Open Lessons from the iStore
So, you may or may not have heard about Ethan Nicholas from Wake Forest, North Carolina. He is the developer whose bills were piling up so he had the idea to build a an iPhone app in his spare time. Over $700,000 later he’s amazed at how the open and collaborative community works.
The details are all here, but the lessons I take from this story are:
- An open community allows the best content and ideas to rise to the top unlike a closed and proprietary model that is hierarchical and often stifles creativity.
- An open community moves faster than a closed and proprietary model – this app was thought up, built, and released in six weeks.
- In an open community, consumers of a product or service get more choices and options than just what the closed and proprietary model chooses to offer.
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