Business Brain Food

Happy 200th birthday to us! And what a treat we have for you this week: a free coaching session from one of our top dogs, David Carlin. It was David who first persuaded Ben to form the partnership that eventually became MaxMyProfit, so it was great to hear them have a chinwag about the fundamentals of business.

 

See some of David’s top tips below:

**  Be careful not to eat your house. If you can’t pay yourself in your business for an extended period, then you should think about getting out.

**  Make sure you live to your plan. Don’t become a hamster in the wheel.

**  Communication is key. If you’re in a partnership, be truthful in the bad times.

**  Playing to your strengths is understandable, but be careful to not ignore the aspects of your business that you aren’t naturally good at.

**  Don’t fall into the trap of trying to save money by devaluing your own time. Not investing can sometimes cost you “more” in real terms.

**  Remember to stop and look at what you’re doing from an outsiders’ perspective.

 

In this episode of Business Brain Food you will learn:

**  David’s ups and downs in business

**  How to exit business gracefully

**  How to approach CRMs and systems

**  The definition of success

**  SOCMO explained

**  The difference between people who succeed and people who don't

 

Resources mentioned in this episode:

**  Do you have what it takes to be a Business Excelerator at Max My Profit? Find out more here: http://www.maxmyprofit.com.au

**  The classic book that inspired David: Think & Grow Rich! (Napoleon Hill)

**  The Business Brain Food Facebook group: https://www.facebook.com/groups/businessbrainfood

**  All previous BBF episodes & show notes can be found at http://www.businessbrainfood.com.au

**  Twitter: https://twitter.com/bfewtrell

 

Call to action:

Take note of what Dave says in this episode: “if you’re down in the mud pit, you’ll only make mud pies”. Remember to look at yourself from outside of the “pit” and be prepared to make bold decisions.

Also, if you are enjoying these Business Brain Food podcasts, then make sure to share them via social media sites or email the links to family and friends. A lot of time and effort goes into producing each of these podcasts with the goal in mind of the more people we can inspire about business the better. You can help us do just that!

Until next time, have a profitable day!

Cheers,
Ben Fewtrell
(02) 9111 5000

Direct download: BBF200_Building_the_business_you_imagined_with_David_Carlin_01.mp3
Category:general -- posted at: 12:00pm AEST

We’ve got a full-on BBF love-in this week as we welcome one of our own to the BBF chair. Jess Colusso is our excellent new Digital Excelerator, so we thought we’d pick her brains and tap into her immense knowledge of digital marketing. What you’re getting in this episode is free advice that she would normally charge for, so listen up and take note!

 

See some of Jess’ top tips below:

**  Social media is good for more than just sales. See it as communication with your public.

**  Remember that no social media is designed for sales. They are designed for connectivity.

**  Don’t assume that investing heavily in social media will always be the answer. It must be part of a wider marketing strategy.

**  Define how much you want to invest per customer at the beginning of your strategy. Without this, your social media strategy will have no focus.

**  Be careful to not be too ‘salesy’ with your organic social media output. The algorithms are sophisticated enough to mark you down.

**  Social media advertising can be useful for all businesses, not just e-commerce stores.

**  You don’t need to be on every social media platform. Be on the platform your target market is on and make sure you engage properly with them.

 

In this episode of Business Brain Food you will learn:

**  How to use social media to sell

**  Why businesses struggle to sell on social media

**  How to understand analytics

**  Brand awareness

**  How to target your audience

**  Facebook Store Visits explained

**  Retargeting explained

**  Likes V engagement

 

Resources mentioned in this episode:

**  Do you have what it takes to be a Business Excelerator at Max My Profit? Find out more here: http://www.maxmyprofit.com.au

**  Find Jess’ Digital Exceleration program on our site here: https://maxmyprofit.com.au/digital-exceleration-program

**  The Business Brain Food Facebook group: https://www.facebook.com/groups/businessbrainfood

**  All previous BBF episodes & show notes can be found at http://www.businessbrainfood.com.au

**  Twitter: https://twitter.com/bfewtrell

 

Call to action:

If you want more of this no-nonsense advice to get your business up to speed in the digital space, get in touch!

Also, if you are enjoying these Business Brain Food podcasts, then make sure to share them via social media sites or email the links to family and friends. A lot of time and effort goes into producing each of these podcasts with the goal in mind of the more people we can inspire about business the better. You can help us do just that!

Until next time, have a profitable day!

