TMBA505: How to Choose Your Own Product
Tropical MBA: Entrepreneurship & Founder Lifestyle
Dan Andrews; Ian Schoen
4.9 • 527 Ratings
🗓️ 8 August 2019
⏱️ 51 minutes
🧾️ Download transcript
Summary
A few weeks ago on this podcast, Dan and Ian were talking about some of their biggest pet peeves.
In that episode, Ian lamented that the quality of flip flops available for purchase had drastically declined.
What happened next should come as no surprise. A few listeners of this show reached out to us to let us know that they had started their own product business manufacturing flip flops.
Jeremy Stewart is the co-founder of Hari Mari, which he started with his wife Leila. Hari Mari manufactures and sells premium flip flops across the globe.
On today's episode, Jeremy joins us to talk about how their company was founded, how his experience as a political consultant helped Hari Mari grow, and how they were able to go from ground zero to having their products sold in big box retail stores.
Transcript
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| 0:00.0 | Hey, podcast listener. |
| 0:04.9 | Even if you are alone in your entrepreneurial journey, know that today, right now in your earbuds, |
| 0:09.7 | you are joined by thousands of entrepreneurs from all around the globe seeking to grow better, |
| 0:14.9 | more profitable, location independent businesses. |
| 0:17.8 | If you'd like to learn more about what we do and download our entire back catalog, check out tropical MBA.com. |
| 0:29.6 | Welcome back to the TMBA pod. |
| 0:36.1 | On this very podcast, just a few weeks ago, my co-host, the boss man, bemoaned the state of flip-flop quality in the world. |
| 0:45.8 | And what happened next shouldn't surprise us. |
| 0:48.8 | Listeners to this show had in fact started a product business that manufactured flip-flops and not just any business, |
| 0:56.1 | one that's doing really, really well. And so we thought, what the heck, let's get them on |
| 1:00.9 | the show and hear the story. And Bossman, you did this interview and I had a quick pre-listen to the |
| 1:05.8 | conversation. I have to say, you covered some deeply philosophical stuff. Okay, first question, can American men embrace |
| 1:15.8 | the backstrap on the flip-flop? Will there be a point in time where that happens? |
| 1:19.5 | Possibly, possibly. This is a very critical question indeed. I think it's time that we adopt |
| 1:27.1 | the backstrap, but I will leave it up |
| 1:28.7 | to you, listener, not you European listeners, you've already adopted it. You American listeners, |
| 1:33.3 | should we adopt the backstrap? Our guest has done something amazing. Starting a physical |
| 1:39.0 | products business, getting your physical product into big box retail, that is these big stores at the mall and these |
| 1:45.4 | stores that have existed for a long time in America, Nordstrom's being one of them, is very |
| 1:50.5 | difficult to do. It's very difficult to have an idea, to manufacture it, to be able to sell it, |
| 1:55.7 | to be able to distribute it, to be able to keep track of your cash flow, to be able to take on |
| 2:00.3 | investors. I think that these |
... |
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