Posts Tagged ‘entrepreneurship’
The 4 New Stages Of Customer Engagement
The commercial reality for any business is that sales keep the lights on. We’re still following rules that were proposed in the late 1800s by Elias St. Elmo Lewis in order to do that. “The mission of an advertisement is to sell goods. To do this, it must attract attention, of course; but attracting attention…
Read MoreConsumers Don’t Just Want Better Products, They Want Better Narratives
Sixty years ago, when the world was smaller, people wanted to pay once for something and for the thing to last. We transitioned to an era where we no longer knew as much about the provenance of a product. That fact changed our perception and expectations of quality. We were a little more forgiving as…
Read MoreEvaluating Opportunities
Opportunities are presented to us every day. It’s not always easy to discern which ones are worth taking and which ones to pass on. What questions do you ask yourself before you decide which to pursue or pass up? 10 Questions For Evaluating Opportunities 1. Why are we considering this opportunity? 2. What’s the biggest…
Read MoreWho First?
The realisation of an opportunity to solve a problem for a specific group of people is at the heart of every business success story. Sometimes the potential customer already knows their problem or need exists, but often they are not actively looking for a solution. It’s hard to give answers to people who are not…
Read MoreWhat Is A Strategy?
In business, we use words that are designed to help us to better understand, articulate and achieve our objectives. Often those same words end up doing exactly the opposite. ‘Strategy’ is one of those words that can tie us up in knots if we allow it to. Imagine you’re on a riverbank. The place you…
Read MoreThe 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…
Read MoreGetting On Your Customer’s Radar
Many brands believe the biggest challenge they have is creating more brand awareness. If they could only get on the radar of potential customers then many of their problems would disappear. And yet brands like Macy’s and Ralph Lauren that have built awareness for decades are struggling to remain viable. Their biggest problem isn’t getting…
Read MoreFrom 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 much for glasses as…
Read MoreQuiet Success
Success for my parents, was having a fair day’s work to do, for a fair day’s pay. Success was having money left in your pay packet at the end of the week after the bills were paid. Success was having the wherewithal to take care of your family and contribute to your community—often in ways…
Read MoreWhere Do You Want Your Story To Land?
This is the story of two independent bookstores located on the same street, separated by a walkway and three cafes. The bigger store has a more spacious feel. They display most of their books face out in clearly labeled categories. New releases are showcased in easily accessible, neat piles on tables. The whole place has…
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