An Hour of Innovation with Vit Lyoshin

In this conversation, Roman Pichler discusses the intricacies of product strategy, emphasizing the importance of frameworks and tools in driving innovation.Roman Pichler is a leading product management expert specializing in product strategy, leadership, and agility, with nearly 20 years of experience coaching and advising product professionals. He is the author of 4 books including Strategize and How to Lead in Product Management, writes an award-winning blog, and hosts a podcast and YouTube channel. Roman has developed widely used product management frameworks, including the Product Vision Board and GO Product Roadmap, and is a sought-after speaker at major industry conferences. He offers training, workshops, and consulting to help organizations refine their product strategy and leadership.Support This PodcastAmazon - buy things that Vit Lyoshin recommends* https://www.amazon.com/shop/anhourofinnovationwithvitlyoshin Webflow - Create custom, responsive websites without coding* https://try.webflow.com/0lse98neclhe MeetGeek - Record, transcribe, summarize, and share insights from every meeting* https://get.meetgeek.ai/yjteozr4m6ln Monkey Digital - Unbeatable SEO. Outrank your competitors* https://www.monkeydigital.org?ref=102449 Podpage - Build a beautiful podcast website in 5 minutes (or less)* https://www.podpage.com/?via=vitaliy Takeaways* There are different types of strategies: business, portfolio, and product.* Product strategy serves as a framework for making effective product decisions.* The product backlog translates product strategy into actionable items.* Continuous strategy work is essential in a rapidly changing environment.* Quarterly reviews help ensure the strategy remains relevant and effective.* Involving stakeholders in strategy formulation increases buy-in and support.* Common mistakes include not validating the strategy and allowing stakeholders to drive it.* KPIs should be tailored to specific product goals and reviewed regularly.* A clear distinction between product strategy and portfolio strategy is crucial.* Innovation requires making tough decisions and saying no to many ideas.* The product won't be profitable until you've broken even.* Stakeholder analysis is crucial for effective product management.* Collaboration with stakeholders fosters better product strategies.* Innovation should be a part of the product strategy.* Older products require more maintenance work.* Use tools like the product vision board to structure thoughts.* Involving key stakeholders ensures alignment and support.* Leadership skills are essential for product managers.* A balanced product portfolio is key to success.* Regular refactoring is necessary for maintaining code quality.Timestamps00:00 Intro01:16 Understanding Types of Strategies03:38 Defining Product Strategy vs. Product Backlog08:03 Balancing Flexibility and Defined Strategy11:25 The Product Strategy Model Overview14:21 Common Mistakes in Product Strategy20:09 The Importance of Adaptive Strategy21:20 Connecting Strategy to Execution23:56 Choosing the Right KPIs for Success27:48 Stakeholder Analysis in Product Management33:10 The Importance of Collaboration with Stakeholders36:55 Encouraging Innovation in Product Strategy42:49 Balancing Maintenance and Innovation in Product Lifecycle48:29 Starting the Product Strategy ProcessConnect with Roman* Website: https://www.romanpichler.com/ * LinkedIn: https://www.linkedin.com/in/romanpichler/ * YouTube: https://www.youtube.com/romanpichler * Facebook: https://www.facebook.com/romanpichleragile * Instagram: https://www.instagram.com/roman_pichler/ * Books: https://www.romanpichler.com/romans-books/Podcast Links* https://linktr.ee/anhourofinnovation Connect with Vit* Website: https://vitlyoshin.com/contact/ * LinkedIn: https://www.linkedin.com/in/vit-lyoshin/

In this episode of An Hour of Innovation podcast, Mitch Francis talks about his book "Bad-Ass Solutions for Today's Big-Ass Problems." He discusses pressing global issues such as rising ocean levels due to climate change, the education crisis in America, and the national debt. Mitch shares his innovative solutions, emphasizing the need for collective action and involvement from the public to address these challenges effectively. Mitch Francis is a serial entrepreneur and the founder of Francis Development Inc., with a career spanning commercial real estate development, entertainment, and innovation. As a former CEO, he led a publicly traded company from creating 3-D motion simulators to becoming Las Vegas' top ticket broker, generating over $1 billion in sales. Mitch’s inventive spirit is backed by six US patents with two more pending. In his book "Bad-Ass Solutions for Today's Big-Ass