Jul 21, 2024
In this episode of Grow a Small Business, host Troy Trewin interviews Andrew Miller of Growth Experts shares insights on scaling from a solo startup to a thriving agency with $500K in annual revenue and a 7-member team. He discusses the crucial role of strategic marketing, achieving work-life balance, and managing early-stage company growth. Tune in to learn about building a successful marketing foundation and navigating the challenges of growing a business.
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Troy delves into our guest's startup journey, their perception of
success, being a learner again when moving into a new industry, and
the pivotal stress point during business expansion. They discuss
the joys of small business growth, vital entrepreneurial habits,
and strategies for team building, encompassing wins, blunders, and
invaluable advice.
And a snapshot of the final five Grow A Small Business
Questions:
What do you think is the
hardest thing in growing a small business?
According to Andrew Miller, the hardest thing in growing a small
business is staying afloat and not giving up. He emphasises the
importance of persistence, launching with a Minimum Viable Product
(MVP), and having patience to avoid rushing through key steps in
the business development process.
What's your favourite
business book that has helped you the most?
Andrew Miller's favorite business book that has helped him the most
is “Emotional Intelligence” by Daniel Goleman. He finds it valuable
for understanding and improving empathy, which is crucial for
effective leadership and personal development.
Are there any great
podcasts or online learning resources you'd recommend to help grow
a small business?
Andrew Miller recommends using courses on Udemy, watching free
content on YouTube, and listening to audiobooks and podcasts. While
he doesn’t specify particular podcasts, he suggests focusing on a
few high-quality ones and leveraging online resources for ongoing
learning.
What tool or resource
would you recommend to grow a small business?
Andrew Miller recommends using the SEO tool SEOptimer for a free
audit of your website's SEO. Additionally, he suggests checking out
his book, which provides over 20 tools for SEO and more than 100
tools for free marketing resources.
What advice would you give
yourself on day one of starting out in business?
Andrew Miller advises himself on day one of starting out in
business to hire sooner. He emphasizes that while saving money is
important, hiring an employee can help bring in more clients and
achieve a better work-life balance. He reflects that optimizing for
work and money for too long took a toll on his health and
relationships.
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Quotable quotes from our special Grow A Small Business podcast guest:
Embrace empathy and patience—it pays dividends in business
and life – Andrew Miller
Balance is key: good sleep, nature, and exercise fuel
productivity – Andrew Miller
Start lean, listen to customers, and persist—patience is the
ultimate virtue – Andrew Miller