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Decision Vision Episode 51: Should Married Couples Be in Business Together? – An Interview with Carol and Steve Docalavich, yourLTL

February 13, 2020 by John Ray

yourLTL
Decision Vision
Decision Vision Episode 51: Should Married Couples Be in Business Together? - An Interview with Carol and Steve Docalavich, yourLTL
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Carol and Steve Docalavich, yourLTL

Decision Vision Episode 51:  Should Married Couples Be in Business Together? – An Interview with Carol and Steve Docalavich, yourLTL

On this special Valentine’s Day edition of “Decision Vision,” Carol and Steve Docalavich of yourLTL share their journey as a married couple in business together. It’s a great episode with lots of laughs and wisdom. The host of “Decision Vision” is Mike Blake and the show series is presented by Brady Ware & Company.

Carol and Steve Docalavich, yourLTL

yourLTL
Steve and Carol Docalavich

Carol and Steve Docalavich are Co-Founders of yourLTL.

yourLTL is a completely transparent freight intelligence solution, providing direct relationships with carriers supported by our expertise in rate negotiations and proprietary cloud-based transportation management solution (TMS). They provide the most advanced TMS available, to not only find and compare carrier rates for LTL shipments, but they also allow customer specific pricing for the freight needs of their clients, not just transactional rates. There is no contracts or extra fees. They guarantee Fairness & Accountability in Rates (F.A.I.R.). It’s straight forward and transparent!

Their scalable technology helps simplify the life-cycle of the shipping process allowing multiple departments to access the same shipment from the yourLTL platform regardless of the size of your business. Their simple-to-understand user interface make it easy to find, book, and track shipments in only a few clicks.

yourLTL is a certified woman-owned and controlled business.

For more information on yourLTL, you can find their website here.

yourLTL

Michael Blake, Brady Ware & Company

Mike Blake, Host of “Decision Vision”

Michael Blake is Host of the “Decision Vision” podcast series and a Director of Brady Ware & Company. Mike specializes in the valuation of intellectual property-driven firms, such as software firms, aerospace firms and professional services firms, most frequently in the capacity as a transaction advisor, helping clients obtain great outcomes from complex transaction opportunities. He is also a specialist in the appraisal of intellectual properties as stand-alone assets, such as software, trade secrets, and patents.

Mike has been a full-time business appraiser for 13 years with public accounting firms, boutique business appraisal firms, and an owner of his own firm. Prior to that, he spent 8 years in venture capital and investment banking, including transactions in the U.S., Israel, Russia, Ukraine, and Belarus.

Brady Ware & Company

Brady Ware & Company is a regional full-service accounting and advisory firm which helps businesses and entrepreneurs make visions a reality. Brady Ware services clients nationally from its offices in Alpharetta, GA; Columbus and Dayton, OH; and Richmond, IN. The firm is growth minded, committed to the regions in which they operate, and most importantly, they make significant investments in their people and service offerings to meet the changing financial needs of those they are privileged to serve. The firm is dedicated to providing results that make a difference for its clients.

Decision Vision Podcast Series

“Decision Vision” is a podcast covering topics and issues facing small business owners and connecting them with solutions from leading experts. This series is presented by Brady Ware & Company. If you are a decision maker for a small business, we’d love to hear from you. Contact us at decisionvision@bradyware.com and make sure to listen to every Thursday to the “Decision Vision” podcast. Past episodes of “Decision Vision” can be found here. “Decision Vision” is produced and broadcast by the North Fulton studio of Business RadioX®.

Visit Brady Ware & Company on social media:

LinkedIn:  https://www.linkedin.com/company/brady-ware/

Facebook: https://www.facebook.com/bradywareCPAs/

Twitter: https://twitter.com/BradyWare

Instagram: https://www.instagram.com/bradywarecompany/

Show Transcript

Intro: [00:00:01] Welcome to Decision Vision, a podcast series focusing on critical business decisions brought to you by Brady Ware & Company. Brady Ware is a regional full-service accounting and advisory firm that helps businesses and entrepreneurs make visions a reality.

Mike Blake: [00:00:20] And welcome to Decision Vision, a podcast giving you, the listener, a clear vision to make great decisions. In each episode, we discuss the process of decision making on a different topic from the business owners or executives’ perspective. We aren’t necessarily telling you what to do, but we can put you in a position to make an informed decision on your own and understand when you might need help along the way.

Mike Blake: [00:00:39] My name is Mike Blake and I’m your host for today’s program. I’m a director at Brady Ware & Company, a full-service accounting firm based in Dayton, Ohio, with offices in Dayton, Columbus, Ohio, Richmond, Indiana, and Alpharetta, Georgia, which is where we are recording today. Brady Ware is sponsoring this podcast. If you like this podcast, please subscribe on your favorite podcast aggregator and please consider leaving a review of the podcast, as well.

Mike Blake: [00:01:02] So, the topic that we’re going to do today, and if all goes well, this is going to be released right before or on Valentine’s Day, is couples that going to business together. And I find this an interesting topic. And as it happens, my wife actually came in earlier today to do another interview on selling over Amazon as a retail channel, where, you know, she’s very good at that and I know nothing. But, you know, early in our married life, every time that we tried to have our business lives intersect with one another, it was usually ending up with one of us doing an internet search for divorce attorney.

Mike Blake: [00:01:02] It did not work particularly well. And we both recognized that and we tried to stay away from that. Over time, it’s gotten a little bit better. She’s like, “Yeah, now, you can ask me about how the business is going if you want.” That’s about it. And you probably won’t have to sleep on the couch. And I’ll kind of be on the same way. You can ask me about the business if you want and I may or may not decide to sleep on the couch. So, I have admiration for people who are able to do that.

Mike Blake: [00:02:15] It doesn’t mean that I think our marriage is bad, we’re 20 years together and she hasn’t thrown me out yet. And every day I go home and the key works as a blessing for me. But I do think that I’ve noticed there are couples that have that capacity to work together. And I know that I’m not the only person that’s curious about that, especially in today’s world where, you know, the nature of jobs is different and people going into business for themselves, it’s really never been easier.

Mike Blake: [00:02:44] I think we’re seeing that, you know, more and more and more. But how do you manage the dynamic of a romantic relationship being intertwined with a business relationship? So, as I said, this is not something that I am, at all, an expert on, except that I know that for my personality type, we’re staying away from that. So, we’ve brought in people who can talk about that with us because they appear to have been doing it successfully. And if not, maybe there’ll be some radio drama instead.

Mike Blake: [00:03:13] So, either way, this is going to be a win for the listener. Joining us are Carol and Steve Docalavich, who are co-founders of yourLTL, LTL or less than truckload software platform that provides a visual dashboard of shipping cost allocations, load manifests, shipment tracking, and discrepancy alerts. yourLTL is cloud-based and is continuously enhanced to improve the customer experience dedicated to simplicity and return investment for your less than truckload shipping. They’re also co-founders of Vestra Logistics, a freight brokerage company.

Mike Blake: [00:03:47] And both firms are located just down the road here in Alpharetta. And they also do some real estate management and investing together. Carol, in particular, is a serial entrepreneur, having launched several businesses in coffee, tea import/export, franchise advisory, property management. And Steve comes from a background of having been an air traffic controller for 23 years. So, thank you for making sure I landed safely all those times.

Steve Docalavich: [00:04:12] You’re welcome, Mike.

Mike Blake: [00:04:13] Carol and Steve, thanks for coming on the program.

Carol Docalavich: [00:04:16] Yeah, thanks, Mike.

Mike Blake: [00:04:17] So, how long have you been married and how long you’ve been in business together?

Steve Docalavich: [00:04:23] Eight years on the 14th. Eight years on the 14th.

Mike Blake: [00:04:27] Of this month?

Steve Docalavich: [00:04:29] Yeah.

Carol Docalavich: [00:04:29] Yeah.

Mike Blake: [00:04:29] Well, congratulations. That’s great.

Carol Docalavich: [00:04:32] Yeah.

Mike Blake: [00:04:32] And so, I mean, which came first?

Carol Docalavich: [00:04:37] Match.

Steve Docalavich: [00:04:38] Yeah. So-

Carol Docalavich: [00:04:39] match.com.

Mike Blake: [00:04:40] No kidding?

Steve Docalavich: [00:04:40] Yeah. That’s because Tinder wasn’t around at the time.

Mike Blake: [00:04:45] Well, you know, timing is everything, right?

Steve Docalavich: [00:04:47] Yes, that’s right.

Mike Blake: [00:04:47] So, you found each other on Match. And at that point, did you start to realize that both of you kind of had an entrepreneurial bat that you needed to be, wanted to be in business for yourselves or-

Steve Docalavich: [00:05:00] No.

Mike Blake: [00:05:00] So, how did that evolve?

Steve Docalavich: [00:05:03] Not at all. She was already in business for herself. Actually, we had met. I was an air traffic controller in California and we didn’t meet, meet, but we met only through one of her businesses. I moved from California to Washington Center, which is in Northern Virginia. And when I moved, the FAA moved me and the movers broke or scratched every piece of furniture I had. And so, I called the moving company and I said, “Hey, what I do about this?” Said, “Don’t worry about it, we’re going to send over a van.” This guy, he’s magical. So, they sent over a van and it was called Furniture Medic. I didn’t know what that was. Well, he came in, an hour later, everything was perfect. I was like, “This is amazing.” I never forgot about it, because that was in 1996, I met her in 2012, and she is the founder of Furniture Medic.

Mike Blake: [00:05:55] Oh, no kidding?

Steve Docalavich: [00:05:56] Yeah.

Carol Docalavich: [00:05:57] Yeah.

Mike Blake: [00:05:57] So, how did you get to meet the owner then? I mean, were you such a pain in the ass-

Steve Docalavich: [00:06:02] No, no, no.

Mike Blake: [00:06:02] … that you basically said, “I want to speak to the owner, this is unacceptable.”

Steve Docalavich: [00:06:05] What I’m saying is I surreptitiously, I figuratively met her through her business.

Mike Blake: [00:06:11] Okay.

Steve Docalavich: [00:06:11] And then, in 2012, we actually were out on a date. So-

Carol Docalavich: [00:06:16] Now, we sold that business to—I’m trying to think which company that was with Landmark—but no, Service Master is who actually bought that business. And so, that was much before his time. So-

Steve Docalavich: [00:06:32] Yes, I was controlling airplanes, I was making sure you’re safe, Mike.

Carol Docalavich: [00:06:35] Yeah.

Mike Blake: [00:06:35] Thank you for that.

Steve Docalavich: [00:06:36] You’re welcome.

Carol Docalavich: [00:06:37] And a few businesses more a divorce. And then, we met on Match. You hate when I tell the story, but we actually met in June-

Mike Blake: [00:06:48] This is the internet.

Carol Docalavich: [00:06:49] … before we officially started dating in November. He sent a couple emails and apparently, I didn’t respond. So, I must not have been interested at the time. But now, we met in November just before Thanksgiving and we married six-and-a-half weeks later.

Steve Docalavich: [00:07:08] So, this is an example of how she has to win, Mike. So, she has to say, preemptively, that, “I ignored his e-mails before I acknowledged his e-mails.” So, that’s something.

Mike Blake: [00:07:20] But it certainly turned out all right. And a pretty quick turnaround, six-and-a-half weeks.

Carol Docalavich: [00:07:26] Yeah, six-and-a-half.

Mike Blake: [00:07:27] So, I guess as an entrepreneur, you’re just used to making important decisions fast.

Carol Docalavich: [00:07:30] That’s right. Absolutely.

Steve Docalavich: [00:07:32] And since I’m an air traffic controller, I just make bad decisions?

Mike Blake: [00:07:35] Well, if I’ve learned anything from pushing 10, you definitely to make decisions quickly, too, there, right? So-

Steve Docalavich: [00:07:41] Absolutely. Absolutely. And drink.

Carol Docalavich: [00:07:43] So, I was in the real estate business at the time just after the crash. And, you know, I’d been flipping homes and doing rental homes, about 30 or 40 a month at the time. And so, we got married and I said, “Look, you know, why don’t you join the company after you retire”, and, you know, that sort of thing. So, we kind of, you know, went down that path. And so, he started working with me when he could. You know, he’d not retired yet. So, he soft-stepped into it.

Steve Docalavich: [00:08:18] It just so happened, I lost my medical right around that time, so I had to retire. Either retired or got an office job, so I just said, “I’ll retire.” And then, I got an office job with her. So-

Mike Blake: [00:08:28] You lost your medical, meaning you lost your medical clearance to do that job?

Steve Docalavich: [00:08:31] Right. Right. Exactly.

Mike Blake: [00:08:31] Okay. I didn’t know that.

Steve Docalavich: [00:08:32] Yeah.

Mike Blake: [00:08:32] Okay.

Steve Docalavich: [00:08:32] That’s why I was only in there for 23 years instead of 30.

Mike Blake: [00:08:36] I figured you’re just burned out.

Steve Docalavich: [00:08:38] Yeah, I was burned at 15.

Mike Blake: [00:08:39] There’s got to be some burnout in that job.

Steve Docalavich: [00:08:40] I was burned out at 15. So-

Mike Blake: [00:08:43] And at that point, I mean, interestingly then, you didn’t have any hesitation about joining the business and basically being around involved with each other all the time, because not every married couple honestly wants or thrives doing that.

Steve Docalavich: [00:08:59] Well, I mean, it was new.

Mike Blake: [00:09:01] Yeah.

Steve Docalavich: [00:09:01] I didn’t know what that would be like. It seemed to me I want to spend all of the time with her, I could, so hey, why not? Let’s work together. And when we were doing this, there was a property management company in Atlanta that it was managing thousands of homes. They were doing it for one of these—I think it’s Blackstone.

Carol Docalavich: [00:09:26] No, they were doing it for—it was Key.

Steve Docalavich: [00:09:27] It was Key.

Carol Docalavich: [00:09:27] But they were at the time, and there’s still a lot of this around, but, you know, investment companies were selling properties to overseas investors. And so, they were managing these overseas investors and they got bought out, you’re right, by Blackstone.

Steve Docalavich: [00:09:43] Right.

Carol Docalavich: [00:09:44] So, all the ones that weren’t owned going to be owned by Blackstone, they said, you know, “Let’s go find other management.” So, we took over a chunk of about 300 houses at one time for this management.

Steve Docalavich: [00:10:00] And we didn’t even have a business at the time for managing that. We had to build one immediately to do it.

Carol Docalavich: [00:10:05] We did it in about two weeks.

Steve Docalavich: [00:10:07] Oh, my gosh. It was incredible. And I quit. I mean, that’s one of the businesses we did. And I said, “Look, I can’t. You and I can’t do this together”, because it was the most negative business I’ve ever seen.

Mike Blake: [00:10:20] Why? What about it is so negative?

Carol Docalavich: [00:10:23] Nobody’s happy. Owners aren’t happy. Renters aren’t happy.

Steve Docalavich: [00:10:26] Yeah. So, all the owners are international, right? So, everything that goes wrong, they’re mad about.

Mike Blake: [00:10:30] Yeah.

Steve Docalavich: [00:10:30] And the houses, you know, that these people were renting were, you know, they’d have problems and, you know, they were mad. So, it was—I think we built it to 500, 600 houses and sold it. I mean, she was already selling to all these international buyers anyway, so she had that relationship. So, we kind of sold that portion of the business and kept the houses.

Carol Docalavich: [00:10:53] Yeah, our houses.

Steve Docalavich: [00:10:54] Yeah, our houses.

Carol Docalavich: [00:10:54] Yeah, our houses.

Steve Docalavich: [00:10:55] Yeah.

Carol Docalavich: [00:10:55] And then, sold those off separately. Actually, the Blackstone was who bought our portfolio. So-

Steve Docalavich: [00:10:59] Thank you, Blackstone.

Carol Docalavich: [00:11:00] … he came back on board after that.

Steve Docalavich: [00:11:02] Yeah.

Carol Docalavich: [00:11:02] So, he retired for just a second.

Steve Docalavich: [00:11:04] Yeah. That was about it.

Mike Blake: [00:11:05] Like one of the Brett Favre retirements.

Steve Docalavich: [00:11:07] Yeah.

Carol Docalavich: [00:11:07] Yeah.

Steve Docalavich: [00:11:07] It was a month. And then, I went to the Eagles.

Mike Blake: [00:11:11] So, Steve, let me start with you then, because you’re transitioning from air traffic control, a government job, I guess, right? I think it’s all government-

Steve Docalavich: [00:11:21] It’s all government.

Mike Blake: [00:11:22] … jobs, right? And now, you’re going to be an entrepreneur in the real estate business.

Steve Docalavich: [00:11:28] Right.

Mike Blake: [00:11:28] Do you know anything about real estate? Were you any good at Monopoly, at least?

Steve Docalavich: [00:11:30] Define know anything. No.

Mike Blake: [00:11:33] Were you any good at Monopoly? Do you notice once they got the blue properties and-

Steve Docalavich: [00:11:36] Yeah, Park Place and Boardwalk.

Mike Blake: [00:11:37] Yeah.

Steve Docalavich: [00:11:37] Absolutely. It was easy. I mean, all you had to do was lean on her and she, you know, I went and got a cup of coffee for her every once in a while, and made some copies. And I came up, I’m an idea guy, Mike.

Mike Blake: [00:11:50] Okay. Yeah.

Steve Docalavich: [00:11:50] So, I get a lot of good ideas. I think today was an idea of mine. It was probably a mistake. But no, it’s easy when you get somebody who knows what they’re doing. So, she’s taught me a lot over the last eight years.

Mike Blake: [00:12:05] Now, how about you? You’ve got an independent streak to you, right?

Carol Docalavich: [00:12:10] Just a little.

Mike Blake: [00:12:11] Which is why you’ve been in business for yourself as long as I can kind of track your career, right?

Carol Docalavich: [00:12:17] Yeah.

Mike Blake: [00:12:17] And now, here comes this interloper-

Carol Docalavich: [00:12:18] Yeah.

Mike Blake: [00:12:18] … that’s going to come in and sort of share the wheel with you. Was that hard or is it scary maybe? Was there any concern about that or-

Carol Docalavich: [00:12:29] Yeah, I guess probably at first. You know, I figured if you can direct hundreds of airplanes at one time, you probably can handle pretty stressful situations with-

Mike Blake: [00:12:37] That’s fair.

Carol Docalavich: [00:12:39] You know? So, I figured the stress he could endure and the rest of it was just, you know, he’s a pretty intelligent guy. He likes to say, “I don’t know”, because then, that just gets you a lot to do and stuff, right? Like, you know, that’s your—

Mike Blake: [00:12:52] That’s my go-to, yeah.

Carol Docalavich: [00:12:52] … pat answer. Right. Exactly.

Mike Blake: [00:12:55] Yeah.

Carol Docalavich: [00:12:55] But no, he really caught on really quickly. And, you know, I used to say, “This is not a government job, you know, we like work really long hours and get paid for just a few of them.” So, unlike government, where, you know, they work 40 hours and step out. No, he was really game. And he does really good at letting me take the lead. He does really good with that.

Steve Docalavich: [00:13:20] Can I talk now?

Carol Docalavich: [00:13:21] Yeah, go.

Steve Docalavich: [00:13:21] Okay. So—

Mike Blake: [00:13:22] Speaking of which.

Steve Docalavich: [00:13:25] It’s called fake it until you make it, Mike, is what, you just look confident and stand in the corner. And then, she basically tells me what to do. But-

Carol Docalavich: [00:13:33] That’s so not true.

Steve Docalavich: [00:13:35] Well, I mean-

Carol Docalavich: [00:13:36] Not now.

Mike Blake: [00:13:38] Even to a certain extent, though, I mean, there was a learning process for you, right?

Steve Docalavich: [00:13:41] Oh, absolutely.

Mike Blake: [00:13:42] And not everybody can walk into that and be vulnerable and say, you know, “I don’t know. I don’t know what I’m doing.” And men have a harder time with that than women, I think.

Steve Docalavich: [00:13:52] I don’t have a problem with that. Actually, I’ve been doing that my whole career as an air traffic controller. But now, we would go out and we go look at houses and we purchase that, I go, you know, “I didn’t know what was good and what wasn’t good to buy.” So, it was an evolution there and it was fun. It wasn’t-

Carol Docalavich: [00:14:11] That business was really fun.

Steve Docalavich: [00:14:13] It was. It’s not technical, was not difficult, it’s simply, there’s a house, buy it, don’t buy it. Put somebody in it, flip it.

Carol Docalavich: [00:14:24] Yeah.

Steve Docalavich: [00:14:24] Yeah, that kind of thing. So, that was fun. I mean, what we’re doing now has been an absolute learning-

Carol Docalavich: [00:14:32] That’s been a learning curve for both of us, yeah.

Steve Docalavich: [00:14:33] Yeah, but it’s been fun.

Carol Docalavich: [00:14:35] Yeah.

Steve Docalavich: [00:14:36] It’s been fun, because it’s like it goes from one thing to another to another.

Carol Docalavich: [00:14:40] We’re never bored.

Steve Docalavich: [00:14:40] We’re never bored. We’re always together. And I talked about this with you last week, I think I said-

Carol Docalavich: [00:14:46] Before we knew about your questions.

Steve Docalavich: [00:14:49] Yeah. And I don’t even think about spending time other than playing golf.

Carol Docalavich: [00:14:55] Yeah.

