Latest / Founder Talk with Alex Sheridan / Former Shark Tank Contestant: They Passed On Us, and Then We Built An Empire
Transcript
- 0:00Brittany Heiser, founder of Pluy and former Shark Tank contestant
- 0:04Welcome to the Show. Yes, thank you for having me.
- 0:06Excited to have this chat, and let's make sure we keep about a
- 0:08fist away if you can, OK? And you can move this up if you
- 0:11want to. Yeah, you can move it up and
- 0:13down. You're good.
- 0:15So can you. Before we get in too far into
- 0:18it, can you tell us the audience a little bit about what Pluy is
- 0:21and why it's needed in the world from your perspective?
- 0:23For sure, Pluy is the world's first and only self sanitizing
- 0:27diaper chaining tables. You can find Pluy chaining
- 0:30tables in public restrooms. Or really two moms who came
- 0:34together to solve a big problem. I mean, diaper chaining tables
- 0:38essentially haven't evolved since they were introduced in
- 0:41the 1980s. So change your baby.
- 0:44It's often dirty and and sanitary.
- 0:47It's uncomfortable. You're putting your baby on a
- 0:49rock hard piece of plastic and it's just inconvenient.
- 0:53I always feel like I have two daughters.
- 0:54You have a son. Right.
- 0:55Yeah, yeah. Mine are 12:00, will soon to be
- 0:5812 and 9 now so they're not so little but.
- 1:01Hey, you're out of the diaper. Face way out of the diaper face.
- 1:03Yeah, we're in a really cool face right now, actually.
- 1:05But I remember when I would put them on the change, I would
- 1:08almost be fearful to put them on one.
- 1:09I just was paranoid it was going to fall or something.
- 1:11But then 2, they were just kind of disgusting.
- 1:13I just felt like, oh, this has probably not been cleaned and
- 1:16forever, you know, it's just, it just didn't feel like the best
- 1:19option. So I know Addie Addie's your Co
- 1:22founder. Right.
- 1:23Yes. So how did you guys come up with
- 1:25this concept because that's kind of A and then why do you feel
- 1:28like it's, it is so needed versus what the the industry
- 1:31standard is now? So she was actually out to lunch
- 1:34one day at a Culver's, which is not one of our biggest accounts.
- 1:38Is that right? Yes, they know that.
- 1:39They know that. Story they do they do they
- 1:41contacted us after I've sod aired on Shark Tank and we're.
- 1:44In a lot of. Culver's in Indiana
- 1:46specifically, we're. Going to talk about Shark Tank
- 1:48in a little bit too. If you're listening and you're
- 1:49wondering, yes. Yeah, so it's Addy's idea.
- 1:52She was out to lunch with her family.
- 1:54She was a new mom, and she had never changed a baby out in
- 1:59public. So she tells the story.
- 2:02She was at this Culver she went to.
- 2:06Well, actually her husband was going to change their son and
- 2:09there was no changing table in the men's restroom, which is
- 2:12often a problem that we still see today.
- 2:15And it's it's actually outright offensive.
- 2:17When a business. Chooses not to put a changing
- 2:19table in the men's restroom. Culver's is now putting changing
- 2:22tables in the men's restrooms. I want to say that.
- 2:26And so he came back to the table and he said, Addie, can you, you
- 2:29know, change our sun? I can't.
- 2:31So she went in the restroom and she was like, what is this piece
- 2:34of plastic hanging on the wall? So it was uncomfortable and
- 2:38convenient and it was really dirty.
- 2:41And she has an amazing background in innovation
- 2:44specific to culinary innovation. She authored cookbooks, worked
- 2:49for CPG companies and food innovation, and then just kind
- 2:53of started researching diaper changing tables on her nights
- 2:56and weekends while working full time.
- 2:59She started talking to friends and family about her idea.
- 3:02And then we were introduced through a mutual mom friend who
- 3:06said, Brittany, I know you love product development.
- 3:09Why don't you 2 meet? So we had coffee in Evanston, IL
- 3:14and it was an hour long coffee. And we found ourselves sitting
- 3:18there for five hours and then ended up taking a picture of the
- 3:21two of us in the restroom in front of a changing table.
- 3:25And we said, let's do this. Let's bring this idea to life
- 3:29cuz it's, you know, a problem that you know, so many parents
- 3:33and caregivers have experienced for decades and let's do
- 3:36something about it. Now, did you know what the
- 3:38meeting was gonna be about? I did.
- 3:40I did OK. You knew she had an idea, you
- 3:42knew about the concept and you're like, this is
- 3:43interesting. I'm interested in hearing more.
- 3:45Yes, yeah. So my our mutual friend said
- 3:49Addie's got this great idea. I really think given your
- 3:53product development, kind of general business management
- 3:55experience, you guys would be a good pair.
- 3:58So I often tell people, you know, you may not have that home
- 4:02run idea. That doesn't necessarily mean,
- 4:05you know, you can't be an entrepreneur.
- 4:07That's true. You can always partner with
- 4:09somebody who has the great idea and help bring it to life.
- 4:12Cuz at that point, were you thinking about starting a
- 4:14business or was that not even on your radar?
- 4:16Well, I always have this entrepreneur itch.
- 4:18I come from a family of entrepreneurs, from my grandpa
- 4:21to my grandma's to my uncle, and so I was always writing down
- 4:26ideas but never felt like I had that that big idea.
- 4:31So when I met her and I saw she had a deck at that time and was
- 4:35starting to raise money. Was there a prototype or just a?
- 4:37Deck No, no prototype. But she did hire an industrial
- 4:41designer in Chicago and had gone so far to file a patent, but no
- 4:47prototype yet, like not even a cardboard version.
- 4:49So that's where too I was really excited because I was like,
- 4:52let's validate the features, let's validate this design
- 4:55that's on paper and start prototyping and.
- 4:58Is that where she needed you? It sounded like you filled some
- 5:01of the skills gaps that maybe she didn't.
- 5:02Have yes. And I think that's what's made
- 5:04our partnership so successful as we do come from very different
- 5:08backgrounds. And I think too, when you're in
- 5:10kind of a Co founding partnership, sometimes it's
- 5:13helpful when you don't come with baggage, you don't know the
- 5:17person. And so I often find a lot of
- 5:20businesses, they really fall apart because they're stuff from
- 5:24the past that comes into the present and the future.
- 5:28Yeah, I've heard a lot of horror stories when it comes to having
- 5:30a Co founder, but then I've heard circumstances like this
- 5:33where it's really worked out well and it seems like two
- 5:36people came together with different skill sets or kind of
- 5:39like a puzzle that that fits together.
- 5:41Yes. And so it seems like you got to
- 5:43have the same core values, the same vision, and then maybe some
- 5:46different skill sets that complement each other.
- 5:48Is that right? Yes.
- 5:49And what it was helpful too is we were both new moms, so we
- 5:52both knew this is a problem. We were experiencing it
- 5:56ourselves as you know, kids with or having kids with diapers.
- 6:00I'll also say what was really beneficial is she had her
- 6:04previous network professional and personal and then I was
- 6:08bringing my network to the table.
- 6:10So instead of you know Co founders that have a shared
- 6:14network, we were bringing very diverse networks in terms of
- 6:18potential investors, contractors, even customers.
- 6:22So that was a a really big benefit of us coming together.
- 6:25Now, when you heard the idea 1st and she's laying out the pitch
- 6:27deck for you, are you like this shit's crazy or whether or
- 6:31you're like this is it, this is the home run idea or you're
- 6:34like, I don't know if this is going to work.
- 6:35Like what? What was going on in your mind?
- 6:36That's such a great question because in my mind what was
- 6:39going on is this is such a great idea.
- 6:43I'm so excited to be like on the forefront of learning of this
- 6:47idea with the opportunity to bring it to life.
- 6:49But I also came in very much like, this is going to take a
- 6:52long time. This is going to be very
- 6:54expensive. My product development
- 6:57background is in commercial fitness equipment, fishing
- 7:00boats. Whereas she often shares that
- 7:03she's thankful that she was naive to hard tech, hard goods,
- 7:08product development because she kind of came into it as this
- 7:12won't be that difficult. You know, where I came in being
- 7:15like, we're going to have to go to, you know, a third party
- 7:19global test house. We're going to have to go
- 7:20through testing and certification.
