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Don’t Have An Exit Strategy, Instead Focus On The Value Your Business Provides

Don’t have an exit strategy: You shouldn’t start a business with the goal of selling the company. Instead, focus on creating real value for others… “The success of a business really lies on the value it provides,” he says.

Source: This CEO was a millionaire at 22, went nearly bankrupt, and now runs a $100 million business – Business Insider

Several years ago, while just getting introduced into the world of startups and entrepreneurship, I was privileged to be part of a conversation between two persons. One an entrepreneur who had built and exited a couple of business, and the other a guy who is starting to build one.

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Everything the tech world says about marketing is wrong | TechCrunch

While marketing take its play from decades of practice, digital marketers are using newly coined terms without understanding how or why these terms were created and used for it’s true purpose. Examples being; Content Marketing, In-bound Marketing and most recently, Growth Hacking

The biggest problem in marketing in the tech world today is that too many marketers do not know the first thing about marketing.

Digital marketers — who, as marketers, really should be cynical enough to know better — have fallen into an echo chamber of meaningless buzzwords.

Source: Everything the tech world says about marketing is wrong | TechCrunch

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Online Companies Have Created a “Meaningless Economy” | Big Think

We are now in an economy of ‘likes’. Growth Hacking means that business no longer depend on the value of traditional economic exchanges but instead on selling of user data. What happens to the real economy when all business become an advertising business and nothing real get sold but likes and shares?

Companies like Facebook no longer depend on traditional economic exchanges to turn profit, so what does this mean for the consumer? When we’re not paying money, we’re paying in other ways, says Douglas Rushkoff.

Source: Online Companies Like Facebook Have Created a “Meaningless Economy” | Big Think