Latest / She's On The Money / The Daily Edited & In The Roundhouse: How Alyce Tran Turned a $5K Side Hustle Into Global Brands (and Landed Hailey Bieber as a Fan)
Transcript
- 0:00Speaker 1: My name is Tatasha Bamblet. I'm a proud First Nations
- 0:03Speaker 1: woman and I'm here to acknowledge country t glennyan Ganya, Niana,
- 0:08Speaker 1: Kaka yah y and beIN Ahaka Nian our gay In Mbina,
- 0:11Speaker 1: yakarum jar, Dominyama, Domagahawakawaman, damon Imlan Bumba, bang Gadabomba, in
- 0:17Speaker 1: and now in wakah Ghana on yak rum jar Watnadaa. Hello,
- 0:22Speaker 1: beautiful friends, we gather on the lands of the Aboriginal people.
- 0:26Speaker 1: We thank acknowledge and respect the Abiginal people's land that
- 0:29Speaker 1: we're gathering on today. Take pleasure in all the land
- 0:32Speaker 1: and respect all that you see. She's on the Money
- 0:35Speaker 1: podcast acknowledges culture, country, community and connections, bringing you the tools,
- 0:42Speaker 1: knowledge and resources for you to thrive.
- 0:44Speaker 2: She's on the Money. She's on the Money.
- 1:07Speaker 3: Hello, and welcome to She's on the Money, the podcast
- 1:10Speaker 3: where we share the real life lessons behind starting, growing,
- 1:13Speaker 3: and thriving in your own business. I'm your host, Victoria Devine,
- 1:17Speaker 3: and today's guest is what you'd call a repeat offender
- 1:21Speaker 3: when it comes to building brands people obsess over.
- 1:25Speaker 2: She's done it. Twice, and I don't think she's done yet.
- 1:28Speaker 3: She started out in corporate law, but a creative side
- 1:31Speaker 3: project quickly turned into one of the country's most recognizable brands.
- 1:35Speaker 3: What began as a monogrammed accessories label grew into a
- 1:39Speaker 3: global business, with stores in New York and Singapore, million
- 1:43Speaker 3: dollar months and a cult following that included Hailey Beaber.
- 1:47Speaker 3: These days, she's leading strategy at LTK, one of the
- 1:50Speaker 3: world's largest creator commerce platforms, where she helps brands turn
- 1:54Speaker 3: influence into revenue and creators into real deal business owners and.
- 1:59Speaker 2: Somehow wild doing all of that.
- 2:01Speaker 3: She's also running in the Roundhouse, a wildly aesthetic tablewear
- 2:05Speaker 3: brand that's made dinner feel like a design moment, with
- 2:09Speaker 3: collections now stopped by the likes of David Jones and
- 2:12Speaker 3: Sacks Fifth Avenue. If you've ever wondered what it really
- 2:15Speaker 3: takes to build a business that people actually love, you're
- 2:18Speaker 3: about to find out. At least Tran welcome to She's
- 2:21Speaker 3: on the money.
- 2:22Speaker 4: That's such a nice summer, And I loved the little
- 2:25Speaker 4: inclusion of Hailey Biber there. I was just listening to
- 2:27Speaker 4: her on business and fashion and then I was like,
- 2:31Speaker 4: you know when she announced her the sale of her business,
- 2:34Speaker 4: I should I post the picture of Hailey and I
- 2:36Speaker 4: on like, I mean that post on my feed though.
- 2:40Speaker 2: No, Like I was like, I can't claim that, but
- 2:42Speaker 2: you know, no claim it.
- 2:44Speaker 4: I was like, yeah, let me claim that because I
- 2:47Speaker 4: was probably one of the first brands to put her
- 2:49Speaker 4: in as a face of a brand.
- 2:51Speaker 2: And you know she at the time, she was like
- 2:53Speaker 2: dating Drake she had, wasn't it. She wasn't yet.
- 2:55Speaker 4: Yeah, she wasn't even dating Justin yet. So that just
- 2:57Speaker 4: shows my age. I'm sure if my girls listened to
- 2:59Speaker 4: this thing.
- 3:00Speaker 2: Like what era are you from? So we just millennials day?
- 3:04Speaker 3: Me too, though, me too. So it's okay, I want
- 3:07Speaker 3: to start with your business story, if that's okay. Of course,
- 3:11Speaker 3: who were you before you started your first business and
- 3:14Speaker 3: how did.
- 3:15Speaker 2: That come about?
- 3:16Speaker 3: Because you were a corporate baddie who with a little
- 3:19Speaker 3: creative side hustle.
- 3:20Speaker 2: No, who I was is still who I am now.
- 3:22Speaker 4: I would say that I run business and work with
- 3:25Speaker 4: people in quite a not a legal manner, but with
- 3:27Speaker 4: that kind of quite a professional backbone, which is for
- 3:30Speaker 4: some people somewhat not off putting, but it's sort of
- 3:34Speaker 4: a little bit different to everyone in the industry.
- 3:37Speaker 2: So just what's stuff to do? It just to be sorry,
- 3:39Speaker 2: I've got a business to run.
- 3:40Speaker 4: Who was I That is a really broad and out
- 3:43Speaker 4: large question. I was a nerd and I still am
- 3:46Speaker 4: a nerd.
- 3:46Speaker 1: Like I was very.
- 3:49Speaker 2: Real life. You are I going to get on?
- 3:50Speaker 4: Yeah, academically inclined, very obsessed with I had quite intellectual
- 3:56Speaker 4: friends and still today. And so I was quite competitive
- 3:59Speaker 4: with myself, very hard on myself to like achieve at
- 4:02Speaker 4: school to then get into, you know, law school, and
- 4:05Speaker 4: then achieve at law school. So I was one of
- 4:07Speaker 4: those people that was like chasing a target at you know,
- 4:10Speaker 4: whatever the target was.
- 4:11Speaker 2: When I was a teacher, it was never good enough,
- 4:13Speaker 2: was that? And that's still today, you know, So we
- 4:19Speaker 2: need like you're so wildly impressive, No I need to
- 4:23Speaker 2: strike your ego.
- 4:24Speaker 3: Be like that's more than enough, babe, Like if you
- 4:26Speaker 3: called it a day, I.
- 4:27Speaker 4: Say to my friends, I was like Melanie from Canva
- 4:30Speaker 4: deserves a pout on the back, you know, but not
- 4:33Speaker 4: I'm like so far I'm like stile, but I read
- 4:39Speaker 4: and I'm like I'm a loser because I'm not on
- 4:41Speaker 4: like the gardens, you know, a fr young rich list,
- 4:45Speaker 4: and now I'm at a point where I may never
- 4:47Speaker 4: make that because I'm now going to cross over, you know,
- 4:51Speaker 4: in a.
- 4:51Speaker 2: Few years to the old people list. No disrespect to
- 4:54Speaker 2: the old people. I should be on the way down.
- 4:56Speaker 2: But that's I guess that's the content that I'm seeing.
- 5:01Speaker 2: And but is it not widely that I'm bench like,
- 5:03Speaker 2: why am I even doing that? So it's it's so crazy.
- 5:06Speaker 3: It's kind of heartbreaking at the same time because I think,
- 5:09Speaker 3: you know, the people in my community. I know they're
- 5:12Speaker 3: going to see your name on the podcast and click
- 5:14Speaker 3: on it and go, oh my goodness, I'm so excited.
- 5:16Speaker 2: Thank You's so kindness.
- 5:18Speaker 3: But it's also such a good lesson because it doesn't
- 5:22Speaker 3: matter what you achieve if you've got that type of
- 5:24Speaker 3: personality type yes, So if you're consistently like, oh, and
- 5:29Speaker 3: I'm the same, I go, I've got a podcast. And
- 5:31Speaker 3: then I see it, you know, in business charts, number two.
- 5:33Speaker 3: I'm like, yeah, but that's number two. Do you know
- 5:35Speaker 3: what number two is? At least what first loser?
- 5:38Speaker 4: It is so dumb, it is really crazy, And I
- 5:42Speaker 4: understand that that is wild. I understand that that sounds ridiculous.
- 5:48Speaker 4: But that is how I feel. So therefore that's why
- 5:51Speaker 4: we need to talk about it.
- 5:52Speaker 3: I can't help it. I'm not going to convince you
- 5:54Speaker 3: otherwise I'm going to go, Okay, queen, I'll try and
- 5:56Speaker 3: remind you consistently. But also, I think such a good
- 6:00Speaker 3: reminder because if you've got a really small business and
- 6:02Speaker 3: you're just starting out like and you're not feeling enough
- 6:05Speaker 3: like you actually need to get over that so quickly
- 6:09Speaker 3: because like God, that's going to follow you. I don't
- 6:12Speaker 3: think it matters because it creates motivation, all right, So
- 6:16Speaker 3: we're turning it into motivation instead.
- 6:18Speaker 4: That is I think what drove me to get to
- 6:21Speaker 4: where I am. Let's say, and then I feel like, okay, so,
- 6:26Speaker 4: young lawyer topped your law firm. You know, that's that's
- 6:28Speaker 4: where a lot of people stay, right, And but I
- 6:32Speaker 4: wanted to know and I understand, yes, society would say
- 6:35Speaker 4: that that is impressive, but I wanted more, yeah, with
- 6:38Speaker 4: my life. And even now it's like, okay, it was.
- 6:41Speaker 4: It was funny because a young friend of mine, photographer
- 6:44Speaker 4: Daniel Hanslow, like, I've just become friends with a twenty
- 6:46Speaker 4: five year old like, but why you young?
