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Vertical vs. Horizontal Markets November 11, 2009
Steve Blank    |   Serial Entrepreneur
Entrepreneurial Thought Leader Lecture Series
Views: 6345
Creative Commons License
Description
In this clip, the difference between vertical markets - niche players serving a specific need or customer set; and horizontal markets - goods or services that enable a platitude of businesses - are defined for the student of entrepreneurship. The needs of start-ups differ dramatically by vertical, says serial entrepreneur Steve Blank. And taking advice from new enterprises in a different market niche can end in disaster. Take heed when receiving advice from friends in a neighboring business vertical.

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