Grow A Small Business Podcast Scaling to 14 FTEs to Seven Figures: Insights from StoryLearning's Founder & CEO on Achieving Revenue Growth and Mastering Personal Development for Long-Term Business Success. (Episode 533 - Olly Richards)
In this episode of Grow Small Business, host Troy Trewin interviews Olly Richards, founder of Story Learning. Olly shares his journey from solo entrepreneur to managing a team of 14 and achieving seven-figure revenue. He emphasizes the importance of personal development in navigating business challenges, offering valuable insights into scaling a business effectively. 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? According to Olly Richards, the hardest thing in growing a small business is managing oneself. He highlights the challenge of maintaining personal balance and clarity amidst the pressures of entrepreneurship, emphasizing the importance of self-management and mindset in achieving sustained growth and success.
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What's your favourite business book that has helped you the most? Olly Richards mentioned that his favorite business book, which has had a profound impact on him, is "The Surrender Experiment" by Michael Singer. He shared that while not traditionally categorized as a business book, its teachings on detachment from outcomes and managing one's mindset have significantly influenced his approach to business and life.
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Are there any great podcasts or online learning resources you'd recommend to help grow a small business? Olly Richards mentioned that he used to listen to podcasts extensively but has now stopped, preferring to focus intensely on his current tasks without distraction. He emphasized the importance of managing one's information intake carefully. Therefore, he did not recommend any specific podcasts or online learning resources for growing a small business during his interview.
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What tool or resource would you recommend to grow a small business? Olly Richards recommends using Trello for its visual and straightforward approach to project and task management. He also values traditional tools like pen and paper and Apple Notes for their simplicity and effectiveness in personal organization and productivity.
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What advice would you give yourself on day one of starting out in business? On day one of starting out in business, Olly Richards would advise himself to relax and enjoy the journey more. He would emphasize not taking everything too seriously and trusting that time will take care of everything, reminding himself that nothing matters as much as it seems in the moment.
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Quotable quotes from our special Grow A Small Business podcast guest:
Detachment from outcomes is key to entrepreneurial happiness and success – Olly Richards Enjoy the journey, because time takes care of everything else – Olly Richards Personal growth fuels business growth; invest in yourself – Olly Richards