The Maturation of the Billionaire Boy-Man
Incredibly, Mark Zuckerberg has grown up to become an ace CEO—one whose way of thinking might drive Wall Street nuts.
Here’s a gushingly enthusiastic profile of Facebook founder just before the company’s IPO.
How to Buy a Business: Buying Your Competitors
Most small businesses struggle with excruciatingly slow growth because after the first year or so of operations during which they attracted the market’s low-hanging fruit. Once this segment has been tapped the situation turns into one of trench warfare where they are fighting for new customers one at a time with competitors. The costs of this strategy can be high while the payoffs are low.
One way to break out of this demoralizing situation is to buy up competitors to acquire their customer base at closing.
Europe’s Best Copycatters: The Samwer Brothers, ja!
The Samwer Brothers are the European champions of borrowing other people’s ideas and executing them more successfully. They are especially “notorious for aggressively cloning American sites and launching them in Europe.” Continue reading
Wired magazine says go to Africa and get involved with Internet related projects.
Quoting the article: Continue reading
The Serial Entrepreneur vs. the Dealmaker
Today I will compare the strategies of the serial entrepreneur and the dealmaker. Both are worth studying because they have much to teach us about wealth creation. However, before we do that we will look at some important business concepts. Continue reading