That is a process that requires a continuous feedback loop to develop a valuable product and build a viable business model. Continuous innovation is a mindset where products and services are designed and delivered to tune them around the customers’ problem and not the technical solution of its founders. Continuous innovation as a set of … Continue reading What Is Continuous Innovation And Why It Matters
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How to Think Like Yuval Noah Harari
An infallible investment strategy
Apps in the Apple Store follow five primary business model patterns: the free model where the app might make money via paid ads. Freemium model where the app charges for premium features; subscription-based model, paid model, and paymium model, which is a mix of paid and freemium. Free Model Users get those apps for free. … Continue reading How Do Apps Make Money?
Bounded rationality is a concept attributed to Herbert Simon, an economist and political scientist interested in decision-making and how we make decisions in the real world. In fact, he believed that rather than optimizing (which was the mainstream view in the past decades) humans follow what he called satisficing. A quick intro to bounded rationality … Continue reading What Is Bounded Rationality And Why It Matters