What Should You Do When Your Business Stops Growing? | Ep. #184
What Should You Do When Your Business Stops Growing? | Ep. #184

What Should You Do When Your Business Stops Growing? | Ep. #184

Nomzy Stholly

11 min
Investing & Markets
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<p>In Episode #184, Eric and Neil discuss what you should do when your business stops growing. There are many different solutions and options you can explore before deciding to throw the towel. Tune in to find out what Eric and Neil used as solutions when their own businesses were struggling and how an outsider’s perspective can make all the difference in saving your business.</p> <h3>Time Stamped Show Notes:</h3> <ul> <li>00:30 – Today’s topic: <em>What Should You Do When Your Business Stops Growing?</em></li> <li>00:45 – First, look at your analytics and numbers and see what’s going on <ul> <li>00:53 – Are you losing traffic? Assess, then look at the actions you should take</li> <li>02:00 – Do your due diligence, don’t necessarily give up</li> </ul> </li> <li>02:20 – Look at other businesses and see how they are growing, learn from them</li> <li>03:37 – Sometimes you’re too close minded about your processes <ul> <li>04:00 – Neil shares an example from his own personal experience</li> <li>04:14 – One small change like changing URL structure, does make the difference to growing your traffic</li> <li>05:17 – The solution isn’t necessarily in your head, step back, and try to look at it form an objective perspective</li> </ul> </li> <li>05:30 – Network with others, be transparent with what’s happening, and you might get the RIGHT feedback and ideas that are worth trying out and will HIT that problem</li> <li>06:14 – Just because you’re an expert in your space, doesn’t mean you know how to grow your own business</li> <li>06:36 – Sometimes you’re too close to your own business to see what needs changing</li> <li>06:45 – Pay contractors and find consultants, or go to networking events</li> <li>07:40 – Eric shares his struggle with finding lead sources; check out <a href= "http://nathanlatka.com/he-bought-a-150kmo-agency-for-2-with-eric-siu/"> Nathan La</a><a href= "http://nathanlatka.com/he-bought-a-150kmo-agency-for-2-with-eric-siu/">tka's podcast He Bought a $150k/mo Agency for $2 with Eric Siu<br /></a><br /> <ul> <

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