Problems," he uses his problem-solving prowess to offer bold, actionable solutions to some of the world’s biggest challenges. Mitch is passionate about making a real difference — without political bias. Support This Podcast Amazon - buy things that Vit Lyoshin recommends * https://www.amazon.com/shop/anhourofinnovationwithvitlyoshin Webflow - Create custom, responsive websites without coding * https://try.webflow.com/0lse98neclhe MeetGeek - Record, transcribe, summarize, and share insights from every meeting * https://get.meetgeek.ai/yjteozr4m6ln Monkey Digital - Unbeatable SEO. Outrank your competitors * https://www.monkeydigital.org?ref=102449 Podpage - Build a beautiful podcast website in 5 minutes (or less) * https://www.podpage.com/?via=vitaliy Takeaways * Rising ocean levels are a critical issue caused by climate change. * The impact of climate change is felt globally, affecting millions. * Education inequality contributes to the growing wealth gap in America. * Public education is crucial for maintaining a democratic society. * The U.S. national debt is a significant challenge that needs urgent attention. * The US has more assets than just gold, including land and resources. * The concept of an asset standard could redefine how we view US debt. * A balanced budget amendment is crucial to prevent future debt crises. * Leveraging debt can be dangerous for governments without income. * US Treasury securities remain a safe investment despite the national debt. * Citizen engagement is vital for driving political change. * Nonprofits play a crucial role in addressing global issues. * Optimism is key in tackling major societal problems. * Problem-solving skills are essential in both business and governance. Timestamps 00:00 Intro 02:47 Identifying Major Problems 05:12 Innovative Solutions to Ocean Level Rise 15:12 The Education Crisis in America 24:14 Addressing National Debt Challenges 37:00 What Ordinary People Can Do to Help 40:06 Which Problem Can Make the Biggest Impact 43:41 Problem-Solving: A Business Perspective 50:31 Call to Action: Get Involved for Change Connect with Mitch * Website: https://bad-asssolutions.com/ * LinkedIn: https://www.linkedin.com/in/mitch-francis-a39094236/ Podcast Links * https://linktr.ee/anhourofinnovation Connect with Vit * Website: https://vitlyoshin.com/contact/ * LinkedIn: https://www.linkedin.com/in/vit-lyoshin/

In this conversation, Ami Meoded discusses the innovative Elora Baby Wellness Monitor, which integrates AI technology to enhance baby monitoring and support parental confidence. The discussion covers the evolution of baby monitoring technology, the importance of understanding parental needs, and the innovative features of the Elora monitor. Ami Meoded is a seasoned entrepreneur and marketing leader. He is the Co-Founder and CMO of LittleOne.Care, a company pioneering AI-driven baby wellness technology. With a background in founding and leading multiple startups, he has extensive experience in innovation, product strategy, and go-to-market execution. Ami focuses on leveraging technology to enhance everyday experiences, particularly parenting and child safety. His passion for blending AI with human needs has led to groundbreaking advancements in baby monitoring solutions. Support This Podcast Amazon - buy things that Vit Lyoshin recommends * https://www.amazon.com/shop/anhourofinnovationwithvitlyoshin Webflow - Create custom, responsive websites without coding * https://try.webflow.com/0lse98neclhe MeetGeek - Record, transcribe, summarize, and share insights from every meeting * https://get.meetgeek.ai/yjteozr4m6ln Monkey Digital - Unbeatable SEO. Outrank your competitors * https://www.monkeydigital.org?ref=102449 Podpage - Build a beautiful podcast website in 5 minutes (or less) * https://www.podpage.com/?via=vitaliy Takeaways * Baby monitoring technology has evolved significantly over the years. * Parental confidence is crucial in the use of baby monitors. * The first two years of a baby's life are critical for development. * AI can provide insights into a baby's emotional and physical state. * Community feedback is essential for product development. * Data privacy and safety are top priorities in baby monitoring. * Investors often seek reliability and trustworthiness in new products. * The Elora monitor tracks various aspects of a baby's environment. * Engagement with parents helps shape the product's features. * Understanding the market is vital for success in baby tech. * Understanding the generational gap is crucial for product development. * Parents often need to be reminded of their role in their child's early development. * Community support can significantly enhance parenting experiences. * Technology should serve to improve parental