Tag: business growth
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Burnout is no badge of honor.
If you squint your eyes just enough, tilt your head at the right angle, and hold your breath for a count of 10, you might see burnout as the result of lazy, incomplete, ineffective, and bad business design. We hear a lot of ‘success stories’ about founders and CEOs working 12-16 hours each day, providing…
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Data is not the story. Nor is it marketing
Modern marketing is ever-more difficult to distinguish from data. But it is crucial that we put forth continued effort to separate them in order to best invest our resources. Here is my take on it. Marketing is the story. Multiple stories, actually! – The story about why and how you (the brand, product, team, individual,…
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Everything is Marketing. Marketing is Everything!
Everything we do and don’t do communicates something about us, our values, preferences, and personalities. It helps us build trust and social bonds to those around us, as well as to seek other places/groups where we can easily connect. This applies to individuals, small business entities, and large corporations equally. Humans evolved to communicate at…
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Listen, connect, innovate.
These three words will do wonders in EVERY relationship you have – both business and personal. As simple as it sounds, it represents a lifetime commitment of practice, patience, getting it wrong, and improving. LISTEN:It must start here. Hear the words others say as well as what they don’t say. By following the ‘anatomic rule’…
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Profitability is Key to Sustainability
Sustainable business IS profitable. Let’s start with simple explanations of 2 key concepts with 7 words each. PROFIT: calculation of total revenue less total expenses. SUSTAINABILITY: The ability to continue operations perpetually. In order to continue operations, businesses need to collect more than they spend. Each business has a unique pattern to the sources, timing,…
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Easy Is Always Better
One way to gain huge advantages in the minds of the human buyers and users is to make things simple. Einstein has been famously attributed to a reminder to us all that if we can’t explain it simply enough for a 5th grader, we don’t understand it well enough. This applies to Business, Finance, Economics,…
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Celebrate Perpetually
There is an old management saying about catching people doing the right things and celebrating, rather than catching them doing something wrong and correcting them. It is hard work to do this day-in and day-out. Shortly after the new year, I began formally dedicating a portion of my day to writing out an actual list…
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Ideal Clients Are Not Always Ideal
It is easy to describe ideal clients/customers as being … well… perfect. As in:– Easy to identify and find digitally– Already know they have a problem or challenge– Currently looking for solution options– Funding approved– Ready to buy While some of these attributes ARE available, they alone are not likely to sustain your growth goals,…
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Whole-business approach
Whole person approach = whole business approach Thankfully, there is a lot of talk about mental health and stability as it pertains to business, career, growth, and success. The benefits apply to EVERYONE, not just entrepreneurs, founders, and executives. A whole-person approach to business design is merely about creating support systems for critical infrastructure. It…
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Growing with Values
Formalizing and adopting clear values in your organization or team does have a immediate and positive impact on morale, trust, and growth. When organizations approach this as a 1-time investment, they can expect a 1-time bump. If shown graphically, it would likely be a sharp spike followed by sharp decline. The decline may be more,…
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Dreams Require Processes
Ideal outcomes are like whimsical dreams without a process to bring them into reality. These 6 Key areas help channel efforts and energy into building systems that create ideal outcomes. They are presented in a circular design to suggest that it doesn’t matter where you begin. There is no particular order to follow. Start where…
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Limits of Product Design
It is nearly impossible to design and build a product that will sell itself millions of times over! Great product design IS important. But Sustainable and growing revenue streams are built by stories, connections, and relationships of marketing, branding, and sales professionals. Period. Revenues can be generated without them. However, the default arena is PRICE – which is heavily slanted toward…
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How To Prioritize
Ever come out of a strategic meeting with TOO MANY PRIORITIES? It might be a sign that they actually aren’t priorities and might benefit by a system. Feel free to apply, adapt, and/or share this simple one. 1: GET PHYSICAL: not like fisticuffs! Write the following down on paper or whiteboard (avoid software as much…
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Strategy and Execution
Execution is a valuable and important skill to have in business. It shows up as our history. We can easily look back at the sum of the decisions we make and assess a judgement – Did we execute well? But execution is only half (at most) of the story! Strategy and purpose are what drive our decision-making and will…
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What is Leadership in Marketing & Sales?
