Dr. Finance Live Podcast Episode 85 - Rick Sedler Interview - Top Luxury Magazines CEO | Publisher

(Originally aired 11/3/22): https://www.youtube.com/watch?v=05iqjEiRA48

This is Episode 85 of the Dr. Finance® Live Podcast hosted by Dr. Anthony M. Criniti IV (aka “Dr. Finance®”). Dr. Criniti interviewed Rick Sedler, luxury magazines owner & publisher, CEO, luxury expert, former Robb Report publisher.

As President/CEO and founder of RMS Media Group, Richard Sedler is responsible for managing and directing the company's publishing operations as well as their Luxury Media Buying business. RMS Media Group launched several successful niche market publications including Moves Magazine, OT Magazine for Professional Athletes, Ocean home magazine and their publishing services division has exclusive agreements with numerous custom publications that serve the affluent market including the official owners’ publications for Jaguar, Mercedes, Lexus, Ferrari and Bentley.

Rick’s experience covers over 30 years of management and executive positions in the luxury publishing industry. Rick joined Robb Report Magazine in 1984, and acted as Associate Publisher, Publisher and SVP. Rick was the leading force behind the success of Robb Report's phenomenal advertising revenue growth during that period.

Prior to forming RMS Media Group, Rick was Founding Publisher of Elite Traveler, the number one luxury travel magazine distributed exclusively on private jets.

Specialties: Luxury media publishing, digital, competitive analysis, sales, marketing, branding, acquisition, media buying.

0:00 - 1:05:48 - Podcast welcome and Rick Sedler's story
1:05:49 - 1:06:29 - Overview of books
1:06:30 - 1:15:47 - About Rick’s Magazines: Northshore Magazine, Luxury Pools Magazine, Ocean Home magazine
1:15:48 - 1:25:42 - About the magazine industry
1:25:43 - 1:33:44 - About Robb Report
1:33:45 - 1:38:56 - From the book The Survival of the Richest: “Luxury has no place in pure survival” (p. 146). Thoughts?
1:38:57 - 1:42:42 - Do we need luxuries?
1:42:43 - 1:45:04 - Does owning luxuries make someone successful?
1:45:05 - 1:51:46 - What luxuries do rich people spend their money on the most?
1:51:47 - 1:55:06 - What is a typical day for a publisher like?
1:55:07 - 1:59:30 - How do you get on the front cover of a magazine?
1:59:31 - 2:06:56 - What are your top 3 observations made about how rich people spend their money?
2:06:57 - 2:10:09 - What do you think about Clubhouse?
2:10:10 - 2:10:32 - Can 1 book change the world?
2:10:33 - 2:11:23 - What role has networking played in your life?
2:11:24 - 2:15:08 - Is mentoring important? Who are some of your mentors?
2:15:09 - 2:15:52 - What are your favorite financial books?
2:15:53 - 2:17:34 - Do we need money to survive?
2:17:35 - 2:19:09 - Is finance necessary for everyone? Why or why not?
2:19:10 - 2:22:19 - How important is having a purpose in business? What is your purpose?
2:22:20 - 2:23:36 - What would you like to accomplish in the next 10 years or so? Why?
2:23:37 - 2:25:14 - What would you like to be your legacy to this world?
2:25:15 - 2:29:10 - Wrap up thoughts and Outro

Dr. Anthony M. Criniti IV (aka “Dr. Finance®”) is the world's leading financial scientist and survivalist. A fifth generation native of Philadelphia, Dr. Criniti is a former finance professor at several universities, a former financial planner, an active investor in diverse marketplaces, an explorer, an international keynote speaker, and has traveled around the world studying various aspects of finance. He is an award winning author of three #1 international best-selling finance books: The Necessity of Finance (2013), The Most Important Lessons in Economics and Finance (2014), and The Survival of the Richest (2016). Dr. Criniti is also the host of the highly successful Dr. Finance® Live Podcast as well as one of the top hosts on Clubhouse. Dr. Criniti has started a grassroots movement that is changing the way that we think about economics and finance.

For more information about Doctor Finance, please visit https://DrFinance.Info.

Disclaimer: This Podcast is for informational purposes only. It is presented with the understanding that the author(s) and the publisher(s) are not engaged in providing financial, legal, or other professional services. If financial, legal, or any other form of advice is needed, please consult a financial advisor, an attorney, or another professional advice-giving entity.

Also, the opinions and views expressed by any guests on this Podcast do not necessarily represent the opinions and views of Dr. Finance® or its affiliates.

Copyright © 2021 to Present by Dr. Anthony M. Criniti IV - All Rights Reserved.