Latest / Founder Talk with Alex Sheridan / The Unwritten Rules That Will Get Your Product Into Walmart: A Board-Game Publisher’s Playbook (ft. Joe Barron)
Transcript
- 0:00Joe Baron, founder of Gray Matters Games.
- 0:02Welcome to the founder Talk podcast, man Cheers.
- 0:04Cheers, buddy. I'm this is a different one.
- 0:07I'm not going to lie, and I'm excited about this.
- 0:09It's very your business is very unconventional compared to what
- 0:11we've had in the past and and unique and so excited to dive
- 0:15in. Would you mind just giving the
- 0:17audience a little bit of context in terms of what you actually
- 0:20do, what your company does? Yeah, we design and publish
- 0:24family and adult party games. We're on our 13th game called
- 0:28Cross the Line and we've made it into over 10,000 stores
- 0:32worldwide. Wow.
- 0:34OK, so let's maybe break a couple of these down.
- 0:36Give me the high level of like here.
- 0:38We got a few of them in front. If you're watching on video, you
- 0:39can see these. We've got the game of Wolf.
- 0:43Choose your pack wisely. Give me a quick rundown on what
- 0:45this one is. So this was inspired by my
- 0:47favorite golf game, the Game of Wolf, where you pick your
- 0:51partner based on their tee shot. If everyone hits a bad tee shot,
- 0:55you can go lone wolf and try to get double the points.
- 0:58Usually you're betting money in golf.
- 1:00So I put that to trivia. So you see the subject of the
- 1:04trivia and if you know you're the wolf and you get NFL
- 1:08quarterbacks, maybe you pick me 'cause you know I like sports.
- 1:11Or you could go lone wolf against everybody at the table
- 1:14and try to get double the points in the game.
- 1:17So it's it's really a fun like multi generational trivia game
- 1:21because maybe grandpa gets Disney princesses and he picks
- 1:25his granddaughter as his teammate.
- 1:26So and and the team's always changed.
- 1:28So it's a really fun spin on trivia.
- 1:31That's cool. Yeah.
- 1:32This has four to 12/4 to 12 players and then 14 and up.
- 1:35Yeah. So it's 14 and up because
- 1:37there's some no nothing. Inappropriate just you know, a
- 1:44lot of common knowledge kind of things, but you know you do need
- 1:47a little bit more life experience to answer them
- 1:49they're. Getting their old friends, Yeah,
- 1:52unless they get the Disney princesses or something, the
- 1:53Disney movies or something like that.
- 1:55But yeah. OK.
- 1:56And then what about the donut challenge?
- 1:57That reminds me of the K cups. Yeah, Donut challenge is over
- 2:02100 different minute to win it challenges using all these
- 2:06components that come in that donut box.
- 2:09So there's a giant inflatable donut, there's two coffee cups,
- 2:12there's ping pong balls or the donut balls and then these
- 2:15squishy little toy Donuts. And you do all these fun like
- 2:20Bennett to win it challenges. So you know, you might have to
- 2:22hold the inflatable donut and someone has to throw the ping
- 2:26pong ball through the hole and then you score.
- 2:28So nice. It's all fun and silly
- 2:30challenges. Very cool and then cross the
- 2:32line is the newest 1? Is that out yet or no?
- 2:34No, that one comes out in May. We got to keep it a little under
- 2:37wraps, but it's going into two major retailers, one in May and
- 2:41then one this fall. And that is our most unique game
- 2:45we've ever made. It's a very like getting to know
- 2:48each other type game, but in a very creative and visual way.
- 2:53Your games are really well designed too, like the just the
- 2:56look of them kind of pops and it tells a little bit of a story.
- 2:59Do you design those two? We work with some very talented
- 3:02designers. The game of Wolf came from a
- 3:08person in Schaumburg named Idea Monster.
- 3:11Donut Challenge was mostly done by one of our graphic designers
- 3:14Elena Lyons and then Cross the Line was done completely by our
- 3:19now full time designer Sofia Riccardi.
- 3:23And how did you get into all this?
- 3:24Because I was reading before you, you know, you basically
- 3:27left corporate M and a strategy to build a gaming company.
- 3:31How does? How does that even happen?
- 3:33I came up with my first idea for a game on a family road trip
- 3:37through the Arizona desert with my my mom and my wife are very
- 3:41competitive and they're like come up with a game.
- 3:44And that set the premise for our first game called You Betcha.
- 3:48And we ended up kick starting that game and that was
- 3:51successful and gave me enough confidence to go out and give it
- 3:55a run. But had there had to be a
- 3:58process to this, right? Because like you have one game,
- 4:01you start it and then you decide I'm going to bring this to
- 4:04market because we're having fun playing it.
- 4:05Like how does that go from the idea creating the game to then
- 4:09we're going to start a business out of this?
- 4:11Yes, So what? We got very lucky.
- 4:14A Google search brought me to Luis Diaz, who did the design
- 4:19for Wolf and you betcha. And he was connected with a
- 4:23group. There was a store in the Chicago
- 4:27area called Marbles of the Brain store around the time when we
- 4:30were starting Gray Matters Games and actually went bankrupt and
- 4:34sold the spin master. And then we took some of the
- 4:37talent from from them, like their head of production, their
- 4:40head of marketing, and they sort of help us launch Gray Matters
- 4:44Games without them. We I didn't know what I was
- 4:48doing so. I was going to say, it's like a
- 4:50completely different business. Totally different.
- 4:53Especially from the M&A world, I mean, I guess, yeah, because
- 4:55you're dealing with more because you're selling this straight to
- 4:57consumers, you know, it's completely different.
- 5:00What? Wow.
- 5:02So did you have, did you use money that you guys had to fund
- 5:05the business? Did you have to raise money?
- 5:06Like how did you hire these people and come up with the
- 5:08money? Yeah, it's been mostly self
- 5:11funded. We did a small family and
- 5:12friends, but yeah, we've mostly bootstrapped.
- 5:18And then as you grow now we have, you know, a line of credit
- 5:21in place and things like that because, you know, it's a heavy
- 5:24inventory business. So the more you grow, you know,
- 5:27the, the more cash it takes. When you lend money or when you
- 5:30have family that are investors, does that tarnish the
- 5:34relationship at all or is there any friction there?
- 5:37I'm curious, no? OK, not not in our case.
- 5:40I'm sure it has another. Case well, I bring it up until I
- 5:43was doing dinner with another founder and, and I think it
- 5:46just, it just depends on the it's case by case and it's
- 5:48family member by family member, I'm sure.
- 5:51But he had mentioned that he lent it out.
- 5:52So I think it was an aunt and uncle and he was like 6 months
- 5:54down the road. They were asking where's the
- 5:56return on investment when we get, you know, maybe not the
- 5:59right investor, but I'm curious if that just causes any like
- 6:03friction between you guys. We haven't had any friction.
- 6:06I think we're very good at setting expectations and we
- 6:09communicate really well. And you know, for us, we've been
- 6:13saying the payoff is when we sell.
- 6:15Right, like. Because the more that we grow,
- 6:19the more cash it takes as we're growing.
- 6:22We don't want to be like paying, paying out dividends and then Oh
- 6:27no, now we need to borrow more money 8%.
- 6:29So I think we set that expectation up front and that we
- 6:35continue to grow and do well so. I think that's important to
- 6:39expect a clear expectations and, and, and getting people that are
- 6:43going to be along for the ride long term.
- 6:44I think if someone's like, I want to invest and then a year
- 6:46later get my money is like then just go invest in the S&P 500 or
- 6:49something or crypto or something else, because it's probably not
- 6:52going to be that type of thing. You're investing in a, you know,
- 6:54a start up at that point when you first started.
- 6:57And So what happened then? Let's let's play this out.
- 6:59I'm getting the next the first couple years.
