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Fast Talking

A weekly look into the world of auctions with your host Andy Imholte. Topics include auctions in the news, listener questions, and auction insights. Plus, there's sure to be a few surprises along the way. fasttalkingpodcast.com
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Now displaying: Category: Business
Jul 11, 2016

One of the best ways to secure business is to become an expert in a specific type of property, but are you taking on risks when you add a level of expertise? In this episode Andy is joined by returning guest, and attorney George Michak to discuss how expertise can be a double edged sword, and how to wield it.

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Episode Sponsor
Global Auction Guide

The Fast Talking Podcast is a small business building podcast as seen through the lens of auctioneers and auction professionals. Focusing on social media, marketing strategies, finance, operations, human resources, and time management, we provide focused discussions on important topics weekly.

Mar 21, 2016

Understanding auction law is more than just having a license to practice. When it comes to a topic like jurisdiction of venue, knowing landmines to avoid could save your company time and money. In this episode Andy is joined by returning guest George Michak to discuss the simple steps that can make all the difference.

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Episode Link
Breaker Boys by David Fleming

Episode Sponsor
Global Auction Guide

Mar 14, 2016

Mailing promotional materials can be a costly enterprise, but there are ways to target a location for a more affordable approach. For this episode Andy welcomes his brother Michael on to the show to discuss the US Post Office’s own program, Every Door Direct Mail. Outlining the requirements they also take some time to weigh the pros and cons.

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The Fast Talking Podcast is a small business building podcast as seen through the lens of auctioneers and auction professionals. Focusing on social media, marketing strategies, finance, operations, human resources, and time management, we provide focused discussions on important topics weekly.

Feb 15, 2016

Real estate investment can be an intimidating topic, but not when you make small educated risks. For this episode Andy sits down with Whitney Nicely, a young woman who has taken her knowledge as an auctioneer to make some wise investments that are returning excellent dividends.

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The Fast Talking Podcast is a small business building podcast as seen through the lens of auctioneers and auction professionals. Focusing on social media, marketing strategies, finance, operations, human resources, and time management, we provide focused discussions on important topics weekly.

Jan 25, 2016

 

Understanding auction law is more than just having a license to practice. When it comes to a topic like absolute auctions, knowing landmines to avoid could save your company many hassels. In this episode Andy is joined by returning guest Mike Brandly to discuss the in’s and out’s of an absolute auction and finding success with this auction type.

Subscribe on iTunes | Stitcher

Episode Sponsor
Global Auction Guide

The Fast Talking Podcast is a small business building podcast as seen through the lens of auctioneers and auction professionals. Focusing on social media, marketing strategies, finance, operations, human resources, and time management, we provide focused discussions on important topics weekly.

Dec 21, 2015

With the popularity of shows like Serial and This American Life, a major podcast renaissance is happening right now. But why is it happening and how can you benefit? For this episode, Andy sits down with John Lee Dumas, host of the blockbuster business podcast, Entrepreneur on Fire, to breakdown why podcasts are so popular and what you need to get started.

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Today’s Sponsors
Global Auction Guide

 

Episode Links
Entrepreneur on Fire
Free Podcasting Course
Model House Show by Shawn Stevenson
The Freedom Journal

The Fast Talking Podcast is a small business building podcast as seen through the lens of auctioneers and auction professionals. Focusing on social media, marketing strategies, finance, operations, human resources, and time management, we provide focused discussions on important topics weekly.

Dec 14, 2015

Every year as time winds down small business owners have to consider some strategic financial planning. Knowing your way around capital spending, deductions and retirement planning can be complicated and frustrating. For this episode Andy welcomes back Erik Doerr, CPA to discuss many considerations small business owners and operators need to consider.

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Today’s Sponsor
Global Auction Guide

 

Episode Links
Erik R. Doerr, CPA on LinkedIn

The Fast Talking Podcast is a small business building podcast as seen through the lens of auctioneers and auction professionals. Focusing on social media, marketing strategies, finance, operations, human resources, and time management, we provide focused discussions on important topics weekly.

Nov 23, 2015

Understanding auction law is more than just having a license to practice. When it comes to a topic like buyer’s premium, knowing landmines to avoid could save your company many hassels. In this episode Andy is joined by attorney George Michak to discuss the in’s and out’s and legal issues that can come up when implementing a buyer’s premium.

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Today’s Sponsor
Global Auction Guide

Episode Links
A Frolic of his Own by William Gaddis

The Fast Talking Podcast is a small business building podcast as seen through the lens of auctioneers and auction professionals. Focusing on social media, marketing strategies, finance, operations, human resources, and time management, we provide focused discussions on important topics weekly.

Nov 16, 2015

Video marketing is everywhere today, but don’t think you need deep pockets to get started. In this episode Andy sits down with Bobby D. Ehlert as he walks through his video equipment and how shockingly affordable it is to join the party. From cameras to accessories to video editing services, they cover it all.

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Today’s Sponsors
Global Auction Guide

 

Episode Links
Episode 92 on YouTube
GoPro Accessory Pack
Wasabi Power Battery
GoPro Hero4 Silver
Gorrilla Pod
Microphone Stand Camera Adapter
Lense Cover
GoPro 35mm Microphone Adapter
External Power Pack
GoPro eBook
Project GoPro

 

The Fast Talking Podcast is a small business building podcast as seen through the lens of auctioneers and auction professionals. Focusing on social media, marketing strategies, finance, operations, human resources, and time management, we provide focused discussions on important topics weekly.

Nov 9, 2015

Have you ever been summarizing what your business does when you suddenly realize you’re rambling and the person you are talking to has glazed over? The importance of an effective elevator speech is no secret, but how do you create one? For this episode Andy welcomes back Tim Luke to discuss an exercise to help you effectively communicate called the message map.

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Today’s Sponsors
Global Auction Guide

 

Episode Links
Register for the NAA Designation Academy

The Fast Talking Podcast is a small business building podcast as seen through the lens of auctioneers and auction professionals. Focusing on social media, marketing strategies, finance, operations, human resources, and time management, we provide focused discussions on important topics weekly.

Oct 19, 2015

Any auctioneer worth his or her salt has considered taking a crack at real estate. It’s a big money niche but it takes hard work to build a successful business. For this episode Andy is joined by Jason Winter to discuss getting started in real estate auctions. They cover some great lead tactics to give your start up a boost.

Real Estate Auction Start Up Tips:

  1. Develop a Continuing Education class for Realtors
  2. Search expiring listings in MLS
  3. Build Relationships with professionals
    1. Lenders
    2. Attorneys
    3. CPA's
  4. Build relationships with businesses
    1. Funeral Homes
    2. Assisted Living Facilities

 

Subscribe on iTunes | Stitcher

 

Today’s Sponsor
Global Auction Guide

Book Recommendations
Strengths Finder 2.0 by Tom Rath
Never Eat Alone by Keith Ferrazzi
Winning Every Day by Lou Holtz

The Fast Talking Podcast is a small business building podcast as seen through the lens of auctioneers and auction professionals. Focusing on social media, marketing strategies, finance, operations, human resources, and time management, we provide focused discussions on important topics weekly.

Oct 12, 2015

Legal action is a serious, but once it is in process it is already too late. Today Andy is joined by returning guest Mike Brandly to discuss where auction lawsuits come from. Mike presents his top 5 reasons auction professionals get sued, and how all 5 can be easily avoided.

Top 5

  1. Not following the contract
  2. Hiding behind "as-is" then misrepresenting property
  3. Running the bid or shill bidding
  4. Self serving interests
  5. Perceived bait and switch

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Today’s Sponsors
Global Auction Guide
Online Auction Solutions

 

Episode Links
Blink by Malcolm Gladwell
Outliers by Malcolm Gladwell

The Fast Talking Podcast is a small business building podcast as seen through the lens of auctioneers and auction professionals. Focusing on social media, marketing strategies, finance, operations, human resources, and time management, we provide focused discussions on important topics weekly.

Sep 28, 2015

Business success is often determined by the team you surround yourself with. On today’s episode Andy is joined by Omar Zehom, host of the hugely popular podcast the $100MBA. As a world-class business educator and entrepreneur, Omar shares his best tips for building a great team.

Key Hiring Tips:

  1. Identify the exact role you are hiring for and ALL of their responsibilities
    1. Think abstractly and what do you actually NEED
    2. Asking yourself what responsibilities you let go and which ones you can’t
  2. When interviewing possible team members
    1. Hire based on evidence...not just a gut feeling
    2. Imagine you are hiring for someone else and you will pay a penalty if they don’t work out
    3. Ask followup questions that require evidence

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Today’s Sponsors
Global Auction Guide
Online Auction Solutions

 

Episode Links
$100MBA

 

Book Recommendations
Anyone Can do it by Sahar Hashemi
The War of Art by Steven Pressfield

The Fast Talking Podcast is a small business building podcast as seen through the lens of auctioneers and auction professionals. Focusing on social media, marketing strategies, finance, operations, human resources, and time management, we provide focused discussions on important topics weekly.

Sep 21, 2015

Staffing needs for a small business can be the toughest challenge for entrepreneurs. Today we sit down with Bobby D. Elhert, and Jo Towns to discuss the benefits of virtual assistants. What are some tips and trick to finding a great VA? How can you get the most out of your future VA? We tackle these questions and more in this episode.