engagement, not replace it. * Data collection can provide valuable insights into child development. * Future innovations will focus on enhancing the parent-child connection. * Parents should focus on being present and engaged with their children. * It's important for parents to trust their instincts and seek support when needed. Timestamps 00:00 Intro 00:58 The Evolution of Baby Monitoring Technology 07:17 Understanding Parental Needs and Baby Development 10:28 AI and Sensor Technology in Elora Baby Monitor 24:15 Community Engagement and Product Development 25:55 Data Privacy and Safety Concerns 29:36 Investor Relations and Market Trust 36:40 The Role of Technology in Parenting 41:41 Future Innovations in Baby Monitoring 46:03 Data-Driven Insights for Baby Development 55:27 How to Buy Elora Baby Wellness Monitor 57:11 Final Thoughts for Parents Connect with Ami * Website: https://www.littleone.care/ * LinkedIn: https://www.linkedin.com/in/ami-meoded/ Podcast Links * https://linktr.ee/anhourofinnovation Connect with Vit * Website: https://vitlyoshin.com/contact/ * LinkedIn: https://www.linkedin.com/in/vit-lyoshin/

In this conversation, Brooke Hartley Moy discusses her journey in the tech industry and the founding of Infactory, a company focused on leveraging AI to combat misinformation and enhance trust in online information. Brooke Hartley Moy is the CEO of Infactory, a fact-checking AI search engine startup. Infactory’s AI developer platform fact engine is revolutionizing the relationship between data and Gen AI, allowing every enterprise to fearlessly innovate with AI and transform the world’s hidden data into reliable answers. Think of Infactory like a brilliant analyst who connects the dots across complex datasets: Imagine a healthcare company unlocking life-saving insights from patient data - identifying trends in medication effectiveness and optimizing treatment plans. Or picture a financial firm uncovering hidden patterns across thousands of reports and predicting markets with unprecedented accuracy. For business-critical situations like these, Infactory makes AI applications more impactful and trustworthy. Support This Podcast Amazon - buy things that Vit Lyoshin recommends * https://www.amazon.com/shop/anhourofinnovationwithvitlyoshin Webflow - Create custom, responsive websites without coding * https://try.webflow.com/0lse98neclhe MeetGeek - Record, transcribe, summarize, and share insights from every meeting * https://get.meetgeek.ai/yjteozr4m6ln Monkey Digital - Unbeatable SEO. Outrank your competitors * https://www.monkeydigital.org?ref=102449 Takeaways * AI's potential is vast, but accuracy is critical. * Transparency in AI processes builds user trust. * Bias in AI is an ongoing challenge. * Misinformation is a symptom of information overload. * Quality content should be incentivized in AI. * AI can enhance the accuracy of information. * Enterprise sectors require high accuracy in AI. * Understanding the nuances of industries is vital for AI. * Protecting against misinformation is essential for users. * Continue to interact with information based on source quality. * Expect to pay for services as a trade-off for trust. * The field of AI is wide open for new monetization models. * Success in AI is about trust and accuracy. * Trust is critical in AI systems and not just a nice to have. * Collaboration is key in the crowded AI space. * User feedback is essential for product development. * AI will enable significant breakthroughs in various fields. * Experimentation and open-mindedness are crucial in AI. * Maintaining a human element when evaluating information is necessary. Timestamps 00:00 Intro 04:20 Why Focusing on Fact-Checking with AI? 07:05 Understanding AI's Role in Fact-Checking 09:53 Building Trust in AI Fact-Checking 13:14 Addressing Bias in AI Models 15:30 Challenges in AI Fact-Checking 18:02 Targeting Enterprise Customers 21:54 Misinformation in the Digital Age 25:22 Navigating Information Quality in the AI Era 28:55 Next Steps for Infactory 30:12 How Does Success Look Like for Infactory 33:49 Experience as a CEO of AI Company 37:11 Future of AI and Fact-Checking 45:48 Advice from Brooke Connect with Brooke * Website: https://infactory.ai/ * LinkedIn: https://www.linkedin.com/in/abhartley/ * X: https://x.com/infactory_ai Podcast Links * https://linktr.ee/anhourofinnovation Connect with Vit * Website: https://vitlyoshin.com/contact/ * LinkedIn: https://www.linkedin.com/in/vit-lyoshin/

