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Why you need Relevant Translation Company for Business?

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Why you need Relevant Translation Company for Business?

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As everyone knows that languages playing important role in growing the business, If you are running business and want to expand then you need to target more audience i foreign and India. But everyone wants their native languages, for that Tridindia is here. Read this article.

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Xiglute | Xiglut - Rede Social | Social Network

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Hire the Most Relevant Translation Company for Your Business | Blog View | Xiglute | Xiglut - Rede Social | Social Network

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A business is based on the different components that are put together so that the whole thing can run in the best way possible. Different things have to be taken care of by expert people so that they can do it in the most efficient way possible. When you ...

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How To Choose Only Right Translation Services For Business?

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How To Choose Only Right Translation Services For Business?

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Professional and the right translator can be the one who has special knowledge of the entire ability given below, you have to choose the same for your business.

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What Is The Criterion For Identifying a Viable Translation Service?

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What Is The Criterion For Identifying a Viable Translation Service?

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In reality, this is the age of translation services. If you focus on globalization, you have an experience that large and small company’s competition with each other all around the world and which have certified translation then they faced every problem.

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In reality, this is the age of translation services. If you focus on globalization, you have an experience that large and small company's competition with each other all around the world and which have certified translation then they faced every problem.

If you also build your reputation and company's size in the global market and most of the certified and Right Translation Company today trying to reach your business in markets, they would be never have approached eight or ten years ago.

In the starting, there is a big discussion between the government and translation agencies officially for various permits and projects. When you hire an oral translator then you become able to reach your business information into another country to a satisfactory conclusion.

Then, communications with various business partners native that you should start your business, or even to representatives of different sales chains. In this case, delectation is possible between negotiations that' why you must find efficient oral translator to translate both negotiations.

Also Read:- How Language Translation Services Are Connecting Global Business?

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What Is The Criterion For Identifying a Viable Translation Service?

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In reality, this is the age of translation services. If you focus on globalization, you have an experience that large and small company's competition with each other all around the world and which have certified translation then they faced every problem.

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Know Talents Of Providers of Reliable Translation Services

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Know Talents Of Providers of Reliable Translation Services

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Everyone knows the difficulties of being a professional translator. How do these linguistic experts avoid errors to provide Reliable Translation Services - https://sites.google.com/view/reliable-translation-services/

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It’s completely proofed that hiring an accurate document translation services for your Company is worthwhile because of the above specific reasons, should read - https://tridindia-88.webself.net/blog/2020/10/27/what-is-the-importance-of-document-translation-services-internationally

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Know Qualities of a Language Translation Company Have

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Know Qualities of a Language Translation Company Have

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Translation is a challenging profession. The most Comprehensive Language Translation Company will charge a lot because they assure quality translations - https://tridindiatranslations.wordpress.com/2020/10/27/what-qualities-should-a-comprehensive-language-translation-company-have/

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Know Why To Hire Pocket-Friendly Translation Company

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Know Why To Hire Pocket-Friendly Translation Company

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Professionalism and accuracy are vital when preparing any commercial paperwork. Here’s how a Pocket-friendly Translation Company offers both these qualities - https://www.launchora.com/story/why-hire-a-pocket-friendly-translation-company-for

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Know Why Language Service Provider Is Necessary

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Know Why Language Service Provider Is Necessary

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Language service providers LSP are focusing on the need to outsource their translation work which will prove to be helpful in increasing the business every day - https://www.awaysomearticle.com/why-is-language-service-provider-lsp-necessary-for-your-business/

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Know What To Understand by Accurate Translation Services

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Know What To Understand by Accurate Translation Services

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Do not hesitate to take the help of high quality quick translation service of your content or documents as it will give you the best results at a fast speed - https://pqrnews.com/what-do-understand-by-accurate-translation-services-describe-briefly/

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Get Regular Applications Of Language Translation

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Get Regular Applications Of Language Translation

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http://crweworld.com/india/delhi/north-delhi/localnews/world/1549195/what-are-the-regular-applications-of-language-translation-in-industries

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Get a Chance To Know About The Work By Translation Company

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Get a Chance To Know About The Work By Translation Company

