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 Asyarihas quoted7 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? 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 Betinhas quoted9 years ago
Second is risk aversion. People are scared of secrets because they are scared of being wrong
b2601497554has quoted15 days ago
the initial markets are so small that they often don’t even appear to be business opportunities at all.
Bagushas quoted3 years ago
Strong men believe in cause and effect
Amerika Amerikahas quoted4 years ago
2. A bad plan is better than no plan
UGLYPUPhas quoted4 years ago
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 Myrzahas quoted6 years ago
Instead ask yourself: how much of what you know about business is shaped by mistaken reactions to past mistakes?
Meirman Buranbayevhas quoted6 years ago
“Shallow men believe in luck, believe in circumstances.… Strong men believe in cause and effect.”
mursyahas quoted7 years ago
they are easy to forget in a world where so much of what we do is repeat what has been done before