Steve Docalavich: [00:14:55] I mean, I want her to play golf with me and she won’t, because she doesn’t want to embarrass herself.

Carol Docalavich: [00:14:58] I would not have time to learn.

Steve Docalavich: [00:14:59] Right. Well, exactly. But I mean, if she could go play golf with me, I’d love to take her playing golf. That’s what I think is, some people can do that, some people can’t. But, you know, she could be with me all the time as far as I’m concerned.

Mike Blake: [00:15:12] As an aside, I remember when my wife and I were in our 20s, she said, you know, “You really got to think about taking up golf, it would really help your career.” And I said, “Let’s watch a game of golf and see if you still think that”, right? And, you know, as you know, a game of golf is not like a game of darts, it’s not over in 20 minutes. It’s like, you know, a game of golf is an all-day event. And to be any good at it where it does help your career, because you’re shooting 298, that’s not going to help your career if every other ball is in the pond-

Carol Docalavich: [00:15:44] Sure.

Mike Blake: [00:15:44] … or hurt somebody. So, you know, “If you really want this, I’m out one day every weekend while it’s warm until I get sort of good.” She’s like, “Never mind, your career is just fine.”

Carol Docalavich: [00:15:59] Yeah, he does try to play just about every weekend. And so, we do have time apart then.

Mike Blake: [00:16:04] Yeah.

Carol Docalavich: [00:16:04] And, you know, I mean, we’re like most couples, we separate. You know, like I go read and he watches a foreign film or some, you know, documentary or-

Steve Docalavich: [00:16:12] We don’t sit in the same office anymore.

Carol Docalavich: [00:16:14] No, we don’t sit in the same. We did for a long time, though.

Steve Docalavich: [00:16:16] We did, yeah.

Carol Docalavich: [00:16:16] We sat in the same office.

Steve Docalavich: [00:16:18] And then, she let me have my own.

Carol Docalavich: [00:16:21] I didn’t have to listen to every conversation there.

Mike Blake: [00:16:26] Well, I’m curious, what was the dynamic that warranted you to have the same office? My wife and I share the same office at home, which means I’m normally out at Starbucks when she’s working. But what made you want to do that? And then, what changed that made you decide you didn’t want to do that anymore?

Steve Docalavich: [00:16:41] She’s on the phone constantly.

Mike Blake: [00:16:43] Yeah.

Carol Docalavich: [00:16:43] Yeah.

Steve Docalavich: [00:16:44] And I’m just getting up and leaving and finding another desk-

Mike Blake: [00:16:48] Right.

Steve Docalavich: [00:16:48] … with a computer and work from there. So, we had that.

Carol Docalavich: [00:16:51] That’s fair.

Steve Docalavich: [00:16:51] You know, she is never not on the phone and I’m never on the phone.

Carol Docalavich: [00:16:56] Yeah. Well, the first thing is when we started this business, you know, we just went into a space. We didn’t know what we needed yet. You know, we didn’t know what size. We didn’t know how many employees. We had no idea. And so, we just kind of rented a small space. And, you know, it was like, “Okay, we know we need accounting in one, you can lock that door”, you know, those sorts of things. “So, look, there’s one office left. Okay, we can put two desks in it, we can share it.”

Mike Blake: [00:17:22] Okay.

Carol Docalavich: [00:17:22] And I think was a good learning curve for you, too, to be able to hear a lot of that. And then, there are times that I have to kick him under the table, so there’s certain, you know-.

Steve Docalavich: [00:17:31] She’s done that twice already.

Carol Docalavich: [00:17:32] So, there’s certain conversations that I still have to say, you know, like there’s certain jokes or we’ll say, “No, he can’t go to that meeting.”

Steve Docalavich: [00:17:40] Okay. So-

Carol Docalavich: [00:17:41] Or, for sure-

Steve Docalavich: [00:17:41] … I don’t know.

Carol Docalavich: [00:17:43] No.

Steve Docalavich: [00:17:43] What?

Carol Docalavich: [00:17:43] You’re not going to tell that joke.

Steve Docalavich: [00:17:44] I’m not going to tell the joke, but I’ll give the—so anyway, no matter what, and this is strategic, so I don’t have to go to meetings, is there’s always a dead hooker joke-

Carol Docalavich: [00:17:55] Somewhere.

Steve Docalavich: [00:17:57] … somewhere in the meeting. And she’s like, “You can’t come.” “That’s okay. Great. That’s fine”, you know. But I’m not in sales. I’m not in sales, I’m more operational, I’m not marketing, I’m not into those things, I work with the people in the office more than I do people outside the office.

Mike Blake: [00:18:09] I don’t know how much mileage I can get by threatening to do a dead hooker joke.

Steve Docalavich: [00:18:12] It works.

Mike Blake: [00:18:13] I’m going to try that.

Carol Docalavich: [00:18:14] He actually almost went to jail over that, so there’s-

Mike Blake: [00:18:16] Really?

Carol Docalavich: [00:18:16] … real story there.

Steve Docalavich: [00:18:18] Yeah. Well, I was on the phone with an attorney a couple of months ago.

Carol Docalavich: [00:18:24] It’s true.

Steve Docalavich: [00:18:24] And he was talking about our terms and conditions and he was—

Carol Docalavich: [00:18:28] Really negotiating it.

Steve Docalavich: [00:18:30] Yeah. And he was talking about—I can’t remember what it was. So, I threw the dead hooker at him.

Mike Blake: [00:18:34] This is your attorney.

Steve Docalavich: [00:18:37] Right. I said, “Look, we don’t because-” No, it’s not my attorney. He was another company.

Carol Docalavich: [00:18:41] He was a client’s attorney.

Mike Blake: [00:18:43] The other side’s, okay.

Steve Docalavich: [00:18:43] That was doing our terms of conditions, they want to do business with us.

Mike Blake: [00:18:45] Okay.

Steve Docalavich: [00:18:45] But they had a problem with something in there saying, you know, the liability part. And I was like, “Look, it’s not like all these truckers have dead hookers in the back and they’re running in a busload of nuns. I said, we got that covered. We have insurance for that. You don’t have to worry about that.” And there was silence and our business partner, Chase, was jumping up and down, screaming silently at me, right?

Carol Docalavich: [00:19:07] So true.

Steve Docalavich: [00:19:07] Because he was mad. And then, the guy on the other end of the phone just started laughing.

Carol Docalavich: [00:19:11] It was one of those delayed like, you don’t know exactly what’s coming.

Mike Blake: [00:19:15] Right. Chirp, chirp, chirp.

Steve Docalavich: [00:19:15] I knew it was coming. I knew it was coming.

Carol Docalavich: [00:19:18] Yeah. So, there are-

Steve Docalavich: [00:19:18] I used to do it all the time.

Carol Docalavich: [00:19:20] … certain times he can’t get go to me.

Mike Blake: [00:19:23] So, I’ve observed two things about you guys, because, you know, we’re doing some things together a little bit. And one is that every time I’ve interacted with you as clients, you’re always together.

Carol Docalavich: [00:19:38] Yeah.

Mike Blake: [00:19:38] Which is interesting. Is that by design? Is that a business strategy or it’s because eight years later, you’re still newlyweds and you can’t get enough of each other? What is that?

Carol Docalavich: [00:19:49] I think it’s somewhat both. I mean, we even run errands together.

Steve Docalavich: [00:19:53] Yeah.

Carol Docalavich: [00:19:53] Yeah. And I think that’s why we married. So, to back up just a minute, when we got married, I mean, you know, when we said we were getting married, my family was like, “What the heck? Like you plan-” Everything’s a plan for me, like, you know, and they were like, “No, no. If you love him in a year, you know, we can, you know, hold off.” And, you know, I was like, “No, I know what I don’t want. And he’s none of those things.

Mike Blake: [00:20:18] Okay.

Carol Docalavich: [00:20:18] So I’m going to go for this.” You know, I was in my 40s, had been married 20-plus years the first time. So, you know, I was like, you know, “No, we’re going to do this.” But I think a lot of that has to do with we just enjoy each other’s company. Sometimes, he’ll go to work like this morning and it’s like, we didn’t do it today, but sometimes, he’ll leave and I won’t see him and we’ll end up in the same color, like we’re going to work and I’ll go, “Oh, my God. We both were blue. This is so stupid. How do we do this?” But yeah. I mean-

Mike Blake: [00:20:49] Oh, it means then there is an old name practice, right?

Carol Docalavich: [00:20:50] Yeah, exactly. I mean, we’re in sync sometimes just like that.

Steve Docalavich: [00:20:54] We look like old people-

Carol Docalavich: [00:20:56] Yeah, we do.

Steve Docalavich: [00:20:57] … with those. I remember seeing my grandparents in a picture one time, they’re both wear the same jacket with those barrel buttons.

Carol Docalavich: [00:21:03] No, we don’t do that.

Steve Docalavich: [00:21:04] No, I know, but I’m like, “How did they do that?” But I can see how it happens.

Carol Docalavich: [00:21:07] Yeah, I really can.

Mike Blake: [00:21:09] Now, the other thing I’ve noticed is you guys laugh a lot.

Carol Docalavich: [00:21:13] Yes. So-

Mike Blake: [00:21:13] And that’s not just an act, is it?

Carol Docalavich: [00:21:14] No. And that was probably, I would say, the first night that we had dinner together.

Steve Docalavich: [00:21:21] Whoa, whoa, whoa, where are you going with this?

Carol Docalavich: [00:21:22] Oh, stop it.

Mike Blake: [00:21:24] She said dinner.

Carol Docalavich: [00:21:25] First night we had dinner together-

Steve Docalavich: [00:21:27] Yeah.

Carol Docalavich: [00:21:28] … we laughed the entire—I mean, it was constant the whole two hours that we had dinner together.

Steve Docalavich: [00:21:35] I’m a funny guy.

Carol Docalavich: [00:21:36] That’s true.

Steve Docalavich: [00:21:37] Next question, Mike.

Carol Docalavich: [00:21:37] You won the lottery.

Mike Blake: [00:21:40] No. And I’m not trying to put anybody on the couch here, but that laughter, I think, is indicative of the kind of humor that you need to overcome the obstacle, right?

Carol Docalavich: [00:21:54] Yeah, absolutely.

Mike Blake: [00:21:54] Because not everything has gone exactly the way that you wanted it to in business, correct?

Carol Docalavich: [00:21:59] For sure, this last six years. But yeah. Yeah.

Mike Blake: [00:22:02] So talk about a crisis in business that you guys faced together.

Carol Docalavich: [00:22:09] Oh, God. Which one?

Mike Blake: [00:22:13] Well, you-

Carol Docalavich: [00:22:13] You want to pick a subject?

Steve Docalavich: [00:22:14] No.

Mike Blake: [00:22:15] I mean, the juicier, the better.

Carol Docalavich: [00:22:17] Yeah, I’m sure.

Mike Blake: [00:22:17] If there is a dead hooker involved, if you guys revisit that, go.

Steve Docalavich: [00:22:20] Well, Mike, I know I’ve told that joke to you in one of our meetings. I know for a fact-

Carol Docalavich: [00:22:24] Do not tell it.

Steve Docalavich: [00:22:25] I know, but I just know I told it to him and he’s acting like he’s so surprised, you never heard this before.

Carol Docalavich: [00:22:29] I’m sure you haven’t brought it up at Brady Ware.

Steve Docalavich: [00:22:30] Oh, my God. How many times have we had meetings?

Carol Docalavich: [00:22:34] Too many.

Mike Blake: [00:22:35] A lot.

Steve Docalavich: [00:22:36] We’ve had the same meeting 15 times, don’t tell me about it. I mean, because we come in there with same issue all the time.

Carol Docalavich: [00:22:42] Oh, God, so many crises. So, this has been the toughest business I’ve ever tried to learn to run.

Steve Docalavich: [00:22:49] Which one?

Carol Docalavich: [00:22:51] Being in transportation, period.

Mike Blake: [00:22:52] Okay.

Carol Docalavich: [00:22:53] You know, a lot of people that do this, they are brokers who worked for another broker who leave with a book of business. And pretty much even with my first husband, everything we did, we pretty much pioneered. They were, you know, new ideas or there wasn’t maybe just a couple of different companies doing it, but they were relatively pioneered industries. And so, this one, we were like, this one over here said, “Well, how hard could this be?” Yeah, famous last words.

Steve Docalavich: [00:23:21] I said that.

Carol Docalavich: [00:23:21] Yeah.

Mike Blake: [00:23:21] Right up there with, hold my beer, right?

Steve Docalavich: [00:23:23] Oh, yeah.

Carol Docalavich: [00:23:23] Yeah, exactly.

Steve Docalavich: [00:23:25] Absolutely.

Carol Docalavich: [00:23:25] So, I think, you know, very first load we moved on the truckload side was a $40,000 claim. You are not prepared for that. I mean, you have no idea. We had no idea what we were doing. And my mentor said, “Good god, girl, can’t you started A, B and C, did you have to jump all the way to S?” You know, I mean, we literally, immediately, our first official day of business. I mean, we kind of been doing it for like a month trying to build up to getting business. So, I mean, that was the first one. And that was a real crisis, because you don’t know if you’re on the hook for that. And we didn’t know, are we on the hook for the 40 grand or, you know-

Steve Docalavich: [00:24:01] I knew.

Carol Docalavich: [00:24:02] God. But you did. You stepped us through all that. You figured out-

Steve Docalavich: [00:24:09] It wasn’t very difficult. I mean, the-

Carol Docalavich: [00:24:10] At first.

Steve Docalavich: [00:24:10] … carriers, you know, they’re the primary behind that. And it turned out fine. But yeah, we’ve had plenty of times in these two businesses that something hits the fan or whatever and you just got to deal with it. It’s a lot easier. I mean, I lean on her a lot. And then, you know, I’m the strong, silent type, because I don’t have much smart to say. And, you know, she appreciates that. You know, “Wow, you just-”

Mike Blake: [00:24:39] That didn’t stop me.

Steve Docalavich: [00:24:41] No. Yeah, yeah, yeah. So, I mean, she’s like, “Wow, you’re just such a rock and I can count on you to be-“, you know. I’m like, “I’m not saying anything because I don’t know what to say.” But she’s great at handling that kind of stuff and she points in the right direction and, you know, we go that way. There are no bones about who is the brains in the family. And I don’t want to say short bus, but I’m on a bus going somewhere. But no, you know, going back to what we’re talking about here, I enjoy being around my wife. We’re best friends and I don’t think that that’s going to change anytime soon.

Carol Docalavich: [00:25:19] Yeah. And I mean, you know, anytime you start a business, I mean, you know, like at any time in whether you buy one, whether you started from scratch or, you know, whatever you do, you know, there’s small crises almost every day, right? So, we deal with a lot of that. But, you know, he plays that part really well. But, you know, he is the person I go to and say, “All right. Hear me out. What do you think?” You know, he calls them at 3:00 o’clock in the morning, like I’ll say, “Are you up?”

Steve Docalavich: [00:25:51] That’s exactly what it is.

Carol Docalavich: [00:25:51] I’ll say-

Steve Docalavich: [00:25:51] That’s exactly what it is.

Carol Docalavich: [00:25:54] “Go make the coffee.”

Mike Blake: [00:25:55] “Are you up?”

Carol Docalavich: [00:25:56] “Are you up? Go make the coffee.” And it’s usually somewhere between 2 and 3 o’clock in the morning. We’ve had lots of those. You know, as you talk yourself through this and what you’re going to do and directions and he’s an excellent sounding board. And I usually come away from those talks with feeling really confident about the decision we’re going make. So-

Mike Blake: [00:26:18] And I got to imagine that air traffic control, everything else just must sort of pale in comparison, right? It’s about working processes.

Steve Docalavich: [00:26:27] Yeah. But, you know, it’s something that—the thing about that is it’s not the same every day, but, you know, it’s proceduralized to a point and then, there’s weather and then, there’s bad rides and then, there’s 9/11, right? There’s something. But otherwise, 99% of the time, it’s pretty proceduralized. You got guys coming in from here, they’re going there. There’s a profile that you need to create in your mind to keep them away from these guys that are going here, landing there, right? So, basically, everybody who’s entering your airspace is separated before they get there, because you have a plan. Not so much in the business world. I mean, it changes every day. You can proceduralize anything you want, but you can’t stop the wind from blowing, right?

Mike Blake: [00:27:11] Yeah.

Steve Docalavich: [00:27:11] It just depends.

Carol Docalavich: [00:27:13] Especially transportation.

Steve Docalavich: [00:27:14] Yeah, especially transportation. It’s a-

Carol Docalavich: [00:27:15] I mean, it’s a combustible engine and a human being, you know. And I mean, we have little to-

Steve Docalavich: [00:27:22] Nothing could go wrong.

Carol Docalavich: [00:27:23] Yeah, nothing can go wrong. But, you know, I don’t know that there’s any one crisis that like jumps out. There’s just been, you know, you go left, you go right, you go left, you go right. You know, there isn’t really a day that I go home and go, “Oh, well, that was so smooth today.” And-

Steve Docalavich: [00:27:42] It’s all about the people you employ.

Carol Docalavich: [00:27:44] Yeah.

Steve Docalavich: [00:27:44] It really is in this business.

Carol Docalavich: [00:27:46] Yeah.

Steve Docalavich: [00:27:46] You know, people you don’t have to keep watching, right?

Mike Blake: [00:27:49] Yeah.

Steve Docalavich: [00:27:49] You can trust them, do your job.

Carol Docalavich: [00:27:51] And we do a pretty good job, I think, of bringing on solid people that support us.

Steve Docalavich: [00:27:56] Yeah.

Mike Blake: [00:27:58] So, let me switch gears here, has there ever been a point at which one of you has offered the other constructive criticism in the business area?

Carol Docalavich: [00:28:09] Oh, when we got here today.

Steve Docalavich: [00:28:11] Mike, that, no.

Mike Blake: [00:28:13] No?

Steve Docalavich: [00:28:13] The answer is no, I don’t, yes, she does.

Mike Blake: [00:28:16] Okay.

Steve Docalavich: [00:28:16] Yes, it’s not constructive, it’s destructive. No, I’m just kidding.

Mike Blake: [00:28:22] No. But that’s going to come up, especially because I imagine it’s gone initially from you, Carol, to Steve, because you were new to business generally and new to her businesses, where she’s a veteran, right? And there’s the kick under the table. But besides the kicking under the table, I imagine there’s a debriefing like, “You understand why I kicked you under the table”, right?

Carol Docalavich: [00:28:41] Oh, absolutely.

Steve Docalavich: [00:28:42] Well, I know before she does it that she’s going to do it. I’d block her. Now, she’ll call me into our office and shut the door. I mean, she’ll call me into her office and shut the door.

Carol Docalavich: [00:28:51] Oh, boy.

Steve Docalavich: [00:28:52] So, I’m just saying, what other couples do that? “Honey, I want you to come in my office. Shut the door.” What would your wife say to you if you did that to her? She goes, “Uh, no.”

Mike Blake: [00:29:03] Even on the end, you know, I should not say that.

Steve Docalavich: [00:29:06] Exactly. Exactly. I know you have a bleep button there. I was almost going to make you use it. But I do that. I understand that I don’t understand. You know, there are some things that I’m pretty good at and there’s some things that she’s really good at. And sometimes, she needs to talk to me about things that she’s good at.

Mike Blake: [00:29:27] And where do you think you complement each other most? What do you guys think the other one brings to the table that maybe you don’t bring to the table as well on your own?

Steve Docalavich: [00:29:39] She brings hard work, integrity, smarts, know-how, experience, and good cooking.

Carol Docalavich: [00:29:49] Not necessarily in that order.

Steve Docalavich: [00:29:50] Not necessarily in that order. Right. Not to mention the other stuff, right?

Carol Docalavich: [00:29:55] I think where he really complements me is first of all, I keep it light all the time. 99% of the time, he’s always in a good mood. I mean, I would say, you know, he’s rarely not laughing. He’s rarely not making a joke.

Steve Docalavich: [00:30:11] A joke, yeah.

Carol Docalavich: [00:30:11] And, you know, he’ll keep it where—you know, a lot of times I’ll spiral, you know. Entrepreneurs, you know.

Mike Blake: [00:30:18] It’s a very lonely place.

Carol Docalavich: [00:30:20] Yes, it is. We’re almost that, you know, that whole like cyclical, up and down.

Mike Blake: [00:30:25] Manic depressive, you know?

Carol Docalavich: [00:30:26] Yeah, I was trying not to say that word, but yeah, we are. And he’ll bring me out of those lows. That’s one of the things he where he really complements me. And he should’ve been a lawyer. He’s really excellent with understanding legal documents and-

Steve Docalavich: [00:30:42] I watch a lot of TV.

Carol Docalavich: [00:30:45] Play one on TV?

Steve Docalavich: [00:30:46] Yeah. And I watch a lot of TV.

Mike Blake: [00:30:46] Yeah. But I don’t remember William Shatner doing a lot of contract work on Boston Legal, so I’m not sure that you’ll love from there.

Steve Docalavich: [00:30:51] I’ve loved him on Boston Legal.

Mike Blake: [00:30:52] I do, too.

Steve Docalavich: [00:30:53] It’s awesome.

Mike Blake: [00:30:54] Full disclosure, I’m in the tank for William Shatner. I tell you, and I like Star Trek 5, but the reason I’m in the tank for William Shatner, he doesn’t run away from who he is, right?