- 7:00What were they like? You bring people over, you've
- 7:02got this new team. It's a brand new business.
- 7:04How are you coming up with the like the ideas for the games?
- 7:07Because you have the one, how do you get inspiration for the
- 7:09other ones? Yeah.
- 7:10So the first few were my own ideas and then we started
- 7:15reaching out into the inventor community.
- 7:17So, you know, probably four or five of our titles now have been
- 7:22from outside inventors. And actually the largest
- 7:27inventor conference every year is in Rosemont.
- 7:32Really. Yeah, so inventors from all over
- 7:34the world, publishers from all over the world come to the
- 7:38Embassy Suites in Rosemont, and it's literally like, you know,
- 7:41speed pitching. Yeah, wow, what?
- 7:45When you look at games like board games and any type of
- 7:47games like this, is there one that's in your mind, iconic?
- 7:50Is there one in your mind that you're like, man, this is like
- 7:53the Holy Grail of games? Or maybe a couple that you look
- 7:55for to inspiration where you're like, they just nailed
- 7:58everything about it? And then my second question will
- 7:59be what makes a great game? Yeah, growing up, mine was, I
- 8:03had two, Cranium was one and then the other one was
- 8:06categories. Both very simple to learn, but
- 8:10you can kind of show your different skills, especially
- 8:13Cranium there's you know, there's drawing, there's
- 8:17sculpting, there's impersonating things.
- 8:21So it's almost like you getting to to show off a little bit of
- 8:26your skills or your knowledge and.
- 8:29What makes a great game in your mind?
- 8:32I think it's creating memories that you'll you'll remember
- 8:35forever with your family. That's a good one.
- 8:39There's always, you know, there's got to be a little bit
- 8:43of fight, like a little bit of tension with your family too.
- 8:46Like, you always love those words.
- 8:48Like yeah, it's competitive, but it's also just like fun and
- 8:51light hearted. I agree.
- 8:53So it's either bringing out laughs or some really
- 8:55competitive thing where it came down to the very last turn or
- 8:59something like that that you're going to remember.
- 9:01Yeah, and how did these things get built?
- 9:04Like you have the idea you have a designer, but like the the
- 9:07what's in the actual box? Like where does that get made?
- 9:10Just get manufactured somewhere? Is it overseas?
- 9:12Like how does that whole process work?
- 9:14Yeah, every single piece, everything is designed the the
- 9:18bill of material. What what you know, the
- 9:21thickness of the card is what exact color that you're using.
- 9:26And we work with two manufacturers over in China and
- 9:31they're just outstanding. I just had dinner with them in
- 9:34in Nuremberg and they're everything is really good
- 9:38quality and they're just fantastic to work with.
- 9:41I feel like they just have that down there.
- 9:43They do the. Whole manufacturing, I mean,
- 9:45it's just unbelievable. Almost everything we touched
- 9:48came from China or was made or touched somewhere partly of
- 9:52China, right? So they seem like they've got it
- 9:55down What And then so, so design you guys come up with it
- 9:59manufacturer in China, ship it over here.
- 10:01Is there a certain like bulk, the volume that you have to buy?
- 10:04And especially when you first got started, was there a certain
- 10:07limits where you had to, hey, you got to buy a thousand of
- 10:09these, Otherwise it's just not even worth it?
- 10:10Yep, the word is Moq minimum order quantity.
- 10:15You know, ranges usually 1500 to 3000 units and.
- 10:19It's a lot of units when you're starting.
- 10:21Yeah. Fortunately we're to the point
- 10:23now where we have built out enough of our sales channels
- 10:28that I'm comfortable ordering like an entire 40 foot container
- 10:31of games, which is you know for across the line is like 13,000
- 10:35units. And it just helps you scale in
- 10:39the cost per game goes down as you can, you know, fill up a
- 10:44whole container. Yeah, right.
- 10:45Oh, for sure. Just driving your supply cost
- 10:47down and yeah, yeah, wow, is it pretty good profit margins.
- 10:51Yeah, the gross margins can be very good.
- 10:54You know, you can get 50% plus gross margins usually.
- 10:59My rule of thumb is if you want to you want to be at like 5,
- 11:03your MSRP should be at 5X your cost of goods.
- 11:07So if I'm selling this game for $25, I want to make it for five
- 11:12or under. Do you think there's a bigger
- 11:14reason that you got into games? Like does it mean something?
- 11:19Yeah, I loved playing games growing up.
- 11:22I mean, I grew up in the Upper Peninsula, Michigan, where
- 11:24there's long winters and there's a lot of family memories of
- 11:29going to my aunt and uncle's house.
- 11:31And they had this huge game cabinet, and we'd always go, you
- 11:35know, raid the cabinet and play together.
- 11:37And so there's a lot of good family memories.
- 11:40And yeah, I grew up playing a lot of chess, so.
- 11:46Do you think in a lot of cases adults sometimes forget to be
- 11:50forget to let their inner child play and to be playful, that
- 11:54sometimes this can bring it out? Yeah, that's the way we look at
- 11:57games is this is the medium for you to to play, right.
- 12:02So, but you got to you got to want to do you got to make time
- 12:06for it to go and and explore. And now there's, you know,
- 12:12there's there were so many of those like classic games from
- 12:14Hasbro that have come out that, you know, everybody knows it's a
- 12:17Jenga's trivial pursuits. But now there are so many
- 12:21options out there that you can get really specific on what you
- 12:26want to do and and how you want to play so.
- 12:30That's true. You know, I've noticed like when
- 12:31I go to the, you know, if I'm in Meijer, Walmart, wherever we go,
- 12:34you know, we're picking out a new game.
- 12:35Let's say it used to be like kind of the staples were there.
- 12:38You'd have like Monopoly and chess and all that.
- 12:40Like the, you know, the ones that you'd know category
- 12:42wherever, but now I you go and there's just like there's a lot
- 12:45more and there's unique ones. There's stuff like the game
- 12:48Wolf, you know, it's like, oh, I haven't heard of that.
- 12:50Who makes that? You know, like it seems like it
- 12:52has. Is that what you've seen too?
- 12:54It's just just the whole categories kind of expanded a
- 12:56little bit. Yeah, there's two sides that
- 12:59have grown a lot, the party game side.
- 13:01So, you know, if you look at the party game section, a lot of
- 13:04those companies are 15 years or younger, like Cards Against
- 13:08Humanity, Exploding Kittens, Relatable.
- 13:11They dominate that party game section.
- 13:14And then the hobby game area has grown a lot because because of
- 13:20COVID, a lot of people had to stay home.
- 13:22They look for other ways to entertain themselves, which is
- 13:25board games. And then there's conventions and
- 13:30there's more hobby game stores. So that that has exploded, you
- 13:36know, there's I think there's like 2000 games that are coming
- 13:39out a year now. So wow, you can get really neat
- 13:43into what you like. Yeah, I guess that's good,
- 13:45right? Everyone can find a game for
- 13:46them, You know, is there certain people that you found that just
- 13:49like just naturally prefer games over some people that don't?
- 13:52Cause I've, that's kind of been my experience.
- 13:54You get some people are like, let's play a game and other
- 13:55people are like, I don't play games.
- 13:56Yeah, I think you had to grow up with it.
- 13:58It was like something you just did with your family or your
- 14:01parents, and now you want to pass that on to your kids or the
- 14:06next generation? Yeah.
- 14:07It's like a cultural thing or traditions type thing, right?
- 14:11Yeah. What did you learn about
- 14:13consumer behavior building, you know, games like this?
- 14:17Like there had to been things that you noticed that you say
- 14:19people tend to like this or not like this or the way they think
- 14:22about entering into a game or instructions or any interesting
- 14:26takeaways there? I'm curious.
- 14:28Yeah, you be you have to be able to describe the game in like 10
- 14:32seconds. Why why would I like this?
