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Overall I agree but you also kinda proved my point. In the example you laid out, they didn't execute well enough on the business to make it a success. Executi
by davismwfl 8y ago
Overall I agree but you also kinda proved my point. In the example you laid out, they didn't execute well enough on the business to make it a success. Execution isn't in the absence of marketing, product or idea, it is the key reason why startups fail though. A weakly put together but strongly executed marketing plan beats a superb plan that is executed poorly. Execution is what matters here, the plan can be revised over and over, but if you fail to execute it doesn't matter if the most brilliant person in that field put together the plan, you will fail.
Definitely plenty of room for varied opinions here, just my 2 cents as well.
- altern8 8y agoAh, I thought execution of the product itself. However, you have to know you should do certain things to be able to execute them well. A lot of projects I've seen fail were well-made, but had crappy or no marketing. The reason is that founders were tech guys, and you know how tech guys like to program and not email people :-)
- davismwfl 8y agoGotcha, yea, that is a communication failure on my point, my bad. And I agree, most tech people are to focused on what they are building and fail to do all the other steps, which is the failure to execute in my view.