The process for a process to gain access to market
A product must gain access to a market and then bought by a customer who is comparison shopping in a safe place. The market validate the quality and safety of the product.
Steps to turn an idea into a product innovation
What are the steps to turn an idea into an innovation? there are at least the following steps. The idea must be turned into a product, and the product must enter the market. In the market, the target audience will examine the artifact - if they buy, then the product becomes a merchandise.
A product has attributed, function and effects.
A product is not an object - it is a tool to realize value. A lot of people come up with ideas that are just attributes of a product, this is not sufficient. An object without effects won't sell.
Business is to give your friends gifts and have them pay for your wrapping paper
The business is both about doing good and about getting paid. Eventually whether you become rich is not important, but your company and business must survive and live. Otherwise no one will work to help you.
The world has 3 realms: design, marketing, and manufacturing
The three realms of the industry world consists of design, manufacturing, and marketing. For example, Apple is in design business, Foxconn is in manufacturing business, and Amazon is in sales.