- 14:35Why is this for me? And then even beyond the the
- 14:39consumer side, every retailer that looks at this game looks at
- 14:44it at a different way, right. So a hobby game store, they look
- 14:48at that they're like, and you tell them it's 2499.
- 14:51Wow, that's, that's a great price for 2499.
- 14:55You showed the Walmart buyer they're like, that's a little
- 14:56high. You showed the TJ Maxx buyer and
- 14:59they're like weighs about 2 lbs. That's about 1499, right?
- 15:04So. Dang.
- 15:05So there's like the consumer side and then like the B to B
- 15:09side that everyone looks at the same box in a very different
- 15:13way. Yeah.
- 15:15That's a good one on the I think, you know, I said the same
- 15:17thing in marketing. If you want to do good content
- 15:19marketing, you've got to be simple and you've got to
- 15:21intrigue the audience. Yes, people try to get too
- 15:24complex, they get too confusing. They just try to do too many,
- 15:27you know, they try to sound sophisticated and we're the most
- 15:30pioneering or engineering rather.
- 15:31And it's just like people don't know what the hell you do.
- 15:33They end up going, I read the whole damn page.
- 15:35I still don't know what you do, you know what I mean?
- 15:37So it's like if you get too cute in marketing, you can actually
- 15:39market yourself out of the industry.
- 15:42But then you also got to have something that does have
- 15:44intrigue in that little bit of cuteness to bring people in.
- 15:47You know, you got to have the wolf on there or the doughnut
- 15:49that people recognize from K cups or the cross the line, you
- 15:52know, So it's a little bit of a balance of being a little bit
- 15:55cute and and out-of-the-box, but then also making sure that it is
- 15:59very clear as to what it is in the gaming world.
- 16:02You know, sounds like just making sure people can
- 16:04understand what it is, because I think it's part of the the
- 16:07purchasing philosophy as they go.
- 16:09Do I get this game? And if I don't get this game,
- 16:11I'm not putting in my cart. And even if I get it, do I get
- 16:14it home? And then it's all of a sudden
- 16:16it's complex. I I thought it was more, I
- 16:18thought it was easier. It's difficult than we thought.
- 16:20We're not. We're spending 1520 minutes
- 16:22trying to understand what the damn thing is, and then it just
- 16:25gets thrown in the shelf and you never play.
- 16:27Yep. Is that right?
- 16:28Yeah, so many inventors and sales people focus on the
- 16:33gameplay instead of focusing on features and benefits of the
- 16:36game, right? So when you get into the weeds
- 16:40on the gameplay, right, people's eyes start to glaze over versus
- 16:44like, hey, you're going to have a ton of laughs, you're going to
- 16:46get to know each other, and you'll learn it in under 5
- 16:48minutes, OK? That's great marketing, right?
- 16:52Yeah, yeah, the same thing. If you're selling, you know, a
- 16:54different B to B service or a product, what is it going to do?
- 16:58What is it going to do for the actual customer and what's the
- 17:00experience that you're creating? What's the emotional type take
- 17:03away they're going to have? That's really what you're
- 17:05selling. You're not.
- 17:06Like you said earlier, you're not necessarily selling the
- 17:08game. You're selling an experience and
- 17:10memory that people can share with their families.
- 17:12That's ultimately what you're doing.
- 17:13Right. Yeah, yeah.
- 17:15And when I work with inventors, you know, they want to get
- 17:19directly into the gameplay. And I want to start with like,
- 17:21why is this? Why is someone going to buy this
- 17:23game? Yeah.
- 17:25Think about that first, and the gameplay kind of almost comes
- 17:29second. I mean, it's the gameplay's
- 17:31important, but at the end of the day, you got to sell the game,
- 17:34right? Exactly.
- 17:36Yeah. So you mentioned getting it into
- 17:38stores. How do you, what's the key to
- 17:39getting into these retail stores?
- 17:41Like, yeah, you mentioned TJ Maxx, Meyer, you know, these
- 17:44types of things. You're in thousands of stores.
- 17:47What was that process like and what are some of the things that
- 17:49helped you get in? Yeah.
- 17:51So all of the bigger stores have a buyer for that game section.
- 17:57So you really got to get to the buyer.
- 18:00You know, early days it was LinkedIn stocking, trying to get
- 18:04to the buyer or being at the trade shows and trying to get in
- 18:07front of the buyer mostly. Now we do that through our
- 18:11distributor, Asthma Day, which is the largest board game
- 18:15company in the world. So now my job is more setting
- 18:18them up for success when they get in front of the buyer.
- 18:21Interesting. Or, you know, if I'm at a show,
- 18:24maybe we'll do a joint pitch together.
- 18:26How did you develop that relationship?
- 18:28Because I think there's a lot of crossovers entrepreneurs
- 18:31listening to that now or it's not just like go try to get the
- 18:33next customer. Some of it is just strategic
- 18:35relationships. How did you how did you build
- 18:37that one? So the head of Asthma Day North
- 18:41America's name, Julian Sharp, we shared a beer garden together at
- 18:47the Chicago Toyne Game Fair probably 7 or 8 years ago and
- 18:52kept the relationship ever since.
- 18:53And then when she moved over to Asthma Day, we started talking
- 18:56about how we could work together.
- 18:58And now we're we've think we've been together over 2 years now
- 19:03with Asthma Day. So just get in front of people,
- 19:06you know? Getting in front of people,
- 19:07keeping good relationships, you know, I'd never look at a
- 19:12competitor is like this fierce rivalry.
- 19:15It's like, hey, we, how could we work together at some point,
- 19:18right? So always keeping those doors
- 19:20open right has been really helpful.
- 19:22Yeah, it's one of the reasons we do this podcast in person.
- 19:24It's just a different experience when you're sitting across from
- 19:27someone versus being on a screen.
- 19:29I was going to ask you that how do you feel about, you know,
- 19:32screen games like your, you know, the game on your
- 19:34smartphone, Xbox, PlayStation compared to these in person
- 19:38games that you guys create? You know, part of our mission is
- 19:43to get folks off of screens and. Is it that's part of your
- 19:48mission? Yeah, and it's cool and really
- 19:50interacting with each other in a different way.
- 19:54You know, I, I can see where maybe someone's across the
- 19:59country or, you know, we can't be together in person.
- 20:02So let's play a game interactively or on a screen.
- 20:06But you know, we, we've got, we both have kids, right?
- 20:10You know how often they're on screens and this is just another
- 20:14way to get them back and socializing.
- 20:16And you build so much, so many things you don't even think
- 20:21about when you're playing a game.
- 20:22Strategic thinking, spell, spell.
- 20:25It could be spelling reading. How to follow directions.
- 20:30So in the social aspect is just there's so many benefits that
- 20:35people don't even think about when they're playing a board
- 20:37game because they're just having fun.
- 20:38Yeah. So do you think too much screen
- 20:41time is harming us? Yes.
- 20:43I do too. Yeah.
- 20:45What you just said is spot on. Because I remember like when I
- 20:47look at my kids and they're on a screen or TV or whatever it is,
- 20:51it's almost like, and even myself or anybody, even adults,
- 20:54it's like we're zombies. Like we're just kind of just
- 20:56watch some of those kind of like, you know what I mean?
- 20:59Like they're just not even if they're playing a game, it's
- 21:01just kind of like, it's just like, they're almost like, it
- 21:04reminds me of what's the Matrix? We're like, they're plugged into
- 21:08the Matrix and it's just like, they're not even there, you
- 21:10know? And you're like, hey, and
- 21:11they're like, you know, like they're just completely out of
- 21:14it. Whereas if you play an actual
- 21:16game, like one of these that you guys build, you see people open
- 21:20up, you see them laugh, they're engaging, they're aware, they're
- 21:24thinking, they're smiling, they're they're just present.
