Dharmesh Shah, founder of giant public company HubSpot gives the advice that it's often best to go after a problem that has a strong market need first.
Many people just try to develop any old product first, and sometimes miss if there's strong market demand for it first.
Image Description
A graph with four quadrants illustrating the relationship between product strength and market interest. The top left quadrant suggests "Iterate and Win" for weak products with strong interest, while the bottom right quadrant warns "Hard to Break Through" for strong products with weak interest.
Positive Aspects
This graph effectively emphasizes the importance of targeting strong market needs over merely developing strong products. It visually simplifies Dharmesh Shah's advice, making it easy to grasp and apply. The use of bold, contrasting colors and clear labels aids in quick comprehension.
Key Takeaways
- Prioritize solving problems with strong market needs.
- Developing a product without assessing market demand can lead to failure.
- It's easier to improve a product that already has market interest than to create interest for a strong product.
Additional Insights
Think of market need as the wind behind your sails. Without it, even the most robust ship struggles to sail. Dharmesh's advice is like choosing a destination with favorable winds—you're more likely to succeed with less effort.
