Mary Meeker: Ten Questions All Internet Businesses Should Ask And Answer
In her 2010 version of 'State of the Internet' presentation, Mary Meeker, who is a Wall street analyst famous for her understanding of Internet trends, lists out 10 questions all internet executives and entrepreneurs must answer:
1. Globality — Do you know which players in which countries do what you do better (or at least differently) than you do? Do you study / implement it?2. Mobile — Ramping faster than any ‘new new thing’ – is your business leading or lagging?3. Social Ecosystems — Would you rather be Apple, Google or…Facebook? Will their future directions help / hurt your business?4. Advertising – Ripe for innovation – will your business benefit?5. Commerce — Products must be fast + easy + fun. Do humans want everything to be like a game?6. Media — What does the extraordinary ramp in on-demand video usage mean for your business?7. Internet Company Leadership Evolution — Shocking changes over just 6 years… are you prepared for next half decade of change?8. Steve Jobs — What’s his ‘secret sauce?’ Does your company have it?9. Ferocious Pace of Change – What’s Next in Tech? — When do consumers / enterprises & incumbents / attackers need you?10. Closing Thoughts – Large companies do not typically support rapid growth rates of the magnitude that follow..will these trends continue?
I would add this for entrepreneurs: Are you building to sell out or are you in for the long haul?