Small Business Focus

How to grow a business when the economy is toast? There's a formula...

Normal growth [as opposed to ‘next-level growth’] is organic growth… A few percent year-on-year… We want to grow by 30%...

Pavlo Phitidis, founder - Aurik Business Accelerator

Business owners in South Africa are tired worrying about South Africa.

How do they take their businesses to the next level – how do they grow - when the economy is toast?

The Money Show’s Bruce Whitfield interviewed small business guru Pavlo Phitidis, founder of Aurik Business Accelerator.

Phitidis gave practical, “action-orientated” advice for finding growth and ensuring it brings value to your business, now and in future.

There is a formula, said Phitidis, and you can use it!

Listen to the interview in the audio below (and scroll down for more quotes from it).

Reshape your business… Become a specialist, not in the product, but rather become a specialist in what problems the product solves…. Find your customer group. Understand its problems…

Pavlo Phitidis, founder - Aurik Business Accelerator

You’ve got to build proper business systems…

Pavlo Phitidis, founder - Aurik Business Accelerator

What this weak economy is doing is it’s making people chase cashflow… it is going to erode the value of your business… and your psyche…

Pavlo Phitidis, founder - Aurik Business Accelerator

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This article first appeared on 702 : How to grow a business when the economy is toast? There's a formula...


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