In this conversation, David Hirschfeld shares insights on innovation, problem-solving, and the importance of identifying the right problems to solve in the startup ecosystem. He emphasizes the need for founders to validate their ideas before building products, using a structured approach to understand their target market and the gaps. Through real-life examples, he illustrates the significance of understanding industry-specific challenges and leveraging technology, particularly AI, to create impactful solutions. David Hirschfeld is the Founder and CEO of Tekyz Corp, a company specializing in software development and technology solutions. Tekyz Corp focuses on creating custom software applications, leveraging innovative technologies to provide solutions for various industries. Support This Podcast Amazon - buy things that Vit Lyoshin recommends * https://www.amazon.com/shop/anhourofinnovationwithvitlyoshin Webflow - Create custom, responsive websites without coding * https://try.webflow.com/0lse98neclhe MeetGeek - Record, transcribe, summarize, and share insights from every meeting * https://get.meetgeek.ai/yjteozr4m6ln Monkey Digital - Unbeatable SEO. Outrank your competitors * https://www.monkeydigital.org?ref=102449 Takeaways * Focus on solving real problems that are top of mind. * Understanding the financial impact of a problem is crucial. * Validate your idea before building a product. * Use prototypes to demonstrate potential solutions. * Identify your early adopter niche for better success rates. * AI and workflow automation are hot trends in innovation. * Market gaps can be identified through industry experience. * Prelaunch sales can validate product viability. * Future-proofing products require an understanding of industry trends. * Learning from past experiences is key to coaching others. * There is still time for businesses to adapt to AI. * Measuring impact is crucial for validating ideas. * Innovation centers can foster a culture of creativity. * AI tools can significantly speed up product development. * Conversational AI can enhance analysis and discovery. * Video content creation is a growing trend in AI. * Workflow automation tools are revolutionizing marketing. * Staying innovative requires a child-like curiosity. * Keeping a list of gaps can help identify opportunities. Timestamps 00:00 Intro 02:09 Figuring out the real problems 04:48 Validating ideas before building products 07:19 Example where focusing on the right problem led to big success 12:05 Current trends in innovation and AI 14:21 Process for spotting gaps in the market 23:55 Solving today’s problems with planning for future market needs 27:00 The Adoption Curve of AI in Business 30:29 How to encourage the culture of innovation 34:05 AI as a Development Tool 41:49 Trends in AI for Startups 47:29 Staying Innovative in a Rapidly Changing World Connect with David * Website: https://tekyz.com/ * LinkedIn: https://www.linkedin.com/in/dhirschfeld/ * X: https://x.com/tekyzinc * Instagram: https://www.instagram.com/tekyzinc * Facebook: https://www.facebook.com/dmhirschfeld * Other: https://sites.google.com/tekyz.com/david-hirschfeld/bio Podcast Links * https://linktr.ee/anhourofinnovation Connect with Vit * Website: https://vitlyoshin.com/contact/ * LinkedIn: https://www.linkedin.com/in/vit-lyoshin/

In this conversation, Vit Lyoshin and Mike Bauer delve into the concept of Innovation Ops, a framework designed to enhance an organization's ability to deliver innovations effectively. Mike Bauer is a seasoned executive with over 30 years of experience leading cross-functional teams to bring innovative companies and products to market. His expertise spans data communications, IoT, Big Data, enterprise software, and more, with a strong focus on strategic planning, product development, and building entrepreneurial businesses. Mike is known for his hands-on approach, team-oriented leadership, and ability to drive growth through well-executed marketing, sales, and business development strategies. Support This Podcast Amazon - buy things that Vit Lyoshin recommends * https://www.amazon.com/shop/anhourofinnovationwithvitlyoshin Webflow - Create custom, responsive websites without coding * https://try.webflow.com/0lse98neclhe MeetGeek - Record, transcribe, summarize, and share insights from every meeting * https://get.meetgeek.ai/yjteozr4m6ln Monkey Digital - Unbeatable SEO. Outrank your competitors * https://www.monkeydigital.org?ref=102449 Takeaways * Innovation Ops combines cultural philosophies, practices, people, and tools. * 94% of executives are dissatisfied with their innovation outcomes. * Operationalizing innovation is crucial for competitive advantage. * Innovation should be embedded in the organization's culture. * Jobs to be done are not dependent on titles or roles. * Cross-functional collaboration enhances innovation processes. * Agile methodologies are effective for tech companies. * Managing strategy and portfolio is a complex challenge. * Continuous learning is essential for fostering