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