The term Platform Company has invaded our business lingo. Over the past several years, the push for traditional companies to evolve into platform companies grows stronger. Few companies have made this transition, in part, because few understand what a platform company is. I tackle this topic and try to provide some clarity and foundational knowledge in this months issue.
What the $%#! is a Platform Company
Apple's App Store is the killer platform that has made the iPhone what it is today
I have competed against platform companies almost my whole career. I started my career in 1997, 3-years after Amazon launched. 10-years into my career, Apple iPhone launched with the App Store. 2 years into my career, Salesforce launched in 1999. I had just started a sales role and remember signing up for a free account to use as my customer relationship management system. As these companies grew, and the term “Platform” was coined, I had been using and competing with them for 15 years. [Read More]
The key to business success is not a single innovation or one plan. It is the act of turning the flywheel, slowly gaining momentum and eventually reaching a breakthrough.
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I believe in the concept of relevancy as a key ingredient to success. Relevancy requires constant learning, challenging norms, and embracing the future. Welcome to Day One, where we cover a wide variety of topics, with a personal perspective, weaving in our own experiences to bring the topics to life. Our topics vary based on reader input, social and life events, and topics that may be just top of mind for us.
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