1 00:00:08,600 --> 00:00:12,360 Speaker 1: Welcome, Welcome, Welcome back to the bob lef Sets podcast. 2 00:00:13,080 --> 00:00:17,639 Speaker 1: My guest today is Terrence Riley, the marketer extraordinary, the 3 00:00:17,760 --> 00:00:22,120 Speaker 1: man behind the Stanley Quencher, the revival of Crocs and 4 00:00:22,160 --> 00:00:23,840 Speaker 1: now Hey Dude shoots. 5 00:00:24,720 --> 00:00:26,880 Speaker 2: Terrence, how do you reach the public today? 6 00:00:28,280 --> 00:00:31,639 Speaker 3: I'll throw so many ways. The best way to reach 7 00:00:31,680 --> 00:00:36,640 Speaker 3: them is fast. That's really the trick. And through social media, 8 00:00:37,479 --> 00:00:42,920 Speaker 3: the opportunities to reach people fast are so incredible and extraordinary, 9 00:00:43,040 --> 00:00:47,320 Speaker 3: so social and fast. That's been some of the unlocks 10 00:00:47,320 --> 00:00:49,400 Speaker 3: in the last ten years for certainly my career. 11 00:00:50,120 --> 00:00:51,600 Speaker 2: You say fast, what do you mean there? 12 00:00:52,760 --> 00:00:57,320 Speaker 3: Fast today tomorrow? You know, the attention span of most 13 00:00:57,360 --> 00:01:01,640 Speaker 3: folks is now, and so to get folks attention, you 14 00:01:01,760 --> 00:01:05,600 Speaker 3: got to react quickly to what's happening on trends. A 15 00:01:05,600 --> 00:01:07,679 Speaker 3: lot of the things that you write about, it's on TikTok, 16 00:01:07,800 --> 00:01:11,440 Speaker 3: it's on social media, and brands in particular can see that. 17 00:01:12,000 --> 00:01:16,160 Speaker 3: And the quicker you respond, react or create something, the 18 00:01:16,240 --> 00:01:19,520 Speaker 3: better off your connection to that consumer or culture is 19 00:01:20,000 --> 00:01:21,080 Speaker 3: what a gift it is too. 20 00:01:22,640 --> 00:01:26,319 Speaker 2: Okay, let's go with your present gig. Hey dude, you know, 21 00:01:26,360 --> 00:01:30,680 Speaker 2: Hey Dude's numbers were great. Crocs purchased it recently, they 22 00:01:30,680 --> 00:01:34,160 Speaker 2: haven't been that good. You're obviously given the job to 23 00:01:34,200 --> 00:01:35,920 Speaker 2: bring it back. How are you going to do that? 24 00:01:36,840 --> 00:01:39,200 Speaker 3: Yeah, so, hey dude, boy, we're a eight hundred plus 25 00:01:39,240 --> 00:01:42,560 Speaker 3: million dollar footwear brand. You know, we're a top ten 26 00:01:42,680 --> 00:01:46,399 Speaker 3: global footwear brand. So it's an amazing success story. But 27 00:01:46,480 --> 00:01:48,840 Speaker 3: you're right, there's been a bit of a lull, which 28 00:01:48,920 --> 00:01:51,840 Speaker 3: is one of the reasons why I accepted the offer 29 00:01:51,880 --> 00:01:55,280 Speaker 3: to come as the Hay Dude president. And let's connect 30 00:01:55,480 --> 00:02:00,240 Speaker 3: with consumers, customers and culture and so a couple things 31 00:02:00,240 --> 00:02:02,480 Speaker 3: that I laid out really on my first day. You know, 32 00:02:02,520 --> 00:02:05,400 Speaker 3: you join the team and you listen to some of 33 00:02:05,400 --> 00:02:07,720 Speaker 3: the things that are working or isn't, and then you 34 00:02:07,800 --> 00:02:11,440 Speaker 3: lay out a vision for the brand, and it's to 35 00:02:11,880 --> 00:02:14,800 Speaker 3: really build the core and add more is where it starts. 36 00:02:14,960 --> 00:02:17,359 Speaker 3: Like we had the Wendy and the Wally, these two 37 00:02:17,400 --> 00:02:22,160 Speaker 3: famous silhouettes, which most people know is hey dude. So 38 00:02:22,200 --> 00:02:26,800 Speaker 3: we've got to strengthen those things and you know forever, 39 00:02:27,280 --> 00:02:29,600 Speaker 3: you know, since the Beatles at least are Elvis. You know, 40 00:02:29,680 --> 00:02:33,640 Speaker 3: youth culture drives culture, but more than ever, youth female 41 00:02:33,680 --> 00:02:38,840 Speaker 3: culture drives culture. And so to ignite a young female 42 00:02:39,160 --> 00:02:43,000 Speaker 3: consumer is really an important aspect of what we're up 43 00:02:43,000 --> 00:02:44,639 Speaker 3: to here at Hey dude in the nine months since 44 00:02:44,639 --> 00:02:48,480 Speaker 3: I've been president, and do it through a few lenses, 45 00:02:48,520 --> 00:02:51,360 Speaker 3: you know, where people are wearing shoes, travel and music 46 00:02:51,440 --> 00:02:55,040 Speaker 3: and pre and post sport, especially young women who are 47 00:02:55,520 --> 00:02:58,760 Speaker 3: wearing footwear in that kind of environment, to do all 48 00:02:58,800 --> 00:03:02,240 Speaker 3: those things to ignore this brand, and we're already up 49 00:03:02,280 --> 00:03:04,560 Speaker 3: to it. And it's been an incredible nine months for 50 00:03:04,639 --> 00:03:06,440 Speaker 3: me in the way we're already connecting. So it's been 51 00:03:06,480 --> 00:03:07,080 Speaker 3: a lot of fun. 52 00:03:07,440 --> 00:03:12,680 Speaker 2: Okay, prior to getting an email from you, I didn't 53 00:03:12,720 --> 00:03:16,960 Speaker 2: know what hay Dude was. I didn't know they were shoes. 54 00:03:17,720 --> 00:03:21,919 Speaker 2: Am I an anomaly? Is there an issue of knowledge? 55 00:03:22,080 --> 00:03:24,520 Speaker 2: Or is there an issue of I'm not the target 56 00:03:24,560 --> 00:03:26,760 Speaker 2: audience and therefore that's not where you're focusing. 57 00:03:27,680 --> 00:03:29,440 Speaker 3: Yes, I think it's a little bit of all of that. 58 00:03:29,600 --> 00:03:33,239 Speaker 3: I think we're a relatively new brand and so that's 59 00:03:33,320 --> 00:03:35,600 Speaker 3: part of it. But you know, eight hundred plus million 60 00:03:35,720 --> 00:03:40,000 Speaker 3: dollar mystery is a pretty exciting opportunity for somebody like 61 00:03:40,040 --> 00:03:42,800 Speaker 3: myself to you know, get the keys thrown at me 62 00:03:42,880 --> 00:03:46,240 Speaker 3: to drive this car. So it's a pretty extraordinary thing, 63 00:03:46,400 --> 00:03:49,120 Speaker 3: you know, but we're a footwear brand for all ages. 64 00:03:49,880 --> 00:03:52,720 Speaker 3: There's you know, dad's in Iowa that love us, and 65 00:03:52,920 --> 00:03:56,200 Speaker 3: young women in Miami who love us, and everywhere in between. 66 00:03:56,320 --> 00:03:59,600 Speaker 3: And so the more we can get younger and more female, 67 00:03:59,600 --> 00:04:02,080 Speaker 3: as I said earlier, the more well known Hey Dude 68 00:04:02,080 --> 00:04:04,320 Speaker 3: will be. But you know, we're in some of America's 69 00:04:04,320 --> 00:04:09,320 Speaker 3: premier retailers and we are a real success story that 70 00:04:09,400 --> 00:04:12,760 Speaker 3: hit a bump in the road and now we're driving 71 00:04:12,760 --> 00:04:14,120 Speaker 3: it like we stole it bub. 72 00:04:14,120 --> 00:04:18,120 Speaker 2: Okay, not everybody is familiar with Hey Dude. Can you 73 00:04:18,200 --> 00:04:20,160 Speaker 2: tell us what the Hay Dude shoe is? 74 00:04:20,960 --> 00:04:24,960 Speaker 3: Yeah? So it's a really comfortable, casual shoe. It's like 75 00:04:25,080 --> 00:04:27,680 Speaker 3: six ounces. It's the lightest thing. When you put your 76 00:04:27,680 --> 00:04:30,240 Speaker 3: feet in, then you're like, oh dude, Like these are 77 00:04:30,240 --> 00:04:33,720 Speaker 3: the lightest, most comfortable shoes out there, and they're meant 78 00:04:33,760 --> 00:04:38,479 Speaker 3: for anything. Really, they're not performance shoes, of course, they're 79 00:04:38,560 --> 00:04:41,719 Speaker 3: really casual and they're led by the Wendy and Wally 80 00:04:41,800 --> 00:04:45,040 Speaker 3: silhouette that is really our icon. But Hey Dude is 81 00:04:45,160 --> 00:04:48,680 Speaker 3: it's unlike anything, Bob. It's a real success story that 82 00:04:48,760 --> 00:04:52,359 Speaker 3: I said is a huge top ten footwear brand that 83 00:04:52,480 --> 00:04:54,920 Speaker 3: still is a bit of an unknown and that's an 84 00:04:54,920 --> 00:04:55,880 Speaker 3: incredible thing. 85 00:04:56,000 --> 00:04:59,680 Speaker 2: Okay, let's start really at the basics. Sure, what is 86 00:04:59,680 --> 00:05:01,080 Speaker 2: the dude shoe made on? 87 00:05:02,200 --> 00:05:04,440 Speaker 3: I was made out of different things? Certainly canvas is 88 00:05:04,480 --> 00:05:06,760 Speaker 3: the thing that makes us famous, and it was so 89 00:05:06,960 --> 00:05:11,040 Speaker 3: light and is a credible thing to pack in a suitcase, 90 00:05:11,400 --> 00:05:14,400 Speaker 3: to add that extra pair in your bag so you 91 00:05:14,400 --> 00:05:16,719 Speaker 3: don't hit the dreaded you know, weight limit in your 92 00:05:16,839 --> 00:05:21,520 Speaker 3: your travel bag. So stylish, comfortable, and a variety of 93 00:05:21,560 --> 00:05:25,560 Speaker 3: things that we make different styles, And there's boots, there's 94 00:05:25,600 --> 00:05:29,000 Speaker 3: our classic Wendy's in our wallis, there's slippers that are 95 00:05:29,000 --> 00:05:30,800 Speaker 3: made out of fuzz and all those good things. So 96 00:05:30,839 --> 00:05:34,400 Speaker 3: a variety of different styles to suit alls of different needs. 97 00:05:35,000 --> 00:05:39,520 Speaker 2: Okay, So the quantity of product. In the late nineties, 98 00:05:39,560 --> 00:05:43,200 Speaker 2: when Steve Jobs came back to Apple, he quite famously 99 00:05:43,440 --> 00:05:47,920 Speaker 2: streamlined the product line to make it more comprehensible. How 100 00:05:47,960 --> 00:05:51,680 Speaker 2: many different off rings does hey dudes have? And how 101 00:05:51,720 --> 00:05:55,000 Speaker 2: do you decide whether to add something not add something? 102 00:05:55,880 --> 00:05:58,960 Speaker 3: Yeah, great question. I think, as I mentioned earlier, it's 103 00:05:58,960 --> 00:06:02,000 Speaker 3: to build the core and add more. And so the 104 00:06:02,040 --> 00:06:05,800 Speaker 3: core is the Wendy and the Wally, the classic silhouette 105 00:06:05,800 --> 00:06:08,240 Speaker 3: that people who do know, Hey dude, know it for 106 00:06:09,279 --> 00:06:12,560 Speaker 3: and so we need to strengthen that icon, but build 107 00:06:12,640 --> 00:06:16,280 Speaker 3: around it things like the slipper that I mentioned. A 108 00:06:16,360 --> 00:06:19,400 Speaker 3: success that is beginning to percolate for us is an 109 00:06:19,520 --> 00:06:23,880 Speaker 3: Austin Lift, which is a women's style that's a slip 110 00:06:23,880 --> 00:06:27,880 Speaker 3: in elevated platform shoot different than the Wendy in the Wallly. 111 00:06:28,000 --> 00:06:30,800 Speaker 3: So you want to strengthen the core, which is hey dude, 112 00:06:31,040 --> 00:06:33,320 Speaker 3: but you want to add the more and connect with 113 00:06:33,360 --> 00:06:38,320 Speaker 3: different consumers. So a similar strategy and underperforming skews we 114 00:06:38,360 --> 00:06:39,200 Speaker 3: stop making. 115 00:06:39,720 --> 00:06:44,880 Speaker 2: Okay distribution, people think content is king. If you can't 116 00:06:44,880 --> 00:06:49,280 Speaker 2: buy it, it doesn't matter what it is. So you know, 117 00:06:49,400 --> 00:06:53,240 Speaker 2: Nike famously pulled back and their sales went down. They 118 00:06:53,279 --> 00:06:56,280 Speaker 2: wanted to go to a more direct sales model in 119 00:06:56,320 --> 00:07:02,000 Speaker 2: this particular case, how many retailers can Hey dude, and 120 00:07:02,440 --> 00:07:05,160 Speaker 2: do you want more? Do you want less? What is 121 00:07:05,200 --> 00:07:08,479 Speaker 2: your relationship with the retail cham great question. 122 00:07:08,640 --> 00:07:12,239 Speaker 3: Yeah, we're in some of America's and the world's leading 123 00:07:12,280 --> 00:07:16,160 Speaker 3: footwear destinations, you know, Dick's Sporting Goods here in the States, 124 00:07:16,240 --> 00:07:19,760 Speaker 3: or famous Footwear Academy, and so we want to be 125 00:07:19,840 --> 00:07:23,800 Speaker 3: on shelf. You know, footwear is often a TecTile thing. 126 00:07:23,840 --> 00:07:25,000 Speaker 3: You want to pick it up and you want to 127 00:07:25,040 --> 00:07:29,640 Speaker 3: try it on. But also, heydo dot Com, Amazon, or 128 00:07:29,680 --> 00:07:33,559 Speaker 3: places where folks are shopping, And we were the number 129 00:07:33,680 --> 00:07:37,960 Speaker 3: three TikTok shop brand in December of twenty twenty four, 130 00:07:39,120 --> 00:07:42,240 Speaker 3: and so we want to be where the consumer is shopping, 131 00:07:42,280 --> 00:07:45,240 Speaker 3: and that's what we're up to. So we're one of 132 00:07:45,240 --> 00:07:48,440 Speaker 3: the top five footwear brands and so many of the 133 00:07:48,520 --> 00:07:51,760 Speaker 3: key footwear destinations in the US and get an after it. 134 00:07:51,960 --> 00:07:53,880 Speaker 2: Okay, let's drill down on some of the things you 135 00:07:53,880 --> 00:07:59,239 Speaker 2: said physical retail. Yeah, how hard is it to get 136 00:07:59,280 --> 00:08:02,840 Speaker 2: in a store? How many models will they take? How 137 00:08:02,840 --> 00:08:06,760 Speaker 2: do you make sure that they're promoting your shoe appropriately? 138 00:08:07,760 --> 00:08:09,600 Speaker 3: Yeah, Well, you're only as good as what the consumer 139 00:08:09,680 --> 00:08:14,360 Speaker 3: is reacting to, right, So the partners at any footwear 140 00:08:14,360 --> 00:08:18,160 Speaker 3: destination or any retailer are reacting to what their consumers 141 00:08:18,680 --> 00:08:21,559 Speaker 3: are after. So certainly, as I mentioned earlier that Wendy 142 00:08:21,600 --> 00:08:24,840 Speaker 3: and the Wally silhouette is eighty percent of Hey Dude, 143 00:08:24,880 --> 00:08:29,520 Speaker 3: So introducing new styles and new colors, materials and finish 144 00:08:29,920 --> 00:08:33,400 Speaker 3: for those to have somebody buy that extra pair or 145 00:08:33,720 --> 00:08:36,200 Speaker 3: the one or two that they buy every season is 146 00:08:36,440 --> 00:08:39,160 Speaker 3: part of the dance that you do with retailers, and 147 00:08:39,240 --> 00:08:42,640 Speaker 3: so they tell you what's working and they buy or 148 00:08:42,679 --> 00:08:45,719 Speaker 3: don't buy, depending on the success or the EBB and 149 00:08:45,760 --> 00:08:49,280 Speaker 3: flow of what you're doing is the brand to market 150 00:08:49,400 --> 00:08:52,959 Speaker 3: those different styles and so a variety of products in 151 00:08:53,000 --> 00:08:55,959 Speaker 3: a variety of different settings around the world. 152 00:08:56,160 --> 00:08:57,680 Speaker 2: And how do you determine pricing? 153 00:08:59,520 --> 00:09:01,760 Speaker 3: Well, certainly the consumer helps us do that, but we're 154 00:09:01,840 --> 00:09:05,240 Speaker 3: really an affordable you know, under seventy five dollars, largely 155 00:09:05,640 --> 00:09:08,760 Speaker 3: a pair of comfortable shoes that you know, just last 156 00:09:08,800 --> 00:09:12,120 Speaker 3: you for a long time and serve a variety of 157 00:09:12,200 --> 00:09:15,760 Speaker 3: needs in so many different places. As I mentioned earlier, 158 00:09:15,800 --> 00:09:18,959 Speaker 3: travel or pre and post sport, after the beach or 159 00:09:19,280 --> 00:09:21,360 Speaker 3: at the barbecue. We're just walking around. I mean, hey, 160 00:09:21,480 --> 00:09:24,839 Speaker 3: dudes are so popular as I mentioned earlier, by our 161 00:09:24,880 --> 00:09:27,520 Speaker 3: success and now we're just hooking the brand up to 162 00:09:27,559 --> 00:09:29,360 Speaker 3: the rejuvenation machine. 163 00:09:29,600 --> 00:09:34,480 Speaker 2: Okay, what percentage of sales or physical retail as opposed 164 00:09:34,520 --> 00:09:36,240 Speaker 2: to online. 165 00:09:35,880 --> 00:09:39,200 Speaker 3: Yeah, that's something we keep to ourselves, Bob, It's something 166 00:09:39,200 --> 00:09:41,440 Speaker 3: that we don't typically share those kinds of things. But 167 00:09:41,520 --> 00:09:45,320 Speaker 3: our online business is growing, as I mentioned earlier, TikTok 168 00:09:45,320 --> 00:09:48,360 Speaker 3: shop and other things are new ways that we are 169 00:09:48,760 --> 00:09:50,640 Speaker 3: showcasing hey Dude to consumers. 170 00:09:51,200 --> 00:09:54,720 Speaker 2: Okay, so let's just assume I wanted to buy online. Yeah, 171 00:09:54,840 --> 00:09:57,720 Speaker 2: I can buy direct from heydude dot com or something 172 00:09:57,800 --> 00:10:00,400 Speaker 2: I can buy TikTok, I can buy Amazon. Can I 173 00:10:00,440 --> 00:10:01,240 Speaker 2: buy the issues? 174 00:10:01,800 --> 00:10:06,000 Speaker 3: All the above? You can all the above haydud dot com, 175 00:10:06,040 --> 00:10:09,600 Speaker 3: TikTok shop, or Amazon, or you walk into some of 176 00:10:09,640 --> 00:10:13,000 Speaker 3: your favorite retailers wherever you are and they'll likely have 177 00:10:13,040 --> 00:10:15,240 Speaker 3: Heydude depending on where you are and what store you 178 00:10:15,280 --> 00:10:15,760 Speaker 3: walk into. 179 00:10:16,320 --> 00:10:19,480 Speaker 2: Okay, what is the deal? Tell us more about the 180 00:10:19,520 --> 00:10:23,280 Speaker 2: TikTok shop and how that works. Yeah, so lots of 181 00:10:23,280 --> 00:10:27,600 Speaker 2: different content creators are talking about your brand on TikTok 182 00:10:27,640 --> 00:10:31,319 Speaker 2: shop and they get a certain percentage of the business. 183 00:10:31,800 --> 00:10:34,080 Speaker 2: It comes and goes depending on the content creator and 184 00:10:34,120 --> 00:10:37,200 Speaker 2: the size of their audience. And it's a way to 185 00:10:37,280 --> 00:10:42,400 Speaker 2: get your brand, your footwear right in front of folks 186 00:10:42,480 --> 00:10:46,680 Speaker 2: on their for you page or wherever they're scrolling. And 187 00:10:46,840 --> 00:10:49,080 Speaker 2: it's been a remarkable success for the brand. 188 00:10:50,160 --> 00:10:54,440 Speaker 3: I joined as the Haydude president in May, and I've 189 00:10:54,480 --> 00:10:59,120 Speaker 3: seen my success in other places on TikTok and social media, 190 00:10:59,440 --> 00:11:01,320 Speaker 3: and that's one of the things I suggested to the 191 00:11:01,360 --> 00:11:05,480 Speaker 3: team strongly that we really get active on TikTok and 192 00:11:05,520 --> 00:11:08,840 Speaker 3: in TikTok shop, and we got after it thanks to 193 00:11:08,880 --> 00:11:11,640 Speaker 3: a great team, and we've seen really strong success. 194 00:11:12,000 --> 00:11:16,440 Speaker 2: Okay, let's say I'm a user. Yeah, theoretically, can I 195 00:11:16,559 --> 00:11:20,360 Speaker 2: say I'm going to peruse the TikTok shop or pretty 196 00:11:20,400 --> 00:11:23,199 Speaker 2: much am I buying because I see the video of it? 197 00:11:23,360 --> 00:11:27,640 Speaker 3: Influencer both you can go to the TikTok shop or 198 00:11:27,679 --> 00:11:30,520 Speaker 3: it will come through your algorithm as the algorithm works, 199 00:11:31,320 --> 00:11:34,920 Speaker 3: and so you'll be interrupted by TikTok shop for whatever 200 00:11:34,960 --> 00:11:38,319 Speaker 3: brand in our case, hey dude, or you can go 201 00:11:38,400 --> 00:11:41,920 Speaker 3: to the hey Dude TikTok shop as you are on TikTok. 202 00:11:42,760 --> 00:11:44,199 Speaker 3: And if you're not on TikTok, you go to other 203 00:11:44,240 --> 00:11:47,240 Speaker 3: places to discover hey dude, whether we're on Instagram or 204 00:11:47,880 --> 00:11:51,680 Speaker 3: other places like Facebook or just generally searching through Amazon, 205 00:11:51,840 --> 00:11:52,880 Speaker 3: Google or hated. 206 00:11:53,080 --> 00:11:57,319 Speaker 2: Okay, so let's start with TikTok to reach the customer. 207 00:11:58,280 --> 00:12:01,200 Speaker 2: How do you do that? Is it mostly about deals 208 00:12:01,280 --> 00:12:06,880 Speaker 2: with influencers, Is it about posting your own content? Is 209 00:12:06,880 --> 00:12:09,640 Speaker 2: it about buying ads? How do you do it? Yeah? 210 00:12:09,800 --> 00:12:12,800 Speaker 3: All the above all the above, we have our own 211 00:12:13,720 --> 00:12:18,720 Speaker 3: Hey Dude created content by our wonderful social media team. 212 00:12:19,640 --> 00:12:23,880 Speaker 3: We work with content creators to create content. We work 213 00:12:23,960 --> 00:12:28,559 Speaker 3: with celebrities or artists to create content, and of course 214 00:12:28,960 --> 00:12:32,080 Speaker 3: TikTok shop content creators as well. So it is a 215 00:12:32,120 --> 00:12:37,360 Speaker 3: real multi pronged delivery system just through TikTok alone that 216 00:12:37,679 --> 00:12:41,000 Speaker 3: you want to keep fresh and get multiple messages out 217 00:12:41,040 --> 00:12:44,040 Speaker 3: to the consumer. The messages that you want the consumer 218 00:12:44,200 --> 00:12:47,520 Speaker 3: to know are important to Heydo, therefore they should know it. Okay, 219 00:12:47,640 --> 00:12:52,360 Speaker 3: leaving celebrities aside, what works? I mean there are different theories. 220 00:12:52,440 --> 00:12:55,560 Speaker 3: Let's talk print, which is dying. Some people say if 221 00:12:55,600 --> 00:12:58,080 Speaker 3: you give a lot of information, the active buyer will 222 00:12:58,120 --> 00:13:01,400 Speaker 3: actually be interested in that revent. Other people want less 223 00:13:01,400 --> 00:13:06,640 Speaker 3: content or is it more about flashy video what sparks 224 00:13:06,760 --> 00:13:11,200 Speaker 3: people on TikTok to be activated to purchase or check 225 00:13:11,240 --> 00:13:15,880 Speaker 3: out Hey Do. I think humor can work oftentimes, but 226 00:13:15,920 --> 00:13:20,839 Speaker 3: I think it's genuine content. Like genuine genuineness is what 227 00:13:20,880 --> 00:13:24,920 Speaker 3: people are after and what connects the most. And as 228 00:13:24,960 --> 00:13:29,000 Speaker 3: I said earlier, doing something and reacting to something fast 229 00:13:30,480 --> 00:13:32,960 Speaker 3: can be that. And then of course, when brands participate 230 00:13:33,000 --> 00:13:35,960 Speaker 3: in trends, you know, as you know, there's a different 231 00:13:35,960 --> 00:13:39,520 Speaker 3: TikTok trend every week or so, and when the brand 232 00:13:39,600 --> 00:13:42,120 Speaker 3: participates in it and does it well. Not all brands 233 00:13:42,160 --> 00:13:44,480 Speaker 3: do it all the time, well including hey dude, but 234 00:13:44,559 --> 00:13:49,000 Speaker 3: when you do it gets engagement gets shared, and that's 235 00:13:49,040 --> 00:13:50,840 Speaker 3: part of the trick as well. So it's really an 236 00:13:50,840 --> 00:13:55,360 Speaker 3: asset allocation of different things, not just on TikTok, but generally. 237 00:13:55,679 --> 00:13:58,760 Speaker 2: Can you give me some specific example where there's a 238 00:13:58,840 --> 00:14:02,280 Speaker 2: trend on TikTok and hey dude, leverage that. 239 00:14:04,040 --> 00:14:06,960 Speaker 3: Yeah, just uh, last week we did something that had 240 00:14:06,960 --> 00:14:10,280 Speaker 3: four million views, which you know evades me of why, 241 00:14:10,760 --> 00:14:15,240 Speaker 3: but it was two of our young social media associates 242 00:14:15,320 --> 00:14:18,959 Speaker 3: just have their finger on that pulse and they engaged 243 00:14:18,960 --> 00:14:22,080 Speaker 3: in it and away we went with, you know, four 244 00:14:22,120 --> 00:14:26,040 Speaker 3: million views of something like that. That would seem innocuous 245 00:14:26,080 --> 00:14:28,800 Speaker 3: and it's not something that you can script or would 246 00:14:28,800 --> 00:14:32,840 Speaker 3: put in your marketing calendar, but it is something that 247 00:14:32,960 --> 00:14:35,160 Speaker 3: is in real time and it was done well, and 248 00:14:35,200 --> 00:14:38,640 Speaker 3: the consumer and the TikTok viewer if you will, or 249 00:14:38,800 --> 00:14:41,760 Speaker 3: user reacted to it. You know, brands are doing that 250 00:14:41,840 --> 00:14:44,200 Speaker 3: right now, including hey, do the you know the du 251 00:14:44,360 --> 00:14:49,760 Speaker 3: lingo logo that their sunsetting. You know, brands are participating 252 00:14:49,880 --> 00:14:53,480 Speaker 3: in that, including hey do just today. So there's different 253 00:14:53,520 --> 00:14:55,160 Speaker 3: ways that you can engage. 