EO How to Build a Profitable Product from Day 1 | Smith.ai Aaron Lee | EO
How to Build a Profitable Product from Day 1 | Smith.ai Aaron Lee Aaron Lee, CEO and founder of Smith.AI, offers valuable insights for aspiring entrepreneurs in this video. Smith.AI is a startup that specializes in providing AI receptionist services for small and mediumsized businesses. Aaron's entrepreneurial journey began with the successful exit of his first venture, Red Beacon, a marketplace connecting homeowners with home professionals, which was acquired by Home Depot. Following three years as the CTO at Home Depot, Aaron identified gaps in the market and launched Smith.AI to address the needs he had encountered firsthand. In the video, Aaron shares strategies for effectively translating customer feedback into a new business venture and discusses methods for determining optimal pricing strategies for products and services.
00:44 From Google Engineer to Startup Founder 02:22 Starting a Comapany during Financial Crisis 05:07 What I Learned at Home Depot as CTO 06:15 Turning Customer Feedback into a New Startup 08:18 Motivation of Improving a Product
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