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 Asyarimembuat kutipan7 tahun yang lalu
. 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 Betinmembuat kutipan8 tahun yang lalu
Second is risk aversion. People are scared of secrets because they are scared of being wrong
Bagusmembuat kutipan3 tahun yang lalu
Strong men believe in cause and effect
Amerika Amerikamembuat kutipan3 tahun yang lalu
2. A bad plan is better than no plan
UGLYPUPmembuat kutipan3 tahun yang lalu
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 Myrzamembuat kutipan6 tahun yang lalu
Instead ask yourself: how much of what you know about business is shaped by mistaken reactions to past mistakes?
Meirman Buranbayevmembuat kutipan6 tahun yang lalu
“Shallow men believe in luck, believe in circumstances.… Strong men believe in cause and effect.”
mursyamembuat kutipan6 tahun yang lalu
they are easy to forget in a world where so much of what we do is repeat what has been done before
fredyphmembuat kutipan7 tahun yang lalu
However, analyzing your business according to these characteristics can help you think about how to make it durable