• #331- Frank Somma (B2B Is Really P2P: How to Win with High Touch in a High Tech World)
    Nov 7 2024

    Welcome to another episode of the Million Dollar Stories Podcast with your host, Mike Fallat! Today, we're diving into the heart of sales mastery with a unique twist on the B2B (business-to-business) landscape. Our special guest is Frank Somma, sales expert and author of "B2B Is Really P2P: How to Win with High Touch in a High Tech World." Frank’s book sheds light on the critical shift in sales from traditional deal-making to relationship-building, showing how sales success in today’s world goes far beyond transactions—it's about genuine connection.

    B2B Is Really P2P provides a deep dive into sales tactics and techniques that prioritize person-to-person (P2P) interactions, transforming relationships into long-term loyalty. Frank believes that selling is as much about understanding human psychology as it is about product knowledge, and he brings this to life with practical tools that help anyone—from solopreneurs to large sales teams—create instant rapport and credibility. With his background in neuro-linguistic programming (NLP), the same science that propelled Tony Robbins to fame, Frank shares insights on body language, vocal cues, word choice, and other subtle communication skills that establish trust and likability in any sales environment.

    In today’s discussion, Mike and Frank will break down how technology may evolve, but the fundamentals of human connection remain timeless. Frank also shares advice from some of the most successful sales professionals he’s encountered, giving listeners a full-spectrum view of the art of building relationships that drive business forward.

    Tune in as Mike and Frank explore why mastering the art of relationship is essential to succeeding in sales today and how you can use these principles to win over clients and transform business outcomes. Get ready for insights, anecdotes, and actionable takeaways on this episode of Million Dollar Stories!

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    41 mins
  • #330 - Agnesia Agrella (Mind Your Own Business: Your Money Is Your Business!!)
    Nov 1 2024

    Welcome back to another episode of the Million Dollar Stories Podcast, where host Mike Fallat uncovers invaluable lessons from inspiring entrepreneurs, thought leaders, and game-changers. Today, Mike welcomes Agnesia Agrella, an entrepreneur, author, and personal finance expert whose book "Mind Your Own Business: Your Money Is Your Business!!" dives into the fascinating connection between our life strategies and our financial habits. Agnesia's insights reveal that our approach to money is deeply influenced by survival strategies hardwired in our brains from a young age—strategies initially developed to keep us safe, but which can sometimes hinder our financial growth.

    In her book, Agnesia unpacks how these early survival tactics manifest in our adult lives, often as habits that shape the way we handle money and our relationships with others. She explores the psychology of co-dependency and how our reliance on others in our formative years can lead to patterns that persist into adulthood. According to Agnesia, recognizing and understanding these ingrained behaviors is key to rewiring our financial mindset and taking full control of our financial destiny.

    Today, Mike and Agnesia will discuss how becoming aware of these unconscious habits allows us to shift toward more independent and empowered financial management. They’ll explore practical strategies for recognizing counterproductive financial behaviors, building healthier money habits, and breaking free from any limiting patterns. If you’re looking to take charge of your financial future by understanding the deeper forces at play, this episode is a must-listen.

    Tune in as Mike Fallat and Agnesia Agrella guide you through a transformative conversation that might just change the way you look at both your life and your bank account on this episode of the Million Dollar Stories Podcast.

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    42 mins
  • #329 - Andrew Sherman (Mergers and Acquisitions from A to Z)
    Nov 1 2024

    Welcome back to the Million Dollar Stories Podcast! Today, our host, Mike Fallat, is diving deep into one of the most complex—and potentially rewarding—areas of business: mergers and acquisitions. His guest is Andrew Sherman, renowned author and expert on corporate strategy, whose book, "Mergers and Acquisitions from A to Z," has become a go-to resource for anyone involved in the high-stakes world of deal-making.

    Mergers and Acquisitions from A to Z is a comprehensive guide that leaves no stone unturned. Sherman’s book equips business owners, investors, and executives with the crucial tools they need to navigate every phase of an M&A transaction—from initial valuation and due diligence to closing and post-merger integration. As many in the industry know, M&A can appear straightforward, but the process is laden with risks, regulatory hurdles, and unexpected challenges. With insights on everything from structuring deals and securing capital to board governance and legal compliance, Andrew’s book offers a blueprint to help leaders safeguard against the costly mistakes that have spelled disaster for others.