254 00:14:54,800 --> 00:14:57,480 Speaker 2: Well, way be very specific how you were participating in that. 255 00:14:57,920 --> 00:15:01,320 Speaker 3: We just uh we posted about the the quote unquote 256 00:15:01,320 --> 00:15:04,400 Speaker 3: death of the Duolingo logo, and so lots of brands 257 00:15:04,400 --> 00:15:06,400 Speaker 3: are doing it and we've got nice little traction on 258 00:15:06,440 --> 00:15:09,160 Speaker 3: it and different ways. Just to be part of the 259 00:15:09,200 --> 00:15:12,880 Speaker 3: conversation is you know, I think others have said it's 260 00:15:12,920 --> 00:15:16,200 Speaker 3: the marketplace, it's the town square. And so when you 261 00:15:16,320 --> 00:15:18,640 Speaker 3: engage and you do it well, and not all brands 262 00:15:18,760 --> 00:15:20,680 Speaker 3: get it right every time, but when you do do 263 00:15:20,760 --> 00:15:23,840 Speaker 3: it well, it connects. And the more you're throwing different 264 00:15:23,880 --> 00:15:29,160 Speaker 3: lines into the water to appeal to different audiences and 265 00:15:29,200 --> 00:15:32,600 Speaker 3: put your brand out there as a current, fast moving 266 00:15:33,240 --> 00:15:36,000 Speaker 3: finger on the pulse of culture brand, the more you 267 00:15:36,040 --> 00:15:38,160 Speaker 3: connect and the more people say, I might give those 268 00:15:38,160 --> 00:15:38,800 Speaker 3: shoes a try. 269 00:15:46,480 --> 00:15:51,200 Speaker 2: Okay, when it comes to influencers, how many influencers might 270 00:15:51,240 --> 00:15:54,480 Speaker 2: you have relationships within pay at a time? 271 00:15:55,560 --> 00:15:58,800 Speaker 3: Dozens and dozens, and they ebb and flow depending on 272 00:15:59,000 --> 00:16:01,640 Speaker 3: the season, depending on the shoe, depending on the message 273 00:16:01,640 --> 00:16:04,400 Speaker 3: that we want to tell. So there are dozens and 274 00:16:04,440 --> 00:16:09,359 Speaker 3: dozens of them, and some are with us throughout seasons. 275 00:16:09,480 --> 00:16:13,760 Speaker 3: But it's a very cyclical of the moment type of 276 00:16:14,120 --> 00:16:19,720 Speaker 3: environment where brands like us are fast moving and folks 277 00:16:19,800 --> 00:16:22,760 Speaker 3: come and go. They're always in our stable, so to speak. 278 00:16:22,760 --> 00:16:26,440 Speaker 3: But it depends on the message, time of year, gender perhaps, 279 00:16:27,080 --> 00:16:29,720 Speaker 3: or the story that we're looking to tell. But we 280 00:16:29,880 --> 00:16:33,880 Speaker 3: continue to want to build relationships with more influencers so 281 00:16:33,920 --> 00:16:36,040 Speaker 3: that they're all part of a larger Hay Dude community. 282 00:16:36,360 --> 00:16:40,080 Speaker 2: And how do you establish that relationship through an intermediary? 283 00:16:40,160 --> 00:16:42,480 Speaker 2: How do you find these influencers. 284 00:16:42,600 --> 00:16:48,720 Speaker 3: All the above, intermediaries, agencies, personal connections, prior experience, genuine 285 00:16:48,800 --> 00:16:52,160 Speaker 3: fans of the brand, which is again back to authenticity. 286 00:16:52,880 --> 00:16:55,320 Speaker 3: There's a lot of Hay Dude fans out there. There's 287 00:16:55,360 --> 00:16:57,720 Speaker 3: a lot of fans who want to work with Haydude 288 00:16:57,720 --> 00:17:01,120 Speaker 3: and get paid to share their love for Hey Dude. 289 00:17:01,120 --> 00:17:03,240 Speaker 3: And so that's part of it for any brand. So 290 00:17:03,280 --> 00:17:08,400 Speaker 3: it's a real mosaic of different content creators or influencers. 291 00:17:08,760 --> 00:17:11,159 Speaker 3: Some work better than others, and some are of the 292 00:17:11,160 --> 00:17:13,040 Speaker 3: moment and some are more evergreen. 293 00:17:13,280 --> 00:17:16,480 Speaker 2: Okay, so let's assume you have this relationship, you're going 294 00:17:16,600 --> 00:17:21,159 Speaker 2: to pay the influencer. How much direction? How much in 295 00:17:21,240 --> 00:17:23,280 Speaker 2: terms of requirements does hey dude have? 296 00:17:24,160 --> 00:17:27,719 Speaker 3: Yeah, it varies. Also, there's a brief, and you know, 297 00:17:27,760 --> 00:17:30,679 Speaker 3: we want to give content creators the latitude to create. 298 00:17:30,760 --> 00:17:35,520 Speaker 3: Otherwise it's just dictation and that shows. So the content 299 00:17:35,520 --> 00:17:37,879 Speaker 3: creator doesn't want to be dictated to. But there'll be 300 00:17:37,920 --> 00:17:40,520 Speaker 3: brand standards of course, and things that we would not 301 00:17:40,720 --> 00:17:44,119 Speaker 3: want people to say. But we review it and if 302 00:17:44,119 --> 00:17:46,760 Speaker 3: there's something that was just off the mark, we'll ask, 303 00:17:46,960 --> 00:17:49,119 Speaker 3: you know, the content creator to redo it. And that 304 00:17:49,200 --> 00:17:51,679 Speaker 3: happens occasionally, but not too often because the briefs are 305 00:17:51,760 --> 00:17:54,760 Speaker 3: usually tight and we have relationships with people that we 306 00:17:54,880 --> 00:17:59,560 Speaker 3: trust and have vetted and have followers in various numbers, 307 00:17:59,560 --> 00:18:02,640 Speaker 3: some huge uge and some micro and you know we 308 00:18:02,720 --> 00:18:04,000 Speaker 3: ebb and flow with that as well. 309 00:18:04,680 --> 00:18:08,600 Speaker 2: Okay, you talked about humor. What might a brief be? 310 00:18:08,760 --> 00:18:11,280 Speaker 2: Give me an example of a brief in something somebody 311 00:18:11,320 --> 00:18:13,159 Speaker 2: actually created. 312 00:18:13,880 --> 00:18:17,520 Speaker 3: Oh yeah, there's so many things that are just different. 313 00:18:17,680 --> 00:18:17,879 Speaker 2: You know. 314 00:18:18,000 --> 00:18:21,800 Speaker 3: Humor is you know, a different taste for everybody, So 315 00:18:21,920 --> 00:18:23,760 Speaker 3: not every what you think is funny, I don't think 316 00:18:23,840 --> 00:18:28,560 Speaker 3: is funny, and vice versa. So none, no humorous bits 317 00:18:28,680 --> 00:18:31,679 Speaker 3: come to mind directly, but it's all with a you know, 318 00:18:31,680 --> 00:18:34,760 Speaker 3: we're not too serious as a brand. So the things 319 00:18:34,760 --> 00:18:36,679 Speaker 3: that we're doing, like we were just at the waste 320 00:18:36,720 --> 00:18:41,800 Speaker 3: management open in Phoenix this weekend, and lots of content 321 00:18:41,880 --> 00:18:47,480 Speaker 3: that we created on that funny, silly, unexpected content that 322 00:18:47,560 --> 00:18:51,400 Speaker 3: was just unlike anything that maybe is humorous or maybe 323 00:18:51,440 --> 00:18:54,800 Speaker 3: it's just different, but got lots of attention online, including 324 00:18:54,880 --> 00:18:58,080 Speaker 3: articles written about like what was haydu doing at the 325 00:18:58,119 --> 00:19:01,199 Speaker 3: waste management open this weekend? So there's different ways to 326 00:19:01,200 --> 00:19:06,280 Speaker 3: connect with all these guys wearing women wearing green suits, 327 00:19:06,720 --> 00:19:11,199 Speaker 3: body suits that started making what is all that? And 328 00:19:11,240 --> 00:19:13,439 Speaker 3: people commenting like what is all that noise in the 329 00:19:13,480 --> 00:19:17,119 Speaker 3: back of the waste management open with haydude? Or what 330 00:19:17,280 --> 00:19:19,000 Speaker 3: is that even? And so we got a chance to 331 00:19:19,320 --> 00:19:24,680 Speaker 3: inject ourselves somewhere to introduce a upcoming golf Hey dude, 332 00:19:24,840 --> 00:19:29,840 Speaker 3: shoe so with pins and aces, so cool stuff unexpected 333 00:19:30,200 --> 00:19:32,280 Speaker 3: as a way to cut through and introduce a new style. 334 00:19:32,840 --> 00:19:36,360 Speaker 2: Okay, all these golfers have endorsement deals. If you look 335 00:19:36,400 --> 00:19:39,640 Speaker 2: at Beats first, it was let's just get the headphones 336 00:19:39,680 --> 00:19:43,520 Speaker 2: on people's heads. Do you go to the PJA golfers 337 00:19:43,520 --> 00:19:46,080 Speaker 2: to just give peers to everybody, or do you make 338 00:19:46,119 --> 00:19:48,280 Speaker 2: deals with specific people? What's the approach? 339 00:19:48,840 --> 00:19:52,160 Speaker 3: Yeah, well, just we did something that's unlike anything. We 340 00:19:52,200 --> 00:19:56,520 Speaker 3: did not work with golfers specifically and getting shoes on 341 00:19:56,960 --> 00:20:02,840 Speaker 3: multiple professionals. We were really for the fans and getting 342 00:20:03,119 --> 00:20:06,800 Speaker 3: fans at the Waste Management open to experience, Hey dude, 343 00:20:06,960 --> 00:20:10,600 Speaker 3: with an interactive exhibit and doing things that just got attention. 344 00:20:10,720 --> 00:20:15,320 Speaker 3: And everybody's got a camera, bob, so everybody's posting on 345 00:20:15,560 --> 00:20:18,840 Speaker 3: their own socials to evangelize the brand and the way 346 00:20:18,840 --> 00:20:23,520 Speaker 3: that we activated at the Waste Management, but specifically to 347 00:20:23,640 --> 00:20:26,680 Speaker 3: introduce a new pair of golf shoes that are coming 348 00:20:26,680 --> 00:20:27,679 Speaker 3: out later this month. 349 00:20:27,880 --> 00:20:33,399 Speaker 2: Okay, golf shoes, you know, are traditionally firm, so hey dude, 350 00:20:33,600 --> 00:20:35,960 Speaker 2: is making a golf shoe. You're talking about how soft 351 00:20:36,000 --> 00:20:38,280 Speaker 2: they are. They absolutely are soft. 352 00:20:38,320 --> 00:20:40,080 Speaker 3: So one of the ways that you can really maybe 353 00:20:40,359 --> 00:20:43,479 Speaker 3: you know, cut into a couple of strokes off your 354 00:20:43,520 --> 00:20:46,960 Speaker 3: game is being comfortable and lighter. So they certainly grip, 355 00:20:47,280 --> 00:20:50,199 Speaker 3: of course, which is an important part of golf. But 356 00:20:50,280 --> 00:20:52,919 Speaker 3: I don't think we're advocating that we're for the professional 357 00:20:52,960 --> 00:20:56,280 Speaker 3: golfer to win the Masters. We're for that weekend golfer 358 00:20:56,480 --> 00:20:58,880 Speaker 3: who's out with his or her buddies and friends doing 359 00:21:00,119 --> 00:21:05,360 Speaker 3: a couple of birdie juice before or after a birdie, 360 00:21:05,359 --> 00:21:08,359 Speaker 3: and certainly on the nineteenth hole. We're really more a 361 00:21:08,400 --> 00:21:12,280 Speaker 3: fun spirit than a high performance golf shoe. But it's 362 00:21:12,320 --> 00:21:15,919 Speaker 3: something you can wear and probably get a couple of 363 00:21:16,359 --> 00:21:17,720 Speaker 3: more bogies than birdies. 364 00:21:18,240 --> 00:21:21,440 Speaker 2: Okay, what was the projected retail price? 365 00:21:23,840 --> 00:21:26,359 Speaker 3: I can't remember the price of those, but they'll be 366 00:21:26,400 --> 00:21:29,040 Speaker 3: in the similar vein of what hey dudes are, you know, 367 00:21:29,080 --> 00:21:32,639 Speaker 3: in the seventy dollars range and with pins and aces 368 00:21:32,520 --> 00:21:36,359 Speaker 3: as a great partner. So just a fun way to 369 00:21:36,400 --> 00:21:38,040 Speaker 3: further explore the brand. 370 00:21:38,240 --> 00:21:41,280 Speaker 2: Okay, is that something you started or was that started 371 00:21:41,359 --> 00:21:43,720 Speaker 2: before you came to this brand. 372 00:21:45,200 --> 00:21:47,919 Speaker 3: Yeah, it's all part of a more edited assortment of 373 00:21:47,960 --> 00:21:50,520 Speaker 3: who we want to work with and how we come 374 00:21:50,560 --> 00:21:53,840 Speaker 3: to life with different partners, whether they're celebrities or whether 375 00:21:53,920 --> 00:22:01,240 Speaker 3: they're brands or licenses, from SpongeBob SquarePants to Hot Wheels 376 00:22:01,560 --> 00:22:05,679 Speaker 3: to Beetlejuice and on and on and on. Fun ways 377 00:22:05,720 --> 00:22:09,959 Speaker 3: to connect fans of those properties to Hay Dude. And 378 00:22:10,040 --> 00:22:13,120 Speaker 3: so that's something that we've been doing, you know, since 379 00:22:13,119 --> 00:22:15,560 Speaker 3: I was at Crocs the first time around, we were 380 00:22:15,600 --> 00:22:17,960 Speaker 3: doing that and now we want to bring some of 381 00:22:18,000 --> 00:22:19,919 Speaker 3: that to Hey Dude. And the Pins and Asis partners 382 00:22:19,920 --> 00:22:20,600 Speaker 3: have just been great. 383 00:22:21,119 --> 00:22:23,520 Speaker 2: Okay, you come back to Hey Dude. I mean you 384 00:22:23,560 --> 00:22:25,800 Speaker 2: had the Kentucky Fried Chicken, Croc, you had all that 385 00:22:25,920 --> 00:22:30,120 Speaker 2: other stuff. Since you came back to Kroc, what initiatives 386 00:22:30,640 --> 00:22:32,240 Speaker 2: have you started? 387 00:22:32,720 --> 00:22:36,480 Speaker 3: Yeah, so I joined in May May first, and you know, 388 00:22:36,480 --> 00:22:39,440 Speaker 3: you lay out the strategy that I suggested earlier. And 389 00:22:40,359 --> 00:22:42,479 Speaker 3: so one of the first things we did is, you know, 390 00:22:42,640 --> 00:22:44,359 Speaker 3: one of the things I like to do is think 391 00:22:44,400 --> 00:22:49,320 Speaker 3: opposites and a brand named Hey Dude, who is looking 392 00:22:49,359 --> 00:22:55,359 Speaker 3: to appeal to a younger female audience while still you know, energizing. 393 00:22:55,400 --> 00:22:59,240 Speaker 3: Our core is to bring Sidney Sweeney on board is 394 00:22:59,280 --> 00:23:05,199 Speaker 3: our brand and beast hugely popular, is loved by lots 395 00:23:05,240 --> 00:23:10,719 Speaker 3: of people as an international, internationally known young woman, and 396 00:23:10,760 --> 00:23:13,879 Speaker 3: it's just cool. She's smart, talented, but also just cool. 397 00:23:14,440 --> 00:23:16,760 Speaker 3: And so that was one of the first moves that 398 00:23:16,760 --> 00:23:17,920 Speaker 3: we made since I returned. 399 00:23:18,480 --> 00:23:20,879 Speaker 2: Let's stop with Sydney Sweeney. You're sitting in the office, 400 00:23:20,880 --> 00:23:24,000 Speaker 2: you're brainstorming, and you say, Sydney Sweeney will be a 401 00:23:24,080 --> 00:23:27,520 Speaker 2: good idea, you go through the channels, you know, what 402 00:23:27,640 --> 00:23:30,560 Speaker 2: kind of reaction do you get? You know, the odds 403 00:23:30,560 --> 00:23:34,240 Speaker 2: of her actually wearing Hay Dudes are not high. What's 404 00:23:34,240 --> 00:23:38,120 Speaker 2: the incentive for her? There's always a monetary incentive. How 405 00:23:38,160 --> 00:23:41,360 Speaker 2: do you convince her this is good for her? Well? 406 00:23:41,400 --> 00:23:45,159 Speaker 3: I think she recognized certainly where Sydney is from. I 407 00:23:45,160 --> 00:23:48,800 Speaker 3: think herself and lots of her friends and family are 408 00:23:48,800 --> 00:23:52,080 Speaker 3: Hey Dude fans. She's from up a certain neck of 409 00:23:52,080 --> 00:23:57,040 Speaker 3: the woods, Idaho, Washington that way, where Hey Dudes are 410 00:23:57,200 --> 00:24:00,480 Speaker 3: enormously popular. So she had an affinity for our brand. 411 00:24:01,359 --> 00:24:04,679 Speaker 3: And because we're unlike anything, she could showcase a different 412 00:24:04,840 --> 00:24:08,760 Speaker 3: side of herself, which really appealed to us as a brand. 413 00:24:08,760 --> 00:24:11,480 Speaker 3: It doesn't take herself too seriously. You know, she's known 414 00:24:11,560 --> 00:24:15,320 Speaker 3: for being an elegant, beautiful woman and you know, oscar 415 00:24:15,400 --> 00:24:18,119 Speaker 3: parties and all that kind of Hollywood showbiz. But she 416 00:24:18,200 --> 00:24:21,400 Speaker 3: has a different side of her and this allowed her 417 00:24:21,440 --> 00:24:24,280 Speaker 3: to showcase that in a really casual way. And I 418 00:24:24,320 --> 00:24:26,440 Speaker 3: think that's what attracted her to Hey Dude, and. 419 00:24:26,359 --> 00:24:29,800 Speaker 2: Certainly what attracted Hey Dude to us to her. Okay, 420 00:24:30,320 --> 00:24:34,200 Speaker 2: so she's in what did you do with her? Oh? 421 00:24:34,240 --> 00:24:37,280 Speaker 3: So she's in. So we started by just an introductory 422 00:24:37,359 --> 00:24:40,080 Speaker 3: video of this is Sidney Sweeney on a rope swing 423 00:24:40,920 --> 00:24:43,119 Speaker 3: jumping into a lake. You know, just talk about how 424 00:24:43,160 --> 00:24:47,040 Speaker 3: casual and unaffected she was by this, and then we 425 00:24:47,040 --> 00:24:50,280 Speaker 3: put her in a new style, a fuzz lined slipper 426 00:24:50,400 --> 00:24:55,800 Speaker 3: from Hey Dude Gone, couldn't keep him in stock And 427 00:24:55,960 --> 00:24:58,920 Speaker 3: in just a couple of weeks, she's a huge part 428 00:24:59,000 --> 00:25:02,760 Speaker 3: of our Spring twenty twenty five work that will be 429 00:25:02,840 --> 00:25:05,639 Speaker 3: unveiling shortly and has a you know, helped craft it 430 00:25:06,280 --> 00:25:11,080 Speaker 3: and it was a hugely important but involved partner to 431 00:25:11,320 --> 00:25:13,440 Speaker 3: create what we're going to unveil in just a few 432 00:25:13,480 --> 00:25:17,880 Speaker 3: short weeks to again make people think differently about Hey 433 00:25:17,960 --> 00:25:20,760 Speaker 3: Dude as a shoe that's not just for him, but 434 00:25:20,920 --> 00:25:24,439 Speaker 3: is for her and is for multiple wearing occasions. And 435 00:25:24,480 --> 00:25:28,600 Speaker 3: Sidney just does it in a really cool and Sidney 436 00:25:28,800 --> 00:25:31,440 Speaker 3: like way that she has this magical ability to pull 437 00:25:31,480 --> 00:25:34,959 Speaker 3: off this elegance that she has, but also this just 438 00:25:35,400 --> 00:25:39,120 Speaker 3: girl next door kind of give somebody the business kind 439 00:25:39,160 --> 00:25:39,440 Speaker 3: of way. 440 00:25:40,040 --> 00:25:44,680 Speaker 2: And so how many videos do you make with Sydney? Yeah, 441 00:25:45,240 --> 00:25:45,920 Speaker 2: you know, a lot. 442 00:25:46,200 --> 00:25:49,680 Speaker 3: We do a lot of things to cut through not 443 00:25:49,760 --> 00:25:52,200 Speaker 3: just a sense of humor and unlike anything, but also 444 00:25:52,560 --> 00:25:55,000 Speaker 3: our own sense of fashion and style for the brand 445 00:25:55,040 --> 00:25:59,240 Speaker 3: that you know, she's wearing it in that way as well. 446 00:25:59,320 --> 00:26:01,720 Speaker 3: So lots of different things, because as I said earlier, 447 00:26:02,280 --> 00:26:05,440 Speaker 3: the attention span of people is so short. We only 448 00:26:05,520 --> 00:26:10,040 Speaker 3: need a few seconds of video of Sydney and lots 449 00:26:10,080 --> 00:26:12,919 Speaker 3: of different few seconds of Sydney to have people see it. 450 00:26:13,240 --> 00:26:16,439 Speaker 3: And people are moving. You know that your thumb is 451 00:26:16,480 --> 00:26:19,360 Speaker 3: always moving on your screen, scrolling up, left, right, wherever, 452 00:26:19,800 --> 00:26:21,720 Speaker 3: and so once you see it, you stop and you 453 00:26:21,800 --> 00:26:23,879 Speaker 3: got the message and you keep scrolling. But we got you, 454 00:26:24,320 --> 00:26:28,160 Speaker 3: and Sydney makes you stop on your screen because of 455 00:26:28,359 --> 00:26:31,040 Speaker 3: who she is. So we're just thrilled by that and 456 00:26:31,760 --> 00:26:33,480 Speaker 3: we're excited to roll it out in just a couple 457 00:26:33,480 --> 00:26:34,159 Speaker 3: of short weeks. 458 00:26:34,400 --> 00:26:41,040 Speaker 2: Okay, so we're talking about social media platforms. You have 459 00:26:41,160 --> 00:26:45,760 Speaker 2: this deal with Sydney Sweeney. She's engaged. You do anything traditional, 460 00:26:46,520 --> 00:26:49,280 Speaker 2: whint TV, anything or those. 461 00:26:49,160 --> 00:26:53,160 Speaker 3: Just off the table. Nothing is off the table. We're 462 00:26:53,200 --> 00:26:56,120 Speaker 3: not doing those with Sidney Sweeney. We have done Connected 463 00:26:56,160 --> 00:26:59,760 Speaker 3: TV with Hey Dude since I've been at Hey Dude, 464 00:27:00,080 --> 00:27:02,280 Speaker 3: which is really when you're you know, when you're logging 465 00:27:02,320 --> 00:27:05,240 Speaker 3: onto Amazon Prime there's a spot there, a hey dude 466 00:27:05,280 --> 00:27:08,879 Speaker 3: spot there, and so we've been doing those things. It's television, 467 00:27:08,880 --> 00:27:11,480 Speaker 3: but it's not television. Like perhaps we grew up knowing 468 00:27:12,600 --> 00:27:16,040 Speaker 3: we're not doing any print today. But we do have 469 00:27:16,080 --> 00:27:19,800 Speaker 3: conversations about a little bit more analog. That really came 470 00:27:19,880 --> 00:27:23,320 Speaker 3: up with the you know, the TikTok shutdown that was 471 00:27:23,880 --> 00:27:27,240 Speaker 3: rumored and happened for a hot second, and maybe the 472 00:27:27,320 --> 00:27:31,320 Speaker 3: move to analog is a you know, thinking opposites again, Bob, like, 473 00:27:31,480 --> 00:27:33,919 Speaker 3: is there some things that we should be doing to 474 00:27:34,040 --> 00:27:36,240 Speaker 3: connect with consumers who are not going to have this 475 00:27:36,320 --> 00:27:39,560 Speaker 3: major platform. So all things are on the table. Of course, 476 00:27:39,600 --> 00:27:43,560 Speaker 3: our website, SMS where we text message consumers about things 477 00:27:43,560 --> 00:27:48,399 Speaker 3: that they opt into. No radio, but the variety of 478 00:27:48,440 --> 00:27:51,919 Speaker 3: social media that we do, and then experiential you know, 479 00:27:52,000 --> 00:27:54,879 Speaker 3: part of this trick for any footwear companies to get 480 00:27:54,960 --> 00:27:58,440 Speaker 3: shoes on feet. So whether it's the Houston Rodeo coming 481 00:27:58,480 --> 00:28:01,439 Speaker 3: up in a couple of weeks or Stagecoach where we'll be, 482 00:28:02,000 --> 00:28:07,359 Speaker 3: or the waste management open places like that, we have 483 00:28:07,560 --> 00:28:11,440 Speaker 3: huge activations to get our fans who always come by 484 00:28:11,720 --> 00:28:14,240 Speaker 3: I love Hey dude, I've got five pairs or new 485 00:28:14,280 --> 00:28:16,879 Speaker 3: folks to the party and say I've heard about it 486 00:28:17,000 --> 00:28:19,200 Speaker 3: or I've never tried them on, and then we watched 487 00:28:19,240 --> 00:28:23,280 Speaker 3: their face when they try them on, and away we go. 488 00:28:23,480 --> 00:28:26,720 Speaker 3: I did a little event in Marshfield, Massachusetts. Hey Dude 489 00:28:26,760 --> 00:28:30,200 Speaker 3: is based outside of Boston, and there's this cool little 490 00:28:30,200 --> 00:28:35,000 Speaker 3: event called Flannel Jam every fall. It's at the Marshfield Fairgrounds, 491 00:28:35,480 --> 00:28:37,280 Speaker 3: And so I went on a Saturday with the team, 492 00:28:38,000 --> 00:28:40,800 Speaker 3: and you know, we sold like five thousand dollars worth 493 00:28:40,800 --> 00:28:43,240 Speaker 3: of hay Dudes in just a couple of hours out 494 00:28:43,280 --> 00:28:47,080 Speaker 3: of a makeshift van, and you know, spending that Saturday 495 00:28:47,680 --> 00:28:50,200 Speaker 3: listen to all these jam bands doing some great stuff. 496 00:28:51,760 --> 00:28:53,720 Speaker 3: The amount of people that were coming up to me 497 00:28:53,960 --> 00:28:57,080 Speaker 3: that I love hay Dude, and the amount of people 498 00:28:57,080 --> 00:29:00,000 Speaker 3: I saw wearing hay Dude that walked into the fairgrounds 499 00:29:00,080 --> 00:29:03,280 Speaker 3: with them. So it's just a real exciting experience for 500 00:29:03,400 --> 00:29:05,480 Speaker 3: me and showed the connection that we've got the folks 501 00:29:05,520 --> 00:29:07,719 Speaker 3: that we've just got to continue to build this Hey 502 00:29:07,800 --> 00:29:09,160 Speaker 3: Dude community and that's what we're after. 