Now We Build

Now We Build

By Sam MarchantBusinessTechnology
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Now We Build episodes

  • The power of community-led growth: €130m revenue and 300k travellers - with WeRoad's Fabio Bin

    In this conversation, Fabio Bin, co-founder of WeRoad, shares the journey of building a travel community focused on connecting solo travelers. He discusses the importance of targeting the right audience, validating the concept through social media, and the unique role of travel coordinators in enhancing the travel experience. As the business scaled, maintaining customer connection and adapting marketing strategies post-COVID became crucial. Fabio emphasizes the significance of community engagement and the need to navigate generational shifts in travel preferences. He also highlights common mistakes in building community-based businesses and offers valuable advice for founders.



    Key takeaways


    • The idea for WeRoad was born from a need for solo travelers to connect with others.
    • Targeting millennials and young professionals was key to WeRoad's success.
    • Mood-based travel categorization helps match travelers with similar interests.
    • Building trust with customers was essential in the early days of WeRoad.
    • Travel coordinators play a vital role in enhancing the travel experience.
    • Maintaining customer connection is challenging but crucial as the business scales.
    • Post-COVID, marketing strategies have shifted to focus on accountability and creativity.
    • Community engagement is about real connections, not just a large audience.
    • Generational shifts in travel preferences require adapting marketing narratives.
    • Founders should focus on building genuine communities rather than just tech solutions.




    Chapters


    00:00 Introduction to WeRoad and Its Founding Story

    02:56 Targeting the Right Audience: Age and Mood-Based Travel

    05:36 Building Trust and Validating the Concept

    08:11 The Role of Travel Coordinators in Enhancing Experience

    11:07 Scaling the Business and Maintaining Customer Connection

    13:40 Adapting Marketing Strategies Post-COVID

    16:18 Community Engagement and Customer Retention

    18:58 Navigating Generational Shifts in Travel Preferences

    21:45 Common Mistakes in Building Community-Based Businesses

    24:21 Final Thoughts and Advice for Founders



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    44 min
  • How to turn every hire into a superstar, and building and exiting Modern Milkman - with Paul White

    In this conversation, Paul White shares the journey of launching The Modern Milkman, a business that emerged from a desire to address environmental issues and support local farmers. He discusses the challenges faced during the COVID-19 pandemic, the importance of operational efficiency, and the transition to full-time commitment. Paul emphasizes the significance of finding the right co-founder, the lessons learned from The Modern Milkman that informed his new venture, Patch, and the role of storytelling in attracting investors. He concludes with valuable advice for aspiring entrepreneurs.



    Key takeaways


    • The idea for Modern Milkman was sparked by environmental concerns.
    • COVID-19 presented both challenges and opportunities for growth.
    • Operational efficiency is crucial for scaling a delivery business.
    • Finding the right co-founder can significantly impact success.
    • Validating your business idea is essential before going all in.
    • Storytelling is a powerful tool for attracting investors.
    • Building a purpose-driven business can create social impact.
    • Navigating funding requires a proactive approach and personal connections.
    • Learning from past experiences can inform future ventures.
    • Commitment and passion are key to entrepreneurial success.



    Chapters


    00:00 The Birth of Modern Milkman

    02:52 Navigating COVID-19 Challenges

    05:46 Growth and Operational Strategies

    08:36 The Transition to Full-Time Commitment

    11:34 Lessons Learned and Validation

    14:29 Investor Dynamics During COVID-19

    17:23 Post-Exit Reflections and New Ventures

    20:11 Finding the Right Co-Founder

    22:42 Launching Patch: A New Approach

    25:44 Social Impact and Business Values

    27:38 Challenges in Current Market

    29:57 Advice for Aspiring Founders

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    43 min
  • Why brands must stop overlooking neurodivergent customers - with Olly Markeson

    In this conversation, Sam speaks with Olly Markeson, a seasoned brand strategist with experience at Virgin and Fallon London. They discuss Olly’s journey in brand strategy, the importance of balancing brand personality with business propositions, and the significance of cultural relevance in branding. Olly shares insights on launching Skoda's first electric vehicle, the challenges of brand ownership for founders, and the impact of neurodiversity on consumer experience. The conversation concludes with advice for brands on being brave and authentic in their messaging.



    Key takeaways


    • Ollie was highly recommended by Darren for his expertise.
    • His career began at Procter & Gamble before moving to Virgin.
    • At Virgin, he learned the importance of brand values.
    • Balancing brand personality with business strategy is crucial.
    • Small moments can create significant emotional connections with consumers.
    • Hiring for brand alignment is essential for startups.
    • Cultural relevance is key when expanding into new markets.
    • Ollie transitioned to Fallon London to work on iconic brands.
    • Launching Skoda's EV required leveraging existing brand equity.
    • Neurodiversity is a significant factor in consumer behaviour.



