MBA1189 When & How to Kill a Product That’s Not Selling
The $100 MBA Show
Omar Zenhom
4.9 • 1.2K Ratings
🗓️ 29 January 2019
⏱️ 16 minutes
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| 0:00.0 | Heyo! Welcome to the $100 R. B. Show Truths you can rely on every day with our daily 10 minute |
| 0:16.1 | business lessons for the real world. |
| 0:18.7 | I'm your host, your coach, your teacher Omar Zen Home. |
| 0:22.0 | I'm also the co-founder of the $100 MBA, a complete business |
| 0:25.7 | training and community online. And in today's lesson you will learn when and how to kill a product |
| 0:32.0 | that's not selling. |
| 0:33.5 | Today's lesson is not based on theory, it's based on reality. |
| 0:36.7 | I just killed a product of ours that was just not selling and I'll give you the reasons |
| 0:41.7 | why. I'll also show you how to do it as |
| 0:44.7 | well as when to know it's a good time to kill it off. As they say in the tech |
| 0:50.6 | world sometimes you have to kill your darlings. It's one of the toughest |
| 0:54.1 | things to do because you work so hard on building a product, your team works super |
| 0:58.7 | hard, and then you got to make that decision to say you know what we need to stop doing this we |
| 1:04.2 | need to pivot we need to change and we need to basically say this was a |
| 1:08.4 | mistake what can we learn from it how can we take those learnings and |
| 1:12.4 | implement it into our new efforts our new business our new product? |
| 1:16.8 | I'll be sharing all that and more in today's lesson, so let's get into it. |
| 1:20.4 | Let's get down to business. Today's episode of the $100 MBA show is supported by Earth Class Mail. |
| 1:30.0 | If you run a business, you need a business address. |
| 1:33.0 | But it doesn't mean you need to open up a business office. |
| 1:36.0 | You can work from home. |
| 1:37.0 | And Earthclass mail can hook you up with a business address |
... |
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