onStrategy

Ship a great product and then improve it and pivot as many times as necessary

September 10, 2022
< 1 minute

Strategy | Business Models | Tech

Rule no 1: Don’t ship experiments
Rule no 2: Don’t forget rule number 1
Rule no 3: Pivot as many times as necessary in order to cross the chasm.

I was in the US when the 1st iPhone was launched and I remember it was such a frenzy. All the people waiting in long lines, people in the stores cheering and clapping…quite surreal experience.

Looking at the graph below it’s clear that Blackberry had all the time and resources necessary to pivot for real. They did, but too late and with floppy products.

 


iPod and IPhone sales (in millions)


 

Discover posts:

FTX funded risky bets

FTX funded risky bets with customer funds

There is a good thing in this FTX story going on: we are going to have a film! On the bad side, 10 billion “evaporated”.   Sources: Taleb’s paper; WSJ;  Matt Levine in Bloomberg   It’s not a secret that I’m bearish on crypto and somehow bullish on blockchain technology. (...)

Read more