- 21:28It's a completely different experience.
- 21:30Yeah. So do you have like game or
- 21:33screen time limits and that kind of stuff at your house?
- 21:35Are you pretty? What about yourself?
- 21:36Are you, Do you, are you conscious of it too?
- 21:37Do you pull out your phone and check stuff?
- 21:39Yeah, and I'd still need to get better, but I always just try to
- 21:43leave it out of the room, you know, when I'm, when I'm trying
- 21:46to focus and do focused work, just put it somewhere where you
- 21:49can't even pick it up because you know, when you hear the
- 21:51buzzer, right, you're, you know, you want to get that, that hit.
- 21:57That's what it is too. It's like I find sometimes I
- 21:59find myself and I'm trying to get better at it too.
- 22:02The out of the putting the smartphone out of your room I
- 22:04think is a great hack because if it's out of sight, it's a little
- 22:07bit harder to get to your and it kind of reminds you all right,
- 22:10it's out of the room for a reason.
- 22:11Like don't go to the other room and go get it, you know, leave
- 22:13it on the charge or whatever it is.
- 22:14But it is a challenge because there's you're kind of like
- 22:18picking up your smartphone and you're like, oh, what's the
- 22:20little next gem that I get? Is it a good e-mail?
- 22:23Is it social media, you know, posted well, is it my stocks are
- 22:27up? Is it, you know, you're just, I
- 22:28find myself just checking for that stuff.
- 22:30And then I have to remind myself, like, dude, what are you
- 22:32doing? Like go live life, enjoy your
- 22:35day, spend time with your loved ones or your clients or whoever,
- 22:38but just be present. And I think, man, that's like a
- 22:41superpower for entrepreneurs. I think it's focus is discipline
- 22:46and focus if you can true, because I think it like, you
- 22:48know, everyone has their same 24 hours in the day, as they say,
- 22:51and everyone you know, if you're if you're good, you get 678
- 22:54hours of sleep. You take care of your body,
- 22:56obviously, but then we all have that pocket of window to work,
- 22:59whatever that looks like for people.
- 23:01And my thought is you don't always need to work more.
- 23:03It's just are you squeezing every oz you can out of the
- 23:06time? And it doesn't mean working
- 23:0824/7. It means even with you, you're
- 23:10working your ass off and focus during the day.
- 23:12So when four or five o'clock hits, you can actually be
- 23:14present with your kids because you've been so focused and
- 23:17lasered in that you've knocked that shit out versus going into
- 23:21one thing and then you check LinkedIn, you're out now, you're
- 23:24doing that. Then you get an e-mail, you pop
- 23:26into there. That is something I'm really,
- 23:29really focused on for 2026 because I think that makes a
- 23:33massive difference. Yeah.
- 23:34And it's also just having that plan, right?
- 23:38So we do a strategic plan every year to start the year, so we
- 23:41know exactly what our goals are and then boom, we're hitting the
- 23:47ground running. I have it in front of me every
- 23:49day, so I'm staying focused on what's important.
- 23:53What about social media? Do you think social media has
- 23:55ruined society or do you think it's been a net positive?
- 23:59I wouldn't say a net positive. I think if you use it in the
- 24:02right way, it's OK. But if you're just like doom
- 24:06scrolling at night, it's like, you know, especially like the
- 24:10political environment, you can get so fired up and there's,
- 24:13there's not really much you can do about it, right?
- 24:16Like it's just getting you fired up and it's just wasting energy.
- 24:22That's it, man, I, I have a loved one.
- 24:25I won't say who they are 'cause they're the only one that in my
- 24:29life that are under this name. But she, she spends too much
- 24:34time, I think on Facebook getting fired up over political
- 24:37stuff. And I, and I say the same thing.
- 24:38I'm like, just just don't even do it.
- 24:41Like, what's the point? You know, like there's no, to
- 24:44your point, there's no, you're not going to convince people
- 24:45that are complete opposite viewpoints of view.
- 24:48And, and what's the point of even trying to online Like it
- 24:51just, it's just a drain. It's just an energy drain.
- 24:53You walk away and you feel like I that sucked the energy out of
- 24:56me. It was a waste of time.
- 24:58I could have done something way more productive or positive and
- 25:00there's no, absolutely no benefit.
- 25:03Yeah, but people go back to it. It's.
- 25:05Yeah, I think, I think if you bring it to like you're focused
- 25:08on building a community that can be beneficial.
- 25:13So to give you an example, we work with a ton of different
- 25:16influencers in the game industry.
- 25:18And I've now built out like great relationships, like where
- 25:21I even would call them friends, right.
- 25:23So when I was in Germany last week, I went out to dinner with
- 25:26Danielle Standring, who's an influencer that, you know, her
- 25:31first video is her chug chugging milk and playing games.
- 25:35And I was like, this is hilarious.
- 25:36Like I got to got to meet her. And so we've done so many things
- 25:40together now. So finding those relationships
- 25:45and cultivating community on social media is a great way to
- 25:49do it. Going and doom scrolling and
- 25:51just getting yourself fired up over, you know, political
- 25:56controversies is a waste of time.
- 25:59I agree, man. I agree.
- 26:01So many better uses of your time.
- 26:02So let's talk a little bit about marketing and sales, you know,
- 26:05because again, a lot of entrepreneurs, founders
- 26:06listening to the show, I always try to get insights from what
- 26:09are people doing from a marketing standpoint, from a
- 26:10sales standpoint that's helping them grow their company.
- 26:13You mentioned influencers. Is it worth it to work with
- 26:16influencers? Absolutely yes.
- 26:18And if so, what's the right approach there?
- 26:20So we like to have a base of influencers that we just have a
- 26:26great relationship with and we're going to work with them on
- 26:30every game because we just like their content, we like their, we
- 26:36like them as a person. And so we've built out, I would
- 26:41say, so, a few really core ones that we'll always work with.
- 26:45But we've got a list of maybe 20 to 30 that will, you know, kind
- 26:49of swap in and out. And you got to cast a wide net
- 26:54because you never know what the algorithm's going to do, right?
- 26:56This person's video could have 10,000 views this time, and next
- 27:00time it's 3,000,000. So when we go out with a game,
- 27:03we want to hit it hard right out of the gates with influencer
- 27:07marketing and try to get, you know, 20 to 30 videos out there
- 27:12and hope that like two or three hit really, really well.
- 27:16And what does success look like when you're working with the
- 27:18social media influencer? Like, how do you track?
- 27:21What do you track and how? Yeah, we're tracking, you know,
- 27:24views and comments, shares, all that good stuff.
- 27:28But then the easiest way to see it is in your sales reports on
- 27:33Amazon and then Target, right? Did it actually have like a
- 27:36sales impact? A lot of times then we take
- 27:40those influencer videos and then we'll convert them over to
- 27:44social media ads and Meta, like Meta ads.
- 27:47So then you're looking at click through rate.
- 27:49The, the difficult part is on the conversion when you're, when
- 27:52you're selling like through Target and Amazon, you can't get
- 27:56to the end conversion, right because Amazon and Target
- 27:59doesn't share that data. So you have to go more to like
- 28:02the click through and cost per click and stuff.
- 28:05So that's the one difficulty when you're not direct to
- 28:07consumer, you're not getting like the full, you know, funnel
- 28:13data. So how does that work as a
- 28:14vendor on Amazon? I'm curious about that.
- 28:16Like 'cause you, you don't get to really control, they kind of
- 28:18have control the ultimate back end, it sounds like.
- 28:21So what do you do? They just, you just put your QR,
- 28:24your barcode, whatever it is your product and they say, we're
- 28:27going, we're going to list it and if it sells, you got to send
- 28:29it to us. Or how does that whole process
- 28:30work? Yeah, they they have a whole
- 28:32back end where you basically set up your product and then you
- 28:36either have the option of being of fulfilling it, you send it in
- 28:40and Amazon fulfills it for you. You can fulfill it yourself
- 28:44through your own warehouse. What do you guys do?
