27 episodes

P&L (Priorities and Lifestyle) Podcast with Rob Schulz is a show for business owners. Join us as host and financial planner Rob Schulz connects with business owners and experts to talk about business building, life, money — and the all-important transition out of the business, which is a challenge and an opportunity for everyone who steps on this path.

See our disclosures here - https://www.schulzwealth.com/

P&L: Priorities & Lifestyle Rob Schulz

    • Business

P&L (Priorities and Lifestyle) Podcast with Rob Schulz is a show for business owners. Join us as host and financial planner Rob Schulz connects with business owners and experts to talk about business building, life, money — and the all-important transition out of the business, which is a challenge and an opportunity for everyone who steps on this path.

See our disclosures here - https://www.schulzwealth.com/

    Mentoring Your Career and Humanity with Burt Hicks

    Mentoring Your Career and Humanity with Burt Hicks

    Burt Hicks is the President and Chief Strategy and Growth Officer at Encore Bank, a private boutique bank that provides a full suite of financial products and services with a commercial focus on businesses, owners, professionals, and their families. As Chief Strategy and Growth Officer, Burt’s specialties and responsibilities include strategic and financial planning, change management, mergers and acquisitions, investor relations, and risk management. Before joining Encore Bank, Burt worked at Simmons Bank as their Director of Mortgage Banking.
    Burt joins me today to discuss the importance of finding a mentor who imparts wisdom as a professional and human being. He shares what sets Encore Bank apart from other companies and how they uphold an employee-ownership mentality. He describes his takeaways from working in investment banking and how he applies them in his current career. Burt also explains how the pandemic changed what is essential to their consumers.
     
    "It's important when you're young to have a mentor who isn't just focused on your career, but also on you as a human." - Burt Hicks
     
    This week on Priorities Lifestyle:
    The number of markets Burt's company is working in Their team composition and what sets them apart from other banks Establishing an employee-ownership mentality How they manage to have employees who are 6-digit investors Why semantics matter in their organization How technology has allowed them to hire top-level people What Burt learned in investment banking that he applies today The people who heavily influenced Burt's career Why mentorship is more than just a focus on career What you can give back to your mentors Learning what is valuable from the perspective of a buyer Why every business owner should always have an exit in mind How the pandemic affected the way Burt does business The long-lasting effects of the pandemic on what consumers value


    Our Favorite Quotes:
     
    "You don't have to do things differently, but you have to be willing to think about doing things differently." - Burt Hicks When you get to be my age, people really do want to help. If you don't ask, it's never going to happen." - Rob Schulz "There's always going to be some type of exit. None of us live forever. Always having an exit in mind is good business." - Rob Schulz  
     
    Connect with Burt Hicks:
    Encore Bank Burt Hicks on LinkedIn Email: burt.hicks@bankencore.com  
    About Rob Schulz and P&L Podcast
    The P&L Podcast is a show for business owners. In each episode, host and financial planner Rob Schulz sits down with business owners and the professionals that serve them to talk about business building, life, money — and the all-important transition out of the business, which inevitably happens to everyone who has ever founded a company. 
     
    Email Rob at rob.schulz@schulzwealth.com with questions, comments, and to schedule a one-on-one conversation. 
     
    Follow Rob on LinkedIn.
    Follow Schulz Wealth on Facebook
     
    Order Rob’s book, Thoughts on Things Financial, on Amazon | Barnes & Noble | Kobo | iBooks | Kindle
     
    Subscribe here:
    Apple Podcast 
    Spotify
    Google Podcasts
    Stitcher
    Audible 
     
    And, if you enjoy the show, please leave a review on iTunes to help others discover the podcast.

    • 50 min
    Building an Efficient HR Team with Jennilee Autry

    Building an Efficient HR Team with Jennilee Autry

    Jennilee Autry is the HCM Account Executive at Paylocity, a product suite built for both HR and Payroll solutions and designed for the employee experience. As the company’s HCM Account Executive, Jennilee incorporates a consultative approach to the company’s sales technique, is capable of finding promising prospects, and is persistent without being pushy. Before joining Paylocity, Jennilee was a Senior Solutions Consultant for Oracle.
    Jennilee joins me today to discuss all things related to HR. She describes her role at Paylocity and shares why having an HR team is a must for any organization, big or small. She outlines the process of finding the right HR team and explains what owners should look for when hiring an HR manager. She discusses why employees form unions and how it doesn’t always mean they don’t like the company. Jennilee also describes how the pandemic affected her family and what they’ve done to move forward.
     