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https://tridindia.weebly.com/blog/lets-know-more-about-the-translation-company-works-for-business

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Get Detect The Problems In Translation Services

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Get Detect The Problems In Translation Services

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http://tridindia.over-blog.com/2020/06/know-how-detecting-the-problems-in-translation-services-can-work.html

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Get Pick one of the best language service providers

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Get Pick one of the best language service providers

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https://www.slideshare.net/TridIndia/how-can-you-pick-one-of-the-best-language-service-providers

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Know How To Pick One of Best Language Service Provider

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Know How To Pick One of Best Language Service Provider

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There are lots of Language Service Providers out there. However, if you do not know these features of the best ones, you will not be able to select one - https://www.edocr.com/v/mae3djym/tridindia1/How-Can-You-Pick-One-Of-The-Best-Language-Service-

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http://groupspaces.com/TridIndia2/pages/why-you-need-translation-agency-bangalore-to-be-by-your-side

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https://sites.google.com/view/top-language-service-providers/

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Want To Detect the Problems in Translation Services

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Want To Detect the Problems in Translation Services

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https://tridindia.hatenablog.com/entry/detect-the-problems-in-translation-services

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Know the Need of Translation Agency Bangalore

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Know the Need of Translation Agency Bangalore

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http://groupspaces.com/TridIndia2/pages/why-you-need-translation-agency-bangalore-to-be-by-your-side

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Know Reason Why Translation Company Require Business Units

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Know Reason Why Translation Company Require Business Units

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https://tridindia1.bcz.com/2020/06/02/why-does-a-translation-company-require-by-the-business-units/

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Why Translation Need For Business Documents? Read 6  Basic Ponit

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Why Translation Need For Business Documents? Read 6  Basic Ponit

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There are several business documents that need translation, especially in conditions when a business owner plans to expand his business roots in a foreign country.

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The global world of today is united together with an invisible thread of languages. Irrespective of the geographical boundaries, people communicate with each other in different languages, giving a major reason to businesses to translate their documents. Translation makes it easy for business owners to convey their brand message or spread brand awareness in the international market. But, this cannot be achieved unless you have prepared yourself for the same. Only hiring a translator or a translation service provider isn't enough; you need to prepare some important business documents that are used for direct communication with the customers.
Here are some of the major business documents that need translation -
1. Marketing And Advertising Documents

Marketing and advertising translation is the most important thing that you must keep in mind. This is because when you translate your marketing and media content in the customer's language, you basically attract new visitors to your website, and help them explore every minute detail about your brand. Through a translated version of your website, your customers will be able to browse your online store, learn about your services and products and build trust in your brand.

2. Legal Documents

Translating legal documents is very essential for a business owner. For example, if you are planning to set up your business in a foreign country, you need to make sure that legal documents, such as contracts, affidavits, letter of permission of work etc., are translated in the target language. This will prove that you are a genuine business owner who has fulfilled all the legal formalities.

3. Technical Documents

You might have different product catalogues, drawings, product manuals, service instructions and software manuals related to your product. Now, when you launch your product in an international market, it becomes very important for you to translate these documents in the native language of the customers. Failing to do so, will degrade your customer's experience, and you might lose your loyal customers eventually.

4. Refund And Exchange Policies

For an online store, it is very important to keep its customers updated about everything that falls within their buying procedure. So, if you are planning for quick business document translation, make sure you also translate the refund and exchange policies mentioned on your website. This will make your customers feel more confident and connected with your brand. Even if you have such policies in a written format for the training purpose of your diverse workforce, do get them translated.

5. Newsletters

Communication is the foundation pillar of every business, be it online or offline. Especially for the online business owners, it is very important to keep in touch with the customers, as the competition in the online world is too severe to handle. This is why experts recommend businesses to translate their newsletters and keep sharing them with the previous customers. This way the percentage of returning and loyal customers by a major margin. You can even translate the regular e-mails to keep them posted about the deals and special offers launched by your brand. Many studies have found business email translation to be very effective in implementing marketing strategies.

