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

🌱 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 Blue Ocean Strategy

02:49 - The Reality of Competition

05:47 - Creating a Compelling Narrative

08:56 - Disruption and Its Consequences

About the Podcast

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Unleashing Leadership: Unlocking Greatness and Embracing Change

About your host

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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.