- 6:50Speaker 2: I met him two years.
- 6:51Speaker 4: I discovered him as what I say, and he was
- 6:53Speaker 4: sitting in my house and he goes, what but you
- 6:56Speaker 4: have everything? And I was like, oh no, Daniel, No,
- 7:00Speaker 4: we're not on the water. You know, we're not like
- 7:02Speaker 4: and he was his face was like computer. Oh, He's
- 7:05Speaker 4: like this never ends.
- 7:06Speaker 2: I'm like, it never ends. It doesn't.
- 7:09Speaker 4: I will keep doing it until it's not sustainable. People
- 7:12Speaker 4: will be like when will you? Even my mom's like,
- 7:14Speaker 4: you know, it never, it's never going to be enough,
- 7:16Speaker 4: Like it never is.
- 7:17Speaker 1: Yeah.
- 7:18Speaker 4: I was like, I just keep pushing myself until it's
- 7:20Speaker 4: not until I'm it's not enjoyable.
- 7:23Speaker 2: Yeah myself.
- 7:25Speaker 3: Yeah. I kind of love the authenticity because I think
- 7:29Speaker 3: a lot of people go, oh business is so shiny,
- 7:32Speaker 3: and girl, you've created two of I would say, the
- 7:35Speaker 3: most esthetic.
- 7:36Speaker 2: Brands, Like thank you.
- 7:38Speaker 3: I spend so much money on your products, Like you
- 7:40Speaker 3: bring out a new range and I'm like, I don't
- 7:43Speaker 3: need it, but do you need it? I do though,
- 7:47Speaker 3: And I remember you came out with the scolloped plates
- 7:50Speaker 3: and I literally bought a season worth of stuff this
- 7:53Speaker 3: season before and I was like, fine, take my money.
- 7:57Speaker 2: That's very affordable.
- 7:58Speaker 3: And then you can totally.
- 7:59Speaker 4: Then you can offload your old set to someone else,
- 8:02Speaker 4: as you would with a hand me down piece.
- 8:04Speaker 2: Of Yeah, that's why I have a younger sibling and
- 8:06Speaker 2: I'm like, oh, this is crazy. How generous am I?
- 8:08Speaker 2: Exactly elevate her table too? Exactly? I am nothing.
- 8:12Speaker 3: It's not generous. But you've just created these beautiful esthetic brands.
- 8:17Speaker 3: And it's so nice to hear the backside of it
- 8:21Speaker 3: of you being like, oh, it's hard and it's never
- 8:23Speaker 3: good enough, and I'm sure that every like it. It's
- 8:25Speaker 3: just in your personality. I suppose to be like, no,
- 8:28Speaker 3: this is actually hardwired into me to nothing's ever good enough.
- 8:33Speaker 3: How do you find that when you're working with like
- 8:37Speaker 3: your friend, because I know that you have like a
- 8:38Speaker 3: really beautiful circle of I would say, very successful friends
- 8:42Speaker 3: as well. How does that narrative play into the conversations
- 8:45Speaker 3: that you have on a regular basis, like are they
- 8:47Speaker 3: are they like me?
- 8:48Speaker 2: And going at least talking about down that much because
- 8:53Speaker 2: everyone is so successful, As you would say, it's sort
- 8:56Speaker 2: of like it's boring. It's not.
- 9:00Speaker 3: Actually we don't wan to work and I don't want
- 9:01Speaker 3: to talk about it.
- 9:02Speaker 2: Yeah, we don't talk about it. We will have like
- 9:04Speaker 2: separate side meetings about things that are the learned to
- 9:08Speaker 2: work during the work week.
- 9:10Speaker 3: But then.
- 9:12Speaker 4: No, I often I don't actually take the time to reflect.
- 9:14Speaker 4: If anything, I talk to them about challenges at the
- 9:17Speaker 4: time if I need to. You know, for example, when
- 9:21Speaker 4: you talk about aesthetic and creation of content for brands,
- 9:26Speaker 4: I've actually had a very difficult time with this crossover
- 9:29Speaker 4: in content performance and types of content that are resonating
- 9:33Speaker 4: with consumers now and now kind of aging out and going.
- 9:37Speaker 4: I don't want to promote UGC content. I like it
- 9:40Speaker 4: when customers are creative with our product, set a table
- 9:44Speaker 4: and are so kind to share it on social media,
- 9:46Speaker 4: but I don't want it on I don't want to
- 9:48Speaker 4: put spend behind it. So I'm one of those sort
- 9:50Speaker 4: of crazy brand purity. So it's something that I'm like discussing.
- 9:55Speaker 4: So I would discuss an issue like that with my
- 9:59Speaker 4: peers or but I wouldn't talk about I don't know,
- 10:02Speaker 4: you know. So it's more kind of like that is
- 10:04Speaker 4: what I sort of bring into the daily chat.
- 10:07Speaker 3: Yeah, I feel like when you're a startup, a lot
- 10:10Speaker 3: of the conversation that has and you're not at this stage,
- 10:13Speaker 3: but you're worse, So we're going to take a little
- 10:14Speaker 3: step back. A lot of the conversation is around funding,
- 10:18Speaker 3: like how do you secure funding?
- 10:19Speaker 2: What does that mean?
- 10:20Speaker 3: And can we go back to tday? Sure, how did
- 10:23Speaker 3: you fund TDA? And like then how did you stretch
- 10:26Speaker 3: the budget? And I guess what kind of advice would
- 10:28Speaker 3: you give someone who's like, oh, I really want to
- 10:31Speaker 3: fund my first idea because like this, Yeah, so I
- 10:33Speaker 3: darted off as a little side project.
- 10:35Speaker 2: Yeah.
- 10:35Speaker 4: So it started off actually with like five thousand dollars
- 10:38Speaker 4: per founder. So it wasn't a huge amount of money.
- 10:41Speaker 4: Because when you're making a consumer product, and this is
- 10:43Speaker 4: what I will say to people, unless you're creating something
- 10:47Speaker 4: like you're in the technology space. I so you want
- 10:49Speaker 4: to come out with a new mobile phone or something.
- 10:51Speaker 4: And I often do not hear people talk about this,
- 10:53Speaker 4: but that's because I'm in the sphere of like, let's
- 10:56Speaker 4: call it consumer goods. Yep, you can start a brand
- 11:00Speaker 4: and quite like it's not expensive to start to brand,
- 11:03Speaker 4: and they fund themselves if your product sells through. So
- 11:06Speaker 4: it wasn't like we were given like a huge amount
- 11:09Speaker 4: of cash to start that business with. It was that
- 11:11Speaker 4: initial product we were lucky enough that it resonated with
- 11:16Speaker 4: consumers and we sold and that creates cash, which means
- 11:19Speaker 4: you can keep buying product, keep investing in.
- 11:21Speaker 3: You to be smart. So you're saying you can just
- 11:24Speaker 3: but so many small business owners like they don't.
- 11:27Speaker 2: See it that way. But what are you making?
- 11:29Speaker 5: Right?
- 11:29Speaker 4: So if your retail price is let's even call it
- 11:32Speaker 4: under let's just say under a thousand, because I don't
- 11:34Speaker 4: do anything in the luxury space, or let's say even
- 11:36Speaker 4: under five hundred, then your product shouldn't be then costing
- 11:39Speaker 4: more than one hundred dollars per unit to make, even
- 11:42Speaker 4: at five hundred. So the thing is is now, I
- 11:45Speaker 4: feel like supply chain and access to supply chain has
- 11:48Speaker 4: like definitely democratized. Like I think you can go on
- 11:51Speaker 4: TikTok and like pretty much search for a supplier or like,
- 11:56Speaker 4: you know, if you find yourself on the right side
- 11:57Speaker 4: of TikTok, Like I've seen all of these videos on
- 12:01Speaker 4: like people just going if you're wanting to like make
- 12:04Speaker 4: a stainless steel like coffee cup range, like these are
- 12:07Speaker 4: like five supply supplies and I'm actually googled them, right,
- 12:09Speaker 4: and God, is this like legit? And it idiots is
- 12:13Speaker 4: so access to information, supply chain is so different to
- 12:17Speaker 4: what it was even.
- 12:19Speaker 2: Work, Like you didn't just jump on tiptok.
- 12:21Speaker 4: We had twenty thirteen or so when we started, like
- 12:24Speaker 4: creating product for The Daily Edited, there were barriers, right,
- 12:29Speaker 4: there's like no barrier now. And you should be able
- 12:31Speaker 4: to make a few samples prototypes of your product. You know,
- 12:35Speaker 4: if you were really tight, you could then go okay,
- 12:38Speaker 4: like obviously a first sample might not be perfect. You'll
- 12:41Speaker 4: come out with a few things. You have one, you
- 12:43Speaker 4: could probably put it on pre order, right and like
- 12:47Speaker 4: take the cash in before you have to pay the supplier.
- 12:49Speaker 4: So you put it on pre order, You place the
- 12:51Speaker 4: order with your supply for your undred one hundred units.
- 12:54Speaker 4: You've got the cash. When the product's ready to ship,
- 12:57Speaker 4: throw the cash over to the supply and then away
- 12:59Speaker 4: you go. So they actually don't need much funding at
- 13:03Speaker 4: the moment. It's that kind of to get off the ground.
