In this episode of the Digital Toolbox Podcast, host Manny interviews Edwyn Kumar, a business coach and consultant. Edwyn shares his background and expertise in helping small to medium businesses grow and scale. He emphasizes the importance of specialization and delivering a high-quality product or service. Edwin also discusses the operational side of business, the need for strategic decision-making, and the value of forming strong relationships.
Edwyn provides insights on scaling a business and the critical role of networking and partnerships. In this conversation, Edwyn shares valuable insights on growing a business in the home service industry. He emphasizes the importance of building a strong network and finding ambitious individuals to grow with. Edwyn also discusses the need for efficient business structures and the concept of integrated development.
He challenges the idea of not working with family and highlights the importance of trust and communication within a team. Edwyn provides practical advice on scaling a business, optimizing operational logistics, and prioritizing the right areas for growth.
Edwyn's Contact Details:
Website: https://ultrateamdev.ca/
LinkedIn: https://www.linkedin.com/in/edwyn-kumar/
Instagram: https://www.instagram.com/ultrateamdev
Takeaways

• Specialize in a specific area or service to dominate a market
• Develop operational structures that support your core product or service
• Focus on business development and personal branding to scale your business
• Build strong relationships and network with others in your industry
• Consider partnerships and collaborations to expand your offerings
• Reverse engineer your business goals to determine the necessary steps for growth Building a strong network and finding ambitious individuals to grow with is crucial for business growth.
• Efficient business structures and integrated development are key to scaling a business.
• Working with family can be successful if there is trust and effective communication.
• Optimizing operational logistics and prioritizing the right areas for growth are essential for scaling a business.
  

Chapters

00:00
Introduction and Background

07:26
Specialization and Delivering a High-Quality Product

16:03
Operational Structure and Strategic Decision-Making

21:08
The Value of Forming Strong Relationships

25:42
Networking and Partnerships for Business Growth

30:08
Scaling a Business through Business Development

33:56
Reverse Engineering Business Goals for Growth

41:49
Does It Have Legs?

48:09
Focus on the Right Things

52:28
Prioritizing Your Top Priority

56:47
Responsibility, Authority, and Accountability

01:02:45
Color Code Your Schedule
Keywords
business growth, scaling a business, specialization, operational structure, strategic decision-making, forming relationships, networking, partnerships, business growth, home service industry, network, ambitious individuals, business structure, integrated development, working with family, trust, communication, scaling a business, operational logistics, growth priorities
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