Grow A Small Business Podcast Troy Trewin

From Bootstrapped Beginnings to Rapid Expansion: Insights from the Founder of Drinxfactory. Learn How to Scale from 1 to 250 Team Members in just 4 Years! Gain Expert Strategies for Success in Business Development. (Ariah Michel)

In this week's episode of the Grow Small Business Podcast, Troy chats with Ariah Michel, Founder of Drinxfactory Group based in Sydney, Australia. Ariah shares insights into his company's operations, focusing on merchandising and sales in the liquor sector of FMCG. They discuss the challenges of growth, the importance of operational processes, and Aria's vision to expand into New Zealand. Despite the rapid growth, Aria emphasizes the ongoing stress of managing a fast-growing business but also highlights the value of learning to use stress as a driver for high performance.

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: 
1. What do you think is the hardest thing in growing a small business?

Ariah believes that the hardest thing in growing a small business is getting started, particularly coming up with the initial idea. He emphasizes that while many people struggle with the idea, the key is to take the first step and start, even without a fully formed concept.

2. What's your favourite business book that has helped you the most?

Although not a traditional business book, Ariah's favorite book that has significantly helped him is "Greenlights" by Matthew McConaughey. He appreciates its message about seizing opportunities (green lights) in life and being prepared to navigate challenges (red lights) until those opportunities arise

3. Are there any great podcasts or online learning resources you'd recommend to help grow a small business?

Ariah recommends several podcasts and online learning resources for personal development and business growth. He enjoys podcasts such as "Talking From Scratch" by George McEwan and "Diary of a CEO." He particularly highlights a podcast featuring George Heaton, founder of Represented 24/7, for its inspiring story and valuable insights.

4. What tool or resource would you recommend to grow a small business?
One essential tool Ariah recommends for growing a small business is a good CRM (Customer Relationship Management) system. He acknowledges that initially, he didn't invest in or see the necessity of a CRM system. However, he now realizes its importance in streamlining operations and relieving stress. Ariah's team uses monday.com as their CRM system, which he describes as a "Godsend."

5. What advice would you give yourself on day one of starting out in business?

Looking back, Ariah would advise his past self on day one of starting out to "just keep going" and to "keep your head down." He emphasizes the importance of perseverance, resilience, and enjoying the journey, regardless of the challenges or successes encountered along the way.

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:

"I think operation processes are the most important part of all businesses and are the b

In less than 20 minutes a week, we'll introduce you to an expert or business owner with deep experience in what they do. Grow you, grow your team, grow a small business.

In this episode of "Grow a Small Business," host Rob Cameron sits down with Len Bober,  a seasoned expert from lb advisory, who brings over 250 valuations worth of expertise. Gain insights into valuation triggers, methodologies, and actionable steps to enhance your business value. Join us as Len Bober shares invaluable advice for small business owners.

Key Takeaways for Small Business Owners:

Valuation Triggers: Business owners seek valuations for reasons like dilution of shareholding, selling the business, or resolving shareholder disputes.

Valuation Process Overview: It involves gathering financial data, assessing historical performance, conducting industry research, and evaluating business risks.


Valuation Methodologies:
Discounted Cash Flow (DCF): Suitable for businesses with strong growth prospects, focusing on future cash flows.
Capitalization of Earnings: Emphasizes historical earnings and future forecasts to determine value.
Asset-Based Method: Values assets and liabilities, often used for businesses with unclear future prospects.


Our hero crafts outstanding reviews following the experience of listening to our special guests. Are you the one we've been waiting for?

Factors Influencing Business Value:


Quality of Earnings: Consistency and scalability of earnings are crucial.
Human Capital: Alignment among owners, reward systems, and staff motivation impact value.
Intellectual Property (IP): Protecting and leveraging unique IP can enhance business value.
Management Quality: Strong governance and deep management teams add value.


Key Focus Areas for Improving Business Value:


Consistency of Earnings: Maintain consistent and scalable earnings.
Net Profit Performance: Aim for industry-standard or better net profit margins.
Strategic Investments: Invest in research, development, and IP to enhance value.
Management Quality: Strengthen governance and management teams.
 
One action small business owners can take:


One action small business owners can take, as suggested by Len Bober, is to focus on the quality of their earnings. Ensuring consistency and scalability of earnings, as well as maintaining industry-standard or better net profit margins, can significantly improve the value of their business.

Do you have 2 minutes every Friday? Sign up to the Weekly Leadership Email. It's free and we can help you to maximise your time.

