Wisdom.MBA

Gavin Jocius

Business insights from MBA students, professors and alums. We look to share wisdom, focusing on the hard-lessons learned through different career, school and business endeavors and share insights into how you can put a business education to best use.

  1. 11/28/2023

    Reef, DC Shoes, Sanuk & the Road to Becoming a CMO with Michael Minter

    Michael Minter has had a very successful career as a creative marketer working with some of the world’s largest footwear brands.  Michael is currently the CMO of Reef, a 40-year-old legendary sandal brand that has recently seen an expansion in its product catalog and growth in eCommerce sales.  Prior to Reef, Michael was the Global Head of Marketing for DC Shoes, leading many of the company’s iconic collaborations with the likes of the Andy Warhol foundation and the Mandalorian.  Michael and I discuss how his upbringing in the remote jungles of Papua New Guinea allowed him to approach brand marketing from a very unique perspective. We talk about his formal educational training first at SCAD followed by San Diego State University, and Michael provides his advice for anyone looking to become a CMO or creative director. This podcast was a lot of fun for me, because I also got to geek out on skate, snow, and surf culture, and we debate the topic of keeping aging sponsored pros on the payroll or not. Both of us disagree slightly on the topic, but it makes for some interesting takeaways for brands. If you are interested in creative, marketing, brand positioning, partnerships and collaborations, then you will enjoy this episode.   Discussion Topics: (1:34) Growing up in Papua New Guinea. (4:35) How an analog youth in a remote village led to a unique cultural perspective. (8:20) Brands that Michael admires. (12:19) The role good creative plays in marketing strategies. (22:48) Creative education. (26:28) Advice for trying to become a CMO at a major brand. (31:06) The importance of collaborations for brand growth. (43:51) Keeping legendary team riders on the payroll. (51:29) Working with Ken Block. (55:26) Growth potential for Reef. (58:40) Rapid fire.

    1h 2m
  2. 10/04/2023

    Entrepreneurship Through Acquisition & Nomadic Business Ownership with Bakari Akil

    Bakari Akil is a visiting lecturer at Cornell Johnson Graduate School of Management teaching students how to buy a business. Bakari is also a successful search fund entrepreneur and independent sponsor.  Bakari recently sourced the acquisition of a burlap bag manufacturer, secured equity financing, closed the deal, then recruited and hired the CEO to operate the business. Bakari shares his inspirational story about growing up extremely poor and discovering Entrepreneurship Through Acquisition to provide generational wealth. We talk about how ETA is a great path for anyone, particularly if you don’t have an MBA or went to business school. Bakari is currently traveling around the world as a digital nomad managing his numerous ventures remotely. He provides great advice for anyone looking to use entrepreneurship and a distributed support staff to live a dream lifestyle. This podcast is for anyone looking at Entrepreneurship Through Acquisition as a career choice or for anyone who loves a great entrepreneur story. Discussion Topics: (2:10) World travel and advice for remote entrepreneurs. (9:40) Not financial advice … the best financial advice. (18:32) Going into ETA or Private Equity. (26:05) The New York Times & Bakari’s entrepreneurship journey. (32:29) Learning ETA without going to business school. (40:22) Advice for searchers. (50:00) Bakari’s NYP search deal and investment thesis. (1:00:45) Rapid Fire.

    1h 12m
  3. 08/09/2023

    The Entourage Effect & Plunge’s Parabolic Rise with Ryan Duey

    Ryan Duey is the Co-Founder + Co-CEO of plunge.com. Plunge has seen fantastic growth with increases in demand for cold plunge and contrast therapy coming out of the pandemic. Ryan and I go deep into what caused the company’s parabolic rise and how he and his co-founder Michael Garrett were able to both help create and capitalize on the current cold plunge boom. We talk about getting free organic exposure from Lebron James. Plunge’s origin story during COVID lockdowns. His appearance on SharkTank, goals for the future and his honest advice for young entrepreneurs. A really fascinating insight is Ryan’s concept of the entourage effect. I had never heard of the concept before, but I think it is a genius and a big reason why the company and cold plunges in general took off so quickly in the United States. If you like health and wellness or a great founder story that involves taking risks and pivoting during adversity, then I think you will really like this episode. Discussion Topics: (1:17) Icebreaker: study abroad. (3:16) Lebron James, Tony Hawk, Andrew Huberman and more.  (14:37) Why did cold plunge go parabolic in December 2022? (21:30) The entourage effect. (24:09) Which celebrity has the coolest house? (30:47) Plunge’s origin story - necessity is the mother of invention. (38:12) Sharktank … was it worthwhile? (43:00) Sauna launch. (51:29) Advice for young entrepreneurs. (53:33) Rapid fire.

