Influence: The only thing that matters
(Live from Prithvi cafe - Mumbai, written a few days back)
Concept
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- Every one has a circle of influence
- Every customers who loves your product/service will influence others around him in a positive manner
- Every customer who hates you will spread a negative influence
- Naturally some people will have larger circle of influence and some smaller
- Similarly some customers have a strong force of influence some not so strong
Exercise
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- P = sum of all the 'positive' circles
- N = sum of all the 'negative' circles
- Resulting circle, R = (P - N)
Questions
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- Is the resulting circle posetive?
- Is it large enough ?
- Is it growing?
End of the day
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- Highest priority for you should be to continously work on increasing these individual posetive circles (P) and eleminating / reducing negative circles (N)
- Size of the resulting circle (R) and its growth rate is the only thing that matters
So what does you equation look like...