Clifford Omojinefe

2 years 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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1613834820

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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1613835089

Thanks Prof. This is great. Digital innovations it is

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2 years 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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2 years ago - Translate

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

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changed his profile picture

2 years ago

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1612103857

Welcome to the Hub

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1618481726

Welcome Clifford

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2 years ago - Translate

Ndubuisi Ekekwe

Clifford Omojinefe

2 years ago - Translate

2 years ago - Translate

2 years ago

Ndubuisi Ekekwe

Okimo Solomon