Skip to main content

Incompetence and communication

 There is a strategy that is gaining its popularity at its peak within the last two decades is the mechanism of copycat. It is not new, but the copycat usage is at all time high. It took actually decades, in the early 90s and before, to actually copy the business model. There are multiple reasons behind that. The two most important ones are the lack of communication tools and incompetence.

 When a business model becomes successful, it rewards the owner and some of the partners. And their success only limits within their reach and there were no things such as viral marketing. If it had to spread, it must go through word of mouth. It is slow but powerful. Moreover, the business tycoons of that era were not ready to reveal their secret recipes. They themselves developed and applied to every venture.

Whenever the organization became successful, they will reign the field, most probably forever. And people thinking of starting a business won't even think of starting one with a heavy-weight opponent at the other end. They just move to the new fields. So, as a result, companies in the 18th to 19th century, we could say faced the least competition. That is why when we think of the companies of that era, only a few stand atop. 

Labels:

Comments

Post a Comment

Most viewed

Focus makes the difference

The amount of work depends on the amount of time we spent on and the amount of focus. To be precise, it is the product of those two. There are various types of practices that makes up to a perfect finishing time. But whenever we look at it, the core always lies in the amount of we focused. We can even say that focus is solely responsible for completion. Without focus nothing cannot be completed. It may stay unsolved forever. People try to make their lives better by doing several things, in the end we could say that they were indirectly trying to improve their focus. Focus helps is to accomplish things within a very short span of time. There by reducing the time wastage and leaving things perfectly finished. With focus, we can complete even the task that now feel like impossible. People often neglect this fact try their best to make a difference in their lives by merely altering the surface. That may do good in the short term. But in the long term, it does nothing. We have to change ...
Post a Comment
Read more

Welcoming the fate

Marcus Aurelius once said " To welcome with affection what is sent by fate". He meant every word he said. It is possible to get ourselves to welcome the fate. It brings oppertunity and self control. Knowing that we can have the control of our being is powerful when it comes to being vulnerable with emotions.
Post a Comment
Read more

Finding solutions

How we see problems is the reason our solution is the way it is. We can confront a problem in a variety of ways. either we could solve it permanently or we could find a temporary one for instant relief. but the outcome is what often matters. The permanent solution leads to new outcomes, new opportunities, and therefore a new better problem. But the temporary comes with the same old problems every time.
Post a Comment
Read more

Power greed

The greed for power and money made humans do inhuman things. slavery was one of those the product of power greed. It began from the very personal level and extended to the macro level. We see geopolitical tensions arising among nations. We can observe the development ongoing to make themselves powerful. nations investing in military, science, technology, and economy has this side to show power than making the country a better place. This race to power blessed humans with a lot of inventions that modernized our life and made our lifestyles better. But the flip side is that it led to the greatest wars that humankind ever witnessed. It killed people beyond numbers and put a lot of lives miserable. Every event comes with pros and cons. The cons side requires years or decades to settle. the radiation effects in the nuclear-affected areas, slavery, climate change, plastic wastes, racism, caste, inequality, and man-made diseases are prime examples. 
Post a Comment
Read more