- 7:22We're going to need an electrical engineer, a
- 7:24mechanical engineer, you know. Yeah.
- 7:26Just so that, yeah, I knew it was going to be a challenge.
- 7:30Sometimes as an entrepreneur, your ignorance is bliss because
- 7:34it's just like, I remember when I quit my corporate job in 2020
- 7:37to start my marketing firm. And I remember just, I wasn't
- 7:40even in a great position to do it.
- 7:42And I was just like, it'll just always work out and we'll always
- 7:44have fun. Like, yeah.
- 7:45And then a year later, I did hit a rough batch.
- 7:46I got through it, but it was just like, sometimes you're so
- 7:48naive as an entrepreneur, but it actually works in your favor
- 7:51because you don't know that all about the things that can go
- 7:54wrong. You don't know about the risk
- 7:56or, oh, there's this much planning and time that needs to
- 7:59go into it. You've just got this vision and
- 8:01you want to execute and you want to go, yes.
- 8:03Then on the other side, you got to be realistic and have a plan
- 8:06and Someone Like You has to lay things out.
- 8:08Yeah, especially for a product that is in public is, you know,
- 8:1230 inches off the ground with electrical and UVC light.
- 8:15Yeah, yeah. So, so going through that then
- 8:18I'm, I'm curious and most of our listeners are entrepreneurs,
- 8:21founders, if they have their own companies and we nerd out on how
- 8:24businesses work and what's the details and what are the
- 8:27insights we can learn and extract from your stories.
- 8:29So I'm curious to know kind of the evolution of the product.
- 8:32I've never built a physical product.
- 8:34I think a lot of people listening probably haven't
- 8:35either. So what is it like?
- 8:37You've got this, you're starting at the slide deck or the pitch
- 8:40deck at the coffee shop. What's next?
- 8:43And what is that kind of A-Z process like?
- 8:45Yeah. So one, even though you know, we
- 8:48had experienced the problem ourselves as moms, we thought we
- 8:51should validate and we should get into the hearts and minds of
- 8:55other parents and caregivers. So we actually hired a research
- 8:58firm called D Scout in Chicago, and it was a mobile marketing
- 9:03research firm. And at that time was really
- 9:05critical being mobile because we were heading into the pandemic.
- 9:12When did you guys meet for coffee?
- 9:13What month was it in 20? 20 That was like January 2020.
- 9:16February 2020. Yeah, so it was right.
- 9:18Before so really quickly we said, let's get deploy this
- 9:23research and let's just validate, you know, some of our,
- 9:27our own, you know, experiences and that initial research was
- 9:31really validating. It was like we need a softer
- 9:35changing surface, but it has to be durable because it's going to
- 9:38be in public. We need to, you know, have multi
- 9:42purpose handles so you can keep your diaper bag off The Dirty
- 9:45restroom floor. Yeah, that's another thing.
- 9:47So kind of all the features that we already had in mind, we were
- 9:51able to validate and then we got really good insights.
- 9:55And in terms of Oh my goodness, there's more men's restrooms
- 9:59that don't have changing tables than we even realized.
- 10:02Or oh wow, some of these businesses don't even have a
- 10:06changing table in the men's restroom.
- 10:08So while we were in the women's restroom, so while we were
- 10:11getting insights on the product itself, we were also getting
- 10:15amazing valuable insights on to the overall restroom and the
- 10:20overall experience that a parent or caregiver was having went out
- 10:24in public while out running an errand at a Target and having a
- 10:29dirty diaper. So I would say, you know, always
- 10:32do your research. I've seen a lot of founders in
- 10:35the past that they're so bullish on their idea because it's
- 10:40something they've experienced, but they haven't gone out and
- 10:43validated or they could have made their idea better if they
- 10:47had just done some early market research.
- 10:50So then our second thing that we did was start hiring because I'm
- 10:53not an engineer. I'm a product manager, but I
- 10:57don't have an electrical engineering degree or mechanical
- 11:00engineering. So the second thing we did was
- 11:02really to get up and running with a local design firm.
- 11:06So 2 shout outs. We worked with Mhub, a great
- 11:10engineer at Mhub Downtown Chicago and then we also
- 11:14employed a design firm in Palatine, IL called MPC.
- 11:18Now where are you getting the capital to do all this, this
- 11:20whole? Time.
- 11:20OK, good question. So we had about 600,000 already
- 11:24through Angel investors. OK.
- 11:26So individual friends, family, friends, individuals who really
- 11:30believed in the idea. And I think because Pluy was
- 11:34such an intuitive product, you know, an intuitive problem that
- 11:39we were solving, we really had a lot of people get behind us cuz
- 11:43they're like, Oh my gosh, why haven't these evolved since the
- 11:4680s? Oh my gosh.
- 11:47Like we've seen those hanging on restrooms and they are, you
- 11:52know, they do need to be, you know, redesigned.
- 11:55So we had about 600K in the bank but.
- 11:58What does that do to your mindset when you get, you know,
- 12:00and obviously a junior Co founder, but when you guys get
- 12:02that money, was that money already there before you were
- 12:04looking at the pitch tech or was it after?
- 12:08About a couple 100,000 had already been wired, so some of
- 12:12it was already in the bank. And then some came when you.
- 12:14Yeah. And then some came with some on
- 12:15your side of the family. Yeah, yeah.
- 12:17And we've actually raised, we've raised about, I will disclose,
- 12:21we've raised a couple $1,000,000 to date.
- 12:24And so that's where my earlier point about having different
- 12:26networks was really helpful because then we were able to,
- 12:30you know, tap into our networks when we were raising capital.
- 12:34Does it feel any different running a business when you've
- 12:36raised hundreds of thousands or millions of dollars of somebody
- 12:38else's money and now that's on your.
- 12:39Shoulders every day. And I always tell people, you
- 12:43know, sometimes when you say we've raised through Angel
- 12:47investors, individuals, some of those friends and family.
- 12:50And it's not like our, you know, parents just wrote us checks.
- 12:53Like we had to really make that clear, especially on Shark Tank.
- 12:57But there is a different level of stress when you, you know,
- 13:01it's somebody that was in your wedding, it's, you know, an aunt
- 13:04and uncle. There is this stress that you
- 13:08have people's money. They believe in you and I think
- 13:13sometimes, you know, people with venture capital, you know, they
- 13:19feel the stress because you have that, you know, time ticking.
- 13:22It's like 5 years, seven-year. You're expecting a, you know,
- 13:2610X return a certain multiplier. So it's just different,
- 13:30different version of stress. When you take VC funding,
- 13:33institutional capital verse, you know, raised through
- 13:36individuals. I will share something that I
- 13:40always promote is applying to grants that is a good.
- 13:43Hack, yeah. Yeah, in doing pitch
- 13:45competitions, we actually just won $20,000 through the Alibaba
- 13:49pitch competition. Congratulations.
- 13:51Yeah, so don't understand. Some of the sharks again.
- 13:55Yes, that's cool. Don't underestimate, you know,
- 13:57grants and pitch competitions. Is that for a product based
- 14:01companies mostly or is it if you have a service based company or
- 14:04consult like? Canadian, yeah, both really.
- 14:07Especially in this environment in the last couple years,
- 14:10there's a big push for, you know, female founders and female
- 14:14founded businesses and you can find plenty of grants that are
- 14:18upwards of, you know, ten $20,000 in non dilutive capital
- 14:23that you can get through a grant.
- 14:25Wow, and where do people go to look for those?
- 14:28Well, now with AI, just go to Gemini or chat GDP and just type
- 14:32in let you know grants specific to women or minority grants and
- 14:37you know, it'll give you the hyperlinks.
- 14:38And I always tell founders like don't hire anyone.
- 14:42We made that mistake in the early days of hiring a company
- 14:45to do grant writing on our behalf.
