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Netflix Redux: Is It Ever OK to Fire Your Customers?

Both Sides of the Table

Netflix as a service has always prided itself on movie recommendations that are tailored specifically to you plus user ratings on the quality of films. Some customer segments value the DVD business and these may be more price sensitive. Some customer segments value the convenience of instantly available films. ”). .”).

Netflix 287
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7 Ways To Keep Your Business Working Like A Startup

Startup Professionals Musings

Instead of sizing up new opportunities and actively courting every new customer, you start worrying about cutting costs, repeatable processes , and overtaking known competitors. As a consultant, I hate to see you lose that startup focus on innovation, change, and customers.

Startup 154
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8 Startup Lessons From “The Founder” Movie

InfoChachkie

Even when it was published on Netflix, I had no desire to see The Founder movie, as it was clear from the film’s preview that it was yet another, “businessperson gone bad” film. Lesson: “To a contrarian like me, constant advice not to do something almost always starts me quickly down the risky, unpopular path.”

Startup 100
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How to Decrease the Odds That Your Startup Fails

Both Sides of the Table

Many startup businesses – tech or otherwise – fail. Trying outrageous new things or even trying mundane things but in new ways but with extreme quality & innovation is what fuels the tech startup industry. But today I want to give you advice on how to decrease your odds of failure in a startup.

Startup 150
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7 Keys To Building And Keeping A Business Innovative

Startup Professionals Musings

Within the startup realm, there is a big difference between having an innovative product versus an innovative business. Some startups have a new technology, but stick to a tried-and-true business model. The most competitive startups do both, all the time and every time. Granting of autonomy first requires extending trust.

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6 Strategies To Anticipate And Survive New Entrants

Startup Professionals Musings

Thus they are blindsided and try to react quickly when a new competitor starts stealing customers. For example, we all remember when Blockbuster realized too late that Netflix was stealing customers by offering videos online rather than via DVDs, but even then they were unable to adapt their processes and their thinking.

Metrics 71
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9 Key Issues That Can Support Your Breakthrough Ideas

Startup Professionals Musings

Berger suggests nine key questions, which I have adapted for entrepreneurs and startups, from his focus on existing companies. Customers always have alternatives, most notably continuing to do what they do today without you. Every startup should start with a set of values that would fit the definition of a good cause.

Ideas 117