35 min listen
Unlocking Success Secrets: Transforming a Salon from $3k to $9k Weekly Revenue. Learn team building, revenue strategies, and exits with an experienced…
Unlocking Success Secrets: Transforming a Salon from $3k to $9k Weekly Revenue. Learn team building, revenue strategies, and exits with an experienced…
ratings:
Length:
54 minutes
Released:
Feb 13, 2024
Format:
Podcast episode
Description
Join Troy Trewin in a dynamic conversation with salon owner Jess Cutting, owner of Hair Retreat who transformed her business from $3k to $9k weekly. Discover Jess's business acumen, team-building secrets, and insights into a successful exit. A must-listen for small business owners navigating growth. 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: One of the toughest challenges in growing a small business, as mentioned by Jess Cutting, is building and managing a team effectively. Jess emphasized the importance of hiring the right people and trusting her gut instincts when it comes to team members. She discussed the mistake of hiring out of desperation rather than carefully considering whether a potential team member aligns with the business's values and culture. Jess Cutting's favorite business book is "The E Myth" by Michael E. Gerber. She found this book particularly impactful because it challenged her perspective on business ownership and management. "The E Myth" discusses the importance of understanding the roles of an entrepreneur, a manager, and a technician in a business, and how each role contributes to the success of the enterprise. Jess Cutting recommended "Manager Tools" as a valuable podcast for professional development. She found the content of this podcast helpful in addressing various business-related questions and challenges. "Manager Tools" covers a range of topics related to management and business operations, providing practical advice and insights for listeners. Jess Cutting recommended the DISC model as a valuable tool to help grow a small business. The DISC model is a behavioral assessment tool that categorizes individuals into four main personality types: Dominance, Influence, Steadiness, and Conscientiousness. On day one of starting out, Jess Cutting advises herself to "get a fucking business." She emphasizes the importance of not only being skilled in the technical aspects of the business but also in understanding how to manage and run it effectively. Jess reflects on her experience and highlights the significance of educating oneself on business management, setting up systems, and delegating tasks to build a sustainable business from the start. 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. Additional Resources: Net Promoter Score Business Transformation Program Ultimate Recruitment Toolkit Quotable quotes from our special Grow A Small Business podcast guest: Building a sustainable and kickass culture is about not hiring 'dickheads' and ensuring your team feels seen, heard, and appreciated – Jess Cutting Exiting a business isn't failure; it's a strategic move to prioritize where you're needed most, both personally and professionally – Jess Cutting The hardest thing in growing a small business? It's all about the team—finding and nurturing A-players is make or break – Jess Cutting
Released:
Feb 13, 2024
Format:
Podcast episode
Titles in the series (100)
003: In 12 years, from $800k to $21m in annual sales, then sold the pharmacy, all after he was kicked out of university (Matthew Will): Investing in expert coaches and advisors added millions to their exit price Tags: delegation, mentors, selling a small business, KPIs, university drop-out, professional development by Grow A Small Business Podcast