Inside: 9 Lessons from Baseball, No More Guess Who! Too Busy to Look? Why Startups Fail, Flip your Brand!
Here is your weekly installment of Tuesday Traction Points - Five things I'm seeing and experiencing that give me, and the entrepreneurs I work with, Traction!
9 Lessons All Great Leaders Can Learn From Baseball
9 timeless leadership lessons from America's pastime: one for each inning. Whether you're a baseball fan or not, you can benefit from applying the game's most important lessons.
My favorite: Talent wins games, but team chemistry wins championships.
You can have the best players in the league and the smartest, most strategic manager and coaches -- and that might even win a lot of games. But ... if the entire group doesn't have great chemistry -- they won't win a championship!
Read More (3 minutes)
No More ‘Guess Who’ With GWC™
When was the last time you asked yourself: “Is everyone on my team in the right seat?”.
To paraphrase Jim Collins from his book ‘Good to Great’, making sure that you have the ‘Right People’ (Core Values Fit), in the ‘Right Seats’ (Job Roles), is fundamental to the success and growth of your company.
Having any number of people in the wrong roles is a defining factor of whether any business grows or stalls in the long term.
Learn More (2 minutes)
Why Startups Succeed or Fail ...
This week I read a great report just released by Startup Genome. Analysis of 34,000 companies revealed an insight:
One of the most important principles successful companies possess is: Balance. Balance between "The Inner Dimensions" of scalable team and process and "The Outer Dimensions" of market "Traction" in customers and revenue are key! Successful companies invest in customer development in Discovery Stage. Unsuccessful companies invest a majority of their funds in early product development.
Read More (see p.19 in report - 5 minutes)
Book I Have Been Reading
A friend sent me this very accessible and insightful book on the evolution of brand building. It describes the ways accepted business "truths" have been upended by technological change.
Highlights: Today’s customers don't buy brands; they join brands. They no longer want products; they want meaning. They hate to be sold to, but they love to buy—and they buy in tribes. Social media has ushered in ten major changes to how businesses operate.
(whole book ~ 2 hours)