Logo
    Search

    QFF 25+ years of giving financial advice. Now helping small-medium business owners raise capital by taking advantage of debt; leveraging it and generating a return for businesses to grow. (Tom McMeekin)

    enOctober 27, 2022

    About this Episode

    For this week’s episode, Michael interviews Tom McMeekin. He’s a financier, debt adviser, coach & strategist, and Tom is based in Hobart, Tasmania, Australia. Tom gets what it takes to be a banker, his experience and certifications will vouch for his reputation.

    In the past 25 years, Tom specialized in assisting small-medium business owners, specifically in working capital and debt funding. Tom focuses on the mastery of cash flow, that before business owners will embark on a change, they have to make sure that the cash flow is sufficient.

    The reason things don’t usually go as planned and that there hasn’t been a project that didn’t have complications. However, with a cash flow plan paired with clever leverage of debt you can “plan for the worst but expect the best.”

    This Cast Covers:

    • Generating capital through debt funding.
    • Understanding cash requirements for each business goal.
    • Seeing business as a team sport.
    • Outsourcing a particular problem if you’re not equipped for it.
    • Keeping in mind capitalization whilst making growth objectives.
    • Generating income from the debt made.
    • Not forgetting the last thing, which is taxes.
    • Monitoring the balance sheet.
    • Mastery of cash flow.

    Links: 

    Additional Resources:

     


     

    Quotes:

    “Quite often people will come up with a good idea or have some ideas that they're trying to execute, but not understand the cash requirements for each one.” — Tom McMeekin.

    “If you don't have the skill, it's not a particular problem, you need to outsource it.” — Tom McMeekin.

    “Spending time building out those forecasts with the right people on your team, I think is critical.” — Tom McMeekin.

    “You can plan for the worst but expect the best.” — Tom McMeekin.

    “If you're leveraging to generate income, who cares how much debt you've got.” — Tom McMeekin.

     


     

    Music from https://filmmusic.io “Cold Funk” by Kevin MacLeod https://incompetech.com. License: CC by http://creativecommons.org/licenses/by/4.0 

    Recent Episodes from Grow A Small Business Podcast

    From Zero to 7 figures: Migration Unity's Unveiled Growth Secrets. Discover Proven Tactics that Transformed a Small Business into a Revenue Powerhouse. A Guide to Scaling Success – Unlock the Keys to a 10x Boost in Your Business. (Scott Brennan)

    From Zero to 7 figures: Migration Unity's Unveiled Growth Secrets. Discover Proven Tactics that Transformed a Small Business into a Revenue Powerhouse. A Guide to Scaling Success – Unlock the Keys to a 10x Boost in Your Business. (Scott Brennan)

    In today's episode, host Troy explores the phenomenal success of Scott Brennan, Co-founder of Migration Unity, as he shares how his business achieved a remarkable $2 million in revenue. Gain exclusive insights into the strategies that propelled this growth, offering invaluable lessons for small business owners. Join us for an inspiring conversation with Scott on navigating the path to financial triumph in the immigration industry. Scott mentioned their Net Promoter Score (NPS) is an outstanding 100. Here's an article detailing the steps to compute your NPS on Grow a small business website.

    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.

    Troy 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.

    Furthermore, Troy introduces the Marketing Funding Flywheel eBook, a comprehensive manual on constructing your own revenue-generating marketing mechanism in 2024.


    And a snapshot of the final five Grow A Small Business Questions:

    1. Hardest Challenges in Growing a Small Business:
      Scott highlights the difficulty of wearing multiple hats and the importance of focusing on tasks that truly move the needle for growth.

    2. Favorite Business Books:
      Scott recommends "The E-Myth" and "100 Million Leads" by Alex Hormozi, emphasizing the importance of continual learning and problem-solving.

    3. Top Podcasts and Learning Tools:
      Scott's go-to podcasts include "Diary of a CEO" and "Grow a small business Podcast" along with regular reading and YouTube for professional development.

    4. Recommended Tool for Small Business Growth:
      Scott suggests using a CRM like Active Campaign to organize data and streamline communication, essential for remote teams.

    5. Advice for Starting Out:
      Scott advises his past self to stay calm, not overthink, and focus on the present, knowing that things will work out along the way.

     

    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!

    Enjoyed the podcast? Please leave a review on iTunes or your preferred platform. Your feedback helps more small business owners discover our podcast and embark on their business growth journey.

