From being forced to layoff his whole staff, to selling his company for $140 million, our next guest, Michael Diamant, has great insight on how he became successful. Michael Diamant created a well-known brand with his wife, called Skip Hop, which was sold to Carter’s for $140 million. It all started with a diaper bag in 2003. Michael and his wife wanted a diaper bag that was fully functional, however, also appealed to a fashion savvy crowd. The company continued to grow for 15 more years creating several more innovative baby care products before they were bought by Carter’s. Now both Michael and his wife continue to work with Carter’s to help grow the brand Skip Hop.
Before Michael created a very successful brand, he had a great career and started multiple companies. He has a background in advertising and was a happy employee at MTV. Tune in to find out more about how Michael became successful…
Growing up
The world of advertising
Working at MTV, and the impact it had on Michael
His first company – T3 Media
How he was able to start iClips
How it felt to have to lay off 35 employees
His Skip Hop Journey
Ambition Today Question of the Day™ :
What advise would you have for other entrepreneurs who are trying to find product market fit?
The Single Greatest Piece of Advice:
Members of the "A-list" can listen to exclusive A-list bonus clips here! If you are not a member yet be sure to join the Ambition Today A-list!
Links from this episode:
==========
Ambition Today Is Proudly Independent & Supported By:
Finta - A secure, deal room platform for early-stage companies. Quickly set up your company and you’ve got a blazing fast tool for organizing your fundraise and securing your sensitive company information. House your pitch deck, secure your legal documents, organize your cap table, notify target investors, and close deals faster! Finta allows you to raise more, save time, and increase your efficiency.
The A-List - Join the podcast’s backchannel for exclusive access to learn the single greatest piece of advice each guest has ever learned! Plus additional Ambition Today content, deeper guest insights, a community of fellow fans, and much more.
==========
Visit Ambition Today on the Web: www.siskar.co/ambitiontoday Follow Kevin Siskar on Twitter: twitter.com/TheSiskar
Follow Kevin Siskar on Instagram: instagram.com/thesiskar
Follow Kevin Siskar on Facebook: facebook.com/kevin.siskar
Add Kevin Siskar on Snapchat: snapchat.com/ad
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
The Joe Rogan Experience
The official podcast of comedian Joe Rogan.