Mayo615's  French Odyssey Report Week 28
Channel: Mayo615
Date: 2019-10-17

Hello! 
Welcome to the Week 28 Update of Mayo615’s French Odyssey and how to transform Big Ideas into Big Realities. How can a new small company quickly establish leverage over its competitors? One way is finding a new and better way of conducting business, and enlisting partners and even competitors to join in. 
Examples abound of both de facto industry standards, and more complex technical standards that have resulted in major market growth benefiting all. Global shipping containers is an early example that transformed the shipping industry. USB is a technical standard that required both technical definition, politics, and the approval of an international standards body. But both results were the same. A small startup that can envision the potential for a new standard that can attract partners, customers, and even competitors, can build a bandwagon. Pre-empt the market: enter early, attract key customers and adopt market penetration pricing.  I know it can work because I built my own career on doing exactly this. 
I have added an Entrepreneur Resources playlist to this YouTube Channel, and remember the 400 plus posts on my blog, mayo615.com.
That’s my management and technology update for this week. We look forward to your comments and questions. We will respond to all comments and questions and may feature comments in our update videos. If you like what you see here, recommend us to others and lick here now to SUBSCRIBE