Questions for Internet Entrepreneurs

Ten Questions for Internet Entrepreneurs

Posted by Sam Churchill on November 16th, 2010

Morgan Stanley analyst Mary Meeker, noted for her definitive PowerPoints on Internet growth, took the stage at Web 2.0 Summit to present her “Ten Questions Internet Execs Should Ask And Answer”.

Meeker expects smartphones will surpass PC and laptop sales next year, with more than 450 million units sold. By 2012, she expects smart phone sales will approach 650 million units.

Taking lessons from Japan, social networking will drive demand for smartphones, Meeker said. Four years ago, Mixi, Japan’s leading social networking site, drew about 17 percent of its page views from mobile phone users. In the past quarter, 84 percent of page views came from mobile phone users.

Meeker’s ten questions are:

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?

source : dailywireless.org