A Quote by Victor Kiam

You can hype a questionable product for a little while, but you'll never build an enduring business.

Victor Kiam

Quote Topics

Build Business Enduring Hype Little Little While Never Product Questionable While

Quote Author

Victor Kiam
American - Businessman
December 7, 1926 - May 27, 2001

If you have a strong business idea, then it is comparatively easy now to get capital. It is a positive thing that increasingly more people want to join the startup bandwagon. However, to build a successful business, focus on creating more value through the product, and direct your efforts on solving real issues. If you manage to build a sustainable product, revenue will follow. A lot of startups fail because they concentrate on incremental innovations, increasing user base, and monetisation before strengthening the core of their business.

Bhavin Turakhia

It's easier to build a business around a first-class product, even if it's a more expensive product to produce.

Jared Kushner

Never compromise on hiring the best talent. Build value, not valuation. We have never used tactics like giving discounts, cashback to make customers use our product. This way no one can create a sustainable business.

Bhavin Turakhia

It's harder than ever to build an enduring company. As soon as a product strikes a nerve with customers, competitors emerge globally because the costs to start are so low.

Alfred Lin

If you hype something and it succeeds, you're a genius - it wasn't a hype. If you hype it and it fails, then it was just a hype.

Neil Bogart

It's extremely hard to build a company with a product that everyone loves, is free and has no business model, and then to innovate a business model. I did that with Kazaa, had half a billion downloads but that wasn't a sustainable business.

Niklas Zennstrom

Often, the disconnect between the marketing hype around a new product and what the product actually does is astounding.

Mitch Kapor

Can anyone create an enduring business on the Web, where it's easy to build new companies, and when survival depends on the whims of fickle users? The big lesson of 'Digg' may be simply this: if someone offers you a ridiculous amount of money for a company that wasn't that hard to build, don't think twice. Take the money and run.

Daniel Lyons

I can say with confidence that I never bought into the hype, and I made sure that the people around me didn't buy into the hype, and I did not surround myself with people who fed me the hype. And I'm glad of that as well.

Barack Obama

The opportunity to build an enduring product far outweighs the cost of alienating a few users along the way. And the sooner you internalize that trade-off, the faster you'll move along the path to scale.

Reid Hoffman

The business is all about gush and hype. You never have a bad meeting in L.A.

Emily Blunt

Selling cookies is usually a girl's first exposure to the world of business. She learns how to meet the public, talk about a product, sell the product, and is responsible for collecting money, giving change, and delivering the product. That's quite a business venture for a 7-year-old.

Frances Hesselbein

The product has to work. It has to be a good product. An enormous number of them are all hype with no value at all. People get into them because they want to make a lot of quick, easy money.

Brian Tracy

The challenge is not just to build a company that can endure; but to build one that is worthy of enduring.

James C. Collins

I was honored to start a small business and to borrow an enormous amount of money and to build piece upon piece, place upon place, building upon building and product upon product, throughout the United States and eventually Europe and facilities around the world.