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Jim McCann

๐Ÿ‘ค Person
198 total appearances

Appearances Over Time

Podcast Appearances

Money Rehab with Nicole Lapin
Inside a Florist's Valentine's Day with Jim McCann, Founder & Chairman at 1-800 Flowers.com

So Valentine's Day, middle of winter, toughest time of the year from a weather point of view. So I'm keenly aware of the pass in Northern California called Donner's Pass and whether or not there's snow on it because our trailer trucks have to get through that area to the airport.

Money Rehab with Nicole Lapin
Inside a Florist's Valentine's Day with Jim McCann, Founder & Chairman at 1-800 Flowers.com

So Valentine's Day, middle of winter, toughest time of the year from a weather point of view. So I'm keenly aware of the pass in Northern California called Donner's Pass and whether or not there's snow on it because our trailer trucks have to get through that area to the airport.

Money Rehab with Nicole Lapin
Inside a Florist's Valentine's Day with Jim McCann, Founder & Chairman at 1-800 Flowers.com

So Valentine's Day, middle of winter, toughest time of the year from a weather point of view. So I'm keenly aware of the pass in Northern California called Donner's Pass and whether or not there's snow on it because our trailer trucks have to get through that area to the airport.

Money Rehab with Nicole Lapin
Inside a Florist's Valentine's Day with Jim McCann, Founder & Chairman at 1-800 Flowers.com

And if that pass is closed, we have a nine hour extra drive down through the southern part of California to get to the appropriate airport. So weather is a variable that as we became much more involved in the agricultural part of the business through Harry and David at all, I became much more aware of. So I have more reasons not to sleep effectively at night.

Money Rehab with Nicole Lapin
Inside a Florist's Valentine's Day with Jim McCann, Founder & Chairman at 1-800 Flowers.com

And if that pass is closed, we have a nine hour extra drive down through the southern part of California to get to the appropriate airport. So weather is a variable that as we became much more involved in the agricultural part of the business through Harry and David at all, I became much more aware of. So I have more reasons not to sleep effectively at night.

Money Rehab with Nicole Lapin
Inside a Florist's Valentine's Day with Jim McCann, Founder & Chairman at 1-800 Flowers.com

And if that pass is closed, we have a nine hour extra drive down through the southern part of California to get to the appropriate airport. So weather is a variable that as we became much more involved in the agricultural part of the business through Harry and David at all, I became much more aware of. So I have more reasons not to sleep effectively at night.

Money Rehab with Nicole Lapin
Inside a Florist's Valentine's Day with Jim McCann, Founder & Chairman at 1-800 Flowers.com

Well, you know, this is a tougher environment to grow in, Nicole. Organic growth, which has been a The primary growth engine for us for these many years is going to be a little tougher in this year and maybe the year after and certainly in the last year. So then we say, OK, we have a nice balance sheet. We have a good platform.

Money Rehab with Nicole Lapin
Inside a Florist's Valentine's Day with Jim McCann, Founder & Chairman at 1-800 Flowers.com

Well, you know, this is a tougher environment to grow in, Nicole. Organic growth, which has been a The primary growth engine for us for these many years is going to be a little tougher in this year and maybe the year after and certainly in the last year. So then we say, OK, we have a nice balance sheet. We have a good platform.

Money Rehab with Nicole Lapin
Inside a Florist's Valentine's Day with Jim McCann, Founder & Chairman at 1-800 Flowers.com

Well, you know, this is a tougher environment to grow in, Nicole. Organic growth, which has been a The primary growth engine for us for these many years is going to be a little tougher in this year and maybe the year after and certainly in the last year. So then we say, OK, we have a nice balance sheet. We have a good platform.

Money Rehab with Nicole Lapin
Inside a Florist's Valentine's Day with Jim McCann, Founder & Chairman at 1-800 Flowers.com

So when we make an acquisition like Things Remembered, which we just acquired, a very small acquisition.

Money Rehab with Nicole Lapin
Inside a Florist's Valentine's Day with Jim McCann, Founder & Chairman at 1-800 Flowers.com

So when we make an acquisition like Things Remembered, which we just acquired, a very small acquisition.

Money Rehab with Nicole Lapin
Inside a Florist's Valentine's Day with Jim McCann, Founder & Chairman at 1-800 Flowers.com

So when we make an acquisition like Things Remembered, which we just acquired, a very small acquisition.

Money Rehab with Nicole Lapin
Inside a Florist's Valentine's Day with Jim McCann, Founder & Chairman at 1-800 Flowers.com

Sub $10 million acquisition. All we bought was intellectual property. We bought the brand, we bought the customer list, inconsequential amount of inventory, and then we relaunch it. So we already have the technology platform. We have the fulfillment facilities. We have the machines that do the etching and the laser cutting. We have the glop of the glop of the machine in place.

Money Rehab with Nicole Lapin
Inside a Florist's Valentine's Day with Jim McCann, Founder & Chairman at 1-800 Flowers.com

Sub $10 million acquisition. All we bought was intellectual property. We bought the brand, we bought the customer list, inconsequential amount of inventory, and then we relaunch it. So we already have the technology platform. We have the fulfillment facilities. We have the machines that do the etching and the laser cutting. We have the glop of the glop of the machine in place.

Money Rehab with Nicole Lapin
Inside a Florist's Valentine's Day with Jim McCann, Founder & Chairman at 1-800 Flowers.com

Sub $10 million acquisition. All we bought was intellectual property. We bought the brand, we bought the customer list, inconsequential amount of inventory, and then we relaunch it. So we already have the technology platform. We have the fulfillment facilities. We have the machines that do the etching and the laser cutting. We have the glop of the glop of the machine in place.

Money Rehab with Nicole Lapin
Inside a Florist's Valentine's Day with Jim McCann, Founder & Chairman at 1-800 Flowers.com

So there we would expand our product line a little bit because they had a different mix than we do. And so, but we already have the backend. So we can afford the body intellectual property, spend less than $10 million for it and have every expectation that we'll grow that brand to $100 million brand.

Money Rehab with Nicole Lapin
Inside a Florist's Valentine's Day with Jim McCann, Founder & Chairman at 1-800 Flowers.com

So there we would expand our product line a little bit because they had a different mix than we do. And so, but we already have the backend. So we can afford the body intellectual property, spend less than $10 million for it and have every expectation that we'll grow that brand to $100 million brand.

Money Rehab with Nicole Lapin
Inside a Florist's Valentine's Day with Jim McCann, Founder & Chairman at 1-800 Flowers.com

So there we would expand our product line a little bit because they had a different mix than we do. And so, but we already have the backend. So we can afford the body intellectual property, spend less than $10 million for it and have every expectation that we'll grow that brand to $100 million brand.

Money Rehab with Nicole Lapin
Inside a Florist's Valentine's Day with Jim McCann, Founder & Chairman at 1-800 Flowers.com

And we'll do that fairly inexpensively because we already have 30 million customers to introduce that brand to. And we can do that relatively inexpensively. We don't have to go out and acquire new customers. We already have 30 million affluent, gifting, thoughtful people who would most likely be interested in

Money Rehab with Nicole Lapin
Inside a Florist's Valentine's Day with Jim McCann, Founder & Chairman at 1-800 Flowers.com

And we'll do that fairly inexpensively because we already have 30 million customers to introduce that brand to. And we can do that relatively inexpensively. We don't have to go out and acquire new customers. We already have 30 million affluent, gifting, thoughtful people who would most likely be interested in