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Ep4 - From Traditional to Modern: Transforming a Textile Business (with Kevin Bibelhausen of Fruition Capital)
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In this episode, Kevin discusses different pathways to entrepreneurship that don't solely hinge on venture capital or bootstrapping a tech startup.
He delves into the rationale behind purchasing the textile company, emphasizing its stable financial history, strategic position in the supply chain, and the potential for modern technological intervention in an old industry. Kevin also shares the immediate challenges and learning curves associated with imports, tariffs, and expanding the supplier base. Moreover, he talks about the significance of automation and technological infrastructure in scaling the business while exploring possible future directions.
The conversation covers broader themes of entrepreneurship, industry innovation, and the importance of a supportive network in navigating highs and lows of business ownership.
- 00:00 Redefining Entrepreneurship: Beyond Startups and VC Funding
- 01:21 The Entrepreneurial Journey: Acquiring and Scaling a Textile Company
- 04:31 Exploring the Complex World of International Imports
- 07:19 Strategic Business Moves in the Textile Industry
- 09:12 Entrepreneurial Insights: Buying and Scaling Businesses
- 11:38 The Power of Teamwork and Gratitude in Business
- 13:43 Tackling Challenges with Technology and Outsourcing
- 16:25 Post-Interview Reflections and Future Plans
12 episodes
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