1. The Engineering Question Can you create breakthrough technology instead of incremental improvements? 2. The Timing Question Is now the right time to start your particular business? 3. The Monopoly Question Are you starting with a big share of a small market? 4. The People Question Do you have the right team? 5. The Distribution Question Do you have a way to not just create but deliver your product? 6. The Durability Question Will your market position be defensible 10 and 20 years into the future? 7. The Secret Question Have you identified a unique opportunity that others don’t see?
Hasyemi Rafsanjani Asyariidézett7 évvel ezelőtt
. The Engineering Question Can you create breakthrough technology instead of incremental improvements? 2. The Timing Question Is now the right time to start your particular business? 3. The Monopoly Question Are you starting with a big share of a small market? 4. The People Question Do you have the right team? 5. The Distribution Question Do you have a way to not just create but deliver your product? 6. The Durability Question Will your market position be defensible 10 and 20 years into the future? 7. The Secret Question Have you identified a unique opportunity that others don’t see?
Vasily Betinidézett9 évvel ezelőtt
Second is risk aversion. People are scared of secrets because they are scared of being wrong
Bagusidézett3 évvel ezelőtt
Strong men believe in cause and effect
Amerika Amerikaidézett3 évvel ezelőtt
2. A bad plan is better than no plan
UGLYPUPidézett3 évvel ezelőtt
THE IDEOLOGY OF COMPETITION CREATIVE MONOPOLY means new products that benefit everybody and sustainable profits for the creator. Competition means no profits for anybody, no meaningful differentiation, and a struggle for survival
Nur Myrzaidézett6 évvel ezelőtt
Instead ask yourself: how much of what you know about business is shaped by mistaken reactions to past mistakes?
Meirman Buranbayevidézett6 évvel ezelőtt
“Shallow men believe in luck, believe in circumstances.… Strong men believe in cause and effect.”
mursyaidézett6 évvel ezelőtt
they are easy to forget in a world where so much of what we do is repeat what has been done before
fredyphidézett7 évvel ezelőtt
However, analyzing your business according to these characteristics can help you think about how to make it durable