520: How An Elite Footballer Built A Billion Dollar Sneaker Brand | Tim Brown [VIDEO]
Jul 12, 2024
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Former professional football player turned co-founder of AllBirds, Tim Brown, shares his journey of building a billion-dollar sneaker brand. Topics include leveraging his sports career for business, the slow burn of AllBirds, the benefits of doubt, staying grounded in Kiwi culture, tackling the competitive industry, handling setbacks, and the importance of refreshing vision over time.
The slow development of AllBirds over seven years as a side hustle.
The benefits of criticism in improving and growing a business.
Deep dives
Starting with Skepticism and Success in Online Retail
Initially faced with skepticism, the founders of the company launched their online retail in America and New Zealand, defying expectations by achieving a million dollars in sales within the first month. Their laser focus on product, customer, and culture led to initial success, but they later realized the importance of maintaining clarity and focus as they expanded.
Transition from Professional Sport to Entrepreneurship
Drawing inspiration from his experience as a professional athlete, one of the founders identified the need for environmentally friendly, minimalist footwear. Starting the journey without a business plan, he pursued this idea during his athletic career, driven by a vision to revolutionize the industry with sustainable materials.
The Journey from Idea to Execution
The inception of the business spanned several years, involving multiple prototypes and iterations before officially launching Allbirds in 2016. Despite facing challenges and setbacks, the founders persisted through dedicated effort, crowdfunding on Kickstarter, and ultimately transitioning to a successful product and brand.
Cultivating Culture Amidst Rapid Growth
Navigating through rapid expansion, the founders emphasized the importance of defining a clear mission, values, and long-term vision for the company to attract talent and maintain a strong organizational culture. Recognizing the critical role of decision-making processes in shaping culture, they emphasized the interconnectedness between strategy, execution, and fostering a cohesive work environment.
DTC brands have had it hard. But AllBirds co-founder Tim Brown doesn’t care. For him, his business isn’t about labels, trends, or headlines—it’s about striving toward a mission that took seven years to develop. In this episode, Nathan Chan chats to Brown about what gave him the confidence to take on the uber-competitive shoe industry and how the brand plans to bounce back after a challenging year.
In this interview, you’ll learn:
How Brown’s sporting career helped him bring AllBirds to life
The slow seven years burn of AllBirds as a side hustle
How doubt can be an advantage in business
Why Kiwi culture keeps Brown grounded
The benefits of criticism
Tackling the competitive shoewear industry
Why celebrating the little wins leads to long-term success
How Brown’s reacted to recent setbacks at AllBirds
Why “DTC” doesn’t matter
The best parts of entrepreneurship
Why founders need to refresh their vision over time
And much more founder and brand advice…
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