Cheers,
Ben Fewtrell
(02) 9111 5000

Direct download: BBF199_Turn_your_Social_Media_into_Sales_with_Jess_Colusso.mp3
Category:general -- posted at: 12:00pm AEST

We have a truly inspiring guest on the show this week. Angela Henderson started her first business from scratch whilst working full-time and raising children. She is an author, entrepreneur and business consultant, while her previous career as a mental health clinician has enabled her to be insightful about the human meaning of the business journey.

 

See some of Angela’s top tips below:

**  Strive not be the smartest person in the room. You can learn so much from others.

**  Websites don’t need to be pretty, they need to WORK. An e-commerce specialist is more valuable than a designer.

**  Selling is just like picking someone up in a bar. You don’t immediately jump in bed with them! You have to nurture that relationship.

**  When it comes to content, think quality not quantity. Two good articles per month is better than four rushed articles.

**  If you can’t take care of yourself then you can’t take care of your business, your kids etc. Look after number one!

**  It’s okay to fail, but fail fast. Don’t waste too much time on products that don’t work.

 

In this episode of Business Brain Food you will learn:

**  The power of networking

**  How to refine your sales process

**  The importance of blogging

**  The power of chatbots

**  How Angela balanced motherhood with business

**  How to spot mental health problems in yourself

**  Angela’s three top business tips

 

Resources mentioned in this episode:

**  Do you have what it takes to be a Business Excelerator at Max My Profit? Find out more here: http://www.maxmyprofit.com.au

** Angela’s website: http://www.angelahenderson.com

**  Join Angela’s Facebook group, The Australian Business Collaborative. Link here

**  The Business Brain Food Facebook group: https://www.facebook.com/groups/businessbrainfood

**  All previous BBF episodes & show notes can be found at http://www.businessbrainfood.com.au

**  Twitter: https://twitter.com/bfewtrell

 

Call to action:

Angela is living proof that you can be successful at business without it affecting your home life. Take note!

Also, if you are enjoying these Business Brain Food podcasts, then make sure to share them via social media sites or email the links to family and friends. A lot of time and effort goes into producing each of these podcasts with the goal in mind of the more people we can inspire about business the better. You can help us do just that!

Until next time, have a profitable day!

Cheers,
Ben Fewtrell
(02) 9111 5000

 

Direct download: BBF198_Baby_means_Business_with_Andela_Henderson_01.mp3
Category:general -- posted at: 12:00pm AEST

In this week’s episode we speak to one of the world’s leading lifestyle entrepreneurs. Having run a chain of gyms in Australia, Craig decided it would be better for his wellbeing to create a global business that meant he didn’t have to leave his front room. Now he makes a profit of over a million dollars per year. His business: network marketing. Read on for how he did it…

 

See some of Craig’s top tips below:

**  Find something to do in your daily commute. See this as learning/development time.

**  80% of people fail on their journeys because of their mindset.

**  Everyone is their own business. 90% of people who join network marketing actually want to buy the product for themselves.

**  If you hate your job, do something about it! Modern technology can empower you to build a global business.

**  Have a different approach for ‘online’ and ‘offline’ marketing.

In this episode of Business Brain Food you will learn:

**  How to get your mind right for business

**  How Craig has managed to get away with not setting his alarm for years

**  How to crack network marketing

**  The benefits of an email database

 

Resources mentioned in this episode:

**  Do you have what it takes to be a Business Excelerator at Max My Profit? Find out more here: http://www.maxmyprofit.com.au

**  Craig’s website: http://www.wealthynetworkmarketer.com

**  The Business Brain Food Facebook group: https://www.facebook.com/groups/businessbrainfood

**  All previous BBF episodes & show notes can be found at http://www.businessbrainfood.com.au

**  Twitter: https://twitter.com/bfewtrell

 

Call to action:

Never has a guest delivered an immortal line like this one: “If you listen to podcasts like this, you will always win!”

Also, if you are enjoying these Business Brain Food podcasts, then make sure to share them via social media sites or email the links to family and friends. A lot of time and effort goes into producing each of these podcasts with the goal in mind of the more people we can inspire about business the better. You can help us do just that!

Until next time, have a profitable day!

Cheers,
Ben Fewtrell
(02) 9111 5000

 

Direct download: BBF197_building_a_lifestyle_business_with_Craig_Schulze_01.mp3
Category:general -- posted at: 12:00pm AEST

Is your sub-conscious holding you back? Few people will admit it, but sub-conscious insecurity is often the reason why businesses fail. This week we speak to a man who can help you find that winning habit.

