Remove buck
article thumbnail

Entrepreneurs Should Go For The Quick Buck – Then Stop - Initial Business Models Can Be Enticing But Limiting In The Long Run

InfoChachkie

Thus, entrepreneurs must decide when to stop listening to the Sirens’ song of a quick buck and position their company to take advantage of long-term, sustainable business models. Perhaps in part due to its dominant market share, WebEx adopted telecom-style pricing, which effectively penalized their users. Arbitrage Is Fleeting.

article thumbnail

Startup Lessons From Pink Floyd’s Dark Side Of The Moon

InfoChachkie

Unfortunately, successful musicians seldom have the luxury of market testing their subsequent albums. Lesson: As described in Go For The Quick Buck , wily startups also devise creative ways to secure funding from their customers, rather than from investors. This audience feedback allowed the band to iteratively modify their creation.

Startup 269
Insiders

Sign Up for our Newsletter

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

article thumbnail

Ten Startup Tips From Amazon Founder, Jeff Bezos

InfoChachkie

If Jeff and his team had launched a more prudent, scaled-back site, it is arguable they would have never achieved the critical mass that eventually led to the company’s widespread market acceptance. Don’t Chase The Quick Buck. Sometimes we measure things and see that in the short term they actually hurt sales.

Tips 279
article thumbnail

App is Crap (why Apple is bad for your health)

Both Sides of the Table

But like lemmings, every company in the market rushed to proclaim they were launching WAP versions of their products. They pronounced “The End of Software.&# It was typical Marc Benioff marketing hyperbole but it was very effective. Their company, my company and countless others espoused cloud-based applications.

Brentwood 326