Why You Shouldn't Copy Billion Dollar Companies | Ep. #716

Nomzy Stholly

5 min

Investing & Markets

Description

In episode #716, Eric and Neil discuss why you shouldn’t copy the strategies of billion dollar companies. Tune in to hear why corporations don’t have all the answers. TIME-STAMPED SHOW NOTES: <ul> <li>[00:27] Today’s Topic: Why You Shouldn't Copy Billion Dollar Companies</li> <li>[00:42] A lot of the things big companies do, don’t make sense.</li> <li>[00:55] Companies like <a href="https://slack.com/">Slack</a> have the high valuation.</li> <li>[01:13] They ran a commercial, but the commercial didn’t completely explain what Slack actually is.</li> <li>[01:50] If you are in marketing, you have to have good messaging and a good story.</li> <li>[02:15] Your product is not a consumer-based product and is probably more complex.</li> <li>[02:45] Eric watches <a href= "https://www.amazon.com/Man-High-Castle-Season/dp/B00RSGIVVO"> The Man in the High Castle</a> and he recommends it.</li> <li>[03:00] However, the recent marketing campaign for this show involved covering the inside of subway cars with full Swastikas. It was a confusing ad campaign.</li> <li>[03:30] If you don’t know the show, this campaign was probably jarring.</li> <li>[03:50] You have to be smart with your branding and think of long-term repercussions.</li> <li>[04:43] You want to answer objections.</li> <li>[05:00] That

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Episodes

Why You Shouldn't Copy Billion Dollar Companies | Ep. #716

Nomzy Stholly

5:56