    "If you want to attract a modern worker, you need a modern process." - Jennilee Autry
     
    This week on Priorities Lifestyle:
    Jennilee's role and responsibilities in Paylocity Why HR is a necessity HR best practices from the angle of payroll and outsourcing Hiring the right HR team and why word of mouth is the best resource What business owners should look for in an HR manager How having a good HR team can translate to better customer service and higher profits Jennilee's advice for attracting younger employees The risks attached to becoming an HR person Why the HR file is the most crucial file at your disposal HR systems and tools and how they can optimize your HR department Being proactive if an employee is at risk of leaving your company The number one reason employees unionize How Jennilee's family was affected by Covid-19  
    Our Favorite Quotes:
    "Employers wanting to do better for their employees is a great trend and I hope it continues." - Jennilee Autry "We talk to business owners: the employee is such an important part of their success. Only the good ones recognize that." - Rob Schulz  "Hierarchy in the workforce today needs to go away." - Rob Schulz   
    Connect with Jennilee Autry:
    Paylocity Jennilee Autry on LinkedIn Phone: (817) 403 8070  
    About Rob Schulz and P&L Podcast
    The P&L Podcast is a show for business owners. In each episode, host and financial planner Rob Schulz sits down with business owners and the professionals that serve them to talk about business building, life, money — and the all-important transition out of the business, which inevitably happens to everyone who has ever founded a company. 
     
    Email Rob at rob.schulz@schulzwealth.com with questions, comments, and to schedule a one-on-one conversation. 
     
    Follow Rob on LinkedIn.
    Follow Schulz Wealth on Facebook
     
    Order Rob’s book, Thoughts on Things Financial, on Amazon | Barnes & Noble | Kobo | iBooks | Kindle
     
    Subscribe here:
    Apple Podcast 
    Spotify
    Google Podcasts
    Stitcher
    Audible 
     
    And, if you enjoy the show, please leave a review on iTunes to help others discover the podcast.

    • 53 min
    Never Stop Planning Your Finances with Kevin Kennedy

    Never Stop Planning Your Finances with Kevin Kennedy

    Kevin Kennedy is the President of Kennedy Wealth and Tax Management, a financial business founded in 1995. Their team of retirement specialists provides investment advising and consultation to clients with assets over $1 million. Their services include tax management and financial planning with a focus on retirement. Kevin started the company because he wanted to offer unbiased investment offerings to help clients secure their financial future.
    Kevin joins me today to explain why financial planning should be ongoing and must be ironed out by the time you’re 62. He recalls how we met in 2008 and our goals back when we started our companies. He discusses how to properly design your financial goals and what your CPA should bring to the table. Kevin also describes why clients who communicate regularly are easier to work with than those who only meet with us once a year.
     
    “It's not a financial plan, it's financial planning. It's on an ongoing, modular basis.” - Kevin Kennedy
     
    This week on Priorities Lifestyle:
    When Kevin and I met in 2008 and where we were in from a financial perspective The types of people who should make up your team Devising your business plan and the right mental approach Hiring a CPA for wealth management and tax planning Rearranging furniture from a tax standpoint Why it's better to communicate with a client frequently than seldomly Keeping a tight relationship with your wealth management person The quality of financial education in the US  
    Resources Mentioned:
    Book: Thoughts on Things Financial: Your Guide To A Chaotic Money World by Rob Schulz  
    Our Favorite Quotes:
     
    "If you stopped and worried about what potentially could go wrong, you'd never do it." - Kevin Kennedy "The best clients are the ones engaging on an ongoing basis." - Rob Schulz "There's a whole slew of Americans living paycheck to paycheck. It's not an income problem; it's an expense problem." - Rob Schulz  
     
    Connect with Kevin Kennedy:
    Kennedy Wealth Kevin Kennedy on LinkedIn Phone: (203) 264 1200  
    About Rob Schulz and P&L Podcast
    The P&L Podcast is a show for business owners. In each episode, host and financial planner Rob Schulz sits down with business owners and the professionals that serve them to talk about business building, life, money — and the all-important transition out of the business, which inevitably happens to everyone who has ever founded a company. 
     
    Email Rob at rob.schulz@schulzwealth.com with questions, comments, and to schedule a one-on-one conversation. 
     
    Follow Rob on LinkedIn.
    Follow Schulz Wealth on Facebook
     
    Order Rob’s book, Thoughts on Things Financial, on Amazon | Barnes & Noble | Kobo | iBooks | Kindle
     
    Subscribe here:
    Apple Podcast 
    Spotify
    Google Podcasts
    Stitcher
    Audible 
     
    And, if you enjoy the show, please leave a review on iTunes to help others discover the podcast.

    • 50 min
    Running Everything on the Cloud with Kelly Herrod

    Running Everything on the Cloud with Kelly Herrod

    Kelly Herrod is the Owner and President of Herrod Technology (Herrod Tech). Herrod Tech is an information technology and services company that supports businesses by managing their IT, including cloud computing services. Their clients include law firms, oil and gas companies, architects and engineers, churches, and nonprofits. As President, Kelly oversees the day-to-day activities of Herrod Tech.
    Kelly joins me today to discuss why the last two years have been helpful to Herrod Tech due to cloud computing. He describes being in a peer group among other business owners, the topics they discuss, and how they help each other. He explains how cloud computing saves money and time for both clients and owners. Kelly also describes the importance of working on the business and how to get to that stage.
     
    "The nice thing about being in the cloud is you can work from anywhere." - Kelly Herrod
     
    This week on Priorities Lifestyle:
    About Kelly: his hobbies and his profession Being in a peer group of business owners Honesty in a peer group and asking the tough questions How Kelly's business peers help each other What Kelly has learned since joining a peer group How Covid-19 affected Kelly's business How the cloud saves money Why Covid made Kelly step back and work on the business Creating time and space as business owners Witnessing a rocket launch at night in person  
    Resources Mentioned:
    Evolve  
    Our Favorite Quotes:
    "We can teach the tech skills, but it's difficult to teach communication skills." - Kelly Herrod "The way you communicate with clients will set the tone for a long time." - Rob Schulz "I'm a huge fan of trying and sharing other peoples’ ideas." - Rob Schulz  
    Connect with Kelly Herrod:
    Herrod Tech Herrod Tech on LinkedIn Kelly Herrod on LinkedIn Email: kelly@herrodtech.com Phone: 214 202 0999  
    About Rob Schulz and P&L Podcast
    The P&L Podcast is a show for business owners. In each episode, host and financial planner Rob Schulz sits down with business owners and the professionals that serve them to talk about business building, life, money — and the all-important transition out of the business, which inevitably happens to everyone who has ever founded a company. 
     
    Email Rob at rob.schulz@schulzwealth.com with questions, comments, and to schedule a one-on-one conversation. 
     
    Follow Rob on LinkedIn.
    Follow Schulz Wealth on Facebook
     
    Order Rob’s book, Thoughts on Things Financial, on Amazon | Barnes & Noble | Kobo | iBooks | Kindle
     
    Subscribe here:
    Apple Podcast 
    Spotify
    Google Podcasts
    Stitcher
    Audible 
     
    And, if you enjoy the show, please leave a review on iTunes to help others discover the podcast.

    • 40 min
    Family Transitions from the Perspective of the Next Generation with Chad Bruce 

    Family Transitions from the Perspective of the Next Generation with Chad Bruce 

    Chad Bruce is the President of GluDown, a business that serves the construction adhesives market through aerosol and canister adhesives, epoxies, sealants, foam tapes, and more. As President, Chad is responsible for keeping the company up-to-date with the latest in adhesive technologies to ensure their customers get the best possible solutions for their adhesive needs. Chad graduated from The University of Kansas with a Bachelor of Science degree in Mathematics and Education, Secondary Mathematics. He obtained his Master of Business Administration degree from Naveen Jindal School of Management, UT Dallas.
    Chad joins me today to discuss what a family transition looks like from the perspective of the second generation. He describes the gaps he saw during the process. He explains what GluDown is, the industry they serve, and the advantages of construction adhesives over standard nuts, bolts, and nails. He shares why having the end in mind of a transition encourages commitment. Chad also discusses how the senior and next generations should align goals.
     
