150 episodes

Making Bank - Uncovering the Success Strategies and mindset of the top 1% so you can Amplify and transform your Life and Business.

Making Bank Josh Felber

    • Business

Making Bank - Uncovering the Success Strategies and mindset of the top 1% so you can Amplify and transform your Life and Business.

    • video
    Ice, Ice, Baths! with Jason Stauffer #MakingBank S6E12

    Ice, Ice, Baths! with Jason Stauffer #MakingBank S6E12

    Can ice baths treat autoimmune diseases? For this guest, it did. 


    On this episode of the Making Bank podcast, Jason Stauffer explains how his research and work with ice baths has changed him and his wife Adrienne’s lives forever. Originally working in pharmaceuticals, Jason left when his wife fell sick and wasn’t getting any better despite the drugs she took. He tried intermittent fasting, sleeping outside and ice baths, which changed his life. Within a year of doing ice baths, his wife was off all medications. 


    Now, Jason runs Morozko Forge, which sells the best at-home ice baths on the market. Listen to the episode to hear more about his cool journey.


     


    Listen to Josh and Jason discuss ice baths:


    Jason’s Background in Pharmaceuticals (2:40)


    After receiving his degree, Jason entered into the pharmaceutical world. While he learned a lot and eventually switched to consulting, he saw how the industry treated symptoms, as opposed to finding cures. He also began to see the macro picture of disease, infections and trouble areas. This prompted him to start looking at things differently. 


    A Personal Reason (7:09)


    Around her early thirties, Jason’s wife fell sick, allergic to things she had consumed her whole life, having reactions, and gaining weight. At first doctors didn’t know what was wrong until she was diagnosed with several autoimmune diseases. While she was prescribed medicine, she wasn’t improving. So, Jason decided to do something about it. 


    Anti-Fragile (11:20)


    In his research, Jason came across the idea of “anti-fragile” which is something that becomes stronger under stress. For example, when you work out at the gym, you’re tearing your muscle cells—but when they reform, they do so stronger than before. Applying this to himself, Jason began intermittent fasting, sleeping outside, and eventually, ice baths.


    Ice Baths (15:36)


    After being introduced to ice baths, Jason and his wife found a lot of benefits in the experience. Jason researched ice baths and found that they prompted improvements in white blood cell count, certain motor responses, and thyroid and hormonal regulation.


    Jason’s Ice Bath (20:25)


    After researching ice baths, Jason found most facilities were for athletes or PT centers. He wanted to create an ice bath that would always be ready without him having to buy pounds of ice each week. After a few prototypes in his backyard, he found a solution. After a year of using his ice bath, Jason’s wife was off all medications. 


    How the Business Started (25:50)


    When Jason started selling ice baths, he made a promise: whatever was wrong with the product, he would fix and learn from it. So, as he was shipping out experimental products, he was constantly improving them.


    Why Morozko? (30:13)


    Jason explains why his ice bath differs from everything else on the market in terms of temperature, design and more.


    Communication is Key (36:03)


    In reflecting on his own experience, Jason relays some advice, the first being to communicate constantly. Next, he believes every entrepreneur should ask themselves what problem they are trying to solve. He also emphasizes rephrasing challenges, for example, with a failure, asking what you’ve learned. 


    Links mentioned:


    Making Bank - Website


    https://www.morozkoforge.com/


    https://www.instagram.com/morozkoforge/ 


    https://www.instagram.com/jason_morozko/ 

    • 40 min
    Ice, Ice, Baths! with Jason Stauffer #MakingBank S6E12

    Ice, Ice, Baths! with Jason Stauffer #MakingBank S6E12

    Can ice baths treat autoimmune diseases? For this guest, it did. 


    On this episode of the Making Bank podcast, Jason Stauffer explains how his research and work with ice baths has changed him and his wife Adrienne’s lives forever. Originally working in pharmaceuticals, Jason left when his wife fell sick and wasn’t getting any better despite the drugs she took. He tried intermittent fasting, sleeping outside and ice baths, which changed his life. Within a year of doing ice baths, his wife was off all medications. 


    Now, Jason runs Morozko Forge, which sells the best at-home ice baths on the market. Listen to the episode to hear more about his cool journey.


     


    Listen to Josh and Jason discuss ice baths:


    Jason’s Background in Pharmaceuticals (2:40)


    After receiving his degree, Jason entered into the pharmaceutical world. While he learned a lot and eventually switched to consulting, he saw how the industry treated symptoms, as opposed to finding cures. He also began to see the macro picture of disease, infections and trouble areas. This prompted him to start looking at things differently. 


