The Importance of Early Childhood Education | Experience Ara from ara 2020 eyfs Watch Video

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Ara | Te Pūkenga

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Dude Wipes’ potty-mouthed founders have already grabbed 1% of the $11 billion U.S. toilet paper market. Now the Mark Cuban-backed startup is aiming to swipe up to 10%.<br/><br/>Since starting Dude Products in 2011, Sean Riley, Ryan Meegan and a third cofounder, Jeff Klimkowski, childhood friends from the Chicago suburbs, have closely studied the trail left behind by “Big Toilet Paper” leaders like Kimberly Clark and Procter & Gamble – everything from the design of their newest rolls to their latest ad campaigns – and have done the exact opposite. <br/><br/>One of the most successful businesses in Shark Tank history, Dude Products rolled up $110 million in revenue last year, from $70 million in 2022. The company, which has been profitable since 2016, now makes up 1% of the $11 billion toilet paper industry. The founders predict Dude will do $500 million in annual sales within five years and ultimately grow into a $1 billion (sales) brand. <br/><br/>0:00 Who Are The Dudes?<br/>00:19 Meeting the Need for Something Different <br/>02:50 Characteristics of a Winning Team<br/>03:37 Scared Money Don’t Make Money<br/>04:29 Guerilla Marketing At Its Finest <br/>06:46 The Dudes’ First Major Deal <br/>07:22 The Shark Tank Effect <br/>09:28 The Great Toilet Shortage of 2020<br/>11:00 Flushing Out the Competition <br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/jemimamcevoy/2024/05/17/this-shark-tank-winner-has-a-1-billion-plan-to-replace-toilet-paper/?sh=1b23fac62c17<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
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A shop manager quit her job to resell second-hand clothing - and now makes up to $5k-a-month. <br/><br/>Stephanie Thornsburg, 43, ran a thrift shop for 16 years - before turning her side hustle of selling her old clothes online into a full-time career. <br/><br/>She started off listing the clothes in her wardrobe - but now makes a living buying and selling second-hand items.<br/><br/>As well as being able to pay herself a salary, Stephanie also uses it to support her two children, 23 and 18, with her husband, Luke, 44, a configuration lead. <br/><br/>Stephanie, from Cincinnati, Ohio, US, said: “I make money by spending time digging and finding the treasures - then putting them on the second-hand market. <br/><br/>“I was ready to be my own boss, too - really take the leap. <br/><br/>“I managed other people for 16 years, after a while, it gets a little overwhelming. <br/><br/>“Now, I’ve never been happier - I’m helping promote slow fashion and I have so much free time on my hands.”<br/><br/>The mum-of-two has always worked in the second-hand industry. <br/><br/>She was the first person to open up a “bricks-and-mortar buy-and-sell store” in her area. <br/><br/>Stephanie managed the shop for 16 years and often felt she had to give up her free time to help out.<br/><br/>“My kids were eight months and five years old at the time,” she said. <br/><br/>“I started out as a store manager - and ended up working my way to district manager. <br/><br/>“When you’re manager, you’re the one who has to end up going in and taking care of things. <br/><br/>“I had to come in on so many of my days off, and work lots of overtime. <br/><br/>“Even if I wasn’t at work, you still get phone calls, and you’re still needed. <br/><br/>“You’d be getting questions at any time of the day. <br/><br/>“I also had some crazy emergencies - like a kid once accidentally crashing his car into the front of our store.”<br/><br/>Other full-time clothing resellers would often come to Stephanie’s shop for “inventory” - which inspired her to make the transition. <br/><br/>She said: “Resellers would particularly come to our women’s and designer stores. <br/><br/>“People bought our stuff to try and sell it on and make some money. <br/><br/>“It piqued my interest that people can do this all by themselves - they don’t have to work for someone.”<br/><br/>In 2020, Stephanie started selling the clothes in her wardrobe as a side hustle - before branching out to other products bought at second-hand shops. <br/><br/>It took her four years to make enough money to replace her nine-to-five income. <br/><br/>She initially started out making $1k profit per month, and now has a turnover of $60k-a-year.<br/><br/>“The trick is to learn which brands sell well,” she said. <br/><br/>“The money comes in when you figure out what those pieces are.<br/><br/>“Size is a huge component for me. <br/><br/>“The average size of a woman in the US is a 16, so I often find sizes 10 and up perform the best. <br/><br/>“It took me a full year to profit $1k to $2k-a-month doing this as a side-hustle - now, it’s $4k to $5k. <br/><br/>“I’ve been able to make what I was making at my old job - but I’m my own boss, and continuing to grow.”
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