In this episode, I interview Michael Denehey from Grow a Small Business based in Hobart, Australia. Michael has a ton of experience in managing and helping other businesses.
With over 30 years of experience in the industry, Michael shares the important mindsets and habits that business owners need to cultivate in order to grow their businesses.
Michael says that growing a small business requires giving trust to your people in order to handle all the responsibilities of a business owner. So he says, "Business owners are the systems and process, and can't get consistency. They need to give their people a responsibility to grow."
This Cast Covers:
- Learning how to eliminate micromanaging in a small business.
- Common mindsets that small business owners need to avoid.
- Helping entrepreneurs learn how to play their roles well.
- Learn how employing more people can add more value to your business.
- Helping entrepreneurs learn how to keep their employees stay in the business longer.
- Sharing example situations where trusting employees can be valuable.
- Helping entrepreneurs build a good habit.
Additional Resources:
Quotes:
"A lot of things tend to be in the owner's head." —Michael Denehey
"Business owner's financial success is solely dependent on their business a lot of time." —Michael Denehey
"Your time should be on the high-value aspects of the business." —Michael Denehey
"Obtain the right mindset and clarity about the vision of your business." —Michael Denehey
"You've got to invest in your people." —Michael Denehey
Music from https://filmmusic.io "Cold Funk" by Kevin MacLeod https://incompetech.com. License: CC by http://creativecommons.org/licenses/by/4.0