Managing Director of Outsourcing Angel shares the remarkable journey of growing his team from 3 to 25 members. Discover his thoughts on leadership by building a successful business, leveraging virtual assistants, and implementing effective systems. (Richa

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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.

Troy asks our special guest how they started, when was the moment they felt they had succeeded, would they go into this industry again, and he asks our special guest to share the most stressful point in their small business growth journey, where they have had to work the hardest for the most value, what do they love the most about growing a small business, the number one habit a small business owner needs to develop and maintain, and how they added people to the team, sharing their wins, mistakes and advice and much, much more.

In this episode, Troy asked Richard Phu, from outsourcing angel based in Sydney Australia, the final five questions: Richard highlights that the toughest Challenge in Growing a Small Business is the difficulty of making tough decisions, especially when cash flow is tight. Should you hire more talent or weather the storm? A dilemma many entrepreneurs face.

Richard's Favorite Business Book isn't your typical business book. It's "Leaders Eat Last" by Simon Sinek, a must-read for leaders looking to build dedicated, long-term teams.

Richard top Learning Tools is to be a podcast enthusiast, Richard does tune in to Simon Sinek's and Adam Grant's podcasts for insightful content. And for a dose of motivation and hype, he enjoys Gary Vee.

Richard's pick is a CRM system for Business Growth. Even for solopreneurs, a CRM like HubSpot can help you organize tasks, track deals, and free up mental space.

Finally On day one of starting out, I'd tell myself: "Embrace your journey and be patient. Success takes time, dedication, and continuous learning. Focus on honing your unique strengths, stay authentic to yourself, and never stop believing in your potential. Challenges will come, but they are opportunities in disguise. Keep your passion alive, and you'll achieve greatness. 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!

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

"An amazing entrepreneur is not the one in the spotlight, but the one that controls the spotlight and shines it on other people in their team." - Richard Phu

"Team building is not just about finding the right people, but also about creating an environment where they can thrive and collaborate effectively." - Richard Phu

"Success is not always about being the star of the show. Sometimes, being a supporting actor and empowering others can lead to even greater achievements." - Richard Phu