Chapter
Investing with Zero Product Market Fit Risk
18:08 - 22:56 (04:48)
The speaker and his investor friend take zero product market fit risk, meaning they invest only in solutions that have high demand from their target consumers, having no doubts about their success in the market.
Clips
A business making $100 million a year is likely spending around $30 million on marketing and $30-40 million on cost of goods sold, with only $15-20 million in profit.
18:08 - 19:36 (01:28)
Summary
A business making $100 million a year is likely spending around $30 million on marketing and $30-40 million on cost of goods sold, with only $15-20 million in profit. They are also typically operating with zero money in their bank account and are vulnerable to changes in marketing algorithms or email rules.
ChapterInvesting with Zero Product Market Fit Risk
Episode#129 - Why Elon Musk Is the Greatest Dropshipper and A Low Key Company Making Millions From Politics
PodcastMy First Million
The speaker explains how as an investor, he looks for companies with no product market fit risk, meaning if they can build their product or service, it will be successful.
19:36 - 22:56 (03:19)
Summary
The speaker explains how as an investor, he looks for companies with no product market fit risk, meaning if they can build their product or service, it will be successful. However, there may still be technical risks in achieving this goal.