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by petra
3672 days ago
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But still, you can try to steer towards being disruptive when your choose your idea: you select unserved/underserved markets, or markets you can serve at lower profits than the incumbent, and do so using technologies you think can improve enough in performance/quality to compete with the incumbent while still having lower costs(which is a good way to choose a tech anyway). And sure it doesn't guarrantee anything, but it increases your chances of disruption. And with that, you still need to build a strategy and find barriers to entry. because (a)companies are more prepared towards disruptive innovation today , and (b)if you don't have good barriers to entry, once you become a threat, the incumbent will copy you. |
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