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It's interesting to me how two of the biggest innovators today, Bezos and Musk, have done so while defying conventional wisdom. Conventional wisdom is to focus
by Touche 9y ago
It's interesting to me how two of the biggest innovators today, Bezos and Musk, have done so while defying conventional wisdom.
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.
- SpoilerAlert 9y agoAmazon started with books, if I remember correctly. Then they expanded which many businesses do. Musk is a bit different.
- Touche 9y agoBusinesses expand, but not in the way the article describes. Most businesses pick segments to expand into, whereas Amazon expands into everything that they touch.
- BraveNewCurency 9y agoNot sure why this was downvoted. I think it was an interesting observation.
- Broken_Hippo 9y agoAmazon 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.
- swalsh 9y agoTheil 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.