We are going to talk about different types of Entrepreneurial Strategies.

This includes the value chain, disruptive, and blue ocean strategy.

Value Chain is the strategy where a business or startup works with others (cooperating) in a value chain to bring a product or service to market.

An example would be Foxconn. It is the manufacturer of Apple devices. Foxconn leverages Apple's product sales which helps them grow in return.

A disruptive strategy is when a business is working to undermine the industry’s existing value chain.

An example would be Netflix which we all know has disrupted the movie and television industry.

And our favorite, the Blue ocean strategy. This is when a business CREATES new market spaces.

An example would be Airbnb which created a marketplace for hosts and short-term renters -- essentially a new category.

So, what's your strategy? 🔥

Original Post: https://www.facebook.com/paretoph/photos/a.101217541372602/189240315903657/?type=3&theater