1 00:00:12,960 --> 00:00:18,560 Speaker 1: Housewives University, it occurred to me that so many housewives 2 00:00:18,560 --> 00:00:22,720 Speaker 1: have now entered into business, and I've actually met housewives 3 00:00:22,720 --> 00:00:26,599 Speaker 1: that have said they started businesses because of me and 4 00:00:26,640 --> 00:00:28,920 Speaker 1: because of what I did on Housewives and Skinny Girl 5 00:00:29,040 --> 00:00:31,880 Speaker 1: and all that stuff, and using as a platform. So 6 00:00:32,840 --> 00:00:35,440 Speaker 1: I want to go housewife by housewife and talk about 7 00:00:35,479 --> 00:00:42,600 Speaker 1: their businesses and grade them the mistakes and the successes, 8 00:00:42,840 --> 00:00:47,040 Speaker 1: and really honestly talk about these business vehicles because often 9 00:00:47,080 --> 00:00:52,360 Speaker 1: on Housewives, housewives understandably feel like they have to grab 10 00:00:52,520 --> 00:00:55,520 Speaker 1: a business idea because they have to maximize this opportunity, 11 00:00:55,760 --> 00:00:58,080 Speaker 1: and there are so many different things that you could do, 12 00:00:58,640 --> 00:01:02,040 Speaker 1: and you know, it all seems shiny and smart, meaning 13 00:01:02,120 --> 00:01:04,560 Speaker 1: some people walk in with their own business that may 14 00:01:04,600 --> 00:01:08,560 Speaker 1: not be as sexy and TV friendly. Let's say, let's 15 00:01:08,560 --> 00:01:11,800 Speaker 1: say Vicky your insurance, but that's the bread and butter like. 16 00:01:11,840 --> 00:01:14,840 Speaker 1: It's not an easy product to market that someone can 17 00:01:14,880 --> 00:01:18,200 Speaker 1: go online and buy, but that's her core business. And 18 00:01:18,240 --> 00:01:21,680 Speaker 1: then you have Chara who was marketing She by Chara 19 00:01:21,800 --> 00:01:23,679 Speaker 1: because it sounds good and it's shiny, but there was 20 00:01:23,800 --> 00:01:28,600 Speaker 1: no meat, there was no substance. So today we're going 21 00:01:28,680 --> 00:01:36,240 Speaker 1: to do Teresa Giudija. She wisely piggybacked on my Skinny 22 00:01:36,280 --> 00:01:40,920 Speaker 1: Girl brand by launching Skinny Italian. 23 00:01:41,600 --> 00:01:43,160 Speaker 2: She launched a cookbook. 24 00:01:43,319 --> 00:01:48,240 Speaker 1: It's smart because she's you know, later became about fitness, 25 00:01:48,360 --> 00:01:53,760 Speaker 1: but the Bravo audience cares about calories and being fit 26 00:01:53,840 --> 00:01:58,120 Speaker 1: and being in shape, and there are many Italian cookbooks, 27 00:01:58,160 --> 00:02:01,640 Speaker 1: so her coming up with a version of a lower 28 00:02:01,720 --> 00:02:05,200 Speaker 1: calorie Italian cookbook is just very smart. 29 00:02:05,240 --> 00:02:07,320 Speaker 2: It solves a problem. 30 00:02:07,680 --> 00:02:11,240 Speaker 1: It is kind of diet adjacent, which is a successful 31 00:02:11,520 --> 00:02:15,120 Speaker 1: category used to be back back then. Now diet is 32 00:02:15,160 --> 00:02:16,919 Speaker 1: not in it all, and Skinny's not in it all, 33 00:02:16,960 --> 00:02:19,600 Speaker 1: even as a concept, not meaning as a body type. 34 00:02:20,000 --> 00:02:25,359 Speaker 1: But she did Skinny Italian Fabulousous, which probably did well, 35 00:02:25,400 --> 00:02:28,640 Speaker 1: but