innovation. * Knowledge sharing is crucial for actionable insights. * Cultural shifts require change management across the organization. * Transformations take time but lead to improved performance. * Innovation should be tied to business outcomes, not just metrics. * Tools should be tailored to specific problems, not monolithic solutions. * AI can enhance discovery and decision-making processes. * Leadership buy-in is essential for successful change. * Creativity flourishes when innovation is integrated into culture. * Data-driven decision-making reduces internal politics. * Start with small, manageable areas for implementing change. Timestamps 00:00 Intro 03:06 What is Innovation Ops? 09:19 Jobs to Be Done in Innovation 14:15 Cross-Functional Collaboration in Innovation 16:51 Key Processes for Tech Companies 22:00 Success Metrics and Check-ins in Innovation Ops 24:02 Cultural Shifts with Innovation Ops 29:15 The Role of Tools in Innovation 33:08 AI's Impact on Innovation Processes 36:38 Challenges in Implementing Innovation Ops 38:08 Starting Points for Cultural Transition 42:02 Unexpected Outcomes of Innovation Ops 44:09 Advice for Leaders on Innovation Ops Connect with Mike * LinkedIn: https://www.linkedin.com/in/mikebauer224/ Podcast Links * https://linktr.ee/anhourofinnovation Connect with Vit * Website: https://vitlyoshin.com/contact/ * LinkedIn: https://www.linkedin.com/in/vit-lyoshin/

In this episode of An Hour of Innovation podcast, host Vit Lyoshin speaks with Steve Waddell about his journey in entrepreneurship, focusing on the importance of understanding the 'who' behind product development rather than just the 'why'. Steve shares his experiences in reinventing the bathroom faucet, the challenges he faced, including unexpected tariffs and the impact of COVID-19, and how he pivoted his business towards technology and smart solutions for health and wellness. Steve Waddell is the Founder and CEO of Nasoni, a company revolutionizing bathroom faucets with award-winning, water-saving innovations. With over 30 years of experience working with Fortune 500 companies and engineering firms, Steve is a seasoned entrepreneur and innovator. He has raised seed investments, secured patents, and developed cutting-edge products like Nasoni 2.0, which integrates smart sensor technology for AgeTech and AbilityTech applications. As the author of Valuepreneurs, Steve shares a practical framework to help entrepreneurs transform their ideas into impactful, market-ready products. Takeaways * Nine out of ten startups fail, highlighting the risks in entrepreneurship. * Understanding the 'who' is crucial for product development. * Networking is essential for finding opportunities and partnerships. * Entrepreneurs must be prepared for unknown risks. * Finding a pain point is more effective than selling a 'vitamin'. * Pivoting can lead to unexpected growth and opportunities. * Building a strong team can enhance business capabilities. * Fear should not hold you back from pursuing your goals. * Listening to customer feedback is crucial for product development. * The journey from idea to market involves multiple stages and challenges. * 'Valuepreneurs' book provides a roadmap for aspiring entrepreneurs. * Success in entrepreneurship often requires mentorship and guidance. * Understanding the market and customer needs is essential for product success. * The evolution of a product can lead to unexpected use cases and benefits. * Entrepreneurs should not hesitate to pursue their ideas and inventions. Connect with Steve * Website: https://swaddell.com/ * LinkedIn: https://www.linkedin.com/in/stevewaddell/ * Company: https://nasoni.com/ * TEDx Talk: https://www.youtube.com/watch?v=14gNJMWvvJo&ab_channel=TEDxTalks Timestamps 00:00 Intro 03:41 Challenges in entrepreneurship 10:31 Focus on “WHO” not “WHY” 13: 07 Strategies to find “WHO”, the market 15:11 Pivoting towards technology and smart solutions 21:20 The future of health and wellness in smart homes 23:43 Uses for sustainability 27:56 Valuepreneurs book: A Framework for Entrepreneurs 34:03 What are the next goals? 38:32 Advice from Steve Support This Podcast Amazon - buy things that Vit Lyoshin recommends * https://www.amazon.com/shop/anhourofinnovationwithvitlyoshin Webflow - Create custom, responsive websites without coding * https://try.webflow.com/0lse98neclhe MeetGeek - Record, transcribe, summarize, and share insights from every meeting * https://get.meetgeek.ai/yjteozr4m6ln Podcast Links * https://linktr.ee/anhourofinnovation Connect with Vit * Website: https://vitlyoshin.com/contact/ * LinkedIn: https://www.linkedin.com/in/vit-lyoshin/ Please subscribe, leave an honest review, and share with people you think will benefit from hearing this information.

