Foundr’s BEST of 2024: Hear From The World's Greatest Entrepreneurs

Foundr’s BEST of 2024: Hear From The World's Greatest Entrepreneurs

Released Friday, 27th December 2024
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Foundr’s BEST of 2024: Hear From The World's Greatest Entrepreneurs

Foundr’s BEST of 2024: Hear From The World's Greatest Entrepreneurs

Foundr’s BEST of 2024: Hear From The World's Greatest Entrepreneurs

Foundr’s BEST of 2024: Hear From The World's Greatest Entrepreneurs

Friday, 27th December 2024
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0:00

Hey guys, welcome back to

0:02

a special episode of the founder

0:04

podcast. As we say to

0:06

2024 and gear up for an

0:08

even bigger bigger 2025. looking

0:10

back 2024 has has been nothing

0:12

short of a whirlwind. seen

0:14

seen innovation accelerate at

0:16

a rapid, unprecedented pace, AIs

0:18

transforming industries, market dynamics

0:20

have been unpredictable and

0:23

founders everywhere are navigating

0:25

through this exciting yet

0:27

challenging landscape. as

0:29

founders always chasing the next big

0:32

goal, next big breakthrough, the

0:34

next big milestone. the But before

0:36

we plunge before we plunge into I want

0:38

to remind you to you to pause

0:40

Reflect on how far you've

0:42

come. breath Take a deep breath,

0:44

recharge your acknowledge your journey. up To

0:46

help you gear up for

0:48

what's next, we've pulled together some

0:50

of our best lessons, insights and

0:52

stories and strategies from 2024. the

0:54

year Throughout the year, we've had

0:56

the privilege of speaking with

0:59

industry disruptors, seasoned entrepreneurs and visionary leaders

1:01

leaders shared their hard their wisdom. wisdom.

1:03

conversations have been jam been with

1:05

practical tips, game -changing strategies that

1:07

we can all apply to

1:09

2025. apply So sit back back enjoy

1:11

this recap of this year's

1:13

most valuable insights and let it

1:15

fuel your ambition and inspire

1:17

you to make 2025 your best

1:19

year yet for you and

1:22

your business. business. Here are the stories.

1:24

Learn the proven the

1:26

stories, learn the proven

1:28

methods and accelerate your growth

1:30

and future through entrepreneurship. Welcome

1:33

to the to the with

1:35

Nathan Chan. with Nathan

1:37

Chan. So up

1:40

first we have have Litke sharing his

1:42

experience collaborating with with West

1:44

and how how their partnership

1:46

really reshaped Adidas' approach to

1:48

innovation and creativity. dives Eric

1:50

dives into the challenges

1:52

and rewards of closely working

1:54

with a visionary like who

1:56

really really pushed the boundaries

1:58

and a level of attention that

2:01

not just the Yeezy brand

2:03

but the entire company's

2:05

mindset on what's possible through

2:07

collaboration. I think I think me to

2:09

me and there's a of stories of working with

2:11

partners with think partners are critical and whether it

2:13

be Lionel Messi or whether it be Kanye West.

2:16

messy or know it be partly for

2:18

the oceans. know They're all unique

2:20

little subsets and require a

2:22

different approach subsets and think a different

2:24

What I would say would I would

2:26

from a from a story standpoint is You

2:28

know, you've got to always look at these

2:30

partnerships from a win -win perspective. And you've

2:33

got to be able to say, to be what

2:35

is going to, is what does winning look

2:37

like for you? do you look like for

2:39

you? And, you to be prepared

2:41

for that goal that to move

2:43

quite consistently. move quite And, yeah,

2:45

And yeah, Kani Kani, Kani demanded a certain

2:47

a certain level of

2:49

attention. was happy to provide I was

2:51

happy to provide that with and so

2:53

he didn't like being down down into

2:56

the organization to do stuff He's a a

2:58

He's a maker. He's a thinker. He's

3:00

a doer. He required the highest level

3:02

of level of attention. So usually

3:04

he would seek me out on a

3:06

Sunday evening would seek me out on

3:08

a Sunday evening up. So you'd when he

3:10

was getting up, around Sunday, dinner be

3:12

around Sunday, settling down, okay, you're settling

3:14

down, okay, you're getting ready

3:16

for the work week the phone

3:19

would ring and... my wife will look at me

3:21

and I'd look at her and she'd be like,

3:23

it's Kanye, her isn't it? I'd be like, be

3:25

I'll be outside for another hour or so. it? I'd

3:27

be wanted to talk and I think that's part

3:29

of the commitment you need to make to

3:31

doing these to talk. You partnerships is giving yourself part

3:34

of the, the commitment you

3:36

know. make to doing these, these

3:38

big brand they need

3:40

to be heard. And you need to be going

3:42

into that as you know, opportunity to be heard. And

3:44

some people say, oh, it's Kanye. Like, you're either

3:46

crazy to talk to that guy because of what

3:48

he stands for. And this is before. he stands

3:51

for and this is you know all the you

3:53

know all the horrible things he's said

3:55

come out about out Jewish the Jewish the

3:57

Jewish the people. the people think

3:59

think he He was always, you know having

4:01

having things that he wanted to

4:03

talk about. and they typically they weren't

4:05

always the most flattering, so it

4:07

took a little resolve resolve to to

4:10

make yourself accessible to that

4:12

every Sunday. to that Was that that was

4:14

that with him and with him and and

4:16

you out burn you out I mean, he

4:18

he was um he was an he's a creator,

4:20

right? a creator So me, so

4:22

to me he taught He taught us a lot. how

4:24

to about how to create to how to

4:26

never compromise and never be done with

4:29

things and never settle for something that

4:31

we've done before. So I think So I

4:33

think his his His attention

4:35

to detail, on his focus on

4:37

consumer, and his ability to

4:39

redefine what's next. were

4:41

certainly inspiring. having said that, having

4:43

said that he was very very

4:46

challenging to work with on a regular

4:48

basis the teams know for the teams again,

4:50

my access to access to them my to

4:52

exposure to him was very limited I

4:55

was was only there as an escalation

4:57

for him the teams on the

4:59

ground I think he was very challenging

5:01

with he was from a detailed standpoint

5:03

and just from a detail and and just

5:05

from a expectation and well, there

5:07

you go. Cause

5:09

the thing is right, like. you go. Um,

5:11

because the I think of

5:13

the times if I think of times and

5:15

the, you know, the that kind

5:18

of as competition and that ambassadors

5:20

to for the

5:22

brand. build the brand. I I

5:24

truly, you know, standing

5:27

from a a bystander standpoint,

5:29

the and still are very cool.

5:31

are like that that was a that

5:33

was a really cool play really cool play.

5:36

know, I often think about a brand. about

5:39

and what makes a

5:41

brand cool, makes a

5:43

And that cool, right? product

5:45

behind product behind Adadas and, you

5:48

know, Kanya, that collaboration. That

5:51

was a a big move Adas and think

5:53

it was it really solid one. one.

