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pattern of causes of ebusiness failure
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Chris Macrae
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Jan 05, 2002 00:36 PST
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To efailures egroup cc friends
Over the nearly 2 years we've been together sharing observations of failed
dotcoms at http://www.topica.com/lists/efailures , we have built a unique
resource, with a tone far more mature than some of the sensationalist dotcom
postmortem webs .
I would like to ask you for a favour. Over the next fortnight , could you
file a one para listing on what you feel we have learnt were the causes of
efailures. My reason for asking is that almost every week someone
corresponds with me saying that the only lesson anyone needs to remeber is
to have a revenue model that's profitable from day 1 or within a measurable
deadline. I accept that's a moral goal of any sincere business plan. But I
think there were many other root causes of dotbombing. To say the only
lesson is to have a revenue model would be a betrayal of many of the new
economy productivity possibilities that true fans of the internet feel and
around which many people worked very long hours. So if you believe there
were any other lessons than having a revenue model please help me compile
this communal register.
sincerely
chris macrae , wcbn-@easynet.co.uk
http://www.normanmacrae.com home of the first new economist
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