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22 Interview with Mike Maitland of TEFL Heaven
Live with Mike Maitland of TEFL Heaven.
Mike shares with us how without startup capital he started a business that is growing rapidly. By finding a niche, and filling that niche. As a result he is able to support the demand within his market.
A couple value bombs from our interview.
– In the beginning focus on sales and satisfying your customers. That is how you build a great brand.
– As you grow your business be sure to start taking off your hats and sharing the responsibility with your team.
– Remember to work on your business, not just in it. As a business owner you need to delegate to make sure you can think strategically about your business.
– Never forget how important sales is, if you aren’t selling within your business you aren’t getting the essential cash flows your business needs to survive.
– the 80/20 rule is a rule for a reason. Don’t spend 80% of your time on 20% of your revenue streams.
– If you are spending 80% of your time on business development and 20% on sales you have it backward.
– Over time your business model will change, and that is ok. Be ready to pivot to best support your business and your market.
– There may be a time for cash infusion (Equity/loan) be ready for it, understand the cost/benefit, but don’t hold yourself back from growth.
Thank you Mike, I had a lot of fun.
https://www.teflheaven.com/
***
Learn more about the Small Business Owners Revolution
If you want to have the opportunity to watch, listen, and participate in these broadcasts live, join our Facebook group Small Business Owners Revolution. Or follow the link below.
You can also follow the link below, it will redirect to our community. You will have regular access to source material, and see more of the content your fellow revolutionaries cultivate within the community that never makes it to the podcast.
We are a content driven, group focused on information exchange and relationship building. It isn’t for everyone, but it could be for you.
We invite you to join us.
http://smallbusinessownersrevolution.com/
View all episodes
By Adam Fenner, CPALive with Mike Maitland of TEFL Heaven.
Mike shares with us how without startup capital he started a business that is growing rapidly. By finding a niche, and filling that niche. As a result he is able to support the demand within his market.
A couple value bombs from our interview.
– In the beginning focus on sales and satisfying your customers. That is how you build a great brand.
– As you grow your business be sure to start taking off your hats and sharing the responsibility with your team.
– Remember to work on your business, not just in it. As a business owner you need to delegate to make sure you can think strategically about your business.
– Never forget how important sales is, if you aren’t selling within your business you aren’t getting the essential cash flows your business needs to survive.
– the 80/20 rule is a rule for a reason. Don’t spend 80% of your time on 20% of your revenue streams.
– If you are spending 80% of your time on business development and 20% on sales you have it backward.
– Over time your business model will change, and that is ok. Be ready to pivot to best support your business and your market.
– There may be a time for cash infusion (Equity/loan) be ready for it, understand the cost/benefit, but don’t hold yourself back from growth.
Thank you Mike, I had a lot of fun.
https://www.teflheaven.com/
***
Learn more about the Small Business Owners Revolution
If you want to have the opportunity to watch, listen, and participate in these broadcasts live, join our Facebook group Small Business Owners Revolution. Or follow the link below.
You can also follow the link below, it will redirect to our community. You will have regular access to source material, and see more of the content your fellow revolutionaries cultivate within the community that never makes it to the podcast.
We are a content driven, group focused on information exchange and relationship building. It isn’t for everyone, but it could be for you.
We invite you to join us.
http://smallbusinessownersrevolution.com/