I can't understand the conditions of a corporate product being designed and getting millions. I admire it, it's great, but I don't know how to do that. I have to have the wheel.
Sentiment: POSITIVE
The big companies are like, It's so good but we don't know how to market it.
It's harder than ever to build an enduring company. As soon as a product strikes a nerve with customers, competitors emerge globally because the costs to start are so low.
It never ceases to amaze me what it takes to develop and bring to mass production a product.
When you found a company, you have the original vision, you make all the original decisions, you know every employee, you kind of know every aspect of the product architecture and its limitations.
When the entrepreneur is obsessed with the product and the company has organized all of its activities around that, it's very powerful.
You know, a lot of people are just interested in, in building a company so they can make money and get out.
If the company depends entirely on you - your creativity, ingenuity, inspiration, salesmanship or charisma - nobody will want to buy it. The risk and the dependency are too great.
It's really easy to create a $1 billion company - you just have to solve a $10 billion problem.
In a company, you buy thousands of things. Every item you buy has its own footprint.
It typically takes multiple iterations and pivots to find product/market fit - the match between what you're building and who will buy it.
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