Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

86. Roland Frasier — The Secret to Scale: How to Grow Your Business

86. Roland Frasier — The Secret to Scale: How to Grow Your Business

FromThe Game Changing Attorney Podcast with Michael Mogill


86. Roland Frasier — The Secret to Scale: How to Grow Your Business

FromThe Game Changing Attorney Podcast with Michael Mogill

ratings:
Length:
53 minutes
Released:
Nov 30, 2021
Format:
Podcast episode

Description

"It's short-term versus long-term. If you're in it for the money, you're going to make short-term financial decisions that will ultimately cause the business to suffer in the longer term" - Roland Frasier

What gives a business potential for success?

How will the legal industry change with outside money coming in?

What do “seller finance” and “earn out” mean?

How can leaders keep up with market trends?

Why is it important to focus on long-term goals?

Life of a Salesman
From magic shows and lemonade stands to multi-million dollar business deals, serial entrepreneur Roland Frasier has been a salesman his whole life. As co-founder and principal of five different businesses listed on Inc. Magazine’s list of fastest-growing companies, as well as CEO of the All Channel Media company, Roland has bought or sold businesses with adjusted sales ranging from $3 million to just under $4 billion.
Roland has worked across a multitude of industries, from software technology to airline management. With a skill set that includes copywriting, strategic marketing, and negotiating, Roland has the expertise to evaluate potential, increase value, and get strong return on a business.
In the art of the deal, Roland's the artist.
Joining Forces
For Roland, if the question is "How do I grow my business?" there's a clear answer: acquisitions.
"I don't think there's anything that you're looking for in terms of growth and scale that you can't get through acquisition. I think that's the fastest way to do it. You literally double your business overnight."
If you have the capital, acquisition can be an unorthodox way to solve any number of problems. Want to grow your caseload or market share? Acquire a competitor. Looking for talent? Join forces with another firm's lawyers. Need to develop software? Find a company that has a dev team in place.
The way Roland sees it is simple: You have problems. They have solutions, and this is a proven way to get access to them.
Have a Heart: Empathy and Growth
Roland doesn't subscribe to the cutthroat, zero-sum school of business. In fact, his success is keyed by some pretty compassionate competencies. "Empathy and creativity are really some of the most important skills. Empathy allows you to put yourself in the shoes of your customer or your employee, and creativity allows you to draw on untraditional solutions to the problems that they face."
Roland says that strong employee relationships are key to both workplace communication and morale. He values the "happiness and satisfaction level" of his workers and thinks that businesses that ignore employee well-being are destined to stagnate.
Key takeaways:


Bigger picture: Understand your long-term goals and execute them correctly.


Empathize: Bring a human touch to your work practices, and apply that to those around you.


Up-to-date: To stay on top of your game, stay in-tune with the market and trends.

Links and Resources

The Game Changing Attorney Podcast

Michael Mogill Facebook

Michael Mogill Twitter

Michael Mogill Instagram

Michael Mogill LinkedIn

Crisp Website

Crisp Facebook

Crisp Twitter

Crisp Instagram

Crisp LinkedIn

Roland Frasier Website

Roland Frasier LinkedIn

Roland Frasier Twitter

Zero Down - Book Website
Released:
Nov 30, 2021
Format:
Podcast episode

Titles in the series (100)

How can you become a game changer?Michael Mogill, Founder and CEO of Crisp, has used his mastery of marketing for lawyers to grow his company to an 8-figure powerhouse. In just a few years, Crisp has helped thousands of attorneys adapt to the new legal landscape, differentiate themselves from the competition and earn millions in new revenue.In every episode, you’ll hear from law firm entrepreneurs and market leaders — people who flourish in the face of adversity, challenge the status quo and define what it means to be a game changer.We investigate success stories and business growth and scalability strategies that can help you attract your ideal clients. Plus, discover hidden insights and actionable advice on how company culture and employee engagement, marketing and advertising, and management and hiring fit into the big picture.What do all our guests have in common? These successful attorneys and business owners prove that the key to innovation is a game-changing mindset.If you want to run your law firm like an entrepreneur, achieve a greater ROI, and build a world-class organization that stands the test of time, then you’re in good company.Subscribe to the Game Changing Attorney Podcast and get ready to take your business to the next level.For more information, visit https://www.crispvideo.com/podcast/