    A Personal Reason (7:09)


    Around her early thirties, Jason’s wife fell sick, allergic to things she had consumed her whole life, having reactions, and gaining weight. At first doctors didn’t know what was wrong until she was diagnosed with several autoimmune diseases. While she was prescribed medicine, she wasn’t improving. So, Jason decided to do something about it. 


    Anti-Fragile (11:20)


    In his research, Jason came across the idea of “anti-fragile” which is something that becomes stronger under stress. For example, when you work out at the gym, you’re tearing your muscle cells—but when they reform, they do so stronger than before. Applying this to himself, Jason began intermittent fasting, sleeping outside, and eventually, ice baths.


    Ice Baths (15:36)


    After being introduced to ice baths, Jason and his wife found a lot of benefits in the experience. Jason researched ice baths and found that they prompted improvements in white blood cell count, certain motor responses, and thyroid and hormonal regulation.


    Jason’s Ice Bath (20:25)


    After researching ice baths, Jason found most facilities were for athletes or PT centers. He wanted to create an ice bath that would always be ready without him having to buy pounds of ice each week. After a few prototypes in his backyard, he found a solution. After a year of using his ice bath, Jason’s wife was off all medications. 


    How the Business Started (25:50)


    When Jason started selling ice baths, he made a promise: whatever was wrong with the product, he would fix and learn from it. So, as he was shipping out experimental products, he was constantly improving them.


    Why Morozko? (30:13)


    Jason explains why his ice bath differs from everything else on the market in terms of temperature, design and more.


    Communication is Key (36:03)


    In reflecting on his own experience, Jason relays some advice, the first being to communicate constantly. Next, he believes every entrepreneur should ask themselves what problem they are trying to solve. He also emphasizes rephrasing challenges, for example, with a failure, asking what you’ve learned. 


    Links mentioned:


    Making Bank - Website


    https://www.morozkoforge.com/


    https://www.instagram.com/morozkoforge/ 


    https://www.instagram.com/jason_morozko/ 

    • 41 min
    • video
    Protecting Your Privacy and Assets with Jonathan Feniak #MakingBank S6E11

    Protecting Your Privacy and Assets with Jonathan Feniak #MakingBank S6E11

    Is your business protected? Probably not. 


    On this episode of the Making Bank podcast, Jonathan Feniak discusses which states have the best laws for your business. Jonathan explains how Wyoming, Nevada and in some cases Delaware, have the most protection for you as a business owner. Sometimes, a claim goes after the entrepreneur, not the company, and it can really hurt your assets. Listen to this episode to learn how to prepare and protect yourself.   


    Listen to Josh and Jonathan discuss the laws of business:


    Jonathan’s Background (2:19)


    Jonathan gives a brief account of his background, as he earned a JD and MBA. With his experience in wealth management and legal expertise, he helps businesses protect themselves and their assets. 


    Which States are Great for your Business (4:41)


    Jonathan discusses how certain states like Wyoming and Nevada are great for businesses, as their laws focus on protecting the owners. He also compares Delaware, that has laws that protect both business owners and shareholders. 


    Getting the Right Insurance (6:40)


    Giving examples, Jonathan explains the importance of having the right insurance for your business. Not only should you choose the right policy, but it’s also imperative you read through the fine print to make sure all your bases are covered. 


    He also delves into the details on how certain umbrella policies may or may be right for your field of business, such as real estate. 


    Piercing the Veil (9:54)


    Jonathan relays what can sometimes happen when you are not fully insured in an area, but you have a large claim to settle. He calls this “piercing the veil,” when the claim will go after the owners of the company for the liability. The issue with veil piercing laws is that in most states, they tend to leave a lot up to the judges. He explains how to give yourself, as a business owner, another layer of protection. 


    He touches on how Wyoming in particular has strict veil piercing laws that protect the businesses against these claims. 


    Protecting your Privacy (17:31)


    Jonathan covers the ways his firm can protect your privacy as an owner, which is key when running a business. He discusses how different states have different laws about how public information can be and emphasizes the importance of privacy as a way to help yourself if a claim comes about. 


    LLC (20:00)


    Jonathan distinguishes the different rates of forming an LLC in different states. He warns those, especially in California, to be cautious of forming an LLC in that state, as the startup and annual fees are unusually high. 


