$100m/year framework: “Persona Problem Promotion”
Updated on
Ayman Al-abdullah shared a great story about how American Express grew huge by simply paying attention. They noticed customers were frustrated with travel payments... so they shifted from shipping services to financial services. That move unlocked a billion-dollar business.
Why It Works
- They talked to customers, not just guessed.
- They solved a real headache, not a “nice-to-have.”
- They turned insight into action fast.
- They built trust first, products second.
Real-World Power Moves
- Netflix switched from DVDs to streaming once they saw viewing habits shift.
- Slack pivoted from a failed game to the chat tool their team actually needed.
- Shopify started as a snowboarding store, built its own ecommerce tool, then sold the tool.
Listening > guessing. Always.
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