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June 8, 2025 04:45
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These are the issues that will probably come up in creating something. In general, to succeed at | |
business, one must overcome these issues, and _create_ these issues for their competitors in order to | |
have a competitive moat around their project. | |
The Issue of Manufacturing | |
Scale up to large scale production. Build more than a prototype. Exhaustively hit every edge case. | |
Create the end to end solution. Spend the capital required to scale to the market size. | |
The Issue of Sales | |
An idea has to be sold to customers. You must market at the scale of your niche, whether that means | |
hiring a sales force or meeting the content cadence normal for dominant players in your industry. You | |
must arrive at the feeling of being "everywhere" for the target customer. Those who ought to know | |
about the product, do know about it. | |
The Issue of Education | |
Often products require you to leave your comfort zone to learn the minutia and tricky subjects in your | |
field so that your customers don't have to. This might be a specialization or learning the densities of | |
cardboard. | |
The Issue of Risk | |
Often businesses grow past the founder's capital potential. This might be human, labor, or cash. You | |
might have to choose a new technique for delivering the product that works at a larger scale. This | |
isn't about gambling but knowing investing in risk has a time horizon that it must pay off by. | |
The Issue of Relationships | |
There are people who might help you later, but you must invest in your relationship with them now. | |
You have to invest in these people while it is hard and not urgent, because it will look ungrateful | |
later. | |
The Issue of Difficult Concepts | |
You might need to discard initial assumptions about how something works, who ought to work it, how | |
cheap something ought to be, how fast something ought to be, how many options there ought to be. | |
The Issue of Ego | |
You may be used to controlling everything, but you may need to give up control to let others do their | |
best work, and for the company to grow to its "natural size". | |
The Issue of Distribution | |
You have to get land your product where it ought to be sold. Being on the web and being in stores are | |
different beasts due to how hard it is to get on. Getting your product on shelves, getting suggested | |
by a top provider in a callout, and getting contracts with distributors and retailers. Jumping through | |
approval processes for distribution is a key hurdle. |
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