Building a million pound business within 3 years is no small feat. Yet, that’s exactly what Andy Fox from iAutoUK has done. In a Business Zone interview, Andy reveals what he believes are the traits and skills needed to build a million pound business:
- Understand both your strengths and weaknesses – you can focus on your strengths if you can have a team around you that can compensate for your weaknesses.
- Understand your market inside out.
- Don’t stray from your budget.
- Ask for advice when you need it.
- Do not be worried to grow slowly, but do demonstrate bravery and take calculated risks.
- Be decisive.