Blue ocean strategy is dead If you start analyzing unicorns, you notice that most of them were not pursuing blue ocean strategy. They were entering… Continue reading “Blue ocean strategy is dead”…
Formulating hypotheses Our business success depends on how well we can come up with and test hypotheses. Here is a template I… Continue reading “Formulating hypotheses”…
Propaganda instead of advertising Propaganda instead of advertising Most companies advertise their products. I suggest upping it up one notch and start propaganda. We… Continue reading “Propaganda instead of advertising”…
Always doing something new If you, as a Business Owner, want to grow your business, you should always be doing something new. As soon… Continue reading “Always doing something new”…
Shallow questions As Business Owners, we often ask the questions I call shallow. They are addressing the symptoms, not the root causes.… Continue reading “Shallow questions”…
When setting up experiments… Ask yourself these questions: What will be the metric to measure (pieces, percentages, time, dollars)? Pick one or multiple of… Continue reading “When setting up experiments…”…
Don’t sell what you have… Many Business Owners I talk to start with building their products, and then they are trying to sell it to… Continue reading “Don’t sell what you have…”…
How much should you spend on marketing? I often get asked by the Business Owners how much should they spend on Marketing. Some say 10% of your… Continue reading “How much should you spend on marketing?”…
Stress-testing new product ideas If you got an idea of a new product or service, follow this logic. Throw away the thought that you… Continue reading “Stress-testing new product ideas”…
Improving your marketing… I just had a fascinating insight. Modern approaches to education (Sharon Bowman) list six essential principles about how to make… Continue reading “Improving your marketing…”…
Looking for money… Yesterday I had a long talk with a friend that was looking for money for his startup. We talked about… Continue reading “Looking for money…”…
How to set the price for your product? There is only one mistake you can make when setting a price for your product: pricing it too low. Usually,… Continue reading “How to set the price for your product?”…