Episode 392

Master and Commander of Your Own Ocean

Takeaways

  • You can have multiple blue oceans, but you need to own each one.
  • Establishing a strong square in your territory is crucial.
  • Continuous expansion is necessary to avoid stagnation.
  • Internal competition can drive innovation and new opportunities.
  • Once you find a blue ocean, strategize for the next one.
  • Maintaining momentum is essential for ongoing success.
  • You should always be looking for new opportunities.
  • Don't get comfortable; keep pushing for growth.
  • The mindset of identifying opportunities is key.
  • Fortifying your current blue ocean allows for better expansion.

📖 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 - Exploring the Concept of Blue Oceans

02:52 - Establishing and Fortifying Your Blue Ocean

06:04 - The Importance of Continuous Expansion

09:04 - Maintaining Momentum and Identifying New Opportunities

About the Podcast

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Unleashing Leadership: Unlocking Greatness and Embracing Change

About your host

Profile picture for Travis Maus

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.