- 13:06Speaker 4: It's that next stage of growth. And I think that
- 13:08Speaker 4: was the difference with The Daily Editor. How did we
- 13:10Speaker 4: punch above all of the other brands in that category,
- 13:13Speaker 4: which absolutely and did we did? Because the product was
- 13:17Speaker 4: it's a combination of things. It was so effervescent, right,
- 13:20Speaker 4: Like we really captured the consumer and we're so lucky
- 13:24Speaker 4: with that. And that was came down to like the
- 13:25Speaker 4: personalization aspect of the product, and I bet me how
- 13:30Speaker 4: it was presented and all of that, which I didn't
- 13:32Speaker 4: think through that much. It was more kind of like,
- 13:34Speaker 4: this is the world that I want to create, this
- 13:36Speaker 4: is this is how I want the product presented.
- 13:38Speaker 2: I want to be delighted when I when I go
- 13:41Speaker 2: into store.
- 13:43Speaker 4: It gets to a point where you know you do
- 13:45Speaker 4: need to do that extra layer of investment. That's when
- 13:48Speaker 4: you're like maybe putting down brick and mortar stores, or
- 13:50Speaker 4: you're growing your team and that spend outpaces your revenue growth.
- 13:55Speaker 4: I think you'll talk to other founders. I think you
- 13:57Speaker 4: might be talking to Jane or something.
- 14:00Speaker 3: I'm literally after you. I feel like so privileged today
- 14:03Speaker 3: I'm meeting all these people that I'm.
- 14:05Speaker 2: Just in awe of. It would be a different journey.
- 14:07Speaker 4: And Jane hasn't done stores right, and I'm quite old school.
- 14:11Speaker 4: You can even see that in how like I think
- 14:13Speaker 4: about the world.
- 14:14Speaker 2: I think she's going to be too efferfescent for me.
- 14:16Speaker 3: Like, in the nicest possible way, this woman is full
- 14:18Speaker 3: of energy, and like with the elder millennial, I.
- 14:22Speaker 2: Think, yeah, the way that I do like the fact
- 14:24Speaker 2: that I even talk about stores is no.
- 14:26Speaker 3: I love that, you know, but seeing it touching it, Yeah,
- 14:29Speaker 3: So I love.
- 14:30Speaker 4: That and I want to do that type of thing.
- 14:32Speaker 4: Not every consumer goods founder wants to go on that path,
- 14:35Speaker 4: but that becomes capital intensive. And so that was when
- 14:37Speaker 4: we bought in and investors. That was when Oreton came
- 14:40Speaker 4: in and that cashed up our business in order to
- 14:42Speaker 4: create that next phase of growth for us. But that
- 14:47Speaker 4: didn't happen like that wasn't our first step. That was
- 14:50Speaker 4: like okay, Gez, like we you know, by then, we
- 14:53Speaker 4: probably had about fifty staff and like it was a
- 14:56Speaker 4: reasonable size business for them to even like look at
- 14:59Speaker 4: it and it for it to be considered a strategic investment.
- 15:03Speaker 3: So yeah, I see yourself getting to having and I
- 15:07Speaker 3: know that you've done it again, but did you see
- 15:10Speaker 3: yourself getting to fifty stuff? Because I feel like five
- 15:13Speaker 3: brand from each founder at the start. It feels a
- 15:16Speaker 3: bit like it happened very quickly, and I think I've
- 15:18Speaker 3: done interviews on this before. It was like where I reflect,
- 15:21Speaker 3: I didn't really reflect on it.
- 15:22Speaker 4: It was just like just like I was just doing it.
- 15:24Speaker 4: I was like Sammy's age who you just had earlier,
- 15:27Speaker 4: Like I was like twenty eight or so. When all
- 15:29Speaker 4: of this stuff started to like really blow up, it
- 15:32Speaker 4: wasn't like, oh, like a head count thing. It was like,
- 15:34Speaker 4: we have all these jobs that need to be done,
- 15:36Speaker 4: so people will come and do the jobs. Yeah, So
- 15:38Speaker 4: it wasn't like it wasn't consider it too and then yeah,
- 15:43Speaker 4: this is our org chart and this is who we
- 15:44Speaker 4: need to feel. It's like, no, we actually have so
- 15:47Speaker 4: many we have all these concessions with David Jones now,
- 15:51Speaker 4: or we have you know, our online store is pumping.
- 15:54Speaker 4: We have this many customer enquiries, like one person can
- 15:56Speaker 4: only answer so many people. We have live chat, you know,
- 16:00Speaker 4: like it's it's all incremental. See, it's like you're a
- 16:02Speaker 4: very pragmatic person. You're just like, yeah, like problems has
- 16:06Speaker 4: and yeah, you're like in problem solving mode and you
- 16:09Speaker 4: don't realize how impactful that it's. It's very special watching
- 16:13Speaker 4: you talk about this in a way that you're like no, no, no,
- 16:16Speaker 4: this goes here and then here and there. I can
- 16:17Speaker 4: see it building, but I don't think you've ever like
- 16:20Speaker 4: looked back and be like, that's pretty cool.
- 16:22Speaker 2: I'm because I live there.
- 16:24Speaker 4: No, that is again so kind, thank you for reinforcing.
- 16:26Speaker 4: I will come away from this feeling like a lot
- 16:28Speaker 4: better about my life. But I think that that is business, right,
- 16:32Speaker 4: Like you, you don't sit there with a master plan.
- 16:34Speaker 4: I think it's obviously good to have a vision around
- 16:36Speaker 4: what you want to achieve, and that comes down to
- 16:38Speaker 4: like branding and product creation and stuff you would need
- 16:40Speaker 4: to have, like this is what I'm trying to do.
- 16:42Speaker 4: This is what I'm trying to present to the consumer.
- 16:44Speaker 4: But every day a different set of challenges is going
- 16:47Speaker 4: to come up, whether that's tariffs, shipping, you know whatever,
- 16:50Speaker 4: it is right, and it then is just problem solving.
- 16:53Speaker 4: I don't think that you can plan for all of
- 16:55Speaker 4: this stuff. So that's why I don't really set this.
- 16:58Speaker 4: It's not to say don't have a blue sky vision overall.
- 17:01Speaker 2: But I don't.
- 17:01Speaker 4: I'm not thinking about that necessarily every day.
- 17:04Speaker 2: So I love that.
- 17:05Speaker 3: Can we go back to Haley Beber because like, I
- 17:07Speaker 3: know you didn't post the Instagram story and that's fine.
- 17:11Speaker 2: Maybe now I will win this tra Yeah, I'll do
- 17:14Speaker 2: it all. Part of your line.
- 17:16Speaker 3: Yeah, I'll reshare it, and I really want to see
- 17:19Speaker 3: the photo, but I want to talk about her. How
- 17:21Speaker 3: did she end up doing a collaboration with you and
- 17:24Speaker 3: what did that mean for the brand?
- 17:25Speaker 4: So I really wanted to grow that brand really quickly
- 17:28Speaker 4: that well, you know, or any brand really.
- 17:31Speaker 3: I was buying that.
- 17:32Speaker 2: Yeah, oh my girlfriends every Christmas.
- 17:34Speaker 4: An influencer marketing, whether that be with you know, a
- 17:38Speaker 4: micro influencer like a local mom, through to a major celebrity,
- 17:43Speaker 4: isn't it is a way that I have scaled brands, right,
- 17:46Speaker 4: and I see it in my day job and things
- 17:48Speaker 4: like that as well.
- 17:49Speaker 2: So I was just looking for.
- 17:51Speaker 4: Someone with cool style that I felt represented an age group, like,
- 17:55Speaker 4: you know, the customer that I wanted to target.
- 17:57Speaker 2: That I thought, well, you know, she was cool before
- 18:00Speaker 2: she got the stylist that.
- 18:02Speaker 4: That I thought would resonate and also wasn't too expensive, right,
- 18:05Speaker 4: So I wasn't going to go to Kylie Jenner at
- 18:07Speaker 4: the time because she's already you know, so given a
- 18:09Speaker 4: certain budget, she was the right person for us to do,
- 18:14Speaker 4: you know, a collaboration with that's even now within the roundhouse,
- 18:17Speaker 4: right we you know, I'm sure maybe we should be doing,
- 18:21Speaker 4: you know, buying archives out of like Andy Warhol's.
- 18:23Speaker 2: Kind of work or whatever.
- 18:25Speaker 1: Whatever.
- 18:25Speaker 2: No, but whatever it is, we do whatever is within budget.
- 18:28Speaker 4: Right, we have a vision for product if I can't
- 18:30Speaker 4: create it myself with my own two hands, and we
- 18:33Speaker 4: have to collaborate with someone, and who that person is, yes,
- 18:36Speaker 4: you know we might have a we want it to
- 18:38Speaker 4: look like David Hockney, but Damon Downey, no offense to
- 18:41Speaker 4: dame one. Like local art is where we're going to go.
- 18:44Speaker 3: Right, So you know, it's a functioniful, but it's a
- 18:47Speaker 3: function of.
- 18:47Speaker 4: It's a function of budget, and we can what we
- 18:49Speaker 4: should do. Yeah, So that just happened to be right place,
- 18:53Speaker 4: right time for me. Before that, we had actually worked
- 18:55Speaker 4: with Laura Worthington, and so that created a halo effect
- 18:58Speaker 4: and for me it legitimized the brand because I constantly feel,
- 19:01Speaker 4: as you can sort of see, like I shouldn't be
- 19:04Speaker 4: a brand owner, like this is not my you know, wheelhouse.
