In this episode, Sam discusses the concept of human-centred business, emphasising its strategic importance in creating value for all stakeholders and why it is necessary for future survival. She outlines five core principles: empathy and inclusion, psychological safety and trust, purpose and meaning, stakeholder value, and employee experience.

Sam highlights the financial benefits of adopting human-centred practices, the role of technology in enhancing human skills, and practical steps for building a human-centred organisation. Sam concludes by addressing common myths and the future landscape of business, advocating for a shift towards human-centred approaches as a foundation for competitive advantage.

Takeaways

• Being human-centred is a strategic choice for value creation.
• Human-centred businesses prioritise the needs of all stakeholders.
• Empathy and inclusion are essential for understanding experiences.
• Psychological safety fosters innovation and learning.
• Purpose-driven organisations outperform their peers financially.
• Stakeholder value enhances trust and brand reputation.
• Positive employee experiences lead to higher retention rates.
• Engaged employees drive better customer service and loyalty.
• Technology amplifies the need for human-centred skills.
• The future of business is rooted in human-centred practices.

• "Empathy is not about being nice."
• "Psychological safety drives learning."
• "Purpose guides behaviour."

Would you like to build a more human-centred business whilst building your own strategic leadership skills. Our award winning eight-week Next-Level Growth Program helps you get clear and confident to take your business to the next level, on your own terms and without burning out. Find out more here https://www.25eight.co/next-level-growth-program

Follow us on socials to keep up to date when new programs open:https://www.linkedin.com/company/25eight-cohttps://www.youtube.com/@25eighthttps://www.facebook.com/25eightCohttps://www.instagram.com/25eight_co

Chapters

00:00 Introduction to Human-Centred Business

03:15 Core Principles of Human-Centred Business

05:43 The Importance of Purpose and Stakeholder Value

07:48 Designing for Employee and Customer Experience

10:11 Financial Benefits of Human-Centred Practices

12:58 Contrasting Human-Centred and Traditional Models

15:28 Future-Proofing Through Human-Centred Approaches

18:11 Building a Human-Centred Business

20:51 Common Myths and Misconceptions

23:02 Conclusion: The Future of Business is Human-Centered

keywords

human-centred business, employee engagement, customer experience, psychological safety, purpose-driven leadership, stakeholder value, innovation, technology, organisational culture, competitive advantages, future-proof, business growth, business sustainability

In this episode, Sam discusses the critical differences between coaching and mentoring, emphasising their unique roles in supporting successful business leaders. She highlights the importance of education as a foundational element that enhances the effectiveness of both coaching and mentoring.

By understanding these distinctions and the value of structured support, business owners can accelerate their growth and performance, ultimately leading to greater success.

Takeaways

• Running a business today is like a high performance sport.
• Coaching and mentoring deliver different outcomes and support leaders in unique ways.
• A coach helps you think better so that you can do better.
• Mentoring provides wisdom and perspective from experienced individuals.
• Coaching delivers clarity, performance uplift, accountability, and behaviour change.
• Education is a foundational component that enhances coaching and mentoring effectiveness.
• When business leaders understand core principles, they can make immediate changes.
• The synergy of education, coaching, and mentoring creates exponential impact.
• Businesses with external advisors grow faster and report higher confidence.
• With the right support team, business owners can thrive and succeed.

• "Mentoring helps you make better decisions."
• "Education helps organise the chaos."
• "Businesses with external advisors grow faster."

Do you want to benefit from the 25eight model whilst building your business growth strategy?

Our award winning eight-week Next-Level Growth Program helps you get clear and confident to take your business to the next level, on your own terms and without burning out. Find out more here https://www.25eight.co/next-level-growth-programFollow us on socials to keep up to date when new programs open:https://www.linkedin.com/company/25eight-cohttps://www.youtube.com/@25eighthttps://www.facebook.com/25eightCohttps://www.instagram.com/25eight_co

Chapters

00:00 The High Stakes of Running a Business

02:24 Understanding Coaching vs. Mentoring

04:57 The Power of Coaching

05:52 The Role of Mentoring

07:49 The Importance of Education in Business Growth

12:02 The Synergy of Education, Coaching, and Mentoring

14:18 Identifying the Right Support for Growth

Keywords

business coaching, mentoring, business growth, education, leadership, performance improvement, small business, strategic support, coaching outcomes, mentoring benefits

In this episode, Sam discusses the importance of developing your own critical thinking skills and strategies in business. She emphasises that relying on others for answers can lead to a loss of power and agility. By cultivating your own thinking, you can be confident to make informed decisions, adapt to changes, and ultimately thrive in a dynamic business environment.

