【商業智慧】LinkedIn創辦人Reid Hoffman：如果你不為自己的初版產品感到尷尬，那說明你太遲推出了 Reid Hoffman, the founder of LinkedIn: If you’re not embarrassed by the first version of your product, then you’ve launched too late
In the commercial seas, we are often driven by the idea that “the product we launch must be near perfect”. However, LinkedIn founder Reid Hoffman once said, “If you’re not embarrassed by the first version of your product, then you’ve launched too late.”
From the most basic functionalities in 2003, which included viewing user profiles and connecting via email, to being acquired by Microsoft in 2016 for $26 billion, LinkedIn underwent revolutionary changes. It not only added countless new features and improved user experience but also became the leading platform for professional networking globally. It was precisely because of the initial boldness to overlook the absence of the ‘Contact Finder’ feature that subsequent success and iterations were possible. Even 14 years after the acquisition, the functionality that once worried the founding team may still be missing, proving the importance of timely launches.
For startups, perfectionism is a double-edged sword. The first version of a product is often full of assumptions, most of which are usually incorrect. Only through early failures and continuous learning can a product that people truly need be built. Therefore, as long as a product can solve a problem, most users will choose to overlook its poor appearance and flaws.
Launching on time, actively listening to user feedback, and having the courage to iterate and improve are the essential business wisdom that today’s entrepreneurs must possess. Entrepreneurship is a marathon, not a sprint. The feedback from users and the market is the most valuable asset for entrepreneurs, and it is the driving force behind continuous innovation.