171: Shark Tank's Janine Allis Shares Her Secrets for Growing a Startup With Zero Funding

171: Shark Tank's Janine Allis Shares Her Secrets for Growing a Startup With Zero Funding

Despite being a prolific investor as one of the judges on Australia's Shark Tank, Janine Allis would rather sell her family home than seek investor funding. How do we know? Well, that's precisely what she did to start her own business. Allis started her first business while on maternity leave, and it was then, like so many entrepreneurs, when she realized she didn't want to live by someone else's rules anymore. The result was Boost Juice, a retail empire that stretches over 500 stores across the globe, making it the largest and most profitable juice bar chain in the world. While Allis certainly isn't entirely against the idea of taking investor money, she does caution entrepreneurs that raising capital should never be the first goal. And she has some indispensable advice on how to avoid the common money traps so many entrepreneurs fall into. The most important stake any entrepreneur has in their own company is their equity and the passion they have for their own project. Bringing on investors not only means that you'll lose out on some of your equity, but it also means that you may have to make room for someone else's passion and vision for the company. And, most of the time, investors are more interested in the bottom line as opposed to the founder's ideas. "I'm a firm believer that you only ever ask for money when you don't need it," Allis says. She has seen firsthand how many entrepreneurs get caught up attempting to solve all their problems by throwing everything they have into fundraising—a Hail Mary pass that, more often than not, ends up hurting a business in the long run. To help you avoid that common pitfall, Allis has some choice pieces of advice that you need to hear. In this episode you'll learn: The simple solution to avoiding the money trap and investors Expert advice on how to build your business to grow as fast as possible Her secrets to building a killer brand that connects with millions What to expect when dealing with investors, and how to know if one is right for you How to have it all as an entrepreneur. No concessions, and no compromises & so much more!

Avsnitt(578)

351: 0- $100m In 3 Years: How Gail Becker, Founder of CAULIPOWER Changed The Game

351: 0- $100m In 3 Years: How Gail Becker, Founder of CAULIPOWER Changed The Game

In this delicious interview, Nathan Chan sits down with CAULIPOWER founder Gail Becker to find out how she took her ecommerce company from $0 to $100M in just 3 years.    Becker takes us on her tasty food brand journey, from her experience in corporate life as a marketer, to branching into the unknown to create something she wanted to see on the market: more food options for celiacs.    Listen in as she discusses the process of getting her product into 25,000 stores on her first try and the future of Amazon.   This interview is perfect for anyone interested in entering the food industry, as Becker lays out everything she has learned along the way. And why in life, you should do something that you love.

30 Mars 202149min

350: How Joe Foster of Reebok Raced His Brand In Front Of The Competition

350: How Joe Foster of Reebok Raced His Brand In Front Of The Competition

Coming from a long line of shoemakers, it seemed only natural that Joe Foster follow in his family’s footsteps, but instead Foster decided to push his horizons even further and create a brand that would become a legacy. Listen in as Foster shares his incredible journey through generations of shoemakers to bring us the global brand we know today: Reebok.    Foster’s entrepreneurial journey is nothing short of inspiring, as he took the company through ups and downs, broke into competitive markets, and created a niche in the market for his brand. Acquired by Adidas in 2005 for a whopping $3.8 billion, Foster has since retired and authored a book: “Shoemaker: The Untold Story of the British Family Firm that Became a Global Brand”.   In this astounding interview, Nathan Chan and Foster discuss the entrepreneurial journey, and everything Foster has learned along the way when it comes to business and brand.

23 Mars 20211h 9min

349: 1 Billion Downloads, Kim Kardashian, and The Future Of AI: PicsArt’s Hovhannes Avoyan

349: 1 Billion Downloads, Kim Kardashian, and The Future Of AI: PicsArt’s Hovhannes Avoyan

When his 10 year old daughter was upset by negative comments posted about her artwork, Hovhannes Avoyan decided to do something about it. Almost a decade later, over 1 billion app downloads and 150 million active monthly, PicsArt has become a global movement.    Before founding PicsArt, Hovhannes Avoyan was already a successful entrepreneur with five startups that he sold to Lycos, Bertelsmann, GFI, TeamViewer, and HelpSystems. With a strong understanding of the market, scaling, and what it takes to build a viable business, it’s no wonder that PicsArt raised over $45m capital and now boasts partnerships with the world’s biggest influencers like Kim Kardashian.   In this inspiring interview hosted by Nathan Chan, Avoyan discusses the importance of creating a safe space for creative expression, why community matters for a business, the future of AI and its place in design and art, and why he believes failure is part of success.

