Grow A Small Business Podcast Building Golf Trak: How Igor Scaled His Business to Success with a Dedicated Team, Achieved Multiple Exits, and Shares the Surprising Key to Thriving Through Challenges – A Must Hear for Entrepreneurs Looking to Grow. (Episode 584 - Igor Vainshtein)
In this episode of Grow a Small Business, host Troy Trewin interviews Igor Vainshtein, founder of Golf Trak, shares his remarkable journey of scaling his business and achieving multiple successful exits. He opens up about the ups and downs, the power of persistence, and how embracing challenges helped him grow. Igor also highlights the importance of building a strong team and finding happiness in the process rather than just the destination. 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:
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What do you think is the hardest thing in growing a small business? Igor Vainshtein believes that one of the hardest things in growing a small business is embracing and enduring the constant challenges and uncertainties along the way. He highlights the importance of finding joy in the process, especially in dealing with the pain and setbacks that come with building a business. According to Igor, learning to accept and thrive through these difficulties, rather than focusing solely on the end result, is crucial for long-term success and personal growth.
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What's your favourite business book that has helped you the most? Igor Vainshtein's favorite business book is "The Hard Thing About Hard Things" by Ben Horowitz. He appreciates its candid insights into the challenges of running a business, especially the tough decisions and obstacles entrepreneurs face. The book resonates with Igor because it emphasizes the reality of entrepreneurship, offering practical advice and encouragement for those navigating the complexities of building and leading a company.
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Are there any great podcasts or online learning resources you'd recommend to help grow a small business? Igor Vainshtein recommends several resources for small business growth, including "How I Built This" with Guy Raz, "The Tim Ferriss Show", MasterClass, Harvard Business Review Podcasts, and LinkedIn Learning.
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What tool or resource would you recommend to grow a small business? Igor Vainshtein recommends utilizing SaaS tools like HubSpot for customer relationship management (CRM), Trello for project management, and Mailchimp for email marketing to help streamline operations and enhance growth for small businesses.
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What advice would you give yourself on day one of starting out in business? Igor Vainshtein would advise himself on day one of starting a business to embrace uncertainty and understand that failure is part of the journey. He emphasises the importance of building a strong network and seeking mentorship, as well as staying open to learning and adapting as challenges arise. Focusing on customer feedback and iterating based on that can also significantly enhance the chances of success.
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Quotable quotes from our special Grow A Small Business podcast guest: Embrace uncertainty; it's the catalyst for innovation and growth in business — Igor Vainshtein Listen to your customers; their feedback is the roadmap to improvement and success — Igor Vainshtein Build a strong network; the right connections can propel your business to new heights — Igor Vainshtein