As we enter 2010, let’s reflect how much we have achieved so far and opportunities lie ahead of us. Although we’re resetting ourselves because of the global economic meltdown, still, the online, technology growth is stunning. Besides all the success, average entrepreneur, startup, small business faces increasing challenges: how to design online services that will stand out among millions, attracting and keeping customers, and taking advantages of this shift.
11. Globalizationincreasingly important “ Business is global, not the geography. That’s the only way to run the business ” Jack Welch Product Capital Human Technology
12. Ads: You can use Social Media to market your product, virtually at no cost but a lot of time invested to build contentsand conversations
45. Do not build a new community ..is a lot harder than you think They have won the battle why don’t you ride their waves, instead.
46. Do not create a new market unless your product is beyond belief and very innovative Less competitors could also mean the market is small
47. Do not obsess with your competitors They may be even more clueless than you are
48. Do not make advertising as your primarily revenue unless you’re sure that you’ll be the top 5 sites in your category Or you’re serving an exclusive market
49. Do not use viral as your primary strategy More and more people are immune to the viral strategies
50. Do not get intimidated by the big guys Likely, you’re faster and more agile
51. Do not offer many featuresin your first release Just focus on doing one thing very, very well. Acquire other features after extensive observations Twitter executes this approach very well
52. Do not optimize your design forVCs So, how big is the market (TAM)? What is projected revenue in 5 years? What is your exit strategy?
53. Got Ideas? Just do it! …millions of ideas out there here are just few things to get started…
55. Services on the top of cloud computing Offer an easy to use service for businesses Value Prop: Cost-Reduction Reliability
56. Global Service Rendezvous Millions of businesses around the world still do not know how to take advantage of Globalization. Not because lack of knowledge, but because lack of quality connections Product Capital Human Technology
57. Mobile Services 4 billions cell phones With SMS or Internet capabilities Yet, no players, because it’s highly fragmented, tightly controlled by telecom providers. Can you crack the code? Waiting for .. your killer mobile services, here.
58. Cloud Enabled Hardware In 2010s, as more and more data are stored in the cloud, We expect personal, work cloud data accessible from devices via services
59. IdeasEvolve Don’t search for perfect ideas, it’s very likely your ideas evolve as you work with early adopters, customers
60. More Importantly.. Find real problems that someone or business are having Great solutions sell, not ideas
62. 1 When you start your project, 1 Just focus on great experience that is10xbetter than any existing solutions
63. 2 In 2010s, the opportunities are tremendous Globalization Mobile 7 Billions Online: 362% worldwide growth Social Computing Cloud Computing So is the amount of noise See key-takeaway #1 to make your service stands up
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