     


     

    Quotable quotes from our special Grow A Small Business podcast guest:

    Building a sustainable culture is about celebrating wins, supporting each other, and creating a work environment that feels more like a team than a workplace – Scott Brennan

    Professional development isn't just about work hours; it's a lifestyle. Consistent learning, whether at the gym or in spare time, fuels personal and business growth – Scott Brennan

    A key takeaway in recruitment is asking the right behavioral questions; it's essential to understand if a candidate is the right fit beyond what's on their CV – Scott Brennan

     


     

     

    Revolutionizing Auto Industry: Founder of Cooper Automotive, Unveils Proven Strategies! Expertise in Data-Driven Growth Led to over $10 million Revenue, 10 Stores, and Remarkable Achievements. Dive into Success Stories Now. (Mark Cooper)

    Revolutionizing Auto Industry: Founder of Cooper Automotive, Unveils Proven Strategies! Expertise in Data-Driven Growth Led to over $10 million Revenue, 10 Stores, and Remarkable Achievements. Dive into Success Stories Now. (Mark Cooper)

    In this episode, join Michael in a conversation with Mark Cooper, the visionary Founder of Cooper Automotive. Mark, with a stellar over $10 million revenue and a proven track record of 10 successful stores, offers invaluable insights into data-driven growth strategies in the auto industry. Uncover the secrets behind his remarkable achievements and gain inspiration for your small business journey.

    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:

    1. What do you think is the hardest thing in growing a small business?

      The hardest thing in growing a small business is the realization that it becomes a lifestyle, not just a job. The constant 24/7 commitment means you're always immersed in it, even when you're not physically there. Additionally, securing the necessary cash flow to fuel business growth presents a significant challenge, especially in the initial stages.

    2. What's your favorite business book that has helped you the most?

      Mark's top two favorite business books are "Losing My Virginity" by Richard Branson and "The E Myth" by Michael E. Gerber. "Losing My Virginity" was incredibly inspiring and motivated me on my entrepreneurial journey, while "The E Myth" helped me understand the fundamentals of business, especially as someone who ventured into entrepreneurship without prior experience.

    3. Are there any great podcasts or online learning resources you'd recommend to help grow a small business?

      I highly recommend the "Take the Lead" podcast and the "Business Buying Strategy" podcast by Jonathan Jay. Both provide valuable insights and strategies for business growth and development.

    4. What tool or resource would you recommend to grow a small business?

      Utilizing a dashboard of key metrics is essential for monitoring business performance. Whether it's through Power BI or any other program, it's crucial to identify and monitor the key drivers of your business consistently.

    5. What advice would you give yourself on day one of starting out in business?

      Looking back, I would advise myself to invest time in learning about business fundamentals before diving into entrepreneurship. Understanding basic concepts like reconciling bank accounts can save a lot of hassle in the long run. So, my advice would be to read up on business or take some courses before starting a business venture.

    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!

    Enjoyed the podcast? Please leave a review on iTunes or your preferred platform. Your feedback helps more small business owners discover our podcast and embark on their business growth journey.

     


     

    Quotable quotes from our special Grow A Small Business podcast guest:

    Make decisions based on data and facts, not just gut feelings – Mark Cooper

    Health comes first; without energy and focus, business suffers – Mark Cooper

    Invest in personal development; it's a key to success in business – Mark Cooper

     


     

     

    QFF: Striking the Business Chords: Embark on a journey of success and wisdom with music-driven healing solutions. Discover achievements and expertise, unveiling transformative pathways to well-being. (Susan Mazer)

    QFF: Striking the Business Chords: Embark on a journey of success and wisdom with music-driven healing solutions. Discover achievements and expertise, unveiling transformative pathways to well-being. (Susan Mazer)

    In less than 20 minutes a week, we'll introduce you to an expert or business owner with deep experience in what they do. Grow you, grow your team, grow a small business.

    Welcome to the "Grow a Small Business" podcast with your host, Rob Cameron. In this episode, Rob interviews Susan E. Mazer from Healing Health, based in Reno, Nevada, United States.

    In this episode, Susan Mazer shares insights from her journey in music-driven healing solutions. Her business focuses on creating harmonious environments in healthcare settings, utilizing music to enhance patients' well-being. Through a mission-driven approach and a commitment to employee satisfaction, Susan's business has achieved success while prioritizing the holistic healing of patients.