I bet you Skinny Italian did better. And it 36 00:02:28,800 --> 00:02:31,760 Speaker 1: sounded like, you know, she had the platform, she had 37 00:02:31,760 --> 00:02:34,400 Speaker 1: the vehicle, she'd go out, and she's a worker, so 38 00:02:34,520 --> 00:02:36,400 Speaker 1: she could really promote something like that and get her 39 00:02:36,440 --> 00:02:39,280 Speaker 1: audience to buy into it just to support her. It's 40 00:02:39,280 --> 00:02:41,720 Speaker 1: not like she's selling something it's two hundred dollars. It 41 00:02:41,840 --> 00:02:43,680 Speaker 1: just seemed to hit right, and it hit right when 42 00:02:43,840 --> 00:02:47,760 Speaker 1: housewives books were doing We're doing well. My book was 43 00:02:47,800 --> 00:02:51,040 Speaker 1: the first ever Housewives book, and then there were others 44 00:02:51,040 --> 00:02:52,720 Speaker 1: to follow, and a lot of them did well in 45 00:02:52,760 --> 00:02:54,680 Speaker 1: the beginning because that was when we were getting all 46 00:02:54,720 --> 00:02:57,040 Speaker 1: the press and getting the talk shows, and it was 47 00:02:57,720 --> 00:03:03,920 Speaker 1: back then when it was a more traditional sense of media. 48 00:03:04,360 --> 00:03:06,560 Speaker 1: You didn't talk about a book until you sat down 49 00:03:06,680 --> 00:03:09,560 Speaker 1: on the Today Show, and then it would hopefully. 50 00:03:09,200 --> 00:03:11,080 Speaker 2: Hit the list if it was a decent book. 51 00:03:11,120 --> 00:03:14,320 Speaker 1: There are many Housewives books failures because what happens, like 52 00:03:14,400 --> 00:03:18,720 Speaker 1: in the liquor business, someone does it well. I've had 53 00:03:18,960 --> 00:03:22,440 Speaker 1: five New York Times bestsellers, and my first several books 54 00:03:22,440 --> 00:03:24,120 Speaker 1: were New York Times bestsellers. So a lot of other 55 00:03:24,160 --> 00:03:27,320 Speaker 1: housewives jumped on that bandwagon. I was the first. Needy 56 00:03:27,520 --> 00:03:31,200 Speaker 1: was soon thereafter. Theresa was a little while after. But 57 00:03:32,280 --> 00:03:36,760 Speaker 1: you kind of got to jump right on. Brandy Glanville, 58 00:03:36,760 --> 00:03:40,360 Speaker 1: I remember her book did well, but you got to 59 00:03:40,400 --> 00:03:42,960 Speaker 1: jump right on otherwise you're just another liquor brand, you're 60 00:03:43,000 --> 00:03:48,800 Speaker 1: another book. So you know, it's hard to know when 61 00:03:48,840 --> 00:03:51,440 Speaker 1: you're almost too late, like celebrity beauty brands. 62 00:03:51,480 --> 00:03:54,920 Speaker 2: Right now, it's too late. We did it, like the. 63 00:03:55,000 --> 00:03:57,280 Speaker 1: Last one in was Selena Gomez, you know, and some 64 00:03:57,320 --> 00:04:00,560 Speaker 1: people are getting caught, they're not making it through, you know, 65 00:04:00,680 --> 00:04:05,640 Speaker 1: j Lo skincare, it's not pushing through certain brands, Scarlett Johansson, 66 00:04:05,760 --> 00:04:08,760 Speaker 1: it's not pushing through Pharrell and Brad Pitt and that 67 00:04:08,840 --> 00:04:10,920 Speaker 1: stuff just was never a good idea men's skincare. No 68 00:04:10,960 --> 00:04:13,920 Speaker 1: one's really done it properly yet it's not pushing through, 69 00:04:13,960 --> 00:04:15,040 Speaker 1: So you gotta know. 70 00:04:16,360 --> 00:04:18,279 Speaker 2: And you could be too early. By the way, you 71 00:04:18,320 --> 00:04:19,279 Speaker 2: could be too early. 