Chapter
Clips
The speaker advises startups to choose a market with less competition rather than going for big markets and billion dollar prizes.
1:04:14 - 1:07:11 (02:57)
Summary
The speaker advises startups to choose a market with less competition rather than going for big markets and billion dollar prizes. Startups should focus on their strategy rather than seeking approval from VC firms.
ChapterStrategic Advice for Early Startups
Episode5 Big Ideas for a Business with Greg Isenberg
PodcastMy First Million
The speaker invested in a company developing a robot that makes perfect pizzas 24/7 at a lower cost than a human.
1:07:12 - 1:08:17 (01:04)
Summary
The speaker invested in a company developing a robot that makes perfect pizzas 24/7 at a lower cost than a human. This strategy eliminates market risk and lowers costs through eliminating human error.