By Miranda Myers, staff writer at Grow Wire
Startups continue popping up everywhere, brands keep reinventing themselves and technology speeds ahead. Within that cacophony, starting a business or creating something new is more daunting than ever.
Is there even untapped space to create something successful?
In this episode of the "Grow Wire Podcast,” we bring back former CMO and best-selling author, Christopher Lochhead, who says yes—without a doubt. In fact, he insists the best innovations are happening right now, and there’s endless room for creation. Lochhead says the key, however, is to focus on creating your own category and defining your own niche.
“Categories make brands, not the other way around,” he explains. “The legends don’t market their brand. They market the category.”
Lochhead dissects the most effective entrepreneurs, from Elon Musk to Jeff Bezos, who he believes are all successful for the same reason: Creating a new niche or dominating an existing one.
This theme is at the core of Lochhead’s latest book, "Niche Down." We dive into the process of writing the book—including landing on the perfect title—the purpose behind the book and the message he hopes all entrepreneurs take from it.
Listen to the full podcast episode on Apple Podcasts, SoundCloud and YouTube, and as always, don’t forget to rate, review and subscribe.
🌱 Keep growing! Follow Grow Wire on Twitter for daily doses of know-how.