Goodbye Mediocre, Hello Remarkable
Goodbye 2008, hello 2009.
Made many resolutions for your business this New Year? Perhaps you’re reflecting on 2008, and wondering what opportunities 2009 will bring. Perhaps you’re taking a look around the current market and worrying how the credit crunch may eat into your business revenues this coming year. Perhaps you’re starting to wonder how you are going to distinguish yourself from your competition.
Whatever resolutions are set, most business owners are probably worrying about how they avoid the fate of Woolworths, and other UK retailers. My tip for 2009 is simple: avoid mediocre as if your business depends on it (it does).
In my view, the problem with Woolies was that no-one ever left their house thinking ‘I must pop into Woolworths for ______‘ - they lost their way and potential customers couldn’t see any value for themselves - in other words, it turned into a mediocre business.
I’m not normally one for predictions (setting myself for a fall ain’t normally my bag), but I do firmly believe that 2009 will see an increase in mediocre businesses struggling. Not solely due to a looming global recession, but also because customers are going to be much better at sniffing out remarkable businesses that they’d rather do business with. They don’t have to settle.
In the dark days before the Internet (I think everything was in black-and-white, and I’m not sure there was any electricity!), Customers had no option but to shop on their local high street. Businesses like Woolworths were positioned for this and they won. Now people don’t have to brave all weathers and venture outside to interact with a business - the Internet means you don’t get to win by simply taking part.
Do yourself a favour at the start of 2009: aim for remarkable. A great place to start would be with Guy Kawasaki and his fantastic Art of the Start speech - 40 minutes well spent if you intend to make 2009 a remarkable year:
For Graham and I, we’re hearing from a lot more people eager to talk about how they can start leveraging the Internet to overhaul a mediocre business - a realisation that has no doubt been aided in this economic climate. We’re really excited and looking forward to helping all our clients achieve that in 2009.
However you decide to beat mediocrity in ‘09, we wish you and your business every success.