72 00:04:19,880 --> 00:04:22,960 Speaker 1: You know, Quibi was a shit show by Jeffrey Katzenberg, 73 00:04:23,000 --> 00:04:26,160 Speaker 1: but it was short form content like short videos, and 74 00:04:26,440 --> 00:04:29,080 Speaker 1: it was probably not executed the way the TikTok was. 75 00:04:29,080 --> 00:04:32,200 Speaker 1: But things can be too early. I created the wave 76 00:04:32,279 --> 00:04:36,919 Speaker 1: of liquor brands for celebrities, the big wave I created, 77 00:04:37,279 --> 00:04:39,719 Speaker 1: but I was early. If I had sold my brand 78 00:04:39,760 --> 00:04:43,280 Speaker 1: Skinny Girl, based on the cases it was doing back then, 79 00:04:43,800 --> 00:04:47,520 Speaker 1: I would have gotten a billion dollars half a billion dollars. 80 00:04:47,560 --> 00:04:49,800 Speaker 1: But I was early, so people weren't paying that then, 81 00:04:49,920 --> 00:04:53,640 Speaker 1: So it's like you gotta time. It's so Skinny Italian 82 00:04:53,760 --> 00:04:55,640 Speaker 1: was towards the front of that, and then a lot 83 00:04:55,680 --> 00:04:57,640 Speaker 1: of people got caught just writing books. 84 00:04:57,360 --> 00:04:58,280 Speaker 2: For vanity reasons. 85 00:04:58,320 --> 00:05:01,560 Speaker 1: You know, she and she was late for the liquor 86 00:05:01,640 --> 00:05:03,760 Speaker 1: Fabillini and she was too niche for the liquor, and 87 00:05:03,839 --> 00:05:07,920 Speaker 1: Kathy Wikiola had a red velvet liquor. Luanne talked about 88 00:05:07,920 --> 00:05:11,680 Speaker 1: a vodka, Nini talked about a prosecco. Everybody got caught 89 00:05:11,680 --> 00:05:14,480 Speaker 1: in the dumpster fire that was you know. Heather talked 90 00:05:14,480 --> 00:05:18,000 Speaker 1: about it like a Champagne, Like could you could have 91 00:05:18,000 --> 00:05:20,240 Speaker 1: saved a lot of money, Ramona with the Pino Grigio 92 00:05:20,320 --> 00:05:22,320 Speaker 1: with her own name, like I could have told I did. 93 00:05:22,640 --> 00:05:25,960 Speaker 1: They all were just bad ideas and just a disaster. 94 00:05:26,160 --> 00:05:30,760 Speaker 1: So Chuisa gets an a on Skinny Italian. She gets 95 00:05:31,279 --> 00:05:34,400 Speaker 1: a sea on Fabilini because her name is cutesy back 96 00:05:34,400 --> 00:05:38,200 Speaker 1: when cutty drinks were doing well. Billini is just not marketable, 97 00:05:38,600 --> 00:05:41,159 Speaker 1: so she gets to see says her wine came to 98 00:05:41,240 --> 00:05:44,159 Speaker 1: a halt when she was sentenced to prison. It came 99 00:05:44,200 --> 00:05:46,400 Speaker 1: to a halt because it was it started at a halt. 100 00:05:46,880 --> 00:05:59,360 Speaker 2: That was just a sea Blania haircare. 101 00:06:00,200 --> 00:06:02,360 Speaker 1: I presume that's named after her daughter, unless there's a 102 00:06:02,400 --> 00:06:05,960 Speaker 1: coincidence and a brand name Milania came to her. And 103 00:06:06,640 --> 00:06:10,000 Speaker 1: it says that investors began to get nervous, took steps 104 00:06:10,040 --> 00:06:15,160 Speaker 1: to withdraw and distance themselves. Doesn't matter doesn't matter. 