Sometimes Late Is Worse than Never – IOTW Report

Sometimes Late Is Worse than Never

By Steve Feinstein- American Thinker

It seems like timing is everything in life.  Job opportunities, investments, political initiatives, travel schedules, etc. – things can work out to maximum advantage or with disastrous results depending on a small shift in the timing of the event.

This is certainly true in business.  Companies that have an innovative, exciting new product under development have to balance the need to announce its existence to the market on one hand with their ability to actually deliver the product in a reasonable time frame on the other hand.

Announcing an exciting new product that embodies brand-new technology or that breaches a previously unreachable price barrier coveys undeniable market advantages to that company.  The industry press writes about it, and the company enjoys great publicity that not only shines on the new product, but brings great visibility and attention to the company’s other offerings as well.  The competition scatters in a frenzied attempt to match the new product, but since they usually have no idea exactly how the new technology actually works (only having read the press releases and trade write-ups), their efforts are unfocused, time-consuming, and expensive.

 

www.tesla.com/model3

All of this redounds to the benefit of the company that announces the cutting-edge new product.  It has the spotlight.  Its market attractiveness goes way up, since customers will want to be “on board” and “first in line” when the new widget is delivered.  read more

9 Comments on Sometimes Late Is Worse than Never

  1. A friend, who is a leading-technology environmental guy, has a Bolt. Prior to that he had an EV1, an old RAV4, and a Leaf. He loves the Bolt, GM really has added a ton of technology the past couple of years, and it gets around 250 mile range. We were talking about why anyone these days would buy a Leaf or Fiat 500 when they only get about 100 miles.
    Thing is that battery cars are fine, for those who want them and are willing to put up with the charging challenge. But companies like GM have 100 years of experience in production, Tesla has just a few and no high-volume experience. Tesla just can’t compete in the long run. I appreciate their technology, but they can’t mass-produce a $35k car. Hell, they have only made a profit one or two quarters, and then barely, and thanks to CA gift of carbon dollars.

  2. LCD believe me when I tell you there’s software available that would design and analyze a total automated robotic assembly line. Starting with piece parts for their car to design of the robots.(Pro E rocks) BUT, that requires discipline. Not a big fan of Tesla, I am a big fan of SpaceX. Seems that’s where all the talent went.

  3. joe6pak
    No shit. The conspiracy guys are saying it actually was a successful launch but the powers to be are trying to disguise it. Who knows.
    I use to build a bunch of parts from Space Systems Loral back in the day. The 90’s when they were hiring the Soviets to rip off the Nuclear payload on the ICBM’s and launch our satellites. The big day. I’m getting calls from my contacts describing the video of the perfect launch. A couple days later it was revealed the Soviets played a tape recorded “perfect launch”. The SSL satellite crashed and burned in the Black Sea. Loyds of London was on the hook. Google it.

  4. Even though you aren’t sure
    when this sentence
    is going to end
    the placement
    of a single character
    will give you the answer,
    and that character is a
    .

    Which only goes to show that when it comes to periods, it is ALWAYS better to be late than never.

    😉

  5. I avoid new tech like the plague. It’s always overpriced and often unreliable. Give it five years. If it makes it, then it’s readily available and cheap. Otherwise, it’s obsolete and needs to be replaced with some other bleeding edge shit.

    Remember how cool Newtons were?… Osborne Computers?… Zip drives?…

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