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The Personal MBA: The Book

Master the Art of Business - by Josh Kaufman, founder of PersonalMBA.com

Point of Market Entry

This is a preview of a concept contained in The Personal MBA by Josh Kaufman, a book that will help you master the fundamentals of business, hone your business instincts, and save a fortune in tuition. The Personal MBA distills the most powerful principles of business and delivers them quickly and concisely. Order your copy now…

What is a “Point of Market Entry”?

“There is nothing harder than the softness of indifference.” — Juan Montalvo, essayist

Key Points:

  • A Point of Market Entry is the point where a potential customer becomes receptive to your offering. It’s highly likely that you won’t care about wheel chairs until you need one.
  • Certain markets have clearly defined entry and exit points, like diapers. Other markets are more imprecise.
  • It’s best to find out when people are interested in hearing from you before you reach out in order to avoid wasting resources.
  • If you can get a prospective customer’s attention as soon as they become interested in what you’re offering, you become the standard by which competition will be evaluated.
  • It’s important to discover where your probable purchasers start looking for information after crossing the interest threshold.

Questions for Consideration:

  • Is there a clear point of market entry for probable purchasers in your market?
  • If so, how can you get the attention of these prospects as soon as they enter the market?

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True leaders aren’t made by business schools – they make themselves, seeking out the knowledge, skills, and experiences they need to succeed. Read this book and you will learn in one week the principles it takes most business professionals a lifetime to master. Buy The Personal MBA by Josh Kaufman now.