The TEC Report artwork

The TEC Report

32 episodes - English - Latest episode: almost 3 years ago -

The TEC Report is all about helping business owners survive and thrive in the Corona Virus era. We're all about sharing ideas so your business can create higher value so you can grow, merge with another business, sell, or simply create something to pass on to your family.If you enjoy the podcast or know of someone you feel would be a terrific guest, please email us at:[email protected]

Entrepreneurship Business Health & Fitness Medicine mergers and acquisitions m&a mergers acquisitions selling your business business partners
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Episodes

Episode 31 - The Top Ten Ways to Increase Your Podiatry Practice Valuation - Part 2

August 25, 2021 20:00 - 30 minutes - 21.1 MB

Episode 31 is part 2 of the Top Ten Ways to Increase the Valuation of your Podiatry Practice.    This episode continues on from Episode 30 (Part 1) and goes into an overall view of items 6-10  from their book entitled...   Top Ten Ways to Maximize Your Podiatry Practice Value.   Their book is a simple checklist of areas that professional buyers look for when they are considering acquiring or merging with a smaller podiatry practice. For a free digital copy of the book, email Brad Stoller a...

Episode 30 - The Top Ten Ways to Maximize Your Podiatry Practice Valuation - Part 1

July 30, 2021 03:00 - 39 minutes - 26.9 MB

It happens all the time.   A doctor who owns a private practice thinks about retiring then tries to figure out how he or she is going to exit the practice.   They always thought the practice had a lot of value, but then no offers come in and they end up settling for an offer that just wasn't what he/she thought it would be. There are so many reasons that the practice didn't sell for what the doctor thought it should.   Today's episode is designed specifically for podiatrists, but the princi...

Episode 28 - Why Your Business Content Sucks with Rishi Sood

February 14, 2021 03:00 - 33 minutes - 23.3 MB

This episode is all about why most businesses fail miserably with their content writing, videos, blog posts and other articles.   They spend time and money only to get no views and fails to capture anyone's attention - especially their intended prospects. If you own a business or are in charge of finding prospects for your business, you may have found what a lot of others are claiming…. It’s more difficult than ever to get people’s attention.   I’ve been hearing from a lot of business owner...

Episode 27 - Why Being Sick, Fat and Tired Hurts Your Business - Dr. Pat Boulogne

December 23, 2020 06:00 - 28 minutes - 19.4 MB

Some businesses are doing great while others are really struggling and some just aren't making it.   Regardless if your business is doing great or really struggling, one thing is certain... the amount of stress that is being experienced by employees everywhere regardless if their business is thriving or struggling or if they are out of work. Overall health of Americans and people across the world as well seems to be at an all time low.  So what are they supposed to do when they're being told...

Episode 26 - The Biggest and Costliest Mistakes When Hiring a Salesperson - Jeff Hines

December 22, 2020 05:00 - 30 minutes - 21.2 MB

Businesses are re-hiring and doing everything they can to expand their sales. It seems to be a challenge, as it half the businesses are doing their best to “hang in there” as the pandemic is flaring up once again. The other half of businesses are growing and growing fast.    The challenges out there for salespeople is that they have to adapt to new sales strategies, or they just aren’t going to be successful – simple as that. For those businesses who are rapidly expanding a new set of chall...

Episode 25 - Using Technology to Manage Your Technology - TJ Karwal

September 21, 2020 02:00 - 27 minutes - 19.2 MB

Whether you own or manage a business - large or small - you have an ever changing technology environment.   With all the changes that are constantly happening, wouldn't it be nice if employees could get instant help with their IT questions and problems?    AND save you money while doing it??? Today's guest is TJ Karwal, the co-founder of Cluster Net.    TJ's company has just unveiled their one-of-a kind platform that can take over the expensive and often exhausting level 1 service tasks.   ...

Episode 24 - Running Your Network During a Pandemic - Kyle Knapp

September 20, 2020 16:00 - 21 minutes - 14.9 MB

It’s actually starting to feel somewhat “normal”.    People are out and about, schools are back in session, the NFL is playing and traffic is getting more congested again.   But yet, each one of those things I just mentioned have had to make tremendous changes in order to continue.    Schools are open, but a lot of remote learning.   The NFL is playing, but no one in the stands.    Restaurants are open, but only at 50% capacity.   We are all out shopping, but everyone has to wear a mask.    ...

