A Steak and a $200M Business A few years ago, I visited a friend in the U.S. The moment I stepped into his backyard, I was stunned. The entire open space was dedicated to one thing—a massive grill. That day, he spent eight hours slow-smoking a steak for us. The effort, space, and money invested in one piece of meat perfectly capture the essence of Western food culture—and a golden business opportunity. Take MEATER, for example, a brand specializing in steak thermometers. Despite selling just one core product, they generate $200M annually in the U.S. and Europe—surpassing many well-known local consumer brands. This is proof that success doesn’t require a massive product portfolio or aggressive marketing tactics. Sometimes, all it […]