Remove 1997 Remove Customer Remove Internet Remove Software Review
article thumbnail

Sustaining Innovation vs. Disruptive Innovation

YoungUpstarts

A sustaining innovation targets demanding, high-end customers with better performance than what was previously available. Because this strategy entails making a better product that they can sell for higher profit margins to their best customers, the established competitors have powerful motivations to fight sustaining battles.

article thumbnail

What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

it is also the title of a fabulous book from Internet 1.0 by Michael Woolf that is worth any startup founder reading to get a sense of perspective on the reality warp that is startup world during a frothy market such as 1997-1999, 2005-2007 or 2012-2014. I call this “using your balance sheet as a strategic weapon.”

Burn Rate 383
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Sustaining Innovation vs. Disruptive Innovation

The Startup Magazine

Scholar and innovation expert Clayton Christensen explains it this way: A sustaining innovation targets demanding, high-end customers with better performance than what was previously available. When mainstream customers start adopting the entrants’ offerings in volume, disruption has occurred. And they have the resources to win.

article thumbnail

5 Most Successful Products Ever and What Small Businesses Can Learn From Them

crowdSPRING Blog

A successful product quickly acquires new users/customers and delivers consistent value. It’s not surprising that companies with successful products grow their customer base, increase their revenues, and outperform competitors. So, what better way to learn than to study the products that have cracked the success code?

article thumbnail

28 Entrepreneurs Explain Why They Started Their Business

Hearpreneur

Back in 1997, when I was a high school junior and my brother Evan was a freshman, we launched a local moving service called Meathead Movers. Our commitment to good ole’ fashioned customer service and dedicated work ethic instantly led to word-of-mouth referrals about the clean-cut, student-athletes’ impressive work.

article thumbnail

The Ultimate CEO Twitter List

YoungUpstarts

jeremys : Learn about the industry of online reviews from Yelp co-founder and CEO Jeremy Stoppelman. missrogue : Tara Hunt, CEO of Buyosphere, discusses her insight into customer service. DuncanWierman : Duncan Wierman, software CEO, shares his insight into creative online marketing. Foundations, Associations & Non-Profits.

Cofounder 239
article thumbnail

On Bubbles … And Why We’ll Be Just Fine

Both Sides of the Table

I know that most people who are close to them tend to deny their existence, as we saw in the great housing bubble of 2002-2007 and the dot com bubble of 1997-2000. The fact that today’s Internet bubble does not represent all companies does not disprove its existence. Ah, but today’s Internet companies have real revenue!