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 – You can’t do everything yourself – Hire a great team

 

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2015 Businesswomen’s Hall of Fame inductee Cathie Reid shares her personal secrets to success and what’s guided her along this path as a female entrepreneur in this herBusiness podcast episode.

Cathie is a managing partner of her business Epic Pharmacy Group, a leading major pharmacy service provider. Epic Pharmacy Group provides specialised pharmacy services to private hospitals, cancer care and residential age care sectors. Cathie is passionate about providing quality healthcare services and has worked in the healthcare sector ever since the age of 16.

Cathie is also a self-proclaimed “tech geek” and loves using new technology to get her business ahead. She was one of only a handful of Australians invited to the Google Glass explorer program and says she loves exploring and discovering wearable technology.

Cathie’s advice to fellow businesswomen is to realise that you can’t do everything yourself. She highlights the importance of hiring smart and productive people who can do the tasks you don’t have time for just as well or better than you. Cathie was forced to learn and practice this concept right away as Epic Pharmacy Group started out when they bought four pharmacies in three states in just three months.

Listen to this herBusiness interview with Cathie Reid to learn:

  • The importance of hiring and relying on your team
  • The value of a positive office culture
  • Why you should make sure your employees understand your vision
  • How to overcome failure
  • Why creating a passionate team that’s given opportunities to contribute can be great for your business
  • The importance of knowing your financial numbers
  • Why an advisory board can be valuable
  • How to combat the imposter syndrome

Though Rachel must use many forms of social media for her job, she says her favourite is Instagram. She loves the visuals and that she doesn’t have to scroll through paragraphs of text and advertising.

This post was co-authored by Courtney Sweeney. Courtney is currently completing a journalism internship at the Australian Businesswomen’s Network. She studies journalism, political science, and public relations at Michigan State University in the United States.

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About the host

Suzi Dafnis

Hi there. I’m Suzi Dafnis, CEO at HerBusiness. My BIG passion is helping women business owners to grow and scale their business, so that they can create their ideal lifestyle and make a difference in the world. Every day I am inspired by the more than 30,000 amazing women (and men!) in our community and I love finding the best education, mentors, and resources from around the globe, to help them get the skills, knowledge, and support they need to succeed. It’s been my privilege to lead HerBusiness (formerly The Australian Businesswomen’s Network) for the past 23 years (two+ decades – WOW!) because, whilst I’ve enjoyed success in business, I’ve also experienced the highs and the lows – sometimes you can feel on top of the world and in control and other times you can feel isolated, exhausted and stuck. What has made the biggest difference for me has always been having great people around me and having a lifelong commitment to learning. That’s why I am so passionate about the work we do here at HerBusiness – providing a Connection Network for women in business to get the mentors, contacts, referrals, knowledge, and skills they need to grow their confidence, make more money, build their businesses, expand their network and create the lives they love. My entrepreneurial journey started in the spare room of my Sydney apartment in 1994 when my business partner and I started a boutique events company that represented speakers and authors from the USA, here in Australia. Over the years I’ve grown multiple multi-million dollar businesses in the events, publishing and education niches – with teams in Australia, New Zealand, and the USA. Not everything has worked and there has been a degree of trial and error, and a lot of bumps in the road. But I have always had a strong commitment to always surrounding myself with great mentors and like-minded peers – a Connection Network that I can depend on and who can depend on me to be there for them too. I truly do what I love, every day.  

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About the guest(s)

Cathie Reid

Cathie Reid

As Managing Partner of the Epic Pharmacy Group, Cathie Reid leads Australia’s major pharmacy service provider. What’s more, the Epic Group has spawned APHS Packaging and Icon Cancer Care, two successful Australian businesses that are compassionate towards community needs. The former delivers medication compliance packages to over 20,000 elderly Australians, whilst the latter manages more than 75,000 patient visits yearly, which makes it Australia’s largest private provider of cancer care. Cathie practices a creative approach to business and the health industry, and her innovation has been recognised worldwide as she was one of just a few Australians invited to participate in the Google Glass explorer program. Cathie is the consummate entrepreneur and in order to pioneer great strides in pharmaceutical healthcare, she is not afraid to experiment with technology. Having devised ground breaking ways to implement Google Glass, Cathie keeps the Epic Pharmacy Group cutting-edge.

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