
Blueprint to a Billion
The 7 Essentials to Achieve Exponential Growth
By David G. Thomson
Published 12/2005
About the Author
David G. Thomson, a seasoned leader with over 20 years of experience, has a rich background in general management, sales, and marketing. He has held pivotal roles at Nortel Networks and Hewlett-Packard, where he honed his expertise in business growth and strategy. Additionally, Thomson served as an associate principal at McKinsey & Company, one of the most prestigious consulting firms globally. His profound understanding of business dynamics and his experience working with high-growth companies have uniquely positioned him to uncover the secrets behind their success. In "Blueprint to a Billion," Thomson distills his extensive research and practical insights into a guide for aspiring entrepreneurs and business leaders aiming to achieve exponential growth.
Main Idea
"Blueprint to a Billion" provides a comprehensive analysis of the key factors that distinguish companies that achieve billion-dollar revenues from those that don't. Thomson identifies seven essential principles that these successful companies, referred to as "Blueprint Companies," consistently follow. These principles are not industry-specific and can be applied across various economic cycles. The book's core message is that achieving exponential growth is not solely about innovation or leadership pedigree but about mastering specific strategies and practices that drive sustained revenue growth and high returns on capital.
Table of Contents
- Create and Sustain a Breakthrough Value Proposition
- Exploit a High-Growth Market Segment
- Marquee Customers Shape the Revenue Powerhouse
- Leverage Big Brother Alliances for Breaking Into New Markets
- Become the Masters of Exponential Returns
- The Management Team - Inside-Outside Leadership
- The Board - Comprised of Essentials Experts
Create and Sustain a Breakthrough Value Proposition
The first essential in achieving exponential growth is developing a compelling value proposition. A breakthrough value proposition goes beyond mere improvements to existing products or services; it offers a unique set of customer benefits that meet an unmet need or create new demand. Thomson emphasizes that this is not about reinventing the wheel but about delivering products or services better, faster, and cheaper than the competition. The breakthrough value proposition is what sets Blueprint Companies apart from their competitors and drives their initial growth trajectory.
“Every Blueprint Company had a compelling value proposition. All were founded on the delivery of a breakthrough set of customer benefits that went far beyond mere improvements to existing products and services.” - David G. Thomson
For example, companies like Genentech created entirely new markets with biotech products, while Starbucks redefined the coffee shop experience by emphasizing quality and customer experience. These companies didn't just enter existing markets; they reshaped them, setting new standards and expectations. The importance of aligning the product with market needs cannot be overstated. When a product innovation meets an eager market, it transforms into a breakthrough value proposition that can sustain exponential growth.
Sign up for FREE and get access to 1,400+ books summaries.
You May Also Like
The Lean Startup
How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses
By Eric RiesWho Moved My Cheese?
An Amazing Way to Deal with Change in Your Work and in Your Life
By Spencer Johnson, M.D.Make Your Bed
Little Things That Can Change Your Life...And Maybe the World
By William H. McRavenThe Ride of a Lifetime
Lessons Learned from 15 Years as CEO of the Walt Disney Company
By Robert Iger