This week we continue unravelling the tactics that determine who becomes the dominant leader in the alluring winner-take-all markets. The logic of the digital economy makes these markets likely to increase in numbers and their impact will be huge. Understanding the power mechanisms that determine the outcome in these markets is no less than critical.
”The Winner takes it all, the loser’s standing small.” The lyrics of ABBA has become the soundtrack of the new digital markets. We see it over and over again these days, the almost inevitability of one company becoming the dominant market leader. Research shows that there are three processes that determine who will become the winner. Ignore them at your own peril.
Read More »How to win in winner-take-all markets (part 1)
Do successful entrepreneurs make decisions differently than others? Yes they do! This fact seems to be surprisingly unknown to most aspiring entrepreneurs and small business owners. When understood and applied it can have a profound impact on your venture.Read More »The 5 principles for making decisions like an Expert Entrepreneur
What makes someone an expert entrepreneur and how can I become one? This is the question I wanted an answer to when I started my first business some twenty years ago. We all want to increase the likelihood of success, right? Well it turns out that the science of expertise has an answer that is worthwhile reflecting on if we are serious about what we want to accomplish. Read More »How you become an Expert Entrepreneur – backed by science