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The Foundr Podcast with Nathan Chan

59: How to Create an EPIC Physical Product (PAX) which is sold over 500,000+ times with James Monsees

The Foundr Podcast with Nathan Chan

Nathan Chan

Marketing, Business, Entrepreneurship

4.8 • 662 Ratings

🗓️ 23 September 2015

⏱️ 41 minutes

🧾️ Download transcript

Summary

PAX Labs is changing the way we look at smoking. The beautiful elegance of the product is restoring luxury to the vaping world. But, developing a product that essentially sold itself for the first two years required an innovative approach to need finding. In this episode you will learn: What goes into developing a product so innovative that it is its own category The T-Shaped principle when it comes to building an effective and harmonious team How to use personal experience to develop a product that achieves immediate market response Secrets in finding that sweet spot between the product and market to achieve epic growth The "lights out" approach to mass-producing with affordability, scalability, and expertise & much more!

Transcript

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0:00.0

This is episode number 59 with James Moncees of the Founder Podcast.

0:06.9

What you need is thirst.

0:08.7

You need to be a thirsty human.

0:10.8

Who is intent on learning.

0:12.8

It's a really fascinating exploration of human potential.

0:18.6

The Founder Podcast.

0:21.6

Even the greatest entrepreneurs had help.

0:24.5

If you want to learn from the most successful founders on the planet, you are in the right place.

0:30.2

Branson, Mark Cuban, Tony Robbins, Tim Ferriss, Ariana Humpington, Steve Case, Gary V.

0:34.7

Sophia Amoroso, Barbara Corcoran, Damon John.

0:37.3

Learn from the greatest minds in business

0:39.2

today with interviews hosted by Nathan Chan. This is not your average entrepreneur podcast.

0:45.5

The Founder Podcast.

0:52.6

Hey guys, thank you so much for tuning in. Before we start today's episode, I just want to let

0:58.7

you know that our goal at founder is to help entrepreneurs succeed however we can by giving

1:04.3

away high quality content in the form of interviews, blog posts, podcasts, YouTube videos,

1:10.5

you name it. We put out so much content to help you.

1:13.6

And another interesting project that we're working on right now is partnering with world-class

1:18.5

founders like Damon John, Alexa von Tobel, Greta Van Riel, and so many more to teach crucial skills

1:25.0

like negotiation, finance, e-commerce, and so much more.

1:30.7

So if you'd like to get access to these free trainings with founders like this, which is

1:36.2

100% free, just go to founder.com forward slash free.

...

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