Sam shares insights on how to build your own strategy, the significance of contextual intelligence, and the value of seeking guidance while maintaining ownership of your decisions.

Takeaways

• When you live someone else's answer, you're giving away your power.
• Critical thinking fosters better decision-making and self-reflection.
• Owning your thinking positions you to make informed decisions.
• Outsourcing thinking can lead to a loss of agility.
• Asking uncomfortable questions is a signal of learning.
• Investing in your thinking prepares your business to adapt.
• Contextual intelligence is key to long-term success.
• Following someone else's script can lead to stagnation.
• Building your own perspective enhances the effectiveness of support.
• Thinking for yourself leads to faster execution and real decisions.

Do you want to reclaim your power and develop your critical thinking skills whilst building your business growth strategy?

Our award winning eight-week Next-Level Growth Program helps you get clear and confident to take your business to the next level, on your own terms and without burning out.

Find out more here https://www.25eight.co/next-level-growth-program

Follow us on socials to keep up to date when new programs open:

https://www.linkedin.com/company/25eight-co

https://www.youtube.com/@25eight

https://www.facebook.com/25eightCo

https://www.instagram.com/25eight_co

Quotes

• "You give away your power."
• "You need to be the answer."
• "Thinking for yourself compounds."

Sound Bites

Chapters

00:00 The Power of Independent Thinking

08:04 Building Your Own Growth Strategy

12:04The Importance of Contextual Intelligence

Keywords

critical thinking, business strategy, decision making, self-empowerment, entrepreneurship, growth mindset, agility, innovation, learning, ownership

In this episode, Sam discusses the concept of investment beyond just financial terms, emphasising that every choice we make is an investment of our time, energy, and attention. She explores the importance of self-investment, the compounding effect of small, consistent actions, and the need for conscious decision-making in our daily lives.

The conversation also touches on the collective impact of our investments on society and the environment, urging listeners to reflect on their personal and collective investment strategies.

Takeaways

• Every one of us is an investor every single day.
• Investment isn't just about money; it's about time and energy.
• The returns we get depend on where and how we invest.
• Self-investment is often the hardest but yields the best returns.
• Small acts of self-investment compound over time.
• Being a conscious investor starts with awareness.
• Most decisions are emotional, not rational.
• Investing in local businesses strengthens communities.
• Every purchase is a vote for the kind of world we want.
• Invest wisely for a thriving future.

Are you ready to invest in yourself and the growth of your business? 25eight's Next-Level Growth Program guides you to develop as the leader your business needs to reach the next stage.

Grow your confidence and capabilities as a small-medium business leader and join the next cohort of the award winning Next-Level Growth Program - https://www.25eight.co/next-level-growth-program

Chapters

00:00 Investing Beyond Money

02:50 The Power of Self-Investment

05:10 Conscious Investment and Long-Term Growth

08:28 Collective Investment and Societal Impact

Keywords:

investment, self-improvement, personal growth, conscious investing, time management, energy allocation, societal impact, behavioural psychology, neuroplasticity, long-term growth

In this episode of Make Time, host Sam discusses the common challenges small businesses face in marketing, emphasising the importance of having a solid strategy rather than just relying on tactics. She highlights how understanding customer needs, building a strong brand, and creating a seamless customer experience are crucial for effective marketing. Sam also addresses the role of agencies in marketing and how they can only be effective if they understand the unique aspects of a business. The episode concludes with a focus on intentional marketing strategies that lead to sustainable growth.TakeawaysMany businesses focus too much on tactics rather than strategy.Understanding the 'why' behind marketing efforts is crucial.A strong brand shapes customer perception and builds trust.Customer experience is every interaction along the journey.Marketing campaigns must consider customer experience to be effective.Agencies can't build a strategy they don't understand.A solid strategy provides a decision-making filter for businesses.Knowing your audience and their values is essential for success.Creative marketing can help businesses stand out in crowded markets.Intentional marketing leads to better results and sustainable growth.Chapters00:00 Understanding the Core Challenges in Business Marketing03:14 The Importance of Strategy Over Tactics06:01 Building a Strong Brand and Customer Experience09:07 The Role of Agencies in Marketing Strategy11:53 Creating Intentional Marketing for GrowthKeywords:business marketing, strategy, customer experience, branding, small business, marketing tactics, agency collaboration, growth strategies, effective marketing, customer feedbackVisit www.25eight.co to find out more about our transformational business programs

In this episode, Sam delves into the significance of purpose stories and why sharing yours will help you in your business.She emphasises their role in connecting with audiences and inspiring action.

