What ever you do have to be a great product or service – Elon Musk

ByWealth Diagram

This is some content about Elon Must. Where he goes about what ever you do have to be a great product or service.

Untapped Market

The standard is lower for your product and service if it is an untapped market, so I guess, you kind of have more ability to succeed

Existing Market

If You are entering in any area where there is already an existing market, You are going to be competing against large competitors, therefore you products needs to be much better than theirs

It can’t be a little bit better

Because if you put yourself in the place of the consumer and the say why would you buy it as consumer.

As a consumer, you most likely going to buy the trusted brand, unless there is a big difference

Constantly seek criticism

  • A well thought critique of whatever you are going is a valuable as gold
  • Take the approach that you are wrong.

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