Business Model Innovation Quotes

Traditional businesses can say, 'We're going to sell widgets to people, and it will make X amount of profit.' But new business models are hard.

As an entrepreneur, as an investor, I'm trying to be as educated as I can to where the progression of technological capability is going and what it does to these different categories that, me as an artist and an influencer, I can get involved and bring value.

With tough interpretation of taxi and zoning regulations, neither Uber nor Airbnb would have gotten started. By the time many cities recognized their existence, both were fairly large and had the political support of their customers.

For the first time we're allowing developers who don't work at Facebook to develop applications just as if they were. That's a big deal because it means that all developers have a new way of doing business if they choose to take advantage of it. There are whole companies that are forming whose only product is a Facebook Platform application.

Uber, the world’s largest taxi company, owns no vehicles. Facebook, the world’s most popular media owner, creates no content. Alibaba, the most valuable retailer, has no inventory. And Airbnb, the world’s largest accommodation provider, owns no real estate.

The emergence of Uber X was really the most important pivot maybe in the history of Silicon Valley. It's a vast majority of Uber's revenues, and so that flexibility and the rapid growth and the fighting the battles, it's all Travis. You can't take any credit away from him.

Every single industry is going through a major business model and technology oriented disruption.

It's not about revenues: The fundamental economics in digital business is scale and margins. The top line has become the bottom line.

I take a lean-startup approach: creating agile, interdisciplinary teams that get the minimum viable product to market as soon as possible. It's my job to be entrepreneur-in-residence, an internal change agent.

Innovation and disruption are the hallmarks of the technology world, and hardly a moment passes when we are not thinking, doing, or talking about these topics.

Decades before we were able to articulate the value of 'getting out of the building' and the Lean Startup, the value in having skunk works controlling their own distribution was starkly evident.

If you look at innovation, it doesn't just occur in the lab.

When we look at investing, we always think about 'how defensible is this, how likely is it that somebody is going to copy this.' E-commerce tends to be something easy to copy because it's execution.

Darwinism may be a fine theory in other contexts, but in startups, intelligent design works best.

The process of writing 'The Innovator's Dilemma' entailed the developing a new theory. My colleagues, students and I have been improving that theory, and adding others to it, since that time.

TOMS is no longer a shoe company... we're a one-for-one company.

As newly created P2P businesses disrupt the status quo and compete with established companies, they face the difficulty of fitting a square peg into a round hole when it comes to existing regulatory regimes that don't contemplate their business models.

What you want to do is innovate on your product and your business model, management structure is not where I would try and innovate.

They're protecting an archaic industry. They should turn their attention to new models.

I wish the company and its associates all the best as Sears Holdings continues on its transformation.

At Amazon, we were not working with the e-commerce division but with the Web services team. We started Flipkart completely from scrap. Moreover, the whole shopping behaviour and infrastructure challenges in the Indian market were different from that in the U.S. and European markets.

Uber is redefining the transportation industry now; Airbnb is doing it to the hotel industry. You can expect that to happen in every single industry.

It's important to remember that innovators in business don't always get a platform.

Before you can change your industry positively, you need to understand how to go about doing so.

The digital business is a fantastic business to be in. The only thing you have to do is build a cost structure for a declining business, which is different from the structure for a growing business.