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value skew

  1. Negative skew

    Negative skew

    How much sales are you losing? Negative skew and the poison M&M
    • MJ DeMarco
    • Media item
    • negative skew value skew
    • Comments: 0
    • Category: Wisdom
  2. T

    Shark Tank Affirmed Value Skew...

    ASSERTION 
    if this thread is under the wrong topic, please feel free to remove it or let me know! Before reading "The Millionaire Fastlane" I KNEW that a business was necessary. Like most people, I didn't know where to start. "everything is already being done!" I repeated to myself after crumbling up...
  3. MJ DeMarco

    How many poison M&Ms does your business have?

    EXECUTION NEWSLETTER 
    Many years ago, a woman emailed me and said she didn't buy my book despite it being recommended by a colleague. In her email, she said she visited my website and noticed a few spelling errors. To her, it was an egregious oversight and an immediate turn-off, which caused her to walk away. 
In...
  4. envykyro

    Help! Value Skew ideas and market my Kittens

    MARKETING 
    Yup thats right , i am marketing kittens now , its not scalable but its semi-fast lane. I just find it fascinating how sales skills can really help in ALL topics of human life , what other unique selling points can you suggest for my kittens ? as they do need a good warm cozy home soon.
  5. MJ DeMarco

    The Problem/Purpose Paradigm: Fire Unlimited Motivation and Laser Focus...

    MINDSET NEWSLETTER 
    The Problem/Purpose Paradigm How to Tap Into Unlimited Motivation and Give Yourself a Laser-Like Focus. Every. Single. Day. Imagine you're chained to a railroad track. 
In the distance, you hear the ominous clatter of an approaching train. Your heart pounds like a jackhammer, and every beat...
  6. MJ DeMarco

    Marketing as Your Only Value Skew (Somewhat Scammy)...

    MARKETING 
    Saw some company advertising this Neck Massager on Instagram. The prices are downright funny for the unsuspecting. The markup they want is insane. When I saw it, I knew someone was just adding MARKETING as a skew to an existing product. Sure enough... Found the same products on Temu... Step...
  7. EngineerThis

    Accelerate Your New Product Launch: Affordable Strategies, Unique Value Add-Ons, And Expert Engineering Service

    MARKETPLACE 
    Need to take your product from a napkin sketch to reality? Not sure how to make that happen? LOOK NO FURTHER!! As a Detroit native in the heart of manufacturing, EngineerThis.com will be your personal product design engineer and product marketing strategy consultant! Game-changing update! The...
  8. Ryan Harun

    I'm not afraid of my future

    INTRO 
    I see a lot of people preaching about "fix your mindset" or "believe in yourself" and i think MJ DeMarco really concern about this topic when I read the first few page of his book TMF and this is what creates passion to doing what you need to do not what you loved to do. You got to be bold to...
    • Ryan Harun
    • Thread
    • dreamer mindset abundance skills value skew wealth
    • Replies: 0
    • Forum: Introductions
  9. MJ DeMarco

    Why startups fail by Kunal Shah (limited value skew?)

    EXECUTION 
    Thought this was a good article and a bit relevant to us Fastlaners, even though many of us aren't trying to creative billion dollar disruptive companies. https://www.seedtoscale.com/content/kunal-shahs-delta-4-theory-of-successful-startups Basically it supposes that you need to have a...
  10. MJ DeMarco

    Value skew: What discernible difference ultimately turned you into a buyer or x-buyer?

    GOLD! HOT! MARKETING 
    I think it would be great to have a discussion on value skew as it works in the real world. Mainly, post your experience with a product or service you recently bought, and the core buying reason WHY you bought it. Or, post negative skew items, a core reason WHY you STOPPED buying from a...
  11. MJ DeMarco

    When I grow up, I want to sell deodorant, razors, and heating pads.

    GOLD! IDEA 
    Native Deodorant sold to P&G for $100M in cash. Dollar Shave Club sold to Unilever for $1 Billion dollars. This company which sells heating pads has over 100,000 reviews. Assuming a 1% review rate, that's 10,000,000 units. https://www.amazon.com/dp/B07G2M1LBW/?tag=tff-amazonparser-20 At $3...
  12. D

    Introduction and value array + WADM

    INTRO 
    Hi Everyone and @MJ DeMarco , Just decided to put a stake in the ground here as far as this forum goes. It really does seem to be a goldmine, and fortunately, the gold isn't that hard to find. ;) I'm not going to gush on and on about how great TMF was (it was great) or how it changed my life...
  13. Process

    What’s The Most Decadent Service You’ve Ever Seen?

    I met a guy that is paid $50,000+ a head to train $150,000+ a yr personal chefs. The amazing part is he only specializes in luxury desserts. This just shows there is sea of money out there. What services have you seen?
  14. Taktik

    Value Skews – How many are enough?

    Hello, I am thinking of selling a product in an existing market with some value skews. The question is, how many value skews are enough? Let's say, that I am going to sell something, that another company is successfully selling. The only difference would be, that my company would have a much...
  15. Taktik

    Make money with private label - how to provide value?

    Hello, in order to start my business, I need to raise some money first. Because of that, I thought of selling some private label products. The questions, that I am struggling with at the moment, are: 1. Is private / white labeling a good idea to make some money? 2. How can I provide extra...
  16. PizzaOnTheRoof

    Looking for problems? Start with support forums.

    Hey everyone hope all is well and huge thanks to @MJ DeMarco for changing my life! Anyway... Just a quick idea I wanted to share. It's quite clear that everyone is looking for "business ideas" when they should be looking for problems. Go to any entrepreneur forum like Reddit's r/entrepreneur...
  17. P

    An artist's guide to creating a productocracy

    MINDSET 
    I came across this old but gold post (from 2008) from Kevin Keller - 1000 true fans It has been completely rewritten recently (2016/ 2017), but the original is still up there on the same page. The more and more I read it, the more and more I thought: This is basically what @MJ DeMarco would...
  18. MJ DeMarco

    How entrepreneurs can learn how to print money...

    GOLD! 
    New on my YouTube channel... The keys to "printing money" and my "unofficial" test of heavy advertisers!
    • MJ DeMarco
    • Thread
    • print money printing money product productocracy value array value arrays value attributes value creation value skew
    • Replies: 11
    • Forum: Mindset and Self-Development
  19. Blaise84

    What Does "Value Skew" Mean?

    As you understand it, what does the term "value skew" mean when applied to business and product/service production? As I search Google, what I'm finding are concepts related to data analytics. Based on this, I'm assuming the term refers to something in the lines of taking an existing system or...

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