5:55

Was that something, you you said you

5:57

really handled the collaboration and kind

5:59

of the... Was was that? your thinking Was

6:01

that your thinking to came

6:03

me through how that came

6:05

about? was a Yeah, because I think

6:07

it was a brilliant move ways. many

6:10

ways. I think, I think listen, it's, it's, I'd love to

6:12

I'd love to say I had

6:14

the how to make that to it that but

6:16

it was. is I did not is

6:18

I did not sign Kanye

6:20

to that was brand that was done

6:22

by my predecessor Herman Dininger. I, I, I, when

6:24

I was appointed to the board when I was appointed

6:26

to the board position, where I business as well as,

6:28

you know, for that business, I, I had great people running

6:31

well as, you know, the the business, business in

6:33

general. him. It started as, know, I had

6:35

great people running the business. remember that

6:37

product working on the business, developing the business

6:39

with him. and, and really It started that on, on, on,

6:41

know, very small. that It started with, you

6:43

know, would present, he would present, he was, he would present, know,

6:45

the he would if you remember that

6:47

product, and some of our great he

6:49

running product he would present, he highlighting that on

6:51

the stages that he would present present,

6:53

on. he would And then, and then it,

6:55

you know, then that worked so well that we're

6:57

like, okay, now let's take the next step. Why don't

6:59

we give you an opportunity to create some of

7:02

your own an opportunity to create would go your

7:04

come to And Germany would go were

7:06

headquartered and he'd work in the

7:08

atelier shops with the in Germany, or

7:10

we were the developers. He'd work in the

7:12

and we really get to see with the

7:14

creation This guy is really a creative

7:16

force. I mean, just to see how

7:18

he goes. to see firsthand. 24 hours

7:20

hours a day, have you know, we'd have to

7:22

rotate people in to work with him from a

7:24

garment creation standpoint and what have you. and what

7:26

he would just And he would just like he'd be, go,

7:28

just like just like just like he'd music, I

7:30

believe, and just learning from him

7:32

as far as his from him as far

7:34

his creation remember he was the first person. I remember

7:37

he was the from a from standpoint that would

7:39

go to Asia, go to China would go

7:41

to Asia, work in the factory because he

7:43

wanted to see how things were being

7:45

made. He wanted to understand how to

7:47

create things. made. There's a lot of

7:49

richness there to learn from what a collaborator,

7:51

if you give them the permission, you give them

7:53

the keys. the keys to some of your some

7:56

of your infrastructure can really do and

7:58

so much that he saying about it it. You

8:00

know, one of the songs he the about all I need

8:02

was the infrastructure to prove my vision. It's

8:04

not unlike some of the things I know about

8:06

his music career. some of the things

8:08

ultimately we kept doubling down and so then

8:10

we built we kept room, down,

8:12

and sample room in a sample had, there was

8:14

a music studio next door where he

8:16

could in his music and his product at

8:18

the same time a he could go back

8:20

and forth because that's kind of how he

8:22

was. he could himself and he was

8:24

never really finished and he you know He would

8:26

again work with teams that we have on the

8:28

ground there. So forth, it It was a it was

8:30

a learning experience to say the

8:32

least from my own personal view.

8:35

know and know, and to be to for things

8:37

to go so badly I quickly,

8:39

I wasn't there for the the

8:41

the of the easy relationship with

8:43

Adidas, but. I certainly was

8:45

aware of it and witnessed it

8:47

and it to Kani enough to enough

8:49

to know things were You know, things

8:52

were not a good place for him, you know,

8:54

mentally, as as he's self -admitted, but also - also

8:56

for the things he was saying and the anger and

8:58

pain he was bringing into the world with some

9:00

of his comments. the world with some of his comments were

9:02

quite you know to myself myself I know

9:04

a lot of people that know for of

9:06

people that work for was a so it's it was

9:08

a it It was a it was a it that a

9:11

story that you know, few of us

9:13

will have to tell in its entirety

9:15

in it was it was it was it was it was

9:17

but it also was something I

9:19

don't want to want this of because of some

9:21

he made afterwards or during, I

9:23

think or during I think he also taught taught a

9:25

powerful a powerful lesson to and the and

9:27

the industry on how to create and

9:29

build things. things. Okay, so up

9:31

next we have have Allison Ellsworth

9:34

the exciting story behind behind Poppy's

9:36

Super debut. What started as

9:38

as creative idea evolved into

9:40

a last minute opportunity

9:42

that almost didn't happen. didn't

9:45

days to go. just four days

9:47

to go, - secured a spot

9:49

right before a spot right

9:51

the ad success tripled

9:53

poppy's brand awareness over. brand

9:55

awareness overnight. ready were ready

9:57

to start running media.

10:00

linear streaming cable TV. And so up into that point,

10:02

so just into that point, we had

10:04

just created some fun flavor spots

10:06

that were just all about flavor and

10:08

bubbles and and and juiciness. And

10:10

we're like, and is the next evolution

10:12

of that? So we went

10:14

into a creative process and came

10:16

up with up with what our was,

10:18

but we but we did not make

10:21

that Bowl Super Bowl ad, which

10:23

I think is really interesting. It

10:25

was just a piece of that we

10:27

thought that we evolution of a... of

10:29

a... Poppy. created it created it and

10:31

we started testing it and it was

10:33

performing really really well. were connecting with

10:35

it and we're like it and were like, This

10:37

is special, maybe we should throw this

10:39

up on the on the Super Bowl. Not a Not a

10:41

lot of brands can one say that two to actually

10:44

follow through and do that. get that a a

10:46

lot of people can wake up and just be

10:48

like, I'm gonna do a like gonna do a But

10:50

we just felt with the brand and our community

10:52

our the momentum and our growth, it was like

10:54

and moment and our time. our moment there

10:56

was a problem. We couldn't quite find a

10:58

Super quite find a They were all sold out. were

11:00

all sold out So we we started

11:03

calling around like crazy. I was part of this

11:05

of this group, found someone, emails, we

11:07

ended up, anyway, someone called called hey,

11:09

we got a hey, for you. a super

11:11

This was four days before the

11:13

Super days before the Super Bowl. Wow. Wow. And the thing

11:15

is we'd been wanting thing is we'd been wanting one

11:17

for a while. We've been looking, we we were

11:19

fully prepared. We had the creative, we had

11:21

the budget. We were like ready to go. wasn't

11:24

like we were were fumbling, trying to get it

11:26

last minute, but it ended up coming through

11:28

four days get it last minute. But the crazy catch was

11:30

it was a floater ad. So a lot of So lot

11:32

of people don't know. We didn't have an

11:34

exact spot. We didn't know when it was know

11:36

air. was And we just knew that it had

11:38

to air within the Super Bowl before the end

11:40

of the end of the and thank you for watching

11:42

you Super Bowl. the It could have been It could have

11:44

right? after, right? We that? go for it? go we

11:47

did not we a discount. a discount. And we

11:49

were so lucky it aired one minute

11:51

before halftime right before Usher went

11:53

on. went on. It was like the most

11:55

magical moment where everyone's getting

11:57

ready to watch ready to know. like, you

11:59

know. the half-time show. it just it just

12:02

really hit home for people it

12:04

it wasn't celebrity soup, which soup

12:06

will add has like 38 celebrities in it.

