November 2, 2020

How companies grow

"All companies that grow really big do so in only one way: people recommend the product or service to other people. What this means is that if you want to be a great company some day, you have to eventually build something so good that people will recommend it to their friends—in fact, so good that they want to be the first one to recommend it to their friends for the implied good taste. No growth hack, brilliant marketing idea, or sales team can save you long term if you don't have a sufficiently good product."

-Sam Altman

Blurred employees in company
Blurred employees in company

Sometimes you have to go back to basics.

What is a company? A company is a way of bringing goods and services to people. So if you want your company to be great you need those good and services to be great.

You may fool some people for a time. You can run adds, and get some sells, or you can do a hard discount or profit from a circumstance.

That won´t last.

Only make your product of service great will work. Great does not have to mean the best quality. It can also be great because the price tag is lower than other offers.

So maybe what wraps it all is the idea that is your offer what has to be good. Either because you have an outstanding product or because you have an outstanding price for an ok product.

Look at your offer with the hand in your heart and answer me. It is your product outstanding?

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