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    <title>Epirus.vc</title>
    <description>Empowering entrepreneurship by providing resources and strategy founders need to grow</description>
    
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    <pubDate>Mon, 07 Jul 2025 16:41:28 +0000</pubDate>
    <atom:published>2025-07-07T16:41:28Z</atom:published>
    <atom:updated>2026-07-10T01:06:05Z</atom:updated>
    
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      <category>Startups</category>
      <category>Productivity</category>
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      <item>
  <title>The End of Easy Money</title>
  <description>Why Today’s Tough Market Might Be the Best Thing for Startups
</description>
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  <pubDate>Mon, 07 Jul 2025 16:41:28 +0000</pubDate>
  <atom:published>2025-07-07T16:41:28Z</atom:published>
    <dc:creator>Alex Christidis</dc:creator>
    <dc:creator>Iniobong Uyah</dc:creator>
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</style><div class='beehiiv__body'><p class="paragraph" style="text-align:left;">In 2021, if you had a slick pitch deck and a dream, $3 million in pre-product funding wasn’t just possible—it was expected. Founders were raising with nothing more than ideas. VCs were moving fast, term sheets were flying, and burn rates were celebrated like victory laps.</p><p class="paragraph" style="text-align:left;">But in 2025? The silence is deafening.</p><p class="paragraph" style="text-align:left;">The capital that once came easily is now scarce. VCs are cautious. Valuations are down. Growth-at-all-costs is dead. In its place? A new kind of game where runway matters more than hype, and only the most disciplined survive.</p><p class="paragraph" style="text-align:left;">This might feel like the end of an era. But what if it&#39;s actually the beginning of a better one?</p><h2 class="heading" style="text-align:left;" id="the-great-venture-freeze-from-disne">🎢 The Great Venture Freeze: From Disneyland to Survivor</h2><p class="paragraph" style="text-align:left;">In 2023 alone, global venture funding dropped <b>over 50%</b>, according to Crunchbase. Mega-rounds disappeared. IPOs froze. Seed checks shrank. Founders who once walked into meetings and walked out with millions are now getting ghosted.</p><p class="paragraph" style="text-align:left;">A founder put it bluntly in an interview with <i>Financial Times</i>:</p><div class="blockquote"><blockquote class="blockquote__quote"></blockquote></div><p class="paragraph" style="text-align:left;">So, what happened?</p><h2 class="heading" style="text-align:left;" id="whats-really-behind-the-crunch">🔍 What’s Really Behind the Crunch?</h2><p class="paragraph" style="text-align:left;">Let’s call it what it is: a <b>systemic correction</b>.</p><p class="paragraph" style="text-align:left;">Here’s what drove the shift:</p><ol start="1"><li><p class="paragraph" style="text-align:left;"><b>Macroeconomic Shocks:</b> Rising interest rates made money more expensive. Safer returns looked attractive. Startups considered risky became less appealing.</p></li><li><p class="paragraph" style="text-align:left;"><b>Public Market Disasters:</b> When WeWork imploded and Bird flopped, confidence crumbled. Even Instacart’s 2023 IPO struggled to deliver hope.</p></li><li><p class="paragraph" style="text-align:left;"><b>VC Mindset Shift:</b> The new buzzword is <b>“default alive”</b>. VCs now ask:</p><ul><li><p class="paragraph" style="text-align:left;">When do you break even?</p></li><li><p class="paragraph" style="text-align:left;">How lean is your burn?</p></li><li><p class="paragraph" style="text-align:left;">What does sustainable growth look like?</p></li></ul></li></ol><p class="paragraph" style="text-align:left;">These aren’t revolutionary questions. They’re just back in style.</p><h2 class="heading" style="text-align:left;" id="from-hype-metrics-to-hard-numbers">📘 From Hype Metrics to Hard Numbers</h2><p class="paragraph" style="text-align:left;">The old startup gospel was: <b>Raise fast. Grow faster. Profit later.</b></p><p class="paragraph" style="text-align:left;">The new gospel?</p><p class="paragraph" style="text-align:left;"><b>Show me the margins. Prove the unit economics. Make the numbers work.</b></p><p class="paragraph" style="text-align:left;">Terms like <b>“Rule of 40”</b> and <b>“LTV/CAC”</b> now shape funding decisions. Today’s investors care more about:</p><ul><li><p class="paragraph" style="text-align:left;">Capital-efficient growth</p></li><li><p class="paragraph" style="text-align:left;">Small, lean teams</p></li><li><p class="paragraph" style="text-align:left;">Revenue-first roadmaps</p></li></ul><p class="paragraph" style="text-align:left;">Being flashy doesn’t win anymore. Being solid does.</p><h2 class="heading" style="text-align:left;" id="storytime-what-airbnbs-cereal-boxes">🧠 Storytime: What Airbnb’s Cereal Boxes Teach Us</h2><p class="paragraph" style="text-align:left;">Let’s rewind to 2008.</p><p class="paragraph" style="text-align:left;">Airbnb was broke. Investors weren’t biting. So what did they do?</p><p class="paragraph" style="text-align:left;">They sold <b>limited-edition cereal boxes</b>, “Obama O’s” and “Cap’n McCain’s”, during the U.S. elections to stay afloat. They made $30,000. That cash got them through a rough patch and into Y Combinator.</p><p class="paragraph" style="text-align:left;">Today’s founders face a similar squeeze. And like Airbnb, <i><b>creativity is more valuable than cash.</b></i></p><h2 class="heading" style="text-align:left;" id="surviving-without-vc-3-models-that-">💡 Surviving Without VC: 3 Models That Work</h2><p class="paragraph" style="text-align:left;">If capital is drying up, what’s the play? Turns out, you’ve got options:</p><h4 class="heading" style="text-align:left;" id="1-bootstrapping-is-back">1. <b>Bootstrapping Is Back</b></h4><p class="paragraph" style="text-align:left;">Companies like <b>Mailchimp</b> and <b>Basecamp</b> thrived without venture funding. Now, with tools like Stripe Atlas, Notion, and Shopify, founders can build faster and cheaper than ever. You don’t need 20 engineers anymore. You need focus.</p><h4 class="heading" style="text-align:left;" id="2-alt-finance-is-growing">2. <b>Alt-Finance Is Growing</b></h4><p class="paragraph" style="text-align:left;">Think:</p><ul><li><p class="paragraph" style="text-align:left;">Revenue-based financing from <b>Pipe</b>, <b>Capchase</b></p></li><li><p class="paragraph" style="text-align:left;">Government and NGO grants for climate, AI, or health startups</p></li><li><p class="paragraph" style="text-align:left;">Syndicates via <b>AngelList</b> or rolling funds</p></li></ul><p class="paragraph" style="text-align:left;">This isn’t free money, but it’s flexible and doesn’t dilute your equity.</p><h4 class="heading" style="text-align:left;" id="3-the-customer-funded-path">3. <b>The Customer-Funded Path</b></h4><p class="paragraph" style="text-align:left;">Some of the best businesses today are what investors call “boring but brilliant”—profitable, niche-focused, and obsessed with solving real customer pain.</p><p class="paragraph" style="text-align:left;">As Paul Graham famously said:</p><div class="blockquote"><blockquote class="blockquote__quote"></blockquote></div><h2 class="heading" style="text-align:left;" id="lessons-from-the-downturns-of-2008-">🧬 Lessons from the Downturns of 2008 & 2020</h2><p class="paragraph" style="text-align:left;">Downturns breed innovation.</p><ul><li><p class="paragraph" style="text-align:left;"><b>Airbnb</b>, <b>Uber</b>, and <b>WhatsApp</b> were all born in the aftermath of the 2008 crash.</p></li><li><p class="paragraph" style="text-align:left;"><b>Figma</b>, <b>Notion</b>, and <b>Zoom</b> thrived post-2020, when teams were remote and budgets were tight.</p></li></ul><p class="paragraph" style="text-align:left;">These companies didn’t scale because of excess; they won because of constraint.</p><p class="paragraph" style="text-align:left;">Figma didn’t raise huge rounds early on. They focused on the product.<br>WhatsApp grew with <b>no ad spend</b>. Just utility and word-of-mouth.<br>Zoom didn’t flash; it just worked when others didn’t.</p><h2 class="heading" style="text-align:left;" id="mindset-reset-from-visionary-to-ope">💭 Mindset Reset: From Visionary to Operator</h2><p class="paragraph" style="text-align:left;">If you&#39;re building a startup today, here’s your new identity:</p><ul><li><p class="paragraph" style="text-align:left;"><b>A systems thinker</b>, not just a visionary.</p></li><li><p class="paragraph" style="text-align:left;"><b>A cash-flow realist</b>, not a valuation dreamer.</p></li><li><p class="paragraph" style="text-align:left;"><b>A product obsessor</b>, not a pitch deck hero.</p></li></ul><p class="paragraph" style="text-align:left;">Y<b>ou don’t need a 10x burn to build a 10x business.</b></p><p class="paragraph" style="text-align:left;">You need staying power, love for the problem, and a relentless focus on what your customer actually wants.</p><h2 class="heading" style="text-align:left;" id="what-investors-really-want-in-2025">🧠 What Investors <i>Really</i> Want in 2025</h2><p class="paragraph" style="text-align:left;">Good investors are still writing checks—but with sharper pencils.</p><p class="paragraph" style="text-align:left;">Today’s VC wish list:</p><ul><li><p class="paragraph" style="text-align:left;">Strong retention metrics</p></li><li><p class="paragraph" style="text-align:left;">Realistic go-to-market motion</p></li><li><p class="paragraph" style="text-align:left;">Founders with <b>domain depth</b></p></li><li><p class="paragraph" style="text-align:left;">Evidence of <b>capital discipline</b></p></li></ul><h2 class="heading" style="text-align:left;" id="this-is-a-filter-not-a-failure">🧭 This Is a Filter, Not a Failure</h2><p class="paragraph" style="text-align:left;">You’ll see headlines that scream, <b>“Startup funding hits new lows.”</b> But that doesn’t mean you’re failing. It means the bar has risen, and that’s a good thing.</p><p class="paragraph" style="text-align:left;">This is a filter.</p><p class="paragraph" style="text-align:left;">It filters out hype and favors those who build with intent.</p><p class="paragraph" style="text-align:left;">If you’re still building, you’re already ahead of most.</p><h2 class="heading" style="text-align:left;" id="closing-thought-the-hard-part-is-th">🏁 Closing Thought: The Hard Part Is the Good Part</h2><p class="paragraph" style="text-align:left;">Maybe your seed round didn’t close. Maybe your runway is short. But that doesn’t mean you’re behind.</p><p class="paragraph" style="text-align:left;">It means you’re building with clarity. Purpose. Focus.</p><p class="paragraph" style="text-align:left;">Great companies aren’t built in bull markets, they’re forged in winters.</p><p class="paragraph" style="text-align:left;">So keep showing up. Because the magic never happens in the easy part.<br>It shows up when it gets real.</p><hr class="content_break"><p class="paragraph" style="text-align:left;">For more insightful articles, click the link below to visit our blog;</p><div class="embed"><a class="embed__url" href="https://www.epirus.vc/blog?utm_source=epirus.beehiiv.com&utm_medium=newsletter&utm_campaign=the-end-of-easy-money" target="_blank"><div class="embed__content"><p class="embed__title"> Startup & Business Blog | Trends, Tips & Growth Strategies | Epirus.vc </p><p class="embed__description"> Explore actionable business tips, trends, and startup strategies to grow your business. Stay informed on entrepreneurship and the latest industry developments.&quot; </p><p class="embed__link"> www.epirus.vc/blog </p></div><img class="embed__image embed__image--right" src=""/></a></div><hr class="content_break"></div><div class='beehiiv__footer'><br class='beehiiv__footer__break'><hr class='beehiiv__footer__line'><a target="_blank" class="beehiiv__footer_link" style="text-align: center;" href="https://www.beehiiv.com/?utm_campaign=9a47a41f-c1c7-4d75-93ce-9678c4aaac3c&utm_medium=post_rss&utm_source=epirus_vc">Powered by beehiiv</a></div></div>
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  <title>What’s Going On?</title>
  <description>Profitability or Growth? Here&#39;s what you should do when faced with this question. Key tip : know when to switch. </description>
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  <link>https://epirus.beehiiv.com/p/what-s-going-on</link>
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  <pubDate>Mon, 30 Jun 2025 08:03:50 +0000</pubDate>
  <atom:published>2025-06-30T08:03:50Z</atom:published>
    <dc:creator>Iniobong Uyah</dc:creator>
    <dc:creator>Alex Christidis</dc:creator>
  <content:encoded><![CDATA[
    <div class='beehiiv'><style>
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</style><div class='beehiiv__body'><p class="paragraph" style="text-align:left;">For over a decade, startups could raise millions off little more than ambition. But after the funding pullback of 2023, the free-money era is over. IPOs froze. VCs retreated. Burn rates turned into red flags.</p><p class="paragraph" style="text-align:left;">Now, the key question isn’t <i>how fast can you grow?</i> It’s <i>how long can you survive?</i></p><p class="paragraph" style="text-align:left;">In 2025, founders must choose:<br><b>Grow fast and dominate? Or grow smart and stay alive?</b></p><p class="paragraph" style="text-align:left;"><b>By the Numbers</b></p><ul><li><p class="paragraph" style="text-align:left;">🚫 Global startup funding fell <b>40%+</b> from 2021 to 2023 (Crunchbase)</p></li><li><p class="paragraph" style="text-align:left;">💡 Rule of 40 = Revenue growth % + Profit margin % ≥ 40</p></li><li><p class="paragraph" style="text-align:left;">⏳ Runway &lt;12 months? Profit is priority.</p></li></ul><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h2 class="heading" style="text-align:left;"><b>Growth vs. Profit: A Startup Split-Screen</b></h2></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/72c95b8c-0821-40b0-aeb6-9c42ee4742db/balance.png?t=1751270072"/></div></td></tr></table><p class="paragraph" style="text-align:left;"><b>Why Founders Chase Growth:</b></p><ul><li><p class="paragraph" style="text-align:left;">Gain market share early</p></li><li><p class="paragraph" style="text-align:left;">Attract investors and talent</p></li><li><p class="paragraph" style="text-align:left;">Build hype and category leadership<br><i>Think:</i> Stripe scaling globally after early traction.</p></li></ul><p class="paragraph" style="text-align:left;"><b>Risks:</b></p><ul><li><p class="paragraph" style="text-align:left;">High burn, thin margins</p></li><li><p class="paragraph" style="text-align:left;">Vulnerable when capital dries up</p></li><li><p class="paragraph" style="text-align:left;">Example: <b>Robinhood</b>, which scaled fast but faced scrutiny, thin economics, and trust erosion.</p></li></ul><p class="paragraph" style="text-align:left;"><b>Why Profit Is Cool Again:</b></p><ul><li><p class="paragraph" style="text-align:left;">Build independence from VC</p></li><li><p class="paragraph" style="text-align:left;">Survive downturns</p></li><li><p class="paragraph" style="text-align:left;">Make strategic, not reactive, decisions<br><i>Think:</i> Basecamp, Mailchimp—slow, steady, and sustainable.</p></li></ul><p class="paragraph" style="text-align:left;"><b>Tradeoff:</b></p><ul><li><p class="paragraph" style="text-align:left;">May miss market waves</p></li><li><p class="paragraph" style="text-align:left;">Can limit velocity or talent attraction</p></li></ul><p class="paragraph" style="text-align:left;"><b>Real Startup Playbooks</b></p><ul><li><p class="paragraph" style="text-align:left;"><b>Canva:</b> Grew fast <i>and</i> stayed disciplined, profitable through expansion</p></li><li><p class="paragraph" style="text-align:left;"><b>Atlassian:</b> Emphasized recurring revenue + strong unit economics</p></li><li><p class="paragraph" style="text-align:left;"><b>Robinhood:</b> Prioritized users, but weak fundamentals caught up</p></li><li><p class="paragraph" style="text-align:left;"><b>Basecamp:</b> Ignored hype, stayed small and profitable</p></li></ul><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h2 class="heading" style="text-align:left;"><b>So…Which One Should You Pick?</b></h2></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/6b65c379-e0f5-4f67-bb70-953d1b910942/question-mark.png?t=1751270140"/></div></td></tr></table><p class="paragraph" style="text-align:left;">There’s no universal answer. It depends on:</p><p class="paragraph" style="text-align:left;"><b>Stage</b></p><ul><li><p class="paragraph" style="text-align:left;">Pre-seed? Prove the product and model before scaling.</p></li><li><p class="paragraph" style="text-align:left;">Series A/B? Choose growth <i>or</i> financial focus deliberately.</p></li></ul><p class="paragraph" style="text-align:left;"><b>Market Type</b></p><ul><li><p class="paragraph" style="text-align:left;">Big and open (like early Figma)? Growth makes sense.</p></li><li><p class="paragraph" style="text-align:left;">Crowded or niche? Profit-first is smarter.</p></li></ul><p class="paragraph" style="text-align:left;"><b>Runway</b></p><ul><li><p class="paragraph" style="text-align:left;">24+ months? Try smart bets on scale.</p></li><li><p class="paragraph" style="text-align:left;">Under 12? Control cash, reduce burn.</p></li></ul><p class="paragraph" style="text-align:left;"><b>Geography</b></p><ul><li><p class="paragraph" style="text-align:left;">US: More open to growth stories.</p></li><li><p class="paragraph" style="text-align:left;">EU/Asia: Expect capital discipline early.</p></li></ul><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h2 class="heading" style="text-align:left;"><b>3 Strategic Tools You Should Be Using</b></h2></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/080fc7b4-1d0c-46f9-b7ce-a81795f771c6/strategy.png?t=1751270212"/></div></td></tr></table><p class="paragraph" style="text-align:left;"><b>1. Rule of 40</b><br>If growth + margins &lt; 40%, you’re likely inefficient.</p><p class="paragraph" style="text-align:left;"><b>2. LTV : CAC Ratio</b><br>You want at least a 3:1 return. If you spend $100 to get a customer worth $150… you’ve got work to do.</p><p class="paragraph" style="text-align:left;"><b>3. Break-Even Horizon</b></p><div class="blockquote"><blockquote class="blockquote__quote"></blockquote></div><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h2 class="heading" style="text-align:left;"><b>The Middle Path: Profit Now, Grow Later</b></h2></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/6d52ea55-96d0-432b-8e8b-facc01aac773/rectangle-with-broken-line-in-the-middle-and-two-arrows-pointing-to-sides.png?t=1751270258"/></div></td></tr></table><p class="paragraph" style="text-align:left;">You don’t have to stay stuck in one mode.</p><ul><li><p class="paragraph" style="text-align:left;">Start lean.</p></li><li><p class="paragraph" style="text-align:left;">Get profitable.</p></li><li><p class="paragraph" style="text-align:left;">Then reinvest for smarter, more sustainable growth.<br>This worked for <b>Mailchimp</b>, which bootstrapped its way to dominance before selling.</p></li></ul><p class="paragraph" style="text-align:left;">Or shift strategy with conditions, grow in good times, and hunker down during storms.</p><p class="paragraph" style="text-align:left;"><b>Investor Mood in 2025</b></p><p class="paragraph" style="text-align:left;">Forget the blitzscaling hype.<br>Investors now want:</p><ul><li><p class="paragraph" style="text-align:left;">Capital efficiency</p></li><li><p class="paragraph" style="text-align:left;">Predictable margins</p></li><li><p class="paragraph" style="text-align:left;">Clear go-to-market plans</p></li></ul><p class="paragraph" style="text-align:left;">Profitable startups are hot again—even with slower growth. But if you <i>can</i> grow fast <i>and</i> stay disciplined (like Canva)? You’ll raise, expand, and win.</p><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h2 class="heading" style="text-align:left;"><b>Zoom Out</b></h2></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/64936747-922c-4d87-bdf2-7537901ef8d1/loupe.png?t=1751270307"/></div></td></tr></table><p class="paragraph" style="text-align:left;">The new startup advantage isn’t speed—it’s clarity.</p><p class="paragraph" style="text-align:left;">Know your metrics.<br>Understand your timeline.<br>Pick the path that aligns with your model, not someone else’s roadmap.</p><p class="paragraph" style="text-align:left;">In 2025, success isn’t about growth <i>vs.</i> profit.<br>It’s about choosing the right strategy <i>on purpose</i>.</p><p class="paragraph" style="text-align:left;"><b>Question for You:</b></p><div class="blockquote"><blockquote class="blockquote__quote"></blockquote></div></div><div class='beehiiv__footer'><br class='beehiiv__footer__break'><hr class='beehiiv__footer__line'><a target="_blank" class="beehiiv__footer_link" style="text-align: center;" href="https://www.beehiiv.com/?utm_campaign=f2b21026-8614-4418-b632-6c4eef176682&utm_medium=post_rss&utm_source=epirus_vc">Powered by beehiiv</a></div></div>
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  <title>This is all it takes </title>
  <description>Reliability is one word you barely hear of in a world obsessed with innovation. If you are an entrepreneur, here is why you should pay more attention to building a reliable brand.</description>
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  <pubDate>Tue, 24 Jun 2025 07:34:07 +0000</pubDate>
  <atom:published>2025-06-24T07:34:07Z</atom:published>
    <dc:creator>Iniobong Uyah</dc:creator>
    <dc:creator>Alex Christidis</dc:creator>
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</style><div class='beehiiv__body'><p class="paragraph" style="text-align:left;">Market domination is not all about having the latest tech, the best teams, or the flashiest product; if you are not reliable, then you’ve already lost. It is only a matter of time. </p><p class="paragraph" style="text-align:left;">In today’s fast-moving business landscape, innovation gets all the hype, but reliability is what builds lasting success.</p><p class="paragraph" style="text-align:left;">Customers in 2025 are no longer impressed by flashy features that break or big promises that aren’t kept. They want to know: Can I trust this brand to do what it says, every time?</p><p class="paragraph" style="text-align:left;">After the chaos of the pandemic and years of product over-promising, consumers are craving brands that are predictable, stable, and dependable. </p><p class="paragraph" style="text-align:left;">“<i><b>A 2024 PwC study found that 78% of consumers prefer a brand that’s consistently good over one that’s occasionally amazing.”</b></i></p><p class="paragraph" style="text-align:left;">Think of Apple. It’s not always first to market, but people trust that their products “just work.” Or Canva, maybe not the most powerful design tool, but it’s fast, smooth, and rarely breaks. That’s what keeps people coming back.</p><p class="paragraph" style="text-align:left;">So if you’re building a business, especially as a founder, focus on making your systems, team, and experience reliable. <b><i>Reliability builds trust, and trust builds customer loyalty.</i></b></p><h2 class="heading" style="text-align:left;" id="heres-how-you-can-build-a-reliable-">Here’s how you can build a reliable business</h2><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><p class="paragraph" style="text-align:left;"><b>Audit the Customer Journey for Failure Points</b></p></td><td width="50%" class="bh__column"><p class="paragraph" style="text-align:left;">Map out every touchpoint from onboarding to retention. Where are things likely to break or disappoint? Fix those friction points early.</p></td></tr></table><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><p class="paragraph" style="text-align:left;"><b>Create Internal SOPs for Repeated Tasks</b></p></td><td width="50%" class="bh__column"><p class="paragraph" style="text-align:left;">From customer onboarding to content publishing, documenting your workflows creates consistency across team members and time zones.</p></td></tr></table><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><p class="paragraph" style="text-align:left;"><b>Automate Repetition, Not Relationship</b></p></td><td width="50%" class="bh__column"><p class="paragraph" style="text-align:left;">Automate operational tasks (emails, invoicing, follow-ups), but keep the human touch where it matters—support, feedback, and community.</p></td></tr></table><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h4 class="heading" style="text-align:left;"><b>Test and Retest Before You Launch</b></h4></td><td width="50%" class="bh__column"><p class="paragraph" style="text-align:left;">Whether it’s a new product feature or an email campaign, always test. Delivering a broken experience - even once - can erode trust quickly.</p></td></tr></table><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><p class="paragraph" style="text-align:left;"><b>Set Clear Expectations</b></p></td><td width="50%" class="bh__column"><p class="paragraph" style="text-align:left;">Be clear about delivery times, what your product does (and doesn’t do), and how support works. Don’t overpromise. Under-promise, over-deliver.</p></td></tr></table><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><p class="paragraph" style="text-align:left;"><b>Respond Fast, Even When You Don’t Have the Answer</b></p></td><td width="50%" class="bh__column"><p class="paragraph" style="text-align:left;">Silence feels like failure. If something goes wrong, reply quickly—even if it’s just to say “We’re working on it.” That alone builds trust.</p></td></tr></table><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><p class="paragraph" style="text-align:left;"><b>Track, Improve, Repeat</b></p></td><td width="50%" class="bh__column"><p class="paragraph" style="text-align:left;">Reliability isn’t set-and-forget. Keep iterating. Use feedback, monitor metrics, and revisit your processes often.</p></td></tr></table><h2 class="heading" style="text-align:left;" id="learn-from-them"><b>Learn from them !!!</b></h2><h4 class="heading" style="text-align:left;" id="apple-trust-in-ecosystem"><b>Apple - Trust in Ecosystem</b></h4><p class="paragraph" style="text-align:left;">Apple didn’t dominate the world because it was the most innovative; it won because it created a reliable user experience across all devices. iPhones, Macs, AirPods, they all just work. Updates are regular. Support is predictable. That ecosystem reliability is their moat.</p><h4 class="heading" style="text-align:left;" id="basecamp-calm-predictable-productiv"><b>Basecamp – Calm, Predictable Productivity</b></h4><p class="paragraph" style="text-align:left;">Basecamp markets itself not as the flashiest productivity tool, but the most dependable. It’s fast, simple, and stable. In a world of bloated SaaS tools, Basecamp’s reliability makes it a favorite for teams that just want to get things done.</p><h4 class="heading" style="text-align:left;" id="canva-consistency"><b>Canva – Consistency</b></h4><p class="paragraph" style="text-align:left;">Canva isn’t the most advanced design software, but it rarely breaks. Whether it’s templates loading, downloads working, or team collaboration, Canva delivers a seamless experience consistently. That’s why businesses keep paying for Pro.</p><p class="paragraph" style="text-align:left;"></p><p class="paragraph" style="text-align:left;"><i><b>If you’re building something—whether it’s a product, a team, or a legacy—don’t aim to impress. Aim to be counted on.</b></i></p><p class="paragraph" style="text-align:left;"><b>Start today: </b>Pick one process in your business and make it 10x more reliable. Then do it again next week. That’s how trust is built—and how greatness compounds.</p><h3 class="heading" style="text-align:left;" id="click-the-link-below-to-read-more">Click the link below to read more</h3><div class="embed"><a class="embed__url" href="https://www.epirus.vc/blog/reliability-is-the-new-competitive-edge-in-business?utm_source=epirus.beehiiv.com&utm_medium=newsletter&utm_campaign=this-is-all-it-takes" target="_blank"><div class="embed__content"><p class="embed__title"> Reliability Is the New Competitive Edge In Business </p><p class="embed__description"> Consistency and reliability, two words you hardly hear of in a world obsessed with innovation. If you are an entrepreneur, here is why you should pay more attention to building a reliable brand. </p><p class="embed__link"> www.epirus.vc/blog/reliability-is-the-new-competitive-edge-in-business </p></div><img class="embed__image embed__image--right" src="https://cdn.prod.website-files.com/630533bb38a04b2d7788387f/685a4c9a26867b51a171ea62_Open.jpg"/></a></div></div><div class='beehiiv__footer'><br class='beehiiv__footer__break'><hr class='beehiiv__footer__line'><a target="_blank" class="beehiiv__footer_link" style="text-align: center;" href="https://www.beehiiv.com/?utm_campaign=da458c44-7b7d-4992-ac9a-ed68995779ed&utm_medium=post_rss&utm_source=epirus_vc">Powered by beehiiv</a></div></div>
