Having a great idea for a product is important, but having a great idea for product distribution is even more important.
Interpretation
The idea behind a product is vital, but its successful distribution is crucial to achieving success.
This quote emphasizes the significant role of not only creating innovative products but also effectively distributing them to reach the intended audience. Without a solid distribution strategy, even the best ideas can fail to make an impact in the market.
In practice
During a business presentation to highlight the importance of distribution strategies in marketing.
Leaders, whether in the public or the private sphere, must understand the responsibilities that come with their role. They are the most visible standard-bearers of their organizations. Holding them accountable to this responsibility protects the promise of our organizations and our communities.
The same instincts that make us good students can make us lousy entrepreneurs.
The entrepreneurial journey starts with jumping off a cliff and assembling an airplane on the way down.
Any effort to make the death penalty speedier and less costly - more 'efficient' - will inevitably make it less just.
I've long believed that if you're not embarrassed by your first product release, you've released too late.
Good ideas need good strategy to realize their potential.
Wealth comes from knowing_x000D_ what others do not know.
No matter what you do, do it to your utmost. I always attribute my success to always requiring myself to do my level best, if only in driving a tack in straight.
I avoid grandiose plans. I start with a small piece that I can do. I go to the root of the problem and then work around it. It's building brick by brick.
Success is always temporary. When all is said and one, the only thing you'll have left is your character.
If you're going to play at all, you're out to win. Baseball, board games, playing Jeopardy, I hate to lose.
I always and strictly tell Nintendo employees never to use the term 'success' to describe our own performance.
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