In this episode of An Hour of Innovation podcast, host Vit Lyoshin speaks with Amer Tadayon, founder of Lucihub, an AI-powered video production platform. They discuss Amir's diverse background in engineering, sales, and filmmaking, and how it shaped his approach to innovation. Amer Tadayon is the Founder and CEO of Lucihub, a Las Vegas-based company that utilizes artificial intelligence to revolutionize video production. Lucihub offers a platform that provides quick, professional editing solutions, catering to enterprises, small businesses, videographers, and content creators. Amer has a strong background in media and technology, having previously held leadership positions at notable companies like IBM, Cognizant, and Frog Design. His career has been marked by a consistent focus on innovation and growth in the media and technology sectors. Takeaways * The demand for video content has increased, but traditional production methods are outdated. * Lucihub aims to create quality videos quickly and affordably for businesses. * AI enhances efficiency but requires human input for quality results. * The platform combines technology with managed services for a unique offering. * Customer feedback is crucial for product development and iteration. * The future of AI in video production presents both opportunities and challenges. * Ethical considerations in AI usage are important for maintaining trust. * Continuous innovation is necessary to stay relevant in the market. * Entrepreneurs should take action and learn from their experiences. Sponsors * Webflow - Create custom, responsive websites without coding https://try.webflow.com/0lse98neclhe * MeetGeek - Automatically video record, transcribe, summarize, and share granular insights from every meeting to any tool https://get.meetgeek.ai/yjteozr4m6ln Connect with Amer * Website: https://lucihub.com/ * LinkedIn: https://www.linkedin.com/in/amertadayon/ Timestamps 00:00 Intro 03:38 What inspired the creation of Lucihub 07:12 How does Lucihub leverage AI 08:55 How do you incorporate user feedback into the development process 10:43 The unique value proposition of Lucihub 13:47 Does Lucihub have self-service? 14:10 What are some of the exciting new features Lucihub is working on 14:55 Future of AI in video production industry 16:05 Ethical concerns around AI in video production 19:42 AI in Hollywood 20:22 Experiments and expansions of Lucihub 21:18 Opportunities in podcasting 22:47 How Lucihub does innovation 25:00 Success metrics for new features 26:31 Growth strategies and expanding to new markets 27:39 How to start with Lucihub 29:44 Key to success 30:42 Advice from Amer Podcast Links * https://linktr.ee/anhourofinnovation Connect with Vit * Website: https://vitlyoshin.com/contact/ * LinkedIn: https://www.linkedin.com/in/vit-lyoshin/ Please subscribe, leave an honest review, and share with people you think will benefit from hearing this information.