- 14:47And where we've been successful is really just we keep a Google
- 14:51sheet and we just copy paste like most of the answers are or
- 14:55most of the questions are typically the same on the grant
- 14:57applications. So we just, you know, have got
- 15:00into the habit of copy paste, copy paste.
- 15:02And now you got ChatGPT to help you too.
- 15:04So it's like, yes, it's a whole other free employee that you
- 15:07have. Yeah.
- 15:08It's incredible, Yeah. So and a lot of these grants,
- 15:11it's like they would, you know, wire you the money within a week
- 15:14and you have that little boost of.
- 15:16Capital. That's awesome.
- 15:17So, OK, so back to the story, your engineering companies.
- 15:20Oh, yeah, yeah. So I took, yeah, that was a
- 15:23great discussion, market research, an engineering design,
- 15:27you know, firm. And what was great about this
- 15:31firm is not only would they help us with the product development
- 15:35like prototyping, piloting, but they would also help us with
- 15:39procurement. So a lot of the issue with hard
- 15:42tech is, OK, we have a product and we're undergoing testing,
- 15:48but then we have to source the components and our, what's
- 15:52called the bill of material, you know, has like 100 different
- 15:55parts. So we had to find suppliers.
- 15:58And in the early days, it was like, hey, supplier in Taiwan,
- 16:02are you willing to make 50 of this part?
- 16:05You know, like our order's thousand, not minimum.
- 16:07And you're like. Well, right, right.
- 16:09And so that firm was really helpful because they could find
- 16:13suppliers who were willing to take a chance right on, not only
- 16:18like, I mean, it was a world's first product.
- 16:22So, you know, doing also tooling.
- 16:26That's a big thing too with a product our size, the size of
- 16:30Pluy is we also had to do what's called tooling to make, you
- 16:34know, those large plastic parts. Wow.
- 16:37So that's where a lot of this initial $600,000 went to.
- 16:41I mean, we weren't paying ourselves.
- 16:43It was like right went to the molds, the tooling, it went to
- 16:46sourcing the parts, it went to development with the design
- 16:50firm. And you guys are just living off
- 16:52money you have from previous jobs?
- 16:53Oh yeah. OK, we can make this last for a
- 16:55certain period of time, but. Yes.
- 16:57Was there a runway in your mind of, hey, we got to get, you
- 16:59know, start making some things happen within two years, three
- 17:01or five year like, yeah. That's a great question.
- 17:04We kind of had this 18 month mark where we said, you know, we
- 17:09really need since there was no prototype, you know, early 2020,
- 17:14it was like, we'll give ourselves 18 months and then we
- 17:16better have Pluy units in the field in public restrooms so we
- 17:21could kind of afford a small production run.
- 17:24We we produced about 40 to 50 units initially and we got those
- 17:29in public restrooms. And actually the White Sox
- 17:32Guaranteed Rate was one of our very first customers.
- 17:35Is that right? They saw a news segment about
- 17:38Pluy and we got a phone call. Never forget that day Addie and
- 17:42I were together and we got a phone call and it was like, hey,
- 17:45we want to put this in the nursing room for, you know, for
- 17:48families who are going to a White Sox game, so.
- 17:51That's a big call to get. It's a big, big for your
- 17:54confidence and momentum and just wow, you're validating your
- 17:57product. People want it, they get it.
- 17:59That's huge. Yes.
- 18:01And to see, you know, Pluy hanging on restroom walls, you
- 18:04know those first 4050 customers, I mean Addy and I would try to
- 18:08get to every single install. Most of our customers were
- 18:12local. That way we could go to the
- 18:13installations, we could see, you know, pluy out in the field.
- 18:17A lot of times we would ask families like, do you mind if we
- 18:20take a picture that like while they were changing the baby, but
- 18:24certainly like before or after. And I mean, there's nothing as
- 18:28gratifying as, you know, seeing your product being used by, you
- 18:33know, a consumer. And then obviously the reaction
- 18:36of the consumer was really validating.
- 18:39What do you feel like the key was to getting your product into
- 18:42stores? Oh gosh, because that's not.
- 18:46Easy. Yeah.
- 18:47And let's pursue because, you know, we were one.
- 18:51A lot of customers initially were hesitant.
- 18:54It's like, OK, this is a commercial, you know, Division
- 18:5710 fixture in a restroom. So often times we would have to
- 19:02drive a plowy prototype over to the customer so they could see
- 19:06it in person. We would spend, you know,
- 19:11countless Zooms, you know, going through a presentation and
- 19:15really making the comfort, you know, potential customers feel
- 19:17comfortable. And then I would say, oh, we
- 19:23were cold calling. Yeah.
- 19:24But that's where too, like our networks, we would, I would be
- 19:27like, OK, I went to college with somebody that's now at Starbucks
- 19:33or, oh, I went to Business School with somebody who's at
- 19:38Simon Property Group. You know, it was like scouring
- 19:41LinkedIn and just seeing, OK, how to connect the dots.
- 19:45And then just getting in front of as many people.
- 19:48It helps cuz I felt like we had a really exciting pitch and
- 19:53Addie and I both love to be in front of customers.
- 19:55So we would get on the phone, you know, or do a Zoom at that
- 19:59time. And I think customers like, you
- 20:03know, loved seeing our excitement.
- 20:05You know, as moms, as entrepreneurs, and it was like,
- 20:08OK, we'll give this a shot. But I always say it sometimes
- 20:12takes 5, you know, 810 emails before you get a yes.
- 20:17And a lot of times it's a, it's a no.
- 20:19But we always took that as a, OK, it's a, it's a no, but we'll
- 20:23just take it as a not right now. We'll come back to them in a
- 20:26couple months. That's right.
- 20:27What do you think was the psychological driver for people
- 20:30wanting to put this thing in their in their business or in
- 20:32their location because there had to be some type of maybe they
- 20:35didn't see it as, Oh my gosh, we have to have this tomorrow or
- 20:37our bills business is going to fall apart.
- 20:39It was kind of like a maybe they saw it as a nice to have or
- 20:41maybe some people did see it as a must have.
- 20:43What was the going on in the customer's mind that made them
- 20:46say yes, install one of these? Yeah.
- 20:48Well, I will say by the time that we were in production with
- 20:52even that initial production run, the pandemic had already,
- 20:58you know, happened in 2020. Kind of good timing.
- 21:01Yeah. So even though this was an idea
- 21:04before the pandemic and a patent had already been filed, really
- 21:09the pandemic, you know, created obviously this heightened sense
- 21:12of awareness of germs, of bacteria.
- 21:15You wore a mask for 2 1/2 years, for 1 1/2 years straight or
- 21:18whatever it. Was yes.
- 21:19Well, in our use of UVC Light, you know, there was already this
- 21:23consumer education that had taken place for us.
- 21:27So when we initially were working on Pluy, we thought, Oh
- 21:32my goodness, how much are we going to have to invest in
- 21:34marketing to educate people on UVC Light and what it does?
- 21:39And obviously the pandemic took care of that for us.
- 21:42I mean, you were seeing, you know, escalator technology.
- 21:45You were seeing UV light used in hospitals, even in, you know,
- 21:51elevators. It was like.
- 21:52Can you explain how that works in your product?
- 21:54Oh yeah, for anyone listening so they know.
- 21:56Yeah, you also saw like UVC light wands on the market.
- 21:59Yeah, so the UVC light system and it's patented.
- 22:05You open up the changing table, you change your baby on our soft
- 22:09cushion. Once you're finished, you close
- 22:12the changing table and we have a UVC light system, which includes
- 22:17like a magnet and what's called the Reed switch and a timer.
- 22:20It automatically turns on the light bulbs.
- 22:22So we have two UVC light bulbs behind a protective panel, and
- 22:28it turns on for 60 seconds. The two light bulbs turn on for
- 22:3260 seconds. And the UVC light that's known
- 22:35to kill, you know, germs and bacteria.
- 22:38So and we had to go through strenuous testing to make sure
- 22:42that we were getting what we say 99.99 effective rates to
- 22:47properly kill and that that bacteria.
