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The Jellyfish Entrepreneur

blog.priceonomics.com

41–42 of 42 posts

Re: The Jellyfish Entrepreneur

#41
post #26

I have the Jellyfish tank and it's pretty cool, however, all the Jellyfish died after about a month. They were too hard to find, get caught up in the rocks a lot, and feeding was a pain. However, we still have the tank and use it to hold tropical fish now. I would suggest that they go into the tank business and focus on unique designs, that's a scalable business with a big market. I wouldn't buy the Jellyfish again,…

I heard once that Airbnb thought the "breakfast" in Airbed and Breakfast was a crucial element of the experience for the first year or so. It took them awhile to realize no one cared about the breakfast. Perhaps the Jellyfish aren't the crucial piece of the experience for Jellyfish Art? With your anecdote plus the story about the restaurant keeping the tank and using it for fish, perhaps there's something there.

Tanks with cool neon lights and more design?

Re: The Jellyfish Entrepreneur

#42
post #26

I have the Jellyfish tank and it's pretty cool, however, all the Jellyfish died after about a month. They were too hard to find, get caught up in the rocks a lot, and feeding was a pain. However, we still have the tank and use it to hold tropical fish now. I would suggest that they go into the tank business and focus on unique designs, that's a scalable business with a big market. I wouldn't buy the Jellyfish again,…

At first I read the suggestion, "I would suggest that they go into the tank business and focus on unique designs," and I thought to myself "they probably don't to be in the unique-fish-tank business because there are other companies doing that and margins are low."

But then I thought about Fab.com and companies that have a unique angle to aggregate a certain KIND of customer.

If Jellyfish Art can do that, it's their brand that customers are buying, and you CAN preserve margins with a great brand.

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