Disintermediation (and Used Cars)
2020-08-07
Disintermediation is when someone cuts out the middleman.Keep Reading
Competitive Advantage (And Moats)
2020-08-03
Competitive advantage is what makes a company more successful than its competitors, and keeps them from challenging its dominance.Keep Reading
Freemium (and Brutal Competition)
2020-07-31
Freemium is a business model where an app or web service has a both a free version and a ‘premium’ (paid) version with better features. Keep Reading
Scale (and Skyscrapers)
2020-07-20
Scale is size, or the ability to grow to a huge size.Keep Reading
Segmentation (and Winning Elections)
2020-07-07
Segmentation is about dividing your market into subgroups of people who want different things, then figuring out how to win their business.Keep Reading
Differentiation (and Haircuts)
2020-07-07
Differentiation is how you make your product stand out from the crowd.Keep Reading
Supply Chains (and Sundaes)
2020-07-07
A supply chain is where a product comes from: including all the factories, farms, warehouses, ships, trucks and planes that create and deliver it.Keep Reading
Vertical Integration (and Apples)
2020-07-01
Vertical integration is when one company controls everything needed to produce and deliver its product to consumers.Keep Reading
Core Competence (and Fluffy Muffins)
2020-07-01
Core competence is what your business is really great at.Keep Reading
Pivoting (and Uphill Battles)
2020-05-30
Pivoting is making whatever changes you must, however dramatic, to reinvent your business if it stops working.Keep Reading
Optionality (Who Do You Like?)
2020-05-01
Optionality is a business term for ‘keeping your options open,’ or finessing a situation so you don’t unnecessarily close off options.Keep Reading