Best of Business 2023 - Part 4 2023 AZ TRT S04 EP52 (215) 12-31-2023

 Best of Business 2023 - Part 4 2023 AZ TRT S04 EP52 (215) 12-31-2023 What We Learned This Week: Alan Payne on the Rise & Fall of Blockbuster Arthur Smith on Reality TV & Sports Trevor Pan of Bidbird on shipping efficiency & container skins Dr. Chuck & Francis of Ally Bio on Cannabis Innovation Chris Owen of J Galt on Commercial Credit Host Matt on Business Assets   Seg. 1 – Clips From: Built to Fail: The Inside Story of Blockbuster's Inevitable Bust w/ Alan Payne AZ TRT S04 EP34 (197) 8-27-2023     What We Learned This Week: ·         Blockbuster started in 1985, and scaled quickly after Wayne Huizenga purchased it in 1987, 10,000 stores at its height, dominant video rental co. ·         Alan Payne instituted the Video Rental model of HEB to the Blockbuster franchises he ran – segmented movies to rent new ones for more ·         Wayne Huizenga was a stellar Founder who built 3 fortune 500 companies – Waste Mgmt, Blockbuster, and Auto Nation ·         Viacom purchased Blockbuster in 1994 for $8.4 billion, and went on to lose 75% of the value over the next decade + ·         Competition was fierce from Hollywood Video, Redbox and then in 1997 by a new DVD rental by mail company called Netflix ·         Netflix scaled into the internet company it always wanted to be with streaming in 2009   Guest: Alan Payne Alan Payne spent thirty-one years in the movie rental business, the last twenty-five of those as a Blockbuster retail franchisee. He took over a small group of Blockbuster stores in 1993 and grew it into one of the largest and most successful chains in the company. He finally closed his last store in 2018, more than eight years after Blockbuster filed for bankruptcy. Book: Built to Fail: The Inside Story of Blockbuster's Inevitable Bust   From the Back Cover Blockbuster was phenomenally successful in its early years and made thousands rich beyond their wildest dreams. But it was consistently outsmarted and outmanaged by smaller companies. And the challenges began earlier than you think--long before Netflix was even an idea in the minds of founders Reed Hastings and Marc Randolph. Blockbuster became one of the most iconic brands in the history of American business, but it cracked at the first sign of a challenge. From its founding, Blockbuster was a company built to fail. Link: HERE     Full Show: HERE   Seg. 2 – Clips From: TV Tales of The Unbreakable Jay Glazer to Creating Competition Shows from American Ninja Warrior to Hell's Kitchen w/ Arthur Smith AZ TRT S04 EP28 (191) 7-16-2023     What We Learned This Week: ·   Jay Glazer’s Unbreakable mindset gets him thru ‘the gray’ of his daily life, working on his mental health ·   Arthur Smith’s describes Reach as striving for our full potential to create amazing things ·   Creation of TV Classics like American Ninja Warrior & Hell’s Kitchen   Arthur Smith, the chairman of A. Smith & Co. Productions, is a pioneering veteran of nonfiction television, known for creating and producing some of the longest running unscripted series in history, including Hell's Kitchen and American Ninja Warrior. Smith was honored as one of Variety's “Titans of Unscripted TV” in 2022, inducted into the Realscreen Awards Hall of Fame in 2021, awarded Broadcasting and Cable’s “Producer of the Year” in 2020, Nominated for several Emmy Awards, and received dozens of awards, including NAACP Awards, Realscreen Awards, and Critics Choice Awards. Smith embarked on his career in television as a twenty-two-year-old wunderkind, talking his way into sports production at CBC in his native Canada. He quickly distinguished himself as a rising star at the network, where he produced three Olympic Games among countless other high-profile events. At the age of twenty-eight, Smith was named the youngest ever head of CBC Sports. His successful run at the network ended when American broadcasting icon Dick Clark lured him to Hollywood to develop and produce a wide variety of entertainment programming. Then as the head of programming and production at FOX Sports Net, Smith played an instrumental role in the launch and growth of this massive entity, before the biggest reach of his life—the creation of his eponymous production company that has thrived for more than twenty years. He lives in Los Angeles.     Full Show: HERE     Seg. 3 – Clips From: Cannabis Innovation by Ally Biotech w/ Dr. Chuck & Francis - AZ TRT S04 EP36 (199) 9-10-2023                    What We Learned This Week Ally Biotech offers highly bioavailable products to leading manufacturers and dispensaries of cannabis products Cannabis is competitive and it’s all about the product quality. Arizona-based Chill PillTM brand is an expansive line of easy-to-swallow THC soft gels for the cannabis industry.       The goal of the company is to adopt the practices of big Pharma and make high grade products. FDA and DEA are actually working together. The DEA treats cannabis like any other Schedule One dangerous drug, like cocaine or heroin. Yet it does not have the same affects, nor addictive qualities. Many pain medication’s have very serious side effects as well as the potential for problems with overdosing. Cannabis is a good alternative for pain mgmt.     Guests:   Dr. Chuck Johnson, CSO at Ally Biotech  After earning his BA in Chemistry from Northwestern University and PhD in Analytical Chemistry from Virginia Tech, Dr Chuck refined his craft while working The Procter & Gamble Company, Koch Industries, and Danaher, and expanded his scope of knowledge while working and consulting for DuPont, BATF, FBI, Army Corps of Engineers, Chiyoda Engineering, Toyo Engineering, Japan Gas Company, Yamato, Fisher Scientific, VWR Scientific Products, among others. Chuck brings with him experience with FDA regulatory compliance, LEAN (TPS) principles in Product Development and Manufacturing, competitive market analysis, mergers and acquisitions and technical sales. More recently he has provided consultation services and served as the Chief Science and Operations Officer in the Hemp and Cannabis sectors, including industrial farming, extraction, refining, GMP production, nutraceuticals, and FDA compliance.    