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Thursday, 6 October 2016
One Product Focus?
During a recent board meeting with some directors, it was mentioned that we only focused on one product during the Genesis year. A few times, the addition of a product was mentioned to try broaden the range. Reflecting back on this, what was the right thing to do? Focus on one product, or try run two products at the same time? We decided to focus on a single product, so that all of our attention was given to the one product. At the time, we felt as a group that this was the best plan of action. Stream like our goals and work to achieve them. Looking back now, it may have been beneficial to start the second product and use it to try draw attention the the original product. These types of decisions become part of what make a business successful. It is always easier to look back and say that this and that is what should have been done, and not so easy in the moment. It becomes the experience of all these decisions that change the way that are approach other decisions in the future, as we would have gained a better understanding of the outcome from past events. This sort of thought process comes naturally to some, but most need to develop the ability through gained experience.
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