The reason for this is barriers to entry to be a big corporation are getting bigger. (This is the only fundamental truth that the author fails to mention!)
However, the barriers to entry to be an entrepreneur are far far lower. Corporations still compete with each other on innovation but now more than ever this is through buying small and medium sized companies said entrepreneurs have created :)
So, this is neither good nor bad, just a shift in where the competitive opportunities are. Hint, it's getting easier for the little guys to compete.
However, the barriers to entry to be an entrepreneur are far far lower. Corporations still compete with each other on innovation but now more than ever this is through buying small and medium sized companies said entrepreneurs have created :)
So, this is neither good nor bad, just a shift in where the competitive opportunities are. Hint, it's getting easier for the little guys to compete.