Francis Baczek, V.P. of Business Development at Ally Biotech  Francis Baczek serves as Vice President of Business Development at Ally Biotech, a provider of leading-edge bioactive delivery solutions for cannabinoids. Baczek brings significant product development experience in the medical cannabis sector. Since 2013, he has been formulating precision-dosed edibles as lead cannabis chef for Uncle Herb’s Health Center, a licensed Arizona operator. Baczek is credite      https://allybiotech.com/about-team/     Full Show: HERE     Efficiency in the Supply Chain by a New Container Invention w/ Trevor Pan of BidBird AZ TRT S04 EP41 (204) 10-15-2023   Things We Learned This Week Malcolm McLean was the inventor of the shipping Container, and a key person in trade & globalization BidBird invented a container skin, a smooth panel for the side to reduce wind resistance & improve fuel efficiency Patent process and Patent Cooperation Treaty to register an invention in foreign countries Building a Prototype and doing a road test with a Truck plus a Container on a race track   Guest: Tevor Pan, BidBird Principal Architect - February 2018 - Present Undergraduate Professional Degree - Landscape Architecture, Colorado State University,  Fort Collins, Colorado 2003 Master Degree - Frank Lloyd Wright School of Architecture, Scottsdale, Arizona 2006   o  Twitter o  LinkedIn     https://bidbird.co/about THE FIRST CONSTRUCTION MARKETPLACE, AT YOUR FINGERTIPS.   Trevor Pan, BidBird Founder & registered Arizona architect.   Spending 21 years as an architect immersed in construction, manufacturing, and design, I’ve built a unique understanding of the construction industry’s constant movements and challenges. I know that construction professionals are exhausted by the RFP game—and the collusion that can come along with it.   I’ve seen invasive service platforms that trap users into thinking they’re a lead generating machine, but then unethically charge them thousands with no quality results.   When I set off to launch BidBird, I wanted to eliminate the red tape and corruption for suppliers, manufacturers, contractors, and building owners. And when my barber approved the irresistible alliteration of the name, BidBird was born.   BidBird is the new way for construction professionals to achieve a constant-but-necessary thing: capture competitive bids for their materials through an efficient process.   At its core, our mission is simple. We connect construction industry professionals around the country through an honest platform that doesn’t cost users unreasonable fees, or their dignity.   With its simplicity comes big things. BidBird is an opportunity to beat out the “big guys” by just a penny, equalizing the hunt for businesses around the country.   We strive to combine high-value jobs + the innovation to evolve with construction professionals’ needs to transform businesses, one bid at a time.         Full Show: HERE   Seg. 4 – Clips From: Building Commercial Credit w/ Chris Owen of J. Galt AZ TRT S04 EP45 (208) 11-12-2023   Things We Learned This Week J. Galt Helps Small Businesses Optimize Cashflow & Manage Growth Helping Business Owners Access Loans & Credit, Endangering Their Personal Credit & Family Assets Small Business is the backbone of a community, when it thrives, so does the community 3 Types of Credit - Personal, Business & Commercial Credit - Business need to build their Commercial Credit     Guest: Chris Owen  LKIN: HERE Helping Business Owners Access Loans & Credit   Endangering Their Personal Credit & Family Assets When small businesses prosper, then the community also thrives. The passion I have for helping fellow entrepreneurs succeed is something I’ve fostered my entire life. As an advocate and advisor for small businesses I have seen the challenges they face firsthand. When businesses fail, they leave an average of $80K for the business owner and their family. Knowing these daunting stats, it has become my life’s mission to help protect these incredible small businesses that are the bedrock of our economy. Can you imagine what your small business would look like in 12 months if… ✅     You didn’t get turned down for the loan, credit card, or line of credit you needed? ✅     Your access to loans and credit didn’t impact your personal credit or put your family home at risk? ✅     You had the money you needed to expand and meet new opportunities?   J. Galt: https://www.jgalt.io/cowen     Full Show: HERE     Rethinking What is an Asset AZ TRT S04 EP39 (202) 10-1-2023     What We Learned This Week:   ·         Knowledge as an Asset  ·         Industry You Work in as an Asset   ·         Your Network as an Asset  ·         Leverage as an Asset   ·         Focus as an Asset  ·         Traditional Investment Assets – Appreciating vs Harvesting       Full Show: HERE     Investing Topic: https://brt-show.libsyn.com/category/investing   Tech Topic: HERE   ‘Best Of’ Topic: https://brt-show.libsyn.com/category/Best+of+BRT      Thanks for Listening. Please Subscribe to the BRT Podcast.     AZ Tech Roundtable 2.0 with Matt Battaglia The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business.  AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving.  Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more…    AZ TRT Podcast Home Page: http://aztrtshow.com/ ‘Best Of’ AZ TRT Podcast: Click Here Podcast on Google: Click Here Podcast on Spotify: Click Here                    More Info: https://www.economicknight.com/azpodcast/ KFNX Info: https://1100kfnx.com/weekend-featured-shows/     Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.