Carol Docalavich: [00:31:05] Yeah.

Mike Blake: [00:31:05] I don’t think he ever expected, certainly, not the last 40 years, never expected to earn an Oscar or an Emmy or whatever it is they give, right? But all he does is just consistently gets work, right?

Steve Docalavich: [00:31:17] He is hilarious. You know, he went from being a tough guy, right? Earlier on because he has like the John, everyone was a tough guy.

Mike Blake: [00:31:23] Yeah.

Steve Docalavich: [00:31:23] And now, he’s just kind of an old soft guy with. you know, opinions.

Mike Blake: [00:31:28] Yeah.

Steve Docalavich: [00:31:28] And that they’re funny. I love it.

Carol Docalavich: [00:31:31] So, there’s really not a contractor he handles all the legal side, most of the attorneys. You know, not you guys. I don’t let him do the finance side.

Steve Docalavich: [00:31:42] No. Wait a minute. Before you screw this whole thing up, we have attorneys, okay? We use a lot.

Carol Docalavich: [00:31:46] We do.

Steve Docalavich: [00:31:46] We use attorneys. She just brings stuff to me for my opinion and then, I work with the attorneys. But-

Carol Docalavich: [00:31:51] I said handle that.

Steve Docalavich: [00:31:51] Yeah. But I mean, there are things that I enjoy about that part of the work that it makes sense to me. It’s fun.

Carol Docalavich: [00:31:58] And that’s a big relief for me.

Mike Blake: [00:32:00] So, let’s talk about that, because sounds like you do divide and conquer a little bit.

Carol Docalavich: [00:32:03] Yeah, we do.

Mike Blake: [00:32:04] What are some areas where you divide and conquer? Saying, you know, Carol, you’re going to take A, B and C on, you’re going to take Q, R, and S on.

Steve Docalavich: [00:32:12] She made me fire people.

Mike Blake: [00:32:14] You’re the hatchet man.

Steve Docalavich: [00:32:16] So, you know, I was an air traffic controller for so long. And I was in management. I was a supervisor and I was like, “God, I just wish that we could fire somebody.” Yeah, I think it’s the worst attitude. But, you know, when I was a controller, I had the worst attitude in the world. So, if I was my supervisor, I would want to fire me. So, I made this remark to her and she goes, “Fine. Well, you’re going to fire someone.” And I fired somebody. I’ve never felt so bad in my life.

Mike Blake: [00:32:38] Okay.

Steve Docalavich: [00:32:38] And now, if anybody needs to be fired, I don’t fire them. We give that to somebody else.

Mike Blake: [00:32:43] Really?

Steve Docalavich: [00:32:44] Yeah, I got what I asked for and it’s no fun.

Carol Docalavich: [00:32:46] No, it’s no fun.

Steve Docalavich: [00:32:47] It’s no fun.

Carol Docalavich: [00:32:49] No. Well, it’s not like that happens a lot, but-

Steve Docalavich: [00:32:52] No, no, no. I’m just saying, you made me fire people-

Carol Docalavich: [00:32:54] Well, you said you wanted to.

Steve Docalavich: [00:32:54] … just to show me what it felt like to fire people.

Carol Docalavich: [00:32:57] Yeah, like it’s-

Steve Docalavich: [00:32:57] It is not any fun.

Carol Docalavich: [00:32:58] No, you’re changing people’s lives.

Steve Docalavich: [00:32:59] Yeah, you are. Yeah.

Carol Docalavich: [00:33:00] So, I mean, you pretty much run anything that has to do with the truckload side.

Steve Docalavich: [00:33:06] Yeah.

Carol Docalavich: [00:33:08] So, he takes over especially all the operational side of that, not the sales side.

Steve Docalavich: [00:33:13] I’m the visionary, you’re LTL. I started all that.

Carol Docalavich: [00:33:15] Actually was your idea.

Steve Docalavich: [00:33:16] That’s right. It’s all my idea.

Carol Docalavich: [00:33:18] It goes back to you saying you don’t-

Steve Docalavich: [00:33:18] I just don’t know how to implement it. Like I said, I’m an idea guy.

Mike Blake: [00:33:21] Ok

Steve Docalavich: [00:33:21] ay. We’re going to the moon next week, building a rocket.

Carol Docalavich: [00:33:27] You know, his transparency, all, you know, the stuff we talked to you about. You know, the whole transparency truly being-.

Steve Docalavich: [00:33:32] If there are any shippers out there, we are the only transparent-

Carol Docalavich: [00:33:34] Broker.

Steve Docalavich: [00:33:36] … 3PL-

Carol Docalavich: [00:33:37] Yeah, 3PL.

Steve Docalavich: [00:33:37] … in the nation. So, there you go.

Carol Docalavich: [00:33:39] But yeah. And I think probably, I run the business, I do all the finance side, salespeople, you know, that sort of thing. And I think we know our roles. You know, we come in, it’s not like every day like he comes to me and says, “What do I do today?” He gets to work three hours before I do. So, yeah, I think now, it’s more or less, we just kind of know what we’re going to do.

Mike Blake: [00:34:07] Yeah.

Carol Docalavich: [00:34:07] I think at first, he really looked for direction, “What do you need me to do? What he needs me to do? What do you want me to take care of?” He doesn’t do that now. I mean, he acts like he, you know, comes to me for direction, he does not. He comes to me after he’s done it and I got to clean it up.

Mike Blake: [00:34:21] After eight years, you know what it’s going to be, right?

Carol Docalavich: [00:34:23] Yeah.

Mike Blake: [00:34:24] It’s unlikely you’re going to walk in and say, “You know what, I need you to kill somebody today. I need you to kill a man”, right? You’re not sort of expecting that kind of pivot, right?

Carol Docalavich: [00:34:34] No.

Mike Blake: [00:34:34] So, did anything surprise you about working together as co-founders, co-entrepreneurs, either on the positive or negative side?

Steve Docalavich: [00:34:43] She has less respect for air traffic controllers now, I think, is-

Carol Docalavich: [00:34:45] I would say that’s probably-

Mike Blake: [00:34:45] Right. She won’t be flying anymore?

Steve Docalavich: [00:34:48] We take the bus everywhere and rightly so.

Carol Docalavich: [00:34:51] Yeah. So, after I met him and I met a bunch of his friends, which I love, if you knew, you guys are listening, you know I love you.

Steve Docalavich: [00:34:57] They’re not listening to this one though.

Carol Docalavich: [00:34:59] But we left and I was like, “Holy crap, I don’t want to get on an airplane.”

Steve Docalavich: [00:35:07] I was down in Atlanta Center in Hampton and I would let her come to—and that’s the largest aircraft trove solely in the world, busiest, biggest, and all that stuff. I wouldn’t bring her there until after we were married. And she said, “Why?” And I said, “Because they’re all a bunch of jerks and they’re all going to make up stories and tell you, you know, I dated dudes and stuff and, you know, it’s just going to be a terrible experience and I want to be married to you before that happens.”

Mike Blake: [00:35:36] They’re going to talk to you about the time that you landed two 747s naked, basically.

Carol Docalavich: [00:35:40] Yeah, exactly.

Steve Docalavich: [00:35:40] Well, that happened.

Mike Blake: [00:35:42] Okay.

Steve Docalavich: [00:35:42] That’s true. Yeah.

Mike Blake: [00:35:42] How truth is stranger than fiction sometimes.

Steve Docalavich: [00:35:45] Yeah.

Carol Docalavich: [00:35:45] Yeah, true.

Steve Docalavich: [00:35:46] Yeah.

Carol Docalavich: [00:35:47] But yeah. So, I mean, I don’t know, really. You’re better at the storytelling than I am.

Steve Docalavich: [00:35:53] I don’t remember what you’re talking about, what was it?

Mike Blake: [00:35:55] No, it doesn’t matter.

Steve Docalavich: [00:35:55] What was the direction, yeah.

Mike Blake: [00:35:56] Doesn’t matter.

Steve Docalavich: [00:35:57] Yeah.

Carol Docalavich: [00:35:57] You always go off on a story about you.

Steve Docalavich: [00:35:58] Well, I almost went to a dead hooker joke, but-

Mike Blake: [00:36:04] So, everybody, you’re listening to the Dead Hooker podcast and we’re here with Carol and Steve.

Steve Docalavich: [00:36:09] That’s right. If you like, subscribe and thumbs up.

Mike Blake: [00:36:11] Yeah, at deadhooker.com.

Steve Docalavich: [00:36:13] That’s right. I got that, by the way.

Mike Blake: [00:36:15] Do you really?

Carol Docalavich: [00:36:15] Don’t.

Steve Docalavich: [00:36:15] No, it’s deadhooker.co, because somebody else has it.

Mike Blake: [00:36:17] So, you know, somebody is listening and they’re now typing, “I got to see if that domain is available.” I can only get deadhooker.biz.

Steve Docalavich: [00:36:23] That’s right.

Mike Blake: [00:36:24] Oh, man. That’s the lamest one.

Steve Docalavich: [00:36:27] Yeah.

Mike Blake: [00:36:27] Are there any mistakes you made early on that you need to learn from?

Carol Docalavich: [00:36:33] I mean, my list would be really long. You mean as a married couple or just-

Mike Blake: [00:36:36] Yeah, as a married couple in business. I mean, we don’t need to get into the personal stuff, but-

Carol Docalavich: [00:36:39] No, I meant like business-

Steve Docalavich: [00:36:39] Opening up the property management company to bring on those international buyers because we’re just selling to them. You know, that was probably—only because of the way that it happened. It was not a great transition. You know, we got 300 and something houses and we didn’t know who was in them. We didn’t know if they had agreements. We didn’t know where they were. I mean, the-

Carol Docalavich: [00:37:02] We didn’t know if they had mold.

Steve Docalavich: [00:37:03] … turnover, and a lot of them didn’t, some of the houses weren’t even there, was not orderly. It was painful, to say the least.

Carol Docalavich: [00:37:15] Very painful.

Steve Docalavich: [00:37:15] It took us six months to get our feet up under us. I mean, they just said, “Here you go.” And none of it was correct. There’d be different people in houses. We had squatters. I mean, it was horrible. That was one big thing. So, we should have just kept selling them stuff instead of trying to manage their stuff.

Carol Docalavich: [00:37:33] Yeah. I don’t know. As far as where it relates just to a married couple working together, I mean, the first year was tough.

Mike Blake: [00:37:40] Why?

Steve Docalavich: [00:37:41] Because my wife was alive, my ex-wife, I’m sorry. My ex-wife was alive and she had a telephone.

Carol Docalavich: [00:37:47] I’m talking about-

Steve Docalavich: [00:37:48] And she would call-

Carol Docalavich: [00:37:48] I’m not talking about that.

Steve Docalavich: [00:37:49] Okay. Never mind. Disregard that last.

Carol Docalavich: [00:37:52] I was talking about as a married couple working together, not personal stuff.

Steve Docalavich: [00:37:56] Okay. Sorry.

Carol Docalavich: [00:37:57] That’s not what he wants to know about.

Mike Blake: [00:37:57] Yeah, we’re not putting you on the couch.

Steve Docalavich: [00:37:58] Nobody’s listening to this. Go ahead.

Carol Docalavich: [00:38:01] Well, you know, he’s a big personality, as you might have noticed.

Steve Docalavich: [00:38:05] No, I’m not.

Carol Docalavich: [00:38:05] And I have a pretty big personality.

Mike Blake: [00:38:08] Yeah.

Carol Docalavich: [00:38:08] And he did not take direction very well the first year.

Steve Docalavich: [00:38:15] So, you’re saying I’ve learned?

Mike Blake: [00:38:16] So, at some point, did you ever say to him, “Is it that you can’t learn or that you won’t learn?”

Steve Docalavich: [00:38:23] That was that was outside just a few minutes ago, yeah.

Carol Docalavich: [00:38:26] Yeah, there was several of those conversations. It was like, “Look, you know, if you want to do this, you really got to take direction. And I know you don’t-” You know, I mean, his mother told me, “This one doesn’t mind. He doesn’t do well.” I said, “It’s not about minding.” I need him to just understand the process. And he would just, you know, go off on his own and make a decision and-

Mike Blake: [00:38:48] Right.

Carol Docalavich: [00:38:48] Remember the one renter?

Steve Docalavich: [00:38:50] I got a story after this. That’s where you beat me up. Go ahead. Go ahead. No. Have at it.

Carol Docalavich: [00:38:55] So, that was really it. He just really couldn’t take direction very well.

Mike Blake: [00:38:59] Okay.

Steve Docalavich: [00:38:59] Yeah. Yeah.

Carol Docalavich: [00:38:59] That took a while.

Mike Blake: [00:38:59] Okay.

Steve Docalavich: [00:39:00] Okay.

Carol Docalavich: [00:39:00] All right. Go ahead. What’s your story?

Steve Docalavich: [00:39:01] I don’t have one. I was just kidding.

Carol Docalavich: [00:39:02] Yeah, exactly.

Steve Docalavich: [00:39:02] It was a threat. It was a baseless threat.

Mike Blake: [00:39:05] Okay.

Carol Docalavich: [00:39:05] So, there is a quick renter story. So, when we first started, he was like, “Oh, I’m going to handle the renters, I think you’re a little hard, you know, a little harsh on them.” And I said, “Okay.” So, he, you know, calls her and she gives him the story, right? Like I-

Steve Docalavich: [00:39:20] Okay. First, that was a terrible setup for the story. So, the story is-.

Carol Docalavich: [00:39:24] See, that’s what he does, takes it.

Steve Docalavich: [00:39:25] Yeah. Yeah. So, the story is that, you know, we had not that many houses, but we had some renters that were a little bit late with their rent and we took over. So, I said, “Why do we have a management company? We’ll do it ourselves. We’ll manage.” So-

Carol Docalavich: [00:39:35] Yeah, “How hard can this be?”

Steve Docalavich: [00:39:36] Yeah. So, we were managing all her houses and this one lady, “Oh, well, my dog just died and everything, you know, everybody died.” And I said, “Honey, we can’t kick her out. Everything just died. I mean, her plants died, her dog. We can’t do that.” So, come to find out her dog was fine, her plants were fine, she just didn’t want to pay. And so, it just took a little longer to evict her than them, but I was just a soft touch.

Carol Docalavich: [00:40:01] Oh, God.

Steve Docalavich: [00:40:01] Because I didn’t think anybody ever lied.

Carol Docalavich: [00:40:03] Yeah.

Steve Docalavich: [00:40:04] Right?

Carol Docalavich: [00:40:04] Yeah. I’m not quite—and so-

Mike Blake: [00:40:06] Not in real estate.

Carol Docalavich: [00:40:08] No.

Steve Docalavich: [00:40:08] No. No, not renters.

Carol Docalavich: [00:40:10] But what was really funny is we were in the car, on the phone, going down to look at houses.

Steve Docalavich: [00:40:14] Yeah. I remember that, yeah.

Carol Docalavich: [00:40:15] Yeah. And I said-

Steve Docalavich: [00:40:16] I was almost crying at her story, I swear.

Carol Docalavich: [00:40:20] He was literally-

Steve Docalavich: [00:40:20] I said, “Honey, we can’t kick her out. All these things just died.”

Carol Docalavich: [00:40:24] And I said, “Honey, I want to show you something.” I said, “This is the second month her dad has died.” And he said, “Oh, my God.”

Steve Docalavich: [00:40:31] You need the bleep button again.

Carol Docalavich: [00:40:33] Like literally. He goes, “I just fell for that.” And I’m like, “Yeah, but-”

Steve Docalavich: [00:40:37] I’m such a sucker.

Carol Docalavich: [00:40:39] He was a sucker.

Steve Docalavich: [00:40:39] Yeah.

Carol Docalavich: [00:40:39] So, that was some of the stuff that was tough.

Mike Blake: [00:40:41] He’s a softy.

Carol Docalavich: [00:40:42] Yeah, he is.

Steve Docalavich: [00:40:42] Yeah, I am a big softy.

Carol Docalavich: [00:40:45] Yeah.

Steve Docalavich: [00:40:45] But we did evict the hell out of her.

Mike Blake: [00:40:48] Well, at least, there was a happy ending to the whole story.

Steve Docalavich: [00:40:50] Yes, there was a happy ending in this. Right. We kicked her out and her children.

Mike Blake: [00:40:53] Good.

Steve Docalavich: [00:40:54] And I think we killed her dog, I’m not sure. I’m just-

Carol Docalavich: [00:40:56] No, we didn’t. No.

Mike Blake: [00:40:56] One way or the other, something was dying.

Steve Docalavich: [00:40:59] No, I love dogs.

Carol Docalavich: [00:41:00] Yeah.

Steve Docalavich: [00:41:00] But her kids, they were out.

Carol Docalavich: [00:41:03] Yeah.

Steve Docalavich: [00:41:03] I love dogs.

Carol Docalavich: [00:41:03] But he’s good at taking direction now.

Steve Docalavich: [00:41:05] Yes, ma’am.

Mike Blake: [00:41:08] Guys, this has been a great interview. We’re running out of time. We needed to get you onto your weekend, but-

Steve Docalavich: [00:41:13] Mike, if you have to leave, we’ll continue. I don’t know, you know-

Mike Blake: [00:41:16] Oh, well, you know what-

Steve Docalavich: [00:41:17] Yeah.

Mike Blake: [00:41:17] … you ask me questions. Now, we do need to wrap it up and let you guys get back to your businesses and your lives and your weekend, but I can’t thank you enough for agreeing to come on. If somebody is kind of thinking about this, that they’re thinking of going into business as a married couple, I mean, it sounds like you guys are a great example of what to do, can they contact you guys for advice?

Carol Docalavich: [00:41:42] Yeah, absolutely.

Steve Docalavich: [00:41:42] They can call Carol. Her number is—it’s carol@-

Carol Docalavich: [00:41:49] Which one?

Steve Docalavich: [00:41:50] I don’t know. Which one?

Carol Docalavich: [00:41:50] Yeah, seriously, they can, I mean, use my carol@yourltl.com or the office number is 619—what is it? I always give my cell phone, because I’m always on the phone. 619-.

Steve Docalavich: [00:42:05] 678.

Carol Docalavich: [00:42:05] … 678-

Steve Docalavich: [00:42:07] Follow this, 678-619-4316 and then, follow the prompts to Carol.

Carol Docalavich: [00:42:13] There you go.

Mike Blake: [00:42:14] There you go.

Steve Docalavich: [00:42:14] Steve is not on there.

Mike Blake: [00:42:16] And you may have to put on a little prompt in your IVR for marriage counselling.

Steve Docalavich: [00:42:20] Yes.

Carol Docalavich: [00:42:20] Yeah, exactly.

Mike Blake: [00:42:20] Press 7.

Carol Docalavich: [00:42:21] Yeah, exactly.

Steve Docalavich: [00:42:23] Yeah.

Mike Blake: [00:42:23] That’s going to wrap it up for today’s program. I’d like to thank Carol and Steve so much for joining us and sharing their expertise with us. We’ll be exploring a new topic each week, so please tune in so that when you’re faced with your next executive decision, you have clear vision when making it. If you enjoy these podcasts, please consider leaving a review with your favorite podcast aggregator. It helps people find us so that we can help them. Once again, this is Mike Blake. Our sponsor is Brady Ware & Company. And this has been the Decision Vision podcast.

Tagged With: married couples in business, Michael Blake, Mike Blake, Steve Docalavich, transporation management solution

To Your Health With Dr. Jim Morrow: Episode 26, Novel Coronavirus

February 12, 2020 by John Ray

novel coronavirus
North Fulton Studio
To Your Health With Dr. Jim Morrow: Episode 26, Novel Coronavirus
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novel coronavirus
Dr. Jim Morrow

To Your Health With Dr. Jim Morrow: Episode 26:  Novel Coronavirus

On this edition of “To Your Health with Dr. Jim Morrow,” Dr. Morrow discusses the 2019 Novel Coronavirus (2019-nCoV), a potentially fatal respiratory virus which originated in Wuhan, China. “To Your Health” is brought to you by Morrow Family Medicine, which brings the CARE back to healthcare.

About Morrow Family Medicine and Dr. Jim Morrow

Morrow Family Medicine is an award-winning, state-of-the-art family practice with offices in Cumming and Milton, Georgia. The practice combines healthcare information technology with old-fashioned care to provide the type of care that many are in search of today. Two physicians, three physician assistants and two nurse practitioners are supported by a knowledgeable and friendly staff to make your visit to Morrow Family Medicine one that will remind you of the way healthcare should be.  At Morrow Family Medicine, we like to say we are “bringing the care back to healthcare!”  Morrow Family Medicine has been named the “Best of Forsyth” in Family Medicine in all five years of the award, is a three-time consecutive winner of the “Best of North Atlanta” by readers of Appen Media, and the 2019 winner of “Best of Life” in North Fulton County.

Dr. Jim Morrow, Morrow Family Medicine, and Host of “To Your Health With Dr. Jim Morrow”

novel coronavirus
Dr. Jim Morrow, Morrow Family Medicine and Host of “To Your Health”

Dr. Jim Morrow is the founder and CEO of Morrow Family Medicine. He has been a trailblazer and evangelist in the area of healthcare information technology, was named Physician IT Leader of the Year by HIMSS, a HIMSS Davies Award Winner, the Cumming-Forsyth Chamber of Commerce Steve Bloom Award Winner as Entrepreneur of the Year and he received a Phoenix Award as Community Leader of the Year from the Metro Atlanta Chamber of Commerce.  He is married to Peggie Morrow and together they founded the Forsyth BYOT Benefit, a charity in Forsyth County to support students in need of technology and devices. They have two Goldendoodles, a gaggle of grandchildren and enjoy life on and around Lake Lanier.

