by Dr Greg Chapman
It doesn’t matter how clever the design of the machine is, external factors will cause the machine to slow down until it stops. However, once you start the machine, overcoming inertia, only a small amount of energy may keep it running.
The 2nd Law of Thermodynamics also applies to Marketing. You might have a strong flow of customers from referrals, but over time there are external influences such as the changes in the, competition, innovation, customer needs, the economy or other reasons, that create a source of friction that can cause that steady flow to dwindle to a trickle. More...
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Dr Greg Chapman is the Director of Empower Business Solutions and is Australia's Leading Advisor on Emerging Businesses and provides Coaching and Consulting advice to Australian Small Business Owners in Marketing & Business Strategies Planning & Systems. He is also the author of The Five Pillars of Guaranteed Business Success and Price: How You Can Charge More Without Losing Sales.
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