Andrew Ferenci is the 24 year old co-founder of Spinback, a social commerce platform for retailers. Now part of Buddy Media.

I like remote controlled toys, cars, and ski trips.

 

Clay Christensen’s Milkshake Theory

Great article on Clay Christensen’s Milkshake Theory. Major point taken from the article is that entrepreneurs should understand the “job” the customer wants done and build a product that properly fulfills that need. The most successful companies (including Swiffer!) have followed this simple concept. Avoid the “feature-creep” and just make the best tool for the job.

Food for thought for any entrepreneurs (me included) who have suffered from complusive-target-market-researchitis. 

  1. andrewferenci posted this