In sharing 25eight's purpose story, Sam explores the challenges many small business leaders face in gaining the knowledge and skills they need to lead a thriving business. Sam talks about the impact that a program can have over the long term. This innovative learning approach highlights how 25eight are doing business their way and how they help others to build a business on their terms. Sam further highlights the distinction between coaching and mentoring, and the need for adaptable education in a rapidly changing business landscape before encouraging you to share your own purpose story.

Takeaways

• A purpose story connects with audiences beyond financial gain.
• Telling your own story can provide direction and motivation.
• Small businesses face unique challenges in a competitive market.
• Building confidence and skills is crucial for business success.
• Measuring success goes beyond traditional metrics.
• Mentorship strengthens the small business ecosystem.
• Innovative learning approaches enhance skill acquisition.
• Teaching concepts fosters adaptability in changing environments.
• Coaches help individuals discover solutions rather than providing answers.
• Creating a supportive ecosystem is essential for small business growth.

Chapters

00:00 The Power of Purpose Stories

32:12 Crafting Your Own Purpose Story

keywords: purpose stories, small business, coaching, mentorship, business education, confidence building, community support, adaptability, learning strategies, economic development

In this episode of the Make Time podcast, Sam discusses the origins of the brand 25eight, emphasising the importance of clarity and education for startups. She shares insights on how the company evolved from a marketing agency to a focus on empowering businesses through educational programs. The conversation highlights the challenges faced by startups, particularly around time management and the need for clear strategies. Sam also reflects on the balance between personal growth and business success, advocating for a holistic approach to entrepreneurship.

Takeaways

• The name 25eight symbolises having an extra hour in the day.
• Startups often struggle with time management and clarity.
• Education is key to empowering startups to develop their own strategies.
• The transition from a marketing agency to an educational focus was pivotal.
• Clarity in business strategy saves time and enhances productivity.
• Building a community among startups fosters collaboration and support.
• Personal development is crucial for business leaders to avoid burnout.
• Understanding the purpose behind a brand strengthens its connection with the audience.
• The impact of educational programs can lead to significant outcomes for startups.
• Finding balance between business demands and personal well-being is essential.

• "The impact of that program was incredible."
• "The challenge was time."
• "We help them do that."

Chapters

00:00 The Origin of Make Time Podcast

04:51 Building Educational Programs for Startups

10:02The Concept of 25eight: Finding Time for Business and Self

15:17The Importance of Brand Story and Purpose

keywords: 25eight, brand story, startup education, marketing strategy, business growth, clarity, time management, personal development, small business, entrepreneurship

In this podcast episode, Sam, the CEO of 25eight and host of the podcast, shares her journey from being an international sales and marketing director to becoming an entrepreneur focused on empowering small and medium-sized businesses.

She discusses the importance of education, the challenges faced by SMEs, and the need for business owners to operate on their own terms. Sam emphasises the significance of time management and the balance between personal and professional growth.

Takeaways

• Sam introduces herself and her background in business.
• How she transitioned from a corporate career to entrepreneurship.
• Education is a catalyst for change and important for business success.
• Small and medium-sized businesses are crucial for economic development.
• Time management is a key challenge for business owners.
• Empowering business owners to run their businesses on their own terms is essential.
• The importance of community and support for startups is highlighted.
• Sam's business focuses on providing accessible education and tools for SMEs.
• There is value in slow growth and incremental progress in business.
• The podcast aims to inspire and provide confidence to business owners.

keywords: business, entrepreneurship, small business, marketing, education, leadership, digital tools, community, empowerment, growth

Chapters

00:00 Introduction to Sam and her Journey

02:55 Transitioning to Business Coaching and Education

07:46 The Importance of Small and Medium-Sized Businesses

12:20 Empowering Business Owners to Succeed

In this week's episode Sam delves into the significance of pitch training as a crucial element of business strategy. She discusses how effective pitching can help businesses understand their value proposition, stabilise sales, and adapt to market changes.

Sam emphasises the importance of understanding customer needs and tailoring pitches accordingly, as well as the dynamic nature of business growth and communication.

