LEGEND JERRY

Currently interested in hyperspectral imaging & NeRFs.

disruptive innovation

A couple of years ago I first heard the story of Markus Frind, the founder of dating website PlentyofFish.com who, it was said, worked about an hour a day on his site and was making $10,000 a month. That was annoying enough. Now, a recent profile of Frind in Inc. magazine says Frind works an hour a day and brings in $10 million a year.

I bring this up not to annoy you, but to point out that Frind has built his fortune mainly by following the disruptive playbook. His “blueprint,” as he described it to Inc.: “Pick a market in which the competition charges money for its service, build a lean operation with a “dead simple” free website, and pay for it using Google AdSense.”

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via Innoblog by Renee Hopkins Callahan on 1/13/09