A crash is when your competitor's program dies. When your program dies, it is an 'idiosyncrasy'.
If you have more money than brains, you should focus on outbound marketing, If you have more brains than money, you should focus on inbound marketing.
Interpretation
What this quote means
The effectiveness of marketing techniques depends on the balance of financial resources and intellectual strategies.
This quote by Guy Kawasaki highlights the importance of aligning marketing strategies with available resources. It suggests that those with substantial financial resources should invest in outbound marketing to reach potential customers broadly, whereas those with fewer financial resources but greater intellectual capabilities should leverage inbound marketing, utilizing their insights to attract customers organically. This emphasizes the need for strategy in marketing approaches based on individual circumstances.
Themes
In practice
Example use cases
In a business seminar discussing marketing strategies where options are being evaluated.
More from Guy Kawasaki
All quotes →Here's what you should say [to an investor]: 'this is what my company does' It's that simple. What you're trying to do is get potential investors to fantasize about how your product or service will make a boatload of money. They can't fantasize if they don't know what you do.
Knowledge is great. Competence is great. But the combination of both encourages people to trust you and increases your powers of enchantment. And in this world, the combination is a breath of fresh air.
At the end of my life, is it better to say that I empowered people to make great stuff, or that I died with a net worth of $10 billion? Obviously I'm picking the former, although I would not mind both.
Enchantment is the purest form of sales. Enchantment is all about changing people's hearts, minds and actions because you provide them a vision or a way to do things better. The difference between enchantment and simple sales is that with enchantment you have the other person's best interests at heart, too.
• People deserve a break. The stressed and unorganized person who doesn’t have the same priorities as you may be dealing with an autistic child, abusive spouse, fading parents, or cancer. Don’t judge people until you’ve walked a mile in their shoes. Give them a break instead.
Similar quotes
If your stories are all about your products and services, that's not storytelling. It's a brochure. Give yourself permission to make the story bigger.
Between two products equal in price, function and quality, the better looking will outsell the other.
People can see themselves in a story much easier than they can see themselves in a hypothetical situation that a brand might present to them. So telling stories to build a relationship with your audience is usually far more effective than other methods of marketing or publicity.
Properly practiced creativity must result in greater sales more economically achieved. Properly practiced creativity can lift your claims out of the swamp of sameness and make them accepted, believed, persuasive, urgent.
Facts are irrelevant. What matters is what the consumer believes.
Advertising tends to be most effective in jogging finally into action those people who are well-enough disposed towards a product, but have not yet got around to buying it.