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:

Quality of earnings drives the heartbeat of business success – Len Bober

Consistency in performance is the bedrock of business valuation – Len Bober

Intellectual property is the currency of innovation in business – Len Bober
 
 
 

In this episode, dive into the inspiring journey of small business growth with Alicia Cook, founder of Emerson Health. Discover actionable insights on team building, effective marketing strategies, and navigating challenges. Gain invaluable advice to accelerate your business success from Alicia's wealth of experience and expertise.

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:


What do you think is the hardest thing in growing a small business?

Alicia Cook believes that the toughest challenge in growing a small business is knowing what steps to take next and avoiding tasks that consume time without driving progress. This struggle highlights the importance of prioritizing actions that propel the business forward while sidestepping distractions.


What's your favourite business book that has helped you the most?

Alicia Cook's top business book recommendations are "Buy Back Your Time" by Dan Martell, "The One-Page Marketing Plan" by Allan Dib, “Scaling Up” by Verne Harnish and “Here be Dragons” by Richard Mulholland.


Are there any great podcasts or online learning resources you'd recommend to help grow a small business?

Alicia Cook recommends "Pro Serv Podcast" by Collective 54 for insights on sustainable boutique consulting businesses. She also suggests "Chill & Prosper" by Denise Duffield-Thomas for money mindset. She also listens to "Built to Sell Radio" by John Warrillow helpful, especially for the tiny tweaks that add value to a business as it grows.


What tool or resource would you recommend to grow a small business?

Alicia Cook recommends getting a coach and considering joining an accelerator program as effective tools for launching a small business. She emphasizes the value of mentorship and structured programs in providing guidance and support tailored to business needs.


What advice would you give yourself on day one of starting out in business?

On day one of starting out in business, Alicia Cook would advise herself to prioritize diligent hustling over excessive networking. She emphasizes the importance of focusing on activities that directly contribute to business growth, rather than getting caught up in socializing. This advice underscores the need for strategic action and perseverance in the early stages of entrepreneurship.

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:

Success is achieved not just by milestones, but by the relentless pursuit of our mission – Alicia Cook


In business, knowing what to do next is as crucial as avoiding what doesn't move us forward – Alicia Cook


Delegation isn't just about freeing time; it's about investing in the growth of your team –Alicia Cook

 
 
 

In this episode, host Troy Trewin interviews Michael Anthony from Think Unbroken, based in Las Vegas, United States. Michael shares his journey of overcoming childhood trauma to become an author, speaker, coach, and podcast host, helping others navigate similar challenges.

Michael's business, Think Unbroken, focuses on helping individuals who have experienced severe childhood trauma to heal and thrive. He offers various services such as books, speaking engagements, online courses, coaching, and affiliate marketing.

Michael's personal journey of overcoming adversity, including homelessness, abuse, and addiction, led him to start Think Unbroken. Despite facing significant challenges, he found success in his career, making his first $100,000 at age 21. However, he struggled with personal issues, leading to rock bottom at age 26. This pivotal moment prompted him to embark on a journey of self-discovery and eventually help others do the same.

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:

1. What do you think is the hardest thing in growing a small business?

Michael believes that the hardest thing in growing a small business is resisting instant gratification and recognizing that success will take longer than anticipated.

2. What's your favourite business book that has helped you the most?

Michael’s favorite business books are "The Alchemist" by Paulo Coelho and "100 Million Dollar Offers" by Hermoza. He finds valuable lessons in both, despite them not being directly about business.

3. Are there any great podcasts or online learning resources you'd recommend to help grow a small business?

Michael recommends "Diary of a CEO" and "Impact Theory" as great podcasts for professional development. He also mentions his own podcast as a valuable resource.

4. What tool or resource would you recommend to grow a small business?

Michael recommends using a calendar scheduling tool like Calendly to streamline appointment scheduling and avoid the back-and-forth emails.

5. What advice would you give yourself on day one of starting out in business?

Michael would advise himself to keep going and never quit, emphasizing the importance of resilience and focusing on the why behind the business, even on the toughest days.

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:

"The quality of your questions determine the quality of your life." - Michael Anthony

"It's either gotta work or it's got to work." - Michael Anthony

"You want to be great at marketing? Press post. Because you're not, and it's gonna take you a long time to get good." - Michael Anthony

In less than 20 minutes a week, we'll introduce you to an expert or business owner with deep experience in what they do. Grow you, grow your team, grow a small business.

In this episode of the Quick Fire Friday podcast, Michael Denehey interviews Christine Finnegan, CEO of the Tasmania JackJumpers basketball team, the recently crowned NBL champions. Christine shares insights into the leadership principles that have driven the success of the Jack Jumpers in their first three years, including their mission to "defend the island" of Tasmania and the values of authenticity and humility that underpin their approach.

