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by jSully24 1035 days ago
New ideas getting shot down for fear of cannibalizing existing revenue.

The product that was the breakthrough is likely (somewhat) wonderful and loved (or at least used) by many and generates the bulk of your revenue. However we all know that solution that has gotten you this far has problems and there are many ideas to be able to go to the next level.

But any idea that is seen to take away from the focus of that main revenue generator will be fought unless there is VERY strong leadership. Anything "new" will impact marketing budgets, Sales incentives and revenue goals, threaten those who are working on the "legacy" project, not to mention external forces who are only interested in the bottom line revenue and EBITDA numbers for the next quarter, not the next 1, 3 and 5 years.

I've had this happen at 2 startups I've been through. Both had successful exits, but could've been more and build a much better future path for themselves.

Now trying to avoid this in my current home.

What if Apple had stopped the iPhone for fear of it cannibalizing* the iPod line of products revenue? * https://www.imd.org/research-knowledge/economics/articles/ap...