105 00:06:15,200 --> 00:06:16,159 Speaker 2: Would that have done well? 106 00:06:16,200 --> 00:06:19,320 Speaker 1: Is that what she represents? She has big good hair 107 00:06:19,400 --> 00:06:22,039 Speaker 1: and hair extensions. I presume this is hair extensions or 108 00:06:22,080 --> 00:06:25,360 Speaker 1: this was hair care products. Here's the thing about hair care. 109 00:06:25,960 --> 00:06:29,000 Speaker 1: Why Teresa gets to see on the hair care. She 110 00:06:29,040 --> 00:06:31,000 Speaker 1: doesn't get an f because it's a good idea because 111 00:06:31,000 --> 00:06:34,000 Speaker 1: she's got thick Italian hair and like you know with 112 00:06:34,000 --> 00:06:37,440 Speaker 1: her wedding, it's like hair. She's very hair forward, right, 113 00:06:38,400 --> 00:06:40,320 Speaker 1: you know, there's always elaborate hair and like a lot 114 00:06:40,320 --> 00:06:41,800 Speaker 1: of hair and she's very hair forward. 115 00:06:43,040 --> 00:06:44,120 Speaker 2: But hair care is. 116 00:06:44,040 --> 00:06:47,520 Speaker 1: Something you need to really trust, like skincare, Like you 117 00:06:47,520 --> 00:06:50,640 Speaker 1: can't do housewives skincare. It's just not enough. It's not 118 00:06:50,760 --> 00:06:55,640 Speaker 1: trusted enough. Like it's like appliances. That's why Sony didn't 119 00:06:55,680 --> 00:06:57,680 Speaker 1: do well with her toaster, Like appliances is something you 120 00:06:57,720 --> 00:07:03,200 Speaker 1: need to trust like over time, like decades, like Floreal Revlon, 121 00:07:03,320 --> 00:07:04,839 Speaker 1: like that your hair is not gonna fall out and 122 00:07:04,839 --> 00:07:06,800 Speaker 1: that it's trusted and it's something that's in your house 123 00:07:06,839 --> 00:07:10,520 Speaker 1: every day. It's like Procter and Gamble household items. So 124 00:07:10,800 --> 00:07:13,280 Speaker 1: from her to come in with hair, like yeah, if 125 00:07:13,280 --> 00:07:15,520 Speaker 1: there was a cute serum or a cute product, but 126 00:07:15,560 --> 00:07:18,960 Speaker 1: like for full fledged hair care, if there was a 127 00:07:18,960 --> 00:07:20,760 Speaker 1: hair growth serum that seemed like a gimmick that she 128 00:07:20,800 --> 00:07:23,080 Speaker 1: could possibly push, yes, but for like all your hair 129 00:07:23,120 --> 00:07:25,560 Speaker 1: care needs, it's just not something that every day you're 130 00:07:25,560 --> 00:07:27,720 Speaker 1: gonna have in your bathroom and have guests over and 131 00:07:27,760 --> 00:07:29,680 Speaker 1: like you're pushing Malani and hair care. 132 00:07:30,040 --> 00:07:32,480 Speaker 2: It's just it's not there. It's not her fault. 133 00:07:32,520 --> 00:07:35,280 Speaker 1: It's just that you got to be a trusted brand 134 00:07:36,000 --> 00:07:40,600 Speaker 1: that really is scientific and just that households and moms 135 00:07:40,680 --> 00:07:44,760 Speaker 1: and supermarkets and it's just it's just a different level 136 00:07:44,760 --> 00:07:48,160 Speaker 1: of trust for certain categories like T shirts is not 137 00:07:48,240 --> 00:07:51,280 Speaker 1: the same level trust as skin care and hair care. 138 00:07:51,360 --> 00:07:54,840 Speaker 1: And then toasters, it's an electrical appliance in your home, 139 00:07:55,000 --> 00:07:58,120 Speaker 1: Like that's something you need to really really be able 140 00:07:58,160 --> 00:07:58,600 Speaker 1: to trust. 