Specialist profit deals with those firms who concentrate on specialist products and focus on the implementation of the products . These are characterized by high margins , niche segment specific, high risk associated with the failure to address the right need /want of the customer. The difference between this and Blockbuster model is that in the latter, there is huge amount of cost that is involved in going after the product and it the blockbuster product is not a niche product but a product that is aimed to cater to a large set of customers, which inevitably means a brilliant marketing campaign

Specialist profit deals with those firms who concentrate on specialist products and focus on the implementation of the products . These are characterized by high margins , niche segment specific, high risk associated with the failure to address the right need /want of the customer. The difference between this and Blockbuster model is that in the latter, there is huge amount of cost that is involved in going after the product and it the blockbuster product is not a niche product but a product that is aimed to cater to a large set of customers, which inevitably means a brilliant marketing campaign

Paul Graham reflects on his summer Y Combinator on Age: More precisely, the hypothesis was that success in a startup depends mainly on how smart and energetic you are, and much less on how old you are or how much business experience you have. A researcher who studied the SFP startups said the one thing they had in common was that they all worked ridiculously hard. on Competition: Here’s a handy rule for startups: competitors are rarely as dangerous as they seem.

Should RBI hike interest rates on the scheduled Oct 25 monetary policy announcement ? Rajeev Malik and Abheek Barua present 2 contrasting views

“The biggest risk in life is not taking one " - from the movie ‘PROOF’