Grow A Small Business Podcast Scaling Success with Andrew Miller of Growth Experts: From Solo Startup to a $500K Annual Revenue Powerhouse with 7 Team Members—Unveiling Strategies Behind Transforming Early Stage Companies and Achieving Work-Life Balance. (Episode 542 - Andrew Miller
In this episode of Grow a Small Business, host Troy Trewin interviews Andrew Miller of Growth Experts shares insights on scaling from a solo startup to a thriving agency with $500K in annual revenue and a 7-member team. He discusses the crucial role of strategic marketing, achieving work-life balance, and managing early-stage company growth. Tune in to learn about building a successful marketing foundation and navigating the challenges of growing a business.
Other Resources: Marketing funding flywheel ebook 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, being a learner again when moving into a new industry, 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 Andrew Miller, the hardest thing in growing a small business is staying afloat and not giving up. He emphasises the importance of persistence, launching with a Minimum Viable Product (MVP), and having patience to avoid rushing through key steps in the business development process.
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What's your favourite business book that has helped you the most? Andrew Miller's favorite business book that has helped him the most is "Emotional Intelligence" by Daniel Goleman. He finds it valuable for understanding and improving empathy, which is crucial for effective leadership and personal development.
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Are there any great podcasts or online learning resources you'd recommend to help grow a small business? Andrew Miller recommends using courses on Udemy, watching free content on YouTube, and listening to audiobooks and podcasts. While he doesn't specify particular podcasts, he suggests focusing on a few high-quality ones and leveraging online resources for ongoing learning.
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What tool or resource would you recommend to grow a small business? Andrew Miller recommends using the SEO tool SEOptimer for a free audit of your website's SEO. Additionally, he suggests checking out his book, which provides over 20 tools for SEO and more than 100 tools for free marketing resources.
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What advice would you give yourself on day one of starting out in business? Andrew Miller advises himself on day one of starting out in business to hire sooner. He emphasizes that while saving money is important, hiring an employee can help bring in more clients and achieve a better work-life balance. He reflects that optimizing for work and money for too long took a toll on his health and relationships.
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Quotable quotes from our special Grow A Small Business podcast guest:
Embrace empathy and patience—it pays dividends in business and life – Andrew Miller Balance is key: good sleep, nature, and exercise fuel productivity – Andrew Miller Start lean, listen to customers, and persist—patience is the ultimate virtue – Andrew Miller