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How I Built This with Guy Raz

Outdoor Voices: Tyler Haney

How I Built This with Guy Raz

Guy Raz | Wondery

Business

4.831.1K Ratings

🗓️ 25 November 2019

⏱️ 66 minutes

🧾️ Download transcript

Summary

In 2013, Tyler Haney was a 24-year-old graduate of the Parsons School of Design in New York. One day on a jog, she realized that her workout outfits looked, and felt, like they were made for competitive athletes. Tyler envisioned a brand of athletic wear for more everyday activities, like walking the dog or hiking with friends. She launched Outdoor Voices and she got her two-piece "kit" — a crop top and leggings – into a few specialty boutiques. Soon afterward, her brand made it into J. Crew stores and took off. Today, Outdoor Voices has raised close to $60 million from investors and has around 350 employees. PLUS in our postscript "How You Built That," after a lunch with some new moms turned into baby bedlam, Beth Fynbo created Busy Baby Mat — a placemat that would securely stick on any table, keep toys off the floor, and provide a fun surface for babies to eat and draw. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0

Hey, Prime Members, you can listen to how I built this early and ad-free on Amazon Music.

0:07.0

Download the app today.

0:09.0

New Year's is here, and with it brings the possibility of change.

0:13.0

As one behavioral scientist put it, first starts are really powerful.

0:17.0

So as you head into 2023, LifeKit is a great resource to help you plan your life and tackle changes, both big and small.

0:24.0

Listen to the LifeKit podcast from NPR.

0:27.0

I created a list of 25 VCs, and I started emailing.

0:36.0

I would say probably 19 got back to me.

0:39.0

And out of those 19 when you start to go meet with them, did any of them say, this is awesome, I'm in.

0:45.0

Oh no, every single one of those first meetings were like, love that you had the courage to get in here, but this needs work.

0:58.0

From NPR, it's how I built this.

1:00.0

A show about innovators, entrepreneurs, idealists, and stories behind the movements they built.

1:08.0

I'm Guy Raaz, and on today's show, how a former high school track star took inspiration from a casual jog and built outdoor voices, a brand of athletic wear for people who are necessarily athletes.

1:23.0

So think for a moment about energy bars.

1:32.0

When Gary Erickson introduced Cliff bars to the world in the early 1990s, energy bars weren't as common as they are today.

1:40.0

Even in the early 2000s, when Laura American launched Laura bars, there was plenty of room to stand out.

1:47.0

But by the time Peter Ray Hall debuted RX bars in 2013, there were literally hundreds of different energy bars to choose from.

1:55.0

And trying to differentiate his bar from the thousands of other brands out there would require a different approach.

2:02.0

So Peter focused at least initially on the CrossFit community, a relatively niche audience.

2:09.0

It was a side door entry into what appeared to be an impenetrable category, but it worked, and eventually those loyal crossfitters helped turn RX bars into a major energy bar brand.

2:22.0

This is more or less the playbook that Tyler Haney used to launch outdoor voices.

2:27.0

By the time she decided to debut her athletic apparel brand in 2013, lots of people were telling her that the market was saturated.

...

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