     


    Links mentioned:


    Making Bank - Website


    https://www.linkedin.com/in/jonathanfeniak/ 


    https://wyomingllcattorney.com/ 

    • 30 min
    Protecting Your Privacy and Assets with Jonathan Feniak #MakingBank S6E11

    Protecting Your Privacy and Assets with Jonathan Feniak #MakingBank S6E11

    Is your business protected? Probably not. 


    On this episode of the Making Bank podcast, Jonathan Feniak discusses which states have the best laws for your business. Jonathan explains how Wyoming, Nevada and in some cases Delaware, have the most protection for you as a business owner. Sometimes, a claim goes after the entrepreneur, not the company, and it can really hurt your assets. Listen to this episode to learn how to prepare and protect yourself.   


    Listen to Josh and Jonathan discuss the laws of business:


    Jonathan’s Background (2:19)


    Jonathan gives a brief account of his background, as he earned a JD and MBA. With his experience in wealth management and legal expertise, he helps businesses protect themselves and their assets. 


    Which States are Great for your Business (4:41)


    Jonathan discusses how certain states like Wyoming and Nevada are great for businesses, as their laws focus on protecting the owners. He also compares Delaware, that has laws that protect both business owners and shareholders. 


    Getting the Right Insurance (6:40)


    Giving examples, Jonathan explains the importance of having the right insurance for your business. Not only should you choose the right policy, but it’s also imperative you read through the fine print to make sure all your bases are covered. 


    He also delves into the details on how certain umbrella policies may or may be right for your field of business, such as real estate. 


    Piercing the Veil (9:54)


    Jonathan relays what can sometimes happen when you are not fully insured in an area, but you have a large claim to settle. He calls this “piercing the veil,” when the claim will go after the owners of the company for the liability. The issue with veil piercing laws is that in most states, they tend to leave a lot up to the judges. He explains how to give yourself, as a business owner, another layer of protection. 


    He touches on how Wyoming in particular has strict veil piercing laws that protect the businesses against these claims. 


    Protecting your Privacy (17:31)


    Jonathan covers the ways his firm can protect your privacy as an owner, which is key when running a business. He discusses how different states have different laws about how public information can be and emphasizes the importance of privacy as a way to help yourself if a claim comes about. 


    LLC (20:00)


    Jonathan distinguishes the different rates of forming an LLC in different states. He warns those, especially in California, to be cautious of forming an LLC in that state, as the startup and annual fees are unusually high. 


     


    Links mentioned:


    Making Bank - Website


    https://www.linkedin.com/in/jonathanfeniak/ 


    https://wyomingllcattorney.com/ 

    • 32 min
    • video
    Why ‘Yes’ Culture is a Big No with Dave McKeown #MakingBank S6E10

    Why ‘Yes’ Culture is a Big No with Dave McKeown #MakingBank S6E10

    Entrepreneurs should say yes to everything, right? Wrong. 


    On this episode of the Making Bank podcast, Dave McKeown discusses his strategies to grow as a leader and a business. With many years of experience, Dave consults companies that struggle to keep up with their growth—or struggle to grow at all. 


    “Say yes now, figure it out later” doesn’t actually work, and Dave explains why. He shares tips on how to involve your team and evolve as a leader. 


     


    Listen to Josh and Dave discuss the Self Evolved Leader:


    Dave’s Background (2:11)


    Entrepreneurship runs in the family. Dave discusses how watching his father own several businesses sparked his interest for the field. As he grew up, Dave worked for his father’s consulting firm, coming to America to do so. 


    Four years ago, Dave stepped out on his own and began his own business. 


    Ignore the Noise (5:02)


    One of the best things that Dave learned from his dad and his own company was to ignore the noise. Instead of politicking his way to success, Dave puts his ego aside to understand what is actually important for a company and how to get there. 


    Sustained and Scalable Success (6:47)


    Say yes now, figure the rest out later! That’s what countless entrepreneurs tell you to do. But does that actually work? Dave chats about the difference between saying yes and scrambling with a company of 20 vs. 2,000. He explains why that system is necessary in the beginning, but detrimental as you grow. 


    Proving the Problem (8:58)


    One of the biggest hurdles that Dave faces when consulting clients is convincing them of a problem. Oftentimes, companies either can’t see what is wrong or place the blame on its people. It can be easy to blame one individual or a group of individuals for issues much larger than them. Instead, Dave encourages companies to view their lack of revenue as a systemic issue that needs fixing. If you fix the system, you fix the problem. 


