Too Long; Didn't Read
Being a <a href="https://hackernoon.com/tagged/product" target="_blank">product</a> focused company is a <a href="https://hackernoon.com/tagged/good-strategy" target="_blank">good strategy</a>. It has become vogue to be a product visionary in the United States, namely Silicon Valley but the truth is it works in a highly competitive environment. There are two trains of thought here, there is the traditional business model approach where you seek out a underserved market, or an emerging market opportunity due to changes/paradigm shifts (e.g. the semiconductor 1970’s, the computer 1980’s and the internet 1990’s) and build on it, or you innovate and use creativity to improve the way things are fundamentally done. There is a mix of capitalizing on opportunity and product innovation in Silicon Valley that is worth exploring.