    Chapters


    00:00 Introduction and Background

    02:55 Brand Strategy at Virgin

    05:18 Balancing Brand Personality and Business Proposition

    08:03 Hiring for Brand Alignment

    10:48 Cultural Relevance in Brand Strategy

    13:38 Transition to Fallon London

    16:16 Launching Skoda's Electric Vehicle

    19:16 Challenging Category Norms

    21:46 Building Trust with Clients

    24:28 Founders and Brand Ownership

    27:25 Neurodiversity and Brand Strategy

    30:06 The Birth of NeuroHouse

    32:36 Improving Customer Experience for Neurodivergent Consumers

    35:24 AI and Brand Interaction

    38:03 Final Thoughts and Advice

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    48 min
  • How to drive growth for regulated products, and raising €50m from VCs - with Sophie Halliot

    In this conversation, Sophie Halliot shares her journey from banking to leading marketing strategies in the fintech space. She discusses the challenges of marketing a personal finance tool, the importance of relatable content, and the evolution of marketing channels. Sophie emphasizes the significance of data-driven decisions in product development and the transition from B2C to B2B marketing with the launch of Bridge. She also provides valuable insights for fintech founders on building trust and leveraging AI in marketing.



    Key takeaways


    • The mission of helping people manage their money is inspiring.
    • Initial marketing efforts faced challenges due to seasonal spending habits.
    • Diversifying marketing channels is crucial for sustainable growth.
    • Creating relatable content is key in personal finance marketing.
    • Understanding different audience segments helps tailor messaging.
    • Data-driven decisions can inform product development and marketing strategies.
    • Not all campaigns will succeed; testing is essential.
    • Team collaboration and creative brainstorming drive successful campaigns.
    • Balancing acquisition and brand recognition is vital in finance.
    • AI can enhance productivity and creativity in marketing.



    Chapters


    00:00 Introduction to Consumer Fintech

    01:05 Sophie’s Journey into Banking and Fintech

    02:46 Initial Challenges in Marketing Strategy

    04:24 Shifting to Video Marketing and Diversifying Channels

    06:25 Creating Relatable Content for Personal Finance

    09:25 Understanding Different Audience Segments

    11:30 Data-Driven Product Development

    12:11 Campaign Successes and Failures

    14:22 Team Dynamics and Creative Processes

    16:10 Balancing Acquisition and Brand Recognition

    19:00 Evolving Marketing Channels

    20:46 The Birth of Bridge and Open Banking

    23:30 Transitioning from B2C to B2B Marketing

    28:47 Advice for FinTech Founders

    31:08 The Role of AI in Marketing

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    35 min
  • Why founders must prioritise mental health and exiting e-bot7 for $60m - with Xaver Lehmann

    In this conversation, Xaver Lehmann shares his entrepreneurial journey, starting from his initial foray into the startup world with E-Bot 7, a customer service automation platform, to his experiences with team building, product-market fit, and navigating the challenges of early AI technology. He discusses the importance of hiring for attitude, the strategies used for customer acquisition, and the decision-making process behind selling E-Bot 7. Following the sale, Xaver reflects on his health struggles and the launch of his second company, Fidlab 7, before transitioning to his current project, The Honest Founder, where he aims to support other founders through shared experiences and insights.



    Key takeaways


    • Xaver initially aimed to be an investment banker before entering the startup world.
    • E-Bot 7 was born from a desire to improve customer service.
    • The AI landscape was challenging and underdeveloped in 2016.
    • Finding product-market fit was a gradual process involving customer feedback.
    • Building a team was difficult due to limited resources and experience.
    • Hiring for attitude proved more effective than hiring based on resumes.
    • Word of mouth and networking were key to acquiring customers.
    • The decision to sell E-Bot 7 was influenced by market conditions and offers.
    • Fidlab 7 was launched to explore the potential of video in AI.
    • The Honest Founder was created to share experiences and support other founders.



    Chapters


    00:00 The Journey Begins: From Investment Banking to Startups

    02:55 E-Bot 7: The Birth of an Idea

    05:50 Navigating Early Challenges in AI

    08:44 Validating the Product: Finding Market Fit

    11:37 Building a Team: Lessons in Hiring

    14:24 From Concept to Product: Collaborating with Customers

    18:26 Navigating Product-Market Fit

    21:51 Strategies for Customer Acquisition

    22:14 Deciding When to Sell

    25:04 The Journey of a Second Startup

    29:18 Building the Honest Founder Community

    33:10 Understanding Founder Burnout


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    39 min
  • How to best approach launching a new startup | Leo Feinberg on scaling and exiting AcceloWeb & CloudEndure

    In this conversation, Leo shares his entrepreneurial journey, starting from the ideation phase of his first startup, AcceloWeb, through its acquisition, to launching CloudEndure and now Verax AI. He discusses the importance of frugality, structure, and building a positive company culture. Leo emphasizes the significance of partnerships and navigating the complexities of enterprise sales, especially in the AI landscape. He reflects on his experiences at AWS and how they shaped his approach to building successful companies.


