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As Ernest Hemmingway wisely said, “The best way to find out if you can trust somebody is to trust them." But trusting blindly doesn’t come without risk and if someone ultimately proves they didn’t deserve your trust to begin with, it may already be too late.. That is the devastating lesson that Mitchell Hayes, founder and CEO of Los Sundays Tequila had to learn the hard way.
“We had some people involved with the business in the early days where a lot of money went missing,” Hayes said. “There was no way for us to get it back. And it nearly sunk us. We were working out of my lounge room at home, around the dining room table. I stopped paying myself cause the money disappeared out of the account to keep paying the three employees that we had. The bank account literally hit zero twice.
This was a sink or swim situation for Mitchell and Los Sundays. But, frankly, Mitchell was made to swim. He had been finding his way through all kinds of choppy and unfamiliar waters his whole life. Where did that grit and determination come from, and where did it ultimately lead? Let’s find out. Welcome back to The Journey.
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This season of the Journey is produced by Mission.org and brought to you by UPS. To learn how UPS can help your small business, go to UPS.com/pivot.
Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
What makes for a good story? Is it the world building? The hero? The big plot twist?
How can we be left feeling unsatisfied at the end of a 2-hour-long movie, yet be left in tears by a 30-second commercial? What separates the story that resonates and the one that falls flat?
And what does any of this have to do with business?
“I love brands — I love the stories that they tell,” Johannes Quodt says. “When I was watching TV, I got more excited about the commercials than the rec program.,Particularly what I do remember is how I love these micro stories they told. And I think the storytelling aspect of, of commercials and brands is really an essence. What fascinates me
Johannes is the co-founder and co-CEO of luxury Italian shoe brand Koio. Johannes recognized from a young age that stories have the power to connect with people in a profound way -- a vital skill for still-blooming brands and established goliaths alike. It’s not enough to have a great product, that product - and every component that goes into it - needs a story that connects with the consumer in a way that your competitors’ can’t.
Johannes has found this perfect blend of story and product, and today he shares what that discovery process has been like, how Koio is creating a new category of sustainable luxury, and how he and his cofounder scaled Koio from one “perfect shoe” to an ever expanding collection that is attracting interest from the likes of GQ, Vogue, and even celebrities like Joe Jonas.
All that and more on The Journey.
Main Takeaways:
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This season of the Journey is produced by Mission.org and brought to you by UPS. To learn how UPS can help your small business, go to UPS.com/pivot.
Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
‘I do.’ Those two words conjure up visions of wedding fayre, flowers, cake, brides, grooms. Marriage is a serious decision, complete with signed government documents and promises related to health and finances. If you break down a co-founder relationship, what you’ll find is a lot of those same critical components. Hours of time spent together on a daily basis for an undetermined but nevertheless significant amount of time; finances tied to each other; and a never-ending stream of contracts and other legal documents you both are signed and tied to. And don’t forget the countless conversations, squabbles, laughs and tears that woven together create the fabric of a relationship that can, hopefully, stand the test of time.
Dominika Minarovic, one of the co-founders of BYBI Beauty, knows that choosing the right business partner is like choosing the right life partner: it all starts with a foundation of respect and admiration.
“I was always like equal parts fearful slash pure admiration of Elsie. And I think that's a great combo, obviously not fearful of her anymore, but Elsie has a presence when she walks into a room. Everyone will stop and listen. And I think that's really powerful. I saw someone that I really admire. Elsie and I have really, really been through the wars. Like we've done some hard graft and I don't think at any point, have I ever heard a complaint come out of her mouth? We have carried boxes up like 10 flights of stairs. We've started offices in broom closets.
This kind of partnership is like any relationship: it has to go both ways. That mutual respect for each other is what you’ll need to remember and fall back on when crises pop up. But as Dominka’s co-founder, Elsie Rutterford will say, there’s also got to be an equal level of commitment to the work.
“The word hustle. If you look it up in the dictionary, you will see Dominika Minarovic’s name sat underneath that. So she was a hustler through and through. And I really liked that about her. And I think like the hard working ethic. Yeah. And the way that she applied herself, I was like, definitely somebody that I would want to work with.”
Respect, trust, and common dreams. These are some of the elements that are sprinkled through the story of how Elsie and Dominika found each other and developed their business together. But what else goes into a good co-founder relationship? And how did Elsie and Dominika find the answer throughout their journey to bring their beauty brand, BYBI, to the world? Find out this week on The Journey.