Key Takeaways for Small Business Owners:

Customer-Centric Approach: Christine emphasizes the importance of prioritizing the customer above all else. Small business owners should listen to their customers, seek feedback, and ensure that every decision aligns with providing value to their customer base.

Authentic Leadership: Christine highlights the significance of authentic leadership. Leaders should lead with their hearts, be genuine, and create an environment where employees feel comfortable being themselves. Authenticity fosters trust and strengthens relationships within the organization.

Mission and Values Integration: Mission and values should not just be words on a wall but should be deeply integrated into the culture and operations of the business. This involves consistently reinforcing the mission and values through internal communications, meetings, and employee onboarding processes.

Our hero crafts outstanding reviews following the experience of listening to our special guests. Are you the one we've been waiting for?

Continuous Improvement and Adaptability: Just as in sports, small businesses must continuously strive for improvement and be adaptable to change. Even in times of success, it's important to remain open to new ideas, take calculated risks, and not become complacent.

Employee Engagement and Involvement: Engaging employees in the mission and values of the business is crucial. This can involve incorporating values into the hiring process, fostering a culture of feedback, and creating opportunities for employees to contribute meaningfully to the organization's goals.

One action small business owners can take:

One action small business owners can take, as advised by Christine, is to prioritize listening to their customers. By recognizing the importance of customer feedback and taking the time to truly understand their needs and preferences, businesses can gain valuable insights that drive long-term success. This involves actively engaging with customers, soliciting feedback, and making adjustments to products, services, and operations based on that feedback. By prioritizing the customer experience, businesses can build stronger relationships, enhance their offerings, and ultimately drive growth.

Do you have 2 minutes every Friday? Sign up to the Weekly Leadership Email. It's free and we can help you to maximise your time.

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:

"Defend the island is not three words on a wall... it's something we all believe." - Christine Finnegan

"Feedback is a gift... it's your job to make sure you're doing that in a respectful way." - Christine Finnegan

"Listen to your customer... they will tell you how you're going." - Christine Finnegan

In this episode of 'The Entrepreneur's Guide,' join Michael Denehey as he sits down with Tamzyn Adding, founder of Miss Lolo. Explore Tamzyn's journey in building a thriving business, tackling topics like cash flow management, authentic branding, and navigating growth challenges. Gain valuable insights and actionable strategies to elevate your own entrepreneurial ventures. Tune in to discover the keys to small business success in today's dynamic market.

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.

Michael 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:

1. What do you think is the hardest thing in growing a small business?

Tamzyn Adding identifies two main challenges in growing a small business: cash flow and mindset. Cash flow management is crucial for the sustainability and growth of a business, as it impacts various aspects like operations, investments, and expansion. Additionally, maintaining the right mindset is essential, as entrepreneurs often face obstacles and setbacks along the way. Developing resilience, perseverance, and a growth-oriented mindset can help navigate the challenges of entrepreneurship and drive business success.

2. What's your favourite business book that has helped you the most?

Tamzyn Adding mentioned that she reads various business books, including those by Richard Branson, but she didn't specify a favorite. So, there isn't a particular book she highlighted as her favorite. However, she did mention reading books by Richard Branson among others, which likely provided her with valuable insights into entrepreneurship and business growth.

3. Are there any great podcasts or online learning resources you'd recommend to help grow a small business?

Tamzyn Adding mentioned that she reads various business books, including those by Richard Branson, but she didn't specify a favorite. So, there isn't a particular book she highlighted as her favorite. However, she did mention reading books by Richard Branson among others, which likely provided her with valuable insights into entrepreneurship and business growth.

4. What tool or resource would you recommend to grow a small business?

Tamzyn Adding recommended using Zero, an accounting software, as a tool to help understand the numbers and expenses of the business better. She emphasized the importance of being diligent in tracking expenses, including both major and minor costs, to gain a comprehensive understanding of the financial health of the business. This attention to detail and financial clarity can be crucial for making informed decisions and driving growth in a small business.

5. What advice would you give yourself on day one of starting out in business?

Tamzyn Adding advised herself to create a business plan, trust herself, and avoid being swayed by initial financial offers. She emphasized the importance of having a solid plan in place, believing in one's capabilities, and not immediately jumping at the first monetary opportunity that arises. This advice underscores the significance of careful planning, self-confidence, and a focus on long-term sustainability rather than short-term gains when starting a business journey.

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