Lochhead on Marketing

037 How To Be Thoughtfully Aggressive & Radically Generous w/ Eddie Yoon


Listen Later

We have is a very special free form conversation with Eddie Yoon, author of Superconsumers. He is also the category design guru to the Fortune 500. Recently, we collaborated on an article for Harvard Business Review “5 Ways to Stimulate Cash Flow in a Downturn.”

In this episode, we bring that article to life as we talk about two big ideas: how to be thoughtfully aggressive and radically generous.

Innovations Through Adversities

Christopher and Eddie share some stories about what is currently happening in the US. Christopher acknowledges the fact that the figures during daily briefings are not just numbers, they are people who have friends, families, and relationships.

“I just feel deep sadness and concern right now for all small businesses and large businesses. I think a lot of innovations will come through it, as it always does in adversities but this is one of those I cant wait to be on the other side of it.” – Eddie Yoon

Thoughtfully Aggressive, Radically Generous

Christopher shares how they have been thinking and researching the book they are working on and how these two ideas started to resonate with people in this time of crisis.

“We have a unique opportunity now to be radically generous, best we can and that can be financially and thoughtfully aggressive. Some of our businesses are threatened. Most businesses are down in meaningful ways. As business leaders, we got to navigate through this the best we can.” – Christopher Lochhead

Eddie shares that in a time of uncertainty, we don’t know what is going to work. However, if we lean into being radically generous, and thoughtfully aggressive, we’ll be fine throughout this.

“When you’re in a crisis, you got to keep it simple and I think these principles are not that simple, but they are emotional. That’s the key part, cause sometimes in fight or flight, your brain doesn’t always work. Emotions are what you can hold on to and that’s something people can use to discern. Is it a radically generous thing or not? Am I being a chicken or should I be more thoughtfully aggressive about it?” – Eddie Yoon

No Best Time To Launch Than Now

For companies and brands who got caught up in the planning stage of launching a new product, Christopher and Eddie give advice that there’s no best time to launch than now.

“I think, that self-awareness is the thing that makes me feel comfortable. Category creation and design is the ultimate growth strategy. You should be doing it anyway.” – Eddie Yoon

To learn more about how to be thoughtfully aggressive and radically generous. and more information about Eddie Yoon, download and listen to this episode

Bio:

Eddie Yoon is the founder of EddieWouldGrow, LLC, a think tank and advisory firm on growth strategy. Previously he was one of the senior partners at The Cambridge Group, a strategy consulting firm.

His work over the past two decades has driven over $8 billion dollars of annual incremental revenue. In particular, 8 of his clients have doubled or tripled in revenue in less than 8 years. 

Eddie is one of the world’s leading experts on finding and monetizing superconsumers to grow and create new categories.

He is the author of the book, Superconsumers: A Simple, Speedy and Sustainable Path to Superior Growth (Harvard Business School Press, 2016).

His book was named as one of the Best Business Books of 2017 by Strategy & Business. He is also the author of over 100 articles, including “Make Your Best Customers Even Better” (Harvard Business Review magazine, March 2014) and “Why It Pays to Be a Category Creator” (Harvard Business Review magazine, March 2013).

Additionally, he has appeared on CNBC and MSNBC and been quoted in The Wall Street Journal, The Economist and Forbes and has been a keynote speaker in the U.S., Canada, Kenya, Australia, New Zealand, Denmark, the UK and Japan.

Eddie holds an AB in Political Science and Economics from the University of Chicago. Having been born and raised in Hawaii, he went to the Punahou School in Honolulu. Eddie lives in Chicago with his wife and three children.

Links:

This episode is based on a Harvard Business Review article written by Eddie Yoon, & Christopher Lochhead.

We hope you enjoyed this episode of Lochhead on Marketing™! Christopher loves hearing from his listeners. Feel free to email him, connect on FacebookTwitter,Instagram and subscribe on iTunes! You may also subscribe to his newsletter, The Difference, for some amazing content.
...more
View all episodesView all episodes
Download on the App Store

Lochhead on MarketingBy Christopher Lochhead

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

186 ratings


More shows like Lochhead on Marketing

View all
The Tim Ferriss Show by Tim Ferriss: Bestselling Author, Human Guinea Pig

The Tim Ferriss Show

16,076 Listeners

The James Altucher Show by James Altucher

The James Altucher Show

2,500 Listeners

The Knowledge Project by Shane Parrish

The Knowledge Project

2,662 Listeners

Social Media Marketing Podcast by Michael Stelzner, Social Media Examiner

Social Media Marketing Podcast

1,445 Listeners

HBR IdeaCast by Harvard Business Review

HBR IdeaCast

139 Listeners

The Digital Marketing Podcast by Daniel Rowles and Ciaran Rogers

The Digital Marketing Podcast

115 Listeners

Masters of Scale by WaitWhat

Masters of Scale

3,983 Listeners

The Russell Brunson Show by Russell Brunson | YAP Media

The Russell Brunson Show

920 Listeners

The Futur with Chris Do by The Futur

The Futur with Chris Do

858 Listeners

The Prof G Pod with Scott Galloway by Vox Media Podcast Network

The Prof G Pod with Scott Galloway

5,513 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

10,205 Listeners

ACQ2 by Acquired by Ben Gilbert and David Rosenthal

ACQ2 by Acquired

291 Listeners

The Startup Ideas Podcast by Greg Isenberg

The Startup Ideas Podcast

214 Listeners

Marketing Against The Grain by Hubspot Media

Marketing Against The Grain

358 Listeners

BG2Pod with Brad Gerstner and Bill Gurley by BG2Pod

BG2Pod with Brad Gerstner and Bill Gurley

460 Listeners