    56 min
  4. 08/01/2023

    Product Development, Market Fit & Minimum Viable Businesses with Chris McKleroy

    Chris McKleroy is the founder and CEO of Nocs Provisions, a company which has reinvented binoculars. Chris is a successful entrepreneur with a proven track record of designing disruptive products and bringing them to market. Prior to Nocs, Chris was the Head of Product and Co-Founder of Boombotix, one of the original Bluetooth personal speaker brands to enter the market. Chris helped scale the business from $200k to over $13 million in annual revenue. We discuss the lessons learned from massive growth, raising venture capital and what it was like partnering with Wu-Tang. Chris and I discuss product development, prototyping and why product market fit is so critical. He shares his insights on how to bootstrap a business idea and talks about the importance of finding your MVB “Minimum Viable Business.” He shares his advice for overseas manufacturing and how to disrupt established markets with innovatively designed products. If you like product development, direct-to-consumer marketing and design then I am sure you will love this episode. Discussion Topics: (1:28) Working with Wu-Tang. (10:08) Business & design programs for Entrepreneurs. (17:12) Scaling Boombotix to a $13 million business. (24:12) Bootstrapping Nocs Provisions. (30:51) Advice for Entrepreneurs. (36:45) Product design process. (44:46) Manufacturing products in China during COVID. (58:10) Minimum Viable Business. (59:00) Rapid fire questions.

    1h 3m
  5. 05/12/2023

    Hemp and Health: An Unconventional Journey to Business Success with Mike Fata

    Mike Fata is a true pioneer in the health food sector and a passionate advocate for wellness. Mike's story is as inspiring as it is unconventional. His career began not in the boardroom, but in a personal battle with weight loss and the pursuit of a healthier lifestyle. This journey led him to discover the nutritional potential of a plant that was largely overlooked. In 1998, Mike co-founded Manitoba Harvest Hemp Foods, transforming it into the world's largest hemp food manufacturer, and in the process, changing our understanding of hemp as a health food ingredient. In 2019, the company sold to Tilray for $419mm.  Like his passion for the hemp industry, Mike now devotes his time, energy and capital to helping founders in the natural products industry grow and thrive. Mike has a proven track record of success. As the Chairman of the Board for Sol Cuisine, the company was acquired by Plant Plus Foods in January 2022 for $125mm.  Many of Mike’s portfolio brands like Mid-Day Squares and Love Good Fats have experienced incredible growth thanks in part to his mentorship and guidance. While very busy, Mike still provides wisdom and guidance to entrepreneurs through his podcast Founder to Mentor and his new book GROW 12 Unconventional Lessons for Becoming an Unstoppable Entrepreneur. Mike and I talk about the early stages of launching a startup in a nascent industry, health and wellness and launching consumer products online and in retail.  Mike’s story is a fascinating journey of personal transformation and overcoming adversity with a great deal of wisdom that I think many people can relate to. Discussion Topics: (1:48) Icebreakers: How Mike is currently using AI tools and 80s TV. (6:33) Early days of hemp in Canada. (14:52) Financing/bootstrapping a hemp business. (19:56) The health & wellness boom. (25:56) Investing in founders and natural products startups. (29:02) Do you launch in eCommerce first then retail? (30:50) Can the Mid-Day Squares playbook be replicated? (34:14) Breaking into the US market from Canada. (35:53) Advice from Mike’s book GROW. (41:06) How nutrition and health benefit entrepreneurs. (45:13) Best lessons for entrepreneurs that you will not learn in business school. (50: 52) Rapid fire questions. (51:59) Shoutout to The Weakerthans “One Great City”

    54 min
  6. 04/02/2023

    Managing Moderna’s Global Launch, MIT’s EMBA Program & More with Jen "JB" Braly

    Jen “JB” Braly is a hands-on transformation executive with a proven track record of driving large-scale change. Most recently, she was the Vice President, Program Office for Moderna during the COVID-19 pandemic. Reporting directly to the Chief Digital and Technology Officer, JB helped the company grow from a pre-commercial research start-up with less than 1,000 US employees and no revenue to a $20 Billion global enterprise with over 4,500 employees. There needs to be an operations and logistics business case on Moderna because JB’s stories from behind the scenes are wild. JB is an absolute force of nature with a very impressive resume. Air Force Captain, project manager, lean guru, Poets & Quants “100 Best & Brightest Executive MBA,” and the 1st and only EMBA to receive MIT’s “Graduate Women of Excellence Award.” In addition to all her success, she is also a really cool and fun person. I loved this conversation. If you are interested in knowing what it was like managing one of the largest and fastest product rollouts in human history or what it’s like doing an Executive MBA at a top business school, then you’ll want to listen to this episode. Discussion Topics: (2:35) AI productivity tools for project managers. (13:01) Moderna and the COVID-19 response. (29:39) Working with brilliant classmates in EMBA programs. (46:35) Advice for people thinking about an EMBA program. (1:04:05) Rapid fire questions.

    1h 15m
5
out of 5
42 Ratings

About

Business insights from MBA students, professors and alums. We look to share wisdom, focusing on the hard-lessons learned through different career, school and business endeavors and share insights into how you can put a business education to best use.