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The Playbook With David Meltzer

How To Make Yourself Standout

The Playbook With David Meltzer

David Meltzer, Entrepreneur.com

Entrepreneurship, Business, Careers

4.61.9K Ratings

🗓️ 29 September 2019

⏱️ 11 minutes

🧾️ Download transcript

Summary

Knowing what makes you different gives you a competitive advantage that cannot be matched. Standing out is one of the toughest things to do in a crowded market. How do we go about it? Make yourself equal first, then make yourself different. [1:26] - Uber was an evolution, not a revolution [3:09] - How a furniture startup differentiated itself [6:42] - Pay attention to the "what" and "how" [8:17] - Faith is the ultimate currency Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

It wasn't revolutionary.

0:02.0

Uber's evolutionary.

0:04.0

He made himself equal in a capacity of getting a ride.

0:09.0

You still have to call up the ride.

0:11.0

You still have to meet somewhere. He made himself equal and then

0:14.9

This is entrepreneurs the playbook. One of the big things that I'm starting to see

0:19.1

a lot within the industries that people are doing what everybody else is doing. And so in your in your opinion how do you think a business can stay relevant and not a commodity within their own industry?

0:30.0

Yeah, I have a simple rule when it comes to that. I make myself equal. Then I make myself different.

0:38.0

So that delta, that margin is truly the value that I provide, but what we don't want to do is discount the fact of what everyone else is doing.

0:47.0

It's okay to do things better, but you have to focus and make yourself equal to and then make yourself

0:56.5

different. If you go ahead, I know Blue Ocean Thing, they're still doing

1:01.5

things equal to what the other person is and they change it.

1:04.2

So Uber would be a very dramatic thing that's happened, right?

1:08.2

A shared economy, changed the world.

1:10.4

Actually, Bradley Tusk was on my podcast last week who was the political

1:14.8

guy that they hired for stock so that they could change the laws about medallions

1:18.9

and taxi driving etc but think about this all they really did it wasn't

1:24.0

revolutionary Uber's evolutionary he made himself equal in a capacity of getting a

1:31.7

ride you still have to call up the ride. You still have to meet somewhere.

1:36.8

He made himself equal and then he made himself better.

1:41.2

That's how Uber was formed. So I think romanticizing the way that people frame and market certain industries and

1:48.5

certain solutions, they make it seem like, oh, this is just purely outside.

...

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