Subscribe on iTunes | Stitcher

Today’s Sponsors
Global Auction Guide
Online Auction Solutions

Book Recommendations:
4-hour Work Week by Tim Ferris
Getting Things Done by David Allen

The Fast Talking Podcast is a small business building podcast as seen through the lens of auctioneers and auction professionals. Focusing on social media, marketing strategies, finance, operations, human resources, and time management, we provide focused discussions on important topics weekly.

Aug 24, 2015

Knowing your target audience is key to a successful marketing campaign, but do you have a list of your very best clients/bidders? In a continuing Facebook marketing conversation with John Schultz, we explore building VIP lists and how to leverage them with the power of look-alike audiences.

Highlights

  1. The importance of building specialized lists of your best clients/bidders
    • How that information helped in trimming down the mailing list to save money
    • How Facebook can use that list to define your ideal clients
  2. The performance of Facebook ads vs promoted posts
  3. How building a “deadbeat” audience list can be effective as well

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Today’s Sponsors
Global Auction Guide
Online Auction Solutions

John’s Book Recommendation
Words that sell

The Fast Talking Podcast is a small business building podcast as seen through the lens of auctioneers and auction professionals. Focusing on social media, marketing strategies, finance, operations, human resources, and time management, we provide focused discussions on important topics weekly.

Aug 17, 2015

From pilots to surgeons checklists are used to standardize important tasks done by professionals around the world, so why are we so hesitant to use them. For this episode Darron Meares returns to discuss how checklists can make your business run smoother. This episode was recorded live at the 2015 National Auctioneers Association Conference and Show in Addison, Texas on Wednesday, July 15.

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Today’s Sponsors
Global Auction Guide
Online Auction Solutions

Episode Links
Checklist Manifesto

The Fast Talking Podcast is a small business building podcast as seen through the lens of auctioneers and auction professionals. Focusing on social media, marketing strategies, finance, operations, human resources, and time management, we provide focused discussions on important topics weekly.

Jul 27, 2015

Auction professionals are not generally pictured sitting at a desk in an office day after day. Since they are often on the move, their work moves with them. For this episode we are joined by John Schultz to discuss working in a very mobile business. What dangers come with keeping your office in your bag? What apps will help you be more efficient? All this and more is discussed in this special episode recorded live at the 2015 National Auctioneers Association Conference and Show in Addison, Texas on Wednesday, July 15.

Subscribe on iTunes | Stitcher

Today’s Sponsors
Global Auction Guide
Online Auction Solutions

Episode Links
Cloak
1Password
Dropbox
Box
Google Drive
Echosign
Docusign

The Fast Talking Podcast is a small business building podcast as seen through the lens of auctioneers and auction professionals. Focusing on social media, marketing strategies, finance, operations, human resources, and time management, we provide focused discussions on important topics weekly.

Jul 13, 2015

Truth in advertising is a phrase often thrown around, but it is very easy to omit details in the process of marketing. For this episode Ryan George, owner of Biplane Productions, joins us to how full disclosure can add your credibility, and lead buyers trust your company for years to come.

Key Takeaways

  1. Truth in advertising and how hiding features may not be respecting our buyers time and interest
  2. How honest over-sharing of photos and descriptions that gives auction companies more credibility
  3. How “As is, where is” may be something auctioneers hide behind, it also creates a stigma that we need to combat

Subscribe on iTunes | Stitcher

Today’s Sponsors
Global Auction Guide

Ryan’s book recommendation
Love Does by Bob Goff

The Fast Talking Podcast is a small business building podcast as seen through the lens of auctioneers and auction professionals. Focusing on social media, marketing strategies, finance, operations, human resources, and time management, we provide focused discussions on important topics weekly.

Jul 6, 2015

A major mystery of our age is Google’s search algorithm. This constantly moving target is the key to a great page rank. For this episode we are joined by Rob Weiman to breakdown search engine optimization and what tricks business owners can use that won’t penalize them in Google’s eyes.

Key Takeaways

  1. Some of the important factors that go into a great pagerank in Google and how there is not a silver bullet to get to the top, in fact you can be blackballed by using gimmicks and tricks that game the system.
  2. How consistently helping people and providing content  is clearly more effective
  3. The first 3 items to consider when starting your site
    1. Directory of Mozilla to get relevant links
    2. Build in relevant text on your sites
    3. Social Media signals

Subscribe on iTunes Stitcher

Today’s Sponsor
Global Auction Guide

Episode Links
Searchmetrics Report

The Fast Talking Podcast is a small business building podcast as seen through the lens of auctioneers and auction professionals. Focusing on social media, marketing strategies, finance, operations, human resources, and time management, we provide focused discussions on important topics weekly.

Jun 29, 2015

When the hammer falls the fun begins when it comes to shipping. For this episode we welcome back Peter Gehres of Belhorn Auctions to discuss the logistics of shipping and some of the key decisions business owners must make.