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  <title>Ordinary People, Extraordinary Founders</title>
  <description>What John Paul DeJoria, Kathryn Minshew, and  Richard Montañez have in common is that they are all ordinary people who became extraordinary entrepreneurs. This is their story, and key lessons for founders. </description>
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  <pubDate>Wed, 18 Jun 2025 10:40:50 +0000</pubDate>
  <atom:published>2025-06-18T10:40:50Z</atom:published>
    <dc:creator>Alex Christidis</dc:creator>
    <dc:creator>Iniobong Uyah</dc:creator>
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</style><div class='beehiiv__body'><p class="paragraph" style="text-align:left;">What does it really take to build something meaningful? Not fairy tales. Not meteoric rises. The stories that follow are lived reality—full of hardship, hope, risk, and heart. Written for anyone who dreams of building a business that matters, they show that where you come from doesn’t determine where you can go.</p><p class="paragraph" style="text-align:left;">In this post, you’ll meet:</p><ol start="1"><li><p class="paragraph" style="text-align:left;"><b>John Paul DeJoria</b> – from foster care and homelessness to billion-dollar brands</p></li><li><p class="paragraph" style="text-align:left;"><b>Kathryn Minshew</b> – rejected 148 times before The Muse changed careers forever</p></li><li><p class="paragraph" style="text-align:left;"><b>Richard Montañez</b> – a janitor who sparked a snack revolution<br>…plus, deeper insights: lessons every founder should know, and how you can start today.</p></li></ol><hr class="content_break"><h2 class="heading" style="text-align:left;" id="john-paul-de-jorias-story-from-pove"><b>John Paul DeJoria’s Story: From Poverty to Billion-dollar brands</b></h2><hr class="content_break"><p class="paragraph" style="text-align:left;">John Paul DeJoria’s roots were rocky. Born in Los Angeles in 1944, he bounced between foster homes and poverty. As a child, he sold Christmas cards and newspapers, not just for pocket money but out of pride—he learned early that persistence matters more than privilege.</p><p class="paragraph" style="text-align:left;">As a young adult, he survived on menial jobs—janitor, encyclopedia salesman, and tow truck driver. When he reached senior roles at Redken Laboratories, it felt like a breakthrough. But in 1980, at the age of 36, he was fired again. With no job and no prospects, he found himself living out of his car, a Rolls-Royce that had once been a symbol of prestige, now just a shell.</p><h3 class="heading" style="text-align:left;" id="rolling-the-dice"><b>Rolling the Dice</b></h3><p class="paragraph" style="text-align:left;">That same year, a haircut changed his life. He met Paul Mitchell, a hairstylist with a vision to revolutionize the hair care industry. With just $700 ($350 from his mother, $350 from himself), they founded John Paul Mitchell Systems. Without marketing teams or investors, they bottled samples, knocked on salon doors, and even shampooed clients personally.</p><h3 class="heading" style="text-align:left;" id="the-turning-point"><b>The Turning Point</b></h3><p class="paragraph" style="text-align:left;">Two years in, they were barely scraping by. However, they then received their first meaningful order, which finally cleared enough to pay suppliers and cover rent. That’s when everything shifted. With grit, celebrity endorsements, and hands-on consistency, they scaled into a global brand.</p><p class="paragraph" style="text-align:left;">And in 1989, DeJoria launched Patrón Tequila—built the same way: painstaking attention to product, pricing it as a premium spirit, and a strategy that spoke tasting louder than marketing.</p><h3 class="heading" style="text-align:left;" id="giving-back-with-purpose"><b>Giving Back with Purpose</b></h3><p class="paragraph" style="text-align:left;">Success didn’t alter his humility. DeJoria founded the Peace, Love & Happiness Foundation, supports environmental causes, stands for cruelty‑free beauty, and fights poverty in Africa. His mantra: “Success unshared is failure.” That’s a hero’s legacy.</p><hr class="content_break"><h2 class="heading" style="text-align:left;" id="kathryn-minshews-story-from-148-nos"><b> Kathryn Minshew’s Story: From 148 “Nos” to Building a Platform Empowering Millions</b></h2><hr class="content_break"><h3 class="heading" style="text-align:left;" id="comfort-in-the-wrong-place"><b>Comfort in the Wrong Place</b></h3><p class="paragraph" style="text-align:left;">Kathryn Minshew had the qualifications: McKinsey, Clinton Health Access Initiative. But she felt like she was building someone else’s goals, not her own. That’s when she found her calling: career advice rooted in empathy and reality.</p><h3 class="heading" style="text-align:left;" id="the-brutal-rejections"><b>The Brutal Rejections</b></h3><p class="paragraph" style="text-align:left;">When she launched The Daily Muse, investors responded 148 times with: “No.” The sting of rejection nearly stopped her—fear of failure loomed larger than ever. But Kathryn listened to her heart, and to the stories of people who craved purpose, not just a paycheck.</p><h3 class="heading" style="text-align:left;" id="a-breakthrough-at-yc"><b>A Breakthrough at YC</b></h3><p class="paragraph" style="text-align:left;">Their entry into Y Combinator in 2012 became a turning point. Pitching with emotion and conviction, Kathryn convinced investors not only of her idea but of her resolve. Funding followed. Credibility followed. And the Muse grew to over a million monthly users.</p><h3 class="heading" style="text-align:left;" id="the-power-of-persistence"><b>The Power of Persistence</b></h3><p class="paragraph" style="text-align:left;">Today, Kathryn speaks the truth: entrepreneurship is messy, emotional, and extremely non-linear. But every setback was part of the journey. Her brand stands not on Excel sheets, but on purpose—and that, she says, is what moves people.</p><hr class="content_break"><h2 class="heading" style="text-align:left;" id="richard-montaezs-from-overnight-cus"><b>Richard Montañez’s: From Overnight Custodian to Snack Legend</b></h2><hr class="content_break"><h3 class="heading" style="text-align:left;" id="laying-floors-laying-foundations"><b>Laying Floors, Laying Foundations</b></h3><p class="paragraph" style="text-align:left;">Richard Montañez was born in 1958 in Ontario, California, to a family so large that they shared a kitchen with dozens of others. He dropped out in fourth grade, working from an early age to help support his family. His grandfather taught him early: “If you work, make it shine.”</p><p class="paragraph" style="text-align:left;">In 1976, he began working at a Frito-Lay plant as a janitor. He witnessed the company’s factory and decided to treat every floor, every machine, as if it were his own. When a memo arrived saying “act like an owner,” he took it as a personal challenge.</p><h3 class="heading" style="text-align:left;" id="a-flavorful-spark"><b>A Flavorful Spark</b></h3><p class="paragraph" style="text-align:left;">He began making trips with truck drivers. Years later, he trotted into the CEO’s office carrying bags of home-dusted Cheetos, spiced with chili powder from his kitchen. They were snacks infused with passion, and he demanded they meet the company’s national lineup.</p><h3 class="heading" style="text-align:left;" id="from-test-runs-to-tactical-growth"><b>From Test Runs to Tactical Growth</b></h3><p class="paragraph" style="text-align:left;">The test run in Southern California became a full-scale rollout. Flamin’ Hot Cheetos became a cultural sensation—nascent flavor trend, slammed social content, red-cheek visuals. Montañez climbed to Vice-President of Multicultural Sales & Community Promotion.</p><h3 class="heading" style="text-align:left;" id="controversy-clarified-and-committed"><b>Controversy, Clarified, and Committed</b></h3><p class="paragraph" style="text-align:left;">In 2021, Frito-Lay acknowledged that part of the concept had come from an internal product team, but also emphasized Montañez’s role in brand expansion. He responded humbly:</p><p class="paragraph" style="text-align:left;"><span style="color:rgb(17, 17, 17);"><i><b>“I don’t care. I know the story.”</b></i></span></p><p class="paragraph" style="text-align:left;">By 2024, he’d published memoirs, become a motivational speaker, and even filed a lawsuit to protect his version of the truth—mirroring his lifelong drive: to be heard, to be seen, and to inspire.</p><hr class="content_break"><h2 class="heading" style="text-align:left;" id="key-lessons"><b>Key</b> <b>lessons</b></h2><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h3 class="heading" style="text-align:left;"><b>1. Grit beats talent</b></h3></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/a482e2bc-3721-44ac-a353-65d3c43df085/Grit.png?t=1750237782"/></div></td></tr></table><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h3 class="heading" style="text-align:left;"><b>2. Purpose Over Profit</b></h3></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/e9330920-e492-44fb-8311-a27d09cd951d/Purpose.png?t=1750237880"/></div></td></tr></table><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h3 class="heading" style="text-align:left;"><b>3. Challenges Breed Creativity</b></h3></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/cf87780a-0d0f-4324-98f7-39915f3806be/puzzle.png?t=1750240217"/></div></td></tr></table><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h3 class="heading" style="text-align:left;"><b>4. Tell Your Truth</b></h3></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/a724c0bd-b5f0-4d15-ac35-e820b77b074d/speak.png?t=1750240401"/></div></td></tr></table><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h3 class="heading" style="text-align:left;"><b>5. Scale Thoughtfully</b></h3></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/1f29ab87-12d8-42dc-92a0-c94cc35da63f/up.png?t=1750240469"/></div></td></tr></table><hr class="content_break"><h2 class="heading" style="text-align:left;" id="remember"><b>Remember;</b></h2><p class="paragraph" style="text-align:left;">These lessons aren’t just theoretical—they were paid for in sweat, setbacks, and second chances. What unites DeJoria, Minshew, and Montañez isn’t genius or resources. It’s the mindset to keep going, keep learning, and keep leading with meaning.</p><p class="paragraph" style="text-align:left;"><b>You don’t need to have it all figured out.</b></p><p class="paragraph" style="text-align:left;">You just need to start from where you are, tell your truth, and take one brave step every day, especially when it’s hard.</p><p class="paragraph" style="text-align:left;">Because what it truly takes to build something big… is already inside you.</p><hr class="content_break"><p class="paragraph" style="text-align:left;"><b>Read the full article below;</b></p><div class="embed"><a class="embed__url" href="https://www.epirus.vc/blog/ordinary-people-extraordinary-entrepreneurs?utm_source=epirus.beehiiv.com&utm_medium=newsletter&utm_campaign=ordinary-people-extraordinary-founders" target="_blank"><div class="embed__content"><p class="embed__title"> Ordinary People, Extraordinary Entrepreneurs </p><p class="embed__description"> What John Paul DeJoria, Kathryn Minshew, and Richard Montañez have in common is that they are all ordinary people who became extraordinary entrepreneurs. This is their story, and key lessons for founders. </p><p class="embed__link"> www.epirus.vc/blog/ordinary-people-extraordinary-entrepreneurs </p></div><img class="embed__image embed__image--right" src="https://cdn.prod.website-files.com/630533bb38a04b2d7788387f/6852906eafcb229bdfcdd71c_People.jpg"/></a></div><hr class="content_break"></div><div class='beehiiv__footer'><br class='beehiiv__footer__break'><hr class='beehiiv__footer__line'><a target="_blank" class="beehiiv__footer_link" style="text-align: center;" href="https://www.beehiiv.com/?utm_campaign=59c50e07-7a73-454b-a963-1ae4bd6d3186&utm_medium=post_rss&utm_source=epirus_vc">Powered by beehiiv</a></div></div>
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  <title>Starting Over In 2025</title>
  <description>Thinking of starting your own business in 2025? OR, maybe you are picking yourself up after failing at one? Here are a few things that would give you an advantage in 2025. </description>
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  <pubDate>Fri, 13 Jun 2025 08:59:38 +0000</pubDate>
  <atom:published>2025-06-13T08:59:38Z</atom:published>
    <dc:creator>Iniobong Uyah</dc:creator>
    <dc:creator>Alex Christidis</dc:creator>
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    <div class='beehiiv'><style>
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</style><div class='beehiiv__body'><p class="paragraph" style="text-align:left;">Maybe you’re picking yourself up after a tough failure. Or perhaps you’re finally ready to try that business idea that’s been sitting in your notebook for years.</p><p class="paragraph" style="text-align:left;">Wherever you’re starting from, let me walk you through it, clearly, honestly, and in plain English. No hype. Just the real stuff that matters.</p><p class="paragraph" style="text-align:left;">Let’s dive in.</p><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h2 class="heading" style="text-align:left;" id="why-2025-is-a-great-and-tricky-time"><b>Why 2025 Is a Great (and Tricky) Time to Start a Business</b></h2></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/23f79e1e-2b90-4639-b2ce-8ee576e303f0/question-mark.png?t=1749802518"/></div></td></tr></table><p class="paragraph" style="text-align:left;">Starting a business in 2025 feels both exciting and overwhelming. The tools to build are more powerful than ever, but so are the risks. You can launch a business from your phone, but you also face serious competition, rising costs, and global uncertainty.</p><p class="paragraph" style="text-align:left;">The world’s not slowing down—but that’s not necessarily bad news. If you’re smart, prepared, and stay curious, you can still win.</p><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h2 class="heading" style="text-align:left;" id="the-good-the-bad-and-the-ugly-of-st"><b>The Good, The Bad, and The Ugly of Starting Up in 2025</b></h2></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/a448e444-441b-4756-855b-7da9a99f134e/rating.png?t=1749802910"/></div></td></tr></table><h3 class="heading" style="text-align:left;" id="the-good-stuff"><b>The Good Stuff</b></h3><p class="paragraph" style="text-align:left;"><b>You can start faster and cheaper</b> - Thanks to tools like ChatGPT, Canva, Stripe, and Notion, you can launch a product, design a brand, and set up payments in a weekend. No tech team needed.<br><br><b>You don’t need an office </b>- Remote work is normal now. You can hire a designer in Kenya, a developer in Poland, and a marketer in the Philippines—all from your bedroom.<br><br><b>Big support for green and ethical businesses</b> - Governments, nonprofits, and even banks are giving out grants and loans to businesses that help the environment or improve people’s lives.</p><h3 class="heading" style="text-align:left;" id="the-bad-stuff"><b>The Bad Stuff</b></h3><p class="paragraph" style="text-align:left;"><b>It’s crowded out there</b> - Tons of people are starting businesses, especially in trendy areas like AI, skincare, and online courses. It’s harder to stand out unless your offer is crystal clear.<br><br><b>Getting customers is expensive</b> - Facebook ads and Google ads cost more than ever. Organic growth (through social media or SEO) takes time and skill.<br><br><b>People are skeptical</b> - After crypto scams and AI hype, people are cautious. They want real value, not empty promises.</p><h3 class="heading" style="text-align:left;" id="the-ugly-truths"><b>The Ugly Truths</b></h3><p class="paragraph" style="text-align:left;"><b>Mental health struggles are common</b> - Many founders work alone, under pressure, and feel like they can’t talk about their fears. Burnout, anxiety, and depression are real risks.<br><br><b>Rules and laws are getting stricter</b> - New laws in Europe and the U.S. about data, AI, and finance can make things hard, especially if you’re not a lawyer or don’t have one.<br><br><b>One mistake can cost everything</b> - Ignoring taxes, messing up product safety, or using someone else’s content without permission can get you sued or shut down.</p><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h2 class="heading" style="text-align:left;" id="avoiding-the-common-land-mines"><b>Avoiding the Common Land Mines</b></h2></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/659f0c1a-c9f9-4816-aa83-6f0d126dc37d/prohibition.png?t=1749802971"/></div></td></tr></table><p class="paragraph" style="text-align:left;">Every year, thousands of startups blow up before they even get started. Why? Here are the top traps and how to dodge them.</p><h3 class="heading" style="text-align:left;" id="1-building-a-solution-no-one-asked-"><b>1. Building a Solution No One Asked For</b></h3><p class="paragraph" style="text-align:left;">This is the #1 startup killer. Here’s what to do instead:</p><ul><li><p class="paragraph" style="text-align:left;">Talk to potential customers. Ask what they struggle with.</p></li><li><p class="paragraph" style="text-align:left;">Don’t build a full product right away. Start with a simple version (a landing page, a demo, or a quick prototype).</p></li><li><p class="paragraph" style="text-align:left;">Try to sell your idea before you build it. If no one wants to buy it, go back and tweak.</p></li></ul><h3 class="heading" style="text-align:left;" id="2-running-out-of-money-too-soon"><b>2. Running Out of Money Too Soon</b></h3><p class="paragraph" style="text-align:left;">Many founders blow all their money on fancy branding, hiring, or tools before they earn a single dollar. Here’s what to do instead:</p><ul><li><p class="paragraph" style="text-align:left;">Start small. You don’t need a big team or office at the start.</p></li><li><p class="paragraph" style="text-align:left;">Track every expense. Free tools like Wave or Google Sheets can help.</p></li><li><p class="paragraph" style="text-align:left;">Focus on making money early, even if it’s small.</p></li></ul><h3 class="heading" style="text-align:left;" id="3-choosing-the-wrong-co-founder-or-"><b>3. Choosing the Wrong Co-Founder or Investor</b></h3><p class="paragraph" style="text-align:left;">Building a business is like a marriage. If you pick the wrong partner, things can get messy. Here’s what to do instead:</p><ul><li><p class="paragraph" style="text-align:left;">Pick someone who shares your values, not just your skills.</p></li><li><p class="paragraph" style="text-align:left;">Talk openly about money, roles, and goals.</p></li><li><p class="paragraph" style="text-align:left;">If you raise money, make sure your investors support your long-term vision, not just short-term profits.</p></li></ul><h3 class="heading" style="text-align:left;" id="4-growing-too-fast-too-soon"><b>4. Growing Too Fast, Too Soon</b></h3><p class="paragraph" style="text-align:left;">Sometimes success comes quickly. But growing too fast can break your business. Here’s what to do instead:</p><ul><li><p class="paragraph" style="text-align:left;">Nail your product first. Then grow.</p></li><li><p class="paragraph" style="text-align:left;">Keep systems simple and scalable.</p></li><li><p class="paragraph" style="text-align:left;">Don’t hire unless you really need to.</p></li></ul><hr class="content_break"><p class="paragraph" style="text-align:left;">Starting a business in 2025 is not for the faint of heart. But if you’re ready to learn, adapt, and grow, you’ve already won half the battle.</p><h2 class="heading" style="text-align:left;" id="always-remember-that">Always remember that;</h2><ol start="1"><li><p class="paragraph" style="text-align:left;">You don’t need a perfect plan.</p></li><li><p class="paragraph" style="text-align:left;">You don’t need all the answers.</p></li><li><p class="paragraph" style="text-align:left;">You just need to start small, keep learning, and stay open to change.</p></li><li><p class="paragraph" style="text-align:left;">Learn to enjoy the process.</p></li></ol><p class="paragraph" style="text-align:left;">If you want a place where you can learn how to grow your business, receive support, learn about tools that could make the journey easier, or advertise your business, then click the link below to visit our website;</p><div class="embed"><a class="embed__url" href="https://www.epirus.vc/blog-overview?utm_source=epirus.beehiiv.com&utm_medium=newsletter&utm_campaign=starting-over-in-2025" target="_blank"><div class="embed__content"><p class="embed__title"> Business & Startup Blog: Latest Posts and Articles | Epirus.vc </p><p class="embed__description"> Find all our latest business and startup articles in one place. From trends to strategies, our blog covers everything entrepreneurs need to succeed. </p><p class="embed__link"> www.epirus.vc/blog-overview </p></div><img class="embed__image embed__image--right" src=""/></a></div><hr class="content_break"><p class="paragraph" style="text-align:left;"><b>Kind regards,</b></p><p class="paragraph" style="text-align:left;"><b>Alex</b></p></div><div class='beehiiv__footer'><br class='beehiiv__footer__break'><hr class='beehiiv__footer__line'><a target="_blank" class="beehiiv__footer_link" style="text-align: center;" href="https://www.beehiiv.com/?utm_campaign=2b9f03e3-771f-4021-bf03-17a7630189cb&utm_medium=post_rss&utm_source=epirus_vc">Powered by beehiiv</a></div></div>
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  <title>Scarcity by Design</title>
  <description>De Beers’ diamond dominance shows us that value is a construct, and one thing founders and entrepreneurs can learn from them is the power of perception in marketing and how to create one. Read the full story here....</description>
      <enclosure url="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/adec8d32-1be1-4207-ac9e-12c78ceb50ad/erik-mclean-Wdr2PyOjmgQ-unsplash.jpg" length="216582" type="image/jpeg"/>
  <link>https://epirus.beehiiv.com/p/scarcity-by-design</link>
  <guid isPermaLink="true">https://epirus.beehiiv.com/p/scarcity-by-design</guid>
  <pubDate>Mon, 09 Jun 2025 09:16:14 +0000</pubDate>
  <atom:published>2025-06-09T09:16:14Z</atom:published>
    <dc:creator>Iniobong Uyah</dc:creator>
    <dc:creator>Alex Christidis</dc:creator>
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</style><div class='beehiiv__body'><p class="paragraph" style="text-align:left;">What if I told you that Diamonds, those glittering stones hailed as rare treasures, are not rare at all. In fact, they’re one of the most common gemstones on Earth. Yet, for over a century, they’ve been portrayed as rare gems and sold as symbols of eternal love and exclusive wealth. </p><p class="paragraph" style="text-align:left;">This grand illusion wasn’t accidental, it was the result of one of the most successful marketing campaigns in history, orchestrated by a company known as <b>De Beers Corporation</b>.</p><p class="paragraph" style="text-align:left;">This is not just a story about diamonds. It’s about the power of perception in marketing, and for founders and entrepreneurs, it’s a masterclass in brand building, scarcity marketing, and strategic monopoly.</p><hr class="content_break"><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h2 class="heading" style="text-align:left;" id="the-truth-behind-the-shine-diamonds"><b>The Truth Behind the Shine: Diamonds Are Plentiful</b></h2></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/cbd1b818-5edd-4826-9016-85afe8f45003/diamond.png?t=1749457498"/></div></td></tr></table><p class="paragraph" style="text-align:left;">Contrary to popular belief, diamonds are not geologically rare. The supply of diamonds is vast, mined in countries from Russia to Australia, Canada to Botswana. What keeps prices high isn’t scarcity but the illusion of scarcity, carefully crafted and maintained by De Beers for nearly a century.</p><p class="paragraph" style="text-align:left;">Before the 1870s, diamonds were indeed relatively scarce. But then, large deposits were discovered in South Africa. This sudden influx could have tanked the market. Instead, De Beers, founded in 1888 by Cecil Rhodes and later steered by the Oppenheimer family, took control of nearly every major diamond mine and distributor. At its peak, De Beers controlled more than 90% of the global diamond supply.</p><p class="paragraph" style="text-align:left;">Now they had a monopoly on the supply of diamonds, the next thing they did was engineer scarcity. But that wasn’t all. Here is a breakdown of how the company managed to transform Diamonds into a symbol of love and wealth. </p><hr class="content_break"><h3 class="heading" style="text-align:left;" id="1-they-created-artificial-scarcity"><b>1. They created artificial scarcity</b></h3><p class="paragraph" style="text-align:left;">By controlling the mines and distribution channels, De Beers could stockpile diamonds and release them slowly to manipulate supply and keep prices high. It created artificial scarcity, a classic case of supply-side economics tailored to marketing.</p><h3 class="heading" style="text-align:left;" id="2-advertising-genius-a-diamond-is-f"><b>2. Advertising Genius: “A Diamond is Forever”</b></h3><p class="paragraph" style="text-align:left;">In 1947, De Beers launched what would become one of the most iconic slogans in advertising history. Crafted by copywriter Frances Gerety, the phrase “A Diamond is Forever” tied the stone to love, commitment, and eternity.</p><p class="paragraph" style="text-align:left;">This wasn’t just a slogan; it was psychological warfare. The campaign redefined engagement and marriage. Before the 1930s, diamond engagement rings weren’t the norm. Within decades, they became non-negotiable. By the 1980s, more than 80% of American engagements featured diamond rings.</p><h3 class="heading" style="text-align:left;" id="3-cultural-engineering"><b>3. Cultural Engineering</b></h3><p class="paragraph" style="text-align:left;">De Beers didn’t stop at ads. They infiltrated Hollywood, giving diamonds to actresses, scripting love scenes with rings, and sponsoring magazines and influencers of the time. They embedded diamonds into the fabric of Western romance and aspiration.</p><h3 class="heading" style="text-align:left;" id="4-discouraging-resale"><b>4. Discouraging Resale</b></h3><p class="paragraph" style="text-align:left;">To prevent secondary market competition, De Beers actively discouraged diamond resale. The idea was reinforced that diamonds, while valuable, have no resale value, not because they don’t, but to prevent a flood of used diamonds hurting the illusion of scarcity.</p><hr class="content_break"><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h2 class="heading" style="text-align:left;" id="is-artificial-scarcity-illegal-tech"><b>Is artificial scarcity illegal? Technically, Yes.</b></h2></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/2e78e7c7-b915-4b3e-9436-867d570af902/auction.png?t=1749457660"/></div></td></tr></table><p class="paragraph" style="text-align:left;">The De Beers model raises a vital question: Is it legal to manufacture scarcity?</p><p class="paragraph" style="text-align:left;">The answer is yes, with caveats. While modern antitrust laws have since challenged De Beers’ monopoly (leading to settlements and a reduction in market control), the broader tactic of creating perceived value through marketing, controlling supply, and shaping consumer psychology is legal and widely used.</p><p class="paragraph" style="text-align:left;">It becomes illegal when companies engage in price-fixing, deceptive advertising, or monopolistic practices that violate antitrust laws. De Beers skirted many of these issues by operating internationally and avoiding U.S. jurisdiction until the early 2000s.</p><hr class="content_break"><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h2 class="heading" style="text-align:left;" id="what-founders-and-entrepreneurs-can"><b>What Founders and Entrepreneurs Can Learn</b></h2></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/4d7b6278-9783-4930-ab81-fec6ef57eae9/ideas.png?t=1749457785"/></div></td></tr></table><p class="paragraph" style="text-align:left;">This isn’t just a history lesson. De Beers offers a blueprint for brand power that modern startups can ethically and legally replicate in other ways.</p><h3 class="heading" style="text-align:left;" id="1-perception-is-value"><b>1. Perception is Value</b></h3><p class="paragraph" style="text-align:left;"><span style="color:rgb(17, 17, 17);">“Products are made in factories, but brands are created in the mind.” — Walter Landor</span></p><p class="paragraph" style="text-align:left;">De Beers turned a common stone into a luxury item. Ask yourself: What story can your brand tell? How can you elevate your offering through perception?</p><p class="paragraph" style="text-align:left;">✅ <b>Actionable Tip:</b> Craft a unique brand narrative that aligns with deep emotional values like love, legacy, and achievement. Don’t just sell a product; sell a story.</p><h3 class="heading" style="text-align:left;" id="2-scarcity-still-sells"><b>2. Scarcity Still Sells</b></h3><p class="paragraph" style="text-align:left;">Even in a saturated market, perceived scarcity drives demand. Limited editions, exclusive launches, or membership models trigger FOMO (Fear of Missing Out), which drives urgency and conversions.</p><p class="paragraph" style="text-align:left;">✅ <b>Actionable Tip:</b> Use limited-time offers, early-access programs, or batch-based inventory releases to make your product feel exclusive, without being deceptive.</p><h3 class="heading" style="text-align:left;" id="3-build-cultural-relevance"><b>3. Build Cultural Relevance</b></h3><p class="paragraph" style="text-align:left;">De Beers inserted diamonds into movies and wedding culture. In the modern age, cultural relevance means integrating with influencers, memes, and moments.</p><p class="paragraph" style="text-align:left;">✅ <b>Actionable Tip:</b> Partner with influencers not just for reach, but for meaningful storytelling. Embed your product in trends and lifestyle narratives.</p><h3 class="heading" style="text-align:left;" id="4-control-your-distribution"><b>4. Control Your Distribution</b></h3><p class="paragraph" style="text-align:left;">You don’t need to own a monopoly to create a premium experience. Control your product presentation, distribution channels, and customer journey as tightly as possible.</p><p class="paragraph" style="text-align:left;">✅ <b>Actionable Tip:</b> Avoid spreading your product across too many low-end platforms. Focus on environments where your brand can be seen as aspirational.</p><h3 class="heading" style="text-align:left;" id="5-protect-your-position"><b>5. Protect Your Position</b></h3><p class="paragraph" style="text-align:left;">De Beers made sure competitors couldn’t erode their positioning by discouraging resale and keeping tight brand control. While unethical tactics like market blocking are illegal, protecting your brand’s equity isn’t.</p><p class="paragraph" style="text-align:left;">✅ <b>Actionable Tip:</b> Maintain high standards for representation, pricing, and distribution. Don’t dilute your brand trying to be everywhere.</p><hr class="content_break"><h2 class="heading" style="text-align:left;" id="final-thoughts-crafting-perceived-v"><b>Final Thoughts: Crafting Perceived Value Without Deception</b></h2><p class="paragraph" style="text-align:left;">De Beers’ diamond dominance shows us that value is a construct. If you can own the narrative, you can own the market. But modern consumers are savvier. Transparency and trust now matter as much as perception and scarcity.</p><p class="paragraph" style="text-align:left;">The lesson for today’s founders isn’t to deceive or monopolize—it’s to strategically shape desire. Use marketing, storytelling, and brand design to turn your product from a commodity into a cultural cornerstone.</p><hr class="content_break"></div><div class='beehiiv__footer'><br class='beehiiv__footer__break'><hr class='beehiiv__footer__line'><a target="_blank" class="beehiiv__footer_link" style="text-align: center;" href="https://www.beehiiv.com/?utm_campaign=34d5fdac-2038-4c89-b1b1-b49393514ca4&utm_medium=post_rss&utm_source=epirus_vc">Powered by beehiiv</a></div></div>
