retains top talent—and what that culture should look like.
✅ The impact great coaches can have on your business and life.
🎥Watch the full episode: https://youtu.be/UxQLURz7_Pc
longtermincentiveplan #deferredcompensationplan #financialservices #podcast
Connect with the Guest: Duane Donner on Linkedin: https://www.linkedin.com/in/duanedonner/ Founders Advisors: https://foundersib.com/ The Heritage Forum: http://heritageforums.com/
Connect with the Host: Russ Clemmer, president of Legacy Advisory Partners Russ Clemmer on LinkedIn: https://www.linkedin.com/in/russclemmer/ The 3 Wins Podcast is presented by Legacy Advisory Partners: https://www.legacyadvisorypartners.com/
Connect with the Producer Sean Lyden, CEO, Lyden Communications Sean Lyden on LinkedIn: https://www.linkedin.com/in/seanlyden/ The 3 Wins is produced by Lyden Communications LLC: https://strategyandstorytelling.com/
To learn more about how to apply The 3 Wins Framework in your business, download our FREE whitepaper, “The 3 Wins: How to Unleash the Collaboration Effect on Profits in Your Company” here: https://www.legacyadvisorypartners.co...
The Great 8: A New Paradigm for Leadership, by J. David Harper, Jr., CEO of Legacy Advisory Partners https://www.amazon.com/Great-New-Para...
Disclaimer: Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. Cambridge and Legacy Advisory Partners are not affiliated.
Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Cambridge Investment Research, Inc., a registered Broker/ Dealer, Member FINRA/SIPC.
On Episode 23 of #The3WinsPodcast, Russ is joined by fellow Legacy leadership team members, Marc Walker (Chief Investment Officer) and Matt Joines (Certified Financial Planner).
Long-term incentive plans (LTIPs)—also known as non-qualified deferred compensation (NQDC) plans or 409A plans—can be a powerful financial tool to attract, incentivize and retain your key leaders.
That’s because the IRS imposes strict limits on how much an employee can contribute to a 401(k). But non-qualified plans, like LTIPs, don’t have those federally mandated limits.
That means your highly compensated employees (HCEs)—a.k.a. your key leaders—can max out contributions to their 401(k) and then continue to build their retirement savings through an NQDC plan.
And as the employer, these plans offer you a lot of flexibility in how you design them.
But with more flexibility comes greater complexity.
So, what should you consider when designing and benchmarking your company’s long-term incentive plans?
In this episode, Russ, Marc, and Matt deep-dive into the world of LTIPs to help you think through the important factors that impact plan performance—in terms of retaining key leaders and helping you, as the owner, to achieve your own retirement goals.
They talk about…
✅Using long-term incentive plans to build an “owner mentality” within your key leadership team.
✅ Knowing precisely what you want your business to produce—and how that impacts your decisions around LTIP design and benchmarking.
✅ Deploying smart budgeting, forecasting, and cash management strategies to create excess profits to fund your company’s long-term incentive plan.
✅ Deciding how you want to reward your key leaders—in a way that is also a win for you and the company.
✅ Investing more money into retention is not necessarily better; it’s more important to have a plan and be intentional about the performance metrics you want to incentivize.
🎥Watch the full episode: https://youtu.be/Z0sulpLdC-E
longtermincentiveplan #deferredcompensationplan #financialservices #podcast
Related Content: How to Choose a Long-Term Incentive Plan: https://youtu.be/LIsiP5lGRUI
What is a Long-Term Incentive Plan?: https://www.youtube.com/watch?v=2FclN...
Connect with the Guests: Marc Walker, Chief Investment Officer, Legacy Advisory Partners: https://www.linkedin.com/in/marcawalker/ Matt Joines, Certified Financial Planner, Legacy Advisory Partners: https://www.linkedin.com/in/matthewjo...
Connect with the Host: Russ Clemmer, president of Legacy Advisory Partners Russ Clemmer on LinkedIn: https://www.linkedin.com/in/russclemmer/ The 3 Wins Podcast is presented by Legacy Advisory Partners: https://www.legacyadvisorypartners.com/
Connect with the Producer Sean Lyden, CEO, Lyden Communications Sean Lyden on LinkedIn: https://www.linkedin.com/in/seanlyden/ The 3 Wins is produced by Lyden Communications LLC: https://strategyandstorytelling.com/
To learn more about how to apply The 3 Wins Framework in your business, download our FREE whitepaper, “The 3 Wins: How to Unleash the Collaboration Effect on Profits in Your Company” here: https://www.legacyadvisorypartners.co...
The Great 8: A New Paradigm for Leadership, by J. David Harper, Jr., CEO of Legacy Advisory Partners https://www.amazon.com/Great-New-Para...
Disclaimer: Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. Cambridge and Legacy Advisory Partners are not affiliated.
Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Cambridge Investment Research, Inc., a registered Broker/ Dealer, Member FINRA/SIPC.
On Episode 22 of #The3WinsPodcast, Russ speaks with Phil Nicaud, CEO at Legendary Leadership Consultants, a management consulting firm located just north of New Orleans.
Phil is also the author of the book, “Our Secret Life: Lead an Authentic, Confident, Fearless Life by Creating Your Unique Character Code.” Check it out here: https://www.amazon.com/Our-Secret-Lif...
After serving in the United States Marine Corps, Phil founded multiple businesses in a variety of industries, including hospitality and real estate. Additionally, he has served as the chairman of municipal, non-governmental, and non-profit boards.
As a chief strategist at Legendary, he has coached hundreds of top-level leaders across America. His varied background allows him to speak with authority into the many different industries he coaches clients in. He leads his clients through a unique planning process that gives them a huge advantage in reaching their potential in every area of life.
Phil is putting on the L2X Legendary Experience Event held December 14-16, 2021, in Covington, La. Learn more here: https://legendaryleadershipconsultant...
This episode digs deep into how effective leaders craft a compelling vision - and rally their teams around it.
Russ and Phil talk about…
✅The perils of living someone else’s vision for your life.
✅ How Phil’s time in the Marine Corps helped shape his leadership philosophy - and life.
✅ The most powerful instrument of influence is a compelling vision.