- 22:50So the UVC light, the reason why it only comes on when the tables
- 22:56closed is you don't want humans to be exposed to UVC light.
- 23:01Yeah, why? Don't we wash our hands with
- 23:03that stuff? So that's why you don't see like
- 23:06UVC light just like in in rooms because you don't want to be
- 23:10exposed to it. It's not like the good type of.
- 23:13So, so there was a big kind of push given that people were
- 23:17there was a heightened sensitivity around germs and
- 23:19bacteria and things like that because of COVID that kind of
- 23:22gave you as. Yeah.
- 23:23So customers were like, OK, you know, we're trying to make
- 23:26families feel safe coming back to our businesses.
- 23:30We're trying to get that foot traffic that we had pre COVID.
- 23:35Let's really evaluate our business and see what we can do
- 23:39in terms of like cleaning protocols.
- 23:41And so actually, I mean, I hate to say it because it was such a
- 23:45hard time in 2020 and continue to be with COVID, but it in a
- 23:51sense it really helps. Bluey same.
- 23:53For my business, we were did video and LinkedIn and it was
- 23:56like everyone can no longer go to any trade shows or anything.
- 23:58So I totally get that. I'm like, is it?
- 24:01I hate to say this because it is like so sensitive for so many
- 24:04people and obviously there was a lot of negative thing, but I
- 24:06don't think that takes away from our when people had good moments
- 24:09in that year. I think you could absolutely say
- 24:10that. But I feel like it was one of
- 24:12the best years I've ever had in my life.
- 24:14Yes, and that makes. Sense Trade.
- 24:16Show traffic like get down. Yeah, everyone had to go
- 24:19virtually, like I have nothing. Now I have to make videos or go
- 24:21on LinkedIn or do marketing. Yeah, because.
- 24:23I have to virtually connect with people.
- 24:25There's no literally nowhere to go.
- 24:26And we didn't know how long it was going to last.
- 24:28I mean, it was like, it was just months and months and it was
- 24:30like, holy shit. May go years.
- 24:32Yeah. And then people said maybe I
- 24:33should just start building a brand anyways, regardless if we
- 24:36come back. So.
- 24:37And as you know, it changed the game.
- 24:39It made people more, you know, more people started working from
- 24:41home and companies were more flexible about that.
- 24:44And like, Zooms blew up and it changed our lives forever.
- 24:48It just expedited probably what was going to happen in five to
- 24:5010 years anyways. It sure did you.
- 24:52Know so. And as a young business, I mean
- 24:55it gave us an opportunity to have meetings with customers
- 24:57that maybe would never have taken.
- 25:00That's true. Our request for a meeting
- 25:01because we could do it in a 30 minute zoom.
- 25:04So we got really good at like we have these eight slides, We'll
- 25:08keep the meeting to 20 minutes, you know, 10 minutes for
- 25:11questions. So as soon as we got a yes,
- 25:14we'll meet with you. You know, it was just over Zoom.
- 25:17So it wasn't, you know, we weren't spending a lot on
- 25:20travel. You know, our travel budget was
- 25:22really light and I think in the sense of, you know, so much
- 25:28moving to virtual, that really helped us get in front of more
- 25:31customers than maybe a business like ours would have at that
- 25:34time. Yeah so I don't wanna get the
- 25:36Shark Tank yet and I'm gonna cover that next.
- 25:37But before Shark Tank, what were the next?
- 25:39Cuz what year was Shark Tank 20? 20 OK Shark Tank was 2023.
- 25:43We aired in March. OK, so we did that initial
- 25:45production. Run next year.
- 25:47We saw Pluy out in the world a lot of validation.
- 25:52We knew that we could install. We knew that a lot of customers
- 25:55were OK running electrical for the for our P-100 Plus which has
- 26:00the UV light system. And then really from there it
- 26:04was raised more capital. It was like OK to really scale
- 26:08this business, we need more capital.
- 26:11We also at that time, so we were raising money, our precede
- 26:15round, what's called our precede round.
- 26:17Now during that time you're selling the ones you have
- 26:19though, you guys. Feel good about this.
- 26:20We're actually selling the next more than you have.
- 26:22Yeah. We're selling what we hope we
- 26:24can, what we hope we can afford and produce at a later date.
- 26:29At that time we were also looking to move our
- 26:32manufacturing. So we had kind of our version of
- 26:36a garage where we did that first production run.
- 26:40Obviously it was very formal, but you know it wasn't like
- 26:43large scale manufacturing. And so at that time, we started
- 26:47seeking out a contract manufacturer.
- 26:49So a lot of times founders think like, OK, we have to build a
- 26:54manufacturing facility or we have to lease a facility.
- 26:59Our approach was like, let's find a contract manufacturer who
- 27:02already has experience with assembly, and maybe they'll
- 27:05allocate, you know, a line for us or a room for us.
- 27:09So we got really lucky in the sense of we had a warm
- 27:13introduction to a $7 billion global contract manufacturer
- 27:17called Samina, and they just happen to have some space for us
- 27:21in their Wisconsin plant. So that was a big moment for us
- 27:26to be like, OK, they will help us with procurement for that
- 27:30next phase of production. They'll do our assembly and wow,
- 27:34they'll actually ship to customers on our behalf.
- 27:37So, but that was a big lift and I found myself like renting a
- 27:44huge, like you, U-Haul truck and taking all of our inventory of
- 27:50raw goods up to Wisconsin. And it was like a 8 hour drive.
- 27:56I have like thousands of dollars of spare parts, but that's that
- 28:00I remember driving up to Wisconsin and just being like,
- 28:03this is a big moment for our business.
- 28:05Like we're going to be able to scale in a way that we wouldn't
- 28:08have been able to if we stayed in our smaller facility.
- 28:12So it was raising capital, you know, being strategic and how we
- 28:17were going to scale our manufacturing.
- 28:19And then it was again, just Addie and I cold calling.
- 28:23We invested in ACRM system called HubSpot, which you've,
- 28:28you probably use even. And it was just like, how to
- 28:31get, you know, mass e-mail addresses of restaurants, of
- 28:35churches, of hotels, of stadiums, you know, any business
- 28:40that has a public restroom. Was there anything significant
- 28:43that you learned about the customer through this, you know,
- 28:46these few years of kind of getting the product out there
- 28:48that you didn't expect or didn't know in the beginning?
- 28:51Oh, I'm so glad you asked. So our original, our original
- 28:55sales strategy was let's get pluy in every market segment.
- 29:00So we sold to, you know, a restaurant, a hotel, a church, a
- 29:05stadium, a library, a school, you know, like the whole gamut.
- 29:09So those original like 40 to 50, we tried to get in every market
- 29:12segment cuz for us it was like we didn't yet know, yeah, who
- 29:17was gonna bubble up to the surface as you know, our key
- 29:20customers. But then the next phase of our
- 29:23sales strategy was like, OK, what we identified is one, not,
- 29:29not everyone really prioritize, prioritizes the family
- 29:33experience. And it's not only a family
- 29:35experience, it has to be a premium family experience
- 29:38because we were selling at a much higher price point.
- 29:43And then two, we were like, OK, which customers actually have
- 29:47the money, right, Yes, You know, it's like.
- 29:49All good things to figure out as you're in Lacona.
- 29:52Business, yes, especially at this time it was like post
- 29:55pandemic, yeah. So you think of a lot of these
- 29:59market segments, you know, they were, they were hurting like
- 30:03look at the restaurant. Yo, they got.
- 30:04Them the hospitality industry. So then it was like some of
- 30:08those insights that we were learning that was then
- 30:12applicable to our kind of phase two of our sales strategy.
- 30:16So then we really honed on businesses that are prioritizing
- 30:20a premium family guest experience and then also have
- 30:25the funds to purchase Pluy because we are a premium diaper
- 30:29cheating table. But that's a really important
- 30:31insight because you could sell the exact same service or
- 30:33product in one market and make very little and take the exact
- 30:37same product and service into a new market that has more money
- 30:39and potential and make a lot more money.
