Posts Tagged ‘business’
Why Startups Stall
It’s easy to start something today. Now that the gatekeepers are leaving their gates and the barrier to entry is lower than ever, anyone with an idea and an Internet connection can start a business. You don’t need a big staff on payroll or a factory to get the work done. So more people are…
Read More10 Things To Do With Happy Customers
1. Treasure and thank them. Then work really hard to keep them. 2. Connect them to each other. 3. Reward their loyalty. 4. Give them platforms and places to engage with your brand. 5. Listen to their ideas. 6. Watch how they interact with your product. 7. Ask them what you could be doing better.…
Read MoreWhy The Price Doesn’t Always Matter
At the start of the last school year as I stood in a queue I overheard a mother asking an assistant if the $200 calculator she was holding would be coming down in price. The assistant replied that this had been the price for a while, pointing out that the calculator was only required for…
Read MoreDon’t Worry So Much About Awareness
Just the thought of the kind of marketing dollars the big brands will have invested in advertising for the Olympics is enough to make my eyes water. The result, millions of dollars worth of beautifully shot, feel good commercials that probably won’t sell many more phone plans or gold cards. Awareness, not sales is their…
Read MoreHow To Attract More Of The Right Customers
How can you attract more of the customers you want to work with? Easy. Tell people who you want to work with. Tell them with your pricing and your website copy. Talk about your values. Frame your scarcity. Don’t be afraid to spell it out. When Tiffany & Co (who position themselves as the world’s…
Read More20 Questions To Answer Before Asking How Much Money Can I Make?
1. Why do I want to do this? 2. What do I care about? 3. What brings me joy? 4. What am I good at? 5. What’s scarce? 6. What problem can I solve? 7. Who needs me? 8. How can I make a difference? 9. How can I deliver value? 10.What can I change?…
Read MoreThey Miss Us Now We’re Gone
The shopping malls are empty and the big department store owners are worried. They’ve finally got the memo. They realise that they can’t out-stock Amazon, or price match the guy from Seoul selling wallets on eBay. So they’re trying to woo us back with loyalty cards, air miles and faster ways to checkout our less…
Read MoreWe Don’t Have To
We arrived at the restaurant right on time, because we knew they needed the table by 7pm for the next booking. The waitress forgot to smile as we pushed open the door, where the sign still read ‘closed’. “We’ll be open in three minutes!” she barked. Oh. The smile never made an appearance. But that’s…
Read MoreThe Sure Thing
If you’ve ever watched surfers you’ll know that they spend far more time reading the waves, than riding them. And despite all of the waiting, watching and experience, they still sometimes choose the wrong wave to ride. In the end they take their best guess, commit and go. And so it goes for ideas too.…
Read MoreHow To Charge What You’re Worth
The days when you clocked in and out, and got paid by the hour for dipping squares of caramel into big vats of icing, (pink or white—a job my mother did for years), at the factory, are largely gone. You don’t get paid for showing up. And yet that’s how many creative entrepreneurs try to…
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