6 ms·
It sounds like he could have made it a success if he streamlined the production process and kept the cost per keychain down.
by apollo 18y ago
It sounds like he could have made it a success if he streamlined the production process and kept the cost per keychain down.
- JeremyChase 18y agoI think it could have been a success, but I do wonder how much a one-off product like this can really make. There is money in novelty items, but I think the only ones making real money there are people who already have distribution and willing markets.
- thorax 18y agoYeah, kind of like the "find the right denominator" (oversimplified) discussion in Good to Great. If he could have optimized on profit per keychain, he'd be in great shape. Of course, that's much easier said than done.