Sinopsis
Innovation. Drive. Purpose. Conversations with the leaders who make business work in Minnesota.
Episodios
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139. Community Development Innovator Anthony Taylor
31/07/2024 Duración: 54minA chemical engineer turned community development organizer, Anthony Taylor shares the career journey that led him to founding Melanin in Motion, a Community Wellness Center program that connects children of color—and their families – with active pursuits like skiing, cycling, kayaking. Melanin in Motion was a Twin Cities Business 2024 Community Impact Award winner. “I noticed my white friends, when they think about preparing their kids for law school, they’re putting them in the woods. That’s the secret for making more lawyers,” Taylor says. “I want all communities to realize the benefits of municipal, state, federal investment in natural places that can show up in children being resilient, confident, and collaborative.” Taylor talks about how working for successful Minnesota wellness companies, Life Time and Aveda, helped him become a well rounded leader, and what he learned from his own startups, Spa One and Simply Organic Beauty, that led him to shift course and work for the Loppet Foundation and as pr
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138. Paddle North Co-Founders/Owners Peter Mogck and Matt Frakes
24/07/2024 Duración: 50minPeter Mogck and Matt Frakes turned their love of Minnesota lake life, and their desire to start something of their own into Paddle North, a water gear manufacturer best known for its inflatable paddle boards. The company marks its 10th anniversary this year, now with a team of 25 employees, and a line of products that has expanded to include kayaks, utility docks, and apparel The founders share keys to their successful partnership—Frakes is a mechanical engineer; Mogck runs marketing and branding, and both say they have “short memories” when disagreements occur, keeping in mind that they always know they both want the same thing: to continue scaling this company. They each put in $15,000 to start it, and have grown without outside investors, utilizing pre-orders to pay for manufacturing, outsourcing some production to keep their overhead low, and through grassroots marketing, from popup shops to social media. Even on the most challenging, demanding days, Frakes says the two never lose site of how lucky th
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137. Pet Evolution Founder/CEO Rian Thiele
17/07/2024 Duración: 42minPet Evolution is a fast-growing pet supply chain that started with one locally owned store in Woodbury, Minn. back in 2012 and has really picked up steam in the last couple of years since it started franchising. There are now seven stores in the Twin Cities and St. Cloud, and 15 nationally. By the end of the year, 24 are expected to be open, from New York to Oregon. In the $147 billion dollar pet industry, Rian Thiele saw a space between big box stores and mom and pop shops to create a chain focused on premium food and services. What’s perhaps most interesting about Thiele as an entrepreneur, is that he didn’t grow up thinking about business. He always dreamed of being a police officer, and worked for the Carver County sheriff’s department. He talks about the decision to leave his dream job to pursue a passion project and why he believes Pet Evolution can scale to 500 locations. Following our conversation with Thiele we go back to the classroom with the University of St. Thomas Opus College of Business w
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136. Pneumeric Founder/CEO Dr. John Aho
10/07/2024 Duración: 50minDr. Aho is a surgeon and scientist with an insatiable appetite for invention and more than 20 patents to his name. He was still in his surgical residency at Mayo Clinic when he spotted an opportunity that led him to develop a medical device now in use around the world. Tension pneumothorax is a life-threatening emergency that occurs when air builds up between the lungs and chest wall. It’s not especially common, but it’s one of those medical situations that TV medical dramas often act out because the way to treat it is to jam a large needle into the chest and wait to hear a gush of air. It occurred to Aho: there had to be a better way. He developed the Capnospot, a device that provides visual confirmation that treatment of tension pneumothorax has been successful. The Capnospot is now standard equipment on ambulances and in emergency rooms everywhere, from Minnesota to Poland. It's the first product to be released by Aho’s parent company, Pneumeric. But it took five years to get here, and challenges persi
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135. Mike & Jen's Cocoa Founder/CEO Dean Packingham
26/06/2024 Duración: 49minIt started as a fun project with his kids: creating the “best hot cocoa in the world.” After countless tries, Dean Packingham thought he had succeeded, and everyone who tried his instant cocoa mix agreed. Named for his kids, Mike & Jen’s Hot Cocoa debuted at specialty shops in their hometown of Duluth. Today, it’s sold in more than 1,300 stores nationwide including Costco, Target, and Meijer. Packingham has grown his home project to a regional brand with just one partner and no outside investors. “It’s a little bit of a sleeper category, hot cocoa—there wasn’t much in the premium part of the category to compete with,” Packingham says. It may have started as a hobby, but Packingham went all in: selling his house, living in a trailer, leaving a 27-year career in meteorology, and even buying a fitness franchise to fund the hot cocoa business. He talks about scaling, from finding a co-packer to planning for a seasonal product to being disciplined about not adding other products too quickly. Mike & Jen’s has al
