Phil Fornaro, Author at lbmpodcast

Episode 96: LBM Flash Moments: Solve Complex Problems, Start With Simple Math

Business Growth & Strategy / Phil Fornaro

I discuss the importance of simplifying complex problems into basic math problems to avoid confusion and overcomplication. I emphasize starting with basic metrics like profit margins and expenditures to understand the big picture before delving into detailed analysis. I criticize the political complications in addressing the U.S.’s growing debt, highlighting the need for balanced budgets […]

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Episode 95: Power, Pitch, and Purpose: A Smarter Path to Energy and Sales with Mike Zaura

Marketing & Branding / Phil Fornaro

Mike Zaura serves as Senior Strategic Energy Advisor at Nania Energy Advisors, a respected energy services firm founded in 1999. Based in the greater Chicago area, he helps organizations reduce energy costs, navigate complex procurement decisions, and achieve meaningful sustainability goals. A Certified Energy Manager (CEM) and Certified Renewable Energy Professional (REP), Mike brings technical

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Episode 94: LBM Flash Moments: Success And Fulfillment

Careers & Professional Growth / Phil Fornaro

I discuss the popularity of shorter episodes among the younger generation and the positive feedback received. I highlight the growth of the LBM website and the creation of a Facebook group with 160 followers. I share a personal story about trying a THC-based drink during a golf outing. I emphasize the distinction between success and

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Episode 93: Fuel, Fire, and Focus with John Lee Dumas

Entrepreneurship & Startups / Phil Fornaro

John Lee Dumas is the host of Entrepreneurs on Fire, an award-winning podcast where he interviews inspiring Entrepreneurs who are truly ON FIRE. With over 2500 episodes, 1 million++ listens a month, and seven figures of annual revenue, JLD is just getting started. Visit EOFire.com to set YOUR Entrepreneurial journey ON FIRE! Why This Episode

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Episode 92: LBM Flash Moments: The Power of Having the Right Partner

Relationships & Communication / Phil Fornaro

I discuss the importance of partnerships in business and life, emphasizing the need to choose the right partner who complements one’s skills. I share insights from various partnerships, including my longest-running partnership with Jeff Gustafson, which spans over 30 years. I highlight the value of trust, communication, and adapting to different personalities. I also mention

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Episode 91: Make It Happen: Grit, Growth, and Getting Lucky with Jay Leonard

Entrepreneurship & Startups / Phil Fornaro

Jay Leonard is a Managing Director in Bernstein Private Wealth Management’s Chicago office, where he helps lead strategy and growth in Chicago and the Midwest markets. As a Principal of the firm & co-leader of the business owner and entrepreneur task force, he also advises clients and their professional advisors regarding asset allocation, investment strategy,

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Episode 90: LBM Flash Moments: Slow Down, Get Better

Health, Energy & Performance / Phil Fornaro

I discuss the importance of attention to detail in today’s fast-paced society, noting how distractions from technology can hinder focus. I emphasize the value of reading physical newspapers and books to enhance concentration and comprehension. I share a personal anecdote about my cousin, Mark, who was able to improve his litigation document quality by printing

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Episode 89: Entrepreneurship is Building a Plane Mid-Flight with Ian Duignan

Entrepreneurship & Startups / Phil Fornaro

Ian Duignan began his career in Dublin as a bar manager, gaining early industry insights before transitioning to sales during the economic recession. At Arnotts, he quickly rose to managerial level, achieving €1.3 million in annual sales. He then joined Apple as a top-trained sales executive, refining his expertise in customer engagement and brand strategy.

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Episode 88: LBM Flash Moments: Cybersecurity in a High-Tech World

Technology, AI & Innovation / Phil Fornaro

I warn about the rise of sophisticated scams, emphasizing the importance of vigilance—especially with the advent of advanced technologies like ChatGPT. I share personal experiences of intelligent individuals being scammed and advise against sending Bitcoin or other cryptocurrencies in response to scams. I suggest letting unknown calls go to voicemail, verifying emails with colleagues, and

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