The Business Warrior Within Andy Olen

Mastering Medtech Corporate Accounts with Jay Sullivan

In this episode of the Business Warrior Within podcast, host Andy Olen welcomes Jay Sullivan.

Jay is a MedTech sales titan with a distinguished career at Boston Scientific and Abbott Laboratories and is currently at Olympus as Group Vice President of Corporate Accounts, Contract Operations, and Strategic Pricing.

Jay discusses his journey from starting as a salesperson at Xerox to becoming a healthcare executive, emphasizing the importance of training, resilience, and learning from every experience.

He highlights the evolution of healthcare sales, the impact of COVID-19 on the industry, and the necessity of adapting to changing customer demands and corporate account management.

Jay also shares valuable advice for sales professionals aspiring to succeed in corporate accounts roles, stressing the importance of negotiation, communication, and strategic thinking skills.

The conversation also touches on the importance of fitness and reflection in achieving personal and professional success.

Learn More About Jay Sullivan: https://www.linkedin.com/in/jay-sullivan-2493a179

00:00 Welcome to the Business Warrior Within Podcast01:59 Jay Sullivan's Journey from Xerox to Healthcare Sales Titan04:15 The Passion for Healthcare and Its Dynamic Industry05:21 Navigating the Evolution of Healthcare Sales and Corporate Accounts09:13 The Art of Corporate Account Management in Healthcare16:59 Adapting to Change and the Future of Healthcare Sales21:12 Skills and Mindset for Success in Corporate Account Roles25:42 The Joy of Transformation and Leadership in Sales30:11 Closing Thoughts: Fitness and Success

Building Through Stories with Eido Walny

Eido Walny is not your average lawyer next door. He founded a national powerhouse law firm, consults businesses to success, and currently serves as the Village President of Bayside, WI. He has created success in business, life, and politics through storytelling.

Eido is a national speaker who shares stories of celebrity estate planning mistakes and highlights the need for everyone, including businesspeople, celebrities, and professional athletes, to have a comprehensive estate plan.

In this episode, Andy Olen and Eido Walny discuss the importance of estate planning and the challenges that arise when individuals fail to plan for the future. Eido emphasizes the importance of planning and highlights the emotional and financial difficulties that can arise when someone passes away without a proper plan. Eido shares his insights on building a successful law firm and the importance of focusing on knowledge and relationships. They also discuss the power of storytelling in connecting with clients and building trust.

Links:Find Eido at the WalnyLegal.com

Steve Jobs Answering a Tough Question on YouTube

Takeaways

- Estate planning is crucial for everyone, including Business Warriors, celebrities, and professional athletes.

- Estate planning is not just about death but also about making important decisions during life

- Fights over sentimental items can arise when no clear plan is in place

- The cost of administering an estate without proper planning can be significantly higher than creating an estate plan. Estate planning is crucial for ensuring that affairs are in order and minimizing emotional and financial difficulties for loved ones after someone passes away.

- Building a successful law firm requires a focus on both knowledge and relationships.

- Storytelling is a powerful tool for connecting with clients and building trust.

- Trust is hard to build and easy to lose, so it's important to prioritize building trust with clients.

- Connecting with people and explaining complex concepts in a way they can understand is key to effective communication and building relationships.

- Combining personal hobbies and interests with professional expertise can create unique marketing opportunities and enhance client relationships.

The Joys and Challenges of Solopreneurship
In this podcast episode, Andy Olen explores the concept of solopreneurship, advocating for a deliberate approach to starting and running a business independently, without the need for extensive teams or ambitious scaling goals. Andy emphasizes the personal fulfillment and autonomy that solopreneurship offers, highlighting the ability to align work with individual interests and maintain a balanced lifestyle. Through insightful discussions on financial prudence, software utilization, and risk management, he encourages listeners to embrace solopreneurship as a pathway to flexible and fulfilling professional futures.

Connect with Andy Olen:


Website: andyolen.com
Coaching Programs: Andy's 1:1 Coaching

Stay Connected:


Follow Andy Olen on social media for updates, insights, and more:

LinkedIn: Andy Olen's Profile



Introduction to Solopreneurship:


Solopreneurship is defined as purposefully starting a business with the intention of operating it alone, without the need for extensive teams or scaling for multi-million dollar exits.

Exploring the Solopreneur Lifestyle:


Andy discusses the essence of solopreneurship, focusing on building a business that aligns with personal joy and fulfillment, allowing flexibility for pursuing other interests and maintaining work-life balance.

Inspiration from Successful Solopreneurs:


Drawing inspiration from notable figures like Justin Welsh, Andy emphasizes the importance of building a business that enables autonomy and personal fulfillment.

