article thumbnail

8 Tactics To Make Service Your Competitive Advantage

Startup Professionals Musings

Train them fully, give them authority, make them accountable, and tie their pay to customer satisfaction. Train and coach continuously. In the past, competitive advantage was all about economies of scale, advertising power, and service versus price. Know your customers intimately.

article thumbnail

6 Keys To Competitive Advantage By Memorable Service

Startup Professionals Musings

With pervasive access to social media, customers no longer differentiate poor product repair and replacement from a poor shopping experience or customer usage satisfaction. This means real customer value emphasis in all interactions and marketing, versus low price and price concessions. Inflexible processes.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

8 Initiatives To Heighten Your Customer’s Experience

Startup Professionals Musings

Train them fully, give them authority, make them accountable, and tie their pay to customer satisfaction. Train and coach continuously. In the past, competitive advantage was all about economies of scale, advertising power, and service versus price. Know your customers intimately.

Startup 154
article thumbnail

8 Strategies For Early Growth As A New Business Owner

Startup Professionals Musings

Even if you were an “A-Player” in your previous organization (top 10-percent performer, high integrity, exceeds on commitments), you had peers and executives around you to provide coaching and keep you centered. As an A-Player or an entrepreneur, the focus of work must not be on hours spent, but time and cost savings without micro-management.

article thumbnail

10 Ways To Make Your Own Luck Driving Startup Success

Startup Professionals Musings

You need other people with skills that complement yours, are not “yes” people, and have relevant experience rather than a low price-tag. Too many business people let the daily challenges cause them to revert to emotional and autocratic demands, failure to communicate, and inability to coach and mentor team members.

Startup 143
article thumbnail

8 Priorities For Venture Founders Who Aim For The Top

Startup Professionals Musings

Even if you were an “A-Player” in your previous organization (top 10-percent performer, high integrity, exceeds on commitments), you had peers and executives around you to provide coaching and keep you centered. As an A-Player or an entrepreneur, the focus of work must not be on hours spent, but time and cost savings without micro-management.

article thumbnail

How Smart Entrepreneurs Don’t Hesitate To Seek Help

Startup Professionals Musings

I found some good guidance on this subject in a new book, “ The Leader You Want To Be ,” by Amy Jen Su, a managing partner in an executive coaching and leadership development firm. I get much more satisfaction, and can provide more realistic help, in steering you through specific pricing, organizational, or competitive challenges you face.

Help 123