the initial markets are so small that they often don’t even appear to be business opportunities at all.
Tatiana Yakushkinahas quoted2 years ago
. 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
Tatiana Yakushkinahas quoted2 years ago
o 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?
Doing what we already know how to do takes the world from 1 to n, adding more of something familiar. But every time we create something new, we go from 0 to 1.
b6093331129has quoted2 years ago
Brilliant thinking is rare, but courage is in even shorter supply than genius
b6093331129has quoted2 years ago
knowledge that everyone is taught in school is by definition agreed upon.
b6093331129has quoted2 years ago
horizontal progress is globalization—taking things that work somewhere and making them work everywhere.
D_readerhas quotedlast year
The paradox of teaching entrepreneurship is that such a formula necessarily cannot exist; because every innovation is new and unique, no authority can prescribe in concrete terms how to be innovative.