Episode 23 - Finding Hidden Cyber Criminals in Your Network - Albert Whale

September 04, 2020 03:00 - 27 minutes - 18.7 MB

The pandemic has some businesses booming and yet others are closing their doors.   When business that IS booming, unfortunately, is the business of cyber crime.   Here are some stats that are going to blow you away… These are from the FBI….. Since the pandemic started – the US has had 4,000 cyber attacks…….     Each day   That’s a 400% increase since before the pandemic started!   According to Microsoft, phishing and social engineering attacks have jumped to 20,000 – 30,000 attacks a day i...

Episode 22 - Growing Your Podiatry Practice - Dr. Peter Wishnie

August 22, 2020 03:00 - 24 minutes - 16.7 MB

Are you struggling with profitability in your business?   Are employees seeming to turn over more and more?   Are your business referrals not as strong as you think they should be? Whether you own a medical practice or a non-medical business, there are certain fundamentals that you need to follow if you want to work less and make more.    Our guest is Dr. Peter Wishnie, an extremely successful podiatric practice (business) owner and top author.    He is also a partner in the company, Top P...

How to Grow Your Business Through Podcasting - Michael Greenberg - Episode 21

August 18, 2020 04:00 - 22 minutes - 15.5 MB

Competition is getting tougher.   Covid 19 is forcing you to cut back on your budget.   Yet, you need to grow your sales.   So what can you do? Micheal Greenberg, the CEO of Call for Content, shares his successes and how you can use podcasts to build relationships and increase your company's sales.   Michael is one of the county's top podcast experts and helps his clients formulate strategies for growth. Whether your company is in home improvements, real estate, or even wine tasting, podca...

Episode 20 - Remote Workers Creating Opportunities for Businesses - Preston Weekes

August 11, 2020 05:00 - 34 minutes - 24 MB

Our business environment has changed dramatically over the past couple of months.  People want to go back to work, but there is still a very large concern over office safety.  Many workers are more comfortable working remotely and many businesses are now thinking that remote workers can actually be a positive now. There are a lot of positives about remote working: Less wasted commute time Increased productivity Happier employees Less cost for real estate - less space required This epis...

Episode 19 - Why Fractional CFO's Are Becoming So Popular - Patricia Tatro

August 06, 2020 02:00 - 18 minutes - 13 MB

Business today is getting more and more competitive and owners and managers must be able to watch their bottom line if they are to survive.   Sometimes that's difficult if you are a smaller business and you need to do everything you can in order to grow. Most larger businesses have a CFO to keep them on the right side of the cash equation.  The problem with smaller businesses?   They can't afford a top talent CFO, so they end up having a bookkeeper or their account perform those duties.  Th...

How To Stay Safe While Workers Go Remote - Garrett Snelling

August 03, 2020 17:00 - 18 minutes - 12.5 MB

The pandemic has forced business and worker to adjust.   But is this good or bad? While workers are both being forced to work remotely and forcing employers to ALLOW them to work remotely, there have been some eye-opening advantages for both employer and employee.   Less commuting time, more time with the family, productivity is actually getting higher, and employers are starting to re-think how much office space they really need to be paying for. Of course, with all the good, there comes ...

Episode 17 - Using Technology to Grow Your Business - Clint Brinkley

July 23, 2020 15:00 - 24 minutes - 16.6 MB

When most business owners are asked how they feel about their monthly spend on their IT, not many of them are very excited – they look at it as a necessary line item under expenses on their income statements.   Today’s guest may actually change that perception. So our guest is Clint Brinkley, the CEO and founder of Your Business Solutions.    As a highly successful business technology advisor Clint is different - in a good way.   He truly looks at solutions that are designed to help his cli...

Episode 16 - Growing Your Technology Business During a Pandemic - Juan Fernandez

July 11, 2020 21:00 - 34 minutes - 23.9 MB

Businesses have re-opened, restaurants and bars quickly became very busy.   Now they are shutting down all over the country with the Corona Virus cases hitting the 3 million mark.  While the economy appears to be going strong, where do we go from here? One of the industries that has done very well through the pandemic and shows no real signs of letting up is the managed services industry.   In fact, many have become extremely busy trying to help their clients pivot to more of their workforc...