Takeaways

• Pitching is essential for communicating business value.
• Understanding customer needs is key to effective pitching.
• A great pitch can stabilise sales and drive growth.
• Tailoring pitches is necessary for new markets.
• Everyone in the organisation should understand the pitch.
• Pitch training helps in adapting to different audiences.
• The process of pitching is dynamic and ongoing.
• Building a sustainable business requires effective communication.
• Wisdom in business comes from knowing how to act in situations.
• Pitching can translate into actionable growth plans.

Sound Bites

• "A great pitch can stabilise your sales."
• "Your pitch needs to change as you grow."
• "Your pitch turns into a plan for profit."

Make time to grow your knowledge this week with 25eight. Link to the Five Stages of Business Quiz -https://www.25eight.co/blog/discover-... Sign up for our weekly business tips - https://25eight.kit.com/e062c5d52d Visit 25eight to learn more about our programs www.25eight.co

Chapters

00:00 The Importance of Pitch Training

05:02 Understanding Your Audience and Messaging

08:52 Adapting Your Pitch for Growth

12:06 Strategic Agility Through Pitch Training

15:49Turning Knowledge into Action

pitch training, business strategy, customer needs, market fit, growth, communication, sales pipeline, business expansion, storytelling, strategic planning

What will ensure the longevity of your business when things get tough?In this weeks episode we Make Time for Erika Hughes, the 2023 Women Manufacturer of the Year and Commercial Director of Integra Systems. Erika shares her journey in the manufacturing industry, discussing her strategic approach to business growth, innovation, and the importance of governance. She emphasises the need for resilience in navigating market challenges, the role of technology in enhancing operations, and the significance of mentorship and advisory boards in driving success. Erika also highlights the importance of cash flow management and the lessons learned during the COVID-19 pandemic, ultimately providing insights into the future of manufacturing and the integration of new technologies and what it means to be a truly pioneering business. From "Cash is king. It's oxygen." to"You need a war chest for tough times." you'll walk away with gold nuggets to help you build a sustainable and innovative business. Visit Integra Systems https://integrasystems.com.au/Connect with Erika - https://www.linkedin.com/in/erika-hughesTakeawaysThe importance of strategic governance in business.Innovation is key to staying competitive in the manufacturing sector.Building strong customer relationships is essential for long-term success.Investing in technology can drive operational efficiency and culture.Cash flow management is critical for navigating tough times.Mentorship and advisory boards can accelerate business growth.A resilient company culture fosters safety in experimentation.Understanding market positioning is crucial for business development.The circular economy mindset can lead to cost reductions.Embracing new technologies is necessary for future competitiveness.Chapters00:00 Introduction to Erica Hughes and Her Journey03:46 Career Beginnings and Strategic Growth at Ericsson06:33 Transition to Integra Systems and Innovation in Manufacturing09:51 Navigating Challenges and Customer Relationships12:52 The Secret Sauce: Passion, Structure, and Culture15:44 Market Positioning and Customer Engagement Strategies18:34 Digital Transformation and Innovation During COVID-1921:36 Balancing Cash Flow and Experimentation in Business29:22 Building a Financial War Chest31:41 Navigating Business Growth and Challenges37:26 Investing in Business Resilience40:36 Embracing Circular Economy Principles46:47 Fostering Internal Growth and Development48:34 The Future of Business: AI and Digital TransformationMake time to grow your knowledge this week with 25eight. Link to the Five Stages of Business Quiz -https://www.25eight.co/blog/discover-... Sign up for our weekly business tips - https://25eight.kit.com/e062c5d52d Visit 25eight to learn more about our programs www.25eight.coKeywordsbusiness growth, innovation, strategic governance, customer relationships, digital transformation, cash flow management, mentorship, innovation, business legacy, business management, new product innovation

In this week's episode, Sam discusses the importance of focusing on core competencies, especially during uncertain times or in the early stages of business. She shares insights from her own experience in her 10 years of Small-Medium Business Leadership and talks about how you can use the strategic framework, The Hedgehog Concept, developed by Jim Collins to become a great company. Looking at Lego and Kodak, Sam illustrates the risks of diversification and the benefits of honing in on what a business does best.

Sam emphasises that sustainable growth comes from clarity, focus, and understanding market needs, urging listeners to resist the temptation to diversify too early before you have found your strength.

Takeaways

• Focus on your core strengths
• Diversification can dilute your business's strengths.
• Use strategic frameworks like Jim Collins' hedgehog concept.
• Lego's success came from returning to its core product.
• Kodak's decline was due to lack of focus
• Understand what your business can do better than anyone else.
• Align your passions with your business strategy.
• Market needs should guide your business decisions.
• Avoid overextending your resources too early.
• Sustainable growth is about focus, not diversification.

