The Preeminent
Penetrating + Predicting a Market = ( MONEY ) VALUE
Todays episode i try to discuss the consistent patterns i keep observing among successful people in investing and marketing. There are discernible patterns in the lives of both successful individuals and those deemed failures. While success often aligns with value creation, failures tend to follow certain detrimental patterns.
Defining Success and Failure: Success often stems from providing significant value to the market, which translates into financial gain. Conversely, failure, from my perspective, involves being enslaved by vices and desires. This distinction underscores the importance of value creation as a metric for success.
Introducing Novel Mechanisms: The key to success in any saturated market is to introduce a novel mechanism for achieving results. For instance, instead of using cold emails for Shopify stores, you can use them to connect private equity companies with potential sellers. This approach is new and effective, drawing attention and interest because it offers a fresh solution to an established problem.
Targeting Wealthy Markets: To maximize value, introduce your new mechanism to markets with financial capacity. Serving high-end clients ensures that the value you provide translates into significant financial returns. For example, connecting students with counselors via cold email won't yield high returns due to their limited financial capacity.
Real-World Application: I use cold emails to reach companies in the health tech space, generating substantial opportunities with minimal effort. Sending just 200 emails per day resulted in eight opportunities, potentially worth millions on the backend. The success lies in introducing cold emailing to a market unfamiliar with this method, providing them a new way to achieve their goals.
Practical Examples: I offer health tech companies a service to get their systems into more hospitals and clinics. This service is highly valuable to them, as each new client could be worth hundreds of thousands of dollars. Even with modest success, the financial returns are significant, showcasing the power of introducing new mechanisms to high-value markets.
Conclusion: The patterns of success involve providing novel solutions to markets with the capacity to pay for them. By focusing on high-value clients and introducing innovative methods, you can achieve substantial financial success. This approach is not about reinventing the wheel but about applying existing methods in new and lucrative ways.
Follow Me Here : https://www.linkedin.com/in/robin-banks-a0b73a17b/
Youtube : https://www.youtube.com/@Mr.Preeminent
Todays episode i try to discuss the consistent patterns i keep observing among successful people in investing and marketing. There are discernible patterns in the lives of both successful individuals and those deemed failures. While success often aligns with value creation, failures tend to follow certain detrimental patterns.
Defining Success and Failure: Success often stems from providing significant value to the market, which translates into financial gain. Conversely, failure, from my perspective, involves being enslaved by vices and desires. This distinction underscores the importance of value creation as a metric for success.
Introducing Novel Mechanisms: The key to success in any saturated market is to introduce a novel mechanism for achieving results. For instance, instead of using cold emails for Shopify stores, you can use them to connect private equity companies with potential sellers. This approach is new and effective, drawing attention and interest because it offers a fresh solution to an established problem.
Targeting Wealthy Markets: To maximize value, introduce your new mechanism to markets with financial capacity. Serving high-end clients ensures that the value you provide translates into significant financial returns. For example, connecting students with counselors via cold email won't yield high returns due to their limited financial capacity.
Real-World Application: I use cold emails to reach companies in the health tech space, generating substantial opportunities with minimal effort. Sending just 200 emails per day resulted in eight opportunities, potentially worth millions on the backend. The success lies in introducing cold emailing to a market unfamiliar with this method, providing them a new way to achieve their goals.
Practical Examples: I offer health tech companies a service to get their systems into more hospitals and clinics. This service is highly valuable to them, as each new client could be worth hundreds of thousands of dollars. Even with modest success, the financial returns are significant, showcasing the power of introducing new mechanisms to high-value markets.
Conclusion: The patterns of success involve providing novel solutions to markets with the capacity to pay for them. By focusing on high-value clients and introducing innovative methods, you can achieve substantial financial success. This approach is not about reinventing the wheel but about applying existing methods in new and lucrative ways.
Follow Me Here : https://www.linkedin.com/in/robin-banks-a0b73a17b/
Youtube : https://www.youtube.com/@Mr.Preeminent