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  <title>The $100 billion IPO nobody thought was possible</title>
  <description>Discover how Airbnb CEO Brian Chesky led the company through a $250M monthly burn rate during the pandemic and came out with a $100B IPO—lessons in leadership and crisis management for founders.</description>
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  <link>https://epirus.beehiiv.com/p/the-100-billion-ipo-nobody-thought-was-possible</link>
  <guid isPermaLink="true">https://epirus.beehiiv.com/p/the-100-billion-ipo-nobody-thought-was-possible</guid>
  <pubDate>Mon, 26 May 2025 14:25:02 +0000</pubDate>
  <atom:published>2025-05-26T14:25:02Z</atom:published>
    <dc:creator>Iniobong Uyah</dc:creator>
    <dc:creator>Alex Christidis</dc:creator>
    <category><![CDATA[Leadership]]></category>
    <category><![CDATA[Startup]]></category>
    <category><![CDATA[Crisis Management]]></category>
  <content:encoded><![CDATA[
    <div class='beehiiv'><style>
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</style><div class='beehiiv__body'><p class="paragraph" style="text-align:left;">In early 2020, the travel industry came to a screeching halt. Flights were grounded, cities went into lockdown, and tourism disappeared almost overnight. This was nothing short of catastrophic for Airbnb, a company built entirely around people staying in other people’s homes.</p><p class="paragraph" style="text-align:left;">The company’s revenue plummeted by over 80% in just eight weeks, and Airbnb found itself hemorrhaging around $250 million per month. Yet, remarkably, less than a year later, Airbnb launched one of the most successful tech IPOs of the decade, closing its first trading day with a market cap of over $100 billion.</p><div class="blockquote"><blockquote class="blockquote__quote"></blockquote></div><p class="paragraph" style="text-align:left;">Brian Chesky was the captain of this sinking ship, and in a few months, he was able to steer the company away from bankruptcy to a market valuation of 100 billion dollars. </p><p class="paragraph" style="text-align:left;">His approach is a masterclass on crisis management. Here is how he achieved this remarkable feat in five (5) simple steps;</p><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h2 class="heading" style="text-align:left;" id="step-one-radical-focus"><b>Step One: Radical Focus</b></h2></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/755ec20c-2dcf-48d6-bca8-b12b84977d4f/focus.png?t=1748268039"/></div></td></tr></table><p class="paragraph" style="text-align:left;">The first thing Chesky did was refocus the company on its core mission.</p><p class="paragraph" style="text-align:left;">Over the years, Airbnb had expanded into multiple business lines: Airbnb Luxe, business travel, and even airline partnerships. But in crisis, clarity matters more than creativity.</p><p class="paragraph" style="text-align:left;"><span style="color:rgb(17, 17, 17);"><i><b>“We realized that we had gotten away from the roots of the company,”</b></i></span><span style="color:rgb(17, 17, 17);"> Chesky said in an interview with Stanford Graduate School of Business. </span><span style="color:rgb(17, 17, 17);"><i><b>“So we made the decision to get back to basics.”</b></i></span></p><p class="paragraph" style="text-align:left;">Projects that were not directly related to Airbnb’s core home-sharing model were either paused or cut entirely. This freed up resources and helped the company concentrate on what mattered most: supporting hosts and guests.</p><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h2 class="heading" style="text-align:left;" id="step-two-compassionate-layoffs"><b>Step Two: Compassionate Layoffs</b></h2></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/86adacd8-b15f-48d9-a04c-89711b3a6725/compassion.png?t=1748268132"/></div></td></tr></table><p class="paragraph" style="text-align:left;">One of the most defining moments of Airbnb’s crisis response came in May 2020, when the company laid off 1,900 employees, about 25% of its workforce.</p><p class="paragraph" style="text-align:left;">Layoffs are always difficult, but Chesky’s approach was widely praised for its transparency and empathy. He wrote an open letter explaining the rationale, the criteria used to make decisions, and the steps being taken to help those affected.</p><p class="paragraph" style="text-align:left;">Laid-off employees were offered 14 weeks of severance, extended healthcare, and job placement assistance. The company even built a public-facing directory of employees who had been let go to help them find new work.</p><p class="paragraph" style="text-align:left;"><span style="color:rgb(17, 17, 17);"><i><b>“A company is ultimately a collection of people,”</b></i></span><span style="color:rgb(17, 17, 17);"> Chesky said. </span><span style="color:rgb(17, 17, 17);"><i><b>“How we treat people during this time will define us.”</b></i></span></p><p class="paragraph" style="text-align:left;">For founders, the lesson is clear: Even in crisis, humanity matters. The way you lead during the hard times shapes your brand, your culture, and your legacy.</p><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h2 class="heading" style="text-align:left;" id="step-three-supporting-hosts"><b>Step Three: Supporting Hosts</b></h2></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/b946c439-31ed-4861-a356-c50fa346f9a1/customer-support.png?t=1748268337"/></div></td></tr></table><p class="paragraph" style="text-align:left;">Another crucial part of Airbnb’s turnaround was how it treated its hosts. After canceling millions of bookings, hosts were understandably upset, many had lost significant income.</p><p class="paragraph" style="text-align:left;">Rather than ignoring the issue, Airbnb took responsibility. The company created a $250 million fund to help cover canceled bookings and a separate $10 million Superhost Relief Fund to support top-performing hosts in financial distress.</p><p class="paragraph" style="text-align:left;">This move wasn’t just about goodwill, it was about survival. Airbnb’s hosts are the backbone of its business model. By supporting them during a crisis, Airbnb ensured loyalty and maintained its network for the eventual rebound.</p><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h2 class="heading" style="text-align:left;" id="step-four-reimagining-the-product"><b>Step Four: Reimagining the Product</b></h2></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/c8997c9b-1aa8-4fc7-9952-d8f64b7f05ed/package.png?t=1748268438"/></div></td></tr></table><p class="paragraph" style="text-align:left;">While international travel was still off the table, Chesky noticed something interesting: people were booking local stays, within driving distance of their homes. Airbnb leaned into this trend.</p><p class="paragraph" style="text-align:left;">The company quickly adapted its product offerings to reflect the new reality:</p><ul><li><p class="paragraph" style="text-align:left;">Enhanced safety protocols for COVID cleaning.</p></li><li><p class="paragraph" style="text-align:left;">Flexible booking policies for guests uncertain about future plans.</p></li><li><p class="paragraph" style="text-align:left;">New marketing campaigns focused on local travel and long-term stays.</p></li></ul><p class="paragraph" style="text-align:left;">Chesky even talked about how remote work would reshape travel in the long run. With people no longer tied to offices, Airbnb began positioning itself as a platform not just for vacations, but for working from anywhere.</p><p class="paragraph" style="text-align:left;">This adaptability, listening to user behavior, and evolving quickly is something every founder should bake into their crisis playbook.</p><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h2 class="heading" style="text-align:left;" id="step-five-mental-fortitude-and-foun"><b>Step Five: Mental Fortitude and Founder Psychology</b></h2></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/0e2caeff-baf5-4877-a23c-25b93073323d/brain.png?t=1748268828"/></div></td></tr></table><p class="paragraph" style="text-align:left;">Perhaps one of the most underappreciated leadership qualities Chesky displayed during the crisis was psychological resilience.</p><p class="paragraph" style="text-align:left;"><span style="color:rgb(17, 17, 17);"><i><b>“The hardest part of being a CEO is managing your own psychology,”</b></i></span><span style="color:rgb(17, 17, 17);"> Chesky said. </span><span style="color:rgb(17, 17, 17);"><i><b>“If you lose your cool, everyone around you feels it.”</b></i></span></p><p class="paragraph" style="text-align:left;">In times of crisis, employees look to leaders for emotional signals. Chesky’s ability to remain calm, vulnerable, and hopeful gave his team the stability and clarity they needed to keep going.</p><p class="paragraph" style="text-align:left;">He also leaned on mentors like Warren Buffett and Barack Obama, seeking advice on decision-making, communication, and purpose.</p><p class="paragraph" style="text-align:left;">This willingness to learn and seek outside perspectives, especially during chaos, is a vital trait for any founder.</p><hr class="content_break"><h2 class="heading" style="text-align:left;" id="read-the-full-article"><b>Read the full article.</b></h2><div class="embed"><a class="embed__url" href="https://www.epirus.vc/blog/navigating-crisis-how-brian-chesky-led-airbnb-from-a-250m-burn-rate-to-a-100b-ipo?utm_source=epirus.beehiiv.com&utm_medium=newsletter&utm_campaign=the-100-billion-ipo-nobody-thought-was-possible" target="_blank"><div class="embed__content"><p class="embed__title"> Navigating Crisis: How Brian Chesky Led Airbnb from a $250M Burn Rate to a $100B IPO </p><p class="embed__description"> Discover how Airbnb CEO Brian Chesky led the company through a $250M monthly burn rate during the pandemic and came out with a $100B IPO — lessons in leadership and crisis management for founders </p><p class="embed__link"> www.epirus.vc/blog/navigating-crisis-how-brian-chesky-led-airbnb-from-a-250m-burn-rate-to-a-100b-ipo </p></div><img class="embed__image embed__image--right" src="https://cdn.prod.website-files.com/630533bb38a04b2d7788387f/683432c60e5b8a05ceb03ed0_Brian_Chesky_Airbnb.jpg"/></a></div></div><div class='beehiiv__footer'><br class='beehiiv__footer__break'><hr class='beehiiv__footer__line'><a target="_blank" class="beehiiv__footer_link" style="text-align: center;" href="https://www.beehiiv.com/?utm_campaign=c5aec62a-922f-49ff-b2aa-d13ca7a93c93&utm_medium=post_rss&utm_source=epirus_vc">Powered by beehiiv</a></div></div>
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  <title>McDonald&#39;s - It was a prank !!!</title>
  <description>McDonald&#39;s pranked the Italians, and the result proved that customers aren&#39;t always right. Here&#39;s the full story....</description>
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  <link>https://epirus.beehiiv.com/p/mcdonald-s-it-was-a-prank</link>
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  <pubDate>Tue, 20 May 2025 15:22:27 +0000</pubDate>
  <atom:published>2025-05-20T15:22:27Z</atom:published>
    <dc:creator>Iniobong Uyah</dc:creator>
    <dc:creator>Alex Christidis</dc:creator>
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</style><div class='beehiiv__body'><h2 class="heading" style="text-align:left;" id="in-april-2015-mc-donalds-pulled-off">In April 2015, McDonald’s pulled off a marketing stunt that became the talk of Italy — and the marketing world. It was bold. cheeky and revealing. In a country known for its culinary heritage and disdain for fast food, McDonald’s was often seen as the antithesis of good food. Italians didn’t just dislike the burgers — they looked down on them.</h2><p class="paragraph" style="text-align:left;">So McDonald’s set out to test a theory: What if the bias wasn’t about the product, but about the brand? To do that, they disguised themselves. For three days, they set up a gourmet burger pop-up called “Single Burger” in the heart of Milan. Everything about the pop-up was designed to look like a trendy, independent burger joint — modern design, minimalist branding, carefully selected fonts, and boutique packaging.</p><p class="paragraph" style="text-align:left;"><b>People came. They saw. They tasted. And… They loved it</b>.</p><p class="paragraph" style="text-align:left;">Customers raved about the quality of the meat, the freshness of the ingredients, and the overall experience. Italian food bloggers praised the creativity and flavor. Social media lit up with positive reviews, “Finally! A burger place that gets it right.”</p><p class="paragraph" style="text-align:left;"><b>Then, McDonald’s dropped the curtain.</b></p><p class="paragraph" style="text-align:left;">All along, Single Burger had been serving the Signature Collection — McDonald’s very own premium burger line. The same burger that many of these customers had rejected when it came in red and yellow wrappers had just been praised under new packaging.</p><p class="paragraph" style="text-align:left;"><b>It was a marketing masterstroke. But more than that, it was a psychological case study in consumer behavior.</b></p><h2 class="heading" style="text-align:left;" id="heres-why-this-social-experiment-is">Here’s why this social experiment is important</h2><p class="paragraph" style="text-align:left;">The prank revealed something uncomfortable for many marketers and business owners: <b>customers are not as objective as we think</b>. They don’t always judge a product based on taste, value, or performance. Instead, they judge based on perception, and often, that perception is heavily biased.</p><p class="paragraph" style="text-align:left;"><i><b>If a brand is seen as “cheap,” “mass-market,” or “unfashionable,” people will assume the worst. On the other hand, if it appears exclusive, new, or well-designed, customers are more open-minded, even when the product is the same.</b></i></p><p class="paragraph" style="text-align:left;">This is the reality of doing business today. And for founders, creators, and marketers, it offers a crucial lesson:</p><p class="paragraph" style="text-align:left;"><span style="color:rgb(17, 17, 17);"><b>You’re not just selling a product. You’re selling a perception.</b></span></p><h2 class="heading" style="text-align:left;" id="heres-what-to-do-if-your-business-b">Here’s what to do if your business becomes a victim of customer bias</h2><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h3 class="heading" style="text-align:left;" id="1-rebrand-and-reposition-you-dont-h">1. Rebrand and Reposition - You don’t have to change the Product</h3></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/abcc70e8-132f-44b5-9ad3-2878bfa953f7/rebranding.png?t=1747752768"/></div></td></tr></table><p class="paragraph" style="text-align:left;">If perception is the issue, repositioning can be the solution. That doesn’t mean changing your entire business — sometimes, just the look and story need updating.</p><p class="paragraph" style="text-align:left;"><b>Example:</b></p><p class="paragraph" style="text-align:left;">When Dunkin’ Donuts rebranded to simply Dunkin’, it shifted focus from being just a donut shop to a broader coffee and beverage brand, attracting a younger, more health-conscious demographic.</p><p class="paragraph" style="text-align:left;"><b>Tips:</b></p><ul><li><p class="paragraph" style="text-align:left;">Refresh your visual identity: new logo, color scheme, and typography.</p></li><li><p class="paragraph" style="text-align:left;">Create a sub-brand for premium or new offerings.</p></li><li><p class="paragraph" style="text-align:left;">Use language that resonates more with your target audience.</p></li></ul><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h3 class="heading" style="text-align:left;" id="2-tell-a-different-story">2. Tell a Different Story</h3></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/88fe6828-b1db-4c8a-9d79-a09f1f4e3c6c/Story.png?t=1747752822"/></div></td></tr></table><p class="paragraph" style="text-align:left;">Stories influence perception. If people have the wrong idea about your product, share stories that challenge those assumptions through your website, social media, or product labels.</p><p class="paragraph" style="text-align:left;"><b>Example:</b></p><p class="paragraph" style="text-align:left;">TOMS Shoes wasn’t just selling canvas shoes. They told a story of impact: “Buy one, give one.” This narrative made people feel part of something bigger, and silenced skeptics who saw it as just another startup.</p><p class="paragraph" style="text-align:left;"><b>Tips:</b></p><ul><li><p class="paragraph" style="text-align:left;">Highlight your mission, journey, or challenges you’ve overcome.</p></li><li><p class="paragraph" style="text-align:left;">Share customer transformation stories.</p></li><li><p class="paragraph" style="text-align:left;">Use storytelling in ads, not just product specs.</p></li></ul><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h3 class="heading" style="text-align:left;" id="3-use-influencers-and-advocates-str">3. Use Influencers and Advocates Strategically</h3></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/75767276-3635-47bc-808e-bba83735a803/influencer.png?t=1747752860"/></div></td></tr></table><p class="paragraph" style="text-align:left;">Influencers help reduce skepticism. Their endorsement acts as social proof, especially if they’re trusted by your ideal audience.</p><p class="paragraph" style="text-align:left;"><b>Example:</b></p><p class="paragraph" style="text-align:left;">Gymshark, a UK fitness brand, used fitness YouTubers and Instagram athletes to gain a global following. The brand looked authentic because real users were advocating for it, not just polished commercials.</p><p class="paragraph" style="text-align:left;"><b>Tips:</b></p><ul><li><p class="paragraph" style="text-align:left;">Partner with micro-influencers who align with your brand values.</p></li><li><p class="paragraph" style="text-align:left;">Encourage user-generated content and reward it.</p></li><li><p class="paragraph" style="text-align:left;">Build ambassador programs with real customers.</p></li></ul><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h3 class="heading" style="text-align:left;" id="4-run-blind-tests-or-anonymous-expe">4. Run Blind Tests or Anonymous Experiences</h3></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/e776e6b4-118d-4900-932b-0ff8646efde9/blind_test.png?t=1747752894"/></div></td></tr></table><p class="paragraph" style="text-align:left;">Let your product speak for itself without the distraction of your branding. Just like McDonald’s did, removing your brand name from the equation can result in more honest feedback.</p><p class="paragraph" style="text-align:left;"><b>Example:</b></p><p class="paragraph" style="text-align:left;">Pepsi’s “Pepsi Challenge” showed that, in blind taste tests, people often preferred Pepsi to Coca-Cola. It challenged decades of brand loyalty and forced people to rethink what they “liked.”</p><p class="paragraph" style="text-align:left;"><b>Tips:</b></p><ul><li><p class="paragraph" style="text-align:left;">Organize taste tests, trials, or demos without showing your brand.</p></li><li><p class="paragraph" style="text-align:left;">Offer samples with no logo and ask for unbiased feedback.</p></li><li><p class="paragraph" style="text-align:left;">Try pop-up stores or online experiments under a neutral brand.</p></li></ul><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h3 class="heading" style="text-align:left;" id="5-humanize-your-brand-through-trans"><b>5. Humanize Your Brand Through Transparency</b></h3></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/f899f7c7-605c-4fa6-b8cc-dee718f3a1c9/transparency.png?t=1747752948"/></div></td></tr></table><p class="paragraph" style="text-align:left;">People don’t just buy from brands. They buy from stories, values, and people. Bias fades when customers feel like they know you.</p><p class="paragraph" style="text-align:left;"><b>Example:</b></p><p class="paragraph" style="text-align:left;">Fenty Beauty didn’t just sell makeup — it built a community. By showcasing real people of all skin tones, genders, and backgrounds, it created emotional resonance and eliminated the “beauty bias” found in traditional cosmetics.</p><p class="paragraph" style="text-align:left;"><b>Tips:</b></p><ul><li><p class="paragraph" style="text-align:left;">Share behind-the-scenes content of your team, process, or struggles.</p></li><li><p class="paragraph" style="text-align:left;">Go live on social media to connect with followers.</p></li><li><p class="paragraph" style="text-align:left;">Showcase testimonials from a diverse range of customers.</p></li></ul><hr class="content_break"></div><div class='beehiiv__footer'><br class='beehiiv__footer__break'><hr class='beehiiv__footer__line'><a target="_blank" class="beehiiv__footer_link" style="text-align: center;" href="https://www.beehiiv.com/?utm_campaign=100c16eb-54a8-4e30-9df9-d0df25cf2052&utm_medium=post_rss&utm_source=epirus_vc">Powered by beehiiv</a></div></div>
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  <title>Fix Your Sales !!!</title>
  <description>Steve Jobs understood one fact: it wasn&#39;t all about the product. Today, his sales pitch is still being studied in schools around the world. Here&#39;s how he did it. </description>
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  <link>https://epirus.beehiiv.com/p/fix-your-sales</link>
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  <pubDate>Fri, 16 May 2025 16:30:29 +0000</pubDate>
  <atom:published>2025-05-16T16:30:29Z</atom:published>
    <dc:creator>Alex Christidis</dc:creator>
    <dc:creator>Iniobong Uyah</dc:creator>
