The False Promise of Quick Fixes: Why Random Ideas are Not the Answer
Bill Prater
7 to 9 figure Business Owners… Maximize your revenue, cash flow, and business value as you reduce your time commitment by half.
As a business owner, you may be all too familiar with the lure of the "shiny penny" or the "next hot idea." These are also known as "Marketing Bandwagons," "Gimmick Traps," "Shortcut Schemes," "Shallow Trends," or "Hype Hurdles." These unsolicited marketing ideas promise to be the key to your success but often turn out to be nothing more than a fad.
Here are some reasons why you should resist the lure of these fads and focus on strategy instead:
"Marketing Bandwagons" distract you from your core business.?When you chase after every new trend or fad without understanding how they fit into your overall strategy, you risk taking your focus away from your core business. Instead of trying to be everything to everyone, it's important to focus on what you do best and make that the core of your business.
"Gimmick Traps" can be expensive.?Chasing after every new fad can be costly. You may be tempted to invest a lot of money in the latest marketing trend, only to find that it doesn't actually work for your business. This can be a huge waste of resources, and can even put your business in financial jeopardy.
"Shortcut Schemes" are often short-lived.?Most fads have a short shelf life. What may be popular today may be completely forgotten tomorrow. If you base your business strategy on these short-lived trends, you may find yourself constantly having to reinvent your business in order to keep up.
"Shallow Trends" are not a substitute for strategy.?At the end of the day, chasing after fads is not a substitute for a solid business strategy. Your business needs a clear direction and a plan for how to get there. While it's important to stay on top of the latest trends and technologies, it's even more important to have a strong foundation that can weather the ups and downs of the market.
"Hype Hurdles" often fall short of expectations.?These marketing tactics are hyped up as the next big thing but often fall short of expectations. It's important to evaluate them carefully before investing time and resources.
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So, how can you resist the lure of these fads and focus on strategy instead? Here are some tips:
In conclusion, while it can be tempting to chase after every new marketing idea that comes your way, it's important to stay focused on strategy and avoid the lure of these fads. By developing a clear business plan and staying focused on your core business, you can build a successful and sustainable business that can weather the ups and downs of the market.
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Done-for-you Operations: Driving growth for Leadership Coaches, Executive Coaches, and Corporate Consultants to achieve 54% and 33% revenue increase in 12 months. Curious how? > Online Business Manager > Fractional COO
1 年Interesting topic, Bill Prater. Quick remedies do not work well in business.
I help entrepreneurs scale, systematize, and exit. More profit, growth, income, time and freedom. EXIT WEALTHY with our Engineered Growth Systems and Engineered Marketing | CGO | Dad | Canadian in California eh!
1 年Amen to that Bill!! Most people look for the quick fix to success, but when it knocks on your door dressed up in overalls and hard work, they don't like it.
President at Matter Consulting / Expert Advisor for building integrated brands and cultures; Author, and Speaker
1 年We live in a society "addicted" to quick fixes and silver bullet remedies. Well done, Bill!