141 00:07:58,640 --> 00:07:59,880 Speaker 2: Okay, toaster vibrate it. 142 00:08:00,080 --> 00:08:02,360 Speaker 1: Yes, it needs to be reliable, but it's not gonna 143 00:08:02,360 --> 00:08:05,040 Speaker 1: be like around your kids with any luck and in 144 00:08:05,080 --> 00:08:08,320 Speaker 1: your house every day. So Malania Haircare was a sea 145 00:08:08,360 --> 00:08:10,840 Speaker 1: because it's a good idea. She's very hair forward, and 146 00:08:11,120 --> 00:08:13,640 Speaker 1: this audience cares about their hair. They'll buy a serum, 147 00:08:13,640 --> 00:08:15,560 Speaker 1: but they'll be onto the next thing next. It's not 148 00:08:15,600 --> 00:08:19,480 Speaker 1: something that they're gonna forever be like loyalists to Milania haircare. 149 00:08:21,360 --> 00:08:25,640 Speaker 1: Pasta pizza restaurant. I don't even know about this, but 150 00:08:25,680 --> 00:08:29,440 Speaker 1: it's a terrible idea. Who's the business person behind this restaurant, 151 00:08:30,280 --> 00:08:34,720 Speaker 1: this pasta pizza restaurant. Who's the business like, yes, pizza, 152 00:08:34,760 --> 00:08:38,839 Speaker 1: you know pizza, you know people, your family, who's running 153 00:08:38,880 --> 00:08:43,440 Speaker 1: the numbers? Like who is doing the business. It doesn't 154 00:08:43,480 --> 00:08:45,960 Speaker 1: sound like there's anybody who really understands a restaurant business 155 00:08:46,679 --> 00:08:49,800 Speaker 1: who's involved in that business. They launched it at a 156 00:08:49,840 --> 00:08:52,480 Speaker 1: time where everything was moving towards direct to consumer, like 157 00:08:52,559 --> 00:08:55,719 Speaker 1: do a frozen pizza business. I know she reached out 158 00:08:55,720 --> 00:08:59,160 Speaker 1: to me about some pizza oven. It's a better idea 159 00:08:59,200 --> 00:09:03,400 Speaker 1: because because THEESA would go on on QVC or HSCENT, 160 00:09:03,440 --> 00:09:06,240 Speaker 1: and she's a worker, so she'll fucking slept there and 161 00:09:06,280 --> 00:09:09,000 Speaker 1: sell pizzas at two o'clock in the morning and not 162 00:09:09,080 --> 00:09:12,880 Speaker 1: care and people will buy them pizza sauces. It's very crowded. 163 00:09:12,920 --> 00:09:15,400 Speaker 1: I wouldn't suggest it, but pizza sauce is better than 164 00:09:15,440 --> 00:09:19,040 Speaker 1: a pizza restaurant. Frozen pizza's skinny Italian. She can't own 165 00:09:19,040 --> 00:09:21,840 Speaker 1: the word skinny. Maybe I don't know skinny Italian Pizza's 166 00:09:22,160 --> 00:09:31,200 Speaker 1: better idea restaurant clunky, bulky, overhead taxes, upkeep ratings, not 167 00:09:31,360 --> 00:09:34,240 Speaker 1: direct to consumer. They're just get to the customer, Get 168 00:09:34,240 --> 00:09:36,920 Speaker 1: the pizza to the customer, get the sauce to the customer, 169 00:09:38,080 --> 00:09:39,199 Speaker 1: pizza kits. 170 00:09:39,720 --> 00:09:40,640 Speaker 2: That sounds blogged down. 171 00:09:40,880 --> 00:09:42,959 Speaker 1: Yeah, I don't think she needed to like, I'm giving 172 00:09:42,960 --> 00:09:48,520 Speaker 1: that a sea too. So overall, Teresa for her business endeavors, 173 00:09:48,559 --> 00:09:50,800 Speaker 1: gets a C plus