Groupon as a company - it's built into the business model - is about surprise. A new deal that surprises you every day. We've carried that over to our brand, in the writing and the marketing that we do, and in the internal corporate culture.
I didn't quite understand the DVD thing and why my husband was mailing it back. I couldn't quite wrap my head around it. But now that I'm deeply in, as a watcher of content, what a brilliant business model. As a consumer, it's empowering to choose what I want to watch and when I want to watch it. I have three small children, so I need that flexibility, in order to really get into a show. And being on a Netflix show, it's perfect timing. I feel so grateful.
What makes someone an artist? I don't think is has anything to do with a paintbrush. There are painters who follow the numbers, or paint billboards, or work in a small village in China, painting reproductions. These folks, while swell people, aren't artists. On the other hand, Charlie Chaplin was an artist, beyond a doubt. So is Jonathan Ive, who designed the iPod. You can be an artist who works with oil paints or marble, sure. But there are artists who work with numbers, business models, and customer conversations. Art is about intent and communication, not substances.
If Youku had adopted YouTubes business model, we just would not be here. We would not exist.
The problem is that many times people suspend their common sense because they get drowned in business models and Harvard business school teachings.
You're starting to see new record companies and business models taking shape, but it takes time.
It's extremely hard to build a company with a product that everyone loves, is free and has no business model, and then to innovate a business model. I did that with Kazaa, had half a billion downloads but that wasn't a sustainable business.
The problem with Wal-Mart is that it's a business model premised on offering the customer low prices at any cost - any cost to society, any cost to workers. They've got a lot of competition and have influenced people to follow their model through simply providing a model that is so successful at making profits.
I wrote newspaper articles professionally for seven years, and I love newspapers. I'm hopeful that new business models will emerge that allow the newspaper culture to genuinely thrive in the digital age.
Wal-Mart provides a chilling example of the damage that low-wage, nonunion corporations can wreak, and their business model is going to set the standards for our children unless we do something now. Wal-Mart is the sewer pipe through which good jobs are being flushed.
To me, the print business model is so simple, where readers pay a dollar for all the content within, and that supports the enterprise. The web model is just so much more complicated, and involves this third party of advertisers, and all these other sources of revenue that are sort of provisional, but haven't been proven yet.
You can look at the cost structure of an incumbent company and discover: where are they not going to be able to drop their prices... because that business model is fundamental to the existence of the company.
One is that that's the way we started and we thought there would be more value and less confusion if the business model was just based on delivering news that's of value to Web sites.
The business model of Linux distribution is broken; it's like the business model of the dotcoms. Running your company on Linux is like running your company on Napster.
What you want to do is innovate on your product and your business model, management structure is not where I would try and innovate.
The Cheesecake Factory is a great business model, but if you take your wife there for your 25th wedding anniversary, you might not reach your 26th.
Business plans are the tool existing companies use for execution. They are the wrong tool to search for a business model.
Energy and environmental regulation, transportation, and broadband policy all benefit when legislators have a basic grounding in the technical concepts behind business models, products, and innovation.
The business model of racing is not a pretty one.
We are an industry that has historically been at the forefront of defining new media environments in ways that benefit consumers and move our entire business model forward. We must ensure that while we are moving quickly, we are also moving smartly.
I very much want to be in the business of creating content, of doing stories all over the world rather than figuring out what the business model is for 'Newsweek' on the iPad, although that's very important work as well.
Whenever one or more components of a company's business model changes, new business models are created for supporting companies. The changes might involve niches served, new marketing angles or improved value propositions.
I think everyone should sell other people's stuff and their own stuff. I think everyone, almost everyone should mix those two business models.
The business models in enterprise have changed pretty dramatically. A huge problem with enterprise software traditionally has been usually you sell to the customer and then they adopt the technology. The great thing about 'freemium' and the new way enterprise software is being sold is you get to try it first and then buy it.
In my experience, in the real-estate business past success stories are generally not applicable to new situations. We must continually reinvent ourselves, responding to changing times with innovative new business models.
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