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As a business owner, you might be thinking to yourself, “how could it be possible for a business to thrive during the pandemic?” Well, you might be surprised just how profitable you can make your business, even in this strange new landscape.
If you want to make money, you must launch fast. The founder of Linkedin – Reid Hoffmann – once said: “If you are not embarrassed by the first version of your product, you’ve launched too late.” However, the reason why I wanted to point this out to you is because when it comes to sales people never keep an eye on how much time did they invest to get a deal. That’s why I find a lot of potential to improve results for companies because it starts with making sure you talk to the right customer.
Do you know which options you have to position yourself price-wise? In this fourth part of the Business Growth Fundamentals Series, we will take a look at Bowman’s Strategy Clock. Bowman’s Strategy Clock is a model developed by Cliff Bowman and David Faulkner. It is an extension of Porter’s competitive strategy model which only looked…
Are you wondering, why some industries just make more money than others? Are you wondering how you can also make more money in your industry? Read on to find out how to identify a good market with high profit margins. Michael D. Porter, a Harvard professor, invented and published the “Porter’s Five Forces” model in…