This creates a wonderful opportunity for entrepreneurs, in businesses both big and small. As long as they are more plugged in to what people want, they will succeed. They utilize disruptive technology to go forth and destroy the traditional market that the larger company is (currently) serving. In the large business, they have to realize that they will not be serving this exact market in 20 years. Things move too quickly now. You have to stay startup. Always be ready to pivot, changing a new market that is taking over your market. No, I'll take that a step further. You should be the one to take over your own market.
Friday, October 28, 2011
Stay Startup
This creates a wonderful opportunity for entrepreneurs, in businesses both big and small. As long as they are more plugged in to what people want, they will succeed. They utilize disruptive technology to go forth and destroy the traditional market that the larger company is (currently) serving. In the large business, they have to realize that they will not be serving this exact market in 20 years. Things move too quickly now. You have to stay startup. Always be ready to pivot, changing a new market that is taking over your market. No, I'll take that a step further. You should be the one to take over your own market.
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