Luká Yancopoulos talks about the challenges in the healthcare supply chain and how his company is revolutionizing procurement for medical practices. Luká is the CEO and co-founder of Grapevine Technologies, a company focused on revolutionizing the medical supply chain by providing a platform designed for B2B wholesalers and purchasers in the healthcare sector. Luká has been recognized for his work in healthcare procurement, with Grapevine aiming to save costs on medical supplies through a more efficient supply chain process. His entrepreneurial journey began while he was still in college, spurred by the need to address supply chain issues during the COVID-19 pandemic. Takeaways * Grapevine Technologies aims to reduce medical supply costs by over 70%. * The COVID-19 pandemic highlighted critical supply chain vulnerabilities in healthcare. * Grapevine's platform consolidates multiple suppliers into a single interface. * The platform is free to use until savings are achieved for the customer. * Grapevine automatically redirects orders in case of backorders. * The company is focused on expanding its services beyond procurement to patient care. * Machine learning is used to predict supply needs based on consumption patterns. * Grapevine aims to make healthcare more affordable for patients. * Real-world examples show significant savings and improved patient care outcomes. * The vision includes automating inventory management for medical practices. * Lowering costs for businesses ultimately benefits patients. * Identifying and addressing key problems in healthcare is crucial. * Patients should have ownership of their health records. * Success in healthcare should be measured by impact and accessibility. * Diversification in supply chains is a growing trend post-COVID. * Patient data ownership is essential for better healthcare outcomes. * Insurance companies pose significant challenges in the healthcare system. * Change in healthcare can directly affect patient outcomes. * Consumer technology is more advanced than healthcare technology. * Innovators should focus on solving real problems for users. Sponsors Webflow - Create custom, responsive websites without coding * https://try.webflow.com/0lse98neclhe MeetGeek - Automatically video record, transcribe, summarize, and share granular insights from every meeting to any tool * https://get.meetgeek.ai/yjteozr4m6ln Connect with Luka * Website: https://www.go-grapevine.com/ * LinkedIn: https://www.linkedin.com/in/luk%C3%A1-yancopoulos-50051a1a8/ Timestamps 00:00 Intro 01:27 Luka’s background 02:49 Problems Grapevine solves 05:20 How Grapevine’s platform simplifies operations 12:02 Unique features and differences of Grapevine 18:41 Real-world impact and success stories 21:52 Expanding into other industries 23:14 Vision for Grapevine in the next five years 27:19 Empowering patients with health records 29:02 Measuring success 30:52 Trends that shaping the future of the healthcare supply chain 33:27 How innovations in the supply chain can influence public health 37:54 The most surprising lesson learned 40:58 How to engage with Grapevine 41:40 Advice from Luka Podcast Links * https://linktr.ee/anhourofinnovation Connect with Vit * Website: https://vitlyoshin.com/contact/ * LinkedIn: https://www.linkedin.com/in/vit-lyoshin/ Please subscribe, leave an honest review, and share with people you think will benefit from hearing this information.

Vinod Sharma talks about the journey from idea to MVP and scaling to the first 100 customers. Vinod shares his extensive experience in the tech field, emphasizing the importance of validating ideas, defining a minimum viable product (MVP), and acquiring initial customers. Vinod has 24 years of experience building and scaling multimillion-dollar products. With deep expertise in product development, he helps SaaS founders transform visionary ideas into scalable products. Takeaways * Validate your idea by finding a 2 AM problem. * Conduct 25 to 40 interviews for initial feedback. * Avoid making assumptions when validating ideas. * Define your MVP by focusing on core problems. * Put something out to get real-world feedback. * Your first customers often come from your network. * Use customer feedback to drive product development. * Stick to your unique value proposition in the competition. * Balance innovation with user maintenance requests. * Understand the difference between vision, strategy, and tactics. Sponsors Webflow - Create custom, responsive websites without coding * https://try.webflow.com/0lse98neclhe MeetGeek - Automatically video record, transcribe, summarize, and share granular insights from every meeting to any tool * https://get.meetgeek.ai/yjteozr4m6ln Connect with Vinod * Website: https://vinodsharma.co/ * LinkedIn: https://www.linkedin.com/in/vinodsharma10x/ * X: https://x.com/VinodSharma10x Timestamps 00:00 Intro 01:15 Vinod’s Story 05:25 How to validate ideas? 09:04 Mistakes people make while validating their ideas 11:34 How do you define MVP? 16:34 Avoiding “perfection paralysis” 19:15 Acquiring your first 100 customers 23:34 Drafting a compelling messaging for a product 25:46 Free trials vs freemium models for SaaS 28:12 Challenges in transitioning from MVP to Growth 30:18 Challenges with teams growing 36:35 Navigating team growth and communication 38:30 Advice to founders on how to handle competition 40:22 Balancing innovation with maintenance and support 43:35 Key lessons for founders 47:06 Advice from Vinod Podcast Links * https://linktr.ee/anhourofinnovation Connect with Vit * Website: https://vitlyoshin.com/contact/ * LinkedIn: https://www.linkedin.com/in/vit-lyoshin/ Please subscribe, leave an honest review, and share with people you think will benefit from hearing this information.