- 30:41And you really didn't change anything, but you just moved
- 30:44your customer base. And the best way I can explain
- 30:47it is restaurants that you could be a waiter or a waitress at a
- 30:50restaurant where the average meal is 10 bucks and you'll make
- 30:53a few dollars here and there, you know, on each table.
- 30:55Or you could go do the same exact thing, essentially little
- 30:59nuances, but essentially you're serving tables at a high end
- 31:02restaurant and you can make fifty 100 bucks a table.
- 31:05Oh yeah. So it's like I, I went through
- 31:07that too, where I was like, why am I trying to target these
- 31:09group of people when these people have all the money and
- 31:11will drop, you know, thousands of dollars, no questions asked
- 31:14every month. And then that's a really big
- 31:16one. Yes, I think that's such a good
- 31:18insight. And and to our surprise, one of
- 31:21the market segments that bubbled up to the surface was stadiums.
- 31:25So a lot of the, you know, MLB, NBA, they were like looking to
- 31:31bring, you know, families back and especially MLB became like
- 31:35one of our best customers because it was like you're
- 31:39watching baseball, you're outside and it was just, you
- 31:43know, such a great experience for families.
- 31:45One of our biggest customers like continues to be wow.
- 31:49Petco Park, San Diego Padres, wow.
- 31:52Yeah, that's awesome. I wanna play a video.
- 31:55Please do and I'll take a sip of my Celsius.
- 31:57Take a break and we'll make sure that the audience that they,
- 32:01they can actually watch this full video.
- 32:02OK, great. But just for me.
- 32:03And you will play it here and I'll play it.
- 32:05And then I'll stop. And I wanna get your thoughts.
- 32:08You. Know what this video is 0.
- 32:10Gosh, as a woman in business, I admire your friend.
- 32:12I think you are both so smart, so hardworking, so accomplished.
- 32:17I love the idea and the concept. I think it's brilliant.
- 32:20I think the real problem is it's pricey.
- 32:24Right now. I see it as premium.
- 32:26I have a high end restaurant. I'm going to put that in
- 32:29instead. If I have a high end store, I'll
- 32:32put that in. But if I'm, you know, every day
- 32:35where customers are coming in anyway, I might not because it's
- 32:38a huge expense. I think that there's a concern
- 32:41for me about what's going to happen as far as really going
- 32:44widespread and too high a price point.
- 32:47So I will cheer for you, but unfortunately on this one.
- 32:50Thank you so much. Laura, what does watching that
- 32:54back, what are the feelings that you get from watching that?
- 32:56I'm curious. We were really hoping that Lori
- 32:59would come on. She was the one I know giving
- 33:01her background too. And she had invested in a
- 33:03company called Phone Soap that was doing UVC light sanitation
- 33:07for cell phones. Wow.
- 33:11Oh, it was like we so wanted the wind.
- 33:13We didn't necessarily need the capital at that time and we
- 33:16didn't necessarily want to give away, you know, 2030% of our
- 33:20company you had dude wipes on, on.
- 33:23Your podcast and. I know they partnered with Mark
- 33:26Cuban and that's been fruitful for them, but it was like we
- 33:29still wanted to be able to, you know, get a win to get a Shark.
- 33:34But you know, the Sharks are so smart.
- 33:37I mean, they're on like season 1718 and they've seen a lot of
- 33:41businesses. And for us, we were so unique to
- 33:44even get on Shark Tank because at that time we were commercial
- 33:48only business. You know, it's not something
- 33:50that's going to sell like thousands, you know, because of
- 33:53an episode airing or, you know, Kevin posting on his social
- 33:57media. So a lot of the conversations
- 34:01with the sharks was around, you know, one, you don't have a
- 34:04national account purchase order yet.
- 34:07We would have liked to have seen that.
- 34:08And then two, we're not sure really how we could help Pluy
- 34:11given you are a commercial business and not a consumer
- 34:15business. How, how did that, how did that
- 34:19episode and being on Shark Tank shape you in the business?
- 34:23Well, I'll share a little bit about like how it came to be.
- 34:28So we went through, everybody would always say it was like the
- 34:31typical response. Like once we would talk about
- 34:34Pluy, they'd say, Oh my gosh, you guys need to be on Shark
- 34:37Tank. Oh, this feels like it's a Shark
- 34:39Tank idea. And so people had been saying
- 34:42that to us for years and then we ended up applying and it's a
- 34:47very strenuous application process.
- 34:50Like Addie had to fill out like a 30 page application.
- 34:54I had to do the same thing. And then you fill out an
- 34:56application as the business, you show all your financials and
- 35:02then you go through a couple interviews.
- 35:05And then when we got the e-mail saying, OK, your business has
- 35:10been approved to move forward to the next step and meet with a
- 35:15producing team, we're like, OK, like one phase successful.
- 35:20The next phase is then you start meeting with a producing team
- 35:24who you're assigned to, to talk about your set design, your
- 35:27pitch. How much are you asking?
- 35:29How much equity? So just because you got through
- 35:33the first phase doesn't mean you know you will get through the
- 35:36second phase and actually go out and film.
- 35:39And then the next big milestone was, OK, you've been selected to
- 35:42go out to LA and film. Did you get a call or add to get
- 35:47a call or? How'd you we got an e-mail,
- 35:48e-mail. We got an e-mail.
- 35:49We both got the e-mail. You're like, holy, yes.
- 35:51They're like, we're good out to LA.
- 35:53Wow. So we flew out to LA on a
- 35:56Saturday and we were supposed to film on a on that Sunday.
- 36:02We are a ball of nerves. We feel really good.
- 36:05The only thing that is scripted is that first 90 seconds.
- 36:08OK, that's the only thing. They don't.
- 36:10Scripted meaning they meaning read off something or meaning
- 36:13you. Memorize no meaning you memorize
- 36:14it so it's like hi I'm Brittany hi I'm Addie we're the moms
- 36:17behind pluy that is that first those first 90 seconds are
- 36:21memorized after. That they tell you, you have to
- 36:24memorize those like, hey, in 96, you got to have the pitch down.
- 36:26Yeah, yeah. And then you like send in videos
- 36:29of you doing those first 90 seconds, like you even have to
- 36:32do like a little dry run, but the sharks don't know anything
- 36:35about you and they don't know that those first 90 seconds.
- 36:38They kind, I think they only know like, right as you go out,
- 36:42how to say your company name, right?
- 36:44That's it. And then when we flew out there,
- 36:49Addie and I, because entrepreneurs, you're on such a
- 36:52tight budget. We always share a room and plus
- 36:56it's fun. It's like, oh, like, well, as we
- 36:58travel, we share a room. But for Shark Tank, we're like,
- 37:03you get a room, I get a room. Like we need the best sleep.
- 37:07But because we were both so nervous, we barely slept.
- 37:10Saturday night. And then at like 2:00 in the
- 37:13morning, I happened to wake up and I saw a text message saying
- 37:17there was a COVID exposure. So this was 2022.
- 37:21We were filming in the summer of 2022.
- 37:24There was a COVID exposure on set.
- 37:26We have to delay filming, so we ended up in LA like quarantine
- 37:33at a hotel for days. Like I think it was four days
- 37:36total and. You're paying for all this,
- 37:38right? Or they they.
- 37:38Fly Well, they cover a lot of this, yeah, of like hotel and
- 37:41flight. But then the day that we finally
- 37:45got to film, we had the very first film time.
- 37:50It was like 6:00 AM. Wow, they start that early?
- 37:53Yeah, because they're going all day.
- 37:55Oh. My.
- 37:56God, and like Damon had flown in.
- 37:58Oh, they hustle. And Damon had like flown in from
- 38:02New York overnight because they had to have like different
- 38:05sharks because the scheduling change.
- 38:07And we were just at that time, we were like, Oh my gosh, what
- 38:13is this even going to be like? We've been quarantined here for
- 38:15four days. We filmed and it is just, I
- 38:20mean, they're make, they're trying to make good TV, you
- 38:22know, they're like asking the variations of the same question
- 38:26like at the same time. And it was just such a surreal
- 38:30experience. They are so smart, you know it.
