Most CEO business owners completely misunderstand the point of market differentiation. They think that being different in a marketplace means doing what your competitors do, but better. You see this a lot in the computer industry. One company has a computer that has 1 gigabyte or RAM, with a 150 gigabyte hard drive. The next [...]
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I was in Baltimore last week speaking to members of the CEO Club of Baltimore. I noticed several people in the room were have great sales and profits in 2009. Today’s video explains what these companies had in common and how they were successful in deciding to NOT participate in the Great Recession.
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