- 19:07Speaker 4: I never want to be the face of a brand
- 19:09Speaker 4: or anything like that. And so leaning on other people
- 19:12Speaker 4: and putting a narrative around that sort of helped us
- 19:14Speaker 4: create those you know, those brands.
- 19:16Speaker 3: Yeah, and what did that teach you, I guess about
- 19:20Speaker 3: the power of influence because you touched on before that
- 19:22Speaker 3: You're like, oh, I'm not so sure about like UGC,
- 19:25Speaker 3: so you're in this space, but like UGC is different,
- 19:30Speaker 3: but there's like lots of it's influence, right, Like one
- 19:33Speaker 3: of your GC.
- 19:34Speaker 2: Is content creation.
- 19:36Speaker 4: Ye, someone with a profile is influence, yes, right, So
- 19:40Speaker 4: a UGC creator doesn't have to.
- 19:42Speaker 2: Follow an influencer.
- 19:43Speaker 3: No, it's different things.
- 19:46Speaker 4: They may graduate, who knows, they could graduate.
- 19:48Speaker 3: Okay, okay if.
- 19:49Speaker 2: They want to.
- 19:50Speaker 4: Maybe they just enjoy making content, which is lovely, thank
- 19:52Speaker 4: you very much for making all the content. So you know,
- 19:55Speaker 4: as digital first, a digital first brand creator, right, like
- 19:58Speaker 4: I think obviously loves doors, but my first thing will
- 20:01Speaker 4: be like, what's.
- 20:02Speaker 2: The website look going to look like? What does you know?
- 20:05Speaker 4: What are the digital touch points of the brand look like?
- 20:07Speaker 4: And so and as a result, okay, you create that
- 20:10Speaker 4: stuff and how do you drive traffic to it? So
- 20:12Speaker 4: you know, I'm sure again if you're on this side
- 20:14Speaker 4: of TikTok or Instagram or you see, the big sort
- 20:16Speaker 4: of digital agency is hammering you with how to run
- 20:19Speaker 4: a meta strategy or a Google strategy or whatever. It is,
- 20:24Speaker 4: but working with people to drive traffic to your site
- 20:27Speaker 4: is like the ultimate right. That is like digital world
- 20:29Speaker 4: of mouth. So therefore, working with influencers has always been
- 20:33Speaker 4: a big part of how I've seen you drive traffic
- 20:38Speaker 4: but also create brand, because if you work with the
- 20:41Speaker 4: right influencers that represent your brand, then you're kind of
- 20:44Speaker 4: killing two birds with one stone, right, So you get
- 20:46Speaker 4: the face, you get that contextual sort of imagery, but
- 20:49Speaker 4: then you also get the.
- 20:51Speaker 2: Traffic and eyeboss to your site.
- 20:53Speaker 3: Yeah, and you've built two very iconic, very influential and
- 20:57Speaker 3: very successful brands. Talk to me about what lessons you
- 21:02Speaker 3: took from the Daily edited into going or I'm going
- 21:05Speaker 3: to launch in the round house.
- 21:07Speaker 2: Lets.
- 21:08Speaker 3: I feel like you would have had some good, gritty
- 21:10Speaker 3: lessons some things.
- 21:11Speaker 4: Okay, So what was amazing about the Daily was all
- 21:15Speaker 4: the personalization and all of the ability for the customer
- 21:18Speaker 4: to sort of make their own mark on the product, right,
- 21:20Speaker 4: But that was always a huge taxing part of the business.
- 21:23Speaker 2: So you couldn't open a store a lot of work.
- 21:25Speaker 4: Without Like a store wouldn't open its doors unless there
- 21:28Speaker 4: was someone also there to also monogram the product. So
- 21:32Speaker 4: it became a very kind of taxing thing and on
- 21:34Speaker 4: one of the things, and so that was one thing
- 21:37Speaker 4: that I didn't want to take into another business.
- 21:39Speaker 3: We aren't personalizing any of this. You're all getting the
- 21:41Speaker 3: same plates.
- 21:42Speaker 4: However, however, an explosive part of our business is the
- 21:47Speaker 4: custom offering.
- 21:48Speaker 3: It would be you should not be surprised.
- 21:50Speaker 2: We love seeing our names on things.
- 21:53Speaker 4: So it's not even that it's like for weddings and
- 21:55Speaker 4: things like. You know, so obviously wedding content.
- 21:59Speaker 3: Fancies, it's like, stop it. So I wish I had
- 22:02Speaker 3: known that was an option when I got married.
- 22:04Speaker 4: And it's pretty affordable, like in the scheme of a
- 22:06Speaker 4: scheme of wedding budget, which you know, I know, I
- 22:09Speaker 4: don't want to talk about wedding budgets, but we all
- 22:11Speaker 4: if you listen to that stream podcast.
- 22:14Speaker 2: On wedding budgets and it's whatever makes sense to you. Yeah,
- 22:18Speaker 2: of course.
- 22:19Speaker 4: So that's actually weirdly not weirdly. When it started happening,
- 22:24Speaker 4: I was, oh, God, there's no.
- 22:26Speaker 2: Surprise.
- 22:27Speaker 4: But we wanted to do it because I want to
- 22:30Speaker 4: it's that invigoration delight customers. So we can actually do
- 22:34Speaker 4: a custom set of ten plates for like three hundred
- 22:37Speaker 4: and fifty dollars, which is like pretty much unheard of globally.
- 22:40Speaker 4: Really absolutely, So you can have like a kid's drawing
- 22:43Speaker 4: foot on it, you can have like your family crest.
- 22:44Speaker 4: You can have And then now because I was like,
- 22:47Speaker 4: oh no, I'm just going to leave it like pretty
- 22:48Speaker 4: loosey goose. You don't want to like promote it too much.
- 22:50Speaker 2: It's going to be there for the.
- 22:51Speaker 4: Real die hard customers want it. And now it's like no,
- 22:56Speaker 4: now we're going to have these drop downs on the site.
- 22:57Speaker 4: This is going to be a template for this. I
- 23:00Speaker 4: was just like, okay, so we're going down that road again. Sorry,
- 23:02Speaker 4: that was a lesson that.
- 23:03Speaker 3: Think I've read this book before, so I didn't.
- 23:07Speaker 4: Initially want to take and look, it's not our whole business,
- 23:09Speaker 4: whereas the Daily editor it was, you know, the e
- 23:11Speaker 4: majority of the business. The other aspect was we had
- 23:16Speaker 4: so much money tied up in inventry in the Daily
- 23:18Speaker 4: because the range was so big in a sense that
- 23:20Speaker 4: I would come up with something and we would make
- 23:22Speaker 4: it because it was like cool, yes, yes, sounds good,
- 23:25Speaker 4: and so the range phone it was great, you know,
- 23:28Speaker 4: And now I have to be quite a bit more disciplined.
- 23:30Speaker 4: You know, went from an air podcase through to check
- 23:32Speaker 4: in the luggage, right, So we were doing the full
- 23:34Speaker 4: and now you see businesses operating across that spectrum separate ones,
- 23:38Speaker 4: but we were.
- 23:38Speaker 2: Doing the whole thing. And I was like.
- 23:42Speaker 4: In the roundhouse, and I've got a co founder and
- 23:44Speaker 4: in the roundhouse as well, she will say things, and
- 23:47Speaker 4: I go, does this relate to us being the number
- 23:49Speaker 4: one table scaping brand for the gen zen millennial market?
- 23:52Speaker 4: So if it's a tea towel, unfortunately we're not doing it,
- 23:55Speaker 4: even though Lee Campbell is like, do te towels and
- 23:57Speaker 4: people say this to us. I have to just be
- 23:59Speaker 4: disciplined because if it doesn't go on the table, forget
- 24:04Speaker 4: about it, because.
- 24:05Speaker 3: You know it's in the kitchen, but we're not in kitchen.
- 24:08Speaker 2: Is a piece of string you could?
- 24:11Speaker 4: You could do these things and so as a result,
- 24:13Speaker 4: our inventry is a lot more tight. So then the
- 24:15Speaker 4: business is a bit more cash efficient.
- 24:17Speaker 2: Than the previous. We love to see it so that
- 24:20Speaker 2: they're probably one and a half, like one and a
- 24:23Speaker 2: half lessons, and I take.
- 24:25Speaker 3: Care were there other things that you did deliberately different
- 24:28Speaker 3: with in the round house?
- 24:30Speaker 4: That was what I was trying to do was a
- 24:32Speaker 4: lighter touch business, you know, so that, for example, we'd
- 24:35Speaker 4: never hold I'd never really wholesale before, so when people
- 24:38Speaker 4: talk to me about wholesale, I'm like as green as
- 24:40Speaker 4: the next person. And I was like, wouldn't that be
- 24:43Speaker 4: amazing to create a wholesale business where we can sort
- 24:48Speaker 4: of just sell and it's not our problem anymore? But
- 24:50Speaker 4: I actually am not wired that way. I'm very d
- 24:52Speaker 4: T C vibes. So even though we retail with David Jones,
- 24:56Speaker 4: I'll still go into stores and then the David Djroones
- 24:58Speaker 4: stuff like who is she? Like, I'm like tidying up
- 25:00Speaker 4: the v Yeah, that's her job, Yeah, making videos of things.
- 25:05Speaker 2: It's like cute.
- 25:06Speaker 4: Yeah, so yeah, it's hard to take. It's not like
- 25:11Speaker 4: I'm saying I'm like living the same journey again in
- 25:13Speaker 4: a different vertical.
- 25:14Speaker 2: But yet I love it.
