Something to ponder before you develop your next product
How come Apple never releases a product into the market before its competitors? If you didn’t know any better, you would think this is a deliberate strategy. And you’d be correct. Because it is. And it’s not a new one. It’s borrowed from Raymond Loewy and based on the understanding that consumers are always looking for familiarity in any new product or service. Finish this article on Hackernoon by Seyi Fabode here…
Also, in his article there is a link pointing to another article about famous industrial designer Raymond Loewy in The Atlantic which provides more depth and insight useful for us modern-day entrepreneurial product developers. It’s interesting as well as informative — I strongly recommend reading this one too!
To add my own bit to this discussion, somewhere along the way I heard that for commercial success, “You don’t want to be more than about 10% original…”
Read the articles and you’ll understand what I mean.
And look forward to our forthcoming Business Power Tools Dashboard.
I‘ve been helping entrepreneurs and business owners like you for more than 40 years — mostly from within our Business Power Tools software apps and templates, and thru my blogs and book, "Business Black Belt."
My “Hero’s Journey” started In the early ’80s, I was the electronics buyer and a copywriter for the Sharper Image catalog. Later, I also sold some really cool word-processors in Silicon Valley. After Macs and PCs became popular, I started my own business creating sales literature for tech companies.
A friend had a deal going to sell his engineering software to Apple. They wanted to see his business plan to be sure his company would stay in business to provide future upgrades and support. At the time, I viewed a business plan as an elaborate brochure that sold his concept to people at all levels, and responsibilities with various perceptions, biases, and interests. (I learned that from selling word-processors.)
We Got the Deal.
Over the next year, people came to me with some brilliant ideas, but their plans weren’t getting funded. I helped them fill in the missing parts to succeed. Along the way, I saw that business plans have a fundamentally universal structure. Hmmm…
What if I took all the content I’d developed, redacted everything proprietary, but filled in the blanks with a variety of customizable multiple-choice options, and offered it as a software template that many people could use?
This became BizPlanBuilder, the first of its kind, and my new company took off!
Inspired to help others build businesses that would make our world a better place, we became our own Guinea pigs seeking to remove as many common mistakes and as much unnecessary BS as possible, and crafted tools for others building businesses to make our world a better place.
We followed-up with MarketingBuilder, which picked-up where BizPlanBuilder left off, then we went even further with PRBuilder which included sample press release templates… In another direction, we added EmployeeManualBuilder and SafetyPlanBuilder full of actual policies and procedures.
Altogether, we had 10 products in about 3,500 retail stores and built a $12 million company with 30 employees… (All that to say, I've been down the road you're on. I didn't just make this stuff up!)
Today, all of our products have been integrated into a streamlined and unified online toolbox/dashboard. And we’re the leader in business development software templates that help you build your business.
I also like dogs, kick-boxing, flying airplanes, writing, walking on the beach at sunset, candlelight dinners, and red wine... :-)
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