The Flywheel Effect

Jul 11 2024
The Flywheel Effect Podcast artwork

The Flywheel Effect is a podcast designed for entrepreneurs, small business owners, and professionals seeking to win in luxury home services businesses. Each episode dives into the nuances of growth, profit and prosperity, offering insights on leveraging data for informed business decisions. Through a mix of candid conversations and interviews with industry veterans, suppliers, and service providers, the podcast aims to inspire listeners to think bigger and transition from technicians to visionaries. This podcast is a guide to refining business acumen and achieving competitive excellence.

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E6 - A Conversation with Matthias Smith: Understanding the SBA Landscape and How to Hustle

Jul 11 2024 60 mins  
In this episode of The FlyWheel Effect, hosts Brent Sonnek-Schmelz and Matt Bernath welcome Matthias Smith from Pioneer Capital Advisory, LLC. Matthias shares his journey from working in the SBA lending space to founding Pioneer Capital Advisory. He discusses the challenges and motivations behind starting his own firm and emphasizes the importance of hustle and dedication in growin

E5 - BBI (Boring But Important) Managerial vs. Financial Accounting - Why It Matters

Jun 23 2024 40 mins  
Join Brent Sonnek-Schmelz and Matt Bernath in this episode of The Flywheel Effect as they dive into the world of accounting. They break down the differences between managerial and financial accounting, explaining how each serves distinct purposes in a business. Matt highlights that while financial accounting focuses on compliance and external reporting, managerial accounting is abo

E4 - Conversation with Jim Pearse, the value of humility in creating lasting success

Jun 10 2024 48 mins  
In this episode of "The Flywheel Effect," hosts Brent Sonnek-Schmelz and Matt Bernath sit down with Jim Pearse, the CEO of ProSource. Jim discusses his journey from Ultimate Electronics to leading ProSource, sharing insights on how integrators can grow their businesses. He emphasizes the complexity and technological advancements in the home integration industry, highlighting ProSou

E3 - Economic headwinds for luxury home services? Plus, Snap One is acquired by ADI - what does it mean

May 01 2024 31 mins  
In this episode of the Flywheel Effect, hosts Brent Sonnek-Schmelz and Matt Bernath dive into the pressing economic challenges facing luxury home service providers. They discuss the critical need for sound business fundamentals amidst rising inflation and labor costs, highlighting real-world cases of companies grappling with financial instability. The conversation underscores the i

E2 - Creating Value with your Team - An Interview with Paul Starkey

May 01 2024 55 mins  
In this episode of The FlyWheel Effect, hosts Brent Sonnek-Schmelz and Matt Bernath welcome Paul Starkey, a seasoned entrepreneur and founder of PrepTech and Fenco. Paul discusses his innovative approaches to technical recruitment and training, emphasizing the unique challenges in sourcing and developing talent in the custom integration industry.Paul outlines the strategies behind

Lightapalooza 2024 Recap

Mar 29 2024 29 mins  
In the first episode of Flywheel Effect, hosts Brent Sonnek-Schmelz and Matt Bernath dive into Lightapalooza, a pivotal event for the custom lighting industry. They explore its importance, focusing on the trade show's educational offerings. Brent and Matt discuss the evolving luxury home industry, emphasizing the shift towards more integrated and sophisticated home technology solut