Facebook: https://www.facebook.com/MorrowFamMed/

LinkedIn: https://www.linkedin.com/company/7788088/admin/

Twitter: https://twitter.com/toyourhealthMD

The complete show archive of “To Your Health with Dr. Jim Morrow” addresses a wide range of health and wellness topics, and can be found at www.toyourhealthradio.com.

Dr. Morrow’s Show Notes

The 2019 Novel Coronavirus

• 2019 Novel Coronavirus (2019-nCoV) is a virus (more specifically, a coronavirus) identified as the cause of an outbreak of respiratory illness first detected in Wuhan, China.
◦ Early on, many of the patients in the outbreak in Wuhan, China reportedly had some link to a large seafood and animal market, suggesting animal-to-person spread.
◦ However, a growing number of patients reportedly have not had exposure to animal markets, indicating person-to-person spread is occurring.
◦ At this time, it’s unclear how easily or sustainably this virus is spreading between people.

How It Spreads

• Much is unknown about how 2019-nCoV, a new coronavirus, spreads.
◦ Current knowledge is largely based on what is known about similar coronaviruses.
◦ Coronaviruses are a large family of viruses that are common in many different species of animals, including camels, cattle, cats, and bats.
◦ Rarely, animal coronaviruses can infect people and then spread between people such as with MERS, SARS, and now with 2019-nCoV.
• Most often, spread from person-to-person happens among close contacts (about 6 feet).
◦Person-to-person spread is thought to occur mainly via respiratory droplets produced when an infected person coughs or sneezes, similar to how influenza and other respiratory pathogens spread.
◦ These droplets can land in the mouths or noses of people who are nearby or possibly be inhaled into the lungs.
◦ It’s currently unclear if a person can get 2019-nCoV by touching a surface or object that has the virus on it and then touching their own mouth, nose, or possibly their eyes.
• Typically, with most respiratory viruses, people are thought to be most contagious when they are most symptomatic (the sickest).
• It’s important to note that how easily a virus spreads person-to-person can vary.
◦ Some viruses are highly contagious (like measles), while other viruses are less so.
◦ There is much more to learn about the transmissibility, severity, and other features associated with 2019-nCoV and investigations are ongoing.
◦ While research has just begun, scientists have estimated that each person with the new coronavirus could infect somewhere between 1.5 and 3.5 people without effective containment measures.
 That would make the virus roughly as contagious as SARS, another coronavirus that circulated in China in 2003 and was contained after it sickened 8,098 people and killed 774.

◦ Respiratory viruses like these can travel through the air, enveloped in tiny droplets that are produced when a sick person breathes, talks, coughs or sneezes.
 These droplets fall to the ground within a few feet.
 That makes the virus harder to get than pathogens like measles, chickenpox and tuberculosis, which can travel a hundred feet through the air.
 But it is easier to catch than H.I.V. or hepatitis, which spread only through direct contact with the bodily fluids of an infected person.

How far viruses travel 

• Coronaviruses can travel only about six feet from the infected person. Itʼs unknown how long they live on surfaces.
• Some other viruses, like measles, can travel up to 100 feet and stay alive on surfaces for hours.
• If each person infected with the new coronavirus infects two to three others, that may be enough to sustain and accelerate an outbreak, if nothing is done to reduce it.
• Here’s how that works.
◦If 5 people with new coronavirus each infected 2.6 others … there could be 52 people sick after 3 cycles.
 Compare that with a less contagious virus, like the seasonal flu.
 People with the flu tend to infect 1.3 other individuals, on average.
 The difference may seem small, but the result is a striking contrast:
• Only about 45 people might be infected in the same scenario.
• But the transmission numbers of any disease aren’t set in stone.
◦They can be reduced by effective public health measures, such as isolating sick people and tracking individuals they’ve had contact with.
◦ When global health authorities methodically tracked and isolated people infected with SARS in 2003, they were able to bring the average number each sick person infected down to 0.4, enough to stop the outbreak.
• So far, the number of cases outside China has been small.
 But in recent days, cases have turned up in several countries, including the United States, with people who have not visited China.
 And the number of cases within China far surpassed the rate of new SARS cases in 2003

Symptoms and Complications

• For confirmed 2019-nCoV infections, reported illnesses have ranged from people with little to no symptoms to people being severely ill and dying.
◦ Symptoms can include:
 Fever
 Cough
 Shortness of breath
• CDC believes at this time that symptoms of 2019-nCoV may appear in as few as 2 days or as long as 14 after exposure.
◦ This is based on what has been seen previously as the incubation period of MERS viruses.

How deadly is the virus?

• Itʼs hard to know yet. But the fatality rate is probably less than 3 percent, much less than SARS.
◦ This is one of the most important factors in how damaging the outbreak will be, and one of the least understood.
◦It’s tough to assess the lethality of a new virus.
 The worst cases are usually detected first, which can skew our understanding of how likely patients are to die.
 About a third of the first 41 patients reported in Wuhan had to be treated in an I.C.U., many with symptoms of fever, severe cough, shortness of breath and pneumonia.
 But people with mild cases may never visit a doctor.
 So there may be more cases than we know, and the death rate may be lower than we initially thought.
• At the same time, deaths from the virus may be underreported.
◦The Chinese cities at the center of the outbreak face a shortage of testing kits and hospital beds, and many sick people have not been able to see a doctor.
• There’s still a lot of uncertainty about what this virus is like and what it is doing.
• Early indications suggest the fatality rate for this virus is considerably less than another coronavirus, MERS, which kills about 35 percent of people who become infected, and SARS, which kills about 10 percent.
◦ All of the diseases appear to latch on to proteins on the surface of lung cells, but MERS and SARS seem to be more destructive to lung tissue.
• Among 17,000 people who were infected in China,
◦ 82 percent had mild infections,
◦ 15 percent had severe symptoms and
◦ 3 percent were classified as critical,
◦Less than 2 percent of the people with confirmed infections had died.
◦ Many of those who died were older men with underlying health problems

• Pathogens can still be very dangerous even if their fatality rate is low
◦For instance, even though influenza has a case fatality rate below one per 1,000, roughly 200,000 people end up hospitalized with the virus each year in the United States, and about 35,000 people die.

Prevention and Treatment

• There is currently no vaccine to prevent 2019-nCoV infection.
◦The best way to prevent infection is to avoid being exposed to this virus.
 However, as a reminder, CDC always recommends everyday preventive actions to help prevent the spread of respiratory viruses, including:
• Wash your hands often with soap and water for at least 20 seconds, especially after going to the bathroom; before eating; and after blowing your nose, coughing, or sneezing.
◦ If soap and water are not readily available, use an alcohol-based hand sanitizer with at least 60% alcohol.
 Always wash hands with soap and water if hands are visibly dirty.
◦ Avoid touching your eyes, nose, and mouth with unwashed hands.
◦ Avoid close contact with people who are sick.
◦ Stay home when you are sick.
◦ Cover your cough or sneeze with a tissue, then throw the tissue in the trash.
◦ Clean and disinfect frequently touched objects and surfaces using a regular household cleaning spray or wipe.

What Should the Public Do?
• While the immediate risk of this new virus to the American public is believed to be low at this time, everyone can do their part to help us respond to this emerging public health threat:
◦ It’s currently flu and respiratory disease season and CDC recommends getting a flu vaccine, taking everyday preventive actions to help stop the spread of germs, and taking flu antivirals if prescribed.
◦ If you are a healthcare provider, be on the look-out for people who recently traveled from China and have fever and respiratory symptoms.
◦ If you are a healthcare provider caring for a 2019-nCoV patient or a public health responder, please take care of yourself and follow recommended infection control procedures.
◦ For people who have had close contact with someone infected with 2019-nCoV who develop symptoms, contact your healthcare provider, and tell them about your symptoms and your exposure to a 2019-nCoV patient.

Recently Returned Travelers from China

• To slow the spread of 2019 novel coronavirus into the United States, CDC is working with public health partners to implement new travel procedures announced in a Presidential Proclamation on Novel Coronavirus
• In summary:
◦ Foreign nationals who have visited China in the past 14 days may not enter the United States.
◦ American citizens, lawful permanent residents, and their families who have been in China in the past 14 days will be allowed to enter the United States, but will be redirected to one of 11 airports to undergo health screening.
 Depending on their health and travel history, they will have some level of restrictions on their movements for 14 days from the time they left China.
• If you are a US citizen and are traveling to the United States:
◦ Your travel will be redirected to one of 11 U.S. airports where CDC has quarantine stations.
◦ You will be asked about your health and travel.
◦ Your health will be screened for fever, cough, or trouble breathing.
 Depending on your health and travel history:
• You will have some restrictions on your movement for a period of 14 days from the time you left China.
• These actions are being taken to protect your health, the health of other travelers and the health of U.S. communities from the new coronavirus that is spreading from person-to-person in parts of China.

• Travelers who have been in Hubei Province in the past 14 days:
◦ If you have fever, cough, or trouble breathing:
 CDC staff at the airport will evaluate you for illness.
• You will be taken to a medical facility for further evaluation and care.
• You will not be able to complete your travel itinerary.
◦ If you do not have symptoms (fever, cough, trouble breathing):
 You will be placed under a federal, state or local quarantine order for a 14-day period from the time you left China.
 You may not be able to complete your travel itinerary until the 14-day period has elapsed.
• Travelers from other parts of China (outside Hubei Province) in the last 14 days:
◦ If you have fever, cough, or trouble breathing:
 CDC staff at the airport will evaluate you for illness.
 You will be taken to a medical facility for further evaluation and care.
 You may not be able to complete your travel itinerary.
• If you do not have symptoms:
◦ You will be allowed to reach your final destination.
◦ After arrival at your final destination, you will be asked to monitor your health for a period of 14 days from the time you left China.
◦ You will receive a health information card that tells you what symptoms to look for and what to do if you develop symptoms.
◦ During that time, you should stay home and limit interactions with others as much as possible.
◦ Your state or local health department will contact you for further follow up.

How effective will the response be?

• The W.H.O. has praised Chinaʼs efforts, but critics fear lockdown measures may not be enough.
◦ In addition to closing off transportation, officials shut down a market in Wuhan selling live poultry, seafood and wild animals, which was thought to be the origin of the coronavirus, and later suspended the trade of wild animals nationwide.
◦ Schools have been closed, Beijing’s Great Wall is off limits and tourist packages from China have been halted.
◦ World Health Organization officials have praised China’s aggressive response to the virus.
• But the measures have also had unintended effects.
◦ Residents in Wuhan who are unwell must walk or cycle for miles to get to hospitals.
◦ There, many complain that they are being turned away because of shortages of hospital beds, staff and supplies that have been made worse by the lockdown.
• Until recently, researchers abroad were also concerned by the fact that China was not admitting experts who could help track the virus and prevent its spread.
◦ On Thursday, the W.H.O. declared the outbreak a global health emergency, acknowledging that the disease represents a risk beyond China.
◦ The United States and Australia are temporarily denying entry to noncitizens who recently traveled to China, and several major airlines said they expect to halt direct service to mainland China for months.
◦ Other countries — including Kazakhstan, Russia and Vietnam — have temporarily restricted travel and visas. But critics fear that these measures will not be enough.

How long will it take to develop a vaccine?

• A vaccine is still a year away — at minimum.
• A coronavirus vaccine could prevent infections and stop the spread of the disease.
◦ But vaccines take time.
• After the SARS outbreak in 2003, it took researchers about 20 months to get a vaccine ready for human trials.
◦ The vaccine was never needed, because the disease was eventually contained.
◦ By the Zika outbreak in 2015, researchers had brought the vaccine development timeline down to six months.
• Now, they hope that work from past outbreaks will help cut the timeline even further.
◦ Researchers have already studied the genome of the new coronavirus and found the proteins that are crucial for infection.
◦ Scientists from the National Institutes of Health, in Australia and at least three companies are working on vaccine candidates.

Prevention and Protection for Yourself

• CDC does not recommend travelers wear masks to protect themselves from the new coronavirus.
◦ You may choose to wear a mask, but it is more important that you take the following steps.
• We recommend that everyone follow everyday prevention practices:
◦ Avoid close contact with people who are sick.
◦ Avoid touching your eyes, nose, and mouth with unwashed hands.
◦ Wash your hands often with soap and water for at least 20 seconds, especially after going to the bathroom; before eating; and after blowing your nose, coughing, or sneezing.
◦ If soap and water are not readily available, use an alcohol-based hand sanitizer with at least 60% alcohol. Always wash hands with soap and water if hands are visibly dirty.
◦ Stay home when you are sick.
◦ Cover your cough or sneeze with a tissue, then throw the tissue in the trash.
◦ Clean and disinfect frequently touched objects and surfaces using a regular household cleaning

Sources:  World Health Organization (https://www.who.int) and Center for Disease Control (https://www.cdc.gov)

Tagged With: coronavirus, Cumming, Dr. Jim Morrow, Milton, Morrow Family Medicine, Novel Coronavirus, To Your Health

Family Business Radio, Episode 7: Cappi Arneson, Foster & Witmer Insurance Agency; Jim Kubicek, PhoneOne; Kris Seguin and Bill Parent, Alpharetta Property Inspections

February 12, 2020 by John Ray

Alpharetta Property Inspections
Family Business Radio
Family Business Radio, Episode 7: Cappi Arneson, Foster & Witmer Insurance Agency; Jim Kubicek, PhoneOne; Kris Seguin and Bill Parent, Alpharetta Property Inspections
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Alpharetta Proerty Inspections
Kris Seguin, Bill Parent, Jim Kubicek, Cappi Arneson, and Anthony Chen

Family Business Radio, Episode 7:  Cappi Arneson, Foster & Witmer Insurance Agency; Jim Kubicek, PhoneOne; Kris Seguin and Bill Parent, Alpharetta Property Inspections

Insurance, modern voice communications, and property inspections were covered in this edition of “Family Business Radio” as Cappi Arneson, Foster & Witmer Insurance Agency; Jim Kubicek, PhoneOne; Kris Seguin and Bill Parent, Alpharetta Property Inspections, joined the show. “Family Business Radio” is presented and hosted by Anthony Chen and broadcast from the North Fulton Studio of Business RadioX®.

Cappi Arneson, Foster & Witmer Insurance Agency

Cappi Arneson

Cappi Arneson is the Owner of Foster & Witmer Insurance Agency. Foster & Witmer is an independent insurance agency representing many different companies for your insurance needs. We carefully selected our carriers in order to provide you with the best level of service, price and coverage without being restricted to the rules and rates of just one company. Serving the Atlanta area since 1976 means we have developed the relationships with companies and underwriters that make it possible to get things done.

Foster & Witmer Insurance Agency strives to educate the community on the best options for their insurance needs. We can provide an assessment of your insurance needs with a choice of which package fits you best. If you have been cancelled, non-renewed or simply looking for best choice for your insurance needs, we are here to help.

We are dedicated to providing our customers in Georgia with the best coverage at competitive rates. Just make one call to our agency, and we can shop your coverage through many top rated companies. Our professional staff can be your liaison with the insurance carrier in the event of a claim or an issue.. We work for you, not the insurance company.

For more information, visit the Foster & Witmer website.

Jim Kubicek, PhoneOne

Jim Kubicek

Jim Kubicek is the President of PhoneOne, LLC. PhoneOne provides clean and clear voice communications, and makes unifed commications easy. Presence, fax and voice mail to email, web conferencing and instant messaging are child’s play for PhoneOne.

With the integrated softphone and smartphone clients, users automatically get access to advanced unified communications features, without needing to learn separate software.

PhoneOne’s business voice plans offer the quality, leading-edge features, and cost savings your business needs to succeed. All backed by a 30-day money back guarantee!

To learn more, follow this link to the PhoneOne website.

Kris Seguin and Bill Parent, Alpharetta Property Inspections

Alpharetta Property Inspections
Kris Seguin and Bill Parent

Kris Seguin and Bill Parent are the owners of Alpharetta Property Inspections.

Alpharetta Property Inspections is a local, family owned residential home inspection company. They offer a full service of inspection products and technology that help us provide their clients with the best information so they can make a smart and sound home buying decision. They are certified by the International Association of Certified Home Inspectors (InterNACHI), and are fully insured. They provide unique services such as arial drone photography, and thermal imaging on all of our inspections. They also guarantee our inspection reports within 24 hours or less. Our main focus is on educating our clients about the systems and components of their home, as well as how to maintain them so their home investment is a lasting one.

For more information, go to their website or call 770-913-6214.

Anthony Chen, Host of “Family Business Radio”

Anthony Chen

This show is sponsored and brought to you by Anthony Chen with Lighthouse Financial Network. Securities and advisory services offered through Royal Alliance Associates, Inc. (RAA), member FINRA/SIPC. RAA is separately owned and other entities and/or marketing names, products or services referenced here are independent of RAA. The main office address is 575 Broadhollow Rd. Melville, NY 11747. You can reach Anthony at 631-465-9090 ext 5075 or by email at anthonychen@lfnllc.com.

Anthony Chen started his career in financial services with MetLife in Buffalo, NY in 2008. Born and raised in Elmhurst, Queens, he considers himself a full-blooded New Yorker while now enjoying his Atlanta, GA home. Specializing in family businesses and their owners, Anthony works to protect what is most important to them. From preserving to creating wealth, Anthony partners with CPAs and attorneys to help address all of the concerns and help clients achieve their goals. By using a combination of financial products ranging from life, disability, and long term care insurance to many investment options through Royal Alliance. Anthony looks to be the eyes and ears for his client’s financial foundation. In his spare time, Anthony is an avid long-distance runner.

The complete show archive of “Family Business Radio” can be found at familybusinessradioshow.com.

Alpharetta Property Inspections

 

Tagged With: Family Business Radio, foster & witmer insurance, Kris Seguin, PhoneOne, property inspections, real estate inspections

Judy Cook, Skyline Properties Group, and Janet Ponichtera, Family Life Publications

February 12, 2020 by John Ray

Skyline Properties Group
North Fulton Business Radio
Judy Cook, Skyline Properties Group, and Janet Ponichtera, Family Life Publications
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Skyline Properties Group
Janet Ponichtera and Judy Cook

North Fulton Business Radio, Episode 197: Judy Cook, Skyline Properties Group and Janet Ponichtera, Family Life Publications

On this edition of “North Fulton Business Radio,” Judy Cook discusses the pitfalls of do-it-yourself property management, and Janet Ponichtera talks about the benefits of hyper-local publications. “North Fulton Business Radio” is hosted by John Ray and is broadcast from the North Fulton Business RadioX® studio inside Renasant Bank in Alpharetta.

Judy Cook, Skyline Properties Group

Judy Cook, Skyline Properties Group
Judy Cook

Judy Cook is Director of Marketing for Skyline Properties Group.

Founded in 2004, Skyline has been managing residential and commercial properties throughout the Metro Atlanta area. They strive for excellence in this industry by always using cutting-edge technology and consistently improving the way they do things with one goal in mind — to make our rental owners and tenants happy that they chose to do work with Skyline.

For more information, visit the Skylines Property Group website. You can also email Judy directly, or call 678-978-1858 Ext. 208.

Janet Ponichtera

 

Janet Ponichtera

Janet Ponichtera is the Sales and Marketing Director for Family Life Publications. Every month, each of Family Life Publications’ three titles reaches 30,000 homes and businesses, with over 28,000 direct-mailed copies. The remaining copies are placed in strategic rack locations to engage the community and grow businesses.

Family Life Publications has the largest monthly circulation of direct-mailed community magazines. Woodstock Family Life is the only community magazine that reaches the highest demographic homes and businesses in downtown Woodstock and Towne Lake.

Canton Family Life the highest demographic homes and businesses in Canton — including downtown Canton, the Sixes/BridgeMill area, Holly Springs, Hickory Flat, and Waleska.

North Fulton Family Life is the only direct-mailed monthly community magazine in the north Fulton area, reaching the highest demographics in Roswell, Alpharetta, and Milton centering on the Rucker Road/Crabapple area.

Family Life Publications also offers complimentary social media presence to advertisers. We have over 4,800 digital subscribers each month, give our half- and full-page advertisers a complimentary digital ad on our website, share our advertisers’ Facebook posts, and spotlight one advertiser each week on our Facebook page.

For more information, visit the Family Life Publications website. You can also email Janet directly, or call 770-213-7095.

North Fulton Business Radio” is broadcast from the North Fulton studio of Business RadioX®, located inside Renasant Bank in Alpharetta. Renasant Bank has humble roots, starting in 1904 as a $100,000 bank in a Lee County, Mississippi, bakery. Since then, Renasant has grown to become one of the Southeast’s strongest financial institutions with over $13 billion in assets and more than 190 banking, lending, wealth management and financial services offices in Mississippi, Alabama, Tennessee, Georgia and Florida. All of Renasant’s success stems from each of their banker’s commitment to investing in their communities as a way of better understanding the people they serve. At Renasant Bank, they understand you because they work and live alongside you every day.

