• "Cut The Check": What a Customers' Unwillingness to Pay Means | Why we are not the TOAST of LATAM | The Difference Between Iterating and Pivoting | Aldo Piaggio, Co Founder of PoloTab

  • Mar 4 2025
  • Durée: 28 min
  • Podcast

"Cut The Check": What a Customers' Unwillingness to Pay Means | Why we are not the TOAST of LATAM | The Difference Between Iterating and Pivoting | Aldo Piaggio, Co Founder of PoloTab

  • Résumé

  • Today, we’re joined by Aldo Piaggio, co-founder and CEO of Polo, an end-to-end solution that helps restaurants seamlessly connect all aspects of their business, from inventory to accounting, through a single, centralized platform.

    After graduating from the University of Michigan, he began his career as an investment banking analyst at Goldman Sachs before launching Polo.

    In this episode, Aldo shares the inception story of Polo, the key differences between iterating and pivoting, why he strongly believes in product-led sales, how startups can overcome customer unwillingness to pay, and more.

    Chapters

    00:00 Introduction to PoloTab and Its Founders
    02:34 Why Mexico?
    05:05 Challenges in the Restaurant Tech Space
    08:24 The false notion: Our MVP wasn't enough
    09:11 Learnings from YC
    09:52 The Evolution of PoloTab's Product Offering
    10:19 The concept of "pivoting"
    12:25 The Importance of Intentions & Naiveness
    14:44 Launching our first POS in 2.5 Months
    15:34 Navigating Fear and Innovation in Product Development
    16:47 Simplicity as a Competitive Advantage
    17:47 Polos' Product Vision
    18:13 Understanding Customer Profiles and Market Focus
    19:08 Customer Retention and Churn Management
    20:28 Facing Rejection and Building Resilience
    22:01 Market Opportunities and Future Expansion
    23:53 Growth Strategies and Team Dynamics
    23:55 Sales vs. Product Lead Teams
    25:17 Misconceptions in the Startup Ecosystem
    26:25 "If we dont achieve our dreams, its our fault we didn't execute correctly"

    Send us a text

    Cut the Check w/ Mack Meyer is a podcast about venture capital, startups, and entrepreneurship in Latin America and beyond.

    New episodes drop every week.

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    Have a guest suggestion? Email us at team@venturecapitalmx.com

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