Building a Sustainable Business Model


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Nov 15 2024 57 mins  

Keywords: entrepreneurship, marketing, sales strategies, digital marketing, business growth, founder-led sales, specialization, consulting, agency success, streaming media


Summary: In this episode, Mitch Beinhacker interviews Corey Quinn, a seasoned entrepreneur and consultant, who shares his journey from a child actor in commercials to a successful career in advertising, marketing, and digital consulting. Corey discusses his experiences during the dot-com boom, his transition into financial services, and his eventual success in sales and marketing. He emphasizes the importance of specialization in business, innovative sales strategies like gift-based marketing, and the challenges of founder-led sales. Corey also introduces his book and consulting focus, aimed at helping entrepreneurs escape dependency on their own involvement in sales and build sustainable businesses.


Takeaways


  • Corey's journey began in advertising and marketing.

  • He experienced the dot-com boom and the challenges of early streaming media.

  • Transitioning to financial services provided valuable insights into sales.

  • Specialization in a niche market can lead to greater success.

  • Innovative sales strategies, like gift-based marketing, can break through barriers.

  • Building relationships is crucial for business growth.

  • Founder-led sales can limit scalability and growth potential.

  • Corey's book focuses on escaping founder dependency.

  • A successful business should be able to operate without the founder's constant involvement.

  • Understanding your target audience is key to effective marketing.


Titles


  • Building a Sustainable Business Model

  • The Power of Relationships in Business


Sound Bites


  • "I was the California kid."

  • "We were early in the streaming media space."

  • "I was a CEO of a publicly traded company."


Chapters


00:00 Introduction and Background


04:35 Corey's Early Career in Advertising and Marketing


07:53 The Dot-Com Era and Streaming Media Ventures


10:49 Transitioning to Financial Services


12:50 Sales Training and Early Success


14:54 The Shift to Digital Marketing and Agency Work


19:11 Building Relationships and Specialization in Sales


24:14 Innovative Sales Strategies and Gift-Based Marketing


30:13 Expanding into New Markets and Specialization


35:11 The Importance of Founder-Led Sales


43:34 Corey's Book and Consulting Focus


50:15 Escaping Founder Dependency and Building a Sustainable Business