- 38:34Was like they're on a different. Level, Yeah, Such good
- 38:36questions, such good comments. It was just such a surreal
- 38:41experience. And I will share, you know,
- 38:44after we walked off the stage. I think we were both, I mean, we
- 38:49were sad. We were like, oh, man, we wish
- 38:51we would have at least gotten an offer to negotiate.
- 38:53Yeah, spoil alert. We didn't get an offer, but we
- 38:57knew the reasons why. They made it very clear the
- 38:59reasons why. And you obviously saw Lori very
- 39:02complimentary. They were all very
- 39:03complimentary. But we were sad.
- 39:06And it felt like a big, it felt like a big.
- 39:09We lost. It felt like we failed.
- 39:13We lost a competition when in reality the win was then our
- 39:17episode actually airing. Oh yes, so then.
- 39:21Because you don't know if your episodes gonna air or not.
- 39:23Right. Oh, yeah.
- 39:24It's like 140 companies go out to LA, they film, and only about
- 39:2890 actually see the light of day each season.
- 39:31So then it was like the e-mail that we received saying our
- 39:35episode was selected to air. We called each other.
- 39:38We weren't together. I was at a Starbucks downtown
- 39:41Chicago. And we were like, Oh my gosh, we
- 39:44have our air date and they give you your air date 2 weeks
- 39:48before. So then it's like you are two
- 39:52weeks going through, you know, website design, social media,
- 39:55asset creation, you know, you are we, you know, we had to tell
- 40:00our investors. They were so excited for us.
- 40:03I mean, it is just two weeks of just, you are running on pure
- 40:07adrenaline and then the episode airing.
- 40:09Because millions of people are going to see that.
- 40:10Around yeah, they, I think it, the estimated viewership is
- 40:14around 4 million. And our website crashed like
- 40:18right when we, right when we walked down the hall and started
- 40:22our pitch, all of a sudden our website crashed.
- 40:25We're on the phone with our, you know, website host and we were
- 40:31like we specifically said, can our web server handle this
- 40:35instantaneous traffic? And they're like, yeah, you were
- 40:38good on that. But what happened is you're on
- 40:40like a shared server. So we didn't want to compromise
- 40:43all these other businesses that are on the shared server.
- 40:46We were like, why didn't you tell us that?
- 40:48Why didn't you tell us that? Obviously that's important.
- 40:50To know, I know, I know. And a little secret on Shark
- 40:54Tank is we're now a commercial and a consumer business.
- 40:59So you'll see that we have our portable diaper changing mat.
- 41:03It's called the Pret Changing Clutch.
- 41:06Yeah, we actually had a really early versions of our portable
- 41:12diaper changing mat in our diaper bags.
- 41:16And we thought, OK, if it feels appropriate, we're going to
- 41:20bring out our portable diaper changing mat and say, hey, this
- 41:26is another product that we're working.
- 41:27On one more now, yeah. But it felt like it would be too
- 41:31confusing and and we felt like they would actually hold that
- 41:34against us and, and question why, you know, we yeah, why we
- 41:39were also focusing on a consumer products.
- 41:41So what's is this any different than what you'd see?
- 41:44Like what's what's unique about this?
- 41:45Yeah, obviously, if you're in a place where they don't have a
- 41:47bluey. Right.
- 41:48Yeah. Or like even a lot of times
- 41:51people change their child's diaper, like in their living
- 41:54room, Yeah, where they don't have the changing table that's
- 41:57in their nursery. So.
- 41:58Car I've changed diapers everywhere.
- 42:00Yeah, yeah. You're a dad.
- 42:01Two kids, Yeah. So we thought, well, if pluy
- 42:05can't be everywhere in every restroom yet, why don't you take
- 42:09a little piece of pluy with you? And we really wanted to
- 42:13reimagine the, you know, traditional diaper changing
- 42:16that. So we wanted it just a very
- 42:19simple design because we learned that a lot of parents don't use
- 42:23like, all the bells and whistles, like all the zippers
- 42:25in the pockets. We want it to be thank you.
- 42:29Well, we wanted it to be much more stylish.
- 42:32I think that's important for moms and the new moms too.
- 42:34Yes, because before they're very like utilitarian, it's like
- 42:38black Navy or cream. And so we have about 8 different
- 42:43skews now and it is like a women's clutch, like a, you
- 42:48know, like a designer clutch. We also capitalized on a trend
- 42:52at the time, woven neoprene. So it's kind of this like woven
- 42:55look. And then we designed this with
- 42:58materials where it's machine washable.
- 43:01So you can throw it in the washing machine and it holds up
- 43:05and then you obviously air dry it.
- 43:07And then too, like a lot of people love to put like a diaper
- 43:10wipes in an extra onesie and then you just throw it in your
- 43:16diaper bag. Wow.
- 43:17And then we just launched a couple months ago a Pluy heart
- 43:22teether. It's antimicrobial.
- 43:25And this comes in pink and blue. So it's a little heart teether.
- 43:30So babies that are teething very cool, love our teether.
- 43:35Yeah. And it makes for a great baby
- 43:37shower gift, especially these two together for.
- 43:39Sure. Where does someone buy on your
- 43:41website or do you guys sell them somewhere else or where?
- 43:42Yeah, buy on our website through our social media accounts, but
- 43:49we've had a lot of success with boutiques throughout the nation.
- 43:53So we sell to local boutiques all throughout the United States
- 43:59and they have just loved carrying our preps and our
- 44:02teethers. So that's been a great way to
- 44:04generate quicker revenue for us because the diaper changing
- 44:08table could take about 12 to 18 months for a business,
- 44:12especially if they're trying to spec it into new construction.
- 44:15Where is this? You know, a store can make a
- 44:17decision and we can ship within a couple days.
- 44:19Wow. Yeah.
- 44:20So we've generated a couple $100,000 just from our consumer
- 44:24products. That's awesome, Yeah.
- 44:25Branching out, you know? Yeah.
- 44:27Did being on going back to Shark Tank, did being on Shark Tank
- 44:30change the way that you look at your business where there's some
- 44:32key takeaways, maybe one or two big ones where you're like, we
- 44:35need to rethink this or approach a little bit differently?
- 44:37Yeah, it really did. I mean the the conversation
- 44:41around having a national account shortly afterwards we like
- 44:44double down on national accounts.
- 44:48And so CVS we're actually Pluy is now the brand standard and
- 44:52CVS, is that right? Yeah.
- 44:53So anytime a new CVS is under renovation or new construction
- 44:58day spec in pluy. So that was so excited, exciting
- 45:01for us. And Simon Property Group is
- 45:04another. Now we're the brand standard for
- 45:07Simon Property Group, the largest, you know, mall owner in
- 45:10the United States. And so we really shifted our
- 45:13priority after Shark Tank to really focus on national
- 45:16accounts. We also since we aired on Shark
- 45:19Tank the last two years, we have really prioritized cost
- 45:23reductions. So I mean that Lori clip, it was
- 45:27like, you know, our business is going to pay a premium and even
- 45:31though we've held the price, we haven't increased the price of
- 45:34the chaining tables. We've really tried to cost
- 45:38reduce and whether that's the design or the sourcing, that way
- 45:42if we need to, we can offer a discount to get that sale.
- 45:47And you said there was a bunch of people that hit the website.
- 45:49Obviously it crashed for a. Little bit.
- 45:50Oh yeah. What was the what was the kind
- 45:52of the business impact on the back end of being on the show?
- 45:55Did you see? Yes.
- 45:56I'm a great story, I. Have a great story.
- 45:58So we our episode aired in March of 2023.
- 46:03About two months later we were at a big trade show.
- 46:06We were like, OK, we're going to spend the money.
- 46:08We're going to exhibit. It was a multi site retailer
- 46:11trade show. So think of like Target
- 46:14Starbucks, you know, finish, like finish like all these multi
- 46:19site retailers. And we had our little 10 by 10
- 46:24booth. We had a diaper changing table
- 46:26like installed on like a fake restroom wall.
