The Foundr Podcast with Nathan Chan

Airtasker is Australia's #1 marketplace for local services. Over the past decade, they've acquired more than 4.3M registered users, built a worth of $255M, created a $1.7B value of job opportunities, and went public. But founder Tim Fung still feels the pains from the first 3 years, when everything he assumed about the business was wrong. He's learned that through the victories and failures of scaling a startup, remaining focused on providing value over profit is what lasts. 

 

Listen to Nathan and Tim discuss: 

  • The importance of going all-in on a startup
  • Starting a business with 2 marketplaces 
  • The 90-day wakeup call for founders 
  • Inspiring users to use your product
  • Sharing problems with your team
  • Not putting off hard decisions
  • Building a feedback muscle within your business
  • And much more startup advice…

 

 

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Direct download: FP428_Tim_Fung.mp3
Category:general -- posted at: 2:00am AEST

Davie Fogarty created Australia's fastest-growing ecommerce brand, The Oodie, which sells wearable blankets and accessories. But success didn't happen overnight. After multiple failed businesses, at 24 years old, Davie had a chip on his shoulder to prove he could succeed. So in 2017, he started 2 ecommerce businesses, and they both took off immediately. In the past 4 years, Davie has grown his company of 5 major brands called the Davie Group to $400M in sales. In this episode, you'll learn exactly what it takes to build an incredible ecommerce brand in 2022 and some of the pitfalls to avoid. 

 

Listen to Nathan and Davie discuss: 

  • Davie's early failed business attempts 
  • The pros and cons of having something to prove
  • Why bootstrapped founders become a jack of all trades 
  • What was special about The Oodie as a product and brand
  • How to create and test ecommerce products 
  • How competition affects your ads 
  • Why good marketing instills trust 
  • Attribution tools and the changes in advertising 
  • And much more ecommerce advice…

 

 

 

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Direct download: FP427_Davie_Fogarty.mp3
Category:general -- posted at: 2:00am AEST

Jen Proctor loved being a performer. But when her dream to be a professional singer ended, she pledged to be a good person in the entertainment industry, something she knew wasn't a given. So in 2015, she launched her agency Cultivated Entertainment and works with clients like Meta, Pharrell, Drew Barrymore, the Obama Foundation, Stand Up for Cancer, and the Primetime Emmy Awards. She's built her agency based on the vision of seeing a need and filling it. So if you're interested in working with talent from actors to TikTok stars, this episode is for you. 

 

Listen to Nathan and Jen discuss:

  • Her early career as a field producer at Fox
  • Why everything is an emergency in the entertainment industry
  • Cultivating a superpower around talent
  • Myths about working with celebrities and talent
  • Why honesty is an essential part of relationship building
  • Why she'll never forget an hour she had with Betty White 
  • Working on the Dear Class of 2020 project with the Obama's 
  • Negotiating and talent search tips  
  • The three gatekeepers of celebrity talent
  • Short-lead versus long-lead talent
  • And much more talent relations strategies…

 

 

 

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Direct download: FP426_Jen_Proctor.mp3
Category:general -- posted at: 2:00am AEST

Kendra Scott started her self-titled billion-dollar jewelry business out of failure. Her first business failed after 5 years, and she started selling handmade jewelry door-to-door as a side hustle. Now, Kendra Scott Jewelry is a billion-dollar business with 100 retail locations across the US. But success didn't come quickly. Through personal struggles, recessions, and rejections, Scott built a fashion business driven by an unforgettable customer experience. 

 

Listen to Nathan and Kendra discuss:

  • What she learned from her failed business 
  • Fundraising and dealing with rejection
  • The best piece of business advice she still follows 
  • Shifting her business model from wholesale to retail
  • The nightclub atmosphere of Kendra Scott stores 
  • How philanthropy creates customer loyalty 
  • How to weather the storm as a founder 
  • Her new entrepreneurial memoir Born to Shine
  • And much more founder advice…

 

 

 

Who do you want to see next on the podcast? Comment and let us know! And don't forget to leave us a 5-star review if you loved this episode.

 

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Direct download: FP425_Kendra_Scott.mp3
Category:general -- posted at: 2:00am AEST

Michele Romanow joined the cast of CBC's Dragons' Den in 2014 after successfully selling her digital coupon business SnapSaves to Groupon. At 28 years old, she was the youngest "dragon" on the show, but that didn't stop her from innovating. During her second episode, Michele decided to flip the traditional Dragons' Den pitch from equity to revenue. 

 

The decision led to the creation of the investment company Clearco and the invention of the revenue-based financing category. The model helps fund ecommerce companies fast and affordable, where founders pay a set percentage only when they make revenue. To date, Clearco has invested $4B in 10,000 founders in 11 countries across the world. 

 

Listen to Nathan and Michele discuss: 

  • Why her first business was a caviar fishery 
  • Acquiring customers through sidewalk chalk 
  • Creating the Clearco model by shifting the Dragons' Den model
  • Accepting rejection as part of the job
  • Taking advice from people that you want to be
  • How to build the relentless muscle 
  • How data removes bias from funding decisions 
  • Stories and lessons from Dragons' Den 
  • And much more ecommerce funding advice…

Foundr & Clearco have teamed up to help you increase cash flow & extend payment terms for your online business: https://clear.co/partner/bnpl/foundr/ 

Who do you want to see next on the podcast? Comment and let us know! And don't forget to leave us a 5-star review if you loved this episode.

 Wait, there's more… If you enjoy the Foundr podcast, check out our free trainings. Get exclusive, actionable advice from some of the world's best entrepreneurs. 

 

Speak with our friendly course experts to get clarity on the next steps for your idea, business or career. You will get tailored insights from results achieved by our proven practitioners as well as thousands of students. Book a call now... 

 

For more Foundr content, follow us on your favorite platform: 

Direct download: FP424_Michele_Romanow.mp3
Category:general -- posted at: 2:00am AEST

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