Showing posts with label Success. Show all posts
Showing posts with label Success. Show all posts

2019-06-21

How MeUndies Sold Millions of Pairs of Underwear Direct to Consumers

How MeUndies Sold Millions Of Pairs Of Underwear

How did direct to consumer startup MeUndies (domain: meundies.com) sell over 10 million pairs of underwear? Founder Jonathan Shokrian talks to CNBC about shock advertising, social media and MeUndies' road to success.

Jonathan Shokrian started MeUndies after a negative experience buying underwear at a department store. He raised $400,000, mostly from friends and family, and launched the millennial-friendly direct to consumer underwear start-up in 2011.
"Ecommerce is not just Amazon. It’s every online retailer out there, including the tiniest mom-and-pop operations. It’s manufacturers selling directly to consumers. In fact, it’s manufacturers in India or China selling directly to US consumers as third party-vendors on platforms such as Amazon, Alibaba, eBay, and others. The entire world is trying to sell directly to US consumers, bypassing classic middlemen, wholesalers, distribution channels, importers, and of course, brick-and-mortar retailers."--Wolfstreet.com
According to Shokrian, MeUndies has sold over 10 million pairs of underwear and has been profitable in each of the past three years. The company will end 2019 with at least $75 million in annual revenue. How did MeUndies start a successful direct to consumer brand? MeUndies was off to a slow start until it turned to social media and harnessed the power of provocation. CNBC video above published June 7, 2019.


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2018-12-14

Diane Von Fürstenberg, Founder & Chairman, DVF (video)

Diane Von Fürstenberg, Founder & Chairman, DVF

Stanford Graduate School of Business video above published Nov 12, 2018: “People say I made the dress. Yes, I made the dress, but really, the dress made me. Thanks to this dress, I became more confident. I was sharing my confidence, I was selling my confidence,” Diane Von Fürstenberg, founder of fashion line DVF (domain: dvf.com), told students at this View From The Top event. Her iconic wrap dress became the look for working women in the 1970’s and continues to make a statement.

Born in Brussels and the daughter of a Holocaust survivor, Von Fürstenberg believes in “never being the victim.” Today, Von Fürstenberg supports and awards women entrepreneurs around the world. “When you are successful, two things happen,” she told the audience. “One is that you can pay your bills and the second is that you have a voice. And once that happens, it’s a gift and a privilege to use your voice for those who don’t have a voice.” Von Fürstenberg was interviewed by Tadia James, Stanford GSB MBA ’19.


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2018-12-13

Robert Kraft on Creating a New England Patriots' Championship Culture

Robert Kraft: Creating a Championship Culture

Robert Kraft discusses how he built the New England Patriots (domain: patriots.com) into one of the best teams in NFL history and why culture has been the key to its success. Goldman Sachs video above published Nov 20, 2018.

On building a championship team: “I never make a change unless I know I have something better to replace it with…. I have friends who don’t operate that way….  Continuity means you’re going to go through rough times and rough patches, but being patient to get people of good character and integrity is worth it.”

On making critical decisions: “The best decisions I made in my life, I made on my instinct…. Just when something feels right to you. Even if other people can’t understand it and it feels the right thing for you, you go with it – and leverage it and stay with it. Don’t be afraid to take this big risk as long as your instinct is there. Then if you do and it doesn’t work out, keep coming back like the tide.”


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2018-12-07

Uber CEO Dara Khosrowshahi Interview at Stanford GSB (video)

Dara Khosrowshahi, Uber CEO

Stanford Graduate School of Business (gsb.stanford.edu) video above published Dec 3, 2018: “People often optimize for the role or for the company. The first thing I optimize for is who I will work with. Don’t bet on companies, bet on people,” Dara Khosrowshahi, CEO of Uber, told students in this View From The Top event. Khosrowshahi discussed his departure from Expedia (expedia.com) and his approach to shifting company values at Uber (uber.com) to focus on diversity and inclusion. “An important factor in our change was setting a new culture and new norms,” he said. “We crowdsourced those norms and asked people – what kind of company do we want to be?”

