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    Be a Niche Leader

    Mary Sullivan
    Finance

    My Sunday post was about making your business a niche business. When I wrote that, I hadn't yet read Seth Godin's post titled, "Leadership is now the strongest marketing strategy".  He makes a similar point but takes it to another level, saying:

    What works is leading. Leading a (relatively) small group of people.

    Taking them somewhere they'd like to go. Connecting them to one another.

    I say relatively because there are few products that need everyone

    in order to succeed. A tiny sliver of the market is enough. Bill Niman

    used to run Niman Ranch, a cooperative raising meat for fancy

    restaurants and markets. That was already a sliver of the huge huge

    market for meat. He moved on to start BN, a 1000 acre farm raising

    goats for a subset of that subset. It's enough.

    It's enough if the tribe

    you lead knows about you and cares about you and wants to follow you.

    It's enough if your leadership changes things, galvanizes the audience

    and puts the status quo under stress. And it's enough if the leadership

    you provide makes a difference.

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    Profile: Mary Sullivan

    Mary Sullivan is a charter member of the Lee Hecht Harrison Silicon Valley Entrepreneur Group. She is currently writing a book about people who left corporate careers to start their own businesses.

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