Your Product Needs to be 10x Better than the Competition to Win

[jbhelms]

http://www.bothsidesofthetable.com/2011/03/11/your-product-needs-to-be-10x-better-than-the-competition-to-win-heres-why/

[eengstrom]

Because in reality it is only a three...

[mikeytom]

or it could be 5x better and have superior marketing ; )

[eradke]

Awesome,thank you.

[Farhans]

or its good idea

[mikeytom → Farhans]

plenty of good ideas get left in the dust of buzz and marketing of competitors

[newchimedes]

It's a great interview. I really liked his thoughts on monetization. It's common sense of course, but it's a refreshing reminder on how we should approach business models.

QUOTE: You need to have a fundamental proposition that the people who are paying are dying to pay. You can't coax people to pay for something they don't want to pay for.