    Key Takeaways for Small Business Owners:


    Origins of Business: Susan Mazer's journey began unexpectedly, evolving from a successful music career into a unique business. Rather than actively seeking a market gap, she responded to a need presented by nurses and hospitals, aiming to enhance patients' well-being through music.

    Mission-Driven Approach: The business's foundation is deeply rooted in a mission-driven mindset. Mazer emphasizes the importance of understanding that success stems from fulfilling a purpose, not just chasing monetary gains. This mission-focused approach has guided the business for over two decades.

     

    Responsive Business Growth: The business grew organically by responding to identified needs within the healthcare sector. Mazer discusses how they expanded their services based on requests from hospitals, adapting to the unique challenges of each healthcare environment.

    Our hero crafts outstanding reviews following the experience of listening to our special guests. Are you the one we've been waiting for?

     

    Culture and Employee Focus: Mazer highlights the critical role of culture in the company's success. With a clear mission, they built a culture where employees are valued and treated like gold. By providing benefits, secure employment, and ensuring employees felt appreciated, the company fostered a loyal and dedicated team.

     

    Learning from Mistakes: Mazer shares an insightful example of a challenge faced during a hospital sound system installation. Despite setbacks, taking responsibility, making it right, and avoiding blame proved crucial. This experience turned into a positive, long-lasting client relationship and contributed to the company's growth.

     

    Treating Employees as Assets: In a small business, the owner must recognize the value of highly skilled employees. Offering benefits, paying competitive wages, and prioritizing employee well-being fosters a sense of security and loyalty.

    One action small business owners can take:

     

    Small business owners can prioritize employee satisfaction and well-being, treating them as invaluable assets. By fostering a culture of respect, offering benefits, and providing opportunities for growth, businesses can cultivate a loyal and dedicated team, ultimately contributing to long-term success, as advocated by Susan Mazer.

     

    Do you have 2 minutes every Friday? Sign up to the Weekly Leadership Email. It's free and we can help you to maximise your time.

    Enjoyed the podcast? Please leave a review on iTunes or your preferred platform. Your feedback helps more small business owners discover our podcast and embark on their business growth journey. 👇

     


     

    Quotable quotes from our special Grow A Small Business podcast guest:

    Take responsibility, make it right, and avoid blaming others for challenges in your business journey – Susan Mazer


    In a small company, treat your employees like gold; they are giving you their best – Susan Mazer

    Culture is inevitable; either respond to it or design it consciously in your business – Susan Mazer

     


     

     

    Small Business Triumphs Unveiled: From Franchise Leader to Solo Venture. Unearth Strategies for a $X Million Revenue, Navigate Entrepreneurship, and Master the Art of Small Business Success. (Pete Kusiak)

    Small Business Triumphs Unveiled: From  Franchise Leader to Solo Venture. Unearth Strategies for a $X Million Revenue, Navigate Entrepreneurship, and Master the Art of Small Business Success. (Pete Kusiak)

    In this episode, Troy delves into the 15-year entrepreneurial journey of Pete Kusiak, Founder of The Fun First Strategy. Experience the evolution of a flourishing franchise with 35 team members to author/solo-prenuer. Discover insights on small business triumphs, revenue tactics, and seasoned wisdom from a business growth expert. Additionally, Pete unveils his latest book, "Drop the F-Bomb in Your Business: With The Fun First Strategy," launched in January.

    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.

    Troy 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:

    1. Challenges in Growing a Small Business: Pete emphasized the importance of avoiding undercapitalization. He stressed the need for adequate financial resources to achieve business goals effectively.

    2. Most Impactful Book: Pete highlighted "Profit First" as a transformative read, especially during challenging times like recessions and pandemics. The book's focus on profitability mindset greatly benefited Pete, particularly as someone not naturally inclined towards numbers.

    3. Professional Development Tools: While Pete wished for more resources, he personally finds inspiration and guidance through faith-based devotions, constantly seeking ways to align his actions with his beliefs.

    4. Recommended Tool for Business Growth: Pete underscored the necessity of a robust business plan tailored to specific revenue goals and KPIs. He emphasized the need for a practical, actionable plan influenced by organizational culture and individual experiences.

    5. Advice to Young Entrepreneurs: Reflecting on his journey, Pete advised prioritizing enjoyment and not stressing over every challenge. He encouraged entrepreneurs to maintain perspective, prioritize laughter, and remember their initial motivations for starting a business.

    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!