12:08

it. And it was just this

12:10

this of why we are soda

12:13

and poppy a soda. I I think we

12:15

said soda 17 times and

12:17

it was actually like crazy, we

12:19

counted. We And we tripled our

12:21

awareness Our Our household penetration went

12:24

up. Just the amount of

12:26

people being like, like, wow, poppy a soda

12:28

for the next generation. just like overnight

12:30

happened. All right now let's hear from

12:32

Noah Kagan who highlights one of the best

12:34

of the best traits that

12:37

founders from from everyone else which

12:39

is taking action advice on how he

12:41

tests on how he tests

12:43

ideas without needing directly why

12:45

speaking directly to customers is the

12:47

key to validating demand. of a Coming

12:49

back to the beginning of Million Dollar

12:51

Weekend and what I've seen be the difference

12:54

of success from someone being a zero person being in

12:56

person. is that they that they started.

12:58

And what they use as is an excuse

13:00

to actually do the hard part, which is to

13:02

see if there's really customers. part, which to see

13:04

if there's how you get a customer And someone

13:07

to be your customer. a customer is you

13:09

ask someone to be your customer.

13:11

The cyber that come in Cyber, what it should be

13:13

called. out truck right, that was six years

13:15

from when he Right. That was six years it

13:17

till he actually delivered it. think

13:20

the and was about 10 years. people wanted

13:22

it so from when he announced it, full

13:24

self -driving, it's been 12 years and I don't

13:26

think it's out. about 10 years. still in

13:28

beta. This is just one This is just

13:30

one example. so the reality is And so you

13:32

see if people actually how do you

13:34

see if people actually want something before

13:36

you go and invest of lot of or

13:38

need it to get investments? So I built an absciment I built

13:40

my previous million dollar company my

13:42

an investment. And so, company without do

13:44

you actually do these things? do you actually do

13:46

these it's not about the it's not about

13:49

the capital. back on a back comment,

13:51

comment, you you you guys are are tech

13:53

tech Like, yeah, Like, I I very fortunate. to

13:55

to work for Mark Zuckerberg. I was very

13:58

fortunate to be around Peter around Peter Thiel. and

14:00

be around like literally the elite, the know, you know not

14:02

whether the politics, just like elite thinkers in business and

14:04

to be able to learn from them so then be

14:06

able to apply it and kind of teach it then

14:08

be able I live in Texas to the rest

14:10

of the world, outside of Silicon Valley. Texas to the rest

14:12

was talking to Justin outside of Silicon and I

14:14

was and Fire? to Justin mayors and I

14:16

have gone know back on from kettle fire

14:18

yeah he that's a big company, on

14:20

and Fire. guys beast that's a think it's

14:22

like company business selling soup. yeah I think it's

14:24

I remember asking him because he

14:26

dollar at selling soup yeah Oh Oh, really? you

14:28

you go. he's a smart market. Yeah, yeah, Yeah. hired

14:30

somebody that for us. work for us. Yeah, he's a

14:33

he's guy. a really great guy.

14:35

He lives in Austin as well I

14:37

remember I remember asking him, I said, why are Why

14:39

doing soup? You know, like, you're like,

14:41

you're smart. And he's like, he's like, don't I

14:44

don't want to compete against people like

14:46

you are smarter. you are smarter. Like

14:48

in the I'm competing against competing

14:50

against like normal people. know, you know. someone like

14:52

him or him like Larry like I just

14:54

did a put out a video on I

14:56

YouTube channel. put out a believe on

14:58

a billionaire, if not beyond.

15:00

He does a billionaire million a

15:03

year he plumbing. 650 million dollars

15:05

a year doing plumbing and basements

15:08

said, for him to win most of the time, win

15:10

show up on time and sober. he they

15:12

show up on time and sober now I'm I'm

15:14

competing against like Stanford,

15:16

MIT, and and

15:18

competitors. showing up and

15:20

on time? on time That's a lot better. and

15:23

and that's just plumbing in basements and so And

15:26

so, you know one of the businesses I'm most

15:28

excited about is lawn care. excited about is lawn

15:30

care and because it's universal and

15:32

it's universal and You don't do the lawn,

15:34

the lawn dies. don't take care of your pool,

15:36

out of water take care not happy. pool, it goes And

15:38

so that's a great, the you want not

15:40

AR, And so no competition over there. want

15:42

and you could put and AR, me a text when

15:45

you come to my house, otherwise they just show

15:47

up and they don't tell me anything or let

15:49

me request things via send me a text. And you could

15:51

validate all those businesses businesses on a few doors, calling

15:53

your neighbors, asking at church, asking and find out

15:55

very quickly. is, and You can get customers to do that. you

15:57

can get customers to do that. And I don't.

16:00

think you need a lot of investment of mow lawns. mow You

16:02

sell some customers, some you go and rent one. can go even

16:04

rent goes for tech, if that's also what people want

16:06

to do, which that's been my whole, want that's how I've

16:08

made all my money, my so. that's how I do is

16:10

tech, but it doesn't mean do exclusive to how people

16:12

get successful. to how I think through my

16:14

YouTube channel. and I think through my YouTube channel

16:17

I get excited when people are getting rich in weird ways.

16:19

rich in weird ways like of my of my I'm still

16:21

trying to interview this guy, the guy that creates this guy

16:23

know, you know, you know, he creates a little, a little the

16:25

sense the ones you ones you put on them

16:27

when you on to the bathroom. put on them to the

16:29

There's a brand in America called America And

16:31

I'm just like, I wanna meet the

16:33

guy that like I want to meet the guy that they're there's

16:35

so many ways of getting rich. It's awesome

16:37

so it's available to everyone. And I believe,

16:39

and it's available people are and where they can

16:41

be. truly that they are and

16:43

where they can be is much closer than people be, where they are

16:46

and where they much closer. And you can get

16:48

rich doing cookies. people In your rich doing much closer

16:50

and you I'm rich coconut cookies.

16:52

caps. get rich doing this You know,

16:55

there's just so many interesting ways of getting rich,

16:57

but it's getting started. work. getting good at asking

16:59

people for things and then following a process, which is

17:01

what I laid out. which is to make it available for

17:03

everyone. And I don't believe you need capital. I don't

17:05

believe you need a bunch of other co capital. I I

17:07

don't think you need to use need a You can. other can do

17:09

all these things, but I think you have to. I think

17:11

you have to find real customers with real problems. I don't think

17:13

you then from there, I think we can build these other things

17:15

that help support that. with real most people just do it the

17:17

other way. from there, yeah, we can build these

17:19

other things that Yeah, it's so But most

17:21

how it's the most obvious

17:23

thing, just to speak to prospective

17:25

customers or speak to existing

17:27

customers, but it's something that it's something

17:29

that people just like, the plague. plague. Yeah

17:32

I can tell you why it's because they're afraid.