Khosroshahi advised students to let go of benchmarking via titles and salaries when it comes to career goals. “Have a theme but don’t get locked in. I’m always looking around to make sure my own biases don’t prevent me from seeing something great,” he said. “When you’re lucky enough to take that risk, jump!” Khosrowshahi was interviewed by Lepi Jha Fishman, Stanford GSB MBA ’19.


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2016-09-07

Twitter, $TWTR, Snapchat, Advertising & Monetization (videos)

Twitter Could Unlock a Lot of Value, Co-Founder Ev Williams Says:

Evan Williams, Medium's chief executive officer and co-founder of Twitter (twitter.com), comments on Twitter and Jack Dorsey. He speaks during an interview with Bloomberg's Emily Chang on "Bloomberg West." Video published September 1, 2016. See also After a quiet summer, Twitter’s board will take a hard look at what comes next | Recode.net Sep 6, 2016: Talk of a sale continues to rumble — "Twitter is considered to be too bloated still — it had 3,860 employees as of June 30 and paid out $168 million in stock-based compensation last quarter alone, an amount equal to roughly 28 percent of its quarterly revenue. (Facebook’s stock-based compensation was just 12.5 percent of its Q2 revenue, in comparison.)"

Advertising & Monetization: the key to success?
Twitter $TWTR in 1-year, as of Sep 02, 2016, DOWN 30.55%
Here’s how Snapchat makes money from disappearing videos:

Snapchat (snapchat.com) plans to make somewhere around $300 million in revenue this year, up from a $50 million revenue target last year, while also telling investors that it could be a $500 million to $1 billion business in 2017, a massive jump. Video above published August 17, 2016.

Transcript via YouTube:
0:00 snapchat has over 150 million daily users that's about half the population
0:05 of the united states how to snapchat accompany famous for making messages
0:09 disappear generate any money they do it the same way other Internet companies
0:13 like Google or Facebook or Twitter generate money through advertising if
0:18 you use snapchat you'll see ads in three key places inside the app in the
0:22 discovery channels that is publishing partners produce in snapchat stories
0:26 like the big montage snapchat compiles for major events like the Super Bowl or
0:30 coachella you also soon see ads inserted between the stories that your friends
0:34 are posting as you jump from one friend story to another you may see a word from
0:38 a snapchat advertiser as well but the most creative ads snapchat cells are
0:43 sponsored filters and lenses the face distorting technology that lets users
0:47 transformed into a dog or a zombie or a bumblebee brands can sponsor these
0:51 lenses like Taco Bell did when it turned users faces into tacos and users love
0:56 them
0:57 advertisers due to snapchat is hoping to generate around three hundred million
1:00 dollars in ad revenue this year and is telling investors it could bring in as
1:04 much as 1 billion dollars in 2017 that's a lot of money it would certainly be a
1:09 big jump for snapchat but remember twitter which is under tons of pressure
1:13 from Wall Street to turn things around made more than 2 billion dollars in
1:17 revenue last year facebook made almost 18 billion dollars a measly $MONEY
1:22 billion doesn't impress like they used to
1:24 so what does the future hold for snapchat we don't know the business is
1:28 young and the company needs to show marketers that it's ads actually lead to
1:32 sales because when snapchat's shine wears off and it's no longer the hot new app
1:36 that everyone's talking about ads will be what keeps its business growing

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2015-12-03

Marc Benioff on Marissa Mayer, Stakeholders, CEO Success, Accountability


"Multistakeholder dialogue" is the key for CEO success today says Salesforce CEO Marc Benioff

In the video above, Marc Benioff, Chairman and Chief Executive Officer at Salesforce.com, explains what goes into being a great and successful CEO (focus on ALL stakeholders, accountability), examines the performance of Yahoo (YHOO) Chief Executive Officer Marissa Mayer, talks about CEO pay versus performance, and IBM. He speaks on "Bloomberg ‹GO›," December 2, 2015.

Interesting note: who does Marc Benioff look up to as his "role model"? Unilever's Paul Polman. See CEOs Can't Be 'Slaves' To Shareholders -Forbes.