Key Takeaways

  1. The triple constraint when it comes to shipping: speed - expense - security, you can only choose 2
  2. How having a plan for shipping can even help to secure clients
  3. We discuss the 3 types of shipping options
    1. No service, pick up only
    2. Facilitated shipping, coordinating with a third-party shipping company
    3. Full service, inhouse shipping

Subscribe on iTunes | Stitcher

Today’s Sponsor
Global Auction Guide

Peter’s Book Recommendation
Whatever Happened to the Metric System?

The Fast Talking Podcast is a small business building podcast as seen through the lens of auctioneers and auction professionals. Focusing on social media, marketing strategies, finance, operations, human resources, and time management, we provide focused discussions on important topics weekly.

Apr 20, 2015

Understanding auction law is more than just having a licence to practice. 49 out of 50 states have adopted UCC 2-328 as law and those 254 words generate a great deal of discussion and even disagreement amongst auction professionals. In this episode we are joined by Mike Brandly, auctioneer and Legal Education Instructor, to break down the 4 sections of UCC 2-328 and how the it can affect your business.

Mike Brandly Blog

The Fast Talking Podcast is a small business building podcast as seen through the lens of auctioneers and auction professionals. Focusing on social media, marketing strategies, finance, operations, human resources, and time management, we provide focused discussions on important topics weekly.

Apr 13, 2015

Throwing money at marketing challenges may seem like a great place to start, but it does little good if the copy and the headline doesn’t grab anyone’s attention. For this episode, Robert Mayo, professional auctioneer and writing/marketing enthusiast, joins me to discuss the topic of headlines and copywriting. Sharing his secrets, Robert discusses some great techniques to improve the impact of the written word for your next campaign.

3 Steps to Greater Headline Impact!

Step 1: Consider your asset: create a demographic profile

  1. Age
  2. Where they live
  3. Interests
  4. Income level

Step 2: Put yourself into the position of that person

  1. Ask yourself: How would I respond?
  • Would I glance past?
  • Would it STOP me, and grab my attention?

Step 3: Focus 80% of your time on the headline

  1. None of the copy will even be seen if the headline doesn’t grab the viewer.
  2. Write 5 or 6 and set aside and then come back to see what you like best.
  3. Have someone not connected to the project read the headline to get an outsiders point of view.

Robert’s Book Recommendation
Tested Advertising Methods by John Caples

The Fast Talking Podcast is a small business building podcast as seen through the lense of auctioneers and auction professionals. Focusing on social media, marketing strategies, finance, operations, human resources, and time management, we provide focused discussions on important topics weekly.

Apr 6, 2015

April marks the start of the Auctioneer Triple Crown. To breakdown his approach to competition we welcome back Peter Gehres the reigning Ohio Auctioneer Champion. A champion isn’t built overnight, and we explore methods and techniques which can serve any competitor well.

The 5 keys to remember with entering a bid calling contest

  1. Understand the contest
  2. Honest self assessment, and start to practice
  3. Know how to lose
  4. Know how to win
  5. Persistence

Peter’s Book Recommendation
The Autobiography of G.K. Chesterton

The Fast Talking Podcast is a small business building podcast as seen through the lense of auctioneers and auction professionals. Focusing on social media, marketing strategies, finance, operations, human resources, and time management, we provide focused discussions on important topics weekly.

Mar 30, 2015

Effective direct mail advertising doesn’t start with the design, but the mailing list. By turning a magnifying glass on mailing list practices it is much easier to understand common mistakes. For this episode Ryan George, owner of Biplane Productions, joins us to discuss where in-house mailing lists can fall short. Sharing his vast experience he breaks down the 4 most common mistakes all companies need to remedy.

Key Takeaways

4 Mailing List Mistakes:

  1. Not Connected to Auction Participation
  2. Not Segmented for Asset
  3. Too Dependent on Investors
  4. Not Updated with USPS CASS Certification Reports

Ryan’s book recommendation
Your Marketing Sucks by Mark Stevens

The Fast Talking Podcast is a small business building podcast as seen through the lense of auctioneers and auction professionals. Focusing on social media, marketing strategies, finance, operations, human resources, and time management, we provide focused discussions on important topics weekly.

Mar 23, 2015

Competition can sharpen our skills raise the quality of those who choose to participate. It is no different for auctioneers. For this episode we sit down with 2010 Women’s Division International Auctioneer Champion, Kristine Fladeboe-Duininck. She shares her thoughts on the competition and the importance of being genuine in all that you do.

Key Takeaways

  1. How having passion and being genuine was her key to winning
  2. You can do anything you set your mind to, but you have to believe in yourself because if you don’t believe in yourself, no one else will.

Kristine’s book recommendation
Good to Great in God’s Eyes by Chip Ingram

The Fast Talking Podcast is a small business building podcast as seen through the lense of auctioneers and auction professionals. Focusing on social media, marketing strategies, finance, operations, human resources, and time management, we provide focused discussions on important topics weekly.

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