Phil Fornaro

Episode 54: Joe Wabick: Unlocking Growth By Maximizing Value

Business, Finance /

Joseph is the managing partner and founding member of Chicago based investment bank and restructuring firm Kreshmore Group. Joseph is primarily tasked with the oversight of the existing restructure and M&A platform, implementation of strategic initiatives, project management, and key client relationship management. Joseph steers Kreshmore’s overall vision with the help of a highly experienced […]

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Episode 53: LBM Flash Moments: The Value of Diversifying Income Streams

LBM Flash Moments /

I discuss the importance of multiple income sources for business owners and employees, emphasizing the need to manage income taxes and deductions effectively. I share insights from my father, who worked in various trades and real estate to ensure financial stability. I highlight my own diverse investments, including limited partnerships, real estate, and alternative investments,

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Episode 52: Adam Codilis: Balancing Law and Entrepreneurship

Entrepreunership, Law /

Adam Codilis is a legal professional specializing in the banking and default services industries, with extensive expertise in mortgage law, real estate law, default litigation, defense of consumer litigation, title insurance, and regulatory/compliance issues. Alongside his legal practice skills, Adam possesses substantial experience in management and enjoys collaborating with a team of leaders to provide

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Episode 51: LBM Flash Moments: Building Trust Through Honest Feedback

LBM Flash Moments /

In this episode, I dive into the power of feedback—why it’s essential for growth in both business and life. I share personal stories, including a listener whose spouse had a strong reaction to the podcast and a contractor who took immediate action on tax filings after tuning in. I also explore the role of family

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Episode 50: Making Waves in Fitness With Deep-Water Running with Jennifer Conroyd

Business, Entrepreunership /

Jennifer Conroyd is the founder of Fluid Running, a deep-water running fitness company, offering group classes in the western suburbs of Chicago and an app-based system available internationally. She created Fluid Running after she got injured training for a marathon. She is an 18-time Boston Marathon qualifier and an Ironman finisher. She is passionate about

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Episode 49: LBM Flash Moments: Setting And Meeting Expectations

LBM Flash Moments /

I discuss the importance of setting and meeting expectations, both personally and professionally. I share my experience of implementing an expectations program at Fornaro Law, emphasizing self-reflection and critical conversations. My goal is to grow my podcast to inspire a broader audience and improve client development. I highlight the value of aligning expectations with team

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Episode 48: Mentorship, Mistakes, and Making a Difference with Joe Kroc

Business, Finance /

Joe serves as Executive Vice President, Chief Lending Officer of FNBC Bank & Trust in La Grange, IL. He has been a member of the FNBC team since 2012 and manages a group of several commercial and consumer loan officers at FNBC’s various locations. He develops and services banking and loan relationships with businesses, investors,

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Episode 47: LBM Flash Moments Retaining Clients And Fostering Loyalty

Articles, LBM Flash Moments /

I believe that client retention is one of the most important aspects of business. It’s not just about transactions—it’s about building long-term relationships. It is important to communicate proactively and truly understand your clients’ businesses. One of the things I’ve learned over the years is the power of reaching out without an agenda. Sometimes, a

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Episode 46 : Networking Is A Superpower  with Jay Winkler

Business, Finance /

For more than three decades, Jay Winkler has worked with many smart and talented people and served as a leader at family-owned, privately held, and private equity-backed companies in manufacturing, non-profit, communications, consulting, consumer products, education, technology, business services, and globalization. He has started factories around the world, launched businesses, succeeded in turning around distressed

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