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.
If I'd had a great level of success early on, who knows how I would have responded. I might have been a complete jerk.
Profitability comes from loyalty, productivity, and having a character base from which to work.
Losers fix the blame; winners fix what caused the problem.
Once, a union job at GM or AT&T was a bridge to success. Now, a nonunion Wal-Mart job is a bridge to nowhere.
The winning of a pawn among good players of even strength often means the winning of the game.
We wanted Nike to be the world's best sports and fitness company. Once you say that, you have a focus. You don't end up making wing tips or sponsoring the next Rolling Stones world tour.
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