How to Build a Business That Runs Itself (The Ultimate Path to Personal Freedom) Many…
Customer-Led Growth: The Secret Sauce to Scaling Revenue
Customer-Led Growth: The Secret Sauce for Entrepreneurs Who Hate Chasing Sales
Many mid-market entrepreneurial businesses believe they *grow* their business through sales efforts and marketing spend. But the truth is, customers are the only true engine of growth. If you’re an entrepreneur who is tired of the grind of chasing every sale, the solution lies in embracing Customer-Led Growth.
At WS Business Advisory, we operate on the principle: What’s good for people is good for business. When customers realize a business is genuinely in their corner, they return the favour. The best, most sustainable advertising is positive word-of-mouth advertising. Delighted customers will do your advertising for you.
Your First Customer: The Team That Delights
As a leader, your focus on people must begin internally. Your very first customer is your team.
The very best gift you can gift your external customers is a passionate, delighted, and inspired team. They are the ones who will win the heart of the customer—the ideal and most profitable outcome for any business! This emphasis on culture as a competitive advantage is central to sustainable scale revenue.
The Critical Shift: From Product-Centric to Consumer-Centric Strategy
I’ve worked in and with so many businesses that are product-centric, instead of consumer-centric. This difference is fundamental:
- Product-Centric: This is an inward, self-serving focus. It prioritizes what the business *sells* rather than what the customer *needs*.
- Consumer-Centric: This is an outward focus—it’s about deeply understanding the problem of your customer and then setting out to deliver the solution: defect free, on time, and from some really nice people.
Remember, a brand is not what it tells the market it is; it’s what customers tell each other it is. These delighted customers naturally become your most effective, low-cost sales force.
Make the Customer the End, Not the Means
To achieve true Customer-Led Growth, you must stop treating customers as a means to an end; they are the end. As your business strategist, I challenge you to:
- Re-work your systems to specifically serve the customer’s journey.
- Re-align your culture to prioritize customer delight over internal comfort.
- Re-focus your strategy to serve the reason you have a business—your customers.
Do this, and watch the magic happen. When your customers become your heroes, they empower you to scale your revenue and gain the personal freedom you’ve been striving for.