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May 29, 2016

top 5 best lessons from Apple for entrepreneurs


As an entrepreneur, you’ll hear a lot of people tell you that you need to reach out and figure out what people want, which means listening to your critics, often times more patiently than you’d like. Apple decides to flip the script and instead focus on building what they want to build, no matter the perceived cost. When Steve Jobs debuted the iPad, the critics stood in line, throwing every insult they could muster. The critics said that the iPad would fail. The numbers say otherwise

Stick to you conviction


.Each and every time Apple decided to innovate, they were laughed at. They prevailed anyway. “Great ideas often receive violent opposition from mediocre minds.”


 2. Turn the Ordinary into Something Beautiful For quite some time, PC fans enjoyed the work of buying their own parts and building their own tower systems. At the same time, PC makers were building standard hardware for standard applications. Apple would have none of that. They’ve been pioneering not only the features of standard operating systems and computer systems, but simultaneously reinventing the design standards as well. As a result, we have the gorgeous iMac, the beautiful new Macbook Air, and who could forget, the amazing iPhone 4. Where others focus on one aspect of the equation, Apple focuses on the entire product, and it shows.

Justify Your Price :We’re in a time when pricing strategies are all over the place. People don’t know what to charge, and in many cases, prefer to race to the bottom instead of pricing strategically to a market that can bear the cost.
 Once more, Apple ignores the standard by not only pricing their technology more than 2x what their competitors charge, but doing so without blinking. How can they get away with it?
The truth of the answer is twofold: 1. They build beautiful products for an audience that loves them passionately. 2. They justify their price with features and benefits that can’t be matched.

Lets look at the 4 reasons why Apple can get away with its premium pricing

  1.  No other computer can match the display of a 27” iMac…it simply can’t be done. 
  2.  No other software can match what iTunes brings to the table. 
  3.  No laptop is as thin as the Macbook Air. 
  4.  No software is more intuitive, no product more valuable than the Apple product. 
  5. Any other smartphone looks like it was developed by rookies when compared to an iPhone
    You simply cannot compare the two. " 


  6. Build a tribe :It’s no secret that Apple has built one of the most hardcore fan bases of any product and of any time. There’s a reason they’re called “fanboys.”
    But who cares, right? Most of the chatter is out of jealousy more than anything, but Apple doesn’t really care. They know that they serve an elite audience, and rather than back away from that fact, they embrace i


May 28, 2016

May 27, 2016

the biggest wearable players who control 65% market share








"the biggest wearable players who control 65% market share"

The wearable market has seen a big spike las year as the market starts to mature. IDC recently announced the Big Three in wearables: Collectively the big 3 Fitbit, Apple, and Xiaomi,  controls 65% of wearable market : Fitbit with 22.2%, Apple with 18.6%, and Xiaomi with 17.4% leads the market







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with $19million valuation ,snapchat ranks 3rd among top 5 unicorns



5  The second coming of snapchat: sequoia,meritech, spark  invests $1.8billion as valuation jumps to $18billion 

"with $19 million,snapchat  among top 3 unicorn after  Xiaomi and Uber"

At $19 billion, Snapchat would rank third among all venture-backed companies in terms of value, behind Xiaomi and Uber


 Snapchat has recently secured $1.8bn in funding, increasing its valuation to $18bn. The startup received this round of funding from Sequoria Capital, Spark Capital, Meritech Capital Partners and Dragoneer Investment Group. This valuation is higher than the previous valuation of Snapchat given by its investors in March 2015, which was about $16bn.

 Previously, Snapchat had received $175m funding from Fidelity Investments for an overall valuation of $16bn. Shares of Snapchat were bought by the investors for about $30.72 per share. Experts say that the venture capital firms Sequoria and Spark are reluctant to invest in tech companies.
Reportedly, even Chinese company Alibaba also wanted to invest about $200m in Snapchat, after its $16bn valuation last year.
These companies are said to be investing in Snapchat as many investors believe the app firm has the potential to overtake other social media giants such as Facebook and Twitter.







snapchat's $19 billion valuation means that in terms of pure valuation among the unicorn companies , Snapchat would rank third among all venture-backed companies in terms of value, behind Xiaomi and Uber. If you took its reported valuation as a (very) rough proxy for what it would fetch on the public market, Snapchat would sit among some very big, and very profitable, companies listed on US stock exchanges: