How Big is Your Moat?

Takeaways

• This podcast is all about how we implement takeaways from great books.
• You have to look at each one of your lines of service.
• What's your mix?
• If you have a wide moat, this is Morningstar's terminology.
• How do you become that thing that people go, man, I wish that they were still here?
• You have to take a look at the business and understand.
• The goal is to get either eliminate services you don't need.
• You can have a settler because it's an add-on service.
• You have to go claim more blue ocean territory.
• It's this part of it.

📖 Buy "Blue Ocean Strategy" by W. Chan Kim | Renee Mauborgne

Sponsors

🌱 S.E.E.D. Planning Group - https://www.seedpg.com/

🎙️ Ditch The Suits Podcast - https://www.ditchthesuits.com/

💻 NQR Media - https://www.nqrmedia.com/

🎙️ Cut Throat College Planning Podcast - https://www.nqrmedia.com/ctcp/cut-throat-college-planning

🎓 College Prep Bootcamp - https://www.sohteam.org/college-prep-bootcamp

🎙️ One Big Thing Podcast - https://www.nqrmedia.com/one-big-thing

Chapter Markers:

00:00 - Introduction to Unleashing Leadership

00:59 - Exploring Blue Ocean Strategies

01:58 - Understanding Business Portfolio: Pioneers, Migrators, and Settlers

03:55 - Identifying Your Business's Competitive Advantage

07:07 - Strategies for Business Growth and Innovation