Tuesday, June 25, 2024

Alex Armstrong-Paling – Toolfit – On Top 5 Mistakes When Starting A New Business

Leaders Perception Magazine is currently running an interview series called – What Are The Top 5 Mistakes People Make When Starting A New Business?

Today, we had the opportunity to interview Alex Armstrong-Paling who is a Managing Director at Toolfit.

Interviewee Name: Alex Armstrong-Paling

Company: Toolfit

Alex Armstrong-Paling’s favourite quote: The best way to predict the future is to create it

The Interview

Thank you so much for joining us today! Tell us a little bit about yourself. What is your backstory?

Alex Armstrong-Paling : My name is Alex Armstrong-Paling, and I work with Toolfit as its managing director. I’ve always enjoyed conducting interviews and learning about various viewpoints. It benefits my personal growth and that of my viewers.

In your opinion, what makes your company stand out? Any examples?

Alex Armstrong-Paling : Connect with your customers. Anticipate their needs and exceed their expectations. In doing so, you will begin to elevate “customers” into “fans”. Fans are those customers that tell others about your company; invest in them and your business will surely stand out from the crowd.

What are the TOP 5 mistakes people make when starting a new business? Please share advice/examples for all of them.

Alex Armstrong-Paling : Doing everything by yourself

Entrepreneurs frequently make the mistake of believing they are on their own and attempting to work alone without the support of expert counsel. Try not to start a new company by yourself. Find and hire reliable, experienced advisors to talk about your business’s ideas, strategy, obstacles, and development. There is strength and wisdom in the abundance of counsel. Encourage four individuals to join your organization as advisers so that you may obtain ongoing input and make fewer errors.

Leaders Perception magaizne would like to thank Alex Armstrong-Paling for the time dedicated to completing this interview and sharing their valuable insights with our readers!

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