Strategy Meets Finance

Are You Competing in the Right Market? Here Is How to Know | Ep 260

Steve Coughran Episode 260

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0:00 | 10:55

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Most businesses are so busy chasing work that they never stop to ask whether they are competing in the right market in the first place.

In this episode Steve digs into one of the four boxes in his strategy framework: market focus and position. He breaks down the three things you need to nail to get it right, your offer, your ideal customer, and your playing field, and why getting the analytics behind each of them matters just as much as the gut feeling you have been going off of.

It is one of the most important strategic decisions a business can make and most owners have never done it deliberately.

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