Bait Your Hook; Catch a Winner from the Shark Tank
Three…that’s how many categories into which investors segment business ideas and the pitches by entrepreneurs. The first is that of “Market Maker”: think Bill Gates and Microsoft with the vision of putting “a computer on every desk and in every home” at a time when people didn’t have home computers. The second category is “Market Disruptor”: think Uber versus taxi cabs or Airbnb versus hotels and motels. Pitching a business in those categories is rare, as more than 85% of [...]