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?
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
Enjoy The Money Show, but miss it sometimes?
Get the best bits emailed to you daily, right after it ends:
Income or equity – what is the difference?Read More
Positioning your business for success - what does this phrase even mean?Read More
These business concepts get a thumbs down.Read More
The Money Show’s Bruce Whitfield interviews Nic Haralambous, founder (at the cost of R5000!) of funky sock company Nic Harry.Read More
Pavlo Phitidis (founder of Aurik Business Accelerator) advises on turning your business into an asset of value.Read More
Small business expert Pavlo Phitidis discusses his book "Sweat, Scale, $ell: Build Your Business into an Asset of Value™".Read More
Small business guru Pavlo Phitidis shares shocking anecdotes and advises business owners on how to address this challenge.Read More
Small business guru Pavlo Phitidis gives advice on how to set prices without emotions getting in the way.Read More
Small business owners are constantly approaching Pavlo Phitidis for advice on selling so they can emigrate.Read More
Three growth strategies – aggressive, defensive, passive - dominate. Your history drives your choice, says Pavlo Phitidis.Read More