A Product Market Fit Show | Startup Podcast for Founders cover image

A Product Market Fit Show | Startup Podcast for Founders

He lost his only 2 customers & was ready to quit—then he grew to $1.5M ARR in a year. | Josh Domingues, Founder of Flashfood

Jan 20, 2025
Josh Domingues, founder of Flashfood, turned a near-failure into a booming enterprise, showcasing his resilience. He shares his journey from $35K in debt and losing key customers to achieving $1.5M ARR within a year after partnering with Loblaws. Domingues discusses the importance of continual testing in startup development, the surprising ease of securing large clients compared to smaller ones, and how to turn setbacks into success. He emphasizes the impact of corporate culture on sales and the vital connection between passion and environmental sustainability.
50:00

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • The journey of a startup often requires brutal honesty about an idea's viability, encouraging founders to persist despite rejections.
  • The Flashfood app addresses food waste by offering discounted perishable items, appealing to consumers' desire for affordability over environmentalism.

Deep dives

The Journey to Product Market Fit

Finding product market fit is a critical phase for any startup, often requiring founders to critically assess their ideas. The necessity for brutal honesty about an idea's viability is emphasized, as founders must identify reasons why their concept might not work. If they fail to find compelling arguments against their idea, it suggests that there is potential to keep pushing forward. This mindset fosters determination, as demonstrated by the speaker who initially faced numerous rejections before eventually succeeding.

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