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Founder's Journal

The Story of Richard Branson & How to Find Product-Market Fit

Founder's Journal

Morning Brew

Entrepreneurship, Careers, Business

4.81.1K Ratings

🗓️ 14 February 2023

⏱️ 52 minutes

🧾️ Download transcript

Summary

Episode 23: Today, hosts Alex Lieberman (@businessbarista) and Jesse Pujji (@jspujji) are discussing product-market fit: how to find it, what to do when you don’t have it, and just how much you should actually worry about it. Then, Jesse and Alex jump into a discussion about billionaire Sir Richard Branson and his illustrious entrepreneurial career, his approach to starting new businesses that has made him so successful, and what we entrepreneurs can learn from his story. #TheCrazyOnes #Startups #Entrepreneur Listen to The Crazy Ones here: https://link.chtbl.com/OV4W93_W Watch The Crazy Ones here: https://www.youtube.com/@TheCrazyOnesPod (00:57) - Intro (04:55) - The Rundown (05:29) - Finding product-market fit (16:00) - How Jesse re-directed his approach after Kahani didn’t have clear product-market fit (22:57) - How Jesse approaches the problem when you don’t have a perfect market or economy for launching your product (28:50) - Why Jesse thinks no one should overly concern themselves with product-market fit (32:28) - Key tips for finding product-market fit (33:45) - The Richard Branson story (44:22) - How Richard Branson thinks about starting new businesses, and his holding company Subscribe to Morning Brew! Sign up for free today: https://bit.ly/morningbrewyt Follow The Brew! Instagram - https://www.instagram.com/morningbrew/ Twitter - https://twitter.com/MorningBrew Tik Tok - https://www.tiktok.com/@morningbrew Follow Our Hosts! Alex Lieberman (@businessbarista) Jesse Pujji (@jspujji) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Well, you just told me something funny is happening with you, so what?

0:03.3

No, no, I was just saying I'm late again, you know, of course you are.

0:06.5

And this is the expectation.

0:08.3

And I wanted to, I don't know if you guys know this because you never see you.

0:10.4

I'm not a morning person at all.

0:12.4

I was asleep 25 minutes ago.

0:15.0

Oh my god.

0:16.0

And not only that, I've been, I've been prepping for this podcast.

0:20.4

Literally since I woke up, I woke up at 7 a.m., didn't work out.

0:24.8

This is the fastest turbine tie in Beard.

0:26.8

I've ever, I've ever had to put together.

0:29.4

And that's where you're supposed to say it looks really good.

0:32.2

It does.

0:32.7

It looks great.

0:34.2

Honestly, you should have had a Guinness World Record like official judge by you.

0:39.5

Yeah.

0:40.3

I like, I'd be still sleeping right now, but my wife came in at 807 into my into our room.

0:45.0

And she's like, uh, the water guy, like the water heater guy is here.

0:48.8

Like he's going to turn off the water.

0:50.3

You know, you have to get up and take a shower right now.

0:53.9

And she had it done that.

0:55.2

I'd still be sleeping.

...

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