- 25:16Speaker 3: I feel like in the round house is like the
- 25:19Speaker 3: table scape, but it's a bit like fashion, right, Like
- 25:23Speaker 3: you've you treat dinnerware like it is fashion, and there
- 25:26Speaker 3: are trends. It's like me gifting all of my older
- 25:29Speaker 3: stuff to my sister so I can have a new
- 25:31Speaker 3: table escape, Like, don't tell her it's the older stuff
- 25:33Speaker 3: and I just replaced it. But like you do seasonal
- 25:36Speaker 3: drops and you've got limited runs in you I feel
- 25:38Speaker 3: like you've created this like level of exclusivity at the
- 25:41Speaker 3: same time as it being completely accessible. Why do you
- 25:44Speaker 3: think that strategy works so well with the audience that
- 25:47Speaker 3: you have?
- 25:47Speaker 4: Well, I think, okay, so you can't sell something unless
- 25:50Speaker 4: it's like authentic to you, right, I would find it
- 25:53Speaker 4: so boring. And I don't know how some of the
- 25:55Speaker 4: incumbent older brands do this. If I had to create
- 25:58Speaker 4: content around the same product year after year, boring, I
- 26:02Speaker 4: just don't know how they do it.
- 26:03Speaker 2: Like, so when you look at some of the you know,
- 26:05Speaker 2: brands that we would aspire to be okay, so sorry,
- 26:09Speaker 2: brands like Wedgewood or Royal outBut also and they've been
- 26:13Speaker 2: around for hundreds of years, right, and you're like, well,
- 26:15Speaker 2: that's incredible because to have a brand stand that level.
- 26:19Speaker 3: Of that test of time is like so incredible. I
- 26:21Speaker 3: did inherit some Wedgwood teacups.
- 26:24Speaker 4: Sure, and they're probably And you're like, but how do
- 26:28Speaker 4: they market that? You know, like you're so part of
- 26:31Speaker 4: the product cycle at in the roundhouse. Is because I
- 26:35Speaker 4: simply do not want to be using the same stuff.
- 26:39Speaker 3: But I love that and I feel like you're an
- 26:41Speaker 3: entertainer as well.
- 26:43Speaker 2: Okay, that's the narrative that I don't like that the brands.
- 26:45Speaker 2: Don't let me tell you.
- 26:47Speaker 3: That because I like small, intimate gatherings that have a
- 26:49Speaker 3: cute table scape, like to be honest for people maximum
- 26:53Speaker 3: otherwise I'm over.
- 26:53Speaker 2: Hundred the same. I would never an esthetic.
- 26:55Speaker 4: I would never have that many friends over that's crazy.
- 26:59Speaker 2: But the intent you are so me.
- 27:01Speaker 3: I'm like, I love the idea.
- 27:03Speaker 4: In theory, the intention of the brand was to elevate,
- 27:05Speaker 4: like my inability to cook. So if you put like
- 27:09Speaker 4: a piece of toast and your fried egg onto a
- 27:12Speaker 4: really nice plate, all of a sudden we're at the Ritz.
- 27:16Speaker 3: Yes, elevate you know, past look homte.
- 27:21Speaker 5: Yeah.
- 27:22Speaker 4: It was to elevate their every dining experience. But the
- 27:24Speaker 4: media I have put this sort of host she's a
- 27:27Speaker 4: hostess spin on it.
- 27:29Speaker 2: I don't know.
- 27:29Speaker 4: I keep saying, I'm like, that's not me, and I'm like,
- 27:31Speaker 4: you know, and there was all these photos of me going,
- 27:34Speaker 4: you know, like this table scape, and I'm like, but
- 27:35Speaker 4: that's not I've done that because hard to you, are.
- 27:38Speaker 2: You like, that's not who I am. It's like who
- 27:40Speaker 2: I am.
- 27:41Speaker 3: I love an everyday experience, and I want you to
- 27:43Speaker 3: love an everyday experience.
- 27:45Speaker 2: But you guys aren't coming over for dinner. I'll do
- 27:47Speaker 2: it for content.
- 27:49Speaker 1: Do you know what?
- 27:50Speaker 3: Absolutely fair? I feel like I get so exhausted with
- 27:53Speaker 3: large groups of people, and I just like having like
- 27:56Speaker 3: my sister over for dinner, or I like having a
- 27:58Speaker 3: girlfriend over for dinner and making it a really enjoyable experience.
- 28:02Speaker 2: Like that's just who I am and how it works.
- 28:05Speaker 4: Or I would be like we can have pres and
- 28:06Speaker 4: then we'll go out, because also like the idea of
- 28:09Speaker 4: cooking that volume of food is also you know something
- 28:13Speaker 4: that I'm absolutely fair?
- 28:15Speaker 3: All Right, She's built not just one, but two brands
- 28:18Speaker 3: people are absolutely obsessed with. But how do you actually
- 28:21Speaker 3: scale a business without losing your mind? After the break,
- 28:25Speaker 3: we're going to get into the juicy stuff growth, her influencers, strategy,
- 28:29Speaker 3: and Alisa's tips for nailing e commerce. Guys don't go anywhere,
- 28:36Speaker 3: all right, at least we are back. I'm very excited
- 28:38Speaker 3: about this. I feel like this is honestly one of
- 28:40Speaker 3: my favorite interviews. Like I'm just really resonating with how
- 28:44Speaker 3: organic and authentic you are being. And I just know
- 28:46Speaker 3: that people are going to listen to this and be like, oh,
- 28:48Speaker 3: she's an icon.
- 28:50Speaker 2: But stop being so nice. I'm so sorry, but like,
- 28:55Speaker 2: is this awkward? Ok at you?
- 28:56Speaker 3: Now, that's okay, you can look over there, but I
- 29:00Speaker 3: would say that, like you, let's be honest, I'll bring
- 29:03Speaker 3: it down.
- 29:03Speaker 2: Does that help?
- 29:03Speaker 1: Yeah?
- 29:04Speaker 2: Dial it back, dial it back? Please?
- 29:05Speaker 3: You're okay?
- 29:06Speaker 2: At e commerce?
- 29:08Speaker 3: You're okay?
- 29:09Speaker 2: Because I feel like we're in a new era as well,
- 29:11Speaker 2: so really yeah, yeah, no, but let's like, she's pretty
- 29:18Speaker 2: good at e commerce.
- 29:19Speaker 3: I saw right at it. And there are probably a
- 29:21Speaker 3: few people out there who are dreaming of having an
- 29:23Speaker 3: e commerce startup. What advice would you give people who
- 29:27Speaker 3: are about to dive in?
- 29:29Speaker 2: And is there anything that you're like? I wish I
- 29:31Speaker 2: knew that at the start.
- 29:32Speaker 4: Again, you know how we talked about supply chain earlier
- 29:34Speaker 4: and how I think there are no barriers I think
- 29:37Speaker 4: doing things. It's very there is no barrier to e
- 29:41Speaker 4: commerce either, and anything that you do you can delete
- 29:44Speaker 4: and start again also with actually very little cost. So
- 29:49Speaker 4: in the olden days, let's go on twenty fifteen or
- 29:55Speaker 4: anything pre covid feels was forever. Yeah, pret quite, let's
- 29:58Speaker 4: call it so before I guess the advent of Shopify
- 30:00Speaker 4: sort of being the go to platform. You know, we
- 30:04Speaker 4: used to build on other platforms like Magento or Salesforce
- 30:08Speaker 4: or whatever. They're quite heavy platforms. So if you were
- 30:11Speaker 4: creating a home page or a product page or any
- 30:14Speaker 4: kind of functionality was like in the olden days, hard coded,
- 30:18Speaker 4: whereas now there's apps, and you know, like it is
- 30:21Speaker 4: so easy, like I make my own website changes, like
- 30:24Speaker 4: who am I? Because it's so easy. It's almost slower,
- 30:28Speaker 4: just cheap, so I do that.
- 30:29Speaker 2: It's just it's just a slower process to ask someone
- 30:32Speaker 2: to do it for you.
- 30:33Speaker 4: Right, And now obviously you've got I haven't even laid
- 30:36Speaker 4: in the chat around AI and even just leveraging chat
- 30:39Speaker 4: GPT to tell you how to do things, so it's
- 30:42Speaker 4: not what is the tip? The tip is just don't
- 30:46Speaker 4: overthink it because it is so easy. What does it
- 30:48Speaker 4: cost for like a I'm not sponsored by Shopify at.
- 30:50Speaker 3: All, but like honestly they should.
- 30:53Speaker 4: It's like one hundred dollars a month or something. Just
- 30:55Speaker 4: download it, puts put a theme on it and then
- 30:58Speaker 4: once you get going and you want to have something
- 30:59Speaker 4: does find and you want to spend that time, you know,
- 31:02Speaker 4: paying someone else to sort of brand create and whatever.
- 31:05Speaker 2: Then cool.
- 31:05Speaker 3: And I feel like back when you did the Daily edited,
- 31:08Speaker 3: like I was kind of starting my business at the
- 31:10Speaker 3: same time, and websites were really hard.
- 31:13Speaker 2: Yeah, they weren't easier.
- 31:15Speaker 3: Yes, now it's like whatever, Like I'm on Squarespace and
- 31:19Speaker 3: I swear I could like build it myself.
- 31:21Speaker 2: And like what's meant?
- 31:22Speaker 3: Yeah, absolutely, but like it's so much.
- 31:25Speaker 2: Easier these days than what it used to.