Inspiring Women, Episode 18: Darla King, King Business Interiors

February 12, 2020 by John Ray

Darla King, King Business Interiors
Inspiring Women PodCast with Betty Collins
Inspiring Women, Episode 18: Darla King, King Business Interiors
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Darla King, King Business Interiors
Betty Collins, Brady Ware & Company, and Darla King, King Business Interiors

Inspiring Women, Episode 18:  Darla King, King Business Interiors

Darla King joins “Inspiring Women” to talk about the journey of building her thriving office furniture business, lessons learned along the way, encouraging other women business owners, and giving back. The host of “Inspiring Women” is Betty Collins and this series is presented by Brady Ware & Company.

Darla King, King Business Interiors

Darla King, King Business Interiors
Darla King, King Business Interiors

Darla King is the President and Owner of King Business Interiors. After more than a decade in the furniture business, Darla started the company in 1998 and serves as the company’s Owner and President. Early on, the vision was clear: King Business Interiors will always be more than a furniture vendor.

Today, King serves hundreds of clients in numerous markets and industries. Along with being a Haworth furniture preferred dealer, King represents 300 product lines, operates a full service commercial flooring division, offers inventory and warehousing and provides total move management services. In all that King does, King is dedicated to a single goal: providing customer’s with a “Zero Punch List.”

A commitment to going the extra mile for clients has enabled King to grow from a small five person start up into an established multi-million dollar business with 50+ employees. According to Columbus Business First, King ranks second among area office furniture and supply companies, and ranks ninth in the top 50 women-owned businesses.

King is a proud, family-owned business with a strong focus on their employee’s family lives. Two of the passions at King are “kids come first” and “never miss a ball game.”

King is also a certified woman-owned business, and Darla is active with the National Association of Women Business Owners (NAWBO), Columbus Chapter. Darla takes pride in mentoring fellow women leaders throughout the Ohio community.

Through Darla’s leadership, King is very active in giving back to the community, particularly through an innovative recycling program, Connecting the Dots. This initiative takes reusable furniture and connects the items with nonprofits, startups and charitable organizations throughout Central Ohio.

For more information on King Business Interiors, follow this link.

Betty Collins, CPA, Brady Ware & Company and Host of the “Inspiring Women” Podcast

Betty Collins, CPA

Betty Collins is the Office Lead for Brady Ware’s Columbus office and a Shareholder in the firm. Betty joined Brady Ware & Company in 2012 through a merger with Nipps, Brown, Collins & Associates. She started her career in public accounting in 1988. Betty is co-leader of the Long Term Care service team, which helps providers of services to Individuals with Intellectual and Developmental Disabilities and nursing centers establish effective operational models that also maximize available funding. She consults with other small businesses, helping them prosper with advice on general operations management, cash flow optimization, and tax minimization strategies.

In addition, Betty serves on the Board of Directors for Brady Ware and Company. She leads Brady Ware’s Women’s Initiative, a program designed to empower female employees, allowing them to tap into unique resources and unleash their full potential.  Betty helps her colleagues create a work/life balance while inspiring them to set and reach personal and professional goals. The Women’s Initiative promotes women-to-women business relationships for clients and holds an annual conference that supports women business owners, women leaders, and other women who want to succeed. Betty actively participates in women-oriented conferences through speaking engagements and board activity.

Betty is a member of the National Association of Women Business Owners (NAWBO) and she is the President-elect for the Columbus Chapter. Brady Ware also partners with the Women’s Small Business Accelerator (WSBA), an organization designed to help female business owners develop and implement a strong business strategy through education and mentorship, and Betty participates in their mentor match program. She is passionate about WSBA because she believes in their acceleration program and matching women with the right advisors to help them achieve their business ownership goals. Betty supports the WSBA and NAWBO because these organizations deliver resources that help other women-owned and managed businesses thrive.

Betty is a graduate of Mount Vernon Nazarene College, a member of the American Institute of Certified Public Accountants, and a member of the Ohio Society of Certified Public Accountants. Betty is also the Board Chairwoman for the Gahanna Area Chamber of Commerce, and she serves on the Board of the Community Improvement Corporation of Gahanna as Treasurer.

“Inspiring Women” Podcast Series

“Inspiring Women” is THE podcast that advances women toward economic, social and political achievement. The show is hosted by Betty Collins, CPA, and presented by Brady Ware and Company. Brady Ware is committed to empowering women to go their distance in the workplace and at home. Other episodes of “Inspiring Women” can be found here.

Show Transcript

Betty Collins: [00:00:00] Well, today, I am really fortunate to have a guest with me, Darla King, with King Interiors. Guests are always phenomenal. People love the story. They love to hear how they did things, how they didn’t do things, and some insight from them. Darla King, and King Interiors is kind of a big deal in Columbus, Ohio. She probably … She’s laughing already, but it’s true. Everyone knows them, and Darla is just- they founded this with her and her husband in 1988. The philosophy was, “We will be more than furniture.” So, we’re going to talk a little bit about that today.

Betty Collins: [00:00:39] I know Darla because of NAWBO Columbus. I joined that in 2014 and, of course, the board and the players in Columbus that are part of NAWBO, which is the National Association of Women Business Owners, we’re just a fun group. I liked it from the beginning. She was on the board and became president. Then, I got on the board because, you know, we always need a treasurer, and that’s what CPAs do. So, I got there, and one day, we were all trying to figure out who should be the next role, the next leaderships. She’s looking at me, saying, “You should be president!” I’m shaking my head, “No, I am not doing that ever!” But what it did was it planted a seed in my head that maybe I could do this because NAWBO Columbus is a pretty big honor to be on that board and to be on that track. It’s also about what NAWBO does, and I’m passionate about it.

Betty Collins: [00:01:33] That’s how we kind of got to know each other, and we’re both involved with women’s things all over Columbus. A lot of times, either we’re writing the checks, or we’re sponsoring, or we’re opening up our office, and trying to make this because we believe in all of this. We have that common vote. But we also believe in the business and the marketplace. I know her through NAWBO. She’s a member and she has, of course, been in leadership. She’s also in the Women’s Business Enterprise National Council, and WPO, which is Women’s President Organization.

Betty Collins: [00:02:05] She’s really done some amazing things for women, as well as run a business. Without the marketplace, our country doesn’t do well. So, the marketplace has to have success in it, and we have to give those people that have an idea, a passion, and then, all the sudden, they’re an employer, which means you’ve got households that form communities … The marketplaces, the success, we get to experience every day in our country. I love it, and I love that I get to be a CPA and be part of that venue. Even though it’s depreciation, and GAAP things, and all that, it’s important. We’re going to go on a journey. So, first of all, Darla, can you just kind of tell us a little bit about King Interiors; what you guys do? You are family business.

Darla King: [00:02:50] Yeah.

Betty Collins: [00:02:51] That’s a whole ‘nother dynamic we’ll talk about a little bit today but tell us a little bit about King Interiors. It goes back to 1988.

Darla King: [00:02:57] Actually ’98, but [crosstalk] We’ve been in business 22 years. It’s King Business Interiors, under King Business Centers. Believe me, we struggled with the name, in the beginning, saying, “What should it be?” I worked out of my dining room for the first three months trying to get things rolling. But, I look at … We had a pretty good start, as far as I was already in the industry. I was getting things going for just two or three customers, and I let them tell me how to set it up, like, “What do you need? What do you need?” They really guided me to say, “Nothing’s going to change.” They’re going to have the same national account agreement with the furniture line that we represented.

Darla King: [00:03:43] At that time, we were the third Haworth dealer in Columbus. That happens in places like New York City and maybe San Francisco, but not Columbus, Ohio, because we’re like a secondary market. But slowly, that eliminated … One bought the other and ended up filing bankruptcy. Then, we were the only- King was the only Haworth dealer, which is a major brand; like number two in our industry.

Betty Collins: [00:04:08] Sure. Okay.

Darla King: [00:04:09] Anyways, when we started, we had four partners because I really felt like I needed a whole crowd of people to help me. I look at that today, and I think that’s one of my biggest mistakes was just not believing in myself, but also not understanding what four partners- and even number … Relying on everybody to do what I thought we could do. Slowly, I had to eliminate one partner, and I had to eliminate a second partner. My husband was not one either one of them, so-

Betty Collins: [00:04:38] That was good.

Darla King: [00:04:40] Dave and I- yeah, that’s good. Dave and I’ve been married now 40 years-

Betty Collins: [00:04:43] Very nice.

Darla King: [00:04:44] -but in business 22 years. I think it’s a classic. We’re opposites. He’s very much on the numbers. He’s very black and white. He takes all the details in. That’s not me at all.

Betty Collins: [00:04:56] Yeah. It’s necessary. You gotta do it [crosstalk] right?

Darla King: [00:05:00] Yeah, so I look at that, and I think that was one thing that – back in the early days – was I needed the expertise around me; someone that knows how to start a business. I needed somebody that knew how to build a culture. Those were the two partners early. After a year, year and a half, we made those changes. Then, slowly, it grew. Our kids, at that time, were very young.

Betty Collins: [00:05:22] Sure.

Darla King: [00:05:24] So, there was no intention of them having to get into the business or forced to get in the business. But my daughter did go through O.U., and interior design. Then Chris, our son, he’s 37, and he went to Ohio State for American history, and so-

Betty Collins: [00:05:39] So, he started selling furniture.

Darla King: [00:05:43] Yeah. Actually, he … The best thing is both of them have worked in the business, somewhere along the line. Chris did a lot on weekends, and summers at the warehouse, and with the installers, when he was in school and in college. Then he first came on and was in the accounting department and was in accounts receivable. A couple of years went by, and he said, “Mom, people … I don’t like this job. People lie!” [crosstalk]

Betty Collins: [00:06:05] Really? They don’t want to pay us? Okay.

Darla King: [00:06:05] They got excuses. He’d go, “I got notes here. They were gonna pay; the check was in the mail.” It’s like, “Okay …” He goes, “Can I do something else?” He ended up showing some interest in sales, and he has been in sales since.

Betty Collins: [00:06:17] Good, good.

Darla King: [00:06:17] He’s been with us a quite a while. Chelsea’s been with us seven years, and with her design background, she brought a new look to it. Even when we interviewed at O.U., the counselor asked me to step out of the room, and he asked Chelsea, specifically, “Is your mom forcing you to get in this business because she’s in it?” Chel said, “No, I kinda like it. I wanna do this.” So, everybody’s watching out for is it going to be a family business? Is it a forced issue? Is it [crosstalk] It wasn’t for either one of them. They have worked hard. They’re there every day, and they have great interest in how we’re going to find the next customer, and where we’re spending our advertising money, and all the things that a business owner needs to think about.

Betty Collins: [00:07:02] Right.

Darla King: [00:07:03] So, yeah, now we’re up to 81 employees.

Betty Collins: [00:07:06] Very good. Very good. That’s a lot.

Darla King: [00:07:09] Yeah, and a lot of families, and a lot of kids, and now, a lot of grandkids.

Betty Collins: [00:07:12] Wow. Right.

Darla King: [00:07:13] There’s not a day goes by that I don’t think about the day four people walk walked in; and now we’ve got 81. Everybody’s busy. The Columbus market right now is fantastic.

Betty Collins: [00:07:25] It’s hot.

Darla King: [00:07:26] It is.

Betty Collins: [00:07:27] It’s hot.

Darla King: [00:07:28] Everybody’s got their job to do. They work as a great team; in small teams, too. We’re very fortunate to have some customers that have been with the whole 22 years.

Betty Collins: [00:07:38] Wow. Very nice.

Darla King: [00:07:39] They’re very dedicated to helping us understand better how to get better. Some, I’ve been with for 30 years, but they’ve changed personnel in their businesses, and we’ve kind of been their steady; their facilities partner. Not just selling the next chair, but really understanding their buildings. As we grew, the one thing customers kept saying to us is, “I need warehouse. Can you get a little warehouse?” Well, now we’re at 150,000 square foot of warehouse-

Betty Collins: [00:08:08] That’s a lot.

Darla King: [00:08:08] -because customers don’t build their buildings to have a big basement in the bottom or some storage space. The larger customers, the more product they need, the more churn they have, there are more needs for having inventory readily available. That’s kind of how we’ve grown is through [crosstalk]

Betty Collins: [00:08:26] -it’s a great story. Great path. Not an easy path, for sure. As a CPA, I’ve seen the generations. You have that original generation … I had a grandmother who started a nursing home at the age of 63.

Darla King: [00:08:45] Wow!

Betty Collins: [00:08:46] In her home, which, at that time, you could do that. It was- 12 people could fit- could stay in her home. Today, the third generation is running that. Her secret to success, and I want you to talk about this, was if you want to work at this nursing home, you’re going to do dishes, you’re going to cook food, you’re going to learn to do personal hygiene for people; you’re going to learn how to meet with a family.

Darla King: [00:09:11] Right.

Betty Collins: [00:09:12] I’m sure- and that was what they had to do first.

Darla King: [00:09:15] That’s amazing.

Betty Collins: [00:09:15] It wasn’t because they were, “a King,” they got to be there, right?

Darla King: [00:09:19] Right.

Betty Collins: [00:09:19] Talk a little bit about the dynamics that you’ve experienced with that; because they’ve got to really have an entrepreneurship heart. They’ve got to have a passion for the business. Do you feel like you guys have done that well as a family?

Darla King: [00:09:36] You know, I have learned a lot from them. They’re both millennials. They both have a different perspective on it. For me, being in the business 30 years, I’ve had a lot of my customers retire, and the new face shows up that’s a person that’s going to be running and controlling that company’s facilities, and they needed to talk to somebody at their age.

Betty Collins: [00:09:59] Right. That’s perfect.

Darla King: [00:09:59] They needed to be able to relate to them. It’s like I needed- there were obvious spots where I needed to get out of the way and let them start their conversation. Not that they knew it all by then, but the new person at the facility didn’t either, and it was like, they just want to be heard. They just want to know how to find the solutions. Come back, and let’s talk about it, and let’s pull the team together. We really have four generations in our group, right now.

Betty Collins: [00:10:29] That’s awesome.

Darla King: [00:10:30] So, there’s a lot of people that can help them.

Betty Collins: [00:10:32] What do you feel like the biggest challenges a family-owned business – then we’ll move on to other things – but, for you, because our audience is going to have a lot of family-owned people, and they’re sometimes trying to get through those dynamics. What’s really the biggest challenge that probably will never go away – maybe it has gone away – that you deal with?

Darla King: [00:10:51] Just to avoid competition. We all stay in our own lanes.

Betty Collins: [00:10:56] Yeah. Good.

Darla King: [00:10:56] Dave’s in finance. I’m in sales and marketing. Chelsea is in design and works with architects and designers and goes out after folks that are specifying our products. Chris stays on national accounts and handling the sales side of it. So, we all see different parts of the business, but we all realize we’re in the right seats.

Betty Collins: [00:11:18] Right. Good.

Darla King: [00:11:19] When it starts to compete, like overlap, that’s where you feel the frustration and stress.

Betty Collins: [00:11:26] You’ve done this a long time. I know, for myself, my kids never wanted to be CPAs or in business, and neither of them are. One’s a minister, and one’s a teacher. They’re like, “Nope. No, we’re not … We’d never do that.” My husband and I, I just know how we do loading and unloading the dishwasher. I can’t imagine us being in business all day together. But, you know, talk to us a little bit about being a woman in your industry – is that an issue? Is it not?  – and did you have challenges that you worked through as a woman business owner, just back in 22 years ago?

Darla King: [00:11:59] I think I was insulated by having my brother-in-law, and my husband, and another partner there; that I just went ahead and did what I did, which was [crosstalk] sales and [inaudible] focused on finding business. Their job was the insurance, the banking- all the other things that just were not my expertise-

Betty Collins: [00:12:20] Right, and very male. Those are male-dominated things.

Darla King: [00:12:23] They already had people they knew in those places and areas. Since then, growing into it and realizing the struggles of people with NAWBO; women in NAWBO, and them getting the national certification for being a woman-owned business. It elevates a company – if you’re in the right- in certain categories – to be seen by large corporations that would have never noticed you.

Betty Collins: [00:12:47] Right.

Darla King: [00:12:48] Quite frankly, they’re looking to do business; like the automotive industry. They want to do business with women because women buy cars. So, they’ve made this huge initiative to really look out and find suppliers that are that way. So, right away, we started being noticed and seen and then understanding what they needed. In fact, one day I had a call from a company, Japanese automaker. They said, “Any chance that you own the company?” And I said, “Well, yeah. I do.” They go, “Good, I don’t have to change vendors.”

Betty Collins: [00:13:22] Wow.

Darla King: [00:13:22] Because they were searching to find where they could bring as much as 10 to 15 percent of their vendor suppliers into woman-owned or minority. That’s been an initiative for 20 years, but now, it’s even more today and very focused on it. I’m not sure if I answered your question [crosstalk]

Betty Collins: [00:13:41] No, you did, because it really kind of leads into, you know, you’ve really … You did play a really great role in NAWBO.

Darla King: [00:13:47] Oh, thanks.

Betty Collins: [00:13:47] What was the passion behind that? You kind of already answered that – the passion of being involved in NAWBO and helping women in business today; because you do that a lot.

Darla King: [00:13:58] Well, you know, women need to help women. It’s silly. You see so many times where a woman gets to the top of the company, and she doesn’t help anybody up. “I got here by myself. I’m not gonna …”

Betty Collins: [00:14:09] That’s common.

Darla King: [00:14:09] Wow! How selfish!

Betty Collins: [00:14:13] Right.

Darla King: [00:14:14] You look at the people in NAWBO, and the NAWBO roundtables, and even the WPO roundtables. Sitting with a group of eight women that are all business owners that are different size, different scale, but all the same problems; whether you’re selling $40 million or whether you’re selling $3 million, and you’ve got employees, and you’ve got leases, and you’ve got bank loans, and you’ve got lines of credit-

Betty Collins: [00:14:36] Right.

Darla King: [00:14:36] -you’re trying to figure out when you hire your second employee. They’re all issues that some of us with longer time in the business have experienced. I like to relive it, especially with some of the younger women [crosstalk] It’s a whole different start for them than it was for me. I often am so gratified that I had a team that I could rely on back then that did the kinds of things that I think all of them, individually, are trying to do. All hands on deck; do everything.

Betty Collins: [00:15:06] I had that same … I’m in a very male-dominated business-

Darla King: [00:15:09] You are.

Betty Collins: [00:15:09] -especially in 1988. Well, in this- right now, over 50 percent of women are accountants, but we’re still having some of those same struggles of … The perspective around that roundtable, the perspective of that support, whether it’s WPO, or the WSBA, or the different groups in town … You’ve been a big supporter of so much of that, and it’s very appreciated. I know that Darla King has made mistakes in her journey … Not very many, so we won’t spend long on this, but this is where you get your MBA, your own personal MBA … Could you just talk with the audience about these are challenges that I went through, and this is why they probably were a really good learning experience that I had to probably go through to get to some next levels or even just I made a mistake and I had to rebound, or whatever. So, what do you think of when you think of- just off the top of your head, what comes to your mind?

Darla King: [00:16:07] I made a lot of mistakes. I’ve got to say, I mean, the best thing about being a small business and being able to make decisions fast and to be agile is reverse. Yeah, we tried it. You know, give it three months; give it six months. The biggest mistake was a five-year lease, and I mentioned that earlier. I thought we needed a downtown presence, and I also had a line of furniture that was extremely expensive, but it was one of our brands that we were expected to represent and show, and it was very difficult to separate it, or put it in the same showroom. We needed to separate it and make it look more like a art studio and a feeling like that.

Darla King: [00:16:43] At the same time, there was a big presence of being downtown, potentially, and having- a lot of customers of ours are really close to downtown, so it made sense. We stood on the eighth floor of that building and looked around and said, “There’s a customer, there’s a customer, there’s a customer,” and we were clear up north off 161. Every time we had to leave to go to a customer, we’d leave a half hour early because you don’t know about traffic and parking the whole nine yards.

Darla King: [00:17:09] After about a year and a half, two years into that, we realized nobody really wanted to work isolated downtown at the studio. It wasn’t our culture, and we tried two or three different groups. So, after the time, I said, “Look, we’re just going to turn this into an incubator.” It was fully furnished. I had talked to several- in fact, six of my friends from NAWBO had been working in their dining rooms, or in their living rooms, or in some other kind of space. They took that on. It literally was a win-win, and we turned it into- lemons into lemonade.

Betty Collins: [00:17:39] Right. You helped them; they helped you. We all learned a big lesson. But, you know, you really, probably, at the time just thought, “We’ve got to be downtown,” you know?

Darla King: [00:17:49] Yeah. It was early. It was early on that. Then, our lease was up, up north. We were only two years into it when we realized we found a better space, which is in Grandview. Again [crosstalk]

Betty Collins: [00:17:58] -I’ve been to that show.

Darla King: [00:17:58] Close to downtown; minutes for getting to our customers, but completely different than being clear up north. So, location, location, location is key.

Betty Collins: [00:18:10] Fortunately, you do have- I mean, your husband, I mean, probably dynamically going, “The numbers do not work, but we’re gonna do this because we got a line. It just makes sense.” I bet numbers weren’t showing that, but then you did it anyways. Well, we all have challenges. We all have stuff that happens. That’s just called business.

Darla King: [00:18:28] You live and learn, and you make the best of it or you fix it.

