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Tag: business strategy

Modern Market Research Methods: A Startup Perspective

EDIT: Updated by adding competitive analysis, very important to benchmark competitors. EDIT2: Updated by adding experimentation (14th April, 2016) Introduction Somebody on Quora was asking about ‘tools’ for validating viability and demand for a startup’s products. I replied it’s not a question of tools, but plain old market research (which seems to be all too often ignored by startup founders).…

How to prevent disruption from happening to you? AKA avoiding the “Vanjoki fallacy”

Introduction A major issue of corporations is how they can avoid being disrupted. This is a commonly established issue, e.g. Christensen discusses it in his book “Innovator’s dilemma”. But I’m going to present here a simple solution for it. Here it is. Rule Number 1: Don’t look at absolute market shares, look at growth rates I call this the “Vanjoki…

Online ad platforms’ leeching logic

I and Mr. Pitk√§nen had a discussion about unfair advantage in business – e.g., a gift card company’s business model relying on people not redeeming gift cards, investment banker’s relying on monopoly to take 7% of each new IPO, doctor’s controlling how many new doctor’s are educated, taxi driver’s keeping the supply low through licenses, governments inventing new taxes… It…