YoungUpstarts

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Digital Entrepreneurs — Learn From These 3 Great Business Websites

YoungUpstarts

But none of this happens by accident — here are lessons prospective digital entrepreneurs can learn from three great business websites. Entering a competitive marketplace makes branding crucial for differentiating yourself from more established rivals.

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The Secret Sauce Of Start-Up Success

YoungUpstarts

You want the starting market you have chosen to be narrow enough to allow your product/service to be easily differentiated, but not so narrow that there isn’t enough market for the business to be viable. Build a business model that scales. As you build your business model, dig deep to find the “what ifs.”

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Are You Losing Money by Staying Too Niche?

YoungUpstarts

Finding your niche is a great way to differentiate your business and build a reputation within your industry. However, staying too niche can limit your growth, and you may miss out on an untapped market that fits perfectly within your business model.

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The Seven Rules of Fearless Growth: What Fearless Companies Are Doing To Grow Faster And Smarter 

YoungUpstarts

by Amanda Setili, author of “ Fearless Growth: The New Rules to Stay Competitive, Foster Innovation, and Dominate Your Markets “ Growth has always been fundamental to business success, but it’s never been more critical than it is now. Problem is, the same forces that make growth imperative also make it incredibly daunting.

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The “Grow or Die” Lie: Why Everything You Think You Know About Business Growth Is Wrong

YoungUpstarts

Between 2005 and 2007, Starbucks aggressively opened new store locations and made several operational changes that diluted its customer value proposition, diluted its high employee engagement culture, violated its real estate site selection controls, and weakened its high value-added ‘experience’ business model.

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The Branding Evolution: When To Invest In Developing Your Brand And When To Tackle A Rebrand

YoungUpstarts

At what point in your business trajectory is it worth revisiting your brand and putting resources into a rebrand? Your business model, target audience, or goals have changed. You are not sufficiently differentiated from your competition. Maybe you’ve uncovered a new (and more lucrative) use case for your product.

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Does Your Culture Reward The Lazy Brain? Five Ways to Override This Natural Human Tendency.

YoungUpstarts

Doing so requires creating a hybrid business model, one that prioritizes the need for innovation while keeping in play the best aspects of operational excellence — for example, its focus on relentless, constant improvement. In other words, you have to create an idea meritocracy.

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