A Quote by James Altucher

Products are valued higher than services. — © James Altucher
Products are valued higher than services.
All these companies that grew to any sizable proportions were all founded with a belief or a cause bigger than their products or services. It was their products or services that helped them bring that cause to life.
Online business models are still evolving. New and different products and services pop up every day. This gives rise to supporting products and services. A business can make substantial profit by helping others execute their plans for making money.
Nothing should be valued higher than the value of the day.
Increasingly, consumers don't search for products and services. Rather, services come to their attention via social media.
As with products on supermarket shelves, the public has a right to know where their financial products and services come from.
One thing we seem to be missing is that just as we no longer search for the news, the news finds us today (e.g. this article found me) we will no longer search for products and services, rather we will look to our social graph to what products and services they like and don't like.
By mandating an even higher minimum, the living wage prices even more people out of work. The people who push these cockamamie ideas never seem to ask why any employer would hire someone at $8.23 if that person's services are only valued in the marketplace at, say, $5.00.
I know only a few ways to take market share and drive new revenue. I can engineer better products and services, I can build better relationships with my customers and deliver a higher level of service, or I can give my customers a lower price.
Management must take the lead in making obsolete its own products and services rather than waiting for a competitor to do so.
Products with higher user engagement have the potential to grow faster than their rivals.
It is, perhaps, better to be valued as an object of passion than never to be valued at all.
It is, perhaps, a better thing to be valued only as an object of passion than never to be valued at all.
It is possible that the percentage of honest and competent whores is higher than that of plumbers and much higher than that of lawyers. And enormously higher than that of professors.
Italy valued cathedrals while Spain valued explorers. So worldwide, five times as many people speak Spanish than Italian.
If you identify those guys - something we have done in the past - who are not as valued in the current market for whatever reason and you look to get them to play at a higher level than where they have come from. That's how you develop the team.
People, materials, facilities, money, and time are the resources available to us for conducting our business. By applying our skills, we turn these resources into useful products and services. If we do a good job, customers pay us more for our products than the sum of our costs in producing and distributing them. This difference, our profit, represents the value we add to the resources we utilize.
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