The Most Surprising Turnaround Story I've Ever Heard episode artwork

EPISODE · Jan 10, 2023 · 15 MIN

The Most Surprising Turnaround Story I've Ever Heard

from The Andrew Faris Podcast · host Andrew Faris

If you gave me a list of 100 businesses and asked me to rank which ones were most likely to die in the next 5 years, I'd be shocked if you found me 5 I'd rank higher than the national retailer I'm talking about in this episode. But here's the thing: I'd be wrong. Not only is this business still around; it's growing. And the story is full of great lessons even for those of us running very different types of businesses. Today we're talking about the basics of how customers interact with products, and how getting that right goes a long, long, long way for your success. TIMESTAMPS [0:48]: The surprising turnaround of a national brick-and-mortar retailer [05:27]: James Daunt's business implementations [07:30]: James Daunt’s books discount theory [08:30]: What do you really need to have a good business? [09:29]: Born Primitive LTV strategy [10:24]: Customers & products [11:58]: The reason your business isn't working Follow Andrew on Twitter: @andrewjfaris Email Andrew: [email protected] Work with Andrew: www.ajfgrowth.com Music Intro: "Tell Me Mama" by The Devious Means Music Outro: "Rusty Little Scissors" by The Devious Means

If you gave me a list of 100 businesses and asked me to rank which ones were most likely to die in the next 5 years, I'd be shocked if you found me 5 I'd rank higher than the national retailer I'm talking about in this episode. But here's the thing: I'd be wrong. Not only is this business still around; it's growing. And the story is full of great lessons even for those of us running very different types of businesses. Today we're talking about the basics of how customers interact with products, and how getting that right goes a long, long, long way for your success. TIMESTAMPS [0:48]: The surprising turnaround of a national brick-and-mortar retailer [05:27]: James Daunt's business implementations [07:30]: James Daunt’s books discount theory [08:30]: What do you really need to have a good business? [09:29]: Born Primitive LTV strategy [10:24]: Customers & products [11:58]: The reason your business isn't working Follow Andrew on Twitter: @andrewjfaris Email Andrew: [email protected] Work with Andrew: www.ajfgrowth.com Music Intro: "Tell Me Mama" by The Devious Means Music Outro: "Rusty Little Scissors" by The Devious Means

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The Most Surprising Turnaround Story I've Ever Heard

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This episode was published on January 10, 2023.

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If you gave me a list of 100 businesses and asked me to rank which ones were most likely to die in the next 5 years, I'd be shocked if you found me 5 I'd rank higher than the national retailer I'm talking about in this episode. But here's the thing:...

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