While there are many things to focus on and do, I believe that these four general areas are of great value on this journey. 1. Learn what your customers and market want and need (you may not use all of it). Also, to a smaller degree, be aware of what your competition is doing. 2. Evaluate all strengths across your …
How to find your purpose in life?
Are you doing what you are mean to do? Are you sure? How do you know? Passion is important, but alone, is it enough? When one finds passion and pairs with with quality and adds market demand, then you have something special, something you should go all in on. Then, you may have a purpose.
React to market demands or you’ll lose
As you work to grow your business or your own personal reputation within an organization or across an industry, it is important to be aware of the environment you operate within. Analysis and assessment of market trends, shifts and needs is essential for future growth and sustainability. As we all know, needs and demands change all the time, which is …
Competition is great
Competition is a wonderful thing. I’m a fan of it! Market should determine who wins and who loses, not historical performance, not old versions of your products or services…keep innovating, keep evolving or go out of business.
How to price your product or service
Pricing your product or service effectively is of great relevance with respect how well it will be received in the market. While it is not the only aspect of importance, it certainly impacts how your prospective clients will think about the value of your product or service. In order to be competitively priced, you must learn all you can about …
How to make money: 4 major areas to focus on
One way or another, we all want to be compensated for the value we provide, for the work we put in. Whether this is a salary, a bonus, contract pay…your products and services should be valuable and therefore you should be paid for them. That’s simple enough. However, money on its own shouldn’t be your only or major objective as …