langreiter.com plain, simple: 2002-08-02-mStrategy

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2002-08-02-mStrategy

CREATED BY chris • LAST EDITED BY chris 8147 days AGO

Michael Saylor: "Years have gone by, and now we're seeing our customers have leap-frogged up. They've actually taken the software and they've actually built these applications, and they've taken them to a degree that we actually hadn't contemplated before. That's a much more stable configuration. If you are evangelizing your vision, it's a religion. But when your customer has already embraced the vision and they've one-upped you, and they're just asking you to provide them with infrastructure to realize the vision, that's a business." — Ergo: From a business viewpoint, visions suck.

"I would say that as a lesson learned, it's in the best interests of any entrepreneur to try to keep their business model as simple as possible, and try to keep their accounting as simple as possible. The more complicated your business gets, the more you rely upon the advice of expert accountants and lawyers, and the less you're in the business of being a technology entrepreneur, and the more you're in the business of being a financier."