Johnnie Cass is an international keynote speaker and transformational coach with 20 years of experience in human behaviour. He is quite simply obsessed with the minds of people!

 

See some of Johnnie’s top tips below:

**  See a mid-life crisis as a mid-life awakening. A sharp focus on where you’re going can make you more effective.

**  Most people wake up in the morning and remember who they are. But you can do more than that - you can create who you want to be.

**  Beware of negative intimacy. If you’re around unsuccessful people they may hold you back.

**  Are you having solution-focused conversations? Or are you just reinforcing your own negativity?

**  Look for reasons why you can overcome your challenges rather than the reasons to keep you stuck where you are.

**  “Being busy” is over-rated. Work smart!

 

In this episode of Business Brain Food you will learn:

**  Why businesses fail

**  How to deal with negative family members

**  The benefits of meditation

**  How to plan your day

**  How many hours should you work?

**  Procrastination = fear

 

Resources mentioned in this episode:

**  Do you have what it takes to be a Business Excelerator at Max My Profit? Find out more here: http://www.maxmyprofit.com.au

**  Go to http://www.johnniecass.com and sign up for his “7 ways in 7 days to be my more confident you” program

**  The Business Brain Food Facebook group: https://www.facebook.com/groups/businessbrainfood

**  All previous BBF episodes & show notes can be found at http://www.businessbrainfood.com.au

**  Twitter: https://twitter.com/bfewtrell

 

Call to action:

We’ll leave you this week with a quote from Charlie ‘Tremendous’ Jones: “The only difference now between you now and you in five years will be the books you read and the people you meet”

Also, if you are enjoying these Business Brain Food podcasts, then make sure to share them via social media sites or email the links to family and friends. A lot of time and effort goes into producing each of these podcasts with the goal in mind of the more people we can inspire about business the better. You can help us do just that!

Until next time, have a profitable day!

Cheers,
Ben Fewtrell
(02) 9111 5000

Direct download: BBF196_Why_being_busy_is_holding_you_back_with_Johnnie_Cass.mp3
Category:general -- posted at: 12:00pm AEST

This week we speak to James Polidoros, founder of a novel marketing concept called ‘The Compilator’. They specialise in digital transformation for their clients. Rather than focusing on individual media channels, they see all parts of the marketing mix as an entire eco system. James 360-degree approach has delivered some great results for his clients.

 

See some of James’s top tips below:

**  Don’t focus on a marketing channel until you’ve cracked your overall strategy. Strategy first, messaging second.

**  Don’t underestimate Bing. Bing can be good for B2B marketing because a lot of businesses have Microsoft/Bing preinstalled on their systems.

**  Video is more engaging than any other piece of content you can produce.

**  Post content regularly. Anything less than twice a week on Facebook will get you nowhere.

**  A common mistake clients make is to spread themselves too thinly across the different social media channels. Make sure you master one channel before you move onto others.

**  Understand the nuances of each social channel. Your copy should be more formal on Linkedin than Facebook, for example.

**  Beware of a marketing agency that pitches you on one single channel.

 

In this episode of Business Brain Food you will learn:

**  Affordable social media ad options

**  The pitfalls of Adwords

**  Bid adjustments explained

**  Bing V Adwords

**  UTMs explained

**  How to convert good content into sales

**  Is Twitter still useful for business?

 

Resources mentioned in this episode:

**  Do you have what it takes to be a Business Excelerator at Max My Profit? Find out more here: http://www.maxmyprofit.com.au

**  James’ company site: http://www.thecompilator.com

**  James’ email address: enquiry@thecompilator.com

**  The Business Brain Food Facebook group: https://www.facebook.com/groups/businessbrainfood

**  All previous BBF episodes & show notes can be found at http://www.businessbrainfood.com.au

**  Twitter: https://twitter.com/bfewtrell

 

Call to action:

Remember to see all of your possible marketing outlets as an ecosystem. Don’t lose sight of the big picture.

Also, if you are enjoying these Business Brain Food podcasts, then make sure to share them via social media sites or email the links to family and friends. A lot of time and effort goes into producing each of these podcasts with the goal in mind of the more people we can inspire about business the better. You can help us do just that!

Until next time, have a profitable day!