503 00:29:09,880 --> 00:29:15,600 Speaker 2: So when it comes to online, there's TikTok, there's x 504 00:29:15,640 --> 00:29:19,880 Speaker 2: slash Twitter, there's Instagram reels, there's regular Instagram with photos 505 00:29:19,880 --> 00:29:25,520 Speaker 2: there's Facebook, what works and where are you? 506 00:29:25,560 --> 00:29:28,400 Speaker 3: They all can work. TikTok is certainly our leader in 507 00:29:28,440 --> 00:29:32,160 Speaker 3: the clubhouse because it's the fastest and it allows us 508 00:29:32,200 --> 00:29:36,000 Speaker 3: to reach the most people. Our fan base has tripled 509 00:29:36,040 --> 00:29:39,120 Speaker 3: since I've been at the brand on TikTok. But of 510 00:29:39,120 --> 00:29:42,280 Speaker 3: course Facebook and Instagram and Instagram reels are a huge 511 00:29:42,360 --> 00:29:46,680 Speaker 3: part of what we're up to. Twitter, where we have 512 00:29:46,720 --> 00:29:49,400 Speaker 3: an account or x, we are not active on it. 513 00:29:50,280 --> 00:29:52,600 Speaker 3: We just don't find that to be a productive use 514 00:29:52,640 --> 00:29:56,320 Speaker 3: of our time. It's a different platform for a brand 515 00:29:56,360 --> 00:29:58,600 Speaker 3: like ours. Others do it well, but we're just not 516 00:29:58,760 --> 00:30:03,560 Speaker 3: unlocking that. We want people to explore us through those sites. 517 00:30:11,040 --> 00:30:13,800 Speaker 2: Okay, how let me put your marketing hat on. We're 518 00:30:13,800 --> 00:30:18,560 Speaker 2: in a political era where the Democrats are beaten to 519 00:30:18,640 --> 00:30:23,360 Speaker 2: the ground. The Republicans are dominating both in social discourse 520 00:30:23,600 --> 00:30:27,560 Speaker 2: and power. One of the things about the last election was, oh, 521 00:30:27,640 --> 00:30:32,080 Speaker 2: the Republicans were on podcasts, they were here that in 522 00:30:32,200 --> 00:30:36,200 Speaker 2: terms of it's mostly baby boomer some gen xers. What 523 00:30:36,240 --> 00:30:39,239 Speaker 2: do they not know and should know about how you 524 00:30:39,280 --> 00:30:42,400 Speaker 2: reach customers today? Because we speak about the Democratic Party, 525 00:30:42,480 --> 00:30:46,120 Speaker 2: they didn't And you live in this territory twenty four 526 00:30:46,120 --> 00:30:49,400 Speaker 2: to seven. So if you were advising them, it doesn't 527 00:30:49,440 --> 00:30:51,560 Speaker 2: necessarily have to be the Democrats. How do you get 528 00:30:51,600 --> 00:30:52,680 Speaker 2: your message out? 529 00:30:53,720 --> 00:30:56,800 Speaker 3: Yeah, I think seems like the Democrats have a more 530 00:30:56,840 --> 00:30:59,520 Speaker 3: popular message, but the way they say it or share 531 00:30:59,560 --> 00:31:02,760 Speaker 3: it just does not come across as authentic as the 532 00:31:02,760 --> 00:31:05,720 Speaker 3: guy that won. Say what you want about the President 533 00:31:05,760 --> 00:31:07,920 Speaker 3: of the United States, and certainly there's been plenty written 534 00:31:07,960 --> 00:31:11,120 Speaker 3: about him, but he just says seemingly what it's on 535 00:31:11,200 --> 00:31:15,240 Speaker 3: his mind, without a filter, and that seems to connect. 536 00:31:16,200 --> 00:31:18,000 Speaker 3: If you measure by the fact that he won the election, 537 00:31:18,400 --> 00:31:22,000 Speaker 3: that would say he connected. And I don't get the 538 00:31:22,040 --> 00:31:26,640 Speaker 3: sense that the left does that to the same degree. 539 00:31:26,640 --> 00:31:30,880 Speaker 3: It just feels more calculated, and Trump just comes across 540 00:31:31,000 --> 00:31:34,560 Speaker 3: as real, which is how we started this discussion. Brands 541 00:31:34,800 --> 00:31:37,760 Speaker 3: or politicians or anyone who just comes across as real, 542 00:31:39,440 --> 00:31:41,720 Speaker 3: I think just has a better shot at success. 543 00:31:43,400 --> 00:31:46,120 Speaker 2: Well that's half of it, and that's really important. But 544 00:31:46,280 --> 00:31:49,960 Speaker 2: in terms of you know, the ratings for cable television, 545 00:31:50,000 --> 00:31:52,320 Speaker 2: you know they don't have even a million people watching. 546 00:31:53,400 --> 00:31:57,440 Speaker 2: So has there been a complete shift of the customer 547 00:31:57,800 --> 00:32:04,160 Speaker 2: to social media too, alternative outlets? And many people don't 548 00:32:04,200 --> 00:32:07,560 Speaker 2: realize this. In the so called establishment or is it 549 00:32:07,680 --> 00:32:10,480 Speaker 2: more well, something works here and something works there. 550 00:32:11,240 --> 00:32:14,040 Speaker 3: No, it's the it's the former. Like there, listen, I'm 551 00:32:14,080 --> 00:32:21,560 Speaker 3: a gen xer. I'm astounded by my own adoption of 552 00:32:21,720 --> 00:32:24,080 Speaker 3: social media. I'll give you an example. You know, I 553 00:32:24,120 --> 00:32:26,400 Speaker 3: travel a lot in my role, and you know, one 554 00:32:26,440 --> 00:32:29,000 Speaker 3: of the joys of travel in a weird way used 555 00:32:29,040 --> 00:32:32,200 Speaker 3: to be you throw it. You check into your hotel room, 556 00:32:32,280 --> 00:32:34,080 Speaker 3: you throw your bag on the ground right, and you 557 00:32:34,160 --> 00:32:38,480 Speaker 3: turn the television on. I can't remember the last time 558 00:32:38,520 --> 00:32:42,360 Speaker 3: I turned the television on in a hotel room. I 559 00:32:42,400 --> 00:32:46,200 Speaker 3: have an iPad and for the brief time I have 560 00:32:46,280 --> 00:32:48,240 Speaker 3: I sit in the chair in the corner of the 561 00:32:48,320 --> 00:32:50,720 Speaker 3: hotel room or on the bed, and I scroll social 562 00:32:50,760 --> 00:32:55,320 Speaker 3: media a variety of things. Twitter to get my news, TikTok, 563 00:32:55,360 --> 00:33:00,600 Speaker 3: to be informed or entertained, or to laugh, to get 564 00:33:01,240 --> 00:33:03,120 Speaker 3: dining tips in the city that I might be in. 565 00:33:03,560 --> 00:33:05,560 Speaker 3: This looks like a cool spot. I don't turn the 566 00:33:05,600 --> 00:33:08,880 Speaker 3: television on unless there's a sporting event, and even that 567 00:33:09,000 --> 00:33:11,120 Speaker 3: I can do on YouTube TV on my iPad. It's 568 00:33:11,120 --> 00:33:14,360 Speaker 3: not as big as screen. But so I'm astounded of 569 00:33:14,400 --> 00:33:18,200 Speaker 3: my own personal adoption as a gen xer. So you know, 570 00:33:18,320 --> 00:33:22,920 Speaker 3: my daughters are digitally native, so if that kind of 571 00:33:22,960 --> 00:33:26,760 Speaker 3: switch happens to me, I mean just folks and kids 572 00:33:26,800 --> 00:33:29,480 Speaker 3: that are born into this which is now a whole generation. 573 00:33:30,840 --> 00:33:34,040 Speaker 3: They don't consume anything the way we did, which is 574 00:33:34,040 --> 00:33:37,040 Speaker 3: why brands like Hey Dude and Stanley before that are 575 00:33:37,080 --> 00:33:41,960 Speaker 3: looking to connect where they are and that's where they are. 576 00:33:42,720 --> 00:33:46,720 Speaker 2: Okay, you're a gen x er when you were out socially, 577 00:33:46,800 --> 00:33:50,200 Speaker 2: when you're not working and you start talking about this, 578 00:33:50,720 --> 00:33:54,040 Speaker 2: do you find the other people of your generation or 579 00:33:54,120 --> 00:33:57,680 Speaker 2: the people that you interact with are saying, yeah, yeah, 580 00:33:57,680 --> 00:34:00,640 Speaker 2: I saw that too, Or are they saying, oh, that's crap, 581 00:34:00,720 --> 00:34:04,720 Speaker 2: I'm not Are you one an outlier or are you 582 00:34:04,840 --> 00:34:07,080 Speaker 2: finding that many people are doing what you're doing. 583 00:34:08,080 --> 00:34:10,960 Speaker 3: I don't know that I'm an outlier, but I'm in 584 00:34:11,000 --> 00:34:14,000 Speaker 3: the minority for sure. For a gen xer, you know, 585 00:34:14,080 --> 00:34:18,600 Speaker 3: there's always the there's the misperception that TikTok is just 586 00:34:18,640 --> 00:34:22,480 Speaker 3: a bunch of young girls dancing, and I know those 587 00:34:23,000 --> 00:34:25,239 Speaker 3: folks come across my for you page every once in 588 00:34:25,239 --> 00:34:29,919 Speaker 3: a while, But I'm looking for like where's the best 589 00:34:29,920 --> 00:34:33,839 Speaker 3: pub in London? And there's lots of answers. I live 590 00:34:33,880 --> 00:34:37,560 Speaker 3: in Boston, and so somehow I'm my for you page, 591 00:34:37,600 --> 00:34:40,520 Speaker 3: the algorithm or my geography. Some guy in a blue 592 00:34:40,560 --> 00:34:43,600 Speaker 3: hat at Emmett's Pub in Boston never been there before. 593 00:34:43,600 --> 00:34:46,280 Speaker 3: It turns out it's around the corner, and this guy's 594 00:34:46,280 --> 00:34:48,560 Speaker 3: alleging it has the best poor of guinness in all 595 00:34:48,600 --> 00:34:51,800 Speaker 3: of Boston. If it wasn't for TikTok, I wouldn't have known. 596 00:34:52,000 --> 00:34:55,960 Speaker 3: It is a five minute walk from my apartment, and 597 00:34:56,640 --> 00:35:00,080 Speaker 3: that is I mean, that's elixir of life. To know 598 00:35:00,200 --> 00:35:03,200 Speaker 3: that there's people out there and these places exist. I 599 00:35:03,400 --> 00:35:08,919 Speaker 3: never would have seen that on television, And Wow, how 600 00:35:08,920 --> 00:35:12,480 Speaker 3: exciting is this? And so I think I'm the outlier 601 00:35:12,480 --> 00:35:14,200 Speaker 3: because people just think it's a waste of time. And 602 00:35:14,239 --> 00:35:16,840 Speaker 3: I know, as so do millions of people, that it's where. 603 00:35:17,440 --> 00:35:20,080 Speaker 3: It's the town square, and that's where you can learn 604 00:35:20,280 --> 00:35:25,480 Speaker 3: so many cool things, fun things, interesting things. It's just 605 00:35:25,520 --> 00:35:28,680 Speaker 3: an incredible thing. I've watched more videos about airplane turbulence 606 00:35:28,760 --> 00:35:31,680 Speaker 3: because I'm so scared of turbulence when I'm flying that 607 00:35:31,760 --> 00:35:34,200 Speaker 3: I feel better now because I hear all these pilots 608 00:35:34,200 --> 00:35:36,160 Speaker 3: telling me not to worry. And now I'm not going 609 00:35:36,200 --> 00:35:38,920 Speaker 3: to see that on CNN or MTV or ESPN or 610 00:35:38,960 --> 00:35:44,000 Speaker 3: just so man, it's so cool to be alive right now, 611 00:35:44,440 --> 00:35:46,399 Speaker 3: to have all this at your fingertips. Which is why 612 00:35:46,400 --> 00:35:48,319 Speaker 3: I don't turn a television on an hotel because I'm 613 00:35:48,360 --> 00:35:50,400 Speaker 3: not gonna feel better about turbulence. 614 00:35:51,320 --> 00:35:55,919 Speaker 2: Okay, did you say this is my job? I need 615 00:35:55,960 --> 00:35:59,080 Speaker 2: to know more about social media? This is a project? 616 00:35:59,200 --> 00:36:00,520 Speaker 2: Or how did you get started? 617 00:36:01,400 --> 00:36:06,960 Speaker 3: Oh, I'm insatiably curious. Yeah, I want to know. I 618 00:36:07,000 --> 00:36:10,400 Speaker 3: want to know what's around the corner. Personally, professionally. That 619 00:36:10,840 --> 00:36:14,279 Speaker 3: is my life. I have an insatiable curiosity and an 620 00:36:14,360 --> 00:36:20,920 Speaker 3: unmistakable sense of what's possible personally, professionally. So listen to 621 00:36:20,920 --> 00:36:24,120 Speaker 3: when I was a kid, Bob. I'll never forget this. 622 00:36:24,120 --> 00:36:27,439 Speaker 3: This is a real analogue, and viewers of a certain 623 00:36:27,520 --> 00:36:30,960 Speaker 3: listeners of a certain age will get this. When I 624 00:36:31,040 --> 00:36:34,320 Speaker 3: was thirteen years old, I was fortunate enough my parents 625 00:36:34,360 --> 00:36:38,719 Speaker 3: took my brother and I to Bermuda, which you know Bermuda, 626 00:36:39,000 --> 00:36:43,560 Speaker 3: you know this is unheard of, and we stayed at 627 00:36:43,560 --> 00:36:45,960 Speaker 3: the Southampton Princess. I don't know if it's still there, 628 00:36:45,960 --> 00:36:51,440 Speaker 3: It doesn't matter. I was more interested in the Reuter's 629 00:36:51,960 --> 00:36:55,719 Speaker 3: ticker behind the front desk of the hotel than I 630 00:36:55,840 --> 00:37:00,000 Speaker 3: was about going to the pool. I couldn't believe something 631 00:37:00,160 --> 00:37:03,360 Speaker 3: like this existed, that I was getting all sorts of 632 00:37:03,440 --> 00:37:07,759 Speaker 3: information in real time. Yeah, I'll never forget it. I 633 00:37:07,800 --> 00:37:10,399 Speaker 3: can still see it through my mind's eye. I grew 634 00:37:10,440 --> 00:37:12,759 Speaker 3: up in northern New Jersey, so I used to fall 635 00:37:12,800 --> 00:37:17,440 Speaker 3: asleep to news radio eighty eight just also to get 636 00:37:17,480 --> 00:37:20,160 Speaker 3: you know, there's always sports on the eights. So before 637 00:37:20,160 --> 00:37:23,000 Speaker 3: the Internet, you couldn't get you know, it was Warner 638 00:37:23,040 --> 00:37:26,400 Speaker 3: Wolf CBS at six thirty, and that's how you got 639 00:37:26,440 --> 00:37:30,600 Speaker 3: your sports or you called sports phone, you know, get 640 00:37:30,640 --> 00:37:33,359 Speaker 3: all the sports news instantly, dial nine seven six one 641 00:37:33,480 --> 00:37:37,840 Speaker 3: three one three. So like, these things are just this 642 00:37:37,920 --> 00:37:40,040 Speaker 3: is just an extension of how I've been all of 643 00:37:40,080 --> 00:37:44,160 Speaker 3: my life, and the fact that this all exists astounds me. 644 00:37:45,200 --> 00:37:52,640 Speaker 3: So what is coming around the corner? AI? AI for 645 00:37:52,719 --> 00:37:53,680 Speaker 3: good and for bad? 646 00:37:54,000 --> 00:37:57,200 Speaker 2: Yeah, it's okay, I'm interested in this. That's certainly the 647 00:37:57,280 --> 00:38:01,319 Speaker 2: popular topic. Tell me what's coming around the corner and 648 00:38:01,360 --> 00:38:03,400 Speaker 2: how it's going to affect both your business and the 649 00:38:03,440 --> 00:38:04,280 Speaker 2: average citizen. 650 00:38:05,239 --> 00:38:07,720 Speaker 3: Yeah. Well, it's certainly going to allow us to tell 651 00:38:08,120 --> 00:38:13,320 Speaker 3: incredible messages to people fast and in ways that inspire 652 00:38:13,560 --> 00:38:18,719 Speaker 3: and interrupt. It's happening right now and it's still in 653 00:38:18,760 --> 00:38:23,640 Speaker 3: its infancy. The ways that we can communicate, the ways 654 00:38:23,640 --> 00:38:26,920 Speaker 3: we can interview and hire as an employer. It's all 655 00:38:27,360 --> 00:38:31,640 Speaker 3: just a few short years away from major shifts. But 656 00:38:31,680 --> 00:38:34,799 Speaker 3: from a marketing perspective and a brand building perspective, the 657 00:38:34,880 --> 00:38:40,800 Speaker 3: opportunity and the danger you have is quite a responsibility 658 00:38:40,840 --> 00:38:43,920 Speaker 3: to do it right. You know, I was an astounded, 659 00:38:44,040 --> 00:38:46,200 Speaker 3: you know last week that the Beatles want a Grammy 660 00:38:47,000 --> 00:38:52,600 Speaker 3: in twenty twenty five using AI and what does that mean? 661 00:38:53,160 --> 00:38:55,239 Speaker 3: You know, the Beatles is kind of a benchmark of 662 00:38:55,320 --> 00:38:58,440 Speaker 3: so many things for so many people. Well, did that 663 00:38:58,520 --> 00:39:01,880 Speaker 3: open the floodgates for it? Was almost a stamp of 664 00:39:01,920 --> 00:39:06,680 Speaker 3: approval or was it something different or more? Really perplexed 665 00:39:06,719 --> 00:39:10,399 Speaker 3: by that question and the outcome of that, but also 666 00:39:10,440 --> 00:39:13,840 Speaker 3: thrilling in a way that that kind of thing can occur. 667 00:39:15,320 --> 00:39:19,080 Speaker 3: So it's a really amazing thing that you know, we're 668 00:39:19,080 --> 00:39:21,160 Speaker 3: doing at hey dude, and doing it in small birds, 669 00:39:21,200 --> 00:39:25,160 Speaker 3: mostly on the creative side. But we're going to see 670 00:39:25,160 --> 00:39:28,040 Speaker 3: how that continues to evolve. But that's certainly a major 671 00:39:28,080 --> 00:39:28,920 Speaker 3: thing of what's next. 672 00:39:29,360 --> 00:39:31,600 Speaker 2: So how are you using it on the creative side? 673 00:39:33,440 --> 00:39:39,040 Speaker 3: Just to certainly fine tune photo shoots. And we recently 674 00:39:39,080 --> 00:39:43,560 Speaker 3: did a partnership, one of our collaborations with the brand Ferbie, 675 00:39:43,719 --> 00:39:46,840 Speaker 3: you know, those acute little characters a fuzz line Ferbie 676 00:39:46,880 --> 00:39:49,919 Speaker 3: shoe and our entire ad, if you call it ad, 677 00:39:49,920 --> 00:39:52,359 Speaker 3: the experience and the way we communicated that was all 678 00:39:52,400 --> 00:39:56,319 Speaker 3: through AI. And there's you know, pundits that we're calling 679 00:39:56,400 --> 00:39:58,480 Speaker 3: it the ad of the week just two or three 680 00:39:58,480 --> 00:40:02,600 Speaker 3: weeks ago because it breaks through and it's a really 681 00:40:02,600 --> 00:40:04,880 Speaker 3: interesting and how we did it was really innovative, and 682 00:40:04,880 --> 00:40:08,520 Speaker 3: it makes you stop your thumb scrolling, and that's part 683 00:40:08,520 --> 00:40:11,600 Speaker 3: of the game. And so there's other things dangerously going around, 684 00:40:11,640 --> 00:40:16,359 Speaker 3: just you know, when we're recording this of celebrities being 685 00:40:16,400 --> 00:40:19,440 Speaker 3: misinterpreted with AI about Kanye West, and I'm sure you've 686 00:40:19,480 --> 00:40:24,560 Speaker 3: seen today that's really really scary and terrible. And how 687 00:40:24,600 --> 00:40:28,320 Speaker 3: we put you know, guardrails around that I don't pretend 688 00:40:28,360 --> 00:40:30,000 Speaker 3: to know, but we're going to have to figure that out. 689 00:40:31,200 --> 00:40:33,120 Speaker 2: Okay, anything else you could say that it's around the 690 00:40:33,160 --> 00:40:34,480 Speaker 2: corner besides AI. 691 00:40:35,520 --> 00:40:37,360 Speaker 3: Yeah, it's the thing that comes to mind, you know, 692 00:40:37,600 --> 00:40:42,000 Speaker 3: most importantly, I think faster Ways to get you product 693 00:40:42,719 --> 00:40:45,240 Speaker 3: is also around the corner. Of course, you know Amazon, 694 00:40:46,200 --> 00:40:48,799 Speaker 3: you know you see these drone deliveries, which sounds you know, 695 00:40:48,880 --> 00:40:53,920 Speaker 3: out of science fiction, but that's you know, that's coming. 696 00:40:54,480 --> 00:40:56,759 Speaker 3: So it's just a matter of how interruptive it is 697 00:40:56,880 --> 00:40:59,600 Speaker 3: or how distracting or annoying it is, and a level 698 00:40:59,640 --> 00:41:04,239 Speaker 3: of that that society is going to accept. But that's 699 00:41:04,280 --> 00:41:08,160 Speaker 3: certainly people want things faster, they want it now, and 700 00:41:08,239 --> 00:41:10,480 Speaker 3: if a drone or something can fly it to you, 701 00:41:10,960 --> 00:41:13,880 Speaker 3: people are going to want that. And it's just a 702 00:41:13,880 --> 00:41:18,160 Speaker 3: matter of how is it that also relegated regulated, and 703 00:41:18,960 --> 00:41:23,000 Speaker 3: how's the experience not you know, an effrontery to people 704 00:41:23,000 --> 00:41:24,800 Speaker 3: who are not ordering things. That's the trick. 705 00:41:25,360 --> 00:41:31,239 Speaker 2: Okay, you talked originally about fast and young females. Are 706 00:41:31,280 --> 00:41:34,759 Speaker 2: you saying you want to activate young females because you 707 00:41:34,880 --> 00:41:38,000 Speaker 2: have a fashion product or can you say across the 708 00:41:38,080 --> 00:41:40,879 Speaker 2: board they are the most active and reactive. 709 00:41:41,600 --> 00:41:45,960 Speaker 3: Yeah, great, great point all the above. So, as I 710 00:41:46,000 --> 00:41:48,799 Speaker 3: think I said earlier, you know, youth culture drives culture, right, 711 00:41:49,120 --> 00:41:53,560 Speaker 3: but more than ever before, youth female culture drives culture. 712 00:41:54,840 --> 00:41:57,879 Speaker 3: Women more than ever before, you know, are traveling and 713 00:41:58,520 --> 00:42:04,239 Speaker 3: going out in packs. Women typically are bigger fans of 714 00:42:04,239 --> 00:42:09,600 Speaker 3: footwear than guys, they have a bigger community. In addition 715 00:42:09,640 --> 00:42:12,480 Speaker 3: to the type group that they have, they also have 716 00:42:12,640 --> 00:42:16,160 Speaker 3: larger communities and they like to share what they love 717 00:42:16,760 --> 00:42:20,440 Speaker 3: and that influences their friends or their peer groups, and 718 00:42:20,480 --> 00:42:24,359 Speaker 3: so all of those things lead us to that's where 719 00:42:24,480 --> 00:42:27,359 Speaker 3: culture is. And if more women can fall in love 720 00:42:27,400 --> 00:42:30,919 Speaker 3: with a funny little brand with a funny little name, 721 00:42:32,800 --> 00:42:35,319 Speaker 3: there's a there's a great opportunity there to reach more 722 00:42:35,360 --> 00:42:38,920 Speaker 3: people because, as I learned from you know, my last place, 723 00:42:40,200 --> 00:42:44,600 Speaker 3: people want what's cool, and they want what's cool in America. 724 00:42:45,320 --> 00:42:48,840 Speaker 3: Around the world, people want what's cool in America, and women, 725 00:42:49,239 --> 00:42:52,520 Speaker 3: young women are letting the world know what's cool in America. 726 00:42:54,760 --> 00:43:00,120 Speaker 2: Okay, Hey Dude has a male connotation. Is that a 727 00:43:00,440 --> 00:43:03,000 Speaker 2: point of friction or you think about changing the name 728 00:43:03,040 --> 00:43:03,640 Speaker 2: at some point? 729 00:43:04,239 --> 00:43:07,360 Speaker 3: No, not at all. It's not a neither. That is 730 00:43:07,400 --> 00:43:10,120 Speaker 3: our name. It's a funny little name. But you know, 731 00:43:10,280 --> 00:43:15,680 Speaker 3: forty percent of our businesses female consumers already, so there's 732 00:43:15,760 --> 00:43:21,319 Speaker 3: no no worries there. We just need to showcase more 733 00:43:21,600 --> 00:43:28,200 Speaker 3: female focused styles, certainly showcase more ways to wear Hey 734 00:43:28,280 --> 00:43:31,480 Speaker 3: Dude for young women, and that's part of the what 735 00:43:31,480 --> 00:43:33,480 Speaker 3: we're up to as well. Part of the Sydney Sweeney 736 00:43:33,520 --> 00:43:37,200 Speaker 3: work and all those other things, but not not an 737 00:43:37,239 --> 00:43:40,439 Speaker 3: impediment at all. In fact, you know, women call each 738 00:43:40,480 --> 00:43:43,919 Speaker 3: other bro dude. You know one of the top two 739 00:43:44,080 --> 00:43:48,719 Speaker 3: three podcasts is Alex Cooper's Call Me Daddy. Right, So 740 00:43:50,200 --> 00:43:53,280 Speaker 3: there's a power and ownership of these kind of things 741 00:43:53,280 --> 00:43:58,320 Speaker 3: that women have taken. And as exciting time, let's assume 742 00:43:58,480 --> 00:44:02,160 Speaker 3: you will have a product that you want to sell 743 00:44:02,200 --> 00:44:05,680 Speaker 3: to males. Are you telling us that the best way 744 00:44:05,719 --> 00:44:08,239 Speaker 3: to reach males is to reach the women and then 745 00:44:08,280 --> 00:44:14,080 Speaker 3: they'll tell the males. That's certainly true. That is certainly true. 746 00:44:15,160 --> 00:44:18,160 Speaker 3: Certainly from a gift giving perspective. You know, a lot 747 00:44:18,200 --> 00:44:21,040 Speaker 3: of guys are just hey, throw another new size eleven 748 00:44:21,080 --> 00:44:24,520 Speaker 3: in the cart. You know, guys are like that, right, 749 00:44:24,719 --> 00:44:28,000 Speaker 3: But guys also want what's cool, they want what's comfortable. 750 00:44:28,800 --> 00:44:34,719 Speaker 3: Guys also want what's dependable, and so from a fashion standpoint, 751 00:44:34,719 --> 00:44:38,440 Speaker 3: most guys are fast fashion or they're just comfortable. And 752 00:44:38,560 --> 00:44:40,359 Speaker 3: we want to make sure the guys that love us, 753 00:44:40,600 --> 00:44:42,920 Speaker 3: and there's lots of them, stay in love with Hey, dude, 754 00:44:43,160 --> 00:44:44,840 Speaker 3: but we certainly want to bring a lot more people 755 00:44:44,840 --> 00:44:45,399 Speaker 3: into the tent. 756 00:44:46,160 --> 00:44:50,640 Speaker 2: Okay, you have all this focus on women, yet the 757 00:44:50,719 --> 00:44:54,839 Speaker 2: conversation at large is the opposite. Why do people not 758 00:44:55,160 --> 00:45:00,400 Speaker 2: know this extreme power of women question? 