12 episodes

We're learning step-by-step strategies entrepreneurs use to grow!

How I Fixed It Madhav Malhotra

    • Business

We're learning step-by-step strategies entrepreneurs use to grow!

    #12 A People's Game - Jesse Meek | CodeLingo

    #12 A People's Game - Jesse Meek | CodeLingo

    Jesse is the cofounder of CodeLingo, a startup building tools to help developers collaborate THROUGHOUT their work. I talk to Jesse about his unexpected path in entrepreneurship and lessons selling to developers instead of ordinary consumers!  

    To learn more about CodeLingo, visit https://codelingo.io 

    P.S. Some fancy words Jesse used:
    - Codebase: All of the code used in an application.
    - Pull Request: a process after a small piece of code has been written and tested, where it is added to all the existing code in an application.
    - Technical debt: the cost of choosing an easy solution now vs. a harder solution that is more efficient in the long run.
    - Devtools: developer tools. These are softwares that help programmers while they code.
    - Github: A website that lets programmers store and share their code with others, who can copy and modify this code.
    - API: Application Programming Interface. Fancy term for a tool others can use to interact with your code, even from different computers.
    - Principles: the guiding 'rules' of a company.
    - Vision: what the future world looks like if a company achieves its goals.
    - ToFu: Top of funnel (ex: a customer visits a website). MoFu: Middle of Funnel (ex: a customer asks for product specifications). BoFu: Bottom of funnel (ex: a customer adds a product to their cart).
    - The funnel: the sales funnel. A model where a lot of customers hear about a company, a few try the product, fewer still end up buying, and so on. Fewer customers at the end of the sales process are like the narrowing neck of a real-life funnel.
    - Funnel activities: At each step, a business does 'activities' to keep customers going to the next step, like making an engaging website to keep customers from clicking away before seeing the product.
    - Stickyness: Just a word to describe how well something retains customers. Ex: If the business' newsletter doesn't have readers unsubscribing, it is 'sticky'.
    - Churn: The % of customers a business loses over time. Ex: Subscribers that cancel their subscription each month.  
    - Boilerplate: Repetitive code that follows a template, without any unique parts. Ex: Code to login to a website.  

    Timeline
    00:00 Introduction
    02:30 Solving Problems for Yourself
    05:54 How the Product Works
    07:28 Differentiating the Product
    09:41 Marketing 101
    12:38 Pitching to Developers
    15:12 Pitching to Commercial Buyers
    17:26 Authentic Entrepreneurship

    • 22 min
    #11 Decades of Saving Lives in Biotech - David Mead | Varigen Biosciences

    #11 Decades of Saving Lives in Biotech - David Mead | Varigen Biosciences

    Dr. Mead has decades of experience working on biotechnology, patenting a method called TA Cloning which has sold over a billion dollars! And now, he's working on another company that could help discover drugs from nature 10x more quickly.  

    To learn more about Varigen, visit http://varigenbiosciences.com/ 

    P.S. Dr. Mead used a LOT of technical terms. I defined them all here: https://cutt.ly/VWMHMJ2 

    Timeline
    00:00 Introduction
    01:23 Dr. Mead's career path
    06:31 Mini-science brief
    08:32 Upside of academic setting
    09:32 Following your interest
    10:56 Challenges in academia + biotech
    12:17 How to find biotech problems
    13:23 Upside of industrial setting
    14:24 Lessons learned the hard way
    18:21 Dr. Mead's latest work
    22:15 What's next for Dr. Mead

    • 23 min
    #10 How to lead others? Start with yourself - Paige Whitehead | Nyoka Design Labs

    #10 How to lead others? Start with yourself - Paige Whitehead | Nyoka Design Labs

    Paige is the cofounder of Nyoka Design Labs, a biotechnology startup that uses microbes to replace harsh chemicals. I talk to Paige about her unexpected path in entrepreneurship as she learned to lead on the job!  

