I kept encountering the same situation. A boutique hotel with a distinctive atmosphere. A restaurant with real soul. A creative practice with a vision that no competitor could replicate.
None of them could figure out why their brilliance wasn't translating into the growth, the pricing, or the recognition they deserved. They had a vibe. They didn't have a brand.
Look at Aesop. Ace Hotel. Soho House. These are brands built by founders with a clear point of view and the discipline never to compromise it. Every material choice reinforces the same story. That consistency is what creates pricing power.