Mar 16, 2022 · 15m · founders-journal

Great Startup Ideas, Bad Businesses

Alex Lieberman · 14m spoken
0:00 / 0:00

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In this episode of Founders Journal, Alex Lieberman examines why intuitive startup concepts often fail as sustainable businesses, dissecting traps such as personal CRMs and two-sided marketplaces. He equips entrepreneurs with strategic frameworks to evaluate commercial viability, substitution risks, and execution hurdles before building.

Statements from this episode (3)

Insight
Note-taking apps fail unless they are 10x better than Apple Notes
“Note-taking apps in general, which also I pretty much agree with most of the time, unless the functionality is really 10 X better. Because at the end of the day, most of the notes that I'm taking are on my Mac, on literally like the Apple Notes app, and it is …”
Alex Lieberman Mar 16, 2022 ▶ 2:35
Opinion
Alex Lieberman: Personal CRMs are a 'shitty business to build'
“With that, organizing your conversations and relationships makes a ton of sense, but unfortunately, I think there are enough good free products, not enough functionality differentiation you can make to make it worthwhile to pay for something, and I think it ru…”
Alex Lieberman Mar 16, 2022 ▶ 10:01
Insight
Finishing second in a two-sided marketplace is a recipe for failure
“Businesses with network effects are generally winner-take-all markets, which means that finishing second as a two-sided marketplace is generally a recipe for failure.”
Alex Lieberman Mar 16, 2022 ▶ 14:03
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