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We Study Billionaires - The Investor’s Podcast Network

TIP392: Frameworks for Building Billion Dollar Brands w/ Kat Cole

We Study Billionaires - The Investor’s Podcast Network

Stig Brodersen

Education, Investing, Business

4.63.6K Ratings

🗓️ 31 October 2021

⏱️ 62 minutes

🧾️ Download transcript

Summary

IN THIS EPISODE, YOU’LL LEARN:

  • 02:09 - Kat’s rise from being a Hooters waitress at age 18 to being a VP of Hooters by age 26.
  • 22:21 - What it was like to be placed at the helm of Cinnabon during the great recession and how she pulled off a miraculous turnaround. 
  • 26:40 - Operating principles that can be applied to any business.
  • 41:21 - The importance of community while building a brand and so much more!


*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.


BOOKS AND RESOURCES:

  • Kat Cole's Twitter.
  • Trey Lockerbie's Twitter.
  • Preston, Trey & Stig’s tool for picking stock winners and managing our portfolios: TIP Finance Tool.
  • Read the 9 Key Steps to Effective Personal Financial Management.
  • Invest in the $1.7 trillion art market with Masterworks.io. Use promocode WSB to skip the waitlist. See important disclosures here.
  • Transform how you drive business results and connect with customers with Snap AR.
  • Communicate your ideas in the best way possible with Canva.
  • Invest in high-quality, cash-flowing real estate without all of the hassle with PassiveInvesting.
  • Get 20% off on Simplisafe's newest Wireless Outdoor Security system and get the first month of monitoring service for FREE when you enroll in Interactive Monitoring.
  • Trade confidently with BMO adviceDirect. Start trading today with personalized advice with a minimum of just $10,000.
  • Track performance, create custom watch lists, and trade from anywhere with confidence with a BMO InvestorLine Self-Directed account.
  • Join OurCrowd and get to invest in medical technology, breakthroughs in ag-tech and food production, solutions in the multi-billion dollar robotic industry, and so much more.
  • Get access to some of the most sought-after real estate in the U.S. with Crowdstreet.
  • Get into a topic quickly, find new topics, and figure out which books you want to spend more time listening to more deeply with Blinkist. Get 25% off and a 7-day free trial today.
  • Remove uncertainty from your portfolio and receive a steady flow of cash all year round with Farmfolio.
  • Learn about the next big thing – months before everyone else with Trends. Start your 7-day trial today for just $1.
  • Browse through all our episodes (complete with transcripts) here.
  • Support our free podcast by supporting our sponsors.


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Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to TI-P.

0:02.4

Today we are exploring the power of brand and how it fuels billion dollar enterprises.

0:08.2

My guest is Cat Cole, former president and COO of Focus Brands,

0:13.0

a portfolio company with household names like Cinebon, Carvelle, Jamba,

0:18.0

Antean, Schlottski's, and more.

0:20.6

Focus as a whole generates around 5 billion in revenue per year,

0:24.6

so we take a deep dive into how these brands came to prominence.

0:28.2

In this episode we discuss Cat's rise from being a Hooters waitress at age 18

0:33.2

to being a VP of Hooters by age 26.

0:36.8

What it was like to be placed at the helm of Cinebon during the Great Recession

0:40.4

and how she pulled off a miraculous turnaround,

0:42.9

operating principles that can be applied to any business,

0:46.2

the importance of community while building a brand and so much more.

0:49.9

Cat is an absolute powerhouse and she shares a generous amount of knowledge and wisdom in this episode.

0:55.1

So without further ado, please enjoy this discussion with Cat Cole.

1:02.7

You are listening to the Investors Podcast where we study the financial markets

1:07.6

and read the books that influence self-made billionaires the most.

1:11.0

We keep you informed and prepared for the unexpected.

1:14.1

Welcome to the Investors Podcast.

1:24.7

I'm your host, Trey Lockerby, and today I am so excited to have with me Cat Cole.

1:30.4

First time on the show, welcome to the show, Cat.

1:32.3

Thanks for having me.

...

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