This content was created by GHION.AI . This content was uploaded by GHION.AI . This is a YouTube video titled "Disrupt, Don't Be Disrupted" featuring Payam Banazadeh discussing competitive strategy and innovation in the satellite industry, emphasizing the importance of balancing current product focus with future development to avoid being disrupted by new technologies.
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When we talk about our sort of competitors, they're massive companies, big, you know, big ships. One of our competitive advantages, that they're a big ship and it will take them a long time before they can actually do this, and it will take them a lot of resources before they can change the, you know, the direction of the ship. And we use that as a competitive advantage. So the question is, how do we not. How do we make sure we don't fall into the same trap and some other startup doesn't come in three years from now and say, you know what, These guys are a big ship. We've come up with this really new technology that's 10x better than them and we're going to disrupt them. How do we not get disrupted? And I think if you're too focused on just your V1 product, then you're going to miss the build. And so even though we've only launched one satellite and we haven't rolled out all of the other satellites that we want to do, we do spend 5, 10% of our resources on thinking about the next iteration, whether it's, you know, the sales and the BD and the marketing team talking to customers and kind of bringing all that feedback into capella. And then we sort of analyze and say, okay, well, we can't do this with this product. But it seems like we're getting a lot of feedback on this and we should add it to the next feature, or we're just having some interesting R and D that we're doing on our own and see where it goes. I think it's really important to allocate a little bit of budget and resources on doing that early on and build a culture of that. Right? Because, I mean, you know, when we launch 36 satellite, it's not like we're going to be done and we just, we have to keep the engine going. So I think it's really important. But it's all about balance, right?