Chapters

00:00 Navigating Uncertainty During the Pandemic

03:25 The Hedgehog Concept: Focusing on Core Strengths

06:51 Case Studies: Lessons from Lego and Kodak

09:27 Strategies for Sustainable Growth

12:40 Conclusion and Call to Action

Make time to grow your knowledge this week with 25eight. Link to the Five Stages of Business Quiz -⁠https://www.25eight.co/blog/discover-...⁠ Sign up for our weekly business tips - ⁠https://25eight.kit.com/e062c5d52d⁠ Visit 25eight to learn more about our programs www.25eight.co

Keywords

business strategy, core competencies, pandemic impact, Lego case study, Kodak decline, sustainable growth, Jim Collins, entrepreneurship, market focus, business success

In this episode, Sam discusses the challenges businesses face in achieving product market fit (PMF) and offers strategies to overcome these obstacles.

She highlights common pitfalls such as insufficient market research, overestimating early feedback, ignoring customer input, and premature scaling. Sam emphasises the importance of continuous validation, strong feedback loops, and strategic agility in adapting to market demands.

The episode concludes with the notion that achieving PMF is an ongoing journey that requires constant refinement and understanding of customer needs.

takeaways

• Many businesses struggle to achieve product market fit due to various challenges.
• Insufficient market demand is a leading cause of business failure.
• Conducting thorough market research is crucial for understanding customer needs.
• Ignoring customer feedback can lead to misaligned products.
• Premature scaling can waste resources and harm customer retention.
• Early sales success can be misleading and should be validated further.
• Establishing strong feedback loops is essential for product evolution.
• Scaling should only occur when clear indicators of product market fit are present.
• Staying agile and ready to pivot is vital for business success.
• Finding product market fit is an ongoing journey that requires continuous refinement.

Chapters

00:00 Understanding Product Market Fit Challenges

10:23 Strategies for Achieving Product Market Fit

Make time to grow your knowledge this week with 25eight. Link to the Five Stages of Business Quiz -https://www.25eight.co/blog/discover-... Sign up for our weekly business tips - https://25eight.kit.com/e062c5d52d Visit 25eight to learn more about our programs www.25eight.co

Keywords

product market fit, business challenges, market research, customer feedback, scaling, agile business, strategic leadership

In this week's episode of Make Time, Sam discusses the critical importance of product market fit for all businesses, regardless of what stage you are in. She highlights that it is the key factor in determining success or failure. With statistics on startup failures due to lack of market need and explanations how achieving product market fit can lead to accelerated growth and sustainability, Sam demonstrates the importance as well as sharing examples of companies that successfully adapted to market demands, as well as those that failed due to misalignment. She stresses the need for continuous assessment of product market fit and offers strategies for businesses to ensure they meet customer needs effectively.

Key takeaways:

• Product market fit is crucial for business success.
• 42% of startups fail due to lack of market need.
• Achieving product market fit reduces risk in launching.
• Prioritising market fit accelerates growth and conserves resources.
• Product market fit is not static; it requires constant review.
• Successful companies adapt to changing market demands.
• Understanding customer needs is essential for product market fit.
• Financial mismanagement is a leading cause of business failure.
• Regularly assess your product market fit to ensure sustainability.
• Engage with customers to gather feedback and improve offerings.

Chapters:

00:00 Understanding Product Market Fit

03:10 The Importance of Financial Management

05:39 Adapting to Market Changes

08:17 Strategies for Maintaining Product Market Fit

10:59 Practical Steps to Achieve Product Market Fit

Make time to grow your knowledge this week with 25eight.Link to the Five Stages of Business Quiz -https://www.25eight.co/blog/discover-your-stage-of-business-growth-and-the-strategies-to-reach-the-next-levelSign up for our weekly business tips - https://25eight.kit.com/e062c5d52dVisit 25eight to learn more about our programswww.25eight.co

Keywords: product market fit, business success, startup failure, customer feedback, market demand, business strategy, growth, sustainability, financial management, market adaptation

In this episode, CEO of 25eight, Sam Hurley discusses the critical importance of focus in both personal and business contexts. Highlighting the cognitive limitations that hinder our ability to maintain attention, the challenges posed by modern distractions, and the significant impact of focus on business growth and operational efficiency at whatever stage your business is at and the need for strategic focus for business leaders to navigate challenges and ensure sustainable growth.

