Jot 72

Ten Characteristics of Great Companies, By Fred Wilson

kylewritescode:

jschwa:

Original Post

1) Great companies are constantly innovating and delighting their customers/users with new products and services.

2) Great companies are built to last and be independent and sustainable. Great companies don’t sell out.

3) Great companies make lots of money but leave even more money on the table for their users and partners.

4) Great companies don’t look elsewhere for ideas. They develop their ideas internally and are copied by others.

5) Great companies infect their users/customers with their brand. They turn their users and customers into marketing/salesforces.

6) Great companies are led by entrepreneurs who own a meaningful piece of the business. As such, they make decisions based on long term business needs and objectives not short term goals.

7) Great companies have a global mindset. They treat every person in the world as a potential customer/user.

8) Great companies are attempting to change the world in addition to making money.

9) Great companies are not reliant on any one person to deliver their value proposition.

10) Great companies put the customer/user first above any other priority.

Today, I was in a public restroom when the girl in the stall next to me started asking me how I was doing. Thinking it was weird but not wanting to be rude, I answered her questions. Halfway though our conversation she said: “Hold on, the girl in the stall next to me thinks I’m talking to her.” FML

fmylife:

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vivia:

fmylife:

Today, my cousin and I found out that when a girl puts a flower in the right side of her hair, it means she’s available. The bigger the flower, the more available she is. My eleven year old boy cousin told me to “cut down a palm tree and put it in my hair”. FML