Disruptive Innovation

These articles about disruptive innovation were very interesting to me. One little idea could change the future for another company and millions of people. Someone who just wanted to improve on another idea ended up turning it's world upside down. Blockbuster seemed like it was a strong business, then Netflix came out and they went bankrupt. It's scary that with the rate that technology is improving these days, that can happen, and it can happen fast. Who knows what company or business will be next to be Netflixed, right now it looks like college is about to be Netflixed.

With the way that colleges insist on staying in their old fashion ways and with the prices as high as they are, I'm sure it is only a matter of time before people start revolting and going to more unconventional schools and taking online classes. These schools refuse to change and that was the mistake that blockbuster made. They thought Netflix was only going to be a niche market, but it ended up taking over the entire market. There's a saying that goes, “If you're not moving forward, you're moving backwards.” There is no remaining idle anymore. Either advance yourself or your company, or get run over by someone who wants to advance.

When I think about staring a business, I am thinking about businesses that people are going to need in the future, not just something that is a fad right now. I am thinking about things that will always be around, or at least in the foreseeable future. I think there are very few things that are always going to be around; we will always need food and water, shelter, and clothes on our back. These are the things that I think about when I think about starting a business. I don't want to be able to get Netflixed out of what I am doing. I want it to be stable and I want it to be able to grow and prosper. Disruptive innovation can be a great thing for some, but can also be deadly to others. I want to make sure that I am on the right side of it when it comes to effecting me and what I do.