Episode 387

It Does Not Have To Be Complicated - S7 E54

Takeaways

  • You can be in a red ocean and still find success.
  • Focusing on non-engaged customers can lead to differentiation.
  • Bureaucracy can create sluggishness in organizations.
  • Complex business models hinder agility and decision-making.
  • Leaders must embrace failure as part of the learning process.

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


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🎤 Ditch The Suits Podcast

🖥️ Ditch The Suits Website

🎙️ One Big Thing Podcast


Chapter Markers:

00:00 - Navigating the Blue Ocean Strategy

02:48 - Overcoming Bureaucracy in Organizations

06:02 - Agility and Adaptation in Business

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Travis Maus

Travis Maus is the Chief Executive Officer of S.E.E.D. Planning Group is a fee-only financial planning firm with over 30 employees and locations in New York and Tennessee.

He hosts Unleashing Leadership and co-hosts the award-winning Ditch the Suits Podcast. Ditch the Suits aim is to help listeners get the most from their money and lives.

He is passionate, unfiltered, and committed to building great businesses.