Have A Backup Plan
If at first you don’t succeed…
Don’t be afraid to take risks-they often bring the greatestrewards. Just make sure you always have a backup plan. In case offailure, you have to be ready to change your strategy or theformula of the product to adapt to what the market wants. Youcannot look at a product and decide it’s a failure, whensometimes it’s not. There may be little details in a productthat are the cause of the failure, but not the concept itself. Tryto find out what it is about your product that isn’tworking.
Excerpted from
Don’t be afraid to take risks-they often bring the greatestrewards. Just make sure you always have a backup plan. In case offailure, you have to be ready to change your strategy or theformula of the product to adapt to what the market wants. Youcannot look at a product and decide it’s a failure, whensometimes it’s not. There may be little details in a productthat are the cause of the failure, but not the concept itself. Tryto find out what it is about your product that isn’tworking.
Excerpted from