All Articles Tagged "business model"
Too often, people go into a crowded market and try to carve out a nice, comfortable niche where the competition isn’t too high. There’s already a proven business model, a proof of concept and it’s a safe bet.
However, the world was never changed by safe bets. The people that changed the world and their markets weren’t just category leaders, they were category creators.
For example, Pablo Picasso wasn’t just the best at what he did, he pioneered what he did. He said, ”I am always doing that which I cannot do, in order that I may learn how to do it.”
Read the rest of the story at Black Enterprise
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(Inc.) — Changing a business model is a very big deal, and Reinaldo was smart to look for outside opinions before he committed to a course he could not easily reverse. Reinaldo told me that his company had 700 licensees using the software in question. The total market, he said, was 5,000 to 6,000 users. Reinaldo estimated that the company’s revenue from current customers would drop by about two-thirds if it adopted the free-download model.
(Mediaweek.com) — TV moguls once looked askance at new media, warily eyeballing digital like an unwanted vampire that snuck into the party with the catering. As much as the networks still aren’t sold on the core business proposition of anytime/anywhere distribution, there are signs they’re becoming more tolerant of third-party players. Speaking on Wednesday morning’s opening session at The Cable Show in Los Angeles, CBS Corp president and CEO Les Moovnes said there is “a mutual respect” between tech and content, adding that the broadcaster is willing to experiment with non-traditional distribution platforms “if the economic model fits what we do.”
(NYMag.com) — With his independently released mixtape So Far Gone, Drake went from digital dynamo (2,000 downloads in ten minutes) to Grammy nominee all before he signed on any dotted lines. Or maybe not: While a major-label bidding war supposedly raged, rumor had it that he was already signed to Young Money/Universal. Either way, the excitement around his quick, seemingly unassisted rise translated into true stardom. And today, a number of up-and-coming rappers, eager to re-create his magic, are at pains to represent themselves as boot-strapping independent artists — even when they’ve got freshly inked major-label deals.
(FastCompany.com) — Tumblr is the Twitter of the micro-blogging world: It’s stunningly simple, growing rapidly in popularity, and has had obscure plans to earn revenues. Until now, that is. They’ve unveiled a novel business model.
(Techcrunch) — The business and content models behind news have been changing dramatically over the past few years; with the mechanisms by which journalists interact with their audiences constantly transforming along the way. Y Combinator- backed NewsLabs is launching a platform, called NewsTilt, that will help aim to help journalists adapt the future of online news. The platform will officially launch tomorrow.