Saturday, October 8, 2011

Chris Dixon offers some advice.........

Full post is here.  Excerpts are here:

1. If you aren’t getting rejected on a daily basis, your
    goals aren’t ambitious enough.

2. Don’t climb the wrong hill

3. The next big thing will start out looking like a toy

Disruptive technologies are dismissed as toys because when they are first launched they “undershoot” their users’ needs. The first telephone could only carry voices a mile or two. The leading incumbent of the time, Western Union, chose not to acquire telephone technology because they didn’t see how it could be useful to businesses and railroads – their best customers. What they failed to anticipate was how rapidly telephone technology and infrastructure would improve. The same was true of how mainframe companies viewed the PC, and how modern telecom companies viewed Skype.

The list of top internet companies in 10 years will look very different than that same list does today. And the new ones on the list will be companies that snuck by the incumbents because people dismissed them as toys.

4. Predicting the future of the Internet is easy: anything it hasn’t
    yet dramatically transformed, it will.

The Internet has gone through fits and starts – a bubble, a crash, and now a revival. Pundits are speculating that another crash is coming. Regardless of what happens in the near term, what we do know is that every year we will continue to see more and more industries succumb to the transformational power of the Internet.

Already transformed: music, news, advertising, telecom. Being transformed: finance, commerce, TV & movies, real estate, politics & government. Soon to be transformed: healthcare, education, and energy, among others.

No comments:

Post a Comment