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Alan Barratt: £70 a Week to Billion Dollar Brand | Grenade's Secret Recipe 💪

Are you in the start-up phase and struggling to get your business off of the ground? Rob interviews Alan Barratt founder of Grenade, the UK's largest supplement company, together they discuss the best ways to growing and scaling a successful business whilst balancing a happy and healthy life.

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KEY TAKEAWAYS
Ways to have a successful business.

● Partnership. This is one of the key factors that accelerates the growth and success of a business. Having the right partner in your business is very essential because he or she will advise you on the ideas you make concerning your business. You also get to make a well-informed decision.

● Share costing. Having partners in a business is advantageous to you also as the investor because you get to share the cost of the capital to invest and you get to share the cost of the losses also. This way, you get to save money.

● Hobby or passion. If your hobby or passion can be grown into a business, this will turn out to be a
very successful business because you will not be forced to work on it. After all, it's what you love doing. Having passion as a business is advantageous because you have that drive in you to go to work on your business. After all, it's what you love doing.

● Don’t focus your business on making money but on customer satisfaction. The greatest thing you can do in a business is focusing on making a product that satisfies the need of the customer. When you produce such a product, be sure that money will come your way because people will always want to buy your product and they will even refer someone to go buy your product. Focus on solving a problem that lots of people have.

● Focus on building a trusted brand. This is also a secret to having a successful business, once you develop a brand that everyone likes or trust, the money will always come your way because people always want to buy a product that has a brand that you trust.

● Having the right attitude. The business will grow once you have the right attitude because you
remain focused on the ultimate goal of the business and nothing will alter you to change your focus on the goal of the business.

● Having a routine. Having a well-structured routine to run by is essential for people who have a
business to run and with this, you will be able to closely monitor and run your business smoothly and you will have a successful business.

● Knowledge and skills. For you to have and run a successful business, you need to have the right
knowledge and skills to run that particular business. Always have that hunger to educate yourself
more on the business that you have because you will go far in your business with the right skills.

● Learn and understand people. The business will grow and run well when people or team or your
employees feel that you are understanding them and treating them the way they want to be treated
because they will work for you very well and be loyal to you and your business. Just do what you say you'll do, do it well and do it to the best of your ability.

● Understanding the market. Before you start your business or start producing something, you should know your market very well. You should do research and know how long the market will last, how much is the demand for that product and how you can make that product to be better so that the market or the demand can increase and last for a lifetime.

● Start working on your business and stop waiting for the perfect time. There's no such thing as the perfect business model. The perfect business model is the one that works for you.

● Create a quality product. People will just pay more for something better.
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Видео Alan Barratt: £70 a Week to Billion Dollar Brand | Grenade's Secret Recipe 💪 канала Rob Moore
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13 марта 2020 г. 23:00:12
02:20:49
Яндекс.Метрика