The existing market for a product or service is disrupted by the new market the exponential technology creates because digital technologies out perform in effectiveness and costs.
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This digital revolution is giving rise to new kinds of entrepreneurship. New technologies are amplifying and accelerating each other.
There will be entrepreneurs who focus on inventing new digital technologies, those who use existing technology to disrupt old business models an...
Proprietary technology is a great advantage on which you can build a monopoly business because it makes it difficult for other companies to replicate your product.
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Virality is simply growth that stems from your existing users. Each user brings in on average more than one additional user (directly or indirectly) and thus creates exponential growth.
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