Business Strategy Tag Archive

What do you offer – a want or a need, high or low price

(Excerpt from Price, wants, needs and perils of urgent by Seth Godin) There are four quadrants, and the thing you offer can fit into one of them. Low-priced wants – Because it’s cheap, it might appeal to the...

Matrix, Strategy Read More

The Demand Matrix

(Excerpt from Your Move by Ramit Sethi) In the upper right-hand corner of the chart, you’ve got the Golden Goose. Ideas that fall under this section make GREAT businesses. That’s because these ideas have the...

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Types of education business

(Excerpt from Monday Musings 6 Jul 2020 by David Perell) Some observations on the future of education from Tiago Forte: Most online courses until now have been performance-driven, as in “direct response...

Learning, Strategy Read More

Small companies win because big companies are inflexible

(Excerpt from The Road Less Stupid by Keith Cunningham) What creates opportunity for the small guys (the entrepreneurs of the world) is the inflexibility of the big guys to treat each customer as a king (instead of a...

Strategy Read More

Should you take the offer to sell your business?

(Extracted from FckdEx by Scott Galloway) There was a great deal of discussion on whether to sell. I urged the founders, naturally optimistic about the firm’s prospects, to sell. The difference between $1 million and...

Life, Strategy Read More

Find your “EST”

(Extracted from The Pumpkin Plan by Mike Michalowicz) Find your “EST.” When you’re the “est” of something—the biggest, the brightest, the smelliest—you can create your own curve. To find your “est,”...

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Clients only think about what they want and not the resources you need

(Extracted from The Pumpkin Plan by Mike Michalowicz) Clients only think about what they want. They don’t think about overhead, resources, brand integrity or your long-range planning. You as the entrepreneur have to...

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A common label doesn’t differentiate you from your competitors

(Excerpt from The Pumpkin Plan by Mike Michalowicz) A broker, a business coach, a lawyer, a whatever…these are all labels. These labels put you in a generic category, making it easy for clients and prospects to...

Stereotype, Strategy Read More

Say no to money that’s outside of your business focus

(Extracted from Built to Sell by John Warrillow) Stopping yourself from accepting projects outside of your scalable product or service is the toughest part of creating a business that can thrive without you. You will...

Focus, Strategy Read More

10x better

(Excerpt from Zero to One by Peter Thiel) Companies must strive for 10x better because merely incremental improvements often end up meaning no improvement at all for the end user. Suppose you develop a new wind turbine...

Strategy Read More