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Working Sessions - Catching up and Finding a Competitive Edge

Catching up and Finding a Competitive Edge

08/15/23 • 44 min

Working Sessions

In this episode, we provide updates on our respective businesses, helpful lessons and scenarios to aid entrepreneurs in moving forward while standing strong amidst commoditized services. This highlights discussions of lessons about becoming competitively different which would prove useful to business that offers the same service and finding a competitive edge.

As always, we also provide updates on Castaway and EditorNinja, which include...

  • Overcoming slow pipeline and churn rates
  • Castaway recovery
  • Consider offering video editing with Castaway
  • Productize updates

Sound interesting? You should give it a listen. We think you'll really enjoy it.

Want to support the show? [FREE]

  1. Subscribe to future episodes in your favorite podcast app
  2. Ask a question or leave us feedback on this episode
  3. Leave an honest review on your favorite podcast platform
  4. Share the show with a friend who might also enjoy it
  5. Reach out to us on Twitter and give us your unfiltered feedback

Want more regular updates? Here are other ways to follow along:

Thanks & Recognition

This episode was edited by PodcastBuffs.

Time Stamps and Key Ideas

00:04:59 Do what kind of works for you.
Highlights individual pursuits where focus is on things that works for oneself like how to do things at your own pace.
00:09:34 Updates on EditorNinja
Pipeline kind of slowed down and they had a little bit of churn however, EditorNinja is still slowly getting into it, constantly, steadily and healthily growing. Things came slower as they doubled prices around January or February, although sales process are tightened up, people are still closing deals. Services are priced competitively, providing quality services relieving people from the burden of doing things their own or hiring a full-time editor themselves.

00:13:50 Just Be Hard to Kill
Contains a talk highlighting what Sam Altman said about a superpower of startups which is "just be hard to kill". Meaning, whatever the changing market throws unto you, one must be ready to change and look for opportunities to strive amidst the
unforgiving sea of challenges and try to rides its waves. If one can, try to outlast everybody else until you're the only one standing by then getting hundred percent of the market's attention.

00:14:45 Catching Up
Discusses a lesson that one should be greedy while others are scared and be scared when others are greedy. This tackles being competitive while also analyzing how to ride the market trends, not only just going to where everyone else is going but also striving to stand out instead of being drawn towards commoditization.

00:25:56 Updates on Castaway and Productize
Still at a mild-mannered situation as James is still exploring on his preferred tool set, still recovering slowly and getting some clients back. Mainly focusing on produtize at this moment, updating the course and exploring community angle, slowly building a business ecosystem. James is thinking of acquiring a small business and layering it into Castaway like an editing so it could handle a full spectrum of podcast production and promotion.

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In this episode, we provide updates on our respective businesses, helpful lessons and scenarios to aid entrepreneurs in moving forward while standing strong amidst commoditized services. This highlights discussions of lessons about becoming competitively different which would prove useful to business that offers the same service and finding a competitive edge.

As always, we also provide updates on Castaway and EditorNinja, which include...

  • Overcoming slow pipeline and churn rates
  • Castaway recovery
  • Consider offering video editing with Castaway
  • Productize updates

Sound interesting? You should give it a listen. We think you'll really enjoy it.

Want to support the show? [FREE]

  1. Subscribe to future episodes in your favorite podcast app
  2. Ask a question or leave us feedback on this episode
  3. Leave an honest review on your favorite podcast platform
  4. Share the show with a friend who might also enjoy it
  5. Reach out to us on Twitter and give us your unfiltered feedback

Want more regular updates? Here are other ways to follow along:

Thanks & Recognition

This episode was edited by PodcastBuffs.

Time Stamps and Key Ideas

00:04:59 Do what kind of works for you.
Highlights individual pursuits where focus is on things that works for oneself like how to do things at your own pace.
00:09:34 Updates on EditorNinja
Pipeline kind of slowed down and they had a little bit of churn however, EditorNinja is still slowly getting into it, constantly, steadily and healthily growing. Things came slower as they doubled prices around January or February, although sales process are tightened up, people are still closing deals. Services are priced competitively, providing quality services relieving people from the burden of doing things their own or hiring a full-time editor themselves.

