If you observe and analyze, China as acountry produce so many things, whereas country like Japan or USA produces only few things. This is exactly quantity vs quality struggle.It is an important question to be asked by all the entrepreneurs as to how do they want to be recognized?
For your many products of average quality or only few products of very high quality?
Most of the successful entrepreneurs are generally known for quality. This is the reason why people like Steve Jobs are more respected than others.The common misconception is that we can make a lot of money if we do many things, but in the ultimate analysis only the quality wins the customer's hearts & also grabs money from their pockets.
Entrepreneurs should have Quality and Excellence as the top priority in the list of values, because if you are just focusing on doing many things, you will get bored, the customers will get bored and the organization will get a very bad reputation hence its downfall
People want to do many things as opposed to only a few is because, they fear that the few may not succeed and it will be like all eggs in one basket, whereas, if you invest in many things, at least one or two may succeed. This fear & thinking may be primary reason. Yes fear is justified, but successful people have overcome this fear & ultimately win.
What one has to realize is that, maintaining many things is difficult, and even marketing many things will be very difficult. But if there are few things, you need less expense tom aintain and it’s very easy to market it also.
IT IS THE QUALITY OF OUR WORK THAT WILL PLEASE GOD NOT THE QUANTITY.
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