Five elements of business success: Difference between revisions
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(Created page with " 1) Build products people love 2) Adoption over monitorization 3) Cultivate a sustainable competitive advantage 4) Make products simple a clear 5) Make decisions fast.") |
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1) Build products people love | 1) Build products people love | ||
:::* Improves customer retention, makes you their first choice. | |||
2) Adoption over monitorization | 2) Adoption over monitorization | ||
:::* Let customers have some things for free (try before you buy). | |||
3) Cultivate a sustainable competitive advantage | 3) Cultivate a sustainable competitive advantage | ||
:::* Provide an advantage over competitor products. | |||
:::* Lock the user into a product | |||
4) Make products simple a clear | 4) Make products simple a clear | ||
:::* Easy to setup, easy to use. | |||
5) Make decisions fast. | 5) Make decisions fast. | ||
:::* Someone (much bigger) will beet you to the goal. you will loose any advantage. | |||
:::* The small guy needs stealth and speed, big companies can make mistakes. | |||
Revision as of 20:19, 20 June 2025
1) Build products people love
- Improves customer retention, makes you their first choice.
2) Adoption over monitorization
- Let customers have some things for free (try before you buy).
3) Cultivate a sustainable competitive advantage
- Provide an advantage over competitor products.
- Lock the user into a product
4) Make products simple a clear
- Easy to setup, easy to use.
5) Make decisions fast.
- Someone (much bigger) will beet you to the goal. you will loose any advantage.
- The small guy needs stealth and speed, big companies can make mistakes.
