In Episode 3 of Mick and Britt Arnold’s “Love ‘n Business” podcast, they’re reviewing their specific plans to strategically grow their respective businesses – and how you can too!
Highlights include:
- Using a SWOT analysis to craft your protocols & processes for growth.
- Being the small fish in the big pond is the best way to learn. Find people that align with your goals.
- Mick goes over how the Arnold Packaging & Automation executive team approached their SWOT and what it revealed. For one thing, he sees a loss of institutional knowledge from attrition in his 90-year-old company. Training is a BIG focus for 2024.
- Britt does the same for smaller and more agile Tegler Construction & Supply. She’s focusing on capitalizing and diversifying within a niche.
- Keeping retired teammates accessible as a resource.
- “Good, Fast, Cheap: Keep two.” No one wants to fall back on fast and cheap.
- Protocols & Processes essential for a growing business: Redundancy, SOPs, checks and balances, and a training library.
- Challenging your team to be chief visionary officers.
- January is the “monday” of the year. It’s the time to get those protocols & processes in place.
- Get scrappy!
Click below to watch LNB Episode 3 (and be sure to leave a comment with any thoughts or suggestions!)…
About “Love ‘n Business”
Mick Arnold runs his 90+ year old family business, Arnold Packaging as well as his latest venture, Arnold Automation. His wife, Britt Tegeler Arnold, founded Tegeler Construction & Supply in 2016.
In their “Love ‘n Business” podcast, you’ll have a front row seat as they speak openly about navigating their businesses, entrepreneurship, relationships, and life, with their unusual dynamic.
You can view past and future episodes right here.
