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How to Actually Build a Successful Company in 2024 | Ep 127
Build with Leila Hormozi
Prioritize Understanding Customer Needs and Building Products Accordingly
It is crucial to understand the market demand and the needs of the customers before investing in building a product and establishing a sales team. Rushing into sales and marketing activities without a clear understanding of the target market can lead to substantial time and financial losses, hindering the overall success of the business. By prioritizing market research and aligning products with customers' demands, the company can ensure a more efficient and profitable trajectory.
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