If you can, pick your business battles and focus on high quality.

Don’t compete with Walmart (lowest cost).

Don’t compete with Amazon (most convenient).

Focus on high quality…it’s the last thing technology hasn’t solved. Offer an experience, provide a story, enlist customers to identify themselves through your offerings (product or service). This insight provides an huge advantage when developing skills or making a product. If convenience is key, pay the cost of off-the-shelf solutions (e.g. selling through Amazon, publish on Apple App store, using Wix to make a website). Outsource the “way” but never the “what”. However if convenience is the key factor of success, the margins can get too low and eventually quality will suffer. Balance the margins (making more money) vs. loyalty of a customer (optimize for customer retention). If you try and please all customers, you are not targeting your sweet spot. Find “good-enough” margins to allow for reinvesting.  The goal early on is to sustain the group of raving fans by continuously improving quality of products/services or skill. Great theory right? Here are practical questions to ask.

Employed Professional:

  • Do I make money from a skill that is hard to learn?
  • Would it take others >24 months to develop skill and be hirable?
  • Is your skill framed in a unique way in the labor market?
  • Is the combination of your skills rare?

Business Owner:

  • Would others talk about product/service to their peer group? (e.g. Look how cool I am with XYZ product)
  • Would they talk to their mom about buying your offering (e.g Look Mom – you would be proud of me)
  • Would someone take a picture of your product/service and post it on Instagram?
  • If you answered “no” to any of the above question you might be able to identify your problems of low margins, low customer retention, no free time to learn/reinvest, or just low quality because you do not have the time.

Actions to Take:

  • Think about re-positioning your product/service or target a different audience.
  • Learn a better skill or more rare skill (generally rare skills are hard to learn).
  • Learn another skill to compliment existing skills. Having a 1-2 punch combo can be effective, even if you don’t have the best single punch.
markcav

Add your Biographical Info and they will appear here.

50 Comments
nike roshe

I want to voice my admiration for your generosity for people who actually need assistance with in this concern. Your personal dedication to passing the solution along has been rather functional and have really made many people much like me to get to their targets. Your interesting key points implies a lot a person like me and a whole lot more to my peers. Thanks a lot; from all of us.

Reply
ultra boost

Oh my goodness! an amazing article dude. Thanks Nonetheless I’m experiencing situation with ur rss . Don抰 know why Unable to subscribe to it. Is there anyone getting identical rss problem? Anyone who is aware of kindly respond. Thnkx

Reply
lebron 15

I precisely wanted to thank you so much again. I am not sure what I could possibly have made to happen without those tips and hints shared by you relating to this industry. It previously was a very difficult case for me personally, nevertheless being able to view your professional mode you solved the issue made me to jump over contentment. I’m grateful for your service and as well , sincerely hope you recognize what a great job your are putting in teaching many others using your blog. I know that you’ve never got to know any of us.

Reply
curry 5

I’m just writing to let you understand of the perfect experience my daughter enjoyed checking your webblog. She realized a lot of things, which included what it is like to possess a great giving mindset to let others smoothly have an understanding of various tricky subject areas. You really exceeded our own expectations. Thanks for presenting such useful, safe, informative and also fun thoughts on that topic to Mary.

Reply
jordan retro 6

My spouse and i were now joyful when Albert could complete his web research through the precious recommendations he was given from your own blog. It is now and again perplexing to just choose to be offering techniques a number of people could have been selling. We do understand we need the blog owner to appreciate for this. Those illustrations you have made, the simple blog menu, the relationships you give support to instill – it is many fantastic, and it’s really leading our son and our family feel that this article is excellent, and that is pretty serious. Thanks for all the pieces!

Reply
birkin bag

I simply wanted to jot down a quick comment to be able to say thanks to you for those superb tricks you are placing here. My considerable internet look up has finally been compensated with pleasant facts and strategies to talk about with my good friends. I would tell you that most of us readers are extremely lucky to live in a decent community with so many brilliant professionals with helpful pointers. I feel rather privileged to have discovered your website page and look forward to many more fun times reading here. Thanks once again for all the details.

