The title of this post is inspired by a quote from Jeff Bezos, founder and former CEO of Amazon, who gave a keynote about ‘focus’ to startups in the Y Combinator 2008 cohort.
Y Combinator or YC is a startup accelerator that helps young companies move faster along their journey.
In the keynote, he talks about 20th-century European beer breweries that made their beer using the newly discovered electric power. This new form of electrical energy had no grid or utility companies (think Eskom) for companies to make use of it.
They had to become experts in electric power in order to make use of its benefits. The issue in this level of focus didn’t improve their core product, the beer taste better, in fact, one could say it was a distraction.
This was seen once utility companies started generating their own electricity, allowing the next generation of breweries to focus on their core product, making great-tasting beer, leaving the work of energy generation to the utility companies; this enabled the breweries to crush the previous generation of breweries.
The lesson is to focus on what differentiates your business, meaning what makes your beer taste better.
How This Level of Focus Can Help You
Bidsstack is making electricity, so you don’t have to. We want you to focus on what makes your beer taste better. Focus on the attributes your customers care about, everything else is not worth your focus.
Our app site already solves the problem of finding tenders in a clean, ad-free and cost-effective (free) manner, we don’t want to stop there.
We have built Watchlist to better inform you when changes to a tender occur, you simply buy some Bidsstack Credits and include the tender you want into your watchlist – we will take care of the rest. Every day we compare your watchlist tenders against our master list, if we find any updates, we will let you know.
Our next bigger product is NotifyPlus, our take on tenders to your email. There are a number of services that send tenders to your email, but we want to take it to the next level. We want to remove any administration you have to do when it comes to finding tenders.
The central question we ask ourselves is what are we doing to ensure that you can focus on your core offering.
The central question you should ask yourself is, “Does this task of searching for tenders make my beer taste insanely great?” If the answer to that question is even a slight no, send us an email at: email@example.com.