✅ The importance of understanding your role in the marketplace. “I’m not King Arthur; I’m Lancelot. I was born to protect the king.”
✅ Defining humility as: “To hold power in the service of others.”
🎥Watch the full episode: https://youtu.be/h3ufd417rAM
entrepreneurship #charitablegiving #philanthropy #financialservices #podcast
Connect with the Guest: Phil Nicaud, CEO at Legendary Leadership Consultants Website: https://legendaryleadershipconsultant... LinkedIn: https://www.linkedin.com/in/phil-nica... Purchase Phil’s Book: Our Secret Life: Lead an Authentic, Confident, Fearless Life by Creating Your Unique Character Code: https://www.amazon.com/Our-Secret-Lif... L2X Legendary Experience Event held December 14-16, 2021, in Covington, La. Learn more here: https://legendaryleadershipconsultant...
Connect with the Host: Russ Clemmer, president of Legacy Advisory Partners Russ Clemmer on LinkedIn: https://www.linkedin.com/in/russclemmer/ The 3 Wins Podcast is presented by Legacy Advisory Partners: https://www.legacyadvisorypartners.com/
Connect with the Producer Sean Lyden, CEO, Lyden Communications Sean Lyden on LinkedIn: https://www.linkedin.com/in/seanlyden/ The 3 Wins is produced by Lyden Communications LLC: https://strategyandstorytelling.com/
To learn more about how to apply The 3 Wins Framework in your business, download our FREE whitepaper, “The 3 Wins: How to Unleash the Collaboration Effect on Profits in Your Company” here: https://www.legacyadvisorypartners.co...
The Great 8: A New Paradigm for Leadership, by J. David Harper, Jr., CEO of Legacy Advisory Partners https://www.amazon.com/Great-New-Para...
Disclaimer: Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. Cambridge and Legacy Advisory Partners are not affiliated.
Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Cambridge Investment Research, Inc., a registered Broker/ Dealer, Member FINRA/SIPC.
On Episode 21 of #The3WinsPodcast, Russ speaks with Bryan Green, CEO at Helping Hands Ministries, headquartered in Tallulah Falls, Ga.
Bryan has spent the majority of his career in the non-profit arena from private boarding schools to leading local non-profit organizations.
He serves on various non-profit boards and is president of Prevent Child Abuse for Habersham County.
This episode shows how entrepreneurs and executives who are doing well can also “do good” by building a significant and lasting legacy through smart and strategic charitable giving.
Russ and Bryan talked about…
✅The principle of “giving while you’re living” so you know where you’re money is going.
✅ Why you should be deliberate and intentional with your charitable giving.
✅A powerful non-profit fundraising strategy: Don’t ask for money 😊. “We don’t ask anyone for anything other than, ‘How may we assist you in serving others.’”
✅ The story of how Helping Hands paid off the mortgages for two families featured on the “Extreme Makeover” tv show.
✅ Keeping philanthropy in proper perspective: “Do for one that you wish you could do for a million.
🎥Watch the full episode: https://youtu.be/A4VmkojUb2w
entrepreneurship #charitablegiving #philanthropy #financialservices #podcast
Connect with Bryan: Websites: https://hhmin.org/
LinkedIn: https://www.linkedin.com/in/bryan-gre... https://www.linkedin.com/company/help...
Connect with the Host: Russ Clemmer, president of Legacy Advisory Partners Russ Clemmer on LinkedIn: https://www.linkedin.com/in/russclemmer/ The 3 Wins Podcast is presented by Legacy Advisory Partners: https://www.legacyadvisorypartners.com/
Connect with the Producer Sean Lyden, CEO, Lyden Communications Sean Lyden on LinkedIn: https://www.linkedin.com/in/seanlyden/ The 3 Wins is produced by Lyden Communications LLC: https://strategyandstorytelling.com/
To learn more about how to apply The 3 Wins Framework in your business, download our FREE whitepaper, “The 3 Wins: How to Unleash the Collaboration Effect on Profits in Your Company” here: https://www.legacyadvisorypartners.co...
The Great 8: A New Paradigm for Leadership, by J. David Harper, Jr., CEO of Legacy Advisory Partners https://www.amazon.com/Great-New-Para...
Disclaimer: Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. Cambridge and Legacy Advisory Partners are not affiliated.
Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Cambridge Investment Research, Inc., a registered Broker/ Dealer, Member FINRA/SIPC.
Russ Clemmer had a fascinating conversation with Bobby Mitchell, President and COO at Applied Ceramics, Inc., an Atlanta-based manufacturer of high-temperature products for a wide range of industries, including the aerospace, automotive, medical, and energy sectors.
Bobby, who also serves on the board of directors at FCCI / Fellowship of Companies for Christ International, shares his journey about how his Christian faith has shaped his leadership style and business philosophy.
We talked about…
✅ The importance of connection for Christian business owners and executives.
✅ What it means to run your business on Biblical principles.
✅ How the little things you share can make a big impact on your team.
✅ Hiring chaplains to serve your team.
✅ How Biblical principles, like “loving your neighbor,” can be instrumental to creating “raving fans” - loyal customers who want to keep doing business with you and tell others about you.
Connect with Bobby: Websites: http://appliedceramics.com/ https://www.fcci-site.com/ LinkedIn: https://www.linkedin.com/in/bobbymitc... https://www.linkedin.com/company/fcci... https://www.linkedin.com/company/appl...
About the Host: Russ Clemmer, president of Legacy Advisory Partners Russ Clemmer on LinkedIn: https://www.linkedin.com/in/russclemmer/ The 3 Wins Podcast is presented by Legacy Advisory Partners: https://www.legacyadvisorypartners.com/
About the Producer Sean Lyden, CEO, Lyden Communications Sean Lyden on LinkedIn: https://www.linkedin.com/in/seanlyden/ The 3 Wins is produced by Lyden Communications LLC: https://strategyandstorytelling.com/
To learn more about how to apply The 3 Wins Framework in your business, download our FREE whitepaper, “The 3 Wins: How to Unleash the Collaboration Effect on Profits in Your Company” here: https://www.legacyadvisorypartners.co...
The Great 8: A New Paradigm for Leadership, by J. David Harper, Jr., CEO of Legacy Advisory Partners https://www.amazon.com/Great-New-Para...
