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EP 366: Her Cheese Shop Does $1m+ Annually, EBITDA Low, Why?

EP 366: Her Cheese Shop Does $1m+ Annually, EBITDA Low, Why?

FromSaaS Interviews with CEOs, Startups, Founders


EP 366: Her Cheese Shop Does $1m+ Annually, EBITDA Low, Why?

FromSaaS Interviews with CEOs, Startups, Founders

ratings:
Length:
32 minutes
Released:
Jul 25, 2016
Format:
Podcast episode

Description

Kendall Antonelli, who started a cheese shop with her husband. Antonelli’s Cheese Shop has taken off, and last year their revenue was $1.9 million. Kendall and her husband have found that they secret to their success is storytelling. They share the personal stories behind their cheeses and other products. Famous 5:   Favorite Book? – Good to Great, Uncontainable, Mastering the Rockefeller Habits Favorite online tool? — QuickBooks Do you get 8 hours of sleep?—Yes If you could let your 20 year old self know one thing, what would it be? — Keep an adventurous spirit. Do something every day that betters yourself.   Time Stamped Show Notes: 01:25 – Nathan introduces Kendall 01:40 – Kendall and her husband got the idea on their honeymoon 02:25 – Her husband wanted to find a better job, in cheese 03:00 – He decided to look into the business 03:40 – Kendall was working in social work 04:20 – They always wanted to work together 04:45 – She grew up in a farm town, and they “fell in love with the story of cheese.” 05:10 – They looked at their strengths 05:35 – Antonelli’s Cheese LLC 06:00 – Their rent 07:10 – Multiple business models 07:20 – Her and her husband have separate roles 08:25 – Open-book management 08:40 – $1.9 million in 2015 09:05 – “Passion with Purpose” 09:25 – Their retail is the most successful 10:00 – Cost is per pound 11:00 – Making cheese is a labor-intensive industry 12:15 – They decided to not be cheese makers, but be out of the kitchen and “storytelling” 13:15 – All the costs behind a wheel of cheese 13:40 – Team of six or seven people 14:05 – An artisanal journey 14:30 – Telling the story of the cheese 14:45 – Skews were as high as 2000 15:15 – Most lucrative products 16:15 – Wholesale in 2015 was about half of their revenue 16:45 – Cheese of the Month Club 17:15 – Parties and catering 17:45 – Their wholesale market is more flexible for clients 18:25 – Dealing with a perishable item/shelf life 19:00 – They are looking into investors 19:25 – What they pay themselves 20:20 – They travel to cheese conventions around the world 20:55 – They want to be in control of their business 21:30 – Professional and personal life can coexist 24:00 – Antonellischeese.com 26:20 – The Famous Five 3 Key Points: Make your passion your business. Design a career that lets you accomplish your life goals. Your professional and personal life can coexist. Resources Mentioned: Host Gator – The site Nathan uses to buy his domain names and hosting for cheapest price possible. Freshbooks - The site Nathan uses to manage his invoices and accounts. Leadpages  – The drag and drop tool Nathan uses to quickly create his webinar landing pages which convert at 35%+ Audible – Nathan uses Audible when he's driving from Austin to San Antonio (1.5 hour drive) to listen to audio books. QuickBooks – The accounting tool for Antonelli’s Cheese Shop Good to Great, Uncontainable and Mastering the Rockefeller Habits – A series of great business books that Kendall recommends. Show Notes provided by Mallard Creatives
Released:
Jul 25, 2016
Format:
Podcast episode

Titles in the series (100)

Over 10M founders, CEO's, and investors have downloaded this 15 minute daily podcast from Nathan Latka. Each day Latka interviews a software (SaaS) CEO and gets them to share how they've grown (or not) so fast all backed by hard data points. To date, over 1000 CEO's have been interviewed that together do over $6b in revenue, have raised over $5b, and employ more than 180,000 employees. The magazine for CEO's: http://nathanlatka.com/magazine The Book for CEO's: http://nathanlatka.com/bookamazon