A Smart Bear: On Strategy
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Excuse me, is there a problem?Many startups fail despite identifying a real problem and building a product that solves that problem. This explains why, so you can avoid their fate. —April 2023 | 6,800 words.
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Navigating the unpredictability of everythingWe dramatically, repeatedly fail to predict the future. Does that mean “strategy” is senseless? No, it means you need these techniques to navigate a volatile world. —March 2023 | 4,900 words.
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Using the Needs Stack for competitive strategyThis simple method positions your product to be more valuable, especially against competitors who aim to disrupt you, or you them. —June 2023 | 3,800 words.
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Willingness-to-pay: Creating permanent competitive advantage for the right reasonsThis fresh take on “Willingness-to-Pay” analyzes three types of customer motivation, leading to superior strategies for growth that also better the world. —May 2023 | 4,000 words.
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Selling to Carol: Why targeting an ICP brings 10x more customers than you expectedTargeting your “Ideal Customer Profile” (ICP) is the best way to differentiate and win sales, but does it limit your target market? —January 2024 | 2,800 words.
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What makes a strategy greatMost so-called “strategies” are vague, wishful thinking, written once and never seen again. Don’t do that. These are the characteristics of great strategy. —August 2023 | 5,900 words.
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The three kinds of leverage that anchor effective strategiesLeveraging strengths – not “fixing weaknesses” – is how to win. Better when differentiated. Best when durable. Here’s how to create leverage. —June 2023 | 3,300 words.
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Pivot PointsNot “enabling constraints”, not “weaknesses”, not even “strengths”. The concept of a “Pivot Point” grapples with the same reality, but more constructive and useful. —September 2024 | 4,400 words.
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Moats: Durable competitive advantageIndustries commoditize over time, delivering similar products at similar prices resulting in low profit. Moats are the antidote; your strategy must create some. —May 2022 | 1,800 words.
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Deciding whether an investment is worthwhileWhy “expected value” doesn’t work; here’s a better framework for making long-term investments in your career, startup, and life. —February 2024 | 2,700 words.
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More or lessYou must select between three pricing strategies, and fully commit to their implications. —June 2025 | 3,800 words.
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Real Unfair AdvantagesIt’s not a question of if someone copies your business idea, it’s when. —July 2010 | 2,800 words.