Key Takeaways
- Teddy and Natalie launched home businesses for barbecue sauces and natural skincare, respectively.
- Both entrepreneurs prioritize family and passion, with Teddy focusing on blessing others and Natalie aiming for business growth.
- The episode highlights the challenges and rewards of small, family-run enterprises and the value of customer feedback.
- Guests shared practical advice for aspiring entrepreneurs, emphasizing niche markets and trusting the process.
- The host encouraged listeners to support small, non-corporate businesses as an alternative to larger entities.
Deep Dive
- A special edition Bard's FM cap, designed by guest Teddy, was introduced to celebrate 50 million downloads.
- The cap includes two barbecue sauces developed by Teddy, with a preference noted for sweet over spicy varieties.
- The host emphasized an 'authentic' spicy version of Teddy's barbecue sauce.
- The host introduced Teddy (Bear Armaud) and his daughter Natalie (Little Bear) to discuss their respective home businesses.
- Teddy mentioned having three children, with Natalie, his youngest, living nearby with her husband and two children aged three and one.
- Natalie shared her lifelong dream of living close to family, influenced by being homeschooled.
- Natalie detailed the origin of her skincare line, 'No Not Today,' which began from dissatisfaction with existing products.
- She developed her own recipes through trial and error, focusing on natural ingredients for face serums and tallow-based products.
- Ingredients are sourced responsibly, including grass-fed tallow from Arizona and other components from local businesses.
- Natalie's vision for her business involves evolving into a full-scale operation that could employ friends and include owning property and cows for tallow production.
- She has scaled back her immediate growth plans to prioritize time with her young children and husband, finding local markets exhausting.
- Natalie's products are handmade, and she recently transitioned to professionally printed labels; her face serum is priced at $27, compared to a competitor's similar $100 product.
- Natalie considered making shampoo but found it difficult due to Arizona's hard water, focusing instead on face cleansers.
- Her products, developed through trial and error, often have a short shelf life due to the absence of fillers or preservatives.
- Essential oils like blue tansy and lavender are used for their benefits, and tallow-based products are confirmed safe, even edible, though Teddy's barbecue sauce tallow is not recommended for consumption.
- Teddy reported that while customers enjoy his barbecue sauces, they generally prefer sweet flavors over spicy ones, noting a lack of strong vinegar taste.
- Natalie receives orders for her products from a diverse age range, including men, mothers, and older ladies, with repeat customers forming a significant portion of her business.
- Beyond skincare, Natalie offers beard oil, lip balm made from beeswax and beef tallow, Gua Sha facial stones, and a jojoba face oil with home-roasted coffee beans.
- The discussion highlighted the scalability and freedom of online businesses, which do not require a physical retail storefront.
- Natalie has successfully placed her products in a local Greek yogurt shop, generating additional income and providing a physical retail presence.
- She also participates in local markets, selling items like face cream and hair detanglers for a kids' swim school, which has increased exposure and customer outreach.
- Teddy explained his business is a 'kingdom model' focused on blessing others, providing a creative outlet and allowing time with family, rather than being a full-time job.
- Natalie's business model aims for growth and financial independence, driven by the motivation to involve her husband and family, allowing him more time at home.
- The host contrasted these two approaches, highlighting Teddy's focus on outreach and Natalie's ambition for expansion.
- The host summarized the discussions with Natalie and Teddy, emphasizing their distinct business models and shared family focus.
- Plans were announced to create a dedicated website page featuring links to small, non-corporate businesses, including those of guests like Don Cox and Angeline Designs.
- Listeners were encouraged to explore and support these small businesses to foster community talent and provide alternatives to corporate America.