Disclaimer: Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. Cambridge and Legacy Advisory Partners are not affiliated.
Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Cambridge Investment Research, Inc., a registered Broker/ Dealer, Member FINRA/SIPC.
The Value of Leading Your Business for Christ with Bobby Mitchell Sr.
Do you have a vision of leading your business for Christ? Even in today’s very capitalized world, a Christian can start and manage a business according to Biblical principles.
In this episode of the 3 Wins Podcast, Russ Clemmer speaks with Bobby Mitchell Sr., the Founder and Chairman of the Board, Fellowship of Companies for Christ International (FCCI), and CEO at Applied Ceramics Inc.
They talk about how to lead a business for Christ with the Salvation, Sanctification, and Service concept and its benefits for Christian business owners.
What You Will Learn: How to manage a business for Christ. Bobby explains why FCCI decided to operate their businesses as a platform for ministry.
Salvation, sanctification, and service. How Bobby started building his business for Christ by offering people salvation first followed by the sanctification of their faith and later focused on service to fellow men.
Bobby narrates how business owners connected and came together through the FCCI to lead their businesses for Christ and offer support to each other.
The philosophy of God owns it all – understanding God’s purpose for giving you your business.
How to understand your role as a steward of what God has given you and using it for His glory.
Why it’s easier to find support to help you stay accountable when it comes to giving than not having support at all.
Why generosity and the joy of giving are two different concepts for individual Christians.
Connect with Bobby: Websites: http://appliedceramics.com/ https://www.fcci-site.com/ LinkedIn: https://www.linkedin.com/company/fcci... https://www.linkedin.com/company/appl... About the Host: Russ Clemmer, President of Legacy Advisory Partners Russ Clemmer on LinkedIn: https://www.linkedin.com/in/russclemmer/ The 3 Wins Podcast is presented by Legacy Advisory Partners. https://www.legacyadvisorypartners.com/
To learn more about how to apply The 3 Wins Framework in your business, download our FREE whitepaper, “The 3 Wins: How to Unleash the Collaboration Effect on Profits in Your Company.” https://www.legacyadvisorypartners.co...
The 3 Wins Podcast is presented by Legacy Advisory Partners. https://www.legacyadvisorypartners.com/
The Great 8: A New Paradigm for Leadership, by J. David Harper, Jr., CEO of Legacy Advisory Partners is available: https://www.amazon.com/Great-New-Para...
Disclaimer: Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. Cambridge and Legacy Advisory Partners are not affiliated.
Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Cambridge Investment Research, Inc., a registered Broker/ Dealer, Member FINRA/SIPC.
A donor-advised fund (DAF) allows donors to offload much of the administrative responsibilities of their charitable giving to a third party while retaining significant control over where the money is invested and given.
In this episode, Terry Parker with the National Christian Foundation offers a deep dive into the world of DAFs and how they equip you with a powerful vehicle to supercharge the impact of your giving.
Here are seven key takeaways from our conversation.
✅ Giving strategically is both cost-effective and more advantageous to the donor.
✅ Foundations, like NCF, are not a means to exploit the system. Instead, they exist to allow the donor to work smarter with their money while providing greater transparency and accountability.
✅ Critics of certain causes might target and harass donors who contribute to organizations they disapprove of. But when you give through organizations like NCF, you gain a certain level of protection. That’s because the donation moves through the foundation and then to the charity, where the identity of the individual donor is not made public.
✅ DAFs can help reduce taxes to maximize the giver’s donation.
✅ NCF helps donors avoid mistakes where their money gets wasted and makes little, if any, impact. NCF refuses to support causes that do not meet a particular transparency requirement. This way, the foundation can ensure that donors give to a reputable cause to protect their money - and reputation.
✅ NCF can also help private foundations maximize the impact of their annual giving requirements. That’s because giving money to NCF meets the yearly requirement while allowing the foundation to strategically donate to a cause without making a hasty and haphazard decision, which can potentially turn into wasted money for a dishonest cause.
✅ Making consistent contributions over time promotes the joy of giving compared to a one-time, large sum contribution.
Connect with Terry: https://www.linkedin.com/in/terry-parker-3943665b/
Connect with Russ: https://www.linkedin.com/in/russclemmer/
Check out the National Christian Foundation (NCF): https://www.linkedin.com/company/national-christian-foundation/
To learn more about how to apply The 3 Wins Framework in your business, download our FREE whitepaper, “The 3 Wins: How to Unleash the Collaboration Effect on Profits in Your Company,” here: https://www.legacyadvisorypartners.com/the3wins.
The 3 Wins Podcast is presented by Legacy Advisory Partners. https://www.legacyadvisorypartners.com/
The Great 8: A New Paradigm for Leadership, by J. David Harper, Jr. https://www.legacyadvisorypartners.com/news/the-great-8-a-new-paradigm-for-leadership.html
Disclaimer: Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. Cambridge and Legacy Advisory Partners are not affiliated.
Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Cambridge Investment Research, Inc., a registered Broker/ Dealer, Member FINRA/SIPC.
Legacy’s Russ Clemmer recently sat down with Kris Maynard, co-founder and CEO at Essential Ingredients Inc., a chemical distribution company with more than 80 employees and facilities around the U.S. and Canada.
We talked about what it takes to cultivate the kind of purpose-driven company that inspires loyalty, generosity, and fun – and generates healthy profits, too.
This episode offers a wealth of business advice with a hopeful message about the many ways in which companies can do good AND still do well.
Key takeaways from our conversation…
✅ Putting an Employee Stock Ownership Plan (ESOP) in place was not only a solution to the question of succession for Essential Ingredients but also a turning point for the company’s overall culture and mission.
✅ Putting an Employee Stock Ownership Plan (ESOP) in place was not only a solution to the question of succession for Essential Ingredients but also a turning point for the company’s overall culture and mission.
✅ When putting purpose and duty of care to employees/partners at the top of your private company’s list of priorities, it’s important to seek out other similarly intentional entrepreneurs. They are out there! (Links to resources below.)