    Key takeaways


    • The ideation process is crucial for startup success.
    • Frugality can be a key factor in survival during early stages.
    • Building a strong company culture leads to employee retention.
    • Partnerships are essential for navigating complex ecosystems.
    • Understanding enterprise concerns is vital for sales success.
    • The transition to a larger corporate environment can be challenging.
    • AI presents both opportunities and challenges for startups.
    • Data-driven decision-making is essential for growth.
    • Maintaining a low burn rate is important in uncertain markets.
    • Founders should be open to sharing their experiences with others.


    Chapters


    00:00 The Genesis of AcceloWeb

    04:39 Navigating the Ideation Process

    09:11 Frugality and Structure in Startups

    13:52 The Path to Acquisition

    18:28 Transitioning to CloudEndure

    23:05 Building for Growth and Scale

    24:27 Hiring for Culture and Respect

    27:01 Identifying Superstar Traits

    30:20 The Importance of Non-Technical Skills

    30:46 Crafting Successful Partnerships

    31:55 Experiences at AWS

    33:51 Launching Verax AI

    35:48 Navigating AI's Impact on Business

    37:14 Overcoming AI Adoption Challenges

    39:13 B2B Sales in the AI Landscape

    41:27 Fundraising Strategies for AI Startups

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    51 min
  • Building a $21bn fintech with 25m customers worldwide - with Oliver Hughes

    In this conversation, Oliver Hughes shares his remarkable journey from scaling Visa's operations in Russia to leading Tinkoff Bank and now TBC Bank in Georgia. He discusses the challenges of building a digital bank, the importance of fundraising, and the strategic decisions that have shaped his career. Oliver emphasizes the significance of company culture, the role of technology in banking, and the exciting opportunities in emerging markets. He also highlights the innovative use of AI in enhancing customer experience and the importance of understanding local markets for successful expansion.


    Key takeaways


    * Scaling Visa from $1 billion to $100 billion was a monumental task.

    * Building Tinkoff Bank involved navigating numerous existential crises.

    * Fundraising is crucial; without it, there is no business.

    * Cultural fit is essential when hiring for a growing company.

    * Understanding local markets is key to successful expansion.

    * AI can significantly enhance customer experience in banking.

    * The importance of a strong company culture cannot be overstated.

    * Strategic sequencing in product rollout is vital for growth.

    * Emerging markets present unique opportunities for digital banking.

    * Building a team with the right mindset is critical for success.


    Chapters


    00:00 Introduction and Early Career Highlights

    02:46 Scaling Visa in Russia

    05:32 Transition to Tinkoff Bank

    08:21 Challenges and Existential Moments at Tinkoff

    11:02 Fundraising Strategies and Investor Insights

    14:00 Joining TBC Bank and New Opportunities

    16:43 Impact and Changes at TBC Bank

    18:29 Building a Profitable Digital Bank

    20:58 Strategic Sequencing in Product Rollout

    22:24 Cultivating Company Culture During Growth

    26:03 Market Entry Strategies and Considerations

    31:10 Innovations in FinTech and AI Solutions

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    40 min
  • Leading marketing at Apple & L'Oreal and how startups with no budget can beat corporates - with Darren Goode

    In this conversation, Darren Goode shares his extensive experience in marketing, particularly at L'Oreal and in startups like Elvie and Zumper. He discusses the importance of innovation, understanding consumer needs, and building trust in marketplace businesses. The conversation highlights the transition from corporate marketing strategies to more agile and empathetic approaches in startups, especially in the FemTech sector. Darren emphasizes the significance of storytelling, product advocacy, and localization when expanding into new markets.


    Key takeaways


    • L'Oreal's focus on innovation was a key factor in its success.
    • Understanding consumer needs is crucial for effective marketing.
    • Brand storytelling can differentiate products in a crowded market.
    • Startups require a different approach to marketing than corporates.
    • Building trust is essential in marketplace businesses.
    • Product advocacy can be cultivated through user experiences.
    • Localization is important when expanding into new markets.
    • Clear narratives help in connecting with target audiences.
    • Empathy in marketing can lead to stronger customer relationships.
    • Responding effectively to customer issues builds brand loyalty.



