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Every business is either supply (employee) or demand (customer) constrained.
If you're demand-constrained, you're pushing a boulder up a hill. This is status quo for most businesses.
- The best short-term fix for demand constraints is stronger lower-funnel marketing.
- The best long-term fix for demand constraints is full-funnel marketing, product improvements, or even better, market improvements.
- Your #1 priority is to shift from demand to supply-constrained.
If you're supply-constrained, you're fighting like hell to hold onto the boulder tumbling downhill. Every entrepreneur dreams of being in this spot.
- The beauty of being supply-constrained is by having a ton of demand, talent will naturally attract to you.
- Employer marketing & recruiting becomes an even more important motion than sales & marketing.
- Your #1 priority is to stay supply constrained as long as humanly possible.
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