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Clifford Omojinefe
1 year ago - Translate

The Economics of Scale is achieved when a company produces higher quantities of a product at lower cost.

Category King companies enjoy economics of scale.

#thegrandplaybookofbusiness
Thank you for the opportunity to co-learn and co-share, Prof. #ndubuisiekekwe

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Ndubuisi Ekekwe

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But notice that your marginal cost begins to rise after Q2 which is a sort of diminishing returns. That is a typical industrial age plot. But for digital platforms, the curve goes to near zero (see below). That is now accelerating returns as you are not limited, making scalable advantage very high
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Clifford Omojinefe

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Thanks Prof. This is great. Digital innovations it is
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Clifford Omojinefe
1 year ago - Translate

Market Frictions are everywhere.

Even companies have frictions, that is why haven read the book “The Dangote’s System”, I feel every company or startup should be focused to becoming a Category King I.e. operations should be moved Upstream.

I highly recommend every innovator read that book.
I have a lot of questions for tomorrow’s live session...friends don’t miss it.

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1 year ago - Translate

If you must fail, fail fast. Agile methodology is very impressive for product design.

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Ndubuisi Ekekwe

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Welcome to the Hub
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Okimo Solomon

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Welcome Clifford
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