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Hey everyone and welcome back.

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We're doing a deep dive today.

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Oh cool.

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Into some seriously inspiring entrepreneurial success stories.

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Okay, yeah.

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I'm excited.

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You ready to get inspired?

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I'm always ready for inspiration.

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Yeah.

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Who isn't?

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That's true.

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So what kind of stories are we diving into today?

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We'll be looking at how Airbnb, Slack,

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and Warby Parker totally like.

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Wow, those are some big names.

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I know, right?

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Yeah.

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Huge successes.

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They like revolutionized their entire industries.

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Okay.

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And then like what fascinates me is how they didn't just

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like spot a problem.

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Yeah.

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They like turned it into this massive opportunity.

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Yeah, and they didn't just solve the problem.

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Yeah.

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They did it with such flair and innovation.

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Totally.

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It's like they set a whole new standard for everyone else.

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Okay, so let's start with Airbnb.

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Okay.

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Okay, so imagine San Francisco back in 2008.

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All right.

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Two guys are like looking at their rent bill

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and realizing they're about to be broke.

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No.

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I know.

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And then a huge conference comes to town

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and it drives hotel prices crazy high.

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Oof, that's like a recipe for disaster.

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It could have been.

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So what did they do?

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They had this like light bulb moment.

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Okay.

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Like wait, what if we rent out air mattresses

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in our apartment?

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Wow.

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I know, right?

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So simple, yet so brilliant.

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Totally, and they totally tapped into this unmet need

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for like affordable accommodations.

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Yeah.

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And then way more personal than a hotel.

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Way more personal than just like a sterile hotel room.

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It was genius.

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They created this whole new category of lodging.

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Yeah, they did.

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But what's even more remarkable is that Airbnb

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went beyond just like providing a bed.

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Yeah.

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They created a whole vibe.

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A vibe.

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Like a sense of community.

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Oh, I see.

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That really resonated with travelers.

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Okay, so back then social media was just taking off.

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Yeah.

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And they like pioneered this whole idea

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of a global network of like temporary neighbors.

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They understood that people craved connection.

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And authentic experiences.

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You weren't just getting a place to stay.

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Yeah.

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You're getting a taste of local life.

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Yeah.

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Scrolling through those listings, you know.

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Yes.

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Seeing real people's homes, reading their stories.

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So much more inviting than like a hotel website.

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So true.

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And it like perfectly coincided with the rise

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of what we call experiential travel.

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Okay.

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People weren't just content with sightseeing anymore.

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Yeah.

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They wanted deeper experiences.

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Like to immerse themselves.

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Yes.

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Like a local culture.

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Totally.

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And connect with people.

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Yeah.

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And create like lasting memories.

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Yeah.

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Airbnb was like tailor made for this new way of travel.

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They were ahead of the curve.

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They tapped into this yearning for authenticity.

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Yeah.

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And crafted a brand that like screamed belonging.

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It wasn't just a service.

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No, no.

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It was a whole new way to experience the world.

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Powerful stuff.

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Are you ready to dive into the world of workplace

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communication with Slack?

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Ooh, Slack.

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This one's a personal favorite for me.

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Okay.

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Why?

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It highlights the power of building in public.

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Which is this like startup concept

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of constantly improving your product.

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Based on feedback from users.

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Interesting.

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Like you're always iterating.

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Okay.

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And Slack, which totally revolutionized

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how teams communicate.

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It didn't start with some grand vision.

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It didn't.

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It was born in 2013.

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Oh wow.

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As just a simple internal tool for this gaming company.

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Oh wow.

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Slack just needed a better way to communicate.

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Within their own team.

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Exactly.

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And they ended up building this platform

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that millions use.

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Worldwide.

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Crazy huh?

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It's incredible to think that a solution

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for like one company.

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Yeah.

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Could have such a global impact.

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Totally shows the power of focusing on a real problem.

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Even if it seems small at first.

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Yeah.

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Like it's a classic example of a minimum viable product.

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Oh yeah.

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They didn't like overthink it.

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Yeah.

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They built something that worked

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and just kept refining it based on how people were using it.

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So important.

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So many startups get bogged down

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trying to create the perfect product right away.

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Go to it.

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And Slack's approach was so much more agile.

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You know?

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Like tweaking a recipe.

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Yeah.

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You start with the basic ingredients.

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And then you like taste and adjust.

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Right.

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A pinch of this, a dash of that.

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Exactly.

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Until you get that perfect balance.

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And Slack's success is like.

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Probably.

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A testament to this iterative process.

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Your user interface.

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Oh yeah.

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Is so sleek and intuitive.

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This is so easy to use.

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Compared to those clunky email chains we used.

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Oh my God, the reply-alls.

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Oh yeah.

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Oh.

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Endless.

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Slack was a breath of fresh air.

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Definitely.

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They understood that clear communication

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is key for productivity.

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Yeah.

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But that most workplace tools.

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Yeah.

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Were actually hindering it.

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With their complexity.

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Yeah, they prioritize complexity.

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Turn up your experience.

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Which is probably why.

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Probably why people enjoy using it.

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Yeah.

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It's not just about sending messages.

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Right.

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It's about creating a digital workspace.

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Yeah.

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Where teams can connect and collaborate.

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Totally.

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And share information seamlessly.

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And they made work more human.

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They did.

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The emojis and gifs.

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Okay.

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Ready for our last deep dive.

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Hit me.

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This company's story blew my mind.

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Okay.

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Warby Parker.

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Hi.

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And how they like flip the eyewear industry on its head.

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Warby Parker is a master class.

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Yeah.

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In challenging the status quo.

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Okay.

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Warby Parker is a non-industry dominated by like a few big

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players.

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With ridiculously high prices for glasses.

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Yeah.

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And they were just like, why should stylish eyewear be

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a luxury?

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Yeah.

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They basically said, see ya later middle man.

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I love it.

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They cut out all the unnecessary costs.

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Yeah.

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By designing and manufacturing their own glasses.

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Smart.

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And selling directly to consumers online.

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So you could suddenly get high quality fashionable glasses.

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Yeah.

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Had a fraction of the price.

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It was a game changer.

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Absolutely.

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For consumers who were tired of feeling ripped off.

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Totally.

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And they didn't stop there.

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They didn't.

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They recognized the importance of social responsibility.

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Especially among younger consumers.

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Yeah.

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Their buy a pair, give a pair program was brilliant.

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Oh yeah.

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Such a good example.

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Of aligning business with a social mission.

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Yeah.

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For every pair of glasses sold, they donate a pair.

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To someone in need.

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They prove that you can do good.

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Yeah.

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And do well at the same time.

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Absolutely.

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It's like, they said, hey, looking good

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shouldn't come at the expense of doing good.

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All right.

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And they made social impact.

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Yeah.

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A core part of their brand.

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Totally resonated with consumers who care

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about making a difference.

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And not forget their approach to retail.

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Oh yeah.

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They realized that the traditional model of going

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to a sterile eyewear store.

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Yeah.

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Wasn't cutting it.

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Not anymore.

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They were pioneers of the home try on experience.

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Yes.

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Making it so fun and easy.

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To find the perfect frames.

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Yeah.

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Without that pressure of a salesperson.

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I know.

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Like hovering over you.

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Yeah.

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And then they went even further with virtual try on.

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Oh yeah.

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Using augmented reality.

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So cool.

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Yeah, you can try in glasses with your phone's camera.

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It's amazing.

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They understood that buying glasses should be enjoyable.

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It should be fun.

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Not a chore.

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Right.

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And they use technology.

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Yeah.

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To create a personalized experience.

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So we've looked at Airbnb.

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Yeah.

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Slack.

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Oh.

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And Warby Parker.

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Three very different companies.

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Totally.

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But there's a common thread.

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What's that?

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Adaptability.

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Oh yeah.

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These companies weren't afraid to pivot.

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To change course based on like market trends.

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00:07:32,020 --> 00:07:32,740
Absolutely.

295
00:07:32,740 --> 00:07:33,780
Customer feedback.

296
00:07:33,780 --> 00:07:35,620
And they were constantly learning.

297
00:07:35,620 --> 00:07:35,940
Yeah.

298
00:07:35,940 --> 00:07:37,420
Iterating and refining.

299
00:07:37,420 --> 00:07:38,820
Like they had a radar.

300
00:07:38,820 --> 00:07:39,700
Sorry radar.

301
00:07:39,700 --> 00:07:41,700
For sensing changes in the market.

302
00:07:41,700 --> 00:07:42,140
Oh yeah.

303
00:07:42,140 --> 00:07:43,180
And adapting their approach.

304
00:07:43,180 --> 00:07:43,580
Yeah.

305
00:07:43,580 --> 00:07:45,140
They weren't just reacting.

306
00:07:45,140 --> 00:07:46,140
They're anticipating.

