Once steady traffic sets in, despite your best efforts, your charts flatline.
No one wants to walk into a board meeting with a flatline graph.
On the other hand, repeatability in your business model can be highly empowering.
Once you have a stable benchmark of your current customer factory throughput, it gives you permission to aggressively experiment with bold new ideas to effect a spike in the flatline. If you do manage to create a spike, your next course of action is to run more of whatever you did to make the line stick at the higher level.
I call this the Groundhog Day Effect – from the movie: Groundhog Day. In the movie, the protagonist played by Bill Murray, is stuck in a loop where his life repeats itself every single day until he has a breakthrough insight that breaks the loop.
We, entrepreneurs, are similarly stuck in a loop of predictable customer behavior day in and day out. Our job is to uncover the right breakthrough insights to move the curve up and to the right.
Published on June 13, 2015 06:06