Don't Miss a Thing
Free Updates by Email

Enter your email address

preview

powered by FeedBlitz

RSS Feeds



By Twitter: @thisissethsblog

Search

Google
WWW SETH'S BLOG

SETH'S BOOKS

THE DIP BLOG by Seth Godin




All Marketers Are Liars Blog




Blog powered by TypePad
Member since 08/2003

« It's so easy | Blog Home | A note for John Harrobin »

How to be a millionaire

First step, make a million dollars.

Is purple necessary? Shariq wonders why so many big, successful, profitable companies (Dell, Wal-Mart, Accenture) are boring. Doesn't it contradict so many of the pundits who say we need to be remarkable, small, excellent, etc?

It's pretty compelling logic--look at superbig, superprofitable companies, do what they do and boom, you'll be successful.

There are two problems. The first is that they already did what you are setting out to do. So copying them doesn't give anyone a reason to switch. Filling a filled niche is incredibly difficult and doing it without something to give you a significant edge doesn't work.

The second problem is that long ago, every one of these companies you'd like to emulate was remarkable. Dell, for example, wasn't boring when they invented so many of the tactics that remade the industry. Wal-Mart faced down skeptics for decades.

Bottom line: growth, if it's growth you're after, doesn't come from acting like you are already the dominant force in the market, able to deliver average products for average customers. Growth always comes from the edges.

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d83451b31569e200d8346273bf69e2

Listed below are links to weblogs that reference How to be a millionaire:

» How to be a millionaire - Seth Godin's advice from WebMetricsGuru
Im not posting less over Christmas and New Years because I dont want to or dont have the time to - theres less to comment about right now as most other bloggers I read are taking time off or blogging... [Read More]

» How to be a millionaire from Jake Rinard and Family Talk
From Seth Godins blog:How to be a millionaire Bottom line: growth, if its growth youre after, doesnt come from acting like you are already the dominant force in the market, able to deliver average products for average custom... [Read More]

» Build Your Niche from JDsBlog
Is your News Years Resolution to be a millionaire? Would you like it to be? Think about this: Bottom line: growth, if its growth youre after, doesnt come from acting like you are already the dominant force in the market,... [Read More]

» Dec 26 Blog Wrapup from VeryAwesomeBlogs
Seth Godin: How startups are different from big corporatesThis post addresses the heart of the conflicts we as entrepreneurs face all the time: why should we do this if some big corporate isn't doing it and still succeeding. Seth explains [Read More]

» Why, then...? from erniesblog
Seth points out that if you want to be a millionaire, emulating the big and bland is one way to go -- but probably not the easiest, especiallying when you're starting. Creating average things for average people is a job [Read More]

» Be Different From The Crowd from Content Blog
Although Seth Godin has written a post about How to be a millionaire and mostly concerns business persons, the thought can be applied to blogging too. ... [Read More]

» Basic Elements to Success from topspeakeronline.com
Different people view Success differently. To some, success means financially independent with wealth; to others, success is climbing to the top of the corporate ladder. Perhaps, you view success as having a well balanced lifestyle, personal developmen... [Read More]

« It's so easy | Blog Home | A note for John Harrobin »