The Espresso Hour

A Step-By-Step Breakdown Of Our New Business

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Jul 3, 2023
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ANECDOTE

Identifying the Bottleneck

  • Dickie and Nicolas realized their biggest bottleneck was not having a higher-priced product.
  • After launching a premium product, their revenue significantly increased in June.
ADVICE

Macro Bottleneck Identification

  • Focus on building new products at higher price points to increase revenue, rather than just improving existing ones.
  • Identify whether your bottleneck lies within the current product or in the lack of a more expensive offering.
INSIGHT

Sustainable Growth

  • Optimize your effort for maximum sustainable revenue increase over a year.
  • Continuously improve a product until the marginal return diminishes, then launch a new one.
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