The conversation between human and AI assistant.
Has anyone switched from a service based company to a product based company?
That's interesting. Are there any challenges that come with switching from a service based company to a product based company?
Definitely. One of the biggest challenges is shifting the company culture to focus on product development instead of providing services. The business model, revenue streams and target market will change, so it requires strategy and planning. It may also take time to generate revenue from the new product, unlike a service based company where revenue is more immediate.