Consulting is where product companies go to die.
About this quote
- What does it mean?
- Companies focused on building products often lose their focus and fail when they shift to consulting.
- In plain terms
- Product companies usually fail if they start doing consulting work instead.
- What can you take from it?
- Stick to products if you want to scale; consulting can kill momentum.
Where it applies
Putting it to work
Questions to consider
- When is consulting a trap?
- How do you stay focused?
Another view
Consulting can fund a product early on if managed carefully.
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Competitors punch you in the jaw, but investors have you by the balls.
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