Companies succeed when they deprecate products that are distractions, and focus on the products that are winners. If you own ten restaurants, and three of them are money losing or break even, shut those down. In san francisco, if you have 70 different locations between c v s and walgrens, why not cut 30 of them that are causing the most problems in your portfolio? Just get rid of hem. You don't need them. What happens when you get rid of that headache? We sleep better at night. Stay tune for episode four where we're going to talk about another part of the start up fly wheel, your product. How do know you have a greay product
First, Jason reacts to CNBC's Paul Tudor Jones interview, where PTJ warned about inflation and called Bitcoin (and crypto) a better hedge than gold (2:10). Then, Jason covers the new Bitcoin ETF and Hindenburg putting a bounty out for information on Tether (21:34). We wrap with episode three of the Startup Checklist, where Jason covers "Finding and Delighting Customers" in points 21-30 (34:41).