Steroids and Baseball

I know this is way off my expertise, but I had a wild idea I thought I would share regarding the current steroid investigation of baseball.  First this is a reflection of societal issues… no secret to anyone.  It is probably prevalent in most professional sports.  I believe the reason comes down to money.  The better an athlete performs the more they make.

So, here is my solution.  Pay all players in a league the same salary… let’s say $250,000 per year.  Whether you are a bench warmer or the star of the team, everyone gets the same pay.  Poof, gone is the need to use steroids to be better to make more money!

Just a crazy thought.

Rich

Bizvice:  Business Strategy, Marketing & Entrepreneurship

Deliver or Else!

Seems obvious.  But how many companies do not deliver a product which truly meets or exceeds customer expectations?  Can you imagine what would happen to a Company which exceeded customer expectations on every dimension?  Talk about people lining up at the door to buy!

So, how can you ensure that you  will exceed customer expectations?  First, do not over promise or promise things you cannot deliver.  Make sure what you “advertise” is what you deliver.  Second, provide something unexpected with your product.  Something that has an added benefit that your customers do not expect.  Finally, follow-up to be sure your customers are more then satisfied with your product  (obviously this is only feasible with higher priced items).

So, the message is simple… Deliver or else!  To sustain and grow your business, provide your customers with more then they expect!

Rich

Bizvice:  Business Strategy, Marketing & Entrepreneurship