17:34

It's easier can tell you why to because they're

17:36

afraid. get It's easier for them to talk to

17:38

strangers and get rejected than to their friends the

17:40

feel embarrassed. are the ones when in the reality your

17:42

friends are the ones who want to help you the most. that want

17:44

to make you the ones I want to make you

17:46

succeed ways to be One of the best ways to

17:48

be successful in entrepreneurship is liquid assets. is look what

17:50

assets You already have. Look at what your unfair advantage

17:52

is. is. There's a a

17:54

gentleman who works who I met and he who

17:56

I met. start a newsletter He's like I can do I

17:58

can do health and fitness was like like you were

18:00

an NBA health coach. Right about

18:02

the NBA. You can't copy that. Or

18:05

like on YouTube, no one can copy Nathan talking

18:07

about founder. No one copy talking

18:09

about Apsuma, because that's just me. And

18:11

so, you know thinking about what do

18:13

I have an access to which people like I've

18:15

been in Silicon Valley So it kind of knew

18:17

when I started absumo, I was like,

18:19

well, maybe I can cold email or get referrals to people over

18:21

time, which I was able to do. I was

18:23

able to work with Tim Ferriss and work with these different

18:25

people from just being in that environment. And

18:28

that's available for everyone, Like, like who do you know? This

18:30

guy, that Jake that came here recently, he plays a lot

18:32

of golf. I don't know how

18:34

to play golf, I just do the driving range in

18:36

Margaritas. Jake

18:39

plays a lot of golf with a lot of people He has

18:41

an advantage there Or maybe geographical advantage.

18:43

Maybe you're in India. Maybe

18:45

you have something in South America, wherever it is. How

18:47

do you take advantage of that and compete unfairly in

18:49

these areas, which is what I encourage people to do?

18:52

doesn't mean you can't, otherwise it's just gonna make it, make

18:54

it a lot harder on themselves. Okay,

18:56

up next we've got Shay

18:58

Mitchell who talks about the creative

19:00

concept behind the base wash

19:03

pop -up. So instead of showing

19:05

away from customer complaints about the

19:07

light -colored luggage getting dirty, she

19:09

leaned in and set up

19:11

a luggage car wash complete with

19:13

custom scrubbers, bubbles, and drying

19:15

fans. And it was more than

19:17

just cleaning bags. It was

19:19

about showing customers that base goes

19:21

the extra mile to make

19:23

things right. So a common issue

19:25

into an unforgettable. brand experience. Pop

19:28

are a really fun one for

19:31

us because we are majority D

19:33

C. It's

19:35

that time where we can get to

19:37

be, meet our consumer in real life.

19:39

And I think, you know, we don't

19:41

have that commitment that we would necessarily

19:43

have if we were in brick and

19:45

mortar. And so when we have that

19:47

pop -up, I mean, this one was

19:49

super short. It was like three days,

19:51

two really, two and a half. Which

19:55

is crazy Because like that was a

19:57

lot of work for those two days, but

20:00

it's because we get to go crazy with

20:02

our crazy with our design and think about it.

20:04

You know, we first started, our first pop -up

20:06

was at at the and that was about a

20:08

month. about a month and it was our base motel. And

20:10

I wanted to start with motel because I knew

20:12

that eventually we'd go into a hotel we'd

20:14

go into a hotel and It It was

20:16

a small little pop up there. I just, I I

20:19

to be to be able to create this

20:21

sort of experience for our consumers who

20:23

had never seen us in real life

20:25

to be able to come in into

20:27

this curated experience and like get to

20:29

see the product to see the a

20:31

normal setting setting. this motel setting. We had a little

20:33

check -in desk, you know? we had a little like

20:35

at at that point it wasn't our hotel yet.

20:37

So we just had a little waiting area

20:39

and like a couple a but they could see

20:42

the product in like a space like that. space

20:44

And that was really fun. Then we moved into

20:46

the we moved into the base hotel there we took it

20:48

another step further. We had a check -in counter

20:50

We even had an elevator and then you went

20:52

into the room into the we had a bed

20:54

on the side of side you could see could see like

20:56

where your your product would look in a

20:58

room. If you were We had, we had, you

21:00

know, the little cosmetic case in a bathroom

21:02

that we had. We even had a patio

21:04

space. Like, it was really cool because people hadn't

21:07

seen anything like that. And I didn't want

21:09

to just create a store atmosphere. I wanted

21:11

to create. I wanted experience, again, because being

21:13

so heavy on heavy on we never get

21:15

that opportunity to see people in

21:17

real life in real life. and to bring an

21:19

experience. And then with the

21:21

base wash, that that was an idea that

21:24

came because we were launching this

21:26

new color, our clean slate collection. Clean

21:28

slate, top of the of the year fresh

21:30

start that campaign that we had actually

21:32

shot in November for, it was like

21:34

this car wash, you know, know cleaning the

21:36

luggage. It was this like cool.

21:39

I see blue color and And the whole

21:41

whole thing was just like fresh bubbles,

21:43

of that and then I had kind

21:45

of seen some seen on social People

21:47

on like I got this color and

21:49

it got dirty, you know it got

21:51

My suitcase has, you

21:53

know, has, you know, a couple stains on

21:55

it, and I'm like, I'm like, you

21:57

know, on one hand, I'm like, like,

21:59

oh man. Does feel this way when people like

22:01

get their Air Force ones dirty, you know,

22:03

do people get like mad at Nike? I don't

22:06

know don't know. you you the bag. It was brand

22:08

new. It was clean I can't control what

22:10

happens to it when people are to it down

22:12

the thing into that it down the thing but they

22:14

still come for me they one point I'm like, me. And

22:16

at one point, just tone it in.

22:18

just hone it in. I get get really sensitive

22:20

about it because base is truly like my first

22:22

child. It's my company. I put everything into

22:24

it So of course I feel it more. I

22:26

don't care when people speak about me, but

22:28

when you speak about the brand about me, but when baby,

22:31

I'm like, brand and my baby, I'm

22:33

like, ugh. So anyways, Bringing it

22:35

back, I I was like, people are saying

22:37

that this and the lighter the lighter color

22:39

obviously, are getting dirtier. dirtier. Let's

22:42

create this experience where we can do

22:44

like a service for them and we

22:46

can clean up their bags. and And this

22:48

is all about fresh bags. fresh year, is

22:50

clean slate. bag, You know. your clean

22:53

have know, of have this sort of base wash, cart wash,

22:55

vibe. And from from there, it was

22:57

just like, boom, I visited so

22:59

many car washes. I pulled so

23:01

many I knew that I knew that I

23:03

wanted an old coffee machine in

23:06

there. I wanted a water station.

23:08

I I wanted buckets everywhere. I

23:10

wanted sponges. we know, we partnered with

23:12

with scrub they came out with out with

23:14

own little suitcase scrubbers, you know?

