Monday, October 21, 2019

Share of Wallet


Monetising everything forces us to look through the lens of problem-solving. Money making requires you to frame a describable action as a problem in a container. Here is where you are. There is where you want to be. Here is not good enough. I can get you there. Even then, there is an additional hoop. Solving someone’s problem too well is not a great business. The hardest part of any business model is hunting for clients. The holy grail is an ongoing “share of wallet”. Money making is about sustainably being a valued part of the client’s problem solving. Not about making sure they are satisfied. Unless you solve *your* money problem. If you no longer have to think about funding your expenses, then you can start looking at a whole new set of activities. Then you can put the wallet aside and look at the person. You can even start looking at people without wallets.




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