6. Patents

Last but not the least, you must get your patents translated in the foreign language(s). Since they are very sensitive in nature, you must get them translated only under the supervision of expert translators. Even a slight line spacing or punctuation error can become a huge reason for controversies over patent litigation and foreign filing. So, do take the help of professional translators.

Are you planning to expand your business overseas? If yes, do get these documents translated, as they will ease the entire process and help you persuade the target customers very easily. At TridIndia, we have a team of professional and experienced translators, who specialize in translating a variety of business documents in different language combinations. So, no matter how complex your requirements are, or how bulky the assignment is, we can handle everything with great ease. To know more about our services, language pairs or the type of translation we offer, do give us a call or share your query through e-mail.

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6 Business Documents That Need Translation - Do You Know?

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The global world of today is united together with an invisible thread of languages. Irrespective of the geographical boundaries, people communicate with each other in different languages, giving a major reason to businesses to translate their documents. Translation makes it easy for business owners to convey their brand message or spread brand awareness in the international market.

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How To Translator Understand That What They Translate?

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How To Translator Understand That What They Translate?

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| If you are thinking to build up your career in translator business and want to know about the what is the topic that helps you to get the best knowledge so you can go through with this blog, which helps you to get the full of knowledge…

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Planning to hire a translator? Are you concerned about whether translators actually understand what they translate? Most of the business owners like you, deal with this question every day.

While translation might seem to be very easy on the surface; it is actually very difficult as it involves good understanding of different languages, cultures, phrases, style and tone of writing. This is why it is always recommended to analyse your translation needs, while choosing a translator or a translation company. Once you know what exactly do you need, it would be easier for you to search the right translator for your assignment. The answer to your question is hidden in this phase only, as the better you know your needs, the better you'll be able to pick the right option.

Translators always understand what they translate, as long as you choose the right translation service provide r.

Conditions To Note:

Depending on the choices you make, you may come across several situations, where the translators may or not understand a specific term or the entire subject of what they are actually translating. So, here are some important conditions to note -

I.When Translators Might Not Understand What They Translate

☞ Poor Choice Of Translator: It is needless to describe that poor choice always results in poor results. Hence, if you fail to realize your translation needs - the level of translation quality you need, the objective you wish to achieve through translation etc. - you would end up with a translator, who is unable to relate to your goals and thus delivers a bad quality translation.

☞ General Topics: In case of general topics, such as fitness, travel etc., the translator might across several phrases or words, which are not understood by him. Thus, in such situations, the translator often relies on word-to-word translation, which may or may not be appropriate according to the context or flow of sentence. Hence, you must make sure that the translator is experienced or work for a reputed translation company.

II.When Translators Understand What They Translate

♦ Perfect Choice Of Translator: If you choose the right translation company, you can be rest assured that you will come across an experienced translator, who clearly understands every bit of your translation assignment. As a result of this, the translated file is always qualitative and in line with your objectives.

III.When Translators ALWAYS Understand What They Translate

✓ Specialized Translator: In specialized translation fields, like medical, technical, legal etc., you can be ascertained that the translators understand what they translate. All you need to do is to look for specialized translators, who possess years of experience in translating for specific domains.

✓ Reputed Translation Firm: This is related to the point mentioned above. If you outsource the services to a reputed translation vendor, your project will always be assigned to be a specialized translator, for example, professional IP translation expert, legal translation expert (etc.) depending on the type of your project.

We all are humans, and we all are in a continuous stage of learning. So, anyone, at any point of time in life, may encounter a situation where he/she may be unaware of a specific thing, but knows how to deal with the situation. So, it is not a negative thing, if the translator is confused or do not understand a specific section/word/phrase in the source file. However, you should always make sure that the translator is experienced and professional in the translation domain. To save your time and other resources, look for a certified translation firm, like TridIndia that ensures that the translators are well aware of the topic or subject that they are going to translate. Also, we follow a stringent selection process for translators so that we are occupied only by the gems of the industry. Rest, our project managers are always there to guide you. So, you need not to worry about anything. Contact us today to know more.

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Do Translators Understand What They Translate?

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Planning to hire a translator? Are you concerned about whether translators actually understand what they translate? Most of the business owners like you, deal with this question every day. While translation might seem to be very easy on the surface; it is actually very difficult as it involves good understanding of different languages, cultures, phrases, style and tone of writing.

