Episode 338
There Is No Such Thing As Competition
Takeaways
- You need incredible passion to succeed in business.
- Competition exists even in a blue ocean.
- Creating a compelling narrative is essential for attracting clients.
- Leadership is crucial in navigating new business waters.
- Disruption can lead to unexpected competition.
- Recruitment is influenced by the energy of the business.
- A strong cause can draw people from other industries.
- Businesses must listen to their clients' needs.
- Success can create resentment from competitors.
- It's important to deliver value without expecting quid pro quo.
📖 Buy "Blue Ocean Strategy" by W. Chan Kim | Renee Mauborgne
Sponsors
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Chapter Markers:
00:00 - Introduction to Blue Ocean Strategy
02:49 - The Reality of Competition
05:47 - Creating a Compelling Narrative
08:56 - Disruption and Its Consequences