by.idun.sophia

by.idun.sophia

EP180 How to conduct market research

Conducting market research is essential for small business owners and side hustlers. It helps you understand your customers, identify competitors, and validate your product or service idea. With limited time and resources, efficient and focused research is key. Here’s how…

EP1 The Missing Threads

To start your project management career, click here. Luke hated Mondays. But he hated Monday mornings with a red blinking light on the group inbox even more. It usually meant bad news. He clicked through the emails, scanning for updates…

EP179 Copying competitors without strategy

Copying competitors without a clear strategy can lead to several negative outcomes for a business. Here are the potential consequences: 1. Lack of Differentiation When you copy competitors without adding unique value or perspective, your brand may become indistinguishable from…

EP178 Your unique value proposition

A Unique Value Proposition (UVP) is a statement that communicates the unique benefits your product or service offers to customers. It’s what sets you apart from competitors and defines why customers should choose you over others. A strong UVP is…

EP177 Know your target market

Understanding your target market is a foundational step in building a successful business. Your target market is the specific group of people most likely to buy your product or service. Knowing who they are helps you tailor your marketing, messaging,…

EP176 Chasing too many opportunities at once

Many small business owners struggle with chasing too many opportunities at once, fearing they’ll miss out on a game-changing deal or idea. However, spreading yourself too thin often leads to burnout, lack of focus, and underwhelming results. To build a…

EP175 Creating measurable goals

Setting measurable goals is crucial for business growth. Without them, you won’t know if you’re progressing or falling behind. Measurable goals provide clarity, motivation, and accountability, ensuring that your efforts lead to tangible results. Why Measurable Goals Matter Steps to…

EP174 How to Develop a Clear Business Vision

For new and small business owners, developing a clear business vision is like setting the GPS for your journey. Without it, you risk drifting, losing motivation, or making decisions that pull you in too many directions. A vision provides clarity,…