article thumbnail

The Bull who withstood the Monster

In the CEO Afterlife

Monster entered the market after Red Bull, discounted their product, proliferated the hell out of the brand, and committed a boatload of sins that would give marketing pundits Al Reis and Jack Trout migraine headaches. The content can show up on DVD, on-line and on television.

Trout 249
article thumbnail

7 Steps to Getting Your Startup Story Right

Rajesh Setty

Ideally, you should find a missing piece of the puzzle that will complete something important for your target audience. Some entrepreneurs quip back citing examples from Alexander Graham Bell to Steve Jobs who could not or did not do market research respectively but went ahead with amazing innovations. How do you do this?

Ries 70
article thumbnail

Lean Doesn’t Always Create the Best Products

Harvard Business Review

The buds of innovation are fragile, and are easily squashed by critique or a view of the competitive market environment. Many pre-funding startups – the primary audience of Lean – are built on nights and weekends by entrepreneurs who are driven by a need to change the world.