Betty Collins: [00:18:30] Yep. Anything else that comes to your mind that you’d love to share with the audience: “Learn from this. I went to the Darla MBA, got my MBA School,” whatever it is?

Darla King: [00:18:39] Trust your peers and be a good listener because they’ll teach you a lot.

Betty Collins: [00:18:46] Right.

Darla King: [00:18:46] You’ll learn just from the experiences or the way they put things in their company, and their words out there. I learned a lot from that. Whether it was Vistage, or [crosstalk]

Betty Collins: [00:18:55] Women, generally, and the statistics are there. I’m a data person, unless I have to go research and find it, I’m a data when you give me numbers. “Oh, good. Let’s play with this.” The data’s out there that women don’t ask. They think they have to do this, and they carry it. That’s just not … It’s a big challenge that I see in business owners all the time.

Darla King: [00:19:19] Yeah.

Betty Collins: [00:19:20] One of the coolest things about your Grandview space, and you said to me, “Yeah, you can use the space,” because you wanted people … It’s your give back.

Darla King: [00:19:29] Yeah.

Betty Collins: [00:19:29] You have very cool coffee there [crosstalk] but it’s your give back is the mentality. Talk a little bit about that.

Darla King: [00:19:36] Yeah. Give them the space. I had some really good bosses, prior to getting my business started. One of them always gave the space. Rodney Wasserstrom always said, “We’re not here after 5:00. Let them come in and have an art show. Let them do this …” It’s like good parking. No one was in that space, so they could get in there. They could have events. I thought, that is amazing. The people that walk through the doors in that community would have never come in there, if they hadn’t been invited through that group.

Betty Collins: [00:20:04] Right.

Darla King: [00:20:04] So, it was obvious, when we moved down here, that we were going to be doing that more, and more, and more. Even in Worthington, we got involved in the Worthington Chamber, but also the libraries called and said, “Is there any chance we could put you on as an option room?” Our space.

Betty Collins: [00:20:18] Oh, wow.

Darla King: [00:20:18] I said, “Absolutely.” When someone would come in and they just wanted an alternative to where they had been meeting or they want to spend a half a day, we had the space; training rooms, or a conference room, or places in the space that you only use 10 percent of the time. What I love about our new space is, at the end of the day, there’s 250 parking spots. If a larger event or a nonprofit wants to come in there, we do not charge. There’s public restrooms … Just all the things are right there ready for it.

Betty Collins: [00:20:48] Right.

Darla King: [00:20:49] But giving back and letting people know that you’re there for it, it just, you know, it feels good [crosstalk]

Betty Collins: [00:20:58] Yeah, because you just had a big fundraiser for Bridgeview.

Darla King: [00:21:00] We did.

Betty Collins: [00:21:01] So, tell us a little bit about- that’s the part of giving back, you know? You’re not selling them furniture, you’re just … You probably will sell some furniture over it, but I mean …

Darla King: [00:21:08] This is our 16th year to have Create for Cause. It’s an event where we give back to the community. We get our vendors involved, and we invite everybody we know. Again, this was a learning curve for me. We started it in our fifth year in business [crosstalk] The reason we started it was every year we were giving a customer a small clock; a Howard Miller small clock. After the fifth year, the salespeople said, “How many more clocks … [crosstalk]?”

Betty Collins: [00:21:35] -don’t want any more clocks, yeah.

Darla King: [00:21:38] We were realizing we had such a repeat business that, yeah, we needed to do something different. So, we kicked it into gear with, hey, let’s have a party. Let’s invite everybody there. Let’s do something about it. Let’s have some fun. So, we created this, which we paint 100 ceramic plates is how it started. Now, we’ve been doing platters; this last year was a tray. We put them in as a silent auction. We invite artists, architects, designers in town to paint the ceramics. If you ever painted ceramics, they come out very chalky when you’re painting them. Then, when they get fired, they’re glazed, and glossy, and pretty, and just glow. So, they can see their finished painting, their finished piece of art, when they come to the party.

Betty Collins: [00:22:24] Very cool.

Darla King: [00:22:25] So, it creates a nice crowd. This year, I think we had over 750 people. Everybody in our company knows that they invite their circle of friends, relatives, neighbors, because it’s not just … It’s you don’t know who knows who. I know you’re a CPA. You know I’m in office furniture. You know somebody that’s in a certain industry, it just connects. So, you never know who knows who knows who that could influence and/or say, “If you’re going to get some new chairs, call King.”

Betty Collins: [00:22:54] Well, you know, that’s really the cool part of giving back. You end up creating something that turns into not what you really thought. Let’s give a clock because, hey, we need to give something to our people. Now we have a party that’s owned, and connection, and you get to do some fun, and you raise money all at the same time. 750 people, that’s awesome.

Darla King: [00:23:13] Well, the exposure for Bridgeway was nice [crosstalk]

Betty Collins: [00:23:15] Sure, sure. Great organization.

Darla King: [00:23:18] -they had the opportunity to explain how they take care of kids with autism [crosstalk] It’s amazing.

Betty Collins: [00:23:22] I’ve been down to their school several times, and it’s just … They’re so passionate. They’re really good. Well, you know, Darla, you’ve not always been a big deal, right? You just haven’t. You started out like every business owner. There’s that commercial out right now; I always love it. “We’ve seen a few things,” No, “We know a few things because we’ve seen a few things …” [crosstalk] According to Darla – we’re going to wrap up a little bit – what would you advise women who are, or want to be in business? Maybe they have the idea; they’ve launched already; they realize, “I’m in this because I got a bunch of liability and I got …” or “I’m going to make this- I want to go full circle. I don’t want- I want this to be more.” What would you say to them?

Darla King: [00:24:05] What [crosstalk].

Betty Collins: [00:24:05] What’s something that you would go, “Do this, or don’t do this, or persevere,” whatever?

Darla King: [00:24:10] I’d say reach out and call folks like yourself; call me; call people that have been through it, because we’ll take the time to go have coffee and brainstorm it and then find the next right spot to be, whether it’s a NAWBO roundtable, or it’s WBENC convention or something. It just depends upon what industry they’re in and how it might help their business. Networking is key, and just picking up the phone and calling somebody, and hope they call back, and hope they can connect with you. That’s big. I think you can’t pass that up. That’s just one big part of it. I know there’s a lot of young gals that get discouraged. They want to start a business. They want to get into it. You don’t have a business unless you have a customer.

Betty Collins: [00:24:58] Right. Very good.

Darla King: [00:24:59] It’s great to dream of something, but you got to think it all the way through, and you’ve got to walk it/talk it with somebody. I think that was the one thing I learned about peer-to-peer learning or understanding was just that really sitting down and sorting it out and thinking through how did that happen to me, and how does it happen to her? How can she get connected to somebody else I know? Because helping them is … It should just be natural.

Betty Collins: [00:25:30] Yeah. Well, no, I’ve called on you several times with … We have a mutual friend, right now, who she just- I loved her from the minute because she was just tenacious. She made sure she got to Betty Collins. She did it through several people because she wanted to meet with me. I thought, you know, I need to meet with her because she’s brave, and she’s bold. Then I said I need to connected as somebody who knows a bunch of big businesses that need commercial real estate … It was just cool to do. It took, what, a half hour my time to think it through and talk with her.

Darla King: [00:26:00] Right.

Betty Collins: [00:26:00] Then, you were like immediate. So … When you’re launching, and your starting, you’re getting out there, and you’re going through those rough times, it’s a constant. You’ve got to be asking for help. I think that’s what you’re really saying.

Darla King: [00:26:12] That’s right.

Betty Collins: [00:26:12] Don’t hesitate to do it because your success … Then, sometimes, someone’s going to ask you, and you’re going to be able to help, and do. Darla, I appreciate you meeting with us today. I love meeting with women business owners.

Darla King: [00:26:23] Thank you.

Betty Collins: [00:26:23] Someone who’s had success. They’ve gone through times. Respected in the community. I appreciate all you do with giving back. Of course, you have something called Connecting the Dots, as well. Tell us about that, and then we’ll close.

Darla King: [00:26:34] Real quick. Gosh, in 2004, we had an outlet store, which is the obvious thing for office furniture dealers. Put your old stuff, or the things you made a mistake on [crosstalk]

Betty Collins: [00:26:45] It’s on sale again, yeah.

Darla King: [00:26:45] That business was like 5:00 to 8:00 at night, and on weekends – Saturday and Sunday. It was like, okay, I’m going to work 8:00 to 8:00, and then 8:00 … So, spreading that out and getting other people involved in it and then, also being located clear up on 161 Huntley Road, it just was not right. I got onto a board of directors through a customer of mine and it was the New Direction Career Center for Women. I noticed they didn’t have two chairs that matched, and I thought, here I sit with this abundance of furniture, and it’s sad; they don’t have the money to spend, and I really don’t want to keep on going with the expense of a warehouse and overhead. So, let me just see if I can’t- if they’ll accept me giving it to them.

Darla King: [00:27:27] Some things we owned, so we could take some kind of write off on it. Other things we were- customers would say, “I don’t want this anymore,” but it still had some life to it. So, we created a program where we are not the nonprofit, but we connect the dots for the used furniture – lightly used and/or brand new – to the nonprofits and charities that need it. Interesting enough, we never advertised.

Darla King: [00:27:51] I probably get five, six phone calls a week, or on our web site, people that are requesting things. No one ever needs the same thing. One time I had a guy call for TVs, and I said, “Boy, we’ve never taken in TVs or appliances, except one-offs because I just don’t know how to maintain them [crosstalk] be good. She said, “Well, I have five men’s group homes, and I have no way to get them to gather in the living room. If I could just get some TVs … ”

Darla King: [00:28:17] Two weeks later, company calls and says, “We just got all new flat screens. We have TVs, if you’d be interested.” I said, “You know what? Send me a picture, if you will.” I called her, and I got the addresses, and we delivered five TVs. I said, “The only bad thing is they’re kind of strapped on to one of these mobile carts,” and she goes, “Good, because I don’t have any furniture to put it on!”

Betty Collins: [00:28:39] So, it all worked out.

Darla King: [00:28:42] It did. It did. So, it’s that kind of thing. I think it’s just that putting it out there in the universe; see how it comes back to us. The groups are really good because they don’t need- nobody needs everything, but they’re looking for something that could make their life easier and better. The last thing they need to spend money on is furniture. They need [inaudible] programs, and people, and computers, and all that, so, yeah …

Betty Collins: [00:29:05] Well, it was a good pleasure talking with you today, just getting to know you a little bit more.

Darla King: [00:29:08] Thanks.

Betty Collins: [00:29:08] A lot of good content for women in business, women business owners to talk about and think about, and I just appreciate your time.

Darla King: [00:29:15] Thank you. I appreciate you-

Betty Collins: [00:29:16] Betty Collins. I appreciate everyone who listens. I am passionate and really fortunate to be a woman business owner and to get to have a podcast, a company that believes in empowering women. Have a great day.

Tagged With: Darla King, King Business Interiors, NAWBO, NAWBO Columbus Chapter, Office Furniture, woman owned business

Steve Kullback, The Nebo Company

February 10, 2020 by John Ray

Steve Kullback, The Nebo Company
North Fulton Business Radio
Steve Kullback, The Nebo Company
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Steve Kullback, The Nebo Company
Steve Kullback, The Nebo Company

North Fulton Business Radio, Episode 196: Steve Kullback, The Nebo Company

How does a leader find the inner balance necessary to lead a team successfully in a chaotic, rapidly changing world? On this edition of “North Fulton Business Radio,” Steve Kullback, The Nebo Company, joins the show to address this question and much more. “North Fulton Business Radio” is hosted by John Ray and is broadcast from the North Fulton Business RadioX® studio inside Renasant Bank in Alpharetta.

Steve Kullback, The Nebo Company

Steve Kullback, The Nebo Company
Steve Kullback, The Nebo Company

Steve Kullback is a Vice President in The Nebo Company, and heads the Atlanta office and Southeast region. The Nebo Company provides leadership development services to Fortune 500, mid-size companies, non-profits and social entrepreneurs. The firm is based in based in Washington, D.C. with a network of top leadership coaches and facilitators across the country. Nebo develops resilient leaders and organizations through strategy visioning and planning, leadership coaching and integrated leadership development programs, and organizational and talent development facilitation and consulting.

Steve is a seasoned leadership coach and facilitator with over 20 years experience supporting leaders in meeting their most important priorities and challenges. He works with organizations, executive teams, and individual leaders to help them build the leadership capacity to thrive in complex environments.

Steve previously spent several years at PricewaterhouseCoopers in Global Leadership Development, and as a Director and Principal Consultant focused on strategy development.

For more information, visit The Nebo Company website. Email Steve directly, or call 678-921-3305.

Steve Kullback, The Nebo Company

North Fulton Business Radio” is broadcast from the North Fulton studio of Business RadioX®, located inside Renasant Bank in Alpharetta. Renasant Bank has humble roots, starting in 1904 as a $100,000 bank in a Lee County, Mississippi, bakery. Since then, Renasant has grown to become one of the Southeast’s strongest financial institutions with over $13 billion in assets and more than 190 banking, lending, wealth management and financial services offices in Mississippi, Alabama, Tennessee, Georgia and Florida. All of Renasant’s success stems from each of their banker’s commitment to investing in their communities as a way of better understanding the people they serve. At Renasant Bank, they understand you because they work and live alongside you every day.

Tagged With: global leadership, global leadership development, Kate Ebner, leadership coach, North Fulton Business Radio, North Fulton Studio, project leadership in VUCA, Steve Kullback, The Nebo Company

Alpharetta Tech Talk: Dave Bernard, ConCap Global

February 7, 2020 by John Ray

Dave Bernard, ConCap Global
Alpharetta Tech Talk
Alpharetta Tech Talk: Dave Bernard, ConCap Global
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Dave Bernard, ConCap Global
Dave Bernard, ConCap Global

“Alpharetta Tech Talk,” Episode 9: Dave Bernard, ConCap Global

Dave Bernard, CEO and Managing Partner of ConCap Global, discussed his work in matching the world’s wealthiest investors with private companies in agtech, technology, cybersecurity, and other areas.  Many of his observations, such as “equity is deathbed capital,” run counter to what is commonly assumed. This must-listen episode of “Alpharetta Tech Talk” is hosted by John Ray and broadcast from the North Fulton Business RadioX® studio inside Renasant Bank in Alpharetta.

Dave Bernard, ConCap Global

Dave Bernard, ConCap Global
Dave Bernard, ConCap Global

Dave Bernard is CEO and Managing Partner with ConCap Global, which brings together international investors and entrepreneurs. Dave is a serial entrepreneur, technologist, inventor, and investor living in Atlanta, GA. An expert in new and emerging technologies, Dave has co-founded several companies, including The Intellection Group (TIG), an innovative technology consulting group that was recognized as one of Georgia’s top 40 most innovative companies in 2007.

For over 30 years, Dave has held developer, managerial and executive positions in a variety of industries, including supply chain logistics, healthcare, real estate, financial services, government and academia. He also led TIG’s development of a patented technology architecture that unifies web development capabilities with voice recognition, text-to-speech, natural language, Radio-frequency identification, and GPS technologies, deliverable to wireless handheld and desktop devices.

For more information, you can contact Dave through LinkedIn or email him directly. To learn more on ConCap Global, you can find their website here.

Dave Bernard, ConCap Global

“Alpharetta Tech Talk” is broadcast from the North Fulton studio of Business RadioX®, located inside Renasant Bank in Alpharetta. Renasant Bank has humble roots, starting in 1904 as a $100,000 bank in a Lee County, Mississippi, bakery. Since then, Renasant has grown to become one of the Southeast’s strongest financial institutions with approximately $12.9 billion in assets and more than 190 banking, lending, wealth management and financial services offices in Mississippi, Alabama, Tennessee, Georgia and Florida. All of Renasant’s success stems from each of their banker’s commitment to investing in their communities as a way of better understanding the people they serve. At Renasant Bank, they understand you.

 

Tagged With: Dave Bernard, deals, Entrepreneurs, financial services, Funding, innovative technology, North Fulton Business Radio, North Fulton Studio, private investors, software development, Technology, technology companies, vertical markets

Decision Vision Episode 50: Should I Sell on Amazon? – An Interview with Cordelia Blake

February 6, 2020 by John Ray

should i sell on Amazon
Decision Vision
Decision Vision Episode 50: Should I Sell on Amazon? - An Interview with Cordelia Blake
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Cordelia Blake and Mike Blake

Decision Vision Episode 49:  Should I Sell on Amazon? – An Interview with Cordelia Blake

What are the pros and cons of selling your products on Amazon? How do you get started? What are the skills you need to succeed as an Amazon seller? Veteran e-commerce professional Cordelia Blake answers these questions and much more in this edition of “Decision Vision,” hosted by Mike Blake and presented by Brady Ware & Company.

Cordelia Blake, CordeliaBlake.com

should i sell on Amazon
Cordelia Blake

Cordelia Blake has been a successful business owner in the fields of technology and e-commerce for over 20 years. Her diverse skill set spans systems administration, web development, training, training development, customer service, and e-commerce.

After running her own e-commerce company for 5 years which included launching a clothing line, gourmet gift baskets and branded merchandise, she joined the HuntGirl team in 2018. She is also a public speaker, consultant and trainer in the field of e-commerce and runs an organization of Amazon sellers, Scanner Society.

A Philadelphia native who happily transplanted with her family to Atlanta, Cordelia is a graduate of Franklin and Marshall College. She resides with her husband, 2 sons, black lab, and 2 cats in Chamblee, GA.

To learn more, go to Cordelia’s website or her YouTube channel. You can also connect with her on LinkedIn.

Michael Blake, Brady Ware & Company

Mike Blake, Host of “Decision Vision”

Michael Blake is Host of the “Decision Vision” podcast series and a Director of Brady Ware & Company. Mike specializes in the valuation of intellectual property-driven firms, such as software firms, aerospace firms and professional services firms, most frequently in the capacity as a transaction advisor, helping clients obtain great outcomes from complex transaction opportunities. He is also a specialist in the appraisal of intellectual properties as stand-alone assets, such as software, trade secrets, and patents.

Mike has been a full-time business appraiser for 13 years with public accounting firms, boutique business appraisal firms, and an owner of his own firm. Prior to that, he spent 8 years in venture capital and investment banking, including transactions in the U.S., Israel, Russia, Ukraine, and Belarus.

Brady Ware & Company

Brady Ware & Company is a regional full-service accounting and advisory firm which helps businesses and entrepreneurs make visions a reality. Brady Ware services clients nationally from its offices in Alpharetta, GA; Columbus and Dayton, OH; and Richmond, IN. The firm is growth minded, committed to the regions in which they operate, and most importantly, they make significant investments in their people and service offerings to meet the changing financial needs of those they are privileged to serve. The firm is dedicated to providing results that make a difference for its clients.

Decision Vision Podcast Series

should I sell on Amazon“Decision Vision” is a podcast covering topics and issues facing small business owners and connecting them with solutions from leading experts. This series is presented by Brady Ware & Company. If you are a decision maker for a small business, we’d love to hear from you. Contact us at decisionvision@bradyware.com and make sure to listen to every Thursday to the “Decision Vision” podcast. Past episodes of “Decision Vision” can be found here. “Decision Vision” is produced and broadcast by the North Fulton studio of Business RadioX®.

Visit Brady Ware & Company on social media:

LinkedIn:  https://www.linkedin.com/company/brady-ware/

Facebook: https://www.facebook.com/bradywareCPAs/

Twitter: https://twitter.com/BradyWare

Instagram: https://www.instagram.com/bradywarecompany/

Show Transcript

Intro: [00:00:02] Welcome to Decision Vision, a podcast series focusing on critical business decisions brought to you by Brady Ware & Company. Brady Ware is a regional full-service accounting and advisory firm that helps businesses and entrepreneurs make visions a reality.

Mike Blake: [00:00:20] And welcome to Decision Vision, a podcast giving you, the listener, a clear vision to make great decisions. In each episode, we discuss the process of decision making on a different topic from a business owners or executives’ perspective. We aren’t necessarily telling you what to do, but we can put you in a position to make an informed decision on your own and understand when you might need help along the way.

Mike Blake: [00:00:39] My name is Mike Blake and I’m your host for today’s program. I’m a director at Brady Ware & Company, a full-service accounting firm based in Dayton, Ohio, with offices in Dayton, Columbus, Ohio, Richmond, Indiana, and Alpharetta, Georgia, which is where we are recording today. Brady Ware is sponsoring this podcast. If you like this podcast, please subscribe on your favorite podcast aggregator and please consider leaving a review of the podcast, as well.

Mike Blake: [00:01:01] So, today’s topic is about using Amazon as a sales channel and, should you adopt Amazon or expand the use of Amazon as a sales channel? And anybody who’s listening to this is obviously familiar with the internet. And you’ve heard of this little company called Amazon that started out about 25 years ago selling books online and now, have come to dominate almost anything that we can think of, whether it’s television media or selling laptops and TVs and music and now, smart devices in our home, but, you know, what you may not realize is that Amazon’s selling its own stuff on its own account is actually less than 50% of the business.

Mike Blake: [00:01:52] What are called third-party sellers account for over 50% of Amazon’s annual revenue. It has been that way for some period of time now. So, what that’s done is that that has, to a large extent, democratized the retail sector. You know, you see, back in the old days, if you want to sell stuff online, you did on eBay or you had to put up your own website and build your entire unique e-commerce platform. And that’s no longer the case.

