So many people ignore the impact that early decisions can have on the future of your business.
Last month a very senior acquaintance asked me if I could help him find an outsourcing company in Ukraine to help him develop his product. Turns out his business is about building a SaaS for SMEs, and he was thinking of outsourcing the most critical part of product (the software development bits).
He quickly turned around and understood the strategic mistakes behind this kind of decisions, but there are probably many companies making this sort of mistake which penalise them heavily down the line.
Ultimately in the short term, the arguments seemed favourable:
If you consider the long term by-products of this decisions though it's a terrible decision:
What does IH think? I did a podcast episode where I discuss the impact of those decisions more profoundly.