“ LESSONS FROM THE PAST”
Lets take a look at the business model. CollegeClub. com allowed users to sign up for free, create profiles, communicate with each other, and post pictures online. Once it attracted a certain number of users, the site was then able to sells advertising to businesses looking to sell to this highly impressionable market with loads of free time and disposable income. Marketers know that if they can hook a customer in college, they may have them for life.
Both MySpace. com and Facebook. com used this same model so why did CollegeClub. com fail?
Innovation
is not taking someone else ' s product or intellectual property and finding a way to use and pass it off as your own idea. There are ways for us all to work together but it starts with transparency, accountability and people that are willing to evolve in collaborative endeavors!
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