entrepreneurship
349 posts
Important
It isn’t just your mind that responds when you get an email with the subject line ‘urgent’ or ‘important’. Your heartbeat increases, your muscles tense and your breathing gets faster. You feel bad. Your day is thrown off course, if only for a moment. We hate these emails and resent people who fail t
Knowing What You Don’t Know
The most unhelpful assumption we make as marketers is that our customers know why they need our products or services. From there we think our job is to offer proof—to tell people why we are the best alternative. The first rule of innovation, sales and marketing is to understand the customer’s pain p
What’s Beyond Reach?
When U2 perform a stadium concert, their reach is the entire audience of 60,000 eager fans. As he sings the first note, Bono understands his job is to create an emotional connection with every member of the audience. If the concert goer isn’t changed by the experience, then she might as well have st
Perfect Ten
When we think of our work or products and services, we imagine the perfect ten version of them. The days without a wrinkle, when we are in the zone, and everything is running like clockwork. Striving for ten while knowing it’s rarely achievable is not easy. The ability to live that paradox is how we
How To Get Better At Pitching
Every day we fail to convince people about the value we can deliver. For every yes, we get ten no’s. Why? We’re quick to blame the quality of our ideas or our storytelling when we fail. But sometimes we fail because we’re speaking to the wrong person at the wrong time. Rejections often happen becaus
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
Why Not Make Something Great?
Like his grandfather, before him, Shane was in the textiles business. He made good socks for a living until the day he realised that pretty soon there would be no living to be made in a product that was good enough. His company was struggling to differentiate from and compete with big retailers who
We And Us
The group of colleagues on a business trip say goodbye as they board their respective flights. The boss congratulates them on a job well done. Their smiles slip as soon as he’s out of earshot. How could he possibly think that meeting was a success? The company is just going from bad to worse. It’s…
The Visibility Paradox
A bullet point list of tactics to increase your visibility might include; perfecting your elevator pitch, networking, forming strategic partnerships or creating a compelling press release. You don’t need to look far to see that we’re expending a lot of time and resources metaphorically waving our ar
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…
Attention Deficit
Worldwide ad spending for 2017 is expected to reach $583.91 billion. That’s an increase of 7.3% on last year. We spend extraordinary sums of money and disproportionate amounts of time trying to get people to notice us—often without being specific about the end we have in mind. No business ever died
Three Ways To Sell
If you want to get more comfortable about selling, it’s helpful to consider which of these three sales techniques you use and to assess how they’re working for you. Describing This is the most common way to sell—one you’ve likely experienced or used. Describing the specifications, features and benef
The Work And Reward
The customer is not there when the flowers he ordered to be delivered on a special birthday are sent too early without his handwritten greeting—which is still paperclipped to the order book. The florist gets on with processing the rush of early morning deliveries. It’s one of those days when she’s j
Welcome To The Meaning Economy
In the 1950s and 60s when my parents were entering the workforce they created value by working with their hands in an Industrial Economy. Workers manufactured and moved things that would be consumed. In the era of the Information Economy, we began using our heads to produce value. We learned to use
The First Rule Of Standing Out
If you want to stand out, do the thing that’s in short supply. When everyone is fighting for attention, be the one who earns permission. When everyone is looking for an angle, be the one who acts with integrity. When everyone is chasing growth, be the one who deepens connection. When everyone seeks
The Art Of Making Progress
If only your business had more media exposure. If only you could get the materials cheaper. If only all the reviews were positive. If only the website had more traffic. If only your colleagues responded. If only every employee listened. If only more browsers bought. We spend a lot of time thinking a
Is Your Business Reacting Or Responding?
It was impossible to walk down any high street in June without running into a notice informing you fidget spinners were BACK IN STOCK. The fidget spinner was clearly ‘the thing’ of the moment. A month later we’re already beginning to witness its decline. Another fad bites the dust. A fad by definiti
How Much Do The Answers Matter?
Asking questions is a big part of our job whatever our role. We know we can enhance our products and services and improve client outcomes by asking the right ones and acting on the answers. So we send surveys. We listen to what people say and watch what they do. We go to the trouble…
The Transformation Business
When a woman wears heels her posture shifts. How she moves and carries herself changes—not just because of the physics and her altered centre of gravity, but often because of how wearing the heels makes her feel. Both her gait and her behaviour are transformed. Similarly, once the coffee drinker pay
Why We Need To Redefine Greatness
By most conventional measures of success Uber is a great company. From a standing start in 2009 to a valuation of $70 billion early in 2017, the ride-hailing app has become the most valuable private technology company in the world. Uber has achieved the kind of growth many companies dream of and yet
