Focus on the First Mile

This episode is brought to you by:

Koyfin. Koyfin, one of the fastest growing fintech startups. I discovered Koyfin earlier this year when I asked Twitter for the best Bloomberg alternative, and the overwhelming winner was an intriguing new product called Koyfin. Koyfin has tons of high-quality data, powerful functionality, and a nice clean interface. If you’re an individual investor, research analyst, portfolio manager, or financial advisor, you should definitely check them out. Sign up for free at koyfin.com.

Tegus. Tegus has built the most extensive primary information platform available for investors. With Tegus, you can learn everything you’d want to know about a company in an on-demand digital platform. Investors share their expert calls, allowing others to instantly access more than 10,000 calls on Affirm, Teladoc, Roblox, or almost any company of interest. All you have to do is log in. Visit https://www.tegus.co/patrick to learn more.

[00:03:24] - Philosophy for building great products

[00:04:52] - Starting the journey of building a great product 

[00:06:08] - Making the first mile better

[00:08:12] - Understanding user progress in product building 

[00:10:25]  - Getting to awareness and attention and interest in a product 

[00:12:41] - The concept of window dressing

[00:14:24] - Taking an idea and turning it into a high-value product 

[00:14:42] - The Messy Middle

[00:16:49] - Keeping rewards structure in place for teams to stay engaged

[00:19:56] - Using his knowledge in product building to invest in other companies

[00:24:00] - The concept of an "object model"

[00:25:52] - User psychology concepts they keep in mind when designing a product

[00:27:51] - Implementing all of these strategies into a product

[00:29:25] - The era of edu-ployment

[00:31:05] - How this will impact colleges

[00:33:27] - The evolution of the talent/audience relationship

[00:35:32] - Decentralization and companies of 1

[00:37:44] - How that decentralization will impact his investment thesis

[00:39:21] - How increased productivity tools could help with more creativity in the workplace

[00:42:04] - Training people to be more creative in the workplace

[00:44:33] - Future of user interfaces

[00:44:58] - The Interface Layer: Where Design Commoditizes Tech

[00:48:10] - Good design principles

[00:49:51] - The future coming out of COVID

[00:52:09] - Kindest thing anyone has done for him