Grow A Small Business Podcast Started out in 2015, representing small businesses all the way up to $20-30 million. Mapping out 30% of growth every year by keenly measuring their marketing with 27 FTEs. (Matt Davis)
Exciting opportunity for small to medium business owners employing 5-30 team members. Are you ready to learn, grow, and invest in your ongoing development? Don't miss out on our latest podcast featuring a special guest who shares invaluable insights for business success.
In this episode, Troy asked Matt Davis, CEO and Owner of Davis Business Law based in Oklahoma City in the United States, the final five questions:
1. According to Matt Davis, the most challenging part of growing a small business is deciphering the key metrics and variables that drive success. It's crucial to identify and understand these metrics to ensure your business's growth strategy aligns with its unique needs and objectives. Embrace the constant learning process and the occasional need to adjust your approach.
2. Matt's recommended business books include "E-Myth," "Great by Choice," and "Scaling Up." These books offer valuable insights into various aspects of business growth, leadership, and scaling strategies.
3. Matt suggests focusing on immersive learning rather than podcasts, as it allows for deeper understanding and note-taking. Dive into tools and resources that demand serious attention, contributing to your skill enhancement and business growth.
4. The recommended tool for small business growth is "Scaling Up." This resource provides practical frameworks and strategies to facilitate growth, covering areas such as strategy execution, people management, and operational excellence.
5.If Matt could go back to day one of starting his business, he'd share the wisdom that genuine success takes time. Despite common expectations, it often takes around five to seven years to establish a business that feels truly successful. Embrace the journey and the learning curve.
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. π
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Quotes:
"Success is partly financial." β Matt Davis.
"At the end of the day, we're plumbers pushing paper, people are hiring us to create practical solutions to their problems." β Matt Davis.
"There are two ways to make good money in business: stay really small and tight or get big, because the middle stinks." β Matt Davis.
"You do the hard things. And that's what makes you successful." β Matt Davis.
"To figure out who you are, and show some leg and put it out there. And first things first, figure out what your core values are." β Matt Davis.