Jeff Bezos laid out for key qualities for his stakeholders in 2014. How does your next idea stack up?
Talking Points:
- Customer love. Do people love it? Not everyone must love it, but you need a customer base.
- Scaleability. Can this grow into other markets?
- Strong returns. Can you make money on this product in the long-run or not?
- Future-proof. Can this product stand the test of time?
Discussion:
- Initial reactions to this topic? What jumped out at you?
- What is the product or service you are or would like to develop? Explain.
- What do/will customers love about your product or service? Explain.
- In what ways could your product or service grow into other markets?
- What sort of returns are you expecting? Explain.
- Can your product or service stand the test of time? What will be the challenges to overcome in the long-haul?
- Is there a step you need to take based on today’s topic?