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PRODUCT MARKET
Proprietary (Jack Daniels
vs. whiskey)
Substitutes (coke vs.
sequencers)
IP (patent)
Us vs. them (Tesla vs. Ford)
Can be re-used widely
(wheel)
Improve user experience
(heated car seats)
Size (vanilla vs. garlic ice-
cream)
Growth (iTunes vs. CDs)
Segment (beer vs. cognac
drinkers)
Competition (space stations
vs. mobile phones)
Barriers to entry (FDA)
Industry (high tech vs.
woodwork)
Drivers (technology vs. rare
disease)
Successful Product
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If you work just for money, you’ll never make it, but if you love what you’re doing and you always put the customer first, success will be yours. | Ray Kroc