When To Walk Away From Your Business And Start Over (Even When It’s Profitable), With Michael and Roslyn Rozbruch.
You may not love talking or thinking about Taxes, but Michael and Roslyn Rozbruch are thriving in this space, and talk to Roland Frasier about their journey together as founders of the Tax and Business Solutions Academy, and RozStrategies.com
In Today's episode, we talk about Partnerships that went bad, launching when you don't know what you're doing, scaling, and pivoting. Listen through to the end for some nuggets of wisdom from Michael on Fear and Roz's insight on partnering with your significant other.
"If you took all the fear in the world and boiled it down, there's only two kinds of fear in the world. One is fear of losing something you already have, and the second is fear of not getting something you want." Michael Rozbruch Listen Today For,
* The profitable business that Michael walked away from (and why).
"Everything in life has a beginning, a middle and an end, and, you know, after 16 years in my tax resolution practice, I had 125 people in 15,000 square feet. I mean, we were servicing between 3,000 to 4,000 clients a year. But you know, it was time for me to exit". Michael Rozbruch.
* How to launch with no list and very little knowledge.
* Their passion for learning and how they absorb expertise.
"I'm like one of those great people you want at your conference. I think I spent $30,000 worth of product; we bought everybody's product." Michael Rozbruch
* Secrets to working with your significant other.
* Where strategic relationships can accelerate your business.
* How they scaled and "layered up" their products and memberships.
"If you were going to buy something from us, you're going to get more value beyond what you've invested, and that has helped our business model." Roslyn Rozbruch.
Plus, How To Pivot In Response To The Pandemic
"I have a high tolerance for risk. And, but this was like, above my pay grade". Michael Rozbruch
• Don't be afraid to take your events Virtual. They can still be awesome.
• Embracing change is the key to success.
"It's really important to open yourself to change so that you can pivot and ask if this isn't working, what do we need to do to make it work?" Roslyn Rozbruch.
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