    Enjoyed the podcast? Please leave a review on iTunes or your preferred platform. Your feedback helps more small business owners discover our podcast and embark on their business growth journey.

     


     

    Quotable quotes from our special Grow A Small Business podcast guest:

    Prioritize fun and laughter in your entrepreneurial journey – Pete Kusiak

    Work-life balance is key to workplace happiness and productivity – Pete Kusiak

    Infuse unique experiences into your interview process to find the right cultural fit – Pete Kusiak


     

     

    From Zero to a Billion: Explore growth strategies from Fairhaven Wealth Management's founder! Witness small businesses thriving under Fair Haven Wealth Management, now managing $1B+ in assets, a journey of strategic brilliance. (Marc Horner)

    From Zero to a Billion: Explore growth strategies from Fairhaven Wealth Management's founder! Witness small businesses thriving under Fair Haven Wealth Management, now managing $1B+ in assets, a journey of strategic brilliance. (Marc Horner)

    In this episode, host Troy engages with Marc Horner, the visionary mind behind Fair Haven Wealth Management, a success story boasting over a billion dollars in assets. Join the conversation to unlock insights on strategic growth, financial mastery, and the invaluable experience of navigating the challenges of small business development.

    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.

    Troy 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:

    1. The hardest challenges in growing a small business, as described by Marc Horner, include overcoming the initial leap into entrepreneurship, maintaining work-life balance, and navigating the transition from a small team to a larger organization. Additionally, ensuring sustainable growth while retaining a strong company culture and effectively managing sales and client relationships are key challenges faced by small business owners like Marc Horner.

    2. Marc Horner's favorite business book, as mentioned in the podcast, is "Grit" by Angela Duckworth. He values the concept of grit and perseverance in achieving success, emphasizing the importance of determination over intelligence or patterns.

    3. Marc Horner mentioned in the podcast that he reads a lot for his professional development. Specifically, he highlighted the book "The Obstacle is the Way" by Ryan Holiday, an offshoot of Marcus Aurelius' thinking. This book, along with others in the stoic philosophy space, contributes to his continuous learning and personal growth.

    4. Marc Horner emphasizes the pivotal role of effective client relationships and the continual focus on sales as indispensable tools for sustained business growth. Additionally, he highlights the importance of flexibility and freedom in decision-making to foster a thriving small business.

    5. On day one of starting out in 2015, Marc Horner would likely tell himself, "Well done. You've embarked on a journey of challenges and triumphs, discovering the unknowns of entrepreneurship. Brace yourself for the ride ahead."

    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!

    Enjoyed the podcast? Please leave a review on iTunes or your preferred platform. Your feedback helps more small business owners discover our podcast and embark on their business growth journey.

     


    Quotable quotes from our special Grow A Small Business podcast guest:

    In small business, that first jump is a big deal; overcoming the fear of the unknown is the key to success – Marc Horner

    Don't underestimate the value of freedom and the ability to do what you want when you want in the entrepreneurial journey – Marc Horner

    Client relationships are with you, not the organization; the logo is a symbol, but personal connections drive business success – Marc Horner

     


     

     

    QFF: Empowering Small Businesses: Unlocking Success - Mastering Sales, Shifting Mindsets, and Unveiling a Powerful Tool for Transformation! Gain Valuable Insights and Implementable Tactics from an Executive Business Coach & Speaker. (Dan Gordon)

    QFF: Empowering Small Businesses: Unlocking Success - Mastering Sales, Shifting Mindsets, and Unveiling a Powerful Tool for Transformation! Gain Valuable Insights and Implementable Tactics from an Executive Business Coach & Speaker. (Dan Gordon)

    In less than 20 minutes a week, we'll introduce you to an expert or business owner with deep experience in what they do. Grow you, grow your team, grow a small business.

     

    Welcome to the "Grow a Small Business" podcast with your host, Rob Cameron. In this episode, Rob interviews Dan Gordon from Dan Gordon Enterprise, based in Los Angeles, California, United States.

    In this episode host Rob Cameron chats with renowned coach Dan Gordon about the transformative power of coaching, especially in sales. Discover how coaching differs from therapy and mentoring, and explore Dan's innovative tool, New Calm, for stress relief and focus. Learn the key to fostering deep relationships for business success and connect with Dan on LinkedIn for more insights and resources, including a free ebook on closing sales effortlessly.

    Key Takeaways for Small Business Owners:

    Courageous Transformation: Embrace courageous transformations in both personal and business realms.