307
00:07:46,140 --> 00:07:46,700
Totally.

308
00:07:46,700 --> 00:07:47,860
That's a crucial lesson.

309
00:07:47,860 --> 00:07:48,500
Oh yeah.

310
00:07:48,500 --> 00:07:52,660
For any aspiring entrepreneur, the business landscape

311
00:07:52,660 --> 00:07:53,900
is constantly shifting.

312
00:07:53,900 --> 00:07:54,900
Always changing.

313
00:07:54,900 --> 00:07:55,380
Yeah.

314
00:07:55,380 --> 00:07:56,660
And what works today?

315
00:07:56,660 --> 00:07:58,100
Might not work tomorrow.

316
00:07:58,100 --> 00:07:58,260
Yeah.

317
00:07:58,260 --> 00:07:59,300
You need to be nimble.

318
00:07:59,300 --> 00:07:59,940
Flicable.

319
00:07:59,940 --> 00:08:02,020
And willing to embrace change.

320
00:08:02,020 --> 00:08:04,220
It's like navigating a winding road.

321
00:08:04,220 --> 00:08:04,820
Oh.

322
00:08:04,820 --> 00:08:05,340
I like that.

323
00:08:05,340 --> 00:08:06,660
You got to adjust your steering.

324
00:08:06,660 --> 00:08:07,180
Yeah.

325
00:08:07,180 --> 00:08:08,140
Speed up.

326
00:08:08,140 --> 00:08:09,300
Slow down.

327
00:08:09,300 --> 00:08:10,020
Make a U turn.

328
00:08:10,020 --> 00:08:11,780
To reach your destination.

329
00:08:11,780 --> 00:08:15,380
Sometimes those detours lead to the most amazing discoveries.

330
00:08:15,380 --> 00:08:19,020
And remember, entrepreneurship is a marathon.

331
00:08:19,020 --> 00:08:19,460
Yeah.

332
00:08:19,460 --> 00:08:20,220
Not a sprint.

333
00:08:20,220 --> 00:08:21,420
You got to pace yourself.

334
00:08:21,420 --> 00:08:21,860
Oh, there they go.

335
00:08:21,860 --> 00:08:23,460
Celebrate the small victories.

336
00:08:23,460 --> 00:08:23,700
Yeah.

337
00:08:23,700 --> 00:08:25,660
And never lose sight of that goal.

338
00:08:25,660 --> 00:08:28,540
These companies, they didn't become overnight successes.

339
00:08:28,540 --> 00:08:29,140
Right.

340
00:08:29,140 --> 00:08:30,420
They faced so many challenges.

341
00:08:30,420 --> 00:08:31,420
Such as facts.

342
00:08:31,420 --> 00:08:32,700
Moments of doubt.

343
00:08:32,700 --> 00:08:33,540
But they kept going.

344
00:08:33,540 --> 00:08:33,780
Yeah.

345
00:08:33,780 --> 00:08:35,220
Because they believed.

346
00:08:35,220 --> 00:08:36,140
They were passionate.

347
00:08:36,140 --> 00:08:36,420
Yeah.

348
00:08:36,420 --> 00:08:39,220
We often get caught up in the glamour of success.

349
00:08:39,220 --> 00:08:39,620
Coldly.

350
00:08:39,620 --> 00:08:41,740
But we forget about all the hard work.

351
00:08:41,740 --> 00:08:42,420
The hustle.

352
00:08:42,420 --> 00:08:43,460
The long hours.

353
00:08:43,460 --> 00:08:45,420
It's not always pretty.

354
00:08:45,420 --> 00:08:45,780
No.

355
00:08:45,780 --> 00:08:47,340
But it's so rewarding.

356
00:08:47,340 --> 00:08:48,060
It is.

357
00:08:48,060 --> 00:08:50,300
I picture these entrepreneurs as rock climbers.

358
00:08:50,300 --> 00:08:51,140
Oh, yeah.

359
00:08:51,140 --> 00:08:52,500
Scaling a cliff face.

360
00:08:52,500 --> 00:08:54,300
Hanging on by their fingertips.

361
00:08:54,300 --> 00:08:55,980
Wondering if they can make it to the next hole.

362
00:08:55,980 --> 00:08:57,500
But they keep pushing forward.

363
00:08:57,500 --> 00:08:59,540
Driven by determination.

364
00:08:59,540 --> 00:09:00,820
Fueled by passion.

365
00:09:00,820 --> 00:09:03,980
And that's what separates the dreamers from the doers.

