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How to lower barriers to change when building and selling products — Jonah Berger’s advice for founders

How to lower barriers to change when building and selling products — Jonah Berger’s advice for founders

FromIn Depth


How to lower barriers to change when building and selling products — Jonah Berger’s advice for founders

FromIn Depth

ratings:
Length:
57 minutes
Released:
Dec 1, 2022
Format:
Podcast episode

Description

Our guest today is Jonah Berger, a marketing professor at the Wharton School at the University of Pennsylvania and the bestselling author of “Contagious” and “Invisible Influence.” 

Today we’re chatting about his follow-up book, “The Catalyst: How to Change Anyone’s Mind.” Founders start companies to change industries and behaviors, but change is hard. Going back to chemistry, Jonah notes that catalysts don't just create change by pushing harder or exerting more energy — they remove or lower the barriers to change. (In the book Jonah offers a helpful framework about 5 specific barriers to change, called REDUCE — which stands for reactance, endowment, distance, uncertainty, and corroborating evidence.)

We focus on how founders and leaders can do that in the context of building and selling products. Jonah shares his thoughts on:

Whether you truly need to build a 10X better product and why a startup’s biggest competitor is actually inertia. 

The role of urgency in selling or getting someone to adopt a product.

How to apply the freemium approach in different contexts, like with physical products.

Techniques for negotiating price, as well as the role that identity and category creation play in persuasion and product adoption.


You can follow Jonah on Twitter at @j1berger. You can email us questions directly at review@firstround.com or follow us on Twitter @firstround and @brettberson. 
Released:
Dec 1, 2022
Format:
Podcast episode

Titles in the series (100)

Welcome to In Depth, a new podcast from First Round Review that’s dedicated to surfacing the tactical advice founders and startup leaders need to grow their teams, their companies and themselves. Hosted by Brett Berson, a partner at First Round, In Depth will cover a lot of ground and a wide range of topics, from hiring executives and becoming a better manager, to the importance of storytelling inside of your organization. But every interview will hit the level of tactical depth where the very best advice is found. We hope you’ll join us. Subscribe to “In Depth” now and learn more at firstround.com