Keeping it Simple
When I think about Simple business models I think of Apple, Dell, FedEx or Starbucks. Simple business makes me think Modern business. Is there any coincident that the same businesses we see utilizing Social Media are the same ones with these Simple business models? I believe when you stay up to date with your technology you’re bound to stay up to date with your business model.
It’s a lot easier to start a business today not only because the start-up cost is much lower thanks to technology, but entrepreneurs are learning the concept of keeping it Simple. A smart start-up without any founding isn’t going to start by focusing on dominating an entire market; they’re a lot more likely to succeed finding a niche to focus on and grow slowly. The dynamics of creating a product which suits everyone takes a lot more management; meaning a lot more time, talent, people and money.
Make it simple and keep it simple, grow slowly but always be growing.