The Way of Product with Caden Damiano

Successful Startup Case Study and How to Prevent you Startup From Failing Before it Even Starts: Insights from Danny Morrow of Extend Payments | Ep 105

11.30.2023 - By Caden DamianoPlay

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In this podcast, Danny Morrow, co-founder and Chief Innovation Officer at Extend Payments, shares valuable insights about his personal and professional growth. He discusses the magic of taking an idea to a successful startup, emphasizing the critical role of building culture, attracting the right team, and instilling a continuous learning mindset. He recounts how Extend Payments was conceived and developed and highlights the significance of creating a solid product-market fit, fostering strong relationships, and maintaining humility in the face of success. A central theme of his narrative is the importance of iterating, feedback, and remaining open to change and growth.

Connect with Danny: https://www.linkedin.com/in/danny-morrow/

Careers at Extend: https://www.paywithextend.com/careers

Subscribe to the Way of Product Newsletter: www.wayofproduct.com

00:36 The Journey from CTO to Chief Innovation Officer

03:12 The Role of a Chief Innovation Officer

03:22 The Intersection of Design and Technology

03:59 The Evolution of a Career in Technology

04:31 Building a Team and a Company Culture

05:13 The Role of Creativity in Technology

10:13 The Journey to Founding Extend

11:09 The Challenges and Rewards of Starting a Company

11:58 The Importance of Curiosity and Learning in a Startup

12:13 The Magic of Design and Technology

21:58 The Story of Extend's Inception

26:52 The Importance of Founder-Market Fit

28:40 The Excitement of Learning a New Industry

29:22 The Importance of Building a Strong Team

30:27 The Art of Delegation and Trust

32:48 Building a Positive Company Culture

34:11 The Evolution of a Startup

38:09 The Role of Creativity in Business

40:55 The Journey of Building a Product

43:15 The Importance of Feedback and Continuous Improvement

46:17 The Process of Marketing and Sales

54:56 Reflections on the Journey and the Future

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