00:13:50 Just Be Hard to Kill
Contains a talk highlighting what Sam Altman said about a superpower of startups which is "just be hard to kill". Meaning, whatever the changing market throws unto you, one must be ready to change and look for opportunities to strive amidst the
unforgiving sea of challenges and try to rides its waves. If one can, try to outlast everybody else until you're the only one standing by then getting hundred percent of the market's attention.

00:14:45 Catching Up
Discusses a lesson that one should be greedy while others are scared and be scared when others are greedy. This tackles being competitive while also analyzing how to ride the market trends, not only just going to where everyone else is going but also striving to stand out instead of being drawn towards commoditization.

00:25:56 Updates on Castaway and Productize
Still at a mild-mannered situation as James is still exploring on his preferred tool set, still recovering slowly and getting some clients back. Mainly focusing on produtize at this moment, updating the course and exploring community angle, slowly building a business ecosystem. James is thinking of acquiring a small business and layering it into Castaway like an editing so it could handle a full spectrum of podcast production and promotion.

Previous Episode

undefined - Sometimes, It Requires More Than You Think

Sometimes, It Requires More Than You Think

In this episode, we provide updates on our respective businesses and share some insights about the idea of doing more in the aspects of business and work. This highlights the idea that in order to get uncommon results, live an uncommon life which is an essential reference for a business which is striving to do a lot better in the future, always aiming to surpass expectations while also putting emphasis on work and life balance.

As always, we also provide updates on Castaway and EditorNinja, which include...

  • Updates on EditorNinja
  • Castaway updates
  • Emphasizing work and life balance

Sound interesting? You should give it a listen. We think you'll really enjoy it.

Want to support the show? [FREE]

  1. Subscribe to future episodes in your favorite podcast app
  2. Ask a question or leave us feedback on this episode
  3. Leave an honest review on your favorite podcast platform
  4. Share the show with a friend who might also enjoy it
  5. Reach out to us on Twitter and give us your unfiltered feedback

Want more regular updates? Here are other ways to follow along:

Thanks & Recognition

This episode was edited by PodcastBuffs.

TIME STAMPS AND KEY IDEAS

(00:00:31) The idea of doing more, sometimes it requires more than you think.
Discussions involve the idea that whatever you are doing or what your goal might be setting, one should multiply it by 10x because ultimately, you'll end up ahead, always striving to surpass expectations.

(00:01:07) Uncommon results : uncommon efforts
Sharing lessons from Hormo Z's book where he likes doing more volume to learn faster, work a lot faster which will eventually result to succeding a lot faster. Most of the time, people expect that they will get uncommon result even just doing the same normal things. However, it was emphasized that if anyone wants to get uncommon results, exert an uncommon level of effort and live an uncommon life.

(00:02:50) Best practice is the baseline
Reviewed over the base line of the things that should be done and nothing more assuring than make the best practice a standard. Key to that is always striving to take action instead of just staying stagnant, doing more effort, practicing more to be able to the get work done even faster. Moreover, one must hold oneself to imposed standrads, and act accordingly as everyone are commiting and dedicating their entire life basically to the single pursuit of whatever they are trying to do.

(00:13:21) Allocate experience points like a game
Compared skills updates on games with how work should be done. Increasing attributes is like allocating more experience, more hours and more focus on things which are important in a business. This is where productize and scale comes in because this will help in the idea of how to put people and processes in place. With productize, things can be brought up and turn into process rather than just randomly doing things.

(00:28:06) Focus on what is important
Knowing what's the focus is an advantage and a strength as it would enable the business to pave a way for the things of great significance and make sure it is done and executed well. It is also what being productive is like, alloting much time to things which are in the higher heirarchy and allocating proportionate amount of time to each, for example, tasks giving it more time, based on importance.

TAKEAWAY LESSON
Doing more with what you are doing is a good practice but upon working it is a must to consider a personal space as well. Strictly getting control and putting over boundaries between work and personal space is essential as to not exhaust the body and mental health. One must not bend ones life just so you can fit your employer's preferences, and remember to take into account a work and life balance.

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