entrepreneurship
349 posts
The Story Behind Your Metrics
Lines out the door. An email list that is growing at breakneck speed. Dozens of five star reviews on Yelp. More users, subscribers or members all adding to the value of your platform. These are the stuff entrepreneurial dreams are made of. Measuring growth and how it happens feels important. But ‘mo
How To Find Tomorrow’s Customers
Most businesses, whatever their size are focused on growth. We want more leads, more fans, readers or subscribers, who will become more customers, resulting in more sales and more profits. We usually have a plan to get them, which involves cultivating the people we hope will be tomorrow’s customers.
The Most Important Marketing We Do
Do you remember that time when the popular kid pushed you back into line and told you to and wait to be picked, or the day when your teacher told you not to speak up? Will you ever forget the moment your boss told you that you should suck it up, or the night when…
What’s The Best Way?
When I was a new mum thinking about ‘the best way’ to raise my son to do the things that babies of his age were supposed to do, occupied a fair amount of my time. I worried about the best way to settle him to sleep and the best way to wean him. I graduated…
The Relationship Between Curiosity And Business Growth
Whenever I visit the tiny local florist I am the only customer and the most bizarre thing happened when I stopped off there last Friday evening. The entire floor was filled with buckets and buckets of multi-coloured roses. It was so full there was barely room to navigate to the register to pay. I th
The Value Of Connection In A Low Touch World
What matters in a world where….we can tell a device to order the shopping, place our coffee order without speaking, have a conversation involving thumbs and zero eye contact and before we know it, get to our destination in a driverless car? What’s scarce today will be even more scarce tomorrow. And
Six Things Focus Groups Won’t Tell You
If you’re a fan, you may remember the scene in Mad Men where Peggy—fairly new to the job, joins the other girls from the typing pool in a lipstick testing experiment. All the while the ad executives are secretly looking on and taking notes from behind a two way mirror. The ad guys were smart…
What Does Your Marketing Do?
Marketing is something we do every day and yet we forget to think about the result of what we do beyond how it helps our businesses. We think we design marketing for our customers when mostly we design it to solve an immediate need we have as business owners. When you think about what your…
Valuable Things We Ignore In The Quest For Growth
One of the first words a baby learns to say is ‘more’. They learn very early on that this one word is the shortest route to getting what they want. Every three year old knows that two cupcakes are better than one. It’s no surprise then that this lesson stays with us through life and…
How Everything Truly Great Is Inspired
This is the story of a trap we all fall into. Every single entrepreneur or creator without exception is thrown off course by following a similar pattern. It doesn’t matter if you are on the board of a Fortune 500 or a designer trying to get her blog off the ground. The same struggle happens…
Showing Up For Humans, Not Just For Google
I want to send some flowers to a friend a few suburbs away, of course I could deliver them myself, but there is something magical about the unexpected arrival of flowers that means I want to have them delivered. And so I turn to Google. After 20 minutes I find myself on page ten feeling…
What’s The Reason?
What’s your reason for contacting that prospect? Why do you call her a prospect anyway? What’s your reason for sending that email? Why will everything be okay if you can just get the word out? What’s your reason for printing those fliers? Why does the world need your thing? What’s your reason for st
Make Things People Want
Marketing means different things to different people. To some businesses it’s about Facebook engagement, to others it’s all about analytics or SEO, advertising or PR. If you’ve got the budget it could be a glossy image of Hugh Jackman—your 18K red gold watch, which has been “Crafted for New Heights”
Close, Closer, Closest
Twenty years ago geography mattered. When there was one grocer in every suburb there was always enough business to go round. Close was an advantage. It’s easy to believe that because digital has dissolved borders, that it has simultaneously diluted advantages. But being close has taken on a whole ne
10 Characteristics Of Disruptive Innovations
Any one of a number of giant companies could have been first to market with a bagless vacuum cleaner. They all knew that their cleaners lost suction when dust bags became full. They also knew how their customers wrestled to empty dust bags while being enveloped by the dirt they’d just sucked up out
Where Are The Holes?
It’s hard to be objective when you evaluate your competitors. When you’re feeling vulnerable there is a tendency to think about all of the things your competitors are doing right and how you don’t measure up against them. The irony is that opportunities are realised and groundbreaking ideas are brou
The Truth About Vanilla
Almost one in five people who order an ice cream in the U.S. today will order vanilla. Vanilla then is an easy flavour to make because we know that most people won’t have an objection to it and 17% of people are likely to order it. It feels more risky to be the company that…
Play To Your Strengths
If you look hard enough at what’s going right (and sometimes wrong) in a business there are always lessons to be learned. Take the story of Tom the decorator who built a great business over many years, then suddenly seemed to lose his way. Part two of that story explains why Tom succeeded in the…
Good Business Is Always A Matter Of Attitude
We’ve been using the same painter and decorator for years. He’s been with us amid the chaos of three moves and two home renovations. Tom was a young, ambitious bloke when we first met. He was keen to offer a better than average service and at age 25 his goal of doing that was paying…
Don’t Change Your Pitch, Understand Their Story
Back in the days of stay-at-home Mums and morning newspaper deliveries, a memorable tagline on the box (or a coveted toy inside), was enough of a sales pitch to sell us a ton of breakfast cereal. Frosted Flakes were Grrreat because Tony the Tiger said so. And if Neil Armstrong, Buzz Aldrin and Micha
