How The Entrepreneurial Strategy Compass Has Helped Paul Herdsman And Other Entrepreneurs

Paul Herdsman and many other entrepreneurs use the Entrepreneurial Strategy Compass to assist them as they make decisions concerning their customers, what technology to use, and how to deal with their competitors. Entrepreneurs who rush and commit to the first promising route that they see leave themselves potentially vulnerable to their competitors who put a larger emphasis on commercialization.

Successful entrepreneurs such as Paul Herdsman realize that showcasing their product or idea across different platforms makes it more appealing to potential investors and partners. The Entrepreneurial Strategy Compass has become a major asset for entrepreneurs because it allows them to look at different ways to establish value and demand for their services. Here is a closer look at the different strategies that make up The Entrepreneurial Strategy Compass.

The Architectural Strategy

Entrepreneurs who develop a successful architectural strategy are well known publicity. Most entrepreneurs are able to design a new value chain. Developing an architectural strategy can be risky because entrepreneurs may only have one chance to make a lasting impression. To counter this risk, architectural entrepreneurs seek to create platforms instead of products.

Disruption Strategy

Disruption entrepreneurs seek to change traditional value chains. It’s all about staying ahead. Paul Herdsman is an example of an entrepreneur who was able to build resources and establish customer loyalty to earn a place in the industry. There is room for growth, as entrepreneurs often develop technology that may be flawed in the short term, but is full of potential in the long term. With so much potential for growth, the disruption strategy is mostly used by young entrepreneurs looking to make a name for themselves.

Value Chain Strategy

Entrepreneurs, such as Paul,  use this strategy invest in commercialization. They seek to find a spot in the existing value chain. Entrepreneurs strive to find and develop talent. In order to create value, entrepreneurs need help from their partners.

Intellectual Property Strategy

Entrepreneurs who use this strategy are focused on generating new ideas. Choosing the right partner is important, as entrepreneurs are often trying to reach customers with clearly defined buying traits.

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Doe Deere/ Lime Crime Cosmetics

Doe Deere is the founder as well as the CEO of Lime Crime Cosmetics. The cosmetic line has become increasing popular due to the fact that the Deere believes that cosmetics are an expression of freedom as well as self-expression. Therefore, a person can openly express themselves by simply wearing a certain make-up.

Doe Deere has made people understand that wearing make-up is not about being “natural”. However, wearing cosmetics is all about how one happens to feel at that moment. Therefore, the cosmetics one chooses can send a message to others about what they are feeling inside on any given day. Learn more: http://www.doedeere.com/

Ms. Deere designed her make-up line with vibrant and bold colors which are also animal friendly. Lime Crime Cosmetics does not test their products on animals. Lime Crime has a fine selection of lipstick, eye shadows, nail polish and other make-up products.

Doe Deere always had great ambition and drive to succeed. In addition, she is an advocate for women achieving success on their own terms. Deere has stated many times that this is no longer a male dominated business world and women deserve a chance also.

Deere started her cosmetic business by simply registering for an account on eBay over a decade ago. Deere would regularly skim eBay and other related web sites trying to get new ideas about starting her own business. Lime Crime Cosmetics came into existence in late 2008. The company turned out to become an ultimate success.

Running a company is a great deal of work Deere admitted however, at the end of the day she leaves the office knowing that she truly made a difference for so many people. Lime Crime has become so popular because it offers far from ordinary cosmetic colors as well as choices. The public is always looking for something new and different. For example, unconventional hair color seems to sell like hot cakes as opposed to typical colors such as blonde and auburn.

Lime Crime Cosmetics was one of the first companies to focus a great deal upon E-Commerce. Focusing on E-Commerce certainly paid off for Doe Deere and Lime Crime. Learn more: http://frenchtribune.com/teneur/25362-how-controversial-doe-deere-became-successful-entrepreneur

Finally, Doe Deere gets her ideas from listening to customer feedback. In addition, she also researches current fashion and make-up trends to get a better idea on what society really wants in 2017.

Doe Deere attended the “Fashion Institute of Technology” which is located in New York New York. Her studies involved Business Design and Technology.