How do you plan for a disruptive business that doesn’t make money until later? What’s the business model?
One of the most interesting, exciting and potentially lucrative things you can do as an entrepreneur is disrupt a big market. One of the smartest people I know puts it very simply: If you manage to disrupt a big market, business will follow. Blow things up and you’ll make money.
But sometimes there’s a catch: In today’s business environment, it’s difficult to disrupt and monetize at the same time. Monetize, by the way, is the new high-tech buzzword for making money.
One of the most interesting, exciting and potentially lucrative things you can do as an entrepreneur is disrupt a big market. One of the smartest people I know puts it very simply: If you manage to disrupt a big market, business will follow. Blow things up and you’ll make money.
But sometimes there’s a catch: In today’s business environment, it’s difficult to disrupt and monetize at the same time. Monetize, by the way, is the new high-tech buzzword for making money.