23:16

And then this wall, I wanted

23:19

to use the material to material to

23:21

base logo that then had like... drawing sort of fans,

23:23

sort of fans, you know, like when

23:25

you're going through that car wash car

23:27

up your car. I wanted that for

23:29

the little photo op and I want the

23:31

and all of this stuff and it's

23:33

just such a fun way to play

23:35

for us because I'm like, oh, we

23:37

get to have them come in to

23:39

our experience oh, we get to have them um, to our

23:41

this whole vibe for our consumers vibe for

23:43

our consumers and the, the, Cleaning up their their you

23:45

know, was just sort of just back

23:47

to them our being awesome. to Whether you

23:49

bought something or not, if you had

23:51

a something or we would clean it for

23:54

you. base bag, we would clean it for you. And I

23:56

wanted to do that. I that. I also, though,

23:58

am the complete opposite. I will. love when

24:00

my bags are all batted up and I

24:02

love stickers that are like take it off

24:04

of them I want it to look travel

24:06

just like I want my passport to be

24:08

like full of stamps I feel that way

24:10

about my suitcase but not everybody does so

24:12

for those people who don't we cleaned it

24:14

up for them All right, up

24:16

next, we've got Alicia Scott, who

24:18

shares the story behind her brand's

24:20

name change and how a trademark

24:22

dispute turned into a blessing in

24:24

disguise. So she opens up about

24:26

launching under the name skinny Dip

24:28

Cosmetics, receiving a cease and desist

24:31

letter shortly after. And really how

24:33

that experience led to the birth

24:35

of range beauty. funny because

24:37

initially the entire theme, the

24:39

name, was completely different. So we

24:41

were originally called skinny Dip

24:43

Cosmetics. because I loved the

24:45

idea like skinny dipping You're at your

24:47

freest moment, right? And so that's how

24:49

I wanted you to feel, even though

24:51

it's makeup, I still wanted you to

24:54

feel free. I wanted your skin to

24:56

feel free as if you weren't wearing

24:58

anything like skinny dipping. and so that

25:00

was our initial name. And,

25:02

you know, we were very chronicle

25:04

girlies so lots of pinks

25:06

and glittery and all of that.

25:08

and our first initial order came under

25:10

that name and it came when

25:12

we added our website to our social

25:14

media. So I had a landing

25:16

page with the wait list and so

25:18

once the page went live, those

25:20

people who are the wait list were

25:22

notified. and so and

25:25

were also hosted on Squarespace

25:27

initially So our first order

25:29

came through Squarespace. and we operated

25:31

under schedule. dip I believe I was,

25:33

I maintained it live for a month.

25:35

before I was sent a cease and

25:37

desist um what's called skinny dip

25:39

it's a company out of London and

25:41

they actually started it off with

25:44

phone accessories and then they went into

25:46

fashion I believe and then they

25:48

watched their own makeup line. and they

25:50

evoked me and my little self they

25:52

emailed me and said hey infringing on

25:54

our trademark And so

25:56

we can go to court or you

25:58

can shut down. And I

26:00

thought, oh my gosh, like so small,

26:02

I didn't even... It's fine.

26:05

So I set down and that's

26:07

what led me back to the

26:09

drawing board and how range was

26:11

actually born. Mmm,

26:13

so... So this

26:15

is an interesting experience because I had something

26:18

similar happen to me in the early

26:20

days founder. So when I started, founder wasn't

26:22

called founder. It was called Key to

26:24

Success Magazine and we were sued by a

26:26

big business magazine out of the States,

26:28

one of the biggest ones. And

26:31

for trademark infringement, they

26:33

didn't send us a cease

26:35

and desist though. They,

26:38

lodged You know proceedings, so

26:40

I got a FedEx package

26:42

basically saying that I

26:44

needed to appear in Dallas,

26:46

Texas on this date

26:48

for trademark infringement and This

26:51

was the first four months

26:53

of Starting Founder and... and

26:56

I remember waking up in the morning and

26:58

receiving that letter and being like, oh

27:00

my God. and just like, so scared. And

27:02

I'm like, I remember speaking to my

27:04

mentor at the time and I said, he's

27:06

like, I said, I'm so scared. And

27:08

he's like, what do you like, He's like,

27:10

you have any money? And I was

27:12

like, I was like, no. And he's like,

27:15

well, because I was scared I was going to go bankrupt. And

27:17

he's like, would do you have any money? And I was

27:19

like, no. And he's like, well, what does it matter then? And

27:22

yeah, it's like, it's a

27:25

scary feeling, right? It was

27:27

scary because I remember getting

27:29

it And I do

27:31

recall ignoring it at

27:33

first, because I'm like, no.

27:36

And back then I did obviously

27:39

it was my error and not, You

27:41

know I filed for my LLC, but I

27:43

didn't look up to see okay, this

27:45

trademark? And I was thinking well I spell

27:47

it this way and you spell it

27:49

that way and I'm doing this and you're

27:51

so then I can't be infringing And

27:53

they repeatedly, they kept sending emails and said, okay,

27:55

we can take these to court. and

27:58

And And I remember I sent off.

28:00

a - anyone you know, I'm a small

28:02

business. I just, I I'm just

28:04

getting started. started you know for you to

28:06

come at me this way, know it was

28:08

fine I You know, it was fine, I

28:10

think I was fortunate the time I was hand At

28:12

the time, I was hand do a run where so

28:15

I didn't do a run where let's say I

28:17

had. with the name but at the time I with

28:19

the name, but at the time I

28:21

did have boxes. I had outer with the

28:23

name name just just went to waste, obviously

28:25

the website. website our social media like.

