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Tim Doyle

πŸ‘€ Speaker
1184 total appearances

Appearances Over Time

Podcast Appearances

Equity Mates Investing Podcast
The Inside Story of Eucalyptus: Tim Doyle on Starting, Scaling and Selling a $1.6 billion business

And so there's a big leap from a business shape perspective to do those things.

Equity Mates Investing Podcast
The Inside Story of Eucalyptus: Tim Doyle on Starting, Scaling and Selling a $1.6 billion business

We just never really wanted to make that leap.

Equity Mates Investing Podcast
The Inside Story of Eucalyptus: Tim Doyle on Starting, Scaling and Selling a $1.6 billion business

So that business, like I would call like a small business, but not a very, you know, not a great business.

Equity Mates Investing Podcast
The Inside Story of Eucalyptus: Tim Doyle on Starting, Scaling and Selling a $1.6 billion business

Then we had a skincare business.

Equity Mates Investing Podcast
The Inside Story of Eucalyptus: Tim Doyle on Starting, Scaling and Selling a $1.6 billion business

which was a good business, but really struggled on retention.

Equity Mates Investing Podcast
The Inside Story of Eucalyptus: Tim Doyle on Starting, Scaling and Selling a $1.6 billion business

And actually, I think we just screwed up the execution.

Equity Mates Investing Podcast
The Inside Story of Eucalyptus: Tim Doyle on Starting, Scaling and Selling a $1.6 billion business

We're trying to do too many things at once.

Equity Mates Investing Podcast
The Inside Story of Eucalyptus: Tim Doyle on Starting, Scaling and Selling a $1.6 billion business

Skincare businesses can be exceptional businesses because markets change really quickly there, which means that you get a lot of opportunity and then people are really willing to try new products.

Equity Mates Investing Podcast
The Inside Story of Eucalyptus: Tim Doyle on Starting, Scaling and Selling a $1.6 billion business

And so you get a shot if you build a skincare business.

Equity Mates Investing Podcast
The Inside Story of Eucalyptus: Tim Doyle on Starting, Scaling and Selling a $1.6 billion business

The problem that we built is like, we built on the promise of personalized skincare and then really couldn't solve the personalization problem after the first dose.

Equity Mates Investing Podcast
The Inside Story of Eucalyptus: Tim Doyle on Starting, Scaling and Selling a $1.6 billion business

And so that business kind of

Equity Mates Investing Podcast
The Inside Story of Eucalyptus: Tim Doyle on Starting, Scaling and Selling a $1.6 billion business

Blew up, it was going really great, kind of zero to 20 million six months or something, maybe shorter, maybe shorter.

Equity Mates Investing Podcast
The Inside Story of Eucalyptus: Tim Doyle on Starting, Scaling and Selling a $1.6 billion business

And then we realized that kind of post order three retention was really dropping.

Equity Mates Investing Podcast
The Inside Story of Eucalyptus: Tim Doyle on Starting, Scaling and Selling a $1.6 billion business

And so it was a hard business to kind of continue to scale.

Equity Mates Investing Podcast
The Inside Story of Eucalyptus: Tim Doyle on Starting, Scaling and Selling a $1.6 billion business

Then we had a sex toy business, which is a great margin business as well, but has a very hard marketing challenge.

Equity Mates Investing Podcast
The Inside Story of Eucalyptus: Tim Doyle on Starting, Scaling and Selling a $1.6 billion business

We thought we could solve the marketing challenge, but with a one-off purchase style business that obviously that category is, you had to work so hard for a transaction and then there was no follow-up transaction.

Equity Mates Investing Podcast
The Inside Story of Eucalyptus: Tim Doyle on Starting, Scaling and Selling a $1.6 billion business

So it didn't really make sense.

Equity Mates Investing Podcast
The Inside Story of Eucalyptus: Tim Doyle on Starting, Scaling and Selling a $1.6 billion business

Yeah.

Equity Mates Investing Podcast
The Inside Story of Eucalyptus: Tim Doyle on Starting, Scaling and Selling a $1.6 billion business

And it's a bit of a niche category in itself.

Equity Mates Investing Podcast
The Inside Story of Eucalyptus: Tim Doyle on Starting, Scaling and Selling a $1.6 billion business

And then we had a menopause business, which was pretty good, which became Juniper.