- 31:28Speaker 4: Like, you know, so therefore everyone is when you say, oh,
- 31:31Speaker 4: like an e commerce I'm like, what even is that
- 31:34Speaker 4: these days? That's why when I say I think we're
- 31:35Speaker 4: in a new anymore.
- 31:38Speaker 1: It is.
- 31:38Speaker 4: I'm sure you know, as a business scales, there is
- 31:41Speaker 4: complexity to it, but we're talking about getting out of
- 31:44Speaker 4: the door, right, so I think from it, let's just
- 31:46Speaker 4: get the thing going. It is everyone's on the same
- 31:49Speaker 4: playing field these days.
- 31:51Speaker 2: So yeah, can I ask a spicy question? Thank you?
- 31:54Speaker 3: Spicy like it, let's go. I see business partners. Yeah,
- 31:59Speaker 3: you've had business partners the broad benches. Do you have
- 32:02Speaker 3: any advice on starting a business.
- 32:04Speaker 2: Oh my god, I I do. I do it, And
- 32:06Speaker 2: it's not that spicy, Like I'm more I'm.
- 32:07Speaker 3: Very asking people about business partners I know they don't
- 32:10Speaker 3: have anymore, is like asking me about my ex business
- 32:13Speaker 3: partners and I'm like, so, I'm actually really busy.
- 32:15Speaker 2: I've got to go. No, it's totally fine.
- 32:18Speaker 4: I think part of it is, you know, with the
- 32:19Speaker 4: daily edited as you could sort of see we didn't
- 32:23Speaker 4: have a not like a vision for it, but we
- 32:25Speaker 4: didn't know where it was going to go. That that
- 32:26Speaker 4: business started as like two young lawyers, like doing stuff
- 32:29Speaker 4: on the make for money, like for Chanelle handbags. That
- 32:32Speaker 4: was the There was no like intent around what the
- 32:37Speaker 4: end game was going to be.
- 32:38Speaker 2: And then we weren't on the same page as to
- 32:40Speaker 2: what the end game.
- 32:41Speaker 4: Able to buy some backs, yeah I got some Chanel backs,
- 32:44Speaker 4: but yeah, the ultimate end game what that was? And
- 32:48Speaker 4: so that was where you know, we parted ways because
- 32:51Speaker 4: I wanted to set myself up financially and sell out
- 32:55Speaker 4: of that business, whereas I, unbeknownst to me, my co founder,
- 32:58Speaker 4: wanted to have a business forever and I.
- 33:01Speaker 2: Hold on, that is not what I'm in here. Well,
- 33:02Speaker 2: that's interesting, isn't it. That's not going to be my journey.
- 33:06Speaker 2: That's interesting.
- 33:07Speaker 4: Whereas with in the Roundhouse, I learned that, like if
- 33:09Speaker 4: we're talking about lessons that I was like, this is
- 33:12Speaker 4: what we're doing. We're creating this brand in order to
- 33:15Speaker 4: better our lives, whether that be ripping cash out of it.
- 33:18Speaker 4: So Brooke, my co founder, can go on nice holidays
- 33:21Speaker 4: we do three children, or I can buy more stuff
- 33:24Speaker 4: or whatever it is going to live by the bad
- 33:26Speaker 4: dad is the Yeah, that's the kind of And I
- 33:29Speaker 4: check back in with her a lot because I have
- 33:31Speaker 4: this assumption that everyone's on the same page with me,
- 33:34Speaker 4: and I've been given this feedback in my actual you know,
- 33:38Speaker 4: because we talk about my professional career, like my day
- 33:40Speaker 4: job is that I have a lot going on in
- 33:42Speaker 4: my head and I assume or sometimes I don't take
- 33:46Speaker 4: people on the journey with me, not because of any
- 33:49Speaker 4: it's not an ill intent or anything. It's just that
- 33:52Speaker 4: I've got like I go at a different pace to
- 33:55Speaker 4: everybody else.
- 33:55Speaker 3: So I feel that and I have gotten that feedback before,
- 33:58Speaker 3: like I'm ten miles ahead of you, because I've been like, okay, cool,
- 34:03Speaker 3: so we'll do that and then we'll do this, and
- 34:05Speaker 3: we'll do that.
- 34:05Speaker 2: And then I've just said that the end goal and
- 34:07Speaker 2: I go, oh, at least we're going to do this,
- 34:09Speaker 2: and you go, no, we're not.
- 34:10Speaker 3: Where is this come from? And I'd be like, oh,
- 34:12Speaker 3: there was a whole plan. Yes, there was a whole plan,
- 34:14Speaker 3: and I've already thought about all of the pitfalls. I
- 34:17Speaker 3: find it so interesting because both of your businesses have
- 34:21Speaker 3: been stocked in David Jones, which is very cool. Have
- 34:25Speaker 3: you got any advice for brands that might be on
- 34:29Speaker 3: the cusp of potentially getting into a department store?
- 34:32Speaker 2: How did you do that? And is it what people
- 34:36Speaker 2: think it.
- 34:37Speaker 5: Is going to be?
- 34:39Speaker 4: So with the Daily Edited, I like pitched to them directly,
- 34:43Speaker 4: like I was told who the buyers were of that
- 34:45Speaker 4: category and I literally I literally just sent product to them.
- 34:50Speaker 4: And then one of the buyers came out and saw
- 34:53Speaker 4: me at our tiny office in Wallara and was like,
- 34:56Speaker 4: you know what, you can have a pop up lower
- 34:59Speaker 4: ground four neck next to the hosary for six weeks
- 35:01Speaker 4: and see how it goes, you know, Like he didn't
- 35:04Speaker 4: think it was going to go anywhere, but obviously it
- 35:06Speaker 4: went places.
- 35:06Speaker 2: So that that was like, do you like proving people wrong.
- 35:10Speaker 4: It wasn't that, like I was just really excited to
- 35:12Speaker 4: be like next to Hosiary on the lower ground and
- 35:14Speaker 4: we made lower ground floor a thing, you know, so
- 35:16Speaker 4: that there's no kind of magic around that. Obviously for
- 35:20Speaker 4: them it was like, we don't have anything in this category.
- 35:23Speaker 4: It's online only that there's no other it'll be exclusive
- 35:25Speaker 4: to us. That's that's, you know what it came down to.
- 35:28Speaker 4: Then it went obviously within the roundhouse. It came around
- 35:30Speaker 4: a lot quicker because they knew who I was. But
- 35:33Speaker 4: again it came down to they don't have anything else
- 35:36Speaker 4: in this category. Yes, they have stuff in this category.
- 35:39Speaker 4: It was price point and presentation in a certain way.
- 35:42Speaker 4: So I think, you know, the advice is if you
- 35:44Speaker 4: want to be in that world, then it's like why
- 35:46Speaker 4: would they move something off the shelf, like if you
- 35:49Speaker 4: walked over Jones. It's full right, they're doing their jobs.
- 35:51Speaker 4: It's merchandise. Every shelf is spoken for. Why would they
- 35:56Speaker 4: remove something.
- 35:57Speaker 2: To put your ground in there?
- 35:59Speaker 3: That's a good way thinking about it as well. It
- 36:01Speaker 3: kind of like puts you physically in the store to go, well,
- 36:04Speaker 3: why would you be there not? Why do you deserve
- 36:06Speaker 3: an additional shelf. Why would we remove something to add you?
- 36:09Speaker 1: Is that?
- 36:10Speaker 4: And is it all that it's cracked up to be? Again,
- 36:13Speaker 4: because I'm old school. If someone's like twenty two and
- 36:16Speaker 4: listening to this, they're like, what even is David Jones right?
- 36:18Speaker 4: And like that is something that I'm helping them within
- 36:20Speaker 4: my day job. But I love physical shopping, and I
- 36:26Speaker 4: do think young people do too, as a pastime to
- 36:28Speaker 4: meet your friends, you know, at the shops, but you know,
- 36:32Speaker 4: or they go to the intersection or whatever it is.
- 36:34Speaker 4: I know that there are more rat culture is not
- 36:36Speaker 4: a thing anymore, but you know, we grew up in
- 36:39Speaker 4: that era and I love I love shopping for leisure browsing.
- 36:43Speaker 4: You know that there's a TikTok sound. I just want to,
- 36:46Speaker 4: you know, on the weekends, put on an outfit, walk
- 36:49Speaker 4: around for a bit, Like that's what.
- 36:51Speaker 2: I like to do.
- 36:52Speaker 3: So therefore you like me and you like doing that
- 36:54Speaker 3: on your own, Like to me, that's not a group actypically.
- 36:56Speaker 2: Defends, So it's with So if it's someone like my
- 36:59Speaker 2: boyfriend is really good.
- 37:00Speaker 1: At that with me.
- 37:02Speaker 2: He's so good at it and he loves like walking
- 37:05Speaker 2: around and like looking at.
- 37:06Speaker 3: Me, my boyfriend or my husband would never Yeah, he's like,
- 37:10Speaker 3: so you go, like, I think I've waited this long
- 37:13Speaker 3: to be We've just said that I now get to
- 37:15Speaker 3: have someone who likes to walk around with me and
- 37:17Speaker 3: make comments about stuff.
- 37:18Speaker 4: So I really enjoy that globally. So that's why I'm like,
- 37:22Speaker 4: I want to be a part of that. So I
- 37:23Speaker 4: don't mind whatever the commercial not pitfalls are, but like
- 37:27Speaker 4: the lack of commercialness of it sometimes, and I think
- 37:30Speaker 4: that kind of says it all doesn't matter to me
- 37:33Speaker 4: because for me it's part of building brand.
