Jan 10, 2021
In this episode, I interview Trisha Cashmere, the Managing Director of The Healthy Body Company, an allied health professional services business that focuses on supporting its clients to be healthy and active through life. In 2013, Trisha quit corporate law to look after her sick child for a couple of years. In 2015, aged 42, she took over managing her husband’s physio practice and soon after added another site and then acquired a competitor with mixed results. From her experience with that acquisition, she always advises, “Don’t agree to hire everyone. Put them through a recruitment process and have a good shareholder’s agreement in place.”
Over five years, she grew sales 130% with more than 23% compound per annum. She grew the number of full-time employees from 8 to 19, soon to be 22, and funded the business through grants, bank loans, and profits. Trisha felt she had succeeded when she recently realized that they were doing very well and absorbed that fact. She believes that the hardest thing about growing a small business is time and money and says that the one thing she would tell herself on day one of starting out in business is, “It’s a marathon. Not a sprint. And the to-do list will never be finished” Stay tuned to gain from Trisha’s small business ownership wisdom.
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Music from https://filmmusic.io
"Cold Funk" by Kevin MacLeod (https://incompetech.com). License: CC
BY (http://creativecommons.org/licenses/by/4.0/