"How does your business make money? Are you sure?"
This question always catches unsuspecting entrepreneurs off guard but also creates a great conversation that can lead to new ideas for solving problems and taking advantage of opportunities. Many businesses focus on the product or service that they offer to the marketplace and not necessarily the problem they are solving. Common logic says that if you are the best provider of a product or service in the market that your business should be the market leader. But is this true? What makes a great product or service? The secret to every great business is that it understands the problem it is solving not the product or service it is providing. You may think this is a nuanced difference but it really isn't. In fact, two businesses offering the exact same product or service may have two different problems they are solving. The key to profitability is being able to understand the problem that your customers or clients are paying your business to solve.
Read the blog here: https://dylangallagher.wordpress.com/2018/11/27/the-secret-to-every-great-business/
LinkedIn: http://www.linkedin.com/in/gallagherdylan
"music: Point Blank - Not The King"
Growing your business? What you need to know about debt and equity
What does the collapse of Silicon Valley Bank (SVB) mean for business owners?
Use negative review to get positive results
How to find new revenue streams
How to get new clients and grow revenue
Why should employees be shareholders in your business
Some thoughts on buying out a business partner
How to get 100% out of your business
Grow a business that can run without you - Part 3
Grow a business that can run without you - Part 2
Grow a business that can run without you - Part 1
How business owners create value
How to use a recession to improve your business
How to sell faster
How to market your business faster
Why do business owners struggle?
How to set prices in your business
1 easy way to boost sales
How to buy a business - Part 3 of 3
How to buy a business - Part 2 of 3
Join Podbean Ads Marketplace and connect with engaged listeners.
Advertise Today
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
Organic Marketing Simplified: Master podcast marketing, fuel podcast growth, and make money podcasting!
THE GO BIZ GUY
The Sigma Femme Podcast
The Prof G Pod with Scott Galloway
Habits and Hustle