The Personal MBA: Master the Art of Business
When you make an offer to a new prospect, they will automatically and unconsciously examine how your offer will influence their social status.
Josh Kaufman • The Personal MBA: Master the Art of Business
the more real value you create for other people, the better your business will be and the more prosperous you’ll become.
Josh Kaufman • The Personal MBA: Master the Art of Business
Every business is fundamentally limited by the size and quality of the market it attempts to serve.
Josh Kaufman • The Personal MBA: Master the Art of Business
Learn everything you can from your competition, and then create something even more valuable.
Josh Kaufman • The Personal MBA: Master the Art of Business
Consciously building Social Signals (discussed later) into your offer is almost always an effective way to increase its appeal to your target market.
Josh Kaufman • The Personal MBA: Master the Art of Business
Every successful business (1) creates or provides something of value that (2) other people want or need (3) at a price they’re willing to pay, in a way that (4) satisfies the purchaser’s needs and expectations and (5) provides the business sufficient revenue to make it worthwhile for the owners to continue operation.
Josh Kaufman • The Personal MBA: Master the Art of Business
Our ancient brains pay close attention to opportunities and threats, scanning the environment for new stimuli that could help or harm us.
Josh Kaufman • The Personal MBA: Master the Art of Business
The best way to observe what your potential competitors are doing is to become a customer.
Josh Kaufman • The Personal MBA: Master the Art of Business
Every business fundamentally relies on two additional factors: people and systems.