June 16, 2008
Threadless: Business Strategy? What Business Strategy?
It’s a success story most of us only dream of: Think up a great idea, build a company fueled by nothing but passion and love of art and humanity, blink and suddenly you’re making millions, without compromising your ideals.
That, apparently, is what happened to the guys who started Threadless. An article in this month’s Inc. Magazine profiles Jake Nickell, college dropout and wildly successful co-founder of Threadless, who stumbled into the twenty-first century’s Utopian business model:
Nickell is at the vanguard of a new innovation model that is quietly reshaping a host of industries. Whether it’s called user innovation, crowdsourcing, or open source, it means drastically rethinking your relationship with your customers. “Threadless completely blurs that line of who is a producer and who is a consumer,” says Karim Lakhani, a professor at the Harvard Business School. “The customers end up playing a critical role across all its operations: idea generation, marketing, sales forecasting. All that has been distributed.”
Read more about Nickell and Threadless here.
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3 Responses to “Threadless: Business Strategy? What Business Strategy?”
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