Interview with Justin Tan, a founder of Video Husky on the TropicalMBA podcast. His video editing subscription business grew to $100k per month in 4 years.
The interview covers:
► Geo-arbitrage by hiring inexpensive staff in the Philippines.
► Validating the idea in 90 days by getting 10 customers.
► Efficiency Gap vs Knowledge Gap – sell to customers that already understand the product instead of having to educate them.
► Market Channel Fit – Finding an efficient way to reach your customers.
Big Idea: Productized services are limited scope offerings for a fixed price. It can be a much better business model than the custom work an agency typically does.