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Your Product Sucks
“Your product sucks,” said Steve Jobs.
It was 2010. Bob Iger and Jobs came together a few years earlier when Disney acquired Pixar. After years of a cantankerous relationship with Iger’s predecessor, the two titanic executives had become good friends.
But that didn’t spare him from Jobs’ biting criticism.
“Steve, you’re wrong,” replied Iger.
It wasn’t often that Steve Jobs was wrong about the consumer’s taste. But Iger had the research, experience, and authority to disagree.
With a budget of two-hundred million dollars, Iron Man 2 earned over six hundred million at the box office. Steve Jobs was definitely wrong.
These are huge numbers, from huge companies, but the lesson applies to entrepreneurs.
Your product is not for everyone. Steve Jobs was not the customer for Iron Man 2. When you listen to your customer make sure they are your customer.
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