366
00:09:03,980 --> 00:09:04,780
Yeah.

367
00:09:04,780 --> 00:09:06,020
Anyone could have an idea.

368
00:09:06,020 --> 00:09:08,220
But it takes courage to bring it to life.

369
00:09:08,220 --> 00:09:09,540
So much hard work.

370
00:09:09,540 --> 00:09:12,380
These entrepreneurs weren't afraid to get their hands dirty.

371
00:09:12,380 --> 00:09:13,380
To experiment.

372
00:09:13,380 --> 00:09:14,020
To fail.

373
00:09:14,020 --> 00:09:15,140
And learn from it.

374
00:09:15,140 --> 00:09:16,820
So if you're feeling inspired.

375
00:09:16,820 --> 00:09:17,300
Yeah.

376
00:09:17,300 --> 00:09:19,340
Don't let the shiny facade fool you.

377
00:09:19,340 --> 00:09:19,900
Yeah.

378
00:09:19,900 --> 00:09:21,540
Entrepreneurship is challenging.

379
00:09:21,540 --> 00:09:22,460
It is.

380
00:09:22,460 --> 00:09:23,940
Filled with uncertainty.

381
00:09:23,940 --> 00:09:24,860
Risk.

382
00:09:24,860 --> 00:09:25,740
Long hours.

383
00:09:25,740 --> 00:09:27,580
Definitely not for the faint of heart.

384
00:09:27,580 --> 00:09:28,940
But it's so rewarding.

385
00:09:28,940 --> 00:09:31,220
There's nothing like building something from scratch.

386
00:09:31,220 --> 00:09:33,300
Seeing your vision come to life.

387
00:09:33,300 --> 00:09:34,300
Making an impact.

388
00:09:34,300 --> 00:09:36,220
If you have a burning passion.

389
00:09:36,220 --> 00:09:36,700
Yeah.

390
00:09:36,700 --> 00:09:39,500
An idea that won't let you sleep.

391
00:09:39,500 --> 00:09:41,660
Don't let fear hold you back.

392
00:09:41,660 --> 00:09:43,780
Embrace the journey.

393
00:09:43,780 --> 00:09:45,060
All those ups and downs.

394
00:09:45,060 --> 00:09:46,300
Be where it leads.

395
00:09:46,300 --> 00:09:47,580
It's those ups and downs.

396
00:09:47,580 --> 00:09:48,100
Yeah.

397
00:09:48,100 --> 00:09:49,060
The twists and turns.

398
00:09:49,060 --> 00:09:50,300
Oh, and is it worthwhile?

399
00:09:50,300 --> 00:09:53,140
You learn more from your failures than your successes.

400
00:09:53,140 --> 00:09:53,740
So true.

401
00:09:53,740 --> 00:09:54,940
You develop resilience.

402
00:09:54,940 --> 00:09:56,260
And resourcefulness.

403
00:09:56,260 --> 00:09:57,940
That'll help you in all aspects of life.

404
00:09:57,940 --> 00:09:59,740
And who knows, maybe someday.

405
00:09:59,740 --> 00:10:00,220
Yeah.

406
00:10:00,220 --> 00:10:01,860
We'll be featuring your story.

407
00:10:01,860 --> 00:10:03,260
On a future deep dive.

408
00:10:03,260 --> 00:10:04,980
Until then.

409
00:10:04,980 --> 00:10:05,780
Keep learning.

410
00:10:05,780 --> 00:10:06,820
Keep exploring.

411
00:10:06,820 --> 00:10:08,300
Keep pushing the boundaries.

412
00:10:08,300 --> 00:10:10,100
The world needs your talents.

413
00:10:10,100 --> 00:10:12,500
Your unique perspectives.

414
00:10:12,500 --> 00:10:14,420
That's it for our deep dive today.

415
00:10:14,420 --> 00:10:14,700
Yeah.

416
00:10:14,700 --> 00:10:17,860
Into these amazing entrepreneurial success stories.

417
00:10:17,860 --> 00:10:19,020
Hope you enjoyed it.

418
00:10:19,020 --> 00:10:20,540
We hope you found it insightful.

419
00:10:20,540 --> 00:10:21,580
Inspiring.

420
00:10:21,580 --> 00:10:23,500
And maybe even a little bit challenging.

421
00:10:23,500 --> 00:10:25,060
Until next time.

422
00:10:25,060 --> 00:10:41,100
Keep those entrepreneurial spirits burning bright.