Salesforce.com, Inc. 5-year Stock Chart
Salesforce.com, Inc. 5-year Stock Chart above (source: google.com)
Stock Exchange: Symbol  NYSE: CRM





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2015-10-14

Airbnb CEO Brian Chesky: We Want to Be Regulated (video)



Airbnb CEO: We Want to Be Regulated (video above) - Oct. 13, 2015 -- Airbnb Chief Executive Officer Brian Chesky discusses the success of the company and hotel regulations. He speaks on "Bloomberg ‹GO›."

Airbnb is a website for people to list, find, and rent lodging, often referred to as part of the "sharing economy." It has over 1,500,000 listings in 34,000 cities and 190 countries. CEO: Brian Chesky; Founded: August 2008, San Francisco, CA.  The company is privately owned and has achieved "unicorn" and "decacorn" status (total valuations of more than one billion dollars, and ten billion dollars, respectively). As of July 2011, the company had raised US$119.8 million in venture funding from Y Combinator, Greylock Partners, Sequoia Capital, Andreessen Horowitz, DST Global Solutions, General Catalyst Partners and undisclosed amounts from Youniversity Ventures partners Jawed Karim, Keith Rabois and Kevin Hartz, and from A Grade Investments partners Ashton Kutcher and Guy Oseary. In April 2014, the company closed on an investment of $450 million by TPG Capital at a valuation of approximately $10 billion. As of March 2015, Airbnb is raising a new round of funding that will place the company at a $20 billion valuation. (Source: Wikipedia)

Domain name: Airbnb.com

re: startups, venture capital, valuations, regulation, tech bubble




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2015-09-04

Myntra CEO Mukesh Bansal on Startup Success, Fashion, Online Retailing (video)



Mukesh Bansal CEO of  Myntra and Head of Commerce for Flipkart talks about his journey from the startup of Myntra to where it is today. Mukesh believes in creating a happy environment in his workplace which is reflected in the creatively designed interiors at Myntra's Bangalore, India, office. Myntra is a market leader in fashion and lifestyle retailing and is set to make the most from the evolution of e-commerce in India.

Domain names of companies referenced: myntra.com and flipkart.com


2015-07-12

Anthony Scaramucci Interview, Succeeding Through Failure (BV Podcast)



Anthony Scaramucci on Succeeding Through Failure: Masters in Business radio podcast with SkyBridge Capital founder and managing partner Anthony Scaramucci, interviewed by Barry Ritholtz. Scaramucci, known as the “Mooch,” describes how he succeeded through a series of failures. Fired from the investment banking department at Goldman Sachs, he landed a new job two months later -- in the sales department at Goldman Sachs. There, he helped raise money for PC maker Dell in the early 1990s when the company ran into some trouble. When he started Skybridge as a hedge-fund seeder, it faltered. When the financial crisis hit he used the opportunity to buy the fund-of-funds business of Citigroup. The business thrived, and the firm now has about $13 billion under management. He is the author of "Goodbye Gordon Gekko: How to Find Your Fortune Without Losing Your Soul," and is co-host of the revived program "Wall Street Week," which his firm owns. Skybridge Capital also founded the influential SALT conference.

Topics: Success, Failure, Business, Investing

Domain names of companies referenced:
  • skybridgecapital.com
  • saltconference.com
  • wallstreetweek.com
  • goldmansachs.com
  • citigroup.com
  • bloombergview.com
See also on Domain MondoInvesting, Trading Against Machines, Jim Chanos Shorts China (video): "Kudos to Anthony Scaramucci and SkyBridge Media LLC, an affiliate of SkyBridge Capital, for acquiring rights to use the domain name wallstreetweek.com and reinventing the iconic program originally hosted by Louis Rukeyser ..." 


2015-05-09

Nancy Dubuc, A&E Networks, The Necessity of Failure (video)



Nancy Dubuc | The Necessity of Failure: "Nancy Dubuc, chief executive of A&E Networks, has made her mark on cable television by taking big risks. But for every success, Ms. Dubuc says, she has learned from important failures." source: NYTimes.com

aetv.com


2015-01-17

Anna Lee Saxenian, Regional Advantage, Silicon Valley's Success (audio)



Anna Lee Saxenian, author of the classic book "Regional Advantage," still thinks the Silicon Valley area's future is bright.

source: Harvard Business Review hbr.org




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