19. How to grow your business without killing yourself – Alvin Poh
Manage episode 301136837 series 2846822
Are you looking to grow your business to a six, seven or even figures without killing yourself? If the answer is yes, you’re going to love today’s interview with Alvin Poh, a tech entrepreneur based in Singapore.
At the age of 33 years old, he sold his Internet business Voiden for $30 million. This was the business that he scaled up from $0 all the way to Singapore's #1 hosting provider with 35,000 clients and a team of 150 before the 8-figure exit. Alvin then spent the next few years traveling the world, exploring new hobbies like snowboarding, kite surfing and many more.
In 2020, he returned to Singapore and developed the 5E Scale Engine, which was the framework he used to scale up his business. Using that, he coaches entrepreneurs, just like himself, on how to Super Scale their businesses so that they can achieve breakthrough profits and find time freedom.
If that’s what you want as well, keep listening to this interview!
If you're an entrepreneur currently in the process of growing your business, listen in at 24:24 where Alvin shares a few mistakes entrepreneurs are currently making, including a strategy for each one.
And listen in to Alvin's answers to the following questions:
- Alvin, from a kid with only pocket money for bus rides and lunch in school, how did you end up becoming the CEO of an internet company? - 1:09
- How did the $30m make your life better, and also worse? - 7:37
- If material goods aren’t your source of happiness, then what is? - 11:37
- Was your exit strategy very clear cut at the beginning? - 12:58
- How can we make a company sellable? - 18:43
- Is there a distinction between scaling and growing? - 20:06
- Why should businesses consider scaling? - 22:49
- What are some of the mistakes entrepreneurs making and how we can avoid them? - 24:24
- Is there a distinction between a 6, 7 and 8 figure business? - 28:02
- Tell us about your book, Super Scaling and your 5E scaling framework - 29:47
- How can we detach from the business to allow us to scale? - 30:57
- How can we get a copy of your book? - 34:50
- What’s next for you Alvin? - 35:55
If you want to keep in touch with Alvin, you can reach him on Instagram @alvinpohofficial. You can also pick up a copy of Alvin's book Super Scaling on his website at: http://superscaling.com/book.
Read these books to become highly sought after in your own industry -> www.pickericsbrain.com
Thank you for listening to this episode of #HighlySoughtAfter!
If you enjoyed this episode, please help me hit the ‘subscribe’ button if you’re listening on Apple Podcasts or hit the ‘follow’ button if you are listening on Spotify.
I would also love to hear your biggest takeaway from this episode! Here’s how: take a screenshot of you listening to #HighlySoughtAfter and tag me on Instagram. My handle is @ericgoesglobal. This way, I can personally thank you!
34 episodes