28:27

like going through the process of

28:29

changing everything, but. It

28:31

was scary and at the same

28:33

time, it made me time and made

28:35

me I doing something

28:37

that landed me on

28:40

your radar radar enough? Where I

28:42

have I have barely launched, at

28:44

the time our social media was

28:46

very much buzzing, I will

28:48

say. say, but it was, it give me

28:50

that little, what did I

28:52

do? I do? that would land my

28:54

small brand on because were sold in were

28:56

sold in were sold you They were

28:58

sold these all these different stores

29:00

in the US well as their UK presence

29:02

But it did make me

29:04

feel like okay there there must be

29:06

something that you feel a little

29:08

threatened by maybe, by so. so yeah

29:10

no that's no, that's awesome. I don't know

29:12

about don't know about you but my experience

29:15

was it was a blessing in disguise because

29:17

then that's how I got the name I got the

29:19

name founder right mm-hmm Exactly

29:21

right, was absolutely a

29:23

blessed witness guys Even at

29:25

the time, our the was tagline

29:27

the Forgotten Shades. for the I

29:29

was nervous to really push

29:31

our story of being of being

29:33

and eczema -prone skin, because you know

29:36

we're in know, we're in an industry where flawless

29:38

skin is pushed and we're in an industry

29:40

where conventionally pretty is pushed and

29:42

so And so though though it was

29:44

our benefit and everything, I I was

29:47

just like, oh, let's focus on being

29:49

clean beauty. Let's focus on saying we

29:51

prioritize deeper skin tones. deeper skin but

29:53

it absolutely was a blessing

29:55

in disguise because disguise beauty, beauty, up

29:57

with that up with the whole

29:59

rebrand. that we did like our packaging

30:01

now and our branding now and our messaging

30:03

now, we needed that to happen. Yeah,

30:07

it's such a great story. Thank you

30:09

for sharing just lastly on that. Did

30:11

you? Like,

30:13

did you ever think about giving up when

30:15

all of that happened? No, I

30:17

think that was another blessing was

30:19

that, you know, god forbid I

30:21

was five years in under skinny dip and

30:23

they sent me that, you know? For

30:25

them to send it, and I honest, like

30:27

I say, I believe it was one

30:30

to two months. It was very shortly after

30:32

we launched. And even

30:34

though I was upset about the waste of

30:36

money again on the outer packaging and things

30:38

like that, it wasn't a large run so

30:40

it wasn't, oh my gosh, I have thousands

30:42

and thousands and thousands of things with skinny

30:44

dip on that I now have to discard. It

30:47

was definitely still like, oh, I hate that I had

30:49

to waste my money and I can't use these things. But

30:52

it to be so early on, that

30:54

was where I was fortunate. All

30:56

right, up next we have our

30:58

man Guy Kawasaki reflecting on his

31:00

time working with Steve Jobs. He

31:03

shares a crazy fascinating story about

31:05

being put on the spot

31:07

by Jobs and the critical lesson

31:09

that he learned about honesty, preparedness,

31:11

and the difference between mission driven

31:13

and egocentric leadership. One day

31:15

I'm in my cube and Steve

31:18

Jobs shows up with this stranger.

31:20

and He

31:22

asked me what I thought of this

31:24

product and I told him, you

31:26

know, Steve it's a mediocre product, mediocre

31:28

user interface, doesn't really take advantage

31:30

of the back and toss graphics

31:32

and capabilities and I just basically

31:34

ripped on the product and the company.

31:37

And after that, he turns and

31:39

he says to me, I want

31:41

you to meet the CEO of

31:44

the company. So just say Steve

31:46

completely set me up but There's

31:48

a lot to learn from

31:50

that story, so number one

31:52

is you better be well informed

31:54

when you work for someone like

31:56

Steve, because I guarantee you that

31:58

he probably thought that that - and

32:00

was crapped, too. crap And

32:02

so if you had said you great.

32:04

it was might have fired me on

32:06

the spot. me You know, because

32:08

it would mean that I was

32:11

stupid it would he did not tolerate

32:13

stupidity. and he did not tolerate

32:15

should be So you you

32:17

should be prepared. you And you

32:19

should also be honest, because also

32:21

you had tried to hedge

32:23

that if you had tried might have

32:26

been fired. you also might

32:28

have been know. Let's just

32:30

say say that when you When you came

32:32

to work in the Macintosh you

32:34

had to prove yourself every

32:36

day. every day. That's what life was

32:38

like. many many people, know, know, they've

32:40

heard the stories and seen

32:42

the movies, etc. And they all all think, you

32:44

know, what an asshole to work for. How

32:47

terrible. But I'll tell you. I tell you, I am

32:49

am where I am because of Steve

32:51

Jobs. I don't think I don't think I

32:53

would have progressed in my career nearly

32:55

as much without that experience. I've

32:57

come to look back on the

32:59

toughest coaches, toughest bosses, toughest teachers,

33:01

and I've come to believe they

33:03

teach you the most. believe they teach

33:05

you the most. And, you You

33:08

know, there's a very

33:10

important lesson in the

33:12

categorization of assholes. So there are

33:14

assholes are are who are

33:16

mission -driven assholes, and they're

33:18

assholes who are egocentric. driven

33:21

assholes. So the egocentric

33:24

assole. is all about myself

33:27

you I, I not am I not

33:29

brilliant? I Am I not the

33:31

best? Am I not the

33:33

greatest? there's And then there's the mission driven. assil,

33:35

and the -driven asshole only cares

33:37

that you create a

33:40

great product or service. product or

33:42

service, and you, you know, customers, and

33:44

you make customers, and

33:46

you please customers. And gonna

33:48

gonna stand in the way of that

33:50

mission. mission. That's the kind of

33:53

mission mission-driven Steve Jobs was.

33:55

He was not the not

33:57

the ego-centric mission. was not the

33:59

the ego-centric... Assole, he He

34:01

was the mission driven assole. So all

34:03

your you entrepreneurs out there are listening.

34:06

I'm not I'm not saying that you have

34:08

to be an asshole, but you have to

34:10

be mission -driven. All right we

34:12

have Raquel and Adam Boris who

34:14

shared a a story about being

34:16

catfished by a fake fake who was their

34:18

manufacturer for nearly for years. two years

34:21

From a fake lab set up

34:23

to deceitful contracts and inflated

34:25

prices, they recount the moment they

34:27

realized something was off and

34:29

how they eventually uncovered the truth.

34:31

they eventually found a perfume in

34:33

Sydney I found a perfume easily and we

34:35

worked with him for we worked

34:37

with him for like two and a half

34:39

to three years. years. And then I always

34:41

said to Adam. Adam, I don't don't think he's

34:44

a like I don't think

34:46

he's the the perfumer. And I did, I

34:48

it for so long because he

34:50

wouldn't give us IP to the recipe, like

34:52

the recipe, because we the recipe we're trying we

34:54

needed it because our to we're registering

34:56

our products overseas in the UK and

34:58

Europe and it's like and they a

35:00

hectic process the they were asking for

35:02

like the full IP and I'm like

35:04

we don't own don't own it like

35:06

it's not ours ours. this guy wouldn't

35:08

give it to us and he's

35:10

like and then then I then I I was

35:12

like like he doesn't he doesn't doesn't own

35:15

it like otherwise that because we're like we'll give you

35:17

whatever money you want and like no no and I'm

35:19

i'm like everyone has a price and was

35:21

like like he mustn't own it, it's not

35:23

his to give his to give then turns out turns

35:25

out at the wasn't he was like the middle

35:27

like the getting it made by the perfumer

35:29

who we now work with. now work with but

35:31

his he's and it's nothing wrong

35:34

with nothing wrong with the lots of right that

35:36

he was deceitful about it. he was a

35:38

website about had he had a

35:40

years said history in the

35:42

fragrance industry. fair history in the to

35:44

his core of who he was

35:46

and all of that. of you know.

35:49

He yeah and you know believable. believable. And every

35:51

time we'd meet him, him was. was at

35:53

a we had a office or something something like

35:55

that. with wrong with that, but sort

35:57

it wasn't starting to piece together.

35:59

together yeah And then we had a call with him.

36:01

with him about like the next the

36:04

next that were were coming. and I And

36:06

I looked at the background of the the

36:08

I'm like, I'm like fake a fake set up like you

36:10

have like a um like a like coat on

36:12

the girl had a lab coat on coat

36:14

on and she was walking

36:16

around this circle table product display all

36:18

over it over it. I'm like

36:21

we started him thinking about like this

36:23

is not adding up and then like looking like

36:25

pausing the video I'm like this is

36:27

bullshit Yeah. So you got off the call

36:29

off the call and

36:31

we're like fully up with this.

36:33

with obviously we get lots of

36:36

people reach out to us, you get lots of

36:38

people reach out to us, the know, throughout the

36:40

process once they see the brand. to make your

36:42

stuff. We wanna make your fragrance, we wanna

36:44

make your fragrance. And you And you

36:46

never to to sort of disrupt that that

36:48

product because it's fragrance and it's so

36:50

like, you know, important that it stays the same

36:52

all the time. all the time. Do we say to all

36:54

these people that reach out all the time? the

36:56

time? And And then one

36:58

guy just very persistent. persistent. he

37:01

sent an email. He sent sent it

37:03

a DM to personal page once, and

37:05

he said, once. And at the

37:07

time, we're having a time, we're having a

37:09

problem on a control control our

37:11

best seller. our and

37:13

he he messaged said, and

37:15

know what's wrong with wrong with Nomad.