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</style><div class='beehiiv__body'><p class="paragraph" style="text-align:left;"><b>“Today, Apple is going to reinvent the phone.”</b></p><p class="paragraph" style="text-align:left;">That was a bold statement from a new player in the mobile phone industry. Back then, Apple was not what it is today, but that didn’t matter to Steve Jobs.</p><p class="paragraph" style="text-align:left;">When Jobs stepped onto the stage at Macworld in San Francisco on January 9, 2007, he changed the world—not just with a product, but with a performance that became the gold standard for sales pitches. </p><p class="paragraph" style="text-align:left;">He wasn’t introducing just a phone; he was telling a story. And not just any story—a story that made people care, believe, and buy into a vision.</p><p class="paragraph" style="text-align:left;">Now, that’s how you make a sale….</p><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h2 class="heading" style="text-align:left;" id="lets-break-it-down"><b>Let’s break it down</b></h2></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/72165949-60da-41b8-a4f0-71d3c024262c/Break_down.png?t=1747411719"/></div></td></tr></table><p class="paragraph" style="text-align:left;">Steve Jobs understood something most founders, marketers, and salespeople overlook: People don’t buy products. They buy stories.</p><p class="paragraph" style="text-align:left;">The iPhone pitch succeeded because it followed the structure of classic storytelling:</p><ul><li><p class="paragraph" style="text-align:left;"><b>A Relatable Problem:</b> Smartphones were confusing and hard to use.</p></li><li><p class="paragraph" style="text-align:left;"><b>A Hero Emerges:</b> The iPhone was sleek, intuitive, and groundbreaking.</p></li><li><p class="paragraph" style="text-align:left;"><b>An Innovative Solution:</b> Apple wasn’t just selling a phone—it was reimagining how humans connect, communicate, and create.</p></li></ul><p class="paragraph" style="text-align:left;">Jobs didn’t overload his audience with technical jargon. Instead, he made the pitch personal. Emotional. Visual. Human. He appealed to the imagination. He built suspense by gradually revealing the product. And he kept the audience engaged with contrast and clarity.</p><p class="paragraph" style="text-align:left;"><b>…and that is how you make a pitch. Hold on, there’s more</b></p><div class="blockquote"><blockquote class="blockquote__quote"></blockquote></div><p class="paragraph" style="text-align:left;"><b>A strong business story typically includes:</b></p><p class="paragraph" style="text-align:left;">#1. The protagonist (usually your customer).</p><p class="paragraph" style="text-align:left;">#2. The challenge they face (the pain point or problem).</p><p class="paragraph" style="text-align:left;">#3. The journey they go on with your help.</p><p class="paragraph" style="text-align:left;">#4. The transformation they experience as a result.</p><h2 class="heading" style="text-align:left;" id="heres-how-to-hack-your-pitch-and-sa"><b>Here’s how to hack your pitch and sale like crazy…</b></h2><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h3 class="heading" style="text-align:left;" id="1-start-with-why-not-what"><b>1. Start With “Why” — Not “What”</b></h3></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/d45020fa-d413-44cf-9b43-d00224fe5d7b/questions.png?t=1747411886"/></div></td></tr></table><p class="paragraph" style="text-align:left;">Don’t lead with your product’s features. Start with the reason your company exists. Why do you do what you do? What change are you trying to create?</p><p class="paragraph" style="text-align:left;">Jobs didn’t say, “This is a phone with a 3.5-inch touchscreen and 4GB storage.” He said, “We’re reinventing the phone.”</p><p class="paragraph" style="text-align:left;"><b>Tip:</b> Craft a one-liner that captures your mission in a way your audience can rally behind.</p><p class="paragraph" style="text-align:left;"><b>Example:</b> “We believe no small business should be overwhelmed by accounting. That’s why we built…”</p><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h3 class="heading" style="text-align:left;" id="2-make-the-customer-the-hero"><b>2. Make the Customer the Hero</b></h3></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/f378def5-f6c3-45dc-a386-9f7a3f384808/service.png?t=1747412001"/></div></td></tr></table><p class="paragraph" style="text-align:left;">Your brand is not the hero — your customer is. Your role is the guide. Just like Yoda to Luke Skywalker, your product or service should help the customer succeed.</p><p class="paragraph" style="text-align:left;">Instead of: “Our platform does X, Y, and Z.”</p><p class="paragraph" style="text-align:left;">Say: “Here’s how a founder like you cut customer churn by 40% in 30 days with our tool.”</p><p class="paragraph" style="text-align:left;"><b>Tip:</b> Use testimonials and case studies as mini-stories that highlight transformation.</p><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h3 class="heading" style="text-align:left;" id="3-create-contrast-pain-vs-possibili"><b>3. Create Contrast: Pain vs. Possibility</b></h3></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/3b2806c1-f3eb-4991-a91a-bc2dea9ab858/rating.png?t=1747412426"/></div></td></tr></table><p class="paragraph" style="text-align:left;">Drama lives in contrast. Show the before and after. Make the stakes clear. People act when they understand what’s at risk and what’s possible.</p><p class="paragraph" style="text-align:left;"><b>Example:</b> “Most teams waste 8 hours a week in meetings. We help you reclaim that time.”</p><p class="paragraph" style="text-align:left;"><b>Tip:</b> Use vivid comparisons, metaphors, or real-life stats to highlight the pain point.</p><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h3 class="heading" style="text-align:left;" id="4-trigger-emotion-not-just-logic"><b>4. Trigger Emotion, Not Just Logic</b></h3></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/a8c38593-3713-4bd7-bac1-ea595e5209e4/chat.png?t=1747412347"/></div></td></tr></table><p class="paragraph" style="text-align:left;">People make decisions emotionally and justify them logically. Use storytelling to tap into emotions like fear, hope, belonging, or pride.</p><p class="paragraph" style="text-align:left;"><b>Tip:</b> Add a personal anecdote, customer success journey, or moment of vulnerability.</p><p class="paragraph" style="text-align:left;"><b>Example:</b> “We built this platform because I once lost a major client due to a bad onboarding experience. I never wanted another founder to go through that.”</p><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h3 class="heading" style="text-align:left;" id="5-end-with-a-vision-not-just-a-cta"><b>5. End With a Vision, Not Just a CTA</b></h3></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/287dd8e7-a62d-41d8-b5fe-d4178ef44211/binoculars.png?t=1747412486"/></div></td></tr></table><p class="paragraph" style="text-align:left;">Close your pitch with a clear picture of success. Help your audience imagine the future they can achieve with your product.</p><p class="paragraph" style="text-align:left;">Instead of: “Sign up for a free trial.”</p><p class="paragraph" style="text-align:left;">Say: “Imagine a week from now — your team onboarded, your processes automated, and your evenings free again.”</p><p class="paragraph" style="text-align:left;"><b>Tip:</b> People don’t buy what you do; they buy what it will do for them.</p><hr class="content_break"><p class="paragraph" style="text-align:left;">Let’s know if you found these strategies helpful. If you like to read more about topics like this, visit our website, linked below ⬇️ </p><div class="embed"><a class="embed__url" href="https://www.epirus.vc/blog?utm_source=epirus.beehiiv.com&utm_medium=newsletter&utm_campaign=fix-your-sales" target="_blank"><div class="embed__content"><p class="embed__title"> Startup & Business Blog | Trends, Tips & Growth Strategies | Epirus.vc </p><p class="embed__description"> Explore actionable business tips, trends, and startup strategies to grow your business. Stay informed on entrepreneurship and the latest industry developments.&quot; </p><p class="embed__link"> www.epirus.vc/blog </p></div><img class="embed__image embed__image--right" src=""/></a></div><hr class="content_break"></div><div class='beehiiv__footer'><br class='beehiiv__footer__break'><hr class='beehiiv__footer__line'><a target="_blank" class="beehiiv__footer_link" style="text-align: center;" href="https://www.beehiiv.com/?utm_campaign=6724c305-2b1a-46d4-8409-ed25ef43bf45&utm_medium=post_rss&utm_source=epirus_vc">Powered by beehiiv</a></div></div>
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  <title>Power Moves To Scale Fast </title>
  <description>Grow fast and scale your business like a pro with these 4 power moves.</description>
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  <link>https://epirus.beehiiv.com/p/power-moves-to-scale-fast</link>
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  <pubDate>Tue, 13 May 2025 08:10:31 +0000</pubDate>
  <atom:published>2025-05-13T08:10:31Z</atom:published>
    <dc:creator>Iniobong Uyah</dc:creator>
    <dc:creator>Alex Christidis</dc:creator>
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</style><div class='beehiiv__body'><p class="paragraph" style="text-align:left;">Ever heard a business story that sounds like it belongs in a Netflix documentary? “Too Good to be True.”. </p><p class="paragraph" style="text-align:left;">I agree, the word of entrepreneurship can seem like a riddle most times, especially when you are a first-time entrepreneur. Every founder or entrepreneur would agree that there is a learning curve; things don’t just get easy right off the bat, or do they?</p><p class="paragraph" style="text-align:left;">Certainly not, but some founders seem to have all the luck in the world. First-time founders and entrepreneurs who hit it big, scale fast, and become successful in what looks like the blink of an eye. </p><p class="paragraph" style="text-align:left;">And there’s you, still struggling to raise funds, get your audience right, differentiate yourself business and make a name for yourself in the industry. You might ask how they do it. </p><p class="paragraph" style="text-align:left;"><b>Here’s the breakdown of the 4 powerful moves that can help you replicate their success.</b></p><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h3 class="heading" style="text-align:left;" id="1-set-wild-clear-goals"><b>1. Set Wild, Clear Goals</b></h3></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/848f6fc5-8bd8-483e-a516-8f3e13eacc56/Goal.png?t=1747121723"/></div></td></tr></table><p class="paragraph" style="text-align:left;">One of his first big moves to making it fast and big is setting big and audacious goals.</p><p class="paragraph" style="text-align:left;">This forces people to think differently. You stop focusing on what’s easy and start figuring out what’s necessary. Stretch goals shift your team’s focus from incremental improvement to transformational change.</p><p class="paragraph" style="text-align:left;">Elon Musk is one founder who normalizes setting ridiculously bold goals. Look at his approach at SpaceX: the idea of landing a reusable rocket sounded ridiculous. Today, it’s the norm. Bold goals birth new realities.</p><p class="paragraph" style="text-align:left;">John Doerr, the legendary investor who introduced OKRs to Google, noted that organizations using clear, ambitious objectives are more aligned, more motivated, and deliver results faster (<a class="link" href="https://www.whatmatters.com/faqs/what-is-an-okrs-system?utm_source=epirus.beehiiv.com&utm_medium=newsletter&utm_campaign=power-moves-to-scale-fast" target="_blank" rel="noopener noreferrer nofollow">source</a>).</p><p class="paragraph" style="text-align:left;"><b>Tip </b>🎯:</p><p class="paragraph" style="text-align:left;">→ Don’t set goals to make your team comfortable. Set them to help your team grow.</p><p class="paragraph" style="text-align:left;">→ Pair big goals with clear, measurable milestones. That’s how you keep morale high and progress visible.</p><p class="paragraph" style="text-align:left;">→ Have a Big Vision</p><p class="paragraph" style="text-align:left;">→ Choose Audacity Over Comfort</p><p class="paragraph" style="text-align:left;">→ Remember, Clarity = Momentum</p><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h3 class="heading" style="text-align:left;"><b>2. Fix the Culture or Forget the Growth</b></h3></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/2efc3dce-2b71-4d35-a17f-9f9dfc5af931/united.png?t=1747121918"/></div></td></tr></table><p class="paragraph" style="text-align:left;">Culture is contagious. When leadership sets a new tone, the team adapts or exits. Over time, you attract people aligned with your new standards.</p><p class="paragraph" style="text-align:left;"><b>Case in point:</b></p><p class="paragraph" style="text-align:left;">Netflix built its culture around “freedom and responsibility.” They pay top-of-market salaries and expect world-class performance in return. Their culture deck is legendary and helped shape Silicon Valley’s approach to talent.</p><p class="paragraph" style="text-align:left;"><b>Study shows:</b></p><p class="paragraph" style="text-align:left;">Companies with strong, intentional cultures see 4x higher revenue growth, according to a global study by <a class="link" href="https://www.bain.com/insights/the-four-types-of-organizational-culture/?utm_source=epirus.beehiiv.com&utm_medium=newsletter&utm_campaign=power-moves-to-scale-fast" target="_blank" rel="noopener noreferrer nofollow">Bain & Company</a>.</p><p class="paragraph" style="text-align:left;"><b>Tip </b>🎯<b>:</b></p><p class="paragraph" style="text-align:left;">→ Audit your culture every 6 months. What behaviors are you rewarding or tolerating?</p><p class="paragraph" style="text-align:left;">→ Hire slowly, fire kindly, but don’t compromise your culture for convenience.</p><p class="paragraph" style="text-align:left;">→ Raise the Bar</p><p class="paragraph" style="text-align:left;">→ Model What You Expect</p><p class="paragraph" style="text-align:left;">→ Culture Grows from the Top</p><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h3 class="heading" style="text-align:left;" id="3-think-bigger-than-your-top-client"><b>3. Think Bigger Than Your Top Clients</b></h3></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/246df8e8-fc14-4c80-befd-0d023227cb33/skill.png?t=1747122030"/></div></td></tr></table><p class="paragraph" style="text-align:left;">Businesses that rely on a few major clients often get trapped in “keep-them-happy-at-all-costs” mode. That stifles growth and innovation.</p><p class="paragraph" style="text-align:left;"><b>Case in point:</b></p><p class="paragraph" style="text-align:left;">Amazon started as a bookstore, but quickly diversified into electronics, cloud computing, logistics, and more. Now, AWS (its cloud arm) generates more profit than retail.</p><p class="paragraph" style="text-align:left;"><i><b>“Instead of hoarding what works, replicate it. Multiply it. De-risk your success”.</b></i></p><p class="paragraph" style="text-align:left;"><b>Tip </b>🎯<b>:</b></p><p class="paragraph" style="text-align:left;">→ Build systems that scale across customer segments without diluting value.</p><p class="paragraph" style="text-align:left;">→ Add new revenue layers—membership, B2B services, digital products, etc.</p><p class="paragraph" style="text-align:left;">→ Expand Your Vision</p><p class="paragraph" style="text-align:left;">→ Avoid Revenue Dependence</p><p class="paragraph" style="text-align:left;">→ Build a Portfolio of Clients</p><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h3 class="heading" style="text-align:left;" id="4-solve-real-problems-dont-chase-kp"><b>4. Solve Real Problems, Don’t Chase KPIs</b></h3></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/84e24255-1ede-49bd-ae2f-2833e8fc25eb/problem-solved.png?t=1747122137"/></div></td></tr></table><p class="paragraph" style="text-align:left;">Someone said;</p><p class="paragraph" style="text-align:left;"><span style="color:rgb(17, 17, 17);"><b><i>“When you obsess over numbers, you forget the people behind them. But when you obsess over solving real problems, the numbers take care of themselves.”</i></b></span></p><p class="paragraph" style="text-align:left;">Instead of micromanaging sales figures, train your team to ask better questions:</p><p class="paragraph" style="text-align:left;">→ “What’s the real pain point our customer is trying to fix?”</p><p class="paragraph" style="text-align:left;">→ “How can we make their life easier this week?”</p><p class="paragraph" style="text-align:left;">As their solutions get better, the client base will explode—and so will the revenue. This proves that problem-solving is the real product. Metrics just reflect whether you’re doing it well.</p><p class="paragraph" style="text-align:left;"><b>Here’s an example;</b></p><p class="paragraph" style="text-align:left;">Slack wasn’t built as a messaging app. It was created to solve internal communication headaches for a gaming company. Solving that real problem led to one of the fastest-growing B2B tools in history.</p><p class="paragraph" style="text-align:left;">Drucker nailed it when he said;</p><p class="paragraph" style="text-align:left;"><span style="color:rgb(17, 17, 17);"><i><b>“The purpose of a business is to create and keep a customer.”</b></i></span></p><p class="paragraph" style="text-align:left;"><b>Tip </b>🎯<b>:</b></p><p class="paragraph" style="text-align:left;">→ Run quarterly “customer problem audits.” Interview 10 users and find patterns.</p><p class="paragraph" style="text-align:left;">→ Build your roadmap around their pain, not your ego.</p><p class="paragraph" style="text-align:left;"><b>Remember;</b></p><p class="paragraph" style="text-align:left;">→ Solve &gt; Sell</p><p class="paragraph" style="text-align:left;">→ Pain Points First</p><p class="paragraph" style="text-align:left;">→ Build What Matters</p><h2 class="heading" style="text-align:left;" id="the-role-of-team-alignment-in-scali"><b>The Role of Team Alignment in Scaling Fast</b></h2><p class="paragraph" style="text-align:left;">Let’s address a secret ingredient in all of this: alignment.</p><p class="paragraph" style="text-align:left;">Your team can be filled with brilliant people and still go nowhere if they’re pulling in different directions. Aligning everyone—from marketing to ops to customer support—around a singular mission creates force, not friction.</p><p class="paragraph" style="text-align:left;">→ Use weekly standups and monthly town halls to reinforce priorities.</p><p class="paragraph" style="text-align:left;">→ Share wins and lessons across departments. Visibility builds velocity.</p><p class="paragraph" style="text-align:left;">Companies with high alignment grow revenue 58% faster and are 72% more profitable (<a class="link" href="https://www.clearcompany.com/employee-alignment-company-success?utm_source=epirus.beehiiv.com&utm_medium=newsletter&utm_campaign=power-moves-to-scale-fast" target="_blank" rel="noopener noreferrer nofollow">source</a>).</p><p class="paragraph" style="text-align:left;"><b>Tip </b>🎯<b>:</b></p><p class="paragraph" style="text-align:left;">→ Simplicity scales. If your team can’t recite your core goal, your message is too complicated.</p><p class="paragraph" style="text-align:left;"><b>Remember;</b></p><p class="paragraph" style="text-align:left;">→ Clarity Drives Movement</p><p class="paragraph" style="text-align:left;">→ One Mission, One Direction</p><p class="paragraph" style="text-align:left;">→ Momentum Over Complexity</p><h2 class="heading" style="text-align:left;" id="heres-your-growth-playbook"><b>Here’s Your Growth Playbook</b></h2><p class="paragraph" style="text-align:left;">Let’s recap the 4 levers you can pull today to scale with purpose:</p><ol start="1"><li><p class="paragraph" style="text-align:left;">🎯 Set massive, clear goals — stretch the team’s mindset and align effort.<br><br></p></li><li><p class="paragraph" style="text-align:left;">🏢 Upgrade the culture — reward excellence, model it daily, and let the rest play out.<br><br></p></li><li><p class="paragraph" style="text-align:left;">🌱 Think bigger than your top clients — diversify your revenue and stay in control.<br><br></p></li><li><p class="paragraph" style="text-align:left;">🧩 Solve real problems — customers first, metrics second.<br><br></p></li><li><p class="paragraph" style="text-align:left;">🧭 Align your team — shared vision beats scattered brilliance.</p></li></ol><p class="paragraph" style="text-align:left;"></p><div class="section" style="background-color:transparent;border-color:#1b1b1b;border-radius:2px;border-style:solid;border-width:2px;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><p class="paragraph" style="text-align:left;"></p><h3 class="heading" style="text-align:left;"><b>Check out our last publication - </b></h3><div class="embed"><a class="embed__url" href="https://epirus.beehiiv.com/p/the-slow-path-to-greatness?utm_source=epirus.beehiiv.com&utm_medium=newsletter&utm_campaign=power-moves-to-scale-fast" target="_blank"><div class="embed__content"><p class="embed__title"> The End: What&#39;s Next? </p><p class="embed__description"> The Oracle of Omaha may have passed the torch, but his fire still burns. Here are 10 principles he left behind for those willing to walk the path of slow greatness.  </p><p class="embed__link"> epirus.beehiiv.com/p/the-slow-path-to-greatness </p></div><img class="embed__image embed__image--right" src="https://beehiiv-images-production.s3.amazonaws.com/uploads/asset/file/4e62b11c-c42c-472d-a071-a8f4d7da4ad2/WB.jpg?t=1746624998"/></a></div><p class="paragraph" style="text-align:left;"></p></div></div><div class='beehiiv__footer'><br class='beehiiv__footer__break'><hr class='beehiiv__footer__line'><a target="_blank" class="beehiiv__footer_link" style="text-align: center;" href="https://www.beehiiv.com/?utm_campaign=a48cadea-7751-4a56-ad2b-7d7ad158cd4d&utm_medium=post_rss&utm_source=epirus_vc">Powered by beehiiv</a></div></div>
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  <title>The Slow Path to Greatness</title>
  <description>The Oracle of Omaha may have passed the torch, but his fire still burns. Here are 10 principles he left behind for those willing to walk the path of slow greatness. </description>
      <enclosure url="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/4e62b11c-c42c-472d-a071-a8f4d7da4ad2/WB.jpg" length="57573" type="image/jpeg"/>
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  <pubDate>Wed, 07 May 2025 14:05:54 +0000</pubDate>
  <atom:published>2025-05-07T14:05:54Z</atom:published>
    <dc:creator>Iniobong Uyah</dc:creator>
    <dc:creator>Alex Christidis</dc:creator>
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    <div class='beehiiv'><style>
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</style><div class='beehiiv__body'><p class="paragraph" style="text-align:left;">On May 4, 2025, an era ended. Warren Buffett, an investment icon, announced he will be stepping down as CEO of Berkshire Hathaway. Buffett’s impact in the world of investment and entrepreneurship needs no introduction. </p><p class="paragraph" style="text-align:left;">If anything, the last shareholder’s meeting cemented his position as the greatest investor of our time, after it was revealed that his company, Berkshire Hathaway, surpassed major indices like the S&P 500 in terms of returns on investment. Here’s a chart that puts it in perspective;</p><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/dc143696-b218-4408-ae02-42c4adbc4ee3/Screenshot_2025-05-07_at_11.24.32.png?t=1746615440"/></div><p class="paragraph" style="text-align:left;">While investors and experts ponder what’s next for the company under the new CEO, Greg Abel, we want to inform you that Buffett’s success is no mystery and can be replicated by anyone. </p><p class="paragraph" style="text-align:left;">Admittedly, Buffett himself has credited some aspects of his success to circumstances beyond anyone’s control, such as the circumstances of one’s birth. However, the most important driver of success has remained principles which Buffett himself (together with his partner, the Late Charlie Munger) has shared several times. </p><p class="paragraph" style="text-align:left;">In this episode, we have collected the top 10 success principles Buffett followed and the stories behind them. </p><div class="section" style="background-color:transparent;border-color:#1b1b1b;border-radius:2px;border-style:solid;border-width:2px;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><h3 class="heading" style="text-align:left;" id="the-future-of-voice-ai-is-here">The Future of Voice AI Is Here</h3><div class="image"><a class="image__link" href="https://synthflow.ai/guides/future-of-voice-ai-2025/?utm_campaign={{publication_alphanumeric_id}}&utm_source=beehiiv_whitepaper_future_of_voice_ai&utm_medium=paid_newsletter&utm_content=a&_bhiiv=opp_16cb3ed6-9ceb-46e8-91e7-4c483998d65b_a30e8616&bhcl_id=f2d4ed73-6f89-49df-af4d-aa7d8c47fe4d_{{subscriber_id}}_{{email_address_id}}" rel="noopener" target="_blank"><img class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/9dfa8ce5-acf1-42c9-b3cf-e4dcb211f3ab/future_of_voice.png?t=1744649151"/></a></div><p class="paragraph" style="text-align:left;">Discover why forward-thinking enterprises are rapidly adopting Voice AI Agents. <a class="link" href="https://synthflow.ai/guides/future-of-voice-ai-2025/?utm_campaign={{publication_alphanumeric_id}}&utm_source=beehiiv_whitepaper_future_of_voice_ai&utm_medium=paid_newsletter&utm_content=a&_bhiiv=opp_16cb3ed6-9ceb-46e8-91e7-4c483998d65b_a30e8616&bhcl_id=f2d4ed73-6f89-49df-af4d-aa7d8c47fe4d_{{subscriber_id}}_{{email_address_id}}" target="_blank" rel="noopener noreferrer nofollow">This guide</a> breaks down the $47.5B market shift, highlights emerging trends, and offers practical steps for successful implementation.</p><p class="paragraph" style="text-align:left;">Learn how leading teams are using Voice AI to boost efficiency, elevate customer experience, and start delivering measurable results—in as little as 3 weeks.</p><p class="paragraph" style="text-align:left;"><a class="link" href="https://synthflow.ai/guides/future-of-voice-ai-2025/?utm_campaign={{publication_alphanumeric_id}}&utm_source=beehiiv_whitepaper_future_of_voice_ai&utm_medium=paid_newsletter&utm_content=a&_bhiiv=opp_16cb3ed6-9ceb-46e8-91e7-4c483998d65b_a30e8616&bhcl_id=f2d4ed73-6f89-49df-af4d-aa7d8c47fe4d_{{subscriber_id}}_{{email_address_id}}" target="_blank" rel="noopener noreferrer nofollow">Download the free guide</a></p></div><p class="paragraph" style="text-align:left;"></p><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h2 class="heading" style="text-align:center;" id="1-invest-in-what-you-understand"><b>1. Invest in What You Understand</b></h2></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/d3b12e45-25a4-4dc4-b074-34ecdb0118d6/investment.png?t=1746616386"/></div></td></tr></table><p class="paragraph" style="text-align:left;"><b>Story:</b> Buffett famously avoided investing in technology stocks during the 1999 dot-com bubble. While others chased skyrocketing prices, he stuck to what he called his “circle of competence.” Instead, he invested in companies like Coca-Cola and Gillette—brands he understood and believed in.</p><p class="paragraph" style="text-align:left;"><b>Result:</b> When the bubble burst in 2000, Buffett’s portfolio stayed largely intact, while others lost billions. His strategy underscored a fundamental belief: understanding trumps trendiness.</p><h2 class="heading" style="text-align:center;" id="2-be-fearful-when-others-are-greedy"><b>2. Be Fearful When Others Are Greedy, and Greedy When Others Are Fearful</b></h2><p class="paragraph" style="text-align:left;"><b>Story:</b> During the 2008 financial crisis, when panic overtook the markets, Buffett invested $5 billion in Goldman Sachs and $3 billion in General Electric—both deals structured to give Berkshire favorable terms.</p><p class="paragraph" style="text-align:left;"><b>Result:</b> These investments yielded massive returns when the markets recovered. More importantly, they reinforced Buffett’s contrarian mindset—buying value when others sell in fear.</p><h2 class="heading" style="text-align:center;" id="3-build-a-reputation-over-decades-a"><b>3. Build a Reputation Over Decades, and Guard It with Your Life</b></h2><p class="paragraph" style="text-align:left;"><b>Story:</b> In 1991, when Salomon Brothers was caught in a bond-trading scandal, Buffett took over as interim chairman. His first message to employees: </p><p class="paragraph" style="text-align:left;"><i>“Lose money for the firm, and I will be understanding. Lose a shred of reputation, and I will be ruthless.”</i></p><p class="paragraph" style="text-align:left;"><b>Result:</b> The culture of integrity he promoted helped restore credibility to the firm. Buffett’s focus on ethics wasn’t just personal—it was strategic.</p><h2 class="heading" style="text-align:center;" id="4-think-long-term-always"><b>4. Think Long-Term, Always</b></h2><p class="paragraph" style="text-align:left;"><b>Story:</b> Buffett bought See’s Candies in 1972 for $25 million. Rather than scaling aggressively or selling quickly, he focused on sustainable growth and preserving the brand’s culture.</p><p class="paragraph" style="text-align:left;"><b>Result:</b> Over the decades, See’s has produced over $2 billion in pre-tax earnings for Berkshire. The lesson? Compounding takes time, and patience is profit.</p><h2 class="heading" style="text-align:center;" id="5-delegate-but-stay-informed"><b>5. Delegate, But Stay Informed</b></h2><p class="paragraph" style="text-align:left;"><b>Story:</b> Buffett famously lets his managers run their companies independently. However, he reads five newspapers a day and thousands of pages of reports annually.</p><p class="paragraph" style="text-align:left;"><b>Result:</b> This balance of trust and vigilance allows him to remain strategically aware without micromanaging. It also enables Berkshire’s decentralized structure to thrive.</p><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h2 class="heading" style="text-align:center;" id="6-cash-is-not-trash"><b>6. Cash Is Not Trash</b></h2></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/e00a2f08-aa64-4082-a21a-380fee9d537a/Cash.png?t=1746616463"/></div></td></tr></table><p class="paragraph" style="text-align:left;"><b>Story:</b> In 2020, while other CEOs spent cash on stock buybacks, Buffett kept over $100 billion in reserve. Critics accused him of stagnation.</p><p class="paragraph" style="text-align:left;"><b>Result:</b> When the pandemic caused a market crash, Buffett had the liquidity to make smart moves. He didn’t—because the deals weren’t right. But the discipline to wait showed that cash is not a burden; it’s optionality.</p><h2 class="heading" style="text-align:center;" id="7-live-below-your-means"><b>7. Live Below Your Means</b></h2><p class="paragraph" style="text-align:left;"><b>Story:</b> Despite being one of the richest men alive, Buffett still lives in the Omaha home he bought in 1958 for $31,500. He drives a modest car, eats McDonald’s, and prefers Cherry Coke to fine wine.</p><p class="paragraph" style="text-align:left;"><b>Result: </b>This personal frugality sends a powerful message to employees and investors alike: success isn’t about consumption—it’s about consistency.</p><h2 class="heading" style="text-align:center;" id="8-choose-partners-wisely"><b>8. Choose Partners Wisely</b></h2><p class="paragraph" style="text-align:left;"><b>Story:</b> Buffett and Charlie Munger’s partnership spanned over six decades. Their intellectual chemistry was built on mutual respect, candid debate, and shared values.</p><p class="paragraph" style="text-align:left;"><b>Result:</b> This duo built a culture of rational decision-making that permeated Berkshire. The trust between them served as a compass in times of uncertainty.</p><h2 class="heading" style="text-align:center;" id="9-never-stop-learning"><b>9. Never Stop Learning</b></h2><p class="paragraph" style="text-align:left;"><b>Story:</b> Buffett reads 80% of his day. From newspapers and annual reports to books on history and finance, he maintains a voracious appetite for knowledge.</p><p class="paragraph" style="text-align:left;"><b>Result: </b>This learning habit kept him adaptable across economic cycles—from post-WWII recovery to the digital age. “The more you learn,” he says, “the more you earn.”</p><h2 class="heading" style="text-align:center;" id="10-make-your-passion-your-professio"><b>10. Make Your Passion Your Profession</b></h2><p class="paragraph" style="text-align:left;"><b>Story:</b> Buffett bought his first stock at age 11. At 14, he filed his first tax return. Investing wasn’t just a career—it was a calling.</p><p class="paragraph" style="text-align:left;"><b>Result:</b> His joy in what he does infused Berkshire’s culture. Employees felt it. Shareholders felt it. And the world noticed. When passion meets purpose, longevity follows.</p><p class="paragraph" style="text-align:left;"></p><div class="section" style="background-color:transparent;border-color:#1b1b1b;border-radius:2px;border-style:solid;border-width:2px;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><p class="paragraph" style="text-align:left;"></p><h3 class="heading" style="text-align:left;"><b>Further Reading…</b></h3><div class="embed"><a class="embed__url" href="https://www.epirus.vc/blog/warren-buffett-the-slow-path-to-greatness?utm_source=epirus.beehiiv.com&utm_medium=newsletter&utm_campaign=the-slow-path-to-greatness" target="_blank"><div class="embed__content"><p class="embed__title"> Warren Buffett: The Slow Path to Greatness </p><p class="embed__description"> The Oracle of Omaha may have passed the torch, but his fire still burns. Here are 10 principles he left behind for those willing to walk the slow path to greatness. </p><p class="embed__link"> www.epirus.vc/blog/warren-buffett-the-slow-path-to-greatness </p></div><img class="embed__image embed__image--right" src="https://cdn.prod.website-files.com/630533bb38a04b2d7788387f/681b5f7e9a4c3839e65e13b9_2015-05-03T120000Z_2126107598_GF10000082922_RTRMADP_3_BERKSHIRE-BUFFET-1024x681.jpg"/></a></div><p class="paragraph" style="text-align:left;"></p></div></div><div class='beehiiv__footer'><br class='beehiiv__footer__break'><hr class='beehiiv__footer__line'><a target="_blank" class="beehiiv__footer_link" style="text-align: center;" href="https://www.beehiiv.com/?utm_campaign=97d1be91-5500-402b-9b61-a2c97bcb7f19&utm_medium=post_rss&utm_source=epirus_vc">Powered by beehiiv</a></div></div>
