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Life of a Business Owner

Daily posts about the challenges of Business Owners

Don’t be afraid of being copied.

Because you will be, and everything you see around you has been copied modified and copied again. Your product can…
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Posted on: 26 2019f November 2019 Last updated on: 26 2019f November 2019 Written by: dmitriev

Blue ocean strategy is dead

If you start analyzing unicorns, you notice that most of them were not pursuing blue ocean strategy. They were entering…
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Posted on: 25 2019f November 2019 Last updated on: 24 2019f November 2019 Written by: dmitriev

Formulating hypotheses

Our business success depends on how well we can come up with and test hypotheses. Here is a template I…
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Posted on: 24 2019f November 2019 Last updated on: 24 2019f November 2019 Written by: dmitriev

Propaganda instead of advertising

Most companies advertise their products. I suggest upping it up one notch and start propaganda. We should stop talking about…
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Posted on: 23 2019f November 2019 Last updated on: 24 2019f November 2019 Written by: dmitriev

Always doing something new

If you, as a Business Owner, want to grow your business, you should always be doing something new. As soon…
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Posted on: 22 2019f November 2019 Last updated on: 24 2019f November 2019 Written by: dmitriev

Shallow questions

As Business Owners, we often ask the questions I call shallow. They are addressing the symptoms, not the root causes.…
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Posted on: 21 2019f November 2019 Last updated on: 24 2019f November 2019 Written by: dmitriev

When setting up experiments…

Ask yourself these questions: What will be the metric to measure (pieces, percentages, time, dollars)? Pick one or multiple of…
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Posted on: 20 2019f November 2019 Last updated on: 24 2019f November 2019 Written by: dmitriev

Don’t sell what you have…

Many Business Owners I talk to start with building their products, and then they are trying to sell it to…
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Posted on: 19 2019f November 2019 Last updated on: 24 2019f November 2019 Written by: dmitriev

How much should you spend on marketing?

I often get asked by the Business Owners how much should they spend on Marketing. Some say 10% of your…
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Posted on: 18 2019f November 2019 Last updated on: 24 2019f November 2019 Written by: dmitriev

Stress-testing new product ideas

If you got an idea of a new product or service, follow this logic. Throw away the thought that you…
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Posted on: 17 2019f November 2019 Last updated on: 24 2019f November 2019 Written by: dmitriev
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