mohit | Shared With: Everyone - Feb 01 2009 | web, advertising, business, startups, entrepreneurship
Quoted: I think that's an important part of the economics of the web that are left out of most discussions of Internet business models. Yes, we are turning analog dollars into digital pennies in many cases. But we are also doing the same thing on the cost side, maybe even more so. And I think that "operating leverage" is going to create a lot of value.
ShareViewed: 1 Time- mohit | Shared With: Everyone - Sep 27 2008 | startups, entrepreneurship, business
Hard to argue with these points.
Quoted: 3. Focus on “must have” products/features with large markets. Nice-to-have stuff all goes out the window quickly. This means avoiding merely “lower cost” or “higher productivity” plays. At CMEA we see a lot of technology entrepreneurs optimizing a small part of the solution.
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4. Look for existing sales channels you can tap into. Developing new channels can be the highest cost for a startup, and is not a good use of venture capital.ShareViewed: 4 Times
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