đź”´ Acknowledging Unique Strengths and Talent: Nick firmly believes that every individual possesses unique strengths and talents that should be recognised and utilised to their fullest potential.
đź”´ Embracing Personal and Organisational Strengths: He states the significance of individuals and organisations leveraging their strengths, highlighting each one’s distinctive competence.
đź”´ Challenging Competitive Advantage: Nick challenges the conventional understanding of competitive advantage, which implies that the success of one necessitates the failure of another. He advocates for a more inclusive approach to achievement and success.
đź”´ Value Creation: He stresses that achieving excellence in something is not fulfilling if there is no demand for it. This is the missing piece of the puzzle: the ability to solve different problems at various levels. He mentioned the example of the Self-Perpetuating Brand, explaining how merchandise sales at the Wildcats increased from $20k per annum to over $200k per annum. The goal is to create value that people can sustainably afford. It’s preferable to consider a recurring revenue model rather than a one-time payment.
- Under-managed Industries
- Recurring revenues
- High-value creation
- Scale
Your Hosts
Saarrah
Mathinthiran
Nick
Marvin
Ella
Barwood
