In this episode we have the pleasure of interviewing Will Nitze as a guest on the show, Will is the CEO of IQBAR.
Will Nitze is the Founder & CEO at IQBAR, the nation’s leading brain and body nutrition startup.
In this episode, will shares:
- His Go to market strategy – Critical mass with online business first, then with brick and mortar AFTER.
- Then makes easy to go to brick and mortar locations
- Pick fewer channels that scale very well.
- Don’t try to bootstrap a consumer goods company
- Started with angels, better terms.
- Operational excellence & cost controls
- What you can invest back is radically different with 55% GM vs 30% GM
- Negotiate with all your suppliers to get the best price. Claw Back.
- Customer Life Time Value to Customer Acquisition Cost is the key value you look at
- Create a great product
- Confirm what they truly want. Where are we falling short and brute iterate to find a solution to what they want.
You don’t want to miss this episode.
Join us for this weeks episode of the High Performance CEO Podcast here: