The Passion Economy: The New Rules for Thriving in the Twenty-First Century
Your value should be created slowly and carefully.
Adam Davidson • The Passion Economy: The New Rules for Thriving in the Twenty-First Century
“Most textile companies kept doing the same, safe thing, right until they collapsed.”
Adam Davidson • The Passion Economy: The New Rules for Thriving in the Twenty-First Century
Rule #8: Never Be in the Commodity Business, Even If You Sell What Other People Consider a Commodity.
Adam Davidson • The Passion Economy: The New Rules for Thriving in the Twenty-First Century
Only focusing your attention on those things that reach a relatively small and strongly opinionated customer base, things that are hard to do, will be worth your while. This is precisely why passion matters so much in this economy. Fortunately, our passions enable us to spend time doing things that we love but others would find hard, even maddening
... See moreAdam Davidson • The Passion Economy: The New Rules for Thriving in the Twenty-First Century
It’s even harder when the process is determined by imponderables like “hand feel” and “color story.” No wonder so few companies made this switch earlier.
Adam Davidson • The Passion Economy: The New Rules for Thriving in the Twenty-First Century
In the Passion Economy, you can capture value—sell and distribute things—on an unimaginable and unprecedented scale. It’s as simple as selling products on a website or using Twitter to get customers.
Adam Davidson • The Passion Economy: The New Rules for Thriving in the Twenty-First Century
Rule #6: Technology Should Always Support Your Business, Not Drive It.
Adam Davidson • The Passion Economy: The New Rules for Thriving in the Twenty-First Century
In a bite, one can taste the specific history and culture of this self-made, individualist, capitalist country.
Adam Davidson • The Passion Economy: The New Rules for Thriving in the Twenty-First Century
(even if they don’t realize they crave it until they first have a lick).