Episode 349

Why Some Find Comfort In The Red Ocean's Certain Death - S7 E16

Takeaways

  • The entrepreneur mindset involves taking risks and being innovative.
  • Every day in business involves some level of risk.
  • Assessing longstanding assumptions is vital for growth.
  • Red oceans are characterized by rigid boundaries and competition.
  • Blue oceans represent new opportunities and innovation.

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

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🖥️ Ditch The Suits Website

🎙️ One Big Thing Podcast


Chapter Markers:

00:00 - The Entrepreneur Mindset and Risk Taking

02:56 - Assessing Long-Term Assumptions

05:52 - Breaking Boundaries in Business

09:00 - The Balance of Customer and Employee Respect

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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.