Zooming in on...
What one thing should companies do today to see results in growth?
Look at somebody who’s where they want to be, but who is 1-2 years ahead. Not at Apple, not at Stripe, not at X unicorn. Learn from their actions, not from their advice. Alternative, more practical answer: do customer support for 1 day per week. That in itself will pay dividends.
What are you currently learning?
Always learning how to learn. Learning how to un-learn some other things.
But at this very very moment, I’m learning how to be a great host, which draws back to learning how to learn I guess. If I can be a great host in a conversation/podcast episode, I can also take that in every day-to-day conversation: whether it’s a user or an employee of mine.
What's your most underrated strategy or tactic?
What I call a jiu-jitsu (though I don’t do martial arts) — take the energy of a negative situation and turn it into a positive one.
Example: In my other business, people send us pictures of a luxury item and we tell them whether it’s fake or authentic. Sometimes those pictures aren’t great. In that case, we can either perform a half-done job with an incomplete set of pics (and risk our reputation, risk our customer’s trust and money, etc) or we can ask for more pics, but that adds time (customers get impatient). Even worse: if they don’t have the product yet and have to wait for the pics from a seller, the item might be sold to somebody else. Then we need to refund, because we haven’t performed any service.
The jiu-jitsu: we give a non-final verdict, but tell them that if they send pictures X, Y and Z, we’ll offer them the same service, again, at no extra cost.
Before, we had to choose between risking our customers’ trust, their money, or their impatience. Now, everybody’s happier: customers feel like they got a free re-examination, we look like the good guys, less risk overall.
We found a way to leverage the situation
What's your goal for the next year?
Doing all the tasks I have to do at this very moment. One at a time.
Learn the lessons that are set up for me by the situation.
Next steps:
CH Daniel is the founder of Simple.ink, PriceUnlock and Legit Check. He's also the moderator of r/saas. You can find him on Twitter.