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Growth via Simplicity
“The lesson: Growth is best achieved by making things simpler for your customer rather than for you.” Another great article from Harvard Business Review (register to read full articles). Â The McDonalds case study is illuminating and I’ll let you read it, but the real less is making your product work for your customer, not for you. I love that stat that says 64% of cunsumers say they would pay more for a simpler and more convenient experience. Â That reminds me of a recent tweet where a large desk phone manufacturer showed a video of a user ordering a pizza via the browser on the desk phone. Â My response was…
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Role of Luck in Business
There was a lot of talk about luck this summer!  Mostly due to this paper outlining a well-done lab experiment on luck. Additionally the MIT Technology Review (a great resource for business information, especially if you are looking for advice and commentary with a technology bent) had additional analysis. Especially in America, we see success as the natural fallout of talent + hard work.  But does hard work always (or every) guarantee success?  How about talent?  If so, how do they factor in?  If I work 10% more than you (44 hours vs. 40 hours) will I earn 10% more?  How about investors who earn 1,000 times what some people…




