Advice Line: What’s Your Value?
This special mashup episode of the Advice Line features Guy Raz helping three entrepreneurs with positioning and growth challenges, joined by four former How I Built This guests: Miguel McKelvey (WeWork co-founder), Alexa Hirschfeld (Paperless Post co-founder), and Pete Maldonado and Rashid Ali (CHOMPS co-founders).
- 01
Miguel McKelvey advised focusing pop-up demonstrations during the 8-week Christmas season when most gifts are purchased
- 02
Alexa Hirschfeld recommended positioning products around the specific problem they solve rather than describing features
- 03
Pete Maldonado emphasized that 30% gross margins work for artisanal products but may need improvement for broader retail
- 04
Rashid Ali suggested hiring based on complementary skills: 'I looked at him and he was like the perfect complement to my skill set'
- 05
Amanda's Woofsee dog enrichment cards solve the problem that 'most people just think of physical exercise, not mental exercise'
- 06
Mark's premium pesto at $16.99-$22 per jar uses Parmigiano-Reggiano, making it 'the most expensive pesto in the market'
- 07
Megan's Sheiky Wrap received a patent for reusable gift wraps made from certified recycled plastic fabrics
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