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134. Bold Orange Founder/CEO Magaret Murphy
19/06/2024 Duración: 54min“People think, oh, it’s just a catchy slogan. No. If marketing does it’s job, it’s what does your brand stand for and how do you buy things. If we do that really well, we’re the number one growth driver of a business.” Margaret Murphy is the founder and CEO of Bold Orange, a Minneapolis-based marketing agency focused on customer experience, growth, acquisition, engagement, and retention. Her company frequently shows up on “best workplaces” lists and she herself has won numerous accolades for leadership. She learned the ropes at Carlson Marketing Group, and co-founded Denali Marketing, which was acquired by Olson. At Olson, she served as president and chief operating officer. Following an “adult gap year,” Murphy started Bold Orange in 2018. Today, she leads a team of more than 120 serving clients such as Target, eBay, and CitiBank. Murphy offers advice on mentorship, marketing, leadership and work culture. “Action changes everything,” Murphy says. “If you have good ideas or a good thing the market needs
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133. Game Industry Founder/Executive Julien Sharp
12/06/2024 Duración: 01h45s“I thought, you know what I could do? I could make games.” Julien Sharp is a game inventor and industry executive who moved to Minnesota in 2022 to head up the U.S. division of Paris-based Asmodee Group, a global game company with a portfolio that includes Catan, Spot it!, Ticket to Ride, and Star Wars X-Wing. An avid game player, who can solve a Rubik Cube in 45 seconds (which she says is amateur stuff), Sharp started out in the industry as the inventor of several games including Disruptus and Juxtabo. She sold her company, Funnybone Toys, to FoxMind Toys & Games, and went on to work for popular names including What Do You Meme? And Spin Master toys. Sharp takes us inside the fast-growing $13 billion global industry, from the challenge of creating a game that endures to the power of play—for both kids and adults. Sharp says games are played every day in the Asmodee office in Lino Lakes, Minn. But her work is not all fun and games. “Budgets, logistics, sell-throughs—there’s all the aspects of busines
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132. Ōmcare Founder/CEO Lisa Lavin
05/06/2024 Duración: 52minLisa Lavin is on a mission to change the way the world cares for the people we care about. “We don’t have enough resources to take care of the number of people that are aging. So how do we do that? We leverage technology.” Lavin the founder and CEO of Ōmcare, a digital health company that pioneered the Home Health Hub, an interactive telehealth solution which monitors patients taking medication. It makes remote care possible and more efficient for health care professionals and those caring for an aging relative. Ōmcare is now available direct to consumer and through some health care systems. But it’s taken Lavin more than a decade to get here. She charts the course, from the patent that inspired the idea to a testing phase with pets to raising more than $12 million in venture funding and releasing the product this year. “We have big visions on how we can actually change the way the world cares,” Lavin says. “And it is beyond what we’re doing today.” Following our conversation with Lavin, we go Back t
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131. Tech Entrepreneur and Investor Daren Cotter
24/04/2024 Duración: 59minIf you spend any amount of time in or around the startup community in the Twin Cities, you will no doubt hear the name Daren Cotter. Today, most people know him as an investor and advisor—his personal portfolio includes more than 100 startups—primarily software as a service and tech. But before Cotter could focus full time on investing, he had to have an exit of his own. That was InBox Dollars, the rewards-based digital advertising platform he built in his college dorm room, scaled to a peak of $25 million in annual revenue, and sold, some 15 years later in May 2019, to a leading market research and insights firm, Prodege. Cotter shares his entrepreneurial journey, from concept to acquisition, as well as his investment philosophy and advice for founders—including not raising funds prematurely. "My personal viewpoint is a founder is often much better served by building the product, finding a few customers, proving that they're solving a real problem that the customer is willing to pay for, and then they think
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130. Minny & Paul Founder Laura Roos
10/04/2024 Duración: 51minLaura Roos started Minny & Paul as a way to take the hunt out of discovering high-quality, locally made goods. She launched in 2016 with a selection of themed gift boxes that she thought would be popular with bridal parties or for housewarmings. But very quickly, businesses started requesting large orders of boxes for clients or staff. Today, 80% of Minny & Paul’s business is B2B and the company has gone beyond Minnesota to spotlight makers nationwide and offer curated gift boxes as well as ready-to-order options. The creative side drew her in, but Roos talks about the logistics and leadership that have made Minny & Paul a success. A request for a customized Minny & Paul box filled with CBD products inspired Roos’ next startup, the new Mary & Jane, which sells microdose cannabis products. “I love a challenge,” Roos says. “I think the most important thing to keep in mind as you're building any business is problems are going to come up all the time and it's really just about how you react to them and you
