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Bullied by a Monopoly

In the CEO Afterlife

So I approached the maker and negotiated a deal whereby they would produce for me under a brand that I would create for a niche market – the tourist and gourmet trade. But due to other interests and priorities in my life, I didn’t work at developing this business, so it became a hobby.

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How to Build a Brand | N2Growth Blog

N2Growth Blog

Don’t fall into the trap of resting on laurels and assuming that a great product or niche market will endure the test of time without constant attention to the shifting needs of a fluid marketplace. Even category dominant brands can fall into rapid decline as obsolescence sets in.

Brand 271
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Navigating the Seas of Entrepreneurship: 7 Pitfalls You Need to Avoid as a Small Business Owner

Strategy Driven

Without goals, it is far more difficult for employees to meet quality standards, and for CEOs to make intelligent decisions on behalf of the business. Selecting an oversaturated market can also make it far more difficult for your business to excel, so it is recommended to pick a niche market that you can dominate in.

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0511 | Larry Downes: Full Transcript

LDRLB

What he said was when you see them entering the market as these worse-but-cheaper alternatives, that’s when you needed to start really investigating what those technologies were and how they were going to ultimately replace yours. They’re going to be support; they’re going to tell other users how to fix things when they don’t work right.

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Case Study: The Mission or the Bottom Line?

Harvard Business Review

Troy and Shawn, the brothers who had started Baldwin Farms in 1993 and now served as co-CEOs, wanted to further penetrate the East Coast organics market and, with Gretchen's guidance, had opened the facility two years ago. Now it was a huge growth market. But developing a hub like that could take years.

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LEGO’s Girl Problem Starts with Management

Harvard Business Review

The three-person board of the privately-held company is all men, led by CEO Jørgen Vig Knudstorp. The 21-person corporate management team has 20 men and one woman – and she’s in an internally-facing staff role, not connected to the customer base or product development. The first non-family CEO took over and turned the company around.

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The Big Picture of Business: The Realities of Networking

Strategy Driven

The Business Tree™ has 7 major parts… 5 primary branches, a trunk (6) and the base (7): The business you’re in Running the business Financial People Business development Body of Knowledge The Big Picture No single branch (business component) constitutes a healthy tree. They cannot be all things to all people. Social Networkers.