Main Takeaways:
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This season of the Journey is produced by Mission.org and brought to you by UPS. To learn how UPS can help your small business, go to UPS.com/pivot.
Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
There are some beloved characters in pop culture. Dorothy from The Wizard of Oz. Atticus Finch from To Kill a Mockingbird. Yoda from Star Wars.
And then, of course, Dora The Explorer…
Okay, maybe that last one is a bit of a stretch. But for Ellen Bennett, the founder of multi-million dollar apron company Hedley and Bennett, that children’s character’s can-do adventurous spirit resonates with and lives within her. And she has tapped into those qualities to approach entrepreneurship in a somewhat unique way.
I definitely feel like I was a bit of a Dora the Explorer. With enough kind of humble enthusiasm, you open a lot of doors. That's what I did. And it worked. And, you know, I don't always land all of my wild adventures, but in this case, it really was the beginning of a whole new journey. And it's so simple as just showing up sometimes up to the place where you're going to meet the people, or have a chance to talk to somebody who will get you into the next door. And then you keep asking and you keep asking and you're just, you gotta be relentless.
The places Ellen was showing up? They were Michelin star restaurants in Los Angeles and she was going around to the back doors to put her product in front of some of the best chefs in the world. Ellen was not well-known. Her product was an apron — something that every restaurant in town already had in bulk. And she was a one-woman operation trying to leapfrog all of the traditional lanes to go straight to the top and find success.
She didn’t have Dora’s map or her partners in crime to guide her. She was Ellen the explorer and she was out on her own.
Welcome back to The Journey.
Main Takeaways:
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This season of the Journey is produced by Mission.org and brought to you by UPS. To learn how UPS can help your small business, go to UPS.com/pivot.
Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Have you ever had an idea for a business or a product? If you are listening to this podcast, then the answer is most likely a resounding “yes!”
But here’s a harder question… What did you do next? Maybe you jotted some things down in a notebook, or even went as far as making a business plan. But again I ask, what did you do next? Did a few weeks roll by and you forgot all about it? Or maybe, like Ju Rhyu, you took a couple steps forward before realizing what a difficult and risky journey it would be.
“I was doing it by myself. It was very intimidating. I got intimidated by the amount of money that I realized I had to put in for the first PO. So then I stopped, I stopped and I took a job.”
Ju had a vision for a company she called Hero Cosmetics, but there were years between the birth of that idea and actually getting a business off the ground.
Ideas are plentiful. I’ve had them, and I’m sure you have, too. But what is that missing piece that keeps us and those like us from executing on these ideas and dreams? What was stopping Ju?
There is so much risk and so much to fear when you’re about to jump off that proverbial ledge into entrepreneurship. Ju felt that fear deep in her bones and it stopped her in her tracks. That’s not unique.
Main Takeaways:
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This season of the Journey is produced by Mission.org and brought to you by UPS. To learn how UPS can help your small business, go to UPS.com/pivot.
Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Oculus - a VR company acquired by Facebook for 2 billion dollars in 2014.
Popsockets - the little pop out button that attaches to the back of your phone, a simple idea that is now making more than 100 million dollars in profit every year.
And Tile - the bluetooth device that lets you find misplaced items, has partnered with Amazon and sold more than 35 million devices.
What do these three companies have in common?
They all got their start, their first dollar earned, on the crowdfunding platform, Kickstarter. But even with recognizable products and massive success stories like theirs, crowd-funding is still far from the normal way to secure funding, and it is certainly not the ordinary way to secure ALL of your funding year over year for more than a decade.
Yet for Peter Dering, the founder of Peak Design, crowdfunding was the only business plan he bet on. And it was that bet that would propel him from here:
“I had already run out of money and taken a job at a restaurant to make ends meet. I was a food runner, which is the lowest man on the totem pole.”
To here:
“I had a profitable business after two days of selling… The Kickstarter community just flocked to this idea. And so that success was pretty immediate and it felt incredible.”
How did launching a Kickstarter get Peter out of odd jobs and place him at the head of a business skyrocketing to success? And how is he carrying on Peak’s crowdfunded origins every year to continue to fund new projects while building unwavering customer loyalty? Find out that and more on today’s episode of The Journey.
Main Takeaways:
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This season of the Journey is produced by Mission.org and brought to you by UPS. To learn how UPS can help your small business, go to UPS.com/pivot.
Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
What were you doing when you were 11 years old? Whatever it was, do you think it was shaping the person you are today? Not philosophically, I mean directly. Was the 11-year-old you learning the skills you’d need to succeed in the job you’re doing now?
Very few people would answer yes to that question. Russell Aldridge is one of them.
Russell has been a tinkerer and a builder his whole life, and eventually, that passion led him, like many entrepreneurs, to take a leap of faith.
“I said, ‘I'm thinking about quitting my job and starting a company in the garage,” Russell said when recalling the conversation with his wife. “‘What do you think?’ And she said, ‘Well, what's the worst that could happen?’ And I said, ‘Well, we could lose everything and have to move back to Utah.’ And she said, ‘Well, we don't have anything. And I'd love to move back to Utah. So go ahead.’”
There’s no doubt that the company Russell was starting was a gamble. He called it SISU Cinema Robotics and wanted to build robots that could do … well, pretty much anything. He’d had some practical experience, and yes, as an 11-year-old, Russell was learning the skills he’d apply to this company, but now Russell was a father and a husband. He’d already uprooted his family once to walk into the unknown, and now he was asking them to trust him again.
What led Russell here? And how has SISU evolved from that roll of the dice idea into a company that is revolutionizing the film and television industry?
Find out on this episode of The Journey.
Main Takeaways:
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This season of the Journey is produced by Mission.org and brought to you by UPS. To learn how UPS can help your small business, go to UPS.com/pivot.
Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Hey, Journey fans! It’s been a while, and I’ve been eagerly waiting to tell you something exciting… we’re back! Starting this Wednesday, we’ll be releasing weekly episodes highlighting the stories of some of the world’s most incredible small business leaders. They’ve risked it all, made big bets, and ridden the rollercoaster that is entrepreneurship, and today they are running successful, fast-growing businesses. The path is never easy, and on The Journey, we bring you the authentic, unfiltered story of how each of these entrepreneurs really achieved success.
Every entrepreneur has a story to tell, and there are lessons for all of us within their journeys. So I hope you’ll tune in, get inspired and take some knowledge with you on your own journey in business and life.
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This season of the Journey is produced by Mission.org and brought to you by UPS. To learn how UPS can help your small business, go to UPS.com/pivot.
Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
The founding story for any company is comparable to that of a great sports story: It typically features inspiring mentors, classic fumbles and recoveries, and of course, a team that has your back through it all.
That’s why today’s episode of The Journey is a little bit different. Rather than showcase the success of one small business entrepreneur... you’ll hear from three:
Kate, Hector, and Joe are the founding team of Merivis, a nonprofit veteran service organization that trains veterans and military spouses for competitive careers in tech.
The trio has always been determined to build something that makes an impact, but there’s one thing they could have never predicted: That Merivis would be the catalyst for building a community almost as close as family.
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Learn more about The Journey at mission.org/thejourney.
The Journey is sponsored by our friends at Salesforce Essentials. We use Salesforce Essentials every day and it’s part of our own business journey. Essentials combines sales and service tools in a single app to help small businesses win customers and keep them happy. See how Salesforce Essentials can help you be your best business at salesforce.com/thejourney.
Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Imagine this. You’ve been working your way up inside an organization for 20 years. Your kids go to school on the company campus. Your spouse works on campus. You go shopping, get gas, grab coffee, walk your dog, and essentially live, work, and play all on campus.
And then, imagine, 2 decades in, leaving behind that “campus,” your career, and the entire community you are familiar with.
That’s the shocking reality thousands of military families face every year. And while transitioning back into the civilian world can be an exciting time, the stress of finding a new career path is almost unavoidable.
“Traditional sourcing tools were fundamentally not designed for non-traditional talent. They make non-traditional talent invisible. They make people with non-traditional backgrounds confusing to understand because you have to piece together their story.”
That’s Mike Slagh, a Navy veteran and founder and CEO of Shfit.org.
Mike’s all too familiar with the hardships that come with transitioning from military to civilian life... he’s both done it himself and helped hundreds of others find their footing through the process. And it’s because he’s seen it first hand so many times that he knows that that process is long past due for an upgrade.
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Learn more about The Journey at mission.org/thejourney.
The Journey is sponsored by our friends at Salesforce Essentials. We use Salesforce Essentials every day and it’s part of our own business journey. Essentials combines sales and service tools in a single app to help small businesses win customers and keep them happy. See how Salesforce Essentials can help you be your best business at salesforce.com/thejourney.
Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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