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Business Models, Innovation »

[8 Sep 2010]
User Life Cycle Part 1 (of 6): Getting them to Visit

I’ve just co-founded a new consumer Internet company called BrainCredits (www.BrainCredits.com) that we think has huge potential.
Without getting into the details yet of the new business (we hope to release a beta version in a few months), one of the most important steps in the development of our business model was creating what I’ll call our “User Life Cycle” – how a user ultimately becomes engaged with our service.  

Innovation, Opinions »

[30 Jul 2010]
Inventing the Web 2.0 Lemonade Stand

When I was growing up, running a lemonade stand was easy.  You picked a hot day, made sure you had a good location, priced it right, and provided a quality product.
But in the Web 2.0 world we live in, that just isn’t enough.  Everyone knows that it takes much less capital to start a business then it did 20 years ago, so everyone in your neighborhood is probably thinking about starting a lemonade stand too.  How will you ever be able to beat the competition?  Here is your guide to …

Disruption »

[2 Sep 2009]
The week that nobody embraced innovation

You can’t stop innovation and the disruption that it inflicts on industries and companies.  Successful companies understand this and either (1) position themselves as the disruptors, or (2) innovate or adapt quickly after someone disrupts them.  You would think that everyone would have figured this out by now given the accelerated pace of change in so many different industries (look no further than the music industry and newspapers.)
And yet, without fail, new stories emerge of companies trying to hold back innovation that threatens their businesses.  I liken it to sticking …