- 37:35Speaker 2: Yeah, and it's bigger than people give it credit for.
- 37:38Speaker 2: Yes and no, Well, so.
- 37:40Speaker 4: Again we should talk to a twenty two year old
- 37:42Speaker 4: about this, But to hit Auston, you know, how I
- 37:45Speaker 4: justify it from a marketing perspective is that we hit
- 37:49Speaker 4: the girl moving out of home, you know, on TikTok
- 37:52Speaker 4: on Instagram. But the person who ultimately pays for the
- 37:56Speaker 4: purchase is going to be her mum, and her mum
- 37:59Speaker 4: believes in the brand because she's seen.
- 38:00Speaker 2: It at David Jones. It's a good point. So so
- 38:04Speaker 2: I'm like, that's how I justify it, whether or not
- 38:06Speaker 2: that's trackable and whatever if I told my mum, oh.
- 38:09Speaker 3: I've bought this new shirt, I've bought this new plate,
- 38:11Speaker 3: I've done anything. She goes, it was from David Joones.
- 38:14Speaker 3: She goes, oh, okay, yeah, it's a good brand, must
- 38:17Speaker 3: be good.
- 38:17Speaker 2: There it was David Joe.
- 38:19Speaker 3: Yes, you mentioned LTK before, which I feel like is
- 38:23Speaker 3: increasing in popularity at a crazy rate, right, But like
- 38:27Speaker 3: that's the founder you need to have on yes, in
- 38:31Speaker 3: contact off that list, but you are a brand founder
- 38:37Speaker 3: who still works in a brand.
- 38:38Speaker 2: But girl, you've got a day job as well.
- 38:40Speaker 3: While I talk about that, because they're massive and they,
- 38:44Speaker 3: I would say that I went to an LTK event
- 38:47Speaker 3: last year and I just remember.
- 38:49Speaker 4: Being like, which the one at BONDI It was the
- 38:52Speaker 4: luggage no for Marts and Spencer.
- 38:54Speaker 3: Yeah yeah, yeah, because I'm a marks and spencer, you
- 38:57Speaker 3: enough like esthetic, so that made sense and I like
- 39:00Speaker 3: had so much fun and I wasn't like prior to this,
- 39:03Speaker 3: wasn't using the platform properly, and it felt like that
- 39:05Speaker 3: really helped me. But I also was like, oh, this
- 39:08Speaker 3: is crazy, like how cool that smaller influencers can be
- 39:11Speaker 3: on this, So like this platform is incredible. But then
- 39:16Speaker 3: also you're a brand founder with a very successful business
- 39:19Speaker 3: that arguably doesn't need another full time job, but you've
- 39:23Speaker 3: got one. How did that role come up? And what
- 39:25Speaker 3: made you say yes to taking that on when arguably
- 39:27Speaker 3: you've already got a lot on your literal plate.
- 39:30Speaker 4: So I love content creation, I love influencer. I love
- 39:34Speaker 4: that whole world, right, and that's where I feel like
- 39:36Speaker 4: I have a lot of knowledge. Separate podcast will come
- 39:40Speaker 4: back after the daily edited. I actually because it was
- 39:43Speaker 4: COVID twenty twenty one or so, I was at a
- 39:47Speaker 4: bit of a like, oh what do I do kind
- 39:48Speaker 4: of next? And I had used LTK in the daily edit,
- 39:54Speaker 4: and I was like, Okay, this actually works in kind
- 39:56Speaker 4: of expanding businesses, especially into the US market where it's
- 39:59Speaker 4: a huge platform. So because I like kind of found
- 40:02Speaker 4: you know, it works, I like the concept. I enjoy
- 40:07Speaker 4: this space. It's almost not like work that job. So
- 40:11Speaker 4: I work for them, you know, generally three four days
- 40:13Speaker 4: a week, so it's not totally full time, but the
- 40:16Speaker 4: girls are like, but you're contactable all the time.
- 40:18Speaker 2: It's just talk about that. Yeah, I'm just passionate, all right.
- 40:21Speaker 4: Yeah, It's just the space that I enjoy. And so
- 40:23Speaker 4: then when I talk to other brands about it. It's
- 40:25Speaker 4: quite it is authentic, Like I wouldn't go and sell
- 40:27Speaker 4: it to any.
- 40:29Speaker 3: I literally don't need another job, but I'm so wildly
- 40:31Speaker 3: passionate about that.
- 40:32Speaker 2: I guess I'm here that too.
- 40:34Speaker 4: And also to be real, because we are being real
- 40:37Speaker 4: on this is like my cost of living has changed
- 40:42Speaker 4: a lot so when I was in my twenties and
- 40:44Speaker 4: had the Daily edited and then, and like I have
- 40:47Speaker 4: goals around where I want to be in life, I
- 40:51Speaker 4: kind of have to have multiple income streams. Unfortunately, you
- 40:55Speaker 4: know what we love a transparence. That's just how how
- 40:59Speaker 4: going need more money to live the life I want
- 41:02Speaker 4: because I don't want to be like without money or
- 41:05Speaker 4: as in make choices like oh if you do this,
- 41:08Speaker 4: you can't do that, and so that's why. So that
- 41:12Speaker 4: that keeps the coffee money coming in, as.
- 41:14Speaker 2: I call it, I love that for you.
- 41:16Speaker 3: Now. I've listened to a few other episodes or interviews
- 41:19Speaker 3: with you, and you have historically described your flexibility as
- 41:23Speaker 3: your like CEO superpower. What does that actually look like
- 41:27Speaker 3: in day to day life? This is more like a
- 41:29Speaker 3: tell me how that works, because I would love to
- 41:31Speaker 3: implement that.
- 41:33Speaker 2: Is there something to implement.
- 41:34Speaker 4: I think so people have said my ability to contents,
- 41:37Speaker 4: which is like really crazy, Like you know, so someone
- 41:40Speaker 4: will talk to me, we'll talk now we're talking about
- 41:43Speaker 4: you know, in the roundhouse. If you needed me to
- 41:44Speaker 4: go and pitch LTK to a major retail art, go
- 41:47Speaker 4: and do that. I also, like have invested in some
- 41:51Speaker 4: other startups, so if they were like, pink, I don't
- 41:54Speaker 4: I don't have my phone here intentionally, if someone was
- 41:57Speaker 4: to ask me a question, I'd be like, okay, yeah,
- 41:58Speaker 4: do that you know. So yeah, I think it's that
- 42:01Speaker 4: ability to sort of not dodge bullets, but like work
- 42:05Speaker 4: through all the things. And then you know what in
- 42:08Speaker 4: working with other people, so when you run your own business,
- 42:10Speaker 4: you're the boss no one, it gives you feedback, Like
- 42:12Speaker 4: your feedback is your sales and how much money you've
- 42:14Speaker 4: got in the back, really right, like that's your feedback
- 42:17Speaker 4: when you work with other people in bigger teams, which
- 42:20Speaker 4: and it's not you know, there are founders that I
- 42:22Speaker 4: think you've spoken to have always been founders, like they've
- 42:24Speaker 4: never worked for someone, whereas I've you know, I came
- 42:26Speaker 4: through that legal training.
- 42:27Speaker 3: So for me working advisor, yeah, we both had like
- 42:31Speaker 3: a little bit more of a formal corporate back.
- 42:34Speaker 4: Ye, so for me, working with other senior team members
- 42:37Speaker 4: or whatever is not unusual and so there, but it's nice,
- 42:40Speaker 4: you know what, because.
- 42:41Speaker 2: They give you feedback. They're like, your capacity to work
- 42:44Speaker 2: is actually quite crazy, and I think that comes from
- 42:47Speaker 2: also being an entrepreneur, right, like you just.
- 42:49Speaker 4: Do everything that we're just stuff to do. Yeah, So
- 42:53Speaker 4: I think it's like that the flexibility is like this
- 42:57Speaker 4: my ability to work all the time. Then give feedback
- 43:00Speaker 4: around are you going to burn out? Are you you know,
- 43:03Speaker 4: all of those things.
- 43:04Speaker 2: You have work, liss, balance and stuff.
- 43:06Speaker 4: But I just told you one of my favorite pastimes
- 43:09Speaker 4: is to walk around but in retail, so it's all
- 43:11Speaker 4: kind of interrelated. I love to scroll and look at
- 43:14Speaker 4: content that's all interrelated to you know. So it's kind
- 43:17Speaker 4: of like just one giant lifestyle that I lead. That
- 43:22Speaker 4: are jobs, so flexibility, so it's finding I guess the
- 43:27Speaker 4: lesson is it would be I always think it would
- 43:30Speaker 4: be amazing for everyone to work the way that I do.
- 43:33Speaker 4: So you like that you enjoy your work that it
- 43:35Speaker 4: doesn't feel like I want this for everybody, But it's
- 43:37Speaker 4: not the reality, right, but no, it's about finding how
- 43:41Speaker 4: you what it is that is going to be that
- 43:45Speaker 4: for you. Right, I love that which I think is possible,
- 43:48Speaker 4: Like I'm quite hopeful that it's possible in this day
- 43:51Speaker 4: and age where we remove a lot of manual tasks
- 43:54Speaker 4: with the advent of technology, and I'm not going to
- 43:56Speaker 4: be the AI specialist.
- 43:58Speaker 3: And that's not for me.