Let us know what you think in the comments below👇
Connect with Kris @LinkedIn: https://www.linkedin.com/in/kristophe... Website: www.essentialingredients.com
Additional Resources:
Find out more about “Small Giants: Companies that Choose to be Great Instead of Big” by Bo Burlingham here: http://www.smallgiantsbook.com/bio.html
Click here to learn more about the Tugboat Institute for private companies seeking an alternative path to success.
Jack Stack’s “Great Game of Business” can be found here: https://www.greatgame.com/blog/author...
A video explaining Evergreen’s 7 Principles (7Ps) is available here: https://www.tugboatinstitute.com/vide...
More about “The Advantage: Why Organizational Health Trumps Everything Else in Business” by Patrick Lencioni can be found here: https://www.goodreads.com/book/show/1...
Connect with Russ @LinkedIn: https://www.linkedin.com/in/russclemmer/
To learn more about how to apply The 3 Wins Framework in your business, download our FREE whitepaper, “The 3 Wins: How to Unleash the Collaboration Effect on Profits in Your Company,” here: https://www.legacyadvisorypartners.co...
The 3 Wins Podcast is presented by Legacy Advisory Partners. https://www.legacyadvisorypartners.com/
The Great 8: A New Paradigm for Leadership, by J. David Harper, Jr., CEO of Legacy Advisory Partners is available: https://www.amazon.com/Great-New-Para...
Disclaimer: Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. Cambridge and Legacy Advisory Partners are not affiliated.
Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Cambridge Investment Research, Inc., a registered Broker/ Dealer, Member FINRA/SIPC.
Ep. 16—Building an Investment-Grade Company
On this episode of The 3 Wins Podcast, our guest is Zane Tarence, Managing Director and Partner of Founders Advisors. Our host, Russ Clemmer, president of Legacy Advisory Partners, has a conversation with Zane about what makes a company “investment-grade” and how to get there.
Zane has over 30 years of experience working in business, including having started his own technology business as well as having experience heading up a VC model incubator that invested in small companies. In his current role at Founders Advisors, he works on helping business founders figure out what their best path is for their company and how to grow and raise capital. He has also written a book, 17 Reasons Your Company is NOT Investment Grade & What to Do About It, which uses the knowledge he’s gained through working with, owning, and investing in businesses throughout the years, to help business owners learn how to make their firms investment-grade.
Zane explains that the 17 points that he addresses in his book are not just a list of independent things that a company must do, but rather, they are 17 interconnected components of the business that all impress upon each other and impact each other (a holistic system).
He shares some questions that he believes companies should be asking themselves when checking to see if they are investment-grade, including: How does your barrier to entry relate to your brand? Are your best and most talented people in the company working on the things that will give you a competitive advantage?
Key Takeaways: -- Having predictable, reoccurring revenue that can be counted on is one of the most important ways to be seen as a viable investment.
-- The Talent Management piece, having top talent on your teams and the right people in leadership positions at your firm, is the #1 most important thing to being seen as investment-grade.
-- You need to have something original and unique about your business in order to have barriers to entry that keep other people from being able to easily compete with you and take over your market.
Connect with Zane: Find him on LinkedIn Zane’s Book: 17 Reasons Your Company is NOT Investment Grade & What to Do About It: https://www.17-reasons.com/
To learn more about how to apply The 3 Wins Framework in your business, download our FREE whitepaper, “The 3 Wins: How to Unleash the Collaboration Effect on Profits in Your Company” here: https://www.legacyadvisorypartners.co...
The 3 Wins Podcast is presented by Legacy Advisory Partners. https://www.legacyadvisorypartners.com/
The Great 8: A New Paradigm for Leadership, by J. David Harper, Jr., CEO of Legacy Advisory Partners https://www.amazon.com/Great-New-Para...
Disclaimer: Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. Cambridge and Legacy Advisory Partners are not affiliated.
Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Cambridge Investment Research, Inc., a registered Broker/ Dealer, Member FINRA/SIPC.
On this episode of The 3 Wins Podcast, our guest is Phil Brown, the former head of HR at Mohawk Industries. We talk with Phil about some of the positive and challenging aspects of virtual work.
Key Takeaways: 1. A shift in the paradigm of corporate culture toward virtual work must center on how to get the work done. Everyone will have preferences, but employee experience is second to getting the job done.
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Understanding organizational culture means balancing the needs of all three stakeholders in your business: your customers, your owners, and your employees.
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Virtual technology can enable your organizational strategy, but you have to manage for it. The vision is not about working remotely—it’s about seeing how the business is evolving toward the future and how you can use technology to help your teams accomplish their goals.
Useful Links: The 3 Wins Podcast: https://www.youtube.com/channel/UCZZsW7NF3RlOC7wfTAVGOsw Phil Brown’s LinkedIn: https://www.linkedin.com/in/phil-brown-9825278/ Russ Clemmer’s LinkedIn: https://www.linkedin.com/in/russclemmer/ Legacy Advisory Partners: https://www.legacyadvisorypartners.com/
To learn more about how to apply The 3 Wins Framework in your business, download our FREE whitepaper, “The 3 Wins: How to Unleash the Collaboration Effect on Profits in Your Company” here: https://www.legacyadvisorypartners.co....
The 3 Wins Podcast is presented by Legacy Advisory Partners. https://www.legacyadvisorypartners.com/
The Great 8: A New Paradigm for Leadership, by J. David Harper, Jr., CEO of Legacy Advisory Partners https://www.legacyadvisorypartners.co...
Disclaimer: Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. Cambridge and Legacy Advisory Partners are not affiliated.
Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Cambridge Investment Research, Inc., a registered Broker/ Dealer, Member FINRA/SIPC.
On this episode of The 3 Wins Podcast, our guest is Jim Robinson, the president of Robinson Compensation. Our host, Russ Clemmer, president of Legacy Advisory Partners, has a conversation with Jim about how virtual work is changing the way we think about work.
Jim has more than 40 years working in corporate compensation and benefits, and he shares how the pandemic has forced company leaders and stakeholders to rethink how they approach providing compensation and benefits to their employees. He explains that in the area of compensation, some companies are thinking about getting rid of geographic disparities since employees can now work from across the country.
Key Takeaways: Because employers are key stakeholders, their comfort and ability to complete work is integral to the health of the company.
