Part 2 of my mega-post on the Passion Economy & disruption theory is here!
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The Passion Economy has massive disruptive potential, as it connects non-producers with non-consumers. What are the downstream implications of this? https://li.substack.com/p/four-implications-of-disruption-theory">https://li.substack.com/p/four-im...
The Passion Economy has massive disruptive potential, as it connects non-producers with non-consumers. What are the downstream implications of this? https://li.substack.com/p/four-implications-of-disruption-theory">https://li.substack.com/p/four-im...
There& #39;s 4 major implications of disruption theory on the Passion Economy:
1) Multiple industries are under siege
2) The TAM of the Passion Economy is huge but unknowable
3) Success isn& #39;t guaranteed
4) Incumbents arenât going to build for the Passion Economy; startups will
1) Multiple industries are under siege
2) The TAM of the Passion Economy is huge but unknowable
3) Success isn& #39;t guaranteed
4) Incumbents arenât going to build for the Passion Economy; startups will
"Any industry that is a talent-based industry is at risk of disruption. The Passion Economyâs scope extends into any industry where the customer doesnât view the product/service as a commodity, but cares deeply about the specific individual involved in its creation."
I wrote about a number of industries I predict will see disruptive threats from new Passion Economy models: MBA programs and higher ed, K-12 education, media, health and wellness, etc.
And in case you missed it, part 1 of this post details the parallels between Clay Christensen& #39;s theory and the Passion Economy. I recommend starting there! https://li.substack.com/p/how-the-passion-economy-will-disrupt">https://li.substack.com/p/how-the...
Big thank you to my collaborator @cliffcmaxwell who has an encyclopedic knowledge of disruption and is an amazing thought partner - follow him!
And thank you to my wonderful graphic designer @nbashaw
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And thank you to my wonderful graphic designer @nbashaw