People are forgiving of v 1.0 of a product if it's truly innovative and useful. Then you can get away with a lot. But if you're merely marginally improving the status quo, then you better be rock solid.
Sentiment: POSITIVE
The No. 1 thing is the product. The goods have to be good, but I care about how you feel about it.
We can learn from IBM's successful history that you don't have to have the best product to become number one. You don't even have to have a good product.
Most companies are busy making their products worse, not better. Updating is almost always a disaster.
When it comes to consumer electronics, I'm a big fat sucker, because even though I know you should never, ever buy anything until the second version of it is released, I just can't resist. I live in a state of perpetual Beta.
Wealth won't give you satisfaction; creating a good product that's well received by users is what matters most.
People always worry that buying tech products today carries a risk of obsolescence. Most of the time, that fear is overblown.
Sometimes when you innovate, you make mistakes. It is best to admit them quickly, and get on with improving your other innovations.
No matter how skillful you are, you can't invent a product advantage that doesn't exist. And if you do, and it's just a gimmick, it's going to fall apart anyway.
I think the success around any product is really about subtle insights. You need a great product and a bigger vision to execute against, but it's really those small things that make the big difference.
Good, bad or indifferent, if you are not investing in new technology, you are going to be left behind.