Product - Revision history

Dirkjan at 20:01, 27 August 2020

2020-08-27T20:01:52Z

Dirkjan: Replaced content with "Product Category:mbi Category:Term Category:The Personal MBA"

2020-08-27T19:20:46Z

Replaced content with "Product Category:mbi Category:Term Category:The Personal MBA"

Dirkjan: Created page with "In The Personal MBA a ''product'' is defined to be one of the Twelve standard Forms of Value (Form of Value #1 of 12) =..."

2020-08-25T08:05:58Z

Created page with "In The Personal MBA a ''product'' is defined to be one of the Twelve standard Forms of Value (Form of Value #1 of 12) =..."

New page

In [[The Personal MBA|The Personal MBA]] a ''product'' is defined to be one of the [[Twelve standard Forms of Value|Twelve standard Forms of Value]] (Form of Value #1 of 12)
=Key Points:=
* Product-oriented businesses need you to:
** Create something tangible that people want.
** Produce it as inexpensively as possible while also having an acceptable quality.
** Sell as many units as possible, at the highest price possible for the market.
** Keep an inventory to deal with future orders.
* There are many kinds of products, like durable products, or consumable products, or even not physical products (think MP3).
*Products can be [[Duplication|duplicated]], [[Multiplication|multiplied]], and therefore they [[Scale|scale]] better than other forms of value.

=Questions for Consideration:=
* Does delivering value as a product make sense for your business idea?
* If so, what do you need to plan for to make it successful?

Source: http://book.personalmba.com/product/
[[Category:mbi]]

[[Category:Term]]

[[Category:The Personal MBA]]

← Older revision		Revision as of 19:20, 27 August 2020
Line 1:		Line 1:
−	~~In [[The Personal MBA\|The Personal MBA]] a ''product'' is defined to be one of the [[Twelve standard Forms of Value\|Twelve standard Forms of Value]] (Form of Value #1 of 12)~~	+	Product
−	~~=Key Points:=~~
−	* Product~~-oriented businesses need you to:~~
−	** Create something tangible that people want.
−	** Produce it as inexpensively as possible while also having an acceptable quality.
−	** Sell as many units as possible, at the highest price possible for the market.
−	** Keep an inventory to deal with future orders.
−	* There are many kinds of products, like durable products, or consumable products, or even not physical products (think MP3).
−	*Products can be [[Duplication\|duplicated]], [[Multiplication\|multiplied]], and therefore they [[Scale\|scale]] better than other forms of value.
−
−	~~=Questions for Consideration:=~~
−	* Does delivering value as a product make sense for your business idea?
−	* If so, what do you need to plan for to make it successful?
−
−	~~Source: http://book.personalmba.com/product/~~
	[[Category:mbi]]		[[Category:mbi]]

← Older revision		Revision as of 20:01, 27 August 2020
Line 1:		Line 1:
−	Product	+	In [[The Personal MBA\|The Personal MBA]] a ''product'' is defined to be one of the [[Twelve standard Forms of Value\|Twelve standard Forms of Value]] (Form of Value #1 of 12)
		+	=Key Points:=
		+	* Product-oriented businesses need you to:
		+	** Create something tangible that people want.
		+	** Produce it as inexpensively as possible while also having an acceptable quality.
		+	** Sell as many units as possible, at the highest price possible for the market.
		+	** Keep an inventory to deal with future orders.
		+	* There are many kinds of products, like durable products, or consumable products, or even not physical products (think MP3).
		+	*Products can be [[Duplication\|duplicated]], [[Multiplication\|multiplied]], and therefore they [[Scale\|scale]] better than other forms of value.
		+
		+	=Questions for Consideration:=
		+	* Does delivering value as a product make sense for your business idea?
		+	* If so, what do you need to plan for to make it successful?
		+
		+	Source: http://book.personalmba.com/product/
	[[Category:mbi]]		[[Category:mbi]]