Mike Blake: [00:02:22] You know, there are very few places in the world, certainly, no place in United States you cannot reach by Amazon at this point. Now, is it necessarily for everybody? No. We’re going to learn more about that. But, you know, if you’re thinking about, you know, how do you get Amazon to pick your stuff up, it’s not necessarily that hard to get Amazon to pick your product up, but it’s hard to kind of keep it there because they do have a fairly tightly regulated ship.

Mike Blake: [00:02:49] And there are some pros and cons. If you are going to put products on Amazon, you are going to give some things up in order to do it. And so, I am not qualified, as is the case for most of our topics. I’m not qualified to talk about that topic other than what I just said. And so, I have brought in a very special guest expert for our show today. And her name is Cordelia Blake. And yes, that Cordelia Blake, the fabulous and marvelous Cordelia Blake.

Mike Blake: [00:03:21] And in spite of the fact that she is indeed my wife, she is very successful and has been a successful business owner in the fields of technology and e-commerce for over 20 years. Her diverse skill set spans systems administration, web development, training development, customer service, and e-commerce. After running her own e-commerce company for five years, which included launching her clothing line, gourmet gift baskets, and branded merchandise, she joined HuntGirl in 2018, where she is a partner.

Mike Blake: [00:03:50] She is also a public speaker, consultant, and trainer in the field of e-commerce and also runs an organization of Amazon sellers called Scanner Society. You can also see at least some of her Amazon training and informational videos on YouTube. A Philadelphia native who happily transplanted with her family to Atlanta, Cordelia is a graduate of Franklin & Marshall College. We actually met in the registration line in freshman year. She resides with her husband, me. I think that’s me anyway, two sons, a black lab, and we want a dog, by the way, anyway, and two cats in Chamblee, Georgia. Cordelia, dear, welcome to the program.

Cordelia Blake: [00:04:27] Thank you so much for having me on, honey.

Mike Blake: [00:04:30] So, this Amazon thing, it’s so big, it’s kind of hard to get your arms around, isn’t it?

Cordelia Blake: [00:04:39] It is, and frequently the last people you should ask about it are anybody that works at Amazon. So, that makes it like doubly difficult to find out what to do.

Mike Blake: [00:04:49] So, I was right in not finding somebody who’s an Amazon driver or a warehouse worker to come on and do the podcast, they’re not going to know the knots and bolts.

Cordelia Blake: [00:04:56] Or even an executive.

Mike Blake: [00:04:57] Yeah.

Cordelia Blake: [00:04:57] Even an Amazon executive. I’ve spoken with Amazon executives there. The way they run their ship is very vertical. So, if you’re in one division of Amazon, you know that division and nothing else. I’ve met executives who have literally not heard of other things Amazon’s doing. They just don’t stay up to date. So, they’re not really your business partner. They’re just a service provider that you need to manage.

Mike Blake: [00:05:23] So, maybe this is obvious, but I don’t want to assume, if a company is not already selling their products on Amazon, why should they consider doing that?

Cordelia Blake: [00:05:34] So, a company, I kind of want to unpack that a little bit. So, companies who sell products is a little bit vague. So, you have companies that produce their own products. Maybe it’s, you know, their patented product or their dream product or their passion product. Commonly, you’ll have a company that is a distributor for other companies. That’s a model that’s been around for hundreds of years and still very much in play. So, they sell, you know, like a Foot Locker doesn’t really sell Foot Locker shoes, they sell Nike, they sell Adidas. They’re essentially a re-seller for other brands, but they have products to sell. So, there’s different kinds of product companies and different solutions that work for the size of the company and what kind of products they sell.

Mike Blake: [00:06:25] And so, you talked about something I think is a very important distinction, and in particular, I think your comment’s going to be interesting, because you’ve drifted back and forth between those worlds. There are companies that indeed sell their own products on Amazon as a garden variety retail channel.

Cordelia Blake: [00:06:43] Correct.

Mike Blake: [00:06:43] Right? And then, there are the re-sellers, right? The third-party sellers-

Cordelia Blake: [00:06:47] Right.

Mike Blake: [00:06:47] … and something called retail arbitrage we’d maybe get into later in the show.

Cordelia Blake: [00:06:52] Well-

Mike Blake: [00:06:52] But what is the difference between those two?

Cordelia Blake: [00:06:54] So, there’s also a scale difference. So, Foot Locker, which is the example I gave, they’re essentially a re-seller, right? I mean, you go to Foot Locker, you’re not buying Foot Locker sneakers, but they’re a massive company with lots of revenue. Then, you also have people who are essentially hustling out of their garage or they have smaller businesses where they’re reselling products, whether they acquire them wholesale like Foot Locker does or they acquire them arbitrage, which is a term used to describe really buying stuff retail, whether you buy it at Walmart or you buy it at Walgreens or you buy it on walgreens.com and then, you just sell it on Amazon.

Cordelia Blake: [00:07:33] Now, that business model is a lot dicier than it was five years ago. But there are many, what I would call, more legitimate like bigger established brands and companies that are essentially re-sellers that are distributors. And so, for them, you know, their business model is valid. They just have to understand how e-commerce can now integrate within it.

Mike Blake: [00:08:00] Now, a fun example of the retail arbitrage or RA, as it’s called in your community, is, I remember when you used to sell Trader Joe’s peppermint tea.

Cordelia Blake: [00:08:11] I do.

Mike Blake: [00:08:12] Right?

Cordelia Blake: [00:08:13] Yes.

Mike Blake: [00:08:13] And that used to be a big moneymaker, because it was a seasonal item and Trader Joe’s still has only select locations, they’re not ubiquitous like a Kroger is, right? And they haven’t caught on or if you can even still do this anymore. Well, you have to tell me why you stopped.

Cordelia Blake: [00:08:28] It’s still on Amazon.

Mike Blake: [00:08:28] But I remember there was a time that we went into, I think, the Buckhead Trader Joe’s, right? And I’m the idiot. I’m starting to like put the stuff in the shopping cart. You’re like, “No, no, no. Wait here”, right? You went back to the manager, you basically said, you know, “How much can I just buy all of your inventory?” Right? And we lucked with that inventory, filled up our old broken down CRV with peppermint tea and the truck smelled great and that stuff sold very well and made a pretty tidy profit with that.

Cordelia Blake: [00:08:58] I did. I think I tripled my money on that. So-

Mike Blake: [00:09:00] But those are getting harder to come by as, I guess, people are catching on and-

Cordelia Blake: [00:09:04] And also, brands are a lot more savvy now than they were even a few years ago. So, now, Trader Joe’s, you can actually still find that tea on Amazon. Trader Joe’s does not sell on Amazon. So, what Amazon does is they essentially take advantage of the third-party smaller sellers to fill the gaps in inventory for companies that won’t sell to them. So, if they go to Nike or Trader Joe’s, they’re like, “Hey, we want to sell your products”, and they’re like, “F you, we don’t want to sell on Amazon. You’re going to kill our product.” They’re like, “Fine, Cordelia will sell it”, you know. So, I don’t do arbitrage anymore.

Cordelia Blake: [00:09:39] Right.

Cordelia Blake: [00:09:39] I don’t do that business model anymore for a lot of reasons. But yeah, you could go and so, those tea boxes were about $2.50 each and a four-pack, so that costs $10, four boxes selling for $25 to $30 on Amazon. Now, that’s not all profit because Amazon, you know, they’re like the dealer in Vegas, right? The dealer always gets paid. So, that would be about, you know, a $7 profit per unit.

Mike Blake: [00:10:07] But you sell enough of them and it becomes worthwhile, right?

Cordelia Blake: [00:10:10] It’s nice.

Mike Blake: [00:10:10] So-

Cordelia Blake: [00:10:10] Yeah. And Trader Joe’s runs out. It’s a seasonal product. And people love that tea, they buy it as long as it’s available.

Mike Blake: [00:10:17] So, lots of companies aren’t already selling on Amazon. I think to me, you would think that Amazon being so ever present, right? You can’t get away from Amazon anymore. I don’t think there’s a place in country you could hide out from Amazon conceivably. But there are companies that are not yet selling on Amazon. You know, in your mind, why do you think that is? And you said that there’s some companies that do not want to sell on Amazon. Why do they make that choice?

Cordelia Blake: [00:10:46] So, Amazon is its own ecosystem. They have their own rules. They’re irrational. They don’t do what they say they do. It’s crazy. And so, you really need to know that ecosystem well. And there’s not that many people that actually know it well. So, if you treat selling on Amazon like, say, any other channel that you might sell on, then you’re probably going to have a bad experience because you don’t understand the rules of Amazon. And Amazon, they don’t always tell you the rules, you kind of have to figure them out, which is why bringing in a consultant or somebody else who can help you on your team is a really important part of that decision, in my opinion.

Mike Blake: [00:11:25] So, what’s an example? In fact, you and I are having lunch, I think, you gave a good example of this. What’s an example of somebody accidentally stepping on a landmine? Because I didn’t understand how Amazon works, that you’re telling me a story about there’s this individual inside a company thought they’re doing everything right, right? That was their intent.

Cordelia Blake: [00:11:43] Yeah.

Mike Blake: [00:11:43] Right. And then, bad things happen. So, why don’t you take us through that story, because I think it’s very illustrative.

Cordelia Blake: [00:11:47] So, this was a business, a completely legitimate business. They were selling wholesale and private label products on Amazon, had an employee who, you know, did all the things that he was supposed to do. This employee decided to open their own Amazon account and do their own selling.

Mike Blake: [00:12:05] Now, with competing products, it turned entirely different.

Cordelia Blake: [00:12:07] They weren’t, in any way, competing, they weren’t trying to be devious or difficult, they were just doing their own thing on the side. But they used the same cell phone number on that account as they had listed on their user account on this business account. And that business account got shut down for months. They finally had to go through legal to get unsuspended. And she had to fire the employee. It was a disaster. Months of revenue just gone.

Cordelia Blake: [00:12:38] So, I mean, this is kind of a bigger picture thing. I actually think Amazon really needs to be regulated in the US, but there’s very little recourse like she should have been able to just say, “Hey, this guy did his own thing. We don’t sell the same accounts.” And he shut down his account. As soon as it happened, he felt terrible. It was not intentionally done. And she said, “The account shut down, the cell phone is disconnected. It was-“, blah, blah, blah. All you get is like a bot. You’re not getting a human being who’s actually taking your case.

Mike Blake: [00:13:15] Right.

Cordelia Blake: [00:13:15] And so, for her, you know, this was her business, tens of thousands of dollars of revenue a month, and for Amazon, it just wasn’t even on their radar. And so, a lot of what we do in the consulting world is work to prevent suspension. We tell our clients, “Don’t do this because you might get in trouble”, not because it’s rational or makes sense, but just because I’ve known people who it’s happened to.

Mike Blake: [00:13:41] So, you know, if you’re in a sell on Amazon, then you need to make a commitment to understanding that ecosystem. Is it fair to say there’s kind of a language to Amazon as well?

Cordelia Blake: [00:13:50] There is. And if you’re a larger company, which I know that’s what your audience is, it’s more larger companies, I’m still surprised at how many large companies treat the decision to sell on Amazon as if it’s like a side hustle. So, you could have $500 million in revenue and you’re still really essentially treating it like a side hustle. And I just feel like you need to treat it, if you were opening like a new amazing facility in midtown Manhattan, right?

Cordelia Blake: [00:14:19] And you were investing in the pretty storefront and you had a grand opening with models and movie stars. You wouldn’t get your junior intern who was still in college to manage that, but that is what big companies do with Amazon all the time. They don’t treat it like that midtown Manhattan opening. They treat it like the side hustle. And then, the top-level executives in the companies don’t understand. They don’t know what’s happening. They don’t know how to make these decisions.

Cordelia Blake: [00:14:48] And so, things go wrong. And so, some companies, rather than dealing with any of that, they just opt out. So, that kind of goes back to your original question, why would a company not sell, because they’re just not ready for that commitment or they don’t even know where to get the information, because there’s no certification for Amazon consultant. So, everybody says they’re the best and that they know what they’re doing.

Mike Blake: [00:15:10] Right.

Cordelia Blake: [00:15:10] So, you have to kind of suss that out.

Mike Blake: [00:15:13] But what makes them more confounding is it sounds like it’s a lot like Google, that Google has algorithms that they maintain or change or whatever, and they don’t tell anybody, right? In fact, their model is to keep people guessing, I guess. And I don’t fully understand why that is, but their model is to keep people guessing. And I guess Amazon kind of works the same way, too. So, even if you think you’ve got Amazon nailed right today, January 10th, the day we’re recording this podcast, you know, by July 1st, it could be completely undone.

Cordelia Blake: [00:15:54] It could be and, you know, their trade secrets, the way they do the AI, there’s actually some legislation in Europe to regulate this in terms of informing sellers how search works. But here, we don’t have anything about that. And so, we’re all basically trial and erroring what works and what doesn’t, because what they tell us is basically wrong.

Mike Blake: [00:16:21] So, there are smaller sellers and larger sellers on Amazon. I’m curious, I can be of two minds, do you think larger companies have an easier time on Amazon or do you think smaller companies may have an easier time because they’re more willing to learn, they’re more nimble?

Cordelia Blake: [00:16:38] Well, I think like any business, it really depends what your goal is. So, if your goal is to have like a small income, then as a small salary, you definitely have an advantage. But if your goal is to use Amazon as a tool to both increase your sales by millions and also increase your marketing reach, because, you know, people see your product there, then a bigger company has an advantage because really, any business that can like lose money longer has an advantage. A smaller business, they have to be profitable to eat. But a larger company can pour tens of thousands of dollars into something and say, “Okay, well, we know in five years, this is going to be profitable to this point, so we’re going invest this much.” And it is very hard for a smaller seller to be able to have those resources to do that.

Mike Blake: [00:17:31] So, you know, let’s say that somebody comes to you and they want to know about Amazon, they say, you know, “I know all about online selling, I’m on a website. I’ve sold on eBay. I’ve sold on jet.com”, are they pretty much all the same? How much does that experience with other channels translate into an Amazon exercise?

Cordelia Blake: [00:17:54] I mean, every channel has its own rules, its own ecosystem, its own platform. And so, just as I know people who are Amazon sellers who fail utterly at eBay, because they don’t take the time to learn how eBay is different. If you are really good at your own e-commerce site or your own brick and mortar location or whatever your current business model is, any time you venture into a whole new area, which is what Amazon is, it’s a whole new area, and people, again, they don’t really treat it like that, then, you know, you have to learn the way that works.

Cordelia Blake: [00:18:26] I see all the time, like even catalog listings, you can tell by looking at a listing once you kind of know what to look for, that they just took their listing off their website and upload it to Amazon. They didn’t actually take the time to learn how an Amazon listing is its own separate thing. And you can tell. So, absolutely, any kind of knowledge you have in another area, it doesn’t necessarily apply to Amazon.

Mike Blake: [00:18:51] So, I’m going to change gears a little bit, but one thing that strikes me about the Amazon platform that I’ve learned observing you and observing how you advise your clients is Amazon has one big drawback that would concern me and that as the seller, you’re never going to own that retail channel, right? At the end of the day, you are completely at the whim and the mercy of what Amazon decides to do with you, unless you have an exceptionally large legal budget, basically, right? And including if you have an Amazon account and identity, it’s hard to even transfer that. If I’m a business and I’m selling a lot through Amazon, it’s actually hard to transfer that to a buying party, isn’t it?

Cordelia Blake: [00:19:45] Technically, you’re really not supposed to even do that.

Mike Blake: [00:19:47] Right. Okay. Yeah.

Cordelia Blake: [00:19:48] Yeah.

Mike Blake: [00:19:48] Technically, you’re not even supposed to do it, right? So, now, if I’m selling my stuff on Amazon, technically, my business is not saleable, because I’d had to shut it down.

Cordelia Blake: [00:19:57] So, the nuance of that is, the way that you handle that is if you’re setting up an account correctly, what a lot of people do is they set it up in their name and their personal email or their personal business email. So, I would do, you know, my accounts in are Cordelia Blake, cordelia@whatever, whatever, right? But what they should do is to the extent keep—their possible is have all the emails be generic.

Cordelia Blake: [00:20:19] So, have your, you know, amazon@mycompany.com. And so, then you’re not really selling your Amazon account, you’re actually selling your business entity and your bank account. So, if you came in, acquired my business, and you have the bank account and the email and all of the inventory and the log in, you can essentially take over the operation of that account, because it’s not in my personal name.

Mike Blake: [00:20:46] Right. So then, that becomes transparent.

Cordelia Blake: [00:20:49] It’s like an asset of your business. But if you read Amazon’s policies, they say that you’re not allowed to sell an account to somebody else.

Mike Blake: [00:20:57] Right. Right. You know, it’s a little bit minutia, but it’s important if you sell the company that owns the account, right? Then, if you set it up correctly, then as far as Amazon is concerned, that’s entirely a transparent process.

Cordelia Blake: [00:21:15] I mean, honestly, they won’t even know about it.

Mike Blake: [00:21:16] They won’t even know, right?

Cordelia Blake: [00:21:17] Right.

Mike Blake: [00:21:18] And I would imagine on some level really don’t care, what they need to make sure is that there’s some sort of chain of accountability, right? That’s what Amazon’s got to be looking for.

Cordelia Blake: [00:21:28] Today, maybe yeah.

Mike Blake: [00:21:30] Today, maybe yeah. Again, check back with us in six months, right?

Cordelia Blake: [00:21:34] Yeah.

Mike Blake: [00:21:34] You ought to do an Amazon podcast. You never thought of that before, right? All right. So, we’ve gone through this, we’ve set up some of the risks. What does it cost to sell on Amazon?

Cordelia Blake: [00:21:47] It actually costs very little in terms of actual, like you just write a check. A professional seller’s account, and this is the same account every seller has, whether you’re, you know, me, little in my garage or you have a multi-million-dollar account or whatever, it’s $39.99 a month for your sellers account.

Mike Blake: [00:22:05] Okay.

Cordelia Blake: [00:22:05] That’s it. That’s really the only fee. Now, of course, there’s like business costs, like pay per click and inventory and all that kind of stuff, but the actual costs, whereas if you started your own e-commerce site, you know, you’re going to have to invest in the infrastructure of your site, warehousing. I mean, Amazon even will let you use their warehouse. And you’re fulfilled by Amazon and you just pay us a fee based on the number of units that you have in the warehouse. So, it’s not like you have to pay a flat monthly rent. Like if you rented a warehouse, you have to pay rent whether you have stuff or not.

Mike Blake: [00:22:38] Yeah.

Cordelia Blake: [00:22:39] Whereas at Amazon, you only pay on the stuff you actually have in the warehouse at the moment. And so, there are a lot of advantages they give to smaller businesses that would be very hard to leverage on your own.

Mike Blake: [00:22:52] And do they take a percentage of the sales price as well?

Cordelia Blake: [00:22:55] Yeah, they take a percentage of the sales price. They take a fee for fulfillment. They take some other fees and some more fees.

Mike Blake: [00:23:03] That sounds great. We need to build Amazon. Screw this podcast.

Cordelia Blake: [00:23:07] Yeah.

Mike Blake: [00:23:07] We’re going to build an Amazon competitor right now. Forget it.

Cordelia Blake: [00:23:10] I actually know an entrepreneur who built a marketplace. It wasn’t Amazon, but he did turn his business into a marketplace so that he could sell other people’s products as well as his own.

Mike Blake: [00:23:19] Okay.

Cordelia Blake: [00:23:19] So, that is a viable business option if you’re in a niche market.

Mike Blake: [00:23:24] Okay. Now, you said something that might surprise a listener and that is pay per click. When most of us think about pay per click, we think that that’s basically Google, right?

Cordelia Blake: [00:23:35] Right.

Mike Blake: [00:23:35] But Amazon has its own pay per click, its own search algorithm, its own search ecosystem, correct?

Cordelia Blake: [00:23:42] It does. And it’s kind of funny, because now, you read all these articles about how Amazon’s growing their advertising revenue. And I’m like, “That means they’re making me pay more money for my ads.”

Mike Blake: [00:23:53] Okay.

Cordelia Blake: [00:23:53] That’s what that translates as, in case you’re wondering.

Mike Blake: [00:23:56] So, maybe the short answer is if you’re an Amazon re-seller, at least have Amazon stock so that you get some of that back.

Cordelia Blake: [00:24:02] It used to be-

Mike Blake: [00:24:02] Not an investment recommendation.

Cordelia Blake: [00:24:04] It used to be that if you had a product that was relevant to the customer, that wasn’t saturated, that was niche-specific, and was a good fit for what the customer wanted, you really didn’t need pay per click. You could just launch, you could write a solid listing and the customer would find your product. And if it was what they wanted, you know, I’m not talking about selling people’s stuff they don’t want, but like, if you’re really into grass-fed cattle jerky and you sell grass-fed cattle jerky, then you could sell them on Amazon.

Cordelia Blake: [00:24:33] I still want stuff all the time, no ads. But in the last year, that has really changed. It’s almost impossible to do a product launch at any level now without pay per click on Amazon. And then, there’s a lot of Amazon sellers, especially larger companies who, you know, they have off-Amazon marketing as well. And so, that helps their Amazon sells, too.

