Been There Done That – Building A £1m Business

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.