759 00:45:01,360 --> 00:45:03,120 Speaker 3: It's a great question. I don't know the answer to that. 760 00:45:03,280 --> 00:45:03,680 Speaker 2: I do. 761 00:45:04,440 --> 00:45:09,800 Speaker 3: So that's what I'm focused on with the Heydude team 762 00:45:09,960 --> 00:45:12,400 Speaker 3: is making sure that we're bringing more people into the 763 00:45:12,440 --> 00:45:18,120 Speaker 3: tent and recognizing the purchasing power, the cultural power, the 764 00:45:18,200 --> 00:45:21,080 Speaker 3: community power of women in twenty twenty five. 765 00:45:29,040 --> 00:45:31,400 Speaker 2: Okay, you said you're from New Jersey. What did your 766 00:45:31,440 --> 00:45:32,400 Speaker 2: parents do for a living? 767 00:45:34,200 --> 00:45:38,800 Speaker 3: My father was My parents grew up in the Bronx, 768 00:45:38,840 --> 00:45:41,520 Speaker 3: New York. I was born in New York City. My 769 00:45:42,080 --> 00:45:45,200 Speaker 3: father was in the United States Navy on the USS 770 00:45:45,400 --> 00:45:50,680 Speaker 3: Wasp post World War Two, and he left the Navy 771 00:45:50,680 --> 00:45:53,960 Speaker 3: and started fixing typewriters in New York City for IBM 772 00:45:55,000 --> 00:45:58,480 Speaker 3: in the suit in the uh you know, the shoes 773 00:45:59,440 --> 00:46:04,920 Speaker 3: carrying the case fix and typewriters, and he, like so 774 00:46:05,040 --> 00:46:08,560 Speaker 3: many folks of his generation, worked his way to become 775 00:46:08,600 --> 00:46:13,560 Speaker 3: an executive with IBM. We moved a lot as a 776 00:46:13,600 --> 00:46:15,319 Speaker 3: young guy. As a young kid, we moved a few 777 00:46:15,360 --> 00:46:19,160 Speaker 3: times before I was ten years old, and my dad 778 00:46:19,239 --> 00:46:23,000 Speaker 3: raised you know, me and my brother and did well 779 00:46:23,080 --> 00:46:25,560 Speaker 3: enough that my mom could raise us. You know, my 780 00:46:25,640 --> 00:46:28,280 Speaker 3: mom didn't work outside of the home, but she certainly 781 00:46:28,320 --> 00:46:31,120 Speaker 3: worked because she had myself and my brother. We made 782 00:46:31,120 --> 00:46:34,000 Speaker 3: her work hard. So we were fortunate to grow up 783 00:46:34,040 --> 00:46:36,400 Speaker 3: in northern New Jersey for you know, since I was 784 00:46:36,400 --> 00:46:41,160 Speaker 3: ten years old and my dad carved it out and is, 785 00:46:41,600 --> 00:46:46,040 Speaker 3: you know, an incredible guy. We're nothing alike, but he 786 00:46:46,120 --> 00:46:49,279 Speaker 3: is an incredible guy. Still with us. Both my parents are, 787 00:46:49,320 --> 00:46:54,560 Speaker 3: thank goodness, and that's what they did. They lived the 788 00:46:54,600 --> 00:46:55,360 Speaker 3: American dream. 789 00:46:55,920 --> 00:46:58,880 Speaker 2: Okay that moving around as a young child, having to 790 00:46:58,920 --> 00:47:02,560 Speaker 2: fit in, did that effect your personality for sure? 791 00:47:02,800 --> 00:47:07,440 Speaker 3: Yeah, it affects me to this day. So move to 792 00:47:08,560 --> 00:47:12,480 Speaker 3: U born in New York City, lived upstate New York 793 00:47:12,560 --> 00:47:17,000 Speaker 3: or Westchester, and then moved to Virginia and Illinois, all 794 00:47:17,040 --> 00:47:21,480 Speaker 3: before I was ten. And so the fear of walking 795 00:47:21,480 --> 00:47:27,560 Speaker 3: into a new cafeteria is still with me today. I 796 00:47:27,560 --> 00:47:34,080 Speaker 3: don't like walking into office cafeteria. I don't like looking 797 00:47:34,080 --> 00:47:37,560 Speaker 3: for somebody to sit with. That is was then and 798 00:47:37,600 --> 00:47:40,920 Speaker 3: it still carries with me all these years later. I'm 799 00:47:40,960 --> 00:47:43,160 Speaker 3: certainly more comfortable than I ever was, and I certainly 800 00:47:43,200 --> 00:47:46,440 Speaker 3: do that because that's part of the job when you're 801 00:47:46,480 --> 00:47:52,160 Speaker 3: leading a company, but it's certainly part of my psychology 802 00:47:52,440 --> 00:47:54,759 Speaker 3: and how I enter any room. 803 00:47:56,320 --> 00:48:00,600 Speaker 2: Okay, you have this anxiety, but concommonly, is there a 804 00:48:00,680 --> 00:48:02,000 Speaker 2: positive element of this? 805 00:48:05,600 --> 00:48:10,400 Speaker 3: It's a good question. Probably not a positive quality to that. 806 00:48:10,400 --> 00:48:12,840 Speaker 3: That's a I mean a positive quality of moving around 807 00:48:12,840 --> 00:48:15,160 Speaker 3: having to interact with me. Oh sure, oh, I said, 808 00:48:15,200 --> 00:48:17,440 Speaker 3: of course, yeah, of course, yes. You know, I had 809 00:48:17,440 --> 00:48:21,640 Speaker 3: an appreciation for other things before I was ten years old. 810 00:48:21,880 --> 00:48:26,080 Speaker 3: You know, I knew you know, I knew where things were. 811 00:48:26,160 --> 00:48:28,640 Speaker 3: I knew what Chicago looked like. When I was nine, 812 00:48:29,239 --> 00:48:31,600 Speaker 3: you know, I knew what you know, the nation's capital 813 00:48:31,600 --> 00:48:34,560 Speaker 3: we lived in Northern Virginia looked like. I knew what 814 00:48:34,560 --> 00:48:37,719 Speaker 3: what I knew, the kids like the Bears. You know, 815 00:48:37,760 --> 00:48:40,200 Speaker 3: you don't know these things, especially in the seventies, or 816 00:48:40,719 --> 00:48:43,279 Speaker 3: you don't, but I did, And so it gave me 817 00:48:43,320 --> 00:48:46,560 Speaker 3: an appreciation for maybe that always what's around the corner 818 00:48:46,680 --> 00:48:50,279 Speaker 3: kind of a mentality that I had because I didn't 819 00:48:50,320 --> 00:48:51,800 Speaker 3: know if we were ever going to be staying wherever 820 00:48:51,840 --> 00:48:56,160 Speaker 3: we were because of my father's job, which was you know, thrilling, exciting, 821 00:48:56,200 --> 00:48:58,239 Speaker 3: but also daunting when you get that we're going to move. 822 00:48:58,680 --> 00:49:01,399 Speaker 3: So so yeah, of course, I think there's a lot 823 00:49:01,400 --> 00:49:04,439 Speaker 3: of good, but the anxiety of that cafeteria table, which 824 00:49:04,480 --> 00:49:07,319 Speaker 3: I took to my daughter's Unfortunately, you know, we moved 825 00:49:07,320 --> 00:49:10,560 Speaker 3: a few times, I sadly, you know, cursed my daughters 826 00:49:10,560 --> 00:49:12,440 Speaker 3: with the same thing my father cursed me, and I 827 00:49:12,480 --> 00:49:15,640 Speaker 3: put curse and quotes, of course, but one of my 828 00:49:15,680 --> 00:49:17,960 Speaker 3: first questions through my girls when we moved is you 829 00:49:17,960 --> 00:49:21,680 Speaker 3: know who did you eat lunch with? It wasn't what 830 00:49:21,760 --> 00:49:25,719 Speaker 3: did you learn, It wasn't how school, It was who 831 00:49:25,760 --> 00:49:27,759 Speaker 3: did you have lunch with? And I would ask that 832 00:49:27,880 --> 00:49:31,600 Speaker 3: question with my eyes kind of winced and my teeth gritted, 833 00:49:31,960 --> 00:49:33,920 Speaker 3: because I know what that's like. And so I was 834 00:49:33,960 --> 00:49:38,080 Speaker 3: transferring some of my whatever that is psychosis or anxiety 835 00:49:38,080 --> 00:49:41,080 Speaker 3: on them unfairly, But it meant something to me because 836 00:49:41,120 --> 00:49:43,759 Speaker 3: I know what it's like, and it hurt then, and 837 00:49:43,840 --> 00:49:45,919 Speaker 3: I didn't want my daughters to feel the same thing. 838 00:49:46,960 --> 00:49:50,160 Speaker 2: So what's your personality? Are you more of a lone 839 00:49:50,239 --> 00:49:52,960 Speaker 2: or outsider? Are you the type of person who has 840 00:49:53,000 --> 00:49:55,600 Speaker 2: a million friends and is contacting people all day? 841 00:49:56,560 --> 00:49:59,279 Speaker 3: I have the same friends since I moved to New 842 00:49:59,360 --> 00:50:04,880 Speaker 3: Jersey and fifth grade. We're all on a text thread 843 00:50:05,360 --> 00:50:09,880 Speaker 3: every day. So I've got a tight circle of friends 844 00:50:09,920 --> 00:50:14,399 Speaker 3: since I was eleven years old ten years old, which 845 00:50:14,440 --> 00:50:16,960 Speaker 3: is an amazing thing to say, in an amazing gift. 846 00:50:18,840 --> 00:50:20,440 Speaker 3: But then I make new friends along the way, and 847 00:50:20,480 --> 00:50:22,960 Speaker 3: the friends that I make I'm really really close with 848 00:50:23,040 --> 00:50:26,200 Speaker 3: and have influenced my life, you know, even my career. 849 00:50:27,360 --> 00:50:29,359 Speaker 3: Some of the most important people in my life are 850 00:50:29,880 --> 00:50:32,400 Speaker 3: people that influence my career who I've ended up being 851 00:50:32,960 --> 00:50:36,400 Speaker 3: the best of friends with. So it's tight. I'm not 852 00:50:36,560 --> 00:50:41,480 Speaker 3: the life of the party ever, but I'm comfortable being alone. 853 00:50:42,800 --> 00:50:46,000 Speaker 3: But the friends that I have are deep and meaningful 854 00:50:46,200 --> 00:50:46,880 Speaker 3: and long. 855 00:50:47,920 --> 00:50:50,000 Speaker 2: So let's say I say, Hey, we're going to go 856 00:50:50,000 --> 00:50:52,759 Speaker 2: to a party. You don't know anybody, none of them 857 00:50:52,840 --> 00:50:55,120 Speaker 2: work in your business, so you're gonna say, hey, let's go. 858 00:50:55,239 --> 00:50:56,919 Speaker 2: You say, well, you're gonna see Well, you know, maybe 859 00:50:56,960 --> 00:50:58,000 Speaker 2: I'd rather stay home. 860 00:50:59,640 --> 00:51:04,520 Speaker 3: I would prefer not to go, but when I go, 861 00:51:04,920 --> 00:51:09,080 Speaker 3: I'm you know, I'm an irishman, right, So I do 862 00:51:09,200 --> 00:51:13,080 Speaker 3: have that certain gift of gab when I choose to gab, 863 00:51:13,760 --> 00:51:15,680 Speaker 3: and I've got a lot of really cool stories to 864 00:51:15,719 --> 00:51:19,799 Speaker 3: tell and a really good life experience that people like 865 00:51:19,880 --> 00:51:21,960 Speaker 3: to hear. When I end up sharing some of it, 866 00:51:22,080 --> 00:51:28,040 Speaker 3: so I don't wear the lampshade, but I can get after. 867 00:51:27,840 --> 00:51:30,760 Speaker 2: It, Okay, good student, bad student. 868 00:51:32,920 --> 00:51:39,560 Speaker 3: I was average at everything, average at everything, good not 869 00:51:39,600 --> 00:51:45,640 Speaker 3: I don't know why, but average at everything, and you know, 870 00:51:45,840 --> 00:51:48,200 Speaker 3: medium part of my class, if you know what I mean. 871 00:51:49,360 --> 00:51:51,520 Speaker 3: But I was a late bloomer, you know. And I 872 00:51:51,560 --> 00:51:53,719 Speaker 3: also just because of that moving around, I think I 873 00:51:53,800 --> 00:51:56,799 Speaker 3: lacked a lot of confidence that I didn't know I 874 00:51:56,840 --> 00:51:58,759 Speaker 3: was actually good at quite a few things when I 875 00:51:58,800 --> 00:52:02,040 Speaker 3: was in middle school and high school. That it turns out, 876 00:52:02,320 --> 00:52:05,320 Speaker 3: you know, later in life, you start to realize, you 877 00:52:05,360 --> 00:52:07,560 Speaker 3: know what, maybe I was better if I had some confidence, 878 00:52:07,760 --> 00:52:11,839 Speaker 3: or had a different kind of coach or somebody, things 879 00:52:11,880 --> 00:52:13,759 Speaker 3: could have been different then. But I'm not hung up 880 00:52:13,760 --> 00:52:17,160 Speaker 3: on any of that. I just, you know, it was 881 00:52:17,160 --> 00:52:20,680 Speaker 3: a late bloomer. I remember you couldn't you back in 882 00:52:20,680 --> 00:52:22,200 Speaker 3: those days, and maybe they still do it. You had 883 00:52:22,239 --> 00:52:24,400 Speaker 3: to do like the eight mile run, you know, you 884 00:52:24,480 --> 00:52:26,920 Speaker 3: had to run for eight eight minute eight minute run 885 00:52:27,000 --> 00:52:29,879 Speaker 3: or something like that, whatever it was, eight minute mile, 886 00:52:29,920 --> 00:52:31,600 Speaker 3: there you go, man, and something you know in middle 887 00:52:31,600 --> 00:52:33,640 Speaker 3: school and I hated it, like I was out of breath, 888 00:52:33,719 --> 00:52:35,359 Speaker 3: like I couldn't do it, you know, it was kind 889 00:52:35,360 --> 00:52:38,759 Speaker 3: of a little chubby, little pudgy little guy. And my 890 00:52:38,880 --> 00:52:41,520 Speaker 3: favorite baseball player at that age was Carlton Fists because 891 00:52:41,560 --> 00:52:44,120 Speaker 3: his nickname was Pudge. You know, it was like looking 892 00:52:44,160 --> 00:52:48,160 Speaker 3: for connection and I couldn't do it like I just was. 893 00:52:48,560 --> 00:52:50,840 Speaker 3: But you know, years later, I've run three marathons in 894 00:52:50,920 --> 00:52:54,160 Speaker 3: under four hours. You know, So these things happen. Life 895 00:52:54,239 --> 00:52:56,000 Speaker 3: is long, and if you're going to be hung up 896 00:52:56,000 --> 00:52:58,439 Speaker 3: on who you were, well that's a waste of your life. 897 00:52:58,719 --> 00:53:01,040 Speaker 3: And so the the things that have happened in my 898 00:53:01,080 --> 00:53:03,160 Speaker 3: life and even just the last fifteen years have been 899 00:53:03,200 --> 00:53:09,120 Speaker 3: extraordinary career wise, personally, so many amazing things. 900 00:53:09,760 --> 00:53:12,160 Speaker 2: So you graduate from high school, then what. 901 00:53:13,200 --> 00:53:15,239 Speaker 3: I go to college in New Jersey. Well, actually I 902 00:53:15,239 --> 00:53:18,640 Speaker 3: started college at Northeastern up in Boston, and I hate 903 00:53:18,680 --> 00:53:21,359 Speaker 3: to say it, I think I chose Northeastern because I 904 00:53:21,440 --> 00:53:23,719 Speaker 3: was a giant and still I am a big fan of 905 00:53:24,320 --> 00:53:27,680 Speaker 3: the Red Sox, the Bruins, the Patriots, and the Celtics. 906 00:53:27,880 --> 00:53:30,640 Speaker 3: And a word to your listeners, that's not the reason 907 00:53:30,719 --> 00:53:34,799 Speaker 3: to choose a college or university. But I was a 908 00:53:34,920 --> 00:53:39,280 Speaker 3: huge fan of those teams and that's why I chose Northeastern. 909 00:53:39,320 --> 00:53:42,200 Speaker 3: But I was too immature to know what to do. 910 00:53:43,760 --> 00:53:46,560 Speaker 3: My high school and grammar school friends were no longer 911 00:53:46,600 --> 00:53:50,440 Speaker 3: with me, and I did not adapt well. And I 912 00:53:50,480 --> 00:53:53,480 Speaker 3: also just didn't like the city environment. I wasn't ready 913 00:53:53,520 --> 00:53:56,560 Speaker 3: for that then. So I transferred to a little known 914 00:53:56,680 --> 00:54:02,160 Speaker 3: Rider University in New Jersey, and you know, graduated, I 915 00:54:02,200 --> 00:54:04,960 Speaker 3: don't know two point eight, two point nine, you know, 916 00:54:05,000 --> 00:54:10,040 Speaker 3: something like that. It was an unremarkable scholastic career. But 917 00:54:10,200 --> 00:54:13,160 Speaker 3: I graduated, and I got a job right out of college. 918 00:54:13,360 --> 00:54:15,719 Speaker 2: But just before this, when you're going to Rider, yeah, 919 00:54:15,760 --> 00:54:17,960 Speaker 2: are you living at home? Are you living in an apartment? 920 00:54:18,120 --> 00:54:20,960 Speaker 3: I'm living in the dorm. I was a resident advisor 921 00:54:21,080 --> 00:54:25,640 Speaker 3: for two and a half years at Ryder, So you know, 922 00:54:25,640 --> 00:54:27,799 Speaker 3: you got your own room. There's a little bit of 923 00:54:27,920 --> 00:54:32,040 Speaker 3: evidence there right right right, And you got a phone, 924 00:54:32,440 --> 00:54:35,239 Speaker 3: which mattered then, and you didn't you didn't have to 925 00:54:35,239 --> 00:54:38,240 Speaker 3: pay for and I got a little bit of scratch, 926 00:54:38,400 --> 00:54:42,680 Speaker 3: so I had some spending money. And you know, an 927 00:54:42,760 --> 00:54:48,560 Speaker 3: unremarkable career at Ryder. That there's they wouldn't remember me, 928 00:54:49,040 --> 00:54:50,040 Speaker 3: and they shouldn't remember me. 929 00:54:51,239 --> 00:54:54,400 Speaker 2: So you graduated, and you did what I graduated. 930 00:54:54,400 --> 00:54:56,879 Speaker 3: And this is the day, Bob, where you know one 931 00:54:56,960 --> 00:55:00,720 Speaker 3: hundred envelopes, one hundred resumes, one hundred stamps, and you 932 00:55:00,800 --> 00:55:03,600 Speaker 3: send them out. I can't even imagine this was a thing, 933 00:55:05,280 --> 00:55:09,640 Speaker 3: just hoping it got there, hoping somebody opened it, hoping 934 00:55:09,680 --> 00:55:15,080 Speaker 3: somebody would call you back. What And I got a 935 00:55:15,120 --> 00:55:17,359 Speaker 3: call back? You know, my mom got a call back. 936 00:55:17,400 --> 00:55:18,719 Speaker 3: You know, this is the day. You know, I was 937 00:55:18,760 --> 00:55:20,879 Speaker 3: living at home and my mom would answer, Terrence, it's 938 00:55:20,920 --> 00:55:24,719 Speaker 3: for you, you know, and it's your possible future employer. The 939 00:55:24,800 --> 00:55:27,839 Speaker 3: thought of that is so staggering today. But I got 940 00:55:27,840 --> 00:55:31,880 Speaker 3: a job with the MWW Group, a PR agency in 941 00:55:31,960 --> 00:55:34,520 Speaker 3: northern New Jersey. At the time, I think I was 942 00:55:34,560 --> 00:55:38,640 Speaker 3: one of the first ten employees of the MWW Group. 943 00:55:38,880 --> 00:55:43,720 Speaker 3: And now if you drive by MetLife Stadium in New Jersey, 944 00:55:43,920 --> 00:55:47,200 Speaker 3: you'll see the W building on the other side of 945 00:55:47,239 --> 00:55:51,520 Speaker 3: MetLife Stadium. So Michael Kempner and the group that hired 946 00:55:51,560 --> 00:55:54,000 Speaker 3: me then still run it and grow it into a 947 00:55:54,080 --> 00:55:58,719 Speaker 3: huge agency. But this is really funny. So I get 948 00:55:58,760 --> 00:56:02,439 Speaker 3: this job, right, and I'm an account coordinator at twenty two, 949 00:56:02,560 --> 00:56:05,279 Speaker 3: twenty three years old, and you know, you're getting press 950 00:56:05,320 --> 00:56:07,000 Speaker 3: clippings and you have to clip them out for the 951 00:56:07,000 --> 00:56:10,319 Speaker 3: different clients of the agency from Burrell's or you know, 952 00:56:10,320 --> 00:56:12,759 Speaker 3: and you're cutting and pasting them and using you know, 953 00:56:12,880 --> 00:56:15,759 Speaker 3: glue tape to you know, this is what you did. 954 00:56:15,800 --> 00:56:17,759 Speaker 3: And I filled in for the receptionist when she went 955 00:56:17,760 --> 00:56:20,320 Speaker 3: to lunch, and I had to get the coffee supplies 956 00:56:20,400 --> 00:56:22,319 Speaker 3: every Monday morning for the office for the week. And 957 00:56:22,360 --> 00:56:24,640 Speaker 3: that's what you do when you're twenty two. And they 958 00:56:24,640 --> 00:56:27,800 Speaker 3: gave me a little account. This is a PR agency 959 00:56:27,840 --> 00:56:31,440 Speaker 3: and I'm an account coordinator, so cut your chops on this, Terrence. 960 00:56:32,600 --> 00:56:36,080 Speaker 3: And they gave me a little indoor amusement park in Paramus, 961 00:56:36,160 --> 00:56:41,160 Speaker 3: New Jersey called sports World. And at the time whatever 962 00:56:41,160 --> 00:56:45,359 Speaker 3: this is, nineteen ninety one, right around there, this indoor 963 00:56:45,400 --> 00:56:47,480 Speaker 3: amusement park was a pretty cool thing. It was a 964 00:56:47,560 --> 00:56:52,279 Speaker 3: giant box at inside where bumper cars and cafeteria with 965 00:56:52,360 --> 00:56:54,680 Speaker 3: you know, hot dogs and popcorn and rides and ball 966 00:56:54,719 --> 00:56:56,200 Speaker 3: pits and all sorts of stuff, and it was a 967 00:56:56,200 --> 00:56:58,880 Speaker 3: really popular place. What am I going to do with 968 00:56:58,920 --> 00:57:02,480 Speaker 3: this as a PR account coordinator? You know, press release 969 00:57:02,680 --> 00:57:05,680 Speaker 3: to say here, have your kid's birthday party here, or 970 00:57:06,600 --> 00:57:10,280 Speaker 3: they got a new ride whatever. Not exactly exciting stuff. 971 00:57:11,719 --> 00:57:14,200 Speaker 3: But one evening, just as I'm about to go home. 972 00:57:14,800 --> 00:57:18,320 Speaker 3: The desk phone, big giant desk phone rings and I 973 00:57:18,400 --> 00:57:22,360 Speaker 3: pick it up and it's the owner of Sports World. 974 00:57:23,440 --> 00:57:27,160 Speaker 3: It says, Terrence, get down here, Like, what's wrong? Because 975 00:57:27,240 --> 00:57:31,000 Speaker 3: Terrence get down here with somebody hurt? Is anything wrong? 976 00:57:31,120 --> 00:57:35,400 Speaker 3: He's like, no, Michael Jackson has rented the place for 977 00:57:35,480 --> 00:57:41,840 Speaker 3: the night. What so, Yeah, Michael Jackson is here and 978 00:57:41,880 --> 00:57:45,280 Speaker 3: he's rented the place for the night. We're closed, so 979 00:57:45,920 --> 00:57:47,760 Speaker 3: all right now, I gotta be honest with you, Bob. 980 00:57:47,800 --> 00:57:52,360 Speaker 3: If the iPhone existed, then I probably would have gone 981 00:57:52,400 --> 00:57:55,280 Speaker 3: down to Sports World to what to try and get 982 00:57:55,320 --> 00:57:59,840 Speaker 3: a selfie with Michael Jackson. But it didn't exist. So 983 00:58:00,120 --> 00:58:02,800 Speaker 3: instead of taking my iPhone, which didn't exist in nineteen 984 00:58:02,880 --> 00:58:06,959 Speaker 3: ninety one, I got on the phone and I called 985 00:58:07,040 --> 00:58:12,360 Speaker 3: every assignment desk that I had in my Bacon's Guide. 986 00:58:13,240 --> 00:58:15,520 Speaker 3: I know where Michael Jackson is tonight. Called me back, 987 00:58:15,920 --> 00:58:20,840 Speaker 3: I know where Michael Jackson is tonight. The phone rang 988 00:58:21,000 --> 00:58:25,040 Speaker 3: like it was you know, so everybody called me back 989 00:58:25,440 --> 00:58:28,520 Speaker 3: and lo and behold. The next day and the next week, 990 00:58:28,600 --> 00:58:30,240 Speaker 3: I had the biggest score in the history of the 991 00:58:30,960 --> 00:58:38,440 Speaker 3: Young MWW group and change my career there. I promoted 992 00:58:38,480 --> 00:58:41,480 Speaker 3: to an account executive and now I'm working with Continental Airlines, 993 00:58:41,640 --> 00:58:43,640 Speaker 3: you know. And that's what can happen in life if 994 00:58:43,640 --> 00:58:46,880 Speaker 3: you're ready for your audition. And so that was a 995 00:58:46,920 --> 00:58:50,520 Speaker 3: gift to me, and that changed my career at the 996 00:58:50,600 --> 00:58:52,800 Speaker 3: MWW group as a twenty three year old. Next thing 997 00:58:52,800 --> 00:58:55,920 Speaker 3: I know, I'm on the runway at Continental Airlines in Newark, 998 00:58:55,960 --> 00:59:01,120 Speaker 3: New Jersey with Lloyd Benson, you know. So it's amazing 999 00:59:01,120 --> 00:59:03,240 Speaker 3: what can happen in a young career if you're ready 1000 00:59:03,280 --> 00:59:03,760 Speaker 3: for the moment. 1001 00:59:05,320 --> 00:59:10,760 Speaker 2: Okay, you go to Continental, play it out from there. 