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Joining the show today is Sahand Dilmaghani, the Founder and CEO of Terra Kaffe. Sahand shares how moving to Berlin to work for a startup changed his life, how he came up with the idea to build a new coffee machine, and why luck comes to those who are prepared to receive it.
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Quotes:“I aligned with the notion that one should really be competitive with themselves and constantly progress forward.”
“I knew I was gonna wanna do something myself at some point, and I thought what better experience than going to work at a startup.”
“I was always thinking through different ideas that I thought would be clever businesses that were unique opportunities.”
“It really can be a death by a thousand cuts but it's also resilience by a thousand bandaids.”
“I kept looking back at the home experience and realized there's nobody doing anything different here. This is just the same rinse, repeat, same brand, releasing different skews that do the same thing.”
“It's okay to acknowledge those feelings. It's almost more important to actually acknowledge that they exist instead of burying them.”
“There are no promises that anything works out.”
“Even when you're still sprinting, you gotta remember to pause and appreciate the win.”
“It can feel like a barrage at times, as you're just focusing on putting one foot in front of the other. But doing that in a clear, calm, collected headspace is incredibly valuable. It also speaks volumes to third parties that look at you and how you operate as a business.”
“Build a space for your team to be able to say things they need to say and to be able to take a minute to pause.”
Liz Whitman joins the show today to talk about her journey to becoming the Founder and CEO of Exponent Beauty. Liz spoke about what it was like growing up in New York City as an only child, to building an apparel business with a friend before earning her MBA, working for American Express and Beauty Bar, to building her second startup Manicube, which The Red Door by Elizabeth Arden acquired, to having an aha moment that inspired her to reimagine what truly effective skincare could look like.
Exclusive Deals from Our Sponsors:https://exponentbeauty.com/
Quotes:“The intertwining of how your business affects your actual life is just something that's part of the process.”
“Learning by doing is exactly what entrepreneurship is.”
“I have this fascination with what people and culture can actually do in terms of driving impact in a business”
“Being an entrepreneur is a very specific personality type who sees these open doors and these opportunities as they come.”
“We traded convenience and scalable distribution with efficacy.”
“I'm somebody who thrives on getting a product out there and having consumers and seeing how they’re interacting with it.”
“You can get sucked up in these reactive tactical needs, and so carving out time in your schedule for the important but not urgent keeps you focused.”
“Be clear with yourself on why you’re doing this.”
“Investors get excited about huge growing categories that can be very profitable and that have logical exits. If you can do something truly differentiated in that space, that's exciting.”
“Being true to why you're doing it. That has to be your north star when times are tough and they will be tough. This is not glamorous at all. There're ups and downs all around”
“Our whole entire premise is taking fantastic ingredients and innovating on form factors. So we're delivering the best clinical results to you.”
Sharing their story today is Hailey Schwartz, the Co-Founder and Co-CEO of Actual Veggies. Hailey chatted about her childhood growing up in California, running cross country and biking in the mountains, to working on the advertising team for her school newspaper at the University of Michigan, to working at a startup where she realized that work can actually be fun. She talks about how she met her Co-Founder in 2020, why they decided to launch Actual Veggies on QVC of all places, and how she fundraised a $4M seed round during Covid over Zoom.
Exclusive Deals from Our Sponsors:https://actualveggies.com/
Quotes:“I saw that everyone was having a lot of fun and it really opened my eyes to this idea that work could be fun.”
“I think I was necessarily not in the right role for me and I didn't know how to get to that right role.”
“I knew that I wanted to be my own boss.”
“I liked hearing people who got to do so many different things all day long because I loved wearing multiple hats.”
“They all taste like their primary ingredients. So what we're doing is making a clean, really good-tasting veggie burger.”
“Our retail strategy is mostly our focus.”
“Make friends with other founders and expand your network.”
“Don’t ask a million people, have one or two advisors and trust yourself.”
“You’re never going to get everything right, you just have to execute the plan you put in place.”
“Trying something new and just doing something is really important. I see people get scared of how they start and I think just actually putting one foot forward really helps.”
Today, Lee sits down with Eunice Byun, Co-Founder and CEO of Material. Eunice talked about how she grew up in San Diego with parents who owned a Chinese restaurant, how she started out working for the school newspaper at Northwestern University, why she invested heavily in PR from day one after launching Material, what she did early on to build the brand, and why it's important to align on what success looks like with investors in order to filter for the right ones.
Exclusive Deals from Our Sponsors:https://materialkitchen.com/
Quotes:“I truly had no idea what I wanted to do or be when I was older.”
“It was also almost an insatiable thirst for being able to learn stuff.”
“I love being able to figure out what people need and how they can't articulate it, and figure out how can I unearth that within them and then help them.”
“What’s hard in the early days is knowing how everything is intertwined and working together.”
“We realized that there's this real empty space for well-made, high-quality things for the kitchen and for this more modern home cook.”
“We really wanted to make a brand that made sure our product over delivered.”
“We didn't know how to talk about the things that really make us who we are as a company”
“We realized this is a relationships business. It's not just about sowing your seeds and spreading them far and wide. It’s about going deep.”
“Be mindful about the deployment of capital, rather than sitting on it.”
“The speed of growth can really undermine the quality of growth.”
“Be okay with changing your mind”
“Tomorrow's another day. Dust yourself off, and pick yourself back up. When you love what you do and you love the people you're doing it with, you're able to roll through it.”
“Be in community with other people that are doing this.”
Coming to share their story today is Vanessa Dawson, Founder and CEO of Arber. Vanessa talks about her childhood growing up as the oldest of three in Vancouver, Canada, her first job working at a bed and breakfast cafe, how she came up with the idea for Arber, and how she secured Walmart as her first big box retail partner shortly after launching the company on Earth Day in April 2021.
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Quotes:“I feel like my personality has always been very much wanting to own and control my own destiny in an entrepreneurial way.”
“The energy of creating your own thing and controlling your own destiny and seeing the passion that the entrepreneurs had around their products and their projects was a huge inspiration for me.”
“When you build something, they will come.”
“I couldn't find anything as a consumer that I really identified with”
“As a smaller brand, you really don't wanna be too top-heavy from a resource planning cost-wise.”
“If you do take on capital really focus on the core assets that you need out of that, or the core skill sets you need to leverage it in a big way.”
“Setting those longer-term goals and then setting the path towards it and making sure that you check out and reset every once in a while is key.”
“I think surrounding yourself with other entrepreneurs is honestly the best thing that you can do. Getting yourself involved in those communities is such a fabulous way to continue to test your ideas and bounce ideas off people.”
“Surround yourself with a good community.”
Today, Lee sits down with Vimla Black-Gupta, the Co-Founder and CEO of Ourself, the first-ever sub-topical skincare system. In this episode, Vimla talks about her childhood growing up in Washington, DC, to realizing her passion for business at a young age. She shares her impressive career journey, from working at Proctor and Gamble to Bobby Brown Cosmetics to becoming the global CMO of Equinox and then starting Ourself.
Exclusive Deals from Our Sponsors:https://www.ourself.com/
Quotes:“Talk to your consumers, test with your consumers, really get the feedback from them.”
“All customer feedback is a gift.”
“Whether you're working on a new brand or existing brand, you like don't wanna break it.”
“The idea of the fusion of wellness and beauty was becoming this new thing.”
“Keep the old cause the old is still really prescient when it was created but also meaningful today, but just make sure that you're keeping it fresh and making it resonate with where your consumer is at.”
“Ourself is a call to action to be yourself, but just a better version.”
“We’re a company that is developing true science that is going to deliver the results.”
“It is the fear that makes me wanna leap out of bed. But it's the conviction around what we're able to do and resolute on wanting to serve the consumer.”
“My advice to everyone is you should follow your dreams. You should follow that hunch. You've just gotta figure out how and what's the best way to follow it that fits with your risk profile.”
“You have to do something for you every day. You have to just to give your space the time to think. Cause otherwise, you will be lonely, you will just be in your thoughts. So find out whatever that is.”
Amy Shecter joins the show today to chat about her journey to becoming the CEO of Ever/Body. Pioneering a first-of-its-kind approach to cosmetic dermatology, Ever/Body is on a mission to offer results in under 60 minutes. In this episode, Amy shares her impressive career journey, and how she’s earned the CEO title three times. She talks about how she raised $94M in just 11 months, and what she does during an all-hands meeting each month to ensure her team is being acknowledged for their hard work.
Exclusive Deals from Our Sponsors:https://everbody.com/
Quotes:“You learn something about being a competitor that gives you tools that are helpful as you begin to explore the world and become a business person.”
“Evaluate, assess, develop a rapport, and connect with everyone.”
“Fundraising is not something we're not necessarily taught, but yet we have to compete.”
“Definitely take risks, there's no question about it. Never stay in a job because you feel like you have to, and never be afraid of not being able to do a job.”
“My resume is my story of my brand.”
“You are not an individual working, you are curating and crafting your brand.”
“Sometimes when you work for a company, you’re not working for a brand.”
“You control what happens to you as much as you're part of an organization. You have to be an active participant in what happens next.”
“Networking is critical to your success.”
“A great CEO thinks about people first.”