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      <item>
  <title>Consistency vs. Innovation</title>
  <description>What Guarantees Long-Term Business Success?</description>
      <enclosure url="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/6bf96fde-0ccb-4804-9ca9-30366a681444/Choose.jpg" length="189776" type="image/jpeg"/>
  <link>https://epirus.beehiiv.com/p/consistency-vs-innovation</link>
  <guid isPermaLink="true">https://epirus.beehiiv.com/p/consistency-vs-innovation</guid>
  <pubDate>Fri, 02 May 2025 08:48:43 +0000</pubDate>
  <atom:published>2025-05-02T08:48:43Z</atom:published>
    <dc:creator>Iniobong Uyah</dc:creator>
    <dc:creator>Alex Christidis</dc:creator>
  <content:encoded><![CDATA[
    <div class='beehiiv'><style>
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</style><div class='beehiiv__body'><p class="paragraph" style="text-align:left;">Here’s a question founders grapple with at some point in their business;</p><p class="paragraph" style="text-align:left;"><i><b>Should you focus on being consistent, offering a stable, reliable experience, or should you keep changing and improving your products or services to stay ahead?</b></i></p><p class="paragraph" style="text-align:left;">Your decision will affect your brand, your operations, your customers, and ultimately, your long-term success. </p><p class="paragraph" style="text-align:left;">So, what should you do: remain consistent and stable or innovate aggressively? Keep reading to find out.</p><div class="section" style="background-color:transparent;border-color:#1b1b1b;border-radius:2px;border-style:solid;border-width:2px;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><h3 class="heading" style="text-align:left;" id="the-future-of-voice-ai-is-here">The Future of Voice AI Is Here</h3><div class="image"><a class="image__link" href="https://synthflow.ai/guides/future-of-voice-ai-2025/?utm_campaign={{publication_alphanumeric_id}}&utm_source=beehiiv_whitepaper_future_of_voice_ai&utm_medium=paid_newsletter&utm_content=a&_bhiiv=opp_a9e7ab4e-9b67-4563-b4d3-bd1085d824fe_a30e8616&bhcl_id=f5266a13-3cf5-4678-8e33-014b056baddf_{{subscriber_id}}_{{email_address_id}}" rel="noopener" target="_blank"><img class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/9dfa8ce5-acf1-42c9-b3cf-e4dcb211f3ab/future_of_voice.png?t=1744649151"/></a></div><p class="paragraph" style="text-align:left;">Discover why forward-thinking enterprises are rapidly adopting Voice AI Agents. <a class="link" href="https://synthflow.ai/guides/future-of-voice-ai-2025/?utm_campaign={{publication_alphanumeric_id}}&utm_source=beehiiv_whitepaper_future_of_voice_ai&utm_medium=paid_newsletter&utm_content=a&_bhiiv=opp_a9e7ab4e-9b67-4563-b4d3-bd1085d824fe_a30e8616&bhcl_id=f5266a13-3cf5-4678-8e33-014b056baddf_{{subscriber_id}}_{{email_address_id}}" target="_blank" rel="noopener noreferrer nofollow">This guide</a> breaks down the $47.5B market shift, highlights emerging trends, and offers practical steps for successful implementation.</p><p class="paragraph" style="text-align:left;">Learn how leading teams are using Voice AI to boost efficiency, elevate customer experience, and start delivering measurable results—in as little as 3 weeks.</p><p class="paragraph" style="text-align:left;"><a class="link" href="https://synthflow.ai/guides/future-of-voice-ai-2025/?utm_campaign={{publication_alphanumeric_id}}&utm_source=beehiiv_whitepaper_future_of_voice_ai&utm_medium=paid_newsletter&utm_content=a&_bhiiv=opp_a9e7ab4e-9b67-4563-b4d3-bd1085d824fe_a30e8616&bhcl_id=f5266a13-3cf5-4678-8e33-014b056baddf_{{subscriber_id}}_{{email_address_id}}" target="_blank" rel="noopener noreferrer nofollow">Download the free guide</a></p></div><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h2 class="heading" style="text-align:left;" id="what-do-we-mean-by-consistency-and-"><b>What Do We Mean by Consistency and Innovation?</b></h2></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/d1e79de2-81e9-441e-b6bc-8df9b3b36c5a/consistent.png?t=1746173679"/></div></td></tr></table><p class="paragraph" style="text-align:left;">Consistency in this context means improving gradually without surprising or confusing your customers. Think small updates, familiar experiences, and strong operational systems.</p><p class="paragraph" style="text-align:left;">Innovation, on the other hand, means regularly introducing bold changes. That could mean launching new features, products, or entirely new ways of doing business, often with higher risks and rewards.</p><p class="paragraph" style="text-align:left;">Both strategies come with pros and cons. The key is understanding which suits your audience, product type, and stage of growth.</p><h2 class="heading" style="text-align:left;" id="how-customers-see-it"><b>How Customers See It:</b></h2><p class="paragraph" style="text-align:left;">Customers value brands they can rely on. When a product works well and looks familiar, people feel comfortable returning to it.</p><ul><li><p class="paragraph" style="text-align:left;">A 2021 survey found that 94% of iPhone users planned to buy another iPhone (<a class="link" href="https://www.sellcell.com/blog/apple-brand-loyalty/?utm_source=epirus.beehiiv.com&utm_medium=newsletter&utm_campaign=consistency-vs-innovation" target="_blank" rel="noopener noreferrer nofollow">SellCell</a>). That level of loyalty comes from trust and a stable experience.</p></li><li><p class="paragraph" style="text-align:left;">Amazon, known for fast delivery and a smooth shopping process, was rated the most trusted brand in the U.S. in 2022 (<a class="link" href="https://morningconsult.com/most-trusted-brands/?utm_source=epirus.beehiiv.com&utm_medium=newsletter&utm_campaign=consistency-vs-innovation" target="_blank" rel="noopener noreferrer nofollow">Morning Consult</a>).</p></li></ul><p class="paragraph" style="text-align:left;">When customers know what to expect, they’re more likely to stick around — even if a competitor offers something slightly newer or flashier.</p><h3 class="heading" style="text-align:left;" id="when-customers-want-innovation"><b>When Customers Want Innovation,</b></h3><p class="paragraph" style="text-align:left;">But customers aren’t always satisfied with the same thing forever. In fast-changing industries, people expect fresh ideas and better solutions.</p><ul><li><p class="paragraph" style="text-align:left;">Netflix moved from DVD rentals to online streaming, then into producing its own shows, keeping pace with what customers wanted.</p></li><li><p class="paragraph" style="text-align:left;">TikTok grew to over 1.5 billion users by offering a new, mobile-first way to watch and create videos.</p></li></ul><p class="paragraph" style="text-align:left;">If your customers are early adopters or value being on the cutting edge, they’ll reward companies that keep innovating.</p><h2 class="heading" style="text-align:left;" id="pros-and-cons-of-each-strategy"><b>Pros and Cons of Each Strategy</b></h2><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h3 class="heading" style="text-align:left;" id="consistency">Consistency</h3></td><td width="50%" class="bh__column"><p class="paragraph" style="text-align:left;">✅ Builds loyalty, is easier to manage, and is cost-effective.</p><p class="paragraph" style="text-align:left;">❌ It can become stale, less appealing to early adopters.</p></td></tr></table><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h3 class="heading" style="text-align:left;" id="innovation">Innovation</h3></td><td width="50%" class="bh__column"><p class="paragraph" style="text-align:left;">✅ Opens new markets, attracts media and investor attention.</p><p class="paragraph" style="text-align:left;">❌ Expensive, risky, harder to execute well.</p></td></tr></table><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h2 class="heading" style="text-align:left;" id="which-approach-fits-your-business"><b>Which Approach Fits Your Business?</b></h2></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/5a05b678-253a-426c-87ee-0eba991ba21a/decision-making.png?t=1746173952"/></div></td></tr></table><h3 class="heading" style="text-align:left;" id="consistency-works-well-for"><b>Consistency Works Well For:</b></h3><ul><li><p class="paragraph" style="text-align:left;">Established industries like finance, insurance, and healthcare</p></li><li><p class="paragraph" style="text-align:left;">Business-to-business (B2B) companies, where stability matters</p></li><li><p class="paragraph" style="text-align:left;">Subscription models, where customer retention is key.</p></li></ul><p class="paragraph" style="text-align:left;">Example: Coca-Cola has made only small changes over the years. The product stays familiar, and customers love that.</p><h3 class="heading" style="text-align:left;" id="innovation-works-well-for"><b>Innovation Works Well For:</b></h3><ul><li><p class="paragraph" style="text-align:left;">Tech startups breaking into old markets</p></li><li><p class="paragraph" style="text-align:left;">Apps and platforms that need to stand out fast</p></li><li><p class="paragraph" style="text-align:left;">Industries driven by trends like fashion, AI, or gaming.</p></li></ul><p class="paragraph" style="text-align:left;">Example: Shopify keeps adding new tools to help businesses sell online, and that constant improvement has helped it grow fast.</p><div class="section" style="background-color:transparent;border-color:#1b1b1b;border-radius:2px;border-style:solid;border-width:2px;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><h3 class="heading" style="text-align:left;">Learn how to make AI work for you</h3><p class="paragraph" style="text-align:left;">AI won’t take your job, but a person using AI might. That’s why 1,000,000+ professionals read <a class="link" href="https://magic.beehiiv.com/v1/4d03390d-2481-4299-b949-ffd8b38b4c38?email={{email}}&utm_campaign={{publication_alphanumeric_id}}&redirect_to=https%3A%2F%2Fsubscribe.therundown.ai%2F%3Fform%3Dopen&redirect_delay=1&_gl=1*1qqix25*_gcl_au*MTYwNDc0Mjg2OC4xNzI5NTMyNjYw*_ga*MTk2YzU4MDctZGFlZi00MjQ3LWIzZDYtYTQ1MTUwMmJiZTQ0*_ga_E6Y4WLQ2EC*MTczMjUxMTg2Ny4yNTkzLjEuMTczMjUxMzM4My42MC4wLjE4NTk3NDE3MTE.&_bhiiv=opp_4b120dbc-1357-4aff-a0b6-67f3dbdb21da_e4221c46&bhcl_id=8cb76f24-25dc-489e-b0af-9e9188389f1b_{{subscriber_id}}_{{email_address_id}}" target="_blank" rel="noopener noreferrer nofollow">The Rundown AI</a> – the free newsletter that keeps you updated on the latest AI news and teaches you how to use it in just 5 minutes a day.</p><p class="paragraph" style="text-align:left;"><a class="link" href="https://magic.beehiiv.com/v1/4d03390d-2481-4299-b949-ffd8b38b4c38?email={{email}}&utm_campaign={{publication_alphanumeric_id}}&redirect_to=https%3A%2F%2Fsubscribe.therundown.ai%2F%3Fform%3Dopen&redirect_delay=1&_gl=1*1qqix25*_gcl_au*MTYwNDc0Mjg2OC4xNzI5NTMyNjYw*_ga*MTk2YzU4MDctZGFlZi00MjQ3LWIzZDYtYTQ1MTUwMmJiZTQ0*_ga_E6Y4WLQ2EC*MTczMjUxMTg2Ny4yNTkzLjEuMTczMjUxMzM4My42MC4wLjE4NTk3NDE3MTE.&_bhiiv=opp_4b120dbc-1357-4aff-a0b6-67f3dbdb21da_e4221c46&bhcl_id=8cb76f24-25dc-489e-b0af-9e9188389f1b_{{subscriber_id}}_{{email_address_id}}" target="_blank" rel="noopener noreferrer nofollow">Sign up to start learning.</a></p></div><h2 class="heading" style="text-align:left;" id="do-you-really-have-to-choose-one"><b>Do You Really Have to Choose One?</b></h2><p class="paragraph" style="text-align:left;"><i><b>The best companies often do both. They keep the core experience stable while trying new ideas in specific areas.</b></i></p><p class="paragraph" style="text-align:left;">Amazon is a good example. The shopping experience stays consistent, but the company keeps innovating behind the scenes — using AI for recommendations, drones for delivery, and cloud services (AWS) to power the internet.</p><p class="paragraph" style="text-align:left;">Spotify keeps its interface familiar while updating its recommendation engine, adding podcasts, and experimenting with pricing.</p><p class="paragraph" style="text-align:left;">This strategy — slow and steady change around a strong core — can offer the best of both worlds.</p><h2 class="heading" style="text-align:left;" id="five-things-founders-should-conside"><b>Five Things Founders Should Consider:</b></h2><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h3 class="heading" style="text-align:left;" id="customer-expectations"><b>Customer Expectations</b></h3></td><td width="50%" class="bh__column"><ul><li><p class="paragraph" style="text-align:left;">Are your customers early adopters or traditionalists?</p></li><li><p class="paragraph" style="text-align:left;">Do they prefer stability, or do they get excited by change?</p></li></ul></td></tr></table><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h3 class="heading" style="text-align:left;" id="industry-lifecycle"><b>Industry Lifecycle</b></h3></td><td width="50%" class="bh__column"><ul><li><p class="paragraph" style="text-align:left;">In an emerging sector? Lean toward innovation.</p></li><li><p class="paragraph" style="text-align:left;">In a mature market? Focus on differentiation and reliability.</p></li></ul></td></tr></table><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h3 class="heading" style="text-align:left;" id="internal-capabilities"><b>Internal Capabilities</b></h3></td><td width="50%" class="bh__column"><ul><li><p class="paragraph" style="text-align:left;">Do you have the talent and budget to experiment?</p></li><li><p class="paragraph" style="text-align:left;">Innovation without structure can lead to chaos.</p></li></ul></td></tr></table><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h3 class="heading" style="text-align:left;" id="competitive-landscape"><b>Competitive Landscape</b></h3></td><td width="50%" class="bh__column"><ul><li><p class="paragraph" style="text-align:left;">If everyone is innovating, consistency can be your edge.</p></li><li><p class="paragraph" style="text-align:left;">If no one is disrupting, maybe it’s your chance.</p></li></ul></td></tr></table><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h3 class="heading" style="text-align:left;" id="vision-and-brand-promise"><b>Vision and Brand Promise</b></h3></td><td width="50%" class="bh__column"><ul><li><p class="paragraph" style="text-align:left;">What do you want your company to be known for?</p></li><li><p class="paragraph" style="text-align:left;">Don’t let short-term fads override long-term brand values.</p></li></ul></td></tr></table><h2 class="heading" style="text-align:left;" id="finding-the-sweet-spot">Finding the sweet spot.</h2><p class="paragraph" style="text-align:left;">✅ Keep your core product consistent so customers feel comfortable.</p><p class="paragraph" style="text-align:left;">✅ Innovate slowly and strategically in areas where it adds value.</p><p class="paragraph" style="text-align:left;">✅ Test new ideas in small ways before going big.</p><p class="paragraph" style="text-align:left;">✅ Only change what improves the experience, not just for the sake of change.</p><p class="paragraph" style="text-align:left;">Think of it like how phone software updates work. You still recognize the phone, but it works better and does more each time.</p><p class="paragraph" style="text-align:left;"></p><div class="section" style="background-color:transparent;border-color:#1b1b1b;border-radius:2px;border-style:solid;border-width:2px;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><p class="paragraph" style="text-align:left;"></p><h3 class="heading" style="text-align:left;"><b>Further reading;</b></h3><div class="embed"><a class="embed__url" href="https://www.epirus.vc/blog/consistency-vs-innovation-what-guarantees-long-term-business-success?utm_source=epirus.beehiiv.com&utm_medium=newsletter&utm_campaign=consistency-vs-innovation" target="_blank"><div class="embed__content"><p class="embed__title"> Consistency vs. Innovation: What Guarantees Long-Term Business Success? </p><p class="embed__description"> In today’s fast-moving business world, founders and business owners often face a major decision: remaining consistent or innovating aggressively. Here&#39;s what you need to do. </p><p class="embed__link"> www.epirus.vc/blog/consistency-vs-innovation-what-guarantees-long-term-business-success </p></div><img class="embed__image embed__image--right" src="https://cdn.prod.website-files.com/630533bb38a04b2d7788387f/68147711212a778f7c0a9a92_Choose.jpg"/></a></div></div><p class="paragraph" style="text-align:left;"></p><div class="section" style="background-color:transparent;border-color:#1b1b1b;border-radius:2px;border-style:solid;border-width:2px;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><p class="paragraph" style="text-align:left;"></p><h3 class="heading" style="text-align:left;"><b>Word of the day !!!</b></h3><div class="embed"><a class="embed__url" href="https://www.epirus.vc/glossary/terms/horizontal-integration?utm_source=epirus.beehiiv.com&utm_medium=newsletter&utm_campaign=consistency-vs-innovation" target="_blank"><div class="embed__content"><p class="embed__title"> Entrepreneur&#39;s Glossary | Horizontal Integration explained </p><p class="embed__description"> Horizontal integration is a business strategy that involves acquiring or merging with companies that operate in the same industry or provide similar products or services. </p><p class="embed__link"> www.epirus.vc/glossary/terms/horizontal-integration </p></div><img class="embed__image embed__image--right" src=""/></a></div></div><hr class="content_break"></div><div class='beehiiv__footer'><br class='beehiiv__footer__break'><hr class='beehiiv__footer__line'><a target="_blank" class="beehiiv__footer_link" style="text-align: center;" href="https://www.beehiiv.com/?utm_campaign=9caba40b-4ca1-4892-9d11-c0921995b5df&utm_medium=post_rss&utm_source=epirus_vc">Powered by beehiiv</a></div></div>
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      <item>
  <title>Don&#39;t Compete - Differentiate</title>
  <description>How Starbucks grew in the wake of McDonald&#39;s aggressive negative ad campaigns without lifting a finger or spending millions on reprisal ad campaigns. </description>
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  <link>https://epirus.beehiiv.com/p/don-t-compete-differentiate</link>
  <guid isPermaLink="true">https://epirus.beehiiv.com/p/don-t-compete-differentiate</guid>
  <pubDate>Mon, 28 Apr 2025 17:24:54 +0000</pubDate>
  <atom:published>2025-04-28T17:24:54Z</atom:published>
    <dc:creator>Iniobong Uyah</dc:creator>
    <dc:creator>Alex Christidis</dc:creator>
  <content:encoded><![CDATA[
    <div class='beehiiv'><style>
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</style><div class='beehiiv__body'><p class="paragraph" style="text-align:left;">We’ve heard of price wars, businesses bearing down on each other with one goal in mind - to outdo the competition and become the “top dog” in the chosen industry. But, what if one decides not to play this game, what if the competition decides to be the “bigger person”? </p><p class="paragraph" style="text-align:left;">How then can they win this war? Luckily for us, history is full of businesses that survived without having to fight dirty. Let’s analyze one of history’s most elaborate price wars and what you can learn from it. </p><p class="paragraph" style="text-align:left;"></p><div class="section" style="background-color:transparent;border-color:#1b1b1b;border-radius:2px;border-style:solid;border-width:2px;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><h3 class="heading" style="text-align:left;" id="attention-ai-enthusiasts-this-podca">Attention AI enthusiasts: This podcast is for you.</h3><div class="image"><a class="image__link" href="https://thisnewway.com/?utm_campaign={{publication_alphanumeric_id}}&utm_source=beehiiv&_bhiiv=opp_94c8c8ef-8f18-4c43-ac67-59627dd45943_0bc5f0b6&bhcl_id=e41cf0b6-5e19-4e92-90ca-2fd9f5276422_{{subscriber_id}}_{{email_address_id}}" rel="noopener" target="_blank"><img class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/a2be64f9-c9e6-4bf0-b81f-8f81b62302ad/Newsletter_Ad_Network_V1.png?t=1747150502"/></a></div><p class="paragraph" style="text-align:left;">In <a class="link" href="https://thisnewway.com/?utm_campaign={{publication_alphanumeric_id}}&utm_source=beehiiv&_bhiiv=opp_94c8c8ef-8f18-4c43-ac67-59627dd45943_0bc5f0b6&bhcl_id=e41cf0b6-5e19-4e92-90ca-2fd9f5276422_{{subscriber_id}}_{{email_address_id}}" target="_blank" rel="noopener noreferrer nofollow">This New Way</a>, a new podcast by Fellow, Aydin Mirzaee invites leaders to share their screens and give demos of how they’re building internal tools and reinventing work with AI.</p><p class="paragraph" style="text-align:left;">No theory, no fluff – just tactical, actionable insights from those leading the charge.</p><p class="paragraph" style="text-align:left;"><a class="link" href="https://thisnewway.com/?utm_campaign={{publication_alphanumeric_id}}&utm_source=beehiiv&_bhiiv=opp_94c8c8ef-8f18-4c43-ac67-59627dd45943_0bc5f0b6&bhcl_id=e41cf0b6-5e19-4e92-90ca-2fd9f5276422_{{subscriber_id}}_{{email_address_id}}" target="_blank" rel="noopener noreferrer nofollow">Start listening</a></p></div><h2 class="heading" style="text-align:left;" id="heading-2"></h2><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h2 class="heading" style="text-align:left;" id="it-all-started-with-a-4-cup-of-coff"><b>It all started with a $4 cup of coffee</b></h2></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/bdc2e320-fb32-4db5-863f-5a55b7cfa5d8/cup-of-coffee.png?t=1745860385"/></div></td></tr></table><p class="paragraph" style="text-align:left;">In the world of coffee, McDonald’s and Starbucks stand as two towering giants, but they didn’t start off on the same playing field.</p><p class="paragraph" style="text-align:left;">McDonald’s, known globally for its fast-food empire, decided it wanted a bigger piece of the coffee market. It saw Starbucks, with its booming popularity and growing influence, as the main competitor. In response, McDonald’s launched a very deliberate and aggressive marketing campaign, positioning its McCafé coffee as a better, more affordable alternative to Starbucks’ $4 coffee.</p><p class="paragraph" style="text-align:left;">The message was clear: </p><p class="paragraph" style="text-align:left;"><i><b>Why pay more for a fancy coffee experience when you can get a similar (or even better) cup for less at McDonald’s?</b></i></p><p class="paragraph" style="text-align:left;">Billboards went up. Commercials aired. McDonald’s threw its advertising weight behind this narrative, hoping to chip away at Starbucks’ customer base.</p><p class="paragraph" style="text-align:left;"><b>But something interesting happened.</b></p><p class="paragraph" style="text-align:left;">Despite McDonald’s negative ad campaign, Starbucks didn’t buckle. They didn’t respond with attack ads of their own. They didn’t lower their prices to match McDonald’s. They didn’t even try to “out-McDonald’s” McDonald’s.</p><p class="paragraph" style="text-align:left;"><b>Instead, Starbucks doubled down on being Starbucks.</b></p><p class="paragraph" style="text-align:left;">They focused even more on creating the experience their customers loved: the cozy coffee shop atmosphere, the personalization (“your name on the cup”), the ethically sourced beans, and the brand identity centered around community, sophistication, and personal connection.</p><p class="paragraph" style="text-align:left;"></p><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h2 class="heading" style="text-align:left;" id="here-is-what-they-did-differently"><b>Starbucks’ key to success - Differentiation</b></h2></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/39875a6f-a74f-4606-8921-ffab5625650d/thoughts.png?t=1745860542"/></div></td></tr></table><p class="paragraph" style="text-align:left;">What happened next was anybody’s guess. While Macdonald seemed to be gaining the upper hand in the battle, the aggressive campaign didn’t hurt Starbucks as they might have thought it would. </p><p class="paragraph" style="text-align:left;">Instead, the Starbucks brand grew disproportionately more, gaining more exposure and solidifying itself as the go-to place for those who want to experience coffee. </p><p class="paragraph" style="text-align:left;">Starbucks didn’t play by McDonald’s rules. If they had, perhaps the story would be told a bit differently. Instead, they differentiated themselves. Where McDonald’s positioned coffee as a commodity—something fast, cheap, and convenient—Starbucks positioned coffee as an experience.</p><p class="paragraph" style="text-align:left;">McDonald’s tried to turn the competition into a price war. Starbucks turned it into a value war, and when value wins, price becomes less important.</p><p class="paragraph" style="text-align:left;">Instead of chasing McDonald’s customers, Starbucks continued attracting its ideal audience: people who didn’t just want a caffeine boost, but who valued atmosphere, connection, sustainability, and a sense of belonging.</p><p class="paragraph" style="text-align:left;"><span style="color:#1b1b1b;">This powerful lesson is important for any founder or entrepreneur:</span></p><div class="blockquote"><blockquote class="blockquote__quote"></blockquote></div><h2 class="heading" style="text-align:left;" id="heading-2"></h2><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h2 class="heading" style="text-align:left;" id="here-are-five-ways-to-differentiate"><b>Here are five ways to differentiate your brand</b></h2></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/94f5eadb-eb39-4324-960c-973236328a3d/5.png?t=1745860720"/></div></td></tr></table><p class="paragraph" style="text-align:left;">🚀 <b>Define (and Own) Your Brand Identity</b></p><p class="paragraph" style="text-align:left;">🚀 <b>Focus on Your Unique Audience</b></p><p class="paragraph" style="text-align:left;">🚀 <b>Offer an Experience, Not Just a Product</b></p><p class="paragraph" style="text-align:left;">🚀 <b>Innovate Continuously</b></p><p class="paragraph" style="text-align:left;">🚀 <b>Tell Your Story Relentlessly</b></p><p class="paragraph" style="text-align:left;"></p><div class="section" style="background-color:transparent;border-color:#1b1b1b;border-radius:2px;border-style:solid;border-width:2px;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><h2 class="heading" style="text-align:left;">Word of the day !!!</h2><div class="embed"><a class="embed__url" href="https://www.epirus.vc/glossary/terms/differentation?utm_source=epirus.beehiiv.com&utm_medium=newsletter&utm_campaign=don-t-compete-differentiate" target="_blank"><div class="embed__content"><p class="embed__title"> Entrepreneur&#39;s Glossary | Differentiation explained </p><p class="embed__description"> Differentiation occurs when a business or company stands out from the competition by offering products or services that are unique and different from what is offered by any other company in the same market. </p><p class="embed__link"> www.epirus.vc/glossary/terms/differentation </p></div><img class="embed__image embed__image--right" src=""/></a></div></div><p class="paragraph" style="text-align:left;"></p><div class="section" style="background-color:transparent;border-color:#1b1b1b;border-radius:2px;border-style:solid;border-width:2px;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><h3 class="heading" style="text-align:left;" id="the-first-search-engine-for-leads">The first search engine for leads</h3><p class="paragraph" style="text-align:left;"><a class="link" href="https://www.leadsforge.ai/?utm_campaign={{publication_alphanumeric_id}}&utm_source=beehiiv&_bhiiv=opp_e45f418f-df40-4f2d-a821-6f565ff0d0c6_5aec41b6&bhcl_id=fcb7257e-8303-4978-9b7c-e490a95c74ec_{{subscriber_id}}_{{email_address_id}}" target="_blank" rel="noopener noreferrer nofollow">Leadsforge</a> is the very first search engine for leads. With a chat-like, easy interface, getting new leads is as easy as texting a friend! Just describe your ideal customer in the chat - industry, role, location, or other specific criteria - and our AI-powered search engine will instantly find and verify the best leads for you. No more guesswork, just results. Your lead lists will be ready in minutes!</p><p class="paragraph" style="text-align:left;"><a class="link" href="https://www.leadsforge.ai/?utm_campaign={{publication_alphanumeric_id}}&utm_source=beehiiv&_bhiiv=opp_e45f418f-df40-4f2d-a821-6f565ff0d0c6_5aec41b6&bhcl_id=fcb7257e-8303-4978-9b7c-e490a95c74ec_{{subscriber_id}}_{{email_address_id}}" target="_blank" rel="noopener noreferrer nofollow">Sign & get 100 credits</a></p></div><hr class="content_break"></div><div class='beehiiv__footer'><br class='beehiiv__footer__break'><hr class='beehiiv__footer__line'><a target="_blank" class="beehiiv__footer_link" style="text-align: center;" href="https://www.beehiiv.com/?utm_campaign=f2cd72e6-aea1-4ef6-ab15-105a7e88576e&utm_medium=post_rss&utm_source=epirus_vc">Powered by beehiiv</a></div></div>
