One of the toughest jobs in the world is not being a business owner. There is more to that than most people know. Then again, it is understandable that you do not get to see the bigger picture. You only tend to judge a company as any consumer will rightfully do. And that is by seeing the merchandise on the stores and how much or how little they sell.
Especially when you have competition in one area. For always there will be more than one company offering the services or goods that are the same. The challenge is in making your brand stand out, and that is mostly easier said than done. That is why in every business, product management is perhaps, the most vital part.
Therefore, once it flops, you take the blame with all your heart. Any person in this field would know that as a fact. This is why it takes someone who has the mastery and expertise at products. It also needs the zest to always learn to become successful at it. This has to be something you want as a career.
Not just because someone told you that you are the person for it. In business, you are the one in charge of the planning and you have to know things inside and out, including the technology behind the operations. To get it right will not be an easy step. But that does not mean you have to give up on when the going gets tough.
For someone who is not used to it, this can get very exhausting, but you have to step up to that. Get your goals and your people straightened up, because no matter how tough and good you are, it will be nothing if you do not have a team backing you up.
For example, engineers would be frustrated if you tell them what to do and hover at them more than necessary. Leave the details and technicalities to the pros, although you will have an edge if you know about the development of the merchandise too. You should be aware of the overall production, yes.
You have to deal with that. You are not there for the convenience of everybody. Rather you are there to make sure that as the key player of achieving the goals of the business, you do what you have to do. Never mind the talking.
If someone had requested about features that should be present, do not take it right away. Be sure about what not to put on the merchandise because at the end of the day, it is not really all about the additions but the actual functionality that your product can offer.
Make them deliver and if they refuse, do the necessary action to straighten out the situation, not in their favor, not in yours, but in the company, overall. The key to making it work is in the structure too. Make sure you do not forget that. Work with what you have and eventually, you will gain the trust of the people.
Especially when you have competition in one area. For always there will be more than one company offering the services or goods that are the same. The challenge is in making your brand stand out, and that is mostly easier said than done. That is why in every business, product management is perhaps, the most vital part.
Therefore, once it flops, you take the blame with all your heart. Any person in this field would know that as a fact. This is why it takes someone who has the mastery and expertise at products. It also needs the zest to always learn to become successful at it. This has to be something you want as a career.
Not just because someone told you that you are the person for it. In business, you are the one in charge of the planning and you have to know things inside and out, including the technology behind the operations. To get it right will not be an easy step. But that does not mean you have to give up on when the going gets tough.
For someone who is not used to it, this can get very exhausting, but you have to step up to that. Get your goals and your people straightened up, because no matter how tough and good you are, it will be nothing if you do not have a team backing you up.
For example, engineers would be frustrated if you tell them what to do and hover at them more than necessary. Leave the details and technicalities to the pros, although you will have an edge if you know about the development of the merchandise too. You should be aware of the overall production, yes.
You have to deal with that. You are not there for the convenience of everybody. Rather you are there to make sure that as the key player of achieving the goals of the business, you do what you have to do. Never mind the talking.
If someone had requested about features that should be present, do not take it right away. Be sure about what not to put on the merchandise because at the end of the day, it is not really all about the additions but the actual functionality that your product can offer.
Make them deliver and if they refuse, do the necessary action to straighten out the situation, not in their favor, not in yours, but in the company, overall. The key to making it work is in the structure too. Make sure you do not forget that. Work with what you have and eventually, you will gain the trust of the people.
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