Cheat Sheet: On Spotting and Owning Trends, Wedge vs Ramp Shaped Businesses, and Making Every Dollar Count

This week we’re profiling Justin Mares, who has built 3 direct-to-consumer brands in Kettle & Fire, Perfect Keto, and Surely Wine that have all reached tens of millions in revenue. All by finding and owning emerging health and wellness trends. Read the newsletter companion to this episode: https://www.cheatsheetnewsletter.com/p/spotting-and-owning-trends Here are the 3 big ideas in this week's Cheat Sheet: How to spot trends and build businesses to own them. Concept: Wedge versus ramp shaped businesses. Reminder: Why it pays to bring on a Head of Finance early. Listen, watch, or explore more of this week’s episodes: #143 Kettle & Fire's Justin Mares | Identifying Trends, 5-Minute Mini Workouts, 6 To Dos Per Day, Favorite Books, and More Listen Now | Watch Now | Episode Guide | Transcript #144 Kettle & Fire, Perfect Keto, and Surely Wine: Spotting Trends and Building D2C Brands to Own Them | Justin Mares, Serial Entrepreneur Listen Now | Watch Now | Episode Guide | Transcript Sign up for the Cheat Sheet newsletter: https://www.cheatsheetnewsletter.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Om Podcasten

Learn from history's greatest innovators, founders, and investors with a mix of interviews and summaries of the best books, essays, and lectures. Each week, Daniel Scrivner decodes the ideas, strategies, and frameworks used by the best innovators, founders, and investors. Past guests include Scott Belsky (Adobe), Gokul Rajaram (DoorDash), Kevin Kelly (WIRED), Sir Ronald Cohen (IMPACT), Erling Kagge (Everest Explorer), along with the founders of Wealthfront, Public.com, Primal Kitchen, 1-800-GOT-JUNK, Levels, and Eight Sleep. Visit OutlierAcademy.com for episode notes, searchable transcripts, videos, and more. Outliers with Daniel Scrivner is a mix of Founders Podcast, How I Built This, Business Breakdowns, Invest Like The Best, Founder's Field Guide, 20VC (20 Minute VC), The Knowledge Project, What It Takes, and The Tim Ferriss Show.