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10 September 2024

Ali Maggioncalda

Helping couples keep their spark with Ali Maggioncalda

Ali MaggioncaldaFounder & CEO at Lovewick
00:00 / 01:04

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Overview:

In our conversation, Ali

  • Explains what Lovewick is all about, and how the concept was born.

  • Describes the typical user of the app and the huge impact TikTok had on exposure and audience growth.

  • Talks about the app’s business model, and difficult decisions that had to be made around monetisation.

  • Opens up about the meaning behind the name, and her background before starting Lovewick.

  • Discusses the irony of tech being the solution for improving ‘real life’ interaction.

  • Delves into the transition from working for others to going it alone.

  • Focuses on the issues that come with managing funding when you’re starting out, including getting backing.

  • Reflects on decisions made during the business’s first two years, around hiring people and doing market research.

  • Expands on TikTok’s impact, and how the dynamics have shifted to Instagram.

  • Shares aspirations for Lovewick’s future over the next five years.

  • Shares her learnings in business so far, stressing that no matter how big your team grows you should never personally stop talking to your product users.

Ali Maggioncalda

Founder & CEO at Lovewick

Highlights:

1:18 – Our show’s sponsor, Magus Wealth

2:07 – The concept behind the Lovewick app

8:33 – Generating content

10:15 – The typical user

14:30 – Business model and monetisation

19:55 – Where the name came from

21:50 – Life before Lovewick

28:40 – Tech as the solution to a human problem

34:40 – The early days

37:40 – Managing funding and backing

47:30 – Harnessing the power of TikTok

55:25 – Aspiration for the future

57:45 –  Lessons learned

Follow the Love Business with Alan Wick Podcast

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Work with Alan

If this podcast reflects the challenges you're facing, the Are We A Match? page is the best place to start.

Alan works with founders and business leaders at different stages of their journey.

Explore the service that best matches what you need, or start with Are We A Match? if you're unsure.

20 minutes. No pitch. Leave with one clear next step.

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