#567 Co-Founder Marc Randolph Shares Why Everyone Doubted Netflix’s Success
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On this episode of The Small Business Radio Show…
SEGMENT 1, starting at 0:00: One of the […]
Guest Post: 2011’s Top Business Model Blunders
Today’s guest post is from Jim Muehlhausen CPA, JD, founder of The Business Model Institute.
Each year, The Business Model Institute polls their readers to find the biggest business model blunder. Here is the 2011 list of business model mistakes:
The Lazy Consumer
As a group, consumers are a lazy bunch. Once we start moving in a direction, it is hard to get us to switch to do something else. The switching costs may not be high, but we keep buying and shopping the same places we always do. Just because. Retailers and service providers count on this. […]