Grow A Small Business Podcast Terence Tam of Radical Marketing: Scaling to 10 Team Members, Growing Revenue 10x to $700K AUD, and Helping Educators Worldwide Succeed by Filling Webinars with Strategic Funnels and Retainer-Based Marketing Expertise. (Episode 644 - Terence Tam)
In this episode of Grow a Small Business, host Troy Trewin interviews Terence Tam, founder of Radical Marketing, a leading agency specializing in helping educators and coaches fill webinars through strategic funnels. Terence shares his journey of scaling his business to 10 team members and achieving 10x revenue growth to $700K AUD annually. He highlights the importance of embracing failure, building strong team values, and maintaining work-life balance. Terence also discusses his favorite business books and strategies for success in the competitive marketing space. Tune in for insights into growing a global agency and thriving as an entrepreneur.
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 Terence Tam, the hardest thing in growing a small business is the feeling of being alone and misunderstood. He explained that even close loved ones and friends often don't fully understand the challenges entrepreneurs face, which can make the journey isolating.
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What's your favourite business book that has helped you the most? Terence Tam's favorite business book that has helped him the most is Who Not How by Dan Sullivan and Benjamin Hardy. He shared that the book emphasizes the importance of delegating tasks to others to free up time and focus on growing the business.
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Are there any great podcasts or online learning resources you'd recommend to help grow a small business? Terence Tam recommends several resources to help small business owners grow. Key podcasts include Digital Marketer (for digital marketing insights), Ad Leaks (focused on ad management), and Dan Sullivan's Mastermind Group (for strategic advice and networking). For courses, he suggests Digital Marketer and Dan Sullivan's Mastermind.
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What tool or resource would you recommend to grow a small business? Terence Tam highly recommends Go High Level, a powerful all-in-one marketing tool for small businesses. It includes features like landing pages, email and SMS marketing, AI integration, and CRM capabilities—all for an affordable price of around $99/month. He highlights its value for businesses looking to automate and scale their marketing efforts efficiently.
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What advice would you give yourself on day one of starting out in business? Terence Tam's advice to his younger self on day one of starting a business is: "Don't be afraid to fail. Don't be afraid to make mistakes and just fail forward fast." He believes the key is to embrace failure as a learning process, take risks, and focus on living a fulfilling life without regrets, rather than settling for comfort.
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.
Quotable quotes from our special Grow A Small Business podcast guest: Don't be afraid to fail—fail forward fast and grow stronger — Terence Tam A great offer and the right message can scale your business to limitless heights — Terence Tam Success isn't about avoiding mistakes, it's about learning from them — Terence Tam