- 46:31We had a big sign that said as seen on Shark Tank.
- 46:35And a couple of gentlemen were walking by our booth and they
- 46:39paused and they gassed. They were like, we saw you guys
- 46:42on Shark Tank. Turns out a couple facility
- 46:46manager executives from Starbucks, Yes.
- 46:51And they said we're dads. We saw your episode and we
- 46:55thought, gosh, that is a great product.
- 46:58And we had kind of a Shark Tank moment where they shook our hand
- 47:03on the spot and said, we will pilot Pluy and a couple
- 47:07Starbucks out on the East Coast. So for us it was like, OK, we
- 47:12didn't get a deal on Shark Tank. But because these, you know,
- 47:16executive star episode on Shark Tank, they already knew about
- 47:19Pluy. Yeah, they had already.
- 47:21Yeah, they had already kind of made a mental note to look into
- 47:24it for Starbucks restrooms and that has really helped us.
- 47:30So we're we're, we have a couple Starbucks.
- 47:32We're hoping that expands into the future.
- 47:35But that was a big moment for us because of Starbucks.
- 47:38We got a couple inbound orders like from a Cadillac dealership
- 47:42in Florida, from Culver's, a big franchise group in the Midwest.
- 47:46So it definitely translated into sales, just not, you know, like
- 47:52thousands of products, like, right, Because again, we were
- 47:56just commercial at that time. I will also say it's like such a
- 48:00fun story. To Oh heck.
- 48:01Yeah, like people love trying about Shark Tank.
- 48:03It's so interesting. I wanted to talk about today
- 48:05because it's just an. Interesting thing.
- 48:07Yeah, founders are curious about it.
- 48:08Everyone's. Curious.
- 48:09Yes. Yeah.
- 48:10Well, and then you're now in one.
- 48:13You're in this amazing network. Like Dude Wipes, Yeah.
- 48:17You talk to Shawn. He knows.
- 48:18'Cause yeah yeah, I know the team over there, Ryan, Megan,
- 48:21it's like love seeing their growth I love seeing them on
- 48:25LinkedIn, what they're sharing. You know, there's major, you
- 48:29know, successful businesses that have come out of Shark Tank and
- 48:33they're actually it's not really publicly promoted because it's
- 48:38more of just a Shark Tank alumni type of event in network.
- 48:43But there's like a Facebook page, an event, a reunion every
- 48:47year. So it's not yeah, it's not on
- 48:50like Shark Tank ABC affiliated. But it's just a, you know, a
- 48:53bunch of, you know, Shark Tank alum that keep in touch, that
- 48:58help each other, that have a Facebook channel to, you know,
- 49:02just, hey, what are you doing with, you know, Black Friday?
- 49:06Like, Hey, any tips on, you know, selling on QVC?
- 49:09So it's it's a really wonderful supportive community.
- 49:13And it's cool how your initial kind of loss quote or or no
- 49:18turned into such a so many yeses down the line and so many wins.
- 49:22And I think that's kind of the journey of an entrepreneur is
- 49:24half of it should. I would say it's two things.
- 49:26One, it's like staying in the game and keeping your head up
- 49:29even when times were tough. And then two, you got to
- 49:31continue to get better, improve, innovate, build skills.
- 49:35And if you do that and you got a good product or service, you're
- 49:37probably going to win. So many people give up and most
- 49:40people don't even get to the Shark Tank platform, but they
- 49:43give up when they're like, oh, they had a set back or, you
- 49:45know, a couple investors said no, maybe 20 investors said no.
- 49:49And it's just like, you know, and I was reminded me of I was
- 49:51watching a clip on Jerry Seinfeld, the comedian.
- 49:54And I know it's so random. I'll tie it in though.
- 49:55But, you know, obviously he had the one of the most successful
- 49:58iconic shows in the history of TV Seinfeld, right.
- 50:01And they were he was talking about how, yeah, I mean, changed
- 50:05everything. It's I don't think if there's
- 50:06any show that's going to ever compete with that.
- 50:08I mean, kind of TV shows are now dispersed like Netflix and
- 50:12Simpsons. Yeah.
- 50:12I mean, it's one of those like Friends.
- 50:14Yeah, exactly. It's one of those like you just
- 50:16generational. And he was saying how the first
- 50:19season was a complete bomb and they wanted to take it off the
- 50:22network. It had shitty ratings.
- 50:25It was not doing well. It's all the executives didn't
- 50:27like it. There was like one key executive
- 50:29that like, I like the show and like, let's let's give it
- 50:31another shot. The next season little better,
- 50:34but still kind of in the territory of being cancelled.
- 50:37And then the third season, they got a little momentum. 4 season
- 50:40kind of took off. This season started becoming
- 50:42cultural icon and it just was, it's cool to hear that because I
- 50:46think you look back and you kind of everyone kind of knows that
- 50:48show whether you watched it or not.
- 50:50You kind of just assume it was like always a hit, you know,
- 50:52like and it wasn't. It really wasn't.
- 50:54And he was on, he was saying he was on Carson killing it for 9
- 50:57years straight before anyone even offered him anything to do
- 51:01with ATV show. And so I love hearing those
- 51:03stories. I love them too and it helps
- 51:06founders keep going. It does.
- 51:07It really does. Yeah, like this wasn't a
- 51:09success, a success overnight. And we, you know, I read the
- 51:13book like you decades ago, The tipping point.
- 51:16It's like as founders, it's like, OK, like hang on, make
- 51:20smart businesses decisions. But like what could be the
- 51:23tipping point? What will be the tipping point
- 51:25where we just then are like, OK, we've made it.
- 51:28I mean hitting that 1,000,000 in revenue milestone.
- 51:31Like that was a big moment for us.
- 51:33It's like, and then the next year it's like how do we get a
- 51:35million in annual revenue? And then for us a big moment
- 51:39too, that was about a year after Shark Tank.
- 51:42It was 2024. We Pluy was an answer on
- 51:46Jeopardy. No.
- 51:47Way, Yeah, we literally, I was. I'll never forget I was dropping
- 51:50my son off at flag football and I get an e-mail actually from
- 51:54our Starbucks contact and then all these messages start
- 51:57flooding in and it's like Pluy was just an answer on Jeopardy.
- 52:01And then I was like, did somebody answer it correctly or
- 52:04like, and a woman did buzz in and said a diaper chaining table
- 52:08and she got 1000 points. And I'm like, that's a big
- 52:10moment to be on Jeopardy, which isn't a paid thing.
- 52:14It's like Jeopardy. Would it be Jeopardy with that?
- 52:16You know, if it was a paid promotion?
- 52:19So where's the Business Today? When, what, what are you guys
- 52:21looking forward to? Like we're, for those of us who
- 52:23don't know kind of the insides of it.
- 52:25Where are you guys today and what's exciting for the next few
- 52:27years? There's so many exciting things.
- 52:29One, we're just, we're so pleased with how our consumer
- 52:32products are doing. 2 it's just continue getting pluy diaper,
- 52:36chaining tables in public restrooms.
- 52:39You know, you, we're still focused on the United States.
- 52:42There's a huge expense in going internationally.
- 52:46Even getting into Canada is a big capital investment.
- 52:50So we're really focusing on the US getting more national
- 52:54accounts. We also we haven't hit that
- 52:58profitability mark quite yet where it's like significant
- 53:01profit. That's a big milestone that
- 53:05we're, you know, really prioritizing and that means also
- 53:09like how, you know, negotiating with suppliers, like being smart
- 53:12about air shipment versus ocean shipment for raw goods.
- 53:15So it's really those three things.
- 53:18And then also we're at the point where we really are looking at a
- 53:22strategic partnership for the commercial side of the business.
- 53:26We are in an industry where you need to be specked in, you need
- 53:30to get in front of architects and designers, you know, 24
- 53:34months before, you know, a building is being constructed.
- 53:36So it's like, is there a strategic partner out there who
- 53:41can really help us scale the business on the commercial side
- 53:44in terms of distribution and visibility and and ensuring that
- 53:50we can get that sales scale that's needed to really grow
- 53:54this business and be what we think it can be and what we know
- 53:58it can be? Was there one moment where you
- 54:00ever doubted the business? So many moments.
