entrepreneurs
256 posts
Better Work Happens By Design
My parents both left school in their early teens. They and most of their peers were manual labourers, who didn’t get to choose the kind of work they did. They worked in factories or on building sites for most of their lives. Work for them was a means to an end—a way to contribute to…
Efficiency Vs. Meaning
Mike’s been driving for Uber for three years. In that time he’s done 20,000 trips while maintaining a consistent 4.94-star rating. Mike works when he wants to. He’s earning more than enough money to pay the bills, and yet he can’t help feeling there’s something missing. Mike is a phenomenally succes
Prices Are Stories
Just because someone has the money to pay what you’re charging doesn’t mean they’re your ideal customer.
When Did One Day Become Never?
The first time I met Simon he was juggling four dirty plates while greeting customers and directing his team. Over time, I came to know Simon as a friend and also as one of the most gifted people I knew. Simon’s bosses loved how he ran their cafe as if it were his own. They…
Gaining The Advantage
This week you answered a customer query and solved her problem. You responded to every email, tweaked your resume and made your case well in the last meeting. You ticked off the things on your to-do list, had a look at your numbers and made solid plans for the weeks ahead. And that’s exactly what…
Choosing The Customers You Want
More cafes in Melbourne have begun offering a 10% discount to customers who bring a reusable cup. It’s an intentional choice that says something about their values and those of their customers. Theses cafes are attracting the kind of customers they want to serve. The clothing store manager gets disg
What Do You Need More Of In Order To Succeed?
If you had to pick one thing you need more of in order to succeed what would that be? Do you really need more time or more resources? Will more attention or more influence enable you to get to where you want to go? When we dig deeper what we find we’re lacking isn’t cash…
Anticipating The Next Move
Every successful business strategy is dependent upon making a good decision about the next move. In a commercial world, we spend a lot of time planning to create growth. Often those plans rely on getting the customer to do what we want them to do—so we can make our next move. The businesses that not
The Secret To Being Exceptional
You might remember when you were a high school student (as I do) trying to work out a revision system that helped you to maximise your chances of academic success. I never had much luck. Teachers held up model students as examples of how ‘hard work’ paid off. Straight-A students it seemed were the o
No Success Without Fear
When Elon Musk unveiled his audacious vision to colonize Mars this week, commentators had as much to say about his hubris and lack or fear as they did about the plan itself. They remarked that Musk’s greatest strength is probably that he has never been afraid to fail. That’s just not true. Of course
Why Startups Fail
Take a look at this list of reasons startup founders give for failing. These are just some of them. The cost of customer acquisition, ahead of its time, wrong positioning, not enough income, no problem solution fit, wrong target market, low customer adoption, too early, not enough demand, no real au
The Instructions We’re Looking For
It was probably Stephen Covey’s ‘7 habits’ that got us addicted to the idea that success had a formula, one that could be pinned down by a number and executed in stages. Now we’re wired to seek it out. The headlines we see in our digital publications are proof. We are tempted by the notion…
From Insights To Advantages
Chip Wilson discovered that women liked to look great when they exercised and feel comfortable when they didn’t. Lululemon pioneered the activewear trend way back in 1998—a market that is predicted to grow to $178 billion by 2019. Dave Gilboa worked out that we hate feeling ripped off and paying as
Try And Test
If you are anything like many of the entrepreneurs I know and work with you have a bank of ideas waiting to be executed (or discarded). Most of these ideas (good and bad alike) never see the light of day because they are locked up in a notebook, or an app and they haven’t been…
Why We Need To Think About Value Before Ideas
The cafe was tiny and packed. “What’s your revenue plan?” guy one asked. “To get more eyeballs to my site and then bring in the advertisers.” replied guy two. “Oh right.” said guy one, as he awkwardly looked away. 8 Questions to help you to focus on creating value 1. Who needs your product? 2.…
3 Things Your Product Story Must Do
When we market our products to customers we often use a persuasive tone designed to convince. We describe by leading with features and benefits. We try hard to give customers reasons to choose, forgetting that most purchasing decisions are not rational, but emotional. In short we forget why people b
When It Comes To Customer Insights Go Deeper
Grace is 32 years old, she has worked hard to establish herself on the career ladder and bought her first home. Grace and her partner Mike are trying for a baby. As marketers with a brand story to tell we’re in a hurry to gather as much data as we can about Grace. We want…
Why Getting More Hits To Your Website Is Overrated
Every day you delete messages received from faceless SEO companies who have “noticed you could have a lot more hits to your website”. We are often mistakenly led to believe that our biggest challenge is getting more people to pay attention to our products, services or work. Of course, we can game ou
What Do You Want Your Audience To Remember?
Many people who’ve read my latest book Meaningful: The story of ideas that fly say that the introduction impacted them the most. It would never have been written without a nudge from a trusted friend, who reminded me after he’d read the manuscript that some people might only read one page. We don’t
What Can You Build Upon?
You have just 20 minutes. What’s the most valuable thing you can do with them? It probably isn’t checking your LinkedIn updates, responding to housekeeping emails or listening to one more podcast about productivity. Checking and updating may feel like work but they aren’t things you can build upon.
