557: Break Outside Your Comfort Zone, Move Faster, and Be Your Best: Run a Goal-Oriented, Self-Aware, Optimized Online Business with Philip Williams

Philip Williams has been learning about small businesses since the age of 8 at the family dinner table . Raised by a Barber Shop and Auto Salvage Yard owner, Philip climbed the corporate ladder outside the family business. He’s worked in several different industries helping companies solve the right problems first.

He's a 3-time Inc5000 honoree after becoming the CEO of a 17 year old cash strapped company and growing it at 50% per year for 5 straight years. That resulted in two nearly simultaneous acquisition offers from two publicly traded multi-national corporations. He accomplished it all by bootstrapping the business - no outside money.

He's bought and sold a couple companies and been through the highs and lows you can only experience through small business ownership. Today, he helps small business owners build profitable and well respected companies through his consulting firm.

Quotes:                                                                                                                                   

“If you want your team to feel comfortable with sticking their neck out, then when they fall down, it's just like when your two-year-old falls down while learning to walk. You pick them up, hug them, dust them off, let them know it's okay, and we go for it again.” – Philip Williams

“Nobody comes to work to your company every day because they love your balance sheet. They come to work because they know that they love what you do.” - Philip Williams

“Don't worry about the competition. Focus on what you have to do to be your best on Monday, Tuesday, Wednesday, and Thursday. If you run your business like that, in two or three years, you will be the apex predator in your market.” - Philip Williams

Takeaways:

05:25 Breaking out of your comfort zone requires logical planning and a systematic approach to understanding your business's true capabilities.

11:01 Creating an annual award that celebrates mistakes helps build a culture of learning, innovation, and team resilience.

21:43 Focus on being your best every day instead of constantly comparing yourself to competitors or getting distracted by external pressures.

25:27 Keep a personal record of past successes to remind yourself of your ability to overcome challenges and bounce back from setbacks.

28:59 Small businesses between 6-50 employees can benefit from an external perspective that analyzes both operational numbers and team dynamics.

Resources

Podcast: Play in new window | Download (Duration: 30:56 — 28.4MB) | Embed

Subscribe: Apple Podcasts | Spotify | Amazon Music | iHeartRadio | Podchaser | RSS

Filed in: Archive 3: 2018-2020 • Interview • Podcast

Comments are closed.

«
»

↑ Back to Top