Million Dollar Multi-Op

David Osborne

Welcome to 'Million Dollar Multi-Op', the premier podcast for event DJ company owners aspiring to amplify their impact and income. Host David Osborne with blueprintlearn.com will dive deep on topics that are important to you. Here you'll find education, inspiration, and entertainment, offering exclusive insights to help you grow your team and hit your goals read less
BusinessBusiness
ArtsArts
EntrepreneurshipEntrepreneurship
Performing ArtsPerforming Arts

Episodes

Alex Nepa [How You Do Anything is How You Do Everything]
Sep 11 2024
Alex Nepa [How You Do Anything is How You Do Everything]
SummaryIn this conversation, David Osborne and Alex Nepa discuss the importance of branding in the DJ industry, particularly in the wedding space. They talk about the role of branding in creating trust with clients and how it can elevate a company's reputation. They also touch on the process of recruiting and vetting DJs, the importance of professionalism and punctuality, and the different skills required for club DJs versus wedding DJs. Overall, the conversation emphasizes the significance of branding, consistency, and quality control in building a successful DJ business. In this conversation, Alex and David discuss how to stay passionate and avoid burnout in the wedding DJ industry. They cover topics such as finding the right clients, making your own music edits, and always having something to look forward to outside of work. They also talk about the importance of taking care of your health and wellness, including exercise, eating right, and delegating tasks. The conversation concludes with a discussion on branding and the importance of consistency in all aspects of your business.TakeawaysBranding is crucial in the DJ industry as it creates trust and elevates a company's reputation.Recruiting and vetting DJs is important to ensure they align with the brand and deliver high-quality service.Professionalism and punctuality are key traits for DJs in the wedding industry.Club DJs may need to adapt their skills and learn the etiquette and protocols of the wedding space.Consistency and quality control are essential for maintaining a strong brand. Vet your clients and take on gigs that represent your brand bestMake your own music edits to stay excited about the music you playAlways have something to look forward to outside of workTake care of your health and wellness through exercise and eating rightDelegate tasks to others to focus on your strengthsConsistency is key in branding and all aspects of your businessResourceshttps://blueprintlearn.com/resources/https://www.patreon.com/djalexnepa
8 Advanced Ways to Expand
Sep 4 2024
8 Advanced Ways to Expand
SummaryIn this episode, David Osborne discusses advanced ways to expand a company, focusing on eight strategies: corporate owned expansion, satellite offices, joint ventures/partnerships, franchising, white labeling, mergers and acquisitions, strategic alliances, and licensing. He explains the benefits and challenges of each strategy and emphasizes the importance of having a solid foundation before considering expansion.TakeawaysThere are multiple advanced strategies to expand a company, each with its own benefits and challenges.Before considering expansion, it is crucial to have a solid foundation in recruiting, training, systems, processes, sales, branding, and lead generation.Corporate owned expansion involves opening new offices or branches that are run by the company itself, allowing for full control over operations and brand standards.Satellite offices are additional locations that operate under the same brand but have a general manager who reports to the company's owner or CEO.Joint ventures and partnerships involve sharing resources, risks, and profits with another person or company to enter a specific market.Franchising allows for rapid expansion by granting the right to use a brand name, products, and business systems to franchisees in exchange for fees and royalties.White labeling involves partnering with another company to provide products or services under their brand name, while the company providing the service remains behind the scenes.Mergers and acquisitions involve merging with or acquiring another company to quickly scale the brand and market presence, but it requires cultural alignment and may result in limited control over operations.Strategic alliances and subbing out involve forming alliances with other businesses to co-market or co-develop products, but there is less control over the quality of the service provided.Licensing allows another company or person to use a brand name and intellectual property in exchange for a licensing fee, providing less operational involvement and lower initial costs.Each expansion strategy requires careful consideration and evaluation of the level of control, financial investment, and potential risks and rewards.Free Resourceshttps://blueprintlearn.com/resources/
Putting out fires
Jul 10 2024
Putting out fires
Summary⭐️ In this episode, David Osborne discusses the role of a general manager in a multi-op DJ company and shares insights on how to put out fires quickly and prevent them in the first place. He highlights common fires that need to be put out, such as staffing issues, negative reviews, billing errors, supply chain problems, employee conflicts, cash flow shortages, emergency expenses, automated message errors, and miscommunication between sales and delivery. ⭐️ David then introduces the ABCDE framework for problem-solving, which involves assessing the situation, breaking down the problem, considering solutions, deciding on a course of action, and executing and evaluating the solution. Finally, he provides tips for preventing fires, including proactive planning, regular checkpoints, systematized training, efficient processes, and robust systems.TakeawaysA general manager plays a crucial role in a multi-op DJ company, managing daily operations and ensuring that client expectations are met and exceeded.Common fires that need to be put out in a multi-op include staffing issues, negative reviews, billing errors, supply chain problems, employee conflicts, cash flow shortages, emergency expenses, automated message errors, and miscommunication between sales and delivery.The ABCDE framework for problem-solving involves assessing the situation, breaking down the problem, considering solutions, deciding on a course of action, and executing and evaluating the solution.To prevent fires, focus on proactive planning, regular checkpoints, systematized training, efficient processes, and robust systems.Working on your business and implementing healthy systems and processes can help prevent most fires in a multi-op DJ company.Free Resources https://blueprintlearn.com/resources
Chad Blackburn [Karaoke Kickstart]
Jun 19 2024
Chad Blackburn [Karaoke Kickstart]
SummaryChad Blackburn, owner of Almost Famous Entertainment, shares his journey of building a successful multi-op karaoke company. He started out as a karaoke host, going door to door in San Diego to find gigs. Over the years, he expanded his services to include DJing, trivia, and photo booths, growing Almost Famous into a multifunctioning entertainment brand. Chad emphasizes the importance of hard work, putting yourself out there, and being different in the karaoke industry. He also discusses the qualities he looks for in his hosts and the unique energy and concert-like vibe they bring to their shows. Chad shares tips for success in the karaoke business, including being innovative with equipment and creating a memorable experience for singers. He also talks about his recent venture into the wedding industry with the acquisition of Diamond Entertainment.TakeawaysBuilding a successful multi-op karaoke company requires hard work, putting yourself out there, and being innovative.Creating a memorable experience for singers and being different from other karaoke shows can set you apart.Finding hosts with outgoing personalities and a passion for singing and entertaining is crucial.Scaling down equipment to fit in any vehicle and focusing on the essentials can make setup and transportation easier.Expanding into new markets, such as the wedding industry, can provide new opportunities for growth.Free Resourceshttps://blueprintlearn.com/resources/Chad's Karaoke Coursehttps://blueprintlearn.com/product/karaoke-kickstart/