Gixo Takes on the Fitness Industry

Gixo Takes on the Fitness Industry

Assessment

Interactive Video

Business

University

Hard

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The video discusses the reunion of Evite co-founders to start a new fitness company. They chose fitness due to personal passion, market potential, and the opportunity for disruption. The company aims to use technology to make fitness accessible and affordable, focusing on live features and community engagement. The target demographic is broad, including millennials, professionals, and moms. Lessons from SurveyMonkey are applied to build a strong company culture. The video also addresses the need for more women in leadership roles in Silicon Valley.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What were the key factors the founders considered when starting their new company?

Technology, marketing, and customer service

Location, funding, and team size

Personal passion, market size, and potential for disruption

Brand recognition, competition, and pricing

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the new fitness app aim to stand out from traditional fitness experiences?

By offering free gym memberships

By providing live music and celebrity trainers

By focusing solely on high-intensity workouts

By being affordable, accessible, and offering live coaching

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What demographic does the fitness app primarily target?

Only millennials

A broad demographic including professionals and moms

Only senior citizens

Only fitness enthusiasts

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was one of the most important lessons learned from the founder's experience at SurveyMonkey?

How to build a great company culture

How to increase profit margins

How to develop new software

How to expand internationally

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the first step in addressing the lack of women in leadership roles, according to the founder?

Implementing mandatory quotas

Recognizing that there is a problem

Increasing salaries for women

Offering more training programs