Displaying posts tagged with

“business model”

I Won’t Steal Your Idea

As a consultant to various small businesses, I’ll be approached by people to discuss their business, and ideas for how they might expand. Since I’m also in the business of application development, I’ll also hear about their ideas for new websites. Sooner or later (usually sooner) they’ll raise the question: How do I know you [...]

Economy of Scale and a Bad Idea

Most people are well aware of the concept of economy of scale – it’s cheaper to buy the huge box of cereal that could feed a family of 10 for a month than to buy the small box that could feed you and your spouse for two weeks. When you buy a lot, the price [...]