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      <item>
  <title>Let&#39;s Go Treasure Hunting</title>
  <description>Many years ago, Steve Jobs said, “Customers don’t know what they want until you give it to them,” Welcome to Costco&#39;s treasure hunt strategy. </description>
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  <link>https://epirus.beehiiv.com/p/let-s-go-treasure-hunting</link>
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  <pubDate>Thu, 24 Apr 2025 16:34:46 +0000</pubDate>
  <atom:published>2025-04-24T16:34:46Z</atom:published>
    <dc:creator>Iniobong Uyah</dc:creator>
    <dc:creator>Alex Christidis</dc:creator>
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    <div class='beehiiv'><style>
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</style><div class='beehiiv__body'><p class="paragraph" style="text-align:left;">Many years ago, Steve Jobs made a statement that would crease brows. He said, “Customers don’t know what they want until you give it to them,” and his company has stuck by this philosophy ever since. </p><p class="paragraph" style="text-align:left;">Today, you could say the situation has changed. So many customers know exactly what they want, and do share their opinions in the form of feedback. A good company should pay close attention to this feedback and adjust as needed, after all, the customer is always right, or are they?</p><p class="paragraph" style="text-align:left;">One company, however, has remained adamant, refusing to change what most customers consider infuriating. Let me introduce you to Costco’s Treasure Hunt Model, why it works despite so many negative comments, and how it can be safely applied to other business types. </p><div class="section" style="background-color:transparent;border-color:#1b1b1b;border-radius:4px;border-style:solid;border-width:4px;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><h3 class="heading" style="text-align:left;" id="is-2025-the-year-you-thrive">Is 2025 The Year You Thrive?</h3><div class="image"><a class="image__link" href="https://thrive2025event.com/rsvp?source=beehiv&a=101612%2F%3Futm_campaign%3D{{publication_alphanumeric_id}}&utm_source=beehiiv&_bhiiv=opp_25d07661-f076-4a2b-93d6-a18564ae5a38_538eb5bf&bhcl_id=553b1d39-6577-451f-9c9d-fbe72967a470_{{subscriber_id}}_{{email_address_id}}" rel="noopener" target="_blank"><img class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/2e6d457b-80b7-4018-af9d-7e61c2794d8d/Thrive_in_2025_Mastermind.jpg?t=1745345285"/></a></div><p class="paragraph" style="text-align:left;">Join Tony Robbins, Dean Graziosi, and a lineup of top personal growth and entrepreneurship experts for three powerful days at the <a class="link" href="https://thrive2025event.com/rsvp?source=beehiv&a=101612%2F%3Futm_campaign%3D{{publication_alphanumeric_id}}&utm_source=beehiiv&_bhiiv=opp_25d07661-f076-4a2b-93d6-a18564ae5a38_538eb5bf&bhcl_id=553b1d39-6577-451f-9c9d-fbe72967a470_{{subscriber_id}}_{{email_address_id}}" target="_blank" rel="noopener noreferrer nofollow">Thrive in 2025 Virtual Live Event</a>.</p><p class="paragraph" style="text-align:left;">This free event will show you how to thrive in today’s rapidly changing world - by turning economic shifts into opportunity. Learn how to build something of your own, create predictable income, reignite your purpose, and define success on your own terms.</p><p class="paragraph" style="text-align:left;"><a class="link" href="https://thrive2025event.com/rsvp?source=beehiv&a=101612%2F%3Futm_campaign%3D{{publication_alphanumeric_id}}&utm_source=beehiiv&_bhiiv=opp_25d07661-f076-4a2b-93d6-a18564ae5a38_538eb5bf&bhcl_id=553b1d39-6577-451f-9c9d-fbe72967a470_{{subscriber_id}}_{{email_address_id}}" target="_blank" rel="noopener noreferrer nofollow">May 15-17. Be there.</a></p></div><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h2 class="heading" style="text-align:left;" id="explaining-the-treasure-hunt-retail"><span style="text-decoration:underline;"><b>Explaining the Treasure Hunt Retail Model</b></span></h2></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/e0a8a1ba-05af-49d4-b156-d2e6697c749f/treasure.png?t=1745511081"/></div></td></tr></table><p class="paragraph" style="text-align:left;">Imagine walking into your favorite store and suddenly feeling you’re in the wrong place when actually, you’re not. </p><p class="paragraph" style="text-align:left;">That was how Costco’s customers must have felt when the new Treasure Hunt strategy was implemented. </p><p class="paragraph" style="text-align:left;">The strategy is simple, shuffle items around so that customers are introduced to new items they may like while looking around for what they came to buy from the store. </p><p class="paragraph" style="text-align:left;">On Costco’s end, this is free advertising, but the customers who have to spend more time and sometimes more money than planned, are not always happy. </p><p class="paragraph" style="text-align:left;">I say “always” because a few customers don’t mind the hunt, but not when you want to zap in and out of the store. </p><p class="paragraph" style="text-align:left;">Simply put, Costco’s treasure hunt model:</p><div class="blockquote"><blockquote class="blockquote__quote"></blockquote></div><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h2 class="heading" style="text-align:left;" id="the-psychology-behind-the-model"><span style="text-decoration:underline;"><b>The Psychology Behind the Model</b></span></h2></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/1d118db6-a0dd-4578-9614-4a26844ebca3/thinking.png?t=1745511242"/></div></td></tr></table><p class="paragraph" style="text-align:left;">Costco’s model is about discovery. The same psychological reward systems that drive people to scroll endlessly through social media or hunt for clearance racks in department stores. </p><p class="paragraph" style="text-align:left;">Finding something unexpectedly good—like an organic snack pack you’ve never seen before or a major brand at a shocking discount—gives shoppers a hit of dopamine. </p><p class="paragraph" style="text-align:left;">Over time, these positive reinforcements can make the inconvenience of navigating a chaotic layout feel worth it.</p><p class="paragraph" style="text-align:left;">It’s a retail version of a treasure chest: you never know what you’ll find, and that unpredictability keeps you coming back.</p><div class="blockquote"><blockquote class="blockquote__quote"></blockquote></div><div class="section" style="background-color:transparent;border-color:#1b1b1b;border-radius:4px;border-style:solid;border-width:4px;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><h3 class="heading" style="text-align:left;">Learn AI in 5 minutes a day</h3><p class="paragraph" style="text-align:left;">What’s the secret to staying ahead of the curve in the world of AI? Information. Luckily, you can join 1,000,000+ early adopters reading <a class="link" href="https://magic.beehiiv.com/v1/4d03390d-2481-4299-b949-ffd8b38b4c38?email={{email}}&utm_campaign={{publication_alphanumeric_id}}&redirect_to=https%3A%2F%2Fsubscribe.therundown.ai%2F%3Fform%3Dopen&redirect_delay=1&_gl=1*1qqix25*_gcl_au*MTYwNDc0Mjg2OC4xNzI5NTMyNjYw*_ga*MTk2YzU4MDctZGFlZi00MjQ3LWIzZDYtYTQ1MTUwMmJiZTQ0*_ga_E6Y4WLQ2EC*MTczMjUxMTg2Ny4yNTkzLjEuMTczMjUxMzM4My42MC4wLjE4NTk3NDE3MTE.&_bhiiv=opp_cb172a44-1e75-4c39-9143-b84b105b556c_e4221c46&bhcl_id=e96b9ec7-f55e-4c62-839c-51ffbee00fa5_{{subscriber_id}}_{{email_address_id}}" target="_blank" rel="noopener noreferrer nofollow">The Rundown AI</a> — the free newsletter that makes you smarter on AI with just a 5-minute read per day.</p><p class="paragraph" style="text-align:left;"><a class="link" href="https://magic.beehiiv.com/v1/4d03390d-2481-4299-b949-ffd8b38b4c38?email={{email}}&utm_campaign={{publication_alphanumeric_id}}&redirect_to=https%3A%2F%2Fsubscribe.therundown.ai%2F%3Fform%3Dopen&redirect_delay=1&_gl=1*1qqix25*_gcl_au*MTYwNDc0Mjg2OC4xNzI5NTMyNjYw*_ga*MTk2YzU4MDctZGFlZi00MjQ3LWIzZDYtYTQ1MTUwMmJiZTQ0*_ga_E6Y4WLQ2EC*MTczMjUxMTg2Ny4yNTkzLjEuMTczMjUxMzM4My42MC4wLjE4NTk3NDE3MTE.&_bhiiv=opp_cb172a44-1e75-4c39-9143-b84b105b556c_e4221c46&bhcl_id=e96b9ec7-f55e-4c62-839c-51ffbee00fa5_{{subscriber_id}}_{{email_address_id}}" target="_blank" rel="noopener noreferrer nofollow">Sign up to start learning.</a></p></div><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h3 class="heading" style="text-align:left;"><span style="text-decoration:underline;"><b>Pros</b></span></h3><p class="paragraph" style="text-align:left;">✅ Encourages Exploration:</p><p class="paragraph" style="text-align:left;">✅ Impulse Buying = Bigger Baskets:</p><p class="paragraph" style="text-align:left;">✅ New Every Visit:</p><p class="paragraph" style="text-align:left;">✅ Sense of Urgency:</p><p class="paragraph" style="text-align:left;">✅ Builds Loyalty Among Deal-Seekers:</p></td><td width="50%" class="bh__column"><h3 class="heading" style="text-align:left;"><span style="text-decoration:underline;"><b>Cons</b></span></h3><p class="paragraph" style="text-align:left;">❌ Inconvenient for Mission Shoppers:</p><p class="paragraph" style="text-align:left;">❌ Harder to Build a Routine:</p><p class="paragraph" style="text-align:left;">❌ Time-Consuming:</p><p class="paragraph" style="text-align:left;">❌ May Alienate New Customers:</p><p class="paragraph" style="text-align:left;">❌ Inventory Inconsistency:</p></td></tr></table><p class="paragraph" style="text-align:left;">Despite the obvious Cons of the model, Costco’s share prices continue to rise, making it one of the most valued retailers in the market with more than <a class="link" href="https://nrf.com/research-insights/top-retailers/top-100-retailers/top-100-retailers-2024-list?utm_source=epirus.beehiiv.com&utm_medium=newsletter&utm_campaign=let-s-go-treasure-hunting" target="_blank" rel="noopener noreferrer nofollow">200 billion in sales</a>. </p><p class="paragraph" style="text-align:left;">The treasure hunt model may be a nuisance, but from a business perspective, it works. <span style="text-decoration:underline;"><a class="link" href="https://www.epirus.vc/blog/costcos-treasure-hunt-shopping-model-fun-adventure-or-frustrating-maze?utm_source=epirus.beehiiv.com&utm_medium=newsletter&utm_campaign=let-s-go-treasure-hunting" target="_blank" rel="noopener noreferrer nofollow">Here’s a full article including how you can implement the treasure hunt model in other business types</a></span>. </p><div class="section" style="background-color:transparent;border-color:#1b1b1b;border-radius:4px;border-style:solid;border-width:4px;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><p class="paragraph" style="text-align:left;"></p><h3 class="heading" style="text-align:left;"><span style="text-decoration:underline;">Word of the day !!!</span></h3><div class="embed"><a class="embed__url" href="https://www.epirus.vc/glossary/terms/proof-of-concept-poc?utm_source=epirus.beehiiv.com&utm_medium=newsletter&utm_campaign=let-s-go-treasure-hunting" target="_blank"><div class="embed__content"><p class="embed__title"> Entrepreneur&#39;s Glossary | Proof of Concept (POC) explained </p><p class="embed__description"> Proof, usually written out, to convince a community or group that a business idea, product, model, or plan is feasible. </p><p class="embed__link"> www.epirus.vc/glossary/terms/proof-of-concept-poc </p></div><img class="embed__image embed__image--right" src=""/></a></div><p class="paragraph" style="text-align:left;"></p></div><hr class="content_break"></div><div class='beehiiv__footer'><br class='beehiiv__footer__break'><hr 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  <title>Winning over long-term investors</title>
  <description>Navigating today’s volatile markets means founders need partners who stick around for the long haul. This is how to get their attention</description>
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  <pubDate>Mon, 21 Apr 2025 11:30:02 +0000</pubDate>
  <atom:published>2025-04-21T11:30:02Z</atom:published>
    <dc:creator>Iniobong Uyah</dc:creator>
    <dc:creator>Alex Christidis</dc:creator>
  <content:encoded><![CDATA[
    <div class='beehiiv'><style>
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</style><div class='beehiiv__body'><p class="paragraph" style="text-align:left;">Navigating today’s volatile markets means founders need partners who stick around for the long haul. </p><p class="paragraph" style="text-align:left;">Long-term investors can be the backbone of your business, giving you the freedom to grow and innovate without sweating every step of the way. </p><p class="paragraph" style="text-align:left;">However, these kinds of investors know how to separate the wheat from the chaff when making an investment decision. Here is what it takes to win their attention. </p><h2 class="heading" style="text-align:left;" id="heading-2"></h2><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h2 class="heading" style="text-align:left;" id="staying-cool-when-markets-get-crazy"><b>Staying Cool When Markets Get Crazy</b></h2></td><td width="50%" class="bh__column"><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/14c017dd-9541-4933-be96-3af654b59aa9/volatility.png?t=1745207836"/></div></td></tr></table><p class="paragraph" style="text-align:left;">Imagine you’re riding a roller coaster with unpredictable movements. You can’t tell whether it’s about to go up or down. </p><p class="paragraph" style="text-align:left;">That’s what the market can feel like sometimes. But companies like Coca-Cola that are backed by long-term investors can hold on tight during rough patches. </p><p class="paragraph" style="text-align:left;">For example, during the 2008 crisis, businesses with supportive, long-term investors kept their cool and stayed focused, rather than panicking and pulling out quickly. </p><p class="paragraph" style="text-align:left;">It’s like having a friend who’s there for you no matter what, letting you take calculated risks without the pressure of instant success.</p><p class="paragraph" style="text-align:left;">Long-term investors provide startups with more <b>flexibility to pursue their goals</b>, <b>resilience in uncertain markets</b>, <b>better valuations</b>, and <b>stronger organizational morale</b>. </p><h2 class="heading" style="text-align:left;" id="what-longterm-investors-look-for-in">What long-term investors look for in startups</h2><p class="paragraph" style="text-align:left;">Warren Buffett isn’t just famous for his fortune; he’s famous for his smart, long-term strategy. Here’s a quick look at what founders can learn about investors like him.</p><h3 class="heading" style="text-align:left;" id="they-focus-on-the-basics">They focus on the Basics:</h3><p class="paragraph" style="text-align:left;">Buffett invests in companies that show consistent profits—think of his move with See’s Candies. For a founder, that means nurturing strong, steady business performance that future investors can rely on, like developing products that people love and keeping cash flow positive.</p><h3 class="heading" style="text-align:left;" id="transparency">Transparency:</h3><p class="paragraph" style="text-align:left;">Buffett is known for open and honest management. You can do the same by being straightforward about your wins and your challenges. Whether it’s through regular updates or an open-door culture, keeping communication clear builds trust. It’s like telling your friends exactly what’s going on so they can help you out when things get tough.</p><h3 class="heading" style="text-align:left;" id="be-patient-with-your-capital">Be Patient with Your Capital:</h3><p class="paragraph" style="text-align:left;">Instead of chasing every shiny new opportunity, Buffett sticks to companies with enduring strengths. For a startup, this might mean avoiding risky expansions and focusing on building something that lasts, like refining a product until it’s the best in the market.</p><h2 class="heading" style="text-align:left;" id="how-to-win-their-attention">How to win their attention</h2><p class="paragraph" style="text-align:left;">🚀 Make sure your business model favors long-term strategy over short-term wins</p><p class="paragraph" style="text-align:left;">🚀 Develop a detailed investor communication plan</p><p class="paragraph" style="text-align:left;">🚀 Focus on efficiency and innovation</p><p class="paragraph" style="text-align:left;">🚀 Build strategic partnerships</p><div class="button" style="text-align:left;"><a target="_blank" rel="noopener nofollow noreferrer" class="button__link" style="" href="https://www.epirus.vc/blog/attracting-long-term-investors-a-strategic-guide-for-founders?utm_source=epirus.beehiiv.com&utm_medium=newsletter&utm_campaign=winning-over-long-term-investors"><span class="button__text" style=""> Click to view full article </span></a></div><p class="paragraph" style="text-align:left;"></p><table width="100%" class="bh__column_wrapper"><tr><td width="50%" class="bh__column"><h2 class="heading" style="text-align:left;" id="ever-wondered-what-it-is-like-to-be"><b>Ever wondered what it is like to be a startup founder? </b></h2></td><td width="50%" class="bh__column"><p class="paragraph" style="text-align:left;"></p><div class="image"><img alt="" class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/a2d2bf6b-bc12-4428-a83d-6c7d48d546a2/person.png?t=1745207762"/></div></td></tr></table><p class="paragraph" style="text-align:left;">Here is an insider’s perspective;</p><p class="paragraph" style="text-align:left;"><b>It’s always on your mind:</b> </p><p class="paragraph" style="text-align:left;">Even if you’re not at your desk, your startup is constantly in your thoughts—during dinner, workouts, or time with your family. It kind of takes over your brain.</p><p class="paragraph" style="text-align:left;"><b>Wins are short-lived: </b></p><p class="paragraph" style="text-align:left;">You might hit big milestones, but you’ll be so focused on the next challenge that it’s hard to stop and celebrate.</p><p class="paragraph" style="text-align:left;"><b>You’ll build amazing bonds: </b></p><p class="paragraph" style="text-align:left;">Going through the ups and downs with your team creates some of the closest, most meaningful relationships you’ll ever have.</p><p class="paragraph" style="text-align:left;"><b>You’ll learn everything about how a business works: </b></p><p class="paragraph" style="text-align:left;">Unlike most jobs where you only see a piece of the puzzle, being a founder gives you a deep, full view of how it all fits together.</p><p class="paragraph" style="text-align:left;"><b>It’s intense but real: </b></p><p class="paragraph" style="text-align:left;">There’s no safety net, and that can be scary—but it also makes you feel incredibly alive. It’s raw, emotional, exhausting… and unforgettable.</p><div class="button" style="text-align:left;"><a target="_blank" rel="noopener nofollow noreferrer" class="button__link" style="" href="https://www.quora.com/What-is-it-like-to-be-a-start-up-founder/answer/Jason-M.-Lemkin?ch=10&oid=1799133&share=2a7b58a3&srid=hyfWD&target_type=answer&utm_source=epirus.beehiiv.com&utm_medium=newsletter&utm_campaign=winning-over-long-term-investors"><span class="button__text" style=""> Click to view original answer in Quora </span></a></div><p class="paragraph" style="text-align:left;"></p><h2 class="heading" style="text-align:left;" id="word-of-the-day"><b>Word of the day!!!</b></h2><div class="embed"><a class="embed__url" href="https://www.epirus.vc/glossary/terms/return-on-equity?utm_source=epirus.beehiiv.com&utm_medium=newsletter&utm_campaign=winning-over-long-term-investors" target="_blank"><div class="embed__content"><p class="embed__title"> Entrepreneur&#39;s Glossary | Return on Equity explained </p><p class="embed__description"> Return on Equity (ROE) is a financial metric that measures the profitability of a company by evaluating how effectively it generates profits using shareholder investments </p><p class="embed__link"> www.epirus.vc/glossary/terms/return-on-equity </p></div><img class="embed__image embed__image--right" src=""/></a></div><hr class="content_break"></div><div class='beehiiv__footer'><br class='beehiiv__footer__break'><hr class='beehiiv__footer__line'><a target="_blank" class="beehiiv__footer_link" style="text-align: center;" href="https://www.beehiiv.com/?utm_campaign=163af506-7d6c-4e95-8317-48293d5d0fdc&utm_medium=post_rss&utm_source=epirus_vc">Powered by beehiiv</a></div></div>
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  <title>Mediocrity Doesn’t Win: Pick a Side</title>
  <description>In business, there’s one fatal trap that ambitious entrepreneurs often fall into: trying to please everyone. Here&#39;s why this is a bad idea and what to do instead. </description>
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  <pubDate>Fri, 11 Apr 2025 08:51:47 +0000</pubDate>
  <atom:published>2025-04-11T08:51:47Z</atom:published>
    <dc:creator>Iniobong Uyah</dc:creator>
    <dc:creator>Alex Christidis</dc:creator>
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</style><div class='beehiiv__body'><div class="section" style="background-color:transparent;border-color:#10e5da;border-radius:3px;border-style:solid;border-width:3px;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><p class="paragraph" style="text-align:left;"><span style="font-size:1.5rem;"><b>I</b></span>n business, there’s one fatal trap that ambitious entrepreneurs often fall into: trying to please everyone. The result? Mediocrity. And in the market, mediocrity doesn’t win. If you want your business to thrive, you need to pick a side—and pick it decisively.</p><p class="paragraph" style="text-align:left;">That means choosing between two distinct and powerful strategies:</p><ol start="1"><li><p class="paragraph" style="text-align:left;">Solve high-value problems for a few rich clients and charge a premium, or</p></li><li><p class="paragraph" style="text-align:left;">Solve mass-market problems for a lot of people and scale aggressively.</p></li></ol><p class="paragraph" style="text-align:left;">Straddling the middle—trying to sell average products at average prices to everyone—is a surefire way to get lost in the noise.</p><hr class="content_break"><h3 class="heading" style="text-align:left;">Stay up-to-date with AI</h3><div class="image"><a class="image__link" href="https://magic.beehiiv.com/v1/4d03390d-2481-4299-b949-ffd8b38b4c38?email={{email}}&utm_campaign={{publication_alphanumeric_id}}&redirect_to=https%3A%2F%2Fsubscribe.therundown.ai%2F%3Fform%3Dopen&redirect_delay=1&_gl=1*1qqix25*_gcl_au*MTYwNDc0Mjg2OC4xNzI5NTMyNjYw*_ga*MTk2YzU4MDctZGFlZi00MjQ3LWIzZDYtYTQ1MTUwMmJiZTQ0*_ga_E6Y4WLQ2EC*MTczMjUxMTg2Ny4yNTkzLjEuMTczMjUxMzM4My42MC4wLjE4NTk3NDE3MTE.&_bhiiv=opp_f94bdd46-8cb8-400a-bba2-aaec960903e7_e4221c46&bhcl_id=41b4938a-3e44-4df3-9d0f-d4f3b7adfe0a_{{subscriber_id}}_{{email_address_id}}" rel="noopener" target="_blank"><img class="image__image" style="border-radius:0px 0px 0px 0px;border-style:solid;border-width:0px 0px 0px 0px;box-sizing:border-box;border-color:#E5E7EB;" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/901d0649-4e4c-40f1-921b-974ba34a4167/Banner_1.png?t=1732571397"/></a></div><p class="paragraph" style="text-align:left;"><a class="link" href="https://magic.beehiiv.com/v1/4d03390d-2481-4299-b949-ffd8b38b4c38?email={{email}}&utm_campaign={{publication_alphanumeric_id}}&redirect_to=https%3A%2F%2Fsubscribe.therundown.ai%2F%3Fform%3Dopen&redirect_delay=1&_gl=1*1qqix25*_gcl_au*MTYwNDc0Mjg2OC4xNzI5NTMyNjYw*_ga*MTk2YzU4MDctZGFlZi00MjQ3LWIzZDYtYTQ1MTUwMmJiZTQ0*_ga_E6Y4WLQ2EC*MTczMjUxMTg2Ny4yNTkzLjEuMTczMjUxMzM4My42MC4wLjE4NTk3NDE3MTE.&_bhiiv=opp_f94bdd46-8cb8-400a-bba2-aaec960903e7_e4221c46&bhcl_id=41b4938a-3e44-4df3-9d0f-d4f3b7adfe0a_{{subscriber_id}}_{{email_address_id}}" target="_blank" rel="noopener noreferrer nofollow">The Rundown</a> is the most trusted AI newsletter in the world, with 1,000,000+ readers and exclusive interviews with AI leaders like Mark Zuckerberg, Demis Hassibis, Mustafa Suleyman, and more.</p><p class="paragraph" style="text-align:left;">Their expert research team spends all day learning what’s new in AI and talking with industry experts, then distills the most important developments into one free email every morning.</p><p class="paragraph" style="text-align:left;">Plus, complete the quiz after signing up and they’ll recommend the best AI tools, guides, and courses – tailored to your needs.</p><p class="paragraph" style="text-align:left;"><a class="link" href="https://magic.beehiiv.com/v1/4d03390d-2481-4299-b949-ffd8b38b4c38?email={{email}}&utm_campaign={{publication_alphanumeric_id}}&redirect_to=https%3A%2F%2Fsubscribe.therundown.ai%2F%3Fform%3Dopen&redirect_delay=1&_gl=1*1qqix25*_gcl_au*MTYwNDc0Mjg2OC4xNzI5NTMyNjYw*_ga*MTk2YzU4MDctZGFlZi00MjQ3LWIzZDYtYTQ1MTUwMmJiZTQ0*_ga_E6Y4WLQ2EC*MTczMjUxMTg2Ny4yNTkzLjEuMTczMjUxMzM4My42MC4wLjE4NTk3NDE3MTE.&_bhiiv=opp_f94bdd46-8cb8-400a-bba2-aaec960903e7_e4221c46&bhcl_id=41b4938a-3e44-4df3-9d0f-d4f3b7adfe0a_{{subscriber_id}}_{{email_address_id}}" target="_blank" rel="noopener noreferrer nofollow">Sign up to start learning.</a></p><hr class="content_break"><h3 class="heading" style="text-align:left;"><b>The Premium Side: Fewer Clients, Bigger Profits</b></h3><p class="paragraph" style="text-align:left;">Serving a niche of wealthy clients means you focus deeply on delivering exceptional value to a small group of people who can afford to pay top dollar. This approach relies on exclusivity, quality, and trust.</p><p class="paragraph" style="text-align:left;">Example: Tesla (early years)</p><p class="paragraph" style="text-align:left;">When Tesla first entered the automotive market, it didn’t try to compete with Honda or Toyota. Instead, it launched the Roadster, a sleek electric sports car priced well above $100,000. Elon Musk knew the technology was too expensive to serve the mass market at first. </p><p class="paragraph" style="text-align:left;">By focusing on affluent early adopters who wanted a status symbol and an eco-conscious image, Tesla carved out a premium brand identity. That brand equity later helped them move downstream with more affordable models like the Model 3—after they had already built a cult following and a robust business.