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šŸ’” 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.

clothes lot on shelf

šŸ’” Have you checked your closet?

Have you ever found an old shirt or hoodie in your closet that you forgot you had? You come across it in some sort of rush, and say ā€˜thatā€™ll work.ā€™ then find yourself wearing it over and over again? (If youā€™ve had a call with me recently, yes, Iā€™m talking about the grey zip-up fleece vest.) Sometimes we forget we have gold hiding in plain sight. Back in January, I was taking an intentional look at my own positioning and service portfolio -- itā€™s a constant game of tweak and triangulation. Iā€™d...
red and white floater

šŸ’” The 'savior client'

Iā€™ve now taken 8 solo consultants through The NicheFinder Sprint, and Iā€™m seeing some common, but expected patterns in the mindset coming into the process: Most come to the niching table not because theyā€™re all that excited to specialize, but because they hear they ā€˜shouldā€™ Closing the door on real (or hypothetical) short-term revenue is a tough pill Even in a dearth of active demand, thereā€™s still hesitancy to pick a lane, perhaps even more so At the root of the aversion to niching are fears...

šŸ’” The Lightbulb turns one!

We made it! Yes, ā€˜we!ā€™ In April 2024, I joined Jonathan Starkā€™s E365 workshop to try my hand at the insane task of starting up a daily list. Jonathan has said plainly and often that writing a daily email is the best thing heā€™s done for his business. Thinking that meant drumming up demand and revenue, I jumped right in. A year later, turns out it was so much moreā€¦ When I first started this list, my ambitious thought was Iā€™d aggressively build an audience of thousands, and it would be my ticket...

šŸ’” Rethinking your runway

Soā€¦that was scary, right? The massive yo-yo of the markets? I mean, itā€™s not over yet, but for a while, it felt like a true free-fall, and for much longer than I was comfortable with. Just a few weeks ago, I wrote about focusing on what wasnā€™t changing amid all the turmoil. But still, this past week it sorta felt like everything was about to change. And thatā€™s when that pesky self-doubt found me, asking: ā€œCould this plunge actually take me out?ā€ Rewind ā€” When I first went out on my own back...

šŸ’” Minding 'the pain curve'

Weā€™ve been talking about a dichotomy between ā€œpre-painā€ vs. ā€œin-painā€ clients, but pain isn't binary - it's a spectrum. As you become known for your niche, youā€™ll have inbounds coming from all over that spectrum. Your job? Understand where your buyer is along the pain curve, and adjust your message accordingly. Starting at the bottom-left: šŸ˜Ž Blissfully unaware - this truly is the hardest one to crack. Youā€™ll have to beg them to listen, and then push them up a hill. Honestly, why would you...

šŸ’” The 'pre-pain' play + client examples

Yesterdayā€™s Lightbulb on helping the ā€˜pre-painā€™ client wasnā€™t just a byproduct of a minor medical procedure. Itā€™s been a very real and consistent theme with my clients recently: A startup advisor hoping to help his CEO clients steer clear of disastrous executive hires A fractional data leader warning her clients to pay attention to early cracks in their reporting An event monetization strategist seeking to prevent live event organizers from flubbing their big ephemeral moment In each of these...

šŸ’” Helping before the pain

If youā€™ve ever sat down for a free consult with me, thereā€™s a 80+% chance I asked you: ā€œWhereā€™s the urgent pain point that matches your expertise?ā€ I probably even followed that up with: ā€œPeople donā€™t go out of their way to seek out external help if theyā€™re not bleeding in some way.ā€ A little hyperbolic, though not far off the mark. But thereā€™s actually another angleā€¦ Earlier today, I had an abnormal mole removed from my upper torso. Itā€™s one Iā€™d had my eye on for a while. No pain, but...

šŸ’” Husband day care

Image via Google Street View I was headed out on a hike on Saturday and passed this Thai restaurant on the way. If youā€™ve spent any time in Seattle, youā€™ve probably noticed Thai restaurants are everywhere, so typically I wouldnā€™t have really batted an eye. But then I saw their sign. ā€œHusband Day Care?ā€ If you cant read it, it says: Need time to relax? Need time for yourself? Need to go shopping? Leave your husband with us. Weā€™ll look after him. Youā€™ll just pay for his drinks. To be clear, I...

šŸ’” Q&A: Fractional exec engagements

As promised, hereā€™s a bit of the fresh Q&A from my talk at Chief yesterday on the fractional executive consulting model: ā€œHow do you price fractional work aside from just converting an annual salary into an hourly rate? When do you use a retainer?ā€ The most advantageous pricing approach for a fractional executive (and for the client as well) is a monthly retainer. This gets you out of the chore of time tracking, the pain of haggling over an hourly rate, and the perverse incentive of lower...
short-coated brown dog

šŸ’” Questions = feedback

During my time at Expedia, I built and taught an in-person course for fellow product managers about internationalization. Not globalization. Not localization. Not market expansion. A very technical engineering discipline called internationalization (i18n for short) that, in short, makes it easy for the same code to be localized into country- and language-specific formats. Sound boring? Depends on who you ask. The fun part, though, was traveling around with my manager Mark to different offices...

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.