- 43:59Speaker 4: That's like I mean a pine on. But you can
- 44:02Speaker 4: see it rolling out. You can see it saving people time,
- 44:06Speaker 4: like I can see it's saving my girl's time where
- 44:08Speaker 4: I'm like put the presentation through chat GBT to clean
- 44:12Speaker 4: up the language rather than like clean figuring.
- 44:14Speaker 2: It for a few hours and thinking exactly which takes something. Yeah,
- 44:17Speaker 2: it takes the horrible part of the job out. So
- 44:21Speaker 2: in theory we should in a few years be going
- 44:25Speaker 2: this way. Yeah. Yeah.
- 44:27Speaker 3: You've also said in another interview that I listen to
- 44:31Speaker 3: that one of the or some of the best things
- 44:34Speaker 3: in your entire career have come from you just saying
- 44:36Speaker 3: yes and you're just being open to things. But goal,
- 44:40Speaker 3: how do those opportunities actually come up? Like they sliding
- 44:43Speaker 3: into your dms? Are they popping up through your LinkedIn
- 44:46Speaker 3: connections or are you just like freakishly good at spotting
- 44:50Speaker 3: a good opportunity to jump on.
- 44:53Speaker 4: I I just go about my life doing what I do,
- 44:57Speaker 4: and people will come because it is apparent that I
- 45:03Speaker 4: can do it or have the expertise.
- 45:06Speaker 2: Ye, wildly capable.
- 45:07Speaker 4: So I put it, that's I haven't really gone and
- 45:11Speaker 4: necessarily core to opportunities. It's like I've had a conversation
- 45:14Speaker 4: and someone's gone, oh my god, like the things that
- 45:16Speaker 4: you're saying make absolute sense.
- 45:17Speaker 2: Will you do X y Z? So yeah, I think
- 45:20Speaker 2: it is. Yeah.
- 45:21Speaker 4: So it's not because I hear this a lot. Oh,
- 45:26Speaker 4: I want to do something, so therefore I need to network.
- 45:29Speaker 2: That scares me. I'm not networking because I'm like, I'm.
- 45:32Speaker 4: Not saying that that's not the case, but I feel
- 45:35Speaker 4: like if you are a weapon at what you do
- 45:37Speaker 4: when you're curious and when you have conversations with people,
- 45:40Speaker 4: those conversations are constructive and you are able to give
- 45:43Speaker 4: them knowledge that resonates with people and that has a
- 45:47Speaker 4: knock on effect.
- 45:48Speaker 3: Yeah.
- 45:48Speaker 4: Right, So that same say with like LTK when I
- 45:53Speaker 4: was talking to them, and I you know, yes, I've
- 45:55Speaker 4: been an owner of a business in Australia, but I
- 45:59Speaker 4: have to to know everything about the Australian retail landscape. Sorry,
- 46:03Speaker 4: I don't want someone really seen you in retail listening
- 46:05Speaker 4: to this within a certain goal, Okay, you've proven yourself.
- 46:09Speaker 2: Okay, so no one's going to be like, did you
- 46:12Speaker 2: hear what she said? She does not know about it.
- 46:14Speaker 4: She does not know about the pricing system at supermarkets
- 46:18Speaker 4: or something like that. But anyway, so that became very apparent.
- 46:22Speaker 4: So therefore, oh, I'm the right person to work with
- 46:25Speaker 4: because everything I said was true. So it is about
- 46:31Speaker 4: I guess, being the best you can be in whatever
- 46:34Speaker 4: it is that you're doing, because that will be recognized.
- 46:36Speaker 4: Yeah when someone speaks to you.
- 46:37Speaker 3: Yeah, absolutely, Alice, I have been adoring this and unfortunately
- 46:41Speaker 3: we are running out of time and I'm so sad
- 46:44Speaker 3: about it.
- 46:45Speaker 2: So tell me what's next for release Tran.
- 46:48Speaker 3: What's she up to? Is there another business idea already
- 46:51Speaker 3: brewing behind the eyes or are you focused on scaling
- 46:55Speaker 3: or what's emotion or your career with LTK, Like, where
- 46:58Speaker 3: are we going?
- 46:58Speaker 2: What are we doing?
- 46:59Speaker 4: I feel like I'm out of assive crossroads right where
- 47:02Speaker 4: my sister's like, either you're going to have to go
- 47:03Speaker 4: to CEO school, like you like whatever she thinks that is, or.
- 47:09Speaker 2: You know, you're going to make another business so you
- 47:12Speaker 2: don't need to go to CEO school.
- 47:13Speaker 3: I feel like you've already been to CEO school, but
- 47:15Speaker 3: you should teacher in school. I've actually, well it's.
- 47:18Speaker 4: Different, right, organizational stuff, you know, in much larger businesses
- 47:21Speaker 4: that I haven't been able to build with my own
- 47:23Speaker 4: two hands. So I'm talking like billion dollar level businesses like.
- 47:26Speaker 3: That is I just know that that's where you're going.
- 47:29Speaker 3: Or you have way too much drive and you put
- 47:32Speaker 3: too much pressure on yourself to not achieve that, like
- 47:34Speaker 3: you're going to be on the rich list, but I
- 47:35Speaker 3: still need to.
- 47:36Speaker 4: Be at a CEO school for that the other or
- 47:40Speaker 4: you know, make another Brandy and so yeah, I actually
- 47:45Speaker 4: so as.
- 47:46Speaker 2: Much as people we don't know what it does. As
- 47:48Speaker 2: much as people.
- 47:49Speaker 4: Think that I know what I'm doing, I'm like, oh,
- 47:51Speaker 4: there's the air of having your shit together what you do.
- 47:55Speaker 4: But that's as I think this is the lesson. I
- 47:56Speaker 4: think a lot of people would look at them and
- 47:57Speaker 4: be like, oh, you know, she has clear direction. I yeah, yeah,
- 48:04Speaker 4: the opportunities as they come, and do you know what
- 48:06Speaker 4: really irks me is that when I see people often
- 48:09Speaker 4: say to me they don't like their phone case, and
- 48:11Speaker 4: I'm like, oh my god, am I going to go back.
- 48:12Speaker 2: Into that world or like whatever it is? So yeah,
- 48:16Speaker 2: like I'm sure at this stage, I'm excited to see
- 48:19Speaker 2: where it goes.
- 48:20Speaker 3: I have been a long term follower of your content
- 48:23Speaker 3: and just adore watching how you grow and how you think,
- 48:26Speaker 3: and like what you do in the moves you make.
- 48:28Speaker 3: I remember pouring over the newspaper when TD is sold
- 48:32Speaker 3: and being.
- 48:32Speaker 2: Like, what happened there? How did that work? Like she
- 48:34Speaker 2: just called me.
- 48:35Speaker 3: I mean I couldn't there.
- 48:37Speaker 2: I did a podcast series straight after that right now.
- 48:41Speaker 3: But it's just interesting, and I think as somebody who
- 48:44Speaker 3: is also in business completely separately, like I am more
- 48:48Speaker 3: in a service based industry, you know, a working mortgage broking,
- 48:51Speaker 3: and it's got nothing to do with what you do,
- 48:53Speaker 3: but like, it's just so inspiring seeing other women be
- 48:57Speaker 3: so influential and making moves that arguably we haven't been
- 49:00Speaker 3: able to make before. Like, it's just very cool to
- 49:03Speaker 3: watch on I have adored this conversation. I hope that
- 49:07Speaker 3: I get the opportunity to have you back on my
- 49:08Speaker 3: podcast again at some point. So thank you so much
- 49:11Speaker 3: for joining me. I know my community is going to
- 49:13Speaker 3: love this converensation as much as I have loved having it.
- 49:16Speaker 3: You've been incredibly generous with your time but also generous
- 49:19Speaker 3: with like the stories and being like girl, I don't
- 49:21Speaker 3: want to talk about it, and like, oh, I actually
- 49:23Speaker 3: want more coffee money, like I want you to have
- 49:25Speaker 3: a lifestyle as well as income. Like It's just been
- 49:28Speaker 3: very refreshing for anyone who's not already stalking your dinner
- 49:32Speaker 3: plates like me, Where do we find you? How can
- 49:36Speaker 3: we look into what Alice Trand is up to?
- 49:38Speaker 2: Well?
- 49:38Speaker 4: I think I give quite an expose on TikTok my
- 49:41Speaker 4: weekly vlog because cannot handle.
- 49:43Speaker 3: It over committing well, I don't know how the yacht, how.
- 49:46Speaker 2: The twenty two year olds do it, but they do it.
- 49:48Speaker 4: And then in the Roundhouse dot com so would love
- 49:51Speaker 4: you to go and if you have any feedback, DM
- 49:53Speaker 4: in the Roundhouse on Instagram.
- 49:54Speaker 3: That's just me, that's just you with a DM.
- 49:56Speaker 2: Yeah, give it to me. I love that.
- 49:59Speaker 3: Well, guys, if you you who have loved this episode,
- 50:01Speaker 3: please let us know in the comments or share it
- 50:03Speaker 3: with somebody else who's got really big dreams.
- 50:05Speaker 2: Don't forget to.
- 50:06Speaker 3: Follow and subscribe so that you never miss a drop.
- 50:08Speaker 3: We've got more inspiring chats coming your way. Thank you
- 50:11Speaker 3: so much, Elise, and we'll see you guys next time.
- 50:13Speaker 3: Thank you.
- 50:20Speaker 5: The advice shared on She's on the Money is general
- 50:23Speaker 5: in nature and does not consider your individual circumstances. She's
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