The Power Law

From Gary Hemmel's Outrunning Future

Out of 1,000 crazy ideas, only 100 will merit serious consideration. Of those, only 10 will be worth a serious investment, and out of that modest bundle, only 1 or 2 will have the power to transform a business or spawn a new one.

Many innovative companies like Google, Microsoft, Amazon get this. That is why they are constantly innovating, releasing new products, endlessly trying out new features, new variations.

Posted via email from Dorai’s LinkLog