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How to Start and Scale a Product Business | Oscar Hedaya | Chaos To Clarity


About this episode

Oscar Hedaya has built 3 companies over 15 years — starting with touchscreen gloves in New York, moving into safes, and still going.

Along the way he's faced a factory that secretly cut corners on conductivity leaving him with hundreds of thousands of defective gloves, a 3PL warehouse that shipped wrong sizes and colors to thousands of Christmas customers, and the slow painful lesson that having a great product means nothing if nobody knows your brand yet.

In this episode he gets into: - How he and his brother sold out in a single day on fab.com with no marketing budget - Why the factory you trust the most is the one most likely to cut corners - The letter of credit trick that protects you from manufacturer fraud - Why sending wrong gloves to Christmas shoppers nearly broke the business - The difference between marketing and sales — and why most founders only do one - Why you don't need to be the one with the idea to build a great company

Chapters:

Listen to more converstations like this on the chaos to clarity pod cast

Chapters

  1. 00:00Introduction to Oscar Hedaya
  2. 00:39The Birth of a Startup: Touchscreen Gloves
  3. 05:14Marketing Strategies for New Products
  4. 13:15Sales vs. Marketing: Understanding the Difference
  5. 24:38Challenges and Lessons Learned in Entrepreneurship
  6. 28:26Manufacturing Challenges and Trust Issues
  7. 36:29Shipping Nightmares and 3PL Experiences
  8. 43:50Dealing with Customer Complaints and Outsourcing Support
  9. 50:21Transitioning to the Electric Mobility Business
  10. 01:00:10The Birth of an Idea
  11. 01:02:09Innovating Security: The Smart Safe
  12. 01:06:25Balancing Technology and Privacy
  13. 01:15:07The Role of Family in Entrepreneurship
  14. 01:20:15Advice for Aspiring Entrepreneurs
  15. 01:24:38Finding Clarity in Chaos