- 28:47We typically send it into Amazon, so then it's FBA and
- 28:51then you know, that way it can be for Prime members too.
- 28:56But then the the third option is actually you can wholesale it to
- 29:02Amazon and then they sell it on your behalf.
- 29:06But you can you have no control over your pricing anymore.
- 29:09Oh. Geez.
- 29:09So that that's where we wanted to keep that control because all
- 29:14of a sudden they discount something and you upset the
- 29:18target buyer, right? Because they.
- 29:21Undercut the target. Price.
- 29:23Right. Yeah.
- 29:25So you're not able to track if what the videos that they did
- 29:29led to sales if you go through some of those big purchasers.
- 29:33Is that right? Because I'm mostly like the
- 29:35engagement, the click through rate, there's a lot of good
- 29:36signs like, you know, if a video blows up and then you have a
- 29:39bunch of sales like obviously could put two to two together.
- 29:41But is there, I was always curious, is there a direct
- 29:44attribution model where you can say, you know, 72 sales this
- 29:48week came from Michelle who's one of our influencers.
- 29:51Is that possible or no? Not if you're using meta ads
- 29:57that are directing it to like Target or Amazon.
- 29:59Now Amazon has their own. You can do Amazon ads and you
- 30:02can get all that data but leading it back to the
- 30:10influencer or no? The only one you could really do
- 30:13that on is like TikTok shop. OK.
- 30:15Do you guys sell in there too? We do.
- 30:17And you can really correlate if someone came because it's on the
- 30:20TikTok app. Yeah, but they're getting
- 30:22Commission, so you can, you know exactly how many they're right
- 30:25selling. Yeah.
- 30:27What's been your best channel for sales in terms of social
- 30:30media or even Amazon included? Like what's the number one if
- 30:34you had to rank the top 1-2 or three?
- 30:37Social media, I'd say Instagram. Yeah, interesting.
- 30:41For organic. For organic or or ads or both.
- 30:46For both. OK, yeah, when I say organic,
- 30:48just so the audience knows, I mean just posting it with no ad
- 30:51spend or anything like that. Just you have an account, the
- 30:53influencer post it on their normal page and you just see
- 30:56what happens. And it sounds like for you,
- 30:58which I think is a really good strategy, that the social media
- 31:01ads strategy is let's post organically first.
- 31:04Let's see if it does well with the audience.
- 31:06If it does, we do get a big hitter.
- 31:08What we know it works. That's our validation right
- 31:11there. So now we don't have to waste
- 31:12money, put it into something and hope it works, which is how kind
- 31:15of people ran ads like 10 plus years ago.
- 31:17It's just you put something together, a good creative, good
- 31:19copy, you put it out there, you spent money and you hope it
- 31:21works. Now we can see what works first,
- 31:24and then we just take whatever works and we put some gasoline
- 31:26behind it. Exactly right.
- 31:29So Instagram's number one, what would be #2 you'd say?
- 31:32I would say Tiktok in terms of the impressions that you're
- 31:35getting, 'cause they you can have a small following with an
- 31:38influencer, but they can have some big hits on videos.
- 31:42But you I think the conversion isn't as high on Tiktok as it is
- 31:46on Instagram. I think the Instagram father's
- 31:49been more trained to like, OK, I'm going to buy based on this
- 31:53versus the TikTok viewers more like I'm here for entertainment
- 31:57or for for news. But I see that starting to
- 32:00change a little bit now that TikTok shop is starting to grow.
- 32:04Yeah, yeah, yeah. I had dude, the founder of Dude
- 32:08Wipes, Sean Riley, on the show, and I know they're big into this
- 32:11is last year and they do a good amount of business on TikTok.
- 32:15TikTok and Amazon are the two big headers I'm sure the TikTok
- 32:18shop does quite well. Yeah.
- 32:21Is are social media influencers A potentially good option for
- 32:26any type of business? Like, if I wanted to bring
- 32:28people and obviously consumer goods it's great for and things
- 32:31like that, there are certain, like, niches where like, this
- 32:32makes sense. What about if I wanted to bring
- 32:36out an influencer to promote this podcast and if I was going
- 32:40to do that? What do you look for in a social
- 32:41media influencer? How do you know if they're good
- 32:43or not? Because maybe they have 100,000
- 32:44followers but they don't sell shit.
- 32:47Or maybe they have 50 or 20,000 followers and they sell to the
- 32:51roof because they actually have a bought in audience.
- 32:54How do you know? I think you have to find just
- 32:58content that really resonates, resonates with you and your
- 33:02business. There's some game influencers
- 33:06that might have a, you know, a huge following, but they just
- 33:09don't resonate with our brand or our business.
- 33:12And then it's just building that, building really a more
- 33:15long term relationship with that person.
- 33:17If you're looking at it as like a transactional thing, like, oh,
- 33:21I hope I get this ROI on this one video.
- 33:24That's not going to happen, right?
- 33:26You have to build something real that's going to sustain over
- 33:30time. So if I was in your shoes, I
- 33:32would say, hey, you know what, here's two or three people I'd
- 33:34really like to work with and I'm going to put the time in with
- 33:37them and let's build something together versus like, hey,
- 33:40here's here's, here's a script and $500.00 with this video.
- 33:45That's terrible. It's just not.
- 33:46Going to work. I 100% agree.
- 33:48I think the biggest mistake that companies make too with social
- 33:50media influencers is they try to have them do things that don't
- 33:53align with their values and their brand.
- 33:55And to what you just said, if you can find someone that really
- 33:58aligns where it seems like a natural fit.
- 34:00And I get hit up all the time for people like if you do the
- 34:02TikTok, are you and LinkedIn poster.
- 34:04And I'm like, I, I don't resonate with that.
- 34:06First of all, I don't, I'm not like an influencer.
- 34:08Secondly, I don't resonate with a lot of those products and
- 34:10services. But if there is something that
- 34:12I'm really, I use a lot and it's exciting to me and I believe in,
- 34:16well, then it's easier to do because it just fits my brand.
- 34:18It's not I'm Alex here and then I'm doing this with left field
- 34:21or right field product. That doesn't really make sense
- 34:23for what I normally talk about. I think the forced influencer
- 34:27videos is kind of what you're talking about that just don't
- 34:29really land. Yeah, yeah.
- 34:31I think a lot of the big brands will be like, here's this script
- 34:35and here's all like the exact talking points, and there's all
- 34:38these guardrails and it just takes away their creativity.
- 34:42Yeah, I'm like, here's our brand book.
- 34:44Here's the game. Go, go do your thing like I'm
- 34:48bringing you on because I trust what you do and I know that you
- 34:51know your audience better than I do.
- 34:53That's so brilliant, man. I really think so.
- 34:54Because yeah, you, you. What businesses have to remember
- 34:58is these are creators, like they're creative human beings.
- 35:01They're a painter, a musician, a social, that's all the same,
- 35:04just different mediums and formats.
- 35:07They want to be able to express themselves and the product and
- 35:09their the service, whatever it is, the way that they want to do
- 35:12it, whether that's a skit video or they're unboxing it or
- 35:15they're demonstrating it, drinking milk, you got to let
- 35:18them do them. And you're going to get the
- 35:19best, you're going to get the best content that way.
- 35:22Because if you're, I hate the four script stuff, dude, it's
- 35:24just, oh, nobody wants to read off that stuff.
- 35:28And usually the script sucks anyways, you know?
- 35:31Our our largest video, the person had 1200 followers maybe,
- 35:36and they ended up playing our game called Slip it In and they
- 35:39just played it in line at Disneyland.