There is no going back to experimental: people have experienced remote work and they’re going to want to see more of that.
Understanding how to pay employees who live in different parts of the country will emerge as a new challenge.
Additional Points: Ideas around how to compensate employees are changing in the pre-pandemic era.
Broader work may impact millennial turnover
Geographic differentials will certainly change because of remote work culture.
Incentive compensation is difficult because performance is hard to manage with remote employees.
Millennials have led the charge to change performance management. Attitudes surrounding severance have long-lasting effects on companies.
Organizations have a vested interest in fostering the respect of their employees.
Useful Links Find Russ Clemmer on LinkedIn: https://www.linkedin.com/in/russclemmer/
Find Jim Robinson on LinkedIn: https://www.linkedin.com/in/jim-robin...
See "Robinson’s Rules #2-Attracting and Retaining Employees": https://www.linkedin.com/feed/update/...
To learn more about how to apply The 3 Wins Framework in your business, download our FREE whitepaper, “The 3 Wins: How to Unleash the Collaboration Effect on Profits in Your Company” here: https://www.legacyadvisorypartners.co....
The 3 Wins Podcast is presented by Legacy Advisory Partners. https://www.legacyadvisorypartners.com/
The Great 8: A New Paradigm for Leadership, by J. David Harper, Jr., CEO of Legacy Advisory Partners https://www.legacyadvisorypartners.co...
Disclaimer: Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. Cambridge and Legacy Advisory Partners are not affiliated.
Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Cambridge Investment Research, Inc., a registered Broker/ Dealer, Member FINRA/SIPC.
We’ve designed The 3 Wins Podcast for CEOs, CFOs, and, really, any executive who oversees employee benefits - to talk about smart strategies, new ideas and current events that impact how your company attains and retains your top talent.
In the last episode, Russ, Marc and Matt talked about how to roll out a deferred compensation plan in a way that offers a positive experience for your participating executives.
(Watch Episode 12: https://youtu.be/z8vN25wO1gE)
The question today is how do you fund a deferred compensation plan? And what are some strategies to consider to help put your plan in the best position to ultimately pay for itself?
We deep dive into these questions and more on today’s episode of The 3 Wins Podcast.
Featured in this episode:
Russ Clemmer, President, Legacy Advisory Partners
Marc Walker, Chief Investment Officer, Legacy Advisory Partners
Matt Joines, Certified Financial Planner, Legacy Advisory Partners
To learn more about how to apply The 3 Wins Framework in your business, download our FREE whitepaper, “The 3 Wins: How to Unleash the Collaboration Effect on Profits in Your Company” here: https://www.legacyadvisorypartners.co....
The 3 Wins Podcast is presented by Legacy Advisory Partners. https://www.legacyadvisorypartners.com/
The Great 8: A New Paradigm for Leadership, by J. David Harper, Jr., CEO of Legacy Advisory Partners https://www.legacyadvisorypartners.co...
Disclaimer: Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. Cambridge and Legacy Advisory Partners are not affiliated.
Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Cambridge Investment Research, Inc., a registered Broker/ Dealer, Member FINRA/SIPC.
In the last episode, Russ, Marc and Matt talked about how to align your deferred compensation executive benefits plan with the company’s objectives - to create an opportunity where both the employee and the company come out as winners.
(Watch Episode 11: https://youtu.be/fDzyhQDVE-o)
But the challenge is this: You can offer the best, most generous deferred compensation plan in the world, but if your top executives don’t know about the plan or aren’t taking full advantage of it, you’re squandering a valuable tool to attain and retain those key leaders.
So, how do you build awareness among your senior leadership team about the financial advantages that come with this benefit to enhance their tax strategy and retirement planning?
And when they’re ready to participate, how do you make the onboarding process as easy and frictionless as possible?
And how do you ensure that the plan offers a positive experience for your executives - in a way that reflects well on your company?
We deep dive into these questions and more on today’s episode of The 3 Wins Podcast.
Featured in this episode:
Russ Clemmer, President, Legacy Advisory Partners
Marc Walker, Chief Investment Officer, Legacy Advisory Partners
Matt Joines, Certified Financial Planner, Legacy Advisory Partners
To learn more about how to apply The 3 Wins Framework in your business, download our FREE whitepaper, “The 3 Wins: How to Unleash the Collaboration Effect on Profits in Your Company” here: https://www.legacyadvisorypartners.co....
The 3 Wins Podcast is presented by Legacy Advisory Partners. https://www.legacyadvisorypartners.com/
The Great 8: A New Paradigm for Leadership, by J. David Harper, Jr., CEO of Legacy Advisory Partners https://www.legacyadvisorypartners.co...
Disclaimer: Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. Cambridge and Legacy Advisory Partners are not affiliated.
Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Cambridge Investment Research, Inc., a registered Broker/ Dealer, Member FINRA/SIPC.
In the previous episode, we provided a primer on how to set up a deferred compensation executive benefits plan to attract and retain key leaders.
(Watch Episode 10: https://youtu.be/LIsiP5lGRUI)
Today, we address the question: “What if we already have a plan in place but it’s not working for us? What do we do?”
This issue gets to the heart of what we call “Plan Rehab.”
The idea here is thinking through: What needs to be done with the plan to get it back on track?
Do people understand the purpose of the plan?
Is there continuity from the leadership team and between the participants around what the plan there for?
What are you trying to accomplish with the plan in place?
Or is it just there as a part of the benefits package and nobody really understands it?
We’ll help you determine whether your deferred compensation plan needs rehab and, if so, what to do about it on today’s episode of The 3 Wins Podcast.
Featured in this episode:
Russ Clemmer, President, Legacy Advisory Partners
Marc Walker, Chief Investment Officer, Legacy Advisory Partners
Matt Joines, Certified Financial Planner, Legacy Advisory Partners
To learn more about how to apply The 3 Wins Framework in your business, download our FREE whitepaper, “The 3 Wins: How to Unleash the Collaboration Effect on Profits in Your Company” here: https://www.legacyadvisorypartners.co....
The 3 Wins Podcast is presented by Legacy Advisory Partners. https://www.legacyadvisorypartners.com/
The Great 8: A New Paradigm for Leadership, by J. David Harper, Jr., CEO of Legacy Advisory Partners https://www.legacyadvisorypartners.co...
