Skip Hop's Michael Diamant Innovates Baby Products

From being forced to layoff his whole staff, to selling his company for $140 million, our next guest, Michael Diamant, has great insight on how he became successful. Michael Diamant created a well-known brand with his wife, called Skip Hop, which was sold to Carter’s for $140 million.

Michael Diamant

Michael Diamant

From being forced to layoff his whole staff, to selling his company for $140 million, our next guest, Michael Diamant, has great insight on how he became successful. Michael Diamant created a well-known brand with his wife, called Skip Hop, which was sold to Carter’s for $140 million. It all started with a diaper bag in 2003. Michael and his wife wanted a diaper bag that was fully functional, however, also appealed to a fashion savvy crowd. The company continued to grow for 15 more years creating several more innovative baby care products before they were bought by Carter’s. Now both Michael and his wife continue to work with Carter’s to help grow the brand Skip Hop.

Before Michael created a very successful brand, he had a great career and started multiple companies. He has a background in advertising and was a happy employee at MTV. Tune in to find out more about how Michael became successful…

  • Growing up

  • The world of advertising

  • Working at MTV, and the impact it had on Michael

  • His first company – T3 Media

  • How he was able to start iClips

  • How it felt to have to lay off 35 employees

  • His Skip Hop Journey

Ambition Today Question of the Day™ :
What advise would you have for other entrepreneurs who are trying to find product market fit?

The Single Greatest Piece of Advice:
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Thank you for listening! 

Thank you so much for listening and applying these useful tips and strategies to your life! If you have a chance, please drop by and leave a review for the show on iTunes by clicking here. Also, who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…

Transcript:

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Australia's Benjamin Chong Helps Startups Excel With Right Click Capital

Today, my guest is a fellow Founder Institute Director, Benjamin Chong. Benjamin has been the director of Founder Institute in Australia since 2011 and is also well known as a partner at Right Click Capital.

Benjamin Chong

Benjamin Chong

Today, my guest is a fellow Founder Institute Director, Benjamin Chong. Benjamin has been the director of Founder Institute in Australia since 2011 and is also well known as a partner at Right Click Capital. Right Click Capital is a venture capital firm that invests in early-stage startups. He is an active technology startup community member that has served as a mentor and guest speaker at many different entrepreneurial programs in Sydney, South East Asia, and the United States.

Benjamin Chong grew up in Australia and says his life-changing entrepreneurial moment was when he was in a program called Young Achievement in High School where a few select students from multiple schools got together and created a business, they had to sell stock, and make it profitable, which was a success. He graduated from the University of South Wales and has been unstoppable. Listen in to learn more about Benjamin’s successes…

  • Early years in Australia

  • Young Achievement program in High School

  • Working at PWC

  • Co-founding iMega

  • Directing Founders Institute since 2011

  • Is startup life different in Australia

  • How important mental health is

Ambition Today Question of the Day™ :
What was it like to make the switch from Founder to Investor?

The Single Greatest Piece of Advice:
Members of the "A-list" can listen to exclusive A-list bonus clips here! If you are not a member yet be sure to join the Ambition Today A-list!

Quote Of The Episode: 
“Relationship in businesses are critical, it takes time to build relationships…”

Links from this episode:

Listen to this episode now: 


The A-List

Join the shows A-list backchannel for exclusive access to additional Ambition Today content, deeper guest insights, a community of fellow fans, and much more. Plus, Learn the single greatest piece of advice this guest has ever learned! 

If you are already a member of the A-list then you can easily access your bonus content from right here! 

Thank you for listening! 

Thank you so much for listening and applying these useful tips and strategies to your life! If you have a chance, please drop by and leave a review for the show on iTunes by clicking here. Also, who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…

Transcript:

You can find the full transcript of this episode here. 

Ambition Today Episode Sponsors:

Founder Institute

WeWork

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