Small is the new big

Published June 6th, 2005 edit replace rm!

Seth Godin hits it again. Small is the new big he claims. This is what I’ve been claiming for years now:

Small means the founder makes a far greater percentage of the customer interactions. Small means the founder is close to the decisions that matter and can make them, quickly.

Small is the new big because small gives you the flexibility to change the business model when your competition changes theirs.

Small means you can tell the truth on your blog. Seth Godin

In Bootstrapping a business versus playing a business I write about the importance of sticking to the core business and not going through the trappings of acting like a “big business”.

I think that is one of the big lessons we all should have learnt from the dot com boom/burn. I see almost all the successfull startups follow the small route, but unfortunately there are also many who keep going down the traditional eternal loop of writing business plans and seeking funding, while they really should be focused on their business.

What we really need now is a CEO, CFO, HR person etc. No!!! Focus on your business is the only thing you need.

About me

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My name is Pelle Braendgaard. Pronounce it like Pelé the footballer (no relation). CEO of Notabene where we are building FATF Crypto Travel Rule compliance software.

Most new articles by me are posted on our blog about Crypto markets, regulation and compliance

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