- 54:03Was there a big one that you remember that you're like, we
- 54:04almost packed it in. Well, I would say we got our
- 54:11biggest order to date about two years ago.
- 54:15It was from an airport and they wanted a significant amount of
- 54:19Chloe units and they needed it by the end of the year.
- 54:23Like they had to have it by December 31st.
- 54:27And it was one of those things that was like due to the capital
- 54:30budget. Oh, they had to.
- 54:32Spend. Yeah, they had to spend and they
- 54:33needed it, you know, by the end of the year.
- 54:35Corporate games. Yeah.
- 54:36And I'll never forget, I was like 1.
- 54:39We always joke like we will fly to Taiwan, we will fly to India
- 54:43to get parts if we need to. Like obviously we won't.
- 54:45But we said yes. We said, OK, we will make this
- 54:50happen. We'll get these units in your
- 54:53hand by the end of the year. But it was so nerve wracking and
- 54:57I was like, they had even paid us for them out.
- 55:02It was like AI won't disclose the number, but it was
- 55:05definitely like almost 6 figures and we just had to every day.
- 55:11It was like a stand up meeting with our production team.
- 55:13Every day it was reviewing what parts have received, what parts
- 55:17have gone through the inspection.
- 55:19And we didn't quite meet like December 30th or 31st, but the
- 55:25units had left our manufacturing facility and that technically
- 55:29counted as they had shipped. And so that airport was like
- 55:34January 2nd. Like when they arrived, they
- 55:37were like, it's fine. It's.
- 55:38Fine, at least. Yeah, yeah.
- 55:39But that felt like a big, like, make or break moment.
- 55:43And then I think every founder will say, like, you could have
- 55:45the best 5 minutes, and then you could have like, the worst 5
- 55:49minutes. That's so true.
- 55:50That's so true. And I love kind of a lot of the
- 55:53transparency that we see today, whether it's like on your
- 55:56podcast or on LinkedIn with people being like, it's really
- 56:01tough. Yeah.
- 56:02And you're not alone. Yeah.
- 56:04You're not alone. And yes, social media you, I
- 56:07think founders and entrepreneurs and young businesses are
- 56:10businesses are getting better at sharing.
- 56:13You know, this is frankly like all the stuff that goes on in
- 56:17the background. Like it's not just it's not all
- 56:20like roses everyday as an entrepreneur, I mean, sometimes
- 56:23like we're still like packing up something in our the back of our
- 56:26trunk or going to an install and we're still doing those things
- 56:32to this day. And there's just many times that
- 56:34you doubt what am I doing? Is this going to work as this,
- 56:37right? Is this did?
- 56:38I really leave my 401. K is this the right direction?
- 56:42You know, should I change this? Not what the market want, you
- 56:44know, it's Yeah, you just Yeah. And it you have to have real
- 56:47conviction. And you're right, It's it's you
- 56:50could have two days in a row that were just terrible.
- 56:51And it seems like the world's coming in on you.
- 56:53And then two days later you want some clients and this and that
- 56:56your social media bots are. What's a roller coaster?
- 56:59It's such a roller. Coaster, so it is a roll and so
- 57:01you have to stay kind of even keel and I think it helps when
- 57:05you've been been doing it for a few years, the first couple
- 57:07years, first two or three years or four years, maybe even are
- 57:10are tougher because you haven't had the experiences.
- 57:13So now it's like I can go back and go, hey, been through a
- 57:15challenging moment before. We're going to get through this.
- 57:18Keep positive, keep working your ass off.
- 57:19We'll be fine. Yeah.
- 57:20I will say though, like the first couple years I feel like
- 57:23though are almost easier because you're in a honeymoon phase.
- 57:26Yeah, it's true. It's like.
- 57:27You don't know what you don't know.
- 57:28That's true. I think we're founders and you
- 57:30see like those statistics of only, you know, certain
- 57:33percentage actually make it to year 10 or year five.
- 57:36Year 5 is a big one where it's like those first couple years I
- 57:40look back and I'm like, oh, I miss those days.
- 57:42Me too, I think the same thing. Yeah.
- 57:44And then I we always say it's like patience and persistence.
- 57:48Like we, we want the yeses, we want the home runs, we want the
- 57:52highs. But like we have to remind
- 57:54ourselves like be patient, but also be professionally
- 57:57persistent. Like send that 5th or ATML, you
- 58:01know, call that customer and see if you can, you know, build a
- 58:05better relationship than via e-mail.
- 58:08I will say too, I think my corporate experience was really
- 58:12valuable. I mentor a lot of younger
- 58:15founders, especially female founders, ISO, you know, go
- 58:19speak to like high school students.
- 58:20And I'm like, you know, getting that corporate experience about
- 58:24formality and operationalizing and, you know, not getting too
- 58:29stressed because it's like, we'll figure out how to get
- 58:32through this time or there's always a solution.
- 58:36It might, it might be really a creative solution that, you
- 58:39know, you're like nervous to actually put in emotion.
- 58:42But we'll figure it out. Like we always say, like we got
- 58:46this, we'll figure it out. You have to have the mindset to
- 58:50make it, you know, and I think enjoy the ride, enjoy every
- 58:53phase because I'm, I'm with you. I look back at the 1st at least
- 58:55the first year. Second year was a little
- 58:57tougher, but the first year I'm like, man, those are some of the
- 58:59best times ever. I'm just like a stupid
- 59:01entrepreneur, you know? I didn't know anything.
- 59:03Like I just the world is. Ignorant and I was just like,
- 59:05everything's going to work out. And we got a vision in this and
- 59:08it did all work out. But it it just, yeah, there's
- 59:11something about you got to enjoy each phase.
- 59:13You know, if you're a little bit slower, enjoy that phase if
- 59:16you're busy or enjoy that phase if you're, you know, going
- 59:18through some things, find the find the moments that you can
- 59:21enjoy and relish because you'll look back on it and you, you
- 59:23will enjoy it. You will look back and say, that
- 59:25was a good memory, a good experience, But you can't get so
- 59:28focused on the next step all the time that you miss, you know,
- 59:32the moments that you have in between.
- 59:34Because really to me that the, it's like they say, the, the
- 59:38journey to the mountaintop is really the top of the mountain.
- 59:41You know, it's not, it's the destination, It's not really
- 59:43getting to the actual place you want to go.
- 59:45It's really about the journey. You know so and we may not get
- 59:49that like big acquisition or that big you know 10X multiplier
- 59:55for a sale, but like I will. Say we might, You know, you
- 59:58never know. Yeah.
- 59:59But I will say regardless of like where Pluy is in 10, you
- 1:00:03know, 1520 years, we have learned so much and the
- 1:00:08relationships that we have established, I'm so proud that
- 1:00:12our our products are out there in the world.
- 1:00:14They're being used. We get, you know, pictures from
- 1:00:17strangers of like, Oh my gosh, I loved your diaper changing
- 1:00:20table. Or they'll scan our QR code and
- 1:00:24they'll, you know, give us a great survey.
- 1:00:28To me, especially as somebody who's been in product
- 1:00:30development for decades, like, that brings me so much joy is,
- 1:00:35is seeing our products in the world and, and being, you know,
- 1:00:40received really well. Yeah.
- 1:00:42Ready. This is a great conversation.
- 1:00:43Thank you SO. Much.
- 1:00:44I appreciate you coming on. Great.
- 1:00:46Where can people find you, connect with you, learn more
- 1:00:48about what you guys do, or even buy some of the stuff?
- 1:00:50That's great. Hello, pluy.com, Instagram,
- 1:00:53Facebook. Hello Pluy.
- 1:00:56We love followership. We love, obviously purchases and
- 1:00:59sales. And then you can also find Pluy
- 1:01:02products and many of your local boutiques.
- 1:01:04And then please send us pictures if you see Pluy out in public
- 1:01:08and change a diaper. Appreciate you coming on the
- 1:01:10show. Thank you.