    Sales Training for Personal Growth: Sales interactions are mirrors reflecting personal struggles.

    Selective Clientele for Impactful Coaching: Select clients seeking significant shifts in their overall lives, not just business success.


    Our hero crafts outstanding reviews following the experience of listening to our special guests. Are you the one we've been waiting for?


    Individualized Coaching Approach: Tailor coaching to individual struggles, recognizing each person's unique journey.

    Responsibility for Client Success: Adapt coaching methods if clients aren't progressing, ensuring personalized and effective support.


    Revolutionary Stress Reduction with New Calm: Introduce groundbreaking stress reduction with binaural beats from New Calm. Offer a free 14-day trial for improved sleep, stress relief, focus, and performance optimization.

    One action small business owners can take:

    Cultivate a mindset of being uniquely interested in others. Instead of focusing solely on self-promotion, turn conversations towards understanding the experiences, struggles, and goals of those around you. Actively listen and engage with sincerity. By prioritizing the needs of others, you not only build deeper connections but also gain valuable insights that can contribute to both personal and business success.


    Do you have 2 minutes every Friday? Sign up to the Weekly Leadership Email. It's free and we can help you to maximise your time.

    Enjoyed the podcast? Please leave a review on iTunes or your preferred platform. Your feedback helps more small business owners discover our podcast and embark on their business growth journey. 👇

     


     

    Quotable quotes from our special Grow A Small Business podcast guest:

    Being uniquely interested in other people will always move you forward faster than trying to get people uniquely interested in you – Dan Gordon

    Entrepreneurs need human interaction; books and videos are great, but coaching unveils the emotional reactions shaping success – Dan Gordon

     

    Success isn't just about knowing your business; it's about the courage to challenge your beliefs and transform your life – Dan Gordon


     

    Empower Growth: Explore expert strategies and success stories, delve into growth pillars, hiring insights, and building a resilient culture with the visionary behind Allies Management. Enhance your business journey with invaluable insights. (Kayla Malss)

    Empower Growth: Explore expert strategies and success stories, delve into growth pillars, hiring insights, and building a resilient culture with the visionary behind Allies Management. Enhance your business journey with invaluable insights. (Kayla Malss)

    In this episode, Troy engages with Kayla Malss, the brilliant mind behind Allies Management, unraveling the secrets to small business success. Discover actionable growth tactics, hiring strategies, and the keys to fostering a resilient company culture. Whether you're a seasoned entrepreneur or a novice, this conversation provides invaluable insights to elevate your business endeavors.

    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.

    Troy 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:

    1. According to Kayla Malss, the hardest challenge in small business growth is time management. This is a common struggle for many entrepreneurs, as they juggle various responsibilities and tasks while trying to scale their businesses. 

    2. Kayla Malss mentioned that her favorite business book is "Shoe Dog." This book is a memoir by Phil Knight, the co-founder and former CEO of Nike. It provides insights into the challenges and triumphs of building a global brand and the entrepreneurial journey of creating one of the most iconic companies in the world.

    3. Kayla shares "No Bullshit Leadership" and "My Marketing Playbook" for business insights. For personal finance and business tips, she recommends "My Millennial Money” and grow a small business podcast

    4. Kayla highly recommends Asana for task management. It has revolutionized their workflow, making it easier to stay organized and productive.

    5. On day one of starting out, Kayla Malss would advise: "Prepare to be humbled, but also, you've got this. Just keep going.

    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!

     

    Enjoyed the podcast? Please leave a review on iTunes or your preferred platform. Your feedback helps more small business owners discover our podcast and embark on their business growth journey.

     


     

    Quotable quotes from our special Grow A Small Business podcast guest:

     

    Approach challenges with self-awareness and complete neutrality to foster growth – Kayla Malss


    Balance intense work periods with self-care, exercise, and maintaining mental health – Kayla Malss

    Invest in personalized professional development for authentic leadership growth – Kayla Malss

     


     

     

    Explore CEO's journey from 0 to 15 team members in 3 yrs, $4.6M seed funding, advisor Dr. Matthew Knowles PhD. Actionable advice on marketing, Gen Z engagement, partnerships, capital raising, and work-life balance for rapid business growth. (Mark John)

    Explore CEO's journey from 0 to 15 team members in 3 yrs, $4.6M seed funding, advisor Dr. Matthew Knowles PhD. Actionable advice on marketing, Gen Z engagement, partnerships, capital raising, and work-life balance for rapid business growth. (Mark John)

    In this episode, Troy interviews Mark John, CEO and founder of Australian edtech startup frntlne. Mark, a serial entrepreneur since childhood, shares his journey across various industries. He discusses how his dissatisfaction with retail experiences led to frntlne's inception in 2021. Since then, he's grown it into a 15-member team, securing notable clients like Coles, L’Oreal, and Ryanair. In 2023, Mark successfully raised $4.6 million in seed funding and assembled an impressive advisory board, including Dr. Mathew Knowles PhD, known for shaping the careers of Beyoncé and Solange.

