Mar 26, 2024
In this episode, Michael dives into an inspiring
conversation with Olivia
Carr, founder of Shhh
Silk, the eco-driven entrepreneur behind a $4M revenue
silk business. Join the dialogue on growth strategies, mindset
mastery, and eco-friendly triumphs as Olivia unveils the keys to
her business success. A must-listen for time-poor small business
owners seeking actionable insights from a sustainable business
leader.
Why would you wait any longer to start living the lifestyle you
signed up for? Balance your health, wealth, relationships and
business growth. And focus your time and energy and make the most
of this year. Let’s get into it by clicking here.
Michael delves into our guest's startup journey, their perception of success, industry reconsideration, 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?
Olivia Carr highlights cash flow management as the toughest aspect
of growing a small business. She emphasises the need for constant
attention to identify and address any leaks or blockages,
acknowledging that it's a perpetual challenge in the
entrepreneurial journey.
What's your favourite business
book that has helped you the most?
She mentions "The 4-Hour Workweek" as a pivotal business book that
significantly influenced her in the early days of her
entrepreneurial journey. The book, authored by Tim Ferriss, offers
insights on focus and working efficiently, aligning with Olivia's
emphasis on strategic and impactful efforts.
Are there any great podcasts or
online learning resources you'd recommend to help grow a small
business?
Olivia Carr recommends "Diary of a CEO" as a great podcast for
business owners. While not specifically focused on business, the
podcast features incredible guests, often delving into
mindset-related topics. Olivia highlights the importance of
addressing mindset challenges, emphasising the impact on business
growth.
What tool or resource would you
recommend to grow a small business?
Olivia Carr recommends exploring SMS and email marketing,
emphasising the significance of nurturing and retaining current
customers. She emphasises the importance of implementing systems to
engage with the existing customer base, as retaining customers is
more cost-effective than acquiring new ones.
What advice would you give
yourself on day one of starting out in business?
On day one of starting a business, Olivia Carr advises embracing
the long-term commitment, emphasising that building a business is a
marathon, not a sprint. She encourages aspiring entrepreneurs to
strap in, highlighting the importance of enduring dedication and
commitment, akin to a marriage where daily effort is required. Carr
stresses the need to align with one's purpose and emphasise the
journey's longevity.
Book a 20-minute Growth
Chat with Troy Trewin to see if you qualify for our upcoming
course. Don't miss out on this opportunity to take your small
business to new heights!
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business growth journey.
Quotable quotes from our special Grow A Small Business podcast guest:
Control the controllables; focus on what's within
your grasp every day – Olivia Carr
A morning routine is crucial; start the day
intentionally to boost energy and focus – Olivia Carr
Mentors provide accountability; you don't have a boss, but a
coach keeps you on track – Olivia Carr