Since Trump doesn't want this portrait of President Obama displayed in the White House, let's make this photo of our President go viral here!
RETWEET if you love @BarackObama!
Honor a quien honor merece.
El mágico Andrea Bocelli invitó a Roger Federer a subir al escenario en uno de sus conciertos en Zurich.
El italiano comentó "Hay una leyenda viviente aquí"
@EllaLing23 How nice to see people still taking time to enjoy the beauty of this world (and try to save it at the same time). Beautiful pictures! Really touched by your post (I was raised in Geneva).
@camerlengo73_2@rogerfederer Thank you Brian for posting this. Always a pleasure to hear Roger (although my German is pretty poor) and see him amongst his beloved public. 😍
I found an $8 billion business that battles Nike and Adidas.
The founder used a garden hose for an early edge.
Then tennis star Roger Federer blew up the brand.
Here’s how @on_running disrupted the crowded footwear category👇
In 2010, a 6x Swiss Ironman athlete grabbed a garden hose.
And he realized the shape could offer cloud-like cushioning.
He grabbed glue and hacked together the first version of “On Cloud” running shoes.
Today, On does over $1 billion in yearly sales and worth $8 billion.
Here are 3 contrarian ways they got there:
1) Just Build It Better
Most new companies are terrified of competition.
But what did On Running think of Nike, Adidas and Puma?
"I always felt there wasn’t room for another running shoe. But there was for a different running feel.”
The founders never worried about competition.
Because they had a unique insight:
Every legacy company tried to maximize performance.
No one cared about cushioning or comfort.
So On built CloudTec to delight a customer’s feet without destroying performance.
In 2010, their first model won an ISPO award as an outstanding sports product.
It’s stupidly simple.
But On proves you can win with by building a better product that delights customers.
Other examples:
• Apple did smartphones better than Palm Pilot
• Southwest Airlines did low cost US flights better
• Google did search better than Yahoo
2) Dominate a “Small” Market
Every runner needs shoes.
So how is that a small market?
On stayed laser-focused on Switzerland.
And today owns 60% of the Swiss market.
This follows @sama's framework for tech startups:
“Find a small market in which you can get a monopoly and then quickly expand.”
Swiss runners have a natural bias to buy from a local brand especially for a superior product.
Today, the United States is the largest market for On. But the momentum from monopolizing a smaller market was an early unfair advantage.
3) Distribution Jet Fuel
In 2019, Roger Federer emailed the founders:
“Can we get dinner?”
A few weeks later, Federer became a co-entrepreneur and investor.
One year later, sales 3x'ed.
The future of brand partnerships is not a 5 minute ad read.
It's 5 year relationships backed with equity.
The proof:
• @LoganPaul with Prime
• @MrBeast with Feastables
• @TheRock with Teremana Tequila
And @rogerfederer with On.
Today, Federer reportedly owns 3% worth almost $250 million.
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Alright, that's it!
The Recap:
1) Just Build it Better
2) Dominate a "Small" Market
3) Distribution Jet Fuel
I have to celebrate today... and brag a little!😅 Did it in two! 🎉🎉😱🥰 A tricky one today, but I am starting to get to know their tricks! 😆
Wordle 833 2/6
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