PPE Extension and CARES Act Updates with Patrick Rood

July 08, 2020 02:00 - 43 minutes - 29.8 MB

Many small businesses took advantage of the CARES Act and took PPE loans back in April and May.   Now the PPE loans have been extended.    Is this GOOD news or BAD news for small business and practice owners? This episode features Patrick Rood, of Rood Financial.   Patrick is an international best selling author and an expert in business cash flow planning.   He is also an expert on finding ways to help his clients take advantage of programs - the CARES Act and PPE loans is one of his areas...

How to Make Your Technology Business Sell-able - Adam Borst

June 29, 2020 03:00 - 25 minutes - 17.3 MB

This episode focuses on technology businesses - MSP's, CyberSecurity, and other tech businesses.    Business owners often make mistakes then are later disappointed when they try to sell the business and either can't sell it or it is far less than they were expecting. This episode goes into the M&A process for tech companies as well as what you need to do in order to get top dollar for your business. In this episode, we feature Adam Borst, a partner with Vista Business Group.   Adam specia...

Episode 13 - What it Takes To Have Happy Clients in Business Networking and Security

June 16, 2020 04:00 - 22 minutes - 15.7 MB

This episode is all about keeping small and medium sized businesses up and running as well as keeping their networks safe from attacks. Philip Semplice, a top Managed Service Provider based in Pittsburgh, PA, talks about how to keep clients happy while keeping them protected at the same time. If you are a business or practice owner, you know that there is a difference between firms that watch over your network.   Many don't get the attention they deserve and they feel like they are constan...

Episode 13 - What it Takes To Have Happy Clients in Business Networking and Security

June 16, 2020 04:00 - 22 minutes - 15.7 MB

This episode is all about keeping small and medium sized businesses up and running as well as keeping their networks safe from attacks. Philip Semplice, a top Managed Service Provider based in Pittsburgh, PA, talks about how to keep clients happy while keeping them protected at the same time. If you are a business or practice owner, you know that there is a difference between firms that watch over your network.   Many don't get the attention they deserve and they feel like they are constan...

Episode 12 - How to Lower Your Chance of a Cyber Attack by 80% - Dovell Bonnett

June 13, 2020 02:00 - 27 minutes - 18.7 MB

"It's not the passwords that are insecure, it is the MANAGEMENT of those passwords that is the problem."   Words from our guest in this episode, Dovell Bonnett. Small businesses often disregard the importance of keeping their data safe.   According to our guest, the AVERAGE data breach ends up costing a company over $8 million in lost revenue, fines, attorney costs, and lost customers.   Here's another fact - according to a poll, 70% of IT professionals feel that their companies will be bre...

Employee Covid 19 Stress - Is It Affecting Your Bottom Line?

June 06, 2020 17:00 - 27 minutes - 18.7 MB

Many people are afraid to go back to work because they feel unsafe in their work places.  I recall hearing people who worked at meat packing plants and how scared they were to be shoulder to shoulder with fellow workers and how many Covid cases and deaths were attributed to the meat packing industry.   While our country is greatly improving the Covid numbers, there is still a lot of stressed out people.  Our guest today is a Florida Board-Certified Addictions Professional (CAP); Internation...

Episode 10 - Rem Jackson of Top Practices - What It Takes for Your Podiatry Practice to Prosper

June 01, 2020 02:00 - 40 minutes - 27.9 MB

This episode is dedicated to health care professionals who own their own practices everywhere – especially podiatrists!    You are in a real treat today as our guest is all about helping individual practice owners build up their businesses to prosperity.   And it couldn’t come at a better time since the pandemic has effectively shut down almost every practice out there until now. What will it take to have your podiatry practice get back to profitability and quickly?   That's our discussion ...

Episode 9 - Breakthroughs Require Something to be Broken

May 21, 2020 21:00 - 32 minutes - 22.2 MB

Federal Reserve Chairman, Jerome Powell, gave an interview a couple days back.  He gave a warning that our economy is going to take some time to recover and that he feels unemployment will hit historic levels equal or greater than the Great Depression.  He went on to mention that 40% of people who make under $40,000 annually are now unemployed.   People who were just hired before the pandemic were the first ones to be let go.   Food banks are passing out record levels of food to families who...

The Issues of Getting Medical Practices Back Up and Running

May 13, 2020 04:00 - 30 minutes - 21.3 MB

Healthcare was always an industry that was supposed to be recession proof.   If someone’s foot hurt during a recession, they would still go in and have their foot looked at – pain is a strong motivator!    Today, however, the healthcare industry is terrible shape.   Surgeons are out of work.   Doctors, yes doctors, have been furloughed.   Our specialty as an M&A firm has been physical therapists, podiatrists and gastroenterologists – they haven’t been able to see patients and their practices...

