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Sports Card Strategy Show

Episode 255: What Do All Start Ups Need To Survive?

Oct 3, 2019
03:11

I asked CARROT Wellness CEO Michael Antaran "What advice would you give business owners like yourself about the Voice version of their platform in terms of incorporating an Alexa Skill or Google Action into their digital presence?"

His answer was amazing, unexpected, and spoke to my heart - "I would advise them to leverage what they have. I'm all about being resourceful, and with four guys on my team, we use the right data to make the right decisions at the right time.

That's the only way to survive in a Start-Up.

What I would definitely advise them is, make sure you look at the data. I know there's a lot of feeling that comes into play.

Everybody has that. You wouldn't be in this business going into a start-up unless you had some gut reaction about something you think you can solve, right?

So make sure you look at the data to make sure you back up your assumptions and rethink about and revisit all the different assumptions you made, to make sure you're still on that right path to profitability.

Don't forget about the data, make sure it drives where you want to be, and make sure it drives what you were predicting before you started.

It's always great to have a gut feeling about something, but as an engineer, I always want to make sure I have a pathway I need to follow. If I'm not on that pathway, it doesn't make any sense to continue on."

Check out the full episode here.

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