Scout for upside surprises.

The qualities needed to succeed in the network economy can be reduced to this: a facility for charging into the unknown. Disaster lurks everywhere, but so do unexpected bonanzas. But the Great Asymmetry ensures that the upside potential outweighs the downside, even though nine out of ten tries will fail. Upside benefits tend to cluster. When there are two, there will be more. A typical upside surprise is an innovation that satisfies three wants at once, and generates five new ones, too.



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This is a blog version of a book of mine first published in 1998. I am re-issuing it (two posts per week) unaltered on its 10th anniversary. Comments welcomed. More details here.
-- KK