This article was originally published on Sangeet Paul Choudary’s personal blog Platform Thinking – A blog about building early stage ventures from an idea to a business, and mitigating execution risk. A keynote laying out the shift that platforms are bringing about in the nature of business today. One of the central concepts I talk about on this blog is the shift from linear business models to...
“There’s an empty slide in your deck reading user acquisition, which follows the slide showing hockey stick adoption. We’ll grow virally! Three words that fill up the slide nicely. Relying on virality as a standalone source of user acquisition is fatally flawed to begin with.” That’s Sangeet Paul Choudary at his usual best. He probably said that a hundred times over, yet Startups...
Every business is an engine. It needs to do a certain set of things repeatedly to create value. If you haven’t figured out that set of repeated operations, you probably haven’t created a scalable business yet. Ford needs to repeatedly assemble cars, Google needs to repeatedly run its crawler, Facebook needs to repeatedly get users to interact with other users. THE BUSINESS ENGINE AND REPEATABLE...
