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đź’ˇ The Lightbulb

đź’ˇ The critical ingredient for scarcity


So, you’ve backed into your magic number of feasible engagements.

The low number probably surprised you.

And now you’re re-orienting to recognize yourself as the scarce resource you are.

Now you can be selective about who gets past the velvet rope and ushered to one of your coveted slots.

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But wait, capacity is just one piece of the scarcity puzzle.

You can’t just slash your calendar and expect people to stand in line for you.

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Ask any restaurant on OpenTable—if they artificially halve their available tables, hungry diners may not wait until the next available day; they'll just find somewhere else to eat…

And the restaurant would simply be left with half a day’s revenue.

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To be truly scarce and enjoy the benefits of it, you have to pair limited capacity with…

Singularity.

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For a restaurant, singularity could come from:

  • A signature dish
  • A spectacular view or ambience
  • Perhaps even a renowned celebrity chef

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For a consultant, singularity is built from:

  • Highlighting the unique aspects of your experience
  • Demonstrating the relevance of your specific insights to their urgent context
  • Even better, structuring those insights into original frameworks and other intellectual property that establish you as a central piece of the solution

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In short, position yourself and your offer as truly un-substitutable.

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Or to use that wise woman’s words again, make it impossible for your prospect to say:

“Never mind, I’ll find, someone like you.”

đź’ˇ

-Wes

đź’ˇ The Lightbulb

A daily email about monetizing your corporate expertise. Give me ~1 minute a day, and I'll help you turn what you know into your most differentiated and lucrative asset.

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