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Growth - What It Takes to Build a Business That Lasts with Matthew Wigham
Manage episode 471749625 series 3154733
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In this episode of the Stay Hungry Podcast, Joel sat down with Matthew Wigham, an entrepreneur who transformed a £5,000 loft boarding business into a seven-figure powerhouse, but his story didn’t start there. Matthew’s journey is a masterclass in spotting opportunities, taking calculated risks, and scaling a business the right way.
From cleaning windows to managing multiple teams, Matthew shares how he transitioned from working in his business to working on it. He reveals the key decisions that set him apart, including how he challenged industry norms, restructured pricing models, and built a rock-solid management team that allows him to step back without the business falling apart.
But success isn’t just about strategy, it’s about mindset. Matthew opens up about the importance of financial intelligence, the concept of “fast money vs. slow money,” and why he ensures that his investments fund his lifestyle, not just his day job. He also talks about his biggest lessons in leadership, delegation, and why hiring the right people is the key to long-term growth.
We dive into:
• How a £5,000 business purchase turned into a multi-million-pound operation.
• Why spotting opportunities where others see limitations is the key to growth.
• The mindset shift that helped Matthew step away from hands-on work and become a true CEO.
• The power of delegation, trust, and building a strong management team.
• Fast money vs. slow money - and how Matthew ensures his investments pay for his lifestyle.
Packed with insights, real-life lessons, and a no-nonsense approach to business, this is an episode you don’t want to miss.
Listen now!
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