Disclaimer: Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. Cambridge and Legacy Advisory Partners are not affiliated.
Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Cambridge Investment Research, Inc., a registered Broker/ Dealer, Member FINRA/SIPC.
Simon Sinek put it best in “Start with Why: How Great Leaders Inspire Everyone to Action” where he wrote, “Happy employees ensure happy customers. And happy customers ensure happy shareholders—in that order.”
The idea here is that if your employees aren’t happy and don’t feel like they’re “winning” with your company, everyone loses—your customers, your company and, ultimately, you.
One tool that smart companies use to help ensure happy employees—specifically, the senior leadership team who are absolutely critical to the organization’s long-term success—is a non-qualified deferred compensation (NQDC) plan.
In this episode, we drill deeper into one of the more popular types of NQDC plans: the long-term incentive plan (or LTIP).
So, what exactly are long-term incentive plans? Who is eligible to participate? How should you structure your LTIP? How do you fund it? And what are the keys to successful LTIP administration and communication?
Legacy’s chief investment officer, Marc Walker, joined me for Episode 10 of The 3 Wins Podcast to discuss these questions and more.
Featured in this episode:
Russ Clemmer, President, Legacy Advisory Partners
Marc Walker, Chief Investment Officer, Legacy Advisory Partners
To learn more about how to apply The 3 Wins Framework in your business, download our FREE whitepaper, “The 3 Wins: How to Unleash the Collaboration Effect on Profits in Your Company” here: https://www.legacyadvisorypartners.com/the3wins.
The 3 Wins Podcast is presented by Legacy Advisory Partners. https://www.legacyadvisorypartners.com/
The Great 8: A New Paradigm for Leadership, by J. David Harper, Jr. https://www.legacyadvisorypartners.com/news/the-great-8-a-new-paradigm-for-leadership.html
Disclaimer: Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. Cambridge and Legacy Advisory Partners are not affiliated.
Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Cambridge Investment Research, Inc., a registered Broker/ Dealer, Member FINRA/SIPC.
Russ Clemmer, the president at Legacy Advisory Partners, joins Marc Walker and Matt Joines on Legacy’s senior investment team.
Today’s conversation focuses on non-qualified executive benefits plans, which smart companies use as a powerful financial tool to attract and retain their key leaders who are absolutely critical to the organization’s long-term success.
So, what exactly are non-qualified plans?
How do they complement qualified plans (like 401k’s) in your company’s benefits program?
How do they work?
And what factors should you consider when putting together a plan?
We’ll deep dive into these topics and more on today’s episode of The 3 Wins Podcast.
Featured in this episode:
Russ Clemmer, President, Legacy Advisory Partners
Marc Walker, Chief Investment Officer, Legacy Advisory Partners
Matt Joines, Certified Financial Planner, Legacy Advisory Partners
To learn more about how to apply The 3 Wins Framework in your business, download our FREE whitepaper, “The 3 Wins: How to Unleash the Collaboration Effect on Profits in Your Company” here: https://www.legacyadvisorypartners.co....
The 3 Wins Podcast is presented by Legacy Advisory Partners. https://www.legacyadvisorypartners.com/
The Great 8: A New Paradigm for Leadership, by J. David Harper, Jr. https://www.legacyadvisorypartners.co...
Disclaimer: Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. Cambridge and Legacy Advisory Partners are not affiliated.
Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Cambridge Investment Research, Inc., a registered Broker/ Dealer, Member FINRA/SIPC.
Russ Clemmer, the president at Legacy Advisory Partners, joins Marc Walker and Matt Joines on Legacy’s senior investment team.
And this episode features a special guest, Michael Cole, senior investment consultant with Clark Capital.
Michael and the team talk about the different types of corporate investment tools available to help you manage your company’s cash most effectively.
After all, not every company is having a cash crisis right now. And, depending on your business, you may have some cash just sitting in a checking account, not working for you.
If that’s your case, what are some investment vehicles to consider - to put that money to work, while keeping your risk tolerance and liquidity requirements in mind?
What are the pros and cons of each option?
How do you determine which ones are best for your situation?
We’ll deep dive into these topics and more on today’s episode of The 3 Wins Podcast.
Featured in this episode:
Russ Clemmer, President, Legacy Advisory Partners
Marc Walker, Chief Investment Officer, Legacy Advisory Partners
Matt Joines, Certified Financial Planner, Legacy Advisory Partners
Michael Cole, senior investment consultant with Clark Capital Management Group (https://www.ccmg.com/)
To learn more about how to apply The 3 Wins Framework in your business, download our FREE whitepaper, “The 3 Wins: How to Unleash the Collaboration Effect on Profits in Your Company” here: https://www.legacyadvisorypartners.com/the3wins.
The 3 Wins Podcast is presented by Legacy Advisory Partners. https://www.legacyadvisorypartners.com/
The Great 8: A New Paradigm for Leadership, by J. David Harper, Jr. https://www.legacyadvisorypartners.com/news/the-great-8-a-new-paradigm-for-leadership.html
Disclaimer: Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. Cambridge and Legacy Advisory Partners are not affiliated.
Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Cambridge Investment Research, Inc., a registered Broker/ Dealer, Member FINRA/SIPC.
Clark Capital Disclaimer: The views expressed are those of the speaker and do not necessarily reflect the views of Clark Capital. The investment strategy or strategies discussed may not be suitable for all investors. Investors must make their own decisions based on their specific investment objectives and financial circumstances. Economic and market forecasts presented herein reflect a series of assumptions and judgments as of the date of this presentation and are subject to change without notice. Before investing, an investor should consider their investment goals and risk comfort levels and consult with their investment advisor and tax professional.
Russ Clemmer, the president at Legacy Advisory Partners, joins Marc Walker and Matt Joines on Legacy’s senior leadership team to talk about Smart Cash Management Strategies for Businesses
In the last couple of episodes, we talked about why it’s absolutely essential as an entrepreneur or executive to KNOW YOUR NUMBERS.
And that requires being able to pull together accurate data from multiple sources to run scenarios that can help you and your team with business planning and decision-making.
(Real quick...In case you missed them, check out episodes 5 and 6.)