16 Mars 202149min

348: 15 Power Ups You Need To Build A Successful Business With Eric Siu Of Single Grain

348: 15 Power Ups You Need To Build A Successful Business With Eric Siu Of Single Grain

Power up, level up, and get ready to take your business to the extreme, with this incredible interview with Single Grain’s Eric Siu.    A former pro-gamer, Siu has been on the quintessential entrepreneur’s journey. He’s faced scaling issues, failure, and trying to do too much at once, and now he is ready to reveal why he believes gamers make the best entrepreneurs.   In this electrified interview with Foundr, Siu discusses why every founder needs to have a good understanding of marketing, essential long-term skills you need to have, and why he predicts Clubhouse will be the ultimate training ground for entrepreneurs.

9 Mars 202143min

347: Undaunted: How Kara Goldin Denied Self-Doubt To Launch A $200m Beverage Company

347: Undaunted: How Kara Goldin Denied Self-Doubt To Launch A $200m Beverage Company

How does someone launch a $200 million beverage company with zero experience and four children under the age of six? Just ask super-mom, author, and Hint Water empire CEO and Founder, Kara Goldin.    Goldin was first inspired to launch her beverage company as an alternative to other unhealthy drinks on the market. Not only did Goldin manage to build a company that is now the largest privately owned non-alcoholic beverage company in America, but she placed Hint on the shelves of her local Whole Foods on the same day she went into the delivery room. Revealing all of the ups and downs of her journey in her new book, Undaunted: Overcoming Doubt And Doubters, Goldin speaks to Foundr’s Nathan Chan about relentless pursuit of your dreams, and overcoming fears and self-doubt along the way. Key Takeaways How Kara Goldin first began her mission of creating a healthier option for drinking water Facing challenges everyday, and Goldin’s commitment to learning all she could about an entirely new industry Why Goldin believes the best thing anyone can do for themselves is continue to learn and grow Dealing with naysayers and doubters, and how Goldin decided to instead use their feedback to hone her business vision

2 Mars 202159min

346: Why Ideas Don’t Count According To Netflix Co-Founder Marc Randolph

346: Why Ideas Don’t Count According To Netflix Co-Founder Marc Randolph

23 Feb 202159min

345: $15B Payments Processed A Year: GoCardless’ Hiroki Takeuchi

345: $15B Payments Processed A Year: GoCardless’ Hiroki Takeuchi

In 2011, Hiroki Takeuchi launched his first business GoCardless with his co-founders. Just under one decade later, they are processing over $15b in payments every year!   Takeuchi’s first business began as a service to help streamline the messy process of collecting payments informally. Over the next several years, funding, scaling, and pivoting led him to create a simple service that helped collect recurring and one-off payments from customers.    Takeuchi’s approach to business is inspiring. Not only was he a first-time entrepreneur scaling a global business without experience, but he also knows the pains of imposter syndrome and anxiety over hiring overqualified experts. This interview with Nathan Chan serves to remind us all that greatness isn’t just past experience, it’s the willingness to learn that makes someone a great entrepreneur. Key Takeaways How Takeuchi launched GoCardless in 2011 as his first business, and how he developed the idea Evolving the initial business idea from something that sought to solve the problem of collecting payments informally, to a global fintech empire The importance of having a complimentary co-founder, and how Takeuchi first began planning with his co-founders Why Takeuchi decided to leverage existing services in order to streamline launch Demo day, and overcoming getting 64 “no’s” before they got a “yes” The importance of focus on a singular product, especially in a global powerhouse like finances and payment How Takeuchi approached scaling, planning, and proactive growth in a high-demand industry The challenges faced by an international business and scaling How Takeuchi tackles imposter syndrome, and how he continues to focus on learnings The importance he places on his team and the people Takeuchi surrounds himself with What you need to ignore if you want to hire the best of the best for your business Why you should never underestimate the length of the journey ahead of you, and why you need to be ready for the challenge of being an entrepreneur

16 Feb 202148min

344: How Colin Darretta Built A 1m Person Mailing List In 1 Year

344: How Colin Darretta Built A 1m Person Mailing List In 1 Year

Building partnerships and mailing lists as an entrepreneur can be one of the trickiest and most elusive parts of the game. Targetting the right people, understanding brand identity - it’s all a delicate ecosystem to navigate.  The good news is, when it comes to mailing lists and partnerships, we have all the answers you need from the mastermind and guru himself: Colin Darretta.  Co-founder of a number of successful companies including WellPath, a health and wellness plan) and DojoMojo, a software company that helps you build partnerships, Darretta has all the answers.  Not only has Darretta got decades of experience under his belt, but he also has the distinct honor of managing to build a 1million person email list in 1 year, and is the master of monetizing mailing lists.

9 Feb 202151min

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