Right here’s an fascinating solution to begin an organization: Purchase one other firm, change the whole performance and branding, and port all the customers over in a single fell swoop.
Your first step, which is likely to be a stretch for many of us, can be to launch a number of startups and grow to be the richest particular person on this planet. No drawback on that one, proper?
Let me backup a bit of.
In case you got here up with this plan, you’d begin by launching a fee administration app that everybody will use. Then, only for enjoyable, you’d change the whole electrical automotive panorama and in addition launch a industrial aerospace firm that builds rockets and satellite tv for pc networks. When you’re at it, you’d discover the time to create a aspect firm that bores via the planet to make your commute shorter, and launch an organization that makes a neural implant.
Most of us couldn’t even do a type of issues in life, however then — in any case of these milestones — you’d determine to purchase a social media firm for $44 billion. Even for those who tried to again out, you’d undergo with it anyway.
At first, individuals would assume your foray into the world of social media was because of a private curiosity in competing with Fb or altering how we talk with one another.
That will be a woefully misguided sentiment, although.
No, as an alternative of buying the social media firm, you’d buy the customers of the social media firm. And then you definately’d rework the corporate you bought into one thing fully completely different, with out their consent and even curiosity. You’d get up one morning and determine to alter the corporate title, the brand, and the whole function of the corporate. Nonetheless, the brand new firm would convey alongside 330 million customers for the experience.
I’ve to say, that’s downright good. And loopy. And very unrealistic.
Think about doing this with the rest in life. You’d construct a grocery retailer and get individuals hooked on the low costs and wonderful customer support. Then, in the future, you’d determine to alter the shop and make it a smoke store or a laundromat. Individuals would possibly object, proper? Or take the instance of an electrical automotive. You’d put a battery within the automotive, however then — when the automotive wants service and when the client isn’t trying — you’d determine to drop in a combustion engine as an alternative.
I’m undecided if these plans would work.
However then once more, I’m not Elon Musk.
The man has began all of these corporations and turned Twitter into the X app within the blink of a watch, with hints of much more transformation.
After I logged into Twitter the opposite day, I didn’t see the title Twitter. I noticed an enormous X on the high. I’m now a consumer of X, regardless that I barely know what it’s or why I might use it. WeChat combined with PayPal? Undecided. I don’t bear in mind ever wanting to make use of the X app or agreeing to begin utilizing it. And but, right here we’re.
By the best way, he instructed us he would do that:
I don’t assume it’s going to work, although. Just like the grocery retailer turning into a laundromat, there’s one thing sneaky about the entire affair. The area is similar, the purchasers all look acquainted, however there’s a totally completely different function to the app.
Ultimately, it looks like Musk has invented an entire new thought: A very artistic solution to fully destroy an organization and a model, and a solution to actually annoy your customers.