Our prices determine our market – you are not a victim.
Don’t kid yourself. The market doesn’t determine our prices; our prices determine our market. It’s our fault, not theirs.
Tag: market focused
There are 5 posts tagged market focused.
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Revenue is Not Your Friend – Pricing For Profit
The Sausage Vendor said he bought his sausages for a buck, and sells them for $.95. When challenged as to how he would make money, he said, “No problem, I’ll make it up in volume.”
Business owners focus on Revenue when they should be focused on Profit. If they focused on Profit, they would raise their prices more often.
Why Product Focused Owners End Up on the Treadmill.
Last week we tried to give perspective to the idea that being the classic Systems Focused owners are great business builders but aren’t such great business starters. This week we want to see why Product Focused owners start the most businesses, but are the most likely to end up on the treadmill.
Why Systems Focused Owners are better business builders than business starters.
Last week we tried to give perspective to the idea that being the classic Market Focused entrepreneur isn’t all it’s cracked up to be. This week we’re looking at why Systems Focused managers are great business builders but aren’t such great business starters.
Entrepreneurs are the worst at building a successful business
Contrary to popular opinion, Entrepreneurs are easily the worst at building successful businesses.
Entrepreneur – Wikipedia: “willing to accept a high level of personal, professional or financial risk to pursue opportunity. …in possession of an enterprise or venture.”