</p><h3 class="heading" style="text-align:left;"><b>The Mass-Market Side: Scale Over Margin</b></h3><p class="paragraph" style="text-align:left;">Alternatively, you can target the mass market with a product that’s affordable, accessible, and easy to adopt. Here, the play is all about scale. You win by selling to millions, not thousands.</p><p class="paragraph" style="text-align:left;">Example: McDonald’s</p><p class="paragraph" style="text-align:left;">Ray Kroc didn’t set out to create gourmet burgers. He built a system. McDonald’s revolutionized fast food by prioritizing consistency, speed, and affordability. The model was simple: feed a lot of people quickly and predictably. And it worked. With over 38,000 locations worldwide, McDonald’s became the symbol of scalable success. No frills, no fine dining—just volume and systems.</p><hr class="content_break"><h3 class="heading" style="text-align:left;">Learn how to make AI work for you</h3><p class="paragraph" style="text-align:left;">AI won’t take your job, but a person using AI might. That’s why 1,000,000+ professionals read <a class="link" href="https://magic.beehiiv.com/v1/4d03390d-2481-4299-b949-ffd8b38b4c38?email={{email}}&utm_campaign={{publication_alphanumeric_id}}&redirect_to=https%3A%2F%2Fsubscribe.therundown.ai%2F%3Fform%3Dopen&redirect_delay=1&_gl=1*1qqix25*_gcl_au*MTYwNDc0Mjg2OC4xNzI5NTMyNjYw*_ga*MTk2YzU4MDctZGFlZi00MjQ3LWIzZDYtYTQ1MTUwMmJiZTQ0*_ga_E6Y4WLQ2EC*MTczMjUxMTg2Ny4yNTkzLjEuMTczMjUxMzM4My42MC4wLjE4NTk3NDE3MTE.&_bhiiv=opp_a30da8f0-b73e-4c0c-b3ad-4e2bd5206255_e4221c46&bhcl_id=20f7ca8e-5c4d-4c89-b049-8692de13253a_{{subscriber_id}}_{{email_address_id}}" target="_blank" rel="noopener noreferrer nofollow">The Rundown AI</a> – the free newsletter that keeps you updated on the latest AI news and teaches you how to use it in just 5 minutes a day.</p><p class="paragraph" style="text-align:left;"><a class="link" href="https://magic.beehiiv.com/v1/4d03390d-2481-4299-b949-ffd8b38b4c38?email={{email}}&utm_campaign={{publication_alphanumeric_id}}&redirect_to=https%3A%2F%2Fsubscribe.therundown.ai%2F%3Fform%3Dopen&redirect_delay=1&_gl=1*1qqix25*_gcl_au*MTYwNDc0Mjg2OC4xNzI5NTMyNjYw*_ga*MTk2YzU4MDctZGFlZi00MjQ3LWIzZDYtYTQ1MTUwMmJiZTQ0*_ga_E6Y4WLQ2EC*MTczMjUxMTg2Ny4yNTkzLjEuMTczMjUxMzM4My42MC4wLjE4NTk3NDE3MTE.&_bhiiv=opp_a30da8f0-b73e-4c0c-b3ad-4e2bd5206255_e4221c46&bhcl_id=20f7ca8e-5c4d-4c89-b049-8692de13253a_{{subscriber_id}}_{{email_address_id}}" target="_blank" rel="noopener noreferrer nofollow">Sign up to start learning.</a></p><hr class="content_break"><h3 class="heading" style="text-align:left;"><b>What Happens When You Don’t Pick?</b></h3><p class="paragraph" style="text-align:left;">Trying to be both premium and mass-market at once usually backfires. You confuse your brand, dilute your message, and end up serving no one well.</p><p class="paragraph" style="text-align:left;">Example: J.C. Penney</p><p class="paragraph" style="text-align:left;">In the early 2010s, J.C. Penney hired Apple executive Ron Johnson to revamp its image. He attempted to eliminate discounts and reposition the brand as more upscale—without actually changing the product or customer experience. The result? Middle-class customers who loved discounts felt alienated, while wealthier customers weren’t convinced it was worth their attention. Sales plummeted, stock collapsed, and Johnson was ousted. J.C. Penney tried to be everything to everyone and ended up being nothing to anyone.</p><h3 class="heading" style="text-align:left;"><b>Pick a Lane and Own It</b></h3><p class="paragraph" style="text-align:left;">Whether you’re launching a tech startup, building a product line, or running a service business, you have to make a strategic choice:</p><ul><li><p class="paragraph" style="text-align:left;">Are you Chanel or are you H&M?</p></li><li><p class="paragraph" style="text-align:left;">Are you Apple (early Mac) or are you Xiaomi?</p></li><li><p class="paragraph" style="text-align:left;">Are you solving complex problems for the few, or simple needs for the many?</p></li></ul><p class="paragraph" style="text-align:left;">Both paths can lead to massive success. But the middle? It’s crowded, noisy, and filled with forgotten brands that tried to hedge their bets instead of going all in.</p><p class="paragraph" style="text-align:left;"><b>So pick a side. Go deep. And build something remarkable.</b></p></div><hr class="content_break"></div><div class='beehiiv__footer'><br class='beehiiv__footer__break'><hr class='beehiiv__footer__line'><a target="_blank" class="beehiiv__footer_link" style="text-align: center;" href="https://www.beehiiv.com/?utm_campaign=c76fca5a-94e3-46ae-b796-1b634bbf202a&utm_medium=post_rss&utm_source=epirus_vc">Powered by beehiiv</a></div></div>
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      <item>
  <title>Redefining Adversity In Business</title>
  <description>The Winning Strategy of Whoop founder Will Ahmed. </description>
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  <link>https://epirus.beehiiv.com/p/redefining-adversity-in-business</link>
  <guid isPermaLink="true">https://epirus.beehiiv.com/p/redefining-adversity-in-business</guid>
  <pubDate>Tue, 08 Apr 2025 12:36:12 +0000</pubDate>
  <atom:published>2025-04-08T12:36:12Z</atom:published>
    <dc:creator>Iniobong Uyah</dc:creator>
    <dc:creator>Alex Christidis</dc:creator>
  <content:encoded><![CDATA[
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</style><div class='beehiiv__body'><p class="paragraph" style="text-align:left;"><span style="font-size:1.5rem;"><b>D</b></span>espite the popularity of wearable fitness trackers, there are a few companies you may never have heard of. I didn’t too until I found a post on IG about a billion-dollar startup that defied the odds. That company is Whoop and the post caught my attention because I love to read about how new companies thrived and survived the harsh business world. </p><p class="paragraph" style="text-align:left;">If you have never heard of the company, here’s a little backstory, but if you have, then stick around as I will be sharing insights from Will Ahmed, founder of Whoop, that helped him turn adversities into opportunities. </p><hr class="content_break"><div class="section" style="background-color:transparent;border-color:#1b1b1b;border-radius:2px;border-style:solid;border-width:2px;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><h3 class="heading" style="text-align:left;" id="hiring-it-becoming-a-headache">Hiring IT becoming a headache?</h3><div class="image"><a class="image__link" href="https://gocrossbridge.com/latam-it-talent/?utm_campaign={{publication_alphanumeric_id}}&utm_source=beehiiv&_bhiiv=opp_aeb5b671-c654-4b6f-a083-0e7833f60070_ee66ec19&bhcl_id=ac0bcc5f-6768-4d3c-873b-9dded69530e5_{{subscriber_id}}_{{email_address_id}}" rel="noopener" target="_blank"><img class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/94803a9a-fbd3-4f5c-a2ae-fc87a7b120ca/Hero_Image_from_OneDrive.png?t=1745616275"/></a></div><p class="paragraph" style="text-align:left;">IT hiring doesn’t have to be a hassle. Let <a class="link" href="https://gocrossbridge.com/latam-it-talent/?utm_campaign={{publication_alphanumeric_id}}&utm_source=beehiiv&_bhiiv=opp_aeb5b671-c654-4b6f-a083-0e7833f60070_ee66ec19&bhcl_id=ac0bcc5f-6768-4d3c-873b-9dded69530e5_{{subscriber_id}}_{{email_address_id}}" target="_blank" rel="noopener noreferrer nofollow">Crossbridge</a> take care of it all—from sourcing top talent to seamless onboarding and more. Get fully vetted resumes in just 24 hours, all handled by real people, not algorithms. Experience the Crossbridge difference.</p><p class="paragraph" style="text-align:left;"><a class="link" href="https://gocrossbridge.com/latam-it-talent/?utm_campaign={{publication_alphanumeric_id}}&utm_source=beehiiv&_bhiiv=opp_aeb5b671-c654-4b6f-a083-0e7833f60070_ee66ec19&bhcl_id=ac0bcc5f-6768-4d3c-873b-9dded69530e5_{{subscriber_id}}_{{email_address_id}}" target="_blank" rel="noopener noreferrer nofollow">Schedule a Demo</a></p></div><hr class="content_break"><div class="section" style="background-color:#0fe2d7;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><h2 class="heading" style="text-align:center;">How it all started</h2></div><hr class="content_break"><div class="section" style="background-color:transparent;border-color:#0fe2d7;border-radius:2px;border-style:solid;border-width:2px;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><p class="paragraph" style="text-align:left;"><span style="font-size:1.5rem;"><b>I</b></span>t all started with these questions - </p><ul><li><p class="paragraph" style="text-align:left;">How could you measure the body, </p></li><li><p class="paragraph" style="text-align:left;">What does it mean to peak on a given day, </p></li><li><p class="paragraph" style="text-align:left;">What does it mean to get fit, & </p></li><li><p class="paragraph" style="text-align:left;">What does it mean to run down?”</p></li></ul><p class="paragraph" style="text-align:left;"> Will. a college athlete, learned to push himself as hard as possible but soon noticed that sometimes even at peak fitness, his performance was subpar at best. This observation made him question the human body and what it meant to be in peak performance. What was he doing wrong and why, despite all the efforts put into training, the results still didn’t add up. These questions and his curiosity to understand how the human body performs, what effects exercise, sleep, and diet truly have on human performance, and whether they make any difference or not, drove him to start a company called Whoop. </p></div><hr class="content_break"><div class="section" style="background-color:#0fe2d7;border-color:#0fe2d7;border-radius:2px;border-style:solid;border-width:2px;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><h2 class="heading" style="text-align:center;"> The first launch came with a lesson in marketing.</h2></div><hr class="content_break"><div class="section" style="background-color:transparent;border-color:#0fe2d7;border-radius:2px;border-style:solid;border-width:2px;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><p class="paragraph" style="text-align:left;"><span style="font-size:1.5rem;"><b>I</b></span>n 2015, the company launched its first product. A device that had no screen, no notifications, and only focused on tracking recovery. Sounds simple enough, except it came with a 500-dollar subscription charge. That was an outrageous sum of money for a company that nobody knew about. As if that wasn’t enough, investors turned him down for several reasons including the fact that Whoop would be competing in a market with established players like Apple which had also launched a smartwatch in the same year. </p><p class="paragraph" style="text-align:left;">Faced with multiple rejections, Will did three things that turned the fate of his company around. </p><h3 class="heading" style="text-align:left;"><b>First, he niched down his audience.</b></h3><p class="paragraph" style="text-align:left;">Instead of trying to sell to everyone, Will decided to focus on people who really needed his product: pro athletes. </p><p class="paragraph" style="text-align:left;"><i><b>“If we could get this super elite layer of athletes to wear and authentically get a lot of value out of WHOOP, we could potentially build a whole brand around performance. That brand would put us into the consumer market and help us one day to hopefully build a big consumer business. There was a benefit that I didn&#39;t fully appreciate at the time, which was starting with a pretty small market, but a market that could potentially fall in love with your product and also put up with some things that early on didn&#39;t quite work, because they like the promise of it so much.”</b></i></p><p class="paragraph" style="text-align:left;">Whoop got the visibility it needed. Pro athletes like Lebron James and Christiano Ronaldo were making use of his product. But that didn’t solve the cash issues he was having. Investors still didn’t buy into the idea and Whoop was burning cash, fast. </p><h3 class="heading" style="text-align:left;">So, they decided to pivot</h3><p class="paragraph" style="text-align:left;">Instead of trying to sell the devices, why not give them out for free? That is exactly what he did. Will slashed the subscription charge from 500 dollars to 30 dollars and also offered a free upgrade for its users each time there was a new release. This meant the old devices were passed down by their owners. Here’s the genius of this idea. By slashing the subscription cost, Will was able to eliminate the cost barrier that prevented most people from using his product. But he made up for it by collecting performance insights. </p><p class="paragraph" style="text-align:left;">It worked. The more people used Whoop, the more the company gathered relevant performance data. Soon, Whoop became the official fitness wearable of the NFL and PGA Tours. This was a new beginning, not only for the company but the professional athletes as well, who for the very first time owned their training data. </p><p class="paragraph" style="text-align:left;">You may not be in the wearable fitness industry, but there are key insights you can get from this story;</p></div><hr class="content_break"><div class="section" style="background-color:transparent;border-color:#1b1b1b;border-radius:2px;border-style:solid;border-width:2px;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><h3 class="heading" style="text-align:left;">Learn how to make AI work for you</h3><p class="paragraph" style="text-align:left;">AI won’t take your job, but a person using AI might. That’s why 1,000,000+ professionals read <a class="link" href="https://magic.beehiiv.com/v1/4d03390d-2481-4299-b949-ffd8b38b4c38?email={{email}}&utm_campaign={{publication_alphanumeric_id}}&redirect_to=https%3A%2F%2Fsubscribe.therundown.ai%2F%3Fform%3Dopen&redirect_delay=1&_gl=1*1qqix25*_gcl_au*MTYwNDc0Mjg2OC4xNzI5NTMyNjYw*_ga*MTk2YzU4MDctZGFlZi00MjQ3LWIzZDYtYTQ1MTUwMmJiZTQ0*_ga_E6Y4WLQ2EC*MTczMjUxMTg2Ny4yNTkzLjEuMTczMjUxMzM4My42MC4wLjE4NTk3NDE3MTE.&_bhiiv=opp_88963a6b-db37-4f2b-be1e-9f080dc0d856_e4221c46&bhcl_id=a5fbdcb8-54c2-4d53-a1a4-ee5d55e7ad98_{{subscriber_id}}_{{email_address_id}}" target="_blank" rel="noopener noreferrer nofollow">The Rundown AI</a> – the free newsletter that keeps you updated on the latest AI news and teaches you how to use it in just 5 minutes a day.</p><p class="paragraph" style="text-align:left;"><a class="link" href="https://magic.beehiiv.com/v1/4d03390d-2481-4299-b949-ffd8b38b4c38?email={{email}}&utm_campaign={{publication_alphanumeric_id}}&redirect_to=https%3A%2F%2Fsubscribe.therundown.ai%2F%3Fform%3Dopen&redirect_delay=1&_gl=1*1qqix25*_gcl_au*MTYwNDc0Mjg2OC4xNzI5NTMyNjYw*_ga*MTk2YzU4MDctZGFlZi00MjQ3LWIzZDYtYTQ1MTUwMmJiZTQ0*_ga_E6Y4WLQ2EC*MTczMjUxMTg2Ny4yNTkzLjEuMTczMjUxMzM4My42MC4wLjE4NTk3NDE3MTE.&_bhiiv=opp_88963a6b-db37-4f2b-be1e-9f080dc0d856_e4221c46&bhcl_id=a5fbdcb8-54c2-4d53-a1a4-ee5d55e7ad98_{{subscriber_id}}_{{email_address_id}}" target="_blank" rel="noopener noreferrer nofollow">Sign up to start learning.</a></p></div><hr class="content_break"><div class="section" style="background-color:transparent;border-color:#0fe2d7;border-radius:2px;border-style:solid;border-width:2px;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><h3 class="heading" style="text-align:center;">1</h3><h3 class="heading" style="text-align:center;">Learn to ignore the rejections and focus on the future. </h3><p class="paragraph" style="text-align:left;">Focus less on where you are now and more on where you are going to be in the future. </p><p class="paragraph" style="text-align:left;"><i><b>“There&#39;s sort of a trick in fundraising, which is that you want to be projecting the world ahead. You don&#39;t really want to be talking that much about where you are today. Everything that we could do to paint the picture of where this thing would be was useful from a capital-raising standpoint. I think I was just perpetually fundraising for that whole first 12 months. Another uncomfortable thing about starting a company is you get rejected a lot more than you&#39;ve ever gotten rejected in your life.”</b></i></p><h3 class="heading" style="text-align:center;">2</h3><h3 class="heading" style="text-align:center;">Focus on a niche audience.</h3><p class="paragraph" style="text-align:left;">While facing rejections, Whoop took a decisive step to narrow down its focus. Instead of trying to appeal to a wider audience, they focused on professional athletes. These instantly set them apart from other wearables. For instance, Apple watches appealed more to the general audience who were only interested in counting steps, whereas Whoop’s devices went to a deeper level by attempting to unlock the secret to peak performance. Meaning that they had to go much further than just counting steps. This simple strategy made them different from Apple and other wearables in the market. </p><h3 class="heading" style="text-align:center;">3</h3><h3 class="heading" style="text-align:center;">Find your own voice</h3><p class="paragraph" style="text-align:left;">Nothing screams branding like having your own voice. Think of some of the most successful companies you know. What do they have that sets them apart from others? What you will notice is that at the heart of every major brand is a sense of uniqueness. When a brand develops a unique identity, it is capable of facing even the most ferocious competitors and coming out unscathed. Products can be copied but not identities and <a class="link" href="https://www.cnbc.com/2023/05/04/whoop-ceo-mocks-the-demise-of-amazons-halo-health-device.html?utm_source=epirus.beehiiv.com&utm_medium=newsletter&utm_campaign=redefining-adversity-in-business" target="_blank" rel="noopener noreferrer nofollow">Amazon learned this lesson the hard way</a> after it tried to replicate what Whoop was doing but failed. This led to one of the best marketing comebacks in history - inscribed behind each of Whoop’s devices are the words -</p><p class="paragraph" style="text-align:left;"><b>“Don’t bother copying us, We Will Win”</b></p><p class="paragraph" style="text-align:left;"><b>Here’s some advice from Will for Entrepreneurs - </b></p><p class="paragraph" style="text-align:left;"><i><b>“Something that is valuable to develop really at any age, but was especially important for me to start developing as someone who wanted to be an entrepreneur, is this notion of finding your voice and intuition and figuring out what it is that sets you on a path to making a good decision. You have all these different voices that are giving you points of view. I think you&#39;ll be best off if you can use all of those to inform what&#39;s within, which is your own voice.”</b></i></p></div><p id="individual-anchor" class="paragraph" style="text-align:left;"></p><p id="individual-anchor" class="paragraph" style="text-align:left;"></p></div><div class='beehiiv__footer'><br class='beehiiv__footer__break'><hr class='beehiiv__footer__line'><a target="_blank" class="beehiiv__footer_link" style="text-align: center;" href="https://www.beehiiv.com/?utm_campaign=f1f8d78c-24b4-40b1-9483-aacf1661e463&utm_medium=post_rss&utm_source=epirus_vc">Powered by beehiiv</a></div></div>
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      <item>
  <title>Liberation Day</title>
  <description>But at what cost?</description>
      <enclosure url="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/9b3ffeb2-8947-4895-bec5-40b42f383a10/Tariffs.jpg" length="144339" type="image/jpeg"/>
  <link>https://epirus.beehiiv.com/p/liberation-day</link>
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  <pubDate>Fri, 04 Apr 2025 08:17:16 +0000</pubDate>
  <atom:published>2025-04-04T08:17:16Z</atom:published>
    <dc:creator>Iniobong Uyah</dc:creator>
    <dc:creator>Alex Christidis</dc:creator>
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</style><div class='beehiiv__body'><p class="paragraph" style="text-align:left;">Trump repeatedly called April 2nd “The Liberation Day.” But is it? Aside from the obvious fact that liberation implies “freedom,” Americans and the rest of the world are anything but free at this moment. </p><p class="paragraph" style="text-align:left;">Not with Trump’s reciprocal tariffs stoking new fears across multiple industries within and outside the US. If you haven’t been following, here’s a quick look at the events leading up to Trump’s Liberation Day. </p><hr class="content_break"><div class="section" style="background-color:transparent;border-color:#1b1b1b;border-radius:4px;border-style:solid;border-width:4px;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><h3 class="heading" style="text-align:left;" id="are-you-ready-to-level-up-your-e-co">Are you ready to level up your E-Commerce business?</h3><div class="image"><a class="image__link" href="https://www.doola.com/?utm_campaign={{publication_alphanumeric_id}}&utm_source=beehiiv&utm_medium=newsletter&htrafficsource=beehiiv&el=lightningstrike_040225_ad2&_bhiiv=opp_b8187ce8-7030-44f2-80ff-412f894374bf_34746429&bhcl_id=53a0f4e4-1aa9-4148-b9ff-59a5dd92fad3_{{subscriber_id}}_{{email_address_id}}" rel="noopener" target="_blank"><img class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/618b80d1-3ff3-4baa-a324-0a57747df375/Ecommerce_Image.png?t=1741986829"/></a></div><p class="paragraph" style="text-align:left;">doola is the ultimate <a class="link" href="https://www.doola.com/?utm_campaign={{publication_alphanumeric_id}}&utm_source=beehiiv&utm_medium=newsletter&htrafficsource=beehiiv&el=lightningstrike_040225_ad2&_bhiiv=opp_b8187ce8-7030-44f2-80ff-412f894374bf_34746429&bhcl_id=53a0f4e4-1aa9-4148-b9ff-59a5dd92fad3_{{subscriber_id}}_{{email_address_id}}" target="_blank" rel="noopener noreferrer nofollow">Business-in-a-Box</a> solution for E-Commerce entrepreneurs just like you. We handle all the unsexy yet critical back-office tasks, from entity formation and bookkeeping to business analytics and tax filings, so you can focus on growing your dream business.</p><p class="paragraph" style="text-align:left;">We’ve helped over 10,000 entrepreneurs from over 175 countries start, run, and scale their E-Commerce business from anywhere in the world.</p><p class="paragraph" style="text-align:left;"><a class="link" href="https://www.doola.com/?utm_campaign={{publication_alphanumeric_id}}&utm_source=beehiiv&utm_medium=newsletter&htrafficsource=beehiiv&el=lightningstrike_040225_ad2&_bhiiv=opp_b8187ce8-7030-44f2-80ff-412f894374bf_34746429&bhcl_id=53a0f4e4-1aa9-4148-b9ff-59a5dd92fad3_{{subscriber_id}}_{{email_address_id}}" target="_blank" rel="noopener noreferrer nofollow">Start or Scale your E-Commerce business today</a></p></div><hr class="content_break"><div class="section" style="background-color:#0fe2d2;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><h2 class="heading" style="text-align:center;"><b>A Quick Throwback</b></h2></div><hr class="content_break"><div class="section" style="background-color:transparent;border-color:#0fe2d2;border-radius:2px;border-style:solid;border-width:2px;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><p class="paragraph" style="text-align:left;">During his presidency, Donald Trump made headlines by challenging traditional trade practices. He argued that many existing trade deals were hurting American workers and businesses. In response, his administration rolled out tariffs on a wide range of imported goods, including steel, aluminum, and other key products from countries like China and members of the European Union.</p><p class="paragraph" style="text-align:left;">What made these tariffs different was that they were set up as a reciprocal system. This meant that if a foreign country slapped tariffs on U.S. goods, the U.S. would return the favor by imposing similar or even higher tariffs on imports from that nation. The goal was to encourage trade partners to rethink their policies and negotiate more balanced deals. </p><p class="paragraph" style="text-align:left;">However, things seem to have taken a different turn, as the tariffs that were meant to create a better business environment now pose a threat to businesses and entrepreneurs. This begs the question, just how high is the price that entrepreneurs have to pay?</p></div><hr class="content_break"><div class="section" style="background-color:#0fe2d2;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><h2 class="heading" style="text-align:center;"><b>Liberation Day</b></h2></div><hr class="content_break"><div class="section" style="background-color:transparent;border-color:#0fe2d2;border-radius:2px;border-style:solid;border-width:2px;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><p class="paragraph" style="text-align:left;">A standout moment in this trade policy saga was President Trump’s announcement of <b>April 2nd as “Liberation Day for America.”</b> This wasn’t just another date on the calendar—it was a symbolic gesture intended to mark the start of a new era in U.S. trade policy. By choosing this day, the administration wanted to signal that American industries were finally being freed from what they viewed as unfair foreign practices.</p><p class="paragraph" style="text-align:left;">The idea was simple: by imposing these tariffs, the U.S. was reclaiming its economic independence and protecting American jobs. This message of national pride and self-reliance resonated with many, even as critics warned that such moves could lead to higher prices and strained international relationships.</p></div><hr class="content_break"><p class="paragraph" style="text-align:left;"><b>Click the link below to see the full list of countries and imposed reciprocal tariff</b></p><p class="paragraph" style="text-align:left;"><a class="link" href="https://flo.uri.sh/visualisation/22450079/embed?auto=1&utm_source=epirus.beehiiv.com&utm_medium=newsletter&utm_campaign=liberation-day#:~:text=TRUMP%20ANNOUNCES%20HIGHER%20RECIPROCAL%20TARIFF%20RATES%20FOR%20185%20COUNTRIES" target="_blank" rel="noopener noreferrer nofollow">Trump’s Reciprocal Tariffs List</a></p><hr class="content_break"><div class="section" style="background-color:#0fe2d2;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><h2 class="heading" style="text-align:center;"><b>What to expect post-Trump’s Liberation Day</b></h2></div><hr class="content_break"><div class="section" style="background-color:transparent;border-color:#0fe2d2;border-radius:2px;border-style:solid;border-width:2px;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><p class="paragraph" style="text-align:left;">In the wake of Trump’s “Liberation Day” and the introduction of reciprocal tariffs, experts suggest that businesses and entrepreneurs should be prepared for both opportunities and challenges. Here are the key points to keep in mind:</p><div class="blockquote"><blockquote class="blockquote__quote"></blockquote></div></div><hr class="content_break"><div class="section" style="background-color:transparent;border-color:#1b1b1b;border-radius:4px;border-style:solid;border-width:4px;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><h3 class="heading" style="text-align:left;" id="are-you-ready-to-level-up-your-e-co">Are you ready to level up your E-Commerce business?</h3><p class="paragraph" style="text-align:left;">doola is the ultimate <a class="link" href="https://www.doola.com/?utm_campaign={{publication_alphanumeric_id}}&utm_source=beehiiv&utm_medium=newsletter&htrafficsource=beehiiv&el=lightningstrike_040225_ad3&_bhiiv=opp_658e4a8a-2aa5-4718-8bbb-bd117c58f517_34746429&bhcl_id=ad1c31f9-031c-4279-9db2-3b087cc1f557_{{subscriber_id}}_{{email_address_id}}" target="_blank" rel="noopener noreferrer nofollow">Business-in-a-Box</a> solution for E-Commerce entrepreneurs just like you. We handle all the unsexy yet critical back-office tasks, from entity formation and bookkeeping to business analytics and tax filings, so you can focus on growing your dream business.</p><p class="paragraph" style="text-align:left;"><a class="link" href="https://www.doola.com/?utm_campaign={{publication_alphanumeric_id}}&utm_source=beehiiv&utm_medium=newsletter&htrafficsource=beehiiv&el=lightningstrike_040225_ad3&_bhiiv=opp_658e4a8a-2aa5-4718-8bbb-bd117c58f517_34746429&bhcl_id=ad1c31f9-031c-4279-9db2-3b087cc1f557_{{subscriber_id}}_{{email_address_id}}" target="_blank" rel="noopener noreferrer nofollow">Start or Scale your E-Commerce business today</a></p></div><hr class="content_break"><div class="section" style="background-color:transparent;border-color:#0fe2d2;border-radius:2px;border-style:solid;border-width:2px;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><h3 class="heading" style="text-align:center;"><b>1 </b></h3><h3 class="heading" style="text-align:center;"><b>Short-Term Boost for Domestic Industries</b></h3><p class="paragraph" style="text-align:left;">Certain sectors, like steel, automotive, and heavy machinery, may see an initial advantage as protectionist measures help reduce foreign competition. This could open up new opportunities for local suppliers and manufacturers.</p><h3 class="heading" style="text-align:center;"><b>2 </b></h3><h3 class="heading" style="text-align:center;"><b>Potential for Retaliatory Tariffs:</b></h3><p class="paragraph" style="text-align:left;">Other countries might respond with their own tariffs, potentially raising the cost of imported components. Business owners should factor in these rising costs, which could impact profit margins and consumer prices.</p><h3 class="heading" style="text-align:center;"><b>3</b></h3><h3 class="heading" style="text-align:center;"><b>Reconfiguring Global Supply Chains:</b></h3><p class="paragraph" style="text-align:left;">As companies reassess their supply networks, there could be a trend toward reshoring production. Entrepreneurs might consider investing in local production or seeking new suppliers to mitigate tariff-related risks.</p><h3 class="heading" style="text-align:center;"><b>4</b></h3><h3 class="heading" style="text-align:center;"><b>Impact on Exports, Especially in Agriculture:</b></h3><p class="paragraph" style="text-align:left;">Farmers and agricultural exporters might face reduced access to traditional markets due to retaliatory measures. Exploring new markets or diversifying products could become necessary strategies in this evolving landscape.</p><h3 class="heading" style="text-align:center;"><b>5</b></h3><h3 class="heading" style="text-align:center;"><b>Long-Term Strategy and Investment:</b></h3><p class="paragraph" style="text-align:left;">While short-term protection can boost some industries, long-term success will require a balanced approach. Businesses may need to invest in innovation and work closely with policymakers to navigate the new trade environment effectively.</p></div><hr class="content_break"><p class="paragraph" style="text-align:left;">Overall, while the immediate aftermath of these tariffs might offer some relief to domestic players, entrepreneurs, and business owners should prepare for a period of adjustment. Strategic planning, careful supply chain management, and proactive market exploration will be key to thriving in this shifting trade landscape.</p><hr class="content_break"></div><div class='beehiiv__footer'><br class='beehiiv__footer__break'><hr class='beehiiv__footer__line'><a target="_blank" class="beehiiv__footer_link" style="text-align: center;" href="https://www.beehiiv.com/?utm_campaign=9c17a0bd-a5ea-4db1-8fd7-86b6710d98bf&utm_medium=post_rss&utm_source=epirus_vc">Powered by beehiiv</a></div></div>
