The Six Key Parts of a Business

Donald Miller's new book, How to Grow Your Small Business Now is out now. Donald compares the six key parts of a business to the parts of an airplane. 65% of small businesses fail within 10 years because they don't know how to manage their overhead and operations properly. Hala Gorani: "Almost nobody is better suited to give you advice than Donald Miller"

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11 years ago, Donald Miller lost all of his life savings to a bad investment. After he decided to start taking 100% ownership of his life and business, everything changed. In this episode, Donald is back on YAP to focus on how to grow a small business! Donald will explain why we should think of our business as an airplane and why most small businesses today are failing. He will also break down how we can get ahead of missteps as business owners.

Donald Miller is an author, public speaker, and business owner who is widely considered one of the world's most entertaining and informative speakers. He is the CEO of Storybrand and the host of the Business Made Simple Podcast. He is also the author of several popular books, including the WSJ Best-seller Building a StoryBrand, and his most recent book How to Grow Your Small Business: A 6-Part Strategy to Help Your Business Take Off.

In this episode, Hala and Donald will discuss:

- Why businesses fail nowadays

- The “S” Curve

- How a business is just like an airplane

- Crafting the perfect mission statement

- The five types of meetings

- When to be financially transparent with your team

- The three types of leaders: the artist, the operator, and the entrepreneur

- The problem with traditional sales training

- Creating your follow-up email

- How to speak “in story”

- And other topics…

Donald Miller is the CEO of StoryBrand, an agency that has helped more than 10,000 organizations clarify their brand message, and Business Made Simple, an online platform that teaches business professionals everything they need to know to grow their business and enhance their value on the open market.

Donald is the host of the Business Made Simple podcast and the author of personal essays and books about faith, God, and self-discovery, including the bestsellers Building a StoryBrand, Marketing Made Simple, and Hero on a Mission. His most recent book, How to Grow Your Small Business: A 6-Part Strategy to Help Your Business Take Off, will give you a proven 6-step plan for growth so you can stop drowning in the details. Donald Miller currently lives and works in Nashville, Tennessee with his wife and daughter on their estate: Goose Hill.

Resources Mentioned:

Donald’s Website: https://businessmadesimple.com/

Donald’s LinkedIn: https://www.linkedin.com/in/donald-miller-540007124/

Donald’s Twitter: https://twitter.com/donaldmiller

Donald’s Instagram: https://www.instagram.com/donaldmiller/

Donald’s Facebook: https://www.facebook.com/donaldmillerwords

Donald’s Podcast Business Made Simple: https://podcasts.apple.com/us/podcast/business-made-simple-with-donald-miller/id1092751338?itsct=podcast_box&itscg=30200

Donald’s book How to Grow Your Small Business: A 6-Part Strategy to Help Your Business Take Off: https://www.amazon.com/How-Grow-Your-Small-Business/dp/1400226953/ref=sr_1_1?crid=3DU5BW20G0SAH&keywords=how+to+grow+your+small+business+donald+miller&qid=1679066588&s=books&sprefix=how+to+grow+your+small+business+donald+miller%2Cstripbooks%2C106&sr=1-1

Donald Miller: Be Your Own Hero | E153 https://podcasts.apple.com/us/podcast/donald-miller-be-your-own-hero-e153/id1368888880?i=1000549018819

Donald Miller: Storytelling for Business | E120 https://podcasts.apple.com/us/podcast/donald-miller-storytelling-for-business-e120/id1368888880?i=1000527069775

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