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as and recently reflected in Annual TMBA ReviewHe with boss Their business revenue nearly doubled last year. On this week’s episode, Dan and Ian reflect on some simple principles or strategies that might help them and other business owners achieve the same in 2023.
Now, since this is the TMBA podcast, they have to come in 5. Dems Da rules. They include narrowing a niche to gain scale, why playing with pricing dynamics can be so powerful, and opportunities that lifestyle businesses often miss without a well-defined strategy:
‘What is strategy? It’s a painful constraint on your mission in the market, and how your entire operation fits into that commitment… (it’s saying) our strategy will be organized 100% around that deliverable. Because the whole organization is organized around it, we are not easily copied. That’s the idea. We cannot be copied, we will sit alone in the market. ”
Listen and learn:
- How niche markets and strategies complement each other
- The power to talk to your customers about anything
- Why “Double the Price” Is Often the Wrong Mantra
- What the Ideal Customer Profile Can Do for Your Business
Want more TMBA and lifestyle businesses?
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Mentioned in the episode:
Before Quitting – Our New Book
cooperate with us
Dynamite ring
Dynamite work
post remote jobs
Tropical MBA on YouTube
Dynamite Jobs – Remote Hiring Sales Page
Jonathan Solozano
media group only
Ayman Abdullah
purple cow
Jim Collins, The Flywheel Effect
HBR “What is Strategy?”
expand
Liked this podcast? Check out these:
TMBA 678: Evolving Agencies With SaaS Mistakes Along the Way
TMBA 642: Breaking Plateaus and Other Important “P”s
TMBA 222: The Full Story Behind Our First Niche
Sponsor of the week:
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Have comments about the show?
Do you have any thoughts on things you’d like Dan and Ian to discuss in future episodes?
Our Producer Jane would love to hear from you [email protected] Or drop us a note using the record button below.
Thanks for listening to our show! We’ll be back next Thursday at 8AM EST.
cheers,
Dan and Ian
full transcript
(Transcripts to be published soon)
(Transcripts to be published soon)
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