So often, we feel as if we have to grind it out for years to get results.
If you work hard and persistent enough, then the results will come. Well, what about all the outliers who defy this rule?
Legendary venture capitalist Marc Andreessen’s #1 advice for companies is simple: raise your prices.
In an interview on the Tim Ferriss Show, he said:
“The No. 1 thing — just the theme and we see it everywhere — the No. 1 theme with our companies have when they get really struggling is they are not charging enough for their product.
It has become absolutely conventional wisdom in Silicon Valley that the way to succeed is to price your product as low as possible under the theory that if it’s low-priced everybody can buy it and that’s how you get the volume.”