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Alias Born | 02/05/2008 |
Tuesday, August 25, 2020 9:13:38 PM
fallacies of the company and flags investors ignored.
give away #1: buy-in thru consultants,pr,"big talk"....instead of spending time and effort learning the needs of targeted consumers and how to fill smartly(with a device) of their ever changing ecosystem/life-style......
give away #2: we all have dreams,the difference is how realistic is it from the view of your targeted consumers? How many "smart mirrors" were randomly installed and honest feedbacks collected?
Give away #3: quality/character(of the management) required going from a copycat to inventor/leader/originator,does the management have the market savvy,business connection,know how?and when thing gone wrong is it willing to take sacrifice,draconian belt tightening,and squeeze every penny for the fight of next day?
plus
investors' illusion: a broker/agent can simply transformed itself to become the next Apple without going thru "hell and back" is the biggest folly.
fallacies and folly are deadly mixes and the seed was sow before the "deadly mirrors" trap even started.
price of blunder/folly for the investors:
A total wipeout or "3-6c" bet in 2021??
disclosure:
touching only after "draconian cut".blood on the street so to speak and willingness for the cause.
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