Profiting From the Speed of Change
A great startup opportunity isn’t always something that’s brand new or never been seen before. There’s a lot of value to be created in taking something that works in one market and making it accessible to a much larger market. Smaller, more agile teams, can accomplish the transition better than large, rent-seeking organizations.
In the past, business success was all about size: The large eat the small. Today, business success is all about speed: The fast eat the slow.But when change occurs, what do most organizations tend to do? They hunker down and protect the status quo. After all, it’s human nature to protect and defend.
