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Jason Fried emphasizes that the best way to create products is to build for oneself. He shares his early experiences making software for his own needs, which led him to the realization that other people likely share similar needs. This philosophy steers his approach to product development at 37signals, focusing on personal satisfaction as the driving force.
Fried discusses the importance of maintaining low costs and keeping the company small to remain profitable. He notes that high costs force companies to target large markets, while staying lean allows them to cater to a smaller, dedicated customer base that truly values their offerings, reducing the number of required sales to remain viable.
Fried believes that intuition is key when making decisions in business. He argues that relying solely on data and numbers can misguide analysts, as many factors can influence a situation that data might not capture. His approach favors gut feelings cultivated through years of experience.
Throughout the conversation, there is a recurring theme of simplicity as the ideal in product design and business operations. Fried references issues with smart home technology that complicate rather than improve user experience, which contrasts with what he identifies as timeless designs in products like Rolex watches.
Fried discusses the idea of success beyond traditional metrics like growth and revenue, focusing instead on doing work that makes him proud. He argues that sustainability should be prioritized over hypergrowth, advocating for a sense of stability and enough customers who genuinely believe in the product, rather than constantly seeking new ones. He believes in enjoying the journey rather than fixating solely on the destination.
Fried emphasizes that time is the ultimate filter for determining the quality and relevance of products and businesses. Only over time can one truly assess whether an idea has endured and been worthwhile, highlighting his core belief that good products withstand the test of time.
Fried explains the importance of being selective in what products and features to pursue, likening this to Rick Rubin's approach of ruthless editing in music production. This means focusing on a few significant offerings that truly resonate, rather than overextending with numerous mediocre options.
Fried concludes by reflecting on his learning throughout his career, emphasizing that every decision and experience contributes to personal growth and business knowledge. He values the lessons learned in the process equally with the outcome, crafting a journey of continuous improvement in product design.
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