-It is building authentic connections with customers, clients, and users; as well as teammates, other departments, and internal competitors. – It is helping those in your sphere grow, benefit, find joy, minimize pain. – It is sharing knowledge and skills while constantly learning from others and trying new things. – It is about facilitating communication and trust. (notice that it is NOT…
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Polishing Turds or Audience Selection
I admit it! On more than two occasions in my career, I invested massive amounts of my creative, persuasive, and story-telling energies into a product or company that I knew wasn’t going anywhere. It was torture! What separates successful #innovations isn’t how much spin or #marketing resources are applied. It is doing the challenging work to understand who can…
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Why People Love Brands
The foundation of every #Brand is psychological safety. People want to feel #heard.We want to feel #connected with others.We want to be part of a shared #future #Communicating that brand is done through #BelongingCues – subtle and authentic behaviors repeated over time that create conditions for collaboration, shared problem-solving, listening, and learning. People show love and support where they feel it reciprocated. Are you…
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Innovation and Product Life Cycle
Innovations are often mis-understood as being instant hits that immediately resonate with mass audiences and ‘virtually sell themselves’ based on their merits, coolness, or impact alone. This is NEVER the case! More accurately, all innovations follow the exact same sequence of growth as every other product. No brand, person, or idea can escape it. Following…
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Only Execute Fully-Funded Projects
A mentor talked with me about only executing fully-funded projects early in my career. I feel strong and confident every time I use this tip to make a decision about where to invest my energies. I have been burned every time I go against this methodology. As have countless others. One trick I have learned…
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To Brand Is To Be Human
Your brand is critical to attracting ideal clients/customers, defining expected quality, overall business stability, growth opportunities, and personal wealth. Meaning: without a defined brand, all the above is extraordinarily difficult. It has always been this way! By always, I refer to dating of early branding irons that go back thousands of years. More crucially, branding…
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Importance of Innovation
#Innovation is the ONLY way to change your current situation, direction or hope to get new results. It can seem scary when you don’t have ample resources of time, money, friends, or whatever. It might not “work”. Meaning it might not bring the results you intend. But trying something new will always bring new results and #feedback.…
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Finding Your Marketing Sweet-spot
Marketing initiatives and strategies are as unique and diverse as humanity. There is NEVER a single best-solution for any brand, product, service, or industry. Rather, each marketing and leadership team must determine their own goals, outcomes, and objectives they wish to achieve with their efforts and find a range of nuanced tactics that serve them…
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How Do You Harness Engagement?
How do you build #engagement beyond social and digital platforms? Many consider engagement strictly as a buying signal and assign points or metrics as a form of progress towards a purchase. But there are many times when engagement is consistently very high, yet there is no opportunity to transact.– Industry Incompatibility: maybe respectful peers like…
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Who do you serve?
#Business exists to serve people. And to the extent people are served, business grows. Get to know your people – as individuals.People often fall into categories of shareholders, owners, employees, vendors, buyers, users, subscribers, followers, and friends – each with different needs. None of them is more important than any other. Find ways to help them…
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My 3yr Old Taught Me ALL About Engagement
Numbers can be a good reflection of our progress, but are NOT the actual target! Proof from my 3ry old:She mostly does what we ask/tell her to doShe always behaves in ways that are expected of her (tantrums ARE expected).She wants to be part of the things we do.She wants to contribute with her skills…
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Platinum Rule For Business
Happy, safe, and trusting humans are THE BIGGEST KEY to any business being able to operate. It is the foundation for employment, leadership, buying, and selling. Surely, we can all agree that there is no way a business can make money without these systems in place. Today’s business environment is often demanding that these systems…
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Unique Value Proposition = Never-ending Revenue Stream
#Marketing, #Brand and #Sales channels ARE your unique value proposition – not merely a way to communicate it! It is time to re-design them to reflect their true power of building engagement and future-proofing your business. What exactly do I mean? Engagement is a signal that audiences trust you, your messaging, and/or your brand. Sometimes…
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Understanding BRAND
A #brand is simply the framework for decisions. It should reflect #humanity, #integrity, and #consistency while leaving room for interpretation and application across diverse situations. For businesses this is reflected in the employees we hire and the partnerships we pursue more than the images and words we promote. For individuals it is reflected by the…
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A Foundation for 21st Century Business
Whether we are ready to admit it or not; the way we do business today is different than it was 10, 5, even just 3 years ago. Buyers either seem to care about different things or care about things in a different degree. There are more competitors offering highly similar products and services. Consumers have…
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A Carpenter’s Perspective on Building Business
I have always been handy with tools. Combine that with a strong sense of curiosity to understand that I easily adopted a DIY mindset early on in life. It began by taking things apart after they had ceased ‘working properly’ to study the innards and how they were assembled. As my knowledge and skills increased;…
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Building Innovation
We know that lightning strikes the earth about 100 times each second. We even know that nearly 70% of lightning occurs over land in the tropics where the atmospheric convection is greatest. But we still don’t know where or when it will happen. We don’t know what the results of each strike will be. Perhaps…
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Grow Your Business Through Networking, Not Karaoke
Networking events are not for making sales pitches and closing deals. They are for meeting and connecting with other people. Sometimes you meet some really great prospects, but as most networking events are put on by an industry organization; you meet a lot of your competition – or at least people who already believe,…
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Traditions
Over the holidays, we often take time to reflect on what is important to us and share in a variety of traditions; a particular meal only served once-a-year; curling up on the couch to watch a holiday movie at 2:00 pm; the way we decorate the house; and the opening of gifts. Like the holiday…
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Illuminate Sales
Many businesses sell a commodity item – something that has ‘one hundred and one’ of uses, or ‘that everybody needs’. There is a portion of your audience who will buy it because it is available, and a portion who buy it with a specific use in mind. Let’s say it is a candle. If you…
David R Frick 