1002 00:59:12,320 --> 00:59:15,640 Speaker 3: So I just didn't know if I liked doing what 1003 00:59:15,720 --> 00:59:17,680 Speaker 3: I was doing, and so I went to work for 1004 00:59:17,720 --> 00:59:21,200 Speaker 3: a nonprofit in northern New Jersey, a long term care 1005 00:59:21,280 --> 00:59:28,040 Speaker 3: facility and psychiatric hospital. Yeah, the real fun stuff, Bob, And. 1006 00:59:28,280 --> 00:59:30,560 Speaker 2: Wait, wait just to stay there. Yeah, you're working with 1007 00:59:30,640 --> 00:59:34,560 Speaker 2: an amusement park, you're working with Continental era Lines. What 1008 00:59:34,680 --> 00:59:38,600 Speaker 2: is the motivation? I don't money? To get escape where 1009 00:59:38,600 --> 00:59:40,320 Speaker 2: you were? Why'd you do it? 1010 00:59:41,960 --> 00:59:45,440 Speaker 3: I don't have an answer for that. Genius or stupidity 1011 00:59:45,600 --> 00:59:47,600 Speaker 3: or somewhere in between, because it wasn't the money. It 1012 00:59:47,600 --> 00:59:53,720 Speaker 3: was a nonprofit. But I just wanted to try something else. 1013 00:59:55,080 --> 01:00:00,800 Speaker 3: And so I'm working for this medical center. It's a nonprofit, 1014 01:00:00,840 --> 01:00:03,640 Speaker 3: as I mentioned, and so one of my responsibilities was 1015 01:00:03,680 --> 01:00:06,200 Speaker 3: to put together an annual fundraising dinner, you know, the 1016 01:00:06,280 --> 01:00:10,040 Speaker 3: rubber chicken round table, and a whole bunch of donors 1017 01:00:10,080 --> 01:00:13,920 Speaker 3: and supporters arrive and I'm giving an appeal, you know, 1018 01:00:13,960 --> 01:00:16,520 Speaker 3: from the dais the main stage there with the podium, 1019 01:00:17,320 --> 01:00:19,600 Speaker 3: and I have a photo of this, which is a 1020 01:00:19,640 --> 01:00:21,880 Speaker 3: surreptitious photo that I didn't know I even had or 1021 01:00:21,920 --> 01:00:24,600 Speaker 3: somebody took it. But in the front row, in the 1022 01:00:24,640 --> 01:00:28,240 Speaker 3: front table, with his back to me was a gentleman 1023 01:00:28,720 --> 01:00:33,080 Speaker 3: who the next morning called me and I thought, oh wow, 1024 01:00:33,080 --> 01:00:35,120 Speaker 3: I got one of these high rollers to write a 1025 01:00:35,120 --> 01:00:39,200 Speaker 3: big check to the medical center. Look at me, I've 1026 01:00:39,240 --> 01:00:44,120 Speaker 3: got a big score. And he says, let's go to 1027 01:00:44,120 --> 01:00:47,000 Speaker 3: breakfast tomorrow. We go to breakfast that I'm ready for 1028 01:00:47,080 --> 01:00:48,760 Speaker 3: him to write a big check, and he says, I 1029 01:00:48,800 --> 01:00:53,640 Speaker 3: want you to be my marketing manager for Amror Prize. 1030 01:00:53,840 --> 01:00:56,600 Speaker 3: I don't know this guy, never met him. 1031 01:00:56,480 --> 01:00:56,959 Speaker 2: In my life. 1032 01:00:57,600 --> 01:01:00,680 Speaker 3: And this was actually called American Express Financially Advisors at 1033 01:01:00,680 --> 01:01:03,560 Speaker 3: the time part of American Express, and now it's Amerorprize, 1034 01:01:03,880 --> 01:01:06,840 Speaker 3: which is one of the leading financial companies in the world, 1035 01:01:08,160 --> 01:01:11,000 Speaker 3: and so I go get my series seven, series sixty three, 1036 01:01:11,160 --> 01:01:17,080 Speaker 3: Series sixty five to sell a market financial products in 1037 01:01:17,120 --> 01:01:22,600 Speaker 3: northern New Jersey. And what luck, you know. And you know, 1038 01:01:22,640 --> 01:01:25,120 Speaker 3: I think he got my salary from like twenty six 1039 01:01:25,160 --> 01:01:29,600 Speaker 3: thousand to fifty eight thousand, which was ridiculous, you know. 1040 01:01:30,560 --> 01:01:34,080 Speaker 3: But I'm now in a new field, and I bounced 1041 01:01:34,120 --> 01:01:38,680 Speaker 3: around the financial services for a while, and I passed 1042 01:01:38,720 --> 01:01:41,520 Speaker 3: another audition as I had this really cool idea to 1043 01:01:41,520 --> 01:01:45,240 Speaker 3: invite people to the movies to correct new customers. You know, 1044 01:01:45,240 --> 01:01:49,960 Speaker 3: we were looking for mom and pop to come in 1045 01:01:49,960 --> 01:01:53,040 Speaker 3: and talk about their financial goals and do a financial plan. 1046 01:01:53,560 --> 01:01:58,960 Speaker 3: And so I invited them to the movies, your local cinema, 1047 01:01:59,600 --> 01:02:01,880 Speaker 3: and before for the movie, I would do a ten 1048 01:02:01,920 --> 01:02:06,840 Speaker 3: minute presentation on realizing life's streams through financial planning, and 1049 01:02:06,840 --> 01:02:09,640 Speaker 3: I would film movie theaters because everybody loves the movies. 1050 01:02:10,400 --> 01:02:12,320 Speaker 3: And out of that we would get a few appointments 1051 01:02:12,880 --> 01:02:15,440 Speaker 3: and people would come in to meet with financial planners 1052 01:02:15,440 --> 01:02:18,400 Speaker 3: and we did some good business that way. And one 1053 01:02:18,480 --> 01:02:21,880 Speaker 3: night an executive from Prudential. Again I'm from New Jersey. 1054 01:02:21,920 --> 01:02:24,280 Speaker 3: Prudential is one of the leading employers in New Jersey 1055 01:02:24,280 --> 01:02:28,080 Speaker 3: and a powerhouse is in the audience, and she calls 1056 01:02:28,120 --> 01:02:30,880 Speaker 3: me the next day says you should come work for 1057 01:02:31,000 --> 01:02:35,880 Speaker 3: me in Newark, the headquarters. So I did, and Lisa 1058 01:02:35,960 --> 01:02:38,400 Speaker 3: is still one of my best friends today. She was 1059 01:02:38,640 --> 01:02:40,760 Speaker 3: just with my daughter in London a couple of weeks ago. 1060 01:02:42,040 --> 01:02:45,640 Speaker 3: But Bob, I hated it. I hated financial services. It 1061 01:02:45,720 --> 01:02:49,120 Speaker 3: was not for me. I really fell. I was a 1062 01:02:49,120 --> 01:02:53,960 Speaker 3: young guy, still thirty and a daughter one on the way, 1063 01:02:54,680 --> 01:02:55,240 Speaker 3: and I'm a vice. 1064 01:02:55,240 --> 01:02:57,200 Speaker 2: Oh well, wait, just to take a side route here. 1065 01:02:58,000 --> 01:03:02,560 Speaker 2: Where do you meet your wife in when? Yeah, so 1066 01:03:02,960 --> 01:03:03,840 Speaker 2: I meet her. 1067 01:03:04,320 --> 01:03:09,920 Speaker 3: We both had a summer job in college, and we 1068 01:03:10,120 --> 01:03:12,640 Speaker 3: knew each other from the hallways of our summer job. 1069 01:03:13,040 --> 01:03:19,040 Speaker 3: And one Friday evening on Route seventeen in Paramus, New Jersey, 1070 01:03:19,080 --> 01:03:22,680 Speaker 3: there was a Compact disc World And you and many 1071 01:03:22,720 --> 01:03:25,880 Speaker 3: of your listeners recognize the power of compact discs and 1072 01:03:25,920 --> 01:03:30,200 Speaker 3: CDs in the late eighties early nineties, and how Friday 1073 01:03:30,280 --> 01:03:34,120 Speaker 3: was payday and you made a pilgrimager. I did CD 1074 01:03:34,240 --> 01:03:37,480 Speaker 3: World on Fridays to just get what I needed to get. 1075 01:03:38,840 --> 01:03:44,080 Speaker 3: And so as I'm browsing through the s's Springsteen Southside, 1076 01:03:44,600 --> 01:03:48,560 Speaker 3: little Steven Sinatra I am from New Jersey. She walks 1077 01:03:48,600 --> 01:03:53,160 Speaker 3: in and I recognize her from our summer job, and 1078 01:03:53,280 --> 01:03:56,919 Speaker 3: we talked for a few minutes. And then the next 1079 01:03:57,000 --> 01:03:58,720 Speaker 3: day we saw each other in the hall. What did 1080 01:03:58,720 --> 01:04:04,080 Speaker 3: you buy? Then we started trading CDs and now your 1081 01:04:04,080 --> 01:04:09,040 Speaker 3: two daughters later in all these years, so music again 1082 01:04:09,280 --> 01:04:12,800 Speaker 3: shows up in my life in an unexpected and surreptitious way. 1083 01:04:20,880 --> 01:04:24,240 Speaker 2: Okay, since you met her and she's your age contemporary, 1084 01:04:25,440 --> 01:04:29,080 Speaker 2: what was she doing career wise? And to what degree 1085 01:04:29,800 --> 01:04:31,680 Speaker 2: was she advising you on your career? 1086 01:04:33,840 --> 01:04:41,480 Speaker 3: So she spent thirty five years with a major accounting firm, 1087 01:04:41,880 --> 01:04:43,960 Speaker 3: one of the big I don't remember. I think it 1088 01:04:44,040 --> 01:04:46,880 Speaker 3: was Big eight when she started. He went to eight 1089 01:04:47,000 --> 01:04:51,120 Speaker 3: to five, you know, I don't know. She was with 1090 01:04:51,160 --> 01:04:56,040 Speaker 3: one of the last one standing just until recently. So 1091 01:04:56,160 --> 01:05:01,040 Speaker 3: thirty five years, and the gift that she gave us 1092 01:05:01,720 --> 01:05:08,480 Speaker 3: was stability. She was working from home before COVID, twenty 1093 01:05:08,560 --> 01:05:11,360 Speaker 3: years before COVID, and knew how to balance all that, 1094 01:05:11,480 --> 01:05:14,520 Speaker 3: do an incredible job and raise two remarkable young women, 1095 01:05:14,960 --> 01:05:17,840 Speaker 3: two daughters that I mentioned earlier, And so that was 1096 01:05:17,880 --> 01:05:21,880 Speaker 3: an incredible gift to us. And she was able through 1097 01:05:22,040 --> 01:05:24,800 Speaker 3: you know, the firm's generosity because she did great for them. 1098 01:05:24,880 --> 01:05:28,120 Speaker 3: They did great by her that we could move to 1099 01:05:28,200 --> 01:05:30,600 Speaker 3: the various places that I moved. Is this career arc 1100 01:05:30,720 --> 01:05:33,560 Speaker 3: that I'm walking you through or boring you with and 1101 01:05:33,720 --> 01:05:37,920 Speaker 3: starts to unfold and so an incredible gift that you 1102 01:05:37,960 --> 01:05:40,439 Speaker 3: know she received and that you know we were both 1103 01:05:40,480 --> 01:05:41,120 Speaker 3: fortunate to have. 1104 01:05:42,080 --> 01:05:44,120 Speaker 2: So she's a CPA, she is not. 1105 01:05:44,640 --> 01:05:49,120 Speaker 3: She she did a lot of the training and the 1106 01:05:49,120 --> 01:05:53,440 Speaker 3: things that CPAs and the firm needs to keep licensed 1107 01:05:53,480 --> 01:05:57,000 Speaker 3: and keep you know, keep them honest. 1108 01:05:57,600 --> 01:06:01,880 Speaker 2: Okay, so you're in financial services, you hate it? Yeah, 1109 01:06:01,920 --> 01:06:05,000 Speaker 2: so what's the next step. So I'm in the headquarters. 1110 01:06:05,040 --> 01:06:06,200 Speaker 2: I'm a vice president of. 1111 01:06:06,080 --> 01:06:09,680 Speaker 3: Marketing for Prudential. This should be the dream of every 1112 01:06:09,720 --> 01:06:12,560 Speaker 3: kid from New Jersey, right, you know the Devil's play 1113 01:06:12,560 --> 01:06:15,800 Speaker 3: in the Prudential Center, And it was, you know, I 1114 01:06:15,880 --> 01:06:19,480 Speaker 3: was bored of being bored because boredom is boredom. And 1115 01:06:20,680 --> 01:06:22,960 Speaker 3: a friend of mine calls me and says, hey, there's 1116 01:06:22,960 --> 01:06:26,280 Speaker 3: a company out of Dallas, Texas called foot Action that 1117 01:06:26,440 --> 01:06:30,280 Speaker 3: is relocating to Mahwan, New Jersey, and nobody wants to go. 1118 01:06:31,960 --> 01:06:36,080 Speaker 3: Nobody wants to relocate from Dallas to Mahwan, New Jersey. 1119 01:06:37,200 --> 01:06:41,680 Speaker 3: So you should talk to this guy that I know great. 1120 01:06:42,280 --> 01:06:44,160 Speaker 3: So I talked to this guy and it happens to 1121 01:06:44,200 --> 01:06:49,480 Speaker 3: be Willie Smith. Will Smith, not the Fresh Prince, but 1122 01:06:49,640 --> 01:06:53,560 Speaker 3: Will Smith, and he's the vice president of marketing for 1123 01:06:53,840 --> 01:06:58,840 Speaker 3: foot Action in mahwan, New Jersey. And will takes a 1124 01:06:58,920 --> 01:07:02,680 Speaker 3: chance on this financial services guy and I go backwards 1125 01:07:02,760 --> 01:07:06,000 Speaker 3: in life from a VP at thirty two years old 1126 01:07:06,320 --> 01:07:10,160 Speaker 3: to a director of marketing for foot Action. Foot Action 1127 01:07:10,320 --> 01:07:14,800 Speaker 3: still exists, but at the time it was the leading footwear, 1128 01:07:14,960 --> 01:07:22,560 Speaker 3: casual sneaker brand for young kids. And Bob within three months, 1129 01:07:22,680 --> 01:07:25,600 Speaker 3: I'm going from selling mutual funds, annuities, and long term 1130 01:07:25,640 --> 01:07:32,360 Speaker 3: care insurance to being on stage with Beyonce in Houston, Texas. 1131 01:07:32,840 --> 01:07:35,680 Speaker 3: I have a photo to prove it. A couple of 1132 01:07:35,720 --> 01:07:38,479 Speaker 3: weeks later, I'm on stage at the Apollo Theater because 1133 01:07:38,560 --> 01:07:40,360 Speaker 3: we worked with Nike, because we sell a lot of 1134 01:07:40,440 --> 01:07:43,280 Speaker 3: Jordan's and air Force ones, and we opened a new 1135 01:07:43,280 --> 01:07:45,520 Speaker 3: store on one hundred and twenty fifth Street, and the 1136 01:07:45,560 --> 01:07:47,760 Speaker 3: only way to get tickets to the Nike wake up 1137 01:07:47,800 --> 01:07:50,280 Speaker 3: call at the Apollo is to buy a pair of 1138 01:07:50,360 --> 01:07:52,880 Speaker 3: Nikes at our new foot Action store on one hundred 1139 01:07:52,880 --> 01:07:56,560 Speaker 3: and twenty fifth Street. I am living the dream as 1140 01:07:56,600 --> 01:08:00,840 Speaker 3: a music fan, as a footwear sneaker kid. You gotta 1141 01:08:00,880 --> 01:08:02,760 Speaker 3: be kidding me, like this is the greatest thing ever. 1142 01:08:04,440 --> 01:08:06,880 Speaker 3: And that didn't last too long because it was I 1143 01:08:06,880 --> 01:08:10,320 Speaker 3: guess eighteen months. Two years later, there was a giant, 1144 01:08:10,400 --> 01:08:15,800 Speaker 3: you know, town hall in the big Assembly area and 1145 01:08:15,800 --> 01:08:21,559 Speaker 3: we were told something's up. And if we were your 1146 01:08:21,560 --> 01:08:23,599 Speaker 3: brothers and sisters, we would tell you to get your 1147 01:08:23,640 --> 01:08:28,559 Speaker 3: resume together. And so I got my resume together, and 1148 01:08:28,600 --> 01:08:32,280 Speaker 3: so did Willie Smith. And Willie Smith ended up going 1149 01:08:32,280 --> 01:08:39,080 Speaker 3: out to Saint Louis, Missouri. He was a Rochelle New Rochelle, 1150 01:08:39,160 --> 01:08:42,479 Speaker 3: New Rock City kid and Long Island kid, and he 1151 01:08:42,520 --> 01:08:44,400 Speaker 3: moved out to Saint Louis to become the VP of 1152 01:08:44,439 --> 01:08:47,719 Speaker 3: Marketing for Famous Footwear, one of the leading family footwear 1153 01:08:48,040 --> 01:08:50,720 Speaker 3: brands in the United States. And he calls me up. 1154 01:08:50,760 --> 01:08:53,440 Speaker 3: It says, Ryles, you got to come out to Saint Louis. 1155 01:08:52,920 --> 01:08:56,240 Speaker 3: I'm not moving to Saint Louis. I'm from New Jersey? 1156 01:08:56,280 --> 01:09:01,120 Speaker 3: Are you kidding me? And let's put this. Willie is real, 1157 01:09:01,680 --> 01:09:07,479 Speaker 3: real persuasive, and so moved to Saint Louis, Missouri, and 1158 01:09:08,400 --> 01:09:13,479 Speaker 3: five years of incredible experience growth, learning a lot of 1159 01:09:13,520 --> 01:09:17,840 Speaker 3: things at Famous Footwear in Saint Louis, seeing incredible leaders too, 1160 01:09:17,960 --> 01:09:21,280 Speaker 3: like Diane Sullivan and others who are just showed me 1161 01:09:21,520 --> 01:09:22,920 Speaker 3: how to do things that I didn't know that I 1162 01:09:22,960 --> 01:09:26,360 Speaker 3: was going to have to do someday, because right now 1163 01:09:26,360 --> 01:09:29,080 Speaker 3: I'm already in all my life, I've outkicked my coverage. 1164 01:09:30,360 --> 01:09:35,320 Speaker 3: And now I'm in Saint Louis and incredible experience there, 1165 01:09:35,360 --> 01:09:40,400 Speaker 3: incredible life moments there. And then I go pay a 1166 01:09:40,479 --> 01:09:45,639 Speaker 3: visit to Crocs. Famous Footwear sells Crocs at the time, 1167 01:09:45,680 --> 01:09:49,759 Speaker 3: still does, And I fly out to Colorado, where Crocs 1168 01:09:49,840 --> 01:09:54,800 Speaker 3: is based just outside a boulder, and I go into 1169 01:09:54,840 --> 01:09:58,320 Speaker 3: the Crocs boardroom to do my you know, spiel of 1170 01:09:58,720 --> 01:10:00,960 Speaker 3: why you should be spending more money Famous Footwear to 1171 01:10:00,960 --> 01:10:05,479 Speaker 3: sell more Crocs. And I do my thing in the boardroom, leave, 1172 01:10:06,280 --> 01:10:08,400 Speaker 3: and two or three weeks later, I get a call 1173 01:10:08,960 --> 01:10:13,080 Speaker 3: from somebody at Crocs. We'd like you to be the 1174 01:10:13,120 --> 01:10:16,600 Speaker 3: guy that runs the America's marketing for Crocs, which you 1175 01:10:16,680 --> 01:10:22,679 Speaker 3: moved to Colorado. I'm not from Saint Louis. Colorado seems 1176 01:10:22,680 --> 01:10:24,599 Speaker 3: like a really cool place to live. My brother lives 1177 01:10:24,600 --> 01:10:26,680 Speaker 3: out here, as do my parents. They moved from New 1178 01:10:26,760 --> 01:10:30,280 Speaker 3: Jersey and the East Coast many years earlier, so let's 1179 01:10:30,280 --> 01:10:32,599 Speaker 3: give it a whirl. And we moved to Colorado and 1180 01:10:32,920 --> 01:10:37,120 Speaker 3: I'm the director of Marketing for Crocs and then the 1181 01:10:37,240 --> 01:10:40,240 Speaker 3: CMO for Crocs, and thanks to an incredible team, we 1182 01:10:40,280 --> 01:10:41,160 Speaker 3: turned that thing around. 1183 01:10:41,960 --> 01:10:48,240 Speaker 2: Okay, Ros had a real negative reputation. Okay, people were 1184 01:10:48,240 --> 01:10:52,760 Speaker 2: making jokes about them, plastic shoes, etc. Ay, why did 1185 01:10:52,800 --> 01:10:57,719 Speaker 2: you take the job? B was everybody on the same page. 1186 01:10:57,880 --> 01:11:00,559 Speaker 2: Something's got to change in what we were steps. 1187 01:11:00,720 --> 01:11:04,640 Speaker 3: Yeah, I took the job because it was a brand 1188 01:11:06,800 --> 01:11:16,960 Speaker 3: and people hated it. That smells like money. To me, Well, whoa, whoa, whoa. 1189 01:11:17,520 --> 01:11:21,479 Speaker 2: People hated it. That smells like money. Explain that. 1190 01:11:22,280 --> 01:11:24,559 Speaker 3: Yeah, So when I was the CMO of Crocs. When 1191 01:11:24,560 --> 01:11:29,360 Speaker 3: I started, there was a meme that had a photo 1192 01:11:29,400 --> 01:11:33,920 Speaker 3: of pair of Crocs and it said those holes are 1193 01:11:34,000 --> 01:11:35,559 Speaker 3: where your dignity leaks out. 1194 01:11:39,560 --> 01:11:40,120 Speaker 2: That's good. 1195 01:11:40,960 --> 01:11:43,880 Speaker 3: That hung on my wall. I looked at it every 1196 01:11:43,960 --> 01:11:50,360 Speaker 3: day as motivation. And again, nobody hated Crocs. It was 1197 01:11:50,479 --> 01:11:52,360 Speaker 3: just a brand that was made fun of and there 1198 01:11:52,400 --> 01:11:55,400 Speaker 3: was tension to that. And when there's that kind of tension, 1199 01:11:55,800 --> 01:11:58,520 Speaker 3: you know, as Reggie Jackson said, back in the seventies, 1200 01:11:58,800 --> 01:12:04,599 Speaker 3: they don't boo, nobody d and so aha, like there's 1201 01:12:04,640 --> 01:12:08,760 Speaker 3: something here and we just need to make ourselves more relevant. 1202 01:12:08,960 --> 01:12:13,360 Speaker 3: Crocs did not have an awareness problem. Everybody knew Crocs. 1203 01:12:12,400 --> 01:12:16,280 Speaker 3: But if we can make it more relevant, that was 1204 01:12:16,439 --> 01:12:20,120 Speaker 3: the opportunity. And thanks to my colleagues, we made it 1205 01:12:20,160 --> 01:12:23,599 Speaker 3: more relevant and then some and helped turn Crocs into 1206 01:12:24,240 --> 01:12:28,839 Speaker 3: this extraordinary story in footwear and in brands and in culture. 1207 01:12:30,000 --> 01:12:33,400 Speaker 3: And again, how lucky am I? You know, it's almost 1208 01:12:33,479 --> 01:12:36,040 Speaker 3: like Forrest Gump. I just bump into these things or 1209 01:12:36,080 --> 01:12:40,479 Speaker 3: they find me and you change Crocs and change my 1210 01:12:40,520 --> 01:12:42,400 Speaker 3: life in the biggest way. 1211 01:12:43,120 --> 01:12:47,280 Speaker 2: Okay, that's the general. Be more specific. Everyone knows Crocs. 1212 01:12:47,560 --> 01:12:51,519 Speaker 2: There's a negative take. What were the first steps and 1213 01:12:51,640 --> 01:12:54,000 Speaker 2: when did you realize you were onto something? And then 1214 01:12:54,000 --> 01:12:56,200 Speaker 2: where'd you go from there? Yeah? 1215 01:12:56,240 --> 01:13:01,000 Speaker 3: The first steps was actually to We brought Drew Barrymore 1216 01:13:01,200 --> 01:13:07,000 Speaker 3: on board and it was the first opportunity we had 1217 01:13:07,080 --> 01:13:09,160 Speaker 3: to work with celebrity. 1218 01:13:08,880 --> 01:13:10,639 Speaker 2: Whose idea was that. 1219 01:13:11,360 --> 01:13:14,400 Speaker 3: It was a mutual decision. Certainly, the CEO of Crocs 1220 01:13:15,520 --> 01:13:19,200 Speaker 3: and I spoke about one of the quickest ways to 1221 01:13:19,320 --> 01:13:24,880 Speaker 3: cut through is celebrity partnerships. That's just the fact they 1222 01:13:24,920 --> 01:13:28,600 Speaker 3: don't all work, but is the fastest way. And Drew Barrymore, 1223 01:13:28,680 --> 01:13:32,840 Speaker 3: God love her brought us an instant credibility with people. 1224 01:13:33,120 --> 01:13:35,160 Speaker 3: It just changed the perception of the brain. Oh that's 1225 01:13:35,240 --> 01:13:37,440 Speaker 3: Drew Barrymore. Wait are crocs? 1226 01:13:37,720 --> 01:13:37,920 Speaker 2: Wait? 1227 01:13:37,960 --> 01:13:40,839 Speaker 3: What's this CrOx? Maybe there's something that I've been missing. 1228 01:13:41,800 --> 01:13:45,320 Speaker 3: And she's just an absolutely lovely soul. And she was 1229 01:13:45,360 --> 01:13:47,240 Speaker 3: the first thing to help us put a flag in 1230 01:13:47,280 --> 01:13:50,600 Speaker 3: the ground. Where the other thing that happens, Bob is 1231 01:13:51,720 --> 01:13:57,080 Speaker 3: you know, the the Hollywood agencies, they smell blood in 1232 01:13:57,080 --> 01:14:01,320 Speaker 3: the water. CROs has some money. I wonder who else 1233 01:14:01,360 --> 01:14:05,920 Speaker 3: they'd consider hiring. And that she opened the doors for 1234 01:14:06,000 --> 01:14:10,000 Speaker 3: other celebrities to begin working with crocs, to also widen 1235 01:14:10,040 --> 01:14:12,040 Speaker 3: our aperture of who to work with to get a 1236 01:14:12,080 --> 01:14:15,960 Speaker 3: more global presence. People like John Cena we could started 1237 01:14:15,960 --> 01:14:19,559 Speaker 3: wearing crocs for us. Prianka Chopra also one of the 1238 01:14:19,600 --> 01:14:23,760 Speaker 3: loveliest women I've ever met in my entire life and kindest. 1239 01:14:24,040 --> 01:14:26,960 Speaker 3: She bought the whole crew when we wrapped, she bought 1240 01:14:27,000 --> 01:14:29,280 Speaker 3: them all champagne and toasted the crew. I mean just 1241 01:14:30,760 --> 01:14:32,840 Speaker 3: and so now people around the world are starting to see, 1242 01:14:32,840 --> 01:14:35,800 Speaker 3: wait that weird American brand that shoot with the holes 1243 01:14:35,800 --> 01:14:39,719 Speaker 3: in it. Drew Barrymore and John Cena and Priyanka Chopra 1244 01:14:40,200 --> 01:14:43,720 Speaker 3: and then some Asian superstars in Korea and China. But 1245 01:14:43,840 --> 01:14:47,559 Speaker 3: Drew Barrymore helped open that aperture and widen it where 1246 01:14:47,560 --> 01:14:49,960 Speaker 3: now the brand was in a little different spot and 1247 01:14:50,040 --> 01:14:54,280 Speaker 3: you could start to see those green shoots and then 1248 01:14:54,760 --> 01:14:55,759 Speaker 3: really the. 1249 01:14:55,520 --> 01:15:01,280 Speaker 4: The the the turning point, like this is the moment 1250 01:15:01,320 --> 01:15:05,920 Speaker 4: where the plot changes, you know, bang on the piano keys. 1251 01:15:05,960 --> 01:15:11,000 Speaker 3: Here a young woman named Toria Roth, twenty three years old. 1252 01:15:11,960 --> 01:15:14,320 Speaker 3: She walks into my office on the CMO of Crocs. 1253 01:15:14,360 --> 01:15:17,439 Speaker 3: She just finished her internship with us and we hired 1254 01:15:17,479 --> 01:15:20,760 Speaker 3: her on full time. She walks in my office, sheepishly 1255 01:15:21,040 --> 01:15:24,280 Speaker 3: knocks on my door, you know, the CMO's door, and says, hey, 1256 01:15:24,400 --> 01:15:27,720 Speaker 3: t did you see this? And she shows me a 1257 01:15:27,760 --> 01:15:33,360 Speaker 3: photo of post Malone wearing Crocs and I didn't see it. 1258 01:15:33,600 --> 01:15:36,680 Speaker 3: She saw it, and it didn't take more than two 1259 01:15:36,760 --> 01:15:42,280 Speaker 3: seconds to know what was up. And so Kerry Macker 1260 01:15:42,520 --> 01:15:46,719 Speaker 3: from Universal Music Group that represented post Malone, she gets 1261 01:15:46,720 --> 01:15:51,920 Speaker 3: in touch with us and we create the first celebrity 1262 01:15:52,120 --> 01:15:56,680 Speaker 3: collaboration with Crocs, the post Malones and it crashed our website. 