    The discussion covers marketing, partnerships, and work-life balance, offering practical guidance for time-constrained entrepreneurs pursuing swift business expansion.

    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.

    Troy 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:

    1. According to Mark John, the most challenging aspect of growing a small business is resource allocation in the face of changing conditions. Adapting swiftly to market changes and ensuring that resources align with evolving needs pose significant hurdles for entrepreneurs.

    2. Mark John's favorite business book is "The Subtle Art of Not Giving a F*ck." This unconventional guide emphasizes embracing challenges, being selective about concerns, and taking responsibility for personal happiness.

    3. Mark John mentions "This Week in Startups" hosted by Jason Calacanis as his main go-to for professional development. He appreciates the intelligent content and insights shared on the podcast. Additionally, he stays updated with industry news through sources like TechCrunch, Verge, and Business Insider, enhancing his knowledge in business and technology.

    4. Mark John recommends three influential tech tools for small business growth: Canva for visual communication and idea sharing, Otter as a transcribing tool, and Slack for efficient team communication. These tools contribute to productivity and effective collaboration within the business.

    5. Mark John advises himself on day one of starting out to trust his instincts and go with the gut feeling, emphasizing the importance of experience and learning from it. He suggests listening to the inner voice, acknowledging the wisdom gained over time, and allowing that knowledge to guide decisions and actions in the entrepreneurial journey.

    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!

    Enjoyed the podcast? Please leave a review on iTunes or your preferred platform. Your feedback helps more small business owners discover our podcast and embark on their business growth journey.

     


     

    Quotable quotes from our special Grow A Small Business podcast guest:

    In the fast-paced world of startups, resilience is your greatest asset; get up, fight, and creatively solve problems at scale – Mark John


    Success isn't just about the destination; it's about finding joy in the little wins and the steps that lead to the ultimate goal – Mark John


    Effective partnerships and assembling the right team are the twin engines that propel a business forward – Mark John

     


     

     

    QFF: Discover the success narrative of MicroChilli: A Journey Towards Triumph. Explore the validated strategies and milestones that have paved the path for small business prosperity. (Sharon Crombie)

    QFF: Discover the success narrative of MicroChilli: A Journey Towards Triumph. Explore the validated strategies and milestones that have paved the path for small business prosperity. (Sharon Crombie)

    In less than 20 minutes a week, we'll introduce you to an expert or business owner with deep experience in what they do. Grow you, grow your team, grow a small business.

    Welcome to the "Grow a Small Business" podcast with your host, Troy Trewin. In this episode, Troy interviews Sharon Crombie from microchilli, based in Melbourne, Victoria, Australia.

    In today's episode, Troy engages in an interview with Sharon Crombie from MicroChilli, delving into the transformative aspects of a business growth program. They emphasize the significance of a 10-year financial model in strategic human resource planning and attaining significant growth. The conversation encompasses topics such as surmounting obstacles, nurturing work-life equilibrium, and acquiring invaluable insights for enduring prosperity.

    Key Takeaways for Small Business Owners:

    Strategic Financial Modeling: Utilizing a 10-year financial model is essential for planning and achieving growth goals, providing a clear roadmap for small business success.

     

    Human Resource Planning: Strategic HR planning, specifically understanding the types of employees needed at different stages, is crucial for effective decision-making and resource management.

     

    Work-Life Balance: Prioritizing work-life balance is integral to achieving sustainable success, with a focus on saying no to tasks that don't align with business goals and values.


    Our hero crafts outstanding reviews following the experience of listening to our special guests. Are you the one we've been waiting for?

     

    Leadership Skills: Building leadership skills is foundational to business growth, emphasizing the need for confident and effective communication to foster team morale and productivity.