Now, the question is--whether your company has a lot of cash on hand or not so much--what should you be doing with the cash YOU DO HAVE to make it work harder for the business right now and for the long term?
What are the biggest mistakes companies make with cash management--and how can you avoid them?
And what are some of the best practices and strategies that successful companies deploy to help them make smart decisions about where to put their cash?
We’ll deep dive into these topics and more on today’s episode of The 3 Wins Podcast.
Featured in this episode:
Russ Clemmer, President, Legacy Advisory Partners
Marc Walker, Chief Investment Officer, Legacy Advisory Partners
Matt Joines, Certified Financial Planner, Legacy Advisory Partners
To learn more about how to apply The 3 Wins Framework in your business, download our FREE whitepaper, “The 3 Wins: How to Unleash the Collaboration Effect on Profits in Your Company” here: https://www.legacyadvisorypartners.co....
The 3 Wins Podcast is presented by Legacy Advisory Partners. https://www.legacyadvisorypartners.com/
The Great 8: A New Paradigm for Leadership, by J. David Harper, Jr. https://www.legacyadvisorypartners.co...
Disclaimer: Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. Cambridge and Legacy Advisory Partners are not affiliated.
Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Cambridge Investment Research, Inc., a registered Broker/ Dealer, Member FINRA/SIPC.
We have an amazing episode for you today where Russ Clemmer, the president at Legacy Advisory Partners, speaks with John Coffin and Emmett Moore with Practical Growth Advisors.
John and Emmett have developed a proprietary operational and financial forecasting platform to help business owners and executives make smart decisions quickly and confidently.
In the last episode, we covered high-level strategies for where and how to make adjustments in your business in this brave new COVID-19 world to help you build momentum going into later this year and 2021.
But this episode drills deeper into one of the strategies talked about last time—and it’s this: Know. Your. Numbers.
And that’s John and Emmett’s specialty.
But after that conversation, stay tuned. Because we have bonus content where Russ sits down with Marc Walker and Matt Joines on Legacy’s senior leadership team -- to debrief the interview and provide context for how some of the main themes John and Emmett discussed actually fit within The 3 Wins Framework.
The way, you gain some practical strategies to help you put your company in a position to make the most out of the rest of this tumultuous 2020--and build strong momentum going into 2021.
So...without further adieu. Here’s Episode 6 of The 3 Wins Podcast.
Featured in this Episode:
Russ Clemmer, President, Legacy Advisory Partners https://www.legacyadvisorypartners.com/
John Coffin, Founder and President, Practical Growth Advisors
Emmett Moore, Founder and CEO, Practical Growth Advisors https://practicalgrowthadvisors.com/
To learn more about how to apply The 3 Wins Framework in your business, download our FREE whitepaper, “The 3 Wins: How to Unleash the Collaboration Effect on Profits in Your Company” here: https://www.legacyadvisorypartners.com/the3wins.
The 3 Wins Podcast is presented by Legacy Advisory Partners. https://www.legacyadvisorypartners.com/
The Great 8: A New Paradigm for Leadership, by J. David Harper, Jr. https://www.legacyadvisorypartners.com/news/the-great-8-a-new-paradigm-for-leadership.html
Disclaimer: Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. Cambridge and Legacy Advisory Partners are not affiliated.
Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Cambridge Investment Research, Inc., a registered Broker/ Dealer, Member FINRA/SIPC.
Russ Clemmer, Marc Walker and Matt Joines on the senior leadership team at Legacy Advisory Partners talk about how to finish strong and get the most out of the next six months we have left in 2020.
That’s because whatever your targets were in January, they’ve likely been blown out of the water since COVID-19 swept the globe.
Now as the economy reopens—with fits and starts—what should you think about as you recalibrate your forecasts?
What new financial strategies should you consider putting in place—for your company and for yourself—to build momentum going into 2021?
And what can you be doing right now to get your company’s performance back on track as quickly as possible?
The Legacy Team dives into these topics and more on today’s episode of The 3 Wins Podcast.
Featured in this episode:
Russ Clemmer, President, Legacy Advisory Partners
Marc Walker, Chief Investment Officer, Legacy Advisory Partners
Matt Joines, Certified Financial Planner, Legacy Advisory Partners
To learn more about how to apply The 3 Wins Framework in your business, download our FREE whitepaper, “The 3 Wins: How to Unleash the Collaboration Effect on Profits in Your Company” here: https://www.legacyadvisorypartners.com/the3wins.
The 3 Wins Podcast is presented by Legacy Advisory Partners. https://www.legacyadvisorypartners.com/
The Great 8: A New Paradigm for Leadership, by J. David Harper, Jr. https://www.legacyadvisorypartners.com/news/the-great-8-a-new-paradigm-for-leadership.html
Disclaimer: Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. Cambridge and Legacy Advisory Partners are not affiliated.
Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Cambridge Investment Research, Inc., a registered Broker/ Dealer, Member FINRA/SIPC.
In this episode, I chat with Russ Clemmer, the president at Legacy Advisory Partners.
And we talk about what to consider as businesses begin to reopen after several weeks of a nationwide shutdown from the coronavirus.
The challenge right now is that not all states—or even counties and municipalities within each state—are on the same reopen schedule. And there are a wide range of rules and guidelines in effect, depending on where you’re located.
Then there are the issues of safety and employee concerns about returning to work.
As a business owner, what should you be thinking about now to help make this transition back to work as smooth as possible for your employees and your company?
What are the potential pitfalls to avoid?
And what lessons did you learn during the shutdown that will change how your business operates moving forward?
Russ and I tackle these questions and more.
And we also have bonus content at the end of this episode that you will not want to miss!
Russ sits down with Atlanta employment attorney, Amanda Farahany, managing partner of Barrett & Farahany, one of the top employment law firms in Georgia, as they talk about what you should keep in mind--from a legal perspective--as you start to bring back your employees.
So, without further adieu, let’s dive into this episode of The 3 Wins Podcast.