37:17

I'm like, obviously no one

37:19

you please call me I need to

37:21

speak to you guys speak to you was

37:23

in a meeting like, I stopped when I

37:26

minute. Adam. This guy makes that fucking perfume,

37:28

I know it. I he did, I called

37:30

him, I was on the phone too,

37:32

and he told me everything, phone too other he told

37:34

me everything, other. other perfume, I just said his

37:36

name, would get emails from like

37:38

um, like, because we Amanda, like all

37:40

these different people, they were all

37:42

him just on fake emails. these different people, they

37:44

so it was just him and just

37:46

fake us like triple the price. him and

37:49

he was like charging now like, about it,

37:51

he's very angry the he was

37:53

dictating like that terms and things

37:55

with us even angry. Those terms weren't

37:57

what he was being provided by by

37:59

our now. a few more. months. And every had

38:01

to pay up, Brian. time we would time

38:03

we would launch a new product, he

38:05

would just more It's just more expensive because

38:08

it's a new a new even though it wouldn't need

38:10

to be. and he would

38:12

to be and he from ingredients all

38:14

of these magical places

38:16

around the world. Yeah. places around

38:18

the just didn't simply didn't

38:20

simply exist. the first

38:22

two years two years of who's Elijah

38:24

were catfished by We were catfished

38:26

by our supply. The product was still

38:29

good because it was getting made from getting

38:31

guy, good but just the way it

38:33

was being filtered the us. being filtered

38:35

into us, like The payment terms were

38:37

terrible. were terrible, was hard to work with. with,

38:39

I had to to just be super patient

38:41

just like, well, this is our product. I'm

38:44

I'm just gonna have to deal with this

38:46

guy with this stop it now. don't want to stop it

38:48

we had started looking at different at

38:50

different perfumers and to people our try and

38:52

see if they could match it to

38:54

get the same try no one could.

38:56

But thank God for for Brad. Brad's like such

38:59

awesome dude to work with, isn't

39:01

he? Our now perfume, he's great. great. But yeah,

39:03

that was kind of. was a lot. that

39:05

was a lot. a lot. Yeah, that's how how it All

39:07

right, how it happened. All right Ezra

39:09

got Ezra He shares He shares his

39:11

personal philosophy on navigating the ups

39:13

and downs of business. He opens

39:15

up about the mistakes He's made

39:17

he's made, the importance of staying consistent

39:19

and he's three rules for success.

39:21

Yeah I mean look, you know

39:23

you make mistakes, right mistakes, I've had

39:25

to I've I've had to a couple

39:27

hundred a dollars worth of inventory. I've

39:30

dollars worth know, I've made plenty

39:32

of mistakes. I've had, you know, I've the

39:34

interesting thing about business And

39:36

ultimately, you will be

39:38

humbled by about and things will

39:40

go wrong be you will fail. it

39:42

And as you scale, things are constantly

39:45

going wrong while they're going right. And

39:47

so it's like. And so it's like how

39:49

you... As an as an entrepreneur or business

39:51

owner, navigate the experience of failure and

39:54

the experience of making mistakes. and then if

39:56

then if you torture yourself and beat

39:58

yourself up about the mistakes, then you're... Like

40:01

Like, if you're trying to fix a mistake

40:03

in a mistake mindset, you're not gonna

40:05

be successful. And so learning to accept that

40:07

as part of this, you make mistakes,

40:09

you fail, things go wrong, and your

40:11

job is to show up. every

40:13

day a positive attitude

40:15

and Do the best you can

40:17

and take the next step in the direction of your goals.

40:19

And if you just do that. if you

40:21

keep positive and keep moving and do

40:23

the next thing that you can do.

40:26

you will be successful because it turns out

40:28

it is a longevity game. It is a

40:30

marathon. And, you know, you and I have

40:32

been in this industry a long time, how

40:34

many people have we seen burn out, go

40:36

under, you know, give up before the miracle?

40:38

It's like, you just have to keep at

40:40

it. And so I think outside of specifics,

40:42

what I've done is I've stayed consistent, and it

40:44

is the only reason. I mean, again, I don't

40:46

think I'm any smarter, any better than anyone. I

40:48

just do the fundamentals and I do them consistently.

40:50

And one of the other things I will say

40:52

is, I have three rules in business, okay? First

40:55

one, have fun. What does that mean?

40:57

right? doesn't mean be frivolous and do stupid

40:59

things. means take care of yourself mentally,

41:01

emotionally, spiritually, physically, energetically, have hobbies, have relationships,

41:04

have things outside of business so that

41:06

when you show up to your business, you

41:08

can have a positive attitude, you can

41:10

bring the enthusiasm, and you can enjoy yourself

41:12

because if you're miserable, you

41:14

look, my daughter died nine months

41:16

ago. like you you you

41:18

are going to Miss the point

41:21

of this game that we call life if you're just

41:23

not having a good time so and by the

41:25

way if you're having a good time It's compelling and

41:27

people want to come hang out with you and

41:29

they want to like be with you So number one

41:31

have a good time number two make truly good

41:33

things that serve the world that serve your community and

41:35

never stop improving them So,

41:37

make good stuff. Number three,

41:39

be profitable. Have fun! Make

41:42

good things and be profitable. And if you can do

41:44

that at any scale. any scale, $50

41:46

,000 a year, $500 ,000 a year,

41:48

$5 million a year. you have

41:50

won the game that we call business. And I

41:52

cannot tell you the number of people that

41:54

I see that are overworked and under fucked and

41:56

shackled to these businesses that they don't

41:58

like, and we're making. tons of money, but but

42:00

you don't want their life. their life. And so I

42:02

think for new people, you gotta remember

42:04

to about the journey. about the doing this because

42:07

you are chasing some form of freedom, freedom of

42:09

time, freedom of location, of running away from the

42:11

pain of a shitty job that you hate, wanting

42:13

to take care of your parents. job These are

42:15

all things that I experienced, to The reason I became

42:17

an entrepreneur. parents. These are way that you achieve that

42:19

freedom is, and the other thing about this is. I

42:21

became an There is no amount.

42:23

that you achieved that freedom is, There's no amount

42:25

of money you're gonna make. this. There's no There's

42:27

nothing that will change things for you.

42:30

If you cannot have it here and now,

42:32

if you cannot enjoy your life, if have

42:34

fun, have gratitude, have fun, have have pleasure, find

42:36

enjoyment. here and now. now, you

42:39

You won't get it there and then. Nothing will change

42:41

for you because wherever you go, there you are.