Cheers,
Ben Fewtrell
(02) 9111 5000

Direct download: BBF195_Generating_leads_online_with_a_tight_budget_with_James_Polidoras.mp3
Category:general -- posted at: 12:00pm AEST

This week we have some straight-talking advice on how to play the game of social media. Corinna Essa has really been there and done it, having used social media to save her skin after she was made redundant FIVE consecutive times! She miraculously managed to replace her income by marketing products on twitter, and now she runs a business helping people around the world use social media to boost their sales.

 

See some of Corinna’s top tips below:

**  People think social media is an ATM machine, but it really isn’t. Think of it as a long-term opportunity to add value to people.

**  Forget about asking things in return from people. Your social following will improve if you are not so blatant.

**  Be careful not to spread yourself too thinly. You don’t have to be on all social networks. It’s better to do one social network well than a wide range poorly.

**  Beware of automating your social media posts. The algorithms will mark down your reach.

**  Don’t try and sell products on social media. Entertain them and educate them, and then drive them elsewhere to make a purchase.

 

In this episode of Business Brain Food you will learn:

**  How long it should take for a campaign to become effective

**  Corinna’s incredible success story

**  Organic reach V pay-per-click

**  Which social media platform should I use?

**  The lifespan of a tweet

**  How to turn likes into sales

**  The sales funnel explained

**  The do’s and don’ts of Youtube

 

Resources mentioned in this episode:

**  Do you have what it takes to be a Business Excelerator at Max My Profit? Find out more here: http://www.maxmyprofit.com.au

**  Subscribe to Corinna’s Youtube channel: http://www.youtube.com/socialmediaworldwide 

**  The Business Brain Food Facebook group: https://www.facebook.com/groups/businessbrainfood 

**  All previous BBF episodes & show notes can be found at http://www.businessbrainfood.com.au

**  Twitter: https://twitter.com/bfewtrell

 

Call to action:

There is so much you can learn for Corinna, but if there’s just one thing you act on, you should remember to not try too hard to be all over social media. Your priority should be to smash it out of the park on one social channel, and then take it from there.

Also, if you are enjoying these Business Brain Food podcasts, then make sure to share them via social media sites or email the links to family and friends. A lot of time and effort goes into producing each of these podcasts with the goal in mind of the more people we can inspire about business the better. You can help us do just that!

Until next time, have a profitable day!

Cheers,
Ben Fewtrell
(02) 9111 5000

 

Direct download: BBF194_How_to_profit_on_Social_Media_with_Corinna_Essa.mp3
Category:general -- posted at: 12:00pm AEST

This week we talk financial planning with a man who has a great take on life. As an obsessive marathon runner himself, David Hazlewood specialises in empowering athletes and adventurers live life to the full but still retain their financial security. He is the founder of Knightswood House, an author and a speaker on all-things financial, but he is also a fun-loving guy who doesn’t believe you should sacrifice your day-to-day fun in order to save for a rainy day.

 

See some of David’s top tips below:

**  Financial planning doesn’t have to mean you sacrifice what you enjoy in life.

**  Make the time to plan properly. It’s easy to put off long-term financial planning until tomorrow, but if you don’t get around to it, you could put yourself in trouble.

**  It’s hard to make rational decisions when you’re emotionally involved. An impartial 3rd party can be a great help to your financial future.

**  Be patient. A series of small, low-risk investments in a portfolio is normally better than putting all your eggs in one basket.

**  There’s almost no such thing as an overnight success. Nearly all of the richest people in the world took a very long time to get there.

**  Remember that a financial strategy for protecting cash is going to be totally different to a strategy for building it up. “A good investment” will always depend on your individual circumstances.

 

In this episode of Business Brain Food you will learn:

**  How good financial advice can change your life

**  How to find the right expert

**  Are shares a safe investment?

**  What to do with a chunk of cash

**  When to find the right time to invest

 

Resources mentioned in this episode:

**  Do you have what it takes to be a Business Excelerator at Max My Profit? Find out more here: http://www.maxmyprofit.com.au

**  David’s company site: http://www.knightswood.com.au

**  The Business Brain Food Facebook group: https://www.facebook.com/groups/businessbrainfood

**  All previous BBF episodes & show notes can be found at http://www.businessbrainfood.com.au

**  Twitter: https://twitter.com/bfewtrell

 

Call to action:

Remember David’s philosophy: plan well, but don’t forget to celebrate your wins on the way!

Also, if you are enjoying these Business Brain Food podcasts, then make sure to share them via social media sites or email the links to family and friends. A lot of time and effort goes into producing each of these podcasts with the goal in mind of the more people we can inspire about business the better. You can help us do just that!

Until next time, have a profitable day!

