Nature's Wild Berry’s Post

Delighted to have welcome founder of UGG Brian Smith on to the latest Business Elevation Show, where we discussed the entrepreneurial journey behind UGG and the key decisions that led to its success. Here are some key takeaways I took from our conversation: 1️⃣ Embrace Adversity: Brian shared the power of shifting mindsets in business – Embrace uncertainty, find strength in challenges, and rise above defeats. 2️⃣ Marketing Strategy: How implementing a successful and affordable marketing campaign can increase sales and educate your sales staff effectively. Brian highlighted the importance of advertising a feeling or experience rather than solely the product. 3️⃣ Growth Challenges: We discussed the challenges faced during the growth phase of a business, such as hiring full-time staff, adding customer service and warehouse workers, and managing a growing team effectively, and how to navigate these effectively. To hear Brian's incredible story, listen to the episode now and discover how dedication, perseverance, and strategic marketing can lead to success! - https://lnkd.in/e6eWvSQT

Missed the latest episode of Brand New? No stress - we've got your back! 🎙️ This time, I had the amazing opportunity to chat with the phenomenal Baret Ketchian. We dove deep into his entrepreneurial journey, exploring the highs and lows of business ownership. 🔍 From perceptions to motivations, Baret shared insights into what fuels his drive in both his personal and professional life. Watch now! ➡️ https://loom.ly/5i5WKLE

Everyone knows about shark tanks. Here’s what we can learn from the winning pitches: 1.  The Power of a Compelling Story People connect with stories.  Winning pitches don't just showcase products, they showcase the passion and problem-solving that birthed them.  Tell your story with vulnerability and enthusiasm -  why this product matters, and how it will change lives (including your own!). 2. Know Your Numbers (Inside and Out):  While passion is key, investors need to see a viable business plan. Be prepared to demonstrate market research, sales figures, and financial projections.  Show the Sharks you've done your homework and have a clear path to profitability. 3.  The Value Proposition Proposition:  Articulate your unique selling proposition (USP)  clearly and concisely. What makes your product different and better than the competition?  Focus on the benefits it offers to customers, not just the features. 4.  Confidence is King (or Queen):  Deliver your pitch with conviction. Sharks invest in leaders, not followers.  Practice your pitch until you can deliver it flawlessly, even under pressure. 5. Be Flexible (But Not Desperate):  The Sharks may propose tweaks to your deal or valuation. Be prepared to negotiate, but  don't give away too much equity or compromise your vision in a moment of desperation. 6.  Remember, It's Not Just About the Money:  Shark Tank exposure can be a game-changer, even without a deal.  Use the platform to gain national attention, brand awareness, and potential sales leads. What's the most inspiring Shark Tank success story for you, and why? Share your thoughts in the comments! #Successstory

Sam Tayan on how to become successful in the Tech niche and improving your entrepreneurial skillset. This is just a small preview of what you can expect from our latest Episode at #ZenoTalks!📲 Watch the Episode for free: https://lnkd.in/dxH-3FH4

I’ll never forget an episode of Shark Tank ABC where Kevin O'Leary made one of his trademark royalty-based offers. He saw a promising product, but was quick to point out that the business was weighed down by high operating costs. Rather than offering equity, he proposed a royalty-based deal : $1 per unit sold until his $75 K investment was repaid, then dropping to $0.50 per unit in perpetuity. At first, his fellow shark, Robert Herjavec, asked: "What are they left with after you're taking a dollar?" Kevin’s answer was blunt and joking : “Practically nothing!” Then he followed up saying a powerful comment that stuck with me: "This will give them the incentive to figure their margin problem out" In other words, by tightening the leash, he was challenging them to maximize efficiency and profitability, forcing them to optimize their costs and push the business to its limits. The entrepreneurs eventually accepted his offer with a $0.45 per unit royalty in perpetuity. Four years later, they had surpassed $10 million in sales and were raking in over a million dollars annually. In 2021 their company www.wickedgoodcupcakes.com has been acquired by Hickory Farms, LLC for an estimated value +$14 M $ (other resources said it was +$30 M). I wanted to share this story as a reminder of the importance of challenging operations to achieve better performance and margins. As we dive into the budgeting season, this is a critical lesson for us in finance. Our role is to challenge assumptions, question costly processes, and push our colleagues in business, operations and other departments to explore every avenue for efficiency. By refusing to accept blindly any budget slack or costly initiatives, and by that, we can empower the business to innovate and thrive. #Budgeting #FinancialPlanning #FinancialManagement #Budgetseason #SharkTank #Entrepreneurship The link of that episode is in the first comment 😉 enjoy it !

Last week, Uniti Networks CEO Kami Dar spoke with Zachary Dominitz about how and where it all began, and why a sense of purpose is critical particularly for businesses in social impact. Listen in as Kami traces his journey from founding Devex to launching Uniti Networks, and dive deep into what the smartphone divide really means for communities today.  Spoiler alert: it's not just about accessing information—it's an economic necessity for everyone. #DigitalInclusion #DigitalDivide #InclusiveEconomy #EconomicAccess #TechForGood #AI #SocialImpact

🔥 Have you seen @ericepic23? He’s a true baller with an inspiring story that will motivate anyone to level up. 💪 Want to know how he did it? Come ask him yourself on Oct 17th, 6-9pm in Houston, Texas! 🗓️ Hosted by @juliawang_htx, this expert panel will feature Eric and other high-profile investors sharing their secrets to success. 💼✨ Don’t miss your chance to learn from the best—DM for sign-up details! 📩 #HoustonNetworking #RealEstateInvestors #SuccessPanel #InspiringStories #HoustonBusiness #LevelUpYourGame #InvestmentStrategies #BusinessLeaders #SuccessMindset #EntrepreneurLife

Ever wondered how I landed a deal on ABC's Shark Tank with Robert and Kevin (yes, Mr. Wonderful himself)? There are 3 crucial elements that you NEED to nail! These three things can make or break your pitch to investors: 1️⃣ Product Differentiation: Stand out from the competition and showcase your unique edge. Remember, no competition is a red flag! 2️⃣ Know Your Numbers: You need to master these key figures ⬇️ ↳ Production cost & profit margin ↳ Customer acquisition cost ↳ Path to profitability & market size 3️⃣ Showcase Your Team: Prove you can execute and adapt. Flexibility is key! Whether you aspire to appear on Shark Tank or are preparing to pitch to investors, these insights are your secret weapon for success! Was this helpful? Let me know what you think in the comments! #SharkTankSecrets #EntrepreneurTips #PitchPerfection #SharkTank #PersonalBranding

In the presence of greatness, be a sponge. Absorb everything and never stop learning. Martin Kiarie shares invaluable tips that have helped him scale the entrepreneurial ladder to achieve great success. #ConvosNPlugs #CNPConnects #MartinSpeaks Catch him on our latest episode here: https://lnkd.in/dynDtz4e Grace Murugi Wangū J. Clifford Kinyua

There are underserved communities in Dallas unable to get access to healthy, affordable food. Coy Poitier, the founder of Poitier Farms, is looking to change that. Podcast hosts Gary and Jill talk with Coy about topics such as business strategies, mentorship, food insecurity, and more. To listen to the podcast episode, click on this link: https://vist.ly/wvy3 #LevelingUpPodcast #Podcast #Farming #UrbanFarming #Entrepreneurship