Five elements of business success

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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.