Chapter

Challenges and Surprises in Achieving Product Market Fit
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31:35 - 39:01 (07:26)

The process of achieving product market fit is iterative and there will always be surprises, especially when targeting millennials who may prefer online communication to in-person conversation. This decision can also be influenced by external factors such as reading a relevant book that inspires a pivotal moment.

Clips
Airbnb's co-founder Brian Chesky discusses the importance of not simply replicating the ideas of other companies and the concept of 'savoring surprises' in the tech industry, which was created by Scott Cook, the founder of Intuit.
31:35 - 32:51 (01:16)
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Technology
Summary

Airbnb's co-founder Brian Chesky discusses the importance of not simply replicating the ideas of other companies and the concept of 'savoring surprises' in the tech industry, which was created by Scott Cook, the founder of Intuit.

Chapter
Challenges and Surprises in Achieving Product Market Fit
Episode
#397: Two Questions Every Entrepreneur Should Answer
Podcast
The Tim Ferriss Show
This podcast discusses the importance of embracing surprises during new product launches and iterations to avoid wasted efforts and optimize development.
32:51 - 34:58 (02:07)
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Product Development
Summary

This podcast discusses the importance of embracing surprises during new product launches and iterations to avoid wasted efforts and optimize development.

Chapter
Challenges and Surprises in Achieving Product Market Fit
Episode
#397: Two Questions Every Entrepreneur Should Answer
Podcast
The Tim Ferriss Show
Venture capitalist, Ben Horowitz, shares the most important lessons he's learned in his career, including the importance of not projecting your own tastes onto others.
34:58 - 35:39 (00:40)
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Venture Capital
Summary

Venture capitalist, Ben Horowitz, shares the most important lessons he's learned in his career, including the importance of not projecting your own tastes onto others.

Chapter
Challenges and Surprises in Achieving Product Market Fit
Episode
#397: Two Questions Every Entrepreneur Should Answer
Podcast
The Tim Ferriss Show
The original implementation of this idea involved a marketplace where investment managers were chosen using the IV methodology, but since millennials prefer not to talk to people, they have shifted to delivering a full suite of banking and investment services without needing to speak to anyone.
35:39 - 39:01 (03:22)
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Millennials
Summary

The original implementation of this idea involved a marketplace where investment managers were chosen using the IV methodology, but since millennials prefer not to talk to people, they have shifted to delivering a full suite of banking and investment services without needing to speak to anyone.

Chapter
Challenges and Surprises in Achieving Product Market Fit
Episode
#397: Two Questions Every Entrepreneur Should Answer
Podcast
The Tim Ferriss Show