1263 01:15:57,080 --> 01:15:58,680 Speaker 3: This is one of those moments, Bob, that I can 1264 01:15:58,760 --> 01:16:01,640 Speaker 3: see unfold and slow emotion. It's a big deal to 1265 01:16:01,680 --> 01:16:04,519 Speaker 3: the company. We've never done something like this before. We're 1266 01:16:04,560 --> 01:16:07,040 Speaker 3: about to go live at nine am in Colorado or 1267 01:16:07,080 --> 01:16:10,479 Speaker 3: ten am in Colorado. We get the entire company into 1268 01:16:10,520 --> 01:16:13,439 Speaker 3: the giant cafeteria assembly area. We have the big screens 1269 01:16:13,520 --> 01:16:17,320 Speaker 3: up with our data points to see this first sale, 1270 01:16:17,360 --> 01:16:22,479 Speaker 3: and and we go live and the system crashes. There 1271 01:16:22,479 --> 01:16:25,880 Speaker 3: were so many people. We were not prepared for it. 1272 01:16:26,840 --> 01:16:29,960 Speaker 3: And I'm the guy like, I'm the ringleader, the pt 1273 01:16:30,120 --> 01:16:34,080 Speaker 3: barnum of it all. And it was a mortifyingly excitingly 1274 01:16:34,120 --> 01:16:39,280 Speaker 3: incredible experience. I knew we just crashed crocs dot com. 1275 01:16:39,320 --> 01:16:42,760 Speaker 3: Everything changes from here on out, and it did. 1276 01:16:43,920 --> 01:16:47,439 Speaker 2: Okay, Just to go back a step, celebrities are not cheap. 1277 01:16:48,439 --> 01:16:52,439 Speaker 2: There are some companies with huge marketing budgets. Others don't 1278 01:16:52,439 --> 01:16:55,680 Speaker 2: believe in it. You know, how do you decide what 1279 01:16:55,840 --> 01:16:59,240 Speaker 2: percentage of you know, revenue to dedicate to these people 1280 01:16:59,760 --> 01:17:02,680 Speaker 2: in terms of return? Is there some math involved? It 1281 01:17:02,840 --> 01:17:04,040 Speaker 2: purely a hunch. 1282 01:17:05,560 --> 01:17:07,920 Speaker 3: For me, It's all the above. I do have an 1283 01:17:07,960 --> 01:17:11,960 Speaker 3: eye and thanks to Toria Roth. She saw this, and 1284 01:17:12,040 --> 01:17:14,559 Speaker 3: so post Malone at that moment was on the come up. 1285 01:17:15,760 --> 01:17:24,280 Speaker 3: So there were ways to afford Post Malone then. And 1286 01:17:24,439 --> 01:17:27,920 Speaker 3: the next up was Luke Combs. He hadn't hit yet, 1287 01:17:28,520 --> 01:17:31,479 Speaker 3: but I saw this guy through social media and just 1288 01:17:32,000 --> 01:17:36,640 Speaker 3: you know, just constant reading and you know that curiosity, 1289 01:17:36,800 --> 01:17:39,439 Speaker 3: and he started to appear in different places that I'm 1290 01:17:39,439 --> 01:17:42,679 Speaker 3: looking for new music, like okay, who's this Luke Combs guy? 1291 01:17:42,680 --> 01:17:44,840 Speaker 3: And then you see a photo of him, like this 1292 01:17:44,920 --> 01:17:47,160 Speaker 3: is a Crocs guy. So he was on the come 1293 01:17:47,240 --> 01:17:50,080 Speaker 3: up also, and so but then you do some math. 1294 01:17:50,160 --> 01:17:53,000 Speaker 3: You do how many Instagram followers they have, and if 1295 01:17:53,560 --> 01:17:56,280 Speaker 3: ten percent of those, you know, go to our website 1296 01:17:56,360 --> 01:17:59,200 Speaker 3: and five percent convert, what kind of dollars and cents 1297 01:17:59,240 --> 01:18:02,320 Speaker 3: could there be here? You do those kind of rough calculations, 1298 01:18:02,320 --> 01:18:04,880 Speaker 3: but it's also hunch. It's also kind of who their 1299 01:18:04,920 --> 01:18:10,719 Speaker 3: audience is and their trajectory. And that's happened a lot 1300 01:18:10,880 --> 01:18:14,280 Speaker 3: in my life of betting on folks and also being 1301 01:18:14,479 --> 01:18:17,960 Speaker 3: a leader who listens to you know, Torrio who's twenty three, 1302 01:18:18,280 --> 01:18:21,519 Speaker 3: or Pejor Rodriguez who came into my office. He grew 1303 01:18:21,560 --> 01:18:24,479 Speaker 3: up in Puerto Rico and he said, at do you 1304 01:18:24,520 --> 01:18:27,800 Speaker 3: know who bad Bunny is? And I didn't, but he did, 1305 01:18:28,479 --> 01:18:30,559 Speaker 3: and he knew the impact that bad Bunny would have 1306 01:18:30,600 --> 01:18:34,160 Speaker 3: for Crocs and he was right. And so to be 1307 01:18:34,200 --> 01:18:36,880 Speaker 3: a listener and a leader who's open to good ideas 1308 01:18:36,960 --> 01:18:41,040 Speaker 3: can come from anywhere has transformed brands. And if you're 1309 01:18:41,080 --> 01:18:42,640 Speaker 3: just close minded, and if you think you have all 1310 01:18:42,680 --> 01:18:45,320 Speaker 3: the answers, then you're probably not going to win. But 1311 01:18:45,360 --> 01:18:46,719 Speaker 3: you do have to have some of the answers. 1312 01:18:48,240 --> 01:18:53,160 Speaker 2: Okay, But there was the traditional Croc shoe back not 1313 01:18:53,280 --> 01:18:55,960 Speaker 2: long after the Croc started, they started to put fur 1314 01:18:56,000 --> 01:18:59,040 Speaker 2: on them and stuff like that. Forget that. You now 1315 01:18:59,120 --> 01:19:03,839 Speaker 2: have all the celebrities involved, you start changing the product. 1316 01:19:04,400 --> 01:19:05,400 Speaker 2: Show me about that. 1317 01:19:05,760 --> 01:19:07,960 Speaker 3: Sure, well, with a great product team, you know. So 1318 01:19:08,040 --> 01:19:10,800 Speaker 3: I was the CMO, not the chief product officer. But 1319 01:19:10,880 --> 01:19:13,920 Speaker 3: now it's a similar strategy. You build the core. And 1320 01:19:14,360 --> 01:19:18,519 Speaker 3: we returned under my marketing leadership, we returned to the 1321 01:19:18,560 --> 01:19:21,559 Speaker 3: classic Croc. Kroc was doing lots of different stuff when 1322 01:19:21,560 --> 01:19:23,840 Speaker 3: I got the gig, and we just brought it back 1323 01:19:23,880 --> 01:19:27,200 Speaker 3: to basics. And there you build the core and then 1324 01:19:27,240 --> 01:19:31,479 Speaker 3: you add more. And the fantastic product team started to, Yeah, 1325 01:19:31,560 --> 01:19:34,600 Speaker 3: put fuzz in crocs, which is a huge seller to 1326 01:19:34,640 --> 01:19:38,559 Speaker 3: this day. Add height do partnerships with Christopher Kaine or 1327 01:19:38,560 --> 01:19:43,840 Speaker 3: Balenciaga to get just that different kind of style. And 1328 01:19:43,880 --> 01:19:47,919 Speaker 3: then gibbets, those little things that you put in the holes, 1329 01:19:48,479 --> 01:19:51,880 Speaker 3: have been an incredible success story because it allows people 1330 01:19:51,920 --> 01:19:54,800 Speaker 3: to personalize their crocs, which is, you know, such a 1331 01:19:54,880 --> 01:19:59,879 Speaker 3: vital part of contemporary society. And so so the combination 1332 01:20:00,080 --> 01:20:05,439 Speaker 3: of new product introductions and celebrity partnerships and then it 1333 01:20:05,479 --> 01:20:08,439 Speaker 3: became like the Got Milk Mustache bob where everybody wanted 1334 01:20:08,479 --> 01:20:13,320 Speaker 3: to wear the milk mustache and almost any celebrity or 1335 01:20:13,320 --> 01:20:17,000 Speaker 3: brand that we called who wanted to create their own crocs. 1336 01:20:17,280 --> 01:20:22,800 Speaker 3: And that's something that is still an active success story today. 1337 01:20:23,120 --> 01:20:25,720 Speaker 2: Ye know, from my perspective, the gibbets started with the 1338 01:20:25,760 --> 01:20:29,799 Speaker 2: public and then you got involved. Is that an accurate description. 1339 01:20:31,240 --> 01:20:36,400 Speaker 3: No, We started to we were photographing our shoes naked, 1340 01:20:37,400 --> 01:20:40,240 Speaker 3: which makes no sense. We were selling gibbets, but we 1341 01:20:40,240 --> 01:20:43,000 Speaker 3: were not photographing them and not encouraging people to do that. 1342 01:20:43,160 --> 01:20:45,799 Speaker 3: So we got behind it and then our fans started 1343 01:20:45,840 --> 01:20:47,439 Speaker 3: to take over, and that's when you know a hit. 1344 01:20:47,520 --> 01:20:51,240 Speaker 3: You know, our fans started to label Crocs fully loaded, 1345 01:20:51,600 --> 01:20:54,599 Speaker 3: you know, when you fill all twenty six holes with gibbets, 1346 01:20:54,600 --> 01:20:58,040 Speaker 3: and it allows people to express themselves. And that's another 1347 01:20:58,360 --> 01:21:01,720 Speaker 3: key component of Crocs's success is the ability to just 1348 01:21:01,800 --> 01:21:05,639 Speaker 3: personalize something you wear and extend your own personality, whatever 1349 01:21:05,680 --> 01:21:09,120 Speaker 3: that may be to the brand. And our product team 1350 01:21:09,240 --> 01:21:12,920 Speaker 3: just continued to innovate and still does at Crocs. And 1351 01:21:12,960 --> 01:21:17,200 Speaker 3: it changed my life where people started writing articles about me, 1352 01:21:17,520 --> 01:21:20,599 Speaker 3: which again, how did this happen to this guy from 1353 01:21:20,640 --> 01:21:25,040 Speaker 3: New Jersey? But it did. And then I got a 1354 01:21:25,080 --> 01:21:31,880 Speaker 3: call about his bottle company called Stanley that nobody had 1355 01:21:31,880 --> 01:21:36,639 Speaker 3: heard of, including myself. But you know, it's not every 1356 01:21:36,680 --> 01:21:39,519 Speaker 3: day that they're calling a CMO for a president's job. 1357 01:21:41,479 --> 01:21:45,960 Speaker 3: And I should go for it. I should try and 1358 01:21:46,000 --> 01:21:48,479 Speaker 3: grab this breast ring this guy from you know, but 1359 01:21:48,600 --> 01:21:50,760 Speaker 3: for the grace of God. You know, my father was 1360 01:21:50,800 --> 01:21:54,360 Speaker 3: a typewriter repair man into an executive. But for the 1361 01:21:54,400 --> 01:21:56,920 Speaker 3: grace of God, I'd be walking a beat somewhere. You know, 1362 01:21:59,080 --> 01:22:02,280 Speaker 3: President me, Let's give it. 1363 01:22:02,320 --> 01:22:06,679 Speaker 2: A whirl a little bit slower. You get an email 1364 01:22:06,760 --> 01:22:09,400 Speaker 2: or the phone ring as they say, what and how 1365 01:22:09,400 --> 01:22:11,240 Speaker 2: do you ultimately decide to take the job. 1366 01:22:12,160 --> 01:22:14,800 Speaker 3: Well, it was a similar experience to CROCS. So now 1367 01:22:14,880 --> 01:22:17,160 Speaker 3: I knew when I joined CROCS it did not have 1368 01:22:17,200 --> 01:22:23,320 Speaker 3: an awareness problem, had a relevance opportunity. Stanley had an 1369 01:22:23,360 --> 01:22:28,200 Speaker 3: awareness opportunity. It's a you know, one hundred year old brand, 1370 01:22:28,520 --> 01:22:31,360 Speaker 3: just known for quality, known for this green bottle that 1371 01:22:31,400 --> 01:22:36,040 Speaker 3: people love. It's been in you know, it's probably somewhere 1372 01:22:36,080 --> 01:22:39,360 Speaker 3: in you know, Connecticut or you know where you grew 1373 01:22:39,400 --> 01:22:43,679 Speaker 3: up in somebody's attic, somebody's garage, and most people didn't 1374 01:22:43,680 --> 01:22:45,719 Speaker 3: even know it. It was like, oh, yeah, that that''s 1375 01:22:45,760 --> 01:22:48,080 Speaker 3: that green bottle that my dad used to have. Well, 1376 01:22:48,120 --> 01:22:50,280 Speaker 3: my mom she took it to school every day where 1377 01:22:50,280 --> 01:22:52,320 Speaker 3: her soup. She was a teacher back in the sixties 1378 01:22:52,439 --> 01:22:55,040 Speaker 3: or so. All right, wait a minute, this is a 1379 01:22:55,200 --> 01:22:58,639 Speaker 3: there's a heritage here. How cool is that to get 1380 01:22:58,680 --> 01:23:01,960 Speaker 3: the keys to that kind of thing. So if we 1381 01:23:01,960 --> 01:23:06,960 Speaker 3: can make it relevant and increase the awareness, we might 1382 01:23:06,960 --> 01:23:08,439 Speaker 3: be able to do something. And this might be a 1383 01:23:08,520 --> 01:23:11,880 Speaker 3: really interesting president's job, which I shouldn't have no business having. 1384 01:23:13,720 --> 01:23:14,680 Speaker 2: How did they find you? 1385 01:23:16,880 --> 01:23:18,920 Speaker 3: I think as yeah, it was a search firm, you know, 1386 01:23:19,000 --> 01:23:21,120 Speaker 3: because I started to get a little attention for the 1387 01:23:21,160 --> 01:23:24,320 Speaker 3: Crux success. You know, undeserved attention. But you know, it's 1388 01:23:24,400 --> 01:23:26,400 Speaker 3: like a quarterback. You get the attention, you get the blame. 1389 01:23:27,120 --> 01:23:29,920 Speaker 3: And so people started to see what was happening at CROCS, 1390 01:23:29,960 --> 01:23:33,680 Speaker 3: and my name was, you know, somewhat attached to it. 1391 01:23:34,040 --> 01:23:35,920 Speaker 3: And so I was getting lots of calls for other 1392 01:23:36,000 --> 01:23:40,160 Speaker 3: CMO jobs and all things like that, President mat you know, 1393 01:23:41,479 --> 01:23:44,200 Speaker 3: so I thought I was going to be Governor Corleone, 1394 01:23:44,520 --> 01:23:49,200 Speaker 3: President Corloni. Yeah, so let's go for it, and that 1395 01:23:49,800 --> 01:23:52,360 Speaker 3: it turned out. I decided to do it in February 1396 01:23:52,400 --> 01:23:53,160 Speaker 3: of twenty twenty. 1397 01:23:54,720 --> 01:24:07,519 Speaker 5: Uh oh, okay, just to stay on this, ay, where 1398 01:24:07,600 --> 01:24:09,320 Speaker 5: is Stanley located? 1399 01:24:10,000 --> 01:24:12,599 Speaker 2: B how much revenue in a year? 1400 01:24:13,560 --> 01:24:18,679 Speaker 3: So Stanley's based in Seattle, Washington. And when I joined, 1401 01:24:19,200 --> 01:24:23,559 Speaker 3: Stanley was a seventy million dollar brand known for the 1402 01:24:23,760 --> 01:24:27,960 Speaker 3: Hammertone Green bottle. That's an American classic. You know, if 1403 01:24:28,000 --> 01:24:31,080 Speaker 3: you watch the Festivut episode of Seinfeld, Kramer's got it 1404 01:24:31,120 --> 01:24:33,760 Speaker 3: in his pocket. If you've watched Off the Space when 1405 01:24:33,760 --> 01:24:37,599 Speaker 3: they keep moving Milton and his Stapler, he's got his Stanley. 1406 01:24:37,920 --> 01:24:41,080 Speaker 3: The Hammertone Green is bedrock and helped build America. 1407 01:24:42,000 --> 01:24:45,879 Speaker 2: Okay, a couple other questions, FIRA, way, what other products 1408 01:24:45,920 --> 01:24:46,760 Speaker 2: does Stanley have. 1409 01:24:47,160 --> 01:24:53,080 Speaker 3: Yeah, lunchboxes, different drinkwear, specializing in drinkwear and lunchboxes, and 1410 01:24:53,080 --> 01:24:56,720 Speaker 3: then outdoor camping gear. You know how many you know, 1411 01:24:57,640 --> 01:25:00,280 Speaker 3: meals were made around the fire in the outdoor with 1412 01:25:00,400 --> 01:25:03,519 Speaker 3: Stanley over the last you know, seventy five hundred years. 1413 01:25:04,040 --> 01:25:08,280 Speaker 3: Is part again of American heritage and tradition. So so 1414 01:25:08,600 --> 01:25:13,400 Speaker 3: I know that that exists and quality. It's known for 1415 01:25:13,640 --> 01:25:18,080 Speaker 3: just quality and a real rabid core fan base is 1416 01:25:18,120 --> 01:25:23,640 Speaker 3: almost the wrong word, you know, just and advocates and 1417 01:25:24,920 --> 01:25:27,559 Speaker 3: just lovers of the brand. And it almost like a 1418 01:25:27,600 --> 01:25:31,120 Speaker 3: family heirloom and an inheritance. My dad was a Stanley man, 1419 01:25:31,160 --> 01:25:33,599 Speaker 3: my mom was a Stanley woman. That kind of thing. 1420 01:25:34,080 --> 01:25:37,480 Speaker 2: Okay, so you get the job. You're living in Colorado. 1421 01:25:37,640 --> 01:25:41,479 Speaker 2: The companies in Seattle, it's February of twenty twenty. Yeah, 1422 01:25:41,520 --> 01:25:44,840 Speaker 2: do they say you have to move? What happens on 1423 01:25:44,880 --> 01:25:47,080 Speaker 2: that level? And obviously it's the beginning of COVID. 1424 01:25:47,280 --> 01:25:50,840 Speaker 3: Yeah, so was planning on moving to Seattle, had a 1425 01:25:50,840 --> 01:25:55,120 Speaker 3: place downtown ready to roll. And then March or twenty 1426 01:25:55,120 --> 01:26:00,719 Speaker 3: twenty hits and this is I accepted in right before 1427 01:26:00,760 --> 01:26:04,760 Speaker 3: COVID and then COVID hits and I join first week 1428 01:26:04,800 --> 01:26:09,320 Speaker 3: in April. And my first reaction is what did I 1429 01:26:09,400 --> 01:26:13,720 Speaker 3: just do to my life? This high flying? I'm not 1430 01:26:13,760 --> 01:26:16,160 Speaker 3: high flying at all, Bob, I'm a CMO that's had 1431 01:26:16,200 --> 01:26:18,920 Speaker 3: some success at CROCS. What did I just do to 1432 01:26:18,960 --> 01:26:22,120 Speaker 3: my life? There is no office to go to, Seattle 1433 01:26:22,200 --> 01:26:26,920 Speaker 3: is closed. You got to remember, like in twenty twenty, 1434 01:26:26,960 --> 01:26:31,240 Speaker 3: none of us were on teams or we're just zoom 1435 01:26:31,479 --> 01:26:35,240 Speaker 3: like it was occasionally, And so what did I just 1436 01:26:35,280 --> 01:26:40,280 Speaker 3: do to my career? To my life? But you know, 1437 01:26:40,360 --> 01:26:45,000 Speaker 3: I made a decision. We're in it and back to listening. 1438 01:26:45,800 --> 01:26:48,080 Speaker 3: So one of the things that you do when you're 1439 01:26:48,080 --> 01:26:51,080 Speaker 3: a new leader I hope people do, is you listen 1440 01:26:51,080 --> 01:26:53,719 Speaker 3: to your team what should we stop? Start and continue? 1441 01:26:55,360 --> 01:27:01,479 Speaker 3: And on a Friday afternoon, I check in with Lauren Solomon, 1442 01:27:01,680 --> 01:27:06,800 Speaker 3: who is one of Stanley's brilliant saleswomen, and I asked 1443 01:27:06,800 --> 01:27:08,560 Speaker 3: that question, wh should we stop, start and continue? And 1444 01:27:08,600 --> 01:27:13,080 Speaker 3: I've listened to lots of people, and Lauren says, there 1445 01:27:13,120 --> 01:27:17,160 Speaker 3: are these three women in Utah that she has become 1446 01:27:17,200 --> 01:27:22,519 Speaker 3: aware of that have been actually buying this forty ounce 1447 01:27:22,600 --> 01:27:26,120 Speaker 3: adventure tumbler of ours and selling it on their own 1448 01:27:27,720 --> 01:27:35,880 Speaker 3: and they're seeing some success. So my CROCS instincts immediately crackle. Okay, 1449 01:27:35,920 --> 01:27:38,280 Speaker 3: wait what is this? Who are these? And she tells 1450 01:27:38,280 --> 01:27:41,040 Speaker 3: me about these three women who call themselves the buy 1451 01:27:41,120 --> 01:27:44,559 Speaker 3: Guide out in Utah and that they had taken a 1452 01:27:44,600 --> 01:27:50,240 Speaker 3: liking to this quencher, and so the team immediately starts to. 1453 01:27:50,280 --> 01:27:52,519 Speaker 2: Do it, just because we're going back there, firewing. How 1454 01:27:52,520 --> 01:27:53,599 Speaker 2: many were they buy. 1455 01:27:54,240 --> 01:27:58,200 Speaker 3: Hundreds on their own dime and they were taking the risk, 1456 01:28:00,040 --> 01:28:04,160 Speaker 3: and so they were seeing success. And so they had 1457 01:28:04,160 --> 01:28:06,439 Speaker 3: their own following of a few, you know, million or 1458 01:28:06,439 --> 01:28:09,479 Speaker 3: so followers on the by Guide, and we're telling their 1459 01:28:09,600 --> 01:28:12,880 Speaker 3: followers how much they loved this product. And so, again 1460 01:28:12,920 --> 01:28:14,880 Speaker 3: back to what I had just done at CROCS, I 1461 01:28:14,960 --> 01:28:18,120 Speaker 3: recognize this pattern thanks to Lauren pointing it out and 1462 01:28:18,160 --> 01:28:20,320 Speaker 3: the risks that the buy Guide were taking on their 1463 01:28:20,360 --> 01:28:23,800 Speaker 3: own before I showed up. But this is this is 1464 01:28:23,840 --> 01:28:27,320 Speaker 3: gold dust to me. And so we make an arrangement 1465 01:28:27,360 --> 01:28:32,719 Speaker 3: with the buy Guide to have them further evangelize this product, 1466 01:28:33,720 --> 01:28:36,439 Speaker 3: and then with them we started to create new colors. 1467 01:28:37,920 --> 01:28:40,679 Speaker 2: What does that look like? Further evangelize the product? 1468 01:28:40,960 --> 01:28:44,639 Speaker 3: Oh, to get really behind and get paid for it 1469 01:28:45,040 --> 01:28:49,320 Speaker 3: instead of taking the risk getting compensated for the bet 1470 01:28:49,320 --> 01:28:51,320 Speaker 3: that they had already made on this little product on 1471 01:28:51,360 --> 01:28:56,360 Speaker 3: their own and help us start something. And that's how 1472 01:28:56,400 --> 01:29:00,439 Speaker 3: it works. That's social media in a nutshell. And so 1473 01:29:00,479 --> 01:29:04,320 Speaker 3: we started to sell a few thousand and then lots 1474 01:29:04,360 --> 01:29:09,479 Speaker 3: of thousands, all on Stanley nineteen thirteen dot com. And 1475 01:29:09,560 --> 01:29:14,280 Speaker 3: so certainly the margins are great. They're getting they're getting 1476 01:29:14,280 --> 01:29:17,160 Speaker 3: a taste, as we would say back in New Jersey, 1477 01:29:17,840 --> 01:29:22,960 Speaker 3: and we got ourselves a little hit. And then we 1478 01:29:23,040 --> 01:29:26,719 Speaker 3: started to introduce a new another new color or two. 1479 01:29:26,840 --> 01:29:29,280 Speaker 3: And then with this, armed with this data, we could 1480 01:29:29,280 --> 01:29:31,240 Speaker 3: go to some of our key accounts that were just 1481 01:29:31,320 --> 01:29:37,080 Speaker 3: carrying the traditional Stanley's. So we're seeing this unlocked with 1482 01:29:37,160 --> 01:29:41,040 Speaker 3: young women. You should give us two feet of shelf space, 1483 01:29:42,640 --> 01:29:46,320 Speaker 3: and they did, and that two feet became six feet, 1484 01:29:46,479 --> 01:29:49,240 Speaker 3: became eight feet, which became an entire corner of Dick 1485 01:29:49,320 --> 01:29:55,120 Speaker 3: sporting goods and the cultural phenomenon that became the Stanley Quencher. 1486 01:29:55,720 --> 01:29:58,200 Speaker 3: I was born exactly like I described it, more or less, 1487 01:29:58,360 --> 01:30:02,800 Speaker 3: and new colors, new surprises, new collaborations, and what the 1488 01:30:02,880 --> 01:30:06,720 Speaker 3: crux experience that I had. I know how to do 1489 01:30:06,760 --> 01:30:08,599 Speaker 3: some of this stuff. I know how this should work. 1490 01:30:09,560 --> 01:30:13,759 Speaker 3: And we got after collaborations that also changed the entire 1491 01:30:15,120 --> 01:30:16,599 Speaker 3: you know, complexion of the brand. 1492 01:30:17,920 --> 01:30:22,759 Speaker 2: Okay, a little bit more granular. You're having this reaction 1493 01:30:23,160 --> 01:30:26,440 Speaker 2: from the Women in Utah. You're selling on the website. 1494 01:30:26,720 --> 01:30:29,639 Speaker 2: You go to Dick's give us a chance than. 1495 01:30:29,600 --> 01:30:32,880 Speaker 3: What we gave, point to lots of places to say, 1496 01:30:32,880 --> 01:30:35,400 Speaker 3: give us a bigger chance. But we had the math, 1497 01:30:36,320 --> 01:30:39,080 Speaker 3: you know, thanks to our team, thanks to Matt and 1498 01:30:39,520 --> 01:30:44,680 Speaker 3: Helen and others. They were carefully managing these relationships to 1499 01:30:44,800 --> 01:30:48,800 Speaker 3: start to grow it out. But we had the data 1500 01:30:49,240 --> 01:30:51,720 Speaker 3: and so that was another part of the magic. It 1501 01:30:51,760 --> 01:30:54,240 Speaker 3: was all happening on heydude dot com and now we 1502 01:30:54,240 --> 01:30:57,519 Speaker 3: can share it. So it was a safer bet for 1503 01:30:57,680 --> 01:31:00,479 Speaker 3: these big retailers to start to take a chance on us, 1504 01:31:01,120 --> 01:31:03,919 Speaker 3: and for some of these brands, and for Stanley, for everybody. 1505 01:31:04,200 --> 01:31:08,080 Speaker 3: It's been one of the biggest success stories of this century. 1506 01:31:08,320 --> 01:31:12,040 Speaker 2: Uh oh, okay, you got the Women in Utah. Now 1507 01:31:12,080 --> 01:31:15,920 Speaker 2: you're selling on the website. You have these accounts Dix 1508 01:31:15,960 --> 01:31:20,959 Speaker 2: and other plane what is driving adoption? What is driving sales? 