Categories
Business Growth Entrepreneurship

034: Roadmap To A $1bn Business

How do you build a billion dollar business? 

A question lots of entrepreneurs ask. 

When companies enter a new growth stage, they must essentially become a new organization. The things that made it successful at the beginning may not be the same things to successfully take the organisation to the next stage. 

In this episode, we delve into the different stages of building a billion dollar business. What to focus on at each level, and the challenges business owners face at each level.  

Building a billion dollar business is definitely hard work but it is possible. By breaking the journey into stages, the process becomes more comprehensible and attainable. 

IN THIS EPISODE, YOU’LL FIND OUT…

  • Stages you go through in building a $1B company (6:00)
  • It’s not a linear process (6:22)
  • Fear of progress (11:30)
  • Just building a business is exciting enough (13:00)
  • Switching your thought process to protectionism (16:50)
  • Where focus goes, energy flows (17:55)
  • ($0 to $1 million): Prove the Idea (21:33)
  • ($1million to $3million): Prove the product (22:33)
  • What is it that the clients really need? (24:00)
  • Narrowing down your product before scaling (24:48)
  • ($3 million to 10 million): Proving the market (25:09)
  • Six human needs (30:11)
  • How to grow and level up (33:00)
  • ($10 million to $30 million): Prove the business model (35:00)
  • ($30 million to $100 million): Prove the vision (38:38)
  • ($100 million to $300 million): Prove the industry (40:05)
  • ($300 million to 1 billion): Prove the company (41:15)

RESOURCES

WHERE YOU CAN FIND US

CARL TAYLOR
Automation Agency
CarlTaylor.com.au
LinkedIn
Facebook
Twitter

PETER MORIARTY
iTGenius
LinkedIn
Facebook
Twitter

Like this episode? Have a topics that you would like us to discuss?  We’d love to hear your feedback and comments. Let us know by leaving a comment below. 

Categories
Business Growth Entrepreneurship

033: VR Events and Connecting While Remote

If you’re in the events industry, connecting in today’s digital age has changed tremendously, from in-person events to the online event space. 

Digital connection has become the new norm. Tech and social media upgrades have opened the doors to new ways to connect. But is it the same experience for everyone? 

In this episode, we talk about our differences as well as our similarities in how we experience this digital connection. 

How have you found connecting in today’s advanced digital world? Let us know by sharing your thoughts in the comments.

IN THIS EPISODE, YOU’LL FIND OUT…

  • Events and connecting pre-COVID (3:13) 
  • Virtual events and change of timezones (3:28)
  • The difference of timezone shift pre-COVID and during COVID (4:46)
  • The boom of VR technology (6:26)
  • The problem with VR (6:45)
  • The possibility of online meetings through VR (7:15)
  • The depth of conversation and connection online (8:30)
  • Connecting with friends and family online (8:45)
  • What is human connection and what is intimacy (9:35)
  • Generational influences (12:10)
  • Experiencing online events and online communication differently (13:08)
  • How to create the same in-person experience during the digital age (14:20)
  • Hunger for in-person events (15:30)

RESOURCES

WHERE YOU CAN FIND US

CARL TAYLOR
Automation Agency
CarlTaylor.com.au
LinkedIn
Facebook
Twitter

PETER MORIARTY
iTGenius
LinkedIn
Facebook
Twitter

Like this episode? Have a topics that you would like us to discuss?  We’d love to hear your feedback and comments. Let us know by leaving a comment below. 

Categories
Business Growth Entrepreneurship

032: Culture Clash and Control of your Organisation

Are you a content creator or a content consumer?

People are the key to your business’ success. This is why learning to communicate well as a leader is essential to strengthening your team and building your business. 

One of the challenging aspects to navigate as a leader is workplace culture. Culture clashes within the workplace comes from friction, from different ways of thinking, communication, and behaviour. Poor culture is usually rooted by lack of communication and understanding.

In this episode, we delve into the culture clash within an organization during structural changes and how leaders can handle this to create a sense of safety within the business. As leaders, it’s essential to approach this challenge with open communication and understanding your team.

Let’s dive in.

IN THIS EPISODE, YOU’LL FIND OUT…

  • Integrating the business (3:03)
  • Fear of change (3:25)
  • Structural changes (4:18)
  • Conflict of team structures during the integration (5:30)
  • Building trust (6:13)
  • Creating a sense of safety (6:18)
  • Inherent idea of hierarchy with roles and titles (6:54)
  • Social hierarchy (7:54)
  • Transitioning roles and helping empower your team (8:50)
  • Change management framework (9:20)
  • Setting the right vision and the why (10:20)
  • Fear of the team during change management (11:17)
  • Finding the middle ground between rocking the boat and keeping the team happy (13:20)
  • People are the key to your business’ success (14:10)
  • Learning to communicate (15:32)
  • Building your brand (17:25)
  • Controlling only 80% of your business (20:00)
  • The culture of your business is valuable (23:35)
  • Reinforcing and adjusting the culture towards your vision (24:10)
  • Change is not simple and fast (25:12)
  • Dealing with culture clash within your company (27:45
  • Clashing of different cultures (36:02)
  • When the team starts being unharmonious (37:50)

WHERE YOU CAN FIND US

CARL TAYLOR
Automation Agency
CarlTaylor.com.au
LinkedIn
Facebook
Twitter

PETER MORIARTY
iTGenius
LinkedIn
Facebook
Twitter

Like this episode? Have a topics that you would like us to discuss?  We’d love to hear your feedback and comments. Let us know by leaving a comment below.