261 episodes

Building My Legacy Podcast examines how leaders build legacy. The podcast will encourage, stimulate, challenge and motivate you as leaders to effectively Build Your Legacy.

Building My Legacy Lois Sonstegard, PhD

    • Business
    • 5.0 • 18 Ratings

Building My Legacy Podcast examines how leaders build legacy. The podcast will encourage, stimulate, challenge and motivate you as leaders to effectively Build Your Legacy.

    Episode 261-Paul Spradling on Selling or Getting Funding for Your Business with Lois Sonstegard,PHD

    Episode 261-Paul Spradling on Selling or Getting Funding for Your Business with Lois Sonstegard,PHD

    Welcome to Episode 261 of Building My Legacy.

    Paul Spradling is the co-founder of Pacifica Advisors, which was named one of the top 25 investment banks in 2022 by Axial, the largest online platform for buying, selling, advising and financing private companies. Paul’s company works with small to medium-sized businesses, helping owners sell their businesses and, for those looking to grow, find capital investors.
    In this podcast Paul talks about exit strategies and new funding options for businesses. He understands the emotional connection owners have to their businesses. His advice will be helpful for business owners contemplating retirement as well as those who see growth opportunities and may want to take on an investor who will provide funding in exchange for a non-controlling interest.

    So if you want to know:
    Five tips for owners who are thinking about selling their businessThe biggest mistake owners can make in exiting a businessAbout the differences between private equity and venture capitalAbout “search funds” and when it makes sense to consider this new funding alternativeThe importance of knowing “what comes next” after you sell your business
    About Paul Spradling

    The co-founder of Pacifica Advisors, Paul Spradling has helped hundreds of businesses exit and attract growth capital investors. A graduate of Cornell University, Paul raised more than $350 million in capital before the age of 30 and has worked with Blackstone, Goldman Sachs and other large names in the industry. With his business partner, a corporate finance professor, Paul established Pacifica Advisors to focus on lower middle market companies and today works with companies with an EBITDA from $1.5 to $25 million. By concentrating on this largely ignored market, Pacifica Advisors has grown and was named one of the top 25 investment banks in 2022 by Axial. More information is available on his company website, www.pacificaadvisors.com

    About Lois Sonstegard, PhD

    Working with business leaders for more than 30 years, Lois has learned that successful leaders have a passion to leave a meaningful legacy. Leaders often ask: When does one begin to think about legacy? Is there a “best” approach? Is there a process or steps one should follow?

    Lois is dedicated not only to developing leaders but to helping them build a meaningful legacy. Learn more about how Lois can help your organization with Leadership Consulting and Executive Coaching:
    https://build2morrow.com/

    Thanks for Tuning In!

    Thanks so much for being with us this week. Have some feedback you’d like to share? Please leave a note in the comments section below!

    If you enjoyed this episode, please share it with your friends by using the social media buttons you see at the bottom of the post.

    Don’t forget to subscribe to the show on iTunes to get automatic episode updates.

    And, finally, please take a minute to leave us an honest review and rating on iTunes. They really help us out when it comes to the ranking of the show, and I make it a point to read every single one of the reviews we get.

    Please leave a review right now. Thanks for listening!



    Building My Legacy
    https://businessinnovatorsradio.com/building-my-legacy/

    Source: https://businessinnovatorsradio.com/episode-261-paul-spradling-on-selling-or-getting-funding-for-your-business-with-lois-sonstegardphd

    • 31 min
    Episode 260-Tim Miner on the AI Revolution and the Opportunities It Presents with Lois Sonstegard,PHD

    Episode 260-Tim Miner on the AI Revolution and the Opportunities It Presents with Lois Sonstegard,PHD

    Welcome to Episode 260 of Building My Legacy.

    Artificial intelligence — or AI — is one of the hottest and most controversial topics today. Will it lead to disinformation? Cost us jobs? Or cause us to lose control? In this podcast AI strategist and consultant Tim Miner, president of By The People Technologies, talks about the risks AI presents but, more importantly, how we can turn those risks into opportunities for individuals and organizations to grow. Tim explains how, because AI represents a real fundamental change in the way humans interact with computers, it revolutionizes what computers can do for us. Using ChatGPT as an example, he explores in depth how this AI chatbot can turn learning into a completely interactive function.