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Know The Difference Between Communication And Language

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Know The Difference Between Communication And Language

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Learn the basic Difference Between Communication And Language, They are different from one another and still they need each other for completing.

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Even before you start learning more about the Difference Between Language And Communication, you better get to the basic of the options available over here for a change. You should know that communication and language are different from one another and still they need each other for completing. According to the definition from Collins Dictionary, language is one communication system made out of group of sound and written symbols that region's people or country might use for talking or writing. Then you have sending and receiving messages, by using non-verbal or verbal methods, which will equate to communication.

You can check out the Language Diversity In Texas to gain some vast knowledge in this regard. In terms of communication, people get to exchange messages or information through various means. It can be made verbally, graphically, verbal actions or even written notifications like charts, maps, drawings, infographics and even thorough signs and signals.

Then you have language playing major role in the said communication procedure. People over here use specified language for communicating, and will exhibit the fact that communication and language are intertwined. It is a reason why people actually fail to see the differences over here. Living creatures on this planet have their own ways of imparting thoughts and emotions to others. It is just humans who have the power to enjoy and utilize language for meaningful answers.

Components Of Communication

You have to deal with the fact that Language Considerations Is Important, but first you have to check out the elements revolving around communication. For establishing communication, there need to be someone on the receiving end and another person sharing the particular message. The receiver and sender needs to be interpreting message for extracting meaning. Messages are then conveyed back and forth through feedback. These actions take place through words or some non-verbal actions like sighing, gestures, nodding or just looking away.

Some of the other factors to consider while communicating are there as well. The receiver or sender of message needs to consider the context of the message, where the message is given and possible intervention when the message is received or sent. Situations turn out to be different if the person gets to see or hear sender of message as the receiver hears response immediately or see reactions of message through emphasis, tone of voice, and emotions of sender.

In terms of written communication, consideration is given on how specified characteristics of the text interact with cognitive facility of reader to receive information coherently and comprehensively. In the same manner, the language likewise with the motivation and emotional makeup of the person to persuade or just move reader should be another factor to check in.

Communication happens to be one complex procedure and will involve multiple variables like different genre, situations, delivery methods and medium. On the other hand, you have language as affected by cultural, personal, organizational and institution aims. It is important to know when it comes to Translation In Public Sectors as well. For the linguists, it is vital to understand how language gets affected by the social context and how culturally diversified people can communicate with.

Components Of Language

The current language origin is something to be remained quite obscure forever. It has always been the subject of multiple debates but no one will come up with specified answer of where the language might come from. This is quite different from study of origin of various languages. So, that must not be the one to confuse former with latter. Always remember that language is able to create multiple formations with different connections for determining the use. For the business based purposes you will definitely need Email Translation Improve Marketing. For that, catching up with pros is important.
☞ Diversity
Linguistic makers are known to have a proper effect on people's perception as per the communication scholars. These markets are speech features that might be used for indicating social identity of the same person. There are some studies which shown how women speak. Some of the markers might be for uncertainty saying that most women end speech with tag questions.

It is stated that women are quite fond of using qualifiers like "maybe" and "perhaps" and can further include disclaimers whenever they speak. They can use multiple colors while speaking like baby pink, aqua or lilac in place of standard colors like yellow, blue or orange.

According to the linguistic experts Robin Lakoff from the California University, he states that such characters of the women speech will lead most people to think that they are powerless to men when speaking. Well, this study is not conclusive and other studies have been presented to find out whether men and women speak differently or not. According to most of the people, it is results of prejudice and stereotype.

The definite point is that many people use gender neural language consciously to veer away from bias towards the profession or gender of a person. Even though, there might be some differences between communication and language, it cannot be denied that they are quite enlaced. Communication is means of just exchanging messages and information through speaking, writing and other means, whereas language is tool for facilitating communication.
☞ Culture
It is mostly stated that culture and language are related closely. However, some linguists debate if culture is actually responsible for jus shaping language or it is just the other way around. The factual act over here is that the language use is definitely cultural related. Some linguists believe that the individual's thinking way is formed by language. The effect of the language exerts on an individuals can put limit on ideas and thoughts of people and even conduct.

