John Fio – Creating Magic for Consumers – [Invest Like the Best, EP.311]

John Fio – Creating Magic for Consumers – [Invest Like the Best, EP.311]

My guest today is John Fiorentino. John is a product inventor and entrepreneur who, in the space of a few years, has bootstrapped four products; Gravity Blanket, Moon Pod, Moon Pals, and Birthdate Candles which have collectively sold hundreds of millions of dollars of revenue. Our conversation is quite different than normal. Alongside his successful brands, John has had a range of life experiences – from starting as a Jazz musician to working for Justin Bieber – that give him an original worldview. I was especially interested in his points around product positioning, creating magic for consumers, not letting yourself become the product, and how to build enduring brands. Please enjoy this great conversation with John Fiorentino.
 
For the full show notes, transcript, and links to mentioned content, check out the episode page here.
 
—–
 
This episode is brought to you by Tegus. Tegus streamlines the investment research process so you can get up to speed and find answers to critical questions on companies faster and more efficiently. The Tegus platform surfaces the hard-to-get qualitative insights, gives instant access to critical public financial data through BamSEC, and helps you set up customized expert calls. It’s all done on a single, modern SaaS platform that offers 360-degree insight into any public or private company. I’ve been so impressed by the platform that my firm, Positive Sum, recently made an investment in Tegus. We did so because we feel that Tegus will be the gold standard platform for investing research for decades to come. As a listener, you can take Tegus for a free test drive by visiting tegus.co/patrick.
 
—–
 
Invest Like the Best is a property of Colossus, LLC. For more episodes of Invest Like the Best, visit joincolossus.com/episodes. 
 
Past guests include Tobi Lutke, Kevin Systrom, Mike Krieger, John Collison, Kat Cole, Marc Andreessen, Matthew Ball, Bill Gurley, Anu Hariharan, Ben Thompson, and many more.
 
Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here.
 
Follow us on Twitter: @patrick_oshag | @JoinColossus
 
Show Notes
[00:02:25] – [First question] – The amazing story behind Gravity Blanket
[00:08:51] – What he’s learned about positioning relative to product
[00:13:17] – How fundamental truths drive creativity in commerce
[00:16:17] – Real-world examples of magic as he defines it
[00:19:50] – The investability of consumer businesses from his perspective
[00:25:25] – His contrarian thoughts on venture-backed startups
[00:28:00] – How unique personalities create compelling IP and monetize it
[00:38:28] – The fine line between creative power and self-destruction for brand founders
[00:45:13] – The importance of consumer business goals being larger than oneself
[00:48:45] – The story of the Moon Pals weighted stuffed animals
[00:53:15] – How investors undervalue IP and mythology
[00:57:20] – Leveraging uniqueness as a founder to boost your brand power
[01:00:53] – His eye-opening experience working on Justin Bieber’s team
[01:05:20] – How he identifies potential magic-makers and enables them
[01:09:16] – An odd commonality between high-level successful people
[01:12:14] – Whether or not one could map out their own archetype framework
[01:15:23] – The dangers of focusing on one’s own persona and image as the product
[01:18:19] – The kindest thing anyone has ever done for him

Show More

Backward
Play
Forward
1x speed
  • 0.5
  • 1
  • 1.5
  • 2
Other episodes
Tim Urban – Grand Theft Life – [Invest Like the Best, EP.59]

Tim Urban – Grand Theft Life – [Invest Like the Best, EP.59]

This week’s conversation is about artificial intelligence and interplanetary travel. Its about content creation, thinking from first principles, and death progress units. Its about brain machine interfaces and why it is crucial that you be a chef and no

702 downloads Invest Like the Best Oct 17, 2017
1h 20m
Hash Power – Ep. 3 – Funding, Forking, and a Creative Future

Hash Power – Ep. 3 – Funding, Forking, and a Creative Future

In episodes one and two of Hash Power, we explored blockchain technology and cryptocurrency investing. In this episode, we discuss the current and potential future states of the crypto world. We cover new forms of cooperation, regulation, security and sto