- 35:41With Wow, that would have. Never said like yeah, that's a
- 35:44good idea and it had like 7 million views or something.
- 35:47Wow. When it comes to like how you
- 35:50format the pay structure and that type of stuff, do you look
- 35:54at like their reach, their follower count, that type of
- 35:57stuff? Is that kind of where they fit
- 35:58in, in terms of how much you would pay somebody?
- 36:00Yeah, usually I ask for like their stats and then their rate
- 36:04sheet. And if they're a seasoned
- 36:07influencer, they already have that stuff and they just send it
- 36:10over. And if we can find something
- 36:15reasonable, like where we can work together, then we'll do it.
- 36:18If, if it they want something astronomical, I won't even go
- 36:21back to, you know, they want 10 grand.
- 36:23I'm not going to go back and be like, hey, will you do this for
- 36:251000 bucks? Right, right, right.
- 36:29I think when you work with enough, you just know, you know
- 36:32what the prices should be, what's reasonable, what happens
- 36:37with a lot of some of the larger influencers as they get in with
- 36:40these agencies and then their their prices go to, you know,
- 36:4510s of thousands of dollars for a video and there's just no way
- 36:48you're ever going to make your any ROI.
- 36:50Yeah. So.
- 36:52Yeah, I think it's like finding the the balance of like they've
- 36:55got enough of an engaged following where they can reach
- 36:58people and make an impact. But it's not not too big to
- 37:00where it's like, yeah, it'll cost you 10 grand for a video.
- 37:02It's like, Jesus, right. You know, I didn't think we'd
- 37:04ever can make that one. It's like almost impossible.
- 37:08Impossible. Wow.
- 37:09So you would say that social media influencers have been a
- 37:12they've been made a pretty big impact on your brand and product
- 37:15and sales and things like that. Do you guys do your own content
- 37:17and stuff like that? Do you try to kind of mimic what
- 37:19the influencers do internally? We've.
- 37:20Tried a little bit but it's it takes up a lot of time.
- 37:26It does, yeah. We're not good at it, so we
- 37:29leave it to the pros and focus on what we're good at.
- 37:32Yeah, Yeah. So going back to the last couple
- 37:35of years, I'm going to kind of go back now to a little bit more
- 37:37about your journey. I was just genuinely curious
- 37:39about 01 more thing I want to ask you about because this is
- 37:41all just like me being curious, honestly just being interested
- 37:44what from a sales perspective perspective, we talked about
- 37:47marketing. What have you learned from a
- 37:49sales perspective coming into these boardrooms and meeting
- 37:52with, you know, companies or buyers, distributors, whatever
- 37:54it is? What are kind of some of the
- 37:56sales? I know you probably did some of
- 37:58it in the M and a strategy that kind of stuff.
- 37:59But is there any like one or two things that stick out that you
- 38:02think entrepreneurs can learn from from how you approach
- 38:05sales? Well, first of all, it's it's
- 38:09not going in and saying here's my stuff, here's what I got.
- 38:12It's hey, what's working for you?
- 38:13What's not understanding what, what are what, what are their
- 38:17needs, right? And then I can cater that pitch
- 38:20to, hey, I think this game is a fit for you based on what you're
- 38:24looking for. So I was going the approach of
- 38:26being myself, being curious and asking questions before I just
- 38:31jump into a pitch. But then it's understanding from
- 38:38the buyer, from the sales team at Asthma Day.
- 38:41What are they looking for? And making sure that that is
- 38:44what is driving our product development.
- 38:47So I won't even start developing a game until I've gotten the
- 38:52Asthma Day sales team to be like, yeah, that's something we
- 38:54could bring to Walmart or Target.
- 38:57It starts at the product development.
- 38:59Side and. Then when you're going in to a
- 39:01pitch, then it's just let's have fun with it and show them the
- 39:06magic of the game. Yeah, as I said, you kind of
- 39:08demo it and try to get them involved and.
- 39:10So you you want to hear a good story?
- 39:12Absolutely. That's what I'm here for, yeah.
- 39:13So we have our first ever pitch with the Walmart buyers at this
- 39:18big show called Gen. Con.
- 39:21And so the Asthma Day sales person's like they're going to
- 39:24be there at 3:00 at your booth. Be ready to show them cross the
- 39:27line. It's like, all right, so it's
- 39:30like 259 and we, we had inventors from some of our other
- 39:34games in the booth signing autographs.
- 39:35I'm like, this is perfect. We got some like live energy at
- 39:38the booth. So one of the inventors has like
- 39:41a liter of like root beer or something, opens it up, explodes
- 39:45all over the booth. Like literally like a fountain
- 39:49of pop just exploding everywhere.
- 39:51So I'm like running to get paper towel cleaning up.
- 39:55Our designer's like Joe. The Walmart buyers are at the
- 39:57booth like I'm like sweating. And they just, they thought it
- 40:04was hilarious. Like they're that's funny.
- 40:06The buyers are real people, Like they're they're they're just
- 40:08like being you, like just having fun.
- 40:11So then, you know, it was we got a laugh out of that.
- 40:13And then we played cross the line, showed them, demoed the
- 40:16game for them. Like, next thing you know, we're
- 40:19gonna be on the shelf. Wow of Walmart, Yeah.
- 40:23Wow. Is that currently or happening
- 40:24soon? That's cross the line.
- 40:27Oh, that's the May one. Wow, that's huge, man.
- 40:30That's a big time deal. What about what's, what's one
- 40:33that went terribly wrong? Like what's a sales conversation
- 40:36or a deal that just went horribly wrong?
- 40:38Maybe early on even too. I don't know if it was sales,
- 40:41but in terms of we had one of our early games go into Target
- 40:47and we just didn't really know what we're doing in terms of
- 40:50packaging and the pricing and everything.
- 40:52Like it just wasn't a fit. It was doomed from the beginning
- 40:56and I just didn't have enough industry knowledge to like know
- 41:02what's a reasonable forecast. And you know, you're just
- 41:05getting, you're just trusting in the retailer, you're trusting in
- 41:08your distributor. And we way, way over order the
- 41:11games we got in cash trouble. The game like went in and out
- 41:16within a few months. And that was, you know, 2018
- 41:21and, you know, once you have a really bad experience with that
- 41:26target or with that buyer and it no matter where it is, they
- 41:29don't want your next game, right?
- 41:31So once you get a game in, you have to perform well or they're
- 41:39they don't want your next one. The opposite.
- 41:41If it does really well. OK, what what's next?
- 41:43Right. So totally it's yeah, it can go.
- 41:46Yeah, yeah, I can see if it flops.
- 41:49One way or the? Other it flops and then you're
- 41:51like, I got another idea. They're like, no thanks.
- 41:53Yeah, exactly. So once it is actually in store
- 41:56and you get you get it in the actual shelves, how much of the
- 42:00sales is depending on you and maybe the influencers and
- 42:03bringing awareness to, you know, to tell people to go buy it
- 42:05versus what what's just like putting it on the shelf and
- 42:09hoping people buy because that seems like it'd be tough.
- 42:11Like in the in the wall full of games, I put a new one.
- 42:13I'm like, do people even notice that shit?
- 42:15So what I've learned it when you get on the shelf at Walmart or
- 42:21Target, you're not winning by two touchdowns.
- 42:23You're down by 5 touchdowns already, right?
- 42:26Like you're now up on a shelf with 50 other games and you're,
- 42:31you know, Monopoly's three feet away, scrabbles 2 feet away,
- 42:34these games that have been known for generations.
- 42:38So how do you get people to go there and pick up your game?
- 42:43So big thing is the packaging, right?
- 42:46It's got to be interesting. It's got to get them, want them
- 42:51to pick up the game and then the back of it's got to tell a story
- 42:55in 30 seconds and sell it. So how did you think about cross
- 42:58the line that that front of the box being interesting enough for
- 43:02people to see and go? What is this?
