Siskar.co | Kevin Siskar

View Original

Skip Hop's Michael Diamant Innovates Baby Products

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:
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!

Links from this episode:

Listen to this episode now: 

See this content in the original post

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! 

See this content in the original post

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