The four pillars of success
In thinking about what are the core disciplines that an entrepreneur needs to master and understand in order to succeed, I came up with the following:
Success can be built by strategically focusing your company’s core competency and developing it’s strengths in the areas or intersections (but choose wisely), then partnering with companies who have competitive advantages in other intersections of the ecosystem.
For example, a financial company will have it’s main focus in the top left quadrant, but to be successful it still needs a strong technology partner to develop it’s systems, and to imbue its employees with great people skills. And also, someone has to design it’s brand image, right?
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