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After running Microsoft for 25 years, Bill Gates handed the reins of CEO to Steve Ballmer in January 2000. Services (Cloud, ads, music) have a very different businessmodel. Microsoft executed its 20 th -century businessmodel extremely well, but it missed the new and more important ones. What’s Missing?
After running Microsoft for 25 years, Bill Gates handed the reins of CEO to Steve Ballmer in January 2000. Services (Cloud, ads, music) have a very different businessmodel. Microsoft executed its 20 th -century businessmodel extremely well, but it missed the new and more important ones. What’s Missing?
CRM became more sophisticated, resulting in detailed monthly statements and targeted directmarketing. Add in sponsorships with payment brands (kind of like the co-branded credit card businessmodel) to eliminate remaining costs and fund additional word of mouth advertising.
Americas new businessmodel: Sharing. The dot-com boom of early 2000 saw a proliferation of similar anything-at-your-service start-ups. What distinguishes the latest generation of start-ups is a confluence of new technologies and more-efficient businessmodels that leave much of the logistical heavy-lifting to peers who share.
It’s transformed my life in terms of the freedoms I’ve had and what kind of life I’ve been able to live and what kind of business I’ve been able to run. I got out of the university in early 2000 and I never went on to a full-time job, so it’s always been an online business for me. I own my own house. Create a product to sell.
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