Difference Between Language And Communication

Make sure to learn more about the experts who are all set and Ready With Localization, when it is about language and communication. However, there is always a fine line between these two options which people fail to understand. Whenever referring to language, it means that the communication system depends on non-verbal and verbal methods to transfer information. Communication is a two way traffic between people or groups for exchanging information or even messages. You can clearly state that language is a tool and communication is way to use that. Language mainly focuses on symbols, tools or signs while communication is based on message.
♦ What Is Communication?
Communication solely deals with action. It is a thoughtful process of exchanging ideas, information or message from one individual to another through words or signs that are comprehensible between two parties. Communication is mainly essential for organization or community so that members are able to work in concert. Communications can easily flow diagonally, horizontally, upward or downward. In every level and type of firm or community, communication is mandatory. It comprise of a procedure with multiple elements like

In present scene, various channels are made available to people. They can have direct face to face conversation, receive and send text messages, exchange calls and send emails or even use social media channels. Some of the other examples are signs, reports, leaflets and fliers, ads, brochures, TV, radio and letters.

Feedback is always important to communication procedure and important for delivering message. Without it, communication act is not possible. Communication can be either formal or informal, and can be written, non-verbal or oral.

Before the invention of the written words, language as mainly auditory transmissions through whistles, drumbeats or grunts. It was visual or tactile in some cases. Communication only had a single channel which was sensory. Language is dynamic as there might be daily changes with dictionary adding new words. The basic communication steps are unchanged, so communication is static.
♦ What Is Language?
In procedure of showing differences between communication and language, it is vital to understand comprehensive definition of both. This way, you can learn new languages to Sells Among Global Buyers and grow businesses.

Mostly, language is tool for aiding in expression and thought and feeling conveyance of individuals. Expression of thoughts and feelings can be sent through symbols, sounds, posture, gesture, signs and the receiver will interpret specified meaning. For humans, the main communicative medium for conveying emotions, views, opinions or ideas is through language. It helps in giving order, meaning an even coherence to complicated or abstract thoughts. Different people use distinct languages for communication.

One-Stop Solution For Language And Communication

Whenever you are in need of any language or communication based services, you are always invited to join us at TridIndia for the right help. We have all the native speakers, ready to serve you with the best translation and localization help as you have asked for it. The more you research, the better services you will come up with over 4000 translators all set to help. Learn more about 250+ languages from our side.

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Image Credit To People

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What Is The Difference Between Language And Communication - Tridindia

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Even before you start learning more about the Difference Between Language And Communication, you better get to the basic of the options available over here for a change. You should know that communication and language are different from one another and still they need each other for completing.

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Why you shouldn't Choose any Translation Firm Randomly?

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Why you shouldn't Choose any Translation Firm Randomly?

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Translation is a complex job, which is not everyone’s cup of tea. If you are a business owner, planning for translation, you must choose a translation company after check out there profession. Read more: https://bit.ly/31rdA4n

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What Business Documents Need to be Translation? Get to Know

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What Business Documents Need to be Translation? Get to Know

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Businesses that running across geographical boundaries, who communicate with people of  in different languages they need to translate his Marketing And Advertising Documents, Legal Documents, Refund And Exchange Policies etc. Read Full Article: https://bit.ly/2Vaszv8

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What Business Documents Need to be Translation

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How Language and Communication is Different from Each Other?

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How Language and Communication is Different from Each Other?

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You should know about different between communication and language. According to the definition from Collins Dictionary, language is one or way to communication system  written in symbols that region’s people or country might use for talking or writing. Read more: https://bit.ly/2wxNZsp

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Language and Communication is Different from Each Other

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How Can you Create An Effective Business Marketing Strategy? 

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How Can you Create An Effective Business Marketing Strategy? 

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In these days, users are are not showing his interest in traditional advertisements, so You need to create An Effective Business Marketing Strategy by consider Guest content, Branded hash-tag, Sharing fresh and quality content etc. Read more: https://bit.ly/2VrekCv

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Create An Effective Business Marketing Strategy

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What Benefits Can You give for Business From Language Translation?

