First Broken Rule: Follow the market data (not your gut)
If there is one true thing about the way business is done today, it’s that business is driven by data. Hardly a decision is made that involves committing capital without analyzing market data first. But Julianne Ponan, founder of Creative Nature, broke that rule by ignoring market research that said allergen-free foods were too niche to succeed. She chose to prioritize her own lived experience combined with anecdotal evidence from others over what the market was telling her to create. So, she created an allergen-free foods company that catered to an underserved market.
“I didn’t have decades of corporate conditioning telling me what not to do,” she says, “so I was fearless in challenging the status quo. That naïveté became an asset.” Her fearlessness resulted in a company whose food has a presence in major retailers and airlines.
Evan Floersch, founder of the Texas Ranchers professional pickleball franchise, also went against the data. While most metrics painted pickleball as a casual hobby, he saw a sport that had huge recreational adoption and imagined its future as a professional sport. He developed his team based purely on that vision. “We rebranded from a very fun, very light brand to one that was more serious. There was risk in doing that…but we anticipated the sport would be taken more seriously as it matured.”
These two approaches show that customer empathy and seeing potential where others don’t can reveal emerging demand before the data catches up to it.
Second Broken Rule: Chase capital first
As Shark Tank has taught us, capital is king. Fledgling businesses flock to that popular pitch show because they feel their business can go nowhere without a huge influx of cash. But Kevin Damoa, founder of Glīd, took a different approach. He’s developed “Glīders,” electrified vehicles that can move shipping containers straight from the road onto rail lines, cutting dozens of handoffs and days of waiting to make freight movement faster. To get there, Damoa formed solid partnerships first. He aligned with rail operators and other industry professionals who believed in his vision, and that brought the investors. Damoa remembers the fruits of that labor fondly. “When the time came to raise, we didn’t just pitch — we showed a coalition. That’s why our pre-seed was oversubscribed at $3.1M. Founders often chase capital like it’s oxygen. I chased trust.”
Floersch broke from the capital-first playbook by structuring ownership around partners who could add cultural reach and credibility, not just funding. He saw teams owned by Tom Brady, LeBron James, and Mark Cuban and wondered, “How am I gonna compete against the influence and resources that these folks have? With my background in community building, I think the best way to do that is through partnerships."
He gave up some of his ownership to harness the power of a collective group. “We’ve got three kinds of buckets. We have athletes and celebrities who help us globalize the brand and reach new eyeballs like Li’l Wayne and Scottie Scheffler.” He continues, “The second one is individuals who are in sports or own sports teams. So we have the DeVos family, Dennis Wong who is part of the LA Clippers, and then kind of a third bucket which is industry leaders, industry heads. So these are sports marketers, PR folks, digital marketers who are definitely the best at what they do.”
Both of these approaches show that trust, alignment, and believers can create unstoppable momentum when combined the right way.