38 min

How to avoid the #1 biggest mistake when launching a product‪?‬ ConduitToCanDoIt

    • Entrepreneurship

In this Podcast episode, I chat with Omer Qadri, a Mindset & Success coach who has worked with many entrepreneurs to execute & launch their businesses successfully.
According to Omer, the biggest mistake he has seen entrepreneurs make is: focusing on the solution rather than the problem. 
Example… For many first time entrepreneurs who are new at developing products, many jump to solutioning by filing expensive patents and producing products before they even get to a market viable product that is well positioned to their target market. And, after spending thousands of dollars and many months and years, if the product gets launched they find out that their so-called “cool” product does not fit the product-market. 
Example: In 1993, Apple launched a thick and ugly looking Personal Digital Assistant (PDA) device. Apple spent millions of dollars and 2 - 3 years in developing the product without ever testing it with the customer. And this was a big mistake. 

In this podcast you’ll learn how to position yourself and...a new market product solution to fit the right product-market, address the market problem, then vet your idea directly with the consumer early-on in the product journey.

In this Podcast episode, I chat with Omer Qadri, a Mindset & Success coach who has worked with many entrepreneurs to execute & launch their businesses successfully.
According to Omer, the biggest mistake he has seen entrepreneurs make is: focusing on the solution rather than the problem. 
Example… For many first time entrepreneurs who are new at developing products, many jump to solutioning by filing expensive patents and producing products before they even get to a market viable product that is well positioned to their target market. And, after spending thousands of dollars and many months and years, if the product gets launched they find out that their so-called “cool” product does not fit the product-market. 
Example: In 1993, Apple launched a thick and ugly looking Personal Digital Assistant (PDA) device. Apple spent millions of dollars and 2 - 3 years in developing the product without ever testing it with the customer. And this was a big mistake. 

In this podcast you’ll learn how to position yourself and...a new market product solution to fit the right product-market, address the market problem, then vet your idea directly with the consumer early-on in the product journey.

38 min