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When the cost to develop a new product is fixed (and, usually, high) and marginal costs of manufacturing after development are low, the best way to maximize profits is to improve the chances that the product will achieve very high volume levels. With these economics, it is better to be the dominant leader in a few products than to support average p
... See moreAdrian J. Slywotzky • The Profit Zone: How Strategic Business Design Will Lead You to Tomorrow's Profits
The strategic question is what are we getting done?
Eddie Yoon • Snow Leopard
your unique way of doing business.
Michael E. Gerber • The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It
In a multicomponent system, if the business design does not include an aggressive focus on the high-profit components, it is incomplete and far less profitable than it could potentially be.
Adrian J. Slywotzky • The Profit Zone: How Strategic Business Design Will Lead You to Tomorrow's Profits
Business is not about what you make—it’s about what you keep.
Josh Kaufman • The Personal MBA: A World-Class Business Education in a Single Volume
His life’s work is devoted to helping experts build better businesses.
David C. Baker • The Business of Expertise: How Entrepreneurial Experts Convert Insight to Impact + Wealth
Great businesses have always known that the magic is in building great relationships.
Rich Litvin • The Prosperous Coach: Increase Income and Impact for You and Your Clients (The Prosperous Series Book 1)
I could point to one thing that drags people away from long-term relevance it is that they spend their best efforts on a single client instead of spending their best efforts on developing perspectives and processes for all of their clients.