Reply
kobe 11

I truly wanted to compose a brief note so as to express gratitude to you for some of the nice points you are showing at this site. My prolonged internet research has finally been paid with professional points to write about with my family and friends. I would suppose that many of us site visitors actually are very blessed to exist in a wonderful network with very many brilliant individuals with interesting points. I feel rather happy to have used your webpage and look forward to so many more excellent times reading here. Thank you once more for everything.

Reply
yeezys

I have to express my love for your kind-heartedness supporting those people who require help with that area. Your personal dedication to passing the solution throughout appeared to be surprisingly powerful and have in every case permitted those like me to realize their desired goals. Your own warm and friendly recommendations denotes much a person like me and much more to my fellow workers. Best wishes; from everyone of us.

Reply
paul george shoes

Thanks for all of your effort on this site. Betty enjoys doing investigation and it is obvious why. All of us notice all about the powerful tactic you convey effective techniques via your website and therefore inspire response from other individuals on this area of interest plus our princess is certainly starting to learn a whole lot. Take advantage of the rest of the new year. You are always performing a great job.

Reply
golden goose sneakers

I must show my admiration for your kindness in support of men and women that really need help with this one study. Your special commitment to passing the message along had been rather important and has frequently allowed most people like me to achieve their aims. The warm and friendly key points signifies a great deal to me and somewhat more to my office colleagues. Best wishes; from all of us.

Reply
nike flyknit racer

I have to convey my affection for your generosity for persons that absolutely need guidance on this important question. Your very own commitment to passing the solution up and down appears to be quite productive and have all the time allowed folks much like me to attain their ambitions. Your entire helpful tutorial can mean a whole lot to me and especially to my office workers. Thank you; from all of us.

Reply
yeezy shoes

I enjoy you because of all of your hard work on this blog. Betty loves managing research and it’s really easy to see why. A lot of people know all about the compelling tactic you provide valuable ideas by means of the blog and as well as encourage response from others about this area of interest so our princess has always been being taught a great deal. Have fun with the remaining portion of the new year. You have been conducting a fantastic job.

Reply
adidas nmd

I and my buddies have already been going through the good tips and tricks found on your web blog and unexpectedly I got an awful suspicion I had not expressed respect to the web blog owner for those secrets. The young boys became for that reason warmed to learn all of them and now have actually been taking pleasure in those things. We appreciate you truly being really helpful as well as for deciding on this sort of helpful themes millions of individuals are really needing to be informed on. Our own honest regret for not expressing gratitude to earlier.

Reply
hermes belt

I enjoy you because of all your valuable work on this blog. Gloria take interest in working on research and it is easy to understand why. I know all about the powerful ways you deliver invaluable items by means of this website and as well as increase participation from other people about this situation and our favorite princess is truly understanding a lot of things. Enjoy the rest of the year. You are carrying out a powerful job.

Reply
off white

I wish to convey my gratitude for your kind-heartedness for persons who must have help with the content. Your real dedication to passing the message around turned out to be extraordinarily practical and have without exception enabled others like me to arrive at their targets. The useful recommendations can mean so much to me and much more to my mates. Regards; from all of us.

Reply
lebron 13

A lot of thanks for each of your hard work on this web site. Kate really loves managing investigation and it’s really simple to grasp why. Most people hear all of the dynamic medium you offer great tips and tricks by means of your web blog and welcome contribution from the others on this situation so our own daughter is undoubtedly being taught a lot of things. Have fun with the rest of the year. You are carrying out a powerful job.

Reply
adidas yeezy boost

Thanks so much for giving everyone a very remarkable opportunity to read articles and blog posts from this blog. It can be so terrific plus full of amusement for me and my office fellow workers to search the blog on the least three times in one week to study the new guidance you have got. And of course, I am also at all times motivated with all the impressive secrets you serve. Some two areas in this post are particularly the most beneficial I’ve had.

Reply
goyard

I am glad for commenting to let you be aware of of the helpful discovery my child undergone viewing your blog. She figured out numerous details, with the inclusion of what it’s like to have a great teaching mood to let the others just thoroughly grasp specified extremely tough issues. You truly exceeded visitors’ expected results. Many thanks for supplying those necessary, trusted, educational and in addition fun guidance on your topic to Julie.

