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Bill D’Alessandro is the Founder and CEO of Elements Brands, one of the original holding companies for direct-to-consumer brands. He has acquired or founded more than a dozen businesses with over $100M of revenue and has realized seven exits in both DTC and SaaS. Bill is also the co-host of the Acquisitions Anonymous podcast.

On this episode Chris & Bill discuss:

➡️ Lessons learned from Element Brands and owning 6 businesses

➡️ His pivot to owning Natural Dog Company and why focus is powerful

➡️ How to decide between marketing & product innovation

➡️ Insights on the pet industry and why it's huge

Key Takeaways:

(3:13) - What was your strategy in 2016 and why have you totally flipped on it in 2023?

(4:57) - DTC is not a business model

(6:14) - Prioritizing marketing over product innovation

(10:36) - Was there ever a time when you thought this massive ad spend was unsustainable?

(12:23) - What’s happened in the past 18 months since Apple changed its advertising privacy model?

(14:33) - Putting brands on autopilot

(16:22) - When did you start to realize only one of your eight brands was worth working on?

(19:53) - How has your life changed after consolidating your focus?

(22:14) - Is there a way to make the Aggregator model work?

(25:46) - How big is the pet industry and where is its potential?

(26:59) - What are you going to do with this business now that you’re solely focused on the one instead of 8?

(30:14) - Why have you chosen to go into retail?

(33:18) - How do you get your product into 4-5k stores?

(35:55) - Is there any brand with leverage over Walmart?

(36:54) - What could make this move into retail go wrong?

(39:35) - What’s your approach to product packaging and design?

(42:45) - How did you arrive at the decision to launch 12-16 new products this year and how do you decide what they’ll be?

(46:32) - What needs to happen in order to get into Walmart and Target?

(48:59) - Would you get a higher valuation on your company if you’re in Walmart/Target and successful there?

(49:46) - What has podcasting done for you?

Additional Resources

👉 Bill on Twitter: https://twitter.com/BillDA

👉 Natural Dog Company: https://naturaldog.com/

👉 Acquisitions Anonymous Podcast: https://www.acquanon.com/

👉 BillDA.com: https://billda.com/

👉 PickFU.com: https://www.pickfu.com/

➡️ Learn more about Xeal: https://xealenergy.com/

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➡️ Follow Chris on Twitter: www.twitter.com/FortWorthChris

➡️ Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/

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The FORT Podcast with Chris Powers is a place where you can find meaningful conversations about entrepreneurship, real estate, investing, and more.

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