Social Capital  By  cover art

Social Capital

By: Lori Highby
  • Summary

  • Welcome to the Social Capital Podcast, where we dive into social relationships and how the investment you put into them establishes trust, reciprocity, and value within your network and community. Our host, Lori Highby, will connect with top professionals and dive into their best networking stories and techniques to share with you!
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Episodes
  • 391: The Art of Rebranding- with Jim Heinigner
    Apr 24 2024
    Meet Jim Heinigner

    Jim Heininger is The Rebrand Man. He leads the efforts of The Rebranding Experts, which he founded in 2017, after 30 years of business and brand strategy experience for P&G, McDonald’s, Anheuser-Busch and others.

    Rebranding Experts was purposefully designed to be the only agency with the comprehensive services necessary to rebrand organizations. It starts from a fundamentally different viewpoint than traditional branding firms that see rebranding as a marketing strategy. His team believes rebranding should be a strategic growth accelerator, creating a forward-facing organization ready to grasp new opportunities. It’s a jetpack to your success.

    Jim has designed the methodology used by the firm and merged the many disciplines necessary for successful rebranding, including research, brand strategy and planning, creative naming, design/identity, corporate and leadership communications, change

    management, employee engagement and internal marketing, customer experience design and marketing/public relations.

    Jim coaches CEOs through the rebranding process, aligning their executive team, and helping to execute complete name changes and new customer promises. He regularly speaks at national conferences and is a frequent contributor to Forbes.com on the topic of rebranding.

    Highlights

    00:00 Welcome to the Social Capital Podcast

    01:21 Introducing Today's Guest: Jim Heininger, The Rebrand Man

    02:23 The Art and Strategy of Rebranding

    05:05 Current Trends in Rebranding

    08:03 Learning from Twitter's Rebranding to X

    10:44 Personal and Professional Growth Advice

    14:07 Engaging in Professional Networks for Success

    14:53 How to Connect with Jim and Closing Thoughts


    Connect with Jim!

    LinkedIn

    Twitter/X

    Rebranding Experts

    jim@rebrandingexperts.com

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    16 mins
  • 390: Unleashing the Power of Social Media- with Bobbi Baehne
    Apr 10 2024
    Meet Bobbi Baehne

    Bobbi Baehne is the founder and CEO of Think Big Go Local, a digital marketing agency that helps small businesses succeed in their local communities by leveraging the power of online marketing. With over 15 years of experience in entrepreneurship, marketing, and small business development, Bobbi has a passion for helping small businesses grow and thrive, and has worked with hundreds of clients to develop successful marketing strategies. In her current role, Bobbi leads a team of digital marketing experts who provide personalized support to small businesses. She has done a TedX talk, has been featured in Inc. Magazine, Huffington Post, and more, and is a regular speaker at conferences and events, sharing her expertise and insights with audiences around the country.

    What are the top three trends that small business owners should consider integrating into their marketing mix right now?

    So there are so many things and so many trends we could talk about, but there are a few that I think are top of the list.

    So first is something we're hearing so much about, and that's artificial intelligence, right? How to use AI effectively. That that is definitely one of the things small businesses need to keep top of mind, because one of the challenges I hear so frequently from my customers is the bandwidth to do all the things that need to be done in their business.

    And as a small business owner, sometimes you don't have a team built yet. And so figuring out how to make the most effective use of your time so that you can run your business and market it effectively is kind of top of the list for me.

    The second thing, which has been a thing for a while, but it's just not going away is video. For a while, we were all talking a lot about short-form video, reels, TikTok, and those are so relevant. But I also think business owners need to step back and notice a couple of things.

    There's still so many small businesses not leveraging the power of YouTube. And we're finding that a lot of people we talk to are using YouTube in such different ways that you have such a larger opportunity to leverage that. I can go to YouTube and get the small sound bites for the things I want to know and that I'm looking to learn so quickly, and it's opened up an entire new market for YouTube content.