Reply
nike cortez men

I would like to express thanks to the writer just for bailing me out of this type of circumstance. Just after surfing around throughout the world-wide-web and coming across methods that were not beneficial, I believed my entire life was gone. Existing minus the approaches to the issues you have fixed by means of your entire site is a serious case, and ones which may have badly damaged my entire career if I had not discovered your blog. The understanding and kindness in maneuvering all the details was very useful. I am not sure what I would’ve done if I had not come across such a thing like this. I’m able to at this moment relish my future. Thank you so much for your skilled and amazing guide. I will not think twice to suggest your web site to any individual who should have guide on this problem.

Reply
yeezy boost

An attention-grabbing dialogue is value comment. I believe that it’s best to write more on this matter, it might not be a taboo topic however generally individuals are not enough to speak on such topics. To the next. Cheers

Reply
baseball jerseys

I simply wanted to thank you very much once more. I am not sure the things that I could possibly have undertaken in the absence of these creative ideas documented by you regarding such a situation. It was a real difficult situation in my view, however , considering this well-written approach you dealt with that took me to jump for happiness. I am just grateful for this guidance and then hope that you are aware of an amazing job you are always doing educating many people using a site. I am certain you’ve never met any of us.

Reply
nike epic react flyknit

I wish to show some appreciation to you just for bailing me out of this particular predicament. Because of scouting through the the web and finding strategies which were not helpful, I believed my life was done. Living minus the approaches to the difficulties you have resolved all through this guideline is a serious case, and those that would have negatively affected my career if I had not encountered your blog post. Your main understanding and kindness in controlling all areas was crucial. I am not sure what I would’ve done if I had not come across such a solution like this. It’s possible to at this moment look forward to my future. Thanks for your time very much for the professional and results-oriented help. I won’t think twice to propose your blog to any individual who should get care about this problem.

Reply
russell westbrook shoes

My spouse and i felt quite more than happy when Ervin could round up his basic research while using the ideas he got while using the blog. It is now and again perplexing to just possibly be releasing tricks which often some other people might have been trying to sell. So we acknowledge we’ve got the website owner to give thanks to for this. Those illustrations you have made, the easy blog navigation, the friendships you aid to foster – it is many remarkable, and it’s really aiding our son in addition to our family imagine that this situation is brilliant, which is very serious. Thanks for the whole lot!

Reply
vapormax

Needed to draft you that very little observation to give thanks again for your personal superb strategies you’ve shown on this site. It has been quite particularly open-handed with people like you to provide unhampered what exactly a number of people would have offered for sale as an electronic book in making some bucks on their own, even more so seeing that you might have done it if you ever wanted. These tricks likewise served to become great way to understand that other people online have similar passion much like my very own to grasp lots more pertaining to this condition. I think there are thousands of more enjoyable times ahead for folks who read through your blog post.

Reply
pure boost

I want to express some thanks to the writer just for bailing me out of this particular challenge. Just after scouting throughout the the web and obtaining principles that were not beneficial, I was thinking my entire life was done. Being alive devoid of the approaches to the issues you’ve solved all through your good guide is a serious case, as well as ones which may have badly affected my entire career if I hadn’t encountered your web page. The mastery and kindness in maneuvering all the things was very helpful. I don’t know what I would’ve done if I had not come upon such a solution like this. I am able to at this time look forward to my future. Thank you so much for this impressive and sensible help. I will not hesitate to endorse your web page to anyone who would like counselling on this situation.

Reply
nike shoes

Thanks a lot for giving everyone an extremely splendid chance to read from here. It is always very pleasant and also packed with a great time for me and my office colleagues to visit the blog nearly thrice in one week to see the fresh things you have. And indeed, I am at all times fulfilled with your great concepts served by you. Certain 4 tips on this page are really the best I’ve ever had.

Reply
hermes birkin

I have to express some thanks to the writer for rescuing me from this type of incident. Right after looking out through the search engines and finding principles which are not pleasant, I assumed my life was well over. Being alive without the presence of answers to the difficulties you have sorted out by way of your entire short article is a critical case, as well as ones which may have negatively damaged my career if I had not noticed your site. The knowledge and kindness in taking care of a lot of stuff was helpful. I don’t know what I would have done if I hadn’t encountered such a point like this. I’m able to at this moment look forward to my future. Thanks a lot so much for the skilled and result oriented help. I won’t think twice to recommend your web blog to any person who will need counselling about this area.

Reply
nike flyknit racer

I wish to show thanks to this writer for bailing me out of this issue. Right after scouting throughout the internet and meeting principles which are not pleasant, I was thinking my life was well over. Being alive without the presence of strategies to the problems you have sorted out by means of your main guideline is a critical case, as well as the ones that could have adversely affected my career if I hadn’t discovered your web site. Your own personal training and kindness in handling almost everything was very helpful. I don’t know what I would have done if I had not encountered such a subject like this. I’m able to at this point look forward to my future. Thanks a lot so much for this specialized and effective guide. I won’t hesitate to recommend your web page to anyone who will need counselling on this subject.

Reply
nike huarache

I am also writing to let you know of the nice encounter my daughter encountered reading through your webblog. She realized a lot of issues, not to mention what it’s like to possess a very effective teaching mood to get many more very easily know precisely a number of problematic things. You truly surpassed our expectations. Many thanks for giving the powerful, safe, revealing and as well as easy thoughts on this topic to Evelyn.

Reply
ferragamo belt

I have to convey my admiration for your kindness supporting people that really need help on this important field. Your special commitment to passing the message all around has been really insightful and have frequently empowered guys much like me to achieve their targets. Your entire warm and friendly guideline denotes a great deal to me and additionally to my office colleagues. Regards; from all of us.

Reply
caterpillar boots

Thanks for all your valuable hard work on this web page. My niece really loves working on research and it is easy to understand why. A number of us notice all about the dynamic way you offer advantageous secrets through your web site and in addition recommend participation from people on the subject while our own princess is in fact being taught a lot. Enjoy the remaining portion of the year. You are always carrying out a wonderful job.

Reply
michael kors outlet online

I want to show thanks to this writer for bailing me out of this circumstance. Right after looking throughout the internet and finding tips which were not beneficial, I assumed my entire life was over. Living devoid of the answers to the issues you’ve fixed through your good short article is a serious case, as well as those which could have adversely affected my career if I hadn’t noticed the blog. Your primary knowledge and kindness in maneuvering every aspect was very useful. I am not sure what I would’ve done if I hadn’t discovered such a stuff like this. I can also at this point look forward to my future. Thanks for your time so much for the reliable and effective help. I will not hesitate to propose your web site to anyone who desires guidelines on this topic.

Reply
longchamp handbags

I want to voice my affection for your kindness supporting men who need help on your situation. Your very own dedication to getting the message all around appeared to be definitely practical and has without exception enabled many people much like me to reach their goals. Your new warm and friendly useful information means much a person like me and especially to my mates. Thank you; from all of us.

Reply
longchamps

Thank you for your whole effort on this web site. Debby take interest in setting aside time for investigations and it’s easy to understand why. A lot of people know all regarding the dynamic way you provide very helpful information on this web blog and even increase response from other ones on the content and our favorite simple princess is actually discovering a great deal. Take advantage of the remaining portion of the new year. You have been doing a very good job.

Reply
longchamp

I precisely wanted to thank you so much again. I’m not certain what I would’ve taken care of without the tips revealed by you concerning my subject. It was an absolute terrifying scenario in my opinion, but coming across a new skilled fashion you managed that forced me to leap for joy. I’m thankful for the information and thus sincerely hope you are aware of an amazing job you’re getting into educating people thru your web blog. I’m certain you have never encountered any of us.

Reply
lacoste online shop

I and my guys came checking the best tricks located on your web page and instantly developed an awful feeling I never thanked the blog owner for those tips. My women were definitely so warmed to study them and now have quite simply been having fun with these things. Appreciation for getting so kind as well as for picking out this form of ideal information millions of individuals are really wanting to know about. My personal sincere apologies for not saying thanks to sooner.

