In this episode, business and financial expert Candy Valentino takes a deep dive into the dramatic rise and fall of Peloton. Once a pandemic powerhouse with stocks soaring at $171, Peloton now faces a staggering 98% decline, trading at just $5. What led to this drastic downturn, and what crucial lessons can entrepreneurs learn from it?
Candy explores how shifts in consumer preferences and a lack of innovation contributed to Peloton's decline, highlighting the importance of adapting to dynamic markets. She discusses the balance between staying true to your core values while continuously innovating to meet evolving customer needs.
Tune in to discover actionable insights on optimizing your existing products and services, and learn how successful innovation lies at the intersection of understanding your customer ('who'), delivering compelling solutions ('what'), and effective monetization strategies ('how').
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