    So if you want to know:

    – How to guard against disinformation and use AI to help you find the truth

    – Why we shouldn’t worry that AI will cause humans to lose control

    – The real impact AI will have on labor

    – How to use ChatGPT to learn skills for a new job

    – How ChatGPT can help you build value in your communication


    About Tim Miner

    Tim Miner is the president of By The People Technologies, which helps clients achieve digital transformation through innovative AI-based solutions. An experienced AI strategist and consultant, Tim understands the need for organizations to set achievable goals for successful AI integration, and he empowers management teams to leverage AI to stay ahead in their industry. He has held leadership roles at Salesforce, IBM and Tact.ai and is a visiting professor at Pratt Institute, teaching how to build AI into design thinking. More information is available at his company’s website, https://bythepeople.tech/

    About Lois Sonstegard, PhD

    Working with business leaders for more than 30 years, Lois has learned that successful leaders have a passion to leave a meaningful legacy. Leaders often ask: When does one begin to think about legacy? Is there a “best” approach? Is there a process or steps one should follow?

    Lois is dedicated not only to developing leaders but to helping them build a meaningful legacy. Learn more about how Lois can help your organization with Leadership Consulting and Executive Coaching:
    https://build2morrow.com/

    Thanks for Tuning In!

    Thanks so much for being with us this week. Have some feedback you’d like to share? Please leave a note in the comments section below!

    If you enjoyed this episode, please share it with your friends by using the social media buttons you see at the bottom of the post.

    Don’t forget to subscribe to the show on iTunes to get automatic episode updates.

    And, finally, please take a minute to leave us an honest review and rating on iTunes. They really help us out when it comes to the ranking of the show, and I make it a point to read every single one of the reviews we get.

    Please leave a review right now. Thanks for listening!

    Building My Legacy
    https://businessinnovatorsradio.com/building-my-legacy/

    Source: https://businessinnovatorsradio.com/episode-260-tim-miner-on-the-ai-revolution-and-the-opportunities-it-presents-with-lois-sonstegardphd

    • 33 min
    Episode 259-Tim Lupinacci on His Leadership Journey with Lois Sonstegard,PHD

    Episode 259-Tim Lupinacci on His Leadership Journey with Lois Sonstegard,PHD

    Tim Lupinacci is a self-professed “leadership junkie.” As the CEO of Baker Donelson, one of the 100 largest law firms in the country, he leads more than 1,300 individuals in 22 offices across the Southeastern U.S. In this podcast, Tim talks about his own leadership journey, which began 30 years ago when a significant error brought a forceful reprimand from his boss. Tim’s experience has much to teach us about hard work, being curious, learning from mistakes and trying novel ideas. A student of leadership, Tim understands that everyone leads regardless of their title or position. He also recognizes that people like to talk about themselves, and he uses this knowledge to listen to his employees’ advice to learn how he can get better.

    So if you want to know:
    The secret to working effectively with big egosHow “table diplomacy” can help you get to know individuals and what is driving their passionWhy it’s so important to listen to your employees and, when they provide good ideas, acting on their adviceThe importance of building confidence in your teamThe difference between mentorship and sponsorship — and why it makes sense to invest in people from diverse backgroundsAbout Tim Lupinacci

    As a young lawyer starting out in commercial restructuring and bankruptcy, Tim Lupinacci made a serious error that resulted in a loud, public reprimand from his boss. Fortunately, soon after that, the boss explained that his reaction resulted because he saw something in Tim that led him to believe Tim could become a leader. This encouraged Tim to step up to own his work, career and ambitions. Now Tim is the CEO and chair of Baker Donelson, one of the 100 largest law firms in the country. He has led the firm through significant organizational change, growth and the global pandemic as well as its five-year BakerVision 2028 strategy and the execution of its Diversity & Inclusion Compact. Tim also recently launched Everybody Leads, a non-profit that focuses on empowering individuals in underserved communities with basic leadership skills and confidence to lead themselves, others and the community. More information about Tim and his company is available at his company’s website, www.BakerDonelson.com

    About Lois Sonstegard, PhD

    Working with business leaders for more than 30 years, Lois has learned that successful leaders have a passion to leave a meaningful legacy. Leaders often ask: When does one begin to think about legacy? Is there a “best” approach? Is there a process or steps one should follow?

    Lois is dedicated not only to developing leaders but to helping them build a meaningful legacy. Learn more about how Lois can help your organization with Leadership Consulting and Executive Coaching:
    https://build2morrow.com/

    Thanks for Tuning In!

    Thanks so much for being with us this week. Have some feedback you’d like to share? Please leave a note in the comments section below!

    If you enjoyed this episode, please share it with your friends by using the social media buttons you see at the bottom of the post.

    Don’t forget to subscribe to the show on iTunes to get automatic episode updates.

    And, finally, please take a minute to leave us an honest review and rating on iTunes. They really help us out when it comes to the ranking of the show, and I make it a point to read every single one of the reviews we get.

    Please leave a review right now. Thanks for listening!

    Building My Legacy
    https://businessinnovatorsradio.com/building-my-legacy/

    Source:...

    • 35 min
    Episode 258-Why Neil Mirchandani Doesn’t Want to be the Smartest Person in the Room with Lois Sonstegard,PHD

    Episode 258-Why Neil Mirchandani Doesn’t Want to be the Smartest Person in the Room with Lois Sonstegard,PHD

    What does it take to hire the right people, manage them effectively and keep good employees? In this podcast, Neil Mirchandani, founder and CEO of LLL Event Furnishings & Rentals, explores these critical topics. Neil’s company manages events and provides furnishings for film sets, music videos, sporting, corporate and other large events. He shares with us how he grew his company and what he does to hire and retain the best employees. Hint: It has to do with setting aside your ego and empowering the team around you … as well as “bonusing” employees in creative ways.

    So if you want to know:
    The top three things to look for when hiring employeesHow hard work and patience eventually pay offAbout the importance of knowing when to pivot — before you’re forced into making a bad decisionHow, if you want to do something excellent, you have to do something differentWhy it’s important to take the next step — even if you don’t feel that you’reAbout Neil Mirchandani

    After Neil Mirchandani turned 30, he realized that he needed to do more than DJ at weddings. He wanted to use this experience to expand into a business where he wouldn’t be needed personally. Starting with two sofas, he began renting furniture and lighting to his clients and eventually grew his business, LLL Event Furnishings & Rentals, into the number one furnishing provider in the South for film sets, music videos, sporting, corporate and other events. Neil has worked with everyone from Sir Elton John to the NFL on parties after The Big Game. More information about his company is available at https://luxuryloungeatl.com.

    About Lois Sonstegard, PhD

    Working with business leaders for more than 30 years, Lois has learned that successful leaders have a passion to leave a meaningful legacy. Leaders often ask: When does one begin to think about legacy? Is there a “best” approach? Is there a process or steps one should follow?

    Lois is dedicated not only to developing leaders but to helping them build a meaningful legacy. Learn more about how Lois can help your organization with Leadership Consulting and Executive Coaching:
    https://build2morrow.com/

    Thanks for Tuning In!

    Thanks so much for being with us this week. Have some feedback you’d like to share? Please leave a note in the comments section below!

    If you enjoyed this episode, please share it with your friends by using the social media buttons you see at the bottom of the post.

    Don’t forget to subscribe to the show on iTunes to get automatic episode updates.

    And, finally, please take a minute to leave us an honest review and rating on iTunes. They really help us out when it comes to the ranking of the show, and I make it a point to read every single one of the reviews we get.

    Please leave a review right now. Thanks for listening!



    Building My Legacy
    https://businessinnovatorsradio.com/building-my-legacy/

    Source: https://businessinnovatorsradio.com/episode-258-why-neil-mirchandani-doesnt-want-to-be-the-smartest-person-in-the-room-with-lois-sonstegardphd

    • 32 min
    Episode 257-Mark Slabaugh on Building Teams by Listening with Lois Sonstegard,PHD

    Episode 257-Mark Slabaugh on Building Teams by Listening with Lois Sonstegard,PHD

    Welcome to Episode 257 of Building My Legacy.

    In this podcast we talk with Mark Slabaugh whose company, Slabaugh Coaching, specializes in coaching teams, particularly those in the nonprofit arena. Mark believes that, to accomplish what seems to be an insurmountable goal — such as a nonprofit that needs to raise $10 million — it takes a team, effective communication and a leader who can inspire that team to go forward.

    A student of teams, Mark is mindful of how leaders communicate as well as the importance of building trust. Ask your team questions, he advises, and then take the time to listen to what team members have to say.

    So if you want to know:

    – About the importance for leaders to invest in relationships
    – Why, for a leader, it’s not about being interesting as much as it is about being interested — in their team members and what they’re doing
    – How leaders need to be people-focused rather than task-focused
    – Why visionaries also need to look back and make sure everybody is coming with them
    – How effective communications — in which you eliminate the noise and have a crystal clear vision — can help your team stay focused


    About Mark Slabaugh

    Mark Slabaugh is a Certified Pinnacle Business Guide and executive coach. His company, Slabaugh Coaching, helps entrepreneurs and their leadership teams grow faster than they ever thought possible. Mark came out of the ministry where, as a pastor, he found himself constantly recruiting to build teams of volunteers to take on different initiatives. That background prepared him to help others leverage their skills for their teams, building on the five business pinnacles: people, purpose, playbook, performance and profits. More information is available at his website, https://slabaughcoaching.com

    About Lois Sonstegard, PhD

    Working with business leaders for more than 30 years, Lois has learned that successful leaders have a passion to leave a meaningful legacy. Leaders often ask: When does one begin to think about legacy? Is there a “best” approach? Is there a process or steps one should follow?

    Lois is dedicated not only to developing leaders but to helping them build a meaningful legacy. Learn more about how Lois can help your organization with Leadership Consulting and Executive Coaching:
    https://build2morrow.com/

    Thanks for Tuning In!

