Someone should write a business book called How to get ahead in Business - lessons from Wall Street.
Topics :
1] Try to lose money, or at least just break even. Never indicate how you plan to eventually make money without fundamentally breaking your business model.
2] Never announce specific numbers. Vague dreamy answers are best.
3] Crap out as many products as you can, in as many market segments. No focus is key. Dont forget rule 1, *dont* make money in these market segments
4] Do not have industry leading satisfaction rating scores. Junky products make users mad and post on forums requesting help. This is called marketing.
5] Always remember the one rule of design : More buttons, more bigger, is better,
6] Never control all aspects of your business. Instead have others create your software or design your hardware. That way you can always blame others.
7] Do not innovate or create new markets. Rest on past successes, even when they are way past their prime. Never disrupt yourself. Instead wait for others to do the work, then float for a few years in a deep slumber, then awake suddenly and pronounce your forthcoming market dominance purely based on past successes.
8] Plan all future releases by what the market wants. Youll end up with industry leading innovations such as the faster horse, and have
9] Never save money. Instead buy companies that the author of this great book has already invested in. Diversify into low margin industries, acquire random stuff, have a zillion redundant products, do not focus on quality. These are the things business school taught the author, so it must be right, therefore even though youve proven us wrong for over a decade, we are going to party like its 1997.
10] It is still 1997 right?
Topics :
1] Try to lose money, or at least just break even. Never indicate how you plan to eventually make money without fundamentally breaking your business model.
2] Never announce specific numbers. Vague dreamy answers are best.
3] Crap out as many products as you can, in as many market segments. No focus is key. Dont forget rule 1, *dont* make money in these market segments
4] Do not have industry leading satisfaction rating scores. Junky products make users mad and post on forums requesting help. This is called marketing.
5] Always remember the one rule of design : More buttons, more bigger, is better,
6] Never control all aspects of your business. Instead have others create your software or design your hardware. That way you can always blame others.
7] Do not innovate or create new markets. Rest on past successes, even when they are way past their prime. Never disrupt yourself. Instead wait for others to do the work, then float for a few years in a deep slumber, then awake suddenly and pronounce your forthcoming market dominance purely based on past successes.
8] Plan all future releases by what the market wants. Youll end up with industry leading innovations such as the faster horse, and have
9] Never save money. Instead buy companies that the author of this great book has already invested in. Diversify into low margin industries, acquire random stuff, have a zillion redundant products, do not focus on quality. These are the things business school taught the author, so it must be right, therefore even though youve proven us wrong for over a decade, we are going to party like its 1997.
10] It is still 1997 right?
