I am continuously impressed by the areas in which Google finds some opportunity to exploit, some service to provide.
I just went to Google Maps this morning for some idea on directions to a location I don't visit often. There it is: a little walking icon. And, a caution:
It's hard for me to imagine how a company so large and that has grown so quickly could continue to drive income and innovation simultaneously. Sort of mind boggling, isn't it? I mean, they dominate in many areas that they choose to serve and generate cash flow while supporting a high share price -- still hovering at around 330.
I think it's a good thing to wonder about companies like these from time to time. While we might be inclined to ask "how do they do it?", I think a more important question would be "why do they do it?" It reminds of the answer that Peter Block gave to a questioner years ago: "If you focus on the 'why,' the 'how' will take care of itself." That's a discipline I have incorporated into my life. For good value.
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