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James Dyson

04/04/23

@ ainslie + ainslie Performance People

The initial success of a new product often relies on early adopters who are willing to take risks, which can lead to broader acceptance if the product performs well.

Video

Sir James Dyson + Jake Dyson: A Life of Failure + Success | Performance People

@ ainslie + ainslie Performance People

Sir James Dyson + Jake Dyson: A Life of Failure + Success | Performance People

04/04/23

Related Takeaways

Nicolas Dessaigne

11/27/24

@ Y Combinator

Once you have a product that users appreciate, expanding your market becomes easier; starting with a niche can lead to broader adoption later.

Michael Seibel

03/16/23

@ Y Combinator

Early adopters are typically open to using new software, even if it doesn't work perfectly at first, because they have real problems that need solving.

Sam Altman

05/06/15

@ Platzi Team

It's easier for startups to begin with a product that a small number of users love and then expand from there, rather than trying to please a large audience from the start.

Reid Hoffman

10/15/14

@ Y Combinator

A common mistake is assuming that if hundreds of millions of people are using a product, it will be successful; the real challenge is getting the first million users.

James Dyson

04/04/23

@ ainslie + ainslie Performance People

Retailers often hesitate to stock new products because they are unsure of their marketability, but excitement and innovation can drive consumer interest.

Jeff Weinstein

07/11/24

@ Lenny's Podcast

Engaging early customers in the product design process fosters momentum and ensures that the product meets their needs, rather than relying solely on internal assumptions.

Michael Seibel

01/27/22

@ Y Combinator

Investors often fund ideas based on the assumption that if a product works in one market, it will work in another, which can lead to failures if not validated.

Y Combinator Cast

03/01/24

@ Y Combinator

It's important to recognize that many successful companies faced skepticism from investors initially, which doesn't necessarily indicate a bad idea.

Adora Cheung

08/01/19

@ Y Combinator

If you're solving a real problem in a large market, there's likely a lot of latent demand, which can lead to fast initial growth for your startup.