day 6




parable of an innovator 3: gene autrey rides into town


Quote from the Historical Almanac of the

U.S. Senate, Pg.147: "On April 26,1882, the

President of the United States warned the Senate

that an alarming state of disorder existed in

the territory of Arizona, where robbery, murder,

and resistance to law have become so common as

to cease causing surprise. President Chester

A. Arthur blamed these disorders on 'armed bands

of desperados known as cowboys,' and called on

Congress to enact legislation permitting federal

military forces in Arizona to be employed as a

posse comitatus to bring law and order to the

frontier."

Scene: Tom Mix and Apple founder Steve Jobs

compare notes in Stardom Heaven. Tom says to

Steve, "Where did you screw up, Steve?"

A bearded Jobs relies, "I forgot to have

children."

Our parable continues.

The long-lasting cowboy star of the early movies

and radio was Gene Autrey. Gene took the

innovative ideas of early pioneers like Tom Mix

and turned them into an industry. While Tom Mix

squandered his lead, Gene Autrey methodically

built an industry. Autrey had the business sense

to create an industry out of a career. Decades

later, Gene Autrey, Inc., still owns many radio

and TV stations in the United States.

Microsoft may not be innovative, but Bill Gates

and his court jesters know how to build an

industry. Instead of holding on to the DOS,

Windows, and Windows NT operating system,

Microsoft practically gives it away. Give away

the razors, sell lots of blades.

Like Tom Mix's successor Autrey, Microsoft is a

franchise outfit. By setting and frequently

changing the industry's standards, Microsoft

forces everyone - EVERYONE IN THE ENTIRE

INDUSTRY - to play by their rules. Microsoft

exerts a force on other companies - perhaps more

than it does on itself. This is the stuff of an

industry builder.

What does this teach us? (Every parable must

give sage advice). A company makes point

products - products that fill a niche, or target

a certain group of spenders. An industry is a

group of symbiotic companies that alternately

compete and cooperate to fill the diverse needs

of an entire industry. Apple executives never

allowed the Mac to be an industry standard.

Their stupidity, like Tom Mix's drinking

habit, hampered the development of the MacOS

AS AN INDUSTRY STANDARD.

Meanwhile, mediocrity reins supreme in the PC

industry.

parable of an innovator: 1 2 3 4 5



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