Creating Synergy Podcast

Creating Synergy brings you engaging conversations and ideas to explore from experts who help businesses adopt new ways of working. Discover innovative approaches and initiatives, new ideas and the latest research in culture, leadership and transformation.

October 12, 2022

#87 - David Fogarty, Founder of Oodie on how he scaled to over $400 million in revenue in four years

David Fogarty’s portfolio company, the Davie Group, has done over $400 million in revenue in four years.  How did he do it?

Our new episode has something special for you: a story of an entrepreneur who built a multi-million dollar eCommerce business at the age of 27!

This episode is like a mini-MBA in growth hacking a group of companies from nothing to over $400 million, from one of the best in the business.

 

We discussed: 

🎯The resources he uses to grow his mindset and business 

🎯His formula for business growth and happiness

🎯If he had to do it all over again, how he'd grow a multi-million dollar business faster

🎯Why building a community is the secret to high-growth ecommerce

🎯Why growth and imposter syndrome go hand-in-hand. 

🎯 And much more!

 

If you're looking to learn more about the ups and downs of entrepreneurship, scale, and mindset, this episode is for you so don't miss it!

Listen

 

 

Watch the Live episode here

 

0:00 - Why business should be taught within school 

5:27 – Starting young being an Enterpreneur  

8:51 – Seeing the Potential, giving positive feedback 

12:01 – Starting a Business 

15:10 - Mindset about Business, choosing to be happy and peaceful instead of being a billionaire 

19:00 – Filling your different cups in life 

23:21 – In Achieving Happiness 

28:13 – Educate Yourself, using you tube 

30:30 – Align learnings to the end result 

31:44 – Influencer Model 

35:49 – Growing in LinkedIn, Instagram 

37:56 – Advice to get onto social media platforms 

38:47 - Imposter syndrome  

42:10 - Leverage of Digital Media and Beauty of Capitalism 

44:00 – Oodie's mission 

48:28 – Invaluable business learnings 

50:44- Lack of Clarity and Business Strategy 

53:27 – understanding your limitations,  

56:32 – Looking to grow and expand in the global market 

1:04:22 – what is your business strategy 

1:05:55- On innovation ideas 

1:19:25 – Don't be afraid to slow down decision making 

 

 

 

 

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Guest Info

 

David circle

Davie Fogarty is the Founder of The Oodie, The Calming Blankets and many other brands, and the 2022 winner of the 40 under 40 Entrepreneurial Award and social media sensation amassing hundreds of thousands of followers. 

He’s a 27-year-old university dropout who, after failing at many business ventures, started his e-commerce businesses The Oodie and Calming Blankets in 2018 and, as they say, the rest is history. 

With The Oodie becoming a “lockdown essential”, Fogarty has since started and acquired new brands to build The Davie Group, which he said has done over $400 million in sales. 

His entrepreneurial mindset revolves around staying humble and helping other e-commerce companies succeed, which has proven successful time and time again.  

 

Connect with Davie Fogarty

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Host Info

Daniel Franco

Daniel Franco

Daniel is a 'People Collector' kind, a steadfast optimist who believes that the power of trusting relationships is foundational to our bright future. He believes that the world is a better place when we work together. Besides being the Director of Synergy IQ, Daniel is the Host of the Creating Synergy Podcast and rises up every morning with the vision that he can help leaders create a business where their people feel safe, inspired and fulfilled.

Say hello to Daniel on LinkedIn.