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What Benefits Can You give for Business From Language Translation?

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Today Business completely depend on the way of Communication which is the biggest need of every businesses.  So you need to hire a separate marketing team to connect new customers with there cultural language. Read more: https://bit.ly/300d3pB

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Benefits Can You give for Business From Language Translation

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What Are Major Benefits Of Learning a Local Language For a Traveler?

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What Are Major Benefits Of Learning a Local Language For a Traveler?

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If you are going to travel to a new location for a change. In some parts of the country, travelers can make way around by just speaking English, but only the seasoned travelers are learning local language for enhancing the current travel experience. Read more: https://bit.ly/2JeatHd

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Major Benefits Of Learning a Local Language

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How many Languages are Speaking In China? Get to Know

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How many Languages are Speaking In China? Get to Know

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China is noted to be a large country with Major Languages Speaking. It is made out of several provinces and even though Mandarin Chinese is a popular one over here. Read more: https://bit.ly/2L8zoxD

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'I'm busy,' signals you don't have room for friends; be specific or cut back your calendar

I recently asked a friend I haven't seen in months if she wanted to get together and catch up. I envisioned us gabbing over cocktails at the new Vietnamese restaurant in our neighborhood. Or maybe I could fix her dinner.

Her reply: "Sure. Why don't you stop by for 45 minutes to an hour on Monday night around 8:30."

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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'I'm busy' signals you don't want to make room for friends or family. Be specific about what's really taking up your time or cut back your calendar.

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Maya Angelou on Courage and Creativity - HBR

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Maya Angelou on Courage and Creativity - HBR

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15 signs you have emotional intelligence - World Economic Forum

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15 signs you have emotional intelligence - World Economic Forum

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Dr Travis Bradberry looks at the qualities shared by people with emotional intelligence, based on data from more than a million people.

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Bill Gross - A Devotion to New Ideas - Stanford Entrepreneurial Thought Leaders (podcast)

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Bill Gross - A Devotion to New Ideas - Stanford Entrepreneurial Thought Leaders (podcast)

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Bill Gross - A Devotion to New Ideas by Stanford eCorner

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Bill Gross thrives on turning innovative ideas into pioneering companies. He serves as founder and CEO of Idealab, which started over 75 companies since 1996. In this stimulating lecture, he shares how Idealab continues to bring incredible ideas to market, and his personal insights on starting and running successful organizations. Gross also describes the work of eSolar, a spin-off company of Idealab that works to make solar energy cost-competitive in the global marketplace.

--------------------
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How to build an enduring, multi-billion dollar business - Sarah Tavel

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How to build an enduring, multi-billion dollar business - Sarah Tavel

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In my last post, I wrote that Uber built a multi-billion dollar business by using mobile to create a 10x better product than the incumbent (taxis), and did so at a lower price. The "and", as I wrote, is everything.

What's exciting to me is that Uber is not the first, nor will it be the last. Indeed, when you start to look for it, you realize "[10x product] and save people money" is the undercurrent running through dozens of breakout companies ranging from Airbnb to WhatsApp.

What's Amazon? Endless selection/convenience and the best price.

Remember Netflix's original marketing? More selection/convenience than your neighborhood Blockbuster, and no late fees.

Airbnb is all about unique accommodations and it'scheaper than a hotel.

Skype introduced presence/chat etc, and free international calls. WhatsApp did to international SMS what Skype did to international calls.

Alibaba, Craigslist, CreditKarma, eBay, Expedia, Poshmark, Priceline, Orbitz, Shutterfly, Transferwise, TurboTax, .... I could go on. (Oh, and if you're building one, I'd obviously love to hear from you: sarah at benchmark dot com.)

It shouldn't be a surprise that 10x + cheaper is such a killer combo for consumers. Who doesn't want something better, cheaper? It also happens to be a great catalyst for word of mouth. People love to talk about a new service they discovered that's better and saved them money - telling a friend how to save $20 can feel like actually giving the friend $20.

So how did they do it? Or perhaps more pointedly, how can you do it?

