“Do these mavericks know what they’re doing? Does their business model make sense? Will they ever make any money?”
But instead of judging them from the comfort and the confidence of your position, try assuming that it’s they that have the right bet on the future. Think about the consequences of that for your business model. Try making the best case for their idea.
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Play is spontaneous and pleasurable but, more importantly, it accelerates and derisks learning. When we’re kids, it helps us to try out new behaviors, to refine those behaviors and to imagine what is not but what could be or what will be. Martin Reeves, a business strategist dealing with adults, argues that, in fact, play in business is not just possible: it’s essential and even urgent. Here’s why.
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Conducting market research
Analyzing data to make informed decisions
Developing a product roadmap
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On the edge of your industries - on the edge of every industry - are a population of maverick companies that are taking a bet against the incumbents’ business model and their view of the future. Actually, they have no choice because to be a miniature version of the incumbent would not be ...
Everything you are capable of doing in this world is inside the comfort zone or outside the comfort zone. Things inside the comfort zone are easy for you to do. They take little to no effort to do, there is no mental resistance holding you back. Things outside the comfort zone are facing a lot of...
People try desperately to hang on to antiquated ways of doing business because of a false sense of security. They believe that they can maintain their old ideas indefinitely, even if all evidence shows the contrary.
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