Invest Like the Best with Patrick O'Shaughnessy cover image

John Fio - Creating Magic for Consumers - [Invest Like the Best, EP.311]

Invest Like the Best with Patrick O'Shaughnessy

00:00

The Step-by-Step Path to Product Market Fit For Consumer Products

Consumer businesses are different and cannot be constrained by the rules that apply to other types of businesses. Profitability from day one is crucial for consumer businesses, and if there is no demand and conversion rate, there is no business. The key is to convince consumers that the product being sold is compelling enough to wait for. The path to product market fit for consumer businesses involves discarding traditional playbooks, engaging with and listening to customers, and being open to new ideas that may arise during the process.

Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner