05
Aug
Selling a product is perhaps the oldest and most straightforward business in the world. This is a simple exchange where you give someone an item, and they give you cash in exchange. To make this work you need to ensure that they consider that item more valuable than the money you're charging for it, while at the same time ensuring that you spend less than that amount of money in developing it. Those are the basics, but when it comes to the difference between a successful product business and an unsuccessful one things get a lot more complicated. This is…