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BiggerPockets Business Podcast

34: From NO Business Experience to $40M in Sales and Shark Tank Success with Jamie and Brian Ratner of CertifiKID

BiggerPockets Business Podcast

BiggerPockets

Business, Careers

4.8696 Ratings

🗓️ 17 December 2019

⏱️ 57 minutes

🧾️ Download transcript

Summary

Are you concerned that your lack of business experience is going to hinder your ability to start and grow a company? Do you think that being a marketing expert is a prerequisite to getting your first customers? Well, that’s not the case... and our guests today are here to prove it! Jamie and Brian Ratner—co-founders of CertifiKID, a multi-million dollar family-focused deal site—are here to tell you about how they started their company without business degrees, without a big team, and without a big marketing budget. And on this episode, they teach us how you can bootstrap your business and how building a team that buys into your vision can propel you to success. Jamie tells us how she stood on the street corner handing out flyers, trying to find that first customer. And Brian tells us how—10 years later—they were able to put themselves in front of some of the most influential investors on the planet. Brian also tells his story about how he went toe-to-toe with Kevin O’Leary (from Shark Tank), negotiating a deal that would bring them a big six-figure investment and a realization of one of their big business goals. And if you’ve ever dreamed of being on Shark Tank, make sure you listen for Jamie’s tip on how to bypass the cattle-call auditions and get straight to the decision makers! Check them out, and subscribe to the BiggerPockets Business Podcast so you won’t miss our next show! In This Episode We Cover: Why it's important to move quickly and be the first to market How to hire employees by reaching out to customers How they follow trends to never become boring to their customers How they complement each other in their business How they got into Shark Tank How they plan for success and not failure Why building a strong team is their #1 priority Why you should make appropriate sacrifices And SO much more! Links from the Show BiggerPockets Forums Groupon CertifiKID Shark Tank Negotiation Check the full show notes here: http://biggerpockets.com/bizshow34 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hello Blue Skies. Hello moving onwards and upwards. Hello, taking control of your money. Say hello to tax-free investing. Open a Stocks and Shares ICER and act by the 5th of April to get 100 to 3,000 pounds cashback. Cargreaves lands down. Hello Life. Register and add or transfer £10,000 plus. You may go Lansdowne. Hello Life.

0:23.8

Register and add or transfer £10,000 plus.

0:25.4

You may get back less than you invest.

0:26.5

And tax benefits vary.

0:28.6

For terms and conditions, see hl.co.uk. UK, 4. slash ISA.

0:30.8

This episode is brought to you by Vanty.

0:33.6

Stressing over cyber security.

0:35.3

Whether you're a startup, growing fast, or already established.

0:38.6

Vanta can help you get ISO-27,001 certified and more.

0:43.6

Plus, it allows your company to centralize security workflows,

0:47.6

complete questionnaires up to five times faster,

0:50.2

and proactively manage vendor risk to help your team stay compliant.

0:54.3

Head to vanta.com slash Spotify to learn more.

0:58.4

Ready to launch your business?

1:00.3

Get started with the commerce platform made for entrepreneurs.

1:03.5

Shopify is specially designed to help you start, run and grow your business

1:07.6

with easy customizable themes that let you build your brand,

1:11.2

marketing tools that get your products out there, integrated shipping solutions that actually

1:15.1

save you time, from startups to scaleups, online, in person, and on the go.

1:20.7

Shopify is made for entrepreneurs like you.

1:23.1

Sign up for your $1 a month trial at Shopify.com slash setup.

1:28.9

Welcome to the Bigger Pocket Business Podcast show number 34.

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