Hyperion
RETIRED TTA
- Joined
- Jun 4, 2012
- Messages
- 12,564
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For established markets yes you are right (poultry farm + cement factory + real estate units etc etc).
However, not in a market such as the internet. In internet you create stuff that people never realized they ever needed. Innovators are a different breed, they never ever calculate. After the innovators show the world the existence of a different kind of market, the accountants and copy-cats come in and try to get the remainder that hasn't been captured yet, till it's fully saturated.
For example, the guy who created "Hotmail" was the innovator, then the accountants @ Microsoft captured it (crunched numbers, calculated approximate size of the market etc etc). And this continued till the web-based email market was completely saturated.
However, not in a market such as the internet. In internet you create stuff that people never realized they ever needed. Innovators are a different breed, they never ever calculate. After the innovators show the world the existence of a different kind of market, the accountants and copy-cats come in and try to get the remainder that hasn't been captured yet, till it's fully saturated.
For example, the guy who created "Hotmail" was the innovator, then the accountants @ Microsoft captured it (crunched numbers, calculated approximate size of the market etc etc). And this continued till the web-based email market was completely saturated.
Yeah I think I'm gonna pass on that !
Khan tu marvaiii ga mujheee !
I think its always about numbers & never about the so-called 'gut-feeling' !
See what they need, get what they need & give them a reason to buy from you; keep it simple !