- 43:05Yeah, I think both with the packaging very bright colors,
- 43:09the the title stands out and then like a cool line of like,
- 43:14oh, some lines are meant to be crossed like, oh, what's that?
- 43:17What's that about? Right, little edge to it and
- 43:20then you pick up the back of the game and it's just very, very
- 43:23simple description of why is this fun?
- 43:26And then how you know 4 steps? How do you play?
- 43:30So going back to simplicity, but but still intriguing enough to
- 43:35get someone to want to watch it. So it says here, how good of a
- 43:39dancer are you? How bad is your road rage?
- 43:42What did your report card look like as a kid?
- 43:44And Cross the Line? You'll answer boldly, honest,
- 43:46occasionally awkward, and always entertaining questions by
- 43:49secretly choosing your answer on a sliding scale.
- 43:52Think they know? Think again.
- 43:54If they can cross your line, they score.
- 43:55The broader they bet, the more they start to gain or lose.
- 43:58Whether you're calling out your roommates pizza preferences or
- 44:01discovering your cousin's karaoke competence, Cross the
- 44:04Line is the ultimate game for getting to know each other and
- 44:06laugh while doing it. Very cool.
- 44:10And then, yeah, you're right. The other, the the flip side or
- 44:12the the other side of the back of the box is just how to play.
- 44:16I don't know if you know, I haven't looked at games, I guess
- 44:19closely enough, but I don't remember them laying it out this
- 44:22clearly. I think a lot of them are like,
- 44:24how does it work? And you're just like step 1234.
- 44:27You probably learned that that's the most helpful way to do it.
- 44:33Yeah, that's really cool. And I do agree.
- 44:34I think the colors pop across the line.
- 44:38You get a little bit of, you know, again, edginess to it, you
- 44:41know, what is this? Yeah.
- 44:45And you know, I can show you afterwards, but the game is very
- 44:47visual. So when it's going to, when it's
- 44:50on social media, there's like this visual, like reveal at the
- 44:52end. Now, have you guys ever thought
- 44:56about doing like putting AQR code and like scanned it to
- 45:00watch you know, a 15 second video of how it's played or
- 45:02something? I don't know if that's a bad
- 45:03idea or a good idea. I'm curious.
- 45:05Yeah, we have in the past. Yeah, you find it works or.
- 45:08Not as much as you'd think. I'm not surprised by that.
- 45:10Yeah. Why is that, you think?
- 45:14I, I don't know, I, I feel like people make that decision just
- 45:17on like looking at the back of the.
- 45:18Box yeah, I also think it's probably hard to tell like what
- 45:22do you put in the video, you know, because it can't be like
- 45:2567 people are going to watch it. It'd have to be a quick video
- 45:27and then what do you I don't know.
- 45:30I think it probably is better just to stick with in this case,
- 45:32what it looks like on the box and explaining it.
- 45:34Let them experience the box. Now, is it helpful to put like a
- 45:39a see through box on there or something if you guys tried that
- 45:43stuff where they can see all the stuff or is that not really?
- 45:45Yeah, our last game rhymes with Duck, actually has a a
- 45:49transparent screen where you can see the, like, rubber duck.
- 45:53Yeah, his name's Chuck. There's like a prop or something
- 45:55to kind of show it. Yeah, interesting.
- 45:58And so, OK, so going back to you guys in the first couple years,
- 46:03I'm curious your mindset as a founder when when you're
- 46:06building this business, it kind of started off, did it start off
- 46:08as a little bit of a side hustle hobby, kind of like, let's see
- 46:11what we can do with it? And then at some point it got
- 46:13serious. Was there a point?
- 46:14Was there a specific moment that you remember where you're like,
- 46:17this is going to be a legit business and I'll be able to,
- 46:20you know, quit my job because assuming you're working your
- 46:22full time job at the time and you're building this on the side
- 46:25or no or did you quit your job to do this full time?
- 46:27I was creating our first game you betcha while working so then
- 46:34after we kick started it and had a successful launch, then I left
- 46:40my job. But then I still took on like
- 46:42consulting roles and found other ways to.
- 46:44Make money, Yeah. The the way I describe it is,
- 46:49you know, I get married and two years later I leave my job.
- 46:55So we cut our income in half, basically, right.
- 46:58Then two years later we have kids, then another kid.
- 47:02So then we doubled our expenses, right.
- 47:05So, right. So if you can get through that
- 47:08with your spouse, yeah, you can get through anything.
- 47:11There are some challenges, you know, now that's that's gotten
- 47:14better. But so we've gone through those
- 47:17sacrifices and done all that so. Did you guys have to make
- 47:21lifestyle changes like real big ones?
- 47:23You know, nothing major. It helped a little bit that
- 47:27COVID, you couldn't really do anything anyway, like go on
- 47:29vacation or no shit, things like that.
- 47:33But things were tight. You were, you were, you know,
- 47:38finding ways to find money that typically, you know, you can
- 47:42borrow from your 4-O1K for 60 days as long as you pay it back
- 47:46then you don't have to pay the taxes on it.
- 47:48Like like things like that of like getting getting tricky of,
- 47:52you know, finding ways to finance your business.
- 47:56Now, did you or your wife ever think of like, consider you
- 47:58going back to work, leaving entrepreneurship, going back to
- 48:01the W2 world? Oh, yeah, Really.
- 48:04Yeah. And did it ever get how close
- 48:06did it get? Pretty close.
- 48:07Really. Yeah.
- 48:08Like resumes out there You're interviewing.
- 48:10Yeah. Really.
- 48:11Oh, for sure. What pulled you back?
- 48:12We, we grew pretty well in 2023. We had a big customer that we
- 48:21got in with. And I think from basically from
- 48:252020 to to last year, we doubled our sales every year for about 5
- 48:32years. So we're now in a in a good
- 48:34spot. And so it's not a concern.
- 48:38Yeah. So now there's no going back
- 48:40now, no going back to W2 world. Not for now, no.
- 48:44You. Never know, not for now.
- 48:46What's your biggest selling game?
- 48:47Our largest selling game is called Slip It In.
- 48:50That's an interesting name. Yeah.
- 48:52So it's a, it's a game. That's the Disney World line
- 48:55where they're in line playing it.
- 48:57OK, so. It's a game you can play
- 48:58anywhere, anytime. So you hand everyone 5 slips and
- 49:02they have the most random phrases you could ever think of
- 49:04on them, like pocket jerky. Has anyone told you you have
- 49:08nice calves? And then throughout the day you
- 49:10have to try to slip these into your conversation without
- 49:14getting busted. I love that and they don't know
- 49:17what the word or phrase. Is they don't know what they
- 49:18are, Yeah. But it's going to be kind of
- 49:20weird, right? So they they're going to be
- 49:21looking for it. So you got to get really clever
- 49:23about it. Wow.
- 49:24That's good. Yeah.
- 49:26I would. I'm going to get that where.
- 49:27Do you buy that target Amazon? OK, cool, slip it in.
- 49:32I should have brought you one. No, that's fine.
- 49:34There's so many to choose from you can't possibly have known
- 49:36which way. And I'm sure these are amazing
- 49:38too. We'll play all of them, but that
- 49:40just seems kind of like creative and fun.
- 49:42Yeah, 'cause you can, you can play, you know, anytime,
- 49:45anywhere. It's just take on a road trip to
- 49:48the bar. Right.
- 49:49Yeah. And you just hope you don't.
- 49:51I mean, it's kind of fun if you do, but if you get a really out
- 49:53there one that's harder to obviously slip it in, then you
- 49:57have nice calves. You might be able to pull that
- 49:59off. You know, just anyone ever told
- 50:01you you have really nice calves? We had someone do so when we
- 50:05were at a convention called Gamma, and we had 200 people
- 50:09playing the game at the same time.