    These are some books Paige recommends to learn about leadership and self-awareness:
    - Tools of Titans by Tim Ferris
    - The Lean Startup by Eric Ries
    - The Secret Life of Your Mind by Mariano Sigman
    - Whole Earth Discipline by Stewart Brand
    - The Hidden Reality by Brian Greene
    - 419 by Will Ferguson  

    To learn more about Nyoka, visit https://www.lightbynyoka.com/

    P.S. Some fancy words Paige used:
    - Bioluminescence: when living organisms create light
    - UVic: the University of Victoria in Canada
    - Kickstarter: a fundraising platform where anyone can contribute or start a project
    - IndieBio: a startup accelerator that helps biotechnology companies grow  

    Timeline
    00:00 Introduction
    01:10 How did you start?
    03:16 Transition to entrepreneurship
    05:11 Curiousity behind leadership
    08:20 Complementary team strengths
    09:54 How to identify strengths
    12:16 Building confidence to lead
    15:00 Just do it
    17:44 Making contrarian decisions
    20:16 Recommended Resources

    • 25 min
    #9 The Mom Market - Julie Cole | Mabel's Labels

    #9 The Mom Market - Julie Cole | Mabel's Labels

    Julie is one of the cofounders of Mabel's Labels, a company that makes durable labels for lunchboxes, and many other things! I talk to Julie about her initial beginning, teamwork, and how she navigated her company's expansion.



    You can visit Mabel's Label's here:  https://mabelslabels.com/en_US/



    Chapters:



    Chapters:

    0:00 Intro

    1:06 Who is Julie Cole?

    5:35 Origin of Mabel's Labels

    8:11 The mom market

    9:03 Romanticized entrepreneurship and building community

    12:22 Educating your market

    14:00 Making the original product to streamlining

    15:38 What to do when feeling discouraged

    18:04 You're not alone

    18:53 Meeting the team

    20:40 Don't close yourself to one thing

    22:00 Work on the business, not in the business

    27:16 The importance of attitude

    30:00 Delegation

    31:00 What would you do differently?

    • 34 min
    #8 Reflection: How to Understand Users AND Yourself - Javier Sanchez Mejorada | Afino

    #8 Reflection: How to Understand Users AND Yourself - Javier Sanchez Mejorada | Afino

    Javier is the cofounder of Afino, a startup that helps employees better engage with remote work. I talk to Javier about his experience with understanding users' needs and growing his own self-awareness!  

    These are some books Javier recommends to learn about building products:
    - The Lean Startup by Eric Ries
    - Inspired by Marty Cagan
    - Purple Cow by Seth Godin  
    To learn more about Afino, visit www.afino.io  

    P.S. Some fancy words Javier used:
    - QICSI: The Queens Innovation Centre Summer Initiative. An entrepreneurship accelerator that Javier attended at his university.
    - 5 Whys: A process where you ask why five times to find the root cause of a problem. More information here: www.atlassian.com/team-playbook/plays/5-whys
    - MVP: Minimum viable product. The most basic version of a product that entrepreneurs can create to check their ideas.
    - Product Hunt: A platform that compiles new startup products from around the world.  

    Timeline
    00:00 Introduction
    01:20 How did you start?
    02:58 Pivots in the Pandemic
    04:25 Finding the root cause
    10:31 Real problems vs. user ideas
    13:45 Hard lessons learned
    16:03 Testing prototypes
    17:25 Measuring progress
    20:55 Reading recommendations
    22:35 How to read   
    24:02 Life routines

    • 31 min
    #7 Checking Your Demographic - Alessandra Amato | Algi

    #7 Checking Your Demographic - Alessandra Amato | Algi

    Alessandra is the cofounder of Algi, a company that makes energy bars with algae! I talk to Alessandra about her company, how she's navigating sustainability, and how we as consumers can navigate those same issues.  

    You can visit Algi at:   http://algifoods.com



    Chapters:

    0:00 Intro

    1:25 What does the bar taste like?

    3:17 Getting people to try something new

    4:30 Sustainability

    9:07 Target demographics

    14:55 Reflecting progress

    15:27 Organizing/action plans

    21:49 What to do when you feel like you aren't making progress

    25:42 Celebrating

    • 27 min

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