
š·āāļø Should I build it myself or look for a ready-made solution? This is a question I hear a lot when it comes to business tools like widgets, apps, or platforms that help drive efficiencies and boost sales.
The decision to build or buy requires careful consideration. Hereās my take:
ā
Ā First: Ask yourself,Ā Do I have the people and processes in placeĀ to manage, maintain, and continuously improve this new software? Itās not just about building something greatāitās about making sure it consistently delivers the results you need.
ā
Ā Second: Apply theĀ 80/20 rule. If a tool already exists, and it deliversĀ 80%Ā of the value you need, it may not be worth building from scratch. Donāt get hung up on a checklist of featuresāfocus on theĀ valueĀ it brings to your overall goal.
š Donāt overcomplicate things. Sometimes, the right solution is already out thereāyou just need to evaluate if it aligns with your objectives.