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129. Forever Bride Founder Ashley Hawks
13/03/2024 Duración: 51minAshley Hawks was a successful working model, in print and on runways around the world. But when she thought about her goal of making a magazine cover, she realized, “I’ll still be promoting somebody else's brand, somebody else's lipstick, somebody else's clothing line. And it was this light switch of, I want to be on the cover because of something I did, because of something I built. I want my name next to my picture.” For her first startup, Hawks built on what she knew. Style & Grace offered training for models and pageant queens. She made money, but realized the business wasn’t scalable—all of the students wanted to work with her directly. Her next venture took her back to her childhood, working in her mom’s bridal boutique. Hawks launched Forever Bride in 2012 as a tool to support the local wedding industry online. She created a network of small businesses and built a national following for her online platform and boutique market experiences. Halted by the pandemic, she took a shot and reached out to t
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128. Nanodropper Co-Founder Allisa Song
21/02/2024 Duración: 53min“We’re going to be helping hundreds of thousands of patients with our device and that’s probably more than a lifetime of patients I could see as a physician.” By the time Allisa Song started medical school at Mayo Clinic in 2018, she was already the founder of an active medical device startup company called Nanodropper. The idea came to her in 2017, when she happened to read an article titled: "Drug Companies Make Eyedrops Too Big, and You Pay for the Waste.” “It really felt like we were letting people down,” Song says. “We have these great medications that are vision saving, and we’re dangling it in front of people, saying that you have to pay this amount if you want to keep your vision.” The cost, the structure of benefits—it all felt “unfair,” Song says. But rather than go for the big industry-wide fix, she approached the wasted eye medicine problem with a harm reductionist mentality. “I was just trying to think about how can we develop a solution that we could put directly into the hands of patients.”
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127. BetterYou Founder/CEO Sean Higgins
14/02/2024 Duración: 58minSean Higgins knew he was spending too much time on his phone—going down a YouTube rabbit hole when he meant to go for a run, or call his mom. But rather than fighting the ever-present phone, he imagined a new way to utilize the technology that sits in the palm of our hands—a better way, if you will. BetterYou is a digital coach that uses artificial intelligence to map how we spend our time and make suggestions to fulfill the goals we set for ourselves, like more exercise, more sleep, or calling mom every week. Higgins started BetterYou with partners in 2018, using seed money from his first start up, ilos, a video platform that was acquired by Paylocity and became VidGrid. He quickly realized the real opportunity for an app designed to “harmonize technology with wellbeing” was B2B. The first organizations to sign on were schools, which offered BetterYou as a service for students. BetterYou ended 2023 with a $6 million Series A funding raise. It’s still early days, but this app is showing traction with use
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126. Busy Baby Founder/President Beth Fynbo
07/02/2024 Duración: 01h07minWhat happens after a founder appears on Shark Tank, and walks away from a $250,000 offer? For Beth Fynbo, her Busy Baby activity mat saw six weeks worth of online sales in in three days. “And two weeks later,” she says, “no one had heard of us.” “I thought Shark Tank was going to be life changing, and it was—just not in the way that I thought.” Fynbo, an Army veteran and former health care account manager, was a new mom when inspiration struck. Kids were constantly dropping toys off their high chairs. Her Busy Baby silicone suction placemat keeps toys, teethers, and utensils secured in place. In 2023, two years after her Shark Tank appearance, Busy Baby logged $5 million in sales and introduced new add ons to its core product. Now with two years of growth and perspective since her national television debut, Fynbo talks about what it’s really like to go on Shark Tank and what it’s really like to build a business from the ground up, including raising money, creating an advisory board, navigating the waves o
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125. Ellie Mental Health Co-Founder/CEO Erin Pash
17/01/2024 Duración: 01h01min“Where passion meets frustration creates motivation.” Erin Pash is the co-founder and CEO of Ellie Mental Health—one of the fastest growing franchise chains you’ve probably never heard of—yet. The Mendota Heights-based company opened its first franchise clinic in July 2022. Now there are more than 200 Ellie Mental Health clinics open around the country with another 450 sold and under development. Pash is driven by the desire to destigmatize mental health care by building a national mental health care brand that makes care accessible and fun while also creating a flexible work environment for therapists. Pash is a licensed therapist who saw a bigger opportunity. “We wanted to create a hybrid employment model where we could give therapists safety, security and support while providing them with the culture, creativity and compensation they could get in their own private practice.” Pash talks about barrier to mental health care, the rising demand for services and how that’s driving more therapists not to a
