Paul listed about 21 trends he noted in the business that were worth noticing and possibly use. I couldn’t list them all, but this is the point of a WIKI
Trend 1: Innovation
Trend 2: Software (can still make money)
Trend 3: efficient marketing (with direct communication)
Trend 4: measurement – “you make what you measure”, so make sure you measure the right thing (Downloads?)
Trend 5: United States
Trend 6: Silicon Valley
Trend 7: Small companies (it used to more efficient to be big, but this advantage is eroding)
Trend 8: Inequality
Trend 9: Moore's Law (sort of - still true, but getting harder to tap, i.e. multi-core)
Trend 10: Looking at screens – people will spend most of their time looking at screens in future
Trend 11: Server based apps – long run still. More complicated.
Trend 12: Super good customer service – customer switch. Be good with customers
Trend 13: Facebook – Do not ignore something that looks frivolous
Trend 14: Program languages. Use it if there is a market that become popular – Do not overlook something because it is “scripting language”
Trend 15: Open source is worth betting on
Trend 16: Linux – open source when design starts, and everyone cannot do good desigh
Trend 17: Iphone is really a big thing
Trend 18: Design
Trend 19: Real time – Google wave, Twitter
Trend 20: Venture founding needs you, so they won’t go away – Do not go to business schools.
Things not to bet on:
- Credentials granted by institutions.
- Business school.
- Government changing.
- Copyright.
- Restricted flow of information.
Comments (1)
Robert Elison said
at 8:01 pm on Nov 17, 2009
Added a few more from my notes. I must say that #5/6 struck a bad note for me given the highly international nature of the audience!
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