Why is it that some companies are able to scale to International and financial acclaim, while others get mired in competition and struggle to stay alive? There are many obvious explanations of course such as finding good Product/Market fit (creating something people will pay for), and being competitive in terms of cost and value. But [...] →
Perhaps the biggest challenge to entrepreneurship is coming up with the idea. Like many would-be entrepreneurs I’ve been accused of having too many ideas (bubbles) and always popping those bubbles, before they ever see the light of day. This tendency comes as a result of having experienced the pain of a failed business attempt. I [...] →
Small business has entirely different needs and expectations from technology than larger enterprise. Okay, that is an obvious statement, right? So then why are small businesses always so surprised to learn about the cost associated with custom projects? First, a Little Background There was a time 10 years ago, when the company I [...] →
“As information technology’s power and ubiquity have grown, its strategic importance has diminished. The way you approach IT investment and management will need to change dramatically … It is difficult to imagine a more perfect commodity than a byte of data – endlessly and perfectly reproducible at virtually no cost … IT management should, frankly, [...] →
There is a common expression in tech entrepreneurship – do things that weren’t possible 3 years ago. The reason for this is the accelerated innovation and thus the accelerated commodization of technology. A product might go from ground-breaking and unique to absolutely commodity in 10 years or less. If you accept that, then you must [...] →
One of my biggest mistakes with my last company: I built what I still believe was a great product and it matched the needs and demands of a lot of people out there, but the industry I chose was too mature. The products I was competing with already had significant adoption and major TV advertising [...] →
One of the biggest criticisms I hear about services businesses is that they are not scalable. Profit margins are low, clients are demanding, and you are highly dependent upon high-cost employees with specialized skills, who could leave at any time. In fact, this is the way most small consulting companies run. But it doesn’t have [...] →