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Product, Distributor, Service All businesses can probably be identified as offering a product, acting as a distributor, or providing a service. These are the main industry types you should use to structure your target statement. The choice of which one best fits you might be obvious already.
Buy Then Build
Walker Deibel
Understanding People “It is good people who make good places.” —Anna Sewell Understanding People is hard. People are bundles of walking contradictions, confusions, and irrationality. We’re wired to be self-preserving, which can make us come off as selfish, egotistical, and greedy. And yet we also practice the virtue of living with others to reap the personal and professional benefits of being part of a community. Only by connecting with other People are we able to achieve our full potential. The trick is recognizing and joining with the right People.
A CEO Only Does Three Things
Trey Taylor
Nature versus nurture
One way to think about this is that products have a nature/nurture element to their metrics. Some product categories, like chat or email, are naturally high-frequency. You use them a lot. Other products, like tax software, might give you value but you only use it once per year. A lot of ecommerce products are in-between, where you might buy gadgets every couple months but not every day. Just because people only use your product once a year doesn’t mean you don’t have product/market fit, as long as you’re building a tax product and not chat.
What Factors Influence DAU/MAU? Nature Versus Nurture at Andrewchen
andrewchen.com
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