42:43

I went from being on the lower end of the

42:45

economic spectrum, growing up very poor to now being

42:47

one of the wealthier people I know and I can

42:49

tell you, money doesn't give you happiness. poor, It buys

42:51

you comfort, one nice to be comfortable but after about,

42:53

and let's call it 200 grand a year, it's not

42:55

doing anything else for your mental health and your

42:57

enjoyment of your world. So. of your The key

42:59

is, is, your life now. if you can

43:01

if you can do that, you'll be way more successful.

43:03

All right, All right, and finally,

43:05

we have Will Goodera. who shares

43:07

a story that captures his

43:09

philosophy of unreasonable hospitality. recounts a

43:11

He recounts a moment at Park,

43:13

Madison went where he really

43:15

went above and beyond to

43:17

fulfill a simple request for

43:19

your New York street hot a

43:21

fine dining transforming a fine dining

43:23

experience into something truly unforgettable.

43:25

in the dining myself a the dining room

43:28

at a busier than normal lunch service,

43:30

and I was helping out the team. And

43:32

And I found myself clearing appetizers from a

43:34

table a table of four. They were They were Europeans on

43:36

vacation to New York just to eat at

43:38

restaurants. In fact, this was fact,

43:40

this was their last meal. They were going to

43:42

the airport to head back home back home straight afterwards.

43:44

They'd been to the best been to

43:46

the best restaurants in New York. They've

43:48

been to like like Danielle and La Bernardino, Perse and

43:50

now Percet, and now 11 But then one woman jumped

43:52

in and said, yeah, you know it. said,

43:55

yeah, you know what? had a hot hot for

43:57

one of the one of the street carts. And

43:59

it was like... one of those those moments

44:01

from a cartoon from a know the character

44:03

has a good idea. So I walked

44:05

back into the kitchen, dropped off the

44:07

hot kitchen, dropped off the hot dog, or the plates

44:09

outside. bought a hot a ran ran

44:12

back inside. came the hard part, Then came

44:14

the hard part, which was convincing my chef

44:16

chef to serve it in our fancy

44:18

restaurant. But I got him too, and we cut But

44:20

I got him up and we cut the hot

44:22

dog up into four perfect pieces out little

44:24

of ketchup a a swish of mustard. mustard. a

44:26

little a little relish. And before their final savory

44:29

their final savory course which

44:31

at the time was a honey

44:33

lavender glazed muskovy duck that been

44:35

dry aged for two weeks weeks, I

44:37

brought out I brought out what we

44:39

in New York call a dirty dog. And explained

44:41

it, I said, hey, I said, hey, I want

44:43

to make sure you don't go home

44:45

with any culinary regrets. culinary regrets. York City

44:47

your New York City hot dog. And I'd I'd

44:49

never seen anyone react to

44:51

anything I'd served them. they the

44:54

way that they reacted to that. to that. Athletes

44:57

always go to the tapes and they've

44:59

had a bad go to the what had a bad game

45:01

to see what they did wrong. They don't often enough go to

45:03

the tapes and they've had a good game to see what they

45:06

did well to make sure they keep on doing that thing. they

45:08

keep on doing that thing. And so I

45:10

did with the hot dog. And it required

45:12

three three things. I needed to be

45:14

present. Like basically Like, basically stop

45:16

thinking about everything else I needed to do

45:18

and fully focus on those people. people.

45:21

I I needed to, yes,

45:23

take what I did seriously,

45:25

but also stop taking taking

45:28

seriously. seriously. Like too many companies

45:30

are so focused on their brand on they

45:32

don't do things that feel off do things

45:34

that feel but sometimes it's the

45:36

off -brand things that will bring

45:38

your stakeholders the most joy. bring your

45:41

stakeholders the most joy. And

45:43

three, The whole thing thing

45:45

recognized that with unreasonable

45:47

hospitality. It's not about creating.

45:50

One size -fits -all experiences.

45:54

What made that special was that it

45:56

was one size fits one. was one size

45:59

fits one. those three things. We

46:02

now had our roadmap. and

46:05

our trajectory from that point forward.

46:08

Yeah, we were excellent at our food. was

46:11

best in class and our service was

46:13

as close to technically perfect. But

46:18

We became number one. because

46:21

we made the choice to be as unreasonable

46:23

in pursuit of how we made people feel

46:25

as every other restaurant on the list was

46:27

in pursuit of simply the food they were

46:29

serving. And

46:32

to our journey. was a

46:34

ton of trial and error. around

46:37

investing as much intention

46:39

and creativity into making people

46:41

feel seen as

46:43

we had historically into the

46:45

product we were selling them. All

46:47

right, so before we wrap

46:50

up, I can't let this moment

46:52

pass without thanking you, our

46:54

incredible community, whether you've been listening,

46:56

watching, or reading along with

46:58

us, you're the reason we do

47:00

this. founder wouldn't be where

47:02

it is today without the energy

47:04

and support of this incredible

47:06

community of entrepreneurs. So here's to

47:08

making 2025 the year we

47:10

push beyond our boundaries, take risks,

47:12

and create something truly remarkable. I

47:14

can't wait to see where your journey

47:16

takes you and I'll be right here

47:18

cheering you on every step of the

47:20

way. Thanks for tuning in and I'll

47:22

see you soon. If you loved this

47:24

episode make sure to check out my

47:26

interview with Emma Greed on how solving

47:28

a problem she was so passionate about

47:31

led to the creation of and good

47:33

American. And so I do think it's

47:35

so much of it starts with like

47:37

addressing things that bother you that you

47:39

find, you know, you've got to create

47:41

a solution for because, know at the

47:43

end of the day You've got to

47:45

be passionate enough and sometimes crazy enough

47:47

to go Round and round and round

47:49

to actually solve a problem

Rate

From The Podcast

The Foundr Podcast with Nathan Chan

Hear the stories, learn the proven methods, and accelerate your growth and future through entrepreneurship. Welcome to The Foundr Podcast with Nathan Chan. About the show: For over a decade, The Foundr Podcast with Nathan Chan has been a leading entrepreneurship podcast for open-book conversations with, by, and for founders. Whether you're starting, building, or dreaming about your business, The Foundr Podcast is where you can access experienced founders who've been in your shoes to learn their proven methods, lessons from failure, and inspirational stories. Past guests include Emma Grede, Mark Cuban, Neil Patel, Kendra Scott, Alex Hormozi, Trinny Woodall, Tim Ferriss, Sophia Amoruso, Simon Sinek, Tony Robbins, Amy Porterfield, Ed Mylett, Michelle Zatlyn, Reid Hoffman, Scooter Braun, Dany Garcia, Marc Lore, Ariana Huffington, Pat Flynn, Lewis Howes, Jordan Harbinger, and many more. About the host: Nathan Chan is the CEO of Foundr and the creator of The Foundr Podcast. Chan literally started from knowing nothing. He was just an average guy working in a 9-5 job he utterly hated. He knew nothing about entrepreneurship, nothing about startups, nothing about marketing, and nothing about online or how to build a business. In the past decade, Chan's built Foundr into a global leader in entrepreneurial education, helping tens of thousands of aspiring entrepreneurs start and scale their businesses. Need help with your business? Visit foundr.com/foundrplustrial to join a global community of entrepreneurs, gain access to proven strategies, and fast-track your business growth confidently.

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