By Étienne Garbugli | August 30, 2011 | 0 Comment
It’s easier to ride a wave than to set one in motion.
Meaning… your company may be better off creating offers that complement the market’s big player’s than trying to create trends and slice the market in a different way.
Building in the shadows of large companies can be very interesting but, it requires a different approach to identifying market opportunities.
If your business is able to identify gaps in large companies’ portfolios, understand where they’re heading (what they will and will not build) and create the toys or features they’ll want to play with in the future, you can be very successful.
It can be risky business – maybe you’re wrong – but, if you can:
…you just might get bought out.
Etienne works at the intersection of Technology, Product Design and Marketing. He’s a two-time Startup Founder, a four-time entrepreneur and a UX research expert. Etienne published Lean B2B: Build Products Businesses Want. The Lean B2B methodology helps entrepreneurs around the world build successful businesses.