    Today, Mike and Andrew will discuss how the right M&A strategies can help companies eliminate competition, expand market reach, and diversify their offerings. They’ll also cover the latest trends and regulatory shifts impacting M&A, key factors for managing successful integrations, and best practices for keeping deals on track. Whether you’re actively pursuing an acquisition or simply looking to enhance your understanding of the corporate landscape, this episode is packed with actionable insights and essential knowledge.

    Get ready to uncover the secrets of successful mergers and acquisitions as Mike Fallat and Andrew Sherman bring you another insightful episode of the Million Dollar Stories Podcast.

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    43 mins
  • #328 - Brian Domitrovic (Taxes Have Consequences: An Income Tax History of the United States)
    Nov 1 2024

    Welcome to the Million Dollar Stories Podcast with Mike Fallat, where we explore the narratives behind groundbreaking ideas, impactful entrepreneurs, and transformative books. In today’s episode, Mike welcomes Brian Domitrovic, economic historian and author of "Taxes Have Consequences: An Income Tax History of the United States." Brian’s book dives deep into how income tax policies have shaped the American economy since 1913, when the U.S. first implemented a federal income tax. His extensive research reveals a striking pattern: the correlation between top tax rates and economic performance.

    Through the highs and lows of the 20th century, Brian argues that high tax rates, particularly in challenging economic periods like the Great Depression, have often stifled growth by causing investors to protect their wealth rather than reinvest it into the economy. In contrast, during eras of reduced tax rates, like the economic booms of the 1920s, 1980s, and 1990s, there was an outpouring of investment and innovation. Brian provides a clear analysis of how these tax shifts affected employment, capital formation, and overall economic vitality, reshaping America’s business landscape time and again.

    Today, Mike and Brian will explore the broader economic and societal consequences of income tax policies, diving into questions like: Why do high taxes often discourage growth? How can tax cuts stimulate economic reinvigoration? And what can history teach us about the impact of tax policy on future prosperity?

    If you're curious about the forces behind economic trends or interested in how tax policies affect businesses and personal wealth, this episode promises to shed light on the far-reaching implications of tax history in the United States. Join us as we unravel this insightful look into the past with Brian Domitrovic on today’s episode of the Million Dollar Stories Podcast.

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    40 mins
  • #327 - Bradley Birkenfeld (Lucifer’s Banker Uncensored: The Untold Story of How I Destroyed Swiss Bank Secrecy)
    Nov 1 2024

    Welcome back to the Million Dollar Stories Podcast, hosted by Mike Fallat, where we delve into the incredible stories of entrepreneurs, visionaries, and mavericks who push boundaries and challenge the status quo. Today, we’re diving deep into the underbelly of Swiss banking secrecy with a guest whose name has become synonymous with one of the biggest financial whistleblowing cases in history—Bradley Birkenfeld. He’s the author of "Lucifer’s Banker Uncensored: The Untold Story of How I Destroyed Swiss Bank Secrecy," a gripping tale of his journey from high-stakes private banking to standing up against one of the world's most powerful financial institutions.

    In Lucifer’s Banker Uncensored, Birkenfeld pulls back the curtain on his time as a UBS banker, where he helped ultra-wealthy clients protect millions in secret, numbered Swiss accounts. He reveals his discovery of UBS’s plans to betray him, his decision to blow the whistle, and the dangerous journey that followed. With eye-opening details, Birkenfeld recounts how he took his revelations to the U.S. government, eventually helping to recover billions in lost tax revenue from Americans using Swiss accounts for tax evasion.

    This story isn’t just about one man against a powerful bank; it’s a shocking exposé of the Justice Department’s response to his whistleblowing, leading to his arrest and prison time. But Birkenfeld emerged with both his principles intact and a $104 million whistleblower award from the IRS—the largest in history.

    Today, we explore what really happens in high-level finance, the impact of whistleblowing on personal freedom, and what it takes to challenge giants like UBS. Bradley’s story isn’t just fascinating—it’s a masterclass on courage, justice, and the extraordinary lengths one man will go to uphold his values. Let’s dive into this powerful episode with Bradley Birkenfeld.

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    47 mins
  • #326 - Doug Collins (he Home-Based Business Guide to Write Off Almost Anything: You'll Keep More Money Once You Know These Tax Secrets)
    Nov 1 2024

    Welcome back to the Million Dollar Stories Podcast, hosted by Mike Fallat, where we dive into game-changing insights for entrepreneurs looking to maximize success and keep more of what they earn. Today, we’re thrilled to have Doug Collins as our guest, author of "The Home-Based Business Guide to Write Off Almost Anything: You'll Keep More Money Once You Know These Tax Secrets." If you’re running a home-based business or part of the gig economy, this episode is packed with invaluable strategies for navigating the tax world with confidence.