Restarting Our Wounded Medical Facilities

May 13, 2020 04:00 - 30 minutes - 21.3 MB

Healthcare was always an industry that was supposed to be recession proof.   If someone’s foot hurt during a recession, they would still go in and have their foot looked at – pain is a strong motivator!    Today, however, the healthcare industry is terrible shape.   Surgeons are out of work.   Doctors, yes doctors, have been furloughed.   Our specialty as an M&A firm has been physical therapists, podiatrists and gastroenterologists – they haven’t been able to see patients and their practices...

Marketing Must Go On - But How and Why?

May 07, 2020 01:00 - 30 minutes - 20.8 MB

Many businesses are struggling right now and not the usual types of businesses that struggle during recessions.    Hospitals, surgeons, primary care physicians, as well as any business that isn't considered "essential services" is really struggling to stay afloat. Yet, there are some businesses that are advertising like crazy - even thought they can't actually perform their services or even open for business just yet.    So why are some businesses and practices advertising and marketing wh...

Keeping Your Business or Medical Practice From Being Decimated by Cyber Criminals

May 01, 2020 12:00 - 31 minutes - 22 MB

Whether you are a small business owner or manager, medical practice owner, or a large enterprise, you all have something in common besides the obvious effects of the Corona Virus.   Cyber criminals are preying on everyone while our guard is down. Cyber criminals are preying on businesses right now while everyone is focused on staying afloat.   While you are getting funding to keep your businesses alive, you could be devastated later when news gets out that all of your clients data was hacke...

Why Managing Stress is Critical for Controlling Your Business in Chaotic Times - with Fitness Guru Josh Froc

April 27, 2020 04:00 - 26 minutes - 18.3 MB

In today's environment, businesses are either booming or struggling.   No one appears to be doing "business as usual".   At the time of this podcast, over 26 million Americans have lost their jobs due to the Coronavirus and Canada is paying $2,000 per month for all Canadian citizens who have lost their jobs.  It's estimated that the unemployment rate in the US may reach or exceed the unemployment rate during the Great Depression. There is no in-between - business is either booming or it's a...

The Worrisome and Exciting Way Sales is Changing - FAST

April 20, 2020 13:00 - 20 minutes - 13.9 MB

Our society has become more and more dependent upon social distancing and we've also been forced to accept visiting people via Zoom, Hangouts, Facetime, etc.   Schools have shut down and Colleges and Universities are completing their academic years via online instruction.   Doctors are using telemedicine and patients are actually becoming accustomed to seeing their own doctor while they AND their doctor are working from home. Salespeople? As of this podcast date, most salespeople are stuck...

Using the Corona Virus to Spawn Future Success

April 15, 2020 02:00 - 27 minutes - 19.1 MB

Cardiologists are laying off their staff.   Cardiologists???    Healthcare has always been one of those industries that has always been considered "safe" should a recession hit.   Not this time around.   This time, all industries have been affected. But not ALL industries have been NEGATIVELY affected.    This episode features one of those businesses that is thriving.    Our guest is Seth Wiener, the CEO of AmigoDATA.   Seth explains how he took steps years ago to have a business that woul...

How To Come Out Stronger After the Crisis

April 09, 2020 20:00 - 35 minutes - 24.6 MB

Businesses have been turned upside down in the matter of days.   We've never seen anything like this before.   Strong businesses just a couple months ago, are now without their employees and hoping they can survive. This episode is all about the theme - "When Given Lemons - Make Lemonade". Many business owners and their employees are talking about the time it is going to take to get back to "normal".   After every major crisis in history, nothing is ever the same when things get back to "n...

Understanding the CARES Act with John Mollica

April 07, 2020 20:00 - 26 minutes - 18 MB

In this episode, Brad Stoller interviews John Mollica from My Franchise CPA's.   John is an expert on the CARES Act and has helped numerous clients nagivate the 800 page act. John explains what businesses qualify, how you can file and some tips to get through quickly.   He also has some warnings for businesses on what to do and NOT to do in regards to their employees.   These mistakes can be extremely costly when business owners think that the loan will be forgiven. This is a must listen t...