And there’s a simple formula for winners.
Take a product with proven demand, solve the problem better or for a more specific niche.
Example: my first brand Vibedration, cute "camelbaks" for ravers
No need to reinvent the wheel.
~THREAD~
Billions of people need to shave their facial hair (known problem)
and dollar shave positioned themselves as a low cost, high quality alternative, that's super convenient
They've grown this to a BILLION dollar brand.
Started as a computer company. They likely studied Motorola razor and black berry seeing holes in their game, knowing they could make a better phone.
Same thing with AirPods. Bluetooth headphones have been around for a decade.
But Apple does it better.
Humans needs underwear. Market size = everyone on the planet.
This brand created a fun, high quality product, that allows people to express themselves.
Similar angle to what we did at Vibedration (our market not as big)
MeUndies sold over 10mm pairs of underwear
A lot of these gurus have never built anything outside of a following and don’t understand basic principles of a successful product.
Make sure you’re on my list (in B!O) for the real shit.