    The Self-Evolved Leader (11:57)


    Fast doesn’t always mean agile. The “yes” culture may seem exciting and fast, but ultimately, it takes longer. Dave distinguishes how making a quick decision doesn’t make an agile company. Anyone can say yes—but not everyone can deliver. Companies are agile, flexible and fast when they are clear on their roles and can deliver a product as opposed to making a snap decision. 


    Executives of agile companies are what Dave calls self-evolved leaders. These leaders admit to what they don’t know and ask for feedback from their people. When a leader claims with absolute certainty that a path will work, Dave calls these hero leaders. They want to be seen as invincible, even when they aren’t. Self-evolved leaders grow as the company does. 


    Developing Your Team (16:50)


    One of the most important issues Dave touches on is delegation and development of the team. Oftentimes, leaders won’t delegate their work when they could be, or spending the time to help develop their team. However, you interact with your team every day. You may as well teach them and yourself how to be more skilled and efficient. 


    Three Steps (21:51)


    Zooming out, Dave identifies important concepts any leader in any field must follow to find success. He focuses on setting goals with your team, ensuring you give them the correct tools to implement those goals and figuring out your flow. By finding shared, compatible goals, employees will take on more accountability at work


     


    Links mentioned:


    Making Bank - Website


     


    https://www.selfevolvedleader.com/ 


    https://www.davemckeown.com/

    • 27 min
    Why ‘Yes’ Culture is a Big No with Dave McKeown #MakingBank S6E10

    Why ‘Yes’ Culture is a Big No with Dave McKeown #MakingBank S6E10

    Entrepreneurs should say yes to everything, right? Wrong. 


    On this episode of the Making Bank podcast, Dave McKeown discusses his strategies to grow as a leader and a business. With many years of experience, Dave consults companies that struggle to keep up with their growth—or struggle to grow at all. 


    “Say yes now, figure it out later” doesn’t actually work, and Dave explains why. He shares tips on how to involve your team and evolve as a leader. 


     


    Listen to Josh and Dave discuss the Self Evolved Leader:


    Dave’s Background (2:11)


    Entrepreneurship runs in the family. Dave discusses how watching his father own several businesses sparked his interest for the field. As he grew up, Dave worked for his father’s consulting firm, coming to America to do so. 


    Four years ago, Dave stepped out on his own and began his own business. 


    Ignore the Noise (5:02)


    One of the best things that Dave learned from his dad and his own company was to ignore the noise. Instead of politicking his way to success, Dave puts his ego aside to understand what is actually important for a company and how to get there. 


    Sustained and Scalable Success (6:47)


    Say yes now, figure the rest out later! That’s what countless entrepreneurs tell you to do. But does that actually work? Dave chats about the difference between saying yes and scrambling with a company of 20 vs. 2,000. He explains why that system is necessary in the beginning, but detrimental as you grow. 


    Proving the Problem (8:58)


    One of the biggest hurdles that Dave faces when consulting clients is convincing them of a problem. Oftentimes, companies either can’t see what is wrong or place the blame on its people. It can be easy to blame one individual or a group of individuals for issues much larger than them. Instead, Dave encourages companies to view their lack of revenue as a systemic issue that needs fixing. If you fix the system, you fix the problem. 


    The Self-Evolved Leader (11:57)


    Fast doesn’t always mean agile. The “yes” culture may seem exciting and fast, but ultimately, it takes longer. Dave distinguishes how making a quick decision doesn’t make an agile company. Anyone can say yes—but not everyone can deliver. Companies are agile, flexible and fast when they are clear on their roles and can deliver a product as opposed to making a snap decision. 


    Executives of agile companies are what Dave calls self-evolved leaders. These leaders admit to what they don’t know and ask for feedback from their people. When a leader claims with absolute certainty that a path will work, Dave calls these hero leaders. They want to be seen as invincible, even when they aren’t. Self-evolved leaders grow as the company does. 


    Developing Your Team (16:50)


    One of the most important issues Dave touches on is delegation and development of the team. Oftentimes, leaders won’t delegate their work when they could be, or spending the time to help develop their team. However, you interact with your team every day. You may as well teach them and yourself how to be more skilled and efficient. 


    Three Steps (21:51)


    Zooming out, Dave identifies important concepts any leader in any field must follow to find success. He focuses on setting goals with your team, ensuring you give them the correct tools to implement those goals and figuring out your flow. By finding shared, compatible goals, employees will take on more accountability at work


     


    Links mentioned:


    Making Bank - Website


     


    https://www.selfevolvedleader.com/ 


    https://www.davemckeown.com/

    • 29 min

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