20 Mistakes to Avoid for Payroll Business Growth

In this latest episode, Matt shares 20 essential lessons he learned while growing his company, tailored for those in the payroll industry but valuable for any business owner. Avoid the pitfalls and set your business on the path to success with these actionable insights. He covers the following mistakes to avoid:

• Being too big picture focused
• Not following blueprints
• Attrition math
• Niching down
• Offering too much
• and more…

Three Key Takeaways

1. Prioritize short-term actionable steps over distant future goals to maintain momentum and clarity.
2. Concentrate on specific market segments to increase efficiency and standout in a crowded industry.
3. Distinguish between marketing and sales efforts, and ensure you proactively pursue new business opportunities

Subscribe Now!

⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Apple⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ |⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Google⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ |⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Spotify⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Ways we can help you:

-> Want to grow your payroll company?⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Click here.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

-> Looking for easy-to-use White Label HR Software?⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Click here.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

-> Want to sell your payroll business or make a partial exit?⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Click here.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

-> Want to grow your personal brand on LinkedIn?⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠Click here.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Enjoying the show?

*Are you enjoying Payrollin'? Please subscribe and rate us five stars on your player of choice. It helps us continue to improve.

*Do you love the show and want to see Matt and the guest's smiling faces?⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Subscribe to our Youtube channel⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.

*Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://anchor.fm/payrollin/message

*Support the pod by spreading the word, become a referrer and earn free Guhroo swag here: https://refer.fm/payrollingrowingapayrollbusinessthatmatters

Other Episodes You Might Enjoy:

• The Perfect Exit Plan: Strategies for Maximizing Bureau Value with John Mason-Smith
• Unpacking Our Winning Sales Strategies: A Deep Dive into Our Last 10 Deals with Zach Lawley
• How to increase payroll sales | Where to start and how to approach building your sales engine

Resources

⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Marketing Case Study - How we 10x’ed Our Inbound Leads⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Three Keys to Expand Your Payroll Business⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Selling in a Virtual World⁠