Featured in this episode:
Russ Clemmer, President, Legacy Advisory Partners https://www.linkedin.com/in/russclemmer/
Amanda Farahany, managing partner, Barrett & Farahany https://www.linkedin.com/in/atlantaemploymentlawyer/
Sean Lyden, CEO, Lyden Communications LLC, and host of The 3 Wins Podcast https://www.linkedin.com/in/seanlyden/
To learn more about how to apply The 3 Wins Framework in your business, download our FREE whitepaper, “The 3 Wins: How to Unleash the Collaboration Effect on Profits in Your Company” here: https://www.legacyadvisorypartners.com/the3wins.
The 3 Wins Podcast is presented by Legacy Advisory Partners. https://www.legacyadvisorypartners.com/
The Great 8: A New Paradigm for Leadership, by J. David Harper, Jr., CEO at Legacy Advisory Partners. https://www.legacyadvisorypartners.com/news/the-great-8-a-new-paradigm-for-leadership.html
Disclaimer: Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. Cambridge and Legacy Advisory Partners are not affiliated.
Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Cambridge Investment Research, Inc., a registered Broker/ Dealer, Member FINRA/SIPC.
In this episode of The 3 Wins Podcast, we have Russ Clemmer, president at Legacy Advisory Partners, and special guest, Bill Barbour, a former Coke executive and the principal at WTB Consulting in Atlanta. We talk about why NOW is the time to strengthen your company’s value chain - to survive and thrive in this brave new COVID-19 world.
We recorded this on April 30, 2020.
To set the stage:
Most of the U.S. is still under stay-at-home orders
By now, many Americans have received federal stimulus checks.
But the initial stimulus money to fund the PPP - the paycheck protection program loan intended to help small businesses stay afloat and keep their employees on the payroll - dried up. So, Congress recently authorized an additional few hundred billion to replenish that program.
And most states are mapping out their plans for a phased approach to re-opening their economies. A handful of states, like Georgia, have already started reopening.
So, what exactly is the Value Chain? And why is it important for CEOs and executives to be thinking about their Value Chain - especially right now?
Featured in this episode:
Russ Clemmer, President, Legacy Advisory Partners https://www.linkedin.com/in/russclemmer/
Bill Barbour, President, WTB Consulting https://www.linkedin.com/in/bill-barbour-mba-8809ab6/
Sean Lyden, CEO, Lyden Communications LLC, podcast host https://www.linkedin.com/in/seanlyden/
To learn more about how to apply The 3 Wins Framework in your business, download our FREE whitepaper, “The 3 Wins: How to Unleash the Collaboration Effect on Profits in Your Company” here: https://www.legacyadvisorypartners.com/the3wins.
The 3 Wins Podcast is presented by Legacy Advisory Partners. https://www.legacyadvisorypartners.com/
The Great 8: A New Paradigm for Leadership, by J. David Harper, Jr. https://www.legacyadvisorypartners.com/news/the-great-8-a-new-paradigm-for-leadership.html
Disclaimer: Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. Cambridge and Legacy Advisory Partners are not affiliated.
Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Cambridge Investment Research, Inc., a registered Broker/ Dealer, Member FINRA/SIPC.
In this episode of The 3 Wins Podcast, the executive team at Legacy Advisory Partners talks about How to Navigate Your Business in a COVID-19 World.
We recorded this on April 2, 2020.
To set the stage...
Most states have issued stay-at-home orders for non-essential businesses and travel.
And this past weekend, the Trump Administration announced that it extended the federal guidelines for stay-at-home orders for another 30 days--to April 30th.
Congress also just passed the 2-trillion-dollar stimulus bill to stem the impact of COVID-19 on the U.S. economy.
What kind of impact has the Legacy team seen that COVID-19 is having on the businesses they’re speaking with? What advice do they have for business owners and executives on how to navigate these uncharted waters?
We also dig into the $2 trillion stimulus bill. What’s their take? What provisions in the bill do they see to be the most noteworthy for small and mid-sized businesses?
Featured in this episode: David Harper, CEO, Legacy Advisory Partners
Russ Clemmer, President, Legacy Advisory Partners
Marc Walker, Chief Investment Officer, Legacy Advisory Partners
Matt Joines, Certified Financial Planner, Legacy Advisory Partners
Sean Lyden, CEO, Lyden Communications LLC, podcast host
To learn more about how to apply The 3 Wins Framework in your business, download our FREE whitepaper, “The 3 Wins: How to Unleash the Collaboration Effect on Profits in Your Company” here: https://www.legacyadvisorypartners.com/the3wins.
The 3 Wins Podcast is presented by Legacy Advisory Partners. https://www.legacyadvisorypartners.com/
The Great 8: A New Paradigm for Leadership, by J. David Harper, Jr. https://www.legacyadvisorypartners.com/news/the-great-8-a-new-paradigm-for-leadership.html
Disclaimer: Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. Cambridge and Legacy Advisory Partners are not affiliated.
Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Cambridge Investment Research, Inc., a registered Broker/ Dealer, Member FINRA/SIPC.
In this episode of the 3 Wins Podcast, the executive team at Legacy Advisory Partners takes a deep dive into succession strategies for businesses.
That’s because, depending on the studies you look at, anywhere from 60% to 75% of privately-held businesses don’t have a succession plan in place in the event that the owner passes away, becomes disabled, or otherwise is unable to run the company.
So, why do so few business owners have a formal succession plan?
What are the most important points to consider when developing your short- and long-term transition plans?
And how does the lack of succession planning impact key leader retention?
We dive into these questions and more.
Featured in this episode: David Harper, CEO, Legacy Advisory Partners
Russ Clemmer, President, Legacy Advisory Partners
Marc Walker, Chief Investment Officer, Legacy Advisory Partners
Matt Joines, Certified Financial Planner, Legacy Advisory Partners
Sean Lyden, CEO, Lyden Communications LLC, podcast host
To learn more about how to apply The 3 Wins Framework in your business, download our FREE whitepaper, “The 3 Wins: How to Unleash the Collaboration Effect on Profits in Your Company” here: https://www.legacyadvisorypartners.com/the3wins.
The 3 Wins Podcast is presented by Legacy Advisory Partners. https://www.legacyadvisorypartners.com/
Disclaimer: Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. Cambridge and Legacy Advisory Partners are not affiliated.
Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Cambridge Investment Research, Inc., a registered Broker/ Dealer, Member FINRA/SIPC.