Chapter
Finding Opportunities in Company's Promotions
41:10 - 46:34 (05:23)
The strategy of finding large corporations that are willing to advertise their products to consumers to make a profit out of it is almost like doing arbitrage. These "random detours" are part of the journey of creating a successful company.
Clips
The speaker discusses the problems with customer acquisition strategies that decay over time and the lack of intentionality in acquiring customers through free goods or products, specifically in relation to alcohol and subscription boxes.
41:10 - 41:59 (00:49)
Summary
The speaker discusses the problems with customer acquisition strategies that decay over time and the lack of intentionality in acquiring customers through free goods or products, specifically in relation to alcohol and subscription boxes.
ChapterFinding Opportunities in Company's Promotions
Episode#208 with Steph Smith - Why You Need a Chief Automation Officer
PodcastMy First Million
The speaker shares their personal investment strategy of investing in their own projects and education rather than focusing on the market as they believe they are not smarter than the market.
41:59 - 44:19 (02:19)
Summary
The speaker shares their personal investment strategy of investing in their own projects and education rather than focusing on the market as they believe they are not smarter than the market. They suggest that investing in index funds is a better way to make money.
ChapterFinding Opportunities in Company's Promotions
Episode#208 with Steph Smith - Why You Need a Chief Automation Officer
PodcastMy First Million
Investing in yourself includes making time for detours and learning new skills like automation even if it means splurging on upgrading your bike or taking a Python automation course.
44:19 - 46:34 (02:14)
Summary
Investing in yourself includes making time for detours and learning new skills like automation even if it means splurging on upgrading your bike or taking a Python automation course.