A vending machine that beams software to Palm organizers is a Purple Cow. It never runs out of inventory, it appeals to people with credit cards and with time and money to spare, and the profit margins are pretty good. EZ ZAP sells both commercial software and advertiser-supported freeware. You can find one at a local airport if you’re lucky. The freeware is a great way to get someone to try the machine in the first place, don’t you think?

I had read this book 6 months back, but I had to reread this, because I felt I had not learnt the essence of it in the first read. Now this by itself says a lot about the book. E-Myth gives a classic insight in to the working of small companies and what it can possibly do to become a successful company. What is E-Myth ? It is a fatal assumption of many an individual who start businesses.

Link: HBS Working Knowledge Maximization does not work as a measure of success What is the right measure of success in your eyes? What is it for your company or school? Is being really successful inevitably a matter of being the best, highest, youngest, richest, smartest, and prettiest on every scale you know—that is, celebrity winner-take-all? Such standards are maximized forms of accomplishment. Simply put, maximization is any form of going for the extreme—genius intelligence, superhuman effort, the best house, the unique lifestyle, and the most profit possible.

Via Venture Blog : What are the costs involved in the Long tail businesses: 1. Search Costs :It is not enough for a company to aggregate lots of small things. Reducing search costs by matching content to users is critical for Long Tail businesses. 2. Psychic Costs:These measure the stress of having to think about a transaction.The psychic cost of stressing over your minutes outweighs the extra money paid for an unlimited package, so long as the total costs are fairly low.

Anthony says what made him succeed : I guess what I’m saying, is that it’s possibly just the person behind the business. Some people are born leaders, others are followers. I guess when followers attempt to become leaders, some succeed, some get by and some fail. A good leader will never truly fail, as if one approach doesn’t work, they will have another ready to use, and another and so on until adaptation is precise to succeed.