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Quick takeaways
- Balancing innovation with profitability is crucial in transitioning from service to product.
- Allocating resources wisely between new product development and sustaining the existing business is essential.
Deep dives
The Transition to a New Business Model
The podcast episode delves into Jan's journey of transitioning his company from traditional business consulting, which had been generating revenue, to a new product called the True Efficiency Program. Jan and his team faced the challenge of focusing on the future while managing their current business that was financially sustaining them. The True Efficiency Program aimed to revolutionize consulting services for small and medium enterprises by providing personalized efficiency improvement plans.
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