- 50:11And this guy went up to another another guy in line.
- 50:15He's like, has anyone ever told you really nice calves?
- 50:19And the guy just kind of like looked back in and he's like,
- 50:22how can you tell I'm wearing jeans like he.
- 50:25Wasn't like, that's not the best one.
- 50:28Yeah. So what if you what if someone
- 50:32says some a phrase but it's not their thing and you guess and
- 50:36you say is because you just say like, hey, is that your phrase?
- 50:38Is that what you do during the game?
- 50:40If if you say you have really nice calves and I go is that
- 50:42your phrase? But what if I'm wrong?
- 50:44What if you just said it that? Do I lose for guessing if you're
- 50:48I'm not correct? So, So if you call call me out
- 50:51and I wasn't trying to slip it in, yeah, then you have to draw
- 50:54another card. Oh so now I got to do 2 slip
- 50:56insurance. Now you get well now 6 if you
- 50:59have all 5 cards. Oh, OK.
- 51:00Oh, you draw. I got it.
- 51:01OK. Yeah.
- 51:02Wow. But but, yeah, so when I say my
- 51:05phrase, I have to wait 30 seconds for someone to call me
- 51:09out and bust me, OK, before I can say, hey, I slipped it in,
- 51:13OK? So you could also throw out
- 51:16wacky ones to try and trick people though, right?
- 51:18You can so. If you want to be that guy, you
- 51:20know what I mean. Yeah, yeah, I'd almost go into
- 51:23it being like, let's not like you can't throw out like weird
- 51:26shit all throughout the day. Like you really can't.
- 51:29Otherwise you could just constantly be like the it's
- 51:32really the sun is shining today and then are your calves are
- 51:34nice. You could just throw in a bunch
- 51:35of stuff, make people guess and then they never know which one
- 51:38is trying to hack the game. But I think that takes the fun
- 51:41out of it, right? Yeah.
- 51:42You got to go into it being like just your be your normal self
- 51:45and you got to slip these phrases in.
- 51:47Yeah, that's fun. Wow, such A and again, such a
- 51:50simple game. Yeah, my favorite story so far
- 51:53of the game is someone sent me this Reddit post that like blew
- 51:58up on Reddit. Their entire family did speeches
- 52:02at their wedding and they all drew a slip it in card that they
- 52:06had to slip into their speech. That's awesome.
- 52:09Yeah, nice. And like, the groom was pretty
- 52:12pissed off about it because he knew what they were doing as he
- 52:15was doing because he knew some of the phrases, right?
- 52:17And it was like, should I be mad at my family?
- 52:19And everyone was like, weighing in, like, oh, like, cut him some
- 52:22slack, you know? That's awesome.
- 52:24They're just making a game out of it.
- 52:25Wow. So what is what's the dream
- 52:29store or are there any more? Are there any dream stores that
- 52:32you still want to get into or any like dream, you know,
- 52:34opportunities to get your games in front of?
- 52:37I think the dream right now is to do some international
- 52:41expansion. So that show that I was at in
- 52:45Germany last week was really to just get it out into some other
- 52:48countries and start to localize some of our games.
- 52:52We've hit most of the major stores in the United States and
- 52:58Canada, so now it's just looking for where else we can put it.
- 53:02Expansion, yeah, and and obviously doing more.
- 53:06If you're in a Walmart for let's say cross the line, are you in
- 53:09every single store? It depends.
- 53:10Sometimes they'll do test stores and then if it does well, it
- 53:15goes to full chain. That's how that one is starting.
- 53:19It's also going earlier, so, so every major retailer has set
- 53:26dates. So typically it's in January
- 53:28where they reset the whole store and then sometime in the fall,
- 53:32August, September, they reset for the holiday.
- 53:35So this one's actually going early before a set date.
- 53:39So they couldn't fully do every store.
- 53:44Now what you know in the first couple weeks of sales how well
- 53:47it's doing or is there some that don't do anything the first
- 53:49couple weeks then blow up, you know, two months later?
- 53:51You get a pretty good read early on how it's performing, but you
- 53:58really want to be strong right out of the gate, especially if
- 54:02if you're in, let's say August on the shelf, that buyer is
- 54:08making a determination whether you're going to be on for next
- 54:10year in like December or January.
- 54:13So you have like 4 or five months to prove out the sales.
- 54:17Well, it's it's a lot of pressure.
- 54:19Like I said, you're you're down 5 touchdowns.
- 54:21Yeah. Right out of the gate, I've
- 54:23heard that with big box retail, it's like it's it's tough to get
- 54:25in. And then even if you get in, you
- 54:27really got to prove yourself. Yeah.
- 54:29What's that? Shelf space is valuable, Yeah.
- 54:34And the goal with the business is to one day sell it.
- 54:37Sell it or give it to my girls, yeah?
- 54:41It would be kind of a fun business for them to, if one of
- 54:43them is interested to take over. At least you know, maybe both of
- 54:45them, who knows? They love board games and
- 54:47they're always coming up with ideas and so it could be fun.
- 54:51Yeah, it's a fun industry to be in too.
- 54:54Yeah, seems like it. Yeah.
- 54:55And what's, what's the game of life for you?
- 54:58The game of Life. Yeah, like what's the if you're
- 55:01playing the if life is a game, yeah, what would it be for you?
- 55:04Like what's it all about? Just enjoying every day and
- 55:07making the best out of out of every day with whoever you're in
- 55:10front of right with us right here.
- 55:12Like let's make the best out of it.
- 55:13Let's have fun. And you know, my pack is my is
- 55:20my 3 girls at home, my wife and my 2 girls.
- 55:23So trying to make the best for them every day.
- 55:28I guess it's not that different than the actual game.
- 55:31Have some fun, have some laughs, think a little bit, test your
- 55:35creativity. Enjoy every second.
- 55:37Yeah, and and you know, I, I think with the business, it's
- 55:43it's all been about relationships, our Rep groups,
- 55:46our our distributor, our marketing, it's, it's all people
- 55:52I love to work with and we enjoy each other's company like we're
- 55:56each other's favorites. You know, when I go to New York
- 56:00Toy Fair, it's let's go out to dinner, let's go out to lunch,
- 56:02let's go have fun together. We're always working our butts
- 56:07off otherwise. So I'm, I'm just a relationship
- 56:12person, never been transactional.
- 56:14And I think that might be difficult early on in a
- 56:18business, but when you want to have longevity and staying power
- 56:23and a brand like I Am, the brand of Gray Matters games, you got
- 56:30to be building relationships from day one.
- 56:34Love that Joe, I appreciate you coming on the show man.
- 56:36Where can people learn more about what you guys do?
- 56:39Snatch the games? What do you want to plug here?
- 56:41Yeah, you can find all our games on greymattersgames.com and it
- 56:46shows all the retailers that we work with.
- 56:48I always encouraged, go, go to your local game store too.
- 56:53There's they work so hard and they know the games really well.
- 56:56Yeah, they'll learn. You can learn a little bit more
- 56:58about us and our team on there too.
- 57:00And. I think some people don't even
- 57:01know there is a local game store.
- 57:02They got to Google that and find them.
- 57:04Yeah, they're out there, aren't they?
- 57:05Yeah, there's some great ones in the Chicago area.
- 57:07Yeah, I saw on your guys's map where you have the games at and
- 57:10I was like, oh, I don't even recognize this place, but yeah,
- 57:13there's lots of them. And and like you said, they
- 57:15they're passionate about it, so they're going to help you.
- 57:17Yeah, very cool, man. We'll link everything in the
- 57:19description. And again, I appreciate you
- 57:21coming on the show. Thanks everyone for watching.
- 57:23Hope you guys enjoyed this one. Thanks, Alex.
- 57:25Thanks. Cheers bud.