Fitting It All Together

Fitting it all together. Making sure that the essential components of the draft Business Formula fit together in harmony.

Business Strategy

The elements of a complete business strategy, derived from the Business Formula.

The 3Ms of marketing

The 3Ms technique forces us to think through marketing communications in the right order: Market, then Message, and then Medium.

Different markets

There are probably several distinct markets or ‘audiences’ for your business and each needs to hear a different message, appropriate to their own needs.

Social Media: Which to Use?

The pros and cons of any medium can only be evaluated in the context of the business objectives, prioritisation of markets and key messages.

The Most Important Customers

Not all customers are equal. Some are far more important than others. Recognise this and allocate resources accordingly. List your special customers, and then treat them especially well.

The Minimum Viable Product (MVP)

At the heart of the methodology of Lean Diversification is the Minimum Viable Product, a cheap and fast method to test markets, learn and adapt.