Competitive Strategy: Value Discipline

Imagine you were building a football team from the ground up. Would you just go about willy-nilly picking the best available players?  Do you think after you filled your roster and realized you had 10 quarterbacks, and no running backs or receivers you’d ever win a game? What is your value discipline? No, when you build a team, you build a team around the best talent available to execute a particular style of play.  You choose a style of play, build a team around that style. You build a strategy around the optimal path to exploit your resources and compete against the other teams. If there are no great throwing quarterbacks available and there are a ton of mobile quarterbacks and running backs, you build a running team. To build on that you would look for linemen that can help you support that running strategy. You declare to the team, "we are a ball control team." You better make sure everyone on the offense now understands we are a run oriented-offense. The coach declares to win we keep the ball on the ground, control the clock, and dominate the ground game. Everyone knows we are built to run. If the coach misses...

The Real Facebook Crime Scene

"The news media and government are all focused on the Facebook crime of invasion of privacy. That's BS! Users agreed to give their private data away and shame on them for being surprised that they are product.. not the customer (see post). The media like to focus on the sexy stuff about the fake stories on Facebook. Hey, the idiots who believe that Hilary keeps sex slave children in the basement of a Pizza Parlor that has no basement. That's not a Facebook crime...

Revisiting the Startups Turd to Gold Ratio

For startups, the Turd to Gold Ratio is a measure of quality density. It isn't enough to just judge the number of startups in an attempt to gauge the vitality of any startup ecosystem. One must separate the wheat from the chaff. Crunchbase and AngelList are simple non-prioritized, unfiltered, non-vetted lists of startups. There is no pretense of a measure of quality.  Alternatively, Technical.y DC and DC Inno are vacuous frauds pretending to analyze and report on the quality of a startup while loving everything and rarely spotting a gem. They are more heavily weighted to turds than gold...

Business Focus – The Video

Business Focus A couple of weeks ago, I sat down over a beer and over an internet connection and about 800 miles of distance with Max Traylor of Beers with Max. We talked about lessons of a Turn-Around executive and why companies fail. Here's an excerpt from the interview on Business Focus. If you're getting this via RSS-Feed or Email, link here for the video. Max:  What would you say was the was the biggest challenge if you did notice any trends in these failing startup companies? What would you say is the biggest challenge and don't let the audience being sales and marketing professionals taint your answer. Mr. Cranky: Business Focus...

The Power of Relativity

Fried Green Tomatoes In the movie, Fried Green Tomatoes, there is a scene where a young boy is playing on a train track. His foot gets stuck in the track,...

ethical referrals

Ethical Referrals

Ethical Referrals Being a business coach exposes me to hundreds of business owners hungry for referrals. I meet butt loads of people a month. I have a huge network of contacts. I'm a connector. But I'm not an indiscriminate referrerer. I'm careful with the products, services, companies, and people who get my Mr. Cranky seal of approval. There are three types of referrals: 1) Ethical Referrals, 2) Relationship Referrals, 3) Transactional Referrals. So let's evaluate referrals as a sales development strategy. Every business thrives on sales. New leads drive new sales. There's a ton of bad ways to get sales...

Neuroscience Storytelling

The Neuroscience of Story Telling

The Neuroscience of Story Telling, compliments of Ethos3 Here's a great infographic regarding the neuroscience of Story Telling. It does a great job of explaining why storytelling engages the audience, resonates and is a powerful motivator. Also check out this great post by Scott Schwertly on the Ethos3 blog. ...

Bad Spam, Bad Marketing

Talk about bad marketing! Usually, Mr Cranky just ignores his spam mail. Occasionally, I lie to draw a lesson from them so I've decided to improve the following spam mail and send it to the spammer so that old Mak Saini...

Decision Making 8 Ball

Decision Making

Here's scary information about decision making. We make logical decisions illogically. In decision making, we don't weight either side of an argument equally. There is some hidden force that puts its finger on the scale and tips it in one direction. Decision makers will run from risk, faster and harder than they will run towards gain. Proof? Don't you believe me? You think you're a logical decision maker? I say you're risk averse? According to Michael Lewis's new book, lung cancer patients confronted with the choice of radiation therapy or surgery with a 90% survival rate, the overwhelming choice is surgery.  Yet just by framing the question differently, when presented with surgery with a 10% mortality rate, patients overwhelming choose radiation therapy. Do you understand that 90% survival is the same as 10% mortality...