
The difference between market takers and market maker isn't product innovation, it's Business Model Innovation. - Vala Afshar.
Today, the world's largest taxi company, Uber, owns no taxi. Largest accommodation provider, AirBnB, owns no real estate. Largest phone companies, Skype and WeChat, own no Telco infrastructure. World's most valuable retailer, Alibaba, has no inventory. Most popular media owner, Facebook, creates no content. Fastest growing banks, SocietyOne, have no actual money. World's largest movie house, Netflix, owns no cinemas. Largest software vendors, Apple and Google, don't write the apps.
Today, the single most critical competitive advantage that businesses have over each other is Business Model Innovation. If you have an MVP & need to strategize the viability testing in the market, feel free to sign up for BMI iterations.
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