My First Million

#143 with Jeremy Cai of Italic - Influencer Coffee Making Millions, What Cold Chain Is and Why It's Booming, And Tons of Ideas

Jan 8, 2021
Jeremy Cai, Founder and CEO of Italic, shares insights into his innovative e-commerce ventures, emphasizing accessible luxury through direct partnerships with manufacturers. He discusses the booming market for influencer-driven products and the vast opportunities in subscription boxes, including a playful idea for a bread subscription. The conversation also highlights the growing importance of cold chain logistics in food distribution and explores niche software solutions for homeschooling, showcasing the potential for unique business models in a changing economy.
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ANECDOTE

Monkey Inferno Office

  • Jeremy Cai admired Shaan Puri's impressive office at Monkey Inferno during college.
  • The luxurious office, featuring a massive table and various amenities, shaped Jeremy's initial perception of startups.
ADVICE

Bread Subscription Box

  • Create a bread-of-the-month subscription box, capitalizing on the rising interest in home cooking.
  • Offer high-quality ingredients and a premium experience to achieve strong margins and customer retention.
INSIGHT

FabFitFun's Transition to E-commerce

  • FabFitFun, an email-based fitness and beauty tips platform, successfully transitioned to a subscription box model.
  • Their success highlights the potential for media businesses to diversify into e-commerce.
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