E71 | Bigger isn't Better - Better Offering 5/7
Description
Offerings tend to drift toward mediocrity over time: adding products, chasing growth, and copying corporations dilute a company’s soul and distinctiveness. In this fifth ‘Bigger isn’t Better’ episode, we encourage owner-led businesses to resist the temptation of scale-for-scale’s-sake and instead focus on what they can truly be the best at.
My fellow coaches Andres Zylberberg, Richard Peake and I explore the dangers of incremental mediocrity and the strategic importance of creating unique, evolving, hard-to-copy offerings. By aligning better offerings with better customers, businesses can build enduring value, restore leadership energy, and fall back in love with their company.
Takeaways
- Offerings drift toward mediocrity when businesses chase scale instead of mastery.
- Distinctiveness and evolution are key to creating a hard-to-copy, high-value offering.
- Copying corporate strategies leads owner-led businesses into complexity and diluted focus.
- Good enough is not good enough for meaningful, lasting customer relationships.
- Owner-led companies must invest only in what they can be the best at.
- Mediocre offerings drain leadership energy and erode passion for the business.
- Better offerings come from rejecting growth-for-growth’s sake and embracing purposeful simplicity.
- Compounding differentiation creates momentum, loyalty, and long-term strategic advantage in competitive markets.
Details of my new book:
Bigger isn’t Better, Better is Better: Avoiding the pressure of endless growth to build a better business (and better life) https://evolutionpartners.com.au/bigger-isnt-better/
Watch the episode on YouTube: https://www.youtube.com/@TheEvolutionPartners
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Books – Learn more about our books https://evolutionpartners.com.au/books/
Made to Thrive: The practical, prescriptive guide on how to be a great CEO
Onboarded: How to bring new hires to the points where they are more effective faster. A business case for leaders on why you should commit to an effective onboarded process.
Onboarded for Managers: Helping managers bring new hires to the point where they are more effective faster.
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