     

    Learning from Feedback: Acknowledging the importance of direct feedback and letting go of ego is vital for understanding the team's sentiments and continuously improving business culture.

     

    Continuous Professional Development: Incorporating daily professional development through reading books and listening to podcasts enhances business knowledge and fosters a mindset for continuous growth.


    One action small business owners can take:

     

    One actionable advice from Sharon Crombie is for small business owners to invest time and effort in creating a 10-year financial model. This strategic financial planning tool serves as a roadmap, aiding in decision-making, resource management, and providing a clear path for achieving growth goals.

     

    Do you have 2 minutes every Friday? Sign up to the Weekly Leadership Email. It's free and we can help you to maximise your time.

     

    Enjoyed the podcast? Please leave a review on iTunes or your preferred platform. Your feedback helps more small business owners discover our podcast and embark on their business growth journey. 👇

     


     

    Quotable quotes from our special Grow A Small Business podcast guest:

     

    Having somebody input the financial model is crucial for turning ambitious goals into achievable milestones – Sharon Crombie

     

    Prioritizing work-life balance is key to sustained success, learning to say no to tasks misaligned with your goals – Sharon Crombie

     

    Letting go of ego is crucial for understanding and improving your business culture – Sharon Crombie

     


     

     

    Unlock Growth Potential: Gain wisdom from the founder of Writer Girl, a thriving business that has been operating successfully for 19 years with a team of 32 members and generating $8 million in revenue. Learn time-efficient methods. (Christy Pretzinger)

    Unlock Growth Potential: Gain wisdom from the founder of Writer Girl, a thriving business that has been operating successfully for 19 years with a team of 32 members and generating $8 million in revenue. Learn time-efficient methods. (Christy Pretzinger)

    In this episode, Troy interviews Christy Pretzinger, founder of Writer Girl, a successful venture with 32 team members and $8M revenue over 19 years. Discover Christy's invaluable insights on prioritizing people and culture for small business growth. Her thought leadership on sustainable business practices makes this episode essential for aspiring entrepreneurs.

     

    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.

     

    Troy explores our guest's entrepreneurial journey, their perspective on success, reevaluation of the industry, and the critical challenges faced during business expansion. The conversation delves into the pleasures of small business growth, essential entrepreneurial practices, and effective team-building strategies, encompassing successes, mistakes, and invaluable insights.

     

    And a snapshot of the final five Grow A Small Business Questions:

    1. Christy Pretzinger's toughest hurdle in small business growth was fearing significant mistakes impacting her team's lives, a common concern among entrepreneurs. This pressure stems from ensuring employees' financial stability and avoiding critical errors, necessitating resilience, strategic decisions, and fostering a thriving workplace.

    2. Christy Pretzinger's preferred business book is "How Will You Measure Your Life?" by a Harvard Business School professor. Although not strictly a business guide, it profoundly influenced her by prompting reflection on life goals, emphasizing the importance of intentional choices, especially for young professionals.

    3. Her podcast recommendations for professional development include "How I Built This," offering insights into successful business journeys; Brene Brown's podcast for personal development; and "Wiser Than Me" by Julia Louis-Dreyfus, focusing on the wisdom of older women. These podcasts cover diverse aspects of business and life, providing valuable perspectives for continuous growth.

    4. Christy Pretzinger emphasizes the significance of "Scaling Up" by Verne Harnish as an essential tool for small business growth. This comprehensive guide, utilized by Entrepreneurs Organization, offers practical strategies and systems for business expansion. Recommended for its structured approach, "Scaling Up" proves invaluable in navigating the complexities of scaling a small business.

    5. On day one of starting out, Christy advises new entrepreneurs to recognize the profound impact they will have on others' lives, fostering a ripple effect of positive change. Acknowledging this responsibility underscores the importance of prioritizing people and nurturing a supportive workplace culture. Christy's advice emphasizes the long-term significance of prioritizing people-first principles in entrepreneurship.

    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!

    Enjoyed the podcast? Please leave a review on iTunes or your preferred platform. Your feedback helps more small business owners discover our podcast and embark on their business growth journey.



    Quotable quotes from our special Grow A Small Business podcast guest:

    Building a business based on kindness is not only possible but crucial for long-term success – Christy Pretzinger

     

    Trust is a long game; nurturing a culture of trust is essential for employee retention and business growth – Christy Pretzinger

     

    Prioritizing people-first principles fosters a supportive workplace culture, driving sustainable business growth – Christy Pretzinger