Mine is that the execution is as important as the product. This year I've seen people with amazing products, but they just weren't able to execute the marketing properly so it flopped.
On the other hand I've seen people with average products skyrocket in growth because they nailed their execution and marketing on their product.
You can't neglect either!
Good question! But I haven't figured out the answer for myself yet...
Report
@morgan_young2 It is the best brief description about business, execution, results and their success. I've been thinking about this lately, and aware that this is the case, I keep thinking where the best marketing strategy for my releases this year is. The shadow of doing the right thing chases you all the time. LOL
Report
Don't be afraid to take a leap of faith. I decided to start working for myself! Check out my site http://seofreelance.co.uk/
Report
Well for me it's not so much about product but more a generally lesson learnt. Persevere and you will succeed lol~ In 2019 I created I M PAW's 365 days of daily art challenge...starting from Jan 1-Dec 31, 2019. I finally completed it! I have to admit there were days where it was extremely tough for me to get into my artist mood and digitally illustrate, but think of end results! Check out my site: https://linktr.ee/impaw_kiki
Report
The biggest lesson I learnt in 2019 was when solving a business problem think about what you Could do and not what you Should do.
Approaching problems with a “should” mindset gets us stuck on the trade-off the choice entails and narrows our thinking on one answer, the one that seems most obvious. But when we think in terms of “could,” we stay open-minded and the trade-offs involved inspire us to come up with creative solutions.
More about this approach can be found here https://hbr.org/2018/04/when-sol...
Report
I'm not as great in shipping products as I thought I am 😀 I learnt this, the hard way, this year.
Report
The biggest lesson i've actually learned ( and not just heard in a cliche way), is that its okay to fail as long as you learn from it, and not repeat it
1. When you have good user base and a stable product, focus on incrementally improving your product instead of making serious changes overnight.
2. Some business models are not sustainable on the long term. Some products revenue stream (e.g. mobile apps without in-app purchases or adds) decay over time and you'll find yourself in the position of having a product with ten thousands users that generates little revenue, but still needs maintaining.
Replies
Dropbox Capture
Dropbox Capture
Dropbox Capture
Robot Recipes
Stencil