Episode 391
Your Industry Is Not Your Limitation
Takeaways
- The Blue Ocean concept encourages innovative thinking.
- Many people are limited by their industry mindset.
- Reassessing your industry can lead to new opportunities.
- The marketplace is unlimited, unlike traditional industries.
- Surrounding yourself with like-minded individuals is crucial.
- Mitigating risk is key in exploring new business avenues.
- Understanding the risks of the known is essential.
- Change is possible if you challenge your current beliefs.
- Success should be defined by personal standards, not industry norms.
- A purpose-driven approach leads to better outcomes.
📖 Buy "Blue Ocean Strategy" by W. Chan Kim | Renee Mauborgne
Sponsors
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🎙️ One Big Thing Podcast - https://www.nqrmedia.com/one-big-thing
Chapter Markers:
00:00 - Exploring the Blue Ocean Concept
03:13 - Challenging Industry Limitations
05:47 - Redefining Success Beyond Industry Norms