    Chapters


    00:00 Introduction and Background

    01:12 Innovative Marketing at L'Oreal

    03:14 Brand Strategy and Product Launches

    05:53 Consumer Insights and Market Trends

    08:55 Transitioning from Corporates to Startups

    11:37 Joining Elvie: A Mission-Driven Approach

    13:18 Identifying Customer Segments

    14:46 Building Product Advocacy

    18:43 Expanding into New Markets

    21:01 Marketing Strategies for FemTech

    23:43 Key Questions for Founders

    26:18 Transitioning to Zumper

    28:43 Understanding User Needs

    30:43 Building Trust in Marketplaces

    33:25 Conclusion and Final Thoughts


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    37 min
  • The art of disruptive viral marketing: why Gymbox is so successful - with Rory McEntee

    In this conversation, Rory shares his journey through the marketing landscape, focusing on his experiences with disruptive brands like Gymbox and Gymnation. He discusses the importance of community engagement, the art of creating memorable campaigns, and the challenges of measuring success beyond financial metrics. Rory emphasises the need for creativity, especially when working with tight budgets, and the role of cultural adaptation in marketing strategies. He also touches on the impact of AI in marketing, advocating for a balance between technology and human curiosity.


    Key takeaways


    • Rory's journey into marketing began with a passion for disruptive brands.
    • Working agency side provided Rory with diverse brand experiences.
    • Transitioning to client side allowed Rory to own brand narratives.
    • Memorable campaigns often stem from real insights and community engagement.
    • Disruption in marketing requires buy-in from senior leadership.
    • Measuring success goes beyond financial metrics to include brand fame and community.
    • Physical experiences in gyms can translate into engaging digital content.
    • Budget constraints can foster creativity and innovative marketing tactics.
    • Community engagement is crucial for brand loyalty and retention.
    • Cultural differences must be considered when scaling marketing strategies.


    Chapters


    00:00 Introduction and Background

    00:54 Career Path to Disruptive Marketing

    03:40 Memorable Campaigns at Gymbox

    09:23 The Art of Disruption in Marketing

    14:03 Measuring Campaign Success

    18:48 Bridging Physical and Digital Experiences

    23:26 Budget Constraints as a Creative Advantage

    28:22 Community Engagement and Brand Loyalty

    33:19 Joining Gymnation and Future Plans

    37:50 Cultural Adaptation in Marketing

    42:33 The Role of AI in Marketing

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    50 min
  • 4x intrapreneur on why the world needs more intrapreneurs - with Alex Dirdin

    In this conversation, Alex Dirdin shares his journey from launching the e-commerce vertical at GeoPost to his role at AmmanPost. He discusses the challenges of navigating corporate politics, the importance of stakeholder management, and the differences between startup and corporate environments. Alex emphasizes the need for alignment among stakeholders, the significance of a unifying purpose, and the role of passion in rallying support for new ideas. He also reflects on the evolving landscape of e-commerce in the Middle East and the strategic decisions involved in operating within a governmental framework.


    Takeaways


    • Alex Dirdin launched the e-commerce vertical at GeoPost, transforming it into an industry leader.
    • The journey into e-commerce began unexpectedly through a friend's idea.
    • Launching a corporate startup involves navigating corporate politics and stakeholder management.
    • Overcoming internal resistance is crucial for success in corporate environments.
    • Aligning stakeholders with a common purpose enhances project support.
    • In startups, fast validation from the market is essential; in corporates, validation is more complex.
    • A strong MVP can help gain support and resources in both startups and corporates.
    • Understanding different stakeholders' motivations is key to effective persuasion.
    • Corporate environments often have slower learning loops compared to startups.
    • Passion and storytelling are vital for rallying support for new ideas. Navigating political dynamics can make business more interesting.
    • Balancing strategy and operations is crucial for success.
    • Alignment fatigue can hinder progress in corporate ventures.
    • Bypassing unnecessary validations can accelerate product development.
    • Business development focuses on creating new revenue streams.
    • Understanding technology is essential for product managers.
    • Validating ideas is more important than personal opinions.
    • AI can enhance product development but should not replace real-world validation.
    • Effective product management requires both art and science.
    • Working closely with founders can lead to more successful outcomes.


    Chapters


    00:00 The Journey Begins: Alex's Career at GeoPost

    08:00 Navigating Corporate Politics: Stakeholder Management Insights

    12:00 From GeoPost to AmmanPost: Embracing New Challenges

    19:32 Navigating Political Intrigues in Business

    20:32 The Complexity of International Postal Operations

    21:55 The Balance of Strategy and Operations

    22:41 Challenges in Corporate Ventures

    23:49 Learning from Past Experiences

    26:14 Defining Business Development

    28:35 The Importance of Tech Knowledge

    29:41 Principles of Product Management

    32:33 The Role of AI in Product Development

    34:26 AI's Impact on Business Development

    37:26 Embracing New Opportunities at RSA Global

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    46 min

About Now We Build

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Practical guidance for founders, operators and anyone obsessed with startups. Hosted by entrepreneur-turned-investor Sam Marchant, Now We Build brings you candid conversations with the people…