Features That Matter Most

Companies like Google and Netscape knows what it takes to run a successful business. It is the business model, and not the product that determines success or failure of software companies. That’s what many start-ups have unhappily discovered for themselves.

I’ve still much to learn, yet something have learned on what start-ups should better do:

1. -remain a “product company” long enough to build a customer base, before offering customization and services
2. -run the business independently from distribution channel
3. -avoid appointing the chief engineer as business manager.

Fountain of Youth

I’ve been thinking about companies pursuing longevity.

Companies are not around forever, though a common view is that permanence is good. That’s why companies build huge headquarter buildings. The reality is that the average life expectancy of all firms is only 12 years. Some [Link to Arie De Geus] attribute mortality to managers focus on the bottom line, rather than human factors.

Greatness is fleeting, friends: places with the highest growth rates have the highest rate of corporate mortality. My company? It’s the exception that proves the rule.