All In Podcast

50: A&P Business Mastery Strategist Wally Carmichael

Daniel Giordano

SUMMARY:

There are many ways to measure business success that have little to do with chasing that tantalizing $1 million revenue dream. In this episode of All-In, Daniel focuses the  conversation on creating abundance of the kind that drives Wally Carmichael both personally and professionally. As host of both the Men of Abundance and Business Owner Growth podcasts, Wally focuses on the intersection between building success and living successfully. He has developed best practices and tools to help entrepreneurs evolve their businesses while also weaving in all kinds of life lessons gleaned in a long career as a U.S. Army Medic, father, husband and active community member. Together Daniel and Wally share their perspective as dads who value being actively involved in their children’s lives and their belief that there are things in life far more important than the single-minded goal of becoming one of the 4% of entrepreneurial ventures that break the million dollar mark for profitability. As the saying goes, “Some of the best things in life are free.” Wally suggests that income is great but of equal value are things like an abundance of time with family and freedom from debt. This episode also features useful advice for business owners about using mentors to spur growth and the importance of delegating tasks (such as marketing, sales and accounting) to ensure you’re focused appropriately on the core business you’re cultivating. Lots of great perspective from two men who have made living abundantly their mission and their quality of family life the key to meaningful success.

KEY TOPICS:

  • Wally shares a bit about his background as a kid who grew up in a trailer “behind another man’s house” in a tough Arizona neighborhood and spurned conventional education, joined the Army as a medic and blossomed over a 25-year active duty career.
  • About some of the business ventures Wally started while in the military, including as an Amway rep at the mall or PX while stationed in Germany and as an internet service provider in Iraq.
  • The entrepreneurial journey, ups and downs and challenges Wally has experienced with his various businesses – including currently as a coach.
  • How Wally recognizes and comes back from hitting walls, personally and in consultation with his clients.
  • The story behind Wally’s decision to use “Abundance” in his company name. An interaction with his young son is at the heart of the inspiration.
  • Word to the wise: You can live abundantly without owning a million-dollar business. There are riches associated with control of one’s time, opportunity to pursue passions, freedom from debt.
  • Going from being active duty military and gone all the time with his older son to being around and involved with his younger son all throughout the day.
  • Wally’s recommendations to businesses trying to lift themselves out of struggles – how he assesses their needs as well as what he can do and how.

KEY QUOTES:

  • “As a long, blond-haired white boy growing up in my neighborhood I learned how to either fight or run – and I ran very fast!”
  • “One way to fully retire is to get your finances right.”
  • “When you’re not growing you’re dying and if you’re not adding value, what’s the point?”
  • “Success is about yourself. You can have personal success and reach your goals. (But) abundance is about taking that success – the knowledge, the time, the treasures and talents – and paying it forward to others.”
  • “Once I started being grateful for what I had, so much more started coming into my life.”
  • “The problem I’ve found is that … so many people are chasing, chasing, chasing and never actually living their life or enjoying the journey.”
  • “When I save a business, I’m potentially preventing a suicide, potentially preventing a divorce. I’m definitely building some confidence in somebody that trickles out to their team and community.”
  • “What you don’t know is killing your business.”
  • “Find (a coach) who knows what they’re talking about and get an assessment before you work with them. See what they really know and what they can really do.”
  • “Many business owners want to grow but they don’t want to delegate. They don’t want employees or even to contract out. You’re never going to grow if you don’t get to that point.”

About Wally

A retired US Army Airborne Medic, Wally helps business owners create competition-crushing marketing. He begins this process by assessing business operations using a proprietary profit acceleration software.  Wally has also developed numerous training programs for business owners who prefer a do-it-yourself model. Each video lesson provides a step-by-step approach that enables any business to instantly produce more leads, close more sales and see a dramatic increase in revenue and profits.

Follow/Contact Wally:

Listeners will find gifts from Wally Carmichael by visiting:
https://allin.wallycarmichael.com 

Websites:

Email: carmichaelwb@gmail.com
@LinkedIn
@Twitter

About the All In Podcast Show:

The All-In Podcast Show presents top Entrepreneurs, Innovators and World Changers willing to share their breakthrough moments and how they are changing the world. Focused on being “All-In” on the four areas of life: faith, family, finances, and health, host Daniel Giordano invites mentors who exemplify balance and a commitment to building a bold life of excellence.

Previous Episodes: https://danielgiordano.com/podcast/

Contacts for Daniel: