Duration: 21m 45s
This Week's Topics
Side projects, Product and Brand names, Investing in your company, Upgrading skills and equipment
Looking at side projects
Making it once, and selling many times
Passive income for service focussed businesses
New projects may require customer support, which is on-going
Research is important to make sure there is a need for your product
Product / Brand name - make sure it fits your style and mission statement
Should you go for a very specific name like ToysRUs or a generic name like Apple
First impressions count
What do existing brands bring to mind like Nike, Amazon and Apple
Make sure that the name looks right when viewed
Graphics on the side of a Starbucks van gave a very bad impression
Make sure the name doesn't mean something very different in other languages
Investing in your company
Talent and skills as well as assets
One way to justify increasing your prices
Road map for social media for when performances can start up again
Investing on upgrading equipment to give a better service
Learn how to use the new equipment to get the best out of them
Buy quality equipment to allow you to resell on if you need to
Higher quality keep their resell value
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Drayson Design Website - https://www.draysondesign.com
The Creative Tinker Website - https://www.thecreativetinker.com
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taylordrayson.com
This Week With: Season 2… - 12 Mar 2021
Side projects, Product and Brand names, Investing in your company, Upgrading skills and equipment
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