1509 01:31:22,120 --> 01:31:25,800 Speaker 3: Well, shelf space for one, and then the use of 1510 01:31:25,800 --> 01:31:31,120 Speaker 3: social media. The buy Guide in particular, starts to get 1511 01:31:31,160 --> 01:31:34,880 Speaker 3: us started in the influencer and affiliate game where we 1512 01:31:34,920 --> 01:31:37,960 Speaker 3: could work with other beyond the buy Guide, affiliates and 1513 01:31:38,040 --> 01:31:42,080 Speaker 3: influencers to start to evangelize this product. And it also 1514 01:31:42,120 --> 01:31:44,840 Speaker 3: starts the fact that it's an incredible product. I mean 1515 01:31:44,880 --> 01:31:48,880 Speaker 3: it starts there. It serves so many purposes, but then 1516 01:31:49,040 --> 01:31:51,920 Speaker 3: it just becomes a cultural phenomenon through our use of 1517 01:31:52,120 --> 01:31:57,000 Speaker 3: social media to evangelize it. There was no TV, there 1518 01:31:57,080 --> 01:32:03,200 Speaker 3: was no radio, There was hardly any traditional marketing behind 1519 01:32:03,479 --> 01:32:07,960 Speaker 3: the Stanley product. It was all through influencers and affiliates 1520 01:32:07,960 --> 01:32:12,080 Speaker 3: and women. And like I said earlier, women create community. 1521 01:32:12,320 --> 01:32:19,040 Speaker 3: They decide what is cool, and they chose authentically the 1522 01:32:19,240 --> 01:32:23,200 Speaker 3: Stanley Quencher, and off it went. And then we would 1523 01:32:23,200 --> 01:32:31,560 Speaker 3: certainly fan the flames with new colors, new accessories, new partnerships. 1524 01:32:32,280 --> 01:32:36,040 Speaker 3: I was on TikTok back to not turning the television 1525 01:32:36,040 --> 01:32:41,120 Speaker 3: on anymore. I was scrolling through TikTok one afternoon and 1526 01:32:42,120 --> 01:32:45,080 Speaker 3: video crossed my for you page of a young artist 1527 01:32:45,200 --> 01:32:50,200 Speaker 3: singing to a pretty sizable audience, and the video was 1528 01:32:50,200 --> 01:32:54,439 Speaker 3: taken from behind her, behind the stage. And let's just 1529 01:32:54,439 --> 01:32:57,559 Speaker 3: say the video made its rounds because of this artist's 1530 01:32:57,640 --> 01:33:03,960 Speaker 3: rather ample backside, And so I then saw a video 1531 01:33:04,120 --> 01:33:09,400 Speaker 3: of this artist commenting on that video and she referred 1532 01:33:09,400 --> 01:33:14,000 Speaker 3: to her backside as her dump truck. I was like, 1533 01:33:14,120 --> 01:33:16,240 Speaker 3: who is this woman? Like, she's so first of all, 1534 01:33:16,240 --> 01:33:19,680 Speaker 3: she's beautiful, second of all, she's just cool and is 1535 01:33:19,840 --> 01:33:23,600 Speaker 3: own this and take ownership of this kind of misogynistic 1536 01:33:24,680 --> 01:33:29,320 Speaker 3: leering video that was on TikTok And wow, who is 1537 01:33:29,360 --> 01:33:33,880 Speaker 3: this woman? So I saw her name and my next 1538 01:33:33,880 --> 01:33:37,599 Speaker 3: move is I go to Spotify and I find her. 1539 01:33:37,640 --> 01:33:42,519 Speaker 3: On Spotify, I find her latest release. I go down 1540 01:33:42,560 --> 01:33:45,640 Speaker 3: the track listing and I see one of the tracks 1541 01:33:46,120 --> 01:33:53,720 Speaker 3: is called Watermelon Moonshine. And with my eyeball, bob, Watermelon 1542 01:33:53,800 --> 01:34:01,120 Speaker 3: Moonshine is a Stanley Quencher color. So I write Ellen 1543 01:34:01,600 --> 01:34:03,639 Speaker 3: on our team, on our product team, I said, hey, 1544 01:34:03,640 --> 01:34:07,920 Speaker 3: can you please create a watermelon moonshine color Quencher. You 1545 01:34:07,960 --> 01:34:12,120 Speaker 3: can't be wrong, And within two days she fires me 1546 01:34:12,240 --> 01:34:17,240 Speaker 3: back a cad of a watermelon Moonshine Quencher. And I 1547 01:34:17,280 --> 01:34:21,240 Speaker 3: reach out to this artist's label on LinkedIn. I connect 1548 01:34:21,280 --> 01:34:24,960 Speaker 3: with Donna McQueen and I said, hey, would you be 1549 01:34:25,040 --> 01:34:29,680 Speaker 3: interested in a Stanley Laney Wilson collaboration because what do 1550 01:34:29,720 --> 01:34:32,960 Speaker 3: you have in mind, and I said, how about watermelon moonshine, 1551 01:34:35,400 --> 01:34:38,920 Speaker 3: and off we went, sold out twice in less than 1552 01:34:38,920 --> 01:34:45,320 Speaker 3: two minutes, and the unboxing videos of Laney Wilson watermelon 1553 01:34:45,360 --> 01:34:51,840 Speaker 3: Moonshine quenchers were everywhere in twenty twenty two. So it's 1554 01:34:51,840 --> 01:34:54,040 Speaker 3: these kind of things that just continued to ignite it. 1555 01:34:54,479 --> 01:34:57,760 Speaker 3: And then lots of other artists and brand collaborations from 1556 01:34:58,200 --> 01:35:02,680 Speaker 3: love Shack Fancy to Wicked, to Olivia Rodrigo to too 1557 01:35:02,680 --> 01:35:06,639 Speaker 3: many to count, all similar to Crocs wanted their own 1558 01:35:06,680 --> 01:35:11,679 Speaker 3: Stanley quencher. And then we were parodied on Saturday Night Live, 1559 01:35:13,560 --> 01:35:17,080 Speaker 3: and then there are riots and target over the latest release, 1560 01:35:19,560 --> 01:35:22,479 Speaker 3: and then it's all over the world. And then of 1561 01:35:22,520 --> 01:35:27,320 Speaker 3: course there's the fire response video that I made that 1562 01:35:28,960 --> 01:35:33,000 Speaker 3: people write about still every single day, which was back 1563 01:35:33,040 --> 01:35:38,120 Speaker 3: to TikTok, my adoption of TikTok personally and moving fast. 1564 01:35:39,360 --> 01:35:41,720 Speaker 2: Tell that story because not everybody's familiar with it. 1565 01:35:43,000 --> 01:35:48,559 Speaker 3: So one Wednesday afternoon, I forwarded by somebody on our 1566 01:35:48,600 --> 01:35:52,479 Speaker 3: team a TikTok video of a woman who's car caught 1567 01:35:52,520 --> 01:35:58,400 Speaker 3: on fire, and she shows the camera her car's caught 1568 01:35:58,439 --> 01:36:01,880 Speaker 3: on fire, and in the couple is her Stanley and 1569 01:36:01,920 --> 01:36:04,360 Speaker 3: she pulls it out of the cup holder and shakes 1570 01:36:04,400 --> 01:36:08,160 Speaker 3: it and it still has ice in it after a 1571 01:36:08,200 --> 01:36:12,040 Speaker 3: car fire. So somebody sent that video to me on 1572 01:36:12,040 --> 01:36:16,680 Speaker 3: a Wednesday, and Wednesday night I wrote the team and 1573 01:36:16,680 --> 01:36:20,240 Speaker 3: said I'm going to buy her a car. I we 1574 01:36:22,240 --> 01:36:24,720 Speaker 3: and the next morning, Thursday morning, I roll into the 1575 01:36:24,760 --> 01:36:27,960 Speaker 3: office in Seattle, and I asked Chloe, one of our 1576 01:36:28,000 --> 01:36:31,200 Speaker 3: young marketing associates, to get the phone that has our 1577 01:36:31,240 --> 01:36:34,160 Speaker 3: TikTok account on it. You know, we have a Stanley 1578 01:36:34,160 --> 01:36:38,000 Speaker 3: phone at the time. It's not my phone. Said bring 1579 01:36:38,000 --> 01:36:41,799 Speaker 3: it into the boardroom with me and merchandise some products 1580 01:36:41,800 --> 01:36:44,240 Speaker 3: behind me. And I said, hold the phone up like 1581 01:36:44,280 --> 01:36:47,960 Speaker 3: it's a selfie. And I said what I said live, 1582 01:36:48,280 --> 01:36:52,240 Speaker 3: no scripts, no briefings, no nonsense. It was just what 1583 01:36:52,400 --> 01:36:54,760 Speaker 3: I think anybody would have done if they happened to 1584 01:36:54,800 --> 01:36:58,679 Speaker 3: be the president of the brand. That this woman has 1585 01:36:58,720 --> 01:37:02,960 Speaker 3: featured our product in the most heroic way a car 1586 01:37:03,000 --> 01:37:07,320 Speaker 3: fire and there's still ice in the Stanley. And I respond, 1587 01:37:07,360 --> 01:37:10,720 Speaker 3: I don't remember exactly what I said anymore, but Danielle, 1588 01:37:10,720 --> 01:37:14,599 Speaker 3: I hope you're safe. Thanks for showing the product in 1589 01:37:14,640 --> 01:37:18,519 Speaker 3: such a wonderful manner. People keep writing that we should 1590 01:37:18,520 --> 01:37:21,519 Speaker 3: buy you some new Stanley's. Well, we're certainly going to 1591 01:37:21,560 --> 01:37:24,479 Speaker 3: buy you some new Stanleys, but we also want to 1592 01:37:24,479 --> 01:37:30,040 Speaker 3: replace your vehicle. And I had to Chloe press send. 1593 01:37:31,240 --> 01:37:35,040 Speaker 3: She said, are you sure? Said yes, and she pressed send, 1594 01:37:35,200 --> 01:37:37,639 Speaker 3: and then it was like a movie. I went back 1595 01:37:37,680 --> 01:37:40,839 Speaker 3: around my day. But then people started texting me Tea, 1596 01:37:41,040 --> 01:37:43,960 Speaker 3: you know, you're blowing up on TikTok. No, my daughter, Dad, 1597 01:37:44,479 --> 01:37:47,800 Speaker 3: you know, like you're blowing up on TikTok and Bob. 1598 01:37:47,840 --> 01:37:51,840 Speaker 3: One hundred million views later, people know that video. They've 1599 01:37:51,840 --> 01:37:54,000 Speaker 3: seen it too many times to count in too many languages, 1600 01:37:54,080 --> 01:37:58,559 Speaker 3: languages I don't even recognize. Well stopped in airports from people, 1601 01:38:00,600 --> 01:38:04,880 Speaker 3: and it solidified the quality of the product. That's what 1602 01:38:04,920 --> 01:38:08,840 Speaker 3: it was about, and taking care of a consumer who 1603 01:38:08,920 --> 01:38:10,880 Speaker 3: we care about. And she was a fan of ours, 1604 01:38:10,880 --> 01:38:13,920 Speaker 3: and I like to think anybody would have done that. 1605 01:38:13,960 --> 01:38:16,400 Speaker 3: I just did it the next day, and I just 1606 01:38:16,479 --> 01:38:18,960 Speaker 3: did it. I didn't script it. I just said it. 1607 01:38:19,160 --> 01:38:21,000 Speaker 3: And maybe that's why I connected, which is what I 1608 01:38:21,000 --> 01:38:24,960 Speaker 3: said earlier. It's authentic, genuine and fast and off it went, 1609 01:38:25,040 --> 01:38:27,160 Speaker 3: and it helped change the complexion of a brand that 1610 01:38:27,200 --> 01:38:27,880 Speaker 3: was already winning. 1611 01:38:29,680 --> 01:38:33,360 Speaker 2: Okay, how did you get her the money, how did 1612 01:38:33,439 --> 01:38:35,559 Speaker 2: she buy the car and what car did she get? 1613 01:38:36,680 --> 01:38:38,559 Speaker 3: So we got in touch with her obviously through TikTok, 1614 01:38:38,560 --> 01:38:40,920 Speaker 3: because she'd seen the response, of course and was blown 1615 01:38:40,960 --> 01:38:43,920 Speaker 3: away by the response. And we just got in touch 1616 01:38:43,960 --> 01:38:46,679 Speaker 3: with her and we asked her what car she wanted 1617 01:38:47,120 --> 01:38:49,120 Speaker 3: and she told us, I can't remember what. We got 1618 01:38:49,160 --> 01:38:55,519 Speaker 3: her a Mazda, a Mazda something, and we contacted the 1619 01:38:55,560 --> 01:38:58,840 Speaker 3: local dealer where she lived in the Washington, d C. 1620 01:39:00,080 --> 01:39:03,880 Speaker 3: Maryland area, and we told the dealership we want to 1621 01:39:03,880 --> 01:39:06,080 Speaker 3: buy it. Let's take care of it all and put 1622 01:39:06,080 --> 01:39:08,599 Speaker 3: the big red ribbon on it and bring it to her. 1623 01:39:09,800 --> 01:39:13,400 Speaker 3: And we did that within four to six weeks of 1624 01:39:13,439 --> 01:39:18,559 Speaker 3: that first video and delivered on our promise, my promise, 1625 01:39:19,439 --> 01:39:22,840 Speaker 3: and really, you know, solidify the quality of the brand 1626 01:39:22,840 --> 01:39:25,360 Speaker 3: where that video is still shown every single day. I 1627 01:39:25,400 --> 01:39:28,200 Speaker 3: had a funny story. One of my best friend Sons 1628 01:39:28,280 --> 01:39:32,600 Speaker 3: is a sophomore at Elon in North Carolina, and he 1629 01:39:32,720 --> 01:39:36,519 Speaker 3: texted me a photo of me on his classroom screen 1630 01:39:36,880 --> 01:39:42,080 Speaker 3: that were talking about marketing, you know moments, and like, 1631 01:39:42,120 --> 01:39:44,280 Speaker 3: you know, Terrence, they're talking about you in my class 1632 01:39:44,400 --> 01:39:49,080 Speaker 3: So that's cool. So it's just it's continually talked about 1633 01:39:49,200 --> 01:39:52,320 Speaker 3: is like a smart marketing move, and it was just 1634 01:39:52,360 --> 01:39:55,080 Speaker 3: a real thing. It wasn't of course, it was marketing. 1635 01:39:55,120 --> 01:39:57,360 Speaker 3: I'm not stupid. People aren't stupid. But it was just 1636 01:39:57,400 --> 01:40:01,280 Speaker 3: a real reaction to something. And you see opportunity for 1637 01:40:01,400 --> 01:40:04,680 Speaker 3: your brand when it's reinforcing your quality and taking care 1638 01:40:04,720 --> 01:40:05,439 Speaker 3: of a customer. 1639 01:40:06,840 --> 01:40:11,840 Speaker 2: Okay, so the change in sales dollar wise for the 1640 01:40:11,840 --> 01:40:12,639 Speaker 2: Stanley Cup. 1641 01:40:14,080 --> 01:40:16,280 Speaker 3: Yeah, So, as I said earlier, when I joined in 1642 01:40:16,320 --> 01:40:21,320 Speaker 3: twenty twenty, Stanley was a seventy million dollar business and 1643 01:40:21,360 --> 01:40:23,840 Speaker 3: as you know, we reported at the end of twenty 1644 01:40:23,880 --> 01:40:27,519 Speaker 3: twenty four we were seven hundred and fifty million, so 1645 01:40:27,920 --> 01:40:30,519 Speaker 3: you know, ten x in four years, and I'm sure 1646 01:40:31,920 --> 01:40:35,960 Speaker 3: those numbers continued in twenty twenty five, so seventy to 1647 01:40:36,000 --> 01:40:40,200 Speaker 3: seven hundred and fifty million in four years. But beyond 1648 01:40:40,200 --> 01:40:43,680 Speaker 3: the dollars, it's the you know what, people don't even 1649 01:40:43,760 --> 01:40:46,559 Speaker 3: know how many times throughout my tenure there and even 1650 01:40:46,560 --> 01:40:50,120 Speaker 3: to this day, people just refer to it as a Stanley, 1651 01:40:51,600 --> 01:40:55,000 Speaker 3: like do you know, like the how amazing that is 1652 01:40:55,720 --> 01:40:58,160 Speaker 3: that people refer to it as like Q tip or 1653 01:40:58,240 --> 01:41:03,360 Speaker 3: Kleenex or z it's the Stanley Like that is the 1654 01:41:04,320 --> 01:41:06,720 Speaker 3: that's the case study and all the things that we 1655 01:41:06,760 --> 01:41:08,760 Speaker 3: did as a team to do that. Why know me, 1656 01:41:08,840 --> 01:41:11,280 Speaker 3: It wasn't me, It was all of us at Stanley. 1657 01:41:11,720 --> 01:41:14,200 Speaker 3: I made some big decisions, hired some great people that 1658 01:41:14,439 --> 01:41:18,960 Speaker 3: ran with things and made it better. But the fact 1659 01:41:19,000 --> 01:41:21,880 Speaker 3: that it's just known around the world and it's known 1660 01:41:21,960 --> 01:41:27,360 Speaker 3: in silhouette as a Stanley that is an incredible thing 1661 01:41:27,800 --> 01:41:30,280 Speaker 3: to have been a part of. And what I shake 1662 01:41:30,320 --> 01:41:33,400 Speaker 3: my head in disbelief no matter where I go, Bob. 1663 01:41:33,439 --> 01:41:36,880 Speaker 3: Like I was at a college campus giving a little 1664 01:41:36,880 --> 01:41:41,320 Speaker 3: presentation a couple of months ago, and walking around the 1665 01:41:41,320 --> 01:41:45,920 Speaker 3: campus before my presentation, I saw nine Stanley's, six pair 1666 01:41:45,960 --> 01:41:50,280 Speaker 3: of crocs and four hey dudes, And I started my 1667 01:41:50,320 --> 01:41:55,080 Speaker 3: presentation saying, what's nine plus six plus four? And all 1668 01:41:55,080 --> 01:41:58,240 Speaker 3: these eager college students raised their hand to yell out 1669 01:41:58,320 --> 01:42:05,200 Speaker 3: nineteen like really really, like now that's my career history 1670 01:42:05,240 --> 01:42:08,960 Speaker 3: on your campus right this morning I saw nine Crocs, 1671 01:42:09,000 --> 01:42:12,040 Speaker 3: six stand or whatever, and and do you want to 1672 01:42:12,040 --> 01:42:14,120 Speaker 3: know how it happened? And that kind of story. 1673 01:42:14,360 --> 01:42:17,639 Speaker 2: So, so how about the other Stanley products? 1674 01:42:18,760 --> 01:42:21,320 Speaker 3: Yeah, well, the rising tide lifts all boats, right, so 1675 01:42:22,000 --> 01:42:25,040 Speaker 3: you know, Stanley became some of the fun stuff was 1676 01:42:25,080 --> 01:42:30,639 Speaker 3: seeing dads who have their green Stanley convincing their daughters 1677 01:42:30,680 --> 01:42:33,120 Speaker 3: on TikTok that these daughters like, Dad, I need to Stanley. 1678 01:42:33,160 --> 01:42:36,560 Speaker 3: This is new, this new company is new, and it's like, sweetie, 1679 01:42:36,920 --> 01:42:39,960 Speaker 3: like I've had this Stanley for forty years, or this 1680 01:42:40,080 --> 01:42:43,200 Speaker 3: was your grandfather's Wait no it wasn't, dad like those 1681 01:42:43,280 --> 01:42:46,040 Speaker 3: kind of fun things to enhance the brand, and then 1682 01:42:46,080 --> 01:42:49,679 Speaker 3: new product introductions back to build the core and add more. 1683 01:42:49,920 --> 01:42:51,839 Speaker 3: In this case, we did it a little bit differently. 1684 01:42:51,880 --> 01:42:55,519 Speaker 3: We started from the outer and worked in to increase 1685 01:42:55,600 --> 01:43:00,920 Speaker 3: all the different categories that Stanley had and it's incredible 1686 01:43:00,960 --> 01:43:04,120 Speaker 3: success story beyond just the Quencher, but the Quencher is 1687 01:43:04,160 --> 01:43:09,400 Speaker 3: a global phenomenon that is a real incredible thing that 1688 01:43:09,400 --> 01:43:09,960 Speaker 3: the team did. 1689 01:43:10,880 --> 01:43:13,479 Speaker 2: Okay, you're no longer there, although you're there for a while. 1690 01:43:14,360 --> 01:43:17,479 Speaker 2: How do you prevent it from being a fad? 1691 01:43:19,680 --> 01:43:25,360 Speaker 3: By introducing newness, by continuing to surprise and delight with 1692 01:43:25,479 --> 01:43:32,280 Speaker 3: new collaborations with new colors, materials, finishes, accessories, all of 1693 01:43:32,320 --> 01:43:35,439 Speaker 3: those ways, and then great merchandising too, you know, and 1694 01:43:35,479 --> 01:43:40,320 Speaker 3: with you know, great partners who are giving you shelf space. 1695 01:43:40,439 --> 01:43:47,120 Speaker 3: For two to really give authenticity and you know, so 1696 01:43:47,160 --> 01:43:51,280 Speaker 3: many brands, so many consumers look for their retailers to 1697 01:43:51,360 --> 01:43:56,000 Speaker 3: give them the to be the editor right of this 1698 01:43:56,080 --> 01:43:58,360 Speaker 3: is what's cool, this is what they should have. And 1699 01:43:58,360 --> 01:44:01,200 Speaker 3: when you've got that incredible shelf space, you want to 1700 01:44:01,240 --> 01:44:06,320 Speaker 3: continue to innovate around it and build scarcity. That was 1701 01:44:06,360 --> 01:44:09,080 Speaker 3: the other thing that we did really really well at 1702 01:44:09,200 --> 01:44:11,880 Speaker 3: Stanley and Crocs. What I learned at Crocs. You know, 1703 01:44:11,920 --> 01:44:14,160 Speaker 3: the reason why the post malone sold out in a 1704 01:44:14,200 --> 01:44:16,920 Speaker 3: second is because there weren't a lot of them. And 1705 01:44:17,040 --> 01:44:21,439 Speaker 3: people want what they cannot have. And so the more 1706 01:44:21,479 --> 01:44:24,599 Speaker 3: you do that, you don't want to frustrate that could 1707 01:44:24,600 --> 01:44:28,840 Speaker 3: happen to but you want to people want what they 1708 01:44:28,880 --> 01:44:31,400 Speaker 3: cannot have, and so when you balance that really well, 1709 01:44:31,720 --> 01:44:35,200 Speaker 3: it extends things. But also it has to be a 1710 01:44:35,240 --> 01:44:40,200 Speaker 3: great product. Crocs are a great product. Stanley is a 1711 01:44:40,200 --> 01:44:45,400 Speaker 3: great product. Hey dude, it's a great product. So fads 1712 01:44:45,439 --> 01:44:48,719 Speaker 3: come and go. Great products stand the test of time. 1713 01:44:56,640 --> 01:44:59,920 Speaker 2: Okay, So you have this great success with a quench 1714 01:45:01,479 --> 01:45:05,400 Speaker 2: and you are aware of scarcity works for you, how 1715 01:45:05,439 --> 01:45:08,280 Speaker 2: do you decide how many to make and where to 1716 01:45:08,320 --> 01:45:10,320 Speaker 2: put them? 1717 01:45:10,400 --> 01:45:13,520 Speaker 3: A little bit of feel, a little bit of Instagram followers, 1718 01:45:14,000 --> 01:45:21,120 Speaker 3: a little bit of sign ups for to be notified 1719 01:45:21,160 --> 01:45:23,680 Speaker 3: of the next launch of things. So all of that 1720 01:45:23,720 --> 01:45:26,960 Speaker 3: goes into the calculus of how many you want to create. 1721 01:45:28,080 --> 01:45:29,880 Speaker 3: And again, if we're working with artists, we do a 1722 01:45:29,880 --> 01:45:34,200 Speaker 3: little bit of Instagram follower math, but we we want 1723 01:45:34,200 --> 01:45:37,439 Speaker 3: to typically you know, sell out, you know, that's what 1724 01:45:37,600 --> 01:45:42,160 Speaker 3: keeps the fire going. We want to put a cap 1725 01:45:42,200 --> 01:45:45,479 Speaker 3: on it, and we always did, certainly while I was there. 1726 01:45:46,960 --> 01:45:50,960 Speaker 2: What's the best way to introduce splash make people aware 1727 01:45:51,320 --> 01:45:55,000 Speaker 2: that there's one of these new limited products social media. 1728 01:45:55,280 --> 01:45:57,679 Speaker 3: Certainly, if it's an artist, they're going to tell their fans, 1729 01:45:58,200 --> 01:46:01,679 Speaker 3: you know, Landy Wilson, Hey, y'all, well, my new watermelon 1730 01:46:01,720 --> 01:46:06,160 Speaker 3: moonshine is dropping and her fans devour that, as do 1731 01:46:06,280 --> 01:46:10,200 Speaker 3: the artists and brand choices that the brands choose to 1732 01:46:10,240 --> 01:46:16,760 Speaker 3: work with. So it's certainly social Obviously, email notification and 1733 01:46:17,080 --> 01:46:20,800 Speaker 3: you know, sending an announcement or an invitation to our 1734 01:46:22,680 --> 01:46:26,840 Speaker 3: guest lists of who is following the brand. And then 1735 01:46:26,920 --> 01:46:30,960 Speaker 3: obviously in store, some of our target launches caused complete 1736 01:46:30,960 --> 01:46:36,680 Speaker 3: and total chaos and target stores where certainly towards the 1737 01:46:36,760 --> 01:46:39,200 Speaker 3: end of my tenure, maybe still today, I don't know, 1738 01:46:39,560 --> 01:46:43,320 Speaker 3: you know, there was a two limit, you know, two 1739 01:46:43,400 --> 01:46:46,439 Speaker 3: quencher limit that you could purchase, so that caused an 1740 01:46:46,439 --> 01:46:50,639 Speaker 3: additional frenzy and in some cases some really terrible behavior 1741 01:46:50,680 --> 01:46:54,400 Speaker 3: from customers. And with the iPhone, you know, those things 1742 01:46:54,479 --> 01:46:57,040 Speaker 3: get on video and those are all over the news, 1743 01:46:58,640 --> 01:47:01,280 Speaker 3: and that doesn't really hurt a brand. It shows the frenzy, 1744 01:47:01,320 --> 01:47:02,960 Speaker 3: but it's not something that you're after. You don't want 1745 01:47:02,960 --> 01:47:04,920 Speaker 3: anybody get hurt and you're not looking for that. It's 1746 01:47:05,000 --> 01:47:07,160 Speaker 3: just the Sometimes it brings out the worst in people. 1747 01:47:08,280 --> 01:47:11,240 Speaker 2: So you have all the success at Crocs in Stanley, 1748 01:47:11,720 --> 01:47:16,080 Speaker 2: to what degree did these companies do corporate publicity? 1749 01:47:18,760 --> 01:47:23,479 Speaker 3: Very little, very little? You know, Crocs then and now 1750 01:47:23,600 --> 01:47:27,360 Speaker 3: is a very humble brand, despite an incredible track record 1751 01:47:27,400 --> 01:47:30,720 Speaker 3: from you know, decades long track record of success and 1752 01:47:30,800 --> 01:47:35,080 Speaker 3: global success. Hey dude, we I'm sorry Stanley. 1753 01:47:35,120 --> 01:47:36,640 Speaker 2: We did one. 1754 01:47:38,400 --> 01:47:41,840 Speaker 3: CNBC piece where they came out to interview me and 1755 01:47:41,880 --> 01:47:46,840 Speaker 3: some colleagues in Seattle, and but not too much you 1756 01:47:46,880 --> 01:47:49,000 Speaker 3: know press, you know, a couple of articles from the 1757 01:47:49,000 --> 01:47:52,360 Speaker 3: President to talk about the brand, but it was by 1758 01:47:52,439 --> 01:47:58,840 Speaker 3: and large consumer consumer press, entertainment press, culture press that 1759 01:47:59,000 --> 01:48:00,960 Speaker 3: helped continue to fan the flames. 