    For a while there, we were talking about really short videos. So a TikTok video, eight to 15 seconds, right? These platforms are starting to incentivize creators to do longer videos, a minute or more. So in 2024, we're going to start to see the length of those shorter vertical videos start to shift a little more. Small business owners should be paying attention to those kinds of changes so they can kind of get in the favor of those algorithms, and just be putting out more content that the platforms wanna show to more people.

    And then finally, a place that many small businesses aren't leveraging, and that's paid promotion. It is so difficult for a small business that doesn't have a ton of name recognition or brand recognition yet to get their content seen. Facebook doesn't show anything on a business page to anybody if they can help it. They're in the game of wanting a business to pay for that type of attention.

    And yet so many business owners either aren't doing it or they're not doing it right because they've only extended their knowledge base to how to hit that blue button and boost a post versus getting into ad manager and learning to develop a variety of different types of campaigns, leverage different types of audiences and all the tools that Meta is offering.


    What social media platform do you plan on using more right now?

    So, I have never been a big fan of LinkedIn. When it came out, I'd been doing this digital marketing thing for quite a while and it just was no fun. That was just the way it was....

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    32 mins
  • 389: Insights into Tax Planning and Business Growth- with Eugene Marshall
    Mar 27 2024
    Meet Eugene Marshall

    Eugene Marshall is the Founder and CEO of Magnolia Tax Services. He is an Enrolled Agent (EA). Eugene is federally authorized to represent taxpayers before the IRS and, like CPAs and attorneys, has unlimited representation rights. He specializes in advanced tax strategies to reduce his client’s tax liability through effective tax planning. Eugene has several years of tax experience, including preparing taxes for individuals and small businesses.

    Eugene is also an avid real estate investor. He owns a real estate investing company that acquires multi-family properties within the inner city of Chicago and has recently expanded to the Milwaukee market. Eugene believes owning real estate and having a small business is the cornerstone of building wealth.

    What sets Magnolia Tax Services apart from other tax firms?

    Magnolia Tax Services is a tax advisory practice that ultimately specializes in tax planning, tax preparation, tax debt resolution for individuals or small businesses that need assistance with solving a tax problem, and accounting and bookkeeping. What separates us from the average tax practices is that we're actively meeting with our clients periodically throughout the year and most of our client book is all small businesses.

    I want to say maybe 90 to 95 percent is all small businesses. We do have some individuals that don't own a business, but have the desire to pick up some rental properties. We do bring them on as clients.

    And we also assist and consult them on how to analyze deals, source those deals as well and get the capital to fund those deals, and it creates an opportunity for us to also educate our clients on how to be strategic in markets like today, where the interest rates are higher than they have been.

    Fortunately, we're starting to see things climb down a bit. Still, we do introduce other topics such as seller financing, subject to a contract with the seller, wrap-around mortgages, and all these other creative ways to acquire properties that could ultimately benefit our client's tax position. So what separates us apart in short, is that we are actively looking at our client's financial position, and coming up with strategies to ultimately assist them with minimizing their tax bill.

    This gives us the opportunities for that business owner to reinvest those savings either back into the business, back into themselves or personal professional development and or into their future.


    Can you explain what the difference is between an enrolled agent and a certified public accountant?

    Absolutely. So when we look at the tax space, the tax industry as a whole, there's four types of people. You have your tax preparers that do not have to be licensed at all. This could be someone who just understands how to file taxes using a particular software. Don't need a license, do not need a degree, just need to be able to file taxes.

    And then we have tax attorneys. And then we have certified public accounts. And then after certified public accounts, we have folks like myself, which are enrolled agents. And so the primary difference between an enrolled agent and a certified public accountant is our specialty is tax. And we get our designation directly from the department of treasury, which houses the Internal Revenue Service. Certified public accountants that get their designation, their license from state boards.

    And we actually partner with a ton of certified public accountants because they don't have an interest in tax. And some of them don't know tax. And many of them, their focus is on the accounting portion. And a lot of folks stay co associate accounting with taxes when accounting is nothing more, nothing less, but understanding and being able to read and produce financial statements.

    P and L's, balance sheets, cashflow projections, not more so taxes. Now there are

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    21 mins

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