What is the market share of BMW? Maybe 1 or 1.5%. But when one drives by, you either have one, or you wish you had one. Build products that people lust after; if you can do that, you don’t have to worry about market share.
Paraphrasing Steve Jobs, via an episode of This Week in Startups.
How WhatsApp’s Arora Sealed Facebook Deal – Digits – WSJ: Time spent on PR is time not spent ‘making your users happy,’ Arora said. ‘The users you get from press and hype are not the best users.’
Microsoft has its third CEO in its entire history (started 1975), Satya Nadella. Some choice quotes & thoughts…
What drives me every morning and what keeps me up every night is one thing: this business is not about longevity, it’s about relevance.
Via his letter to his employees:
Our industry does not respect tradition — it only respects innovation.
Many who know me say I am also defined by my curiosity and thirst for learning. I buy more books than I can finish. I sign up for more online courses than I can complete. I fundamentally believe that if you are not learning new things, you stop doing great and useful things.
This starts with clarity of purpose and sense of mission that will lead us to imagine the impossible and deliver it. We need to prioritize innovation that is centered on our core value of empowering users and organizations to “do more.”
I truly believe that each of us must find meaning in our work. The best work happens when you know that it’s not just work, but something that will improve other people’s lives.
Not sure about this “one microsoft” idea (I hear too much of 1Malaysia), but the elements required to aspire to change the world stand strong: talent, resources, and perseverance.
Definitely an exciting time to see what Microsoft can bring to the table. Not to mention that opensource and cloud computing is pretty much everywhere these days…
“I’m told that there is a Chinese proverb that says:
If you want one year of prosperity, then grow grain.
If you want 10 years of prosperity, then grow trees.
But if you want 100 years of prosperity, then you grow people.”
(Via Remarks by President Obama and President Hu of the People’s Republic of China in an Exchange of Toasts at State Dinner | The White House)
Lunch with the FT: Tadashi Yanai – FT.com: “‘Scale has no importance on its own,’ he shoots back. ‘But unless you have scale, you may not be able to stay alive or competitive. Unless you have scale, you can be bought by someone else or you may go bankrupt.” – Tadashi Yanai, Fast Retailing, makers of Uniqlo.
It’s not a classic mistake to prioritise scale over profits. The above statement is spot on about scale.
I cannot say this better than Dustin Curtis can, so read it: What a stupid idea.
They saw the future and they built it. But for some reason, my first reaction to their earliest attempts wasn’t to give them the benefit of the doubt–it was to immediately find problems and then dismiss their ideas.
The future is extremely hard to see through the lens of the present. It’s very easy to unconsciously dismiss the first versions of something as frivolous or useless. Or as stupid ideas.
We all talk about being disruptive, but how many people say things like “the relational database market is a $9bn market, I want to reduce it to a $3bn market and take 1/3 of that”? Saying is one thing, having the vision is another. That was me paraphrasing Marten Mickos (former CEO, MySQL – exit $1bn) speaking to Danny Rimer (partner, Index Ventures).
I live by the mantra that the best way to predict the future is to engineer it (via Alan Kay) and that the future is wide open.