January 17th, 2009

Running a Successful Company

 

From my point of view, every company falls into 3 categories.

1. The ones who make products available to the masses, they make it fast, they cut down costs as much as they can. The creators-of-websites-from-a-template type of companies. Now, I believe that these companies are doomed from the beginning.

2. Most of the companies making a difference are found in this category. The companies who create quality products and services. They put quality before quantity or even price. This could be a win – win situation for everyone.

3. Finally, I realized that there’s a third category that just began to be adopted by companies. Companies who offer 100% authentic, fully customizable, personalized services and products. These companies not just put quality before everything else, but also satisfy each individual client differently. They create products that best suits the needs of a particular person / company, not just a particular niche or group. I think that eventually every company will adopt this philosophy, this will be the future.

If you want success for your company, you have to look at other, successful companies and learn from them, although this is not a guarantee to your own success.

First, original work start from the core of the company who’s making it. Above all, a company cannot create original products if the company itself is not original, the developers working in the company are not original, not honest, not believing in the philosophy of the company and do not want to achieve the same goal, which is offering authentic, quality products.

Second, the company must reflect the same philosophy, the same message to their clients and those people need to realize that the company is what it says it is.

“The past limits the future”. I read this quote somewhere and realized just how true it is. The past limits what you can do in the future, because if you done shit works then don’t expect future prospects to believe that you will deliver a quality product or service for them.

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4 Comments

  1. Aziz ElShihabi
    on Saturday 17, 2009

    Ummm, What you wrote is good, but you have to add on more value that companies can success but Can they keep their succession?

    I believe a company that give products should understand the socialism in market 1st, then building a quality of services/products and in the end give their customers kind of special “you are the one”. As I saw in Kuwait market many companies opened base on social relation and they have lived for 1/2 years then fall. because of gab between trust, quality and services.

    Reply
  2. Gyorgy Fekete
    on Saturday 17, 2009

    @Aziz: I’m perfectly okay with what you wrote. Yes, a company must understand the market and the people they’re selling their products, but that don’t justify the quality of their product.

    If the product is crap then there’s no value in understanding the market.

    Reply
  3. Aziz ElShihabi
    on Saturday 17, 2009

    Yes Mr. Gyorgy Fekete :) then I should re arrange the steps 1- Provide and good quality products 2- Understand the market socialism 3- Giving a top level of after-sell service :D

    Reply
  4. Gyorgy Fekete
    on Saturday 17, 2009

    I believe that for companies who are committed to create quality products the understanding of market comes naturally.

    But nonetheless what you said is perfectly true!

    Reply