    Doug Collins’ book sheds light on often-overlooked tax write-offs and provides a clear roadmap tailored for entrepreneurs in the U.S. and Canada. Designed for everyone from freelancers to real estate investors, course creators, and gig economy workers, Doug’s book isn’t a dense tax manual—it’s an accessible guide that transforms tax season from something dreaded into an opportunity for savings. Through this episode, Doug shares insights on maximizing deductions, leveraging home-based write-offs, and common pitfalls to avoid, which will allow you to hold onto more of your hard-earned money.

    The Home-Based Business Guide to Write Off Almost Anything covers essential strategies that every home-based business owner needs to know, including understanding how tax agencies view home businesses, combining part-time business with full-time employment for greater savings, and proactive steps to remain audit-proof. He’ll also share the extra resources in his book, like a Tax Preparation Checklist and Tax Write-Off Workbook, designed to make these strategies easy to implement.

    So, whether you’re just starting a home business or looking to elevate your tax knowledge, today’s episode with Doug Collins will provide you with the tools you need to transform your approach to taxes and make it work for your financial future. Let’s dive into these practical, game-changing tax secrets!

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    43 mins
  • #325 - Joseph Gulesserian (The Practical M.B.A. on Economics: What They Do & Don’t Teach You at Business School)
    Nov 1 2024

    Welcome to another enlightening episode of the Million Dollar Stories Podcast, hosted by Mike Fallat. Today, we’re delving into the world of economics and the truths—and myths—behind what’s really driving our global financial system. Joining us is Joseph Gulesserian, an expert in economics and the author of "The Practical M.B.A. on Economics: What They Do & Don’t Teach You at Business School." This book is both a wake-up call and a crash course in understanding the economic forces shaping our world today.

    In "The Practical M.B.A. on Economics," Joseph unpacks the topics you won’t find in typical business school lectures. From the intricate cycles of inflation to the legacy of economic giants like Adam Smith and Milton Friedman, Joseph sheds light on the economic “house of cards” that many argue we are currently living in. Have central banks built an unsustainable cycle of money printing, or are they the pillars of modern stability? Joseph’s book explores questions like these, drawing connections between history and the challenges of today, such as escalating living costs, wealth divides, and the changing role of the U.S. dollar.

    Joseph doesn’t just bring theory; he weaves compelling anecdotes and real-world events that make these complex ideas accessible and engaging. This episode will take you through the thrills and spills of economic history—stock market crashes, debt defaults, and the powerful impact of mercantilism.

    If you’ve ever wondered how inflation impacts your day-to-day life or questioned the sustainability of our financial system, this episode is a must-listen. Buckle up and get ready for a fast-paced journey through the real drivers of the global economy, brought to life with Joseph Gulesserian’s insights, wit, and the kind of hard truths that every aspiring entrepreneur needs to hear. Let’s dive in!

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    54 mins
  • #324 - Kelly Waltman (Elevate Connection: Cultivate an Engaged, Inspired, Productive, and Profitable Team Culture)
    Oct 29 2024

    Welcome to the Million Dollar Stories Podcast! I’m your host, Mike Fallat, and today, we’re diving deep into the world of workplace culture, connection, and effective leadership with an incredibly insightful guest—Dr. Kelly Waltman. She’s here to discuss her powerful book, "Elevate Connection: Cultivate an Engaged, Inspired, Productive, and Profitable Team Culture."

    In "Elevate Connection," Dr. Waltman explores a topic that every successful business leader must understand: how the quality of communication and connection within a team directly impacts productivity, engagement, and ultimately, profit. She reveals the costly pitfalls that many companies face, including poor communication, employee disengagement, and high turnover—issues that drain billions from businesses every year. But it doesn’t have to be this way. With the right strategies, leaders can create a culture where team members feel inspired, connected, and excited to contribute.

    Dr. Waltman’s mission is clear: to take the fear out of feedback and to give leaders practical tools to foster meaningful connections with and among their team members. Drawing from over twenty years of experience in leadership and professional development, she guides readers on building a culture where feedback is welcomed, communication flows naturally, and everyone feels part of a bigger purpose.

    If you’ve ever felt the struggle of trying to improve team dynamics or wondered how to spark genuine enthusiasm and productivity in the workplace, this episode is for you. Join us as Dr. Waltman shares actionable insights and proven techniques to transform your team culture, elevate connection, and drive results that will elevate your bottom line.

    Let’s dive in and discover how to build a truly engaged and inspired team culture!

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    45 mins