Home » Starting out! » Lets do a Xerox!

Lets do a Xerox!

One of my favourite quotes by Oscar Wilde is “Be yourself because everyone else is taken” and rightly so. But unfortunately, this principle doesn’t always apply to business.

People often merge two ideas together to make them bigger, tear them apart to create niches and magnetize them so they affect other industries. Well not exactly magnetize but you get the point.

In fact, imitation is by far the most effective way of developing an idea and for progressing it into various different directions. I am sure most of us know the story of Bill gates and Xerox. So, if you have read this far, you might be wondering “what is the point that I am getting at”.

The point is that for a startup or for someone starting a small business, without a lot of financial backing, it is often easier to go for an already existing idea. The main reason is that the customers are already educated about the industry/product and so it’s easier to beat your own drum. This is off course if you are adding some value that your competitors aren’t.

So, whilst you are trying to come up with an innovative idea, pay your bills by imitating someone else’s….Let the hacking begin.

 

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s