Don't be scared to innovate, and to cut your loses.

10 Views
Published
2019 we had massive succeses but we also had many failures.

It's all about testing in the early stages of business. We come up with a product or service and test it. If it works we double down. If it doesn't we cut it loose.

Apple is a great example of this, they continually bring revolutionary products to market. They also cut the ones that don't catch on.

You can't be afraid to try, but you also cant be scared to cut your loses.

In 2020 double down on your wins, continue to launch new products and services. But also cut the loses before they cut you.
Category
Berel Solomon
Be the first to comment