Takeaways

Focus is essential for improving performance and customer satisfaction.

Cognitive limitations and environmental factors challenge our ability to focus.

Multitasking can lead to decreased focus and increased errors.

Mental fatigue and stress consume cognitive resources, hindering attention.

Excessive mind wandering can impede task performance.

Modern lifestyles create an overwhelming attentional environment.

Businesses often struggle with scattered priorities and resources.

A focused approach is likened to a laser beam rather than a light bulb.

Operational efficiency is crucial for maintaining a unique value proposition.

Strategic focus is necessary to avoid complacency and ensure legacy.

Chapters

00:00 The Power of Focus

03:25 Challenges to Maintaining Focus

04:42 The Impact of Focus on Business Growth

07:02 Navigating Business Challenges with Focus

Make time to grow your knowledge this week with 25eight.

Link to the Five Stages of Business Quiz -https://www.25eight.co/blog/discover-your-stage-of-business-growth-and-the-strategies-to-reach-the-next-level

Sign up for our weekly business tips - https://25eight.kit.com/e062c5d52d

Visit 25eight to learn more about our programs

www.25eight.co

This week on Make Time: A business podcast by 25eight, we make time for Michelle Creevey, CEO of Purpose Procurement and ex supply chain leader from Boeing Defence Australia. Interviewed by Make Time host, Sam Hurley, CEO of 25eight. 25eight. Business education & high performance training for SMEs who like to work smarter, not harder.

In this episode of Make Time, host Sam Hurley interviews Michelle Creevey, CEO of Purpose Procurement and former supply chain leader of Boeing Defence Australia.

They discuss Michelle's extensive experience in procurement and supply chain management as Michelle shares her journey from hospitality to aerospace. She talks about the importance of strategic partnerships, and the challenges SMEs face in the procurement process. She highlights the Capability Uplift Program at Boeing, aimed at supporting small to medium businesses in navigating the defence industry. The chat emphasises the need for transparency, relationship building, and understanding the procurement process to foster successful collaborations between SMEs and large organisations, so you have a better chance of winning work.

Takeaways

Michelle transitioned from hospitality to procurement.

Intentional procurement is crucial for success.

Opportunities for improvement exist in every company.

People-centric approaches enhance supply chain management.

Transparency is key in supplier relationships.

SMEs should leverage existing relationships.

Quad charts are essential for effective communication in defence industry.

A no bid can build relationships.Strategic partnerships can enhance bidding success.

Sound Bites

"Every single item that was procured was intentional."

"There's always opportunities to do something different."

"Putting people before process is essential."

"We needed to open our doors and be transparent."

"Leverage your relationships, even if they're not direct."

"Get your quad chart right, it's essential."

"A no bid can be a good win as well."

Chapters

01:00 - Michelle Creevey's Journey into Procurement

06:46 - Transitioning from Hospitality to Aerospace

12:01 - The Capability Uplift Program at Boeing

18:08 - Engaging SMEs in the Procurement Process

23:55 - Understanding the Procurement Process

30:09 - The Importance of Strategic Partnerships

35:54 - Michelle's New Venture: Purpose Procurement

Follow us on Spotify to never miss an episode

Sign up for our weekly business tips - https://25eight.kit.com/e062c5d52d

Visit 25eight to learn more about our programswww.25eight.co

Connect with Sam on LinkedInhttps://www.linkedin.com/in/samanthalhurleyVisit Michelle's websitehttps://www.purposeprocurement.com.au/Connect with Michelle on LinkedInhttps://www.linkedin.com/in/michelle-creevey

What stage of growth is your business?

In this episode, CEO of 25eight Sam Hurley, describes the characteristics of the five stages of small business growth as identified by Churchill & Lewis and published by Harvard Business Review.

By understanding these stages it helps us to better navigate the challenges of entrepreneurship effectively and what the most important thing we need to focus on.

The stages include:

• Existence,
• Survival,
• Success,
• Take-Off and,
• Resource Maturity.

Each with its unique characteristics and challenges.

Sam also highlights the significance of leadership, strategic planning, and adapting to market changes as critical factors for success in business and provides a tool for you to pinpoint your stages of growth.

Make time to grow your knowledge this week with 25eight.

Link to the Five Stages of Business Quiz -https://www.25eight.co/blog/discover-your-stage-of-business-growth-and-the-strategies-to-reach-the-next-level

Sign up for our weekly business tips - https://25eight.kit.com/e062c5d52d

Visit 25eight to learn more about our programs

www.25eight.co