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      <item>
  <title>The $32 Billion Deal</title>
  <description>Google’s decision to invest 32 billion dollars in an acquisition has got the internet buzzing. Here are the lessons for founders and entrepreneurs</description>
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  <pubDate>Mon, 31 Mar 2025 15:09:05 +0000</pubDate>
  <atom:published>2025-03-31T15:09:05Z</atom:published>
    <dc:creator>Iniobong Uyah</dc:creator>
    <dc:creator>Alex Christidis</dc:creator>
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</style><div class='beehiiv__body'><p class="paragraph" style="text-align:left;">Recently, Google’s announcement of its intent to acquire Wiz for a staggering 32 billion dollars has made headlines—not just for the massive price tag but for what it represents in the world of innovation and entrepreneurship. </p><p class="paragraph" style="text-align:left;">Here’s a quick dive into why this deal is so exciting and what you, as a startup founder, can learn from Wiz’s remarkable journey.</p><hr class="content_break"><div class="section" style="background-color:transparent;border-color:#1b1b1b;border-radius:4px;border-style:solid;border-width:4px;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><h3 class="heading" style="text-align:left;">Looking for unbiased, fact-based news? Join 1440 today.</h3><div class="image"><a class="image__link" href="https://l.join1440.com/bh?utm_source=beehiiv&utm_medium=cpc&utm_campaign={{publication_name_param}}_{{publication_alphanumeric_id}}&utm_content=prospecting_winner_loser&_bhiiv=opp_1806c8cc-64cd-43aa-936c-343321d353ca_1b75ca79&bhcl_id=147a898d-b6bd-4ff2-81bd-6808b6e64040_{{subscriber_id}}_{{email_address_id}}" rel="noopener" target="_blank"><img class="image__image" style="border-radius:0px 0px 0px 0px;border-style:solid;border-width:0px 0px 0px 0px;box-sizing:border-box;border-color:#E5E7EB;" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/a9b1646f-4bf9-4f40-b009-2a9dac25497a/ADCR_FTF164_C_IntelligenceJourney_1x1_img.png?t=1740756768"/></a></div><p class="paragraph" style="text-align:left;">Join over 4 million Americans who start their day with <a class="link" href="https://l.join1440.com/bh?utm_source=beehiiv&utm_medium=cpc&utm_campaign={{publication_name_param}}_{{publication_alphanumeric_id}}&utm_content=prospecting_winner_loser&_bhiiv=opp_1806c8cc-64cd-43aa-936c-343321d353ca_1b75ca79&bhcl_id=147a898d-b6bd-4ff2-81bd-6808b6e64040_{{subscriber_id}}_{{email_address_id}}" target="_blank" rel="noopener noreferrer nofollow">1440</a> – your daily digest for unbiased, fact-centric news. From politics to sports, we cover it all by analyzing over 100 sources. Our concise, 5-minute read lands in your inbox each morning at no cost. Experience news without the noise; let 1440 help you make up your own mind. Sign up now and invite your friends and family to be part of the informed.</p><p class="paragraph" style="text-align:left;"><a class="link" href="https://l.join1440.com/bh?utm_source=beehiiv&utm_medium=cpc&utm_campaign={{publication_name_param}}_{{publication_alphanumeric_id}}&utm_content=prospecting_winner_loser&_bhiiv=opp_1806c8cc-64cd-43aa-936c-343321d353ca_1b75ca79&bhcl_id=147a898d-b6bd-4ff2-81bd-6808b6e64040_{{subscriber_id}}_{{email_address_id}}" target="_blank" rel="noopener noreferrer nofollow">Subscribe to 1440 today.</a></p></div><hr class="content_break"><div class="section" style="background-color:#10f8e6;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><h2 class="heading" style="text-align:center;">A Game-Changing Acquisition</h2></div><hr class="content_break"><div class="section" style="background-color:transparent;border-color:#10f8e6;border-radius:4px;border-style:solid;border-width:4px;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><p class="paragraph" style="text-align:left;"><span style="font-size:1.5rem;"><b>G</b></span>oogle’s decision to invest such a vast amount in Wiz is no ordinary business maneuver. It highlights the growing importance of artificial intelligence (AI) and digital transformation in today’s market. </p><p class="paragraph" style="text-align:left;">By integrating Wiz’s advanced, AI-powered cybersecurity solutions with its own expansive infrastructure, Google is not only enhancing its service offerings but also positioning itself at the forefront of the future tech landscape. </p><p class="paragraph" style="text-align:left;">This acquisition is a clear signal that established giants are keenly watching nimble startups that are pushing the envelope of innovation.</p></div><hr class="content_break"><div class="section" style="background-color:#10f8e6;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><h2 class="heading" style="text-align:center;">A little backstory</h2></div><hr class="content_break"><div class="section" style="background-color:transparent;border-color:#10f8e6;border-radius:4px;border-style:solid;border-width:4px;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><p class="paragraph" style="text-align:left;"><span style="font-size:1.5rem;"><b>W</b></span>iz began as a small venture focused on solving critical challenges in cybersecurity. By blending traditional security measures with AI and machine learning, they developed a system that not only detects threats but predicts and neutralizes them before damage is done. </p><p class="paragraph" style="text-align:left;">This relentless pursuit of innovation allowed Wiz to carve out a unique niche in a crowded market. Their agile business model and customer-centric approach ensured they were always one step ahead. </p><p class="paragraph" style="text-align:left;">For you, this is an essential lesson: continual innovation and responsiveness to customer needs are critical for sustained growth and relevance in any industry.</p></div><hr class="content_break"><div class="section" style="background-color:transparent;border-color:#1b1b1b;border-radius:4px;border-style:solid;border-width:4px;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><h3 class="heading" style="text-align:left;" id="the-first-search-engine-for-leads">The first search engine for leads</h3><p class="paragraph" style="text-align:left;"><a class="link" href="https://www.leadsforge.ai/?utm_campaign={{publication_alphanumeric_id}}&utm_source=beehiiv&_bhiiv=opp_51864418-6e27-4fe9-a823-642980cab671_5aec41b6&bhcl_id=c00fc6d4-e41f-4940-8452-304df5301646_{{subscriber_id}}_{{email_address_id}}" target="_blank" rel="noopener noreferrer nofollow">Leadsforge</a> is the very first search engine for leads. With a chat-like, easy interface, getting new leads is as easy as texting a friend! Just describe your ideal customer in the chat - industry, role, location, or other specific criteria - and our AI-powered search engine will instantly find and verify the best leads for you. No more guesswork, just results. Your lead lists will be ready in minutes!</p><p class="paragraph" style="text-align:left;"><a class="link" href="https://www.leadsforge.ai/?utm_campaign={{publication_alphanumeric_id}}&utm_source=beehiiv&_bhiiv=opp_51864418-6e27-4fe9-a823-642980cab671_5aec41b6&bhcl_id=c00fc6d4-e41f-4940-8452-304df5301646_{{subscriber_id}}_{{email_address_id}}" target="_blank" rel="noopener noreferrer nofollow">Sign & get 100 credits</a></p></div><hr class="content_break"><div class="section" style="background-color:#10f8e6;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><h2 class="heading" style="text-align:center;">The Power of Negotiation and Vision</h2></div><hr class="content_break"><div class="section" style="background-color:transparent;border-color:#10f8e6;border-radius:4px;border-style:solid;border-width:4px;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><p class="paragraph" style="text-align:left;"><span style="font-size:1.5rem;"><b>O</b></span>ne of the most compelling aspects of the Google-Wiz deal is the backstory behind the negotiations. Wiz’s leadership, confident in their disruptive technology, refused to settle for an initial offer that did not reflect their true value. Their insistence on a premium price is a testament to the strength of having a clear, compelling vision. </p><p class="paragraph" style="text-align:left;">For startup founders, this is an important reminder: <b>know your worth, stand firm on your vision, and don’t be afraid to negotiate boldly</b>. The ability to articulate your startup’s potential can attract not only investment but also high-profile partnerships that can propel your business forward.</p></div><hr class="content_break"><div class="section" style="background-color:#10f8e6;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><h2 class="heading" style="text-align:center;">Lessons for Entrepreneurs</h2></div><hr class="content_break"><div class="section" style="background-color:transparent;border-color:#10f8e6;border-radius:4px;border-style:solid;border-width:4px;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><p class="paragraph" style="text-align:left;"><span style="font-size:1.5rem;"><b>T</b></span>here are several key takeaways from Wiz’s success that every founder can apply:</p><p class="paragraph" style="text-align:left;"><b>Believe in Your Vision:</b> Hold tight to your ideas and negotiate with confidence.</p><p class="paragraph" style="text-align:left;"><b>Innovate Relentlessly:</b> Continuously push boundaries and integrate emerging technologies to keep your offerings fresh.</p><p class="paragraph" style="text-align:left;"><b>Prioritize Your Customers:</b> Listen actively to your users, as their feedback can drive product evolution and loyalty.</p><p class="paragraph" style="text-align:left;"><b>Embrace Agility:</b> Build an organization that can pivot quickly in response to market trends.</p><p class="paragraph" style="text-align:left;"><b>Foster Strong Leadership and Partnerships:</b> A dynamic team and strategic alliances are invaluable in scaling your business.</p></div><hr class="content_break"><div class="section" style="background-color:#10f8e6;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><h2 class="heading" style="text-align:center;">Final Thoughts</h2></div><hr class="content_break"><div class="section" style="background-color:transparent;border-color:#10f8e6;border-radius:4px;border-style:solid;border-width:4px;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><p class="paragraph" style="text-align:left;"><span style="font-size:1.5rem;"><b>T</b></span>he 32 billion dollar acquisition of Wiz by Google is more than just a headline—it’s a source of inspiration. It shows that with innovation, a clear vision, and bold negotiation, startups can create transformative value that catches the eye of even the largest industry players. </p><p class="paragraph" style="text-align:left;">For every founder reading this, let Wiz’s journey serve as a beacon of what is possible when passion meets perseverance. Keep pushing boundaries, stay customer-focused, and never underestimate the power of a bold idea.</p></div></div><div class='beehiiv__footer'><br class='beehiiv__footer__break'><hr class='beehiiv__footer__line'><a target="_blank" class="beehiiv__footer_link" style="text-align: center;" href="https://www.beehiiv.com/?utm_campaign=27234f9e-e457-4f29-ac0f-0255adfc6bcf&utm_medium=post_rss&utm_source=epirus_vc">Powered by beehiiv</a></div></div>
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  <title>Creative Destruction</title>
  <description>Ever wondered why some businesses that seem unstoppable suddenly disappear while new ones rise out of nowhere? That’s creative destruction in action...</description>
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  <link>https://epirus.beehiiv.com/p/creative-destruction</link>
  <guid isPermaLink="true">https://epirus.beehiiv.com/p/creative-destruction</guid>
  <pubDate>Fri, 28 Mar 2025 14:52:38 +0000</pubDate>
  <atom:published>2025-03-28T14:52:38Z</atom:published>
    <dc:creator>Iniobong Uyah</dc:creator>
    <dc:creator>Alex Christidis</dc:creator>
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</style><div class='beehiiv__body'><p class="paragraph" style="text-align:left;"><span style="font-size:1.5rem;"><b>E</b></span>ver wondered why some businesses that seem unstoppable suddenly disappear while new ones rise out of nowhere? That’s creative destruction in action. It’s the natural cycle of innovation—old industries fade away as new, better ideas take their place. It might sound harsh, but it’s what keeps economies moving forward.</p><p class="paragraph" style="text-align:left;">Think about how streaming services wiped out DVD rentals or how smartphones replaced landlines. This constant change isn’t just about technology—it happens in every industry. Let’s dive into why creative destruction happens, its ups and downs, and how to survive in a world where disruption is the norm.</p><hr class="content_break"><div class="section" style="background-color:transparent;border-color:#1b1b1b;border-radius:4px;border-style:solid;border-width:4px;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><h3 class="heading" style="text-align:left;" id="the-first-search-engine-for-leads">The first search engine for leads</h3><div class="image"><a class="image__link" href="https://www.leadsforge.ai/?utm_campaign={{publication_alphanumeric_id}}&utm_source=beehiiv&_bhiiv=opp_4f73d550-d5a3-44b7-97ac-5e18644b340d_5aec41b6&bhcl_id=5d079f7c-3bf8-4703-b2e1-46e693518bfd_{{subscriber_id}}_{{email_address_id}}" rel="noopener" target="_blank"><img class="image__image" style="" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/3da579b4-de21-43a5-9782-ebda133c3cf2/Beehive_New_IF.png?t=1740183978"/></a></div><p class="paragraph" style="text-align:left;"><a class="link" href="https://www.leadsforge.ai/?utm_campaign={{publication_alphanumeric_id}}&utm_source=beehiiv&_bhiiv=opp_4f73d550-d5a3-44b7-97ac-5e18644b340d_5aec41b6&bhcl_id=5d079f7c-3bf8-4703-b2e1-46e693518bfd_{{subscriber_id}}_{{email_address_id}}" target="_blank" rel="noopener noreferrer nofollow">Leadsforge</a> is the very first search engine for leads. With a chat-like, easy interface, getting new leads is as easy as texting a friend! Just describe your ideal customer in the chat - industry, role, location, or other specific criteria - and our AI-powered search engine will instantly find and verify the best leads for you. No more guesswork, just results. Your lead lists will be ready in minutes!</p><p class="paragraph" style="text-align:left;"><a class="link" href="https://www.leadsforge.ai/?utm_campaign={{publication_alphanumeric_id}}&utm_source=beehiiv&_bhiiv=opp_4f73d550-d5a3-44b7-97ac-5e18644b340d_5aec41b6&bhcl_id=5d079f7c-3bf8-4703-b2e1-46e693518bfd_{{subscriber_id}}_{{email_address_id}}" target="_blank" rel="noopener noreferrer nofollow">Sign & get 100 credits</a></p><p class="paragraph" style="text-align:left;"></p></div><hr class="content_break"><div class="section" style="background-color:#20dbcc;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><h2 class="heading" style="text-align:center;"><b>How Creative Destruction Has Shaped the World</b></h2></div><hr class="content_break"><div class="section" style="background-color:transparent;border-color:#20dbcc;border-radius:4px;border-style:solid;border-width:4px;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><p class="paragraph" style="text-align:left;"><span style="font-size:1.5rem;"><b>H</b></span>istory is full of examples of creative destruction. Here are just a few:</p><p class="paragraph" style="text-align:left;"><b>Cars vs. Horse-Drawn Carriages:</b> When automobiles hit the market, they didn’t just make travel faster—they put an entire industry out of business. Blacksmiths, carriage makers, and horse breeders had to find new work as roads filled with cars.</p><p class="paragraph" style="text-align:left;"><b>Film Cameras vs. Digital Photography:</b> Remember when you had to develop film to see your pictures? Digital cameras changed that overnight, leaving film companies scrambling to keep up. Some, like Kodak, failed to adapt and paid the price.</p><p class="paragraph" style="text-align:left;"><b>Streaming vs. DVDs & CDs: </b>The rise of Netflix, Spotify, and other streaming platforms made physical media nearly obsolete. No more trips to the video store—just instant access to movies and music anytime, anywhere.</p></div><hr class="content_break"><div class="section" style="background-color:#20dbcc;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><h2 class="heading" style="text-align:center;"><b>Why Does Creative Destruction Happen?</b></h2></div><hr class="content_break"><div class="section" style="background-color:transparent;border-color:#20dbcc;border-radius:4px;border-style:solid;border-width:4px;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><p class="paragraph" style="text-align:left;"><span style="font-size:1.5rem;"><b>C</b></span>reative destruction isn’t random—a few key forces drive it:</p><p class="paragraph" style="text-align:left;"><b>Better Technology:</b> When new technology makes life easier or products cheaper, people switch to the better option.</p><p class="paragraph" style="text-align:left;"><b>Changing Customer Preferences:</b> What people want today might be different tomorrow. Businesses that don’t keep up get left behind.</p><p class="paragraph" style="text-align:left;"><b>Competition:</b> Companies always look for ways to get ahead. If one business finds a better way to do something, others have to adapt or risk going under.</p><p class="paragraph" style="text-align:left;"><b>Regulations & Economic Changes:</b> Sometimes, government rules or shifts in the economy force industries to evolve—whether they like it or not.</p></div><hr class="content_break"><div class="section" style="background-color:#20dbcc;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><h2 class="heading" style="text-align:center;"><b>The Good and Bad of Creative Destruction</b></h2></div><hr class="content_break"><div class="section" style="background-color:transparent;border-color:#20dbcc;border-radius:4px;border-style:solid;border-width:4px;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><h3 class="heading" style="text-align:left;"><b>The Upside</b></h3><p class="paragraph" style="text-align:left;"><b>✔ Better Products & Services</b> – Customers win when companies compete to offer the best products at the best prices.</p><p class="paragraph" style="text-align:left;"><b>✔ Economic Growth</b> – Innovation creates new industries and job opportunities, keeping economies strong.</p><p class="paragraph" style="text-align:left;"><b>✔ More Efficiency</b> – Outdated ways of doing business get replaced by faster, smarter, and cheaper alternatives.</p><p class="paragraph" style="text-align:left;"><b>✔ New Job Opportunities</b> – While some jobs disappear, new ones emerge in industries that didn’t even exist before.</p><h3 class="heading" style="text-align:left;">The Downside</h3><p class="paragraph" style="text-align:left;">❌<b> Job Losses</b> – People working in outdated industries can struggle to find new work, creating financial hardship.</p><p class="paragraph" style="text-align:left;">❌<b> Market Instability</b> – Rapid changes can make investments risky and lead to economic uncertainty.</p><p class="paragraph" style="text-align:left;">❌ <b>Loss of Established Businesses</b> – Companies with long histories can vanish if they fail to innovate, taking jobs and traditions with them.</p><p class="paragraph" style="text-align:left;">❌<b> Widening Inequality</b> – Some people and businesses adapt quickly and thrive, while others fall behind, increasing economic gaps.</p></div><hr class="content_break"><div class="section" style="background-color:transparent;border-color:#1b1b1b;border-radius:4px;border-style:solid;border-width:4px;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><h3 class="heading" style="text-align:left;" id="the-first-search-engine-for-leads">The first search engine for leads</h3><p class="paragraph" style="text-align:left;"><a class="link" href="https://www.leadsforge.ai/?utm_campaign={{publication_alphanumeric_id}}&utm_source=beehiiv&_bhiiv=opp_bec6c347-b930-4f93-93cc-b6e11729073a_5aec41b6&bhcl_id=7840fa6f-5b98-4ea1-a450-6c17a74354f5_{{subscriber_id}}_{{email_address_id}}" target="_blank" rel="noopener noreferrer nofollow">Leadsforge</a> is the very first search engine for leads. With a chat-like, easy interface, getting new leads is as easy as texting a friend! Just describe your ideal customer in the chat - industry, role, location, or other specific criteria - and our AI-powered search engine will instantly find and verify the best leads for you. No more guesswork, just results. Your lead lists will be ready in minutes!</p><p class="paragraph" style="text-align:left;"><a class="link" href="https://www.leadsforge.ai/?utm_campaign={{publication_alphanumeric_id}}&utm_source=beehiiv&_bhiiv=opp_bec6c347-b930-4f93-93cc-b6e11729073a_5aec41b6&bhcl_id=7840fa6f-5b98-4ea1-a450-6c17a74354f5_{{subscriber_id}}_{{email_address_id}}" target="_blank" rel="noopener noreferrer nofollow">Sign & get 100 credits</a></p></div><hr class="content_break"><div class="section" style="background-color:#20dbcc;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><h2 class="heading" style="text-align:center;"><b>Surviving Creative Destruction in the Age of AI</b></h2></div><hr class="content_break"><div class="section" style="background-color:transparent;border-color:#20dbcc;border-radius:4px;border-style:solid;border-width:4px;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><p class="paragraph" style="text-align:left;"><span style="font-size:1.5rem;"><b>W</b></span>ith artificial intelligence shaking up industries faster than ever, individuals and businesses must be proactive to stay competitive. Here’s how to future-proof your career and business:</p><h3 class="heading" style="text-align:center;">1. </h3><h3 class="heading" style="text-align:center;">Never Stop Learning</h3><p class="paragraph" style="text-align:left;">AI is evolving at an incredible pace, and staying relevant means continuously upgrading your skills. This doesn’t necessarily mean going back to school—it could be online courses, industry conferences, or even just keeping up with the latest trends in your field. The most valuable workers will be those who can adapt and learn new technologies quickly.</p><h3 class="heading" style="text-align:center;">2. </h3><h3 class="heading" style="text-align:center;">Be Open to Change</h3><p class="paragraph" style="text-align:left;">Resistance to change is one of the fastest ways to fall behind. Companies that refused to believe e-commerce would take off were crushed by Amazon. Taxi companies that ignored ride-sharing were left scrambling when Uber arrived. The lesson? Stay flexible and embrace new ways of doing things rather than clinging to outdated methods.</p><h3 class="heading" style="text-align:center;">3. </h3><h3 class="heading" style="text-align:center;">Use AI to Your Advantage</h3><p class="paragraph" style="text-align:left;">Instead of fearing AI, look for ways to integrate it into your work. Automation and machine learning can make businesses more efficient, eliminate repetitive tasks, and free up time for higher-level thinking. Whether you’re an employee or a business owner, understanding how to use AI tools can give you an edge. If you’re in marketing, for example, AI can help analyze customer data. If you’re in healthcare, it can assist in diagnostics. Learn how AI applies to your industry and use it to improve your work.</p><h3 class="heading" style="text-align:center;">4. </h3><h3 class="heading" style="text-align:center;">Build a Versatile Skill Set</h3><p class="paragraph" style="text-align:left;">The more skills you have, the easier it will be to pivot when industries change. If your job is at risk of automation, look for ways to expand your expertise. Soft skills like critical thinking, creativity, and leadership will remain valuable even as AI takes over routine tasks. Technical skills such as data analysis, programming, and AI literacy can also give you a competitive advantage. The key is to be adaptable and not rely on just one skill or job title.</p><h3 class="heading" style="text-align:center;">5. </h3><h3 class="heading" style="text-align:center;">Stay Ahead of Industry Trends</h3><p class="paragraph" style="text-align:left;">Keeping an eye on where your industry is headed can help you anticipate changes before they happen. Follow experts, read reports, and watch for signs of disruption. If you see AI starting to reshape your field, start upskilling now rather than waiting until your job is at risk. Businesses should invest in innovation rather than reacting too late—those that see change coming and prepare for it will have the best chance of thriving.</p></div><hr class="content_break"><div class="section" style="background-color:#20dbcc;margin:0.0px 0.0px 0.0px 0.0px;padding:0.0px 0.0px 0.0px 0.0px;"><h2 class="heading" style="text-align:center;"><b>Final Thoughts</b></h2></div><hr class="content_break"><p class="paragraph" style="text-align:left;"><span style="font-size:1.5rem;"><b>C</b></span>reative destruction can be intimidating, but it’s also a source of opportunity. The people and businesses that embrace change, invest in new skills, and adapt to new realities will be the ones who come out on top. AI is just the latest wave of disruption—but like every major innovation before it, it’s not something to fear. It’s something to harness. The question isn’t whether industries will change; it’s whether you’re ready to change with them.</p></div><div class='beehiiv__footer'><br class='beehiiv__footer__break'><hr class='beehiiv__footer__line'><a target="_blank" class="beehiiv__footer_link" style="text-align: center;" href="https://www.beehiiv.com/?utm_campaign=d1221a35-cb78-4137-9309-55c6d99dc916&utm_medium=post_rss&utm_source=epirus_vc">Powered by beehiiv</a></div></div>
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