I love the way John Cook describes how he maintains the GeekWire focus and brand among stifling competition. Basically, he says
“If you want to differentiate yourself you need to stay focused on your unique DNA – your roots if you will – and why you started in the first place rather than just copying whatever the other competitors are doing.”
That’s an awesome statement and one I try to live by as a founder as well.
I think there are a few fundamental methods of staying true to your roots.
1)Deeply Know Thyself
It’s important to know why you started your company or built your product in the first place. Was it something that occurred to you through a life experience? Or did you see numerous other startups doing the same thing and raising money from investors so you thought you might as well jump in and do it as well? Really evaluating and understanding the why of your pursuit will bring you closer to your roots, which will inevitably lead to differentiation from the rest of the pack.
2) Talk To Your Users and Customers
Rather than looking at the competition, you need to look at your users. Very early on you need to talk to your customers or users to determine why they are using the product and what value they are deriving from it. The insights from your users will open your eyes to aspects of your product you may have not seen before. This Customer-centric practice will keep you internally focused on your product/vision/future rather than what all the other competitors are doing in the space.
3) Be A Leader, Not A Follower
One of the best ways to stay true to your roots is to be a market leader, one who blazes the trail vs finding someone else’s trail. Leaders usually have unique insights on an existing model and are doing something new and different than the competition. They don’t care what others think or what the competition is doing. They are independent thinkers and use their own models as testing for what works and what doesn’t. In this manner, Leaders typically are the unique and original brands the other competitors are trying to copy – to little avail.
Listen to John touch on his perspective of staying true to GeekWire’s roots. Go to Founders RAW >>