Chapter
Building for the Consumer Market vs the Restaurant Market
29:28 - 33:13 (03:44)
When building a product, it is important to consider whether to target the consumer market or the restaurant market. While the restaurant market may provide immediate revenue, it could limit opportunities for growth and innovation towards solving broader problems.
Clips
Focusing on one market can limit opportunities for growth in the future and reduce the potential overall impact of a business, according to the speaker.
29:28 - 31:53 (02:24)
Startup
Summary
Focusing on one market can limit opportunities for growth in the future and reduce the potential overall impact of a business, according to the speaker. Many startups may trade revolutionary ideas for a smaller slice of the market by conceding to the demands of a customer, particularly to those in the food industry.
ChapterBuilding for the Consumer Market vs the Restaurant Market
EpisodeHow to Think Big with David Friedberg, Founder of Cana
PodcastMy First Million
The speaker discusses how creating a memorable guest experience involves understanding the different levels of service and ensuring that every interaction is excellent.
31:53 - 33:13 (01:19)
Guest Experience
Summary
The speaker discusses how creating a memorable guest experience involves understanding the different levels of service and ensuring that every interaction is excellent.