Posts Tagged ‘Google’

Facebook Time vs. Google Time

Tuesday, June 1st, 2010

Our experience of time, as we all know, is elastic.  When you’re stuck in traffic and late for an appointment, every minute can seem like an eternity.  When you’re sharing good wine and stimulating conversation with friends, on the other hand, hours can pass like minutes.

Time exhibits similar elasticity when it comes to putting information in context.  When you’re a sales manager with the end of the quarter bearing down on you, you want to see all of the big proposals waiting for customer approval now.  But if you don’t make your numbers for the quarter and want to figure out why, you’ll probably want to be able to review the histories of key deals as they progressed over time—so you can figure out how they may have gotten derailed.

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Wealth by Access

Tuesday, April 6th, 2010

Venice rose to power and great wealth in the Middle Ages not because of its own natural resources or productive capacity—but because it uniquely provided access to the silk, grain, and spices of other lands.

Many of America’s greatest family fortunes can likewise be traced to the railroads that accessed the collective agricultural and industrial productivity of a growing nation—rather than to the farms and factories themselves.

Google serves as a contemporary example of this same principle.  Google didn’t generate wealth by producing information, goods, or services.  It did so by providing access to those things.

These examples and others highlight a fundamental principle of commerce.  Often, the best way to create the most wealth isn’t to produce a limited number of things of value.  It’s to provide access to a great number of things of value.

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