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
James Cameron – The Futurist – [Founders, Forever Episode]

James Cameron – The Futurist – [Founders, Forever Episode]

Almost exactly a year ago, Colossus entered into a partnership with David Senra and the Founders podcast to join the Colossus network. The show has since exploded with more devoted fans than any podcast that I’ve encountered. With that in mind, we are excited to share an example episode from his show here today on […]

536 downloads Invest Like the Best Aug 29, 2023
1h 13m
Lee Ainslie – Hedge Fund Maverick – [Invest Like the Best, EP. 341]

Lee Ainslie – Hedge Fund Maverick – [Invest Like the Best, EP. 341]

My guest today is Lee Ainslie, the founder of Maverick Capital. Lee started his investing career at Tiger Management where he worked for Julian Robertson. In 1993, he left to start Maverick and has built the firm into one of the top-performing hedge funds of the last 30 years. Lee doesn’t speak in public often […]

553 downloads Invest Like the Best Aug 22, 2023
1h 36m
Nick Kokonas – Know What You Are Selling – [Founder’s Field Guide, Forever Episode]

Nick Kokonas – Know What You Are Selling – [Founder’s Field Guide, Forever Episode]

Today, we are running a special episode from our show Founder’s Field Guide. In this conversation, Nick Kokonas shares his experience of bringing a business mindset to the restaurant industry. It is one of our favorites at Colossus and there is something for everyone in this timeless conversation. Nick is the co-founder of 3 of […]

523 downloads Invest Like the Best Aug 15, 2023
1h 16m
Des Traynor – Real Talk about AI and Software – [Invest Like the Best, EP.340]

Des Traynor – Real Talk about AI and Software – [Invest Like the Best, EP.340]

My guest today is Des Traynor. Des is the co-founder and Chief Strategy Officer of Intercom – a customer service solution that helps businesses answer product questions, offer instant support, and automate sales. The business was founded in 2011 and its products operate within 25,000 businesses, including the likes of Amazon, Lyft and Atlassian. Our […]

644 downloads Invest Like the Best Aug 08, 2023
1h 5m
Samo Burja – The Great Founder Theory of History – [Invest Like the Best, EP.339]

Samo Burja – The Great Founder Theory of History – [Invest Like the Best, EP.339]

My guest today is Samo Burja. Samo is the founder of consulting firm, Bismark Analysis, and has dedicated his life’s work to understanding why there has never been an immortal society. His research focuses on institutions, the founders behind them, how they rise and why they always fall in the end. As you’ll hear, Samo […]

505 downloads Invest Like the Best Aug 01, 2023
1h 8m
Chris Paik – Venture Investing Frameworks – [Invest Like the Best, EP.338]

Chris Paik – Venture Investing Frameworks – [Invest Like the Best, EP.338]

My guest today is Chris Paik, who is a General Partner at early-stage venture firm, Pace Capital. Before Pace, Chris spent eight years building and investing alongside last week’s guest, Josh Kushner, at his firm Thrive Capital. During that time, he sat on the board of Twitch. Our conversation explores Chris’ frameworks for investing, from […]

405 downloads Invest Like the Best Jul 25, 2023
1h 30m
Josh Kushner – Building Thrive Capital – [Invest Like the Best, EP.337]

Josh Kushner – Building Thrive Capital – [Invest Like the Best, EP.337]

My guest today is Josh Kushner, founder and managing partner of venture firm, Thrive Capital. Josh started Thrive in 2010 and launched its first institutional fund in 2011. That first institutional fund was $40 million and, in it, Thrive led Warby Parker’s Series A, invested in Instagram, and incubated a business, which Josh co-founded, called Oscar. […]

476 downloads Invest Like the Best Jul 18, 2023
1h 47m
Jeremy Giffon – Special Situations in Private Markets – [Invest Like the Best, EP.336]

Jeremy Giffon – Special Situations in Private Markets – [Invest Like the Best, EP.336]

My guest today is Jeremy Giffon. I spend all my time trying to find people who have some “singularity” to them. People who seem like they can do an N of 1 something. Having spent many days with Jeremy recently, he strikes me as one of those people. He was the first employee and general […]

420 downloads Invest Like the Best Jul 11, 2023
1h 42m
Dave Yuan – A Primer on Vertical Market Software – [Invest Like the Best, EP.335]

Dave Yuan – A Primer on Vertical Market Software – [Invest Like the Best, EP.335]

My guest today is Dave Yuan. Dave is the Founder and Partner of Tidemark Capital, which he started in 2021 after 15 years as a General Partner at Technology Crossover Ventures. Dave has been investing in vertical market software as long as anyone I know and he currently sits on the board of two VMS […]

449 downloads Invest Like the Best Jul 04, 2023
53m
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