Reply
adidas crazy explosive

My husband and i have been now satisfied that Peter could finish up his web research because of the ideas he came across when using the site. It’s not at all simplistic just to possibly be releasing key points that people today could have been making money from. Therefore we understand we’ve got the blog owner to appreciate for that. The type of illustrations you have made, the easy website menu, the friendships you can aid to foster – it’s mostly awesome, and it is making our son in addition to us understand the situation is entertaining, and that’s exceptionally pressing. Many thanks for everything!

Reply
hermes belt

Thanks so much for providing individuals with such a superb chance to discover important secrets from here. It really is very superb and also packed with a lot of fun for me personally and my office fellow workers to visit the blog nearly three times per week to study the latest things you have got. And lastly, we are at all times motivated with the unique methods you give. Some 2 points on this page are really the simplest we have all ever had.

Reply
adidas gazelle

I’m also writing to let you know of the fabulous discovery my friend’s daughter enjoyed viewing your webblog. She discovered too many things, with the inclusion of what it is like to have an excellent giving nature to have most people easily have an understanding of specified problematic subject areas. You actually surpassed my desires. Thank you for displaying these productive, trustworthy, educational and in addition cool thoughts on this topic to Lizeth.

Reply
michael kors outlet store

I want to get across my gratitude for your kindness supporting people who really need guidance on this particular theme. Your very own dedication to getting the message all around had become especially useful and has specifically helped workers like me to attain their objectives. Your new helpful advice entails a lot to me and even further to my mates. Many thanks; from each one of us.

Reply
adidas yeezy

A lot of thanks for all your valuable work on this web site. Ellie really loves conducting investigation and it’s really easy to understand why. All of us learn all relating to the powerful means you provide rewarding solutions by means of your web blog and in addition foster contribution from people on the idea plus our favorite princess is actually studying a great deal. Take pleasure in the rest of the year. You’re the one doing a pretty cool job.

Reply
yeezy boost

I enjoy you because of all of your work on this web site. Betty enjoys working on investigation and it is easy to understand why. All of us know all regarding the dynamic medium you produce effective steps via the website and as well as invigorate response from some others on that concern plus our favorite daughter is really studying a great deal. Enjoy the remaining portion of the year. You are always performing a good job.

Reply
kyrie 4

I simply desired to thank you so much yet again. I am not sure the things I would have handled in the absence of the type of methods shared by you about such theme. It was before an absolute traumatic scenario in my view, but spending time with a skilled fashion you treated it took me to cry over joy. I’m just happier for this help and in addition sincerely hope you really know what a great job you have been providing training the others through the use of a web site. Most likely you haven’t encountered any of us.

Reply
nike basketball shoes

I simply needed to say thanks again. I’m not certain the things I would have used without the type of hints documented by you over my industry. It seemed to be a frightening case for me personally, but seeing a specialized technique you solved that took me to leap with contentment. I’m just happy for this assistance and trust you comprehend what an amazing job that you’re putting in educating the others with the aid of your websites. Probably you haven’t come across all of us.

Reply
asics kayno

I would like to convey my appreciation for your kind-heartedness in support of folks that really want help on the idea. Your personal dedication to passing the solution across came to be extremely productive and have truly helped men and women like me to arrive at their dreams. Your own invaluable information indicates a great deal to me and somewhat more to my colleagues. Many thanks; from all of us.

Reply
ferragamo belts

I have to show appreciation to the writer for rescuing me from this type of setting. Right after surfing through the the net and getting tips that were not productive, I believed my entire life was well over. Existing without the presence of answers to the problems you have fixed through this review is a serious case, as well as ones that might have badly affected my career if I had not encountered your blog. Your good knowledge and kindness in dealing with every item was crucial. I am not sure what I would have done if I hadn’t discovered such a point like this. I am able to now look forward to my future. Thanks so much for the high quality and amazing help. I won’t think twice to suggest the sites to any person who should have guide about this situation.

Reply
yeezy boost

I happen to be commenting to let you be aware of what a superb discovery my friend’s girl obtained viewing your web site. She noticed plenty of issues, which included what it’s like to have a very effective coaching style to get many people very easily learn about selected grueling issues. You really exceeded our expectations. Thank you for imparting these essential, trusted, educational and unique tips about that topic to Emily.

Reply

Leave a Reply

Your email address will not be published.