    Thanks so much for being with us this week. Have some feedback you’d like to share? Please leave a note in the comments section below!

    If you enjoyed this episode, please share it with your friends by using the social media buttons you see at the bottom of the post.

    Don’t forget to subscribe to the show on iTunes to get automatic episode updates.

    And, finally, please take a minute to leave us an honest review and rating on iTunes. They really help us out when it comes to the ranking of the show, and I make it a point to read every single one of the reviews we get.

    Please leave a review right now. Thanks for listening!

    Building My Legacy
    https://businessinnovatorsradio.com/building-my-legacy/

    Source: https://businessinnovatorsradio.com/episode-257-mark-slabaugh-on-building-teams-by-listening-with-lois-sonstegardphd

    • 32 min
    Episode 256-Christopher Skinner on Choosing Leaders to Keep Great Companies Great with Lois Sonstegard,PHD

    Episode 256-Christopher Skinner on Choosing Leaders to Keep Great Companies Great with Lois Sonstegard,PHD

    Welcome to Episode 256 of Building My Legacy.

    Imagine if you could choose company leaders who you know would improve the financial performance of your business. In this podcast, Christopher Skinner talks about what he’s discovered about how a company’s stock price correlates with leadership behavior. Based on the widely accepted theory of seven different mindsets, he has found a way to analyze word patterns to uncover how people think and arrive at decisions.

    Christopher founded Stealth Dog Labs to answer one fundamental question: Why do great businesses stay great? His work can help you discover your top performers, innovators and next leaders so you can make better choices for board of director members and your leadership team as well as allocate your resources more effectively.

    So if you want to know:
    About a new way to look at hiring, developing and promoting employeesHow, when you acknowledge that people matter, it changes how you do thingsHow mindset is more important than resume for board of director membersWhy it’s important to look at the entire ecosystem if you want the right leadership for your organizationAbout Christopher Skinner

    Christopher Skinner, the founder and CEO of Stealth Dog Labs, is a mathematician and neuropsychologist. With expertise in technology, sales and marketing, Christopher invented proprietary software that quantifies how people think — thus catapulting companies into hyperdrive. This software focuses on the business ecosystem to provide a psychological paradigm shift in how data are culled from customers, vendors and employees, making it possible to help companies expand much faster and more confidently than ever before. More information on Stealth Dog Labs is available at the company website, www.stealthdog.com. Christopher can be found on LinkedIn at www.linkedin.com/in/christopherjskinner

    About Lois Sonstegard, PhD

    Working with business leaders for more than 30 years, Lois has learned that successful leaders have a passion to leave a meaningful legacy. Leaders often ask: When does one begin to think about legacy? Is there a “best” approach? Is there a process or steps one should follow?

    Lois is dedicated not only to developing leaders but to helping them build a meaningful legacy. Learn more about how Lois can help your organization with Leadership Consulting and Executive Coaching:
    https://build2morrow.com/

    Thanks for Tuning In!

    Thanks so much for being with us this week. Have some feedback you’d like to share? Please leave a note in the comments section below!

    If you enjoyed this episode, please share it with your friends by using the social media buttons you see at the bottom of the post.

    Don’t forget to subscribe to the show on iTunes to get automatic episode updates.

    And, finally, please take a minute to leave us an honest review and rating on iTunes. They really help us out when it comes to the ranking of the show, and I make it a point to read every single one of the reviews we get.

    Please leave a review right now. Thanks for listening!

    Building My Legacy
    https://businessinnovatorsradio.com/building-my-legacy/

    Source: a href="https://businessinnovatorsradio.com/episode-256-christopher-skinner-on-choosing-leaders-to-keep-great-companies-great-with-lois-sonstegardphd" target="_blank" rel="noreferrer...

    • 35 min

Customer Reviews

5.0 out of 5
18 Ratings

18 Ratings

Winecheesequichelady21 ,

ROI on your employees - brilliant advice from guest Danielle

This was an insightful episode for me and really for any business owner.

We understand the importance of our sales team performing, but really every person in the company is contributing to the fiscal success of the organization.

Great advice Danielle.

WorkingMomOC ,

Have a Shadow Day for candidates

What a great idea, to have a Shadow Day for candidates that you are pursuing. It gives not only you, but the candidate an idea to if they would be a good fit with the company, without a large investment. Every company should do this.

BizownerX3 ,

I never thought of it that way!

Hello Lois:

Enjoyed your episode with Danielle Mulvey (#228) and your discussion about dealing with an inflated payroll.

If I could find, as she said, better, more responsible employees - I could reduce my payroll because I can move the non-performers out - I would have less employees to deal with which equals less payroll and benefits!

What entrepreneur doesn’t want that!

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