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Breaking the "glass ceiling" with economic gardening
I’d like you to play along with a hypothetical situation. Let’s say you operate a business making high end gym bags. You’re really good at making these bags. People who see your bags love them. One problem, however; they are expensive. You’ve determined that you need to sell your product for $450 apiece.
Surprisingly – at least to me – there is a market for your product. It’s a relatively small market, but you’ve been in business for a few years now and sense there is an opportunity to expand. But, where are those potential customers, and how do you reach them?
Those are tough questions for a small business to answer. And the reality is that most small businesses don’t know how to answer them. It’s a glass ceiling that hinders way too many businesses with great products and great opportunities.
by Mike Knutson
MATR Supporters (view all)
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