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There are a few fundamental laws of software economics that should drive executive-level decisions about business and product strategies. It’s easy to forget them, or decide they don’t apply to our special situation.
Rich Mironov lays out the Four laws of software economics, and sketch the kinds of strategic trouble we can avoid by keeping them in mind.
Your development team will never be big enough (Law of Ruthless Prioritization)
All of the profits are in the nth copy (Law of Build Once, Sell Many)
Software bits are not the product (Law of Whole Products)
You can’t outsource your strategy (Law of Judgment)
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