“Craft your vision. How are you going to get there? Create your mood board for the steps that you have to take and understand the skills that you need and how you're going to get them to get that job.”
Yanni Hufnagel joins the show today to chat about his journey to becoming the Founder and CEO of Lemon Perfect, a great tasting flavored lemon water. Yanni shares his story from being a college basketball coach, to launching his first startup Lemon Perfect. We talk about how the name Lemon Perfect came to him, why he almost hired a CEO, and how he keeps the energy in his organization higher than ever and his team either sprinting or resting, but nothing in between.
Exclusive Deals from Our Sponsors:https://lemonperfect.com/
Quotes:“We tried to create packaging that was a fashion show on the shelf, in a cooler, or on display.”
“There is no scoreboard when you're first starting.”
“It was really this intersection of flavor that's also good for you, and how do we get there, and the idea just stuck with me.”
“We have to create a product that's delicious and refreshing that hits on relevant consumer treads.”
“We are delivering real innovation to a stale, enhanced water category.”
“Have the perseverance to keep going.”
“I don't have a choice but to be the last team standing.”
“I have the burden of delivering something to the market that can truly make America and eventually the world a healthier place.”
“Entrepreneurship is a high-stakes game.”
“We don't allow people to walk or run here. We only sprint or rest.”
“I've always been about compressing our gross margin story today to build a big share story for tomorrow.”
“Run the race until you have nothing left.”
“Focus on product. I've talked a lot about recruiting and retention, but you do have to focus on product, because product market fit is ultimately really the most important.”
Joining the show today is Alexandra Clark, the Founder and CEO of Bon Bon Bon, a chocolate company, reinventing bon bons. Alex talked about how a raspberry truffle during a visit in Europe changed her life and inspired her to use chocolate as an art medium, why she created her own manufacturing, starting with a 650 square-foot space in the back room of a diner, and why she advises entrepreneurs to prepare for best case scenarios.
Exclusive Deals from Our Sponsors:https://bonbonbon.com/
Quotes:“Everything I was worried about didn’t happen.”
“It started to hit me that there's so much uncertainty in the chocolate industry of what is being sold and then what is actually happening, and I wanted to fix that.”
“Just because you started something doesn't mean you need to do it for the rest of your life.”
“Something really cool and universal about chocolate that I appreciate so much is you can buy the best piece of chocolate in any city and it's generally going to be less than $5.”
“A lot of what we're doing is imparting fresher more real flavors into the chocolate that we make in order to make a more accurate experience.”
“We don’t do a lot of planning around the idea of what if it all works out and goes well, and we all should be doing that.”
“It felt like we were stuck between a rock and a hard place of, we didn't know how to stop and we didn't know how to not stop and everything was broken.”
“When you're absolutely exhausted and you're thinking about quitting, cause everybody does when it gets hard, don't think about quitting while you're still walking. Keep moving forward. You don't have to be sprinting all the time, but at least if you're contemplating stopping all together, don't sit down and contemplate it. Keep moving in the direction you already decided.”
“Walk through being overwhelmed.”
Will Nitze joins Lee on the show today to chat about his journey to becoming the Founder and CEO of IQBAR, a brain-body nutrition startup based in Boston. In this episode, Will shares his journey from growing up in New Jersey playing competitive soccer, to studying neuroscience and psychology at Harvard, to learning about the impacts of food on our brains, which inspired him to start IQBAR. He talks about CPG hyper-growth and valuations, how he hacked his way into launching a successful Kickstarter campaign, and the lifestyle implications of being an entrepreneur.
Exclusive Deals from Our Sponsors:https://www.eatiqbar.com/
Quotes:“Part of being who you are is momentum”
“I was always into the startup world, just because I thought it was cool so I was always thinking about what I could do.”
“I loved the grittiness and the grind and the adventure of creating something from nothing.”
“I was just looking to be inspired.”
“It is fairly universal that people like being passionate about whatever it is. Passion is a fairly universally sought-after thing. But people seek, seek it out in different intensities.”
“Bars are just a form factor of what's the point? The point being brain and body nutrition.”
“Be obsessive about equity and ownership and fight tooth and nail every point of equity.”
“Almost never does someone regret firing someone.”
“Let's say you wanna be an entrepreneur, don't just go start the company, go get a job, do the travel thing, be a professional, get a job, have a boss, learn that it kind of sucks having a boss go into an office. Understand how the world works in that way, and how you interact with coworkers, what a meeting is like, how you lead a meeting, learn all of that.”
“One key piece of advice is just to understand the lifestyle implications. Like I said earlier, it's an objectively on paper, terrible lifestyle. I chose it and would choose it again, but you gotta understand the second, third, fourth order consequences of this path.”
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