eCommerce Evolution cover image

eCommerce Evolution

Episode 143 - Building & Protecting Culture - The Story of Thread Wallets with Colby Bauer

Dec 2, 2020
58:36

Colby Bauer has personality.  He’s a half-pipe skating, snowboarding, former collegiate athlete who turned a simple idea into a thriving eComm business.  He and his wife McKenzie started Thread Wallets with just a single product idea.  Simple, functional, minimalist wallets with personality.  That initial product took off and Thread quickly grew into a team of 22 that now boasts an expanding product line including lanyards, phone cases, and more.

While there’s a lot to be impressed about with Colby and McKenzie, and their team I really wanted to key in on Thread’s culture and the unique steps they took to grow.  I think you’ll find a ton of good lessons here:

  • How the key to scale might be engaging in activities that DON’T scale
  • How financial intelligence (or lack thereof) can make or break startups
  • How to hire for culture first and is the “hire slow, fire fast” mantra really the way to go
  • How installing a half-pipe at the office lead to a fight amongst the thread founders, but lead to mental health as a focus for the company
  • A good CEO is a non-busy CEO…what does this mean and how is it the key to effectiveness

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode