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Advantage: Turning Strengths into Strategy

Advantage: Turning Strengths into Strategy

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In this episode, Jim Krigbaum breaks down the “A” in DANCE — Advantages. This episode dives into how to identify your competitive and comparative advantages, assess your strengths and weaknesses using SWOT analysis, and strategically position your business to win in changing markets. Through real-world examples — from global trade shifts to product pivots and inventory strategy — Jim explains how strengths can also be weaknesses, how to manage risk, and how to use the “Booda Loop” (Breathe, Observe, Orient, Decide, Act) to make smarter, calmer decisions. This episode is about knowing your edge — and using it intentionally.

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