2 The Nike Syndrome

Marketing Myth #2: We’ll pay for marketing when we can afford it.

DOI: 10.4324/9781003030607-2

In a crowded marketplace, fitting in is a failure. In a busy marketplace, not standing out is the same as being invisible.

Seth Godin, author

Roughly half a million people become entrepreneurs every month in the U.S. alone.1 According to the U.S. Bureau of Labor Statistics (BLS), 20% of startups fail during the first two years, 45% during the first five years, and 65% during the first ten years.

You want your company to be among the ones to beat the odds, to be the 55% that make it to year five and beyond. Marketing—from ...

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