1760 01:48:00,720 --> 01:48:02,680 Speaker 2: Okay, did you have a PR person or was it 1761 01:48:02,680 --> 01:48:03,400 Speaker 2: all organic? 1762 01:48:03,760 --> 01:48:07,320 Speaker 3: All the above, all the above, terrific PR person who 1763 01:48:07,360 --> 01:48:10,720 Speaker 3: managed those things, and then some of the PR was 1764 01:48:10,840 --> 01:48:14,559 Speaker 3: just organic, you know. And the car fire spawned lots 1765 01:48:14,560 --> 01:48:18,479 Speaker 3: of articles, and the frenzy caused lots of articles, and 1766 01:48:18,560 --> 01:48:21,599 Speaker 3: not all of them were good. There was one article 1767 01:48:21,600 --> 01:48:26,000 Speaker 3: I remember reading that, you know, some of the frenzy 1768 01:48:26,040 --> 01:48:28,639 Speaker 3: that was occurring was you know, it's not the best 1769 01:48:28,680 --> 01:48:33,080 Speaker 3: of human behavior, and people were blaming me for it 1770 01:48:33,200 --> 01:48:36,800 Speaker 3: by name like, well, you're all fast something like I'm 1771 01:48:36,840 --> 01:48:39,760 Speaker 3: paraphrasing it. But while we're all quick to blame all 1772 01:48:39,760 --> 01:48:43,960 Speaker 3: the women who are beating each other up and pulling 1773 01:48:44,000 --> 01:48:47,240 Speaker 3: hair at Target, shouldn't we really be blaming Terrence Riley? 1774 01:48:48,040 --> 01:48:51,360 Speaker 3: Like you know, these kind of things start to, you know, 1775 01:48:51,439 --> 01:48:55,400 Speaker 3: creep into your life. 1776 01:48:54,000 --> 01:48:57,560 Speaker 2: Okay, just to stay there. Yeah, did you respond? 1777 01:48:57,840 --> 01:48:59,160 Speaker 3: Never? No? No, no, no, no. 1778 01:49:00,800 --> 01:49:02,760 Speaker 2: I mean I know that from my own life. You 1779 01:49:02,880 --> 01:49:06,240 Speaker 2: never respond. That's their goal. But did you know that 1780 01:49:06,479 --> 01:49:09,920 Speaker 2: because your knowledge of social media that you don't respond. 1781 01:49:09,800 --> 01:49:16,280 Speaker 3: No, just instinct or you know, you know, what's have 1782 01:49:16,320 --> 01:49:20,080 Speaker 3: you ever seen a movie Chef with Jon Favreau and uh, 1783 01:49:20,200 --> 01:49:23,160 Speaker 3: what's his name? The reporter at theater goes, I buy 1784 01:49:23,240 --> 01:49:27,439 Speaker 3: ink by the barrel, buddy, Like, you're not gonna you know, 1785 01:49:27,680 --> 01:49:30,760 Speaker 3: you're not gonna win that. In fact, the car fire video, 1786 01:49:31,320 --> 01:49:34,760 Speaker 3: you know that the PR folks and the PR agencies 1787 01:49:34,800 --> 01:49:37,080 Speaker 3: and all the PR pundits were saying, like, you got 1788 01:49:37,080 --> 01:49:39,000 Speaker 3: to make a big deal out of giving her the car. 1789 01:49:40,320 --> 01:49:42,439 Speaker 3: And you know, we were invited on the Today Show 1790 01:49:42,560 --> 01:49:46,439 Speaker 3: or Good Morning America one of those things, and listen like, 1791 01:49:47,840 --> 01:49:51,760 Speaker 3: I'm of the same ego as any of us, Like, hey, 1792 01:49:51,800 --> 01:49:54,040 Speaker 3: to go on the Today Show as a marketer or 1793 01:49:54,080 --> 01:49:58,759 Speaker 3: Good Morning or whatever. It was, yeah, like that's of course, 1794 01:49:59,040 --> 01:50:02,800 Speaker 3: that's it's not that you're suppose to do that, but it 1795 01:50:02,920 --> 01:50:05,360 Speaker 3: kind of would have ruined it. Like my response was 1796 01:50:05,439 --> 01:50:08,120 Speaker 3: just real, it was just me. I happened to be 1797 01:50:08,160 --> 01:50:11,960 Speaker 3: the president. But it wasn't some focus group, let's talk 1798 01:50:12,000 --> 01:50:13,320 Speaker 3: to a bunch of people and get a lot of 1799 01:50:13,360 --> 01:50:15,559 Speaker 3: points of view. It was just me. The next morning, 1800 01:50:15,800 --> 01:50:19,200 Speaker 3: most people didn't even know I did it. And so 1801 01:50:19,720 --> 01:50:21,759 Speaker 3: then hey, let's give her the car on the Today 1802 01:50:21,840 --> 01:50:25,720 Speaker 3: Show and do that whole thing. And I wanted to, 1803 01:50:26,200 --> 01:50:29,000 Speaker 3: but it was my mother. I told her, I said, hey, 1804 01:50:29,040 --> 01:50:32,000 Speaker 3: we're going on Today Show and my mom said, don't 1805 01:50:32,000 --> 01:50:35,439 Speaker 3: do that. I said, why your son? You know, I 1806 01:50:35,439 --> 01:50:37,080 Speaker 3: want to make you proud. Mom, your son's on the 1807 01:50:37,080 --> 01:50:41,599 Speaker 3: Today Show. She goes, don't do it, and she was right. 1808 01:50:42,840 --> 01:50:44,720 Speaker 2: Well, she said don't do it. Why did she say 1809 01:50:44,760 --> 01:50:45,280 Speaker 2: not to do it? 1810 01:50:45,320 --> 01:50:49,799 Speaker 3: Because she knew it would it would ruin it because 1811 01:50:49,840 --> 01:50:52,720 Speaker 3: it was real and it was real, and so if 1812 01:50:52,720 --> 01:50:55,080 Speaker 3: we started to put a shine on it and started 1813 01:50:55,120 --> 01:50:58,880 Speaker 3: to catch our own bouquets, it just wouldn't It wouldn't 1814 01:50:58,880 --> 01:51:01,080 Speaker 3: have been right, you know. And so she grew up 1815 01:51:01,120 --> 01:51:04,160 Speaker 3: in the Bronx. She's as real as it gets. She 1816 01:51:04,400 --> 01:51:06,320 Speaker 3: was right. So always listen to your mother. 1817 01:51:07,840 --> 01:51:15,599 Speaker 2: Okay, you had this incredible success. Were you compensated accordingly? Sure? 1818 01:51:15,960 --> 01:51:16,360 Speaker 5: Yeah? 1819 01:51:16,520 --> 01:51:21,280 Speaker 2: Yeah? Did all right? Okay, so then maybe you say, 1820 01:51:21,320 --> 01:51:24,679 Speaker 2: instead of getting a new job, I'm not gonna work again. 1821 01:51:27,000 --> 01:51:31,120 Speaker 3: My parents are from the Bronx. My father fixed typewriters 1822 01:51:31,280 --> 01:51:37,240 Speaker 3: in a suit in the sixties seventies. That's not what 1823 01:51:37,280 --> 01:51:43,040 Speaker 3: you do. So it's not about the money. I made 1824 01:51:43,080 --> 01:51:45,080 Speaker 3: more money than I'd ever thought i'd make in my life. 1825 01:51:45,200 --> 01:51:48,479 Speaker 3: Like I did, I did well, you know, I think 1826 01:51:48,520 --> 01:51:51,040 Speaker 3: my guidance counselor in high school told my parents I'd 1827 01:51:51,040 --> 01:51:56,800 Speaker 3: been underachiever. It's not about that. It's never been about that. 1828 01:51:58,280 --> 01:52:00,320 Speaker 3: I can't believe I'm in the spot, Bob. I can't 1829 01:52:00,320 --> 01:52:02,080 Speaker 3: believe I'm talking to you. I'm actually wondering what the 1830 01:52:02,080 --> 01:52:03,680 Speaker 3: hell makes me interesting that you'd have me on your 1831 01:52:03,680 --> 01:52:08,160 Speaker 3: podcast when I see your guest list. But I've somehow, 1832 01:52:08,320 --> 01:52:11,040 Speaker 3: with your great teams, connected with culture more than once. 1833 01:52:11,280 --> 01:52:13,560 Speaker 3: You know, you walk down the street, you're going to 1834 01:52:13,600 --> 01:52:16,920 Speaker 3: see people wearing crocs, carrying Stanley's and wearing hay Dudes. 1835 01:52:17,360 --> 01:52:19,960 Speaker 3: And I had a little something to do with all 1836 01:52:20,000 --> 01:52:26,479 Speaker 3: of that, and so that's a pretty cool thing. So now, hey, dude, 1837 01:52:27,200 --> 01:52:30,080 Speaker 3: is this eight hundred million dollar company that most people 1838 01:52:30,120 --> 01:52:33,920 Speaker 3: don't know about, Like, we could make hay Do the 1839 01:52:33,960 --> 01:52:36,679 Speaker 3: leading casual footwear brand in the world. Why not us? 1840 01:52:37,600 --> 01:52:41,200 Speaker 3: That's worth a shot, and I'm taking it. And I 1841 01:52:41,200 --> 01:52:44,240 Speaker 3: could have stayed selling a lot of Quenchers. Okay, you 1842 01:52:44,439 --> 01:52:48,160 Speaker 3: just expressed a level of confidence in yourself, and you 1843 01:52:48,240 --> 01:52:52,600 Speaker 3: talked about not having confidence in the high school. What 1844 01:52:52,800 --> 01:52:56,400 Speaker 3: triggered the confidence? No, I don't think I have any confidence. 1845 01:52:56,479 --> 01:52:59,479 Speaker 3: I'm just confident that with a great team we could 1846 01:52:59,560 --> 01:53:01,839 Speaker 3: turn hate dude into one of the leading casual footwear 1847 01:53:01,840 --> 01:53:05,720 Speaker 3: brands in the world because it's open space. Who is 1848 01:53:05,760 --> 01:53:08,120 Speaker 3: the leading casual footwear brand in the world. If I 1849 01:53:08,160 --> 01:53:11,160 Speaker 3: ask ten people, I get ten different answers, all great companies, 1850 01:53:11,960 --> 01:53:16,040 Speaker 3: and so why not, hay dude, because we're a great 1851 01:53:16,080 --> 01:53:19,840 Speaker 3: little product. And so that's the thrill of it. It's 1852 01:53:19,880 --> 01:53:23,920 Speaker 3: back to what's around the corner, that insatiable curiosity and 1853 01:53:23,960 --> 01:53:28,040 Speaker 3: the unmistakable sense of what's possible. This might be possible, 1854 01:53:28,560 --> 01:53:31,000 Speaker 3: and so I should try it. 1855 01:53:31,200 --> 01:53:34,440 Speaker 2: Okay, but let's let's go back. How did you decide 1856 01:53:34,479 --> 01:53:39,839 Speaker 2: to leave Stanley in addition not having the president's titlely 1857 01:53:39,960 --> 01:53:40,599 Speaker 2: your new role? 1858 01:53:43,520 --> 01:53:46,639 Speaker 3: Well, I am the president of Hey dude, Oh you are? 1859 01:53:46,720 --> 01:53:49,639 Speaker 3: I am? Yes, so ali of miss No, that's okay. 1860 01:53:49,720 --> 01:53:53,280 Speaker 3: So CROCS has a brilliant CEO for many many years. 1861 01:53:54,280 --> 01:53:56,400 Speaker 3: He was the one that gave me the CMO job 1862 01:53:56,640 --> 01:54:00,000 Speaker 3: at CrOx and he's still there. Anderye is an absolute 1863 01:54:00,280 --> 01:54:06,360 Speaker 3: brilliant man, highest of integrity. And Crocs. The president of 1864 01:54:06,400 --> 01:54:09,640 Speaker 3: CrOx is Ann Melman, who's equally talented. She used to 1865 01:54:09,680 --> 01:54:13,280 Speaker 3: be the CFO of CrOx and now hey dude, I'm 1866 01:54:13,320 --> 01:54:15,559 Speaker 3: the new president of Hey dude. So two presidents of 1867 01:54:15,600 --> 01:54:21,040 Speaker 3: two brands reporting into the CEO of Crocs, and it 1868 01:54:21,120 --> 01:54:23,280 Speaker 3: was just an exciting opportunity to again get the keys 1869 01:54:23,280 --> 01:54:25,479 Speaker 3: to an eight hundred plus million dollar footwear brand. Who 1870 01:54:25,479 --> 01:54:28,479 Speaker 3: gets that in life it shouldn't be me in my head, 1871 01:54:28,720 --> 01:54:30,920 Speaker 3: but somebody believes in me and is believed in me before. 1872 01:54:31,400 --> 01:54:34,680 Speaker 3: So driver like you Stole It, Bob. One of my 1873 01:54:34,720 --> 01:54:38,640 Speaker 3: favorite movies of the recent era is sing Street and 1874 01:54:39,360 --> 01:54:40,960 Speaker 3: driver It like You Stole It is one of the 1875 01:54:41,000 --> 01:54:44,560 Speaker 3: songs in singh Street. So somebody threw me the keys 1876 01:54:44,960 --> 01:54:46,760 Speaker 3: like they have before, and I'm going to drive it 1877 01:54:46,880 --> 01:54:48,840 Speaker 3: like I stole it and encourage our teams to do 1878 01:54:48,880 --> 01:54:53,440 Speaker 3: the same thing because it's possible. And I've just happened 1879 01:54:53,440 --> 01:54:55,000 Speaker 3: to be to live that more than once. 1880 01:54:56,080 --> 01:55:00,160 Speaker 2: Okay, you're at Stanley, you're having this great success. How 1881 01:55:00,200 --> 01:55:05,200 Speaker 2: does this opportunity come on your radar? And how hard 1882 01:55:05,240 --> 01:55:06,760 Speaker 2: of his decision is it to leave? 1883 01:55:08,080 --> 01:55:11,520 Speaker 3: Well, the CEO of Crocs were hired me once before 1884 01:55:11,560 --> 01:55:15,200 Speaker 3: as the CMO. So I got a call say, hey, 1885 01:55:15,200 --> 01:55:18,760 Speaker 3: would you be interested in coming back? And I was 1886 01:55:20,480 --> 01:55:22,240 Speaker 3: you know you're a skier, right Bob? 1887 01:55:22,280 --> 01:55:24,120 Speaker 2: And oh yeah, you know. 1888 01:55:24,040 --> 01:55:25,640 Speaker 3: What happens when you get to the top of the mountain. 1889 01:55:26,720 --> 01:55:29,320 Speaker 3: He turned back down and I got to the top 1890 01:55:29,400 --> 01:55:33,840 Speaker 3: of the mountain at Stanley, my mountain at least, and 1891 01:55:33,920 --> 01:55:37,560 Speaker 3: I believe there's certainly maybe a couple of a couple 1892 01:55:37,600 --> 01:55:42,200 Speaker 3: more feet first Stanley to climb, but then more at 1893 01:55:42,240 --> 01:55:45,920 Speaker 3: Stanley than anybody dreamed possible, certainly more than I dream possible, 1894 01:55:45,960 --> 01:55:48,320 Speaker 3: although I dream big. This is a whole other level 1895 01:55:48,320 --> 01:55:52,680 Speaker 3: of So give the keys to Matt Navarro, the guy 1896 01:55:52,720 --> 01:55:56,280 Speaker 3: who I had the good fortune to hire, helped me 1897 01:55:56,400 --> 01:55:59,960 Speaker 3: build Stanley, and now he's the new president of Stanley. 1898 01:56:01,560 --> 01:56:03,880 Speaker 3: It doesn't get better than that. When I was a 1899 01:56:03,960 --> 01:56:09,440 Speaker 3: CMO of CROCS, I hired Heidi Cooley, and when I 1900 01:56:09,520 --> 01:56:12,640 Speaker 3: left CROCS, she took over a CMO and what she's 1901 01:56:12,680 --> 01:56:15,600 Speaker 3: done with Crocs's more than I ever did with Crocs. 1902 01:56:16,400 --> 01:56:18,880 Speaker 3: So like this, these are gifts that I've been given, 1903 01:56:19,040 --> 01:56:21,320 Speaker 3: and I think I've passed it on a little bit. 1904 01:56:21,440 --> 01:56:25,120 Speaker 3: And both of these brands will flourish thanks to other 1905 01:56:25,160 --> 01:56:28,680 Speaker 3: great leaders that I happen to bring on board. And boy, 1906 01:56:28,760 --> 01:56:32,200 Speaker 3: that's a pretty cool little coaching tree to borrow football parlance. 1907 01:56:32,880 --> 01:56:36,080 Speaker 2: Okay, so you have this great success and it's a 1908 01:56:36,120 --> 01:56:39,680 Speaker 2: public success. Did other offers come down the pike? 1909 01:56:40,840 --> 01:56:45,840 Speaker 3: Yes, yeah, okay, Yeah, a lot of people called, but 1910 01:56:46,040 --> 01:56:51,160 Speaker 3: it just wasn't right. There's it wasn't right. You know. 1911 01:56:51,200 --> 01:56:55,360 Speaker 3: I think what you want to bring, like you want 1912 01:56:55,360 --> 01:56:58,200 Speaker 3: to win the Super Bowl with the Browns, you know, 1913 01:56:58,480 --> 01:57:00,400 Speaker 3: you want to win the Super Bowl with the Lions 1914 01:57:01,120 --> 01:57:04,760 Speaker 3: or the Bills or the Vikings. Right. A lot of 1915 01:57:04,760 --> 01:57:07,600 Speaker 3: the brands that were calling just they were already successful. 1916 01:57:07,960 --> 01:57:11,280 Speaker 3: They were already They didn't need that, and I wouldn't 1917 01:57:11,280 --> 01:57:15,760 Speaker 3: get no satisfaction out of that. Hey, dude's also really successful, 1918 01:57:15,800 --> 01:57:18,520 Speaker 3: but there's more to go get and there's a lot 1919 01:57:18,560 --> 01:57:20,240 Speaker 3: of people that don't know about it. And now that's 1920 01:57:20,280 --> 01:57:23,440 Speaker 3: my job with a great team to fix it. That's stuff. 1921 01:57:24,040 --> 01:57:26,320 Speaker 3: And if we can do that and we already are, 1922 01:57:28,080 --> 01:57:30,800 Speaker 3: that's like bringing the Browns or the Lions or you know, 1923 01:57:30,840 --> 01:57:34,760 Speaker 3: to the super Bowl, and that's what you want, right, Okay. 1924 01:57:35,080 --> 01:57:41,600 Speaker 2: When Jeffrey Katzenberg was number two at Disney, the expression was, 1925 01:57:42,280 --> 01:57:45,000 Speaker 2: if you don't come in on Saturday, don't even think 1926 01:57:45,000 --> 01:57:49,200 Speaker 2: about coming in on Sunday. So are you the type 1927 01:57:49,200 --> 01:57:51,480 Speaker 2: of person who's essentially working around the clock, And is 1928 01:57:51,520 --> 01:57:52,640 Speaker 2: that what it's required. 1929 01:57:53,560 --> 01:57:55,960 Speaker 3: I don't have an off button, but I do not 1930 01:57:56,160 --> 01:58:02,640 Speaker 3: expect that from anyone. I rarely emails on the weekends. Rarely, 1931 01:58:02,720 --> 01:58:06,000 Speaker 3: I mean once every two or three months, that kind 1932 01:58:06,040 --> 01:58:11,160 Speaker 3: of rare. I'm always on and I'm always looking for 1933 01:58:11,200 --> 01:58:16,240 Speaker 3: the connections that can ignite a brand. And see Landy Wilson, 1934 01:58:16,280 --> 01:58:19,800 Speaker 3: see Luke Combe, see all of the car fires, see 1935 01:58:19,800 --> 01:58:24,160 Speaker 3: all that. So my antenna is always up. But that's 1936 01:58:24,200 --> 01:58:29,400 Speaker 3: just a personal wiring. I'm highly competitive. I want to 1937 01:58:29,400 --> 01:58:32,080 Speaker 3: win at part cheesy if that still exists, and I 1938 01:58:32,080 --> 01:58:34,320 Speaker 3: also want to win on the peloton. I want to win. 1939 01:58:35,680 --> 01:58:38,440 Speaker 3: So I don't know where that competitive fire started to happen. 1940 01:58:40,560 --> 01:58:42,000 Speaker 3: And I'm not always going to win. And I don't 1941 01:58:42,000 --> 01:58:46,360 Speaker 3: win everything, not even close, you know. But I try 1942 01:58:46,400 --> 01:58:50,840 Speaker 3: and be the best that I can be as often 1943 01:58:50,840 --> 01:58:54,680 Speaker 3: as possible, and it's somehow kind of worked. 1944 01:58:56,480 --> 01:58:59,520 Speaker 2: Okay, so what is your favorite Springsteen album? 1945 01:59:00,600 --> 01:59:04,280 Speaker 3: Oh? You went albums? Uh favorite Springsteen album is The River? 1946 01:59:06,160 --> 01:59:08,920 Speaker 2: Okay, Well you said albums, so then you were well 1947 01:59:09,040 --> 01:59:10,480 Speaker 2: you thought I was gonna ask tracks. 1948 01:59:10,800 --> 01:59:12,000 Speaker 3: Oh I didn't know what you're gonna ask me. I 1949 01:59:12,080 --> 01:59:14,440 Speaker 3: just wanted to. I'm from New Jersey, so it's the law. 1950 01:59:14,920 --> 01:59:22,520 Speaker 3: So my favorite Bruce song would have to be Frankie, 1951 01:59:22,600 --> 01:59:25,320 Speaker 3: but nobody knows that one. And so the one I 1952 01:59:25,320 --> 01:59:27,800 Speaker 3: listened to the most to get fired up is Growing 1953 01:59:27,880 --> 01:59:31,320 Speaker 3: Up Live off of seventy five eighty five, the live version, 1954 01:59:31,720 --> 01:59:32,320 Speaker 3: because it's. 1955 01:59:32,200 --> 01:59:34,880 Speaker 2: Yeah, yeah, I know, certainly know the song. My favorite, 1956 01:59:34,880 --> 01:59:37,440 Speaker 2: my what I used to get fired up was Candy's 1957 01:59:37,520 --> 01:59:41,000 Speaker 2: Room of course off Darkness. So did you see the 1958 01:59:41,120 --> 01:59:43,680 Speaker 2: River tour a few years ago when he redid it? 1959 01:59:43,760 --> 01:59:46,880 Speaker 3: I did? I did. I've seen him on every tour since. 1960 01:59:46,880 --> 01:59:50,160 Speaker 3: Born in the USA. That's when you know again, as 1961 01:59:50,160 --> 01:59:52,320 Speaker 3: an eighteen year old in New Jersey in nineteen eighty 1962 01:59:52,320 --> 01:59:55,560 Speaker 3: four eighty five, you know, you talk about a local hero. 1963 01:59:56,360 --> 01:59:59,240 Speaker 3: And I've been chasing that ever since. I've seen Bruce 1964 01:59:59,280 --> 02:00:02,440 Speaker 3: more than seven times and five different countries, and I'm 1965 02:00:02,480 --> 02:00:03,320 Speaker 3: one of those guys. 1966 02:00:05,240 --> 02:00:05,960 Speaker 2: But it's. 1967 02:00:07,320 --> 02:00:11,920 Speaker 3: It's chasing something that hit me. It got into my veins. 1968 02:00:11,960 --> 02:00:14,960 Speaker 3: August nineteenth, nineteen eighty five, was the first concert I 1969 02:00:14,960 --> 02:00:18,200 Speaker 3: ever went to of anybody, and it was Bruce at 1970 02:00:18,240 --> 02:00:22,480 Speaker 3: Giant Stadium. And what I've been chasing Bob is, they say, 1971 02:00:22,560 --> 02:00:26,160 Speaker 3: certainly the music and his performance and the band in 1972 02:00:26,200 --> 02:00:30,760 Speaker 3: the street band, But the moment when the house lights 1973 02:00:30,800 --> 02:00:38,400 Speaker 3: go down is my favorite moment in life. And time 1974 02:00:38,640 --> 02:00:43,720 Speaker 3: stands still for those twenty thirty seconds when the lights 1975 02:00:43,760 --> 02:00:46,640 Speaker 3: go You've been waiting for it, right and the lights 1976 02:00:46,680 --> 02:00:49,040 Speaker 3: go down, and there's the roar of the crowd, and 1977 02:00:49,080 --> 02:00:53,919 Speaker 3: then the band comes out one by one and it's happening, 1978 02:00:54,760 --> 02:00:58,040 Speaker 3: but it hasn't happened yet, and time stands still in 1979 02:00:58,080 --> 02:01:01,520 Speaker 3: this space. And then he comes out out last, and 1980 02:01:01,600 --> 02:01:04,920 Speaker 3: he comes to the mic and he counts off, and 1981 02:01:04,960 --> 02:01:10,280 Speaker 3: the minute he starts counting off, it's over because it 1982 02:01:10,280 --> 02:01:16,440 Speaker 3: it's now, it's it's ending, it's and that time stands 1983 02:01:16,440 --> 02:01:19,880 Speaker 3: still in those precious twenty to thirty seconds whatever it 1984 02:01:19,960 --> 02:01:22,600 Speaker 3: is between the house lights and him coming up to 1985 02:01:22,640 --> 02:01:24,920 Speaker 3: the mic and usually counting off as we know he does. 1986 02:01:25,720 --> 02:01:28,520 Speaker 3: And that is why I've seen him seventy five times. 1987 02:01:28,960 --> 02:01:32,360 Speaker 3: Time stands still. And if you can make time stand still, 1988 02:01:33,240 --> 02:01:35,520 Speaker 3: that's a pretty cool magic act. 1989 02:01:36,880 --> 02:01:42,640 Speaker 2: So have you sent Bruce A Stanley the Dudes or pro? 1990 02:01:42,880 --> 02:01:45,800 Speaker 3: I have not. I have not. I came close once 1991 02:01:45,880 --> 02:01:50,200 Speaker 3: to sending little Stephen a Purple Stanley because he just 1992 02:01:50,240 --> 02:01:52,400 Speaker 3: has that, you know, aesthetic in his personal life but 1993 02:01:52,640 --> 02:01:53,560 Speaker 3: I just know. 1994 02:01:55,080 --> 02:01:58,560 Speaker 2: Well, I mean, it's one thing to send it and 1995 02:01:58,680 --> 02:02:00,480 Speaker 2: literally not ask for anything. 1996 02:02:01,480 --> 02:02:05,560 Speaker 3: Yeah, I just I don't know, I have not I've 1997 02:02:05,560 --> 02:02:09,920 Speaker 3: thought about it more than once. But it's uh, you know, 1998 02:02:10,000 --> 02:02:12,440 Speaker 3: sometimes you just want to keep your heroes and all 1999 02:02:12,480 --> 02:02:15,160 Speaker 3: that at Bay. It's kind of still Listen. I'm fifty 2000 02:02:15,200 --> 02:02:18,280 Speaker 3: eight years old. I first saw Bruce and you know 2001 02:02:18,360 --> 02:02:21,400 Speaker 3: when I was eighteen, I kind of want to keep 2002 02:02:21,400 --> 02:02:25,040 Speaker 3: all that at Bay because it's still that fantasy world 2003 02:02:25,080 --> 02:02:29,120 Speaker 3: and it uh yeah, it's so it's chasing and it 2004 02:02:29,160 --> 02:02:30,000 Speaker 3: never would have happened. 2005 02:02:30,640 --> 02:02:33,880 Speaker 2: Well, generally speaking, you don't want to meet your heroes. Yeah, 2006 02:02:33,960 --> 02:02:37,200 Speaker 2: very few, very few of them. Some of them do 2007 02:02:37,280 --> 02:02:39,760 Speaker 2: live up to the rep but the something that you 2008 02:02:39,800 --> 02:02:43,360 Speaker 2: believe in most absolutely do not, and it's really disillusion 2009 02:02:43,480 --> 02:02:46,879 Speaker 2: can't listen to their music for a while. In any event, Terrence, 2010 02:02:47,320 --> 02:02:49,520 Speaker 2: I want to thank you so much for telling us 2011 02:02:49,600 --> 02:02:53,400 Speaker 2: your story telling and informing my audience and what's going 2012 02:02:53,480 --> 02:02:57,440 Speaker 2: on in career wise with these products. Thanks again, Thank 2013 02:02:57,480 --> 02:03:02,200 Speaker 2: you Tears. Next step this is Bob Left stock 2014 02:03:24,120 --> 02:03:24,200 Speaker 3: Sh