I wrote the initial piece last Thursday about the power of tribes in your business. And then I found some new info.

A big part of Seth’s message in the book tribes was about challenging the status quo come with being a leader, and being a first or early adopter of new business models.

Because of this you going to make some mistakes and some of the new things you test now will fall flat.  But these failures will lead you closer to success and maybe the thing which ensures your organization survives while others and industry parish and go into bankruptcy.

Here’s a good example:

I just saw this article where there’s a startup airline attempting as pay-as-you-go model. There borrowing the idea from cell phone companies and targeting a very specific market.

This is what Seth is talking about in his book…leading industries into new business models. Also, a good sign is one “industry competitor” says it’s “Airtime’s fares are a gimmick that can’t be sustained.”

So it’s clearly being challenged and mocked by the management of the industry who wants to protect the status quo, to fight change.

I don’t know if this new business model will work for them but if you never take any risks you never get any rewards. That much I’m certain of.

Startup Airline goes to pay by minute model

Weigh in with your opinions in the comments.

Originally posted 2009-01-12 09:13:49. Republished by Old Post Promoter

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