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I agree. I started a company that has nothing to do with the web at all. After a few years, it has done quite well. It seems that many believe here that the o
by mediaman 17y ago
I agree.
I started a company that has nothing to do with the web at all. After a few years, it has done quite well.
It seems that many believe here that the only form of entrepreneurship worth pursuing is web-based apps, or, failing that, a technology-oriented company.
But many startups do quite well by innovating with business processes, targeting inefficient industries, or offering more traditional but innovative products to underserved consumers or businesses.
For example, furniture seller Design Within Reach beat the pants off their VC funded online competitors in the late 90s, using the massive innovation of a paper catalogue. This worked because the furniture industry had extremely poor customer service, and they figured out how to fix that by being an excellent reseller; they knew that "being online" was not a magic pill.
- jpwagner 17y agocitation needed...four steps to the epiphany page 17
- mediaman 17y agoGood catch, I'd forgotten where I'd read that story.
- webwright 17y ago"It seems that many believe here that the only form of entrepreneurship worth pursuing is web-based apps, or, failing that, a technology-oriented company." There are huge margins, opportunities for disruption, potential for capital efficiency, and huge scaling advantages for software/tech businesses (which is why they are popular with VCs and entrepreneurs alike. But there are obviously plenty of examples of offline business that prosper (or even grow like gangbusters). (Design within Reach is an awesome example, by the way)