Mike Blake: [00:24:55] Yeah, I know one of my clients, you know, opened their own Amazon channel about two years ago and they combined that with influencer campaigns, because they do consumer products, right? And basically, there’s an element of affiliate marketing with it. And then, you know, press the Amazon link and then buy through Amazon, right? So, what I’ve learned, it sounds like you’re saying is correct, is that you could make your distribution effort and marketing effort entirely self-contained within the Amazon ecosystem or the Amazon ecosystem and retail channel could be supported by other by other marketing channels as well.

Cordelia Blake: [00:25:35] It could be. And, you know, a lot of times, and I’ve done this, you know, you’ll get a Facebook ad for something that you’re interested in. And instead of clicking through the ad, I switch over to Amazon and look for that product, because I’m like, is that legit or are they going to take me to somewhere, website or whatever? I don’t know, it’s suspicious, whereas there is this trust of Amazon.

Cordelia Blake: [00:25:53] And so, there’s a lot of companies who it’s not always a direct click, where, you know, you click from the Facebook ad to the Amazon product, but that marketing results in increase in your Amazon sales, because people then start searching for your product. And I think if you have a product that you produce or represent that, at the very least, you should have enough of an Amazon presence so that if people are already searching for it on Amazon, you’re not losing those sales, because you’re not there. So, that’s kind of a minimal level of Amazon participation, I think, a lot of companies should have that they don’t necessarily have.

Mike Blake: [00:26:31] And I have to imagine that’s even made all the more complex, because Amazon, itself, is now offering an increasing array of its own products.

Cordelia Blake: [00:26:39] They are. And they will steal your customers like without even thinking about it.

Mike Blake: [00:26:44] Right. They lose less than zero sleep over that.

Cordelia Blake: [00:26:49] They do.

Mike Blake: [00:26:49] Right.

Cordelia Blake: [00:26:49] And in fact, one real issue that a lot of larger companies are having that used to sort of master their whole, you know, like say a paper towel company or a diaper company, you know, they don’t really have a patentable product, it’s just paper towels.

Mike Blake: [00:27:03] Right.

Cordelia Blake: [00:27:03] But they’ve built their reputation over the last 100 years and their supply chain and they know how to make paper towels really well. Well, Amazon’s like, “I can make paper towels, no problem.” And so, they will actually advertise in, you know, let’s say your bounty listing on Amazon for Amazon Essentials paper towels for $3 less than the bounty one and literally just steal that sale.

Mike Blake: [00:27:30] That’s cold blooded, man.

Cordelia Blake: [00:27:32] And that’s where you have, Europe is starting to look at regulating that, because they’re saying, “There’s no way that you can.” I think in the next five years, we’re going to start to see regulations around marketplaces selling their own products and competing against their third-party sellers because it’s a real data gray area.

Mike Blake: [00:27:53] All right. So, let’s switch gears a little bit. You know, our listener, we’ve walked the listener through the pros and a lot of the cons and the cautions about selling for Amazon, but the listener says, “You know what, I get it. I think I’m going to give this thing a shot.” What are the first couple of steps you undertake to now start an Amazon selling channel?

Cordelia Blake: [00:28:15] Well, there’s a lot of learning. So, it really depends. If you’re talking like, you know, somebody who has a small business and they just want to sell on Amazon versus a larger company. So, we’ll simplify it again.

Mike Blake: [00:28:26] Well, I’d be very surprised if Nike executives are listening to this.

Cordelia Blake: [00:28:32] They are, they’re totally.

Mike Blake: [00:28:33] Yeah. Well, hi. Love your shoes. Wearing Air Monarchs, by the way, which my son actually says they’re cool. He’s so delighted I’m not wearing Skechers anymore. No, I think our audience is going to be a small and mid-sized business and they’ve got their own products they’re selling. But, you know, they have probably heard some of the horror stories or have not gotten around to selling on Amazon. And now, we’ve convinced them that that’s something they may want to consider doing. So, I’m in that $20, $30 million a year company, I want to start selling on Amazon. What’s sort of the initial checklist to get started?

Cordelia Blake: [00:29:08] Well, I would honestly reach out to somebody like me. There’s a lot of great consultants out there who really know what they’re talking about. And one of the things that surprises me, I’ve had several companies reach out to me and the first thing I usually do, especially if they’re kind of new to Amazon, is we offer to do a report for them, where we say, “Okay, we’re going to look at your costs. We’re going to look at, you know, the dimensions of your product, the weight, the competitive marketplace. We’re going to see who else is selling what you’re selling and we’re going to deliver you report and basically tell you how this might work for you.” Good, bad, you know, all of it. And they come already having made a decision based on very little data.

Mike Blake: [00:29:50] Right.

Cordelia Blake: [00:29:50] And they don’t want that report.

Mike Blake: [00:29:52] Right.

Cordelia Blake: [00:29:52] And I’m like, “Why would you not want that report?”

Mike Blake: [00:29:53] “Shut up and take my money.”.

Cordelia Blake: [00:29:55] So, I mean, I had a client not hire me, because we really felt like they were making a bad strategic decision.

Mike Blake: [00:30:02] I remember that.

Cordelia Blake: [00:30:02] And they didn’t want to hear it. And I didn’t really want to help them make this bad strategic decision, because I felt like we were just going to end up in an unhappy situation.

Mike Blake: [00:30:10] And you don’t want your name on that.

Cordelia Blake: [00:30:11] So, I would say, if you’re starting out, get that damn report. Get somebody to write you a report. It doesn’t necessarily cost that much in terms of your—and explain the fees for your product, explain the market for your product, the number of searches for not just your product itself, but the category, what the competition looks like, what their costs are, and really start to understand, because the Amazon ecosystem, it’s different. Like I have one client, you know, they sell products in one industry.

Cordelia Blake: [00:30:44] And so, they’ll give me a list of their top competitors. They’re like, “Well, this is our thing and this is what all our competitors are selling it for.” None of those competitors are on Amazon. Those are their brick and mortar competitors. They’re some Chinese company that you never heard of that’s stealing 90% of this business, because they know how to do Amazon. So, the Amazon competitive marketplace may look completely different than the real world’s competitive marketplace. And somebody can do a report for you on that.

Mike Blake: [00:31:14] So, I guess, are there some products that sell better than others or worse than others? And how do you decide what you’re going to sell on Amazon?

Cordelia Blake: [00:31:24] Well, I mean, shipping, right? You can’t live without it.

Mike Blake: [00:31:29] Yeah.

Cordelia Blake: [00:31:29] Shipping is expensive. And so, one big factor is how much does your product weigh? How big is it? How much is it going to cost to ship it?

Mike Blake: [00:31:37] Like FedEx and I think all the other shipping services followed suit, they lowered the bonus threshold to 50 pounds as opposed to 70 pounds, right?

Cordelia Blake: [00:31:46] It’s really getting to the point. I mean, look, shipping costs money and at some point, somebody is going to pay for it.

Mike Blake: [00:31:52] Yeah.

Cordelia Blake: [00:31:52] And so, the big thing is if you sell anvils versus if you sell toothpicks, it’s going to be a different analysis. But the other thing a lot of companies don’t do is they really don’t work the shipping costs into their profitability, so they’ll come and be like, “Our costs are $5 and these are selling for $50, so it’s a win.” And I’m like, “Yeah, but it costs you 40 bucks to ship it.” So, that is one thing I would look at. And then, the other thing is, how can you strategically increase the price of your product?

Cordelia Blake: [00:32:20] You know, if your product is cheap, let’s say you sell a toothpick box, which is $2. There’s like no way that’s worth selling online. But if you sold 20 of those toothpick boxes, it might be. And that’s another thing that surprised me. A lot of companies don’t think about how they can bundle or combine their products to make a higher value product to solve their customer problems and, you know, sell 10 products with the same number of profits as if he sold 100. It’s a lot less work, a lot less labor, all that stuff. So, that’s another way you can be strategic.

Mike Blake: [00:32:51] Now, if I understand correctly, there are certain products Amazon will not allow you to sell.

Cordelia Blake: [00:32:57] Like CBD.

Mike Blake: [00:32:58] CBD. And-

Cordelia Blake: [00:32:59] You may wonder how I know that.

Mike Blake: [00:33:03] Yeah.

Cordelia Blake: [00:33:03] Somebody asked me, “Hey, I’ve got a great source for CBD products.” I’m like, “Yes. So, does everybody and their brother.”

Mike Blake: [00:33:09] Right.

Cordelia Blake: [00:33:09] You cannot sell. And people will say, “But it’s on Amazon.” Because you can buy CBD on Amazon or hemp oil, whatever you want to call it.

Mike Blake: [00:33:18] Right.

Cordelia Blake: [00:33:18] But it’s like, “Yeah, but they’re violating terms, so I’m not going to do that.”

Mike Blake: [00:33:22] Right. Just because they haven’t got caught yet doesn’t mean-

Cordelia Blake: [00:33:24] Right.

Mike Blake: [00:33:24] … they’re not breaking the rules.

Cordelia Blake: [00:33:25] Right.

Mike Blake: [00:33:27] Now, from my understanding, also from going back to kind of the retail arbitrage perspective, there are certain products you can’t sell as well, correct? Because companies have some sort of unique channel relationship arrangement to make sure that third-party sellers can’t compete with the primary supplier, correct?

Cordelia Blake: [00:33:46] Yeah. So, you know, you can brand-register your brand and then, just like, you know, anything else. Larger companies, they have bigger lawyers, bigger law firms that represent them, they’re willing to pursue IP infringement and things like that. And the smaller business can’t necessarily fight that. So, it used to be that you could sell Barbie and you could sell Lego and you could sell all these brands that you just bought, you know, at Toys R Us. Haha. Back in the olden days.

Mike Blake: [00:34:10] They’re coming back.

Cordelia Blake: [00:34:12] But now, you know, those brands are regulated. Some of them are restricted. And there are things that like if you meet somebody who say, “I sold an Amazon for 10 years”, they’re going to just be allowed to sell stuff that you’ll never be allowed to sell if you just start out today. So, it is different. It’s more restricted now.

Mike Blake: [00:34:31] So, as you have been an Amazon seller of some kind for a number of years now, what skills have you found that you have needed to develop in order to be more successful as well as to evolve with how that marketplace works?

Cordelia Blake: [00:34:47] I mean, I’ve just had to become a stronger business person, in general. You know, when I first started selling on Amazon, you could basically sneeze and make money. I didn’t really know that at the time. I just thought it was easy money and it was great.

Mike Blake: [00:34:59] You thought you’re brilliant.

Cordelia Blake: [00:35:01] Because I’m brilliant, you know. But I’ve had to really evolve as a business person and understand things like long-term profits and investing in infrastructure and things that I really didn’t grasp when I first started doing this as a side hustle six years ago, seven years ago. So, Amazon now, it’s a real business. So, just like you wouldn’t go into any other business and assume that you could invest very little money and make a ton of money in the first week, Amazon is the same way. But one of the bad things about YouTube is people will search up videos and videos from five years ago, come up and they’re like, “Oh, this is so easy”, right? And then, they go do this stuff that people were teaching five years ago. And there are teachers out there that are still teaching that. And it’s very bad. So-

Mike Blake: [00:35:55] But even if they’re not teaching it, it’s just some legacy archive video. You look at the timestamp, you realize that it’s basically like being in a time machine.

Cordelia Blake: [00:36:04] Yeah. And people get mad. They’re like, you know, “Why are people taking the price?” And I’m like, “Well, you just did that, because you want that sale.” Like, they just want to have this bubble and it doesn’t exist anymore. So, if you’re going to sell on Amazon, you need to treat it like a real business, whether you’re a re-seller or sourcing your own products. However you do it, it’s a true channel for your business and you really need to understand it and treat it accordingly.

Mike Blake: [00:36:29] And I would also observe that you’ve had to become a much better data analyst than you have been.

Cordelia Blake: [00:36:37] Yes.

Mike Blake: [00:36:37] And had to embrace that.

Cordelia Blake: [00:36:38] I’ve had to embrace data, bookkeeping, I hate bookkeeping. No. But yeah.

Mike Blake: [00:36:45] Thank you for saying that on an accounting podcast, we do appreciate that.

Cordelia Blake: [00:36:48] That’s why you hire people to do that for you.

Mike Blake: [00:36:49] Yes, it is.

Cordelia Blake: [00:36:50] Like Brady Ware.

Mike Blake: [00:36:50] If you hate bookkeeping, call Brady Ware.

Cordelia Blake: [00:36:52] Call Brady Ware. But seriously, yeah, data analytics are important and creative data analytics, which is what I like. So, some people will, you know, their software you pay and I pay for the software and there’s software you get through Amazon if you’re brand-registered, which I love, called Brand Analytics and I could geek out on data all day long. But yeah, there’s data available and you definitely need to learn how to leverage data. And the Amazon data is different from marketplace data.

Mike Blake: [00:37:25] So, how do you use Amazon’s data to figure out which products to sell? I know in your business, you’re selling products and you don’t just sort of say, “Hey, this looks cool. Let’s start selling some.” You’ve done that in the past, you’re no longer doing it.

Cordelia Blake: [00:37:43] It used to work.

Mike Blake: [00:37:43] You could get away with it before, right? But now, you have to be a little bit more thoughtful. So, walk us through a little bit about your process. How does a product make the cut-

Cordelia Blake: [00:37:52] Okay.

Mike Blake: [00:37:52] … to become a product that HuntGirl is going to carry?

Cordelia Blake: [00:37:56] So, I will give you an actual example of a product that I wanted to sell, because I really liked it. And as usual, I teach people stuff from the mistakes I made, because that’s how you learn and I hope to prevent you from making the same mistake. But it’s a leather bracelet. It’s a beautiful leather bracelet, has inspirational sayings on it. It’s just the kind of thing that makes you feel good to wear. It’s attractive, it’s gorgeous, it’s ethically sourced, blah, blah, blah, blah. It’s wonderful, right? So, I’ve seen it off trade shows.

Mike Blake: [00:38:23] The cows voluntarily gave up the leather.

Cordelia Blake: [00:38:24] They did. So, the first thing you do is you look up to see if it’s on Amazon. So, when you do a search on the Amazon, it’ll tell you how many search results there are. So, if you put in coffee mug, for example, into an Amazon search window right now, you will see like 50,000 results. So, that might indicate to you that that’s a little bit saturated.

Mike Blake: [00:38:47] A little bit, of course.

Cordelia Blake: [00:38:49] Right. And maybe you don’t want to sell coffee mugs, but like let’s just say you were trying to do insulated coffee mugs that are made from ethically sourced stainless steel, if there is such a thing, I don’t even know if that exists. Well, then that’s going to be less result. So, the first thing you want to do is do some searching to see how saturated on Amazon your product is. In general, I try to find stuff that has less than 4,000 search results.

Cordelia Blake: [00:39:15] And really, under 2 is ideal. So then, the next thing is, so everything on Amazon is ranked. So, everything has what’s called a BSR or best seller rank. So, just like on a New York Times book list, you want to be the number one best seller, while you want to be the number one best seller on Amazon, too. But there’s a lot of things on Amazon. So, kind of anything under, this is super rough, under 100,000 is usually a decent rank. That’s a very broad generalization and-

Mike Blake: [00:39:43] That shows you how big Amazon is.

Cordelia Blake: [00:39:47] Yes. But certainly, under 50,000 is good. That’s a good rank.

Mike Blake: [00:39:53] Okay.

Cordelia Blake: [00:39:53] So, you want to see if in your search results, there’s stuff that has—because sometimes, you’ll look something up and you’ll be like, “Oh, there’s only 30 results.” And then, everything is like 10 million BSR. You don’t want to sell that. That means nobody’s looking for it. Nobody’s buying it. So, if you have on a search result page, let’s say half your results are, you know, under 50,000, then that’s good. Not only are people searching for that, it’s not saturated, but it’s selling. And then, this is the thing that I made the mistake with the leather bracelets. You want to see the prices stuff is selling for.

Mike Blake: [00:40:28] Okay.

Cordelia Blake: [00:40:28] And if you want to compete on that. So, sometimes, you’ll look and like everything selling for like $20 each and your thing is going to cost $20. And so, you’re like, “All right, I can write a good listing. I can throw some pay per click. I can compete.” But maybe everything is selling for like $8, which is what happened with the leather bracelet. So, I got this beautiful leather bracelet that sells for $40 and every leather bracelet on Amazon was selling for like $6.

Cordelia Blake: [00:40:57] So, I ended up having to donate all those leather bracelets. So, you want to look at the price point. Are you competitive on price and can you realistically compete? Because, you know, there’s some battles that are worth fighting and some battles that are better to walk away from. So, if everything is selling for $6 and there is like 50,00 things that are selling for $6, most likely, it’s just better to walk away. So, those are my three. So, you see how many search results, the ranks of the search results and then, the price point.

Mike Blake: [00:41:32] What’s the most common mistake you see made by people ore companies selling on Amazon.

Cordelia Blake: [00:41:37] They really do not take the time to learn how to sell on Amazon. They want their first thing to be a hit. And they’re like, “I sold one thing. Why didn’t it work well”, instead of really thinking like, “All right. I’m going to sell 100 things and then, I’ll learn.” So, the biggest thing is really to give yourself time for that learning curve and money for the learning curve. Whatever your budget is, divide it by 10 things or a hundred things and just know that you’re going to screw stuff up, you’re going to learn, and just that’s part of it. You can hire a consultant, you can take a high-priced class, you are still going to have a learning curve. It just is part of the process.

Mike Blake: [00:42:16] There’s going to be some trial and error.

Cordelia Blake: [00:42:18] Yeah.

Mike Blake: [00:42:18] As is often the case in e-commerce.

Cordelia Blake: [00:42:20] Or any business, really.

Mike Blake: [00:42:23] Well, we’re running out of time here. There’s a lot more questions we could ask, but I know we got to get you moving along. If people want to learn more about the Amazon Channel, how to take advantage of it, how can they contact you?

Cordelia Blake: [00:42:34] So, they can go to my website, which is cordeliablake.com. I have a couple different companies, so I just unified it all into one website. And then, I’m on YouTube, Cordelia Blake TV on YouTube. I’m on Facebook, I’m kind of on Instagram. So, I do educational videos. You can reach me on LinkedIn. I’m pretty easy to find.

Mike Blake: [00:42:58] Well, that’s going to wrap it up for today’s program. I’d like to thank Cordelia Blake so much for joining us and sharing her expertise with us. We’ll be exploring a new topic each week. So, please tune in so that when you’re faced with your next executive decision, you have clear vision when making it. If you enjoy these podcasts, please consider leaving a review with your favorite podcast aggregator. It helps people find us so that we can help them. Once again, this is Mike Blake. Our sponsor is Brady Ware & Company. And this has been the Decision Vision podcast.

Tagged With: Cordelia Blake, eCommerce, Mike Blake, selling on Amazon

Tonia Morris, Transition Enterprises

February 5, 2020 by John Ray

Tonia Morris, Transition Enterprises
North Fulton Business Radio
Tonia Morris, Transition Enterprises
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Tonia Morris, Transition Enterprises

North Fulton Business Radio, Episode 195: Tonia Morris, Transition Enterprises

A transition from the corporate world to entrepreneurship can be difficult and yet rewarding, as Tonia Morris, author of Before You Say “I Do” to Entrepreneurship, discussed on this edition of “North Fulton Business Radio.” Tonia works with clients in transition through her coaching firm, Transition Enterprises. “North Fulton Business Radio” is hosted by John Ray and is broadcast from the North Fulton Business RadioX® studio inside Renasant Bank in Alpharetta.

Tonia Morris, Transition Enterprises

Tonia Morris, Transition Enterprises
Tonia Morris

Tonia Morris is founder of coaching firm Transition Enterprises. Based in Grayson, GA, Tonia guides professionals from the corporate world through specific stages of entrepreneurship. She is a Registered Corporate Coach, a contributing writer with the Forbes Council, a professional speaker with the National Association of Speakers, and author. Her new book, Before You Say “I Do” to Entrepreneurship, is a must-have for understanding what it takes to enter into entrepreneurship.

As the founder of Simply HR, a training and consultant firm, Tonia has served hundreds of organizations on how to build a generational inclusive workplace.

For more information, visit Tonia’s website, or you can email Tonia directly. To order a copy of Before You Say “I Do” to Entrepreneurship, follow this link.

Tonia Morris, Transition Enterprises
John Ray and Tonia Morris

North Fulton Business Radio” is broadcast from the North Fulton studio of Business RadioX®, located inside Renasant Bank in Alpharetta. Renasant Bank has humble roots, starting in 1904 as a $100,000 bank in a Lee County, Mississippi, bakery. Since then, Renasant has grown to become one of the Southeast’s strongest financial institutions with over $13 billion in assets and more than 190 banking, lending, wealth management and financial services offices in Mississippi, Alabama, Tennessee, Georgia and Florida. All of Renasant’s success stems from each of their banker’s commitment to investing in their communities as a way of better understanding the people they serve. At Renasant Bank, they understand you because they work and live alongside you every day.

Tagged With: from corporate to owning your own business, generational coach, help in transition from corporate to business owner, North Fulton Business Radio, North Fulton Studio, Simply HR, Steps to leaving your corporate job, Tonia Morris, transition enterprises, transitioning from corporate to small business, Women in Business

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