798 downloads Invest Like the Best Oct 10, 2017
59m
Hash Power – Ep. 2 – Investing in Cryptocurrencies 

Hash Power – Ep. 2 – Investing in Cryptocurrencies 

In episode 1 of Hash Power, we explored blockchains as a technology—how they work, why tokens (also known as cryptocurrencies) are an integral part of any blockchain, and how these new networks might change the world. In episode two, we spend time with

792 downloads Invest Like the Best Oct 03, 2017
1h 15m
Hash Power – Ep. 1 – Understanding Blockchains

Hash Power – Ep. 1 – Understanding Blockchains

Welcome to the first episode of Hash Power, an audio documentary that explores the world of blockchain and cryptocurrencies. Hash Power is presented by Fidelity Investments

890 downloads Invest Like the Best Sep 26, 2017
1h 9m
David Tisch – Tech Investing Outside of Silicon Valley – [Invest Like the Best, EP.55]

David Tisch – Tech Investing Outside of Silicon Valley – [Invest Like the Best, EP.55]

My guest this week is David Tisch, who was instrumental in building and fostering venture capital investing in New York City. If you liked my conversation with Jerry Neumann--who, incidentally, introduced me to David--you are going to love this one. Dav

704 downloads Invest Like the Best Sep 19, 2017
1h 8m
David Gardner – Finding Companies That Break the Rules – [Invest Like the Best, EP.54]

David Gardner – Finding Companies That Break the Rules – [Invest Like the Best, EP.54]

The investment strategy discussed in this week's episode is diametrically opposed to my own value tendencies, but it still one that has done exceptionally well.  My guest is David Gardner, co-founder of the Motley Fool. He is unique in that he is both a

934 downloads Invest Like the Best Sep 12, 2017
1h 17m
Meb Faber – Factors, Dividends, and Angel Investing – [Invest Like the Best, EP.53]

Meb Faber – Factors, Dividends, and Angel Investing – [Invest Like the Best, EP.53]

My guest this week is Meb Faber, who started a podcast similar to this one right before mine and was a big reason I was open to the idea in the first place. Meb is a quantitative researcher whose firm Cambria has been behind many interesting investment st

699 downloads Invest Like the Best Sep 07, 2017
51m
Team Ritholtz – The Wu Tang Clan of Finance – [Invest Like the Best, EP.52]

Team Ritholtz – The Wu Tang Clan of Finance – [Invest Like the Best, EP.52]

My guests this week don't need to be introduced. In celebration of the one year anniversary of invest like the best, I asked Josh Brown, Mike Batnick, and Barry Ritholtz to join me for a hour, during which I spent more time laughing than asking questions.

777 downloads Invest Like the Best Aug 29, 2017
1h 8m
Pat Dorsey – Buying Companies With Economic Moats – [Invest Like the Best, EP.51]

Pat Dorsey – Buying Companies With Economic Moats – [Invest Like the Best, EP.51]

My guest this week is Pat Dorsey, who was the longtime director of equity research at Morningstar, where he specialized in economic moats: sources of sustained competitive advantage that allow a few companies to deliver huge returns over time. Several yea

758 downloads Invest Like the Best Aug 22, 2017
50m
Suggested Stories

Who would have guessed laws required companies to request...

DisinterestedSep 25, 2022
0 mins read

The question of whether abortion should be legal has been...

DanielJun 26, 2022
4 mins read

Four-time major winner Brooks Koepka has also left the PG...

sportislife15Jun 26, 2022
0 mins read

The subsidisation of unreliable “renewable” power is why ...

DisinterestedJun 19, 2022
0 mins read

LIV Golf is off to a good start, whatever the PGA Tour an...

sportislife15Jun 11, 2022
4 mins read

All governments eventually lose power, but the Liberal Pa...

DanielMay 29, 2022
4 mins read