    "That conflict of 'this is mine' has always been the most difficult thing when transitioning." - Chad Bruce
     
    This week on Priorities Lifestyle:
    The differences and similarities between senior and second-generation leaders The gap Chad realized when the company was transitioning leadership What GluDown is, the services they offer, and how Covid positively impacted their business Why using adhesives doesn't compromise building integrity The complexities involved in family business transitions Minimizing conflicts between senior and second-generation transitions Why starting with the end in mind can make a transition smoother Conflicts of interest and building relationships with the next generation Determining how much the senior generation should sell their businesses for Aligning the goals of the senior and second generations during transition  
    Our Favorite Quotes:
     
    "The child's view of the parent, even in the working space, is still as a parent." - Chad Bruce "Communication: just talking through stuff solves all sorts of problems. In a family business, you have the opportunity to do that more than any transaction." - Rob Schulz "As a parent, we don't want to talk about money as much as we should. In a business you're trying to transition, that becomes an even more major issue." - Rob Schulz  
     
    Connect with Chad Bruce:
    GluDown GluDown on LinkedIn Chad Bruce on LinkedIn Email: chadbruceku@gmail.com  
    About Rob Schulz and P&L Podcast
    The P&L Podcast is a show for business owners. In each episode, host and financial planner Rob Schulz sits down with business owners and the professionals that serve them to talk about business building, life, money — and the all-important transition out of the business, which inevitably happens to everyone who has ever founded a company. 
     
    Email Rob at rob.schulz@schulzwealth.com with questions, comments, and to schedule a one-on-one conversation. 
     
    Follow Rob on LinkedIn.
    Follow Schulz Wealth on Facebook
     
    Order Rob’s book, Thoughts on Things Financial, on Amazon | Barnes & Noble | Kobo | iBooks | Kindle
     
    Subscribe here:
    Apple Podcast 
    Spotify
    Google Podcasts
    Stitcher
    Audible 
     
    And, if you enjoy the show, please leave a review on iTunes to help others discover the podcast.

    • 52 min
    Creating Value in Your Business with Georgine Muntz

    Creating Value in Your Business with Georgine Muntz

    Georgine Muntz is the CEO and Strategic Advisor of Visual Matrix, a software development company that provides an all-in-one property management system for the hospitality industry. They serve over 2,000 properties across 30 countries. As the company’s CEO and Strategic Advisor, Georgine drives innovation and growth strategies that create long-term value and build mission-critical partnerships.
    Georgine joins me today to discuss how founders can create value in their business and the value of having an advisor when planning to exit. She shares her academic background and why she shifted from accounting to tech. She explains some of the critical questions founders should ask themselves before selling their company. Georgine also describes the gender differences in pursuing professional goals and how companies can incorporate a rich culture of diversity.
     
    "It's important to understand that creating independence is the way to create value in your business." - Georgine Muntz
     
    This week on Priorities Lifestyle:
    When Georgine sold her company and the ventures she’s moved forward with Why Georgine shifted from accounting to systems and tech The value of hiring an advisor when selling a business Questions founders should answer if they want to sell their business Why you should let your employees do bad deals Some of the common pitfalls founders make when selling their business Investing in people to make more money Silver linings Georgine found during Covid-19 How men and women differ in pursuing goals Why it's a tough time to be in any role in business How to be more inclusive without looking like you're pandering  
    Resources Mentioned:
    Book: Parenting With Love And Logic (Updated and Expanded Edition) by Foster Cline  
    Our Favorite Quotes:
     
    "Learn to speak about anything you do in a way that is easily identifiable with the success of the business." - Georgine Muntz "Every company has a different working capital number - Rob Schulz "If you don't have something on the other side you can get excited about, you might hang on too hard." - Rob Schulz  
     
    Connect with Georgine Muntz:
    Visual Matrix Visual Matrix on LinkedIn Georgine Muntz on LinkedIn Email: gmuntz@hotmail.com  
    About Rob Schulz and P&L Podcast
    The P&L Podcast is a show for business owners. In each episode, host and financial planner Rob Schulz sits down with business owners and the professionals that serve them to talk about business building, life, money — and the all-important transition out of the business, which inevitably happens to everyone who has ever founded a company. 
     
    Email Rob at rob.schulz@schulzwealth.com with questions, comments, and to schedule a one-on-one conversation. 
     
    Follow Rob on LinkedIn.
    Follow Schulz Wealth on Facebook
     
    Order Rob’s book, Thoughts on Things Financial, on Amazon | Barnes & Noble | Kobo | iBooks | Kindle
     
    Subscribe here:
    Apple Podcast 
    Spotify
    Google Podcasts
    Stitcher
    Audible 
     
    And, if you enjoy the show, please leave a review on iTunes to help others discover the podcast.

    • 38 min

Top Podcasts In Business

Ramsey Network
iHeartPodcasts
NPR
Jocko DEFCOR Network
Pushkin Industries
Ed Mylett