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The Three Dimensions of Value

Continuous improvement involves understanding how to create and deliver such exceptional value that customers not only see it but also share their experience with others. This strategy leads to capturing the greatest value for any business.

There are three dimensions of value that can be offered to a customer, which most successful companies provide.

1. Create Value: As an entrepreneur, recognizing a customer's pain points and developing a solution that solves those pain points is crucial. Crafting a compelling message to communicate that value ensures that when the customer makes a purchase, value is created.

2. Deliver Value: When customers experience the product, embrace it, and validate the communicated value, that's when value is delivered, marking the second dimension.

3. Capture Value: The final dimension, critical for business scaling, is when customers become advocates by sharing their positive experiences with others. This is when value is captured effectively.

Focusing on capturing value and building a Halo (a state where the value exceeds the price) for products or services is key for business growth.

Continuous improvement involves understanding how to create and deliver such exceptional value that customers not only see it but also share their experience with others. This strategy leads to capturing the greatest value for any business.

Understanding and excelling in these three dimensions can significantly impact business success and sustainability.

About Dr. Michael Burcham

Michael is an executive coach, entrepreneur, investor, and strategist with 30 years of experience leading investor-backed, high-growth organizations.

“I built and sold a $40M company with Dr. Burcham as my mentor. This is the thing: if you EVER get the opportunity to learn from this man, from that moment forward, you’ll list him as one of the most influential people in your life, even if you live to be 90. And, you’ll know how lucky you were to have that opportunity and you’ll immediately say YES to any chance to be in his presence again—his wisdom is that impactful.”

Sherry Stewart Deutschmann

Former CEO, Letter Logic

“If you are looking for a trusted mentor and coach for yourself or your leadership team, I highly recommend Michael Burcham. He has worked with me as my executive coach for well over a decade now. Our conversations and his feedback have helped me sharpen my critical thinking skills. He’s a trusted advisor that I can confidentially speak with about any issue—and I know I’ll get valued feedback. I highly recommend him.”

Ryan McGrath

CEO, Asset Living

“Dr. Burcham’s depth and breadth of experience makes even the most ADD entrepreneurial leader sit up and take notes! His coaching skills bring out the ‘best you’ possible. He selflessly shares the good, the bad, and the ugly—leaving you with an authentic and moving experience sure to spur action and professional growth!”

Julie Lenzer

Director, U.S. Department of Commerce

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