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Ep. 763: Thales Teixeria Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Importance of Learning From the Customer

In the beginning, companies live or die by how many customers they have. You should try to learn as much as possible from each new customer you acquire. Learning is actually the priority above and beyond actually acquiring customers. That's what trips most startup entrepreneurs that they talk to. They start going on this race to acquire as many customers as cheaply as possible. But realize that in the beginning, your goal is not to go fast, not to scale a business.

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