Underpants gnomes business plan(niallkennedy.com)
niallkennedy.com
Underpants gnomes business plan
http://www.niallkennedy.com/blog/2005/05/underpants-gnomes.html
2 comments
It was one of those daze.. this makes me laugh out loud.
;-D
http://www.niallkennedy.com/blog/2005/05/underpants-gnomes.html
The similarity between the product-now/revenue-later startup model and the underpants gnomes plan is disconcerting at first glance. The point is that your Step 2 materializes based on focusing on a proper Step 1.
Also, for S&G, this is the dot-bomb business model.