During my MBA studies at the University of Chicago, I learned about “sawing the floor,” a concept where you outmaneuver a larger competitor by exploiting a neglected niche. This strategy helped me launch million-dollar institutional trading desks in London and Dubai. It’s simple in concept but requires clarity and dedicated focus to execute. This approach can transform any small business once you understand your target market’s core desires and effectively communicate your solution.

A disastrous date taught me a vital business lesson: be true to yourself. In business, trying to please everyone leads to mediocrity. Instead, focus on attracting the right audience and repelling those who aren’t a fit. When you’re clear on your purpose and ideal clients, it’s easier to be heard by the right people and achieve powerful results.

A recent conversation with a yoga influencer highlighted a powerful business truth. Most entrepreneurs would envy her loyal following and unique brand. She’s 80% there – the last 20% is legal structure, marketing, and other logistics. Too many entrepreneurs do it backward, creating a solution before finding an audience. Success comes from understanding your audience first and building around their desires..