Cheers,
Ben Fewtrell
(02) 9111 5000

Direct download: BBF193_Building_wealth_is_a_marathon_with_David_Hazlewood.mp3
Category:general -- posted at: 12:00pm AEST

On the show this week we have one of the leading copywriters in Australia on the show. Alexi Neocleous has generated hundreds of millions in sales and has tutored a whole host of rockstar writers down the years. It was great to hear from someone with such a no-nonsense approach – anyone in business can take something from what Alexi said to Ben.

 

See some of Alexi’s top tips below:

**  Every business needs more ‘copy thinkers’, i.e. thinking about the audience, thinking about the market, thinking about the clients.

**  Consider the individual. You will only convert if your copy can relate to the pain points/aspirations of the individual.

**  Find an individual that you know really well that falls into your market and then imagine you are crafting your message to that individual.

**  Start with the AIDA formula. Attention, Interest, Desire, Action.

**  When writing headlines, relevance to the reader is more important than length and wit.

 

In this episode of Business Brain Food you will learn:

**  When do you need copywriting?

**  Avatars explained

**  Long form V short form copy

**  Is direct mail still relevant?

**  The right length of headlines in 2018

**  The worth of headline generators

 

Resources mentioned in this episode:

**  Do you have what it takes to be a Business Excelerator at Max My Profit? Find out more here: http://www.maxmyprofit.com.au

**  Alexi’s content agency: http://www.fubbi.co 

**  Alexi’s copywriting bible, Breakthrough Advertising by Eugene M. Schwartz

**  The Business Brain Food Facebook group: https://www.facebook.com/groups/businessbrainfood 

**  All previous BBF episodes & show notes can be found at http://www.businessbrainfood.com.au

**  Twitter: https://twitter.com/bfewtrell

 

Call to action:

70% of Alexi’s campaigns in his agency involve storytelling. Do not underestimate the power of good copy that can tell your story!

Also, if you are enjoying these Business Brain Food podcasts, then make sure to share them via social media sites or email the links to family and friends. A lot of time and effort goes into producing each of these podcasts with the goal in mind of the more people we can inspire about business the better. You can help us do just that!

Until next time, have a profitable day!

Cheers,
Ben Fewtrell
(02) 9111 5000

 


How do you make email marketing a relevant part of your marketing mix? We find out from Aweber’s head of overall strategy, Erik Harbison. With 20 years of experience in marketing and advertising behind him, Erik really knows his way around. Although we hear horror stories of open rates down below 10%, Erik shows us what you can do to engage your email lists and achieve open rates of up to 80%.

 

See some of Erik’s top tips below:

**  Don’t be scared of email marketing. It’s a lot more simple than people think.

**  If you are sending the right email to a targeted segment of your database, you can achieve up to 80% open rates. Segmentation is key!

**  The deliverability of your emails is driven by many different factors. A key factor is the history of engagement on your email lists. Always make sure EVERY email is relevant, or you’ll be marked down.

**  Always think about the end action you want your readers to take once they read your email. Don’t just stop at open rates.

**  Set the expectations of your users from the beginning, i.e. “you’re signing up to a monthly email”

 

In this episode of Business Brain Food you will learn:

**  Where is email marketing right now?

**  The fear factor of email marketing

**  Open rates

**  Good ‘signals’ and bad

**  When to use a CRM

**  How best to place images in emails

**  How to monetise your subscribers

 

Resources mentioned in this episode:

**  Do you have what it takes to be a Business Excelerator at Max My Profit? Find out more here: http://www.maxmyprofit.com.au

** Go to http://www.aweber.com for a fully functional 30-day free trial

**  The Business Brain Food Facebook group: https://www.facebook.com/groups/businessbrainfood

**  All previous BBF episodes & show notes can be found at http://www.businessbrainfood.com.au

**  Twitter: https://twitter.com/bfewtrell

 

Call to action:

As Erik says, “begin with the end in mind”. Each email and each campaign behind it will only work if you focus hard on the end goal.

Also, if you are enjoying these Business Brain Food podcasts, then make sure to share them via social media sites or email the links to family and friends. A lot of time and effort goes into producing each of these podcasts with the goal in mind of the more people we can inspire about business the better. You can help us do just that!

Until next time, have a profitable day!

Cheers,
Ben Fewtrell
(02) 9111 5000

Direct download: BBF191_How_to_increase_Email_Deliverability_with_Erik_Harbison_01.mp3
Category:general -- posted at: 12:00pm AEST