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Wisdom.MBA - Branding, Innovation & Explosive Growth with Ted Baker

Branding, Innovation & Explosive Growth with Ted Baker

Wisdom.MBA

07/18/20 • 56 min

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Ted Baker is the co-founder of QALO (pronounced “kay-lo”), an active lifestyle company which was started in 2012. Their hero product, a functional silicone ring, has disrupted the multi-billion dollar wedding ring industry. In 2018, QALO was ranked #151 on Inc. Magazine’s fastest growing companies list. People like Lebron James, Dale Earnhardt Jr and Steph Curry now wear them. Ted’s story is a great example of how new innovative products can create a white space, unlocking unmet sources of customer value while capturing share in established markets. Ted shares his insights on the grit and tenacity it takes to bootstrap a company to phenomenal growth. Ted earned his MBA, with a focus in entrepreneurial and small business operations, from Loyola Marymount University. He currently serves as Board Chairman of www.qalo.com.
Discussion Topics:

(1:29) Backstory on how and why Ted started QALO.

(5:35) Launching without outside investment.

(7:35) Brand, culture and building an active lifestyle brand.

(14:30) Dealing with new competitors after explosive growth.

(17:26) Innovation and new product launches.

(22:57) Selling on Amazon and omni-channel marketing strategies.

(29:15) How to bootstrap a company for growth.

(35:40) Variable marketing and return on advertising spend (ROAS).

(40:45) Leveraging a business school education as an entrepreneur.

07/18/20 • 56 min

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