Podcast Summary
Resilience and adaptability: Staying focused and having multiple plans are crucial for success during uncertain times, as demonstrated by Pinky Cole and Aparna Saren's experiences in the vegan industry and business leadership respectively.
Resilience and adaptability are crucial for business success, even in challenging industries and circumstances. Pinky Cole, founder of Slutty Vegan, shares her infectious energy and determination to thrive in the vegan space despite its difficulties. Aparna Saren, CMO of Capital One Business, recalls her experience navigating the pressure and fear that comes with making a pivotal business decision. Both Pinky and Aparna demonstrate the importance of having multiple plans and staying focused during times of uncertainty. Whether it's continuing to grow a business or leading a team through a pivot, their stories remind us to stay confident and keep moving forward.
Slutty Vegan's approachable veganism: Slutty Vegan uses a fun, sexy brand image and a variety of proteins to make veganism approachable and enjoyable for non-vegans, inspiring a shift in mindsets and creating a welcoming environment for newcomers to the vegan world.
Slutty Vegan, a plant-based fast-food chain, aims to make veganism approachable and enjoyable for non-vegans, using a variety of proteins and a fun, sexy brand image. Founder Pinky Cole shares her mission to shift mindsets and create a welcoming environment for newcomers to the vegan world. Despite challenges and being a pioneer in the industry, she aspires to expand the brand while setting a positive example for future vegan restaurants. With 14 locations and plans for more, Slutty Vegan is making strides in the market, offering a diverse range of options and becoming a reflection of the excellence in the vegan food industry.
Passion vs Data-Driven Decisions: A successful business requires a balance between passion and data-driven decisions. Starting with passion can fill underserved markets, but data is necessary for long-term sustainability.
Successful business growth requires a balance between passion and data-driven decision making. The speaker, a vegan restaurant entrepreneur, started her business out of passion and filled underserved markets. But as her brand grew into a multi-million dollar business, she realized the importance of making data-driven decisions to sustain it. This was a challenging transition, especially as she stepped away from the business to have children and later returned. Despite the stress and humbling experience of having to go back to the basics, she remains committed to growing her legacy with the same energy and determination she had when she first started.
Entrepreneurship, Authenticity, Community: Entrepreneurship requires balancing control and letting go while staying true to your authentic self and giving back to the community. Disrupting norms and fostering community can lead to significant impact and business success.
Entrepreneurship involves balancing control and letting go while staying true to your authentic self and giving back to the community. Pinky Cole, the founder of Slutty Vegan, shares her experience of growing her business and the importance of disrupting norms and fostering community. Despite facing criticism and challenges, she has remained committed to her vision and has made a significant impact by pouring her business success back into the community. Cole's message to entrepreneurs is to stay true to themselves, disrupt, and make a positive impact. She wants Slutty Vegan to be remembered for its authenticity, community building, and giving back. Cole also emphasizes that her business success is not just about sales but about reimagining food, thinking, and engaging with people. The New Yorker's description of her as a saleswoman is not a criticism but a recognition of her business acumen, which she uses to make a positive impact.
Success through unconventional means: Success can come from unexpected places and methods, and using your platform for good and seeking support can lead to significant achievements.
Success comes in many forms and through unconventional means. Pinky Cole's story of building a $100 million brand in an untapped market while addressing social issues is a testament to this. She emphasizes the importance of using one's platform for good and providing opportunities for those who may not have them. Cole also shares her vulnerability and resilience in the face of fear and failure, highlighting the value of seeking help and having contingency plans. Capital One Business's Parneet Abraham's story of addressing potential product failure through collaboration and vulnerability further emphasizes the importance of community and support in achieving success. Overall, these stories remind us that success is not just about the end goal, but also about the journey and the impact we make along the way.
Navigating success as a black woman in business: Staying at the top and scaling requires resilience, excellence, and a willingness to learn from setbacks. Unexpected wisdom from a denied Forbes cover and giving up equity led to growth opportunities.
Navigating success, especially as a black woman in business, is not always easy despite appearances. Getting to the top may come relatively easily, but staying there and scaling requires resilience, excellence, and a willingness to learn from setbacks. A valuable lesson came from an unexpected source when the intervietee was denied a Forbes cover and instead received wisdom and calm respect from Danny Meyer. This experience shifted her perspective on handling disappointment and taught her the importance of silent wisdom. Another pivotal moment was giving up equity in her brand, which brought mixed emotions but ultimately showed her that giving up a small percentage could lead to greater growth opportunities.
Entrepreneurship Challenges: Successful entrepreneurs emphasize the importance of learning and growing, even in the face of adversity and unpredictability. They highlight the need for resilience, adaptability, and a willingness to pivot.
Entrepreneurship involves uncertainty and the will to persevere. Pinky Cole, the founder of VeganSlimsFast, shared her experience of receiving a large influx of funds and the emotional and practical challenges that came with it. She emphasized the importance of learning and growing in business, even when faced with adversity. Cole also highlighted the unpredictability of the vegan movement and her determination to continue growing and creating opportunities for others. In a separate conversation, Aparna Saren of Capital One Business discussed the importance of having multiple contingency plans and being open to pivoting in business. These stories offer valuable insights into the mindset and experiences of successful entrepreneurs, demonstrating the importance of resilience, adaptability, and a willingness to learn.
Business Advice Shows: Listeners can access valuable insights and advice from top business minds through shows like Rapid Response and Masters of Scale by submitting questions or listening to current episodes.
The Rapid Response Show and Masters of Scale offer valuable resources for individuals seeking guidance from top business minds. Rapid Response Show, hosted by Bob Safian, provides insights from various experts on current events and trends. Masters of Scale, on the other hand, allows listeners to submit their business questions and receive advice from legendary leaders. To engage with these resources, listeners can email hello@mastersofscale.com or call 919-627-8377 to leave a message. These shows provide invaluable advice and insights for those just starting or facing challenges in their entrepreneurial journey.
