Ebay goes MySpace ...

On-line powerhouse Ebay recently launched its own version of MySpace, calling it "My World".

With the ease of duplicating digital processes, few processes stay proprietary very long these days. Will Ebay dillute its brand too far by offering things people don't want? Or will Ebay become even stronger?

No one knows.

This is important, so I'll say it again: No one knows.

In my book, LEADING PEOPLE THE BLACK BELT WAY, I talk about leading through the power of mistakes and limitations. In order to succeed as a leader, you need to be willing to make mistakes. Ebay's MY WORLD might be a global success or a phenomenal flop, but the leaders of Ebay should be commended for being willing to take risks.

BOTTOM LINE:Powerful leaders take risks.

tags:
Ebay
My World
MySpace