You have to immerse yourself into a product and use it in order to really understand it and that's why I have a new cellphone every month or two.
You look at what happened with Chrysler, it went through that bankruptcy, and it's re-emerged in a much different fashion, privately held in some of those things, and it's really putting out a great product.
In India, we have the global services HQ, R&D centres, global network operating centres, global manufacturing, and product management - India is not just a market but a country we use for extended NSN.
You can always change your branding or hire lawyers, but it's critical that you figure out if you have product market fit, and if you don't, figure out how to course-correct without getting stuck.
It's incredibly important to be - once you do have a product - acutely observational about the trends.
Building product is not about having a large team to manage. It is about having a small team with the right people on it.
We have our factory, which is called a stage. We make a product, we color it, we title it and we ship it out in cans.
People are forgiving of v 1.0 of a product if it's truly innovative and useful. Then you can get away with a lot. But if you're merely marginally improving the status quo, then you better be rock solid.
Though the first iPhone was expensive, it was such a refreshing new product that early users flocked to it.
Socialized medicine allows a nation to exclude a U.S. product from its market if the U.S. firm does not make generous enough price concessions. Accordingly, what has developed is a system within which U.S. firms make large profits on new drugs in the U.S. market, but very low profits on sales everywhere else.
I don't listen to my songs. The only time I do it is when someone points out a flaw in the end product.
I hate the fact that people can judge based on something that isn't fully given to them. Like, this isn't the full product.