To me, there are two key ingredients:

1. It's about the [10x product]. Saving money is pouring gas on the fire.
As my former Pinterest colleague David Rubin pointed out to me, your service shouldn't lead with "saving money". You must create an offering that is so compelling, it stands by itself in the consumer's mind.

Case in point: when I first started to talk to people about my thesis, they'd push back. "Uber is just so much better than a taxi." "Amazon is all about convenience." "Airbnb is experiences you can't get at a hotel." Of course, they're right, but it's the "and" that accelerated the behavior change for most people. The 10x product is what kept those people as customers.

If you can get people to take your price advantage for granted, you've won. If on the other hand, your brand becomes more identified with saving money, then that's likely because your offering isn't sufficiently differentiated. Saving money is the feature. This puts incredible downward pressure on a company's unit economics. It's a lot harder to build an enduring business if you're forced to constantly optimize for price. Think: flash sale and deal sites.

The one exception I'd add here is that "free" is its own 10x product. If you can offer something for free that used to cost lots of people money (I'm looking at you Skype and Robinhood), growth will be the least of your worries.

2. Use technology to recast incumbent cost structures.
Okay, so you've got a 10x service. That's the easy part. Providing the 10x product cheaper in a sustainable way is where the rubber hits the road.

The key is to use technology to recast incumbent cost structures. This creates a structural cost advantage, and if you have economies of scale or network effects, an advantage that can endure as you grow.

Here are some of the strategies companies have used to do this:

E-Commerce

E-Commerce companies disrupted brick and mortar retailers by centralizing operations and benefiting from economies of scale.

Sharing economy

The "sharing" economy enables companies to unlock latent value in underutilized assets, and by doing so disrupts asset heavy approaches.

Peer to peer marketplaces

P2P marketplaces eliminate broker fees and middlemen, letting them pass savings to participants in their marketplace and reducing operation costs.

"Full stack" startups

More broadly, " full stack " startups use technology to fundamentally rethink services and disrupt the incumbents.

Emerging: AI, virtual reality, others?

Fast forward, and I've got to imagine that in addition to the existing techniques I mentioned, emerging technologies like AI and virtual reality will create a new class of 10x products that save consumers money.

For example, imagine not having to travel to the Serengeti because you can have an experience in virtual reality that's just like being on a safari, or getting a prescription almost immediately because you've been diagnosed by a neural network.

It's hard not to get excited for future startups capitalizing on these strategies.

What do you think? What emerging companies do you see doing this? I'd love to hear from you.

Follow me on Twitter @sarahtavel.

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How to build an enduring, multi-billion dollar business

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In my last post, I wrote that Uber built a multi-billion dollar business by using mobile to create a 10x better product than the incumbent (taxis), and did so at a lower price. The "and", as I wrote...

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In a culture where being social and outgoing are prized above all else, it can be difficult, even shameful, to be an introvert. But, as Susan Cain argues in this passionate talk, introverts bring extraordinary talents and abilities to the world, and should be encouraged and celebrated.

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How Your Body Language Shapes Who You Are - TED Talk

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How Your Body Language Shapes Who You Are - TED Talk

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Your body language may shape who you are

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(NOTE: Some of the findings presented in this talk have been referenced in an ongoing debate among social scientists about robustness and reproducibility. Read “Corrections & Updates” below for more details as well as Amy Cuddy’s response.) Body language affects how others see us, but it may also change how we see ourselves. Social psychologist Amy Cuddy argues that “power posing” -- standing in a posture of confidence, even when we don’t feel confident -- can boost feelings of confidence, and might have an impact on our chances for success.

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Madam C.E.O., Get Me a Coffee - NY Times

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Madam C.E.O., Get Me a Coffee - NY Times

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Opinion | Madam C.E.O., Get Me a Coffee (Published 2015)

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The sad reality in workplaces: Women help more but benefit less from it.

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The year 1777 was not a particularly good time for America's newly formed revolutionary army. Under General George Washington's command, some 11,000 soldiers made their way to Valley Forge. Following the latest defeat in a string of battles that left Philadelphia in the hands of British forces, these tired, demoralized, and poorly equipped early American heroes knew they now faced another devastating winter.

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