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Vince Speroni

๐Ÿ‘ค Speaker
64 total appearances

Appearances Over Time

Podcast Appearances

How I Built This with Guy Raz
Advice Line with David Neeleman of JetBlue

That's kind of where the light bulb went off.

How I Built This with Guy Raz
Advice Line with David Neeleman of JetBlue

We launched January 2025.

How I Built This with Guy Raz
Advice Line with David Neeleman of JetBlue

Wow.

How I Built This with Guy Raz
Advice Line with David Neeleman of JetBlue

Wow.

How I Built This with Guy Raz
Advice Line with David Neeleman of JetBlue

And how did you do your first year?

How I Built This with Guy Raz
Advice Line with David Neeleman of JetBlue

Our first year, we did 40K in revenue, but it was so many rookie mistakes.

How I Built This with Guy Raz
Advice Line with David Neeleman of JetBlue

I was working a full-time job for the first half of the year.

How I Built This with Guy Raz
Advice Line with David Neeleman of JetBlue

We knew absolutely nothing about marketing funnels or anything.

How I Built This with Guy Raz
Advice Line with David Neeleman of JetBlue

I would say in September, we got a lot more serious and structured and focused.

How I Built This with Guy Raz
Advice Line with David Neeleman of JetBlue

And projection for this year is $150,000 in revenue.

How I Built This with Guy Raz
Advice Line with David Neeleman of JetBlue

So given that we're bootstrapped and we have limited cash on hand, how do I decide whether to spend that cash on new unproven SKUs that will increase optionality for new customers and give existing customers more things to repurchase versus putting it back into what's already selling and using that money on building the brand through marketing?

How I Built This with Guy Raz
Advice Line with David Neeleman of JetBlue

Got it.

How I Built This with Guy Raz
Advice Line with David Neeleman of JetBlue

Is that what you're... Different colors, different fabric length.

How I Built This with Guy Raz
Advice Line with David Neeleman of JetBlue

Like you can go into briefs, you can make your boxer briefs longer, different styles of boxers.

How I Built This with Guy Raz
Advice Line with David Neeleman of JetBlue

Because we've had a lot of customers say, hey, I love your company, but you don't have this preference of mine.

How I Built This with Guy Raz
Advice Line with David Neeleman of JetBlue

So they won't purchase because we're very limited.

How I Built This with Guy Raz
Advice Line with David Neeleman of JetBlue

Our repurchase rate is pretty good.

How I Built This with Guy Raz
Advice Line with David Neeleman of JetBlue

It's 17% right now.

How I Built This with Guy Raz
Advice Line with David Neeleman of JetBlue

We want to get it up to 25.

How I Built This with Guy Raz
Advice Line with David Neeleman of JetBlue

But we've only been โ€“ we've only been โ€“