Would it be fair to say…..

General Motors Corporation
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I told you so…..

In one of my earlier posts on this blog I wrote about how to rebuild GM.

My ideas centered around shrinking GM to just three core brands.

Basically it was simply going back to how the original creator of GM, William (Bill) Durant started the company.

For some reason beyond my belief though, GM still wants to hold on to GMC.

This could work if they make only a specific heavy duty truck.

However, if GMC makes any kind of product that is similar to their other products, more specifically Cheverolet – then they will strip sales away from the other brands.

In truth, now is not the time for the General to get sentimental with it’s brands.

By it’s own mis-handling of their company, they are now forced to take a hard stance in order to get back to profitability.

And if I were talking to the heads of GM, I’d simply tell them to pay attention to your customers.

There were plenty of indicators that consumers were falling out of love with the products that GM was producing long before they made it to the situation that they are in now.

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Learn the often missed warning signs that can lead to success

Success album cover
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An often missed warning sign that most people overlook when it comes to creating their own success is to simply find a product or service in a particular market that is creating a “disruption,” and either work with that company or sell their products or services.

By a disruption I mean that the normal way of doing things can be done in a much simpler way that is totally different then what people are used to.

For example.

How could apple come in so easily and take market share in the phone industry from well established phone makers like nokia and motorola?

Apple did it by creating a disruption.

They changed the way you used, and thought about your cell phone.

Touch screens, simple interfaces. These things allowed you to do the same things as handheld and flip phones, make calls, access stored information on the phone – but just more efficiently.

In fact, if you want to learn more about how to successfully create disruptions in markets, than apple is a good company to follow and study.

They also created a disruption in the music handset market with the ipod.

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The answer to your previous question

In my previous post I wrote about a simple strategy for improving your life and your business.

The answer was reading.

However, I didn’t say what kind of reading.

Here’s your answer.

Business how to’s.

How to start and run a business.
How to market a business.
How to get and keep customers.

Reading books about business how to’s will serve you well when economic times are good and even when times are bad.

The simple strategy that will forever change your life

If you want to greatly improve the success of your business and your life then here is what you need to do.

Read.

There’s nothing magical.

And you’ve heard this before I’m sure.

As little as 10 pages a day.

This will work wonders for your personal life and your business.