Navigating the Challenges:


While solopreneurship offers autonomy, it also presents challenges such as solitude and decision-making. Andy shares insights on overcoming these hurdles and adapting to the solo journey.

Financial Prudence and Software Utilization:


Andy discusses the importance of prudent financial decisions, including wise software investments and the value of trial-and-error to optimize expenses.

Building Towards a Flexible Future:


Solopreneurship offers the opportunity to craft a flexible future, allowing individuals to extend their careers, pursue passions, and maintain control over their schedules and engagements.

Risk and Reward:


Andy contrasts the perceived risks of solopreneurship with the unpredictability of corporate employment, highlighting the resilience and control that solopreneurs possess over their income streams.

Closing Thoughts:


In closing, Andy encourages listeners to embrace the entrepreneurial spirit, leveraging the freedom and opportunities available to shape their professional and personal destinies.

Summary
Jeff Roach, Chief Commercial Officer at Medinol, shares insights on his experience in the medical device industry and the importance of leadership and negotiation skills. He discusses the transition from a regional sales manager to a national account role and the value of building relationships and creating followership.

Jeff also highlights the significance of transparency in negotiations and the importance of internal negotiations in creating successful deals. He shares his experiences in working globally and emphasizes the need for an open mind, curiosity, and a willingness to embrace different cultures.

Jeff encourages individuals to seek international opportunities early in their careers and to choose bosses they trust and admire.

Connect with Jeff on LinkedIn: https://www.linkedin.com/in/jeff-roach-6b206a9/

Learn more about Medinol: https://medinol.com/en/home/

A few definitions:STENT - a medical device used to prop open arteries or veins so blood can flow freely.TAVR -Transcatheter aortic valve replacement is the replacement of the heart's aortic valve through the blood vessels.XIENCE V - a drug-eluting coronary stent sold by Abbott VascularPROMUS - in 2008, the exact same stent as XIENCE V but sold by Boston Scientific

Takeaways

Build relationships and create followership by transitioning from a manager to a leader.
Transparency in negotiations can lead to successful outcomes and maintain positive relationships.
Internal negotiations are crucial in creating deal structures that empower negotiations with customers.
Working globally requires an open mind, curiosity, and a willingness to embrace different cultures.
Seek international opportunities early in your career to gain valuable experiences and broaden your skillset.

Chapters
00:00 Introduction to Medinol and Jeff Roach

04:03 Reminiscing on past experiences

08:06 Transitioning to a national account role

09:07 Advice for different types of sales roles

21:43 Internal negotiations and deal structure

26:50 Transitioning to global responsibilities

31:19 Embracing different cultures and experiences

38:41 Advice for gaining international experience

Summary

In this episode, Andy discusses the importance of evolving and upgrading skills to stay competitive in business. He shares a personal story about his marathon training and the need to adapt his approach to avoid injury. Andy emphasizes that change is necessary to avoid being passed by in various aspects of life and career. He highlights the importance of continuous learning and skill building, especially in the face of technological advancements. Andy concludes by encouraging listeners to invest in their.

Takeaways


Continuously evolving and upgrading skills is crucial for success in business and life.
Failure to adapt and change can lead to being left behind by competitors.
Each generation has its own unique skill set, and it's important to stay updated with the latest technologies and trends.
Investing in personal and professional development is essential for career advancement and achieving excellence.

Be a guest on the show: https://www.andyolen.com/podcast-guest-form

Want to become a podcaster? This episode will have you thinking differently about success with a podcast.

Doug Sandler, author of 'Nice Guys Finish First' and host of 'The Nice Guys on Business' podcast, shares insights on business, skills, and podcasting.

Sandler discusses the shift from a command and control leadership style to one based on empathy and inspiration.

He also emphasizes the power of high touch over high tech in building relationships and generating business. Doug shares his unique approach to podcasting, using the guest seat as a tool for engagement and conversion.

Sandler highlights the importance of relationship building and offers advice on key skills for business success.

Sign up for Doug's Podcast Toolkit: https://turnkeypodcast.mykajabi.com/toolkitNice Guys on Business Podcast: https://www.niceguysonbusiness.com/subscribe/

Takeaways


Being a nice guy in business can lead to success and positive relationships.
The command and control leadership style is being replaced by empathy and inspiration.
High-touch interactions are more effective than high-tech solutions in building relationships.
Using the podcast guest seat as a tool for engagement and conversion can lead to business success.
Relationship building is crucial in both acquiring and retaining customers.
Key skills for business success include relationship building, communication, and empathy.
Treating everyone as a customer, even non-customers can lead to unexpected opportunities.