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In this episode I want to tell you: Why your smallest dream matters to the world.
Yes I know you always hear about, “economy of scale” and how good it is to be big and be able to swallow up the small guys, rule the world, Dictate the pace of the game, taking all there is to be taken.
The concept of Economy of scale propels companies to strive to expand, develop and penetrate into new markets and geographical territories. It is what gives them competitive advantage over the small scale organisations who also continues to complain about how lean, resource constrained and cash trapped they are. Start up entrepreneurs would often say “ if only we had the size and strength of that multinational organisation” and They end up fighting a lost battle, because it is “survival of the fittest”.
I tell you today, the tide is about to turn and has even already started. This is evidenced from a series of breakthrough technologies, discoveries and new business models that are making the old rule of “bigger is better” an obsolete philosophy.
By exploiting the vast (but cheap) audience afforded by the Internet, and taking advantage of a host of emerging, innovative and cutting edge business models , small becomes the new big.
All that matters today is creating a solution to the world’s problems and once it resonates with the world, you can go places.
The global business environment is decomposing into smaller yet more profitable markets, so businesses can no longer rely on scaling up to compete, but must instead embrace a new “economies of Unscale.”
This is same with your personal development; your career and life. It is why you must embark on personal innovation; thinking bigger about who you are, what you do and how you can impact the world in a unique way.
By Eric SeyramIn this episode I want to tell you: Why your smallest dream matters to the world.
Yes I know you always hear about, “economy of scale” and how good it is to be big and be able to swallow up the small guys, rule the world, Dictate the pace of the game, taking all there is to be taken.
The concept of Economy of scale propels companies to strive to expand, develop and penetrate into new markets and geographical territories. It is what gives them competitive advantage over the small scale organisations who also continues to complain about how lean, resource constrained and cash trapped they are. Start up entrepreneurs would often say “ if only we had the size and strength of that multinational organisation” and They end up fighting a lost battle, because it is “survival of the fittest”.
I tell you today, the tide is about to turn and has even already started. This is evidenced from a series of breakthrough technologies, discoveries and new business models that are making the old rule of “bigger is better” an obsolete philosophy.
By exploiting the vast (but cheap) audience afforded by the Internet, and taking advantage of a host of emerging, innovative and cutting edge business models , small becomes the new big.
All that matters today is creating a solution to the world’s problems and once it resonates with the world, you can go places.
The global business environment is decomposing into smaller yet more profitable markets, so businesses can no longer rely on scaling up to compete, but must instead embrace a new “economies of Unscale.”
This is same with your personal development; your career and life. It is why you must embark on personal innovation; thinking bigger about who you are, what you do and how you can impact the world in a unique way.