Eric Rozenberg is the President of Event Business Formula, an online platform enabling event entrepreneurs to manage and grow their businesses. As a seasoned expert in the events industry, he has executed over 736 events across 50 countries. Previously, Eric spent two decades consulting with Fortune 500 companies. He is also the author of Meeting at C-Level.
Here’s a glimpse of what you’ll learn:
- [2:11] How Eric Rozenberg became an event business builder
- [7:27] The elements of a growth-ready business
- [11:15] Processes for differentiating your company from the competition
- [13:36] How to scale your business
- [17:38] Criteria for purchasing businesses
In this episode:
Some business owners in the meetings and events industry feel overwhelmed by the challenges of managing and growing their businesses. To succeed, they must systematize processes, foster strong team values, and prioritize face-to-face connections. How can these steps drive business growth and create unique opportunities?
As a business builder, Eric Rozenberg emphasizes the importance of assessing management teams, understanding industry trends, and leveraging personal networks. He advocates for implementing structured processes to ensure scalability while aligning the business with personal strengths and values. Eric highlights the irreplaceable role of in-person interactions in building trust, creating unique experiences, and fostering community.
In today’s episode of Systems Simplified, the Founder of Event Business Formula, Eric Rozenberg, joins Adi Klevit to discuss success in the meetings and events industry. Eric shares how to evaluate businesses for growth, the power of human connection, and the strategies he uses to create impactful and profitable organizations.
Resources mentioned in this episode:
- Adi Klevit on LinkedIn
- Business Success Consulting Group
- Eric Rozenberg on LinkedIn
- Eric’s email: eric@eventbusinessformula.com
- Event Business Formula
- Meeting at C-Level: An Executive's Guide for Driving Strategy and Helping the Rest of Us Figure Out What the Boss Wants by Eric Rozenberg
- Before It's Too Late: A Love Letter to My Daughters and America by Eric Rozenberg
Quotable Moments:
- "It's really serendipity and believing in following your gut."
- "If one is missing, I'm very unhappy, and two are missing. Then, after a few months, I'm gone."
- "A lot of my friends are in private equity and venture capital, which I respect a lot."
- "When we meet, we change the world."
- "Even if you're busy online, even if you're working remotely and any community wants to come face-to-face at some stage, that is being a human being."
Action Steps:
- Network strategically: Engage actively in industry events and networking opportunities to build connections. This helps in understanding industry trends and creating opportunities through personal interactions.
- Focus on strengths: Identify your strengths and leverage them while hiring or partnering with individuals who complement your weaknesses. This approach streamlines your business operations and fosters a balanced team environment, addressing the challenge of feeling overwhelmed as a business owner.
- Evaluate business opportunities: When considering buying or investing in a business, assess the team, customer base, and industry growth potential. By focusing on these aspects, you can understand the business’ viability and sustainability.
- Embrace face-to-face interactions: Prioritize in-person meetings over digital interactions to strengthen relationships and create unique experiences. This provides an opportunity for deeper connections and serendipitous conversations that often lead to business growth.
- Be open to serendipity: Stay open to unexpected opportunities and follow your instincts when making business decisions. This mindset encourages innovation and adaptability, fostering growth and success in various business ventures.
Sponsor for this episode:
This episode is brought to you by Business Success Consulting Group.
At Business Success Consulting Group, we create custom processes and tailor-made management systems so businesses can thrive.
Businesses simply can’t survive without workable systems and well-documented processes. That’s why our team of experienced professionals takes care of it for you.
We provide business owners, entrepreneurs, and key executives with strategic implementation, process improvement and documentation, and long-lasting systems necessary to support business expansion.
So, what are you waiting for? Do yourself a favor, and cut the chaos out of your business.
Visit bizsuccesscg.com today or email info@bizsuccesscg.com to schedule a free consultation.
