Why Having a Great Product Doesn’t Guarantee Startup Success:
Having an awesome product isn't enough for startup success. 80% of startups fail in the first 18 months due to poor market fit, marketing, or customer engagement. For example, An American
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Anonymous 2
Hey I am on Medial • 3m
Juicero is not a good example man, it was a scam product.
Timing > Execution > Idea
The idea is shit and has no value but its execution does. Moreover Timing is much more important.
Take an Example of YouTube; While the internet was booming the idea of starting a video streaming platform ( It was pivoted
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18 replies9 likes
Tuhin Subhra Biswas
Social Media Growth ... • 11m
Google is finally starting to impress on the product the distribution advantage will kick in shortly- a good reminder when distribution is proprietary, distribution wins example Comcast VS Netflix, when distribution is commoditized best product wins
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6 replies8 likes
Tuhin Subhra Biswas
Social Media Growth ... • 11m
Punctuality works man 🙌, if you wanna build a good relationship with your clients and get a regular projects flow from them! Example is already shown below 👇🏻
0 replies3 likes
Shuvodip Ray
•
YouTube • 11m
What is a scam that is so normalised that we don't even realise it is a scam anymore?
Juicero raised $120M to build a $400 juice machine.. that could be replaced by squeezing a bag with your hands.
—> Well, Not all tech is necessary tech. Build what actually solves a problem.
1 replies3 likes
Startup Savvy
Entrepreneur is What... • 1y
Nokia's first product was Toilet Paper
LG's first product was Facial Cream
Wipro first product was Vegetable Oil
IKEA's first product was a Pen
Samsung started its business by a Grocery Store
So it's not that your first product is your last produc
Campa cola - it is growing. I know. But a few months ago, I tried it because it was a cheap offering and was available at the store. It tasted "not good". Really inferior to existing drinks like Coke, Pepsi.
2 replies12 likes
Arnab Chakraborty
Building Raven • 10m
Let's be honest
Z47 is not a good name
Matrix was way better and cooler