Strategic Planning
« Previous Entries Next Entries »Fast Follower III – First Mover Disadvantage
Tuesday, September 29th, 2009This is part III of a three part series. Click here for Part I and Part II John Fitch was first. He spent the majority of his adult life fruitlessly attempting to capitalize on the novelty and uniqueness of his invention. Unable to raise funds from wealthy individuals, he solicited $300 from a hodgepodge of [...]
How Much For A Rib? Pricing Should Be Based On The Value You Deliver – Period
Tuesday, June 16th, 2009In his premier film appearance in the blaxploitation send-up “I’m Gonna Git You Sucka,” Chris Rock inadvertently illustrates a key pricing issue faced by most entrepreneurs when they initially launch a new product or service. Watch this 93-second clip and see if you can identify the pricing pitfall addressed in this humorous clip. Caution: the [...]
Fast Followers II: What Color Are Your Elephant’s Sunglasses?
Wednesday, June 3rd, 2009Note: This is Part II in a three-part series on Fast Followers. Click here for Part I and Part III When Superman was introduced in 1939, he was truly a breakthrough comic book character. At the time, most comic heroes were very human, such as Dick Tracy, The Lone Ranger and Tarzan. The very [...]
Fast Followers I: Beat The Market Leaders At Their Own Game
Tuesday, May 26th, 2009Note: This is Part I in a three-part series on Fast Followers. Click here for Part II and Part III Lou Pearlman, owner of Trans Continental Airlines, watched five teenagers crowd into one of his private planes. He asked himself, “How the hell can these kids afford to charter a private plane?” The answer surprised [...]
Starting Up In A Downturn – 10 Reasons To Start A Company In An Economic Downturn
Tuesday, March 3rd, 2009Salmon live most of their lives swimming with the current. However, once they reach reproductive maturity, they make an arduous journey upstream, often jumping up waterfalls, in order to reach the spawning grounds of their birth. Salmon do not decide to make their epic trek based upon weather conditions, the flow rate of the streams [...]
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