I happen to be very analytical and more result oriented. I often project the end result, or the end game, that I like to accomplish. With a goal that is quantifiable, it is possible to examine various options and pick the best one that gives you the highest probability of achieving your goal with maximum returns.
This philosophy carries over to our development as well. We explore and exhaust all available options before choosing the end design.
I think it carries back to birth for Dyna!! Remember, he was the one who masterminded Smokeys Gardens's success. I was not even sure what a Daylily was in 2007 when Dyna presented a business plan to grow and sell Daylilies. By 2012, we were among the largest growers of Daylilies in the world. Dyna knew where we needed to go and how to get there. You, (DNotes), were the one who got us to the very top of the list for internet traffic for our websites. Dyna had a plan to be where we are, and had a plan on how to get there. I still remember thinking........this Old Man is crazy to think that we could transition from a 30 year old retail/service operation to a internet-based, mail order business growing flowers!!
I have learned over the past 10 years that I have worked with Dyna to NEVER underestimate his long-range forecasts. I have learned more from him in the last ten years than I did in the previous 30 years as a business owner........Dyna can see the future like Dale Earnhardt could "see the air". Smokeys Gardens and DNotes are just two examples of that.
Smokey
Thanks, Smokey. Coming up with that business plan was the easy part. Fine tuning it and executing it flawlessly was quite demanding. With limited financial resources and a declining economy, it was even more challenging than it should have been.
The success of Smokeys Daylily Gardens is the results of a few winning strategies that are applicable in just about any business, with some adjustments. It is most important to start off with a relentless commitment to be the best in class. You are not a me too. You want to be equal to the best you are competing with, at a minimum. Your objective is to be equal to and better than any of your competitors. You commit yourself to do the right thing every time and always remember that your customers govern your success or failure. If your customers want you to be successful, your chances of being successful are greatly improved.
Create an unfair advantage over your competitors by going beyond the call of duties, delivering more than you promised and always be respectful and appreciative. Most people prefer to do business with friends, not enemies. Go the extra miles to do things that others wont do. Slowly build up your resources and capabilities so you that are in a position to do things others can not do. That is the unfair advantage.
By exploiting the economy of scale, Smokeys Daylily Gardens, has the machine power to plant and harvest more daylilies in one day than most of their competitors can in the entire season. That is the power of the unfair advantage. Of course, it takes a lot more than that for Smokey Gardens to reach this level of success, such as team work, internet marketing, and more. That is a different story for another day when appropriate.
I am privilege to be of help. My skill-set as an entrepreneur will be helpful when we start to promote our merchant account payment processing. I plan to be actively working smaller local businesses to build up a solid foundation before pushing for prime time. Mass consumer and merchant adoption of DNotes will take at least four years. Doing it right from the start is the key to our success. It takes many building blocks to secure that foundation, and that is what we are working on.
DNotes's strength is that forces behind it have entrepreneurial background. This background of having gone through the trenches and making sure the next check arrives, loans are paid and that business will be around next year unleashes all sorts of creativity. I saw this in the business world where people with entrepreneurial background will time and again show superior leadership and execution skills and creativity far beyond traditional managers could come up with. I think this background of promoters is a key differentiator vis a vis other coins. Running a business or a venture like DNotes is about products, services, customers, customer service, competition, competitive advantage, team work and many more things that the promoters have vast experience with. I see most other coins focusing on a single aspect i.e. product and there the focus is to find some new trick that others are missing. This in itself does not usually lead to a dominant position. Unfortunately, viral marketing has created success stories like hotmail, facebook etc so people do not think about creating customers, servicing them and growing the business. They just create more features and hope for adoption. Success rate with this approach is very low.