Re:Why Amazon is eating the world
by Broken_Hippo on Monday May 15, 2017 @12:30PM
(#14342872)
Amazon has focused on being an online retailer, be it weird art stuff or movies or storage. They divested what they focused on - which again, is pretty common. Look at P&G, for example. Or Nestle.
Theil says, the secret is to ask yourself "What do you know to be true, that everyone else assumes to be false" and to do that thing.
Re:Why Amazon is eating the world
by SpoilerAlert on Monday May 15, 2017 @10:50AM
(#14341978)
Amazon started with books, if I remember correctly.
Then they expanded which many businesses do.
Musk is a bit different.
Businesses expand, but not in the way the article describes. Most businesses pick segments to expand into, whereas Amazon expands into everything that they touch.
Re:Why Amazon is eating the world
by BraveNewCurency on Monday May 15, 2017 @11:22AM
(#14342258)
Not sure why this was downvoted. I think it was an interesting observation.
Conventional wisdom is to focus on your company's core product, don't overreach. Amazon is succeeding by focusing on everything.
Conventional wisdom is that growth in technology is in cloud technologies. Musk is succeeding by focusing on meatspace infrastructure.