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124. The Wound Co. Co-Founder/CEO Nima Ahmadi
10/01/2024 Duración: 55minWhen your arteries are blocked, you see a cardiologist. For cancer, there’s the oncologist. But for the 13.5 million Americans dealing with a serious wound—from surgery, an injury or disease, an ostomy bag, or old age—there’s often no one coordinating care until the problem becomes a crisis. Nima Ahmadi saw the white space, and co-founded The Wound Company in 2022 with the intention of creating a coordinated, cost effective solution that supports health care providers and improves healing for patients. The Wound Company partners with medical practices and benefits companies to provide focused patient care through a combination of telehealth, AI diagnostics and in person care. Already the data shows that Wound Co. patients heal 60% faster for a 15 to 20% reduction in cost. Ahmadi, who studied bioengineering and worked on other software-focused health startups, walks us through the process of recognizing the problem, devising a solution, and actually bringing it to market. He talks about the challenges of s
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123. Tierra Encantada Founder/CEO Kristen Denzer
03/01/2024 Duración: 55minKristen Denzer is the founder and CEO of Tierra Encantada, a Spanish immersion daycare that is on its way to becoming a national brand. Currently there are 11 locations in four states—two of them are franchise centers, and an additional 20 franchise units have been sold. It’s already a $22 million business, and Denzer is just getting started. Tierra Encantada is actually her third startup; Denzer started her career in nonprofits, but saw business opportunity everywhere. When she got engaged and realized how expensive it would be to plan a wedding, she started her own event rental business. As an animal lover, she co-founded a doggy daycare. So when she went looking for a daycare center for her own children and coulnd’t find one that met her criteria: Spanish immersion, inclusive, healthy meals, quality programing, she started her own. Tierra Encantada started in Eagan in 2013 and within a year, Denzer was working on expansion. She shares what went right, the mistakes she learned from, and why she made the d
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122. BevSource Founder Janet Johanson
18/10/2023 Duración: 01h01minBehind many popular drink brands—Mike’s Hard Lemonade, Celsius Energy Drinks, Pabst Blue Ribbon—is BevSource, a St. Paul based company that provides beverage development, sourcing, and production—everything from supplying the can that holds your beer to helping develop and test an entirely new drink idea. Today BevSource is one of the largest packing and ingredient distributors in North America, with $250 million in annual revenue. Janet Johanson started the company in 2002 when she was just 24 years old, with three years of experience in the industry. “I just said yes,” she says. Johanson talks timing: from knowing when to take on private equity and start a board to knowing when it was time to step away from the day-to-day operations. “As CEO, I got stuck in detail,” she says. “By cutting my hands off, it made me think differently about who we partner with…and how I can make an impact.” Following our conversation with Johanson, we go Back to the Classroom with the University of St. Thomas Opus College of
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121. Bind Benefits Co-Founders Tony Miller and Dave Dickey
06/10/2023 Duración: 01h26min"We call it the health care system, but really, it's the illness-burden-treatment system. There are so many things we can do to improve in health care." Tony Miller and Dave Dickey are serial health benefits entrepreneurs who've built and sold multiple companies, leading the way toward consumer-driven insurance programs. The most recent is Bind Benefits, an on-demand, zero-deductible program that was acquired by UnitedHealth Group in 2021. Recently renamed Surest, the benefits plan is UHG's fastest growing product with a net promoter score nearly three times higher than its competitors. Miller and Dickey, who no longer work for Surest, talk about how to change health care coverage in America, starting with Miller's first startup, Definity Health, which he sold to UnitedHealth Group in 2004 for $305 million (not $300 million as widely reported, and he tells the story behind that). Miller is managing partner of Lemhi Ventures, a healthcare investment firm, which put the first $12 million into Bind. Between De
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120. HiBar Founders Nora and Jay Schaper and Ward Johnson
21/09/2023 Duración: 01h01minNora and Jay Schaper are serial entrepreneurs with a big idea: rid the world of single use plastic bottles—starting in the bathroom. Experts told them salon-quality shampoo couldn’t be produced in solid form, but that only made them more determined to come up with a winning formula. They did, and HiBar launched in 2018. The line, which has grown to include face wash and deodorant as well as solid shampoo and conditioner, is now sold in more than 10,000 stores. To date, HiBar says it has eliminated nearly 5 million plastic bottles and conserved over 800,000 gallons of water. To turn their product into a successful business, the Schapers partnered with an entrepreneur experienced in consumer brands: Ward Johnson, who built and sold the pet food brand, Sojos. A fourth founder is no longer involved. We talk to the three partners about the challenges of building a mission driven business, from engineering to marketing. “People who are committed to sustainability are willing to make sacrifices…but don’t mess w